Yunji Announces Third Quarter 2024 Unaudited Financial Results

HANGZHOU, China, Nov. 21, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced its unaudited financial results for the third quarter ended September 30, 2024 . Third Quarter 2024 Highlights Total revenues in the third quarter of 2024 were RMB86.6 million (US$12.4 million), compared with RMB145.1 million in…

Yiren Digital Reports Third Quarter 2024 Financial Results

BEIJING, Nov. 20, 2024 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, today announced its unaudited financial results for the quarter ended September 30, 2024. Third Quarter 2024 Operational Highlights Financial Services Business Total loans facilitated in…

China Matters’ Feature: How Does the Digital Economy Empower the Future

BEIJING, Nov. 21, 2024 /PRNewswire/ -- As the digital economy emerges as a driving force behind global growth, nations worldwide are exploring ways to harness its potential for inclusivity and innovation. With over 40% of its GDP now linked to digital industries, China has become a key player in this transformation. &amp;amp;amp;nbsp;China Matters’ Feature: How Does the Digital Economy…

Maybank sees ASEAN internet players to lead growth ahead of global peers

Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers. The research house said in a note that these domestic companies delivered an all-round performance in the third quarter of 2024, gained market share (versus Lazada or FoodPanda) and achieved growth that is in line/ahead of global peers (such as MELI or…

Crypto.com and Triple-A team up to enable direct crypto payments

Singapore-based cryptocurrency exchange Crypto.com and cryptocurrency payment firm Triple-A have announced a strategic partnership that will provide Crypto.com’s global customer base access to a diverse range of new global merchants. Beginning in Singapore, Crypto.com users can now make purchases from leading e-commerce brands directly with crypto from within their trusted Crypto.com wallet…

Sumsub: APAC Sees 121% Increase in Identity Fraud, with Deepfakes Becoming a Growing Threat

SINGAPORE, Nov. 21, 2024 /PRNewswire/ -- Sumsub, a full-cycle verification platform, released its fourth annual Identity Fraud Report today, highlighting a continued rise in identity fraud across the Asia Pacific region (APAC), driven by increasingly sophisticated fraud tactics and the widespread use of Fraud-as-a-Service (FaaS). According to internal verification data, there was a 121%…

FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION

MUSCAT, Oman, Nov. 20, 2024 /PRNewswire/ -- Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined value exceeding US$ 2 billion, these projects include US$ 1.6 billion committed by foreign investors and US$ 571 million contributed by FFO. The investments are expected to create…

DHgate Unveils 2024 Black Friday Global Shopping Event with Unmatched Value and Exclusive Benefits

BEIJING, Nov. 20, 2024 /PRNewswire/ -- DHgate, the leading B2B cross-border e-commerce marketplace in China, is thrilled to announce its 2024 Black Friday Sale. Starting with a warm-up from November 21 to 24 (Pacific Time), customers are invited to browse top products and categories, adding their favorite items to carts and wishlists. The main event begins on November 25 and runs through December…

Yiren Digital Reports Third Quarter 2024 Financial Results

Yatsen Announces Third Quarter 2024 Financial Results

Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on November 20, 2024 GUANGZHOU, China, Nov. 20, 2024 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total net revenues for the third quarter of…