New strategic partner Alibaba led the Indonesia-based e-commerce marketplace's latest round, which may have included SoftBank and Sequoia Capital.
E-commerce firm Alibaba led a $1.1bn round for Indonesia-based e-commerce platform Tokopedia yesterday.
The round included undisclosed existing investors, the company said, and although they were not named, reports last month suggested telecommunications and internet group SoftBank and venture capital firm Sequoia Capital would both take part in the round.
Tokopedia runs an online marketplace where online merchants and local brands sell a range of consumer products spanning categories such as fashion, software, electronics, cars and lifestyle products.
The…
