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Jakarta: Indonesia’s top e-commerce site Tokopedia said Wednesday it has raised $1.1 billion in funding from investors including Japanese tech giant SoftBank and Chinese online store Alibaba. The latest financing round for Tokopedia, which lets users to set up online shops and handles transactions, underscores a push by foreign firms to tap the soaring online market. Investors have been pumping billions of dollars into Indonesia’s tech start-ups to capitalise on a burgeoning digital economy. (AFP)
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13/12/2018
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