Why Did GoTo Sell Tokopedia To TikTok? Full Breakdown
A few months ago, GoTo sold a whopping 75.01% stake in its e-commerce division, Tokopedia, to TikTok for over $1.5 billion! TikTok planned to invest another $1.5 billion into the expanded Tokopedia, with $500 million paid right away. This move lets TikTok relaunch its e-commerce business, TikTok Shop, in Indonesia after a government ban shut … Read more





