TikTok Breaking News 2024/07/19

TikTok NEWS

Hi it is Jacky.

Today,Let’s share one TikTok toturials:TikTok Breaking News 2024/07/19

O1: A Stepper Machine’s Phenomenal Success on TikTok

As summer arrives, more people are embracing home fitness activities, leading to a significant business boom for the brand Fitnessathome. Known for its professional fitness equipment such as treadmills, steppers, and home trampolines, the brand has seen extraordinary sales. In the past 30 days alone, one of their steppers has generated over $3.65 million in revenue, with an impressive 11,700 units sold in a single day on July 8th through their TikTok shop.

O2: TikTok’s Revenue Surge in 2023 Through “Ads + Live Streaming”

In 2023, TikTok achieved a milestone in the Asia-Pacific region by generating a gross profit of $121 million, thanks largely to the booming ad and live streaming sectors. TikTok Pte saw its revenue soar by 56% year-over-year, reaching $8.57 billion. This growth was driven by its operations in 11 key markets, including Indonesia, Israel, and Kazakhstan.

O3: Muslim Hijabs Top the Charts on TikTok Shop Indonesia

In Indonesia, Muslim fashion, particularly hijabs, has been consistently popular on TikTok Shop. The high demand among Indonesian female consumers is evident, especially as the rainy season approaches, making raincoats another hot-selling item. The store “Jas hujan jkt” has seen a remarkable 124.26% increase in sales for their raincoat sets over this period.

O4: Amazon Prime Day’s Record-Breaking Sales

The first day of Amazon Prime Day 2024 saw U.S. consumers spend a staggering $7.2 billion, marking an 11.7% increase from the previous year and setting a new record. Mobile device purchases accounted for $3.5 billion, underscoring the trend towards mobile shopping. Additionally, electronic products experienced a 33% rise in sales, with headphones and Bluetooth speakers seeing a 164% surge, reflecting consumers’ growing desire for high-quality living.

O5: TEMU’s Semi-Managed Service Opens to European Entities

TEMU has announced the opening of registration for European local stores, starting with Germany, Italy, France, and Spain on July 17, followed by the UK on July 26. Merchants can now contact the operations team to be whitelisted and take advantage of traffic bonuses. This initiative supports the registration of both companies and individuals from Germany, France, Italy, Spain, and the UK, with each company allowed one store per country, except for UK companies which are limited to one store.

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