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.
Finding startup 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.
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.
Indonesia’s strategy to decarbonize its way into a prosperous green economy
With extreme weather conditions such as drought, heatwaves, heavy rains, floods, and landslides occurring worldwide, climate change has become a catastrophe that needs international attention and commitment. Southeast Asia and Indonesia in particular, are not free from this torment – rising sea levels are threatening coastal areas and putting small islands in danger as fish and catch quality is deteriorating, alongside agricultural products and water resources, for instance.
5 Keys to redefining agritech in Southeast Asia
The agritech sector in Southeast Asia is at the forefront of addressing some of the most pressing challenges facing global agriculture today. During East Ventures Summit 2024, we brought four of our portfolio to shed light on their insights, experiences, and strategies for overcoming the unique challenges they face in the agritech industry.
Golden Indonesia 2045: Unlocking the potential of Indonesia’s young generation
At the East Ventures Summit 2024, Mr. Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment of the Republic of Indonesia, outlined the vision for ‘Golden Indonesia 2045.’ The excellency highlighted the essential role of the youth in achieving economic growth of 5%-6.5% in the next decade, thanks to the demographic bonus expected to last until 2041-2042.