Online Food Sales in Indonesia Increase in 2024

Technology & Telecommunications

Premium

Adi Ahdiat 13/03/2025 10:40 WIB

URL has been copied

Memuat...

According to Momentum Works data, the gross merchandise value (GMV) of online food delivery in Indonesia, specifically through GrabFood, GoFood, and ShopeeFood, increased in 2024.

Estimated Gross Merchandise Value (GMV) of Online Food Sales in Indonesia (2021-2024)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Online Food Sales in Indonesia Increase in 2024”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Estimated Gross Merchandise Value (GMV) of Online Food Sales in Indonesia (2021-2024)

Download

Source

A Small Font
A Medium Font
A Bigger Font

The gross merchandise value (GMV) of online food delivery in Indonesia, specifically orders placed through GrabFood, GoFood, and ShopeeFood, increased in 2024.

According to Momentum Works' estimates, the total GMV from these three apps in Indonesia reached US$5.4 billion in 2024, a year-on-year (YoY) growth of approximately 17% compared to 2023.

The growth of online food GMV in Indonesia is significantly higher than in other Southeast Asian countries.

Citing Momentum Works' report, similar GMV growth in Thailand and the Philippines in 2024 was only around 12% (YoY).

Malaysia saw a growth of only 7% (YoY), and Singapore 4% (YoY).

Vietnam had a higher growth rate of 26% (YoY), but its gross merchandise value was the smallest.

Here's a breakdown of the gross merchandise value (GMV) of online food delivery in Southeast Asia in 2024, according to Momentum Works' estimates:

1. Indonesia: US$5.4 billion
2. Thailand: US$4.2 billion
3. Philippines: US$2.8 billion
4. Singapore: US$2.6 billion
5. Malaysia: US$2.6 billion
6. Vietnam: US$1.8 billion

Momentum Works made these GMV estimations based on surveys and interviews with industry players, payment service providers, and consumers.

The GMV data recorded here is an estimate of the value of online food orders received by restaurants or partner businesses of the relevant applications, including canceled orders.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."