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TIKTOK ECOMMERCE BUSINESS
Strique unveils self-learning AI platform that optimises D2C growth, revenue and ROAS at Meta dayStrique has launched an autonomous performance marketing execution platform for D2C brands, addressing the gap between knowing what to chan...- China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
- Reclusive Turkmenistan shows signs of cautiously opening upTurkmenistan, a nation known for its secrecy, is witnessing a subtle shift. E-commerce and social media are gaining traction, signaling a n...
- China hits food delivery platforms with 3.6 bln yuan fine for 'ghost' deliveriesChina has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, Meituan, Pinduod...
- Russia sees China's WeChat, Douyin as models for its homegrown Max messengerThe Kremlin is pushing Russians to use Max instead of Telegram, currently the country's most popular messaging app, but is facing stiff r...
- Indonesia lifts TikTok licence suspension as app shares dataIndonesia has lifted its suspension of TikTok's local operating licence after the social media platform shared data requested by the govern...
- TikTok layoffs: Employees of TikTok’s ecommerce business face layoffsTikTok job cut: TikTok and its parent company ByteDance are reportedly planning layoffs, with potential impact on TikTok Shop staff. The mo...
- China leaders take reins at TikTok Shop in US as sales miss goalTikTok Shop in the US is navigating turbulent waters as it struggles to meet its ambitious sales targets. In a significant shift, ByteDance...
- How TikTok saved its ecommerce business in IndonesiaIndonesia was a critical market and the first place where TikTok rolled out this feature. The app, owned by the Chinese tech giant ByteDanc...
- Chinese TikTok sellers complain of under-fire platform tightening US rule enforcementChinese-owned TikTok, which faces the threat of having to divest its US operations or be banned, has in recent weeks taken a harder stance ...
- TikTok violates Indonesian in-app transactions ban, says ministerFollowing the implementation of Indonesian regulations in October 2023 aimed at safeguarding local businesses and user data, TikTok was com...
- TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024TikTok’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...
- TikTok to invest $1.5 billion in GoTo's Indonesia ecommerce businessThe deal comes after Indonesia in October banned online shopping on social media platforms to protect smaller merchants and users' data, fo...
- TikTok shuts shopping feature in Indonesia following banTikTok, a hugely popular short-form video platform, shut down its Shop apparatus in Indonesia on Wednesday after the country banned commerc...
- TikTok ends retail business in Indonesia after ban on social media shoppingThe Indonesian government announced the new regulation, which prohibits social media companies from facilitating sales of products on their...
- TikTok says it regrets Indonesia's decision to to ban ecommerce sales on social media platformsIndonesia banned goods transactions on social media platforms such as TikTok in a bid to protect small businesses from e-commerce competiti...
- Indonesia planning to ban goods transactions on social mediaIndonesia, with a population of more than 270 million, accounted for nearly $52 billion worth of e-commerce transactions last year, accordi...
- TikTok plans to ban links to e-commerce websites such as Amazon: ReportThe move is seen as a way for the company to force people to use TikTok Shop if they want to purchase an item that they see on the app.
- TikTok to launch ecommerce platform in US to sell China-made goodsSeeking to replicate the success shopping platforms like Shein and PDD Holdings' Temu in the US, the platform will provide a suite of servi...
- TikTok seeks up to $20 billion in ecommerce business this year: reportThe increase compares to last year's $4.4 billion in gross merchandise value, representing the worth of total goods sold through its online...
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