News

Archive for April, 2022

Categories : CDPI Emerging Markets
Dates : April 2022

Aussie accommodation comparison website fined $44.7M by Federal Court for misleading consumers

April 28, 2022
The Australian Competition and Consumer Commission (ACCC) initially launched legal proceedings against Trivago in 2018, alleging the site’s hotel comparison service had been misleading consumers for nearly four years. The highlighted prices were often not the cheapest, but instead those Trivago was prioritising for advertisers willing to pay the best cost-per-click rates for promotion.
CDPI Emerging Markets

Hong Kong’s Omnichat raises $1.8M Pre-A round funding to expand business to Southeast Asia

April 28, 2022
Omnichat, a Hong Kong-based omni-channel chat commerce solution provider has raised $1.8 million in Pre-A round funding and announced its business expansion plan to Southeast Asia. Omnichat said in a statement that the funding will finance Omnichat to further expand the business to Southeast Asia (SEA) markets, and the first stop will be Singapore, Malaysia and Thailand.
CDPI Emerging Markets

Cybersecurity startup Strike raises US$5.4M

April 28, 2022
Strike is a continuous penetration testing platform that seeks to expand access to cybersecurity in Latin America. Penetration tests are simulated cyberattacks to detect vulnerabilities. Strike proposes that companies get offensive security throughout the year for the same price they used to pay for a one-time checkup a couple of times in the same period. Strike combines automation with a network of ethical hackers working for the company.
CDPI Emerging Markets

Morado, a Colombian startup aiming to digitize beauty salons, raises US$5M

April 28, 2022
Morado’s value proposition is offering to the owners of beauty salons, spas, and related establishments a Marketplace of supplies of all kinds (beauty products, uniforms, furniture) giving them credits, next-day delivery, and other digital stores’ related services. The company has said it will use this financing to expand its operation in Colombia, where it already has 60 employees, and expand into Mexico, where it plans to be operational by the end of this year.
CDPI Emerging Markets

Gupshup Acquires AskSid, the Leading Conversational AI Platform for Ecommerce and Retail Companies

April 28, 2022
Gupshup, a global leader in conversational engagement, announced today the acquisition of AskSid, a leading Conversational AI provider to top ecommerce and retail companies around the world. AskSid’s full-stack AI solution including the Retail AI brain, strengthens Gupshup’s customer experience (CX) offerings and will help make the entire shopping journey – across pre-purchase, purchase and post-purchase phases – fully conversational.
CDPI Emerging Markets

MarTech platform Involve Asia expands to Vietnam

April 21, 2022
Involve Asia, a MarTech platform for partnership marketing in Southeast Asia, has expanded to Vietnam, marking its growing footprint in the region. Marketing partners in Vietnam face lengthy payment processes while working for marketers, and this is what Involve Asia aims to solve. The company said Vietnam is an important market for Involve Asia as it is one of the fastest-growing economies in Southeast Asia with a vibrant and technologically savvy population.
CDPI Emerging Markets