Consumer Economy

Indonesia’s messenger app market is already highly saturated, Oy’s CEO, undeterred, is up for something “really hard”.

From the English word “Store”, Ztore is a popular name for small grocery stores in Cantonese.

J&T is going a route that’s heavy on physical retail stores, Exaq, which is just starting out, has a more radical vision.

The O2O firm is looking at making Go-Deals the biggest discounts platform in the country in the next 6 months.

Platforms like Tokopedia and Bukalapak will soon require online sellers to register their identification numbers in a bid to comply with the government’s new rules.

E-commerce companies seem to be changing their preference from third-party payment options to those developed inhouse.

Shoppers on Tokopedia will have more options to buy goods that they previously couldn’t afford to pay for upfront.

On the surface, this region seems predestined for an app similar to the latest Chinese e-commerce disruptor. But once you look deeper, challenges outweigh the potential — for now.