TikTok suspends shopping feature in Indonesia after new e-commerce regulations
- TikTok has suspended its in-app shopping platform TikTok Shop in Indonesia to comply with new government regulations.
- Indonesia implemented rules requiring social media platforms to spin off e-commerce services into separate apps.
- Indonesia is TikTok's second-largest market globally with about 125 million users.
- ByteDance, TikTok's parent company, had planned major investments in Indonesian e-commerce.
- TikTok faces strong competition in Southeast Asian e-commerce from Shopee, Lazada and others.