Southeast Asia’s SuperApp, Grab, to acquire Malaysia’s premium grocery chain Jaya Grocer shortly after Nasdaq-listing

Grab is acquiring premium supermarket chain Jaya Grocer. According to a filing with the US Securities and Exchange Commission (SEC), Grab said it will acquire all of the ordinary shares of Jaya Grocer and 75% of the preference shares of Jaya Grocer. This comes less than two weeks after the company’s Nasdaq listing and according to The Edge Markets, the deal is valued to be up to RM1.8 billion.

InterSystems has partnered with Veromo to deliver Veromo’s Registration-as-a-Service (RaaS) capabilities directly within online banking websites.

CDPI Emerging Markets

Philippine-based multi-channel commerce platform development startup, ChatGenie, has raised additional capital in its recent fundraising campaign as part of Accelerating Asia’s fifth cohort for its first batch of investments from its US$20 million Fund II.

CDPI Emerging Markets

GrowthLoop will use TransUnion identity data to improve U.S. consumer match rates on client files sent to advertising media such as Facebook and Google Ads. The data should also help clients to find matches among records within their files, building more accurate customer profiles. GrowthLoop calls itself a “composable CDP”, meaning it works with data assembled in external data warehouses.

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Southeast Asia’s SuperApp, Grab, to acquire Malaysia’s premium grocery chain Jaya Grocer shortly after Nasdaq-listing

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