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Opinion 2 years ago
PREMIUM
Analysis: TikTok gets controlling stake in Tokopedia
Chinese tech firm ByteDance’s social media subsidiary TikTok has bought a controlling stake in Tokopedia, Indonesian tech company GoTo Gojek Tokopedia’s electronic commerce (e-commerce) platform. The corporate action led to the reentry of TikTok’s integrated online shopping service TikTok Shop after it was booted from Indonesia by a ministerial regulation that bans social commerce (s-commerce). The transaction looks set to be a major shift in the Indonesian online retail market, but it also raised concerns about foreign firms’ domination.
Companies 2 years ago
PREMIUM
Ministry reprimands TikTok over newly reopened TikTok Shop
The Cooperatives and Small and Medium Enterprises (SMEs) Ministry has issued a stern warning to video-streaming platform TikTok, demanding compliance with rules that prohibit social media platforms from offering e-commerce transactions.
Companies 2 years ago
Trade Minister support TikTok-Tokopedia collaboration: big benefits for SMEs
Trade Minister Zulkifli Hasan revealed that the government’s efforts to regulate e-commerce was realized by the steps taken by TikTok to collaborate with Tokopedia will result in big benefits for Indonesia.
Companies 2 years ago
GoTo Group pioneers inclusive digital platform with color blind-friendly features
Every Dec. 3, the International Day of Persons with Disabilities is celebrated to promote an understanding of disability issues and mobilize support for the dignity, rights and well-being of persons with disabilities.
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