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In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia's biggest economy.
TikTok Shop is an e-commerce feature of the video hosting service TikTok. Officially launched in September 2023, [ 1] the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover and purchase. [ 2] Daily sales averaged approximately US$ 7 million in October 2023.
December 11, 2023 at 2:51 AM. By Ananda Teresia. JAKARTA (Reuters) -China's TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that ...
Indonesia, Southeast Asia's largest economy, is home to some 125 million TikTok users, making it the platform's second largest market after the U.S. ByteDance bet big on the country, choosing it ...
The Indonesia omnibus law protests (previously known as omnibus bill protests and referred colloquially as the omnibus law protests or anti-omnibus law protests; Indonesian: unjuk rasa tolak omnibus law) were a series of demonstrations and civil disorder against Indonesia's Omnibus Law on Job Creation which was passed on 5 October 2020 as well ...
TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles. [12] It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).
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Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia's government, state news agency Antara reported, citing the deputy trade minister. In September, Indonesia ...