According to Bloomberg.com, the received investment falls short of the initial goal of between USD 500 million to USD 1 billion.
The ecommerce company was said to have also held talks with US internet companies including Facebook, Microsoft, and Amazon.com.
Tokopedia’s best known product is its marketplace, which is a free C2C platform for merchants and buyers. The company also provides digital products such as credit, BPJS payments, utility payments, telephone payments, credit cards, flight tickets, event tickets, and games vouchers.
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