Indonesian e-commerce firm Bukalapak said on Tuesday that it would stop selling physical items on its marketplace soon, amid tough competition from TikTok's Tokopedia and Sea's Shopee in Southeast ...

PT Goto Gojek Tokopedia Tbk (FRA:CK8) reports robust growth in core GTV and fintech revenues, while striving to overcome competitive pressures and achieve positive adjusted EBITDA.

Undeterred, the pair pushed on, and by 2009 Tokopedia was born. Within just six years, it became Indonesia's second tech unicorn and now has a valuation of $7 billion. According to internal data ...