Connect with us

Hi, what are you looking for?

TECH

CEO: TikTok invests billions in Southeast Asia

Photo: Tiktok
Photo: Tiktok

CEO Shou Zi Chew revealed Thursday that TikTok would invest billions in Southeast Asia over the next few years.

Chew told an Indonesian audience that TikTok’s content diversifies as it grows and enters e-commerce. ByteDance owns TikTok.

Southeast Asia has the most TikTok users. Shopee, Lazada, and Tokopedia compete with the site.

TikTok’s live-streaming e-commerce platform lets customers buy things via links.

Chew said TikTok has 2 million small vendors and 8,000 Southeast Asian staff.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like

News

Automattic, the parent company of WordPress.com, is cutting approximately 16% of its workforce in an effort to secure its long-term future, CEO Matt Mullenweg...

COMPUTING

It’s 2025, and somehow, I still had to buy a Micro USB to USB-C cable. For years, we’ve been promised a universal standard—USB-C, the...

BUSINESS

President Donald Trump’s return to the White House has already sent shockwaves through Washington — and the tech industry is feeling the tremors. From...

BUSINESS

With the April 5th deadline for TikTok’s divestment from its Chinese parent company, ByteDance, fast approaching, speculation is swirling about potential buyers. While  President...

SUBSCRIBE

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.