Lippo continues e-commerce push with payment service
Indonesian conglomerate also plans to launch chat and other online services early next year
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INDONESIAN conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the world's fourth-most populous country, a senior executive told Reuters.
Lippo has already earmarked US$500 million for a new online department store, and investment in services planned for the first quarter of 2016 will be on top of that, director John Riady said on Wednesday.
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