TikTok Shop, launched in September 2023, has become an e-commerce behemoth as its platform edges toward leaving the U.S. On Black Friday, TikTok Shop tripled its sales from the previous year, bringing in more than $100 million in just one day.
But a new law requires the app's parent company to sell it or be banned in the U.S., which TikTok says could happen by Jan. 19. The Chinese-based app hasn't had much luck so far convincing the courts to let it remain in the U.S. On Monday, it asked the Supreme Court to weigh in.
