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Chinese-owned Temu to face compliance issues in Indonesia, local officials warn
South China Morning Post via Yahoo Singapore Finance· 1 week agoBudget shopping app provider Temu, owned by Pinduoduo parent PDD Holdings, may face regulatory...
Introducing Fortune’s first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move...
Fortune via Yahoo Singapore Finance· 2 weeks agoThe inaugural Fortune Southeast Asia 500 list, our first-ever ranking of the largest companies in...
ByteDance confirms layoff plan at its Indonesian unit
Reuters via Yahoo Singapore Finance· 3 weeks agoChina's ByteDance will lay off staff at its Indonesian unit following a deal where it bought a local...
The battle for Gen Z social shoppers
BBC via Yahoo News Singapore· 3 weeks agoLilia Souri and AJ Pulvirent - hosts of the podcast Gen Z on Gen Z [Movers+Shakers] Shopping habits have not been the same since the Covid pandemic and...
Indonesia's GoTo says on track for profitability despite first-quarter loss
Reuters via Yahoo Singapore Finance· 2 months agoIndonesia's biggest tech company PT GoTo Gojek Tokopedia Tbk posted a first-quarter underlying loss...
GoTo shares drop as the company unveils a $5.8 billion loss after selling its e-commerce platform to...
Fortune via Yahoo Singapore Finance· 3 months agoGoTo, Indonesia's biggest tech company, hit a milestone in the most recent quarter, achieving its...
GoTo preps first-ever buyback after selling e-commerce to TikTok
Bloomberg via Yahoo Singapore Finance· 3 months agoGoTo Group plans to buy back as much as $200 million of stock after recording its first-ever profit...
Indonesia's GoTo sees breakeven in 2024 after first quarterly profit
Reuters via Yahoo Singapore Finance· 3 months agoJAKARTA (Reuters) -Indonesia's biggest tech firm GoTo Gojek Tokopedia expects to break even in terms of adjusted core earnings this year after booking its first quarterly profit on that basis ...
GoTo, TikTok compliance with Indonesia's trade regulation nears 100%, says GoTo CEO
Reuters via Yahoo News Singapore· 4 months agoIndonesian tech firm GoTo and Chinese-owned partner TikTok will be wholly compliant in a month and a...
TikTok’s $1.5 billion Indonesian gambit appears not to have worked
Fortune via Yahoo Singapore Finance· 4 months agoTikTok really can’t catch a break with regulators. Yesterday, as expected, the European Commission...