Wednesday, June 14, 2023

TikTok to Invest billions of dollars in Southeast Asia Says CEO

ByteDance's TikTok is planning to invest billions of dollars in Southeast Asia over the next few years, the company's CEO Shou Zi Chew confirmed on Thursday. Southeast Asia is one of the company's biggest markets in terms of user numbers. But the platform has yet to translate the large user base into a major e-commerce revenue source as it faces fierce competition fro...

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