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GMV

Govt to require e-commerce platforms to collect tax from sellers
Tech 9 months ago

PREMIUM
Govt to require e-commerce platforms to collect tax from sellers

A new regulation is in the works that aims to collect sales tax via e-commerce platforms, coming at a time industry recorded a slowdown in GMV growth from just 3.7 percent in 2023 to 5 percent last year.
E-commerce to grow moderately in 2021 onward: Report
Business 5 years ago

PREMIUM
E-commerce to grow moderately in 2021 onward: Report

Indonesia's e-commerce gross merchandise value grew by 65 percent to US$37 billion in 2020, driven by online shopping during the pandemic. The growth is expected to slow down this year.
Indonesia’s $3.7b food delivery market largest in region
Business 5 years ago

PREMIUM
Indonesia’s $3.7b food delivery market largest in region

Grab holds nearly half of the Southeast Asian market.
Indonesia's e-commerce sales to surpass India's
Business 5 years ago

Indonesia's e-commerce sales to surpass India's

Indonesia’s 2020 e-commerce GMV will reach US$40 billion this year, the third-highest around the world.
All that glitters: Shopping festivals fleeting e-commerce boom, finds survey
Business 6 years ago

PREMIUM
All that glitters: Shopping festivals fleeting e-commerce boom, finds survey

E-commerce companies need to develop a mobile app strategy to increase customer engagement and move away from overreliance on GMV through shopping festivals, a recent survey cautions.
Gojek, Tokopedia, Traveloka: Tech IPOs in the cards
Business 6 years ago

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Gojek, Tokopedia, Traveloka: Tech IPOs in the cards

On-demand technology service Gojek, online marketplace Tokopedia and online travel startup Traveloka are some of the tech companies that plan to go public. The timeframe remains unclear as they strive to polish their financial performances prior to becoming publicly listed companies
GrabFood books more than threefold growth in GMV in 2019's first half
Business 6 years ago

GrabFood books more than threefold growth in GMV in 2019's first half

According to a survey on Indonesia’s food delivery sector, 58 percent of consumers in Indonesia choose GrabFood as their most frequently used food delivery platform.
No more ‘burning money’: Calls grow for more rational tech valuation as VCs eye Indonesian start-ups
Business 6 years ago

PREMIUM
No more ‘burning money’: Calls grow for more rational tech valuation as VCs eye Indonesian start-ups

With gross merchandise value increasingly becoming the metric to value online retail businesses in their initial stages, venture capitalists and economists are now warning of the sustainability of such valuations.
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