Douyin Vice President Li Liang Explains Recommendation Algorithm: Breaking Information Bubbles and Protecting the Content EcosystemRecently, Douyin Group Vice President Li Liang engaged in an in-depth discussion with the media regarding the practices and considerations behind Douyin's recommendation algorithm, covering aspects such as algorithm value and governance. He pointed out that in the age of information explosion, recommendation algorithms are crucial for improving information acquisition efficiency and have become an indispensable part of people's daily lives...

The Fall of Three Sheep: The Bubble and Future of Live Streaming E-commerceThree Sheep, once a "top streamer" in the live streaming e-commerce world, has fallen into dire straits. The news of their office equipment being sold off has sparked heated discussions on social media...

From "One Man's Shakespeare" to "Street Rat": The Bubble and Truth of the Influencer EconomyIn the information-saturated age of the internet, the influencer economy has sprouted like mushrooms after a rain. Countless ordinary people have become overnight "stars" with millions of followers...

On October 24th, Bubble Mart disclosed the latest business situation for the third quarter. The announcement showed that the overall revenue of Bubble Mart in the third quarter of 2023 increased by 35% -40% year-on-year, revenue in mainland China increased by 25% -30% year-on-year, and revenue from Hong Kong, Macao, Taiwan, and overseas increased by 120% -125% year-on-year...