Indonesia's Online Motorcycle Taxi Transaction Value Projected to Reach Rp124 Trillion in 2022

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Cindy Mutia Annur 31/10/2022 16:50 WIB

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Google, Temasek, and Bain & Company's research report projects that online transportation transactions, such as online taxi and motorcycle taxi services, in Indonesia will reach US$8 billion in 2022.

Economic Value of the Online Transportation Sector (2019-2025*)

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Economic Value of the Online Transportation Sector (2019-2025*)

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Research by Google, Temasek, and Bain & Company reports that the transaction value of online transportation services, such as online taxi and motorcycle taxi services, in Indonesia is projected to reach US$8 billion, or approximately Rp124.84 trillion (using an exchange rate of Rp15,606/US$), in 2022.

This figure also includes online food delivery services, such as GoFood, GrabFood, and ShopeeFood.

The report, titled *e-Conomy Southeast Asia 2022*, shows that transactions for online motorcycle taxis and food delivery in Indonesia totaled US$7 billion last year. "The value is predicted to increase by 19% to US$8 billion this year," according to the report.

In 2019, transactions for online motorcycle taxis and food delivery in Indonesia amounted to only US$6 billion. This value increased by 9% to reach the 2021 figure.

The transaction value of online transportation in Indonesia is projected to increase by 22% from 2022 to US$15 billion in 2025.

It should be noted that the value of Indonesia's digital economy is expected to increase by 22% year-on-year (YoY) to US$77 billion this year. E-commerce is the main driving sector, followed by online transportation, online media, and online travel.

Editor : Annissa Mutia

"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."

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Indonesia's Online Motorcycle Taxi Transaction Value Projected to Reach Rp124 Trillion in 2022

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