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January 31, 2024 at 3:58 AM. JAKARTA (Reuters) - TikTok has completed its deal to take control of Indonesia's biggest e-commerce platform, which has allowed the Chinese social media giant to...
Indonesia banned goods transactions on social media platforms such as TikTok in a bid to protect small businesses from e-commerce competition, accusing them of predatory pricing.
Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video app TikTok, which is doubling down on Southeast Asia’s ...
On December 11, 2023, TikTok, operating under ByteDance, officially announced the acquisition of 75% of Tokopedia's shares. This investment is valued at 1.5 billion US dollars, or around 23.4 trillion Indonesian Rupiah.
TikTok, whose mainland Chinese counterpart is Douyin, is a short-form video hosting service owned by Chinese internet company ByteDance.It hosts user-submitted videos, which can range in duration from three seconds to 60 minutes.
Indonesia has dealt a critical blow to TikTok's bold plan to turn millions of users into shoppers. On Wednesday, TikTok, which is owned by the Chinese technology firm ByteDance, suspended...
Indonesia. On 3 July 2018, TikTok was temporarily banned in Indonesia after the government accused it of promulgating "pornography, inappropriate content, and blasphemy."
JAKARTA (Reuters) -China's TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that appears to allow it to restart its online...
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7] Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
TikTok has been holding talks with Indonesian e-commerce companies about possible partnerships, an Indonesian minister said on Monday, a month after Southeast Asia's largest economy banned...