Douyin Mall's first six days of 618 data: Consumption vouchers drive transaction volume over 100 million, merchants see 325% year-on-year growth
Douyin's e-commerce platform reported strong performance during the first six days of its 618 shopping festival, with consumer coupons driving over 100 million yuan in transactions for more than 325% of participating merchants. Additionally, a new AI company, Beijing Zhongke Dunxu Technology Co., Ltd., has secured tens of millions in an angel funding round led by Shouchuang Capital, aiming to develop Collective AGI for various applications. AI
IMPACT New AI company focused on Collective AGI secures funding, potentially accelerating practical AI applications.