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Jakarta Post

B2B e-commerce companies upbeat about coming years

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Wed, April 17, 2019   /  06:50 am
The Jakarta Post Image
An e-commerce application(JP/Donny Fernando)

The local e-commerce sector basked in the international spotlight when homegrown Tokopedia hit unicorn status in 2017. Now, business-to-business (B2B) e-commerce players are confident that their company will be the next to step into the spotlight in following similar trends in digital platforms. Alexander Lukman, COO at B2B marketplace Ralali, said B2B e-commerce in the United States and India peaked two to five years after their consumer-facing counterparts peaked. “But with Industry 4.0 accelerating economic growth in Indonesia, I think we can expect that B2B’s time will come two to three years after consumer e-commerce reaches its peak,” he told The Jakarta Post. Alexander explained that consumer e-commerce would peak when 50 percent of the population used C2C e-marketplaces such as Bukalapak, Lazada and Tokopedia. A recent H...