Indonesia bans e-commerce firm Temu over fears its small enterprises could be ‘destroyed’

We want to see more of the things that make world more productive and profitable fill the online storage. If it is harmful, what’s the place? We’ll outlaw it. Our microscopic, small and medium enterprises may be destroyed if left unregulated”, he continued. &nbsp,

Temu had originally tried to record to work in Indonesia, according to the Ministry of Cooperatives and Small Business. &nbsp, &nbsp,

According to Mr. Fiki Satari, Special Staff for Creative Economy Empowerment at the Ministry of Cooperatives and SMEs, it has attempted to register with the Ministry of Law and Human Rights since September 2022 for trademark right. &nbsp,

Because a company already had a label under the name, its registration was refused. &nbsp,

After Temu’s program was presented at the 2024 E-commerce Expo on September 24 and 25, in Greater Jakarta, the company’s presentation became a topic of conversation. &nbsp,

Temu, which is available in about 60 states, entered Southeast Asia last season, beginning with the Philippines last August and Malaysia last September. In July of this year, it expanded to Thailand.

Indonesia banned TikTok Shop from the market in October of last year, citing the need to safeguard customer information and smaller businesses. But the short-form movie giant bought a 75 per cent interest in Indonesian e-commerce person Tokopedia in January, marking its re-entry into the business. &nbsp,

Read the entire article around in Bahasa Indonesia.