TikTok will fund Black Friday deals to take on Amazon

TikTok will fund Black Friday deals to take on Amazon Illustration by Nick Barclay / The VergeTikTok will try to boost its new online marketplace, TikTok Shop, by funding heavy discounts for the holiday shopping season, starting on October 27th, reports Bloomberg. The social video site reportedly hopes that by subsidizing up-to-50 percent discounts, it can gain a foothold with US holiday shoppers, ...

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