TikTok in talks to gain Indonesian payments licence
JAKARTA, 4th August 2023 – TikTok told Reuters it is in early-stage talks with regulators to obtain a payments licence in Indonesia, a move that would further its e-commerce ambitions in a major market at a time when it is under intensifying scrutiny in the…
TikTok to invest billions of dollars in Southeast Asia to boost e-commerce
JAKARTA, 15 June 2023 – Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security….