Despite the arrival of new competitors and growing political tensions between the US and China, the ecommerce juggernaut Temu proved in 2024 itβs here to stay.
Frank McCourt says his bid for TikTok is part of a broader mission to move millions of people to healthier online platforms. βI compare this to large-scale, human physical migration.β
The Supreme Court, president-elect Donald Trump, or an American buyer could still intervene to save the video platform, which is used by some 170 million Americans.