Sources detail how TikTok quickly struck a deal with GoTo to buy a ~75% stake in Tokopedia, letting TikTok restart TikTok Shop in Indonesia in December 2023 (New York Times)

Posted on October 30, 2024
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New York Times:
Sources detail how TikTok quickly struck a deal with GoTo to buy a ~75% stake in Tokopedia, letting TikTok restart TikTok Shop in Indonesia in December 2023 — Agata Pinastika Kenastuti’s children’s clothing shop in Jakarta, Indonesia, was full of inventory when TikTok Shop shut.

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