TikTok deepens Vietnam commerce bet with US$980M logistics project in Ho Chi Minh City

TikTok’s ambitions in Vietnam are moving beyond short videos and livestream shopping into the less glamorous, but more decisive, world of logistics. Tokgistic Pte. Ltd., a Singapore-registered affiliate of TikTok, will invest US$980 million in a new logistics project in Ho Chi Minh City, according to a statement from the city’s Department of Finance. The […] The post TikTok deepens Vietnam commerce bet with US$980M logistics project in Ho Chi Minh City appeared first on e27.