Skip to main content

Your privacy choices

We use cookies for necessary site functions and — only with your consent — for analytics and advertising. You can accept all, keep only what's necessary, or choose per category.

Cookie categories
Skip to content

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there.

1 min read
XFacebookLinkedIn
TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia

ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route to get there. TikTok is putting up $1.5 billion in a new joint venture that will bring Tokopedia, the e-commerce unit of the Indonesian tech […] © 2023 TechCrunch. All rights reserved. For personal use only.

Related stories