Indonesia's Tokopedia bets on logistics acquisitions, AI investments for growth

Indonesia's Tokopedia bets on logistics acquisitions, AI investments for growth

Founder and CEO of Indonesian e-commerce firm Tokopedia, William Tanuwijaya, poses for a photograph at Tokopedia headquarters in Jakarta, Indonesia, July 25, 2019. REUTERS/Willy Kurniawan

Indonesian e-commerce unicorn Tokopedia is investing in two logistics companies and using artificial intelligence to predict buying behaviour as part of an effort to speed delivery and slash shipping costs in the world’s biggest archipelago.

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