E-Tailing
2 min read
Indonesia’s Lippo & Korea’s Lotte form e-commerce JV
Indonesia’s Salim Group is planning a major foray into e-commerce this year in partnership with South Korea’s Lotte. Indo Lotte Makmur, a 50-50 JV by the two conglomerates, will launch the iLotte online shopping platform as soon as July, putting US$88 million…