TikTok owner ByteDance is building an international shopping platform, taking on Alibaba and Amazon

guest · Oct 4, 2021

Here's How TikTok's Parent Company Reportedly Wants To Take On Amazon
The company's hiring around the globe to build out what is reportedly a new standalone ecommerce service
October 4, 2021
https://gizmodo.com/heres-how-tiktoks-parent-company-reportedly-wants-to-ta-1847793209

Now, it looks like the company is stepping into Amazon’s turf, too. Insider was first to report on Monday that ByteDance is planning on building an international shopping platform, according to local Chinese outlets and dozens of job openings it recently posted.

Details on the project thus far are relatively scant, and ByteDance hasn’t yet returned our request for comment. A few weeks back, the Chinese-language outlet The Passage reported that the company had plans to release a standalone e-commerce app sometime this month. Sources familiar with the project likened it to AliExpress, the direct-to-consumer marketplace which is owned by the massive commerce company Alibaba.

“Global e-commerce is [a] content e-commerce business with international short video product as the carrier,” the job description reads. “It is committed to becoming the first choice for users to discover and purchase good products with affordable prices.”
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Another position based out of Singapore simply refers to the “TikTok Ecommerce Platform,” while another based out of London states that TikTok “is an ideal platform to deliver a brand new and better e-commerce experience to our users.”
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TikTok owner ByteDance is building an international shopping platform, taking on Alibaba and Amazon

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