SPIRE SIGN IN Register

Events

Spire's six most recent events.

YBC hosts major seminar in Tokyo on cross-border Mergers & Acquis...
Challenge Iskandar Puteri Triathlon series returns!
DiverseCity International Art Festival 2017 in Kuala Lumpur
DiverseCity International Art Festival 2017 in Kuala Lumpur
Joint seminar held by Spire and YBC on India’s business landscape in 2017
Joint seminar held by Spire and YBC on India’s business landscape in...
Spire speaks on e-shopping prospects in Indonesia
Spire Client Entertainment Night May 2017
Spire Client Entertainment Night May 2017

Spire speaks on e-shopping prospects in Indonesia

3 May 2017

Spire speaks on e-shopping prospects in Indonesia

As more users explore e-shopping and e-payment options, retailers are transforming the online e-shopping experience in Indonesia. Jeffrey Bahar, Group Deputy Chief Executive Officer of the Spire Research and Consulting group, was honored to be a guest speaker at GATES Indonesia ICT Reseller Channel Summit 2017 on e-commerce opportunities in Indonesia.

In his presentation, Bahar shared his insights on the growth of modern retail turnover in Indonesia, focusing on consumer trends and the e-payment eco-system.

Bahar mentioned that the growth of modern retail for 2017 was 10% (growth rate), contributing 5.40% to Gross Domestic Product (GDP). With 88.1 million internet users in 2016 (34% of population), the number of Indonesian online shoppers grew from 7.4 million (in 2015) to 8.7 million (2016).

On the other hand, methods used to pay for on-demand services in 2016 were cash (69%), e-money via applications (28%) and credit cards (12.46%).

Pre-paid e-money has shown significant growth recently. However offline retailers still feel more comfortable using bank cards (debit or credit cards).


For media enquiries, please contact:

Nidhi Singh
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (91) 124 646 5499
E-mail: nidhi.singh@spireresearch.com

[shareaholic app="share_buttons" id="6600070"]
Back to Top

Back to Home
BTBTBTBTBTBT