Caught Between a Trade War and Potential New Ownership, What Does the Future Hold for Beauty Brands on TikTok Shop?
- TikTok, owned by ByteDance, faces pressure in the U.S. Due to security concerns and a potential ban.
- This situation arose partly from the U.S.-China trade war initiated in 2018, impacting various industries.
- Tariffs and retaliatory measures between the U.S. And China complicate TikTok's future, especially for its e-commerce arm, TikTok Shop.
- Sky Canaves from Emarketer noted investors see buying TikTok as a rare opportunity, yet Beijing's approval is essential.
- Despite uncertainty, TikTok Shop continues as usual, showing growth in beauty sales and increased consumer spending.
10 Articles
10 Articles
Caught Between a Trade War and Potential New Ownership, What Does the Future Hold for Beauty Brands on TikTok Shop?
TikTok has become a key bargaining chip in China’s escalating tariff battle with the U.S. — while remaining an enticing investment for players vying for control over the app’s U.S. operations.
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