Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBanks Vision Fund
December 25, 2018

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba.

SoftBank and Alibaba are existing investors in the business — the Chinese Continue reading

Alibaba is leading a $27M investment in open source database startup MariaDB
October 11, 2017

Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space.

The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) Continue reading