#Laogao E-commerce Newsletter# [E-commerce Morning News on December 23]

E-commerce information: A serious loophole was found but failed to report it in time. Alibaba Cloud was suspended from its qualification for collaboration units for 6 months; it was reported that the United States launched an anti-monopoly investigation into Amazon's cloud computing business; Tencent distributed JD.com's shareholding ratio in JD.com to shareholders dropped to 2.3%; Yunda Shares: It is unlikely that the express delivery industry price will fall sharply next year...

Lao Gao provides everyone with the latest and most valuable Internet and e-commerce information every day.

E-commerce newsletter

1. Yunda Co., Ltd.: It is unlikely that the express delivery industry will fall sharply next year

On December 23, Yunda Co., Ltd. responded during a survey by institutional investors a few days ago that it is unlikely to judge that the express delivery industry will fall into previous price competition again. At the same time, it is prudent to expect that industry prices will not be likely to decline significantly next year, and there is room for upward repair. (E-commerce News)

2. Most Chinese e-commerce stocks closed down on Wednesday Alibaba fell 4.20%.

On December 23, on Wednesday, US time, major stock indexes rose across the board, rebounding for the second consecutive day. Large tech stocks generally rose, with Apple, Google, Microsoft and Netflix gaining more than 1%. Most Chinese e-commerce stocks fell, with Alibaba falling 4.20%, JD.com rising 0.46%, and Pinduoduo falling 1.47%. Other popular Chinese stocks generally fell, including Manbang falling 6.94%, Didi falling 6.79%, Bilibili falling 4.68%, Douyu falling 2.66%, Baidu falling 0.94%, BOSS Direct Recruiting fell 0.34% against the trend, Zhihu rising 1.68%. (E-commerce News)

3. Tencent distributes JD.com's Hong Kong stock shareholding ratio to JD.com dropped to 2.3%

On December 23, Tencent announced that it would distribute approximately 460 million Class A common shares of JD.com Group to shareholders through interim dividend payment. After this dividend payment, Tencent's shareholding in JD will drop from 17% to 2.3%, and it will no longer be the largest shareholder. Tencent President Liu Chi-ping will also step down as a director of JD.com. Tencent and JD.com will continue to maintain a mutually beneficial and win-win business relationship, including existing strategic cooperation agreements. (E-commerce News)

4. Yuanqi Forest organizational adjustment: centralized management of middle and backend business

According to the report on December 22, according to LatePost, recently, Yuanqi Forest is making large-scale adjustments around its organizational structure. Ma Lin, the head of the original dairy brand Beihai Ranch, will be in charge of all the middle and back-end businesses of Yuanqi Forest; founder Tang Binsen will devote more energy to channels, sales management and product research and development. According to reports, middle and back-end businesses include: supply center, production center, finance, legal affairs, manpower, food safety, warehousing and logistics, etc., which are all coordinated departments that need to improve efficiency. At present, the organizational adjustment of Yuanqi Forest is still in progress. According to reports, the national sales director of Yuanqi Forest was also replaced in this round of adjustments. (E-commerce News)

Cross-border newsletter

5. Byte's office platform will accelerate overseas commercialization targets of 6 billion in 5 years

According to reports, as an internal office tool of the enterprise, Feishu was launched within Byte in 2017; in April 2019, Feishu first launched a version for overseas markets, and was officially launched in the domestic market five months later. The product functions at that time included instant messaging, shared calendars, online document collaboration and other functions. A Feishu person said that DingTalk, corporate WeChat and other efficiency tools have occupied the vast majority of the domestic market, so Feishu began to commercialize in advance, "Now we need to accelerate overseas expansion." (E-commerce News)

6. News says the United States launches antitrust investigation into Amazon's cloud computing business

On December 23, Bloomberg reported on Wednesday, local time, citing an unknown person familiar with the matter, that the US Federal Trade Commission is promoting an antitrust investigation into Amazon's cloud computing business. It is reported that FTC officials have contacted several companies in the past few months to collect information related to competition in the cloud computing field. The actions are part of an investigation initiated during the Trump administration, which launched an antitrust investigation into four tech giants. An Amazon spokesperson did not comment. A FTC spokesperson said, "The FTC will not confirm the ongoing investigation or comment." (E-commerce News)

7. UnionPay International and Rwanda jointly issue UnionPay cards to superimpose transportation card functions

On December 22, UnionPay International recently announced that it has cooperated with Rwanda Cogebanque Bank and bus system operator Centrika to launch the first UnionPay card with transportation card functions in Africa. This cooperation is the first time Rwanda has issued a UnionPay card. According to reports, this UnionPay card can be easily applied for at local bus stations and the card is opened in 5 minutes. In addition to being used in UnionPay acceptance networks in 180 countries and regions, cardholders can also "wave" the card to take local buses. (E-commerce News)

Internet Information

8. A serious vulnerability was found but not reported in time. Alibaba Cloud was suspended from the qualification of a collaboration unit for 6 months.

On December 23, the Cybersecurity Administration of the Ministry of Industry and Information Technology recently reported that after discovering serious security vulnerabilities of the Apache Log4j2 component, it did not report to the telecommunications authorities in a timely manner. The notice pointed out that Alibaba Cloud will be suspended as a cooperation unit for the Ministry of Industry and Information Technology’s network security threat information sharing platform for 6 months. Many industry insiders said that this is a very basic log library vulnerability, and almost all Java programs will be involved, which has a great impact. (Observer.com)

9. Newegg and Affirm cooperate to launch "Installation Payment" service

According to foreign media reports, recently, North American e-commerce Newegg Newegg announced a cooperation with payment giant Affirm to provide customers with "installment payment" payment options. Currently on Newegg, customers with a single order worth over $100 can choose Affirm installment payments. Affirm will charge a small portion of interest and will not hide any late fees or other fees. Silvija Martincevic, chief commercial officer of Affirm, said that according to the survey, more than half of Americans said they would choose installment options during this year's shopping season, which will be an important consideration for their purchases. (E-commerce News)

10. Douyin e-commerce launches special governance on irregular behaviors in saffron products promotion

Today, Douyin e-commerce issued a special notice on the governance of irregular behaviors in saffron products. If the violation is found, the merchant will take punishment measures such as removing the product from the shelves and accumulating illegal points in accordance with the "Merchant False Propaganda Implementation Rules" in accordance with the "Merchant False Propaganda Implementation Rules" to remove the product from the shelves and deduct credit points in accordance with the "E-Commerce Creator Illegal and Credit Score Management Rules". (E-commerce News)