DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— TikTok - 1 ” - 1 Zulkifli Hasan - 1 Sellers - 1 TikTok - 1 China’s ByteDance - 1 Joko Widodo - 1
Top related locs:
Indonesian TikTok Indonesia JAKARTA Indonesia Shop Abang Jakarta Asia
Top related orgs:
TikTok - 2 Indonesia’s Trade - 1 Trade Ministry - 1 Cooperatives - 1 Enterprises - 1

Search resuls for: "TikTok Shop Indonesia"


2 mentions found


☆ TikTok Shop Indonesia Stops to Comply With the Country's Ban of E-Commerce on Social Media Platforms
  + stars: | 2023-10-04 | by ( Associated Press | Oct. | At A.M. | ) www.usnews.com   time to read: +3 min
JAKARTA, Indonesia (AP) — TikTok said it will halt its online retail operation in Indonesia on Wednesday to comply with the country’s decision to ban e-commerce transactions on social media platforms — a big blow to the video platform's fastest-growing market. The Chinese-owned video sharing app said in a statement it will stop facilitating e-commerce sales in TikTok Shop Indonesia by 5 p.m. Wednesday. “Our priority is to remain compliant with local laws and regulations,” said the statement released Tuesday on its website. Political Cartoons View All 1196 ImagesA week before the ban was announced, Southeast Asia’s largest wholesale market, Tanah Abang, came under inspection. But the company said it will respect the regulations and “will take a constructive path forward."
Persons: — TikTok, ”, Zulkifli Hasan, Sellers, TikTok, China’s ByteDance Organizations: Indonesia’s Trade, Trade Ministry, Cooperatives, Enterprises, TikTok Locations: JAKARTA, Indonesia, Indonesian, Shop, Abang, Jakarta, TikTok Indonesia, Asia, Beijing, United States, Britain, New Zealand
☆ TikTok halts e-commerce service in Indonesia following ban
  + stars: | 2023-10-04 | by ( Sheila Chiang | ) www.cnbc.com   time to read: 1 min
TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, in order to comply with new local regulations. The announcement comes after the Indonesian ministry of trade last week set a one-week deadline for TikTok to become a standalone app, without any e-commerce feature, or risk being shut down. "Our priority is to remain compliant with local laws and regulations," said TikTok in a statement on Tuesday. "As such, we will no longer facilitate e-commerce transactions in TikTok Shop Indonesia by 17:00 GMT+7, October 4, and will continue to cooperate with the relevant authorities on the path forward," it said. He said the influx of such platforms has contributed to a sales decline for domestic businesses by flooding the market with foreign imports.
Persons: Joko Widodo Organizations: TikTok Locations: TikTok Indonesia, Indonesian, TikTok Shop Indonesia
0 next >>
Total: 2