Fan_Boi
Fan_Boi
Stealth

TikTok buys 75% stake in Tokopedia

Chinese companies / apps have not been allowed to operate in India, now with TikTok buying 75% in Tokopedia (not 75% of gojek), what do you think will be fate on Tokopedia's India offices? Would Tiktok keep Tokopedia's India office keep it untouched Or Expand Tokopedia's India office and get some of atiktok work also her Or Over medium term close India office as Indian government doesn't likes Chinese apps / companies.

11mo ago
WittyFeed
WittyFeed
Venture Capital11mo

This is masterful from TikTok. Indonesian government had earlier affected their plans of starting eComm/Live Comm on their own earlier, if I remember correctly.

How the GoTo stock has been doing since it IPO'd, I imagine they got a pretty good value deal

shunami
shunami
Freelancer11mo

I am genuinely interested in who is running this account. Shashank? Parveen? I see your comments everywhere

WittyFeed
WittyFeed
Venture Capital11mo

Who are these ppl?
Will be interesting to see who you think I am ๐Ÿ˜‚๐Ÿ˜‚

AptRiding
AptRiding
Gojek11mo

The Toko merger probably never led to enough synergies that made the business that much better.
Unfortunately this has already affected colleagues... ๐Ÿ˜•

3xPlusOne
3xPlusOne
Google11mo

What do you mean that it has already affected colleagues? Is there any layoffs or something?

CallMeShirley
CallMeShirley
Student11mo

I think they should keep the india offices, since itโ€™s mainly tech teamsโ€ฆ?
Indonesia would have limited depth tech talent wise But they could also obviously do all of it between China - India. Hmm. Tricky.

Gupchup
Gupchup
Microsoft11mo

I imagine Modiji will be happy to take Chinese money but not have them make money in India.

Make in India, for rest of the world.

Fan_Boi
Fan_Boi
Stealth11mo

It's not about Modiji liking Toko's backend office or not. Will Tiktok like to have India office or not?

ConcurrentThinker
ConcurrentThinker
Stealth11mo

Interesting stuff for us but scary for employees. They would be unsure of their future now

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