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
https://lnkd.in/g6FC2myN Fabian Moa / Fabian Moa, CFA, FRM, CTP, FMVA, AFM : The recent strategic alliance between GoTo and TikTok presents a fascinating blend of opportunities and risks for investors. … Sheji Ho : So now all 3 major ecommerce platforms in Indonesia — Shopee, Lazada, and Tokopedia — controlled by Chinese companies? Jeremy Ang C. H. : Thoroughly thrilled about this... TikTok X GoTo Group. It's only the start of the week and ideas are already kicking sparks. Let's take this to the next stage! … Rudy A. Dalimunthe : Another big milestone for all of us and exquisite way to wrap up 2023. Let's continue a big giant steps in growing Indonesian SMEs and local products! …