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AssetID: 53296147

Headline: TikTok to Invest $1.5 Billion to Restart E-Commerce in Indonesia

Caption: In October, Indonesia banned social media platforms from offering online shopping, which forced the popular video sharing app to shutter TikTok Shop, CNN reports. But now, TikTok has announced that it will become controlling shareholder of GoTo Gojek Tokopedia, the country's largest e-commerce platform. It will then "inject TikTok Shop" into the larger Tokopedia entity.

Keywords: TikTok,Invest,Billions,Restart,E-Commerce,Indonesia,Offering,Online,Shopping,Forced,Popular,Video Sharing,App,China,GoTo Gojek Tokopedia,TikTok Shop,Tokopedia Entity,Commerce,Platform,Internet

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