Skip to content
Stock Focus Report

Stock Focus Report

Primary Menu
  • Home
  • Business
  • Economy
  • Domestic
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2025
  • March
  • 27
  • TikTok Shop steps up Europe expansion with US future unclear
  • Business

TikTok Shop steps up Europe expansion with US future unclear

Stock Focus Report March 27, 2025
2025-03-27T195406Z_1_LYNXNPEL2Q144_RTROPTP_4_USA-TIKTOK

LONDON (Reuters) – E-commerce platform TikTok Shop said it will launch to users in France, Germany, and Italy on Monday, expanding its reach further into Europe even as TikTok faces being shut down in the U.S. if Chinese owner ByteDance does not find an American buyer.

The shopping arm of social media app TikTok has been available in the UK since 2021. It also launched in the U.S. in September 2023, and had strong sales over the holiday season last year. But TikTok’s future in the U.S. is uncertain unless Chinese owner ByteDance can find an American buyer.

TikTok Shop has been trying to bring more Europe-based sellers on to the platform where many merchants sell products direct from China.

“In France, Germany, and Italy, we are already working with merchants to get their products listed on the platform and TikTok Shop will be available to our TikTok users from next Monday,” Jan Wilk, head of operations at TikTok Shop UK said in an interview with Reuters.

“My own expectation for Europe is to launch with more speed than we did in the UK, because in the UK four years ago this model was very new, we had to do a lot of education, we had to try out a lot of things to get the right fit.”

Supermarket chain Carrefour will join TikTok Shop in France, while fast-fashion retailer AboutYou and cosmetics brand Cosnova will start selling on the German platform, the company said.

TikTok Shop, where users can run livestreams selling everything from sneakers to eyeshadow and earn a commission on sales, is known for discounted products.

But Wilk said the platform aims to diversify its range of products and prices, and pointed to sales of second-hand Birkin bags by one luxury goods store on TikTok Shop in the UK.

(Reporting by Helen Reid. Editing by Jane Merriman)

Continue Reading

Previous: Trade war’s impact on growth extremely detrimental, ECB says
Next: GameStop shares tumble as investors question bitcoin pivot

Related Stories

2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-27T162116Z_1_LYNXNPEL4Q0TG_RTROPTP_4_CANADA-RETAIL-HUDSONS-BAY
  • Business

Canada’s Hudson’s Bay retail chain to terminate more than 8,300 workers by Sunday

Stock Focus Report May 27, 2025
2025-05-27T161542Z_2_LYNXNPEL4Q0SO_RTROPTP_4_SNOWFLAKE-IPO
  • Business

Olympics-LA28 brings on Snowflake as data collaboration provider

Stock Focus Report May 27, 2025

Recent Posts

  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets
  • US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says
  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • US senator calls for AI competition in Pentagon contracting

Categories

  • Business
  • Domestic
  • Economy
  • Money
  • Newsletters
  • Politics
  • Top News
  • Uncategorized

You may have missed

  • Newsletters

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-28T154023Z_2_LYNXNPEL4R0VL_RTROPTP_4_USA-DIPLOMACY-RUBIO

US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says

Stock Focus Report May 28, 2025
2025-05-28T143911Z_1_LYNXNPEL4R0SP_RTROPTP_4_USA-CONGRESS-TAX-MUSK

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
  • Home
  • Privacy Policy
  • Terms of Service/Use Agreement
  • Disclaimer
  • Contact Us
Copyright © All rights reserved. | MoreNews by AF themes.