ByteDance's TikTok Enjoy Burning Trillion Money in Indonesia, But Delays Full Opening of U.S. Shop
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My neighbor, as Senior GM from Construction Company in Indonesia, explained to me that TikTok (in Indonesia) is trying to replace Tokopedia or SHOPEE or Lazada. Maybe since March 2023. Every TikTok user in Indonesia now can buy something and TikTok gives a discount of 40-50% (but sellers still get 100% payment). TikTok in Indonesia (ByteDance in Indonesia) in the 'burning money' stage like SHOPEE or Tokopedia or Lazada 8-9 years ago.
ByteDance's TikTok Enjoy Burning Trillion Money in Indonesia, But Delays Full Opening of U.S. Shop
ByteDance's TikTok Enjoy Burning Trillion…
ByteDance's TikTok Enjoy Burning Trillion Money in Indonesia, But Delays Full Opening of U.S. Shop
My neighbor, as Senior GM from Construction Company in Indonesia, explained to me that TikTok (in Indonesia) is trying to replace Tokopedia or SHOPEE or Lazada. Maybe since March 2023. Every TikTok user in Indonesia now can buy something and TikTok gives a discount of 40-50% (but sellers still get 100% payment). TikTok in Indonesia (ByteDance in Indonesia) in the 'burning money' stage like SHOPEE or Tokopedia or Lazada 8-9 years ago.