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According to some users on Chinese professional networking site Maimai, popular domestic video-sharing platform Kuaishou will lay off 30% of its employees in the near future.
The most popular sales platforms such as Taobao, Douyin, Kuaishou, all have their own star live streamers. Here are the hottest e-commerce live streamers from each platform in 2020.
On the evening of Nov 5, Beijing time, Chinese short video giant Kuaishou officially submitted its prospectus to the Hong Kong Stock Exchange, ending the months long speculation as of when the company is to go public.
The e-commerce unit of Chinese short video platform Kuaishou announced on Wednesday that product links with Taobao and JD.com will be excluded from some Kuaishou interfaces from 00:00 on March 1, 2022.
Kuaishou has recently revamped its overseas business strategy, setting up targeted ventures in various regions including Southeast Asia and Latin America.
Douyin recently tested the "Reward" function, which is another way for short videos creators to make money through content.
On November 25, the Beijing Internet Court made a first-instance judgment on the Youku v. Kuaishou case regarding infringement of a TV series "Skate Into Love." Youku won the case and was compensated 460,000 yuan ($72,193).
Kuaishou, a leading content community in China, recently launched a live-streaming recruitment function on its platform called Kuaizhaogong.
Chinese short video platform Kuaishou announced today that, in order to better promote business and further improve the company's efficiency, it has launched a new round of organizational restructuring.
Su Hua, Chairman of Chinese short video streaming platform Kuaishou, reduced his holdings of 54,713,783 Class B company shares on January 18. Kuaishou responded that the proceeds will be used for charitable donations, cutting-edge technology and infrastructure investment.
Kuaishou has released a brand new slogan for its search service – "Respond to Every Lifestyle with Your Own Lifestyle" – as seen in its first TV commercial and the latest information released on Monday.
Mogu Inc., a Tencent-backed fashion e-commerce platform, is laying off more than 30% of its staff. Layoffs have rocked China’s tech sector over the past month, affecting some of the country’s biggest tech companies.