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Why was peanut diary fined? How does peanut diary make money

I don't know if you've ever been invited to sign up for the peanut diary app. Xiaobian was pulled into a peanut diary group before, and was bothered by the news of swiping the screen, so she quit. Recently, the peanut diary app became popular again, but it was fined. Why was peanut diary fined? How did peanut diary make money?

With the development of e-commerce, there are many shopping guide apps on the market now, and peanut diary is one of the platforms. It is understood that peanut diary is an intelligent shopping guide app for e-commerce platform commodities, developed by Guangzhou peanut diary Network Technology Co., Ltd.

It is reported that you can get Taobao's internal coupons in peanut diary, and you can save money by buying things yourself. In peanut diary, you can earn commission after receiving coupons, save money for your own use and share money. However, there is a suspicion that MLM is the same as MLM.

Recently, Guangzhou Municipal Administration of industry and Commerce fined 7.306 million yuan for illegal pyramid selling.

This is also the second large amount of fines and confiscations in the field of social e-commerce in China, and the largest so far. In 2017, Yunji micro store was suspected of carrying out pyramid selling activities in the form of 'paying in dues' and' pulling people's heads'. Yunji was fined more than 9.58 million by Binjiang District Market Supervision Bureau.

Peanut diary was founded in July 2017, and its legal representative is Yang Xianqiang. It has received tens of millions of US dollars in financing, but the investment institution has not been disclosed.

How does peanut diary make money?

1. Self purchase saves money, sharing makes money: Peanut diary mainly makes money by earning shopping Commission. Whether you buy products by yourself or share coupons with friends, you can get coupons through peanut diary, and the products you buy will be rewarded with commission. As long as the product coupons are shared to our social platform, someone gets the coupons and completes the shopping, we can earn a commission reward.

2. Invite friends to earn commission income: you can also expand your team by inviting friends. You will also get commission income from the money made by friends in peanut diary. If you want to make more money in peanut diary, you should set up your own team and invite more people to use peanut diary.