November, 2023 - CDP Institute - Page 3

Dates : November 2023

The dating apps pulled advertising after tests conducted by the Wall Street Journal and The Canadian Centre for Child Protection found major ad brand ads could be served alongside sexually explicit images. Other brands affected include Disney, Pizza Hut, and Walmart.

CDPI Privacy Newsletter

The company is considering using passenger data to show you personalized ads in-flight.

CDPI Privacy Newsletter

The first was for a curb on the Federal Trade Commission (FTC) oversight of the platform’s privacy policies and the second was to block the FTC from questioning Elon Musk, who owns X Corp.

CDPI Privacy Newsletter

Mindbox, a Russia-based customer experience platform that qualifies as a CDP, set up a separate U.S. operation shortly after Russia invaded Ukraine. They’ve now formally relaunched and renamed the new company as Maestra. The focus is on mid-size retail.

CDPI Newsletter

Content generation is the most common marketing use of AI, right? Not so: this Movable Ink survey places content creation dead last at 26%, trailing customer behavior analysis (59%), personalization (56%) and campaign optimization (55%). Managing customer data (40%). is the most commonly-cited challenge with AI integration, followed by data privacy (38%), consistent omnichannel personalization (37%), brand reputation (29%) and lack of skills (23%). Interesting.

CDPI Newsletter

Our friends in IT are also eagerly exploring AI integration, with 35% even ranking it ahead of perennial obsessions security (31%) and cost (29%) for the past twelve months. The gap grows even larger for 2024 (AI integration 35%, IT cost 28% and security 28%). Meanwhile, 88% are moving towards platforms and away from point tools, perhaps as a way to rein in costs (although just 23% think they’re overspending on SaaS applications).

CDPI Newsletter

Malaysian-founded used-car online marketplace, Carsome Group, will reportedly be cutting hundreds of jobs as it seeks profitability in time for a possible public listing. The company will be cutting jobs across its markets in Singapore, Malaysia, Indonesia, and Thailand, with the latter two being most affected.

CDPI Emerging Markets

China-based food delivery giant Meituan is said to be exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the company looks to diversify beyond its domestic market, Bloomberg reported on Friday, quoting people familiar with the matter. Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said, according to the report.

CDPI Emerging Markets

In recent years, Chilean healthtech Examedi has emerged as a critical player in the health sector, especially during the pandemic. Initially, Examedi focused on offering at-home PCR tests, an innovation directly dependent on the COVID-19 context. Despite challenges, Examedi secured a significant USD$17 million in its Series A funding, allowing it to diversify and expand its health services. The company, founded by Chileans, has evolved to integrate various new services. These include telemedicine, kinesiology, therapeutic massages, nutrition, and mental health.

CDPI Emerging Markets

The Colombian online loan company RapiCredit, specializing in providing microloans to individuals without access to banking services, has secured a US$7 million debt investment from the U.S. fund Almavest. Originating from Medellín, RapiCredit has provided credit opportunities to more than 550,000 unbanked Colombians, with 36% of them becoming eligible to enter the traditional financial system after obtaining a loan from the company.

CDPI Emerging Markets

Kenya’s Ed Partners Africa, a non-banking financial institution that specializes in providing loans to affordable private schools, has announced the commitment of a US$10 million loan guarantee facility from the United States’ Development Finance Corporation (DFC) to help it expand access to affordable education.

CDPI Emerging Markets

Egypt’s WayUp Sports, an e-commerce platform specialized in performance-based sports gear, has secured a seed round of funding to help it expand regionally, launch a private brand, and enhance user experience over its application and website.

CDPI Emerging Markets