TikTok set to restart e-commerce in Indonesia with $1.5 billion Tokopedia investment

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TikTok set to restart e-commerce in Indonesia with $1.5 billion Tokopedia investment

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cyu to

World News@lemmy.worldEnglish · 1 year ago

cross-posted to:
[email protected]

China's TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that appears to allow it to restart its online shopping business in Southeast Asia's largest economy.

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