TikTok Halts E-Commerce in Indonesia After Government Ban
- TikTok will stop all transactions on its app in Indonesia starting October 5 to comply with the country's ban on social media e-commerce.
- Indonesia implemented the ban to protect small merchants from alleged predatory pricing by social media platforms.
- The ban aims to create a fair e-commerce ecosystem by preventing algorithm domination and use of personal data.
- TikTok, owned by China's ByteDance, expressed regret but will respect Indonesia's regulations as one of its largest markets.
- It remains uncertain if TikTok will create a separate e-commerce app or reopen TikTok Shop after coordinating with the government.