There’s a new king of online shopping, and it’s built an unstoppable monopoly
💸 TikTok Shop, the new online shopping king, launched in the US in September 2023. With an expected revenue of $17.5 billion in 2024, it offers a seamless checkout experience and deep discounts for customers. It features an Affiliate Program, live selling events, and integration with external apps, directly competing with platforms like Shopify. TikTok's parent company ByteDance must sell the app by January 19, 2025, due to US national security concerns, which could impact TikTok Shop's dominance.
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