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ByteDance Starts Internal Testing of “Douyin Auction” to Increase Investment in E-Commerce Business
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ByteDance Starts Internal Testing of “Douyin Auction” to Increase Investment in E-Commerce Business

Aug 16, 2021
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ByteDance Starts Internal Testing of “Douyin Auction” to Increase Investment in E-Commerce Business
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(Source: Sohu) 

ByteDance’s Douyin platform, the Chinese domestic version of TikTok, has recently tested a new auction function in its e-commerce business. It is reported that only merchants with legal auction qualifications can carry out this function.

The new feature will allow merchants to auction non-standard goods such as jewelry, jade, beverages and…

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