TikTok to invest US$1.5bil in Indonesia shop pact with GoTo Group TikTok to invest US$1.5bil in Indonesia shop pact with GoTo Group
TUESDAY, DECEMBER 12, 2023
ByteDance Ltd's TikTok has agreed to invest US$1.5 billion in a joint venture with Indonesia's GoTo Group, marking a significant step towards restarting its shopping app in the largest online retail market.