TikTok Bans Ecommerce Link: TikTok may have ‘bad news’ for Amazon and other online shopping platforms
TikTok may have ‘bad news’ for Amazon and other e-commerce platforms. The short-video app is reportedly planning to ban links to outside ecommerce links, such as Amazon, according to a report from The Information. The move is reported to be aimed at ensuring that TikTok users buy the things they see on the platform only on TikTok Shop and nowhere else.The report also claims that TikTok Shop is on track to lose more than $500 million in the US this year. According to the report, The $500 million loss reflects the company’s deep investment in hiring, creating a delivery network…