Google has reportedly supplied the funding as part of a larger round with a $7.5bn pre-money valuation that the online marketplace aims to close at $1bn.

Internet technology provider Google has invested about $300m in Indonesia-based e-commerce marketplace Tokopedia, DealStreetAsia reported today, citing multiple executives aware of the deal.

The funding is part of a larger round with a $1bn target that already includes a $500m contribution from Singapore government-owned Temasek that was initially reported in January this year, before it closed five months later at a $7.5bn pre-money valuation, according to DealStreetAsia.

Founded in 2009, Tokopedia operates an e-commerce platform that sells a diverse…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.