2023-01-25 04:00:12

ByteDance-owned Douyin looks to shake up Chinas on-demand local services sector

Logo South China Morning Post
South China Morning Post
By Ben Jiang
  • Douyin, the Chinese version of TikTok, has been making aggressive moves in food delivery and other segments of on-demand e-commerce in the country
  • This sector is expected to be worth more than US$5.17 trillion by 2025, according to market research firm iResearch

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