The five major e-commerce platforms face public punishment! Where should this year's 618 go?

CN
3 hours ago

Every year when June 18th arrives, major e-commerce platforms kick off the "money-splashing contest," overwhelming us with "hundred billion subsidy" advertisements that make people mistakenly believe the platforms are generously spending hundreds of billions to benefit consumers. However, this year, a regulatory news piece directly burst all bubbles, arguably the most hilarious and face-slapping heavyweight news of June 18, 2026:

​​​​​​​Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image1

First, let's talk about Taotian (Taobao and Tmall). Beginning in May, they launched a nationwide campaign for the June 18 hundred billion subsidy, creating a grand spectacle. However, when regulators demanded proof of the actual subsidy amount for this promotion and the cost-sharing details between the platform and merchants, the platform repeatedly dodged and failed to produce any effective evidence. Even more absurdly, after verification, the official confirmation stated that the so-called "hundred billion subsidy" was not a special June 18 promotion at all, but rather a regular activity that has been ongoing for years, simply repackaged with a new name for the big promotion. The "hundred billion" label is purely a marketing gimmick, with no real cash investment of billions involved.

​​​​​​​Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image2

JD and Pinduoduo faced similar issues, with JD promoting "hundred billion subsidy" and "hundred billion agricultural subsidies" but obscured the activity period and hid subsidy funding details; Pinduoduo even concealed liability waivers in their rules, largely shifting the subsidy costs to participating merchants, while the platform incurred nearly no costs for the hype, leaving consumers to purchase flawed products and still try to deny responsibility. Douyin and Xiaohongshu were not spared either, with promotional rules modified arbitrarily and not publicized, while low-price tactics in live broadcasts emerged endlessly, and lottery and discount thresholds hidden in corners of the page, making it impossible for ordinary people to see the limitations without reviewing dozens of details.​​​​​​​Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image3

Once the news broke, internet users collectively expressed their grievances online, and various humorous jokes flooded social media platforms. Some mocked that the hundred billion subsidies from major platforms subsidized designers, campaign placements, and operations, but not consumers; other users shared personal experiences, saying that they locked in the "subsidized price" by paying a deposit for pre-sale items, only to find that the direct discounts on June 18 products were even cheaper. After staying up late to meet discount thresholds and scrambling for coupons in live broadcasts for half a month, they calculated that the price difference was less than twenty yuan. Many concluded this year's exclusive new terms for June 18: written billions, paper subsidies, and arithmetic discounts, as platforms relied on grand numbers to create a sense of urgency for purchases, while consumers spent considerable time price comparing, only to end up with empty joys. Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image4

According to AiCoin data, the average daily spot trading volume for BTC reached 3.645 billion USD, a month-on-month increase of 32.6%, with small retail investors' dollar-cost averaging orders rising over 65%; the average daily spot trading volume for ETH was 1.771 billion USD, with the number of transactions on the on-chain DEX increasing by 47% month-on-month; SOL emerged as a dark horse this June 18, with a total trading volume of 19 billion USD for perpetual contracts, surpassing the 10.1 billion USD contract trading volume for ETH during the same period, and daily on-chain active users stabilizing above 1.7 million, setting a new high for the year.

Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image5

On one side are the five major e-commerce platforms collectively encountering failure with their hundred billion subsidies, with a screen full of traps making consumers avoid them; on the other side is the crypto market user demand for clear and transparent benefits with no hidden thresholds, creating a strong contrast between the two consumption trends. Many netizens couldn't help but ask, year after year trapped by false discounts, where can we find reliable activities this year that offer genuine benefits without tricks?

So, are there any reliable June 18 activities?

OKX's exclusive June 18 welfare activity for 2026 is in full swing, lasting until June 24. The entire process has no complex wording games, and all reward rules are openly and transparently displayed, with benefits clearly accessible and instantly redeemable. New users who complete simple designated tasks can receive a maximum value of 648 USDT exclusive newcomer gift package, which includes 20 USDT trial funds and 50% off trading fee vouchers, ready for immediate use;

Both new and old users can unlock activity treasure chests by trading mainstream cryptocurrencies like BTC, ETH, SOL, and WLD, with the potential to open discount vouchers valued at 1688 USDT. Trading specified cryptocurrencies can also trigger a threefold treasure chest stacking reward, with mainstream crypto transactions enjoying as low as a 10% trading fee discount. At the same time, the platform has introduced an asset transfer gain activity, where users transferring in mainstream assets like USDT, BTC, and ETH can enjoy corresponding additional annualized returns, with multiple benefits not conflicting with each other, no hidden thresholds, and no deceptive advertising. All reward amounts are clearly marked, eliminating the need for repeated reference to intricate rules or staying up late to compare prices.

Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image6

Compared to traditional e-commerce's exaggerated promotions, cost transfer to merchants, and numerous restrictions on offers, OKX's June 18 activity simplifies all participation processes, with rewards that are real and actionable, thoroughly bidding farewell to the "seemingly huge discounts that can't actually be enjoyed" marketing scams. Whether you're a novice or a seasoned user, you can easily access exclusive benefits, avoiding various scams in this year's June 18 promotions.

🎁 AiCoin Exclusive Registration Benefits Available!

 Register for OKX through the AiCoin exclusive link for a permanent 20% rebate

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https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2

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Official Telegram community:

https://t.me/aicoincn

AiCoin Chinese Twitter:

https://x.com/AiCoinzh

OKX Benefit Group:

https://aicoin.com/link/chat?cid=l61eM4owQ

Five Big E-commerce Platforms Publicly Punished! What’s Next for June 18 This Year?_aicoin_Image7​​​​​​​

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