Spinee commented on a stock · Jul 5, 2022 18:22

Douyin and Kuaishou Increase Investment in E-Commerce Logistics

ByteDance’s Douyin E-Commerce recently tested the “Jisuda” (which means speedy delivery in Chinese) service. Kuaishou also set up a delivery and supply chain management company in Chengdu.

There are many logistics companies supported by these two short video platforms, but their services are far inferior to JD.com and Alibaba, and the delivery problems have been encountered by users for a long time.

$China Concept Stocks (LIST2517.US)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $ByteDance (FT0001)$ $ByteDance Ecosystem (LIST1266.HK)$ $KUAISHOU-W (01024.HK)$ $Quick Hand Concept (LIST0723.SH)$ $Short Videos (LIST1306.HK)$

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