Indonesia’s TikTok Shop ban to hit sellers, sparks regulatory debate on social commerce
Add BT as a preferred source
[JAKARTA] Dava lost his job before he even got started. The 24-year-old had received an offer as a livestream manager for a fashion brand that sells goods on TikTok, before Indonesia’s government announced a ban on TikTok Shop last week.
“As the announcement made the news, I was contacted by the company,” he said. “They cancelled the offer letter they had previously extended to me. I was speechless, I don’t know what to tell my parents.”
During a press conference in Jakarta on Sep 27, Trade Minister Zulkifli Hasan said there will be a one-week grace period before new rules prohibiting in-platform transactions on social media platforms such as TikTok kick in.
TRENDING NOW
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
