2 weeks Ago By Bloomberg
TikTok users recently began seeing a new “limited time offer”, which compensates them in the form of TikTok Shop credits. The promotions are appearing on TikTokers’ “For You” page, the main feed they see when they open the app. On Friday, a major court ruling upheld a law that could ban TikTok nationwide as soon as January.
Users can earn US$50 for recruiting first-timers to sign up for TikTok and unlock an additional US$350 in bonuses if they bring in more. They can also make money by checking into the app every day for a week, and by scrolling through 10 TikTok Shop items five times per week. Those who click through the offer can score an additional US$80 in coupons to spend after making a purchase on TikTok Shop.
Regulatory roadblocks have done little to slow down ByteDance’s growth plans. The company had aimed to increase the volume of merchandise sold on the app thorough TikTok Shop tenfold, to US$17.5 billion, Bloomberg reported in January.
ByteDance has only increased its ambitions since. TikTok Shop tripled its US sales to more than US$100 million on Black Friday. Shop also went live in Spain on Tuesday, its first stop on a wider European roll-out.
.
