13 February 2020 (closed)
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Berita Hari Ini Digital Economy
The Internet has been one of the most revolutionary technologies in human history. It has made the world a much smaller place by revolutionizing communications. Internet has opened the doors to an enormous amount of information and data that are readily available by only a click or two (thereby completely changing the way people access and consume information).
On Friday (07/02) Indonesia Investments released the January 2020 edition of its monthly report. In this first edition of 2020 we zoom in on the digital economy of Indonesia.
Going digital through mobile devices is a big game in Indonesia, especially in the e-commerce industry. Among the developing countries, Indonesia is a growing digital market with a +100 million internet population and an average of 87 percent of mobile traffic, proving that Indonesia is a mobile-first country.
The value of the e-commerce market in Indonesia is estimated to have grown to the range of USD $55 - $65 billion by 2022. This estimate stems from a new report, titled The Digital Archipelago: How Online Commerce is Driving Indonesia's Economic Development, that was released by management consulting firm McKinsey earlier this month.
One of the best ways to keep current with trends in the eCommerce market is by attending the e2eCommerce Indonesia 2018 conference. The conference is fully packed with motivational speeches by executives from the world's most influential companies and it also provides excellent networking opportunities that can help your business grow.
Melihat berbagai perusahaan startup - di luar dan di dalam Indonesia - berkembang menjadi unicorn yang berpengaruh dengan penilaian setidaknya USD $1 miliar, perusahaan startup layak mendapatkan perhatian khusus. Memang benar bahwa kebanyakan startup berakhir dengan kegagalan dan oleh karena itu penting untuk sepenuhnya memahami semua aspek yang terlibat ketika membangun, menjalankan, dan membeli atau menjual sebuah perusahaan startup untuk menjadikannya sukses.
The local and thriving ride-hailing market in Southeast Asia is dominated by local startups. Foreign counterparts fail to gain significant market share. The latest proof is Uber Technologies Inc.'s decision to sell its operations and assets in the Southeast Asian region to Singapore-based technology company (but originally founded in Malaysia) Grab. Through this consolidation-move, Uber will obtain a 27.5 percent stake in the combined entity, while Uber's chief executive officer will join the board of Grab.
Indonesia has a thriving digital economy due to the huge population that is increasingly connected to the Internet. Meanwhile, growth still comes from a low base and therefore there are plenty of foreign and domestic investors ready to invest in Indonesia's digital economy, for example through capital injections in startups.
Financial investment management company Kresna Graha Investama said it is preparing the initial public offering (IPO) of three subsidiaries on the Indonesia Stock Exchange in the second half of 2018. All three subsidiaries are engaged in the country's digital sector. However, at this stage, Kresna Graha Investama Managing Director Suryandy Jahja only mentioned the name of one unit that is to list, namely Match Move Indonesia.
American multinational technology company Google and American global management consulting firm AT Kearney completed a joint study and released a report, titled "Indonesia Venture Capital Outlook 2017", that shows Indonesia's startup market is thriving - albeit coming from a low base. Financial technology is regarded the top category for future investment.
Artikel Terbaru Digital Economy
Indonesia, the world’s 16th-biggest economy, recently joined the “trillion-US dollar club” having a nominal gross domestic product (GDP) of USD $1.01 trillion. Meanwhile, the country’s annual economic growth has been going at a pace of around 5.0 percent over the past couple of years.
It came as a big surprise to us. Only three days before the new and somewhat controversial e-commerce tax regulation would come into effect, Indonesia’s Finance Ministry decided to delay its execution.
It’s not only a question of being digital or not; it’s more about the level ofdigital transformation that you are willing to take.
Indonesia has four unicorns – a term that refers to startup companies that are valued over USD $1 billion – namely: (1) ride-hailing and logistics company Go-Jek, (2) e-commerce operator Tokopedia, (3) e-commerce operator Bukalapak, and (4) airline ticketing and hotel booking services Traveloka.
Indonesia's eCommerce boom leads to rising demand for new logistics goods delivery concepts. This has been a problem for many brand owners and retailers that lack the technology and expertise in a distribution network. At e2eCommerce Indonesia 2018, around 2,000 attendees from eCommerce, retailers and SMEs will gather to seek answers to these problems. Are you a reliable logistics & fulfillment company? Do you have solutions for eCommerce business? Join us and exhibit your services!
The volume of Indonesia’s digital economy will reach about USD $130 billion by 2020, which will make the country among Southeast Asia's leading nations in terms of digital development. This was stated by local authorities just a week ago. New technologies, blockchain and transformation of the IT-sector will play key roles in this process. With this context in mind, the Blockchain INDO conference in Jakarta, to be held on 11-12 May 2018 in the Kempinski Hotel in Central Jakarta, becomes even more relevant.
Chinese e-commerce giant Alibaba founder Jack Ma having been appointed as special advisor to the Indonesian government for the development of Indonesia's e-commerce sector has led to some concern whether it puts China's richest man in a position of conflict of interest. Ma's Alibaba Group owns big stakes in Singapore-based e-commerce giant Lazada (which operates across Southeast Asia) and Indonesian online shopping facilitator Tokopedia.
NetApp Indonesia, the local unit of the American multinational storage and data management company, predicts three main information technology (IT) trends in Indonesia in 2017: (1) data becoming the "new currency", (2) new platform models taking over, and (3) cloud computing becoming a key source of corporate growth. Ana Sopia, Country Manager NetApp Indonesia, explained that numerous companies, all over the world, are currently experiencing digital transformation challenges.
The number of smartphone users in Indonesia is rising rapidly in line with growing per capita GDP and widening Internet penetration across the Archipelago. Based on data from research institute eMarketer there were 69.4 million smartphone users in Indonesia at the end of 2016. Moreover, the number of Indonesian smartphone users is expected to grow to 103 million by 2018, which would make Indonesia the fourth-largest smartphone market worldwide after China, India and the United States.
During Indonesian President Joko Widodo's visit to Googleplex, Silicon Valley (California) - headquarters of Google, Facebook, Twitter and Plug and Play - he emphasized that the government of Indonesia is committed to push for the development of the digital economy, aiming to make it the largest in Southeast Asia, worth USD $130 billion by 2020 (including the emergence of 1,000 Indonesian technopreneurs). In this context, Widodo also requested the assistance of Google, Facebook and Plug and Play in the form of IT development education.
