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View all search resultsTikTok had been forced to close its relatively new e-commerce service, TikTok Shop, in Indonesia after the country banned online shopping on social media platforms last year, citing the need to protect smaller merchants and users' data.
Ministers have repeatedly said that e-commerce sellers using predatory pricing on social media platforms are threatening offline markets in Indonesia, with some officials specifically citing the video platform TikTok as an example.
The SMEs minister has denied suggestions that the government planned to ban the highly popular social media platform, though he said if there was one, it would be designed to protect local SMEs against unfair competition.
The cooperatives and SMEs minister has raised fears over TikTok expanding into digital sectors beyond video sharing and potentially threaten the country's small businesses, which form the backbone of the national economy.
E-commerce platform Shopee has restricted 13 product categories, mostly Muslim fashion products, to shield local sellers from foreign competitors, potentially unlocking a nearly Rp 300 trillion market for such sellers.
The government will hold a three-week bootcamp for 30 selected startups that can provide services like supply chain and finance management for small and medium enterprises (SME) as it aims to increase digitalization among the small businesses.
Cooperatives and Small and Medium Enterprises Minister Teten Masduki said during the launch of a mentoring program on Thursday 40,000 micro, small and medium enterprises (MSMEs) across 18 provinces nationwide would be assisted.
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