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CEO Shou Zi Chew revealed Thursday that TikTok would invest billions in Southeast Asia over the next few years.
Chew told an Indonesian audience that TikTok’s content diversifies as it grows and enters e-commerce. ByteDance owns TikTok.
Southeast Asia has the most TikTok users. Shopee, Lazada, and Tokopedia compete with the site.
TikTok’s live-streaming e-commerce platform lets customers buy things via links.
Chew said TikTok has 2 million small vendors and 8,000 Southeast Asian staff.
U.S. stocks finished slightly higher on the first trading day of October as Treasury yields pulled back from their highest levels in more than...
Xiaomi has unveiled its latest flagship smartphones, the Xiaomi 18 Pro and Xiaomi 18 Pro Max, combining Qualcomm’s newest Snapdragon processors with dual 200MP...
ByteDance has raised $29.6 billion from nearly 30 banks as the TikTok owner increases spending on artificial intelligence and overseas infrastructure. The financing started...
Spotify experienced a major service disruption that generated thousands of outage reports per minute, with users across multiple countries reporting problems accessing key features...
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