GoTo Group

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

  • Acquisition is driven by Indonesia's ban on online shopping through social media platforms
  • TikTok will assume control of Tokopedia, GoTo’s e-commerce unit, during a pilot period in consultation with regulators
By Reuters ·