CDP Institute

While Olympics fanatics mourned the restriction of international visitors at Tokyo 2020, the IOC team was brainstorming how to connect people around the globe to the Games through their favored devices. Let check out more about the “Olympics-sized task“ of completing a multi-year project within a year.

Digital media company iMedia is entering the social commerce scene with a full acquisition in Lovelife Technologies, owner and operator of beauty eCommerce and influencer marketing company Favful.

Asia Pacific ad spend is expected to grow by 8.0% to US$229 billion this year, with Australia and India forecasting especially high growth rates. Dentsu’s latest ad spend report said 2021 growth in those to countries is expected to surpass pre-pandemic levels in China.

Carsome Group has acquired 19.9% of iCar Asia from Catcha Group. Carsome and Catcha Group have also made a joint proposal to iCar Asia’s independent directors to acquire the balance of 80.1% of iCar from its shareholders. The total transaction is estimated to be worth more than US$200 million and according to Carsome, makes it Malaysia’s first tech unicorn. It also reportedly cements Carsome’s position as Southeast Asia’s most valuable digital automotive marketplace.

French fashion house Louis Vuitton is furthering its reach in Latin America with a new ecommerce site and boutique. Online shoppers can pick up their orders at the Louis Vuitton flagship store in Mexico City.

The way we work, shop, sell, and live has changed enormously. 2020 will be remembered as a period unlike any other which witnessed unprecedented demand for online products and services. This is particularly true for markets like Latin America where this demand was already growing rapidly, pre-COVID 19, and the region’s ecommerce market was on course to reach $187 billion by the end of 2021.

The Rural Electrification Authority of Zambia and the Renewable Energy & Energy Efficiency Partnership have signed a Memorandum of Understanding to monitor and support the country’s electrification efforts through data collection and analysis.

YouTube has announced the release of the beta version of YouTube Shorts in Nigeria. YouTube Shorts is the company’s new short-form video experience that lets users create short, fun videos with their mobile phones. With TikTok and Instagram Reels already enjoying market equity, YouTube Shorts has pretty cool creation tools that could attract users to the platform.

Nigeria’s most populous City, Lagos has introduced a technological-driven device called: the Traffic Management Solution Device (TMS), aimed at ensuring that the residents comply with traffic law. The TMS is a handheld device, would allow for real-time capture of picture and video evidence of road traffic and vehicle compliance violations as they occur.