TikTok’s E-Commerce Ascent Amid U.S. Legislative Pressure
In a noteworthy legislative development, the U.S. House of Representatives overwhelmingly passed a bill that could mandate ByteDance to divest TikTok or face a potential ban in U.S. app stores. This pivotal move has sparked a broad discussion, centering not only on American data security and speech rights but also on TikTok’s growing emphasis on e-commerce, shedding light on the complex interplay of tech giants and geopolitics, and the resultant squeeze on smaller merchants.
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