The second largest fine in the payment industry this year has been issued, with Youzan Payment being heavily fined 27.87 million yuan, while Lakala, Du Xiaoman, and others have been "double punished".
The Beijing branch of the People's Bank of China disclosed five penalty orders for payment institutions on September 10th. Among them, Yoozhang Payment was fined 27.87 million yuan, setting the second largest penalty in the payment industry this year, and both former CEOs were fined, which is rare. Experts in the industry say that regulatory oversight is becoming more detailed, with requirements for complete record-keeping from service agreement formats to transaction information. From the perspective of regulatory trends, the dual penalty system for the payment sector is still in effect.
23 million people have earned money on Kuaishou
A battle to win over users.
Nomura: B Station should not replace Xiaohongshu
On August 22nd, Nomura Group released a report stating that, thanks to the growing gaming and advertising business, they believe Bilibili's financial prospects are brighter than Xiaohongshu's, and Bilibili should not be a mere replacement for Xiaohongshu.
JPMorgan on China Economy: Investors Are Seeking More Aggressive Policy Support
TikTok and Kwai are both riding the wave of the Olympics.
Hotspots contain business opportunities.
"China ChatGPTs" struggle to attract customers.
Over a month ago, as Tencent officially launched the independent AIGC app 'Tencent Yuanbao', the 'BAT' finally gathered in the AI big model C-end product race track. In this AI application era, who can create the 'WeChat of the AI era' is highly anticipated.