Chinese social media apps held to same standards as e-commerce platforms under new draft regulation

//Chinese social media apps held to same standards as e-commerce platforms under new draft regulation

Chinese social media apps held to same standards as e-commerce platforms under new draft regulation

Social media apps such as Douyin, WeChat and Kuaishou may be subject to the same regulatory oversight as e-commerce platforms like Taobao, Pinduoduo and JD.com in China if a new draft regulation is passed, as live-streaming e-commerce on these apps grows increasingly popular in the country.(Taobao is operated by Alibaba Group Holding, the parent company of the Post.)“Social networks, live-streaming and other platforms that provide vendors with business space and support services related to…

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By | 2020-10-22T03:11:48+00:00 October 22nd, 2020|Business|Comments Off on Chinese social media apps held to same standards as e-commerce platforms under new draft regulation