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| TikTok owner is creating an e-commerce platform to compete with Amazon |
Tik Tok has been a huge success in a short period of time. On the one hand, it has attracted millions of users of all ages, and on the other hand, it is also an ideal platform for visual content producers. However, it appears that platform owner Bytedance has other big plans.
The Chinese company is currently working on building a massive e-commerce platform that will compete with China's Alibaba and America's Amazon. The platform can appear as a separate app or it can be integrated into the Tik Tok platform.
The new platform may have a political dimension as the platform will mainly sell Chinese products to users residing in other countries (including the US of course).
The company began opening a large number of vacancies and announcing them on its official website. All these functions are related to the e-commerce activities of the various branches. The company previously stated that Tik Tok is an ideal platform to offer an online shopping experience.
Some details of the job offer reveal the nature of the new venture. It will be closer to the Chinese platform of Alibaba which is used by millions of people around the world. The company has started investing heavily in e-commerce on the one hand and smart payments on the other.
tik tok and e-commerce
More than one statement has been issued reflecting views on the new ByteDance project. So said technical analyst Roy Ma, who mentioned that Bytedance is keen to get into the e-commerce space. She also mentioned that compared to Western countries, most Chinese businessmen feel that China is lagging behind in this regard.
Speaking of political and economic issues, after Amazon deleted the accounts of thousands of Chinese sellers, the owner of Tik Tok began to take serious measures in this area. The company may be trying to help these sellers through its platform and could take revenge on them.
It is reported that a large number of online store owners both locally and internationally are using Tik Tok to promote their products and increase sales, including US stores.
In recent years, the Chinese government has taken a giant step towards promoting e-commerce and online shopping. Maybe he supports ByteDance in his project. Keep in mind that there are many reports that ByteDance has a very close relationship with the Chinese government.
It is also mentioned that this close relationship is also the reason why Trump tried to ban Tik Tok in the USA. In addition, the founder of e-commerce platform Marketplace Pulse said that Bytedance's experience on the visual content platform will help them a lot in providing a unique shopping experience unlike Amazon and Alibaba.
In terms of e-commerce and online shopping traffic in the US, we found that US citizens are starting to rely more on shopping abroad with the smaller packages increasing by 28% in the previous year.