Startup founded by factory worker's son valued at $7 bn: Reports
Indonesia's largest online marketplace Tokopedia has become the country's most valued startup after raising $1 billion at a valuation of $7 billion, according to reports. William Tanuwijaya, the 37-year-old son of a factory worker, co-founded the company in 2009. Tokopedia, which matches customers with merchants, counts Japan's SoftBank and China's Alibaba among its investors.