High profile livestreamer Xin Ba has been fined 900,000 yuan ($138,000) for selling counterfeit bird’s-nest soup, in the latest dispute related to false advertising in China’s booming livestreaming industry.
As short video apps and game livestreaming platforms are all jumping on the Chinese commercial livestreaming bandwagon, some of them are looking to appeal to a different demographic.
Despite Luo betraying his own brand and advertising for a competitor to repay his debts, his showmanship and flamboyant persona did the job quite well.
On Thursday morning, China's debt-ridden Smartisan Technology founder Luo Yonghao officially announced his exclusive partnership with Douyin, ByteDance's domestic version of TikTok.
Luo Yonghao, founder of Smartisan Technology, has been prohibited from making non-essential purchases due to the company’s failure to comply with court rulings from a contractual dispute.
On the evening of August 20, Smartisan Technology released its third new product of the year, the Nut Pro 2S smartphone, which is an upgraded version of the Nut Pro 2.
On the first day of the Labour Day weekend in China, Luo Yonghao, the founder and CEO of Smartisan Technology Co., Ltd, disclosed more product information as the product launch is coming up soon on May 15.
Luo Yonghao released shocking news at the IF 2018 Geekpark Innovation Conference: he plans to hold a product release ceremony in the Bird’s Nest Stadium in Beijing on May 15. More than 10,000 people were invited to see the launch of a revolutionary product that will change the next eight to ten years.
