How TikTok Saved Its E-Commerce Business in Indonesia
TikTok's e-commerce business in Indonesia was thriving, then one day, the government declared that social media platforms would no longer be allowed to process online payments, forcing TikTok to abruptly halt its e-commerce operations. Some Indonesian officials argued that TikTok was so popular it threatened to monopolize online shopping, while others said it didn't have the right license. TikTok's defenders said the government was acting on behalf of TikTok's competitors in Indonesia.TikTok Shop restarted as a pilot program under government supervision after teaming up with local company Tokopedia.