TV24 Idesk: TikTok Indonesia has lamented the government’s recent decision to ban e-commerce transactions on social media platforms, saying that the move could jeopardize the livelihoods of millions who depend on the short-form video platform for income. A new Trade Ministry regulation was enacted on Tuesday to ban social media platforms, including ByteDance’s TikTok, from acting as marketplaces for online transactions, restricting the platforms to the promotion of goods and services.
The move came following widespread complaints from offline sellers, particularly those that have shops across the country’s traditional markets, that their revenues have plummeted because of the growing reach of social media platforms as online marketplaces.
Source: jakartapost
