Indonesia mulls limiting foreign ownership in online marketplaces to 67%

Indonesia mulls limiting foreign ownership in online marketplaces to 67%

Shopping Online - from Freedigitalphotos.net Photo by Feelart. Image

Indonesian government is considering a proposal to limit foreign ownership to 67 per cent in online marketplace business such as Tokopedia and motorcycle taxi app Go-Jek, chairman of the Investment Coordinating Board (BKPM) said in press statement, last week.

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