Buzz, data series, ecommerce, ecommerce in indonesia, Indonesia, infographics, News, TIA infographics, tokopedia

Tokopedia turns 8

Have you ever received US$1.1 billion on your birthday? I, alas, have not. But that’s what Tokopedia, an Indonesian shopping startup, pocketed earlier this week on the occasion of its 8th anniversary. Alibaba, China’s US$420 billion tech giant, led the funding.

Ecommerce is fairly new to Indonesia and its 260 million inhabitants, but it’s now taking off big-time, spurring strong competition in the nascent tech industry. Indonesia’s online shoppers spent US$5.3 billion last year – and that’ll rocket to US$130 billion by 2020.

Here’s our quick guide to Tokopedia:

Tokopedia profile - August 2017

Tokopedia profile - August 2017

Illustrations by Tech in Asia’s Andre Gunawan.

More on Tokopedia:

This post Tokopedia turns 8 appeared first on Tech in Asia.

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