US-based ecommerce giant eBay plans to increase its ownership in Indonesia’s MetraPlasa from 40 percent to 49 percent, local media outlet Berita Satu reports. MetraPlasa was originally established in late 2012 as a joint venture between eBay and Telkom Indonesia to head up local ecommerce initiatives. The news comes just days after the official launch of Blanja, MetraPlasa’s consumer-to-consumer ecommerce site in Indonesia.
With the e-commerce industry growing like never before in India, the major players are going all out to stay ahead of the competition. After local e-commerce market players Flipkart and Snapdeal launched same- and next-day delivery services in a few select places in India, now it’s eBay India‘s turn to tighten its grip on the crowded Indian market. eBay India just launched a nine-hour delivery service in Mumbai. The service covers lifestyle and technology products. It’s mainly targeted at office goers and working class people across the city – a large section of the urban population.