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TikTok Shop’s GMV soared in 2023, putting Shopee and Lazada on edge

With GMV skyrocketing to USD 16.3 billion in 2023, TikTok Shop is shaking up Southeast Asia’s e-commerce market, giving Shopee and Lazada a run for their money.

7 mins read
  • Influencers will bear the brunt of the change, aimed at refining Douyin’s e-commerce focus.

    News

    ByteDance adjusts Douyin’s traffic allocation to boost e-commerce, sources say

    3 mins read

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