Tokopedia Sees Exponential Growth in Merchants amid Pandemic

Translator

Ricky Mohammad Nugraha

Editor

Laila Afifa

Selasa, 8 September 2020 23:08 WIB

TEMPO.CO, Jakarta - Tokopedia VP of corporate communications, Nuraini Razak, on Tuesday, Sept. 8, announced there have been over 9 million active merchants in the Indonesian-made platform, which according to Razak, comprise 100-percent of MSMEs (micro, small, and medium enterprises).

During the virtual press conference, she mentioned that the coronavirus pandemic that hit the nation had presented an unprecedented economic pressure, “However, we have seen up to 1.8 million growth and nearly 2 million traders since the beginning of the COVID-19 pandemic.”

Razak claimed Tokopedia currently accommodates around 100 million active customers searching for over 350 million products available in e-commerce. They also claimed that it serves over 98 percent of sub-districts in Indonesia.

“So, hopefully, more people will further support local MSMEs,” she said.

She revealed that customers, in general, have mostly bought daily fashion products which are reflected in the sales of casual clothes and have also seen a drop in sales of wedding or party outfits.

The social restriction imposed by the Indonesian government at the beginning of the COVID-19 pandemic has also caused a rise in sales of food and beverage products as many people are adapting to stay at home and engaging more in-home cookery.

Read: Tokopedia Works with 'World-class Cyber Agencies' to Secure Data

EKO WAHYUDI

Related News

Bappenas Lauds Jokowi for Indonesia's Stable Economy at About 5 Percent

14 jam lalu

Bappenas Lauds Jokowi for Indonesia's Stable Economy at About 5 Percent

Bappenas Head Suharso Monoarfa lauded President Jokowi's government as the country's economic growth was stable during his tenure.

Read More

Indonesia Says Steady Economy Can Support EV Development in the Country

2 hari lalu

Indonesia Says Steady Economy Can Support EV Development in the Country

Indonesia's success in maintaining economic resilience has enabled the country so potentially to develop its electric vehicle (EV) industry.

Read More

Halal Certification Mandatory Policy Should Not be Postponed, Trade Minister Says

2 hari lalu

Halal Certification Mandatory Policy Should Not be Postponed, Trade Minister Says

Indonesia's Trade Minister Zulkifli Hasan says that the policy necessitating products to have halal certificates by October 2024 must not be postponed

Read More

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

5 hari lalu

Economists Warn of Large Coalition in Prabowo-Gibran's Cabinet

Several experts discussed input for Prabowo-Gibran in forming their cabinet.

Read More

A Domestic Recipe for the Middle East Conflict

6 hari lalu

A Domestic Recipe for the Middle East Conflict

The Middle East conflicts will harm the Indonesian economy. The solution is to improve the domestic economy.

Read More

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

7 hari lalu

Canada's Economy Misses February Growth Forecasts; Q1 GDP Seen Up 2.5%

Statistics Canada said GDP was likely unchanged from February.

Read More

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

7 hari lalu

Finance Minister Sri Mulyani Discusses Middle East Impact Mitigation with VP Ma'ruf Amin

Sri Mulyani said that geopolitical tensions in the Middle East became the focus of world leaders, which will have a significant economic impact.

Read More

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

11 hari lalu

Sri Mulyani Talks of Impact of Middle East Conflict on Indonesia

Finance Minister Sri Mulyani said that geopolitical tensions in the Middle East are on the rise and have drawn the attention of global leaders.

Read More

Tokopedia Rises Merchant Service Fees

11 hari lalu

Tokopedia Rises Merchant Service Fees

Home-grown e-commerce platform Tokopedia has decided to increase its merchant service fees, which will come into effect from May 1, 2024.

Read More

Indonesian Researchers in Spain Discover Antibodies to Avert COVID-19 Virus

15 hari lalu

Indonesian Researchers in Spain Discover Antibodies to Avert COVID-19 Virus

BRIN researcher Yudhi Nugraha and his team in Madrid, Spain, discovered antibodies called Spikebodies that can prevent the COVID-19 virus, SARS-CoV-2.

Read More