Search results
Results from the WOW.Com Content Network
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.
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...
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...
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.
en.wikipedia.org
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...
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...
TikTok said on Monday it agreed to spend $840 million to buy most of GoTo's e-commerce unit Tokopedia after Indonesia banned online shopping on social media platforms in September, citing the...