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AirAsia parent Capital A to list brand management unit on Nasdaq via SPAC deal

Budget airline AirAsia parent Capital A said it plans to list its brand management business on the Nasdaq by entering into a deal with a special purpose acquisition company Aetherium Acquisition Corp. Under the deal, Aetherium Acquisition will acquire all the issued and outstanding share capital of Capital A International, resulting in the formation of a new listed entity, according to a stock exchange filing.

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Japan’s Mitsui invests US$58M in Malaysia’s ADA via Axiata Digital, valuing ADA at US$550M

November 9, 2023

Malaysia-headquartered Axiata Group Bhd announced that Japan-based conglomerate Mitsui & Co., Ltd will invest US$58 million in Axiata Digital & Analytics Sdn Bhd (ADA), facilitated through ADA’s holding company, Axiata Digital Services Sdn Bhd (ADS). Mitsui’s additional investment has established a watermark valuation of US$550 million for ADA, the telecommunications group said in a statement. Following the investment, Mitsui’s stake in ADS will increase from 3.29% to 20%, resulting in an effective 12.69% stake in ADA.

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Mexico’s Walmart Connect gains AI-based instore tracking/analytics, courtesy Navori Labs

November 9, 2023

Digital signage supplier Navori Labs has provided unified digital signage and AI camera analytics for Walmart Connect in 173 Walmart Supercenters in Mexico and in 180 of 200 in-country Sam’s Cub locations. This allows parent company, Walmart de Mexico y Centroamerica to gather customer engagement data, analytics and shopper demographics to their out-of-home ad partners.

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Amperity Launches New Lakehouse Offering

May 17, 2024

Amperity has launched Lakehouse CDP,  which delivers CDP functions within “lakehouse” data stores including Snowflake and Databricks.  Amperity tools for data modeling, data quality, identity resolution, generative AI, segmentation, and performance measurement will send all results to a company’s own lakehouse rather than a separate Amperity-managed database. Modules can be used independently but the real benefit here is that Amperity is one of the few “composable” CDP vendors who offer a complete set of pre-integrated CDP functions.

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