Core Insights - Douyin E-commerce is investing significant resources in cash subsidies and traffic support to enhance merchant efficiency and drive business growth during the 2025 618 shopping festival [1] Group 1: Support Policies - Douyin E-commerce has implemented nine major support policies aimed at reducing operational costs for merchants, including commission waivers, reduced shipping insurance, and promotional fee refunds, resulting in over 8 billion yuan in subsidies to merchants in the first four months of the year [1][3] - In April alone, the platform saved merchants over 2.5 billion yuan in costs through these initiatives [1] Group 2: Content and Merchant Exposure - The "Douyin E-commerce Good Content Plan" was launched to encourage creators to share quality content, providing additional traffic incentives for marked "good content" [2] - The "Treasure Small Shop" initiative aims to support small merchants through certification, marketing, and exposure, attracting over 8,300 merchants and generating 620 million views for 525,000 products [2] Group 3: Commission and Fee Reductions - Douyin E-commerce has extended the commission return period for various categories until July 31, 2025, saving merchants over 4.5 billion yuan through commission waivers in the first four months [3] - The platform has introduced a refund and fee subsidy policy to help merchants reduce advertising costs and improve return rates [3] Group 4: Merchant Experience and Governance - Douyin E-commerce is enhancing transparency and merchant experience by addressing pain points such as shipping delays and empowering merchants with more autonomy [4] - The platform has a zero-tolerance policy for false advertising and has opened over 100 categories for customer authentication services, working with law enforcement to combat counterfeit goods [4]