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An optimized livestreaming shopping process and experience holds the key to attracting consumers in addition to cost performance. According to the Nielsen study, some of the reasons why consumers are hesitant to use livestreaming e-commerce platforms are due to product quality, after-sales problems, less-than-appealing discounts, as well as being unable to obtain the product.

And although efforts to "flatten the curve" — reduce the growth rate of infections — have been successful on a national level, there are still 15 states where the number of cases is still rising, one more than the number of states where new cases are decreasing.

And another surprise: Amazon introduces Echo Loop, a smart ring for 9.99. It comes with a speaker and mic as well.

And as a brand, if you have to resonate with them, you have to have a strong point of view also that matches their belief system. And art being one of them was really at the core of it. Younger consumers see this as a way they can connect with us at a broader level than just the product itself.

Anhui Yucheng and Yucheng Global, operators of online P2P lender Ezubao, and 10 company executives, including Yucheng chairman Ding Ning, were found guilty of fundraising fraud, said the Beijing No. 1 Intermediate People's Court.