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.
Against the odds: East Ventures’ portfolio rises above the e-Conomy SEA 2024 report’s baseline
Southeast Asia's digital economy is poised for significant growth. The latest report from e-Conomy SEA 2024 by Google, Temasek, and Bain shows how the digital economy demonstrates solid performance with double-digit growth across GMV, revenue, and profit, proving growth can happen alongside profitability.
Capturing Indonesia’s beauty wave: A blooming market with immense potential
Indonesia, a rapidly growing economy with the world's fourth-largest population, is emerging as a significant market for the global beauty and personal care industry. This sector is currently valued at US$7 billion and is projected to reach US$10 billion by 2027, with a healthy annual growth rate of 10%.
Indonesia’s F&B startups are more robust with the resilience of Indonesia’s economy
Food and Beverage (F&B) has appeared as a resilient sector for Indonesia despite the slowdown during the pandemic. While most industries experienced a contraction, the F&B sector still grew by 0.2 percent in revenue growth year-on-year (YoY) in the second quarter of 2020, as Statistics Indonesia (BPS) data shows.
Navigating the fintech landscape: Indonesia’s journey and potential
Indonesia’s fintech sector has undergone dynamic evolution, beginning with innovations in online payments and diversifying into different vertical industries, reaching the untapped markets in tier 2 and tier 3 cities, and addressing the unique financial needs of other startups in the ecosystem. This evolution highlights the adaptability and diverse innovations within Indonesia’s fintech landscape.
Finding the right path to profitability in Southeast Asia’s digital landscape
In recent years, the startup business landscape has experienced a challenging time, a so-called “tech winter,” a period when startups are facing a tougher fundraising climate and persistent inflation. This phenomenon has prompted startups to pivot towards building more sustainable business models focused on driving profitability.
EV-DCI 2024: Examining the digital potential of Indonesia’s regions
The East Ventures – Digital Competitiveness Index (EV-DCI) 2024 report has again mapped the digital competitiveness of Indonesia’s provinces and cities. The latest report shows that several provinces are considered to have prospective digital potential, including East Java, Yogyakarta, Bali, Riau Islands, East Kalimantan, North Sumatra, Central Java, Gorontalo, and Southeast Sulawesi.
What’s next in Indonesia’s healthcare landscape: Digital transformation, preventive care, and early detection
The Indonesian healthcare landscape has improved significantly in the past decade. It has strengthened access to funding through the successful rollout of the BPJS Kesehatan, or universal healthcare, and the successful reforms implemented through the Omnibus Law that we will see in the coming years.