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On June 19 Douyin e-commerce said that during this year’s 6·18 shopping festival more than 120,000 merchants saw livestream GMV double YoY. The number of merchants with livestream GMV above 1 mln yuan rose 152% YoY, supported by platform coupons. Liv

2026-06-20

On June 19 Douyin e-commerce said that during this year’s 6·18 shopping festival more than 120,000 merchants saw livestream GMV double YoY. The number of merchants with livestream GMV above 1 mln yuan rose 152% YoY, supported by platform coupons. Live-streaming remained a primary driver of goods sales and merchant revenue. More than 570,000 influencers recorded sales that doubled YoY.

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2026-06-19

European Council President Costa: We must be able to convey our message directly to Russia.

European Council President Costa: We must be able to convey our message directly to Russia.
2026-06-20

AI-driven demand for data-center power has pushed electricity prices higher and prompted outage warnings in parts of the US. On the 18th, the Federal Energy Regulatory Commission (FERC) asked regional grid operators to adopt new agreements to speed i

AI-driven demand for data-center power has pushed electricity prices higher and prompted outage warnings in parts of the US. On the 18th, the Federal Energy Regulatory Commission (FERC) asked regional grid operators to adopt new agreements to speed interconnection for large users such as data centers, and said it will no longer proactively factor environmental impacts under the National Environmental Policy Act (NEPA) when drafting rules. Data Center Map shows more than 4,000 operational US data centers, with many more planned or under construction; buildouts are outpacing new power-plant commissioning and slow interconnection is forcing tech firms to compete for power allocations. The Electric Power Research Institute estimates data centers now account for about 5% of US electricity demand and could reach roughly 20% by 2035.
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