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Under the deal, TikTok, which is owned by China's ByteDance, will buy 75.01% of Tokopedia and inject TikTok Shop's Indonesia business into the enlarged Tokopedia entity.
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.
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 ...
TikTok Shop. TikTok Shop is an e-commerce feature of the video hosting service TikTok. Launched in November 2022, [1] the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover. Users have the option to purchase these products, which are available for a price.
GoTo (Indonesian company) PT GoTo Gojek Tokopedia Tbk, [6] trading as GoTo, is an Indonesian technology company. The company was formed in 2021 in a merger — the largest in the country at that time between Indonesia's two most valuable startups, ride-hailing giant Gojek and e-commerce firm Tokopedia.
In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia's biggest economy.
GoTo (25%) TikTok (75%) Website. tokopedia .com. PT Tokopedia is an Indonesian e-commerce company. [2] Tokopedia is a subsidiary of a new holding company called GoTo, following a merger with Gojek on 17 May 2021. [3] [4] It is one of the most visited e-commerce platforms in Indonesia. [5] Tokopedia is one of Indonesia's unicorn companies ...
TikTok and YouTube are considering joining Meta in applying for e-commerce licenses in Indonesia after Southeast Asia's largest economy banned online shopping on social media platforms, people ...
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