Rajiv MenonStartups
ByteDance Lines up $29.6 Billion Loan After Lenders Pile in
The TikTok owner boosted its credit facility from US$20 billion after receiving more than US$30 billion in total orders from lenders.
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Every story tagged tiktok on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged tiktok
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Rajiv MenonFinance
ByteDance Secures $29.6 Billion Loan After Strong Bank Demand
The Chinese tech group expanded the facility from an initial $20 billion target after drawing substantial commitments from lenders.
Maria SantosFood
Thriving Live Commerce: TikTok Boosts Thai Durian Sales by Tenfold
In a collaborative effort, TikTok and Thailand’s Department of Internal Trade have drastically elevated durian sales on TikTok Shop, underscoring live commerce as a significant conduit for Thai agricultural commodities. The initiative led to a tenfold surge…
Rajiv MenonFood
Decade-Old BBQ & Hotpot Restaurant Closes Following Surge of Negative Online Reviews
For over a decade, a small-town barbecue and hotpot restaurant enjoyed a regular and content clientele, primarily consisting of employees from a neighboring industrial park. The eatery was particularly bustling over the weekends, basking in the laudatory…
Sarah ChenLiving
TikTok’s $125M Digital Expansion: Chinese Giant to Bolster HCMC’s Tech Sector
TikTok, the renowned Chinese social media platform, has pledged an investment of $125 million in Ho Chi Minh City. The funds are intended to boost logistics services, digital commerce, and digital payment systems in the bustling Vietnamese metropolis. Pledged…
Aiko TanakaLiving
Introducing PineDrama: TikTok’s Free, Ad-less Portal to Micro Drama Series, Now Live in the US
For devotees of brief video content, the introduction of TikTok’s latest application focused on ‘micro dramas’ comes as exciting news. This new application is a development of TikTok’s commitment to fostering engagement and innovation in the realm of digital…
Wei ZhangLiving
Groundbreaking Deal: TikTok’s U.S. Assets Acquired by American-led Consortium
The well-known, short-form video application, TikTok, has made strides towards securing its future in the U.S. market. The company’s U.S. assets will be sold to an American investor group following the signing of necessary agreements. This move is a…
Sarah ChenResearch
Social Commerce Revolution: How Tiktok Influencers Are Transforming Asian Retail Landscape
Retailers in Asia are embracing the revolution of social commerce, with platforms like TikTok leading the charge in transforming shopping habits across the region. A recent report from the social media giant revealed an astonishing statistic: over 70% of…
Maria SantosFood
Skittles Introduces ‘swicy’ Gummies Fuego To The Us Market: A Sweet And Spicy Revolution
Skittles, a popular brand operated by Mars Wrigley, has recently introduced a novel gummy flavor to the US market. The new offering, called Gummies Fuego, presents a unique blend of sweet and spicy flavors that is sure to intrigue the palates of consumers.…
Aiko TanakaLiving
TikTok Shop’s Japanese Launch Hits Snags as Sellers Voice Concerns Over New Platform
While TikTok has made waves in various markets across the globe, its live commerce feature appears to be treading water in Japan, just a month after its rollout. Many brands are hesitating to dive into this vibrant but relatively uncharted marketing medium,…
Sarah ChenE-Tailing
TikTok Shop Gains Ground, Closing In on E-commerce Leader Shopee in Retail Competition
TikTok Shop is making waves in the Southeast Asian e-commerce landscape, capturing a notable 39% share of gross merchandise value, a substantial increase from 29% in the first half of the previous year, according to data from Metric. In stark contrast, its…
Aiko TanakaLiving
Tiktok Influencers Arrested: 800,000 Counterfeit Products Sold In Massive Scheme
Le Van Hai, the creator behind a popular TikTok channel boasting 2.6 million followers, has been arrested for a staggering scheme involving the sale of 800,000 counterfeit food and cosmetics products. Alongside his accomplice, Tran Dai Phuc, the duo was…
Maria SantosGeneral
Tiktok Poised To Revolutionize Japanese Market With Integrated E-commerce Feature
TikTok, the globally popular social media platform, is poised to debut its integrated e-commerce feature, TikTok Shop, in Japan. This is a significant move into a market where live commerce is relatively unexplored but ripe with potential. The initiative is…
Maria SantosLiving
TikTok Launches Innovative Business Solutions to Accelerate Brand Growth and Engagement
TikTok has unveiled a remarkable suite of business tools crafted to fuel growth for brands at every stage of the marketing journey. This innovative approach introduces artificial intelligence-powered technologies, fresh advertising formats, and broadened…
Maria SantosLiving
Doctors concerned as patients bet their life on TikTok ‘clinic’
Two weeks after taking an online “liver cancer cure,” a 37-year-old man was brought back to hospital in a near-terminal state. Diagnosed with liver cancer in early 2025, the patient’s doctor had recommended medical treatment combined with palliative care,…
Maria SantosGeneral
TikTok readying to enter Japan’s e-commerce market
Chinese social media platform TikTok will enter the online shopping industry in Japan within the next few months, the Nikkei newspaper reported on Sunday. The company is preparing to recruit sellers soon for its e-commerce arm TikTok Shop in Japan, Nikkei…