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%, contributing 5.4% to Gross Domestic Product (GDP). With 88.1 million internet users in 2016 (34% of Indonesia’s population), the number of Indonesian online shoppers grew from 7.4 million in 2015 to 8.7 million in 2016.
Methods used to pay for on-demand services in 2016 were cash (69%), e-money via applications (28%) and credit cards (12.46%).
Bahar’s presentation deck on “E-commerce in Indonesia” can be found here.
For media enquiries, please contact:
Manager, Group Corporate Communications
Spire Research and Consulting
Phone: (91) 124 646 5499
Spire Research and Consulting is the leading research consultancy in global emerging markets. Spire's competitive advantage lies in its ability to deliver actionable intelligence on the external business environment in support of its clients’ strategic decision-making in marketing and business development. Spire's clients include 50 Global Fortune 1000 companies and government agencies in 15 countries. For more information, please visit www.spireresearch.com.