TikTok twin Douyin taking on Alibaba and Meituan for e-commerce market share

TikTok twin Douyin taking on Alibaba and Meituan for e-commerce market share

Photo: REUTERS

ByteDance Ltd’s Douyin mobile app, the Chinese version of its enormously popular short-video platform TikTok, is challenging rivals Alibaba Group and Meituan Inc. for a slice of the e-commerce and local services business in China.