2023-01-25 04:00:12
ByteDance-owned Douyin looks to shake up Chinas on-demand local services sector
- 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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