Douyin

Low-price tactics could be leading to Douyin E-commerce’s faltering GMV growth.

Influencers will bear the brunt of the change, aimed at refining Douyin’s e-commerce focus.

With a stronghold in e-commerce, TikTok has launched a pilot for local services in Southeast Asia, beginning with Indonesia and Thailand.

Clear victories are rare when internet giants lock horns. Douyin and Meituan’s drawn-out fight in the city of Wenzhou illustrates how these battles can play out.

Douyin’s slowed aggression has allowed Meituan to rebound with reduced losses and a surge in daily orders.

Pinduoduo’s GMV was RMB 4.05 trillion in 2023.

The automatic labeling of AI-generated content on TikTok is a small step in an uphill battle against the misuse of AI.

Meituan Shangou, its quick commerce business, could play a significant role in its strategy to counter competition from main rival Douyin.