World News
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia on December 11, 2023 at 8:50 am
ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there. TikTok is putting up $1.5 billion in a new joint venture that will bring Tokopedia, the e-commerce unit of the Indonesian tech […]
© 2023 TechCrunch. All rights reserved. For personal use only.
ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there. TikTok is putting up $1.5 billion in a new joint venture that will bring Tokopedia, the e-commerce unit of the Indonesian tech
© 2023 TechCrunch. All rights reserved. For personal use only.