Tag "TikTok"

GoTo and TikTok Set to Launch BNPL Offering

Indonesian technology conglomerate GoTo Group is preparing to launch a “buy now, pay later” (BNPL) service in partnership with TikTok, according to Tech in Asia. This development follows GoTo Financial, the group’s financial technology division, appointing David Chen as the

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TikTok Acquires Controlling Stake in Tokopedia to Revive E-Commerce Ambitions

In a move to bolster its online shopping presence in Southeast Asia, TikTok has announced a major investment of US$1.5 billion to acquire a controlling stake in Tokopedia, the e-commerce marketplace of Indonesia’s PT GoTo Gojek Tokopedia Tbk. This strategic

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How TikTok’s Owners Are Evolving from Your Kid’s Social Media to Becoming Your Bank

TikTok’s owner ByteDance is making inroads into fintech as the Chinese tech company is said to be negotiating a tie-up with an investment group linked to Singapore’s Lee business family, according to a Financial Times (FT) report. The Lees are

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