Focus interview: making online consumption more secure

  Cctv news(Focus Interview): It’s the annual "March 15th" International Consumer Rights Day again. In recent years, online consumption has accounted for an increasing proportion of people’s consumption. Since 2013, China has become the world’s largest online retail market for many years. However, with the rapid development of platform economy, there are more and more disputes about online consumption. In this year’s two sessions, the Supreme People’s Court mentioned in his work report that a judicial interpretation of online consumption was issued to regulate live delivery and take-away catering, so that online shopping can be bought and used with peace of mind. This judicial interpretation came into effect on March 15th.

  In online shopping, the merchant promises to pay 10 or even 100 for a fake. What if the other party refuses to pay compensation according to the promise after a dispute occurs? If you buy clothes, can you really not return them if the merchants clearly indicate that they don’t support returning them? Online live shopping, compensation, I don’t know who to look for, how to judge? Have you encountered these troubles in online shopping? Starting today, online shopping consumers have taken another reassurance, and the Provisions of the Supreme People’s Court on Several Issues Concerning the Application of Laws in the Trial of Internet Consumption Disputes (I) has been formally implemented.

  Liu Junhai, a professor at the Law School of Renmin University of China, said: "There are 20 judicial interpretations of online consumption. Although there are not many words, they are concise and touch on the pain points, difficulties, hotspots and doubts in our online consumption. It should be said that this judicial interpretation of online consumption is very grounded and beneficial to people’s livelihood."

  Then, what are the "pain points, difficulties, hot spots and doubts" touched by this judicial interpretation? Actually, it’s right next to you and me.

  In recent years, online consumption has become more and more mainstream in mass consumption. By June 2021, there were 812 million online shopping users in China, accounting for 80.3% of the total number of netizens. At the same time, the infringement of online shopping consumers’ rights and interests has become more and more prominent, and the number of online consumption dispute cases has increased significantly. In the face of these new changes, the previous related laws also encountered some new problems that were difficult to solve in practice. Therefore, this judicial interpretation was introduced at the right time. Then, how will this judicial interpretation help us safeguard our legitimate rights and interests?

  Highlight 1: Clarify the main responsibilities of all parties selling goods in live webcasts.

  Consumer Mr. Wang bought a diet candy highly recommended by anchor online celebrity on a well-known live broadcast platform. After eating it several times, he suffered from severe diarrhea. After testing, this online celebrity diet candy contained "sibutramine" which was banned by the state. After the intervention of relevant departments, it was found that it was not easy to find the source of products.

  Ying Jiande, deputy head of the comprehensive administrative law enforcement team of Taizhou City, Zhejiang Province, said: "Online sales are difficult to be detected by supervision. It is found in one area, but they are sold through the Internet nationwide, and its packaging is easy to change. When you find out that this product is illegal, it may have changed a packaging, so you can’t check it."

  It is not uncommon to find that there is something wrong with the product you bought, but you don’t know who to look for and no one to take charge of it. In recent years, the development of webcasting with goods is very rapid. Because its marketing model is intuitive and interactive, it is favored by many consumers. While we get convenience and fun, we also find that there are many chaos behind it.

  In recent years, the number of complaints about online consumption has declined as a whole, but the complaints about live webcasting have risen instead of falling, and the problems in live webcasting need to be solved urgently.

  Among the 20 judicial interpretations issued this time, 7 are related to live webcasting. These seven provisions point to a common direction, that is, to clarify the main body of responsibility of all parties and their respective responsibilities.

  Compared with other marketing methods, webcasting involves many subjects and complicated links, and it is easy for all parties to pass the buck when problems arise. In view of this situation, this judicial interpretation clearly expounds the responsibilities of the operators in the platform, the operators in the live broadcast room and the online live broadcast marketing platform according to the different situations in which consumers’ rights and interests are infringed.

  Liu Min, vice president of the Supreme People’s Court No.1 People’s Court, said: "For the operator, if his staff members make false propaganda and cause damage to consumers’ rights and interests during the live webcast, we say it is his duty behavior, and as the operator, he should bear the responsibility of the seller. Regarding the responsibility of the operator of the live broadcast room, the judicial interpretation stipulates under what circumstances it is the responsibility of the operator of the live broadcast room. "

  In a case similar to that of Mr. Wang, the platform often claims to be the behavior of the live broadcast room, which has nothing to do with itself. For this kind of pot-throwing behavior of the platform, the judicial interpretation clarifies the responsibility of the platform with three provisions: if the webcast platform cannot provide the real name, name, address and effective contact information of the live broadcast operator, consumers can request compensation from the platform. If the platform does not review the food business qualification of the webcast room, it will bear joint and several liability when the legitimate rights and interests of consumers are damaged. If the platform knows or should know that the goods sold in the webcast room do not meet the requirements of protecting personal and property safety, or there are other acts that infringe upon the legitimate rights and interests of consumers, it shall bear joint and several liability if it fails to take necessary measures.

  Liu Junhai, a professor at the Law School of Renmin University of China, said: "The operators of the live broadcast rooms in the platform are selected by the platform, and they must be at least qualified to make a reasonable audit and appraisal of their products and models. However, deliberately indulging, turning a blind eye and closing one eye, many live broadcast operators are small enterprises, shooting a shot for a place, grasping the platform, and consumers’ rights protection will be fundamentally grasped. "

  Highlight 2: Clarify the invalid format terms of online shopping.

  "Our store reserves the final right to interpret the above terms" and "This product does not support return". How do you feel when you see the statement made by the store online? Consumers can only silently accept or walk away.

  This overlord clause is one of the standard clauses. The so-called format clauses are generally contracts drawn up by the dominant party alone. Without consultation with the other party, the other party can only choose to accept or not. In online consumption, format clauses are generally formulated unilaterally by operators, who often give themselves more rights and make consumers assume more obligations. Although consumers are generally dissatisfied with the overlord clause, few people pay attention to what format clauses merchants have when they actually buy online.

  Regarding the overlord clause, there are relevant provisions in the Civil Code and the Consumer Protection Law, but it is not clear enough, so there are still some problems that are difficult to solve in practical application.

  Jian Chen, director of the Complaints Department of the China Consumers Association, said: "Consumers are not all legal experts. In fact, consumers often pay attention to the issue of format clauses when there is a dispute, so they are often reflected in complaints, but once they enter a dispute situation, the existence of format clauses becomes an important content that hinders consumers’ rights protection."

  In the judicial interpretation issued this time, the first article points out that five format clauses that are not conducive to consumers are considered invalid. These five terms are familiar to almost everyone. For example, the consignee’s receipt of the goods is regarded as recognition that the quality of the goods conforms to the agreement, and the e-commerce operator has the right to interpret unilaterally or finally. Starting from today, even if such terms are clearly marked by merchants, they cannot hinder consumers from legally safeguarding their rights.

  Highlight 3: Improve the takeaway catering platform and the operator’s responsibility.

  The younger brother of Mr. Qi, a consumer, had obvious discomfort after drinking milk tea bought on a take-away platform. When Mr. Qi decided to complain about rights protection, he found that this tea shop could not be searched on the takeaway platform. After investigation, the local Consumer Council found that the tea shop had been renamed, but on the page of this takeaway platform, the Consumer Council failed to find the qualifications such as business license and food business license that merchants should publicize. After investigation, this store does not have the qualification to manufacture and sell drinks.

  In online catering, there are not a few shops like this tea shop that operate beyond the scope and still sell on the platform without any qualifications. You can deliver food to your door immediately without leaving home and placing an order with one button. This service method brings convenience to consumers, but at the same time, because of its virtual and cross-regional characteristics, it also makes consumers face various risks and hidden dangers.

  In Jiangsu, a courier brother reported the restaurant because it was filthy. These shops that even the third party could not stand it were always able to open safely under the supervision of the online catering platform. Whether online catering can be operated in good faith has aroused great concern of the whole society. In order to protect consumers’ health and maintain food safety, this judicial interpretation clearly stipulates the platform’s audit obligation and operator’s responsibility.

  Liu Min said: "As a consumer, it is difficult for him to judge whether the operators have food processing qualifications and whether they meet the requirements of our food supervision. In this case, it is more about the responsibility of the platform. In addition to administrative supervision, it is allowed to come in and operate, and the qualifications should be relatively reviewed. If problems are found, the report of this report, if the responsibility is not fulfilled, should increase the accountability and force the platform to perform its responsibilities. If the operator entrusts others to process food, then in this case, it cannot be excused on the grounds that the food is processed by others. "

  Highlight 4: Improve the seven-day unreasonable return system.

  When online shopping products are not satisfied and want to return them, many people will find that it is not so smooth. In online shopping, consumers can’t see the real situation of goods on the spot. Therefore, the Consumer Protection Law stipulates that online shopping goods can be returned for seven days without reason, which gives consumers the right to go back on their word.

  Although the Consumer Protection Law has been implemented for many years, in practice, the problem of difficult return is still widespread. Now, the judicial interpretation has made more detailed and specific provisions, further clarifying that those who meet the conditions for returning goods must return goods without reason.

  Liu Min said: "The judicial interpretation specifically stipulates that even if it is opened, it is necessary to open it based on whether the goods are qualified or not, and this kind of opening still needs to be returned. If the seller said that when selling, this law has stipulated that there is no reason to return the goods for seven days, and it has also made a promise that it can be returned for seven days without reason, and the return has to be returned. "

  In addition, the judicial interpretation issued this time also clearly stipulates some other problems that need to be solved urgently in practice, such as off-platform payment, brushing, brushing traffic, prizes, gifts, redemption of goods, and promises higher than legal compensation. These regulations are specific and targeted, which can directly and effectively solve the problem.

  The development of network economy is changing with each passing day, and new models and patterns are constantly emerging. Therefore, the formulation of laws should not only be based on the status quo, but also focus on the future, leaving enough exploration and practice space for market innovation.

  Liu Min said: "At present, the first judicial interpretation is mainly based on the most common problems in practice, and it is also an urgent problem to be solved. Then we have made such a provision, and there are still many problems in the follow-up, and there will be new problems with the development of the industry. Exposure, so our current work plan is also based on steps."

  Network consumption and platform economy are related to thousands of households. On March 15th last year, General Secretary of the Supreme Leader pointed out at the ninth meeting of the Central Financial and Economic Committee that it is necessary to improve the rules and regulations, speed up the improvement of laws and regulations on platform economy, make up the gaps and loopholes in rules in time, and promote the healthy and sustainable development of platform economy. To develop the platform economy, we should use it well and manage it well. In addition to the "online" system, the supervision should also be "online", the protection of consumers’ rights and interests should be strengthened, and the platform and businesses should be urged to operate legally and in compliance, so that we can have a safe, convenient and healthy online consumer market and the platform economy can develop healthily and continuously.

Chongqing police busted a "money laundering" gang: buying gold by credit card and selling it at a low price to get cash.

  On March 25th, The Paper learned from Jiulongpo Branch of Chongqing Public Security Bureau that the criminal investigation detachment of the bureau had recently busted a criminal gang that used buying gold bars as a telecommunication network fraud gang to "launder money", arrested five suspects and seized gold bars worth more than 380,000 yuan on the spot.

  The suspect identified the gold bars seized at the scene. Photo courtesy of Jiulongpo police

  According to reports, at the beginning of this year, the Criminal Investigation Detachment of Jiulongpo District Public Security Bureau obtained important clues in its work. A man bought a large number of gold bars in the gold shop under his jurisdiction, and immediately exchanged them for cash at a low price in the nearby market. This caught the attention of the police. "At present, the gold price of gold shops exceeds that of 500 yuan per gram, while the recycling price is more than 400 yuan, ‘ Buy high and sell low ’ Obviously illogical. " The police believe that the man is suspected of major money laundering crimes.

  Through visiting and arranging the gold shops in the jurisdiction, the police handling the case found that several suspicious men appeared in many well-known gold shops recently — — Rushed to the store, bought a lot of gold with bank cards, and ignored the quality and style of gold, and turned a deaf ear to the introduction of the clerk.

  After more than a month’s preliminary investigation by the police, a money laundering criminal gang surfaced. Through monitoring and guarding, the police recently arrested five suspects, including Liu, who was committing money laundering in a gold shop in a large business district in the main city, and seized 900 grams of gold bars with a cash of 5,700 yuan and a value of more than 380,000 yuan.

  After the trial, five suspects, including Liu, confessed that from October 2022 to February 2023, they were summoned by fellow countryman Chen Moumou and others, knowing that they were the funds obtained from telecommunication network fraud, and they used bank cards to collect the funds from upstream telecommunication network fraud, and they used credit cards in gold shops to buy gold and then sell it at a low price to get cash, or they sold gold to Zhong Mou and others in exchange for virtual currency for money laundering and then deposited it in a designated account abroad. After investigation, during the more than four months of participating in money laundering crimes, the gang bought more than 7 kilograms of gold through the above methods, involving nearly 3 million yuan.

  At present, five suspects, including Liu, have been taken compulsory measures by the public security organs according to law because they are suspected of concealing and concealing the crime, and the rest of the people involved have been chased by the Internet. The public security organs are further investigating a number of upstream telecom network fraud cases in this case.

  The police investigating the case said that under the unremitting attack of the public security organs, it is becoming more and more difficult for fraudsters to transfer illegal funds, and gold is expensive and easy to sell, so some people started the idea of using "gold to launder money" and formed a criminal chain in which "errands" buy gold, sell it quickly, and give money to overseas homes through illegal channels.

China and overseas: helping Nigeria’s agricultural modernization

  Figure ① When rice was harvested, local people excitedly took photos with experts from China holding rice.

  Figure ② On Wara Farm, China agricultural machinery is working.

  Figure ③ China technicians teach local farmers how to grow rice. (Photo courtesy of Chen Yi)

  Rice is the main food crop in many African countries. Although Africa has a large area of land suitable for rice growth, countries still suffer from insufficient production and consumption gap. China’s rice industry has rich experience in variety cultivation, production and processing, equipment technology, demonstration and promotion, and industrial investment. The cooperation between China and Africa in the field of rice has obvious complementarity and great development potential.

  Develop operation mode according to local conditions

  With a population of nearly 200 million, Nigeria has abundant arable land, sufficient labor force, abundant water resources and forest resources, and the conditions for developing agriculture are unique. However, the present situation of agricultural development in Nigeria is very backward, food is not self-sufficient, and it relies heavily on imports.

  There is a demonstration farm covering an area of 2,025 hectares in Kebi State, northwest Nigeria. WARA, an agricultural mechanization farm, was invested and built by China Zhongdi Overseas Group in 2006. "After the establishment of the farm, then Nigerian President Obasanjo led relevant cabinet ministers to visit the farm and placed high hopes on promoting the process of agricultural modernization in Nigeria as a starting point." Wang Jun, deputy general manager of China Overseas Agricultural Development Co., Ltd., said in an interview with the Economic Daily reporter.

  Less than half a year after the establishment of the farm, China Overseas Group completed the infrastructure planning and investment construction of the farm with the help of South-South cooperation agricultural experts from China at that time.

  However, the road to development is full of thorns. The wrong rainy season in 2006 gave the farm a "scare". After the sowing was completed, various problems followed. The original technical scheme and equipment of field management can’t adapt to the working environment. Almost all 600 hectares of rice were swallowed up by weeds, and the few tens of hectares of rice with harvest value that were barely preserved were also low in harvest rate due to the low purity of seeds purchased from local companies and inconsistent maturity.

  "The company recognizes that agricultural development in Africa needs a systematic solution, and seeds are one of the urgent problems to be solved. It is not possible to directly copy China’s model experience, but to innovate on the basis of China’s technological experience model and the actual situation in Africa." Wang Wei said.

  In 2008, China Overseas Group and Yuan Longping Agricultural Hi-tech Co., Ltd. jointly established Green Agriculture West Africa Co., Ltd. in Nepal. With the joint efforts of farm technical experts, a comprehensive exploration has been started from breeding to production and cultivation techniques.

  After five years of exploration and innovation, in 2010, the company finally explored the mechanized rice direct seeding cultivation mode and paddy field transplanting cultivation operation mode, established the seed production management system, and obtained the Nigerian seed production and operation license.

  Wang Yun said with joy: "The company has realized the localized development of hybrid rice, and also carried out multi-party cooperation to implement diversified seed development around the local planting structure."

  Cultivate rice varieties with independent property rights

  China’s overseas agriculture has taken root in Nigeria and developed steadily step by step. In 2012, it became a supplier of conventional seeds of rice and corn and original seeds of rice for the "Grain Growth Plan" project of the Nigerian Ministry of Agriculture. The company also carried out training for local farmers and disseminated rice seed production and planting technology, which was welcomed by local farmers.

  China Overseas has established a "company+farmer" production base in Nepal, which has driven more than 5,000 farmers to find jobs and increased production and income, helped Nepal build a production capacity of 10,000 tons of excellent rice seeds, and made great contributions to increasing rice production in Nepal. According to preliminary statistics, as of 2018, China and overseas contributed more than 1 million tons to increase rice production in Nigeria.

  After more than 10 years of continuous investment and efforts, the company registered GAWAL R1, a conventional rice variety with independent intellectual property rights, in Nepal in 2017. Wang Jun proudly said: "GAWAL is the abbreviation of the English name of Green Agriculture West Africa Co., Ltd., R stands for rice, and 1 is the number. This is the first rice variety cultivated by a China enterprise named in Nepal, the first crop variety named by a Nigerian government agency according to the company name, and the first rice variety recommended by the Nigerian government to other 14 countries of the West African Community."

  In order to develop sustainable agriculture in Nigeria, China Overseas has made a long-term plan to invest in the construction of an agricultural high-tech industrial park in Abuja, the capital of Nigeria, from 2013.

  Wang Jun said that the industrial park aims to build a platform for agricultural cooperation between China and Africa, with Nigeria as the center, facing Central and Western Africa and the whole African region, shifting from technology demonstration to industrial demonstration, taking seed and seedling, agricultural machinery exhibition and agricultural products processing as the driving objectives, devoting itself to the demonstration training and promotion center of agricultural technology and equipment in China, Yu Jiancheng, the industrial incubation park radiating Africa with Nigeria as the center, and the cooperation platform for academic exchange of knowledge and information and exhibition and trading of essential product resources to promote agricultural development in Africa.

  Promote experience suitable for Africa’s development

  How can China’s agricultural development experience be combined with African practice to achieve complementarity? Wang Yun put forward some suggestions based on the experience of China and overseas countries in Nigeria for more than 10 years.

  First, win-win cooperation. In agricultural cooperation with foreign countries, in addition to Chinese units going out to sea in groups, sincere cooperation and benefit sharing, it is also necessary to pay attention to foreign demands and interests, bring benefits to local people through cooperation, and achieve win-win cooperation.

  The second is to be realistic and innovative. Compared with Africa, China’s agricultural development model, experience, technology and equipment have certain advantages, but when it is introduced to Africa, it must be innovated according to its own characteristics.

  The third is to identify the key links in the industrial chain. Agriculture has a long industrial chain from seed and planting to storage and processing. It is suggested to "grasp both ends and put them in the middle", make efforts in seed and processing, and fully cooperate with local farmers and industry organizations in planting.

  The fourth is to pay attention to fulfilling social responsibilities. The characteristics of agriculture itself determine that agriculture-related enterprises must have long-term strategy and long-term vision in their operations. In addition to their business operations, enterprises should also have the courage to assume social responsibilities and participate in local public welfare activities.

  Wang Jun believes that China-Africa agricultural cooperation has broad prospects and great room for cooperation. On the one hand, China’s various agricultural development models, agricultural technology and industrialization development experience are suitable for Africa, and the two sides have huge space for cooperation in agricultural industrialization capacity, and can carry out industrial and technological cooperation to enhance African agricultural production capacity. On the other hand, China-Africa agriculture is highly complementary, and Africa has obvious advantages in agricultural resources. China is the largest market and importer of agricultural products, and has a huge demand for tropical cash crops in Africa, which provides Africa with a broad market space. (Economic Daily China Economic Net reporter Chen Wei)

Changzhou Lexus RX special sale! Highest discount 30,000, only this time

Welcome to [Autohome Changzhou Promotion Channel] to bring you the latest car news and benefits. Currently, the high-profile models are undergoing an unprecedented promotion, specially created for consumers in Changzhou area. The maximum discount range is as high as 30,000 yuan, which brings the starting price of this luxury SUV to 375,000 yuan. Take this rare opportunity and click "Check Car Price" in the quotation form, you will have the opportunity to get better car purchase conditions. Don’t miss this perfect opportunity, let’s explore the luxury and cost-effectiveness brought by the Lexus RX together.

常州雷克萨斯RX特价出售!最高优惠3万,仅此一次

The design of the Lexus RX is elegant and powerful, with smooth front lines and a delicate spindle-shaped air intake grille. This iconic design originates from the Lexus family and highlights the perfect fusion of luxury and sports. The overall body profile is smooth and full of modernity, which makes people recognize its unique identity at a glance. The details reveal Lexus’ pursuit of craftsmanship, whether it is the outline of the body line or the design of the headlights, showing the unique charm of the RX.

常州雷克萨斯RX特价出售!最高优惠3万,仅此一次

The Lexus RX has a streamlined body design, with a slender body size of 4890mm x 1920mm x 1695mm and a wheelbase of 2850mm, giving it a spacious interior. The side lines are smooth and dynamic, and with 235/60 R19-size tires, it not only guarantees driving stability, but also highlights its elegant appearance. The front and rear wheels are both 235/60 R19-size, and the wheel rim design is exquisite, further enhancing the overall visual effect.

常州雷克萨斯RX特价出售!最高优惠3万,仅此一次

The interior of the Lexus RX is exquisite and elegant, showing the perfect fusion of luxury and technology. The steering wheel is made of genuine leather, which feels delicate and provides electric up and down + front and rear adjustment, bringing a comfortable grip experience to the driver. The center console is equipped with a large 9.8-inch screen and built-in automatic speech recognition control system, which can easily control multimedia, navigation, telephone and air conditioning, enhancing driving pleasure and convenience. The seats are made of imitation leather, and the main and passenger seats support front and rear adjustment, backrest adjustment, high and low adjustment and waist support to ensure the comfort of passengers for long rides. The second row of seats also supports backrest adjustment, providing passengers with more space flexibility. Overall, the interior design of the RX emphasizes the balance between practicality and luxury, creating an exclusive interior environment for passengers.

常州雷克萨斯RX特价出售!最高优惠3万,仅此一次

The Lexus RX is powered by a 2.5L four-cylinder engine with a maximum power of 139 kilowatts and a maximum torque of 241 Nm. This powertrain, combined with the high-efficiency E-CVT continuously variable transmission, provides the driver with a smooth and dynamic driving experience.

Overall, the Autohome owner is full of praise for the appearance of the Lexus RX, and the luxury and stability he mentioned and the unique design of the front face undoubtedly add a unique charm to this model. The car owner’s emphasis on the coordination of the body proportions and beautiful lines, as well as the high recognition on the road, fully prove the ingenuity of the RX in design. Therefore, whether it is the pursuit of quality or the focus on individuality of consumers, the Lexus RX is undoubtedly a reliable choice.

Little is known why Yang Ying decided to call her Angelababy

  Among all the stars in the Chinese mainland, only Angelababy became the only one who became famous in English.

  

  Many people are familiar with the name Angelababy, but they are unfamiliar with the name Yang Ying.

  

  So why is Yang Ying called Angelababy? How did this name become popular?

  Angelababy was born in Shanghai on February 28, 1989. She is of Chinese-German descent and her Chinese name is Yang Ying. She is a true Chinese.

  

  Angela (Angela) is a woman’s name. Zhang Shaohan’s English name is Angela Zhang, and Li Xiang’s daughter’s English name is Angela, which is also the name of a Japanese animation singer group. Baby means baby, in addition to calling children, you can also call your beloved. Angel is the English of "angel", and AngelaBaby is connected together, which means "angel baby".

  

  Angelababy’s English name was Angela when she was a child, but her classmates thought the three sounds of the name were too difficult to pronounce, and she had Baby Fat, so they were all called Baby. When she hosted the Disney show, she used Angela back, and later didn’t want everyone to confuse her name, so they combined to become the current angelababy.

  

  Afterwards, she made her debut as a model and turned her acting career to the big screen in 2007. She grew up step by step, becoming increasingly known as angelababy.

  In recent years, her popularity has skyrocketed and her career has blossomed: she has been in the top 100 of the Forbes China Celebrity List for three consecutive years, and she has attended international events such as Paris Fashion Week, Milan Fashion Week, and the Venice International Film Festival.

  

  After Angelababy became famous, the Chinese name Yang Ying was rarely used. The media and fans only remembered the name Angelababy, and for convenience, everyone called her baby.

  

  Angelababy smiled and said, "But I still like my family to call me by my real name, Yang Ying, in Shanghai dialect. It feels the most cordial!"

  

  Now she and Huang Xiaoming are happily together, and on January 17, 2017, they ushered in a new life together. From then on, 1 + 1 = 3.

   

 

 

Meituan 2023 Q3 financial report: revenue 76.50 billion yuan, instant retail orders increased to 6.20 billion

  On November 28, Meituan (stock code: 3690.HK) released the results of the third quarter of 2023. The company’s quarterly revenue was 76.50 billion yuan (RMB, the same below), an increase of 22.1% over last year. Based on the business strategy of improving quality and efficiency, the main business performance was solid and healthy, driving the company’s overall adjusted net profit to 5.73 billion yuan.

  Relying on various local real economic entities, Meituan provides goods and services to more Chinese consumers. As of the end of the third quarter, the number of annual active transaction users, the number of annual active merchants and the frequency of user purchases all hit a record high, and the total order volume of instant delivery reached 6.20 billion, an increase of 23% year-on-year. Among them, the peak order of catering takeaway day exceeded 78 million orders in the quarter, and the peak order of Meituan flash sale day exceeded 13 million orders, all of which maintained a strong growth momentum.

  "Thanks to continuous innovation and investment in service retail and merchandise retail, Meituan’s business continued to achieve solid growth this quarter," said Wang Xing, CEO of Meituan. "We will continue to implement the company’s strategy of’Retail + Technology ‘, empowering the digital transformation of various life services industries through technology, helping the local real economy, and contributing more to the pursuit of a better life for consumers and practitioners."

  Instant retail improves quality and efficiency, leading to a highly deterministic lifestyle and business model

  Instant retail, which is "based on local supply, relying on instant delivery, and meeting immediate demand", is increasingly popular with consumers and operators. Meituan’s instant delivery orders grew to 6.20 billion in the third quarter, which also drove the quarterly revenue of the core local commercial segment including food and beverage delivery, Meituan flash sale and in-store hotel business to 57.70 billion yuan.

  This quarter, Meituan’s takeaway business focused more on high-quality growth and refined operations, serving platform merchants with better user experience and more efficient digital means. Meituan’s explosive marketing tool "God’s Seize" launched by Meituan Takeaway stimulated consumer demand for orders through live broadcasts, seckill, short videos, etc., and helped merchants grow both sales and new customers. Data show that in the "God’s Seize" activity on the day of the beginning of autumn, a total of 150,000 milk tea stores participated in the beginning of autumn milk tea carnival. The sales volume of milk tea on that day exceeded 21 million orders. After the beginning of autumn last year, the number of participating merchants and the order volume reached a historical peak. In addition, the average daily sales of merchants participating in the "God’s Seize" time-honored brand live broadcast special increased by 74%.

  Instant retail has become a must-have business means for more local entities. In the third quarter, Meituan flash sales established partnerships with nearly 400 retail brands, and the number of annual active merchants increased by 30% year-on-year. Front warehouses have gradually become a new trend in instant retail formats. Meituan lightning warehouses, as an effective supplement to offline supply, also exceeded 5,000 in this quarter. At the same time, more consumers’ immediate needs have been met instantly, and traditional e-commerce categories such as digital home appliances and beauty products have begun to become a typical supply of instant retail. In the third quarter, Meituan flash sales users and transaction frequency continued to grow, and the daily order peak exceeded 13 million orders on the day of Qixi Festival.

  The scale of service retail has grown strongly, and multiple measures have been taken to stimulate local consumption potential

  Since the beginning of this year, the new retail formats represented by service retail have not only brought consumers experience upgrades, but also further deepened the digital transformation of physical businesses, and further activated the growth potential of local consumption. Meituan continues to optimize platform supply, enabling more local service providers to usher in certain growth in Meituan through the two-wheel drive of popular live broadcast and online store shelf e-commerce. In the third quarter, the transaction volume of the store, hotel and tourism business increased by more than 90% year-on-year, the number of quarterly active merchants increased by more than 50% year-on-year, and the number of quarterly transaction users also increased significantly.

  In the third quarter, Meituan’s official live broadcast continued to expand its coverage to more than 200 cities. Beauty industry, health services and other business brands gathered in Meituan’s live broadcast room, and the potential of local service consumption was further released. In August, the transaction volume of in-store business grew strongly and reached a new high. During the Qixi Festival, the transaction volume of multiple live broadcast rooms exceeded 100 million.

  In addition, Meituan’s wine travel business launched the latest "must-stay list" this quarter, selecting more than 900 hotels, and continuing to meet consumers’ diverse travel needs through live broadcasts and various forms of joint marketing with different types of hotels. The quarterly transaction volume and room night volume of the wine travel business achieved significant growth compared with the same periods in 2019 and 2021.

  The special group buying area launched by Meituan has not only further deepened Meituan’s money-saving mentality in consumers’ hearts through the supply of cost-effective products, but also the strong consumer demand has attracted more local merchants to participate. Large chain merchants such as Mixue Bingcheng, Lele Tea, and Weidomei have chosen to join the Meituan special group buying area. The special group buying transaction volume continued to grow steadily in this quarter.

  The new consumption, new business models, and new models of service retail have also brought more job opportunities. In the first three quarters of this year, the number of jobs directly related to service retail on the platform increased by more than 30% year-on-year.

  Chen Shaohui, Meituan CFO, said: "In the third quarter, Meituan continued to focus on customers, adding richer content and services, enhancing service quality and efficiency in various categories, bringing more convenient and higher-quality lifestyles to consumers, and providing operators with a digital business model that combines online and offline. We will continue to firmly create long-term value for all participants through technological investment and service innovation."

News 008 "Wei Xiaoli" helm gathered at Xiaomi SU7 conference Lei Jun: They told me to step on a lot of pits less.

Every reporter Li Xing, every editor Sun Lei

On March 28th, Li Bin, He Xiaopeng and Li Xiang, the helm of Wei Xiaoli, gathered at the launch conference of Xiaomi SU7. After the press conference, Lei Jun, founder, chairman and CEO of Xiaomi Group, immediately thanked Li Bin, He Xiaopeng and Li Xiang. He said: "They gave a lot of advice and saved themselves from stepping on many pits." At the same time, Wei Jianjun, Chairman of Great Wall Motor, and Zhang Jianyong, the new Chairman of BAIC Group, and other senior executives also appeared at the launch conference of Xiaomi SU7.

The most complete and funny two-part allegorical sayings, interesting and long knowledge.

You must have heard many allegorical sayings, but you must have never seen such allegorical sayings! See how many you can match!

1. Take a bath in a boiling pot-an acquaintance;

2. Seeing that my father-in-law doesn’t respond-I don’t know Taishan with my eyes;

3, eat pineapple and ask sweet and sour-know perfectly well past ask;

4, nails in your pockets-everyone wants to stand out;

5, flies bite Bodhisattva-no one tastes;

6, carrying a doll to push the mill-adding people does not add strength;

7, flowering on the dunghill-stinky;

8, deaf people watch the play-feast their eyes;

9, flies on the edge of the manger-mixed food;

10, eat a big circle-supported;

11, the stones in the Yangtze River-after the wind and waves;

12, the knife cuts the sea-it is difficult to give up;

13, get the fat for bones-unwilling;

14, the sculptor does not give the idol a head-know the old;

15, pulling the gourd and pulling the gourd-deliberately finding fault;

16, rolling pin for chopsticks, basin for cups-eat and drink;

17, plastering all over-there are many problems;

18, the dishcloth on the dining table-tasted the ups and downs;

19, steel wire wears tofu-don’t mention it;

20, firecrackers at both ends-want to (ring) together;

21, eat fish and don’t spit bones-talk with thorns;

22, the lights in the kitchen-often suffer indignities;

23. The pole erected eight hundred years ago-the old bachelor;

24, powder into the coffin-die to face;

25. The God of Wealth asks for a meal-pretending to be poor;

26, set up a shed to sell embroidery needles-the sale is not big, the shelf is not small;

27, send the prostitute, marry the daughter-in-law-two busy;

28, holding Huanglian knocking at the door-bitter home;

29. Ice cubes fall into the vinegar jar-shabby;

30, with a passbook into the coffin-die for money;

31. Sit on the bench naked-well-organized;

32, the Jade Emperor farted-air;

33. Grenade bombing the toilet-arousing public anger (dung);

34, tortoise’s ass-this is the rule (turtle);

35. Narcissus does not bloom-pretending to be garlic;

36, the ferry crossing the river-it is worthwhile;

37, broken handle hoe-not sure;

38. Daughter-in-law has a big belly-a grandson;

39, the lost child who rushed to the temple-live a shame;

40, freshly baked iron-pure heart;

41. Widows beat children-reluctant;

42, coffin shop business-make dead money;

43. The clock of Hanshan Temple-can’t be moved;

44, the monk dug a hole in the wall-Miao (temple) is through;

45, the wall clock in the waiting room-the mass point of view;

46, pulling teeth from the tiger’s mouth-courage is not small;

47, gourd ladle fishing jiaozi-dripping water;

48, soybeans cut into filaments-Kung Fu is home;

49. I was in a hurry and ran into a slow doctor-I was in a hurry;

50. Beggars sing-fake happiness;

51. Boil crabs in a boiling pot-see how long you run wild;

52, the cook marched-take the blame for others;

53, chihuo powder flower arrangement-dead shameless;

54, 21 days without chickens-bad guys;

55, "Hundred Family Names" removes Zhao-opening is money;

56. The bat has chicken feathers-what kind of bird are you?

57, flies collect honey-pretend to be crazy (bee);

58, the water in the teapot-get out of here;

59, the poem in the toilet-smelly scholar;

60, big fire bamboo forest-a bachelor;

These two-part allegorical sayings are really interesting! Having fun alone is not as good as having fun with others. Hurry and have fun with your friends!

Let me tell you clearly how to choose badminton.

Explain badminton in detail

Badminton is made of natural materials, artificial materials or their mixture. It is divided into family balls, competition balls and all-plastic badminton. 16 feathers are fixed on the ball support. Feathers are 62-70 mm long, and the length of each ball’s feathers from the ball support surface to the feather tip should be the same. The top of the feather is in a circle with a diameter of 58-68 mm. Feathers should be tied with thread. The bottom of the ball holder is also spherical with a diameter of 25-28 mm. The weight of the ball should be 4.74-5.50g.. The flying speed of badminton in the same area mainly depends on its overall weight, caliber, hair type, the difference between the left and right hairs, and the weight ratio of the ball head to the ball body. The flying speed of badminton with the same weight will be very different in different areas, because the weight of the ball used is closely related to altitude and climate. First of all, let’s talk about badminton porn!

As we all know, badminton wool is divided into duck hair and goose hair. 80% of the balls in our domestic market are duck hair. Xiaobian will focus on duck hair balls today.

Common duck feather balls are generally used:Water duck, cherry duck, ostrich duck, Taiwan duck, dolphin duck. Among them, porpoise, water duck and bonito duck are the most common. It is said that most of the Ashilong badminton we are most familiar with is made of the wool of an ostrich duck.

Badminton wool specifications are divided into the following categories:Full circle, generous, Chinese, small square, and unilateral. The flying stability of the whole sphere is the best, and the flying stability of the single side is the best and the flying is the worst. Flying from left to right decreases in turn, and the hitting resistance increases in turn.(digression, recently, badminton fans have been sending messages asking me what kind of ball is good for flying. I can’t answer this question, so I will answer it in general, which should be counted as Chinese ball. Due to the characteristics of badminton, the perfect ball that is very resistant to flying has not yet been produced.) This article is also a solution for everyone.

The following specifications are attached for your reference.

▼ Full round duck hair slices, complete hair slices, pure white hair color, 16 hair slices weighing 1.8-2.1g

▼ Dafang duck hair slices, the small side of which is greater than or equal to 5.5mm

▼ Chinese duck slices, the small side of which is 4.0-5.4 mm.

▼ Small duck slices, the small side of which is 3.0-3.9mm

70% of the price of badminton depends on feathers, so the ball head will account for the remaining 25%.

Badminton ball heads are generally divided into four categories:All-natural cork ball head, triple ball head, double ball head and foam ball head..

All natural cork ball head:It belongs to the best ball head, which is used in the Olympic Games, but it is more luxurious for us to play ball.

Triple ball joint:Sanpin is three kinds of compound ball heads, namely cork, table fiber and hardwood, which are commonly found in badminton balls above 70 yuan.

Double ball joint:There are many domestic markets for double-splicing, such as composite cork ball heads, recycled cork ball heads and Taiwan fiber hardwood ball heads. The worst is all hardwood, and the balls around 60 yuan are basically double-ball heads.

Foam ball head:This kind of ball is usually sold in a small supermarket, which should not be regarded as a real badminton.

▼ The picture below shows the double composite cork ball head.

We’ve finished talking about the wool film and the ball head. Let’s talk about glue. Each company has its own unique formula. Japan’s ball-making technology can be said to be the world’s leading, and its glue is said to cost 800 yuan a catty. However, the glue cost of many domestic manufacturers ranges from tens of yuan to 200 yuan a catty. At present, there are basically three kinds of glue in China: first, nitrocellulose glue, chemical glue, second, resin glue, environmentally friendly natural glue, and third, the best mixed glue, nitrocellulose+resin glue, which is better, but has a heavy and pungent taste. Each has its own unique performance, and it is unclear who is good and who is bad.

In fact, there is nothing to say about cotton thread. The price is not high, and the consumption is not large, which is similar. 70% of the price of badminton depends on the price of porn, but nowadays porn is really expensive. It is soaring all the way!

The flying speed of badminton is directly related to the weight of the ball. The heavier the ball, the faster the ball speed. The flying speed of badminton is generally indirectly expressed by the weight of the ball.

For example, Li Ning uses 74, 75, 76, 77 and 78 to mark the ball speed, while the winners use 76, 77, 78 and 79 to distinguish the speed. Now the YONEX brand commonly used in international competitions is mostly marked with simple numbers from 0 to 5. The smaller the label number, the lighter the ball weight, the slower the ball speed, and vice versa.

How do golfers choose the ball speed? The following small series will explain it one by one.

1. High temperature and low speed, low temperature and high speed

In summer when the temperature is high, the average indoor temperature is above 28.5℃ due to the high air density. At this time, 76 speed with a slightly slower speed is usually selected, 77 speed is usually selected in spring and summer when the temperature is around 21.5-28.5℃, and 77 speed with a faster flight is usually selected when the indoor temperature is around 10-15℃ in autumn and winter (the temperature is usually around 15-18℃ due to heating in the northern area).

2. High pressure and high speed, low pressure and low speed

The higher the altitude, the lower the air pressure, the smaller the air resistance, and the slower the ball speed. For example, the average altitude of Yunnan-Guichuan and Shaanxi-Gansu-Ningxia is 1000-2000 meters, so the slow ball with the speed of 74 and 75 should be selected relatively, while the average altitude of the middle and lower reaches of the Yangtze River, South China and North China is below 500 meters, so the suitable ball speed is between 76 and 78.

3. High drying speed, low humidity speed

Humidity will also affect the ball speed. Generally, the high water content of the ball in high humidity air will be slightly heavier, and the ball speed will be slower. In dry places with low humidity, the water content of badminton will be slightly lower, and the speed will be slightly higher. The air humidity in Sichuan Basin, the middle and lower reaches of the Yangtze River and South China is high in spring and summer, so 76-speed balls will be used more. In northern areas, it will be cold and dry from November to February, so 78 or 79-speed fastballs should be considered.

Badminton tribe’s only official WeChat WeChat official account: Badminton Huiyou ID: (yqhy 365)

(Source: Music Badminton)

Swimming, a fitness exercise that can last a lifetime.

Swimming can not only enjoy pleasant coolness, but also has a very "real" reason-research has confirmed that swimming is the most effective exercise for longevity.

The British "International Journal of Water Sports Research and Education" pointed out that swimming can enhance cardiopulmonary function, increase bone density, and is especially beneficial for people to develop good walking posture and reduce joint pain. Yuan Peng, a fitness coach, concluded: Such a healthy and safe exercise can be a lifelong fitness program.

Running in water doesn’t hurt your knees.

In a waist-deep pool, feeling the resistance of water, walking step by step is completely different from walking on land. At first, you can practice lower limb movement and swing arm in the water. When you are familiar with it, you can increase the range of movements, such as walking, walking backwards, running, and running in small steps.

Water fitness makes good use of the buoyancy of water to reduce the burden of gravity on the body. For example, when running on land, the knee joint has to bear an impact force equivalent to four times the weight, while running in water can not only avoid the injury to the knee joint, but also achieve the same exercise intensity. Overweight people can practice in the water to achieve the purpose of fitness.

Bicycle consumption in water is 20 times

Water spinning is a popular water fitness project in North America, which semi-submerges the stationary bicycle for the exerciser to pedal. Using the heat dissipation and fluidity of water, spinning in water is more interesting, and it has better effect on burning fat in legs and buttocks. Therefore, for people who want to lose weight in lower limbs, water spinning is a good fitness program choice in summer.

Moreover, because the thermal conductivity of water is more than 20 times that of air, even if it does not move in water, the human body will consume a lot of heat. Studies have shown that exercising in water for 20 minutes at the same intensity consumes the same amount of heat as exercising on land for more than one hour, which can quickly achieve fitness effects.

Shaping and moistening skin in water

If you want to shape, underwater body exercises are more interesting and effective. Including physical exercises such as equipment, yoga and aerobics in water, but these sports are not simply transplanted into water. For example, the instrument practice in water is mainly to take advantage of the resistance of water, and it can have a significant effect on shaping the chest, waist and buttocks with the help of empty water bottles, small buckets and balance rings. On the basis of traditional yoga, water yoga also adds camel style and horse running style, and makes full use of the resistance of water to protect the body from injury, thus reducing the possible physical injury and pain caused by traditional yoga practice.

When you exercise on land, you often forget abdominal breathing. However, when exercising in water, due to the pressure of water, the human body will be forced to change from chest breathing to abdominal breathing, which will strengthen the respiratory muscles and increase the vital capacity.

Moreover, when exercising in water, the temperature, pressure and resistance of water, as well as the flapping of water current and waves, can stimulate the skin, improve the blood circulation on the body surface, keep the skin moist and elastic, and delay aging, which is the first choice for women who love beauty.

Tips: The water temperature for body-building in water should not be too cold, and 29℃~30℃ is the best. The best exercise time is before meals or one hour after meals, 2~3 times a week for 30~45 minutes each time.