TikTok will buy 75 per cent of Indonesia’s biggest e-commerce platform after a new rule in October effectively forced the social media giant to close its own online shopping service in the country.
Shopee Wraps Up 2023 With The Biggest Festive Celebration, Fulfilling Wishes And Bringing Joy This 12.12 Birthday Sale menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
ByteDance s TikTok Shop plans to ban links of e-commerce platforms like Amazon, forcing US users to use TikTok Shop. TikTok Shop is expected to lose over $500 million in the US this year, but aims to exceed $10 million in daily spending by the end of 2023. New York City has banned TikTok on city-owned devices, while a federal judge stopped the ban in Montana.