TikTok’s parent company ByteDance will lay off staff at its Indonesian e-commerce unit to cut costs in the wake of a deal that let the video-sharing app reopen its online shop in the Southeast Asian ...
ByteDance Ltd.’s TikTok has struck an agreement to invest in a unit of Indonesia’s GoTo Group and cooperate on an online shopping service, pioneering a template for e-commerce beyond Southeast Asia’s ...
TikTok has confirmed that it’s testing a new in-app “Trendy Beat” shopping section where it is offering products for sale that are shipped and sold by a subsidiary of its parent company, ByteDance.
In the past couple weeks, TikTok users from the U.K. have come across “Trendy Beat”, a seemingly new shopping feature on the app and the Financial Times confirmed the feature as part of TikTok parent ...
TikTok has reportedly laid off some of its U.S.-based e-commerce governance and experience team, just days after President Donald Trump extended the deadline for parent company ByteDance to divest its ...
Chinese tech giant ByteDance (BDNCE) saw profit soar about 60% in 2023, surpassing the growth of online peers Tencent (OTCPK:TCEHY) (OTCPK:TCTZF) and Alibaba (BABA), Bloomberg News reported, citing ...
Update: The story was updated with a statement from ByteDance. ByteDance (BDNCE) confirmed it will lay off some employees at its Indonesian e-commerce units, Tokopedia and ShopTokopedia. The move ...
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