“Social commerce can place ads like TV, however it mustn’t be transactional. Can’t open shop, can’t directly sell,” Hasan stated, without mentioning TikTok by name. “Any authorities would defend local small companies,” he stated, describing the regulation as a method to make sure “equality in business competition”. Indonesia is probably certainly one of the world’s greatest markets for TikTok Shop and was the primary to pilot the app’s e-commerce arm. Two college dropouts have been arrested by Oshiwara police for their involvement in an online fraud case. The fraud focused a 42-year-old professor from Andheri between Dec 12, 2023 and Jan 23 after they lured her into investing Rs60.35 lakhs in a web-based share buying and selling scheme, promising high returns.
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