Source: Tech – South China Morning PostDouyin, the Chinese version of TikTok, said it has punished 917,000 content creators and permanently shut down 11,000 online merchants this year, as it moves to create a safe and reliable online shopping environment.The short video app developed by Beijing-based ByteDance, which also owns TikTok, is expanding its presence in the e-commerce sector by recommending stores and live-streaming influencers to targeted consumers by using powerful algorithms, challenging other players such as Alibaba…Read More