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TikTok proprietor ByteDance has created a stand-alone procuring app in China, much like its Fanno platform in Europe, betting on the brand new pattern of Gen Z shoppers shopping for on suggestions from on-line influencers.The brand new app, referred to as Douyin Field, is described as “an e-commerce platform for developments and style”, and operates underneath Douyin, the Chinese language model of quick video hit TikTok which has over 600 million day by day energetic customers.The transfer is ready to accentuate competitors in China’s e-commerce market the place Alibaba…
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