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Can Indonesia actually go cashless?

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e27.co

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newsletter@e27.co

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Tue, Sep 26, 2017 11:54 PM

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Editor's Note I spoke with an e-commerce guy this morning and he mentioned a very interesting fact.

[View it in your browser]( [Can Indonesia start the process of going cashless? The Go-Jek boss thinks so]( Editor's Note I spoke with an e-commerce guy this morning and he mentioned a very interesting fact. In Singapore, e-commerce makes up about 3 per cent of total retail sales in the city. A number high enough number rank it fourth in Asia. Furthermore, the top-3 (China, Japan and South Korea) are significantly ahead of the rest of Asia. It is a precipitous drop off. He also pointed out that Rakuten was supposed to change the game, and the same with RedMart before that. It was a necessary reminder that, while we hear a lot about Amazon, Alibaba and Lazada, they really haven't changed the industry...yet. E-commerce is the most developed industry in the Southeast Asia startup scene, but it's also important to remember that there is still a long way to go. -Kevin Articles you shouldn't miss [Indonesia is one year away from seeing e-wallets everywhere: Go-Jek CEO]( by [Anisa Menur A. Maulani]( [A blessed opportunity: Your guide in understanding SEA's rising halal tech industry]( by [Anisa Menur A. Maulani]( [Regulating online hate speech is a big, muddy, complicated mess]( by [Kevin McSpadden]( [With Mateverse, you can create Machine Learning models without writing single line of code]( by [Sainul Abudheen K]( [Ofo in talks to raise new financing of more than US$1B]( by [Technode]( [The Jay Kim Show: Dawoon Kang of Coffee Meets Bagel talks dating, entrepreneurship and Mark Cuban]( by [Kevin McSpadden]( Want to be a thought leader on e27? [Contribute here]( [Startup people vs. normal people in video, part 2]( by [Kai Yong Kang]( [Why developing good apps is not cheap]( by [Young Entrepreneur Council]( [Meet Packet Greens]( a Singapore startup with the mission to grow more varieties of ZERO-pesticide vegetables]( via [e27 Startups]( [Captain's Log, Sept 26: More Singapore cryptocurrency startups ordered to close bank accounts]( by [Yon Heong Tung]( [A guide to creating the ultimate investor pitch deck]( by [Yon Heong Tung]( [e27 discussions, what are some good startup ideas targetting kids?]( by [Kevin McSpadden]( [Read more on e27...]( Jobs: New results for tech BD careers in SEA [Product Management Associate]( Singapore | Marketplace, Finance MoolahSense is Singapore's leading marketplace lending platform. [Apply Now ►]( [Hustlers]( Singapore | Social, Marketplace Cuzzey is a one stop social pets community for supplies & services. [Apply Now ►]( [Community Business Developers]( Singapore | E-Commerce Deal'n empowers users to formulate their own solutions utilizing skills, talents & business, to earn an income in innovative manner across borders. [Apply Now ►]( [Account Coordinator]( Singapore | B2B/Enterprise Accela is a venture backed multi-service branding agency. [Apply Now ►]( [Subscribe]( | [View all openings]( | [List your startup's openings]( [e27 Community Events]( Today @ JTC LaunchPad, Singapore: [All about disruptive technologies targeted to enhance one of the most traditional industries in the world - See you there?]( Want your brand on our Daily Digest? Email us at engage@e27.co! News Echelon Startups Investors Jobs Marketplace "To empower entrepreneurs with the tools to build and grow their companies" [VISIT E27 NOW]( Our mailing address is: e27 71 Ayer Rajah Crescent, #05-21 Singapore 139951 Copyright © 2016, Optimatic Pte Ltd, All rights reserved. [unsubscribe from this list](

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