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How the delivery app Fantuan grew its US presence to 50+ cities since 2019 by focusing on Asian cuisines, with an app design reminiscent of Chinese platforms (Alex Harring/CNBC)

Alex Harring / CNBC : How the delivery app Fantuan grew its US presence to 50+ cities since 2019 by focusing on Asian cuisines, with an a...

31 May 2025

Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg:
Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year  —  The Chinese social media giant is reducing staff across e-commerce teams including logistics, operations, marketing and warehousing …

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