#Google and Temasek Holdings have agreed to invest about US$350 million in @tokopedia, a major cash...


#Google and Temasek Holdings have agreed to invest about US$350 million in @tokopedia, a major cash infusion that will bankroll the Indonesian #ecommerce giant's post-Covid-19 expansion.

#Indonesia has become a key battleground between the regional rivals: The country's e-commerce market is projected to expand from US$21 billion in 2019 to US$82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co.

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