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.
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.
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.