​Morning News: Alibaba's first western e-commerce report: The number of entrepreneurs who open stores on Taobao exceeded the central and eastern regions for the first time; a total of 29,000 overseas brands participated in the event during Tmall 618; Kuaishou E-commerce: The "ZTE" brand investment will resume from now on; Amazon's US station will charge sales tax on FBA orders on July 1; Tujia: The number of early bookings for Dragon Boat B&Bs reached 110% in the same period in 2019...

Evening News: Flipkar won the top ten retailers in India in 2020, Amazon took second place; Amazon updated the Amazon Pay dashboard to bring convenience to sellers; China Post officially launched the "Nanning-Nanjing" litchi line; Xinyang Medical Beauty official flagship store entered JD.com; Alibaba Vice President Jialuo: Alibaba Mama 618 guided the number of new purchase users to grow by more than 140%...

Since he started his e-commerce circle in 2010, Lao Gao has been starting a business for 11 years. In recent years, he has invested in more than 30 companies, and 10 of them have gone bankrupt. After experiencing the management of more than 30 companies and visiting the management of hundreds of companies, Lao Gao has understood the essence and true meaning of management from these pains.

​QQ red envelope sending function has supported WeChat payment; Dingdong Maicai submitted an IPO prospectus to the US SEC: a temporary fundraising of US$100 million; JD Fresh’s “10+10” plan has been released to upgrade its quality control services; Vipshop was sued for arrears of advertising fees and was sentenced to pay more than 17 million yuan in compensation; the one-stop cross-border seller logistics service platform "Cross-border Good Luck" received hundreds of millions of yuan in Series A financing...

JD International Logistics launches a chartered flight route for all freight in Nanjing-Los Angeles, China and the United States; Flipkart, a subsidiary of Walmart, postponed its IPO to seek financing of at least US$3 billion; it is rumored that Dong Mingzhu said that Gree will connect to the Hongmeng system in the future; Tmall released the 2021 Fruit County Picture Book 16 places and was rated as a "special fruit county"; Tmall launched a plan to expand new brands in the next five years to invest 1 billion...

What exactly is the reason why 3.1 million stores collapsed? Is it e-commerce or is it a rising store rent? Let’s explore it together today.