TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

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TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there. TikTok is putting up $1.5 billion in a new joint venture that will bring Tokopedia, the e-commerce unit of the Indonesian tech […]

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TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

2023-12-11 22:04

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