TikTok Launches E-Commerce Expansion in Mexico Amid U.S. Regulatory Pressures - PRESS AI WORLD
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TikTok Launches E-Commerce Expansion in Mexico Amid U.S. Regulatory Pressures

share-iconMonday, January 06 comment-icon3 weeks ago 7 views
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scmpSCMP
TikTok Launches E-Commerce Expansion in Mexico Amid U.S. Regulatory Pressures

Credited from: SCMP

  • TikTok, owned by ByteDance, is set to expand its e-commerce operations into Mexico, marking a broader strategy in Latin America.
  • The company has begun inviting merchants to open stores on its platform ahead of anticipated transactions starting in February.
  • Merchants can sign up with a locally registered entity and enjoy exemption from commission fees for the first 90 days.
  • This expansion is a response to scrutiny in the United States, where TikTok faces potential bans under federal law.
  • Specific restrictions will apply on certain goods, including jewellery and healthcare products, in the Mexico operation.

For more details, visit the original article here.

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