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.

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.