Indonesia's Tokopedia acquires Bridestory at $35 mln valuation

06/19/2019 7:49:00 PM (GMT)

Indonesian e-commerce marketplace Tokopedia has purchased wedding services platform Bridestory.

The transaction values Bridestory at between $30 million to $35 million.

Additionally, Tokopedia has raised about $2.5 billion from investors like Sequoia, Alibaba, and SoftBank.

More so, as of November 2018, the company is valued at around $7 billion.

Tokopedia

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