Indonesia’s presidential hopefuls on TikTok to woo Gen Zs, millennials

Indonesia’s presidential election is due 14 February and candidates are going all out to win over voters in this country of 274 million. With millennials and Gen Z voters making up 56.5% of the electorate campaigning is often done on social media. One platform in particular has emerged as key, TikTok. Sopa Images | Lightrocket … Read more

TikTok’s Southeast Asia ambitions to take major hit with Indonesia ban

TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said … Read more

TikTok to invest $1.5 billion in GoTo’s Indonesia e-commerce business

TikTok’s logo is displayed on a mobile phone screen in Ankara, Turkiye on December 5, 2023. Didem Mente | Anadolu | Getty Images TikTok will take a controlling stake in an e-commerce unit of Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia, a partnership that will see the short video app invest $1.5 billion over the long term, the two … Read more

Spending and ethics in focus

TikTok has officially launched its e-commerce service TikTok Shop in the US.  Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok’s latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low … Read more

Tencent-backed J&T Express fell in Hong Kong IPO debut

Courier handing over package asking female customer to do electronic signature, delivering, receiving, efficiency 10’000 Hours | Digitalvision | Getty Images Shares of Indonesia’s J&T Express fell 1.33% when it went public on Friday. The logistics service provider traded at 11.84 Hong Kong dollars ($1.51) on Friday morning, after opening at HK$12. The HK$3.92 billion … Read more

TikTok to invest billions of dollars in Southeast Asia, CEO says

TikTok CEO Shou Zi Chew speaks at the TikTok Southeast Asia Impact Forum in Jakarta on June 15, 2023. Bay Ismoyo | Afp | Getty Images Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the … Read more