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TikTok CEO says to invest billions of dollars in Southeast Asia

2023-06-15 10:56
JAKARTA Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few
TikTok CEO says to invest billions of dollars in Southeast Asia

JAKARTA Short video app TikTok plans to invest billions of dollars in Southeast Asia over the next few years, its CEO Shou Zi Chew said on Thursday.

Chew said at an event held in Indonesia that TikTok's content is becoming more diversified, as it adds more users and expands into e-commerce.

He said 2 million small vendors are selling their wares on its platform.

(Reporting by Stanley Widanto; Editing by Christopher Cushing)