Douyin e-commerce: the total subsidies to merchants have exceeded 16.5 billion yuan.

According to news from Douyin e-commerce, as of the end of July, various policies of Douyin e-commerce have subsidized merchants a total of over 16.5 billion yuan this year. In July, Douyin e-commerce waived service fees for merchants' shelf scenes, saving merchants over 1 billion yuan. As of July 31, the policy of reducing freight insurance prices for 2025 has saved merchants over 3.8 billion yuan, with the amount reduced in July alone exceeding 700 million yuan.