"With so many social commerce ventures emerging, they're often entering developing countries where GDP per capita hasn’t reached developed-nation levels. Many individuals are just starting to earn more or gain access to credit, which brings its own challenges, especially with the rise of peer-to-peer loans. Some innovations, whether good or bad, reveal their impacts only over time. With social commerce on the rise, I really hope that one of the outcomes in Indonesia will be a stronger focus on raising financial awareness. As incomes rise, it’s essential that people also develop greater financial knowledge and personal finance awareness.” - Gita Sjahrir, Head of Investment at BNI Ventures" - Gita Sjahrir
"With new investments coming in, especially under a new president keen on attracting more international businesses, we’re seeing a growing number of young people with disposable income. The long-term impact of this shift remains to be seen, but it highlights trends in social commerce. In places like Indonesia, it’s not just social commerce that’s on the rise; there’s also an increase in peer-to-peer loans and online gambling.” - Gita Sjahrir, Head of Investment at BNI Ventures" - Gita Sjahrir
"When it comes to land and real estate, it remains a highly emotional purchase for many in my generation, as we've been raised to value owning land or property. I’m grateful for private sector solutions addressing this, but I also want to ask the public sector: What are you doing to help the next generation of Indonesians afford housing? How are you making mortgages more accessible? What support is there for the average Indonesian who earns a modest income, facing the challenge of saving for a down payment while also managing family debt? These are major questions within Indonesian communities." - Gita Sjahrir, Head of Investment at BNI Ventures" - Gita Sjahrir
In this episode, Jeremy Au speaks with Jeremy Au on Indonesia: 109 member 48 ministry cabinet coalition, Temu ban, TikTok and Bukalapak, and VC investments with Gita Sjahrir.
Keywords: Indonesia, 109 Member 48 Ministry Cabinet Coalition, Temu Ban, TikTok and Bukalapak, VC Investments, Gita Sjahrir, Indonesia, VC, Women, Thought Leadership
