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. The e-commerce unicorn is valued at about US$7 billion after the round, becoming the country’s most valuable startup. After the round of financing, the […]

Alibaba and SoftBank’s Vision Fund Co-Lead $1.1B Into Indonesia’s E-Commerce Firm Tokopedia appeared first on China Money Network.