Equity Analysis /
Indonesia

ID : Retail - E-commerce series: sellers’ charge rates

    CGS-CIMB
    1 April 2021
    Published byCGS-CIMB

    In this edition of our e-commerce series, we highlight the commission rates charged to sellers by the top five e-commerce players in Indonesia. It is noteworthy that none of the players have booked a profit, suggesting that they may need to improve take rates, while also managing cash burn rates. Blibli’s ads and commission fees are highest for C2C. Bukalapak’s ads fee is among the highest, but its (and Tokopedia’s) commission fees are lowest.