JAKARTA -- China's short-form video platform TikTok's 75% stake acquisition of Indonesia-headquartered Tokopedia has prompted adjustments to the latter's investment portfolio that it has built over the years.
DealStreetAsia
TikTok deal seen triggering Tokopedia portfolio reassessment
Strategic shifts also on horizon as Indonesian e-commerce giant now double-owned
Indonesian e-commerce platform Tokopedia is now 75% owned by Tik-Tok -- and that is leading to changes. (Source photos by AP and Reuters)
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