Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia.
A valuation for the deal was not announced, but the companies did say that Alibaba has become a minority shareholder.
Tokopedia, which was founded in 2009, operates a marketplace that allows small retailers and large brands to sell to consumers in… Read More
from iFeeltech IT News Mix4 https://techcrunch.com/2017/08/17/alibaba-tokopedia/?ncid=rss
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https://ifeeltechinc.wordpress.com/2017/08/17/alibaba-leads-1-1b-investment-in-indonesia-based-e-commerce-firm-tokopedia/
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