TikTok to Invest $1.5 Billion in GoTo’s Tokopedia to Restart E-commerce Operations in Indonesia
China’s TikTok seeks to regain its foothold in Southeast Asia’s largest economy after its online shopping business was suspended by regulators. China’s popular short video app TikTok has announced plans to invest $1.5 billion in GoTo’s Tokopedia, Indonesia’s largest e-commerce platform. This move comes as TikTok aims to restart its online shopping business in Southeast…