Indonesia says the ban is aimed at protectıng small businesses from e-commerce competition. Photo: AP
The Chinese-owned video sharing app said in a statement it will stop facilitating e-commerce sales in TikTok Shop Indonesia by 5 pm Wednesday. Sellers at the market in the capital, Jakarta, were experiencing a more than 50 percent loss of profits because they could not compete with imported products sold online at much lower prices, according to Minister of Cooperatives and Small and Medium Enterprises Teten Masduki.
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