ByteDance-owned Douyin’s huge pool of daily active users is expected to attract plenty of merchants. Photo: Weibo
ByteDance-owned Douyin’s huge pool of daily active users is expected to attract plenty of merchants. Photo: Weibo
ByteDance
Tech /  Big Tech

TikTok owner ByteDance takes on Alibaba, Pinduoduo in big e-commerce push

  • ByteDance-owned short video app operator Douyin is moving to build up a vast ecosystem of merchants under its own e-commerce platform
  • There are about 600 million daily active users on Douyin, which has been subject to rampant IPO speculation

Tracy Qu
Tracy Qu in Yiwu, China

Updated: 10:46am, 25 Apr, 2021

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ByteDance-owned Douyin’s huge pool of daily active users is expected to attract plenty of merchants. Photo: Weibo
ByteDance-owned Douyin’s huge pool of daily active users is expected to attract plenty of merchants. Photo: Weibo
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