TikTok takes controlling stake in Tokopedia, to pour $1.5b in merged biz (Update)

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The partnership would see the merged entity run and maintain the shopping features within TikTok’s app in Indonesia.

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TikTok takes controlling stake in Tokopedia, to pour $1.5b in merged biz (Update)

The partnership would see the merged entity run and maintain the shopping features within TikTok’s app in Indonesia.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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