Did you know that Indonesia has more internet users than Germany?
With over 90 million internet users, Indonesia is now one of the largest internet users in the world. By 2017, it will have more internet users than Japan!
The volume of internet users, smart phone usage and social media adoption are all key influencers on the growth of e-commerce.
This timeline shows the retail e-commerce sales figures in Indonesia from 2014 to 2015. A forecast is also shown for years 2016 to 2018, in billion U.S. dollars. E-retail sales in Indonesia amounted to 3.22 billion U.S. dollars in 2015 and revenues are expected to grow to 10.92 billion U.S. dollars by 2018.
"South-East Asia’s economic powerhouse from 2010 to 2012, is now facing a slowdown, triggered by the drop in commodity prices – a major source of export income – and the weakening of the rupiah that had led to a decrease in public consumption. The republic experienced economic growth of 6.2% in 2010 and 2011, declining to 5% in 2014. Indonesia’s Central Bank has estimated that economic growth in 2015 will be in the range of 4.7% to 5.1%. Part of the slowdown can be attributed to the overall global economic downturn, which is why observers are looking to the Government to identify the domestic sectors that could potentially contribute to economic growth."
Indonesian E-Commerce Takes Off , Indonesian SMEs and Startup Era in Indonesia articles show the fact about Indonesian ecommerce startup growth.
The relate question is "What do you think if PayPay become as Angel Investor for our business startup?"
I hope PayPal hear us.
