After the launch of its Matahari Mall online shop last year, Lippo group is expanding its e-commerce activity into wholesale services.
The Indonesian conglomerate is set to launch Mbiz.co.id in April, which specifically targets businesses and government institutions, unlike Matahari Mall that targets end users.
In a bid to offer its customers a large variety of products, Mbiz is inviting vendors of a wide range of products to join its platform as suppliers.
Its stated goal is to offer a simple alternative to cumbersome conventional procurement, where a business has to find vendors and compare them one by one, negotiate prices and record transactions manually, which takes a lot of time and effort.
(Source: The Jakarta Post)