TikTok Challenging Amazon, Plans To Expand US e-Commerce Business To $17.5bn
By Our Reporter Bloomberg reports that TikTok plans to expand its U.S. e-commerce business tenfold this year to US$17.5 billion, which will pose a serious threat to Amazon – a greater threat. The source, who asked not to be named, said ByteDance’s internal meetings in recent weeks discussed the 2024 product sales target for the…
