What is MatahariMall? MatahariMall Review

Company Introduction

Lippo Group is one of the most powerful companies in Indonesia, owning Matahari Department Store, Hypermart retail chain, and more than 60 shopping malls across Indonesia. MatahariMall was established in September 2015 with an investment of US$500 million by Lippo Group. It allows customers to experience and realize online shopping, and then enter Matahari Department Store, eLockers, or eKiosk in the mall to pick up the goods, making the platform the first O2O e-commerce website in Southeast Asia.

Entry requirements

Over 5,000 items with English descriptions

Experience in selling on Amazon, Lazada, eBay or other platforms

1 team member to operate the account (customer service is handled by MatahariMall.com - no need to answer customer inquiries)

Development History

In September 2015, Lippo's e-commerce website MatahariMall.com officially announced that it would produce and promote advertisements for apartments and motorcycles.

In November 2018, MatahariMall merged with brick-and-mortar fashion retailer Matahari Department Store (MDS) and will focus on selling fashion only.

Financing

In February 2015, Lippo Group had invested US$500 million in MatahariMall.

In October 2016, Matahari e-commerce website received US$100 million in financing, led by Japan's Mitsui Group. This round of financing was originally planned to be completed in 12 months. The financing hopes to expand its share in the Indonesian e-commerce market.

In September 2017, MatahariMall, an Indonesian e-commerce company under Lippo Group, received US$16 million in financing from an offline retailer under Lippo.