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Malaysia’s Carsome set to list on Nasdaq with US$2B valuation

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.

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Hong Kong’s Omnichat raises $1.8M Pre-A round funding to expand business to Southeast Asia

April 28, 2022

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.

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Cybersecurity startup Strike raises US$5.4M

April 28, 2022

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.

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Treasure Data Introduces CDP Trade-Up Program

January 14, 2025

Treasure Data will provide its system to free for companies that are stuck in contracts with other CDPs. The trade-up program is available to companies with roughly firms with $1 billion or more revenue, that already have a competitive CDP in place. There will still be some costs for services to make the conversion but Treasure Data says these are fairly small since it has considerable experience with such projects.

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