TikTok Ends E-Commerce in Indonesia to Comply with New Regulations
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TikTok Indonesia said it will end e-commerce transactions by Thursday to comply with new regulations banning such features.
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Indonesia's trade ministry set a one-week deadline for TikTok to remove e-commerce or risk being shut down.
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TikTok said complying with local laws is a priority and it will no longer facilitate transactions in Indonesia.
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The ban comes after Indonesia's president called for tighter regulations on social media platforms flooding the market with foreign imports.
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TikTok's largest market is Indonesia with 125 million users, so the e-commerce ban could impact its Southeast Asian growth ambitions.