The Alibaba and SoftBank-backed peer-to-peer e-commerce platform is looking to close $1bn to $1.5bn in funding early next year.
Tokopedia, an Indonesia-based e-commerce marketplace backed by e-commerce firm Alibaba and telecommunications and internet group SoftBank, has begun talks with to raise $1.5bn from potential investors, Bloomberg reported on Friday.
Existing investors are in the frame to invest as are undisclosed US-headquartered internet companies, according to people familiar with the matter, who said the company is aiming to raise $1bn to $1.5bn and that the round will likely close in the first quarter of 2020.
Founded in 2009, Tokopedia operates…
