Jim Cramer: Shopify Is Up Too Much

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Shopify  (SHOP) - Get Report and TikTok are partnering in a move that could help over one million and run campaigns on the short-video platform.

Through the program, merchants can create campaigns, target audiences, and track performance in one place. They will also be able to install or connect their TikTok Pixel with a click of a button.

The channel is now available in the U.S., and will become available in other North American markets, Europe and Southeast Asia in early 2021, TikTok said in a statement.

TikTok noted a recent study found that 88% of its users said they discover new content they enjoy while using the app, and about half said they discover new products through advertisements posted by a product or brand.

TikTok said it will start testing new commerce features that make it easier for users to discover Shopify merchants and shop their products within the app.

"The TikTok channel means Shopify merchants - even those without a strong TikTok following of their own yet - can connect with these new audiences using content that feels authentic and genuine to the TikTok experience,” Satish Kanwar, Shopify's vice president of product, said in a statement.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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