Indonesia’s Astro Raises $60M To Work on 15-minute Grocery Delivery.
Indonesia’s sprawling archipelago has long been a headache for logistics companies.
Many countries demand delivery got a boost during the COVID-19 pandemic in Indonesia.
E-grocery penetration in the country remains low and is estimated 0.5% In 2022,
companies like Astro that are trying to prove the convenience of online grocery ordering over brick-and-mortar visits.
The e-grocery delivery market in Indonesia is projected to reach $6 billion by 2025.
The benefit of this approach is that to monitor the quality of customer experience.
Astro currently operates in around 50 locations across Greater Jakarta.
Jakarta, fleet of about 1,000 delivery drivers.
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