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ByteDance slides around Indonesian social commerce ban with $1.5 billion buy

Tuesday December 12, 2023. 06:58 AM , from TheRegister
Takes huge stake in local superapp Tokopedia, for the good of the small business community
A mere two-and-a-half months after Indonesia imposed a ban on social commerce, made-in-China social media giant TikTok and local super-app company GoTo have announced a 'strategic e-commerce partnership' in a form that appears to evade the ban.…
Read more at TheRegister
https://go.theregister.com/feed/www.theregister.com/2023/12/12/bytedance_tokopedia_deal/

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