MatahariMall

Retail Asia08/07/2016

PT Matahari Putra Prima, a multi-format modern retailer in Indonesia, which operates Hypermart, Smartclub, Foodmart, Boston and FMX, today announced that its Board of Directors has authorized an additional share purchase option of MatahariMall.com for Rp12,065 per share in all cash transaction valued at Rp99.8 billion. The Company’s total shares have raised to 15,728,152 or […]

Retail Asia05/04/2016

After launching its Matahari Mall online shop in October, Indonesia’s Lippo Group is expanding its eCommerce activity into wholesale services. It is set to launch Mbiz.co.id next month, targetting businesses and government institutions. It digitises the procurement process, which Lippo Digital Group CEO Adrian Suherman says translates into efficiency. To offer its customers more choice, […]

Retail Asia05/04/2016

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Taxi and ride app service Grab has formed a strategic partnership with one of the Indonesia’s largest conglomerates to provide logistic services for online shopping. It has signed up with Lippo Group’s MatahariMall, launched last year at a cost of $500 million – the largest eCommerce investment in Indonesia. A competitor to Sequoia-backed Tokopedia, MatahariMall […]

Retail Asia08/03/2016

Three Indonesian eCommerce platforms are about to be launched – by Astra Graphia, CT Corp and a joint venture formed by the Salim and Lotte Groups. This comes after forays into eCommerce in the past 12 months by such Indonesian conglomerates Lippo Group (MatahariMall and Venturra Capital), Sinar Mas Group (SMDV) MNC Group (BrandOutlet) and […]

Retail Asia12/02/2016

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When asked for his views on the issue, Hadi Wenas, the chief executive officer of MatahariMall.com, told reporters on Wednesday (10/02): “We are very optimistic. It will be business as usual for us, we are not afraid, not shocked or confused.” For foreigners, Indonesia is an attractive market for investment, particularly in the e-commerce sector, according […]

Retail Asia08/01/2016

Indonesia public listed retail company PT Matahari Department Store Tbk (LPPF) has increased its ownership in PT Global Ecommerce Indonesia (GEI), which indirectly owns stake in e-commerce player MatahariMall.com. GEI is the controlling shareholder of PT Sinar Rekata Earth and PT Lenteng Transcontinental. The two subsidiaries are the principal shareholders of PT Solutions E-commerce Global, which operates MatahariMall.com. […]

Retail Asia09/12/2015

Pos Indonesia will also install MatahariMall.com “eLockers,” allowing customers to physically pick up their items purchased online from lockers located in ten post offices in the Greater Jakarta area and Bandung. Using these services, online shoppers can also arrange delivery of their reserved items to these pickup points, instead of their home or office address, […]

Retail Asia10/09/2015

Since its soft-launch earlier this year, MatahariMall has garnered nearly 200,000 customers with 200,000 different products in its inventory offered by some 1,200 vendors, according to Hadi. It has also set up a 10,000-square-meter warehouse located near Halim Perdanakusuma airport in East Jakarta. Backed by Lippo, one of the nation’s biggest retail groups, MatahariMall offers […]

Retail Asia13/08/2015

MatahariMall, which is planned to be launched next September, is eyeing 20 per cent of the e-commerce market in Indonesia by 2020. That year, the total market volume is projected to reach US$20-30 billion, compared to US$1.3 billion currently. It was told by MatahariMall’s Chairman Emirsyah Satar to Berita Satu. He stated that the team uses Alibaba […]

Retail Asia07/08/2015

Lippo Group’s new e-commerce unit MatahariMall is embarking on an ambitious expansion plan, aiming for a 20 percent market share of Indonesia’s web-based retail sector by 2020, its chairman said on Wednesday. MatahariMall.com chairman Emirsyah Satar said the potential of the e-retailer, which is slated for an official launching in September, is similar to Chinese e-commerce […]

Retail Asia15/04/2015

Lippo Group, one of Indonesia’s largest business conglomerates, has appointed seasoned technology entrepreneur Hadi Wenas to head its online venture MatahariMall, highlighting its commitment to tap into the growing e-commerce industry. Educated in the US’s Stanford University, Hadi was previously the co-chief executive of aCommerce, an end-to-end e-commerce logistics and service provider for Southeast Asia. […]

Retail Asia02/03/2015

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Indonesian industrial conglomerate Lippo Group is to invest US$500 million creating “the Alibaba of Indonesia”. The Indonesian mall will bear the Matahari department store brand name, MatahariMall replicating and expanding the nation’s largest department store’s bricks and mortar offer online. Lippo Group is one of Indonesia’s largest and diversified corporations, which owns Matahari hypermarkets, department stores […]

Tag: MatahariMall

MPPA increases stake in MatahariMall.com to 10%

Lippo Group expands into online wholesaling

Grab to deliver for MatahariMall

Tough battle brews in Indonesian eCommerce

MatahariMall.com Embraces Foreign E-Commerce Investment in Indonesia

Matahari Department Store ups stake in MatahariMall.com operator

MatahariMall.com, Pos Indonesia in Tandem to Boost E-Commerce

MatahariMall Sets Its Sights High in Booming E-Commerce Scene

MatahariMall aims for 20% of Indonesian e-commerce market by 2020

Online Retailer MatahariMall Sets 20% Market Share Target

MatahariMall snares Zalora’s Hadi Wenas to steer online retail plans

Giant Matahari Mall online planned