Walmart and Facebook are taking social commerce cues from China - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

ICYMI: Walmart's decision to buy TikTok makes a lot more sense when looking at how the app's Chinese counterpart Douyin has embraced social commerce

even more ecommerce elements like native storefronts and product search features. Walmart's potential plans for TikTok would follow a business model that's already proven successful in China.

And Walmart isn't the only one—Facebook's Shop rollout introduced a live shopping element similar to China's Taobao Live. Last Tuesday, Facebook began its of Facebook Shop, a dedicated ecommerce section within the app. But the shopping itself isn't where Facebook could be taking cues from China—it's the integration of shopping with Facebook's existing social features, most notably Facebook and Instagram Live.

The new Live Shopping feature will let businesses go live on either platform and feature products from their Shops, which customers will be able to purchase directly from the video. It's similar to Alibaba's live streaming service, Taobao Live, which has seen incredible growth during the pandemic.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

TikTok users can link to Shopify and Teespring with e-commerce buttons - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Walmart and Oak Street Health launch joint health clinics - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

You can be both social and safe during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon takes another swipe at Trump after losing $10 billion JEDI deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Easy comes easy goes.$$ 😔 Really? Even 200bln isn't enough? Amazon pissed Bc TRUMP wants them to pay their fair share of postage to post office!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple postpones iOS 14 privacy update following Facebook uproar - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Maybe Facebook threatened to pull their apps from app store 😂 Why postpone? Go all out and thrash FB Don't delay it please please please
Source: BusinessInsider - 🏆 729. / 51 Read more »