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TikTok to invest $1.5 billion in Indonesia's GoTo

TikTok to invest $1.5 billion in Indonesia's GoTo

Mon, Dec 11, 2023

Tokopedia will purchase TikTok Shop assets worth $340 million, while TikTok will buy a 75.01 per cent stake in GoTo's PT Tokopedia via a new share issuance worth $840 million, according to a stock exchange filing by GoTo.

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