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Tokopedia Gets New President as Tiktok Officially Becomes Controlling Shareholder - Vimarsana News

Tokopedia Gets New President as Tiktok Officially Becomes Controlling Shareholder

PT GoTo Gojek Tokopedia (IDX: GOTO) announced the new CEO of Tokopedia following the completed transaction of TikTok's investment in the company.

TikTok completes deal for Indonesia's top e-commerce platform - Vimarsana News

TikTok completes deal for Indonesia's top e-commerce platform

TikTok has completed its deal to take control of Indonesia's biggest e-commerce platform, which has allowed the Chinese social media giant to restart for its online shopping business in the country. Indonesian tech conglomerate GoTo said on Wednesday that TikTok, owned by China's ByteDance, had completed a deal agreed in December to buy 75.01% of Tokopedia for $840 million from the conglomerate. TikTok had been forced to close its relatively new e-commerce service, TikTok Shop, in Indonesia afte

Source: aol.com
GoTo Announces Share Buyback Plan | Republika Online - Vimarsana News

GoTo Announces Share Buyback Plan | Republika Online

This is done along with GoTo's profitability direction and cash flow improvement.

GoTo hits positive adjusted EBITDA in Q4, completes transaction with TikTok - Vimarsana News

GoTo hits positive adjusted EBITDA in Q4, completes transaction with TikTok

GoTo Group CEO Patrick Walujo also hinted at a share buyback.

TikTok completes deal for Indonesia's top e-commerce platform - Technology - Vimarsana News

TikTok completes deal for Indonesia's top e-commerce platform - Technology

JAKARTA: TikTok has completed its deal to take control of Indonesia’s biggest e-commerce platform, which has allowed...