EconomyDuring the Pandemic, E-commerce Shopping and Food Shopping are...

During the Pandemic, E-commerce Shopping and Food Shopping are Rising Rapidly

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E-commerce transactions are dominated by non-cash transactions with the largest proportion using the bank transfer method as much as 38,58% and electronic money at 23,60%.

Shopping transactions through e-commerce and online transportation applications in Bali have increased amid the Covid-19 pandemic.

Based on data from Bank Indonesia, total transactions via e-commerce in Bali recorded an increase of 27,61% in the fourth quarter of 2020 compared to the previous period ( quarter to quarter / QtQ) or an increase of 69,84 percent on an annual basis ( year on year / YoY).

In the fourth quarter of 2020, the value of e-commerce transactions in Bali was recorded at IDR 1.120,26 billion. In detail, e-commerce transactions are dominated by non-cash transactions with the largest proportion using the bank transfer method at 38,58% and electronic money at 23,60%.

Meanwhile, the policy of limiting people’s activities in Bali also encourages increased food shopping services through online transportation applications. Since the second quarter of 2020, food shopping services control more than 80% of transactions on online transportation applications.

In the fourth quarter of 2020, food shopping transactions through online transportation applications reached IDR188,95 billion (80,46% share) of the total online transportation application transactions recorded at IDR234,85 billion.

SourceBisnis

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