The evolution and regulation of social commerce in Indonesia: The TikTok Shop ban

Quick Summary:

The digital revolution has reshaped the way we shop, with e-commerce and social commerce taking centre stage.

Indonesia, with its burgeoning online population and rapid digitalisation, has emerged as a hotspot for e-commerce growth.

Traders in Tanah Abang, Southeast Asia’s largest wholesale center, voiced their grievances, reporting a staggering profit loss of over 50 per cent due to their inability to compete with imported products offered at significantly lower prices on TikTok Shop.

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Article Details

Author / Journalist: Anisa Menur

Category: StartupsTechnology

Markets: SingaporeIndonesia

Topics: Social media Orderfaz Resource E-commerce TikTok E-commerce

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-06 @ 00:02:19 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 3110 words

Reading Time: 18 minutes read

Sentences: 1 lines

Sentence Length: 3110 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 22902105

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 4 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 1 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #10

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