<img class="alignnone size-full wp-image-1548" alt="Page - Startups - Key players graphic 3" src="http://redwing-asia.com/wp-content/uploads/Page-Startups-Key-players-graphic-3.jpg" width="700" height="270" />
<h4 style="text-align: justify;">Indonesian sites are growing quickly: out of the 50 most-visited sites in Indonesia, 22 are local sites, compared to just 12 sites a year ago. But they're not there yet: foreign-based sites still hold the top five places. News and entertainment portals continue to attract large volumes of traffic, but the e-commerce category is growing quickly, with three e-commerce markets and two payment platforms now in the top 50. Outside the top 50, a broad range of newer ventures are still going through their early funding stages, and are therefore potential near-term investment targets.</h4>
<h5 style="text-align: justify;">Foreign sites head the list, but local sites are gaining</h5>
Google leads in Indonesia, followed by the usual suspects in the top 5 (apart from the somewhat surprising blogspot.com...Indonesians are addicted to blogging as well as social media).

Among the 22 Indonesian sites in Alexa's top 50 ranking, Detik and Kompas are still in the top 3, but sites oriented towards e-commerce are rising rapidly.
<p style="text-align: justify;"><img class="alignnone size-full wp-image-1017" alt="Page - Startups - Top sites table 2" src="http://redwing-asia.com/wp-content/uploads/Page-Startups-Top-sites-table-2.jpg" width="381" height="786" /></p>

<h5 style="text-align: justify;">Investment targets exist in almost all internet segments</h5>
<p style="text-align: justify;">Below is our list of all the major investment transactions in Indonesia's tech sector between 2010 and 2012, indicating the year of the transaction and the type of funding. (Please note that no firm definitions of funding stages yet exist in Indonesia, so the terms 'Seed', 'Round 1', etc. are mainly indicative of the funding round sequence, and not necessarily the amount invested.)</p>
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<h6><span style="color: #888888;">Redwing strives for accuracy in its company analyses - if there are any details you would like to add to this analysis please contact us here.</span></h6>