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TikTok Eyes $17.5 Billion Shopping Business on Amazon’s Turf

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Jan. 3, 2024, 11:03 p.m. | Zheping Huang, Alex Barinka, Dong Cao, Olivia Poh

Bloomberg Technology bloomberg.com

ByteDance Ltd.’s TikTok aims to grow the size of its US e-commerce business tenfold to as much as $17.5 billion this year, according to people familiar with the matter, posing a bigger threat to Amazon.com Inc.

amazon amazon.com business bytedance commerce e-commerce matter nms:amzn people shopping size threat tiktok

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