# Douyin
Latest news and articles about Douyin
Total: 16 articles found
China Purges Financial Influencers After ¥83m Penalty Exposes Social‑Media Stock Racket
Chinese regulators and major tech platforms have moved to punish and deplatform influential stock‑picking social media accounts after a high‑profile ¥83 million penalty exposed systematic manipulation. The coordinated action targets a wider problem: monetised investment communities and celebrity traders whose recommendations materially sway prices and leave retail investors exposed.
Former Star Li Yapeng Tops Douyin Charts with Rapid-Fire Livestream Sales as Charity Dispute Simmers
Li Yapeng’s January 23 livestream on Douyin drew millions of viewers and generated over ¥50 million in sales within 90 minutes, topping the platform’s commerce charts. The event came amid scrutiny over property and financial questions tied to a children’s hospital and the celebrity-backed Yanran Angel charity, provoking calls for more professional management and greater transparency.
A Candid Confession Restores a Fallen Star: How Li Yapeng's 31‑Minute Video Turned Crisis into Crowdfunding and Sales
A candid 31‑minute video by former actor Li Yapeng about Yanran Angel Children’s Hospital’s unpaid rent reversed public opinion and triggered millions of yuan in donations and surge in livestream sales. The episode illuminated the power of transparency but underscored structural weaknesses in charity hospital financing and the risks of celebrity‑dependent philanthropy.
Antitrust Probe of Ctrip Signals New Front in China’s Platform Wars
China’s State Administration for Market Regulation has opened an antitrust investigation into Ctrip, citing allegations of abusive market practices including forced price parity and algorithmic repricing. The probe highlights mounting regulatory scrutiny of digital platforms as competition intensifies from JD, Douyin, Meituan and Alibaba, and could force major changes to how OTAs manage pricing and merchant relationships.