Indonesia’s ecommerce giant-to-be Matahari Mall launches with $500M backing

13:35 10.09.2015
With $500 million in backing from Indonesian real estate development company Lippo Group earlier this year, Southeast Asia’s latest e-commerce giant in-waiting, Matahari Mall, said it has officially launched Wednesday. Some have called its ambitions comparable to other regional e-commerce giants like Alibaba in China or Rakuten in Japan — but for the 250-million-strong Indonesian market. It plans to sell everything […]...
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