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…

Yeahka Announces 2023 Annual Results

Brilliant growth momentum in one-stop payment services, GPV increased by 29.2% YoY, Adjusted EBITDA significantly improved by 160.6% YoY HONG KONG, March 21, 2024 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company," Stock Code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce its annual results for the twelve months ended December 31, 2023 (the "year"…

Yiren Digital Reports Fourth Quarter and Fiscal Year 2023 Financial Results

BEIJING, March 21, 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 December 31, 2023. Fourth Quarter 2023 and Fiscal Year 2023 Operational Highlights Financial Services Business…

Yiren Digital Reports Fourth Quarter and Fiscal Year 2023 Financial Results

BEIJING, March 21, 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 December 31, 2023. Fourth Quarter 2023 and Fiscal Year 2023 Operational Highlights Financial Services Business…

111, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

SHANGHAI, March 21, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to digitally connecting patients with medicine and healthcare services in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023. Fourth Quarter 2023 Highlights Net revenues were…

ACEFAST’s latest products at Global Sources Hong Kong Show 2024

SHENZHEN, China, March 21, 2024 /PRNewswire/ -- ACEFAST, the young consumer electronics brand, will be back at the Global Sources Hong Kong Show in spring 2024. This is the third time for ACEFAST to participate in the Global Sources Hong Kong Show, and it also brings a variety of its latest products. In addition, ACEFAST will continue to expand into major international markets such as Europe and…

Indonesia’s GoTo foresees breakeven in 2024 after first quarterly profit

Indonesian biggest tech firm GoTo has foreseen its 2024 group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to breakeven after achieving first quarterly profit. The firm said in a statement on Tuesday that its adjusted EBITDA turned positive for the first time at Rp 77 billion ($23.2 million) for the fourth quarter of 2023, as compared to -Rp 3.1 trillion a…

Surge in APAC Fraud Prevention Outpaces Americas and Europe by 8-Full

Sumsub's research shows that one in every 100 users of a digital platform or service globally fell prey to a fraud ring, necessitating the need for more comprehensive fraud prevention solutions. SINGAPORE, March 20, 2024 /PRNewswire/ -- Sumsub, a leading global full-cycle verification platform, commits to tackling the alarming surge of fraud networks in Asia-Pacific (APAC) by launching its…

Harnessing an inclusive future with generative AI in Southeast Asia

In the dynamic landscape of Southeast Asia (SEA), Generative AI (GenAI) emerges as a beacon of inclusivity, heralding a new era of connectedness and shared prosperity. The impressive potential of GenAI, as outlined in McKinsey's 2023 report, positions it as a catalyst for unlocking up to $4.4 trillion in global economic value. This innovative force promises to redefine sectors ranging from…