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TikTok Owner Launches Digital Payment Service in Challenge Against Alibaba, Tencent

2021年01月20日 20:07 来源于 财新网
Move comes as company seeks to grab larger share of China’s booming livestreaming e-commerce market ahead of Lunar New Year
Douyin’s online sales through e-commerce livestreaming are expected to continue gaining momentum.

TikTok-owner ByteDance Ltd. has launched its own digital payment platform, setting the stage for the short video powerhouse to square off against China’s tech titans like Alibaba and Tencent in the massive e-commerce market.

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