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ByteDance launches two new real estate services: report

ByteDance has launched two new housing-related services according to Chinese media outlet Tech Planet, with the TikTok owner unveiling offline real estate agency “Xiaomai Real Estate” (our translation) and home renovation business “Zhuhaojia”. Xiaomai Real Estate has opened several offline stores in the southeastern city of Fuzhou, offering the sale and purchase of pre-owned and […]

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China to update Cybersecurity Law, increase fines to 5% of firm’s annual revenues

China’s internet regulator, the Cyberspace Administration of China (CAC), published a draft amendment to the country’s Cybersecurity Law on Wednesday, seeking public comments until the end of September. The amendment increased the maximum fines from RMB 100,000 ($14,350) to RMB 1 million for critical information infrastructure operators (CIIOs) violating several rules. CIIOs and companies that […]

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Pinduoduo tests special section for women’s clothing: report

Pinduoduo is reportedly testing a special section on its homepage for women’s fashion, entitled “treasure clothing” (our translation), and open to users who browse or buy women’s clothing frequently. The new category has taken over a prominent homepage location previously occupied by a link to grocery delivery portal “Duoduo Maicai” and demonstrates a reprioritizing of […]

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