TikTok Pushes Launch of US Purchasing Platform Amid Ban ConcernsPublished 18 hours in the past

(Reuters) – Bytedance, TikTok’s Chinese language father or mother, has delayed the roll out of its procuring platform in the USA, in accordance with a report by the Wall Avenue Journal on Wednesday, citing sources accustomed to the matter.

The app is going through rising strain in Washington together with requires ban by many in Congress who concern its US consumer information may fall into the palms of Chinese language authorities.

The delay from early spring to June on the earliest comes as considerations over the short-form video platform’s future could stop sellers from becoming a member of the procuring platform, the report mentioned.

TikTok had in March mentioned it had 150 million month-to-month lively customers in the USA, up from 100 million in 2020. It didn’t instantly reply to a Reuters request for remark.

Final week, the video platform mentioned it was launching a product that can let advertisers place adverts alongside content material made by premium publishers, who will shares half of the advert income.

(This story has not been edited by News18 employees and is printed from a syndicated information company feed)