Google To Invest In Indonesia’s Tokopedia

Google’s push into eCommerce is taking it to Indonesia, where online shopping is growing at explosive rates in the wake of the coronavirus pandemic.

The Alphabet unit and Singapore’s state investment firm, Temasek Holdings Pte, have agreed to pump $350 million into PT Tokopedia, a giant Indonesian eCommerce hub, according to Bloomberg, which cited sources familiar with the deal.

The aim of the investment is to help fuel a burst of expansion for…


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