Social Media

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TikTok’s American reprieve: Byte-sized diplomacy

In the near term, TikTok’s return to U.S. app stores may feel like a reprieve for ByteDance, the platform’s creators, and millions of loyal users. Yet the fundamental tension - between a Chinese-linked enterprise and American lawmakers skeptical of foreign data harvesting - remains unresolved. 

Indonesia plans minimum age for social media use – report

In November last year, Australia has approved a social media ban for children aged under 16, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech.

Vietnam’s PangoCDP secures $1.5M seed funding led by Kairous Capital to revolutionize business-consumer connections via social chat apps

With this new investment, PangoCDP plans to accelerate its product development, enhance its platform's capabilities, and expand its market reach. The funding will also be instrumental in scaling the team and forging new strategic partnerships.

ByteDance’s TikTok lays off hundreds of employees in Malaysia – report

A source close to the Malaysian branch of the company told The Malaysian Reserve (TMR) that more than 500 employees were terminated.

YouTube & Shopee partner in Southeast Asia e-commerce tie-up – report

With YouTube Shopping, Alphabet Inc and Shopee will be competing against TikTok, the Bytedance-owned video app, which has increased its ambitions for the region after taking control of Indonesia's biggest e-commerce platform Tokopedia.

TikTok’s parent ByteDance eyes $9.5B in record Asia dollar corporate loan – report

According to Bloomberg, proceeds of the deal will be partly used to refinance an existing $5 billion dual-tranche facility the group had raised in 2021.

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Why are some Singaporean SMEs exploring alternative marketing models like fractional marketing?

The shift towards exploring alternative marketing models like fractional marketing among #Singapore SMEs highlights a strategic adaptation to the evolving business landscape. It is evident that in an increasingly competitive business landscape, transitioning into #FractionalMarketing proves advantageous (perhaps even necessary) for #SMEs to stay afloat and…

Philippine social commerce platform Toki secures $1.8M pre-seed funding

Toki, a social commerce platform based in the Philippines, has secured $1.8 million pre-seed funding to address demands of untapped market. The pre-seed funding comes from venture capital partners Kaya Founders and Foxmont Capital Partners.

ByteDance’s TikTok strikes deal with GoTo to save Indonesian TikTok Shop – report

Tik Tok is said to have agreed broadly to work with GoTo’s Tokopedia across several areas rather than compete directly with the Indonesian platform.

The transformation of the commerce landscape: How AI influencers are leading the way

Virtual #AI #influencers are at the forefront of reshaping the commerce landscape. As they continue to innovate and redefine how brands connect with consumers, businesses that embrace this trend are well-positioned to thrive in the digital age. As we navigate this ever-changing commerce landscape, it's clear that virtual AI influencers are a force to be…