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View all search resultsE-commerce creates entrepreneurs, expands markets in crisis
Tokopedia has around 8.3 million SMEs on its platform today and most of them were first-time entrepreneurs.
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any Indonesians are trying to be entrepreneurs to keep making money via e-commerce platforms amid the economic downturn caused by the unfolding COVID-19 pandemic. Unequal internet access and digital literacy, however, will be major roadblocks to progress, experts say.
E-commerce unicorn Tokopedia, which was one of Indonesia’s start-ups with a valuation of over US$1 billion, reported Wednesday it had around 8.3 million small and medium enterprises (SMEs) on its platform today, and most of them were first-time entrepreneurs.
“Their first business started with Tokopedia,” William Tanuwijaya said during The Jakarta Post’s webinar “Expanding market access for SMEs throughout Indonesia” on Wednesday.
“With a digital platform like Tokopedia, we can expect that more and more SMEs will rise and, with lots of entrepreneurs, lots of job creation will also happen.”
