The person in charge of major appliances at Douyin: Restricting merchants from participating in Douyin's major promotions is a choice between two options

On October 30th, Li Wentao, the head of Douyin's home appliances division, posted again on his social media, stating that he couldn't help but complain about JD.com's "choose one of two" reports he saw a few days ago. He pointed out that restricting merchants from participating in Douyin's major promotions is essentially a "choose one of two" situation. Li Wentao mentioned that JD.com does not allow merchants to use Douyin's Double Eleven promotion coupons because using them would result in lower prices than JD.com, directly cutting off the merchants' discount pricing path; they have specifically set up a "inspection team" to monitor Douyin's live streaming rooms, imposing heavy penalties for using coupons: a fine of 5 million for a single product, and 45 million for three. (The Paper)