Regulator visits ByteDance's Douyin to discuss price compliance

Regulator visits ByteDance's Douyin to discuss price compliance

FILE PHOTO: The logo of TikTok's parent company ByteDance is seen at its booth during an organised media tour to the Zhongguancun National Innovation Demonstration Zone Exhibition Center in Beijing, China February 10, 2022. REUTERS/Florence Lo

Beijing’s market regulator recently visited ByteDance’s Douyin video-hosting service to look into the company’s live-streaming e-commerce business and discuss how to prevent over-charging, a statement, published on Thursday on the regulator’s official WeChat account, said.

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