Rapid Growth And Further Opportunities For Food Delivery Services In Indonesia

摘要

1. While still in a nascent stage, Indonesia's food delivery market is growing rapidly.Covid-19 related restrictions, on the operations-side of restaurants and the movementof consumers, have acted as a catalyst for significant growth in the sector over 2020 andwe believe the expansion will continue in 2021.2. We believe the expansion focus in 2021 will be the race to digitalise and on-board thelarge number of historically popular informal food vendors throughout the country,which has already got underway in 2020.3. Indonesia offers a good mix of key indicators that make it an attractive market for thefurther growth of the food delivery. These include a large and urban youth population,who are increasingly connected to the Internet and recording growth in disposableincomes.4. While the country's challenging topography makes the linking up urban centresharder, the current administration is investing heavily in the country's roadinfrastructure, which bodes well for food delivery companies looking to expand acrossthe country.