#Laogao E-commerce Newsletter# [E-commerce Morning News on April 9] 1. Walmart will add 500 new automatic pickup kiosks across the United States this year; 2. Alipay responded to the central bank's 180,000 fine: various improvement measures have been implemented and approved by regulatory authorities; 3. Lin Yilun and Liu Qiangdong sang together; 4. Infringement of Alibaba's trademark rights? Alibaba Coin: No; 5. China's smartphone shipments in the first quarter fell by 27% year-on-year...

E-commerce newsletter
1. Walmart will add 500 new pickup kiosks across the United States this year
Wal-Mart announced this week that the company will deploy more than 500 self-service pickup kiosks "Pickup Tower" in retail stores across the United States this year. Walmart’s self-service pickup kiosk is similar to high-tech vending machines, where customers can collect groceries ordered online without interacting with employees. In 2017, Walmart deployed Pickup Tower near nearly 200 supermarkets across the United States.
Self-service pick-up kiosks are one of Walmart's strategies to seamlessly integrate online and offline services against Amazon with its huge physical store network. In April last year, Walmart also launched the "self-pickup discount" function, which can reduce the price of more than 1 million online products. However, consumers need to choose to pick up the items at their local Walmart stores instead of shipping them. (Source: Yibang Power)
2. Alipay responded to the central bank's 180,000 fine: All improvement measures have been implemented and approved by regulatory authorities
Recently, Alipay received a fine of 180,000 yuan issued by the central bank. The fine shows that Alipay has violated its regulations in terms of customer rights, product promotion and personal information protection.
Alipay responded, "In the second half of 2017, we found some problems when we were inspected by the Hangzhou Branch of the Central Bank. We immediately launched an improvement plan. At present, various improvement measures have been implemented and have been recognized by the regulatory authorities. Thanks to the regulatory authorities for their guidance and help, we will be more strict in our future work."
(Source: NetEase Technology)
3. Lin Yilun and Liu Qiangdong sang together
Lin Yilun and Liu Qiangdong sang "BBG". Liu Qiangdong didn't open his mouth much, including Wang Dian and Yao Jinbo. It's really hard to sing a song for professional singer Lin Yilun. Friends, please be optimistic. This is the daily life of drunk men. (Source: Weibo)

Lin Yilun and Liu Qiangdong sang "Back to the Band"
4. Infringement of Alibaba’s trademark rights? Alibaba Coin: Does not exist
A Dubai cryptocurrency company called the Alibaba Coin Foundation (Alibabacoin Foundation) has denied Alibaba's allegations against it in the United States last week. Alibaba has previously sued Alibaba Coin for "obviously, repeatedly and deliberately misleadingly" its trademark.
Alibaba Token Attorney said that Alibaba Coin has no intention of infringing on Alibaba's intellectual property rights. "For Alibaba Coin to use a common word completely legally, it is neither a reasonable nor a suitable response. This term does not originate from China, but from the Middle East where Alibaba Coin is located." (Source: Phoenix Technology)
Internet news
5. Carrier news: Apple iPhone 8/8 Plus red version will be released as soon as tomorrow
A memo from foreign operator Virgin Mobile said that Apple will release the (PRODUCT) RED version of the iPhone 8 and iPhone 8 Plus on Monday (Tuesday Beijing time). (Source: it Home)

Apple iPhone 8/8 Plus Red Edition is released as soon as tomorrow
6. China's smartphone shipments in the first quarter fell by 27% year-on-year
According to Sina Technology, the China Institute of Information and Communications, a subsidiary of the Ministry of Industry and Information Technology, released the "Domestic Mobile Phone Market Operation Analysis Report in March 2018". The report shows that from January to March 2018, China's smartphone shipments were 81.87 million units, a year-on-year decrease of 27.0%. From January to March 2018, the shipments of domestic brand mobile phones were 75.864 million units, a year-on-year decrease of 27.8%, accounting for 86.8% of domestic mobile phone shipments during the same period. (Source: Sina Technology)
7. 2018 Business Mulan List Release: Post-90s on the list for the first time
According to Chinese entrepreneurs, with the help of the promotion and use of the Internet, a group of new generation of female entrepreneurs are emerging. Among the 20 annual business Mulans on the list this time, there are two female entrepreneurs born in the 1980s and one born in the 1990s (first list). They are Mi Wenjuan, founder and CEO of VIPKID, Liu Nan, founder and CEO of Miya, and Chen Anni, founder of Kuaikan Comics. (Source: Chinese Entrepreneur)
8. Make a comeback! Jia Yueting's new company won 601 acres of car-making land in Guangzhou
According to the official website of Guangzhou Public Resources Trading Center, at 3:00 p.m. on April 8, Faraday Future's affiliated company Ruichi Intelligent Automobile (Guangzhou) Co., Ltd. bought a plot of more than 600 acres of land in the bonded port area of Nansha District, Guangzhou at a reserve price of 364 million yuan.
Faraday Future is an American electric vehicle company invested and founded by LeTV founder Jia Yueting. The area of this plot is only enough to build an automobile assembly plant. The land winner promised that the land bidder would introduce a pure electric vehicle assembly project with the world's first-class pure electric vehicle R&D and manufacturing level within one month of the date of land transfer, and start development and construction, and complete and put into production within 24 months. (Source: Securities Times)
9. Behind the Unicorn WiFi Master Key "Training the Pit": Shared WiFi Money Problems
Those who like to use the Internet, pay attention. Recently, the Cybersecurity Administration of the Ministry of Industry and Information Technology (hereinafter referred to as the Cybersecurity Bureau) issued a notice on mobile applications of "Room Network", putting the "WiFi Master Key" at the forefront. In addition to the issue of sharing WiFi personal information that is hotly discussed, the profit model of sharing WiFi has also become a topic of concern in the industry.
It is understood that the main company of WiFi master key is Shanghai Lianshang Network Technology Co., Ltd. (hereinafter referred to as Lianshang Network). Its founder and CEO Chen Dainian introduced the concept of "sharing software" in China in the early days. WiFi Master Key is still on the unicorn list in 2017. (Source: Meijing.com)
Cross-border newsletter
10. 25% of Amazon's revenue comes from cross-border transactions or war with Alibaba
Amazon is pushing sellers to sell goods outside the United States, aiming to prepare for more intense competition in the online retail market. In addition to existing rival eBay, Amazon and Alibaba are likely to compete in the future.
In an interview, Amazon’s global vice president Eric Broussard said that in 2017, more than a quarter of Amazon’s global store revenue came from cross-border transactions, an increase of more than 50% from 2016.
According to analyst estimates of total Amazon merchandise sales, Amazon sellers' overseas transaction volumes range between $50 billion and $75 billion. Amazon has not disclosed data on this. (Source: Yibang Power)
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