In order to enable consumers to quickly obtain more discounted products, Alibaba plans to launch "Taobao Super Value Selection" products, which involves the adjustments of Tmall's "delayed shipment", "commodity transaction timeout", and "7-day no-reason return and exchange specifications".

#Laogao E-commerce Newsletter# [February 7 E-commerce Evening News] 1. China Consumers Association: The counterfeit part of overseas shopping products such as Jumei Youpin and NetEase Koala is self-operated by e-commerce; 2. Tencent: The amount of online shopping fraud intensive Q4 fraud increased by 5.1 times during Double 11; 3. JD.com and Urban Beauty established a RMB 1 billion fashion industry fund; 4. 41 retail stores in mainland Apple will be available to Alipay to support Apple Pay; 5. Apple is preparing to provide refunds for consumers who purchase new batteries in full.

#Laogao E-commerce Newsletter# [February 7 E-commerce Morning News] 1. Alipay may launch a gold red envelope and is undergoing internal grayscale tests; 2. Unmanned shelves are closed, GOGO Xiaochao will never escape the curse of goods damage; 3. Suning Cloud Merchants: Renamed to "Suning.com" from February 7; 4. Meituan led the investment, and Mobike's E-round financing is coming to an end; 5. Bitcoin broke through the $8,000 mark again, rising by more than 13% in 24 hours.

On February 6, Tmall International and CBNData released the "2017 Import Consumption Trend Report" in Beijing. The report shows that as of the end of 2017, a total of 16,400 overseas brands in nearly 4,000 imported categories in 68 countries and regions around the world have been introduced, of which more than 80% of the brands have entered the Chinese market for the first time, and have continued to enrich the import consumption supply of Chinese people in the past year.

#Laogao E-commerce Newsletter# [February 6 E-commerce Evening News Brief] 1. Village chief Liu Qiangdong just sent 5 million yuan of New Year goods to the villagers; 2. The female e-commerce platform Meiyou, which has a net profit of 100 million yuan in 2017, plans to be listed in China; 3. 12 batches of food sampling failed. Amazon website was on the blacklist; 4. Alipay responded to the rumors that "Yu'ebao will be suspended": fake; 5. Everyday Express set up a special fund of 1.5 billion yuan to encourage and improve services.

#Laogao E-commerce Newsletter# [February 6 E-commerce Morning News] 1. Alibaba led the investment in a well-known fresh food e-commerce in India, with an amount of up to US$300 million; 2. JD employees responded to Alibaba: Your empire is built on the flesh and blood of e-commerce; 3. Aurora Big Data: Xianyu has more than 5 million daily active users, firmly ranked first in second-hand e-commerce; 4. Alibaba Group and Wentou Holdings strategically invested in Wanda Movies; 5. Huawei announced its dividend plan for 2017: 20-level veterans may pay nearly 3 million dividends...