Chinese tech firms, including Lazada's top investor, Alibaba Group Holding, have poured at least US$6bil (RM23.71bil) into nearly every aspect of Indonesian e-commerce. A view of part of online retailer Lazada's warehouse in Depok, south of Jakarta, Indonesia. Alibaba doubled its investment in loss-making Lazada to US$4bil (RM15.81bil) in April, underscoring its global ambition to secure a bigger share of the e-commerce market. A package for delivery is seen on a conveyor belt at online retailer Lazada's warehouse in Depok. “At this moment, I believe it is trying to test the market, by selling products through third-party sellers,” said Daniel Tumiwa of the Indonesian e-commerce Association.

Source: The Star May 15, 2018 05:26 UTC