By The Malketeer
Malaysia is considering the regulation of TikTok and its e-commerce features, potentially affecting the social media platform’s online shopping endeavours in Southeast Asia.
The Communications and Digital Minister, Fahmi Fadzil, disclosed that Malaysia is exploring the registration of online social media platforms and the adoption of a global minimum tax.
Discussions will take place with TikTok representatives to address regulatory concerns and assess the performance of TikTok Shop. This move aligns with Southeast Asia’s growing resistance to TikTok as it invests heavily in the region.
In Indonesia, TikTok suspended its online retail operations due to new regulations requiring a separation of shopping features from the core video-scrolling service. TikTok is unique among social media platforms in directly selling goods on its app.
Fahmi has previously voiced concerns about TikTok’s content, including accusations of spreading fake news and censoring content related to the Israel-Hamas conflict, to which TikTok has claimed it is taking proactive measures to address these issues.
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