Tokopedia Plans US IPO Boosting Southeast Asia Ecommerce
Indonesian e-commerce giant Tokopedia is accelerating its IPO plans, having hired advisors and evaluating various options, including a SPAC merger. A potential merger with Bridgetown Holdings, backed by Li Ka-shing, is being considered, with a valuation potentially reaching tens of billions of dollars. This move is expected to attract more international capital, boost the development of the Southeast Asian e-commerce market, and present both opportunities and challenges for investors.
