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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.
December 11, 2023 at 2:51 AM. By Ananda Teresia. JAKARTA (Reuters) -China's TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that ...
The social media giant TikTok puts a pause on TikTok Shop, its online retail operation, in Indonesia to comply with new government restrictions. TikTok pledged to invest billions in Indonesia and ...
TikTok Shop is an e-commerce feature of the video hosting service TikTok. Officially launched in September 2023, [1] the feature enables users interested in starting a business and generating income to upload their curated products on TikTok for others to discover and purchase. [2] Daily sales averaged approximately US$ 7 million in October 2023.
In July 7, 2024, Itel Philippines released a promo sale named "Piso Deal" selling an Itel A50 mobile phone for only 1 Philippine Peso on their livestream in their Tiktok Shop. This deal was supposed to be only grabbed by a single person but due to marketing mistake, Itel Philippines accidentally made the stocks for the said mobile phone 6,500 ...
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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 ...