TikTok becomes most popular online shopping platform of Thai youth
TikTok, an online video-sharing platform, has become the most popular online shopping platform among Thais aged up to 29, according to a survey conducted by the Trade Policy and Strategy Office (TPSO).
TikTok becomes the most popular online shopping platform of Thai youth. (Photo: thaipbsworld.com)
Bangkok (VNA) – TikTok, an online video-sharing platform, has become the most popular online shoppingplatform among Thais aged up to 29, according to a survey conducted by the Trade Pol😼icy and Strategy Office (TPSO).
Thesurvey was conducted among 4,699 respondents throughout the country. Theplatform has gained popularity as an online commerce platform among the youth, asit emphasises happiness and entertainment, so-called “Shoppertainment”, throughlive streams and short videos created by users and influencers. TPSO Director Poonpong Naiyanapakorn said shoppers aged between 50 and 59 still shoponline via Facebook, because they are familiar with the system and vendorsoffer competitive pricing. Theyalso prefer shopping via original e-commerce channels, such as Shopee andLazada, due to their strong shop and product management systems, as well astheir payment and refund systems. According to Poonpong, thesefeatures play an important role in increasing trust between sellers and buyers. Thesurvey found that young people shop frequently, but do not purchase expensivegoods. They prefer to buy through social commerce channels that focus onentertaining them and making them “happy”. Thisis in contrast to older shoppers, who prioritise the value and quality of goodsand services./.
TikTok, owned by China’s ByteDance, will halt e-commerce transactions on its app in Indonesia from October 4, after the Southeast Asian country imposed a ban on goods transactions on social platforms last week.
Violations of Vietnam's laws have been detected in TikTok's cross-border services in Vietnam after a comprehensive inspection of TikTok's activities in the country from May this year, the Ministry of Information and Communications (MIC) said at the monthly press conference on October 5.
Chinese short-video platform TikTok on December 11 announced an investment of 1.5 billion USD in GoTo technology firm of Indonesia following an agreement to restart its shopping app in the Southeast Asian country.
The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.
A technical issue combined with an extreme heatwave was blamed for a series of explosions at a military base that killed 20 soldiers and injured several others in Cambodia on April 27, the country’s Ministry of Defence said in a May 2 statement as reported by the Xinhua news agency.
The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
A lecturer from Chulalongkorn University’s Faculty of Medicine has warned Thais to be more vigilant against COVID-19, saying infection rates appeare to be worsening with higher hospital admissions, deaths and severe cases.
Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
Laos has officially restored the 10% value-added tax (VAT) rate starting May 1, in a bid to support the country’s budget revenue and socio-economic development.
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
TikTok becomes the most popular online shopping platform of Thai youth. (Photo: thaipbsworld.com) 
