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The jingdong give up with alibaba for investment in Indonesia's largest electricity Tokopedia

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The jingdong give up with alibaba for investment in Indonesia's largest electricity Tokopedia
According to bloomberg, citing people familiar with the news that alibaba plans to invest in Indonesia electricity PT Tokopedia, Tokopedia is Indonesia, the largest e-commerce sites, alibaba plans to invest $500 million. Tokopedia current investors including softbank and sequoia capital, alibaba in a domestic rival jingdong had also plans to invest Tokopedia, jingdong according to reports, however, has to give up the plan, to consider the $100 million investment in India a taxi service company Go - Jek (tencent will invest $100 million m) to Go -- Jek and a tourist site is located in Jakarta & have spent Traveloka. Jingdong has been launched in Indonesia market local electric business platform JD. Id, but ended in failure. Alibaba and jingdong spokesman declined to comment, Tokopedia has yet to buy...
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