social commerce ban Archives - The China-Global South Project

Indonesia Fines TikTok Over Late Tokopedia Acquisition Notice

Indonesia's antitrust agency has fined TikTok $900,000 for failing to notify regulators in time about its acquisition of e-commerce platform Tokopedia, an official said on Monday. TikTok, owned by China's ByteDance, completed an $840 million deal in January 2024 to acquire ...

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Indonesia Fines TikTok Over Late Tokopedia Acquisition Notice