TikTok, the Chinese short-form video hosting service owned by ByteDance, pulled the plug on its e-commerce platform in Indonesia. This comes after the Indonesian government blocked the TikTok Shop in the country.
As per The New York Times, TikTok closed down its online shopping service in the country on Wednesday this week. This was done soon after the TikTok Shop was banned on social media platforms. The company said it took this step to protect local business owners.
What is TikTok Shop?
The TikTok Shop is a marketplace where creators and businesses with a TikTok account can sell their goods on the platform. Users may add the “Shop” button on their videos and streams so people can see and buy items without leaving the app.
The marketplace was added as TikTok is looking for other ways to generate more revenues from the platform. Indonesia was one of the first few regions where TikTok Shop was launched. ByteDance sees major potential there due to its massive population and being the app’s second-largest user base.
The Ban Order From the Authorities
Unfortunately, the country has now become the first to issue a ban on TikTok’s e-commerce platform. It was clarified that the app itself is not restricted, so people can still post and view video clips. However, buying and selling goods are no longer allowed on TikTok and other social media platforms with e-commerce features.
“Our priority is to remain compliant with local laws and regulations,” TikTok said. “As such, we will no longer facilitate e-commerce transactions in TikTok Shop Indonesia by 17:00 GMT+7, October 4, and will continue to cooperate with the relevant authorities on the path forward.”
The decision to block the online shopping services comes after the nation’s President, Joko Widodo, called for new rules for social media. According to CNBC, he explained that the appearance of these online marketplaces contributed to the decline of sales for local businesses.
Photo by: Solen Feyissa/Unsplash


Thailand Inflation Remains Negative for 10th Straight Month in January
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Trump Family Files $10 Billion Lawsuit Over IRS Tax Disclosure
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 



