TikTok, which is part of the ByteDance ownership structure, is investing $1.5 billion to become the controlling shareholder of the e-commerce unit of Indonesia’s GoTo Gojek Tokopedia.
TikTok is reportedly considering an investment into Tokopedia, a unit of Indonesia’s GoTo Group, to revive its e-commerce service in Southeast Asia’s largest retail market.
The Ministry of Commerce of Indonesia on Tuesday, September 26, announced that work is currently underway to create a regulatory framework for regulating processes in the sphere of e-commerce.
A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.
The media reports that TikTok is currently negotiating with regulators in Indonesia in order to obtain a payment license in this country.
The standalone GoPay app has officially launched in Indonesia, after being available as part of Gojek and Tokopedia apps
The media reports that India and Indonesia intend to combine their fast payment systems.
Bali authorities will be taking strict measures against tourists paying for goods and services with cryptocurrency
eFishery is building an aquatech ecosystem where fish and shrimp farmers in Indonesia could easily scale up their businesses, providing farmers with access to financing and an online feed marketplace
One of the largest e-commerce operators in Southeast Asia – Lazada – introduced a ChatGPT-powered chatbot called LazzieChat to help users optimize their shopping experience
The Indonesia-Malaysia cross-border QR code payment linkage launches to make instant retail payments, expand markets for local businesses, and facilitate increased settlements in local currency
Indonesian government delays launch of the controversial “crypto stock” exchange until risks are properly mitigated.
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