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TikTok Shop is an e-commerce feature of the video hosting service TikTok. Officially launched in September 2023, [1] the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover and purchase. [2] Daily sales averaged approximately US$ 7 million in October 2023.
Essentially, TikTok Shop is an online marketplace that allows users to purchase viral products without ever leaving the app. Think of it like Etsy, where third party sellers, creators and brands ...
TikTok Shop allows users to find and directly purchase products used in live videos, tagged in content shown on their algorithm-driven For You page, pinned on brand profiles or marketed in a new ...
TikTok Shop has been compared to Chinese fast-fashion giants like Shein and Temu, but executives at the company have reportedly said they view TikTok Shop more like Amazon.
A new subsidiary, TikTok U.S. Data Security Inc. (USDS), was created to manage user data, software code, back-end systems, and content moderation. It would report to the Committee on Foreign Investment in the United States (CFIUS), not ByteDance or TikTok, even for hiring practices.
Recorded 23 March 2023. Website. tiktok.com. Shou Zi Chew (Chinese: 周受资; born 1 January 1983) is a Singaporean business executive who has been serving as the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021. [1][2][3]
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