TikTok Market Reports
Gathering global key market information, industry frontier insights, current popular platform trends, driving more localized global marketing with insights
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Recently, foreign media reported that the sales of ByteDance in 2023 reached a staggering $110 billion, surpassing Tencent and becoming the focus of global science and technology. In this regard, the ByteDance side did not respond.
In this rapidly changing digital age, B2B foreign trade enterprises are facing unprecedented opportunities and challenges. With TikTok, an emerging social media platform, and China's ambitious "the Belt and Road" initiative, enterprises can explore new ways to expand in the international market
In the tenth year of the "the Belt and Road" initiative, a revolution is quietly taking place!
Even though Indonesia has been banned for over two months, causing significant losses, according to current data, TikTok's e-commerce development momentum in Southeast Asia is still rapid.
According to a report by 36Kr, TikTok e-commerce has set its GMV target for 2024 at $50 billion, which is 1.5 times the GMV target of $20 billion for 2023.
According to the information released by the General Administration of Customs, as of November this year, China's total export value has shown a year-on-year growth trend compared to last year, with a 1.7% increase in export value in November alone.
