2024-01-04
@herrmanndigital I like how they word it - we're going to increase it to 8% on July 1, but to help you transition we're going to increase it to 6% on April 1....like what if you don't need the help can you opt out of that?
Bloomberg
Sources: TikTok aims to grow TikTok Shop US' merchandise volume tenfold to $17.5B in 2024 and plans to launch TikTok Shop in Latin America in the coming months
- ByeDance's video app is fast expanding beyond advertising … The 2024 merchandise volume goal for the US version of TikTok Shop …
@herrmanndigital I like how they word it - we're going to increase it to 8% on July 1, but to help you transition we're going to increase it to 6% on April 1....like what if you don't need the help can you opt out of that?
The Information
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months; a source says TikTok has started reducing some merchant subsidies
The Information :