Embassy in Jakarta woos Lankan companies to enter Indonesian market

Saturday, 26 November 2022 00:00 - - {{hitsCtrl.values.hits}}

Shopee is a Singapore based multinational tech company that specialises in e-commerce, and is considered the largest e-commerce platform in South East Asia with 343 million monthly visitors.

It serves consumers and sellers across countries in East Asia, Latin America and Europe. On 11 November 2022, the Embassy of Sri Lanka in Jakarta organised a meeting with the participation of Export Development Board (EDB) Chairman/Chief Executive Suresh De Mel, EDB Market Developments Division Director Anoma Premathilaka and Shopee Senior representatives to discuss modalities for Sri Lankan companies to enter the Indonesian market through Shopee. Indonesia, with a $ 1 trillion GDP, is the world’s fourth-most populous countries with more than 270 million people and a middle class of 180 million and growing. According to recent articles Indonesia will rank among the top 10 economies in the world in near future.

With over 171 million internet users, Indonesia is one of the biggest online markets worldwide. The number of online shoppers in Indonesia were forecasted to increase from 20 million in 2017 to 65 million by 2022.