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TikTok s Venture Into E-commerce Paying Off: Report

TikTok s nascent venture into online shopping is paying off, with its e-commerce affiliate gaining a substantial market share in Southeast Asia just a year after its launch, a report said Thursday.

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TikTok s venture into e-commerce paying off: Report

TikTok Shop capitalised on the legions of users of the popular video-sharing app to expand its business in 2022 after testing the waters in Indonesia in 2021, Momentum Works, a Singapore-based consultancy focused on startups, wrote.

Weihan chenSingapore sea ltdChina alibaba groupSoutheast asiaTok shopMomentum worksTiktok shopSoutheast asianSingapore based shopeeSea ltdWorld newsE commerce

TikTok to spend billions in SE Asia as e-commerce move pays off

TikTok's chief executive said Thursday the company would pour billions of dollars into Southeast Asia in the coming years, as a report showed its nascent venture into online shopping is paying off.

Jakarta rayaWeihan chenSingapore sea ltdChina alibaba groupSoutheast asiaSoutheast asianTiktok shopMomentum worksSingapore based shopeeSea ltd

TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security

TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

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TikTok To Spend Billions In SE Asia As E-commerce Move Pays Off

TikTok To Spend Billions In SE Asia As E-commerce Move Pays Off
ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.

Jakarta rayaWeihan chenChina alibaba groupSingapore sea ltdSoutheast asiaSoutheast asianTiktok shopMomentum worksSingapore based shopeeSea ltd