International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


Downloads: 117

Research Paper | Business Management | Indonesia | Volume 7 Issue 2, February 2018


The Performance after Foreign Venture Capital Firm Investment on Start-Up Business in Indonesia- Case Study: Tokopedia

Lawrence Benedictus | Brady Rikumahu [2]


Abstract: This study aims to determine there is an impact of foreign venture capital investment to startup business performances based on the products sold in Indonesia. And also, there is a correlation and relationships with the foreign funding with the traffic website and ranking to the business performances of start-up business. Another thing beside the performance is the condition of e-commerce in Indonesia regarding the performance itself as so many competitor in this industry. The condition of the brand performance index in e-commerce business in Indonesia is very important because it is effected the purchase decision and consumer behavior from the online buyer. This research uses quantitative as the method to find the result of this study to observe population or specific samples, collect data from research instruments by using descriptive and explanatory as the analysis technique for the research. Descriptive is used to find the relationship between each variable and explanatory is to analyzed the relationship between each variable. The sample that used in this research is Tokopedia. Tokopedia is the one of start-up business in Indonesia and also it is the one of unicorn start-up business in Indonesia. Right now, Tokopedia is the first rank of start-up business in Indonesia above other Indonesian start-up like bukalapak, traveloka and etc. Tokopedia got 7 foreign investment from foreign venture capital firm in the last 8 years it established the company. The result of this research is there is correlation regarding the amount of investment to the performance of start-up business itself. The performance of this research related the relationship between the number of investment and also the business performance in the start-up business after it got the investment of foreign venture capital firm to developed the business performance.


Keywords: event study, start-up business, foreign venture capital firm, venture capital, performance


Edition: Volume 7 Issue 2, February 2018,


Pages: 1497 - 1501


How to Download this Article?

You Need to Register Your Email Address Before You Can Download the Article PDF


How to Cite this Article?

Lawrence Benedictus, Brady Rikumahu, "The Performance after Foreign Venture Capital Firm Investment on Start-Up Business in Indonesia- Case Study: Tokopedia", International Journal of Science and Research (IJSR), Volume 7 Issue 2, February 2018, pp. 1497-1501, https://www.ijsr.net/get_abstract.php?paper_id=ART2018201

Similar Articles with Keyword 'performance'

Downloads: 0

Research Paper, Business Management, Zambia, Volume 11 Issue 6, June 2022

Pages: 562 - 570

Are SME's Resilient Against COVID-19?: Evidence in Zambia

Chinyama Kapwacha | Ben Kasesela | Maboipuso Mathabiso Letooane | Mulemwa Muwanei

Share this Article

Downloads: 0

Analysis Study Research Paper, Business Management, United Arab Emirates, Volume 12 Issue 11, November 2023

Pages: 1236 - 1248

The Role of Artificial Intelligence and its Impact on the Human Element in Business Organizations (Emirates Telecommunications Corporation as a Model)

Dr. Shadia Idris | Dr. Ayed Al Harthi

Share this Article
Top