#Laogao E-commerce Newsletter# [E-commerce Morning News on January 3] 1. Alibaba entered the Indian e-commerce market and will set up an office in Mumbai; 2. Taobao will ban the sale of App store recharge cards, and will be implemented in February; 3. Cyberspace Affairs Office: "Restricting the entry of foreign technologies and products" is a misunderstanding; 4. Domestic mobile phones "foreign fragrance", won 40% of the Indian market in October last year; 5. The platform's promotion of "paid train tickets" was questioned: What is the difference with scalpers?
1. Alibaba enters the Indian e-commerce market and will set up an office in Mumbai
According to January 2, Alibaba will set up its office in India in Mumbai. The office is located in the Platina Building, located in the Bandra-Kurla Complex in Mumbai. Currently, the Indian e-commerce market is dominated by local e-commerce Flipkart, followed by Amazon and Snapdeal. Last year, it was reported that Alibaba has joined forces with Foxconn and SoftBank to invest in Snapdeal. Meanwhile, Alibaba is also very popular with small Indian business owners because they can get industrial products made in China through their platform.
Comment: Capital expansion instinct.
2. Taobao will prohibit the sale of App store recharge cards, and will be executed in February
According to news on January 2, on December 30 last year, Taobao officially issued a statement saying that due to the large number of complaints from buyers that the App Store recharge cards purchased cannot be used, Taobao will prohibit the sale of App Store recharge cards (iTunes Gift Card, hereinafter referred to as: App Store recharge cards), and this regulation will be implemented from February 1 this year. Taobao official said that after buying App store recharge cards, a large number of buyers found that the recharge cards cannot be used or the usage time cannot be checked. The source of these recharge cards is unknown, and they are even obtained through illegal use of credit cards, etc., not only will the buyer suffer losses in the interests of the buyer, but it is also prone to disputes with the merchant. In addition, Taobao also reminds sellers that App store recharge cards can still be sold before February 1, but if they continue to sell after February 1, they may be subject to relevant penalties. Please deal with inventory as soon as possible.
Comment: What should I do if I can’t clear the inventory?
3. Cyberspace Administration of Information Technology: "Restricting the entry of foreign technologies and products" is a misreading
On January 3, the National Cyberspace Security Strategy put forward the requirement to promote the use of secure and controllable products. The Cyberspace Security Law also has the same provisions. Its purpose is to safeguard the security and interests of the general public in cyberspace and safeguard the national cybersecurity, rather than to engage in trade protection, nor to restrict the entry of foreign technologies and products.
Comment: The misreading is mostly for the sake of public opinion kidnapping.
4. Domestic mobile phones "foreign flavor" won 40% of the Indian market in October last year
According to January 3, two survey data from IDC showed that Chinese mobile phone manufacturers gained 40% of the market share in 30 of India's most important cities in October 2016. This means that domestic mobile phone manufacturers have achieved phased victory in India, and the Indian mobile phone market has formed a three-legged stalemate in local brands, Korean brands and Chinese brands. The important reason why domestic manufacturers choose India as their first stop to go overseas is that the patent threshold is relatively low, and the models sold by domestic mobile phones in India are mainly low-end phones, and they inevitably fall into price wars.
Comment: There is still a long way to go to explore foreign markets.
5. The platform’s promotion of “paid train ticket grabbing” was questioned: What is the difference between it and scalpers?
According to January 3, the ticket-grabbing battle in the Spring Festival travel rush has entered the final sprint stage recently. Unlike the model of using ticket swiping software for free in the past few years, this year, major platforms have launched the "paid ticket grabbing" service. By choosing the train number and ticket grabbing package, consumers can also purchase "cross-cutting coupons" to increase the probability of successful ticket grabbing. A train ticket requires an additional service fee of as low as a few dozen yuan and as high as more than a hundred yuan. In this regard, some netizens questioned: This is very similar to the scalper who increased the money to the window to drop the ticket. Will he not be able to get the ticket without adding the money in the future? The well-known trap of ticket grabbing platforms is that consumers cannot see how the platform allocates train tickets behind the scenes, and none of these platforms promised to be 100% successful in ticket grabbing, but said that if the ticket grabbing fails, the full payment will be refunded within a few days, and if it succeeds, there will be no refund.
Comment: It’s a scalper.
6. Scan the empty order to obtain Alipay’s subsidy of 260,000 yuan, and 21 people in Wenzhou were sentenced for fraud.
On January 3, 21 fruit store owners and employees in Wenzhou embezzled Alipay’s “reduced immediately” preferential subsidy of more than 260,000 yuan by swiping short orders. They were sentenced to four months of detention to three years in prison for fraud by the People’s Court of Ouhai District, Wenzhou City for fraud.
Comment: The profit is a slight dizzy.
7. Suning Cloud Commerce announced the acquisition of 70% of Tiantian Express shares, and will acquire it in full in the future
On January 2, Suning Yunshang issued an announcement in the evening stating that the company's wholly-owned subsidiary Jiangsu Suning Logistics Co., Ltd. and natural person shareholders of Tiantian Express Co., Ltd. He Wenxiao, Zhang Hongtao and others signed a "Share Transfer Agreement". Jiangsu Suning Logistics invested RMB 2.975 billion in cash to acquire the transferor's 70% stake in Tiantian Express. The announcement stated that within 12 months after the completion of the delivery, Jiangsu Suning Logistics or its express delivery-related industry operating company established by it will purchase the remaining 30% of the shares owned by part of the transferor and all or part of the A-round investors of Tiantian Express at that time, with the corresponding transfer price of 1.275 billion yuan (including equity transfer tax). After the aforementioned 30% equity transfer is completed, Jiangsu Suning Logistics and its operating company will hold a total of 100% of Tiantian Express’s equity.
Comment: Suning won’t take the path of JD.com, right?
8. Faye Wong's live concert earned nearly 3 million yuan, and a rich man gave him a reward of 90,000 yuan.
On January 2, Faye Wong's concert "Fantasy Music" came to an end in controversy. The concert was also broadcast on Tencent Video live. Some media quoted Tencent Video data and said that the total number of viewers of the live broadcast of Faye Wong's concert reached 21.49 million, and a total of 28.138 million gifts were received, equivalent to about 2.813 million yuan. Among them, the fans ranked first in the reward list gave a total of 921,000 gifts, about 90,000 yuan. It is reported that Faye Wong's concert was also broadcast live through VR 360° video. Weijing data shows that a total of 88,000 people are watching online. This VR live broadcast is in a paid form, and users need to spend 30 yuan to purchase a redemption code to watch this live broadcast. This VR live broadcast is supported by VR technology provided by Digital Kingdom, and Nicholas Tse is a shareholder of the company.
Comment: Is it a delay?
9. Guangzhou Baiyun Airport has set up an online car-hailing passenger pick-up area to divide 300 parking spaces!
On January 3, Baiyun Airport announced that starting from January 1, 2017, 300 parking spaces will be set up in the P4 parking lot to set up a "online car-hailing pick-up area" to provide 20-minute free parking. At the same time, online car-hailing is not allowed to enter the A and B arrival areas to pick up passengers. Online car-hailing that violates management regulations will be punished by the platform, and will even be included in the "blacklist" by the airport!
Comment: Online car-hailing interests are in the game.
10. Cai Chongxin will sell 6.5 million shares of Alibaba before October this year
According to a report on January 3, a few days ago, the SEC document submitted by Alibaba Group showed that the pre-arranged stock sales plan will allow Alibaba Group's executive vice chairman Cai Chongxin to sell 6.5 million shares of the company's shares by October 2017. SEC documents show that the Joe and Clara Tsai Foundation, Parufam Limited and MFG II Ltd., which are under Tsai, will be pre-arranged stock sales plan revised in accordance with Article 10b5-1 of the Securities Exchange Act of 1934. The plan allows Tsai Chongxin to sell 6.5 million shares of Alibaba Group's company by October 2017. This plan is in place to meet the purposes of charitable commitments and ordinary wealth planning. The 6.5 million shares account for about 8% of Cai Chongxin’s shares.
Comment: Does this news have any profound connotation?
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