11 December 2023

TikTok to invest $1.5B in a joint venture with Indonesia's GoTo, aiming to address regulatory concerns so that TikTok can revive its shopping service there (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg:
TikTok to invest $1.5B in a joint venture with Indonesia's GoTo, aiming to address regulatory concerns so that TikTok can revive its shopping service there  —  - Chinese firm will combine its shopping business with GoTo unit  — TikTok has used Indonesia as template for global shopping push

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