power
TikTok is continuing to consolidate control of its US e-commerce operations under Chinese and global leadership.In the latest move, Nico Le Bourgeois, head of US operations for TikTok Shop, is getting pulled under Mu Qing, a former e-commerce VP for TikTok’s Chinese sister app, Douyin, three staffers told Business Insider.Mu…
TikTok is shaking up its e-commerce operations in a move that gives more power to leaders from China and Singapore.The changes impact its global governance and experience team and will shape the development of new markets like Latin America, according to a memo sent to staff on Friday, which Business…
President Donald Trump is once again waving a tariff reduction carrot at China to get it to cave on a TikTok deal.Trump spoke to reporters on Air Force One on Thursday, a day after imposing a baseline 10% tariff on imports from all countries and increasing China’s tariff rate to…