Online Retail Sales Growth in Indonesia Outpaces Regional Neighbors: yStats.com Report
Hamburg-based secondary market research firm yStats.com’s latest publication, “Indonesia B2C E-Commerce Market 2018,” provides market data, trends and shopper preferences in this populous Southeast Asian nation. The report cites a prediction that Indonesia will have the highest growth rate in online retail through 2021, compared to six neighboring nations.
Hamburg, Germany, March 31, 2018 --(PR.com)-- Recent high double-digit growth rates in B2C E-Commerce in Indonesia are propelled by the growing middle class in the country as well as increased Internet connectivity. Sources cited in the yStats.com report predict that Indonesia will lead the Southeast Asia region in online retail sales in 2021 and will be among global leaders in growth among emerging markets. The online growth is attracting large investments in Indonesia’s E-Commerce, and is taking place in the face of challenges such as the island geography plus low Internet and banking penetration.
One key to the rapid growth in online retail sales in Indonesia is the proliferation of mobile Internet connections with the attendant mobile shopping. Nearly 75% of Internet traffic is through mobile, and leading online shopping sites report that most of their connections come from mobile devices. Social media such as Facebook and Instagram also are impacting E-Commerce in Indonesia, as many sellers advertise and receive orders through them, though the country’s leading online merchants such as Blibli, Lazada and Tokopedia also play an important role through their websites, according to the yStats.com publication.
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
One key to the rapid growth in online retail sales in Indonesia is the proliferation of mobile Internet connections with the attendant mobile shopping. Nearly 75% of Internet traffic is through mobile, and leading online shopping sites report that most of their connections come from mobile devices. Social media such as Facebook and Instagram also are impacting E-Commerce in Indonesia, as many sellers advertise and receive orders through them, though the country’s leading online merchants such as Blibli, Lazada and Tokopedia also play an important role through their websites, according to the yStats.com publication.
Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 - 39 90 68 50
Fax: +49 (0)40 - 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats
About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.
Contact
yStats.com GmbH & Co. KG
Yücel Yelken
+49 (0)40 39 90 68 50
www.ystats.com
Yücel Yelken
+49 (0)40 39 90 68 50
www.ystats.com
Contact
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