Following Alibaba, JD.com's lead, Indonesia's Tokopedia to set up innovation centre

Following Alibaba, JD.com's lead, Indonesia's Tokopedia to set up innovation centre

Photo: Bloomberg

Indonesia’s e-commerce company Tokopedia has revealed plans to build its very own innovation centre in a move that replicates a strategy adopted by regional giants including AlibabaJD.com and Lazada.

In an interaction with DEALSTREETASIA, Tokopedia co-founder and CEO William Tanuwijaya said the company, which last year raised a $1.1-billion funding round led by Alibaba, is on course to build a centre for research and innovation whose benefits will extend beyond the startup and reach Indonesia’s e-commerce industry.

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