Hugo.com learned from recent reports from foreign media that Indonesian C2C e-commerce platform Tokopedia received US$147 million in investment in the latest round of financing. It is said that Tokopedia’s total financing has reached US$247.7 million.
Tokopedia’s last round of financing occurred in October 2014, led by Japan’s SoftBank Internet and Media Corporation (SIMI) with a US$100 million investment. SIMI declined to comment on Tokopedia's current financing status.
Tokopedia was founded in 2009 by William Tanuwijaya and Leontinus Alpha Edison and has become one of the most successful Internet companies in Indonesia. In the ranking of popular Indonesian websites provided by SimilarWeb, Tokopedia ranked eighth, beating Twitter, WordPress and Wikipedia. It is also the most visited local website in Indonesia. App Annie ranked Tokopedia as the top mobile shopping website based on active users in February 2016.
In a 2011 interview, Tanuwijaya revealed that his company's monthly transaction volume reached $291,200. In 2012, Tokopedia sold 1.2 million items per month. By 2014, the number of items sold per month surged to 6 million, with a monthly growth rate of 10%-20%.
Operating such a large and fast-growing company requires long-term hard work and firm determination. However, without external financial support, the company still cannot develop in the long term. According to founder Tanuwijaya, accepting a US$100 million investment from Japan's SoftBank Internet and Media Corporation (SIMI) last year was the best decision he has ever made. (Compiled by Yang Xueping of Hugo.com)
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