Unlocking the urban middle-class: Insights from Indonesia’s fast-growing consumer segment
Southeast Asia (SEA), a region populated by nearly 700 million people, is poised for remarkable digital economy growth over the next couple of years. The latest e-Conomy SEA 2024 report by Google, Temasek, and Bain&Company projected a 15% increase in GMV up to US$263 billion. This growth is also largely driven by the rising tech consumption within the region, where consumers are shifting towards digital services.
Willson Cuaca: “A tech winter? Not in tropical Indonesia”
Around 3,000 startups knock on the doors of East Ventures every year, hoping to join the ranks of unicorns like Tokopedia, Traveloka, and Carro, which have all been backed by the prominent VC firm. But if you think that presenting with a pitch deck would fly – think again.
Indonesia’s manufacturing companies: The next economic powerhouse
The expansion of Indonesia’s manufacturing industry has shown a positive trajectory following the global COVID-19 pandemic in 2020. The industry was worth US$240 billion in 2022 and was the 12th-biggest manufacturer in the world. The nation’s manufacturing industry grew by 4.64% in 2023 and contributes around 20% to Indonesia's total Gross Domestic Product (GDP), which amounted to US$1.371 trillion.
Reinventing leadership: Insights from former executives turned startup founders
The recent East Ventures Summit 2024, held in July this year, brought together over 100 experts and leaders in the Southeast Asian tech, startup, and business landscape to share their nuanced insights in more than 30 simultaneous panels.
David vs Goliath: How Indonesian SaaS startups can win
Over the past decade, software-as-a-service (SaaS) has emerged as a successful model for software delivery globally. Both businesses and consumers have been demanding more software tools, and the question has always been – “how to sell and deliver what the customers want at scale?” The hallmark of SaaS - a centrally hosted, web-delivered, multi-tenant architecture (i.e. built once, sold many times) fit into the growing digitalization theme and was the core engine of tech adoption in the US and many developed economies.
Charting new territories: 4 key strategies for business expansion
In an increasingly globalized economy, companies are constantly exploring new markets to drive growth and enhance their competitive edge. The World Trade Organization estimates that world merchandise trade growth totaled 2.7% in 2024 and forecasts it to grow to 3.0% in 2025, highlighting the immense potential for market expansion for businesses.
Uncovering the potential of D2C brands in Southeast Asia
The recent East Ventures Summit 2024 panel brought together leaders from Southeast Asia’s booming direct-to-consumer (D2C) market. Jackson Aw, Founder and CEO of Mighty Jaxx, Roshni Mahtani Cheung, Founder and Group CEO of The Parentinc, and Stephani Herman, Co-Founder and CEO of Compawnion, shared insights into how new-age digital brands like theirs are reshaping the retail landscape across the region.
Exploring synergies and consumer insights in the China-Indonesia business landscape
The dynamic interplay between China and Indonesia’s tech landscapes provides us with a plethora of unique insights and cross-border collaborations. At the recent East Ventures Summit 2024, industry leaders with strong experience and backgrounds in the Chinese tech industry gathered to share their nuances.