2023-12-12
A successful tie-up with a savvy local operator could provide a model for TikTok as it pursues expansion in other SEA markets such as Malaysia, where the government has also signaled a willingness to review the influence of overseas players like TikTok. https://www.bloomberg.com/...
Bloomberg
TikTok plans to invest $1.5B and take a 75% stake in GoTo's e-commerce unit Tokopedia, part of a deal that lets TikTok restart its shopping service in Indonesia
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...
2023-12-11
A successful tie-up with a savvy local operator could provide a model for TikTok as it pursues expansion in other SEA markets such as Malaysia, where the government has also signaled a willingness to review the influence of overseas players like TikTok. https://www.bloomberg.com/...
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
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...