India’s Zypp Electric raises $15M in Series C funding led by ENEOS
Zypp Electric, an India-based tech-enabled electric vehicle (EV)-as-a-service platform, has announced the successful kick-off of its Series C funding round, raising $15 million.
Zypp Electric said in a statement on Monday that this round was led by Japanese major ENEOS.
The Series C1 funding comprises $15 million in equity closure as part of its ongoing $50 million round which is split…
Lianlian DigiTech Secures Luxembourg EMI License to Expand European Service Offering: Another Milestone in Global Strategic Roll-out
HONG KONG, May 27, 2024 /PRNewswire/ -- Lianlian DigiTech Co., Ltd. ("Lianlian DigiTech" or the "Company", HKEX: 2598), a leader in China digital payment solutions and global commerce digitalization, today announced that the Company has been granted the Electronic Money Institution License ("EMI License") by the Commission de Surveillance du Secteur Financier of Luxembourg. Acquiring a Luxembourg…
Mega Matrix Corp. Announced that FlexTV Formed the Strategic Cooperation with TopReels, the leading short drama platform in South Korea
PALO ALTO, Calif., May 24, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that Yuder PTE, LTD, the Company's indirect majority-controlled subsidiary and operator of FlexTV, has formed a strategic cooperation with Foxmedia Co., Ltd., 100% controlled subsidiary of Neorigin Co.(KOSDAQ: 094860) and the operator of TopReels, the leading short…
New Oriental Extends Share Repurchase Program
BEIJING, May 24, 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 authorized the Company to extend its share repurchase program launched in 2022 and amended in 2023 (the "Share Repurchase Program"), over the next…
L’ORÉAL ACCELERATES BEAUTY TECH LEADERSHIP WITH ADVANCED BIOPRINTED SKIN TECHNOLOGY AND GEN AI CONTENT LAB TO AUGMENT CREATIVITY
"To be the leader in beauty today, you must be the leader of Beauty Tech," says Barbara Lavernos, Deputy Chief Executive Officer in charge of Research, Innovation and Technology at L'Oréal, ahead of Viva Technology Paris 2024 keynote
HONG KONG, May 24, 2024 /PRNewswire/ -- Reinforcing its commitment to beauty that is more personalized, inclusive and responsible, today at Viva Technology in…
Alibaba partners LVMH to enhance luxury retail experience in China
LVMH Group, the world leader in luxury products, and Alibaba Group, the leading e-commerce and technology company in China, have on Thursday announced an extended partnership to enhance luxury experience in China, leveraging Alibaba’s cloud technologies, through artificial intelligence (AI)-powered innovations in retail and on-line with Tmall.
The duo said in a statement that the deepened…
WIN SOURCE Achieves 16th Rank Among the Top 50 Global Electronic Component Distributors in 2024
SINGAPORE, May 23, 2024 /PRNewswire/ -- WIN SOURCE, a leading global independent distributor of electronic components, has advanced to the 16th position in Supply Chain Connect's Top 50 Global Electronic Component Distributors list for 2024, an improvement from its 18th position in 2023. This improvement reflects WIN SOURCE's stable performance in electronic component supply chain management and…
111, Inc. Announces First Quarter 2024 Unaudited Financial Results
Turned to Quarterly Operational Profitability for the First Time Operating Expenses as a Percentage of Revenues Decreased 120 Basis Points YoY to 5.8% Achieved Positive Operating Cash Flow
SHANGHAI, May 23, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry…
NetEase Announces First Quarter 2024 Unaudited Financial Results
HANGZHOU, China, May 23, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the first quarter ended March 31, 2024.
First Quarter 2024 Financial Highlights
Net revenues were RMB26.9 billion (US$3.7 billion), an increase of 7.2% compared with the first…
L’Oréal launches biggest Beauty Tech startup competition for the beauty sector across Asia and MENA to uncover marketing innovations for digital natives
Innovators from the region's dynamic startup ecosystem to compete for a L'Oréal-funded commercial pilot opportunity and a year-long mentorship program
SINGAPORE, May 23, 2024 /PRNewswire/ -- To spur the next era of beauty, L'Oréal has launched the Big Bang Beauty Tech Innovation Program in the South Asia Pacific, Middle East and North Africa (SAPMENA) region, including Singapore. The biggest open…