Malaysia’s Sidec launches accelerator program to boost SMEs and startups ecosystem

Malaysia-based Selangor Information Technology and Digital Economy Corporation (Sidec) has announced the launching of the Twin Accelerator Program which comprises the seventh cohort Selangor Accelerator Program (SAP24) and the second cohort of Selangor E-Commerce Xccelerator (ECX24). This program is an effort to strengthen the small and medium-sized enterprises (SMEs) and startups ecosystem…

CellPoint Digital, Leader in Payment Orchestration, Appoints Mark Patrick as Chief Revenue Officer

Mark Patrick leverages over 25 years' expertise across global fintech firms to drive CellPoint Digital's expansion in air, travel and hospitality sectors LONDON, Sept. 12, 2024 /PRNewswire/ -- CellPoint Digital, a global pioneer in Payment Orchestration, today announced Mark Patrick as the new Chief Revenue Officer to lead CellPoint Digital's growth and expansion in travel and hospitality as…

SingPost and Cainiao sign MOU to strengthen logistics capabilities to capitalise on eCommerce growth in Southeast Asia

SINGAPORE, Sept. 12, 2024 /PRNewswire/ -- Singapore Post Limited (SingPost) a leading postal and eCommerce logistics provider in Asia Pacific, and Cainiao, a global leader in e-commerce logistics, have signed a Memorandum of Understanding (MOU) to explore strategic collaborations aimed at fostering the long-term growth of Singapore's cargo and logistics sectors. This collaboration will strengthen…

LightInTheBox to Hold Annual General Meeting on October 11, 2024

SINGAPORE, Sept. 11, 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 that it will hold its annual general meeting of shareholders (the "AGM") at the 11th Floor, 1188 Financial Center, No. 1188 Minsheng Road, Pudong New Area, Shanghai, People's Republic…

Yunji Announces Plan to Implement ADS Ratio Change

HANGZHOU, China, Sept. 11, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.000005 per share, from the current ADS Ratio of one (1) ADSs to one hundred (100)…

GoTo collaborates with Microsoft to boost engineering productivity with GitHub Copilot

GoTo Group, Indonesia’s leading digital ecosystem, has taken a significant step forward in enhancing productivity across its engineering teams by collaborating with Microsoft Indonesia to adopt GitHub Copilot, an artificial intelligence (AI) developer tool. GitHub Copilot significantly boosts engineers' productivity and happiness in daily coding tasks with its AI capabilities, from real-time…

New Alibaba.com Research Reveals Optimistic Business Outlook for Global SMEs

Alibaba.com's 'Global SME Confidence Index' highlights strong levels of resilience and optimism amongst SMEs in key global markets as the number of Super September orders increases by 69%* LONDON and NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Global small and medium-sized enterprises (SMEs) are increasingly optimistic about their future business prospects, according to new research from…

Carsome’s 2Q revenue hits “above $310M”, announces $46.2M new financing partnerships

Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, announced Wednesday its most successful quarter to date. In the second quarter of 2024 (2Q2024), Carsome said it maintained its leadership position with about 35,000 vehicles traded and grew revenue by 9 percent quarter-on-quarter (q-o-q) to above $310 million. The gross margin achieved was over 10 percent,…

Cainiao to Scale Up Deployment of L4 Unmanned Vehicles for Public Road Use and Delivery

Cainiao's L4 unmanned vehicle is gaining traction among customers and is ready for large-scale deployment for public road deliveries. HANGZHOU, China, Sept. 11, 2024 /PRNewswire/ -- Cainiao Group, a global leader in e-commerce logistics, announced at the 2024 Cainiao Smart Global Logistics Summit that its latest L4 autonomous vehicles are officially on public sale and are set to be deployed…