Indonesia's Tokopedia said to be raising $1b from SoftBank, others

Indonesia's Tokopedia said to be raising $1b from SoftBank, others

Tokopedia co-founder and CEO William Tanuwijaya. Photographer: Billy H.C. Kwok/Bloomberg

PT Tokopedia, Indonesia’s largest online marketplace, has become the country’s most valuable startup after raising $1 billion from existing investors including SoftBank, according to people familiar with the matter.

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