CLPS Incorporation Announces Establishment of Dubai Subsidiary, Marking Strategic Expansion into the Middle East Market

HONG KONG, Aug. 7, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced that, through its wholly-owned subsidiary, CLPS Investment Management Ltd., it established Ridik Technology Ltd. ("Ridik Dubai"), in Dubai, United Arab Emirates, on July 31, 2024. This strategic move aims to deepen the Company's global expansion strategy and tap into the thriving…

Dingdong (Cayman) Limited Announces Second Quarter 2024 Financial Results

SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights: GMV for the second quarter of 2024 increased by 16.8% year over year to…

Cognex Launches AI-Powered Counting Tool for In-Sight SnAPP Vision Sensors

New AI tool simplifies counting inspections for manufacturers across all industries NATICK, Mass., Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, expanded the capabilities of its In-Sight SnAPP™ vision sensor with the launch of an AI-enabled counting tool. This innovative software tool transforms how manufacturers handle counting tasks,…

New Oriental Announces Upsizing of Share Repurchase Program

BEIJING, Aug. 6, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that its board of directors has approved the upsizing of its share repurchase program. As previously disclosed, the Company launched a share repurchase program (the "Share…

LightInTheBox Reports Second Quarter 2024 Financial Results

- Returns to Profitability with Net Income of $0.6 Million - SINGAPORE, Aug. 2, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced its unaudited financial results for the second quarter ended June 30, 2024. "The second quarter of 2024 was a challenging one,…

ZTO to Announce Second Quarter and Half-Year Interim Financial Results of 2024 on August 20, 2024 U.S. Eastern Time

SHANGHAI, Aug. 2, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2024 and its unaudited interim financial results for the half year ended June 30, 2024, after the U.S. market…

Indonesian GoTo’s Q2 revenue up 39 percent on year to $265.58M

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday that its gross revenue increased by 39 percent year on year to Rp 4.3 trillion ($265.58 million) in the second quarter. The firm said in a statement that its adjusted losses before interest, taxes, depreciation, and amortization was reduced by 95 percent year on year and 53 percent quarter on…

Data localization requirements may hinder Pakistan’s opportunities to grow its digital economy

New research paper reinforces the need to consider the economic impact of data localization in Pakistan, estimating a potential loss of 3.2 million jobs with the enforcement of data localization practices. ISLAMABAD, Aug. 1, 2024 /PRNewswire/ -- A new research paper, Data Localization in Pakistan: Challenges and Opportunities, examines the operational and economic impact of data localization in…

Kuaishou Technology to Report 2024 Second Quarter and Interim Financial Results on August 20, 2024

HONG KONG, Aug. 1, 2024 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated results for the second quarter and half year ended June 30, 2024, after the Hong Kong market closes on Tuesday, August 20, 2024. The…

Indonesia’s J&T Express launches parcel delivery service in Saudi Arabia

J&T Global Express Limited (J&T Express), an Indonesia-based integrated logistics service provider, has announced the official launch of J&T SPEED in Saudi Arabia. This service is committed to providing more efficient, convenient, and reliable parcel delivery experiences for individual customers and businesses in Saudi Arabia, catering to the region's growing demand for parcel…