Ecommerce platform TikTok Shop, which saw a 363% boom in gross merchandise value (GMV) in 2022 to reach $4.4 billion, could improve logistics capabilities by either building its own fleet or partnering with or acquiring firms that have existing logistics assets.

The ByteDance-owned platform currently depends on logistics firms like J&T Express and Ninja Van, but competitors like Shopee, Lazada, and Tokopedia all benefit from running their own logistics operations.