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JAKARTA: China's TikTok has agreed to spend US$840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that appears to allow it to restart its online shopping business in Southeast Asia's largest economy. It also said it will invest further in the business, Tokopedia, which
TikTok has entered a strategic partnership with Indonesian ecommerce firm GoTo that gives TikTok a controlling stake in Tokopedia.
TikTok is coming to Indonesia -- but don't panic just yet.
ByteDance Ltd. s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia s GoTo Group that it will control, part of a pact that lets th...
TikTok is coming to Indonesia -- but don't panic just yet.