SoftBank puts more money into Indonesia’s Tokopedia: report
PT Tokopedia, which operates Indonesia's dominant online marketplace, is raising US$1 billion from existing investors including SoftBank, Bloomberg reports, citing sources familiar with the matter. The latest fundraising deal values the firm at about US$7 billion, making it the most valuable startup in Indonesia, according to the report. Japanese conglomerate SoftBank first invested in Tokopedia?
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