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TikTok obtaining Indonesia e-commerce permit from state media

Short video app TikTok is in the process of obtaining an e-commerce permit from Indonesia’s government, state news agency Antara reported, citing the deputy trade minister. In September, Indonesia banned e-commerce transactions on social media, a major blow for TikTok, which had pledged to invest billions of dollars in Southeast Asia, including Indonesia, the region’s biggest economy.

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Australia’s Taguchi gets a US patent for its digital marketing technology

November 30, 2023

Taguchi Marketing Pty Ltd has been given a patent for its cutting-edge content delivery automation system, which deploys AI to review digital marketing campaigns in real time and adjusts them to be able to reach customers better. The software uses an algorithm to review components (ie headline, image, body copy) of a campaign and adapt it until it finds a better way to serve customers.

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Malaysia’s Catcha Digital acquires 51% interest in Digital Symphony for US$4.55M

November 30, 2023

Malaysia-based digital media firm Catcha Digital Berhad is acquiring 51% equity interest in digital agency, DS Services Sdn Bhd or more commonly known as “Digital Symphony” among industry players for US$4.55 million. Catcha Digital said if the proposed acquisition materializes, this would enable Catcha Digital Group to leverage on DS Services’ expertise to deliver a more comprehensive range of solutions to the clientele of both the Group as well as DS Services.

CDPI Emerging Markets