Sunday, June 19, 2016

Amazon to enter Indonesian market, gets US$600M ready for its first year

idEA Chairman believed that local e-commerce players “stand no chance” to compete against the e-commerce giant Indonesia E-commerce Association (idEA) Chairman Daniel Tumiwa stated that e-commerce giant Amazon is set to enter Indonesian market, as reported by Kontan. “Amazon has announced that it will open an e-commerce [platform] in Indonesia. They will invest US$600 million...
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