In 2018, China’s GDP totaled 90 trillion yuan, and the country’s online retail sales reached 906.5 billion yuan.


China News Network News: On January 21, according to the National Bureau of Statistics, the annual GDP of 2018 was 900.309 billion yuan, calculated at comparable prices, an increase of 6.6% over the previous year, achieving an expected development target of around 6.5%.


It is worth noting that in 2018, the national online retail sales amounted to 906.5 billion yuan, an increase of 23.9% over the previous year. Among them, the online retail sales of physical goods was 701.9 billion yuan, up 25.4%, accounting for 18.4% of the total retail sales of consumer goods; the online retail sales of non-physical goods was 1986 million yuan, up 18.7%.


Bank of The Farmers Bank Limited in Bangladesh is blacklisted


Hugo.com: Recently, due to poor management and other factors, the Farmers Bank of Bangladesh has a relatively frequent vicious breach of credit, which has caused huge losses to Chinese companies in the international trade of Bangladesh. Therefore, the official website of the Economic and Commercial Counsellor's Office of the Chinese Embassy in Bangladesh issued a security risk reminder, officially including the bank in the default blacklist.


Tmall International changed part of the security for the business category, effective January 28.


Hugo.com: On January 21, Tmall International announced that it will adjust the business category "OTC drugs/medical devices/planning supplies" in order to adapt to the rapid development of the Tmall international platform and meet the development and changes of the business model. Part of the deposit, which came into effect on January 28, 2019. details as follows:


International medicine and international non-prescription drugs for “OTC drugs/medical devices/planning supplies”, the brand flagship store has a deposit of 300,000 yuan, and the store type has a price of 800,000 yuan; the international medicine of “OTC drugs/medical devices/planning supplies” includes international Contact lenses and care solutions, the brand flagship store margin is 500,000 yuan, and the store type is 800,000 yuan.


Adidas e-commerce platform filed a false ruling, 85 companies were found guilty


Hugo.com: Recently, Adidas' e-commerce platform complaints have come to an end. The US Southern District Court Judge Beth Bloom has determined that 85 companies selling Adidas products sell counterfeit products and constitute trademark infringement and other illegal activities.


It is reported that these infringing goods are sold through platforms such as Amazon, Bonanza, eBay, ioffer and Wish. Adidas asked the court to rule that these e-commerce platforms prohibit sellers from selling and using counterfeit trademarks and controlling seller accounts; and that seller IDs selling counterfeit products remove the listing and related images of the Adidas trademark and pay the corresponding damages.


Asia's richest man, Mukesh Ambani, will enter the Indian e-commerce and declare war on Amazon and Wal-Mart!


Hugo.com: According to foreign media reports, Asia's richest man, Mukesh Ambani, will launch his own e-commerce platform in India. It is understood that Ambani is planning to enter the e-commerce field, through the use of new technologies such as AR (Augmented Reality) to create an "immersive shopping experience", and with Amazon India and local competitors Flipkart and other companies competition.


Fire in Amazon MEM1 warehouse


Hugo.com: Recently, Amazon officially issued a notice saying that the MEM1 warehouse was in a fire, telling sellers that if there is any need to cancel the plan for the goods to be sent to the warehouse; the inventory already in MEM1 will be temporarily classified as unsaleable. Compensation will be made in accordance with FBA's lost and damaged inventory compensation policy.


At present, Amazon officials have not announced the specific reasons and losses of the fire. But sellers still need to pay close attention to whether Amazon releases new notifications and back-end inventory changes.


Ma Yun was selected as one of the "Top 10 Thinkers" on the website of the US Foreign Policy magazine.


Sina Technology News: On January 21st, the US Foreign Policy magazine website recently selected 10 thinkers who have had a tremendous impact on the world in the past 10 years. Ma Yun was selected.

The magazine believes that Ma Yun established Alibaba in 1999, which not only promoted the links between the Chinese and foreign markets, but also promoted social issues such as poverty alleviation, education, environmental protection and globalization, which have had a profound impact on China and the world.


2019年01月25日

Foreign media: China’s retail sales will exceed 5.6 trillion US dollars in 2019, and it is expected to surpass the US as the world’s number one retail market.
On Valentine's Day on February 14, American consumers spend $20.7 billion, and men spend five times more than women!

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One-week information: Ma Yun was selected as one of the “Top 10 Thinkers” in the world, and the postal fund subsidy policy was introduced in many places across the country.

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