TikTok Shop, a rising threat to Shopee and Lazada in Southeast Asia


TikTok Shop is a rising threat to major e-commerce players such as Shopee and Lazada in Southeast Asia. It comes as its parent ByteDance pushes the short video app in markets outside the U.S. and India to create alternative revenue streams. TikTok Shop is the e-commerce marketplace of short video app TikTok, which is owned by Chinese tech giant ByteDance. The shopping app…

This story appeared on cnbc.com, 2023-05-26.
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