ByteDance’s TikTok has reportedly agreed to invest in a unit of Indonesia’s GoTo group to restart its ecommerce business while the soon-to-be-listed Shein and PDD’s Temu have been taking advantage of consumers’ love of a bargain. Nathan Naidu, Equity Research Analyst at Bloomberg Intelligence talks about this battle for Southeast Asian consumers' eyeballs and wallets.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economy,  Corporates

Tags:  bytedance tiktok,  goto,  ecommerce,