Cococart, a Singapore-based e-commerce startup, announced that it has secured $4.2 million in seed funding to expand its growth internationally. The new funding raised will be used to grow the team, accelerate product development, and expand to other countries.
Philippines’ social commerce startup SariSuki has successfully raised US$7.1m, aimed at driving the startup’s expansion into the quick commerce scene. The funding round was led by Openspace, Susquehanna International Group (SIG), Global Founders Capital (GFC), Saison Capital, JG Digital Equity Ventures, and Foxmont Capital Partners.
You have to admire the tenacity of adtech folk trying to salvage their ability to target individuals. The Trade Desk and LiveRamp have announced a plan work with Eureopan partners to build a GDPR-complaint identity solution, EUID. The foundations will be LiveRamp’s RampID and The Trade Desk-developed Unified ID 2.0. In theory, it’s all based on consented, first-party data, but newly-aggressive European regulators may take a closer look than they have in the past.
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.