Largest E-Commerce in Indonesia - What are the biggest e-commerce companies in Indonesia in 2020? Check out the following reviews! The Indonesian e-commerce market is projected to skyrocket in the coming years. It is almost certain that the digital economy can become one of the main pillars of the country's economy in the future. It is not wrong if many business people and investors are interested in this one industry. The following 5 names are included in the top e-commerce list.
Shopee
Shopee was first launched in Singapore in 2015. Since then the company founded by Chris Feng has expanded its reach to other Southeast Asian countries, including Indonesia.
In Indonesia alone, the average Shopee application visitor reaches more than 93 million users. This also makes it the e-commerce platform most frequently visited by Indonesians.
Shopee's parent company is Sea Group. Meanwhile, a giant company from China, Tencent, is the main shareholder of Sea Group with a value of 39.7%. Meanwhile, the fund company, Blue Dolphins Venture, holds 15% ownership of Shopee's shares.
Tokopedia
This company is in the second position as the most visited e-commerce with an average of 86 million visitors each month.
In 2018, Tokopedia's share ownership structure was leaked to the public. From this information, it was stated that the founder and CEO of Tokopedia, William Tanuwijaya, only controlled about 5.6% of shares in his own company.
Tokopedia's main shareholder is Softbank with almost a valuation value of nearly 40%. In addition, Alibaba's ownership in this one company reaches 25%. Meanwhile, Tokopedia's Co-Founder and Vice Chairman, Leontinus Alpha Edison only owns 2.3% of shares.
Bukalapak
In third place, Indonesia's e-commerce company is occupied by Bukalapak. Bukalapak's average monthly visitor is 35 million users.
Bukalapak has three main shareholders, namely PT Elang Mahkota Teknologi Tbk (Emtek), Ant Financial, and GIC Singapore. Emtek through PT Kreatif Media Karya owns 36.86% of Bukalapak's shares.
Lazada
The next biggest e-commerce company is the marketplace founded by Rocket Internet and Pierre Poignant in 2012. The average visitor of Lazada Indonesia is 22 million times per month.
In 2016, Alibaba officially acquired Lazada by providing fresh funds of IDR 13.7 trillion and making it the majority shareholder of 67%. Two years later, Alibaba returned Rp27.5 trillion in funds to Lazada.
Other investors who have funded Lazada are Tesco, Temasek Holdings, Summit Partners, JPMorgan Chase, Investmen AB Kinnevik and Rocket Internet. Indonesian conglomerate Antoni Salim, through the Salim Group, the owner of Indofood, is known to hold shares in Rocket Internet.sho
Blibli
PT Global Digital Niaga or Blibli was founded about 10 years ago by Kusumo Martanto who also serves as the company's CEO. Monthly visitors to Blbli reach 18.3 million times. The owner of Blibli is Martin Hartono who is the son of the richest man in Indonesia who owns the Djarum Group, Budi Hartono.
PT Global Digital Niaga or Blibli is a subsidiary of PT. Global Digital Prima which is part of one of the largest cigarette manufacturers in Indonesia, the Djarum Group. It is known that the Djarum Group budgeted US $ 1 million per year to fund this e-commerce company.