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Stock impact report

ByteDance Strikes Deal With GoTo to Save Indonesian TikTok Shop [BNN Bloomberg (Canada)]

Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) 
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: seagroup.com/investor/home
Company Research Source: BNN Bloomberg
service, pioneering a template for e-commerce beyond Southeast Asia's biggest economy. The Chinese-owned video service has agreed broadly to work with GoTo's Tokopedia across several areas rather than compete directly with the Indonesian platform, people familiar with the pact said. The pair aim to announce details of that tie-up as soon as next week, the people said, asking not to be identified disclosing a deal before it's formalized. While the two companies have reached an informal agreement, the final details of that alliance are getting hammered out and could change before announcement, the people said. The pact is also subject to regulatory approval and could still fall through, they added. An investment in Tokopedia will be a first of its kind for TikTok Shop, the rapidly growing arm of ByteDance's video service that's making inroads into online shopping from the US to Europe. Its progress in Indonesia against Sea Ltd. and Tokopedia, however, came to a halt when Jakarta — Show less Read more
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