Has New Oriental's livestream selling made farmers more money?
The education and training industry suffered a setback, and related companies have successively transformed. New Oriental chose to enter agriculture and officially launched the agriculture-support livestream room 'East Buy' in December 2021, using livestream e-commerce to help sell agricultural products. In the first half year of transformation, East Buy remained lukewarm, with followers growing only from 0 to 1 million. Now, within one week, the East Buy livestream room gained 10 million followers. As of press time, New Oriental's 'East Buy' livestream room has more than 19 million followers. Behind this is a teacher named Dong Yuhui. Others sell goods; he conveys knowledge, childhood memories, love, and strength, endowing products with emotion, story, and value through high-quality content.