On September 15, the Kuaishou e-commerce channel business center issued a statement saying that recently, after feedback from some merchants and platform verification, there are players in the market who fraudulently use the name “Kuaishou e-commerce supply market” to host so-called “Kuaishou e-commerce supply selection meetings” and use this to recruit merchants for a fee. According to feedback from some merchants, they charge fees ranging from 20,000 to 40,000 yuan. Kuaishou E-Commerce said that the platform has never authorized any service provider or third party agency to host any kind of product selection meeting or investment fair under the name “Kuaishou E-commerce Supply Market” and charge fees.

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