Contenders racing to become the top ecommerce site in Indonesia, and the arms dealers who love them

In Indonesia, aCommerce and Matahari Mall are two firms set to grow very close. aCommerce just announced it will handle MatahariMall’s end-to-end operations, winning it the largest account in Indonesia to date.

In addition, Hadi Wenas, previously aCommerce Indonesia’s co-CEO, recently joined MatahariMall as CEO. aCommerce’s Peter Kopitz will leave his position as group COO to fill Wenas’ shoes in Indonesia for an interim period. 

However, SingPost and Indonesia’s largest mobile device retailer Trikomsel are pushing out another Indonesian ecommerce services firm that will directly compete with aCommerce and Vela Asia. As a result, Japan’s SoftBank indirectly purchased US$120 million in shares of Trikomsel’s stock to hedge its ecommerce bets in the nation. 

While names like Lazada Indonesia and MatahariMall are duking it out for the iron throne of Indonesia, behind the curtains names like aCommerce, SingPost, and Trikomsel are all scrapping for who can be the go-to arms dealer.