Indonesia’s e-commerce market is dominated by platforms corresponding to Tokopedia, Shopee and Lazada but TikTok Shop gained a significant market share since launching in 2021. The regulation also sets a minimal value of $100 for sure overseas items purchased from Indonesian sellers on e-commerce platforms, according to the regulation document. The regulation means social commerce firms at the moment are “prohibited to facilitate cost transactions in its digital system”, in accordance with the regulation doc. Hasan stated social commerce platforms would have a week to comply with the new rule. Elderly individuals are often targeted by scammers as a end result of their limited familiarity with know-how.
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