TikTok reports 120% year-over-year growth in TikTok Shop sales in the U.S. According to the platform, 83% of shoppers have discovered a new product, and 70% have found a new brand through TikTok Shop.

TikTok is testing Sub Space, a new feature for TikTok LIVE Subscriptions.

TikTok is reportedly planning to set up live streaming studios in major cities like Los Angeles for creators to livestream and sell products.

TikTok announced new product updates and policies for TikTok LIVE, its live streaming experiences for creators and brands.