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2. TikTok set to restart e-commerce in Indonesia with $1.5 ... - AOL

   www.aol.com/news/tiktok-invest-1-5-billion...

   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 ...

3. TikTok completes deal for Indonesia's top e-commerce platform

   www.aol.com/news/tiktok-completes-deal-indonesia...

   TikTok has completed its deal to take control of Indonesia's biggest e-commerce platform, which has allowed the Chinese social media giant to restart for its online shopping business in the country.

4. TikTok is spending $1.5 billion on a joint venture to solve ...

   www.aol.com/finance/tiktok-spending-1-5-billion...

   The shopping features within the TikTok app in Indonesia will be operated and maintained by the enlarged entity,” TikTok said in a statement Monday. TikTok will invest over $1.5 billion into ...

5. TikTok Shop - Wikipedia

   en.wikipedia.org/wiki/TikTok_Shop

   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.

6. TikTok - Wikipedia

   en.wikipedia.org/wiki/TikTok

   A new subsidiary, TikTok U.S. Data Security Inc. (USDS), was created to manage user data, software code, back-end systems, and content moderation. It would report to the Committee on Foreign Investment in the United States (CFIUS), not ByteDance or TikTok, even for hiring practices.

7. GoTo (Indonesian company) - Wikipedia

   en.wikipedia.org/wiki/GoTo_(Indonesian_company)

   To comply with the local regulations, starting October 2023, TikTok suspended their TikTok shop operation in Indonesia, while still continuing their social media operations. Ministry of Cooperatives and SMEs further said that TikTok should establish a legal entity in Indonesia, and acquire a permit to operate e-commerce, in accordance to ...

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9. TikTok pledged to invest billions in Indonesia and Southeast ...

   www.aol.com/finance/tiktok-pledged-invest...

   The social media giant TikTok puts a pause on TikTok Shop, its online retail operation, in Indonesia to comply with new government restrictions. TikTok pledged to invest billions in Indonesia and ...