In Jakarta's bustling Tanah Abang, Southeast Asia's largest textile market, 35-year-old Tanjung calls out to passersby while selling his merchandise.
However, the market is quieter than usual, with some stalls closed, as many merchants express concerns about the impact of TikTok's growing e-commerce platform on their businesses.
Tanjung, like many others at Tanah Abang, has voiced his concerns, stating,"We want the government to close TikTok Shop, or at least regulate them. I feel bad for my employees." He notes that the prices of products on TikTok Shop often undercut his business, affecting his employees' livelihoods. However, President Joko Widodo has hinted at new regulations for social media transactions, aiming to address what the government sees as monopolistic practices. Experts believe that such regulations would level the playing field for local businesses, ensuring that social commerce is on par with e-commerce and traditional retailers.
Indonesia Berita Terbaru, Indonesia Berita utama
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