A recent Seeking Aplha news source speaks about TikTok planning U.S. fulfillment, a move into Amazon’s consumer space.
TikTok e-commerce ambitions
TikTok (BDNCE) looks to be advancing some e-commerce ambitions with a plan to build product fulfillment centers in the United States, Axios says.
The news service noted a dozen-plus job openings pointing toward an “international e-commerce fulfillment system,” an environment that could give Tiktok a competitive interface with retail giant Amazon.com (NASDAQ:AMZN).
Customers clear and supply chain systems
That means international warehousing, customers clearing and supply chain systems to support U.S. domestic e-commerce as well as cross-border efforts.
“By providing warehousing, delivery, and customer service returns, our mission is to help sellers improve their operational capability and efficiency, provide buyers a satisfying shopping experience and ensure fast and sustainable growth of TikTok Shop,” the company says in one listing, Axios notes.
The move could signal TikTok owner ByteDance’s next new major growth vector; its social-media app has enjoyed exponential growth, followed by corresponding growth in its intent-based advertising business.
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Source: Seeking Alpha
