Saturday, May 23, 2020

Increasingly in demand during Covid-19 pandemic, here is the history of e-Commerce

During the Covid-19 pandemic broke out, the government implemented the lockdown area. As a result, there has been an appeal and hashtag #workfromhome, #studyfromhome, etc. which limits the movement of individuals to travel. If we are used to shopping for necessities directly, then online stores are now the solution.

The history of online stores has begun since the 1970s. The birth of online trading activities began when ARPANET (Advanced Research Projects Agency Network), the first network based on TCP/IP protocol that became the forerunner to the internet, was used to manage cannabis sales between students at Stanford Artificial Intelligence Laboratory and Massachusetts Institute of Technology. In the book he wrote What the Dormouse Said, John Markoff described it as "an act of seminal e-commerce".

Modern online stores as we know them today are closely related to the discovery of the World Wide Web in 1990. With the opening of the internet to the public in 1991, this is a new era that started the birth of web pages that we know today.

The first e-Commerce site was launched by Book Stacks Unlimited in Cleveland US which opened a commercial website by selling books online with credit card payments. The online trading milestone began in 1995 where was launched by Jeff Bezos and eBay was founded by computer programmer Pierre Omidyar as an Auction Site in the same year.

The e-Commerce giant from China Alibaba Group founded by Jack Ma then followed in 1999. Since then, online trading sites have grown rapidly, both in terms of the website quantity and transaction scale. This is in line with the explosion of the dotcom era.

Then what about in Indonesia? The history page of online stores in Indonesia began in 199 when Andrew Darwis founded a forum called Kaskus in which there was a special channel for buying and selling. In the same year, Bhinneka swerved from selling offline to online in response to the economic crisis that occurred at that time.

In 2005, Tokobagus was founded by two Dutch youths namely Arnold Sebastian Egg and Remco Lupker. Both get ideas after seeing positive developments from Amazon sites in the United States. Tokobagus later changed to OLX in 2011.

In the 2000s, other big Indonesian e-Commerce players also emerged, namely Tokopedia and Bukalapak. Then came the global giants who invested in Indonesia such as Lazada, Zalora, Shopee, and others.

However, the world of e-Commerce in Indonesia had experienced a bleak period when the collapse of several large buying and selling sites. Rakuten, an online buying and selling site from Japan, had to leave and close its business in 2016. Likewise, the application that is predicted to be a supporter of Indonesian SMEs Qlapa should be out of business.

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