Christinas Province Town
Bookmark (0) Please login to bookmark No account yet? Register Social Bella, the operator of Indonesian beauty ecommerce platform Sociolla, has raised US$40 million in its a Series D funding round co-anchored by venture capital fund EV Growth and Singapore’s Temasek Holdings. The funding round, which brings the startup’s total money raised to date to … Read more
Until a few years ago, building out a robust ecommerce business was lower down on the list of priorities for Umesh Phadke, president director for L’Oréal in the Indonesia market. While the cosmetics giant had built out a strong business there, it was based almost entirely on offline channels and ecommerce accounted for just a sliver … Read more
Indonesia boasts the largest population in the South East Asian region with over 268m people, making it also the fourth-largest population in the world. While the size of the market can be daunting, cross-border shipping has lowered the barriers to entry for cosmetics companies. “The best strategy to penetrate the huge Indonesia market is going … Read more
Forbes 30 under 30 Asia 2022 Forbes 30 under 30 Asia 2022 With a population of 274 million and a growing tech-savvy middle-class, Indonesia has an increasing appetite for consumption. Last year, the Indonesia Statistics Bureau stated that household consumption contributed 54% of the country’s $1.2 trillion in gross domestic products. Digital consumers are growing … Read more
