Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》

TikTok seeks up to $20 billion in e-commerce business this year - Bloomberg News

2023-06-08 09:48
ByteDance Ltd's TikTok hopes to more than quadruple the size of its worldwide e-commerce operation to as much
TikTok seeks up to $20 billion in e-commerce business this year - Bloomberg News

ByteDance Ltd's TikTok hopes to more than quadruple the size of its worldwide e-commerce operation to as much as $20 billion in merchandise sales this year, relying on growth in Southeast Asia, Bloomberg News reported on Wednesday, citing people familiar with the matter.

(Reporting by Anirudh Saligrama in Bengaluru; Editing by Subhranshu Sahu)