chinese-e-commerc

Benzinga

Marketing

Threat For Amazon? TikTok Planning Massive US E-Commerce Expansion With $17.5B Revenue Goal: Report - Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ:AMZN)

TikTok is planning to expand its U.S. e-commerce business and aims to reach revenues of $17.5 billion by 2024.

TikTok's unique model of blending online entertainment with impulse buying poses a threat to Amazon and Chinese e-commerce platforms. [ more ]