Founded in 2009, Tokopedia is currently Indonesia’s largest online marketplace, drawing comparisons to Alibaba’s Taobao. Photo: Tokopedia

Indonesia’s e-commerce scene heats up as Tokopedia secures US$1.1 billion from Alibaba, SoftBank

  • Investment will go into technology and infrastructure, CEO William Tanuwijaya says
  • Latest funding boosts Alibaba’s share of the fast-growing Indonesian e-commerce market
Topic |   Indonesia

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Founded in 2009, Tokopedia is currently Indonesia’s largest online marketplace, drawing comparisons to Alibaba’s Taobao. Photo: Tokopedia
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