During a speech at the China Entrepreneurs Forum in Tianjin on August 3, Michael Yu, Chairman of New Oriental Education, expressed views on the firm's livestreaming e-commerce platform, Oriental Selection.
Luo Min, the founder and CEO of Chinese tech firm Qudian, changed his Douyin account name on August 2 to "Qudian Precooked Dishes." Moreover, all videos related to Luo Min on the account were deleted.
Shenzhen-based camera brand Insta360 released an AI webcam called Link on August 2, which focuses on 4K HD image quality and rich AI functions to meet the growing demand for video conferencing and livestreaming, priced at 1,798 yuan ($266).
The latest report for China's e-sports industry from January to June 2022 was officially released on July 22. The report shows that in the first half of this year, the revenue of China's e-sports industry was 76.497 billion yuan ($11.31 billion).
Luo Min, the founder and CEO of Qudian, a technology platform empowering the online consumer finance experience in China, said on July 18 that the company has begun to focus on ready-to-cook meals, and is winding down its financial credit business.
Michael Yu, founder of New Oriental Education, revealed that an e-business school may be opened in the future.
Magnetic Engine, a commercial marketing service platform owned by Kuaishou, and Mints, a Chinese digital collection platform, launched Kuaishou's first NFT digital collection called "Magnetic Engine Influencers" on Wednesday.
Luo Min, the founder of Qudian, a financial technology enterprise that was listed on the NYSE in 2017, started a livestreaming feed on Douyin on Wednesday, mainly to promote the company's precooked food dishes.
During this season's ongoing National Basketball Association Finals, Kuaishou, a Chinese short video platform and strategic partner of the NBA, has laid out a diverse content matrix for its users.
Michael Yu, founder of New Oriental Education, on Wednesday outlined the direction of the company's exploration in the live-streaming sphere in a post on his official WeChat account.
Douyin has reached a cooperation agreement with the Chinese Super League (CSL), becoming the football organization's official short video cooperation platform for the new season.
Kuaishou Technology, a leading Chinese social media firm, announced on Tuesday that Beijing Dajia (on behalf of Kuaishou) and Tencent Computer have entered into the 2022 game cooperation framework agreement.
Alibaba Group's free intelligent office communications platform DingTalk was developing a new video product for enterprises, mainly in the form of short videos and livestreaming.
TikTok, a short video platform owned by Beijing-based ByteDance, will start testing subscriptions on Thursday for TikTok LIVE, a new program that will allow creators to generate recurring revenue via payments from their top fans.
Logistics firm BEST Inc. has launched a SaaS tool for Douyin's live-streaming management. This tool provides services such as managing orders, distributing commissions and calculating live-streamers' potential for merchants.