News

CDPI Emerging Markets

Categories : CDPI Emerging Markets

Australian social influencers, beware!

February 2, 2023
Australia’s Competition & Consumer Commission (ACCC) watchdog has launched a sweep to find social media influencers who publish misleading testimonials and other types of misinformation in sectors where social influence is most widespread, including fashion, beauty and cosmetics, food and beverage, travel, health fitness and wellbeing, parenting, gaming and technology. The agency also intends to act against sites that it finds are not acting in the best interest of the consumer.
CDPI Emerging Markets

China’s JD.com to shut e-commerce sites in Indonesia, Thailand

February 2, 2023
China-based e-commerce platform JD.com is said to be closing its e-commerce services in Indonesia and Thailand. JD.com will end its services in Thailand from March 3 and in Indonesia from March 31, its local websites showed. Both shopping sites will stop taking orders on Feb 15. The company will continue to serve global markets, including Southeast Asia, through its supply chain infrastructure.
CDPI Emerging Markets

Amplifica Capital closes its first fund: US$11M targeting ‘female first’ startups

February 2, 2023
Almost two years after its birth, Amplifica Capital, the first VC in Mexico to invest in startups led by women or focused on female products, announced the closing of its first fund for US$11 million. With this capital, they plan to add between 10 and 15 companies to the 10 that are already part of their portfolio. In each startup, they will be investing a ticket ranging from US$100,000 to US$500,000. Amplifica Capital currently has around 100 investors, more than 60% of them women.
CDPI Emerging Markets

Bioelements had a US$30M financing led by the Brazilian firm BTG Pactual

February 2, 2023
It solves the problem of waste-related pollution. Bioelements customers give the possibility of wrapping and delivering their products in biodegradable packaging. Unlike traditional plastic, which takes around 400 years to degrade, it takes between six and twenty months to do so. The added value of this packaging is that it degrades naturally under any circumstances (in contact with air, soil, water, and at any temperature) without human intervention. No need for recycling or composting.
CDPI Emerging Markets