GoTo Gojek Tokopedia

Discount shopping giant Temu enters Vietnam and Brunei as app faces ban in Indonesia

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Discount shopping giant Temu enters Vietnam and Brunei as app faces ban in Indonesia

Temu’s website in Vietnam, however, showed that the company’s foray into one of the fastest-growing economies in the region was apparently rushed. It currently supports only English as well as transactions made via credit card and Google Pay, while excluding leading Vietnamese mobile payment service Momo. In affluent Brunei, Temu is available in both English … Read more

TikTok restarts e-commerce in Indonesia with US$1.5 billion investment in GoTo Gojek Tokopedia unit

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TikTok restarts e-commerce in Indonesia with US.5 billion investment in GoTo Gojek Tokopedia unit

Shares in GoTo, whose business includes ride-hailing, delivery and financial services, tumbled 8.3 per cent after the announcement, as some investors took profit from the stock’s recent rally on expectations of a deal with TikTok. A billboard advertising GoTo’s initial public offering in Jakarta, Indonesia in 2022. . Photo: Bloomberg “We need to see what … Read more