Indonesian Ecommerce Market to be Worth $25 Billion in 2016

28 July 2015.

The ecommerce market in Indonesia is expected to be worth around 25 billion US dollars by 2016.

This is a threefold increase on the 8 billion US dollars the market was worth just 3 years ago, with growth largely being attributed to rapidly rising internet penetration in the country.

Almost 300 Indonesians now have a mobile phone and over 80 million people are regular internet users in the country.

The Indonesian company Lippo Group has already announced its intentions to invest in 500 million US dollars in the development of an online department store. The company also owns much of the online infrastructure, such as satellites, data centres, fibre optic cables and 4G mobile network base stations.

 

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