#Laogao E-commerce Newsletter# [E-commerce Morning News on June 12] Tmall JD.com online store was asked to self-examination of the risk of underreporting revenue for three years and pay the corresponding taxes; Ding Lei's first live streaming show GMV exceeds 72 million yuan, and the transaction orders exceed 200,000; it is said that B station entered the live streaming sales: it will be connected with Taobao, click to jump directly; Didi refutes the rumors Meituan acquisition: Some people dare to write, some people dare to believe it; Amazon will hold the first Singapore seller online summit on June 19...

E-commerce newsletter
1. Tmall JD.com online store is required to self-examination of the risk of underreporting revenue for 3 years and pay the corresponding taxes
Many online store owners in a city in North China said that in May they received a "risk self-inspection reminder" sent by the local tax department through the electronic tax bureau, reminding them that there is a risk of lesser accounting for business income, and requiring companies to self-inspection problems that have been underreported for three years and pay taxes and late payment fees. Specifically, it refers to enterprises that open online stores on e-commerce platforms such as Tmall and JD.com. The sales revenue they declare to the tax department is quite different from the sales revenue counted by the e-commerce platform, and they need to pay the value-added tax and corporate income tax generated by the revenue difference. Online store merchants must self-check the risk of underreporting revenue for three years and pay the corresponding taxes. (Penguin)
2. JD.com received 397,000 supporters from its public offering, surpassing NetEase, becoming the king of new stocks in three industries.
Yesterday, JD.com, which ended its subscription, announced that it would be priced at HK$226 per share, which is about 4% discount to its American Depositary Stock (ADS) closing price on Wednesday, raising HK$30.058 billion. It is reported that its public offering part has been sought after by 397,000 retail investors (NetEase subscribed 371,000), recording nearly 180 times over-purchase, with frozen capital of about HK$285 billion. It not only became the most people subscribed for new shares this year, but also won the throne of this year's fundraising king and frozen capital king this year, becoming the three new stock king. (Hong Kong News Agency)
3. Suning’s “618” Super Show: 100 special price rooms with 6.18% off on site
On June 11, Suning released the "618" super show benefits, with the highest benefit being to provide consumers with the purchase qualification of 100 special price houses of 618% off. The 100 special-priced housing units mainly come from Suning Real Estate, R&F, Peacock City, etc. (China Securities Network)
4. Ding Lei’s first live broadcast sales show GMV exceeds 72 million yuan, and the transaction orders exceed 200,000
On June 12, NetEase CEO Ding Lei opened his first live streaming show on Kuaishou and NetEase Yanxuan on the evening of the 11th. Finally, after more than 4 hours of live broadcast, Ding Lei's live broadcast of Kuaishou and NetEase Yanxuan App has a cumulative GMV of over 72 million yuan, a cumulative number of viewers exceeding 16 million, a maximum of 1 million online at the same time, and a transaction order of over 200,000. (Titanium Media)
5. It is said that B station will enter the live broadcast and sell goods: it will be connected with Taobao, click to jump directly
On June 11, it was learned from the UP host of B station that B station is planning live streaming and selling goods. It has collected relevant information about UP hosts who have intentions to sell goods and Taobao stores. The number of fans is required to be more than 10,000. Live broadcasts will be performed on B station in the future. Users click on the link to jump to Taobao to complete the order. (Titanium Media)
Internet Information
6. Xinhua News Agency survey: QQ and other apps start on their own hundreds of times a day, and software can access photos at high frequency
The investigation found that some apps have problems such as "forced jump start", "self-start", and "associated start". For example, the number of commonly used tool apps such as NetEase Email and QQ is about 100 times a day; after the Didi Chuxing App is launched, try to start 9 other apps within one minute; Tuniu Travel App tries to start 15 other apps in the background running within one minute after the self-start. After launching some office, social and entertainment apps, they will frequently access mobile phone photos and files in a short period of time. Most of them will exceed ten thousand times, and some will frequently read user address book and other information. (Xinhua News Agency)
7. Many well-known online literature writers return to Reading
36Kr learned that recently, many writers including Drunkard, Mu Yi, and Xu Gongzi Shengzhi announced their return to China Literature and will release the latest works on Qidian Chinese and other platforms. A week ago, Yuewen launched a new single-book contract. (36Kr)
8. Apple announces the event schedule of WWDC2020: The keynote speech will be broadcast globally in the early morning of the 23rd
36Kr learned that Apple announced the event arrangements for the WWDC2020 Global Developer Conference on its official website, and the special event keynote speech will be broadcast globally at 10:00 a.m. Pacific Summer Time, that is, 1:00 a.m. Beijing time on June 23). This time, WWDC2020 will be held virtually online from June 22 to 26 Pacific Daylight Time. (36Kr)
9. Didi refutes rumors and Meituan acquisition: Some people really dare to make up, and some people really dare to believe it
According to June 11, Didi’s official Weibo account released a news tonight, saying “Some people really dare to write, and some people really dare to believe it.” It is reported that this move is to dispel the rumors that Meituan acquired Didi. (Titanium Media)
Cross-border e-commerce
10. Amazon will hold the first Singapore seller online summit on June 19
According to foreign media reports, Amazon will hold its first Small and Medium Enterprises (SMB) Summit in Singapore on June 19, 2020, the Amazon 2020 Singapore Online Seller Summit. The summit will start from 9 a.m. to 1 p.m. local time, and the event will feature industry experts from Amazon, Singapore Conglomerates and OCBC Bank on the future of Singapore’s retail industry, opportunities for business growth and support programs provided by SMEs. (Hugo.com)
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