Sociolla

Unlocking the urban middle-class: Insights from Indonesia’s fast-growing consumer segment

20 December 2024

Insights

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.…

East Ventures’ portfolio rises above Southeast Asia’s digital economy|EBITDA margins 2024 - e-Conomy SEA

6 November 2024

Insights

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. The report…

Capturing Indonesia's beauty wave|ESQA

24 October 2024

Insights

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…

Produk ESQA |Esqa co-founders Kezia Trihatmanto (left) and Cindy Angelina|Esqa cosmetics|Sociolla store with Esqa display|Esqa co-founders Kezia Trihatmanto (left) and Cindy Angelina

28 November 2023

From Portfolios

Indonesian beauty firm turns US$40k investment into profitable business in two years

Around a decade ago, best friends Cindy Angelina and Kezia Trihatmanto studied together at Pepperdine University in Los Angeles. The two had known each other since childhood, and their friendship has sparked a revolutionary idea for the beauty industry in their home country of Indonesia.…

9 June 2023

From Portfolios

Driving equitable digital access through ESG implementation in companies

Environmental, Social, and Governance (ESG) is no longer just a “good-to-have” framework. It is now a necessary strategy for businesses today, especially in the fast-paced digital landscape in which more companies emphasize sustainability practices. It was coined in 2005 by the International Finance Corporation (IFC)…

Christopher Madiam

5 April 2023

From Portfolios

Enabling the omnichannel experience and digital behavior: Christopher Madiam, Co-Founder & President of Social Bella

The value of the digital economy is expected to continue to grow and according to a report from Google, it is estimated to reach up to US$360 billion. In your opinion, what is the role of startups in continuing to play an important role as…

Beauty sector outlook 2023

16 March 2023

Insights

How beauty is changing in 2023

Behind its allure and aesthetic appeal, the beauty industry has proven to be recession-proof in the face of various macroeconomic shocks over the past two decades. The “Lipstick Effect” or “Lipstick Index”– an economic indicator from the beauty category, suggests that during periods of recession…

||Esqa co-founders (from left) Kezia Trihatmanto and Cindy Angelina

20 December 2022

From Portfolios

Indonesian D2C beauty brands build foundation for regional expansion

In 2020, Indonesian beauty marketplace Sociolla expanded to its first overseas market – Vietnam. Like in its home turf, Sociolla Vietnam offers products from global brands like Maybelline and Neutrogena as well as South Korea’s Laneige. The marketplace also stocks cosmetics from Esqa, Avoskin, and Carasun – all Indonesian brands making…

EV Founders Gathering 2022||||||||||||||||||||

24 August 2022

Insights

How founders should navigate winter situation in sunny Indonesia

The technology sector faces global economic challenges due to the geopolitical situation and fears of an impending recession in the United States (US). This period and the media boom have pulled some digital startups down on corporate valuation and business operations and have implications for…

Chrisanti Indiana

8 June 2022

From Portfolios

Indonesia’s beauty commerce, Sociolla, shows e-commerce can fight plastic pollution

Many cosmetics, skincare, or other beauty products are packaged very attractive to engage buyers. Realize it or not, waste is commonly and inevitably built into the beauty industry’s business model. With the rising beauty consumption that leads to the growing impulsive beauty shopping trend in…