TikTok Shop-Ocalypse Hits Food Sellers as the Platform Cracks Down on Homemade Goods Like Freeze-Dried Candy
September 20, 2023
TikTok’s e-commerce platform, TikTok Shop, is cracking down on merchants who sell homemade food items, including freeze-dried candies, chamoy gummies, and crystal candies, citing a policy change made on Sept. 13. This move is affecting small business owners who have relied on TikTok Shop to drive sales of their homemade products. Some sellers have reported a sudden drop in sales, with one candy-maker expressing concern that this might lead to the end of their business.
Recent News
Top Deals for National Hamburger Day 2024
National Hamburger Day 2024 is just around the corner, falling on Tuesday, May 28.
Bass Pro Shops CEO Focuses on Affordability Amid Inflation
In response to the persistent inflation affecting the economy, Johnny Morris, the founder and CEO of Bass Pro Shops, has reaffirmed the brand’s commitment to affordability. With inflation currently at 3.4%, above the Federal Reserve’s 2% target, Morris acknowledged the reality of rising costs and emphasized that the hunting, fishing, and outdoor sporting brand will maintain its focus on delivering value to its customers.
European Central Bank Set To Cut Interest Rates Next Week
The European Central Bank (ECB) is poised to reduce interest rates in its upcoming meeting, marking a significant shift in monetary policy aimed at addressing the current economic landscape.
China Is Spending $47.5 Billion for Chip Industry
China is significantly bolstering its semiconductor industry with a historic investment of $47.5 billion, reflecting its strategic push to become a global leader in advanced technology.