How do I get to TikTok shop? You can visit the official TikTok store. Once you’ve found the TikTok store you like, click on the “Shop” icon which is an image of a bag that appears on your main profile page. TikTok is a popular social network with over 800 million monthly active users. The app is very similar to Twitter, which was launched in 2006. In 2014, it was bought by ByteDance, the developer of the original app, Toutiao, a mobile app with news-like features.
In July 2019, TikTok announced that its parent tiktok shop company would be taken private.
In February 2020, TikTok announced that it has secured funding worth more than $US 1 billion, which will take the company through the rest of the year and make it more sustainable. The funding round was led by Goldman Sachs and DST Global.
In August 2018, TikTok had to temporarily suspend the use of microtransactions to the app and disable in-app purchases as some apps were caught performing unauthorized transactions in users accounts. In December 2018, it announced it would not return to the practice.
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