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Indian merchant commerce platform Pine Labs raises US$50m, bolsters BNPL offering in Southeast Asia

Indian merchant commerce platform Pine Labs has raised US$50 million from Vitruvian Partners, a London-headquartered international investment firm. With this newly secured investment, Pine Labs will continue to expand its BNPL offering in the Southeast Asia region.

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Australia ranks number one in Asia Pacific for most ransomware attacks

March 31, 2022

Australia ranks number one in Asia Pacific for most ransomware attacks, and seventh globally according to new research which reveals that 37% of all attacks on Australian organisations targeted the commercial and professional services sector, research also found that ransomware payments hit new records in 2021 as cybercriminals increasingly turned to Dark Web “leak sites”.

CDPI Emerging Markets
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Regional low-cost airline AirAsia launches Super+ subscription service for flights and food delivery

March 31, 2022

Low-cost airline AirAsia has launched a subscription plan for customers in South East Asia. The subscription plan, called Super+, allows subscribers to fly anywhere with unlimited flight redemptions across all AirAsia airlines across the region, for both domestic and international destinations. Subscribers also have access to unlimited free delivery for AirAsia food orders and are covered by Covid pre-departure insurance. This makes them the only super app in the market that is able to offer this one-of-a-kind subscription plan that includes both travel and lifestyle products and services.

CDPI Emerging Markets
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Microsoft Lets Publishers Block Bing Chat Separately from Bing Search

September 26, 2023

Nearly one-third of major news publishers have blocked generative AI tools from reading their content.   But that’s a drastic measure which could also exclude their results from conventional search engines.  Microsoft has just given publishers the option to block access by Bing Chat without also removing their content from search results.  We’ll see if competitors do the same.

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