News Snapshot:
Earlier this month, TikTok began advertising jobs for its foray into building a logistics and warehousing network in the US. The jobs included roles at global fulfillment centers in Seattle and Los Angeles, intended to feed the social media platform’s e-commerce ventures. But TikTok, China’s first truly global app, is only one part of the story. Beijing is pushing to transform China into a “logistics superpower” (link in Chinese), and tapping private firms like TikTok to help it achieve that ambition. Advertisement As Chinese e-commerce and tech giants muscle into the distribution and delivery space, they’re laying the groundwork of...