Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Tokopedia to initiate '€˜Silicon Valley'€™ in RI

  • The Jakarta Post

    The Jakarta Post

Jakarta   /   Thu, November 13, 2014   /  09:12 am

PT Tokopedia, one of the biggest e-commerce players in Indonesia focusing on the marketplace sector, plans to initiate over the next five years an Indonesian version of the US'€™ well-known start-up company complex, Silicon Valley.

'€œOur vision is to develop Indonesia through the Internet,'€ Tokopedia founder and CEO William Tanuwijaya mentioned in a press conference in Jakarta on Wednesday.

In October, the company received a US$100-million investment from SoftBank Internet and Media and Sequoia Capital. It was the very first time that these firms invested in Indonesia.

SoftBank is the biggest investor for Chinese e-commerce powerhouse Alibaba, while Sequoia is the initial investor for Apple, CISCO, Oracle, Yahoo, Google, LinkedIn, YouTube, WhatsApp and Instagram.

William said that with such investments the company would find an ideal place, such as the Googleplex in Silicon Valley, to develop its Internet business.

'€œWe will build something that is similar to Googleplex in Indonesia, let'€™s call it a Tokopedia campus. We are still looking for a perfect place [for the Indonesian version of Googleplex] and we will heavily invest for it,'€ he said, adding that such a place would absorb tons of manpower, which would contribute a great deal of tax revenue to the region.

'€œWe are really inspired by the US. Silicon Valley became the Silicon Valley that we know today because there was a company who started the business. So, there has to be a company in Indonesia to start it ['€¦] perhaps [we will not] build it in Jakarta.'€

On the same day, Tokopedia officially announced rising star Chelsea Elizabeth Islan as its brand ambassador.

'€œChelsea Islan has her own idealism, which makes us sure that she is the right figure to represent Tokopedia'€™s vision and mission for Indonesia,'€ said chief operating officer Leontinus Alpha Edison. (***)


Your premium period will expire in 0 day(s)

close x
Subscribe to get unlimited access Get 50% off now