Walmart's interest in TikTok can be explained by estimates social commerce in China will hit $242B in 2020, aided by apps like TikTok's Chinese version Douyin (Sherisse Pham/CNN)
Sherisse Pham / CNN:
Walmart's interest in TikTok can be explained by estimates social commerce in China will hit $242B in 2020, aided by apps like TikTok's Chinese version Douyin — Hong Kong (CNN Business)Walmart is a 58-year-old American company known for big box stores that sell everyday goods, casual clothing, groceries and TVs.
via Techmeme
Walmart's interest in TikTok can be explained by estimates social commerce in China will hit $242B in 2020, aided by apps like TikTok's Chinese version Douyin (Sherisse Pham/CNN)
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