[Featured Stock] Cafe24 'Surges'... Effect of TikTok Channel Launch?
![[Featured Stock] Cafe24 'Surges'... Effect of TikTok Channel Launch?](http://www.asiae.co.kr/news/img_view.htm?img=2022053008294485184_1653866984.jpg)
[Asia Economy Reporter Hwang Junho] On the 6th, Cafe24 showed strong performance in the stock market.
As of 10:30 AM that day, Cafe24 was trading at 13,850 KRW, up 16.39% from the previous day. The news that seems to have awakened the stock price, which had been quiet for the past three trading days, is that Cafe24 has launched a 'TikTok Channel.'
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Cafe24 opened the 'TikTok Channel' on the 6th, a service that supports online brands to easily and conveniently conduct short-form marketing. The TikTok Channel helps automatically link product information and advertising settings owned by online brands to TikTok. Online businesses can easily expose various products along with video content as much as they want with just a few clicks.
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