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TikTok creators look for other places to make money as threat of U.S. ban gains steam - TL;DR CNBC

TikTok creators look for other places to make money as threat of U.S. ban gains steam

Publishing timestamp: 2024-03-11 18:30:40


Summary

Charli D'Amelio, a popular TikTok creator, is partnering with Shopify to launch her family's shoe brand in pop-up stores as political tension around TikTok builds. The family is looking to diversify their business and reduce dependence on social media platforms. Shopify reported a significant increase in offline sales, indicating a shift in consumer behavior towards physical retail experiences.


Sentiment: NEUTRAL

Tickers: SHOP-CAAAPLSHOP

Keywords: shopify incapple incsocial mediabreaking news: politicstechnologybusiness newsbreaking news: technologypoliticsjoe biden

Source: https://www.cnbc.com/2024/03/11/tiktok-creators-look-to-diversify-as-threat-of-us-ban-gains-steam.html


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