TikTok Shop Will Open Local E-commerce Cooperation Again, Minister Teten: It's Up To Them

JAKARTA - Minister of Cooperatives and SMEs (Menkop UKM) Teten Masduki opened his voice regarding the TikTok Shop plan to resume operations in Indonesia by cooperating with local e-commerce.

Teten assessed that TikTok Shop's great desire to resume operations in the country is inseparable from the large number of consumers accompanied by Indonesia is still an attractive place for investors.

"Yes, it's up to them (to operate again). The point is like my belief, that Indonesia has a strong digital market, really big. Therefore, I am sure that Indonesia is an attractive place for digital economic investors," said Teten when met at the Kemenkop UKM Building, Jakarta, Thursday, November 23.

Teten said, this was also supported by the huge and strong digital economic potential in Indonesia.

"I'm sure TikTok will definitely reopen, whether he opens himself or he invests in one of Indonesia's e-commerce," he said.

He added that TikTok had contacted a number of companies and e-commerce in Indonesia, starting from Bukalapak, Tokopedia, and CT Corp.

"What I know is that three e-commerce have been contacted by TikTok. I know it's not from TikTok, it's from those who were contacted. There's Bukalapak, Tokopedia, which I heard CT Corp was also contacted," said Teten.

Even so, Teten admitted that he did not know about the progress of the assessment.

Because, until now, his party has not met with the boss of TikTok.

"Whether (TikTok Shop) is open on its own or investing in one e-commerce company in Indonesia, yes, that's their business," he added.

As previously reported, the Ministry of Cooperatives and SMEs (Kemenkop UKM) revealed that the TikTok platform will join e-commerce in Indonesia to operate the TikTok Shop business.