Douyin’s Chinese New Year shopping festival brings in 20.8bn RMB

Douyin announced that its first online Chinese New Year shopping festival generated 20.8 billion RMB between January 4 and 20. Among the most popular items were clothing, jewellery, and cosmetics, as well as traditional handicrafts, such as Hanfu clothing, embroidery and handmade leather sculptures. There was a substantial demand for easy-to-cook products and snail soup … Continue reading Douyin’s Chinese New Year shopping festival brings in 20.8bn RMB