June, 2023 - CDP Institute

Dates : June 2023

Google has joined Meta in blocking news links on its Canadian sites, rather than pay publishers as now required by law. The company was less confrontational than Meta in their language, and probably does a better job of blocking misinformation. But the effect is still to make it harder for Canadians to receive reliable news.

CDPI Newsletter

How ever offended the tech giants are at the effrontery of payment demands from local news sites, blocking those sites does diminish the value provided to consumers. That’s not necessarily the best move when 77% of UK and Nordics respondents to this Precis Digital survey are already concerned about how social platforms use their data, and 57% see no benefit in sharing data with brands. Just 7% would trade more data for more relevant and personalized ads, compared with 35% who prefer no data sharing and irrelevant ads. Another 41%... Read More >

CDPI Newsletter

This Consensys study of global consumers mostly offers good news about crypto and Web3. But it also reports interesting attitudes towards personal data: 50% say they add value to the internet, 67% say they should own things they make on the internet, and 70% think they should share in the profit a company earns from their data. Results are broken out for 15 countries.

CDPI Newsletter

Salesforce has spawned thousands of applications that work on its platform. The folks are Unaris argue that many are undercapitalized and poorly managed. They just raised $35 million to buy and strengthen a select few.

CDPI Newsletter

Bored with retail media and connected TV? You can shift your trend-hunting antennae to in-game advertising, which is gaining increasing attention as media channel. Anzu, which offers programmatic in-game ad placements to game developers, just added $48 million Series B to hurry things along.

CDPI Newsletter

The ANA recently estimated that global advertisers waste at least $14 billion year on websites that post unoriginal, low-quality content so they can sell programmatic advertising. News rating service NewsGuard sees the same problem, although they peg the annual waste at $2.6 billion. A separate NewsGuard study found ads on such sites from 141 major brands, with more than 90% served by Google Ads despite Google’s claim to avoid them.

CDPI Newsletter

Many Latin American startups valued above US$100 million considered going public on Nasdaq in 2021, according to the Head of Nasdaq for Latin America and expectations are they may do so soon. This is the case for companies like Ebanx, PicPay, Rappi, and the fintech firm Creditas, one of the most valuable in Latin America.

CDPI Emerging Markets

Altum Lab, the Chilean AI startup, has closed a deal with the World Seed Bank to develop a model that predicts seed germination to facilitate intelligent storage and management, opening up new opportunities in the agricultural industry. Through Bruna, its platform specializing in advanced technological services to solve common industrial problems, the company will create a prediction that assesses the probability of seed germination while harnessing the power of artificial intelligence to drive sustainable agriculture and strengthen food security.

CDPI Emerging Markets

Kenyan fashion e-commerce startup ShopZetu is set to add beauty and home décor categories to its portfolio, in response to the growing needs of the young and style-conscious women in Africa. This is as it currently scales regionally over the next few months while working to attract international fashion brands, and more than triple the number of vendors on its platform to 1,000.

CDPI Emerging Markets

The Fashion Kingdom (TFK), the leading curated fashion marketplace in Egypt, has acquired direct-to-consumer (D2C) fashion brand Opio to create a powerhouse fashion group. A marketplace offering access to fashion, beauty and home accessories, with 360 value proposition for brands, TFK was launched in July 2020 and raised a US$2.6 million seed round in August 2022, to accelerate its growth.

CDPI Emerging Markets

Kubik, an upcycling startup with operations in Kenya and Ethiopia, has closed a US$3.34 million seed funding round, with plans to double down on the production of building materials in Ethiopia before scaling to other countries within Africa. The startup turns hard-to-recycle plastic waste (polyethylene, polypropylene, and polystyrene) into affordable building materials, removing 45,000 kg of plastic waste from landfills every day.

CDPI Emerging Markets

Global enterprise software company Ramco Systems announced the inauguration of its wholly owned subsidiary in Qatar, to support and transform the region’s business houses and MNCs in the area of ERP, HR, and payroll.

CDPI Emerging Markets