TikTok to buy $1.5 billion majority stake in Indonesia’s biggest e-commerce platform Tokopedia

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TikTok is gearing up for a comeback in the Indonesian e-commerce scene with a $1.5 billion investment in Indonesia’s biggest e-commerce platform Tokopedia. TikTok, owned by China’s ByteDance, announced on Monday that it will spend $840 million to acquire a
The post TikTok to buy $1.5 billion majority stake in Indonesia’s biggest e-commerce platform Tokopedia first appeared on TechStartups.

TikTok is gearing up for a comeback in the Indonesian e-commerce scene with a $1.5 billion investment in Indonesia’s biggest e-commerce platform Tokopedia. TikTok, owned by China’s ByteDance, announced on Monday that it will spend $840 million to acquire a […]

The post TikTok to buy $1.5 billion majority stake in Indonesia’s biggest e-commerce platform Tokopedia first appeared on TechStartups.

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