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TikTok plans to invest $1.5B in a joint venture with GoTo, aiming to comply with regulations in Indonesia so that TikTok can restart its shopping serv


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2023-12-11 03:30:45
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Cybersecurity Business , Policy / Governance

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Olivia Poh / Bloomberg:

TikTok plans to invest $1.5B in a joint venture with GoTo, aiming to comply with regulations in Indonesia so that TikTok can restart its shopping service there  —  - Chinese firm will combine its shopping business with GoTo unit  — TikTok has used Indonesia as template for global shopping push




Olivia Poh / Bloomberg:

TikTok plans to invest $1.5B in a joint venture with GoTo, aiming to comply with regulations in Indonesia so that TikTok can restart its shopping service there  —  - Chinese firm will combine its shopping business with GoTo unit  — TikTok has used Indonesia as template for global shopping push



Source: TechMeme
Source Link: http://www.techmeme.com/231210/p10#a231210p10


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