Is Happy One's business model compliant?
Kaixin No.1 is a company providing online education services, and its business model should meet the requirements of relevant laws, regulations and policies. Specifically, Happiness 1 needs to meet the following compliance requirements: 1. Company registration and license: Happy No.1 needs to complete company registration in accordance with relevant regulations and obtain various licenses required for operation. 2. Platform standardization and review: Happy No.1 needs to establish a compliant platform to supervise teachers and course content to ensure that the content is legal and compliant. 3. Data protection and privacy: Happy One needs to protect users' personal information and comply with relevant data protection and privacy protection laws and regulations. 4. Advertising compliance: Kaixin No.1 shall abide by the relevant provisions of the Advertising Law in the process of promotion, and shall not engage in illegal acts such as false propaganda and misleading consumers. 5. Transaction payment security: When Kaixin 1 provides online payment services, it is necessary to ensure the transaction security of users and comply with relevant payment and financial supervision regulations. The above are only general compliance requirements, and the specific situation should be evaluated in combination with the specific business of Happy One and the laws and regulations of the country/region where it is located. Therefore, it is recommended that Kaixin 1 consult relevant professional lawyers or consulting institutions during its operation to ensure the compliance of its business model.