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Digital Economy
Universal Music Group pulls music from TikTok after talks fail
TikTok users have to find alternatives to songs from acts like Taylor Swift, Drake and Bob Dylan
February 01, 2024
Digital Economy
Meta, X, TikTok CEOs ripped by US senators over child online safety
'These companies must be reined in, or the worst is yet to come'
February 01, 2024
Digital Economy
TikTok completes TikTok Shop Indonesia's combination with GoTo’s Tokopedia
The two businesses have been combined under the existing PT Tokopedia entity in which TikTok holds a controlling stake.
January 31, 2024
Digital Economy
TikTok cuts 60 jobs in sales and ads as tech layoffs continue
The number is less than 1% of the company’s roughly 7,000 staff in the US
January 24, 2024
Digital Economy
TikTok eyes US$17.5 bil shopping business on Amazon’s turf
ByteDance’s video app is fast expanding beyond advertising, as TikTok Shop seeks to significantly grow size of US business.
January 04, 2024
Digital Economy
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.
December 11, 2023
Digital Economy
The new kings and queens of content
A bigger, newer and more competitive creator economy around live streaming is emerging and Southeast Asia is dominating.
November 23, 2023
Digital Economy
Indonesia's social commerce ban will be toothless
Indonesia's ban will do little to stall TikTok's march
October 05, 2023
E-payment
TikTok’s e-commerce ambitions dealt blow as Indonesia adds curbs
The rule is part of newly tightened trade regulations that will kick in immediately.
September 27, 2023
Broker's Calls
Indonesia’s attempt to separate TikTok Shop from social media app is positive for Sea: analysts
DBS has kept "buy" on Sea Limited with an unchanged target price of US$66.
September 08, 2023