TikTok owner ByteDance ramps up local services expansion, squaring up against industry leader Meituan

Source: South China Morning PostTech unicorn ByteDance is ramping up its challenge to Meituan, operator of China’s dominant food delivery provider, through its short video-sharing platform Douyin, the sister app of TikTok, in a move that will expand the country’s e-commerce market for local services.Douyin, which started its local services foray in 2018, is now providing a service covering “local eateries, drinking, fun and entertainment” to its 600 million daily active users (DAUs), showing popular destinations in a city in…Read More

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