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Sources didi keep ximalaya linkdoc7/9/2023 ![]() The progress suggests most of the seven video websites will complete rectification by the end of November or mid-December. Absolute propaganda words such as “become a member to avoid advertising” are no longer used. Sources didi chinabased ximalaya linkdoc regulators will potentially gain greater access to audit documents of Chinese companies listed in New York, notably those that involve massive user or national data. Before automatic renewal, users will be informed three to five days in advance by SMS and in-app messages. They all promise to cancel compulsory automatic renewal, and allow users to decide whether to renew automatically. On November 19, Zhejiang Consumers Council released the rectification commitments made by seven video websites ( Tencent, iQiyi, Youku, Mango, Sohu, PP Video and LeTV). SEE ALSO: Tencent Video Supports Unlocking of User Collections Deducting fees three days in advance violates the principle of independence and fairness to a certain extent, and shortens the consumer’s choice cycle. ![]() auditing rules.Keep, Ximalaya, and LinkDoc call off their US IPO plans. regulators will potentially gain more access to audit documents of New York-listed Chinese companies.nalysts also note the tougher stance coincides with new U.S. They may have no intention of becoming long-term members. listing plans and opt for Hong Kong instead, with one source at the time citing Beijing's concerns that U.S. Many consumers pay for the membership because they want to watch a specific drama or a movie, or they accidentally pay for it. But instead of enhancing the stickiness of members by quality services and experiences, some platforms only think about putting shackles on members. The Shanghai Consumers Council holds that a paid membership system is actually a great business model for major platforms to establish strong relationships with their consumers. The automatic renewal period is now changed to 24 hours in advance and the fee is collected after expiration. In response, Bilibili said the company was concerned about the issue, and has started self-examination, self-correction and optimization immediately. For example, Youku deducts between one and three days before expiration and Mango TV charges 48 hours before expiration or even after expiration. ![]() Meanwhile several apps don’t set a specific deduction time. Most apps, such as iQiyi, Ximalaya, Ele.me, Keep and others charged the renewal one day before expiration, and consumers can cancel it by themselves as late as one day before expiration. Bilibili deducts money the earliest at three days in advance. Most apps charge one day before the expiration date, while several apps don’t have a specific deduction time. Sources: Boss Zhipin, Didi Chuxing, Full Truck Alliance, SCMP Research & Reporting. On Tuesday, the Shanghai Consumers Council issued a report about its investigation into the renewal deduction time of 12 apps. The nation’s decentralized rollout of the two Covid-19 vaccines approved for use - made by pharmaceutical companies Pfizer and Moderna, respectively - has brought hope that society will return to some semblance of normalcy this year.
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