Sea’s revenue up 22.8 percent year on year in first quarter
Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.
The firm said in a statement on Tuesday that its e-commerce revenue jumped 32.9 percent year on year to $2.7 billion in the quarter.
Its digital financial services' revenue also climbed 21 percent year on year to $499.4 million.
Its digital entertainment…
ARMLOGI, consulted by ATIF, successfully listed on Nasdaq
IRVINE, Calif., May 14, 2024 /PRNewswire/ -- Armlogi Holding Corp. ("Armlogi"), consulted by ATIF Holdings Limited (NASDAQ: ATIF, "ATIF") (NASDAQ: BTOC), having its initial public offering on the Nasdaq Exchange. Armlogi is offering of 1,600,000 shares at the open offer price of $5.00 per share to the public, and is about to raise $8,000,000.
Armlogi Holding Corp.is a California-based warehousing…
Uber Eats to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950M
Uber Technologies, Inc. and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash.
The acquisition of foodpanda Taiwan is subject to regulatory approval and other customary closing conditions and is targeted to close in the first half of 2025, Uber said in a statement on Monday.
Separately, the…
Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers
Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for Taobao shoppers in Singapore.
Atome said in a statement on Tuesday that the collaboration between Taobao Singapore and Atome reflects the former’s continuous efforts to elevate the consumer shopping journey in…
Smart Appliance Boom, Smartphone Slump; Consumer Electronics Supply Chains Diversify at Both Ends
Effective visibility and supply planning tools essential to consumer electronics companies as shifts occur and regulatory stringency rises
NEW YORK, May 14, 2024 /PRNewswire/ -- Shipments of smartphones and tablets will remain unimpressive but steady over the coming years, while smart appliances will see strong growth, marking a 34.9% CAGR to 2030, according to global technology intelligence firm…
Baozun to Announce First Quarter 2024 Unaudited Financial Results on May 28, 2024
SHANGHAI, May 14, 2024 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it will release its unaudited financial results for the first quarter ended March 31, 2024 on Tuesday, May 28, 2024, before the open of U.S. markets.
The Company will host…
CeMAT Southeast Asia – the Latest in Intralogistics and Supply Chain Management: Coming in One Day
SINGAPORE, May 14, 2024 /PRNewswire/ -- CeMAT Southeast Asia, the global leading trade event for intralogistics, robotics, warehousing, supply chain management, and materials handling, will be happening at the Singapore EXPO from May 15th to 17th, 2024. Serving as the epicentre for the latest industry innovations and as an exchange of ideas and insights on shaping the warehouse of the future, the…
TPIsoftware’s digiRunner Cloud-Native API Management Platform Now Available on AWS Marketplace to Foster Digital Innovation
TAIPEI, May 14, 2024 /PRNewswire/ -- In a significant stride forward in cloud-native software solutions, TPIsoftware proudly announces the official listing of its Enterprise-grade API Management Platform digiRunner on AWS Marketplace, a curated digital catalog that customers can use to find, buy, deploy, and manage third-party software, data, and services to build solutions and run their…
Dingdong (Cayman) Limited Announces First Quarter 2024 Financial Results
SHANGHAI, May 13, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended March 31, 2024.
First Quarter 2024 Highlights:
GMV for the first quarter of 2024 increased by 1.4% year over year to…
Qudian Inc. Announces Changes to Board of Directors
XIAMEN, China, May 13, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that Mr. David Cui has replaced Mr. Shengwen Rong as a member of the board of directors (the "Board"), audit committee and compensation committee of the Company.
Mr. Shengwen Rong resigned from the Board for personal reasons, effective as…