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TikTok set to restart e-commerce in Indonesia with $1 5bln Tokopedia investment

TikTok set to restart e-commerce in Indonesia with $1 5bln Tokopedia investment
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TikTok is investing $1 5 billion to get back into online shopping in Indonesia

Jakarta China’s TikTok will invest $1.5 billion to become controlling shareholder of an e-commerce unit of Indonesia’s GoTo Gojek Tokopedia, as it seeks to restart its online shopping business suspended by regulators in Southeast Asia’s largest economy.

Jawa tengahJakarta rayaMaximilianus nico demusGojek tokopediaTemasek holdingsBain coGoto gojek tokopediaSoutheast asiaPilarmas investindoSoutheast asianSingapore headquartered sea

TikTok set to restart e-commerce in Indonesia with US$1 5 billion Tokopedia investment

JAKARTA: China's TikTok has agreed to spend US$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 shopping business in Southeast Asia's largest economy. It also said it will invest further in the business, Tokopedia, which

United statesUnited kingdomJakarta rayaPatrick walujoBain coTemasek holdingsSoutheast asiaTiktok shopTok shopSingapore headquartered sea

Tokopedia deal: TikTok is investing $1 5 billion in GoTo to get back into online shopping in Indonesia

Jakarta China’s TikTok will invest $1.5 billion to become controlling shareholder of an e-commerce unit of Indonesia’s GoTo Gojek Tokopedia, as it seeks to restart its online shopping business suspended by regulators in Southeast Asia’s largest economy.

Jawa tengahJakarta rayaGojek tokopediaMaximilianus nico demusBain coTemasek holdingsGoto gojek tokopediaSoutheast asiaPilarmas investindoSoutheast asianSingapore headquartered sea

TikTok set to restart e-commerce in Indonesia with $1 5 bln Tokopedia investment

TikTok set to restart e-commerce in Indonesia with $1 5 bln Tokopedia investment
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

United kingdomUnited statesJakarta rayaPatrick walujoBain coTemasek holdingsSoutheast asiaTiktok shopTok shopSingapore headquartered sea