Showing 12 of 47 posts with this tag
Zhejiang Consumers Council announced on Thursday that in order to stay on top of livestreaming e-commerce, the organ tested five major platforms including Taobao, Pinduoduo, JD.com, Kuaishou and Douyin.
On Friday, the Hurun Research Institute released its Under 40s China Rich List 2021. The list consists of entrepreneurs under 40 years of age who had started from scratch and built their wealth.
The e-commerce wing of Chinese short video sharing platform Kuaishou announced on December 17 that the company has newly formulated an "Imported E-Commerce Management Code," which will take effect on December 25.
Zhao Danyang, the former vice president of Chinese short video platform Kuaishou, was sentenced to seven years in prison for accepting bribes of 7.56 million yuan ($1.16 million).
On July 19, Tencent Video issued a statement denying reports of its strategic cooperation with short video streaming platform Kuaishou on the secondary creation of long-form videos.
Kuaishou’s e-commerce platform Kwaixiaodian announced on Sept. 16 that its e-commerce orders in August 2020 exceeded 500 million and its daily active users (DAU) surpassed 100 million.
ByteDance's internal email showed that the internet giant had recently cancelled its Talent Development Center. The existing team members have been given priority for internal transfers, and if there were no suitable positions, they would likely leave the company.
Recently, ByteDance's rival Kuaishou officially launched a new initiative called "Warm Spring Plan 2022". The promotion is an attempt to reduce the impact of the COVID-19 pandemic on Kuaishou's e-commerce merchants.
Chinese short-video platform Kuaishou has recently set a target range between 900 billion yuan ($141 billion) and 970 billion yuan in GMV for its e-commerce operations.
Kuaishou, a leading content community in China, appointed Jin Bing as the Chief Financial Officer of the company on Monday.
In last week’s VC news, Chinese tech-behemoth Tencent injected funds into a French payments startup while short-video powerhouse Kuaishou launched a new VC institution and more.
The Covid-19 Pandemic in 2020 has made a huge impact on the global economy and consumer market.