“TikTok has committed to speculate over $1.5 billion in the enlarged entity over time, to provide future funding required by the enterprise, with out extra dilution to GoTo,” the statement added. “As a half of the settlement, Tokopedia and TikTok Shop Indonesia’s companies will be combined under the prevailing PT Tokopedia entity,” the firms stated in a press release. Indonesia is doubtless considered one of the biggest e-commerce markets on the earth for TikTok.
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