The Alibaba and SoftBank-backed peer-to-peer e-commerce platform is looking to close $1bn to $1.5bn in funding early next year.

Tokopedia, an Indonesia-based e-commerce marketplace backed by e-commerce firm Alibaba and telecommunications and internet group SoftBank, has begun talks with to raise $1.5bn from potential investors, Bloomberg reported on Friday. Existing investors are in the frame to invest as are undisclosed US-headquartered internet companies, according to people familiar with the matter, who said the company…

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