SoftBank-backed Tokopedia scores record $1.3 billion Ramadan sale
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JAKARTA (Reuters) - Tokopedia, an Indonesian e-commerce site backed by SoftBank and Alibaba, said on Wednesday it generated a record $1.3 billion (£1 billion) in gross merchandise volume (GMV) during Ramadan sale, amid soaring demand for online retail. The company said its biggest sales, recorded on May 17, resulted in a total transaction value that was higher than combined sales from the first six years."Those transactions are happening across 97% of sub-districts in Indonesia and involved 5.9..