Kuaishou held its first Ecological Opening Conference on Monday afternoon, announcing that Kuaishou and Meituan had reached an agreement regarding the interconnection of their respective platforms.
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.
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.
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.
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.
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.
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.