Jakarta (VNA) – TikTok, owned by China’s ByteDance, will halt e-commerce transactions onits app in Indonesia from October 4, after the Southeast Asian country imposed a ban on goods transactions on social platforms last week.
The ban is aimed at protectingmillions of small and medium-sized enterprises.
In the latest announcement, TiktokIndonesia said its priority is to remain compliant with local laws andregulations.
Indonesian Minister of Trade Zulkifli Hasan said regulatoryauthorities will issue warnings to companies that do not comply with the ban ondirect sales on social media platforms. If they continue to violate theregulations, their operating licences in Indonesia will be revoked.
The ban dealt a major blow to TikTok which has been facing closescrutiny in the US and other countries in recent months, particularlyconcerning user data privacy issue.
Indonesia, with its 125 million users, is the second largestglobal market of the app, following the US, according to the TikTok’s data./.
