East Ventures on Instagram: "Over the past two decades, the beauty industry has demonstrated resilience despite various macroeconomic shocks, remaining unaffected by recessions. The beauty sector remains a promising area of growth in 2023 💄 East Ventures observes several emerging themes that influence the beauty commerce industry in Indonesia. In 2022, due to supply chain challenges and inflation management, innovation took a backseat for many companies, creating a chance for beauty companies to innovate with less competition for shelf space. Read the complete insight on "How beauty is changing in 2023" by Maria Marcia (@mariamarciatj), Investment Associate at East Ventures & Cheryl Amadea (@cherylamd), Investment Professional at East Ventures, at east.vc/beauty-insight #EastVentures"