TikTok competes with Walmart and Amazon for holiday spend — SupermarketNews.com

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TikTok plans to compete with Walmart and Amazon this holiday season with its own online marketplace:

Sharing in the same sentiment, TikTok is offering deep holiday discounts early in the season as the social media app ‘aims to lure inflation-battered shoppers to its new online marketplace, taking the first shot in a price war with established competitors Amazon.com Inc. and Walmart Inc.,’ Bloomberg said.

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