Indonesia’s Tokopedia raises $100m from Softbank, Sequoia


Indonesia’s leading e-commerce marketplace, PT Tokopedia, will be receiving $100 million in funding from Japan’s SoftBank Corp and Sequoia Capital. The funding round, led by Softbank, is the largest ever investment received by an Indonesian startup.  This is also Softbank and Sequoia Capital’s first investment in Indonesia. The deal is… Read more »

Japanese investors big on Indonesia

Indonesia has emerged as the second largest M&A (mergers and acquisitions) market for Japanese investors in South East Asia this year. Japanese investments account for 16.4% of the country’s total foreign direct investment (FDI), in 2014 Global risk solutions provider Kroll notes that Japanese’s investment in Indonesia is 18.3% of… Read more »

CIMB buys 10% in Indonesia’s 7-Eleven operator

CIMB Private Equity Sdn Bhd, the wholly-owned investment arm of Malaysia’s CIMB Group, will buy a 10% stake, valued at $25 million, in PT Modern Internasional Tbk, the parent firm of 7-Eleven convenience stores in Indonesia, the company said. The deal, that is slated to close early November, will see… Read more »