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.
Tokopedia, which boasts 80 million monthly users, tried to enter the e-payment business with TokoCash in March 2017. But the Indonesian unicorn put that effort on hold six months later after being told to suspend the payment service pending a review by Bank Indonesia.
