Facebook is shutting down its Live Shopping feature, the company announced in a terse blog post, although it remains an option on Instagram for now. Live shopping news has been mixed recently: YouTube just supported it with a Shopify integration, and a report that TikTok is pulling back is contradicted by later stories that the program is going great.
CDP Omeda also has a new investor: private equity firm Sverica Capital made an undisclosed investment which, I’m told privately, includes majority ownership. Current leadership retains a large share and will still run the company. We’re seeing more private investments as venture funding and public markets become more cautious.
A recent report published by audit and advisory firm KPMG and banking group HSBC has featured 10 potential unicorns in Malaysia that are poised to make a lasting impact on the global business landscape over the next decade. The Emerging Giants in Asia Pacific report has taken an in-depth look at 6,472 technology-focused start-ups in 12 Asia Pacific markets with valuations up to $500 million. These potential unicorns, dubbed “Emerging Giants”, include Boost Holdings, Exabytes, and Jirnexu.
RudderStack, which styles itself “the AI Data Cloud Native CDP”, has unveiled a suite of Data Apps running on its Customer 360 solution, which in turn runs within Snowflake AI Data Cloud. The apps support the fast delivery of data projects — for example, attribution data and propensity scores — from data teams to business stakeholders. They are now available to Enterprise Tier RudderStack customers on Snowflake.