Indonesia news

12 July 2016
FamilyMart, one of Japan’s leading convenience store operators, has posted a 3.1% increase in operating revenues to JPY102bn (US$986m) in Q1 2016, whilst its operating income has declined 5.9%, to JPY10bn (US$100m). Sales growth driven by new stores While FamilyMart has seen a 1% uplift in LFL store sales, the aggressive store expansion in Q1 is also a key driver of the company’s solid ...
12 July 2016
The launch of Inamall, a marketplace on Tmall Global enables Indonesian businesses to sell to Chinese consumers directly. Supported by the Indonesian government Inamall was luanched by Indonesian Trade Minister Thomas Lembong and Alibaba Group vice president Brian A Wong. “ E-commerce is among the fastest and most effective way to reach out hundreds of millions of consumers in China and ...
05 July 2016
Uni-President Enterprises, one of the largest conglomerates in Taiwan, has set a target to significantly boost its sales in Southeast Asia within the next few years. Double or triple the sales in the region Uni-President currently operates the 7-Eleven convenience store chain in Taiwan, the Philippines, and China. The company recognises the exciting opportunities backed by the large po...
04 July 2016
Watsons Indonesia plans to add between 15 and 20 new stores in 2016, on Java, Bali and in Jakarta. The new stores will open predominantly in shopping malls. Targeting 18.2 percent growth in revenue this year The stores in Indonesia are operated by Duta Intidaya, founded in 2005 and is listed on the Indonesia Stock Exchange from June. Duta Intidaya currently operates 47 Watsons branches in J...
30 June 2016
In this roundup we look at the global partnership between Alibaba and Mars Inc, the launch of a British Mall on JD.com, as well as a new agreement Alfamart has signed with Tokopedia. Mars teams up with Alibaba Mars Inc has revealed that it will form a global strategic partnership with China’s e-commerce giant Alibaba. This expands on the successful tie-ups Mars has built with Tmall, Al...
22 June 2016
Amazon is going to invest US$600m in Indonesia, according to Daniel Tumiwa, the Chairman of the Ecommerce Association of Indonesia (IDEA), reported by local media Kompas. One-year testing period The IDEA chairman said he did not know exactly when Amazon would begin operations in Indonesia but said that the company would probably follow the same pattern as its expansion into other large co...
20 June 2016
Japanese convenience store chain Ministop has announced that it will terminate the current franchise agreement with Indonesian retailer Bahagia Niaga Lestari (BNL). Failure to gain traction in the market After ending the partnership with BNL, Ministop will have to exit the market, at least temporarily. But it’s reported that the company is searching for a new partner and will potentially...
15 June 2016
As UAE-based LuLu enters Indonesia and France-based Casino announces plans to add Leader Price stores in Morrocco and LuLu and UAE-based Majid al Futtaim discuss expansion plans in existing markets, we round up news from the region. LuLu expands in Saudi Arabia… LuLu has opened its seventh hypermarket in Saudi Arabia, a c. 18,500 sq. m store in the Amir Fawaz district of Jeddah. At the stor...
13 June 2016
The Indonesian convenience chain reported consolidated revenues of IDR 49.4tn (US$ 3.71bn) for 2015, up 20.1% year-over-year. Its total store number reached 12,210 and it will continue to drive the phenomenal expansion. Higher sales per day than 2014 Sales per day was reported to be IDR 12.2m (US$917.3) - 4.9% higher than 2014, despite the fact that 35.3% of the new stores was opened in 4Q1...
31 May 2016
Alfamart is going to utilize its 10,000 store network as pickup points for its new online shopping platform Alfacart. Taking advantage of the store network Alfacart, the new e-commerce platform will carry one million products from sellers, and is expected to generation IDR1tn (US$70m) transaction. The existing shopping website Alfaonline will be replaced. The advantage of Alfacart over th...