Social media app TikTok has struck a joint venture deal with Indonesian tech giant GoTo to restart its online shopping business in the country.
The firm, owned by China’s Bytedance, plans to invest over $1.5bn (£1.2bn) in the long-term in Indonesia’s biggest e-commerce platform Tokopedia.
In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia’s largest economy.
TikTok has around 125 million users in Indonesia.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#TikTok #Indonesia #BBCNews
ROMA (ITALPRESS) – Non solo teoria, ma esperienza concreta. In occasione della Giornata europea della sicurezza stradale, il vicepremier e…
ROMA (ITALPRESS) – “Le competenze, l’innovazione e il Made in Italy sono i 3 pilastri che definiscono la competitività del…
PALERMO (ITALPRESS) – Approvato in Prima Commissione all’Ars un emendamento per sostenere le imprese nel contrasto al caro carburanti. Lo…
PALERMO (ITALPRESS) – Fondazione Teatro Massimo e Fondazione Sicilia rinnovano la partnership strategica. Nasce il biglietto unico per visitare il…