Weekly Digest: How Shopee-Tokopedia Battle Will End?
Summary
- E-commerce players face the risk of high-cost competition long ahead. In China, competition has developed into direct opposition and conflicts, including service blocks affiliated with rivals. However, players in the Indonesian market can take a different path, either through collaboration or "peace" agreements.
- According to information obtained by D-Insights, there is a possibility of an agreement between the two big e-commerce giants in Indonesia, Sea's Shopee and GoTo's Tokopedia. The point is to create a healthy competition.
- Players in the second tier of e-commerce marketplace businesses are looking for new business opportunities to achieve profitability. The road to mergers or being acquired by players with larger funding is still wide open.