What Indonesia's e-commerce unicorn says it's going to do with $1.1 billion in cash investment

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Indonesian e-commerce firm Tokopedia plans to use the billion-dollar investment it secured last year to make the company 'stronger,' said its associate vice president of financial technology, Samuel Sentana.

Indonesian e-commerce firm Tokopedia plans to use the billion-dollar investment it secured last year to grow its core businesses and make the company"stronger" and more"robust," according to its associate vice president of financial technology, Samuel Sentana.

Speaking to CNBC's"Street Signs Asia" at the Money 20/20 conference in Singapore on Tuesday, Sentana said the money will be used to grow its four key businesses: financial technology and payment; logistics; online-to-offline commerce; and the marketplace and digital business. Financial technology — or fintech for short — can be broadly defined as any digital innovation in financial services, such as insurance or online payments.

"Starting from four cents to the dollar, you can start investing in gold, and that's new for Indonesians," Sentana said.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Gaming?

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Home remodeling is a $450 billion market, and it’s only going to get biggerSturdy growth in remodeling expenditures is led by predictable factors like aging Boomers, and some that are less so, like the increased prevalence of renting.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »