Automotive, Consumer Staples Jun 09, 2022 02:09 PM (GMT+8) · EqualOcean
After entering local life in March this year, JD will pilot the catering takeout business in the near future. At the same time, Tiktok is also further increasing its investment in local living business. In 2022, the total transaction volume of Tiktok's local living business after verification is targeted to be 50billion yuan. In addition, Tiktok is trying to run its own business similar to Jingdong supermarket recently. The project is called "douchao door-to-door delivery" and is piloted in Guangzhou, Shenzhen, Hangzhou and other cities. However, the business is in the charge of the e-commerce Department of byte beat, which belongs to two teams with the local life business of Tiktok.
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