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The Nexus
BUSINESSJul 16 · 17:40 UTCBUSINESS INSIDERDan Whateley ([email protected])

TikTok is testing a new service that could reshape its shopping network

TikTok is testing a managed services program in the US where it handles most Shop operations for sellers, including hiring creators, running ads, and creating content. The program requires a $10,000 fee and a 10-20% commission per sale, positioning TikTok in direct competition with its third-party partners.

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Mentioned
TikTokorganizationTikTok Shoporganizationmanaged services programtopicthird-party partnerstopicUnited StatesplaceGMV MaxtopicFulfilled by TikToktopicSocialscale.aiorganization
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TikTok is testing a new service that could reshape its shopping network · The Nexus