Indonesia's Food Delivery Service GMV Hits 52 Trillion Rupiah, Grab and Gojek Leading the Market
The developments in 2020 are considered to be permanent, encouraging an increasing future trend
Randi Eka - 31 January 2021
The food delivery sector has accelerated growth during the pandemic. According to research by Momentum Works, this service GMV in six Southeast Asian countries will reach $11.9 billion in 2020. In Indonesia alone, the total value has reached $ 3.7 billion or equivalent to 52 trillion Rupiah - dominated by two big players, Grab and Gojek, respectively holding 53% and 47% of the total market share.
In addition, this achievement actually contributed only 1% of the potential for food delivery in Indonesia, which value is projected to reach $61 billion by 2019. The main indication is that the players' penetration is still focused on big cities, while the business in tier-2 and tier-3 has not been much optimized.
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