70% of Taobao Revenue Generated At Live 5.5 Discount Festival
During the 5.5 Discount Festival, merchants streaming live to sale accounted for 70% of Taobao’s overall turnover.
No more unverified vendors in live streaming sessions
On March 2, China’s Supreme People’s Court issued the Regulation on Several Issues Concerning the Application of Law in the Trial of Internet Consumer Dispute Cases.
Kuaishou secures Champions League copyright
On February 21, Kuaishou Sports announced a copyright agreement with UEFA (Union of European Football Association), becoming the official live streaming and short video platform of the UEFA Champions League this season (2021/2022), as well as obtaining the authorization of
Despite over £500k in sales, New Oriental’s livestreaming transformation is tough
On February 20th, New Oriental (09901. HK; EDU.US) reported 4.5 million yuan in revenues after the transformation of its E-commerce livestreaming service. According to the latest data on Weibo and Douyin, since the launch of their E-commerce livestreaming business Oriental