Lippo Group Launches Web-Based E-Procurement Service Mbiz.co.id

Mbiz.co.id offers an integrated and web-based e-commerce experience. It offers an electronic catalog of thousands of products in  various categories, ranging from IT products, stationary and industrial tools to groceries, provided by a number of certified vendors in Indonesia.

“The value of sales from online retail in Indonesia is less than 1 percent of the total [bricks-and-mortar] retail sales,” said Andrew Mawikere, co-founder of Mbiz.co.id, describing the growth potential in the sector.

Christopher Hartono, head of general services at Bank Nobu, a bank owned by the Lippo Group, said ever since the lender cooperated with Mbiz.co.id since October last year, the company was able to easily acquire any goods it needed.

“Transactions became more transparent and convenient,” he said.