TikTok is letting go of staff and adding other cost-saving measures as it makes a new push for efficiency.

TikTok staffers are bracing for layoffs after the company said it's making "organizational and personnel changes," in a memo ...

The move is part of a restructuring of its operations as the company is facing immense regulatory pressures and business ...

TikTok told US e-commerce staff to work from home Wednesday while awaiting emails regarding “difficult decisions,” suggesting ...

ByteDance did not respond to a request for ... per Data.ai.) The Chinese e-commerce sites are becoming so popular with American shoppers that the order volume is wreaking havoc on global trade ...

Alibaba, JD.com, and ByteDance’s Douyin will start promotions on Tuesday, as e-commerce giants fight for a slice of limited ...

The privately held Beijing-based company does not publish financial results. ByteDance's weak e-commerce business is also a main contributor to slow ad growth, according to LatePost, as merchants ...

JAKARTA, June 14 (Reuters) - China's ByteDance will lay off staff at its Indonesian unit following a deal where it bought a local e-commerce firm and combined it with its TikTok operation ...

ByteDance (BDNCE) confirmed it will lay off some employees at its Indonesian e-commerce units, Tokopedia and ShopTokopedia. The move comes after the TikTok parent completed a transaction in which ...

No other app blended social media and e-commerce the way TikTok did. But the threat in Indonesia had the potential to deal an especially devastating blow to ByteDance’s ambitions to make a lot ...

If you prefer Chinese rivals, Alibaba and JD.com are e-commerce market leaders and compete with ByteDance’s Douyin for custom. For those seeking diversification, the Global X Social Media Index ETF is ...