TikTok CEO says to invest billions of dollars in Southeast Asia
JAKARTA (Reuters) - Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few years, its CEO Shou Zi Chew said on Thursday.
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JAKARTA (Reuters) - Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few years, its CEO Shou Zi Chew said on Thursday.
JAKARTA (Reuters) -Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630 million - half of them under 30 - is one of TikTok's biggest markets in terms of user numbers, generating more than 325 million visitors to the app every month. But the platform has yet to translate the large user base into a major e-commerce revenue source in the regi...
MYANMAR-POLITICS/INDONEIA (URGENT):Indonesia says foreign minister's planned visit to Myanmar not going ahead
By Reuters Staff 1 Min Read JAKARTA (Reuters) - Indonesian Foreign Minister Retno Marsudi will not travel to Myanmar to hold talks with the country’s military leaders following a military coup earlier this month, a spokesman for the foreign ministry said on Wednesday. “After taking into account the current development and the input of other ASEAN countries this is not the ideal time to conduct a visit to Myanmar,” Indonesian Foreign ministry spokesman Teuku Faizasyah told a news briefing. Reporting by Stanley Widanto; Writing by Kate Lamb; Editing by Ed Davies