Floating Button
Home News Digital Economy

TikTok combines TikTok Shop Indonesia with GoTo’s Tokopedia, to invest over US$1.5 bil in the enlarged entity

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
TikTok combines TikTok Shop Indonesia with GoTo’s Tokopedia, to invest over US$1.5 bil in the enlarged entity
TikTok will take a controlling stake in the enlarged entity. Photo: Bloomberg
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Internet giant GoTo has formed a strategic partnership with social media platform TikTok to drive long-term growth for Indonesia’s micro small medium enterprises (MSME) sector as well as the country’s digital economy as a whole. 

As part of the agreement, GoTo’s e-commerce subsidiary Tokopedia and TikTok Shop Indonesia’s businesses will be combined under the existing PT Tokopedia entity, in which TikTok will take a controlling stake. 

The shopping features within the TikTok app in Indonesia will be operated and maintained by the enlarged entity.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.