Indonesia's e-commerce unicorn Tokopedia in talks to raise up to $1.5b

Indonesia's e-commerce unicorn Tokopedia in talks to raise up to $1.5b

Founder and CEO of Indonesian e-commerce firm Tokopedia, William Tanuwijaya, gestures as he talks during an interview at Tokopedia headquarters in Jakarta, Indonesia, July 25, 2019. REUTERS/Willy Kurniawan

PT Tokopedia, the online marketplace backed by the SoftBank Vision Fund and Alibaba Group Holding Ltd., is in talks to raise as much as $1.5 billion for a final private funding round before an initial public offering, according to people familiar with the matter.

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