live commerce

ByteDance’s Douyin emerges as fast-rising rival to e-commerce giants Alibaba, JD and PDD

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ByteDance’s Douyin emerges as fast-rising rival to e-commerce giants Alibaba, JD and PDD

ByteDance’s Douyin, the domestic sibling of TikTok, has emerged as a rising contender in the Chinese e-commerce market once dominated by Alibaba Group Holding and JD.com, despite slowing growth. The Beijing-based short-video platform, which has been aggressively expanding into the online shopping business, increased gross merchandise volume (GMV) by 46 per cent year on year … Read more

Kuaishou’s top e-commerce influencer accuses platform of unfair treatment in rare public spat

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Kuaishou’s top e-commerce influencer accuses platform of unfair treatment in rare public spat

The top influencer on Kuaishou Technology, China’s No 2 short video platform, has complained about being unfairly treated in a rare open spat between a live streaming star and a major internet platform. Xin Youzhi, widely known as Xinba, or The Lion King’s Simba in English, has stopped updating his social media since Saturday, when … Read more