JAKARTA 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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Updated Date: Mar 08, 2016 10:45 AM