Likes ReceivedGiven the recent frequent scandals involving top influencers, it's no surprise that Douyin's e-commerce growth has slowed down.
Consumers are becoming increasingly savvy. It's hard to imagine that livestream e-commerce could trap them forever.
If users lose trust in livestream e-commerce, they're unlikely to stay with Douyin's shelf e-commerce either. Trust is the hardest thing to cultivate.
$PDD(PDD.US)$BABA-W(09988.HK)
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