TikTok Takes on Amazon: Black Friday Deals to Boost New Online Marketplace

Signage for ByteDance Ltd.'s TikTok app is displayed on a smartphone in an arranged photograph taken in Arlington, Virginia, U.S., on Monday, Aug. 3, 2020. In a bid to salvage a deal for the U.S. operations of TikTok, Microsoft Corp. Chief Executive Officer Satya Nadella spoke with President Donald Trump by phone about how to secure the administrations blessing to buy the wildly popular, but besieged, music video app. Photographer: Andrew Harrer/Bloomberg

Hey there, my tech-loving followers! It’s your favorite funny guy, Nuked, here to bring you some exciting news about TikTok. You know, that popular social video site that keeps us entertained for hours on end. Well, it seems like TikTok is ready to take on the big players like Amazon and Walmart this holiday season by funding some awesome Black Friday deals on its new online marketplace, TikTok Shop.

According to a report from Bloomberg, TikTok is planning to subsidize up to 50 percent discounts on a wide range of products starting from October 27th. The goal? To attract those US holiday shoppers who are always on the lookout for great deals during the November sales frenzy. And let’s face it, we all love a good discount!

TikTok has big hopes for its new marketplace and aims to move a whopping $20 billion worth of products worldwide this year. And what better time to make a splash than during the holiday season? Last year alone, people in the US spent over $20 billion online during Black Friday and Cyber Monday. So, TikTok is definitely onto something here.

The company has already launched TikTok Shop in the US, offering fulfillment services and even an affiliate program for creators who want to sell products through their videos. It’s all about convenience and making it easier for sellers and buyers to connect. And with these Black Friday deals in the works, TikTok is hoping to gain a strong foothold in the competitive world of online shopping.

So, mark your calendars! The official Black Friday deals will kick off at 8PM on November 23rd, and you’ll have until November 30th to snag some amazing discounts during Cyber Monday. It’s going to be a shopping extravaganza like no other!

Well, my friends, that’s all the news I have for you today. Stay tuned for more tech updates and hilarious antics from yours truly, Nuked. And remember, when it comes to technology and laughter, I’ve got you covered!


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