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The Latest Breaking News from TikTok Shop

TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia's surprise social media shopping ban

In September, Jakarta banned social media platforms like TikTok and Facebook from offering e-commerce services on their social media platforms.

Fortune

TikTok Announces $1.5 Bn Deal To Restart Indonesia Online Shopping Business

Chinese-owned short video app TikTok on Monday announced a $1.5 billion investment in GoTo group in a deal that would allow it to restart its online shop in Indonesia, the companies said in a statement.

International Business Times

Traditional Market In Jakarta Faces Decline Amidst TikTok Shop Ban

TikTok Shop Ban in Indonesia Impacts Traditional Market as Foot Traffic Declines

Zenger

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Indonesia’s TikTok Shop ban reveals mixed feelings on e-commerce revolution

Brick-and-mortar merchants welcome ban on platform, while online sellers say it is misguided.

Al Jazeera

New rules from Jakarta are dealing a blow to TikTok's e-commerce dreams

The social media giant TikTok puts a pause on TikTok Shop, its online retail operation, in Indonesia to comply with new government restrictions.

Fortune

TikTok Shop Indonesia stops to comply with the country's ban of e-commerce on social media platforms

Chinese-owned video platform TikTok says it will halt its online retail operation in Indonesia to comply with the country’s decision to ban e-commerce transactions on social media platforms

The Independent UK

TikTok says it regrets Indonesia's decision to ban e-commerce sales on social media platforms

Chinese-owned app TikTok says it regrets the Indonesian government’s decision to ban e-commerce transactions on social media platforms and particularly the impact it would have on the millions of sellers who use TikTok Shop

The Independent UK

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Amazon, Walmart face a challenge from TikTok

The two retail giants have never met this kind of challenge before and it could be good for consumers.

The Street

TikTok's plans to conquer the U.S. shopping market gets mixed reviews

TikTok's newly launched Shop platform hopes to eat into Amazon's retail business as easily as it did with Facebook's social media. But a plethora of cheap wares and worries about data could hamper its chances.

Fortune

TikTok launches shopping feature for users in US

The company said Tuesday its shopping wing, called TikTok Shop, will include several features, such as a “Shop Tab,” a marketplace it’s been testing on the app since August.

Chicago Sun-Times

TikTok Shop Is Launching in the US Market in August

Move over, Temu.

The Street

Shopping the next frontier for TikTok

JAKARTA: Inside a shophouse in Northeast Jakarta, dozens of salespeople take turns peddling cosmetics, contact lenses and hair accessories. A woman helps a potential customer choose the right shade of lipstick for her skin tone, while a man yells out the latest markdown on vitamin tablets.

Bangkok Post

Cribbs Causeway H Beauty: Made by Mitchell launching first ever pop-up in Bristol

TikTok creator and make-up artist Mitchell Halliday has chosen Bristol for his first ever store

Bristol Post

TikTok cashing in on sale of counterfeit cosmetics and prescription skin creams

Fake perfumes and restricted items are being touted on social media platform despite bans

The Guardian - UK

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Bangkok Post

Sector enters the next phase

Thailand's e-commerce landscape is entering the next stage where major e-marketplace players are introducing innovative features to woo customers instead of focusing on price wars, while social commerce is strengthening in a bid to capture buyers.

Investors Business Daily

Despite Talk Of U.S. Ban, TikTok Keeps Rolling Over FANG Stocks Like Google, Meta

Even as U.S. lawmakers target TikTok, the social media app is morphing into a global giant, taking on Google, Facebook, Snap and others.

The Guardian - UK

TikTok to sell books directly to users via marketplace

To further capitalise on the popularity of BookTok the social media giant will let users purchase titles through partnerships with publishers and retailers

Axios

TikTok chases Amazon with plans for U.S. fulfillment centers

New job listings suggest the video-sharing service wants to own the logistics for its e-commerce operation.

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Bangkok Post

Live chat boosts social commerce sales

Sales volume via social commerce is expected to surge, equalling e-marketplaces within a few years thanks to the popularity of live and chat commerce and the high penetration rate of social media users in the country, says Zortout, an e-commerce solutions provider.

The Guardian - UK

TikTok investigating claims of UK-based executive saying he ‘didn’t believe’ in maternity leave

UK-based e-commerce boss Joshua Ma to step back from role, according to reports

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People

Pawoot Pongvitayapanu

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