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  • What Were Indonesia's Most Popular E-Commerce Platforms in 2017?

    What Were Indonesia's Most Popular E-Commerce Platforms in 2017?

    Last year Lazada and Tokopedia were the two most successful e-commerce platforms in Indonesia in terms of visitor numbers. These two giants are followed by Bukalapak and Blibli. Meanwhile, Elevenia (owned by the Salim Group) fell outside Indonesia's top 5 e-commerce platforms. While it ranked third at the start of 2017, Elevenia ended 2017 at 7th position.

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  • E-Commerce in Indonesia: Many Consumers Look Offline, Buy Online

    E-Commerce in Indonesia: Many Consumers Look Offline, Buy Online

    Based on a new survey, conducted by ShopBack Indonesia, two out of every five Indonesians buy a product online after having seen the product in an offline store. The survey mentions that 42.2 percent of women and 40.7 percent of men indicate that they have seen the goods directly in the physical store (offline) first and then decide to buy the goods online.

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  • Traditional Retail Sector Indonesia Needs to Adapt to Digital Reality

    Traditional Retail Sector Indonesia Needs to Adapt to Digital Reality

    Traditional retail companies in Indonesia need to change their business-as-usual mindset to overcome fierce competition from online shops or e-commerce. In line with rising Internet and smartphone penetration as well as improving infrastructure, more and more goods and services can now be purchased online - often at more competitive rates -, implying the role of Indonesia's "old fashioned" traditional retail companies is on the decline.

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  • XL Axiata May Sell Part of Stake in E-Commerce Platform Elevenia

    XL Axiata May Sell Part of Stake in E-Commerce Platform Elevenia

    One of Indonesia's leading cellular services providers, XL Axiata, may sell part of its stake in online marketplace Elevenia to collect new funds for expansion of this e-commerce platform. However, there is also another option. XL Axiata could also decide to use funds from its internal cash reserves. Dian Siswarini, President Director of XL Axiata, said a decision will be taken within the next two months.

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  • Value of E-Commerce Transactions in Indonesia Predicted to Soar

    Value of E-Commerce Transactions in Indonesia Predicted to Soar

    Indonesia's e-commerce industry has grown rapidly (in two-digits, annually) over the past five years. This growth is expected to continue in 2017 as well as in the years ahead. Aulia Marinto, Chairman of the E-Commerce Association (idEA), expects the value of e-commerce transactions in Indonesia to surge between 30-50 percent year-on-year (y/y) to USD $45 billion in 2017 from an estimated USD $30 billion in 2016. Indonesia is still in the early stages of the digital economy revolution and therefore there is ample room for robust growth, particularly due to rising Internet and smartphone penetration.

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  • E-Commerce Indonesia: What Do Indonesian Consumers Buy Online?

    E-Commerce Indonesia: What Do Indonesian Consumers Buy Online?

    Indonesia Investments often reports about Indonesia's blossoming e-commerce industry (a lucrative sector for investors). Online retail is growing rapidly in Southeast Asia's largest economy because both Internet and smartphone penetration are rising sharply in Indonesia, while expanding per capita GDP boosts people's purchasing power. But what do Indonesia's consumers actually buy online? A new survey from Google Indonesia gives some more information.

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  • E-Commerce Market Indonesia: Online Retail Growing Strongly

    E-Commerce Market Indonesia: Online Retail Growing Strongly

    In line with Indonesia's promising e-commerce market - supported by rising Internet penetration, rising smartphone penetration and per capita GDP growth in Southeast Asia's largest economy - online shopping site MatahariMall.com has grown strongly since its launch a year ago. The online retailer, which celebrated its 1-year anniversary on Friday (09/09), sees its turnover grow by an average of 10 percent each month and already entered the top five of biggest e-commerce players in Indonesia (in the business-to-consumer category). However, exact (turnover) figures were not mentioned.

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  • Online Scams in Indonesia: 26% of Consumers Become Victim of Fraud

    Online Scams in Indonesia: 26% of Consumers Become Victim of Fraud

    Global software security group Kaspersky Lab says Indonesia is the leading country in terms of online financial fraud. Based on a survey conducted by Kaspersky Lab involving 26 countries around the globe, 26 percent of online consumers in Indonesia become victim of online financial fraud. Countries that rank second and third in this index are Vietnam (25 percent) and India (24 percent). Ross Hogan, Global Head of Kaspersky Lab's Fraud Prevention Division, says the company detected an increasing amount - and a wider variety - of online financial scams worldwide.

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  • Opening Foreign Investment in Indonesia: E-Commerce Industry

    Opening Foreign Investment in Indonesia: E-Commerce Industry

    Soon foreign investors will be allowed to control a full 100 percent stake in electronic commerce (e-commerce) businesses in Indonesia. Currently, the Indonesia Investment Coordinating Board (BKPM) is completing a new regulation that streamlines the latest regulatory changes in this industry (this regulation is expected to be completed in June 2016). Earlier this year, Indonesian President Joko Widodo signed a decree that opens (more wider) foreign ownership in various industries, including Indonesia's e-commerce industry.

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  • Online Advertisement Spending in Indonesia Estimated to Grow

    Online Advertisement Spending in Indonesia Estimated to Grow

    RTB House, a Poland-based technology firm that develops solutions for personalized display advertising in more than 30 markets across the globe, expects online advertisement spending in Indonesia to reach USD $4.92 billion by 2019 (up 250 percent from estimated online advertisement expenditure in 2016). This rise comes on the back of Indonesia's rising Internet and smartphone penetration. Recently, Indonesia surpassed the magic number of 100 million in terms of Indonesian Internet users.

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Artikel Terbaru Online Shopping

  • Battle of the Retailers: Department Stores vs E-Commerce Platforms

    Battle of the Retailers: Department Stores vs E-Commerce Platforms

    After the closing of several Ramayana Department Stores and Matahari Department Stores, as well as the (planned) closing of all remaining Lotus Department Stores (per 26 October 2017) in Indonesia, Indonesia's conventional department store industry needs to come up with a new strategy or shopping concept to survive amid increasingly fierce competition from domestic and global e-commerce platforms.

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  • Alibaba Group to Invest in Indonesia's Online Shop Tokopedia?

    Alibaba Group to Invest in Indonesia's Online Shop Tokopedia?

    Rumors are that China's e-commerce giant Alibaba Group Holding Ltd is interested to expand its business in Indonesia, attracted by the nation's per capita GDP growth as well as rising smartphone and Internet penetration. Alibaba may invest in Indonesian online shopping facilitator Tokopedia. Tokopedia, established in 2009 by William Tanuwijaya and Leontinus Alpha Edison, is one of Indonesia's biggest online marketplaces.

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  • Indonesia is the World's Fastest Growing Mobile-Commerce Market

    Indonesia is the World's Fastest Growing Mobile-Commerce Market

    A new study conducted by the Better Than Cash Alliance, a partnership consisting of governments, companies, and international organizations, shows Indonesia has now become the world's fastest-growing mobile-commerce market (m-commerce). Growth of online shopping in Southeast Asia's largest economy is attributed to the rising spending power of Indonesia's middle class as well as expanding Internet and smartphone penetration. According to the study, Indonesia's m-commerce market surged 155 percent in 2016.

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  • Expansion Alibaba to Indonesia to Cause Rising Trade Deficit with China?

    Expansion Alibaba to Indonesia to Cause Rising Trade Deficit with China?

    The USD $1 billion acquisition of Southeast Asia-based e-commerce platform Lazada Group SA by China's e-commerce giant Alibaba Group Holding Ltd may give rise to a larger flow of Chinese products into Indonesia. Lazada is an e-commerce platform that operates in Indonesia, Malaysia, the Philippines, Thailand and Vietnam. Southeast Asia is an interesting market for Alibaba as only 3 percent of retail sales are conducted online in this region, implying huge growth opportunities. Meanwhile, Alibaba has been eager to expand abroad as growth in China has been slowing.

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