When the government effectively forced TikTok to shut down its Shop feature, the company quickly struck an unusual deal with ...

The move prompted TikTok’s Chinese parent company, ByteDance, to invest US$1.5 billion in a merger with Indonesian e-commerce giant Tokopedia this year, gaining re-entry into the market. On Oct 1, ...

ByteDance wanted TikTok to repeat the success ... And within weeks, it was ready to buy a stake in Tokopedia, a former start-up that had become one of Indonesia’s main e-commerce platforms.

Indonesia’s GoTo Group reported a quarterly profit on an adjusted basis, a step in its yearslong effort to cut costs and prove to investors it can make money.Most Read from BloombergNY Transit Agency ...

In an attempt to reverse Indonesia’s latest ban on iPhone 16, Apple Inc. has offered to boost its investment in the country ...

Apple Inc. has put forward a nearly $10 million investment proposal to expand its manufacturing presence in Indonesia, aiming ...

Apple’s history of investment in Indonesia includes approximately 1.5 trillion rupiah ($95 million) spent on developer ...