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TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024, ET Telecom

TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, who’ve been making big strides among younger American shoppers. Unlike its two rival discounters, TikTok is counting on its social media reach and the appeal of viral videos to hook buyers. ....

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