TikTok is planning to roll out a livestream shopping feature, coffee chain Luckin filed for bankruptcy in the US, Vipshop.com is fined RMB 3 million.
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Luckin fined, VCs seek out new Chinese brands: Retailheads
Last week, the state market regulator fined Luckin and the companies that assisted its sales fraud. New Chinese brands are attracting investor attention.
Community group-buy firms fined, women boost consumption: Retailheads
China fined five community group-buy platforms for price dumping, the “she economy” is on the rise as modern Chinese women power growth.