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TikTok restarts e-commerce in Indonesia with US$1.5 billion investment in GoTo Gojek Tokopedia unit

TikTok will buy 75 per cent of Indonesia’s biggest e-commerce platform after a new rule in October effectively forced the social media giant to close its own online shopping service in the country. ....

Maximilianus Nico Demus , Temasek Holdings , Bain Co , South China Morning Post , Pilarmas Investindo , Tiktok Shop , Southeast Asian , Tiktok Shop , Goto Gojek Tokopedia ,

TikTok may ban links of Amazon, other e-commerce websites in the US, ET Retail

ByteDance s TikTok Shop plans to ban links of e-commerce platforms like Amazon, forcing US users to use TikTok Shop. TikTok Shop is expected to lose over $500 million in the US this year, but aims to exceed $10 million in daily spending by the end of 2023. New York City has banned TikTok on city-owned devices, while a federal judge stopped the ban in Montana. ....

New York , United States , Tiktok Shop , York City , Southeast Asia , Tiktok Shop , Tiktok Users , E Commerce , Online Retail Platform ,