JAKARTA - Issuer distributors and retail telecommunications Trikomsel Oke Tbk. (TRIO) in collaboration with the company online shopping sites Singapore Post, to work on e-commerce in Indonesia is booming.
Sugiono Wiyono, President Director Trikomsel, said the strategic objectives of such cooperation is to be the main partner for brands and business e-commerce merchants in Indonesia is growing rapidly.
This is done by providing logistics and omni-channel e-commerce for global companies and well-known brand in Indonesia. This partnership will combine Trikomsel as the owner of the distribution network and logistics operations SingPost and e-commerce in the region.
Both companies have agreed to form a joint venture in Indonesia where Trikomsel will take ownership of 67% and SingPost through its subsidiaries namely SP eCommerce will take ownership of the remaining 33%.
"We are excited, in the middle of the growth of e-commerce that is so fast in the world and especially in Indonesia, we can cooperate with SingPost to develop e-commerce business in Indonesia," he said in a disclosure to the Indonesia Stock Exchange, Monday (9/3 / 2015).
He admits, with the expertise, technology and strong resource, owned by both parties, the agreement can meet and provide innovative services to customers in Indonesia.
Wolfgang Baier, Group Chief Executive Officer of SingPost said, Indonesia is expected to become the third largest consumer in the world after China and India as well as the seventh largest economy in the world.
"As a regional company that encourages the growth of e-commerce business, it is important for us to find a good business partner for emerging markets," he explained.
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