TikTok is wading into South-East Asia’s e-commerce wars
Battered incumbents brace for a costly fight
IN MARCH TIKTOK’S chief executive, Shou Zi Chew, faced angry lawmakers in Washington, who grilled him for five hours on topics ranging from misinformation to mental health. A threat of a ban in America, the short-video app’s largest market, looms large. Other Western governments are making similar noises. TikTok, which is owned by a Chinese firm called ByteDance, has already been locked out of India, another big market, since 2020 on grounds of national security.
This article appeared in the Business section of the print edition under the headline “Island shopping”
Business September 9th 2023
- Meet Ernie, China’s answer to ChatGPT
- German builders are on the brink of collapse
- TikTok is wading into South-East Asia’s e-commerce wars
- A strike at Chevron shows a reinvigorated union movement
- Meet the world’s most enduring product
- Networking for introverts: a how-to guide
- America’s bosses just won’t quit. That could spell trouble
From the September 9th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Intel’s troubles deepen, as its boss makes an abrupt exit
Pat Gelsinger’s surprise departure poses a dilemma for Donald Trump
Could seaweed replace plastic packaging?
Companies are experimenting with new ways to reduce plastic waste
Has Sequoia Capital outgrown its business model?
Venture capital’s hardiest perennial gets back to its roots
On stupid rules and quick wins
Why every boss can benefit from asking employees what most infuriates them
TikTok wants Western consumers to shop like the Chinese
It still has some convincing to do
Will the trouble ever end for Volkswagen and its rivals?
From strikes to Trump tariffs, calamities abound