Southeast Asia’s (SEA) private equity (PE) market deal value fell 52% in 2022 compared to the previous year, with deal count also declining 15 percent year-on-year. Activity in the region was strong through the first half 2022 (matching 2021 activity levels), before falling in the second half of the year.
Close to two in five (38%) of TikTok users in Singapore think that the government shouldn’t regulate how social media companies operate, whereas 17% think the government should do so.
In the midst of this shortage of capital for startups,this week the proptech unicorn Habi announced that it received US$100 million from Victory Park Capital. Bogota-based Instaleap raised a US$5 million Series A, they offer software as a service (SaaS) to supermarkets and pharmacies to help them sell online. Kala, a Colombian startup that helps turn any credit company into a fintech, announced that it raised US$6 million in equity in its first 12 months of operations.
CDP Hightouch is to offer Journey Simulations to provide insight into customer journeys before they are live using historic customer data. By anticipating how customers will engage at each touchpoint, marketers should be relieved of the need to optimize once a flow is live. Simulations can be tested and iterated as often as necessary before the journey is launched.