Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass copy billion and thereby achieving unicorn status. The move makes Line Man Wongnai the third unicorn in Thailand after logistics service operator Flash Express and fintech firm Ascend Money.
Customers in Australia, India, and Japan will now be able to access Cloudflare’s Data Localization Suite (DLS) to help global companies and businesses based in these countries comply with data localization obligations. Cloudflare allows users to easily set rules and controls on where domestic data goes and who can access it. This is crucial in the Asian market where nearly 70% of countries have passed or drafted new data protection and privacy legislation.
Business automation platform StoreHub has raised US$13.5 million in pre-Series B funding led by American venture capital firm 500 Global, previously known as 500 Startups. It intends to use its latest funding to continue meeting demand while maintaining positive unit economics, and investing in technology innovation to deepen the value for each customer.
Procrastinators of the world can throw a party whenever they get around to it: Google has once more pushed back complete third-party cookie deprecation. The new target is “early next year.” Reasons for the delay include concerns expressed by U.K. data regulator Information Commissioner’s Office, an ongoing inquiry by the U.K. Competition and Markets Authority, and widespread discontent in the advertising ecosystem.