![]() ![]() Alibaba owns the South China Morning Post.Īmid the Covid-19 lockdowns in Shanghai and Beijing over the past two months, governments ordered restaurants to suspend their dine-in services, and many were even banned from accepting takeaway orders. In addition, traditional e-commerce platforms, including Alibaba Group Holding's Taobao, are enhancing video content to woo consumers. ![]() With daily active users of 600 million, Douyin - which is not available outside the mainland - is approaching its saturation point in China and is up against fierce competition from Tencent Holding's short video services as well as Kuaishou, the No 2 short video platform in the country. The charges reflect efforts by Douyin's owner to generate more revenues from the popular short-video service that is increasingly being used by merchants as a marketing and sales platform. The highest rate, 8 per cent, applies to wedding services. For example, restaurants will pay 2.5 per cent of the order's transaction amount, while hotels will be charged 4.5 per cent.
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