TikTok operates the 2023 Global Market Treasure Book in Australia

Mondo International Updated on 2024-01-31

Shared todayTikTok operationsInformation ".TikTok Operations: 2023 Global Market Treasure Book - Australia Chapter

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Total material: 62 pages.

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Australia is one of the most developed and diverse economies in the world, with a diverse variety of wild animals and abundant coastal development. Australia is one of the most important economies in the world. At the end of 2017, Australia recorded the longest economic growth in a developed country. Australia has one of the top 10 per capita annual incomes in the world, at US$57,000. This is comparable to other developed economies such as Sweden ($59,540 each) and Ireland ($63,460 each), and not far behind the United States ($70,000 each). 36% of total retail sales in Australia come from Gen Z and Millennials. These two generations have not yet reached the highest level of income and consumption, so they are expected to account for half of Australia's total consumption by 2030.

In recent years, Australia has gradually moved towards cash and mobile payments. This process has been catalyzed by the new normal, and as the new normal emerges globally, the pace of mobile payments in Australia is getting faster and faster. Mobile payments are expected to grow steadily in the coming years and will play an even more important role in various trading activities in Australia.

Total material: 62 pages.

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