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#Laogao E-commerce Newsletter# [October 12 E-commerce Morning Newsletter]

2021-10-12

Morning News: Ele.me sued Meituan for unfair competition and the latter was sentenced to compensation of 1 million yuan; JD.com launched the "Faithfulness and Love for the Old" shopping festival; Amazon will add two logistics centers in Japan; Adidas donated 20 million yuan in cash and materials to help Shanxi; Meituan affiliated companies established a new company called Meiji Express in Heilongjiang with a registered capital of 1 million yuan...




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1. Ele.me sued Meituan for unfair competition and the latter was sentenced to compensation of 1 million yuan.


On October 12, according to the WeChat of Qingdao Intermediate People's Court, the Qingdao Intermediate People's Court of Shandong Province recently made a first-instance judgment on the unfair competition dispute case of "Ele.me" v. "Meituan": the defendants Beijing Sankuai Online Technology Co., Ltd. and Beijing Sankuai Technology Co., Ltd. stopped the unfair competition in the Internet involved and compensated the plaintiffs Lazas Network Technology (Shanghai) Co., Ltd. and Shanghai Lazas Information Technology Co., Ltd. for economic losses and reasonable expenses of 1 million yuan. Both parties agreed to the verdict and did not appeal, and "Meituan" stated that they would take the initiative to fulfill the judgment. (E-commerce News)


2. Fliggy plans to rename the category "Ondoor Surrounding Tour" to "Ondoor Local Entertainment"


On October 12, Feizhu Taobao issued a public notice on October 11 to change the name of domestic surrounding tour categories. Feizhu plans to rename the category "domestic surrounding tour" to "domestic local entertainment", and simultaneously adjust the name of the category involved in all rules of Feizhu Travel Market. The change will be announced on October 11, 2021 and will officially take effect on November 13, 2021. (E-commerce News)


3. JD.com launches the "Faithfulness and Love for the Elderly Shopping Festival"


According to October 11, JD.com will fully launch the "Faithfulness and Love for the Elderly" from October 11 to 16. It is reported that JD.com has jointly displayed and sold over 100 million high-quality elderly products at home and abroad, covering all daily life scenes. During the event, JD.com also provided a variety of services for the elderly, including free consultations, free basic physical examinations, free home delivery services, and health lectures. (E-commerce News)


4. Taobao has launched a new feature "planting mower" and 50 million people have started planting weeds


According to the report on October 11, according to the World Online Business, starting from October 1, Taobao Bangbang launched the new function of "Double 11 Mowers". Open Taobao APP and click the second button below the homepage to see it. Data shows that 50 million people have planted their favorite Double 11 products here. According to the "Growing Mower" page, users enter their shopping needs in the search box, and click the "Growing Grass" button to see the grass planting content published by experts. Experts introduce Double 11 products in the form of videos or pictures, including reviews and price comparisons, as well as practical books to introduce the rhythm and strategies of Double 11. (E-commerce News)


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5. Former Amazon cloud computing executives start taking new positions at Microsoft to take charge of cybersecurity


On October 12, it was reported that Microsoft said Charlie Bell, a former Amazon cloud computing executive, began taking on a new position at Microsoft on Monday, responsible for cybersecurity. Previously, the two competitors resolved disputes over Bale's work restrictions. A Microsoft spokesman said in a statement that after discussions with Amazon, Charlie Bell began his new role on October 11, focusing on improving cybersecurity capabilities. In 1998, Amazon acquired Bell's e-commerce software startup, so he joined Amazon. (E-commerce News)


6. Amazon will add two logistics centers in Japan


On October 11, Amazon Japan Station recently announced through its official website that it will open logistics centers in Tokyo's Aomei City and Liushan City, Chiba Prefecture, respectively. According to reports, with the opening of these two logistics centers, the total number of logistics centers in Japan will increase by more than 20, and the product storage capacity will increase by more than 10%, totaling more than 15 million cubic feet. As distribution bases expand, Amazon will offer a wider lineup than ever before and strengthen the system to deliver products to customers faster. Over the holidays, more than thousands of distributors will be able to deliver products to more customers across Japan.


7. Adidas donated 20 million yuan in cash and materials to help Shanxi


On October 11, there have been severe heavy rains and floods in Shanxi recently. Adidas China will donate a total of 20 million yuan in cash and materials to the China Poverty Alleviation Foundation to help with disaster relief and pay tribute to every rescue worker fighting on the front line. (Yibang Power News)


8. News says negotiations on Auchan's acquisition of Carrefour are suspended


According to October 11, it is reported that French retail giant Auchan recently contacted its competitors, and the negotiations between the two sides were at a deadlock due to price issues. Auchamp's deal proposed by Carrefour is valued at around 21 euros per share, with a total market value of approximately 16.6 billion euros ($19.2 billion), people familiar with the matter said. Carrefour management and major shareholders believe that the valuation range of 20 euros to 21.25 euros is too low. In addition, the transaction structure of cash and stock trading is also a point of negotiation differences, and negotiations between the two sides have been suspended. It is understood that in January this year, the French government prevented Canada's Alimentation Couche-Tard from acquiring Carrefour for US$20 billion. Carrefour's stock price is currently 16.03 euros, with the company's market value around 12.6 billion euros.


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9. Beike Real Estate responds to layoffs: Business adjustments will be properly arranged


Beike Real Estate said that since the beginning of this year, the industry environment has undergone major changes, and the company has adjusted some businesses such as finance in Shanghai based on this. For employees involved in this adjustment, they will strictly abide by the National Labor Law and other relevant laws and regulations and make proper arrangements, and provide them with priority to internal transfer opportunities. Previously, according to the Beijing News, it was learned from multiple independent sources that all the staff of Beike Real Estate Shanghai R&D team were optimized, and the compensation for layoffs was "N+3".


10. Meituan affiliated company established a new company called Meiji Express in Heilongjiang with a registered capital of 1 million yuan.


According to news on October 11, Qichacha information showed that on October 9, Heilongjiang Meijishuang Express Co., Ltd. was established. The legal representative is Lu Nan, with a registered capital of RMB 1 million. The business scope includes: domestic cargo transportation agent; warehousing equipment rental services; loading and unloading and handling; housekeeping services; information technology consulting services, etc. The company is 100% controlled by Meituan's affiliated company Shanghai Meiji Express Co., Ltd. (E-commerce News)


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