YouTube - Asia Tech Wire

YouTube

2025.02.21

01:55

YouTube plans to launch low-cost, ad-free paid videos.

2025.02.15

09:04

In 2024, Douyin e-commerce GMV will be about 3.5 trillion yuan, a year-on-year increase of more than 30%.

On the morning of February 13, ByteDance held a new staff meeting. ByteDance CEO Liang Rubo, CFO Gao Zhun, HR director Hua Wei, e-commerce director Kang Zeyu, AI director Zhu Wenjia, and TikTok CEO Zhou Shouzi attended the meeting to communicate with employees. Regarding the e-commerce business, Liang Rubo said that Douyin e-commerce has three goals this year, namely increasing user coverage, increasing the scale of live e-commerce, and increasing GMV (total transaction volume) generated by searches. According to the all-staff meeting, the GMV of Douyin e-commerce in 2024 will be about 3.5 trillion yuan, a year-on-year increase of more than 30%. The GMV of Douyin e-commerce in the first half of last year did not meet expectations. In the second half of the year, when many head anchors "collapsed" and other heads were less enthusiastic about participating in the promotion, the gap in the GMV target was still made up through the unexpected performance of shelf scenes and store broadcasts (merchants' own broadcasts). For overseas business, Kang Zeyu introduced that TikTok's e-commerce market share in Southeast Asia continued to increase, and the UK completed its GMV target with a budget better than the plan at the beginning of the year. The performance of the US market in 2024 was not as expected, and many goals were not achieved in the first three quarters. In the third quarter, the management team reviewed the US market strategy, cut the budget, and focused on content e-commerce. GMV resumed growth, and the short video submissions of influencers increased significantly. The live broadcast GMV of TikTok's US e-commerce is still less than 20%, most of which is contributed by short videos, while domestic GMV is mostly contributed by live broadcasts. Regarding the company's image, Liang Rubo said that catching up with YouTube in terms of user trust and reputation is the business goal this year. He also mentioned that Douyin and Toutiao should do a good job in the governance of false information and rumors, crack down on the behavior of seeking traffic without bottom line, and increase the fairness and predictability of governance.

2025.02.14

20:31

Liang Ruobo, CEO of ByteDance: Douyin must do a good job in managing rumors and cracking down on unscrupulous behaviors that seek traffic

According to media reports, on the morning of February 13, ByteDance held a new AllHands meeting. Regarding the company's image, ByteDance CEO Liang Rubo said that TikTok's business goal this year is to catch up with YouTube in terms of user trust and reputation. He also mentioned that Douyin and Toutiao should do a good job in managing false information and rumors, crack down on behaviors that seek traffic without any bottom line, and increase the fairness and predictability of management.

2025.02.13

07:30

Google tests using AI to determine user age

Google said on Wednesday that it will begin using artificial intelligence to determine whether a user is old enough to use its products. Google announced the new technology for determining the age of users in a blog post titled "New digital protections for children, teens, and parents," and will begin testing it in the United States this year. A spokesperson confirmed that all Google products will use this technology, including YouTube. Google will adopt this technology in more countries over time.

2025.02.06

00:12

Google: Releases 2.0 Flash thought experiment model to Gemini app users, which can interact with YouTube, search engine and Google Maps.

2025.01.20

14:49

Malaysian government requires LinkedIn to apply for social media operating license

On January 20, Malaysian Communications Minister Fahmi Fazil said that LinkedIn needs to obtain a social media license to continue operating in the country. The Malaysian Communications and Multimedia Commission (MCMC) has contacted LinkedIn's parent company Microsoft. MCMC announced in July last year that in order to combat cyberbullying and false information, all social media and Internet information service platforms with more than 8 million registered users in the country must apply to the government for an application operating license between August 1 and December 31 last year, otherwise they will not be allowed to continue operating in the country from January 1 this year, and the authorities will also take appropriate legal action against the illegal platforms. MCMC said on the 1st of this month that WeChat and TikTok had obtained operating licenses before the deadline of December 31 last year. Fahmi Fazil said that they are still negotiating with X and YouTube to register for operating licenses, and Meta is in the final stage of obtaining a license.

2024.12.19

20:00

Russian President Vladimir Putin: Russia's communications regulator is doing the right thing by dealing with YouTube.

19:58

Russian President Vladimir Putin: Google (GOOG.O) and YouTube must comply with Russian laws.

2022.04.20

08:54

YouTube blocks campaign channel of Hong Kong's sole leadership candidate

Asian Tech Press (Apr. 20) -- Youtube blocked on Wednesday the campaign channel of John Lee, Hong Kong's sole leadership candidate, because of sanctions imposed on him by the U.S.

2022.04.06

04:20

India bans 22 YouTube channels citing national security

Asian Tech Press (Apr. 6) -- India announced on Tuesday that it had blocked 22 YouTube channels for spreading disinformation related to the country's national security, foreign relations and public order.

2021.09.07

07:11

App Annie: Americans and British spend more time on TikTok than YouTube

Asian Tech Press (SEP 07) -- According to app analytics firm App Annie, the average time individual spent on TikTok now surpasses YouTube in the U.S. and U.K.

2021.07.20

06:54

YouTube acquires Indian e-commerce platform simsim

Asian Tech Press -- YouTube has signed a definitive agreement to acquire simsim, an Indian video-based e-commerce platform, Google India announced Tuesday in a blogpost.

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