TikTok Launches E-commerce Platform in the U.S. to Sell Chinese Goods

The Wall Street Journal reported today, citing informed sources, that TikTok plans to launch an e-commerce platform in early August to sell Chinese-made goods in the United States. The report indicated that TikTok is seeking to replicate the success achieved by the Chinese shopping platforms Shein and Temu, and it will be responsible for storing and shipping products on behalf of manufacturers and traders in China. This move comes at a time when the company is facing intensified scrutiny from U.S. officials due to concerns over data security. The company is making strenuous efforts to avoid a ban in the United States, especially after lawmakers proposed a bill that would give President Joe Biden's administration the authority to ban apps that pose security risks.