The deal would reshape the competitive landscape in the country and put rival Sea Group's e-commerce arm Shopee in a “tricky, defensive position", said an analyst.
How is Temu expanding into Southeast Asia?
TikTok Re-Enters Indonesian E-Commerce Market With $1.5bn
TikTok announces $1.5 billion deal to restart Indonesia online
TRD Issue 52 - Briefing: TikTok-Tokopedia Merger, Brands Fault
Tokopedia deal: TikTok is investing $1.5 billion in GoTo to get
How has TikTok revived its e-commerce operation in Indonesia?
Indonesia Archives - Page 3 of 180 - Asia News NetworkAsia News
Softbank-backed Tokopedia undecided on SPAC merger, may opt for
TRD Issue 52 - Briefing: TikTok-Tokopedia Merger, Brands Fault
TikTok takes on Shopee and Tokopedia in Asean ecommerce race
E-commerce platforms 'under attack', cybersecurity must be
TRD Issue 52 - Briefing: TikTok-Tokopedia Merger, Brands Fault
TikTok marks e-commerce return with $1.5 billion deal to acquire