IDC feels that Indonesia’s aim for e-commerce transactions to hit US$18 billion this year and US$130 billion by 2020 is unrealistic.
Indonesia's e-commerce market is expected to hit US$81 billion in 2025, accounting for 40% of the total market in South-East Asia.
Bangkok-headquartered e-commerce solutions provider aCommerce said it has raised a “strategic venture round” worth an eight-figure sum in US dollars.
The Indonesia online pavilion platform Inamall has launched on Alibaba Group’s Tmall Global marketplace, bringing to Chinese consumers authentic Indonesian brands and products while giving Indonesian businesses access to the China market.
Indonesian online shoppers will soon have more choices thanks to an agreement between MatahariMall and New Zealand’s Fishpond.
Amazon.com Inc will be bringing a US$600-million war-chest into Indonesia with its designs on the country’s e-commerce market, according to a local media report.
30 e-commerce sites and marketplaces are joining forces to launch Indonesia’s first-ever Hari Belanja Online Ramadhan (Harboldan), special online shopping days in conjunction with the Muslim holy month of Ramadhan.
The country’s e-commerce and digital momentum should be directed at helping grow the economy in rural Indonesia, said President Joko ‘Jokowi’ Widodo, who promised to hasten the process.
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