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TikTok to invest US$1.5 billion in GoTo's Indonesia e-commerce business

JAKARTA :TikTok will take a controlling stake in an e-commerce unit of Indonesia's biggest tech firm PT GoTo Gojek Tokopedia, a partnership that will see the short video app invest US$1.5 billion over the long term, the two companies said on Monday.The deal comes after Indonesia in October banned online shopp
Jakarta Raya Neil Fullick Gojek Tokopedia Christopher Cushing Tiktok Shop Ananda Teresia

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