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TikTok acquires 75% of Tokopedia with USD 1.5 billion

TikTok, the popular short-video-sharing platform owned by ByteDance, has agreed to invest USD 1.5 billion for 75.01% of the controlling stake in Tokopedia, the e-commerce unit owned by the Indonesian tech conglomerate GoTo Group. GoTo will retain the other 24.99% stake. ....

United Kingdom , United States , Goto Group , Tiktok Shop , Tok Shop ,

TikTok acquires 75% of Indonesian tech company GoTo's ecommerce unit

TikTok, the popular short-video-sharing platform owned by ByteDance, has agreed to invest USD 1.5 billion for 75.01% of the controlling stake in Tokopedia, the e-commerce unit owned by the Indonesian tech conglomerate GoTo Group. GoTo will retain the other 24.99% stake. ....

United States , United Kingdom , Goto Group , Tiktok Shop , Tok Shop , Ojek Motor ,

JAKARTA Chinese-owned TikTok will invest more than $1.5 billion and take a majority stake in Tokopedia, the Indonesian superapp GoTo's e-commerce u ....

Jakarta Raya , Chinese Owned Tiktok , China Owned ,