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TIKTOK ECOMMERCE REVENUE
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...- TikTok owner ByteDance on track for $50 billion profit in 2025The Beijing-based parent company of TikTok is on track to hit that milestone after amassing net income of about $40 billion over the year’s...
- ByteDance expected to play big role in new US TikTok, sources sayByteDance will be maintaining ownership of TikTok's US business operations and will cede control of the app's data, content and algorithm t...
- 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...
- What happens after the TikTok ban?The US Supreme Court will hear arguments from TikTok and ByteDance seeking to block a law signed by Joe Biden, which would ban TikTok on Ja...
- US spending on TikTok Shop gains as TikTok faces threat of ban, data showsA US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest TikTok in the US by early next year or face a...
- 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...
- TikTok owner ByteDance's profit jumps 60% in 2023 amid worries of US banByteDance Ltd. witnessed a remarkable 60% surge in profits in 2023, surpassing industry giants Tencent Holdings Ltd. and Alibaba Group Hold...
- 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 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 businessChinese short-video making platform TikTok on Monday committed to invest $1.5 billion in Indonesian firm GoTo's e-commerce unit Tokopedia t...
- TikTok to obtain Indonesia ecommerce permit after ban: state mediaIn September, Indonesia banned ecommerce transactions on social media, a major blow for TikTok, which had pledged to invest billions of dol...
- Sea posts surprise loss on hefty ecommerce investments, shares fallRising competition from Alibaba Group's Lazada and ByteDance's TikTok, along with new entrants like PDD's Temu, have forced Sea to revamp i...
- 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 to halt transactions on its app in Indonesia from WednesdayThe Indonesian government has said the ban, imposed last week, is aimed at protecting offline merchants and marketplaces, adding that preda...
- 'Regulate them': hard-up Indonesia traders urge TikTok sales banThe market in the capital Jakarta is less crowded than usual, with some outlets shuttered, as many of its thousands of merchants selling pr...
- TikTok to invest billions of dollars in Southeast Asia: CEO Shou Zi ChewSoutheast Asia is one of TikTok's biggest markets in terms of user numbers. But the platform has yet to translate the large user base into ...
- TikTok slashes ad sales target by $2 billion after tech downturnTikTok Chief Executive Officer Shou Zi Chew told a handful of employees during a recent meeting that the Chinese-owned app has slashed its ...
- TikTok owner ByteDance's revenue growth slowed to 70% in 2021Chinese tech giants from Tencent to Alibaba have reported slowing growth amid a wide-ranging crackdown by the country's regulators who have...
- TikTok-owner ByteDance to rake in $27 billion in ad revenue by year-end-sourcesThe company's overall revenue goal for 2020 is around $30 billion, Reuters previously reported, which means ByteDance's ad revenue in China...
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