Malaysian used car marketplace Carsome is going public on New York’s Nasdaq and the Singapore Stock Exchange with a company valuation amounting to US$2 billion. Reports by financial news outlets familiar with the move have said that the company had already confidentially filed for the initial public offering (IPO) with Nasdaq earlier, with the target being US$400 million in funds raised.
Omnichat, a Hong Kong-based omni-channel chat commerce solution provider has raised $1.8 million in Pre-A round funding and announced its business expansion plan to Southeast Asia. Omnichat said in a statement that the funding will finance Omnichat to further expand the business to Southeast Asia (SEA) markets, and the first stop will be Singapore, Malaysia and Thailand.
Strike is a continuous penetration testing platform that seeks to expand access to cybersecurity in Latin America. Penetration tests are simulated cyberattacks to detect vulnerabilities. Strike proposes that companies get offensive security throughout the year for the same price they used to pay for a one-time checkup a couple of times in the same period. Strike combines automation with a network of ethical hackers working for the company.
It’s tough to get brand safety right, but the industry keeps trying. IPG Mediabrands announced a new set of tools to find and block inappropriate ad placements, while IAS expanded its suitability measurements to include standards from the Global Alliance for Responsible Media (GARM). Meanwhile, DoubleVerify admitted a mistake made brand safety on X/Twitter look worse than it really was in October 2023 and March 2024.