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From E-Commerce to Alcohol: Here Are 5 Gov't Policies That Triggered Trump’s 32% Tariff
Jakarta. The Indonesian Chamber of Commerce and Industry (Kadin) has urged the government to thoroughly review and clarify five domestic policies that the United States claims are harmful to American interests, prompting Washington to impose a 32 percent ...Business Apr 6, 2025 | 1:50 pm
Bukalapak Ceases Most E-Commerce Operations, Shifts to Utility Payments Amid Stock Decline
Jakarta. Bukalapak (BUKA), once a leading e-commerce platform in Indonesia and a market sensation after its IPO in August 2021, has announced the closure of its trading platform to focus on utility bill payments. The e-commerce service will cease ...Business Jan 8, 2025 | 3:53 pm
Indonesia’s Digital Economy On Track to Reach $90 Billion in 2024, Led by E-Commerce
Jakarta. Indonesia’s digital economy is projected to reach a gross merchandise value (GMV) of $90 billion (Rp 1,422 trillion) this year, marking a 13 percent increase from the previous year, according to a joint report by Google Indonesia, Temasek, and ...Business Nov 14, 2024 | 9:50 am
Government to Block Sales of iPhone 16 and Google Pixel on E-Commerce Platforms
Jakarta. Trade Minister Budi Santoso announced that Indonesia is prepared to take action against e-commerce platforms selling the iPhone 16 and Google Pixel, as neither smartphone has received government approval for domestic sale. "E-commerce platforms ...Tech Nov 5, 2024 | 7:25 pm
FUTR Discusses Challenges Facing E-Commerce, Retail in 2024
Jakarta. Lini Imaji Kreasi Ekosistem (FUTR) recently took part in the 2nd Annual Indonesia Retail & E-Commerce Summit & Awards 2024. During the conference, FUTR’s chief executive officer Martha Rebecca shared her insights on the trends and challenges that ...Special Updates Mar 26, 2024 | 5:00 am
Indonesia Records $29B in E-Commerce Transactions in 2023
Jakarta. Indonesia’s e-commerce sector recorded Rp 453.75 trillion ($29 billion) in transactions throughout last year, a central bank official announced on Wednesday. While the value of e-commerce transactions experienced a slight decrease of 4.73 percent ...Business Jan 17, 2024 | 9:09 pm
E-commerce Transactions in Indonesia Projected to Reach Rp 533 Trillion in 2023
Jakarta. Trade Minister Zulkifli Hasan estimates that e-commerce transactions will reach Rp 533 trillion ($34.41 billion) in 2023, a 10.69 percent increase compared to the previous year, which amounted to Rp 476 trillion. "We must not let the progress of ...Business Jan 4, 2024 | 5:12 pm
TikTok’s E-Commerce Service to Return to Indonesia after GoTo Deal
Jakarta. Short video app TikTok announced Monday that it had struck a deal with the Indonesian tech giant GoTo, paving the way for the former’s online shopping services to return to Jakarta. Indonesia has banned social media platforms from running e- ...Tech Dec 11, 2023 | 11:45 am
Trade Minister Greenlights TikTok's Collaboration with GoTo for E-commerce Venture
Jakarta. Trade Minister Zulkifli Hasan has given the green light for a collaboration between ByteDance Ltd, the Chinese parent company of video-sharing app TikTok, and Indonesia's PT Gojek Tokopedia Tbk (GOTO) to establish an e-commerce platform. " ...Tech Dec 6, 2023 | 4:51 pm
Jamaica Open to Indonesian E-Commerce, Waste Solution Investment
Jakarta. The Jamaican chamber of commerce said Tuesday that their country’s doors were wide open for Indonesian businesses, particularly those in the e-commerce and sustainability sectors. According to the Jamaican business lobby, the rapid growth ...Business Oct 17, 2023 | 4:16 pm
Trade Minister Engages with Traders After Banning Social Media Companies from E-Commerce Activities
Jakarta. Trade Minister Zulkifli Hasan paid a visit to the wholesale market Asemka in West Jakarta on Friday to assess the impact of the recent regulation prohibiting social media platforms from conducting e-commerce transactions. This regulatory action ...Business Sep 29, 2023 | 12:54 pm
Indonesia Imposes $100 Price Floor for Imported Goods Sold in E-Commerce
Jakarta. The Indonesian government is imposing a minimum price of $100 for transactions involving imported goods on online marketplaces under a regulation aimed at safeguarding the interests of local micro, small, and medium-sized enterprises, a senior ...Business Sep 26, 2023 | 4:17 am
Gov’t to Issue Regulation Banning Social Media Platforms from Running E-Commerce
Jakarta. The government is set to introduce a regulation prohibiting tech giants from conducting e-commerce activities on their social media platforms due to concerns over monopolistic practices, President Joko “Jokowi” Widodo said on Saturday. A draft of ...Tech Sep 24, 2023 | 12:30 am
Indonesia Says TikTok E-Commerce Can Lead to Monopolistic Practice
Jakarta. The Indonesian government is set to follow the lead of India and the United States in prohibiting social media platform TikTok from engaging in e-commerce activities within the country. The plan is based on concerns of potential business monopoly ...Tech Sep 6, 2023 | 2:52 am
Gov’t Mulls $100 Floor Price for Cross-Border E-Commerce
Jakarta. The government is taking steps to regulate cross-border online trading to protect small and medium enterprises (SMEs) from unfair competition from e-commerce retailers. One of the proposed measures is to impose a minimum price cap of $100 on ...Business Jul 27, 2023 | 9:38 pm
Tokopedia Becomes Most Popular E-Commerce in Indonesia
Jakarta. A recent survey shows that Tokopedia becomes the most popular e-commerce website in Indonesia, amassing hundreds of millions of monthly clicks. Good Stats, referring to a Statista survey, wrote that Tokopedia garnered a whopping 158.35 million ...Special Updates Mar 20, 2023 | 3:00 pm
Blibli Unveils Strategy for 2023, Expects to Outperform E-Commerce Sector
Jakarta. E-commerce platform Blibli recently said that 2023 would be quite a bright year ahead for Indonesia and the company itself. As the world braces for a recession, there is still hope for Indonesia to withstand the economic decline. According to ...Special Updates Feb 8, 2023 | 10:06 am
E-Commerce Still Beats Social Commerce in Digital Economy: Expert
Jakarta. An expert recently revealed that e-commerce still takes the lion’s share in the digital economy, despite the rising popularity of social commerce like TikTok Shop. Prani Sastiono, a researcher at the University of Indonesia's Economics and ...Special Updates Jan 30, 2023 | 1:11 pm
Tokopedia Voted as Most Trusted E-Commerce in Kadence International Survey
Jakarta. Tokopedia has been named the safest, most trusted, and most satisfying e-commerce platform in a recent survey by global market research firm Kadence International. Kadence said the survey was conducted from 2-15 November 2022, involving 1,200 e- ...Tech Dec 9, 2022 | 10:55 pm
Survey: Tokopedia Most Popular E-Commerce Among Millennials & Gen Z
Jakarta. A recent online survey by news outlet Kumparan shows Tokopedia as the most popular e-commerce among Indonesian millennials and Gen Z, followed by Shopee and Lazada. Kumparan recently surveyed 577 online shoppers -- all between the age of 17 and ...Special Updates Aug 26, 2022 | 7:42 am
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