Short video app Douyin taps Alibaba platforms in social e-commerce push

March 28, 2018
Industry News
Content Provided By:

Meng Jing
[email protected]

Douyin, the go-to short video site for China’s Generation Z, is moving to profit from its widely popular app by integrating external online shopping links from the country’s largest e-commerce site into its platform.

The video social platform also known as Tik Tok and operated by Beijing ByteDance Technology, the parent of popular news app Toutiao, is giving its young users direct access to online shopping while they watch fun, entertaining videos.

A shopping cart logo can now be seen on the Douyin user interface of certain content publishers with a fan base of more than 1 million. The shopping links allow followers of these publishers to buy goods ranging from cosmetics and food to stationery supplies on Alibaba Group Holding’s Taobao and Tmall platforms.

ByteDance declined to comment on Douyin’s move into social e-commerce, while South China Morning Post owner Alibaba did not immediately respond to a request for comment.

It is still unknown whether Douyin will allow more third party merchants to tap into its 100 million users.

The move to embrace Alibaba’s online merchants is seen as a major milestone for Douyin’s commercialisation efforts and could prove strong competition for Tencent Holdings, which is also counting on the rapid growth in China’s short video market to further monetise its presence in social media. There were nearly 250 million Chinese watching short videos at the end of 2017 and the market is projected to be worth 30 billion yuan((US$4.78 billion) by 2020, according to iResearch. Continue Reading 

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