TikTok to offer shopping in Indonesia again after $1.5B deal with

TikTok announced plans Monday to restart its Indonesian e-commerce business, TikTok Shop, after signing a $1.5 billion deal to acquire a controlling stake in the country's largest internet-selling platform.

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TikTok announces $1.5B deal to restart Indonesia online shopping business

Techmeme: TikTok Shop is thriving in Indonesia, TikTok's second-biggest market with an estimated 110M users; Data.ai: Shop Seller has had ~5.5M downloads in the country (Aisyah Llewellyn/Rest of World)

Techmeme: Filing: ByteDance spent $2.1M+ on US lobbying aimed at an antitrust bill and other issues in Q2 2022, up 130% QoQ and for the first time over $2M in one quarter (

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