GoTo closes merger with TikTok Shop Indonesia

GoTo closes merger with TikTok Shop Indonesia

e27.co·2024-01-31 22:02

Indonesian digital ecosystem giant GoTo Group has announced the completion of its merger with TikTok Indonesia, the e-commerce arm of the global entertainment platform TikTok.

Tokopedia and TikTok Shop Indonesia’s businesses are now officially combined under Tokopedia, jointly owned by GoTo and TikTok as strategic partners in Indonesia, with TikTok holding a controlling stake.

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