Joko: Country to regulate social media sales soon

President Joko Widodo (pic) said new regulation on social media commerce could be passed soon, as Jakarta aims to rein in sales on tech platforms it says are harming local businesses.

Indonesian users spent more money on TikTok than anywhere else in South-East Asia over the past year, as the app’s e-commerce arm rapidly grew to gain a substantial regional market share and millions of sellers since its 2021 launch.