Malaysia’s Carsome raises US$290M in Series E
Southeast Asian-based e-commerce car platform Carsome has announced a US$290 million Series E raise at a post-money valuation of approximately US$1.7 billion.
Southeast Asian-based e-commerce car platform Carsome has announced a US$290 million Series E raise at a post-money valuation of approximately US$1.7 billion.
We haven’t seen many recent acquisitions by CDP vendors, although that may change as they start to spend all the money they’ve been raising. mParticle is first out of the gate with the purchase of Indicative, a customer journey analytics system. Analytics is a logical next step beyond mParticle’s current positioning as a data-focused CDP.
Latin America’s surge in ecommerce activity gave rise to an even faster acceleration of retail ecommerce sales than previously expected. This year, the region will continue to hold its No. 1 spot as the world’s fastest-growing regional retail ecommerce market before ceding it to the Middle East and Africa in 2022. In the second of a two-part series, we have partnered with digital commerce platform VTEX to curate this collection of interviews among regional executives to highlight how the pandemic accelerated Latin America’s rapid embrace of ecommerce, what trends lie... Read More >
Microsoft has confirmed that Reddit has blocked its Bing search engine from crawling content; Reddit seems to have blocked DuckDuckGo too. Reddit content will still appear in Google search results, but then Google has paid Reddit $60 million to allow it to train its AI models on that content. Reddit says the block has nothing to do with the Google deal: okay.