The Tech Strategy Podcast cover image

3 Strategy Lessons from My Visit to ByteDance (169)

The Tech Strategy Podcast

00:00

Three Lessons I Learned From Myself

In 2022 in China, TikTok had over 200 billion dollars of GMV. Outside of China, which will follow, they're probably 20 to 30 billion. I have underestimated how different e-commerce is when you go from e-commerce based on consumer intent versus e- commerce based on user interest. This has been happening in China for a couple years and it's going to happen to TikTok outside of China. It's already starting to happen. And the numbers in China are pretty spectacular.

Play episode from 19:18
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app