Tag: Beijing Kuaishou Technology Co Ltd

The Shining Promise and Dashed Dreams of China’s Live Shopping Craze

Chin@Strategy

A High-Tech New Opportunity Growing up, Taiping could hardly have imagined making a fortune by any means, let alone by talking into his phone. Born in the plains of Inner Mongolia, a region in northern China where temperatures can plummet to minus 20 degrees, he left school after fifth grade, working as a herdsman, security guard and truck driver. He hardly spoke Mandarin, China’s dominant language, as his schoolteachers had taught mostly in Mongolian. In 2015, noticing that his town’s scenic grasslands were attracting tourists, Taiping, then 30 years old, decided…

Why Bragging About Your Wealth In China Can Get You Censored

Chin@Strategy

He started by exploring the sauna, built into the palatial bathroom of the hotel’s presidential suite. Then the video blogger moved on to the dining room, where a chef waited with a glistening steak. The next morning, he awoke to a lobster breakfast, which he ate cross-legged in bed. “Today’s bill: 108,876 kuai,” or more than $17,000, he said after checking out from the hotel in Chengdu, China, waving his receipt at the camera. “I slept away the equivalent of multiple iPhones,” he giggled. The video was tacky, sure. Ostentatious,…

In China, Bragging About Your Wealth Can Get You Censored

Chin@Strategy

He started by exploring the sauna, built into the palatial bathroom of the hotel’s presidential suite. Then the video blogger moved on to the dining room, where a chef waited with a glistening steak. The next morning, he awoke to a lobster breakfast, which he ate cross-legged in bed. “Today’s bill: 108,876 kuai,” or more than $17,000, he said after checking out from the hotel in Chengdu, China, waving his receipt at the camera. “I slept away the equivalent of multiple iPhones,” he giggled. The video was tacky, sure. Ostentatious,…