'TikTok has saved Tokopedia from the fierce competition in Indonesian e-commerce'

'TikTok has saved Tokopedia from the fierce competition in Indonesian e-commerce'

Patrick Walujo, CEO of GoTo (left) speaks at the Indonesia PE-VC Summit 2024 with Joji Philip, Founder & Editor-in-Chief, DealStreetAsia

A month after Bytedance-owned TikTok acquired a 75% stake in Tokopedia, the e-commerce arm of IDX-listed GoTo, the Indonesian tech giant’s chief Patrick Walujo has opened up about the rationale behind the deal.

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