Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue

Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter. Capital A said in a statement on Thursday that the growth was driven by a 2.15 times year on year increase in eCommerce parcel volumes delivered, bringing Teleport year to date revenue to reach nearly MYR 450 million…

Bukalapak Enhances Platform’s Security and User Comfort

JAKARTA, Indonesia, Aug. 30, 2024 /PRNewswire/ -- Bukalapak, one of Indonesia's leading e-commerce platforms, has made significant strides in increasing the comfort and safety of its platform, including combatting counterfeit products and strengthening its intellectual property (IP) protection measures. In the States, Bukalapak took the time to meet with various IP Protection stakeholders,…

JX Luxventure Appoints Mr. Zhang Chun Sheng as Director of Marketing

HAIKOU, China, Aug. 30, 2024 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: JXJT) (the "Company"), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on August 29, 2024, the Company has hired Mr. Zhang Chun Sheng as Director of Marketing. Mr. Zhang Chun Sheng has…

Bairong Inc. Announces 2024 Interim Financial Results

Solid Revenue Growth Coupled with High Gross Profit Margin (73%) and Non-IFRS Profit (RMB 200 Million) BEIJING, Aug. 29, 2024 /PRNewswire/ -- Bairong Inc. (the "Company", "we" , "us" or "our" ; HKEX: 6608), a leading cloud-based AI turnkey service provider, today announced the consolidated results of the Company for the half year ended June 30, 2024. Mr. Zhang Shaofeng, our founder, chief…

Kutetailor Kicks Off 2024 World Tour in New York City

NEW YORK, Aug. 29, 2024 /PRNewswire/ -- Kutetailor, a global leader in intelligent manufacturing and custom apparel solutions, proudly announces the kickoff of its 2024 World Tour in New York City. Amidst significant technological and supply chain transformations in the industry, Kutetailor stands at the forefront, offering cutting-edge Made-to-Measure (MTM) solutions that are revolutionizing the…

ICZOOM Group Inc. Regains Compliance with Nasdaq’s Annual Shareholder Meeting Requirement

HONG KONG, Aug. 29, 2024 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company"), a B2B electronic component products e-commerce platform, announced that it has received written notice (the "Compliance Notice") from the Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with Nasdaq Listing Rules 5620 (the "Annual Shareholder Meeting Requirement").…

BAIYU Secures $60 Million Electric Lithium Battery Contract in the U.S. Market

BRADENTON, Fla., Aug. 29, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that the Company, through its subsidiary BMYA New Energy Technology Inc. ("BNET"), has signed a US$60 million purchase and sales contract (the "Contract") for electric lithium batteries…

Set Cinema Free: Dangbei to Unveil Its First Ultra-Portable Projector at IFA 2024

Dangbei Freedo revolutionizes how people experience visual content, whether at home or outdoors, on walls or ceilings. BERLIN, Aug. 29, 2024 /PRNewswire/ -- Dangbei, an innovator in smart entertainment, is excited to announce its participation in IFA 2024, the world's leading consumer electronics trade show. Taking place from September 6th to 10th in Messe Berlin, Germany, Dangbei will showcase…

111, Inc. Announces Second Quarter 2024 Unaudited Financial Results

Maintained Operational Profitability for the Second Consecutive Quarter Operating Expenses as a Percentage of Revenues Decreased 120 Basis Points YoY Held Positive Operating Cash Flow for Two Consecutive Quarters SHANGHAI, Aug. 29, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain…

iHerb Marks its Commitment to Global Health and Wellness with 28th Anniversary Sales Event

Month-Long Promotions Commemorate Company's Roots as a Small California Startup to a Thriving Global E-commerce Retailer IRVINE, Calif., Aug. 29, 2024 /PRNewswire/ -- iHerb, one of the world's leading online retailers for vitamins, minerals, supplements and other health and wellness products, is proud to celebrate its 28th anniversary with its biggest, month-long September sales event that…