ByteDance is testing food delivery service via its Chinese version of TikTok
Publishing timestamp: 2023-02-08 05:15:41
Summary
ByteDance is testing a food delivery service in China via its short video app Douyin, potentially competing with major e-commerce companies like Alibaba and Meituan. The service allows restaurant owners to livestream on Douyin and offer discounts and coupons for their food to users watching videos. The company is considering expanding the service beyond the trial cities of Beijing, Shanghai, and Chengdu.
Sentiment: NEUTRAL
Keywords: uber technologies inc, alibaba group holding ltd, china, business news, meituan,