What is the Market Share of Indonesia's Online Transportation Services?
- A Small
- A Medium
- A Bigger
Based on research by Google, Temasek, and Bain & Company titled *e-Conomy* SEA 2019, the gross merchandise value (GMV) of the ride-hailing sector (food delivery services and online transportation) in Southeast Asia was only US$3 billion. However, this increased to US$12.7 billion in 2019 and is projected to reach US$40 billion by 2025.
Indonesia's ride-hailing GMV reached only US$980 million in 2015. This grew to US$5.7 billion in 2019 and is expected to increase to US$18 billion by 2025, the largest in Southeast Asia (ASEAN), as shown in the graph. Currently, the two largest online transportation services in Indonesia are Gojek and Grab.
(Read Databoks: Market Share of Grab in Indonesia and Vietnam Larger Than Gojek)
For information, the number of active ride-hailing users in Southeast Asia reached 40 million, a fivefold increase from 2015. The market share of food delivery services reached US$400 million, while online transportation services reached US$2.5 billion in 2015. However, in 2019, the GMV of food delivery services increased to US$5.2 billion, while online transportation services reached US$7.5 billion. By 2025, the online food delivery sector in the region is projected to match the GMV of online transportation, reaching US$20 billion.
(Read Databoks: Online Transportation Orders in Southeast Asia Reach 8 Million Trips/Day)
"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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