The Ministry of Industry Expects Indonesian E-Commerce to Grow 60%-70% this Year

That the Indonesian e-commerce industry has developed vastly is not an uncommon thing to know. The Ministry of Industry even predicted that the industry will grow much more significant in 2015, even though people’s worries toward online fraud are still there. Continue reading The Ministry of Industry Expects Indonesian E-Commerce to Grow 60%-70% this Year

eBay to Own More of Metra Plasa’s Shares

E-commerce titan eBay aims to add acquire more Metra Plasa’s shares. Metra Plasa, a joint venture between eBay and Telkom which manages Blanja, was re-spawned in 2012, when eBay decided to save the startup from collapsing by injecting $9,2 million to it. The acquirement will change the ownership composition, from 40% eBay 60% and Telkom to 49% eBay and 51% Telkom. Continue reading eBay to Own More of Metra Plasa’s Shares