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

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)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Mar 08, 2016 10:45 AM

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