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Synopsis: In this episode, Rama Mamuaya, founder of DailySocial.net discussed the fierce competition on ecommerce in Indonesia between two powers: Lazada (Rocke
by bleongcw 11y ago
Synopsis: In this episode, Rama Mamuaya, founder of DailySocial.net discussed the fierce competition on ecommerce in Indonesia between two powers: Lazada (Rocket Internet) vs MatahariMall (Lippo Group). What are the implications to the whole Indonesia ecommerce market? Rama dissects how the war between both ecommerce entities will play out and how it affects the other ecommerce companies such as Tokopedia (which raised US$100M from Softbank) in Indonesia. We reviewed the Indonesia ecommerce market in general with respect to growing internet and mobile penetration, modes of payment from bank transfer to cash on delivery, and also how the second tier cities beyond Jakarta are fuelling the growth of the tech industry.