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Indonesia unicorn Tokopedia secures $500m from Temasek

E-commerce company plans to raise a further $500m-$1bn

Indonesian e-commerce unicorn Tokopedia, founded and headed by CEO William Tanuwijaya, has secured about $500 million from Singapore's state investor Temasek.   © Reuters

JAKARTA -- Indonesian e-commerce unicorn Tokopedia has secured around $500 million from Singapore's state investment agency Temasek as part of the startup's latest funding round, DealStreetAsia has learned.

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