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ByteDance Ltd.’s TikTok is in talks to invest into a unit of Indonesia’s GoTo Group, one of several options the Chinese company is weighing to try and restart its online shop in its biggest e-commerce market. The companies are working on a potential investment into GoTo’s online-retail unit Tokopedia, which…
Srettha Thavisin, a former property tycoon and a political newcomer, is set to take a shot at becoming Thailand’s next prime minister in a vote scheduled on Tuesday that may help resolve a monthslong political impasse.
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(Bloomberg) -- GoTo Group cut its 2023 loss projection after staunching some of the bleeding in the second quarter, taking the Indonesian internet leader closer to its goal of getting into the black after an era of costly expansion.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotOut of Options and Money, Argentina Pres
Besides tech, Beijing has been trying to revive its troubled property market, including announcing rules to ease down-payment and mortgage rates for first-home buyers.