Tokopedia confirms it is fund raising, does not reveal if talks are on with China's JD.com

Tokopedia confirms it is fund raising, does not reveal if talks are on with China's JD.com

William Tanuwijaya Photographer: Dimas Ardian/Bloomberg

Indonesia’s PTTokopedia appears to have given away that it is set to bag a new round or investment.  Recent reports have indicated that the country’s largest marketplace site is in talks with Chinese e-commerce major JD.comAlibaba’s largest rival – and the latter is set to pump in a “significant” amount, to the tune of hundreds of millions of dollars, into the platform.

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