TikTok Revives E-Commerce Ambitions in Indonesia With New Local Partnership
A tieup with a savvy local operator could provide a model for TikTok as it pursues expansion in other markets.
Source: time.com
Page 10 - Patrick Walujo News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Patrick Walujo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Patrick Walujo Today - Breaking & Trending Today
Shares of GoTo soar afterTikTok mulls investment
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…
Source: businessmirror.com.ph
Editor's take: The week that was—Oct 30-Nov 4
Our news roundup gives you a comprehensive view of the most significant developments in the private markets in Asia in the week that went by.
Source: dealstreetasia.com
GoTo's Walujo faces tightrope walk balancing intense competition and profitability target
GoTo CEO Patrick Walujo is facing the test of managing heated competition from rivals, on one hand, and investor expectations on the other.
Source: dealstreetasia.com
GoTo reports big drop in quarterly losses, to invest in market growth
Indonesia's biggest tech firm PT GoTo Gojek Tokopedia will "prudently" make investment to maintain its market share.
Source: insideretail.asia