Free Subscription

  • Access 15 free news articles each month


Try one month for $4
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

Rakuten strengthens Indonesian business

InsideRetail.Asia reported in April that Japanese Internet giant Rakuten remains committed to the Indonesian market despite ending its local partnership contract with PT Global Mediacom (MNC Group).

Just recently, it has proven that commitment via a cross border e-commerce platform that promises users a better user interface and more overseas products. The new platform is to be launched on June 3, reports Tech In Asia.

The new platform will enable Indonesian merchants to do cross-border trades in different Rakuten marketplaces backed up by an enhanced language support, adds the report.

Rakuten Belanja Online, Rakuten’s online mall in Indonesia, is also upgrading its payment process through partnership with Veritrans, a payment gateway company founded by Ryu Kawano.

“Rakuten is confident that Indonesia has potential to become the biggest e-commerce market in Asia. The launch of our new global e-commerce platform and payment gateway signifies Rakuten’s continued and deepened commitment to merchants and customers in Indonesia,” said Rakuten Belanja Online CEO Ryota Inaba.

Rakuten Belanja Online said Indonesian business is continuously thriving. It said gross merchant sales rose more than 115 per cent year-on-year, number of online shops climbed by 129 per cent and paid orders grew 257 per cent.

You have 7 free articles.