TikTok plans to invest billions of dollars in Southeast Asia over next few yrs, says CEO Shou Zi

At an event held in Indonesia, Chew said that TikTok's content is becoming more diversified and 2 million small vendors are selling their wares on its platform.

TikTok Chief Executive Shou Zi Chew on Capitol Hill in Washington/File Photo: Reuters

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)

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