CDP Institute

Online bottle shop, BoozeBud has stopped taking orders online and will begin laying off staff as it undergoes reassessment of its business due to insufficient funds. This comes following the company’s 2021 purchase of Get Wines Direct, in which it acquired 200,000 active customers and $80 million in combined annual revenue.

Mortar AI’s most recent version of its SaaS marketing automation platform incorporates features to help small to mid-sized agencies provide clients with AI-driven, automated campaigns that focus on first-party data and can help address challenges related to privacy compliance. The platform uses technology from Microsoft, Adform and LiveRamp and runs on Microsoft’s Azure.

Ministry of Science, Technology and Innovation (MOSTI) in Malaysia, through Cradle Fund Sdn. Bhd. (Cradle), has launched a series of micro- conferences, MYStartup NXT, as part of the efforts to create an inclusive, impactful and sustainable startup ecosystem in Malaysia.

Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore customers and businesses can buy and sell directly in the Meta-owned messaging app using credit cards, debit cards and Singapore’s real-time payment system PayNow.

Brazilian live shopping startup Mimo Lives Sales, received funding from Cencosud Ventures, the corporate venture capital unit of Chilean retailer Cencosud, which has supermarkets and retail stores in several countries in the region. The amount of the financing was not disclosed. In Mimo Live Sales, infuencers make their products and services known through the brand’s e-commerce, allowing the audience to add products to the shopping cart in real-time.

There is a huge opportunity of how AI could be implemented into companies in Latin America because they are still focusing on building tools rather than solving problems. Senzai, a start-up, has raised $2 million pre-seed this year. Its   technology focuses on three tools: measuring impact, experimentation and optimization to figure out which customers are likely to respond to certain sales and marketing campaigns so that outcomes improve. The company plans a formal launch at the end of the year.

South African e-health startup Quro Medical has raised ZAR25 million (US$1.3 million) in funding from the Mineworkers Investment Company (MIC). Founded in 2018, Quro Medical has developed an affordable and accessible hospital-at-home solution that combines state-of-the-art hardware and software with clinical excellence to manage acutely ill patients in the comfort of their homes.

Kenyan startup Fingo has partnered with Ecobank to launch a new app aimed at powering financial inclusion across Africa. Fingo, which took part in Y Combinator in 2021, empowers Africa’s youth by enabling them to open a bank account via their mobile phone in less than four minutes, send money to other Fingo users for free, and to M-Pesa users and paybills via Paybills and Till numbers at subsidized rates.

Nigeria’s Towntalk has built a data infrastructure that leverages “hard to collect” location data and implements AI methodologies to develop a range of risk protection solutions for security, logistics and agriculture companies in Africa. Formed in 2020, Towntalk has built a “data ecosystem” that is further enhanced by industry partnerships with leading security companies.

A new Arktic Fox Digital Report in partnership with Amperity revealed the demand in Australia for CDPs almost doubled from last year (21% to 40%). Respondents plan to prioritise investment in this part of the martech stack in the coming year and a half.

IAB Australia’s Data Collaboration Platforms Explainer includes information on data clean rooms, customer data platforms, matching services and data management platforms.  It’s designed to help marketers, agencies and others understand their capabilities and how they can be used for data collaboration in digital advertising.

Indonesian e-commerce company PT Bukalapak.com Tbk (Bukalapak) said it has slipped into the red by recording a net loss of $68.18 million in the first quarter, as compared to a net profit of $991.99 million a year ago.