Supported by the funding, Nugit will expand its research and analysis capacity to tap the $185.4 billion digital marketing industry more effectively with AI technology, which enables data cleaning, integration and harmonisation of data sources in real time.
By Nguyen Thi Bich Ngoc
Financial details were not disclosed, but industry sources said that CJ E&M had to pay tens of billions of won for the Vietnamese advertising agency with 80 billion won ($70.58 million) annual sales.
Kuala Lumpur-based service design firm HYPERLAB, which has largely operated in stealth mode while developing its platform, has raised $500,000 in seed funding, the company announced on Tuesday.
The investment was closed last month, the company stated without revealing its individual investors.
NOVAON Fund, the $5-million investment fund of Vietnam-based internet company NOVAON, aims to provide what most local early stage startups need: being a co-founder of the teams.
Investopad, a seed fund and early-stage incubator, has launched its third centre in Bengaluru which can house 20 start-ups at a time over a period of six months, the company said on Thursday. The platform helps entrepreneurs with resources in design, digital marketing and recruitment and connects them to other… Read more »
Yello Digital Marketing (YDM), the adtech arm of South Korea’s unicorn Yello Mobile, has been known for its aggressive acquisitions in SEA
The adoption rate of wearables is increasing exponentially so within the next few years, new devices will reach mass-market share within a few quarters. Additionally, the billions being invested in augmented reality technologies will eventually lead to recommendations being on top of the real world, not as separate distracting ads inside content. In fact, I believe the whole concept of in content advertising will not live far past the end of this decade.
This is the first investment announcement by CSV, which launched its Fund I in June 2015. The current fund size is $9.35m, with a hard cap of $23.38m