TikTok's weekly information | TikTok's use of YouTube, TikTok's store update policy

Hello, everyone.
I'm TikTok's eldest cousin, a koi # 01TikTok who is committed to TikTok's gold digging at sea! The use time of global youth users exceeds that of YouTube.
According to the latest research of research institute data.ai, the average monthly use time of TikTok in the first quarter of this year reached 23.6 hours, surpassing 23.2 hours of YouTube, a video website owned by Alphabet for the first time, which means TikTok users spend 47 minutes on the platform on average every day.
The report also pointed out that the average monthly users of TikTok exceeded 1.5 billion in the first quarter of this year, making it the fifth largest application in the world.
The quarterly consumption amount of users on the platform reached 840 million US dollars, a year-on-year increase of 40%.
While the United States continues to be the largest source of growth for the platform, the consumption of American users on the TikTok platform increased by 1.25 times year-on-year# 02 TikTok Shop Update Order Delivery Refund Time To improve the user experience, TikTok Shop updated the buyer's order cancellation, return and refund rules.
From July 27, 2022, if the order is not delivered within 40 calendar days after payment, the refund application submitted by the buyer will be automatically approved.
If the delay in delivery is caused by the logistics supplier, you can make a claim on the "Help Center" page of the Seller Center.
If TikTok Shop approves the compensation request, you will receive compensation (equal to the order value) within 7 to 12 working days.
This policy update will take effect automatically;
The seller does not need to take any action except to ensure that all orders are delivered in a timely manner after the order is placed# 03TikTok Shop requires the seller to select the correct commodity category from July 21.
TikTok Shop requires the seller to select the correct commodity category when releasing the commodity.
The seller must correctly select the product category, otherwise it will violate the TikTok Shop Product Release Rules.
"Wrong commodity category" refers to the situation that the commodity sold by the seller is inconsistent with the actual category or subcategory of the commodity.
For example, food is wrongly classified as "kitchen supplies".
TikTok Shop may remove the sold goods or take other illegal management measures for sellers who mistakenly select the product category.
If there is a greater risk of violations, TikTok Shop will accumulate violation points to the illegal stores.
High risk behaviors include wrongly classifying "invited" commodities or restricted commodities (requiring commodity certification) as other types of commodities.
If the platform believes that the seller is suspected of violating the TikTok Shop Product Release Rules, it will send a notice of violation to the seller through the seller center.
The Seller shall ensure that the commodity category and subcategory are correctly selected to prevent the released commodity from being removed or removed from the shelves# 04 TikTok Shop UK Station updated the return and refund rules.
In order to help the seller improve satisfaction and customer retention rate, TikTok Shop decided to adjust the timeliness of the seller's processing of the buyer's refund request.
TikTok Shop UK changed the time for the seller to process the refund application from 5 working days