TikTok-Tokopedia consolidation could change the game for GoTo, say analysts

TikTok-Tokopedia consolidation could change the game for GoTo, say analysts

TikTok app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration

A day after announcing a $1.5-billion commitment to GoTo’s e-commerce unit Tokopedia, TikTok Shop officially resumed operations in Indonesia on Tuesday, coinciding with the National Online Shopping Day, or Harbolnas.

Edited by: Joymitra Rai

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