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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 ...
TikTok has completed its deal to take control of Indonesia's biggest e-commerce platform, which has allowed the Chinese social media giant to restart for its online shopping business in the country.
Indonesia, Southeast Asia's largest economy, is home to some 125 million TikTok users, making it the platform's second largest market after the U.S. ByteDance bet big on the country, choosing it ...
TikTok Shop. TikTok Shop is an e-commerce feature of the video hosting service TikTok. Launched in November 2022, [1] the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover. Users have the option to purchase these products, which are available for a price.
GoTo (25%) TikTok (75%) Website. tokopedia .com. PT Tokopedia is an Indonesian e-commerce company. [2] Tokopedia is a subsidiary of a new holding company called GoTo, following a merger with Gojek on 17 May 2021. [3] [4] It is one of the most visited e-commerce platforms in Indonesia. [5] Tokopedia is one of Indonesia's unicorn companies ...
TikTok, whose mainland Chinese counterpart is Douyin, [a] [3] 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. [4] It can be accessed with a smart phone app .
In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia's biggest economy. TikTok Shop Indonesia to reopen after $1.5bn deal Skip to main content
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. In September, Indonesia ...