TikTok will fund Black Friday deals to take on Amazon

Illustration by Nick Barclay / The Verge
    

  TikTok will try to boost its new online marketplace, TikTok Shop, by funding heavy discounts for the holiday shopping season, starting on October 27th, reports Bloomberg. The social video site reportedly hopes that by subsidizing up-to-50 percent discounts, it can... #press

https://www.theverge.com/2023/9/16/23876501/tiktok-black-friday-deals-subsidized-amazon-walmart?utm_source=press.coop