Published
Social media app TikTok has struck a joint venture deal with Indonesian tech giant GoTo to restart its online shopping business in the country.
The firm, owned by China's Bytedance, plans to invest over $1.5bn (£1.2bn) in the long-term in Indonesia's biggest e-commerce platform Tokopedia.
In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia's largest economy.
TikTok has around 125 million users in Indonesia.
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#TikTok #Indonesia #BBCNews
The firm, owned by China's Bytedance, plans to invest over $1.5bn (£1.2bn) in the long-term in Indonesia's biggest e-commerce platform Tokopedia.
In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia's largest economy.
TikTok has around 125 million users in Indonesia.
Subscribe here: http://bit.ly/1rbfUog
For more news, analysis and features visit: www.bbc.com/news
#TikTok #Indonesia #BBCNews
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