Quhuo International Leads Innovation: Carnuxt Platform Revolutionizes International Used Car Trade with Full-Management Model

BEIJING, March 26, 2024 /PRNewswire/ -- As the global used car market continues to expand and China's automobile production and sales soar worldwide, as the new overseas business division of Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the Company"), a leading gig economy platform focusing on local community-centered services in China, Quhuo International has launched its unique "full-managed model"…

Quhuo International Leads Innovation: Carnuxt Platform Revolutionizes International Used Car Trade with Full-Management Model

BEIJING, March 26, 2024 /PRNewswire/ -- As the global used car market continues to expand and China's automobile production and sales soar worldwide, as the new overseas business division of Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the Company"), a leading gig economy platform focusing on local community-centered services in China, Quhuo International has launched its unique "full-managed model"…

Indonesia’s J&T Express achieves positive adjusted EBITDA in 2023

Indonesian logistics service provider J&T Global Express Limited (J&T Express) have achieved positive adjusted earnings before tax, interest, depreciation, and amortization (EBITDA) for the first time, reaching $147 million in 2023, underpinned by higher revenue. The firm said in a statement on Monday that J&T has demonstrated significant improvements in operational efficiency…

Indonesian Bukalapak’s revenue up 23 percent year on year in 2023

Indonesian e-commerce firm Bukalapak has reported higher revenue in 2023, with the marketplace division delivering excellent growth of 47 percent over the year, primarily supported by the continued success in gaming. The firm says in a statement on last Saturday that its revenue for the year grew 23 percent year on year to Rp 4,438 billion ($280.64 million), in line with its guidance. The…

Tencent Cloud EdgeOne Empowers Startups with Free Trials of Services

HONG KONG, March 25, 2024 /PRNewswire/ -- Tencent Cloud EdgeOne recently announced a technology-inclusive program by offering free trials of its personal package to startups, aiming to support their business explorations. The package includes security protection capabilities such as Content & Intelligent Acceleration, Basic CC protection, Web basic access control, Platform-level DDoS, etc.…

J&T Express Releases 2023 Results: J&T Express Continues to Lead Southeast Asia with No. 1 Market Share for Fourth Straight Year and Secures First Profit in China

HONG KONG, March 22, 2024 /PRNewswire/ -- J&T Global Express Limited ('J&T Express' or 'J&T' or 'the Company', stock code: 01519), a global logistics service provider, has announced its 2023 results. In the past year, J&T Express achieved significant growth, expanded its business volume, and improved operational efficiency and service quality. As a global logistics service…

Meituan Announces Financial Results for the Year Ended December 31, 2023

HONG KONG, March 22, 2024 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China, today announced the audited consolidated results of the Company for the year ended December 31, 2023. Company Financial Highlights For the full year of 2023, our revenues increased by 25.8% to RMB276.7 billion from RMB220.0 billion in 2022. Our Core local commerce…

TikTok launches TikTok Shop Mall in Singapore

Tik Tok's e-commerce platform TikTok Shop has launched TikTok Shop Mall in Singapore, a by-invite only channel exclusively for brands' flagship stores and authorized online retail outlets. TikTok said in a statement on Thursday that through TikTok Shop Mall, TikTok Shop aims to further enhance Singaporeans shoppers' positive experience by providing them access to a curated selection of local…