
TikTok’s Chinese version Douyin adds shopping to ByteDance news app, prepares movie ticketing service in e-commerce push
- Douyin’s 600 million daily active users will be able to link their accounts to Jinri Toutiao and shop within the popular news aggregation app
- Douyin has been ramping up efforts to sell goods and services as it seeks to further monetise its massive user base
The Beijing-based company is looking to leverage the combined user base of its two biggest apps. Its flagship short video app, with 600 million daily active users in China, has launched a special shopping channel on Jinri Toutiao, ByteDance’s news aggregation app. It allows consumers to link their Douyin account and shop or watch product videos within the news app.
The channel is now one of dozens of tabs below Toutiao’s top search bar, where it sits among options for news, sports, novels and more. Users can customise the order of the tabs.
For clues to how TikTok will make money, watch its Chinese sister app Douyin
The move could help extend Douyin’s reach and bolster its efforts in e-commerce as the company searches for new sources of revenue. Toutiao has nearly 300 million monthly active users as of June, according to data from Analysys.
In addition to selling goods, Douyin may be preparing to launch a movie ticketing service. Late last month, Beijing Zitiao Network Technology Co, a subsidiary of Douyin Group (Hong Kong) Ltd, applied for an advertising and entertainment trademark for “Douyin Movie Ticket”.
Shares of Hong Kong-listed Alibaba Pictures, the e-commerce giant’s movie production and distribution unit, dropped 1.5 per cent to HK$0.34, while Maoyan dropped 2.7 per cent to HK$4.98 by midday Wednesday. Alibaba owns the South China Morning Post.
ByteDance did not immediately respond to an emailed request for comment.
Also in September, the platform partnered with several Chinese courier services – including JD Logistics, SF Express and ZTO Express – as it seeks to become a powerful player in the country’s e-commerce industry.
