Last week's hottest news and trends from Chinese social media and digital space.

Xiaohongshu demands a cut from influencers’ revenue
小红书要求削减影响者的收入

The social e-commerce platform Xiaohongshu, or Little Red Book, just announced it will start collecting a percentage of any fees paid to influencers, as the company strives to better monetize its 300 million consumer base. How will the influencers react to this new initiative?
社交电子商务平台“小红书”刚刚宣布,它将开始收取向影响者支付的所有费用的一定百分比,因为该公司正努力将其3亿基础消费者群体更好地货币化。影响者们将如何应对这一新举措?

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https://asia.nikkei.com/Business/China-tech/Little-Red-Book-tells-influencers-it-s-time-to-pay-up

Chinese e-commerce 2019 in review
2019年中国电子商务回顾

2019 was truly the year of Chinese e-commerce including the popularity of live-streaming, new sales records, and new players shaking the market from the ground. Plenty has happened within e-commerce in 2019. Jingdaily listed the biggest updates.
2019年确实是中国电子商务的一年,包括直播的流行,新的销售记录和新的参与者都彻底撼动了市场。2019年电子商务领域发生了很多事情。《精日传媒》列举了最大的新闻。

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https://jingdaily.com/eight-things-that-rocked-china-e-commerce-in-2019/

Tencent is expanding beyond China’s borders
腾讯正在中国境外扩张

Tencent generates most of its revenue from its home market, China. But with the pressure of finding new revenue streams, it is strengthening its presence beyond China’s borders and through new industries to remain a market leader. Check out what Tencent is doing outside China in four major ways.
腾讯的大部分收入来自其本土市场-中国。但是在寻找新收入来源的压力下,它正在加强其在中国境外的影响力,并通过新兴产业来保持市场领先地位。看看腾讯在境外是通过哪四种主要方式运营的。

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https://www.fool.com/investing/2019/12/17/4-ways-tencent-is-expanding-beyond-china-borders.aspx

PayPal aims for China after acquiring Gopay
贝宝在收购国付宝后瞄准中国市场

PayPal, one of the world’s biggest payment platforms, is hungry to tap into the Chinese payment market after it completed the deal to acquire 70% of Gopay, a Chinese digital payment service provider. With the deal, PayPal will be allowed to operate payment services in China. The battle for China’s payment market escalates.
全球最大支付平台之一的贝宝在完成收购中国数字支付服务提供商国付宝70%的股权后,渴望进军中国支付市场。通过这笔交易,贝宝将获准在中国运营支付服务。中国支付市场争夺战在升级。

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https://technode.com/2019/12/20/paypal-closes-deal-for-70-of-chinas-gopay/

TikTok beats Instagram as the 4th most downloaded app
TikTok击败Instagram成为下载量第四的应用

TikTok continues its impressive international growth despite political headwinds in the U.S. The short-video app became the fourth most downloaded app in 2019, even surpassing Instagram. What’s the odds to see TikTok on the very top in 2020?
尽管在美国收到政治阻力,TikTok依然保持其令人印象深刻的国际式增长。这一短视频应用在2019年成为下载量第四大的应用,甚至超过了Instagram。2020年TikTok登上顶峰的几率有多大?

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https://www.caixinglobal.com/2019-12-18/tiktok-outperforms-instagram-to-become-worlds-fourth-most-downloaded-app-in-2019-101495486.html