Comment on SoftBank and Sequoia invest $100 million in Indonesian e-commerce startup Tokopedia

SoftBank and Sequoia invest $100 million in Indonesian e-commerce startup Tokopedia

Image Credit: Courtesy of TokopediaIndonesian e-commerce site Tokopedia has landed a $100 million round of funding led by SoftBank and Sequoia Capital. In a press release today, the firms said the round was officially led by SoftBank Internet and Media, Inc. (SIMI) with participation by Sequoia. Both firms will take board seats on Tokopedia as part of the financing.

 

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