Kuaishou Technology, the owner of the Chinese social media and video sharing app of the same name, plans to file for an initial public offering on the Hong Kong Stock Exchange within the coming weeks, according to South China Morning Post (SCMP).
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With the financial stress of the ongoing Coronavirus pandemic still at the forefront of everyone’s mind and wallets, rising popularity in thrifting TikTok videos highlight the benefits of shopping secondhand.
With each swipe, TikTok has served as an entertaining way for users to watch time pass by in quarantine, becoming an outlet for users to show off their unique talents and interests with high hopes of “going viral.” Equipped with a tailored “For You” page concocted by TikTok’s algorithm; fashion lovers everywhere are finding their feeds flooded with trendy thrift shop finds at a fraction of retail prices.
Read MoreOn the 20th of September, the wildly popular Tiktok app was officially banned following an official statement by the government.
Read MoreThe second that you enter your information online, you relinquish your rights to privacy. Every online platform has the means to collect, store, and sell the data and information collected from you. By engaging with these platforms, we are subject to market research, data analysis, and the use of our personal information for advertisement and sales purposes. Essentially, privacy in terms of the internet is an oxymoron.
Read MoreTikTok, a Beijing-based video-sharing social network service, has recently become one of the most downloadable apps in the world.
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