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Telkom Indonesia and eBay's e-commerce site halts operation one of latest online sellers to call it quits in archipelago nation

The company was primed to become a regional e-commerce leader upon its formation in 2012, but instead became the 24th such operation to shut down in Indonesia since 2013.   © Reuters

JAKARTA --, a joint venture between Telkom Indonesia, Indonesia’s largest telecommunications company, and U.S.-based eBay, has ceased operations, according to an announcement by

"With the change in business strategy, we inform you that starting on Sept. 1, 2020, will cease all purchasing activities. The ongoing purchase, sales, payment and deliveries are still able to be settled," said.

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