Mass
Douyin sees 46% e-commerce growth, outpaces rivals
ByteDance's Douyin, TikTok’s Chinese sibling, saw its e-commerce GMV grow by 46% from August 2023 to July 2024. Despite facing a price war and slowing growth, Douyin outperformed major rivals Alibaba and JD.com, which saw far lower growth.
September 15, 2024
