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TikTok s next big act: taking on Amazon

Live-streamed shopping provides TikTok with the template to take on Amazon.com in a way that no social media company has attempted before.

tiktok: TikTok emerges as threat to Amazon with $20 billion shopping pilot

For the company, best known for viral dance challenges and owned by Chinas ByteDance Ltd., TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.

TikTok Rivals Amazon With $20 Billion Shopping Pilot

TikTok Rivals Amazon With $20 Billion Shopping Pilot
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

China s JD com to shut e-commerce sites in Indonesia, Thailand

By Stefanno Sulaiman and Sophie Yu JAKARTA/BEIJING (Reuters) -China's JD.com is to close its e-commerce services in Indonesia and Thailand, retreating from Southeast Asia after a bruising year for China's retail and technology sectors. JD.com

JD com shuts down e-commerce operations in Thailand, Indonesia, focuses on supply chain infrastructure

Chinese e-commerce giant JD.com is shutting down its consumer e-commerce services in Indonesia and Thailand to focus instead on growing its cross-border supply chain business serving Southeast Asia.According to announcements on Monday, JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month. Both units will stop taking orders on Feburary 15.In a separate statement, JD.com said it will continue to serve the global markets, including Southeast Asia, through its supply chain infrastructure. “We are developing in international markets by focusing on building a cross-border supply chain network with logistics and warehousing at the core,” the company wrote.Currently, the company operates or manages warehouses or industrial parks in Vietnam, Malaysia and Indonesia.In November, it was reported that JD.com was working to exit JD.ID, a joint venture formed in 2015 with Provident Capital, and JD Central, which was formed in 2017 with Bangkok-base

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