The Information:

TikTok Shop plans to raise its US seller fees from 2% to 8% over the next few months; a source says it has started reducing some subsidies for merchants  —  TikTok powered early growth in its U.S. shopping service by offering low sellers' fees and footing the bill for deep discounts.

The Information:

TikTok Shop plans to raise its US seller fees from 2% to 8% over the next few months; a source says it has started reducing some subsidies for merchants  —  TikTok powered early growth in its U.S. shopping service by offering low sellers' fees and footing the bill for deep discounts.

Source: TechMeme
Source Link: http://www.techmeme.com/240103/p21#a240103p21