Douyin users go crazy for car content

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Show notes

? Pinduoduo holds livestreams with international embassies to promote foreign products

? Surge in demand for car-based content on Douyin: 576% increase in time spent watching car livestreams

? Didi will launch in 20 more Australian cities as it attempts to increase its share of the car-hailing market

? Zhejiang province launches 1 trillion RMB “new infrastructure” project

? Over 40% of Chinese people are anxious about aging, especially 30-34 year olds


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