The Evolution and Regulation of Social Commerce in Indonesia: The TikTok Shop Ban dailysocial.id - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailysocial.id Daily Mail and Mail on Sunday newspapers.
In major blow to TikTok, Indonesia bans e-commerce transactions on social media inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Indonesia has banned e-commerce transactions on social media platforms, the trade minister said on Wednesday, in a blow to short video app TikTok, which is doubling down on Southeast Asia’s biggest economy to boost its e-commerce business.
The new regulation also requires e-commerce platforms in Indonesia to set a minimum price of $100 for certain items that are directly purchased from abroad, according to the regulation document reviewed by Reuters, and that all products offered should meet local standards.