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Indonesia targets $130 bln in e-commerce transactions by 2020

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Reuters JAKARTA
Last Updated : Mar 08 2016 | 10:07 AM IST

JAKARTA (Reuters) - Indonesia information minister Rudiantara said the government is targeting $130 billion in e-commerce transactions by 2020 as its opens up investment in the sector to foreign investors.

In 2014, the minister said estimated transactions in e-commerce were $12 billion, and foreacst it would rise to $25 billion in 2016.

(Reporting by Fergus Jensen; Writing by Fransiska Nangoy; Editing by Kim Coghill)

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First Published: Mar 08 2016 | 9:54 AM IST

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