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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...
December 11, 2023 at 2:51 AM. By Ananda Teresia. 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...
TikTok now seems to have found a way to revive its e-commerce dreams in Indonesia by spending billions to start a joint venture with Indonesian tech giant GoTo.
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.
Lazada Singapore Pte. Ltd. Website. www .lazada .com. Lazada Group ( Chinese: 來贊達; t/a Lazada) is an international e-commerce company and one of the largest e-commerce operators in Southeast Asia, with over 10,000 third-party sellers as of November 2014, and 50 million annual active buyers as of September 2019.
temu .com. Launched. September 2022. Whaleco Technology Limited, [8] doing business as Temu, is an online marketplace operated by the Chinese e-commerce company PDD Holdings. [7] [9] It offers heavily discounted consumer goods [10] which are mostly shipped to consumers directly from China. [11] [12]
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...
Drop shipping is a form of retail business in which the seller accepts customer orders without keeping stock on hand. Instead, in a form of supply chain management, the seller transfers the orders and their shipment details either to the manufacturer, a wholesaler, another retailer, or a fulfillment house, which then ships the goods directly to ...
Indonesian tech firm GoTo and Chinese-owned partner TikTok will be wholly compliant in a month and a half with the Southeast Asian nation's regulation that bans in-app transactions on social...
JAKARTA (Reuters) - Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia's government, state news agency Antara reported, citing the deputy trade minister.