TikTok planning to fuel e-commerce business in Southeast Asia with billions in investments
https://apnews.com/article/tiktok-shop-southeast-asia-indonesia-d752e3278133301b9447484d4b32c3bf
TikTok is planning to pour “billions of dollars” in Southeast Asia over the next few years, aiming to drive growth in one of its biggest markets amid heightened scrutiny in the U.S.
The company’s CEO, Shou Zi Chew, made the announcement Thursday during a speech at a TikTok forum in the Indonesian capital Jakarta.