Consumer Discretionary, Technology Jul 31, 2020 03:53 AM (GMT+8)
According to an independent source, Suning.com and Tik Tok e-commerce have recently reached a partnership. Both parties are going to merge their supply chain, livestreaming IP and etc wholistically. This agreement is expected to become effective on August 18 this year. According to the agreement, Suning.com will provide supply chain support, making all its products available on Tik Tok e-commerce platform and to all hosts on the platform. In turn, Tik Tok users can complete purchases without being taken to Suning.com. Besides, Suning.com will also provide logistics and customer services.
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