Douyin E-commerce Invests ¥5.5 Billion in Merchant Subsidies and Implements Burden-Reducing Measures in Q1
On April 14th, Douyin E-commerce provided an update on its nine key merchant support policies. Following over ¥3 billion in cost reductions for merchants in January and February, the platform further increased its support in March, reducing commissions and costs by over ¥2 billion in that single month. This brings the total cost savings for merchants in the first quarter of this year to ¥5.5 billion.
T86 Tax Exemption Officially Cancelled, Cross-Border E-commerce Enters a Painful Period
This article examines the recent decision to officially cancel the T86 tax exemption, a policy that has significantly facilitated the growth of Chinese cross-border e-commerce into the US market, and the concurrent imposition of new tariffs. These changes are poised to send shockwaves through the industry, forcing businesses to adapt or face significant challenges.
Comparing Alipay and WeChat Pay: A Comprehensive Guide
In the rapidly evolving world of mobile payments, two giants stand out in China: Alipay and WeChat Pay.
The Ultimate Guide to Selling on Tmall Global: Mastering E-commerce in China
Tmall Global, launched by Alibaba Group in 2014, is an extension of its already successful Tmall platform but with a distinctive focus on international brands and retailers. It stands as a premier cross-border e-commerce platform, allowing non-Chinese merchants to sell directly to consumers in China without the need for a physical presence in the country.
Top Online Payment Methods in China
The landscape of online payment methods in China has changed dramatically since we updated the article last time.