Grab is launching its digibank in Malaysia and Indonesia next year. Earlier this year, GXS Bank, a joint venture between Grab and Singtel, and Kuok Brothers, was one of the five applicants which received a digital bank licence from Bank Negara Malaysia.
Web traffic for Southeast Asia (SEA)’s top 10 e-commerce platforms increased by a notable 64 percent between the third quarter of 2019 and second quarter of 2022, a report showed.
Carsome, Malaysia’s first tech unicorn, has been making the rounds in the last 24 hours over the possibility of a workforce reduction across all its operations in the region. The Southeast Asia’s largest integrated car e-commerce platform eventually confirmed the rumors and indicated that they are indeed going through a “optimization of workforce”, while its executive team forgoes their salaries for the remainder of 2022.
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.