Despite all of the ads you’re getting for collagen supplements and electric scrub brushes, TikTok Shop US is apparently not doing so hot. Per a report from Bloomberg, TikTok has conducted its third round of layoffs for this team since April, but has not disclosed how many jobs were impacted.
TikTok Shop US, the company’s e-commerce retailer, launched less than two years ago, selling a variety of products and offering creators commissions for their videos that trigger sales. While Shop remains TikTok’s fastest-growing business, TikTok’s fate…
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