Alibaba and SoftBank’s Vision Fund Co-Lead $1.1B Into Indonesia’s E-Commerce Firm Tokopedia

News Source: China Money Network.

PT Tokopedia, Indonesia’s Taobao, has completed US$1.1 billion, led by SoftBank Group Corp’s Vision Fund and Alibaba Group Holding, with participation from Softbank Ventures Korea, according to a company announcement today.

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