Japanese corporates, VCs back Indonesian e-commerce site
500 Startups and existing investors Gree Ventures have together invested in Bukalapak, an Indonesian e-commerce marketplace, alongside two Japanese strategic investors: price comparison site Aucfan.com and digital marketing firm IREP.
Details of the transaction were not disclosed. According to TechinAsia, Bukalapak - which is Indonesia's second biggest online market place - will use the injection of new capital to enhance its marketplace...
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