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Southeast Asia’s SuperApp, Grab, debuts on Nasdaq, marking biggest Southeast Asia listing

Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, listed on Nasdaq on Dec 2nd following its $40 billion merger with special-purpose acquisition company (SPAC) Altimeter Growth Corp (AGC.O).
The deal is the world’s biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.

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Alibaba reorganises eCommerce biz to form 2 new units

December 9, 2021

Alibaba has reorganised its international and domestic commerce platforms into two units to better drive synergies – international digital commerce and China digital commerce. International digital commerce will bring together Alibaba’s overseas consumer-facing and wholesale businesses under the leadership of Fan Jiang, president of Taobao and Tmall. It will include AliExpress, Alibaba.com, and Lazada.

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Two-Thirds of Companies Plan More Customer Data Use: Treasure Data Report

January 28, 2022

Is there anything more fascinating than other companies’ customer data strategies, Dear Reader?  I thought not.  Here’s a Treasure Data study on that very topic.  Random factoids: data silos are a more common problem (34%) than data quality (24%); data and IT departments are responsible for customer data strategy at 49% of companies, while marketing is responsible at 11%.; 63% of companies plan to expand use of customer data.

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