South-east Asia’s leading super-app Grab Holdings Ltd has launched a new enterprise service, GrabMaps, that is able to tap into the US$1 billion per year market opportunity in South-east Asia for mapping and location-based services.
Cisco, one of Australia’s leading IT and networking companies, has joined Lifeline in pushing for better Mental Health in the workplace. For the second year running, Cisco will take part in The Push-Up Challenge as it aspires to top the community fundraising chart.
Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said it has raised $7 million in Series A funding led by SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (SIG). It also said that the new funding will allow Omnistream to rapidly scale to address the needs of retail clients globally and will result in the addition of more than 50 new roles to the team by the end of 2022.
With CDP vendors increasing their workforces by 3.4% in six months, compared with an average of 0.2% each six months over the prior two years, the sector seems to be growing again, according to our own semi-annual industry update. There is much talk of composable CDPs but they still employ no more than 5% of the sector workforce. What is a clear trend is the acquisition of independent CDPs by vendors interested in adding a CDP to a larger system (usually an activation system).