JD.com, Taobao, Pinduoduo, Douyin, and Kuaishou jointly signed the "Self-discipline Convention on Compliance and Operation of Online Transactions"

"Self-discipline Convention on Compliance and Operation of Online Transactions"

Signatory:

1. Beijing Jingdong Century Trading Co., Ltd.
2. Taotian Co., Ltd.
3. Shanghai Xunmeng Information Technology Co., Ltd.
4. Shanghai Gewu Zhipin Network Technology Co., Ltd.
5. Beijing Kuaishou Technology Co., Ltd.

Main content:

1. Implement platform responsibilities

• Establish a credit evaluation mechanism
• Product quality spot check mechanism
• Advertising release management mechanism
• Strengthen the management of online live broadcasts and short video marketing activities
• Short video content management
• Standard management of competitive behavior within the platform

2. Protection of consumer rights

• Abide by social ethics and operate with integrity
• Protect consumers Personal information
• Smooth channels for consumer complaints

3. Unfair competition is strictly prohibited

• Healthy competition within the legal framework
• Prevent malicious behavior that uses rules to make profits
• Prevent abuse of rules from causing harm to operators within the platform Reasonable losses

4. Standardize price behavior

• Clearly mark prices
• Prohibit the use of false or misleading price methods

5. Deepen government-enterprise collaboration

• Strengthen cooperation and coordination
• Respond promptly Major public opinion and emergencies

Implementation time:

Starting from now

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