Tag: Tokopedia
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Indonesia Lifts TikTok License Suspension as App Shares Data
Indonesia lifted its suspension of TikTok's local operating license after the social media platform shared data requested by the government about recent protests, the Ministry of Communication and Digital Affairs said. Indonesia has the second-largest audience on TikTok, owned by China's ByteDance, ...
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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 ...
WEEK IN REVIEW: Sino-Australian Joint Venture to Develop Africa’s Largest Mine in Guinea Edges Closer
The Sino-Australian joint venture to develop Africa's largest mine in Guinea edged closer to reality on Wednesday when Rio Tinto's board approved $6.2 billion for the project. Next, a consortium of Chinese partners must get their boards to do the same to build the mine, rail, and port ...
TikTok Finds Its Way Back Into Indonesia’s Booming E-Commerce Market
Chinese-owned TikTok announced on Monday that it is taking over 75% stake in Tokopedia, the Indonesian e-commerce unit of GoTo’s super-app ecosystem. The company said that it will spend a total of $1.5 billion and that the transaction will be completed by the first quarter of ...
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
Indonesia Lifts TikTok License Suspension as App Shares Data
Indonesia lifted its suspension of TikTok's local operating license after the social media platform shared data requested by the government about recent protests, the Ministry of Communication and Digital Affairs said. Indonesia has the second-largest audience on TikTok, owned by China's ByteDance, ...
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 ...
WEEK IN REVIEW: Sino-Australian Joint Venture to Develop Africa’s Largest Mine in Guinea Edges Closer
The Sino-Australian joint venture to develop Africa's largest mine in Guinea edged closer to reality on Wednesday when Rio Tinto's board approved $6.2 billion for the project. Next, a consortium of Chinese partners must get their boards to do the same to build the mine, rail, and port ...
TikTok Finds Its Way Back Into Indonesia’s Booming E-Commerce Market
Chinese-owned TikTok announced on Monday that it is taking over 75% stake in Tokopedia, the Indonesian e-commerce unit of GoTo’s super-app ecosystem. The company said that it will spend a total of $1.5 billion and that the transaction will be completed by the first quarter of ...