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Data Show TikTok Shop Relies on Indonesia, Where Business Is Threatened
The Information www.theinformation.com
TikTok just cannot escape government scrutiny. Even as the hugely popular ByteDance-owned app expands in the U.S. despite a persistent threat of a ban, the Indonesian government has decided on a new regulation to ban online shopping on social media. That would hobble TikTok’s fast-growing shopping service in Indonesia, which is the single biggest market for TikTok Shop, as the service is known.
Previously unreported data reveal that TikTok Shop was recently on pace to handle more than $6 billion …
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