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Indonesia s e-commerce transaction bloom | World | Vietnam+ (VietnamPlus)

Indonesia s e-commerce transaction bloom | World | Vietnam+ (VietnamPlus)
en.vietnamplus.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.vietnamplus.vn Daily Mail and Mail on Sunday newspapers.

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TikTok to invest 1 5 billion USD in Indonesia s GoTo group

TikTok to invest 1 5 billion USD in Indonesia s GoTo group
indonesiatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indonesiatribune.com Daily Mail and Mail on Sunday newspapers.

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TikTok to invest 1 5 billion USD in Indonesia s GoTo group

Chinese short-video platform TikTok on December 11 announced an investment of 1.5 billion USD in GoTo technology firm of Indonesia following an agreement to restart its shopping app in the Southeast Asian country.

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TikTok to Spend $1 5 Billion Taking Over GoTo s Indonesia Shop

(Bloomberg) ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market.Most Read from BloombergBitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward $40,000Biden’s Support of Israel Alienates More Democrats in New PollPenn Leaders Out After Genocide Response, Alumni PressureBattery Startup ONE Demotes Founder and CEO Durin

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TikTok Pumps $1 5B Into Indonesia s GoTo Group To Revive Shopping App

TikTok will retain a dominant 75% stake in this new entity, which will manage the shopping features of TikTok's social media app in Indonesia.

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