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Indonesia's top e-tailer switches to Lippo-backed payment app

Tokopedia picks Ovo as e-wallet to counter rising rivals

The Ovo e-payment service is cropping up at retail locations across Indonesia, like this mall in Surabaya.

JAKARTA -- Top Indonesian e-commerce site Tokopedia appears to have abandoned its long-suspended e-wallet in favor of a partnership with Ovo, a digital payment platform developed by local conglomerate Lippo Group.

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