East Ventures on Instagram: "When Stockbit was founded in 2013, which was the first time OJK conducted a literacy rate survey, the literacy rate in Indonesia was at 21.8%. The low literacy rate is what motivated co-founders Wellson Lo, Sigit Kouwagam, and Johny Susanto to build investment platform and social media network Stockbit. The COVID-19 pandemic has provided a unique momentum for digital investment platform such as @stockbit and @bibit.id , according to East Ventures Digital Competitiveness Index 2021. As more people are staying at home, they begin to learn about the capital market and join as first-time investors. As investment platforms, Stockbit and Bibit also experienced massive growth amid the pandemic. Stockbit saw its users more than doubled in a year, with Bibit experiencing around 5x user growth within the same period. Read more: bit.ly/DCI-Stockbit"