以下文章来源于正和岛 ，作者正风 正和岛 . 正和岛，基于信任链接的企业家供需适配平台。 作者：正风 编辑：夏昆 来源：正和岛（ID：zhenghedao） -------------------------------- 电商，正沦为 AI 诈骗的重灾区 无语、恶心、甚至很想当面痛斥一番。 万万没想到，当 AI 带来"平权革命"，赋予每个普通人新一轮时代红利时，电商却成为首当其冲 的受害者，业内出现了极其"肮脏"的一幕，以至于让很多人愤慨： " 人，竟能坏到如此程度 。" 发生了什么？这要从这段时间以来频频出现的用 AI 假图来"仅退款"说起。 当下，电商老板们正集体控诉一件事，有人利用 AI 生成的假图，恶意向平台申请"仅退款"。 这还没完，食品更是一个重灾区，且相较于服装和日用品，更加难辨真假。 例如，他们用 AI 生图功能，把一件完好的商品 P 成残次品，然后再以质量问题向平台发起仅退 款，以此来实现" 0 元购"的目的。 让人哭笑不得的是，很多图片明显是一眼假，有的甚至连 AI 生成的水印都没去除，用商家的话 来说， " 简直是侮辱智商 "。 比如，卖电池的李老板最近就接到了一起投诉，说有顾客买到了 ...

Group 1 - The South Korean e-commerce platform, Weimip, has officially declared bankruptcy due to debt issues, following a restructuring process that lasted 1 year and 4 months [1] - Approximately 108,000 victims are affected by the Weimip debt incident, with total losses amounting to about 580 billion KRW (approximately 2.8 billion CNY) [1] - Weimip's total assets are reported to be 48.6 billion KRW (approximately 2.4 million CNY), while total liabilities stand at 4.462 trillion KRW (approximately 22 billion CNY), indicating a severe financial crisis with almost no liquid assets [1] Group 2 - A committee formed by the victims has stated that the recovery rate is "0%", meaning they will not receive any compensation [3] - The committee criticized the current legal system in South Korea for failing to address the realities of the online commerce industry [3] Group 3 - Weimip is a subsidiary of the Singapore-based Korean e-commerce company Qutian and was once the fourth-largest e-commerce platform in South Korea [5] - The company applied for restructuring in late July last year, citing operational difficulties due to unpaid merchant payments and failure to refund consumers [5]

Core Viewpoint - The article emphasizes the importance of intellectual property complaints as a targeted means for brand owners to manage pricing violations on e-commerce platforms, advocating for a structured approach that balances efficiency and flexible governance [1]. Group 1: Intellectual Property Complaint Management - The management of intellectual property complaints should be phased, focusing on both efficiency and flexible governance [1]. - A "communication first, complaint as a fallback" tiered handling system is essential for brands to address e-commerce violations effectively [3]. Group 2: Phased Approach to Enforcement - **Phase One: Communication Guidance** Brands should initially engage in "soft communication" with unauthorized sellers to reduce governance costs and demonstrate compliance intent. This involves sending a "Price and Authorization Compliance Rectification Notice" to inform sellers of their violations and provide a reasonable rectification period of 3-5 working days [4][5]. - **Phase Two: Compliance Evidence for Complaints** If communication fails, brands must prepare complete and compliant evidence to support their claims. This includes proving the legitimacy of their rights and the authenticity of the seller's infringement [5]. Group 3: Evidence Requirements - **Core Evidence One: Proof of Legitimate Rights** Brands must provide clear and valid documentation to demonstrate their intellectual property rights, including trademark registration certificates, patent certificates, and copyright registration [6]. - **Core Evidence Two: Seller Infringement Evidence** Brands need to gather basic evidence of violations, such as screenshots of the seller's store and product listings, as well as any relevant purchase and inspection reports if counterfeit goods are suspected [6].

Core Insights - The rapid growth of China's e-commerce and food delivery sectors has significantly boosted the national economy, with e-commerce transactions reaching 43.8 trillion yuan in 2022, a year-on-year increase of 16.5%, and the food delivery market size hitting 1.1 trillion yuan, growing by 18.6% [1] - The rise of e-commerce and food delivery has posed unprecedented challenges to traditional brick-and-mortar stores, which saw a decline in revenue to 38.1 trillion yuan in 2022, down 3.9% year-on-year, raising widespread concern [1] Group 1 - Some voices suggest canceling food delivery and closing e-commerce to revive traditional markets, but this approach may backfire and lead to economic decline and increased unemployment [2] - The food delivery and e-commerce sectors employ millions, with 4 million in food delivery and 60 million in e-commerce in 2022, making them crucial for job creation [3] - The decline in brick-and-mortar sales is not solely due to e-commerce competition; post-pandemic consumer demand has decreased, and physical stores face intense competition and rising rental costs [5] Group 2 - Food delivery has become a vital revenue source for restaurants, with about one-third of their sales coming from delivery orders, meaning that canceling food delivery could further weaken their profitability [5] - Consumer reliance on food delivery and e-commerce has increased post-pandemic, and eliminating these services would cause significant inconvenience for those unable to cook, such as young people and the elderly [7] - To restore market vitality, a comprehensive approach is needed, focusing on enhancing the competitiveness of physical stores, improving the consumer environment, and stimulating demand rather than resorting to blanket cancellations of food delivery and e-commerce [7]

Core Viewpoint - The article discusses the phenomenon of "involution" in the platform economy, where extreme price competition leads to short-term consumer benefits but long-term harm to industry development and quality [1][5][7]. Group 1: Involution in Platform Economy - The practice of extreme price competition, such as deep discounts and refunds, is a manifestation of "involution" in the platform economy, which sacrifices industry development for short-term consumer gains [1][5]. - The revised Anti-Unfair Competition Law prohibits platform operators from forcing sellers to sell below cost, signaling a shift towards rational competition in the platform economy [1][7]. - The lack of differentiation among platform businesses has led to homogeneous competition, with some companies resorting to price wars to gain market share, which ultimately harms the industry [7][8]. Group 2: Impact on Businesses - Businesses like restaurants and sock manufacturers are experiencing increased sales but declining profit margins due to high delivery costs and platform subsidies that they must partially absorb [2][3][4]. - The implementation of "only refund" rules by e-commerce platforms has added pressure on businesses, as some consumers exploit these rules, leading to increased operational costs [3][4]. - The quality of products is often compromised as businesses engage in price wars, resulting in a cycle of low prices and low quality that is difficult to escape [5][6]. Group 3: Regulatory Responses - Recent policies aim to regulate pricing behavior and promote transparency in the platform economy, including guidelines for platform fees and pricing competition [7][8]. - Major platforms like Meituan and Taobao are taking steps to support small businesses, such as providing financial assistance and improving complaint mechanisms to alleviate the burden of price competition [9][10]. - The government has initiated discussions with major platforms to encourage rational competition and reduce harmful promotional practices [8][9]. Group 4: Consumer Role - Consumers are encouraged to adopt a more rational consumption attitude, avoiding excessive focus on low prices and supporting high-quality businesses [9][10]. - The shift in consumer behavior is seen as a crucial factor in breaking the cycle of involution, as informed choices can help elevate the market for quality products and services [9][10].

Group 1 - The Korea E-Commerce Fair will take place from September 11 to 13, 2025, in Seoul, featuring three main areas: Korean Electronic Service Platform, Korean K-Life Style, and Product (Source Factory) [1] - The fair serves as a professional business service "think tank" for enterprises, providing comprehensive solutions including platform services, payment systems, logistics, warehousing, packaging design, and precise product selection [3] - The association plays a crucial role in promoting Sino-Korean trade cooperation, having established a long-term partnership with the China Daily Consumer Goods Trade Fair for resource sharing and business matching [3] Group 2 - Yiwu enterprises showcased their strengths at the fair through innovative participation models, with the "Good Merchants, Good Products" exhibition featuring 50 booths and over 100 participating Yiwu companies [5] - A dedicated exhibition hall was created by six leading jewelry manufacturers to present high-quality products and trends, serving as a key platform for Yiwu jewelry brands [6] - The fair is recognized as a significant opportunity for companies to expand into international markets and enhance global brand influence, with the next event scheduled for September 17 to 19, 2026 [6]

Group 1 - The Mexican government has increased tariffs on low-value imports to 33.5%, following the U.S. model, which is seen as a political gesture rather than an economic decision [1][3] - Despite the tariff increase, Chinese e-commerce platforms like SHEIN and Temu continue to see significant user growth in Latin America, with Brazil's users increasing by 2.5 times and Argentina's by 43 times [3][4] - The real impact of the tariff hike is on Latin American consumers, who face higher prices for goods, while local retailers benefit minimally [3][6] Group 2 - Latin American countries have seen a 40-fold increase in trade with China over the past 25 years, with six out of twelve South American countries having trade volumes with China exceeding those with the U.S. in 2023 [4][6] - The U.S. has faced its own challenges with tariff policies, as seen when Trump canceled the $800 tax exemption, leading to significant disruptions in the global postal network [6][8] - The ongoing rise of Chinese e-commerce in Latin America is attributed to supply chain efficiency, pricing power, and adaptability to local markets, indicating that tariffs may not effectively curb consumer demand [6][8]

Group 1: Hong Kong Stocks - China Gold International (02099) rose nearly 7%, reaching a new high as core product output exceeded half of the annual guidance, with significant expansion potential at the Jiama mine [1] - Pop Mart (09992) increased by nearly 2%, with new products selling out instantly and continued high growth in H1 performance [1] - Meitu (01357) surged over 7% after officially entering the MSCI China Index, with Morgan Stanley optimistic about the company's long-term growth potential [1] - China Tobacco Hong Kong (06055) climbed nearly 6.5%, setting a new high since its listing, with stable growth in H1 performance and promising expansion opportunities as an overseas platform for China Tobacco International [1] - China National Chemical Corporation (03983) fell over 1% as mid-term shareholder profit decreased by 6.74% year-on-year, with a significant drop in urea sales prices [1] - China Intelligent Transportation (01900) surged over 42% after a profit warning, expecting mid-term shareholder profit of approximately 361 million yuan [1] - Keep (03650) dropped nearly 5% post-earnings despite successfully turning a profit in H1, focusing its strategy on AI [1] - Western Cement (02233) rose nearly 6.5% post-earnings, with mid-term shareholder profit increasing by 93.4% due to high growth in overseas sales [1] - ChinaSoft International (00354) increased over 4% post-earnings, with H1 net profit rising over 10% and HarmonyOS 5 terminal devices exceeding 12 million units [1] Group 2: US Stocks - NIO (NIO.US) fell 3.94% after Citigroup set a target price of $8.1, listing five reasons to buy [3] - Shanghai's optimization of real estate policies led to significant gains for housing service platforms, with Fangduo (DUO.US) rising 28.28% and Beike (BEKE) up 1.57% [3] - Hesai (HSAI.US) rose 0.52%, with expectations of 300,000 to 400,000 units shipped in the entire robot lidar market this year, and over 200,000 units for the robot market [3] - Pinduoduo (PDD.US) increased by 0.87% ahead of its earnings report, with optimistic market expectations reflected in declining Put/Call ratios [3] - Intel (INTC.US) fell 1.01% as the federal government acquired a 10% stake in the struggling chip giant, becoming its largest shareholder [4] - American Airlines (AAL.US) dropped 4.06% after an emergency landing due to a passenger's electronic device catching fire [4] - Netflix (NFLX.US) rose 1.11%, achieving its first box office champion in North America [4] - Spirit Airlines (FLYY.US) plummeted 14.02% as financial restructuring failed to lead to sustainable development [4] - Keurig Dr Pepper (KDP.US) fell 11.48% after announcing a €15.7 billion (approximately $18.4 billion) cash acquisition of Dutch coffee giant JDE Peet's NV [4] - Roblox (RBLX.US) increased by 6.02%, with Wedbush maintaining an "outperform" rating and a target price of $165, citing strong user ecosystem and business model growth potential [4] - Opendoor (OPEN.US) dropped 9.38% despite a significant prior increase, with July existing home sales rising 2% month-on-month to an annualized 4.01 million units [5]

Core Viewpoint - Pinduoduo's Q2 revenue growth has slowed to 7% year-on-year, influenced by increased investments in industry support through a "billion-dollar" initiative aimed at benefiting merchants and the industry [1] Group 1: Financial Performance - In Q2, Pinduoduo's revenue growth rate has continued to decline for several consecutive quarters, now at 7% year-on-year [1] Group 2: Strategic Initiatives - Pinduoduo has launched a "billion-level" initiative to support merchants, marking a significant move in the e-commerce sector [1] - The initiative includes direct financial support to millions of merchants, aimed at reducing commission fees and operational costs [1] - There is a focus on supporting small and medium-sized businesses, new quality merchants, and brand merchants to promote high-quality development across various agricultural regions and industrial belts [1]

Core Viewpoint - Pinduoduo (PDD.US) reported a 7% year-over-year revenue growth in Q2, marking a continued slowdown in growth over multiple quarters due to increased investments in industry support initiatives [1] Group 1: Financial Performance - Q2 revenue growth slowed to 7% year-over-year, indicating a trend of deceleration in growth [1] - The company has initiated a "trillion-level" support action in the e-commerce sector, aimed at providing financial assistance to merchants [1] Group 2: Strategic Initiatives - Pinduoduo's support actions include reducing commission fees and costs for millions of merchants [1] - The company is focusing on enhancing support for small and medium-sized businesses, new quality merchants, and brand merchants [1] - The initiatives aim to promote high-quality development across various agricultural regions and industrial belts [1]