Tokopedia
Indonesia antitrust agency gives 'conditional' go-ahead for TikTok's Tokopedia takeover
The agency will continue to monitor whether the requirements are being implemented until June 17, 2027
From marketplace to mess: Tokopedia unravels after merger
Free delivery promos can further complicate matters
Indonesia antitrust agency finds risk of monopoly from TikTok’s Tokopedia takeover
The agency says it found rising market concentration and warned of possible post-acquisition price hikes due to increased dominance
Axe may fall on over 1,000 jobs at Indonesia’s Tokopedia after merger with TikTok Shop
[JAKARTA] ByteDance is gearing up for major job cuts and a significant operational scale-back at its Indonesian e-commerce platform Tokopedia, following this year’s mega merger with TikTok Shop, sourc...
ByteDance to cut 450 jobs in Indonesia after Tokopedia deal
BYTEDANCE is slashing about 450 jobs at its Indonesian e-commerce arm in the first round of cuts since combining its TikTok Shop with local rival Tokopedia in January.
Tokopedia, TikTok Shop complete backend integration
TIKTOK Shop and Tokopedia have finished integrating their systems as per merger requirements, said Melissa Siska Juminto, president of e-commerce at GoTo Group. The integration, which resulted in the ...
Drop in Tokopedia’s market share led to TikTok deal: GoTo chief
GoTo Group chief Patrick Walujo said Tokopedia‘s market share has been diminishing – especially among price-conscious consumers – as the group cut down on incentives to achieve profitability. That, al...
TikTok completes deal for Indonesia’s top e-commerce platform Tokopedia
TIKTOK has completed its deal to take control of Indonesia’s biggest e-commerce platform, which has allowed the Chinese social media giant to restart for its online shopping business in the country.
Tokopedia, NCS among companies in pilot run of AI language model for South-east Asia
INDONESIAN e-commerce platform Tokopedia and Singapore IT player NCS are among the companies that are testing an artificial intelligence (AI) large language model (LLM) being developed in Singapore.
Losses loom as Shopee, Lazada brace for bruising 2024 in South-east Asia
Lazada cuts staff as competition stiffens with entry of TikTok and Temu into e-commerce scene