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Alibaba in talks for stake in Indonesia online marketplace Tokopedia: sources

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Alibaba has been aggressive in setting up e-commerce operations and digital payments networks.

Singapore

ALIBABA Group Holding Ltd is in talks to make a major investment in Indonesia's PT Tokopedia, people familiar with the matter said, potentially scoring a second deal to accelerate its expansion into South-east Asia's largest economy.

The Chinese company is in negotiations

sentifi.com

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