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TikTok marks e-commerce return with $1.5 billion deal to acquire Tokopedia - Companies - The Jakarta Post

TikTok marks e-commerce return with $1.5 billion deal to acquire Tokopedia  - Companies - The Jakarta Post

The deal would reshape the competitive landscape in the country and put rival Sea Group's e-commerce arm Shopee in a “tricky, defensive position", said an analyst. 

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