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Marcos partners with Tiktok for small-scale sellers, entrepreneurs

November 18, 2023
in News
Marcos partners with Tiktok for small-scale sellers, entrepreneurs
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(UPDATE) PRESIDENT Ferdinand Marcos Jr. partnered with social media platform TikTok for “edutainment,” a combination of education and entertainment, to help small-scale sellers and entrepreneurs, particularly with the country’s 50 million users.

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During his meeting with TikTok Chief Executive Officer Shou Zi Chew at the sidelines of the Asia-Pacific Economic Cooperation Summit in San Francisco, California, Marcos said he wanted TikTok to train local sellers, particularly those in the rural areas, to promote their products.

The President noted the popularity of TikTok among its users and agreed with Chew on how to train local sellers and promote their products through the platform.

“We want to give more resources and highlight and train the local sellers in the more rural parts of the country because that’s one thing interesting on the platform. What we want to do is highlight local products, especially from smaller [sellers],” Chew told Marcos.

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“We have a lot of this in Vietnam, a lot of this in Indonesia, a lot of this in Malaysia, a lot of this … and highlight that, give it a platform to sell around the country and export around the world. That’s the plan,” he added.

Chew said they were very excited about two projects under “edutainment,” with more inclusivity for smaller sellers nationwide.

But with 50 million people on the platform, he said its safety was important to TikTok because it was for creativity and entertainment.

“So, we want to keep it at that. [The] rules that keep people civil and keep the platform safe. So, we have community guidelines like no violence, no [to] sexual abuse material, we have all these guidelines, and we have a team of people who moderate content,” Chew said.

“So, if there’s anything that crosses the guidelines, we will moderate. And we have [a] local representative who is working very closely with one of the regulators as well. We get feedback and move very quickly if there is something that we spot is violated on the platform, and that’s something that we take extremely seriously,” he added.

Marcos agreed with Chew, saying it is quite difficult to differentiate between what is just a strong opinion and what is considered fake news.

“But just the differences in opinion and how they’re expressed, that sometimes is very hard to determine whether you … where is it excessive and where is it acceptable, but I suppose you have all the rules and … that you need to do that,” the President said.

“Because TikTok, I mean from the beginning, was quite really just a very lighthearted platform, but then just because of its popularity, like, for example, for someone like me who’s in politics, if you’re talking to 50 million people, then I need to be part of that conversation…So, it’s inevitable… the many sides, multi-faceted side will come in,” he added.

TikTok is a short-form video hosting service developed by ByteDance, a Beijing-based company incorporated in the Cayman Islands.

The video hosting service was introduced to the Philippines during its international launch in May 2017, and in April last year, the company launched TikTok Shop, TikTok’s e-commerce section where users can browse and purchase products they see in videos on their feeds.

TikTok sees Southeast Asia as its biggest emerging market outside the United States, with its 325 million monthly active users covering nearly half the region’s population.

Last year, TikTok Shop’s GMV in Southeast Asia was $4.4 billion, a fraction of the region’s e-commerce GMV of $131 billion that year.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : The Manila Times – https://www.manilatimes.net/2023/11/18/news/marcos-partners-with-tiktok-for-small-scale-sellers-entrepreneurs/1920420

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