TikTok
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.
October 11, 2024
News,eCommerce,Social Media,SEA,Indonesia
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.
September 19, 2024
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.
September 3, 2024
TikTok’s parent ByteDance planning $2.1B investment to make Malaysia regional AI hub, minister says
The plan also aims to turn Malaysia into a regional AI hub.
June 7, 2024
TikTok launches TikTok Shop Mall in Singapore
Global e-commerce platform TikTok Shop has launched TikTok Shop Mall in Singapore, a by-invite only channel exclusively for brands' flagship stores and authorized online retail outlets.
March 21, 2024
GoTo, TikTok compliance with Indonesia’s trade regulation nears 100%, says GoTo CEO – report
Indonesian minister for small and medium enterprises Teten Masduki said last week TikTok had yet to comply with the regulation.
February 29, 2024
News,eCommerce,China,Indonesia
TikTok still violates Indonesian in-app transactions ban, says minister – report
Teten Masduki, the Indonesian minister for small and medium enterprises (SMEs), told reporters that TikTok still had not complied with the regulation.
February 20, 2024
TikTok partners HubSpot to make community-based customer acquisition easier for B2B brands in Singapore
HubSpot and TikTok have on Thursday announced a partnership to make community-based customer acquisition easier than ever for business to business (B2B) brands, with a new integration designed to easily capture leads from TikTok directly in HubSpot’s customer relationship management (CRM).
January 11, 2024
GoTo struck TikTok deal to stop market share slide, CEO says – report
TikTok Shop more than doubled its market share to 11 percent this year, Walujo said on a conference call with investors on Thursday. GoTo’s share of the pie shrank to 23 percent from 28 percent over that span, he was quote as saying.
December 14, 2023