Maharashtra News Flash
Buisness

To grow its e-commerce business, TikTok will invest billions of dollars in Southeast Asia.

As it doubles down on the area despite increasing international scrutiny over its data security, China’s ByteDance, the owner of the short video app TikTok, said on Thursday that it will spend billions of dollars in Southeast Asia over the next years.
Southeast Asia, which has a population of 630 million people, half of whom are under 30, is one of TikTok’s largest user markets, bringing in more than 325 million monthly users.

Related posts

In FY2022-23, Mathew Finserv received remarkable recognition for striving towards excellence

The Pakistani stock market reaches a record high

As the IT sector expands, high-skill gig workers are in high demand; these top skills are highlighted

Expectations for the Budget for 2024: What Will FM Add to the E-Commerce Cart?

Before its official launch in 2023, the Hyundai i20 facelift is teased

After the speculation of withdrawal of 500 rupee note after 2000, RBI governor said – People should not pay attention to such rumours