TikTok hits Indonesia socmed transaction ban

By Agence France-Presse

Sep 14, 2023 12:13 am

JAKARTA: TikTok on Wednesday criticized calls by Indonesia to ban social media (socmed) transactions, as Jakarta rails against what it says are monopolistic practices by major companies with e-commerce platforms such as the Chinese-owned firm.

Indonesia users spent more money on TikTok than anywhere else in Southeast Asia over the past year, as the app's e-commerce arm rapidly grew to gain a substantial regional market share and millions of sellers since its 2021 launch.

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