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Alibaba rival JD.com eyes major investment in Indonesia's Tokopedia

It's in early talks to pump in hundreds of millions of dollars, spurring its expansion into South-east Asia's biggest economy

Published Tue, May 2, 2017 · 09:50 PM
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Singapore

JD.COM Inc, Alibaba's fiercest rival in Chinese e-commerce, is in talks to make a major investment in Indonesia's PT Tokopedia to speed its expansion into South-east Asia's largest economy, people familiar with the matter said.

JD is in early-stage negotiations to invest hundreds…

KEYWORDS IN THIS ARTICLE

Tokopedia
Indonesia

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