Investment MatahariMall.com Second Largest in Southeast Asia

PHOTO ILLUSTRATION - The launch of the e-commerce business MatahariMall.com in Jakarta, on Wednesday, February 25th (SP / Ruht Semiono)

Jakarta - Investment MatahariMall.com Lippo Group managed to penetrate the two major online shopping business or e-commerce in Southeast Asia. Lippo Group has allocated an investment of US $ 500 million over the next 2-3 years to create the largest e-commerce company in Indonesia with a turnover of US $ 1 billion. Later, MatahariMall.com Alibaba's ambition is to become an Indonesian version.

As reported by the site Techinasia.com, recently, the position MatahariMall.com are second with an investment of US $ 500 million. The first position is occupied Lazada.co.id with an investment of US $ 686 million. That said Lazada business is already worth US $ 1.25 billion.

Outside of Silicon Valley, Tech in Asia observe 15 e-commerce company that funded large enough in Southeast Asia. When emerging startup businesses, public attention in recent years is focused on Silicon Valley. But in 2014, Southeast Asia began to get the attention of the world in this online business.

Currently online shopping transactions in the region is not as big as in the West, but this business is growing very rapidly compared to previous years. Nonetheless, this Tech Asia assess surge of e-commerce business in Southeast Asia do not necessarily reflect the healthy condition.

Tech in Asia recorded Lazada and MatahariMall invest most in this business. Lazada ranked first with an investment of US $ 686 million, followed by MatahariMall of US $ 500 million.

GrabTaxi occupied the third position with an investment of US $ 340 million. Next, Zalora in fourth position with an investment of US $ 238 million.

In fifth place, there Tokopedia with an investment of US $ 100.7 million, sixth, iCarsclub with an investment of US $ 70.4 million, seventh, PropertyGuru with an investment of US $ 53 million, eighth, Reebonz with an investment of US $ 40 million, ninth, Bubbly with an investment of US $ 39 million, as well as the tenth position, MyRepublic with an investment of US $ 37.5 million.

Furthermore, for the 11th to the 15th in a row occupied Carmudi with an investment of US $ 35 million, Migme with a value of US $ 34.6 million, Wego with an investment of US $ 34.5 million, Viki with an investment of US $ 24.3 million, and Redmart with an investment of US $ 23 million.