Video content platform TikTok is planning to more than quadruple the size of its worldwide e-commerce operations to as much as USD 20 billion in merchandise sales in 2023, with growth in Southeast As…
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TikTok abandons e-commerce expansion plan in Europe and the U.S.
Following internal issues and a failure to establish traction with customers in the United Kingdom, TikTok, the short-video and social media platform, has decided not to proceed with plans to expand i…