2023-12-12
Indonesia's GoTo group is set to become the biggest winner from the Indonesian Government's ban of TikTok Shop as TikTok is set to invest USD 1.5 billion for a controlling stake in Tokopedia. (1/7) [image]
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...