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TikTok owner ByteDance ramps up e-commerce expansion with launch of Fanno shopping app in Europe

December 6, 2021
Source: scmp.com scmp.com
News Snapshot:
TikTok owner ByteDance has ramped up its expansion into e-commerce with the recent launch of shopping app “Fanno” in selected markets across Europe, as the world’s most valuable technology start-up sharpens its focus on strategic industries to diversify its business. The Fanno app was made available last month on both Apple ’s App Store and Google Play for the Android platform in France , Germany , Italy , Spain and Britain . It was released days before the annual Black Friday event on November 26, which marked the start of the Christmas shopping season in the US and other Western...
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Tags: Android | Apple | Beijing | Britain | ByteDance | Canada | China | Chinese | currency | e-commerce | Economy | Europe | expansion | Facebook | France | Germany | Google | Indonesia | Italy | online video | Renminbi | retail | revenue | search engine | shipping

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