TikTok to Spend $1.5 Billion Taking Over GoTo’s Indonesia Shop

TikTok to Spend $1.5 Billion Taking Over GoTo’s Indonesia Shop

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ByteDance Ltd.’s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia’s GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market. • None Bitcoin’s 2023 Rally Frays During Brief 7.5% Drop Toward…

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