The Chinese company ByteDance, owner of TikTok, is planning to develop an international eCommerce platform where to offer Chinese articles to other countries. This will start competing against AliExpress and Amazon..
The news was shared for the first time in the Chinese medium The Passage, where they explain that they are currently testing the platform and that it could be launched in October (as reported in Technode). The Otra platform is believed to be independent from the TikTok app.
Since August there has been speculation on the subject, because TikTok has gradually incorporated purchase functionalities and it was believed that this would end up separating from the social network. In addition, the company had made numerous hires related to professionals in the eCommerce sector.
One of the vacancies published by the company reads like this: “looking for Seattle-based “Lead Technology Manager” to help develop a “global e-commerce platform””.
The company has not yet published or shared any official information on the subject.
China wants to support Chinese sellers
A month ago Amazon removed several Chinese sellers from its marketplace claiming that they did not comply with some of the rules related to reviews. Therefore, Chinese sellers have been greatly affected, but with the possible appearance of a new marketplace, and more if it comes from the hand of a company like ByteDances, they will be able to find a new sales space.
In addition, the Shenzhen Municipality Office of Commerce announced that it would grant a $ 310,000 to Chinese merchants that they met the requirements for each independent online store that they launched.