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