TikTok Shop is outperforming Shein and Sephora among US shoppers online [Business Insider]
Qurate Retail, Inc. - Series A (QRTEA)
Last qurate retail, inc. - series a earnings: 2/25 04:30 pm
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Source: Business Insider
A new consumer trends report found that 45% of surveyed Americans have bought something on TikTok. TikTok Shop has surpassed retail giants Shein and Sephora in the online battle for US shoppers. A 2025 consumer trends report by Coefficient Capital and The New Consumer's Dan Frommer analyzed how Americans' spending habits could affect certain brands. The research included 11 surveys of over 3,000 US consumers. The company conducted its most recent survey this month. TikTok Shop launched in September 2023 , making it a relatively new online retailer compared to its peers. However, the consumer trends report said 80% of surveyed Americans who use TikTok at least once a month are aware of TikTok Shop, signaling the retailer's growing reach. That reach has helped TikTok overtake retailers like Sephora, Shein, and Qurate in US consumer spending for the third financial quarter, according to the trends report. Sephora and Shein are two popular online retailers in the United States,
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QRTEA
News
- Qurate Retail, Inc. (NASDAQ: QRTEA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- TikTok Shop is outperforming Shein and Sephora among US shoppers online [Yahoo! Finance]Yahoo! Finance
- Qurate Retail, Inc. (NASDAQ: QRTEA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Elegant, Festive Hanukkah Décor Ideas For 2024 [Forbes]Forbes
- Qurate Retail, Inc. Transfers Equity Listing to the Nasdaq Capital Market [Yahoo! Finance]Yahoo! Finance
QRTEA
Earnings
- 2/28/24 - Beat
QRTEA
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/11/24 - Form 4
- QRTEA's page on the SEC website