Carousell, Carzuno team up to launch digital car rental service in Singapore

Carousell has partnered with car-as-a-subscription company Carzuno to offer the ‘Carousell Car Subscription’ in Singapore, a fully digital service that allows users to choose and return their automobile without leaving their homes, leveraging the recently announced Carousell Certified program for cars.

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Westpac, a top Australian bank prompts outcry following mass staff cuts

July 20, 2023

Australia’s Finance Sector Union (FSU) has called out Westpac, one of Australia’s big four banks, for conducting a series of staff firings over the last two months, while at the same time reporting that the bank had a 22% surge in six-month net profits of over $4 billion. In that time, the bank laid off 751 people across many departments, claiming it needed to “cut costs during difficult economic times.”

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Total funding into SEA tech startups falls 71% year on year to US$2.3B in first half

July 20, 2023

Total funding into Southeast Asia (SEA) tech startups fell 71% to US$2.3 billion in the first half of 2023, from US$8 billion a year ago, said Tracxn Technologies Ltd in its SEA Tech Semi-Annual Funding report. The total funding in the first half is 45% lower than US$4.3 billion raised in the second half of 2022. The decline was largely driven by a plunge in late-stage investments in the first half, which fell 54% and 72% when compared with the second half of 2022 and first half of 2022 respectively.

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Salesforce Buys for Automated Customer Service

September 22, 2023

Salesforce is buying, which builds low-code, AI-powered e-commerce customer service agents.  You might have thought Salesforce could already do that, but presumably Airkit does it better.  It doesn’t hurt that the company founders sold a previous business to Salesforce, the company was partly funded by Salesforce Ventures, and the product is already listed on AppExchange.  Price was not announced.

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