On April 16, Douyin e-commerce announced the phased progress of nine major support policies: on top of reducing costs by more than 3 billion yuan for merchants in January-February of this year, commissions and costs were reduced by more than 2 billion yuan for merchants in March alone. The total cost savings for merchants in the first quarter of this year reached 5.5 billion yuan.

On April 16, Douyin e-commerce announced the phased progress of nine major support policies: on top of reducing costs by more than 3 billion yuan for merchants in January-February of this year, commissions and costs were reduced by more than 2 billion yuan for merchants in March alone. The total cost savings for merchants in the first quarter of this year reached 5.5 billion yuan.