TikTok Plans To Operate E-commerce Fulfillment System In US

RTTNews | 1142天前
TikTok Plans To Operate E-commerce Fulfillment System In US

(RTTNews) - Social media app TikTok plans to operate U.S warehouses and product fulfillment centers to create its own e-commerce supply chain system, job listings on its website and LinkedIn indicate.

TikTok reportedly began piloting a shopping feature last year in the U.S., Canada and the U.K. through a deal with Shopify.

TikTok has posted several job openings on LinkedIn in the past two weeks seeking candidates in the U.S. as it is looking to build an international e-commerce fulfillment system.

As per the listings, the company intends to provide warehousing, customs clearings, delivery and customer service returns in its domestic e-commerce efforts.

For the post of a logistics solutions manager for a global fulfillment center, TikTok is looking for a Seattle-based employee to plan and design fulfillment centers and e-commerce logistics solutions. The duties include transportation of goods, order prediction and inventory management.

Further, the company calls for a team that would be responsible for a global logistics and warehousing network.

Another job posting says the company is looking for someone to build the new fulfillment service from scratch.

Amid the e-commerce boom across the world, ByteDance's popular social media platform known for short videos is expanding into e-commerce as its next major revenue stream after recording significant growth in its ads business.

TikTok has already entered into e-commerce in select markets, including the UK and Indonesia, where it currently offers a shopping option called TikTok Shop that allows creators and merchants to sell products. The company has also partnered with Shopify to enable shopping on the platform.

read more
Commodity Currencies Rise Amid Risk-appetite, USD Slides

Commodity Currencies Rise Amid Risk-appetite, USD Slides

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as traders continue to express optimism about the outlook for interest rates following the recent dovish comments from some US Fed officials.
RTTNews | 1小时38分钟前
Canadian Dollar Climbs Against Most Majors

Canadian Dollar Climbs Against Most Majors

The Canadian dollar strengthened against most major currencies in the Asian session on Thursday. The Canadian dollar rose to an 8-day high of 1.4029 against the U.S. dollar and a 2-day high of 1.6258 against the euro, from yesterday's closing quotes of 1.4044 and 1.6284, respectively.
RTTNews | 2小时45分钟前
NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 2小时53分钟前
European Economic News Preview: German GfK Consumer Confidence Due

European Economic News Preview: German GfK Consumer Confidence Due

Consumer sentiment from Germany and monetary aggregates from the euro area are the top economic news due on Thursday. At 2.00 am ET, the market research group GfK releases Germany's consumer sentiment survey data. The forward-looking index is expected to rise to -23.6 in December from -24.1 in November.
RTTNews | 4小时34分钟前
European Markets Seen Gaining On Thursday

European Markets Seen Gaining On Thursday

Stock markets in Europe are expected to open higher on Thursday as markets brace for another Fed rate cut before the end of the year.
RTTNews | 4小时56分钟前