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TikTok shop
Digital Economy
TikTok Shop nearly quadruples annual gross merchandise value in 2023, new report finds
This makes it the second largest ecommerce platform in Southeast Asia, while Shopee stays ahead with US$55.1 bil GMV.
July 16, 2024
Digital Economy
TikTok Shop emerges as most popular platform for international online shopping among Singaporeans: Airwallex survey
TikTok is the most popular social media platform used by 25% of Singaporeans, followed by Instagram at 23% and Facebook at 22%.
March 21, 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
What's gone wrong with e-commerce? A look at Alibaba's Lazada, TikTok Shop and PDD's Temu
Dethroned by PDD Holdings, Alibaba contends with greater structural problems. New e-commerce competitors force them to adapt.
January 18, 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
Broker's Calls
TikTok Shop Indonesia's combination with Tokopedia a net negative for Sea's Shopee
Shopee is expected to fight vigorously for market share in Indonesia following the move by TikTok and GoTo.
December 14, 2023
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
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