Geek+ awarded RBR innovation award for third time, named among globe’s top robotics innovators

SAN DIEGO, April 9, 2024 /PRNewswire/ -- Geekplus, the global leader in mobile robot and smart logistics solutions, has won an RBR50 Innovation Award, given annually by the Robot Business Review to recognize innovation in the mobile robotics industry. Geekplus has won its third RBR50 award for updates to the PopPick system, an extension of its flagship Shelf-to-Person solution. Geekplus…

China’s Yunhong Group inks cooperation to support overseas expansion

BEIJING, April 9, 2024 /PRNewswire/ -- On April 3, the signing ceremony between Global Digital Trade Port (Hainan) Enterprise Management Co., Ltd. and Yunhong Group was held in Beijing, and the two sides will carry out in-depth cooperation in the field of health food. China's Yunhong Group inks cooperation to support overseas expansion. Gao Jiajia, vice president of China Overseas…

Financial Release: JOY GROUP’s 2023 Revenue Highlights a 48% Growth to reach US$360M, Ranking as the Top 2 China Domestic Color Cosmetics Company

SHANGHAI, April 8, 2024 /PRNewswire/ -- Shanghai Juyi Cosmetics Co., Ltd. ("JOY GROUP") has unveiled its financial outcomes for the 2023 fiscal year. The Group surpassed total retail sales of US$450M (RMB 3B), accompanied by a revenue milestone of US$360M (RMB 2.61B), showcasing a remarkable year-on-year growth of 48% (excluding René Furterer). JOY GROUP now ranks No.2 among Chinese domestic…

TerraPay Receives MPI License from the MAS

SINGAPORE, April 8, 2024 /PRNewswire/ -- TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) — a significant milestone solidifying TerraPay's position as a cross-border payments powerhouse. TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets,…

BuildMart PH Technologies invests in builders online marketplace for Hubware

BuildMart PH Technologies, Inc., the Philippines-based business to business (B2B) e-commerce platform that connects manufacturers with hardware stores, has invested an undisclosed amount to Hubware Corporation, an online marketplace for builders, hardware stores, and construction suppliers. The duo said in a statement on Friday that this strategic investment enables Hubware to initiate the…

Thailand’s Mobility Marketplace WYZauto secures $2.25M in funding led by Vynn Capital

WYZauto, a Thailand-based a online tyre marketplace for vehicle maintenance businesses, has secured $2.25 million in funding led by Vynn Capital, a Malaysia-based venture capital firm specialising in mobility and supply chain sectors. WYZauto said in a statement on Friday that this marks the first investment from Vynn Capital's new Mobility and Supply Chain fund, backed by Malaysian pension…

Igloo partners with Tokopedia to extend insurance protection in Indonesia

Singapore-based insurtech firm Igloo has on Wednesday announced its partnership with one of Indonesia’s unicorns and leading e-commerce companies, Tokopedia, to make purchase protection products more accessible and convenient for consumers. Through this collaboration, Tokopedia and Igloo will make insurance protection accessible to individuals in 99 percent of districts across Indonesia and…

OMNICOM MEDIA GROUP RANKED #1 FOR NET NEW BUSINESS FOR SECOND CONSECUTIVE YEAR

OMG's Hearts & Science Tops Agency Network Ranking Group Sweeps the Network Rankings with All OMG Agencies Ranked in the Top Five NEW YORK, April 4, 2024 /PRNewswire/ -- Omnicom Media Group (OMG), the media services division of Omnicom Group Inc. (NYSE: OMC) and parent company to the OMD, PHD and Hearts & Science global media agency networks, had the best 2023 net new business record…

India’s SingleInterface raises $30M in funding led by Asia Partners

SingleInterface, an India-based software as a service (SaaS) startup, has on Wednesday announced a $30 million financing in its first ever external fundraising round. The firm said in a statement that Asia Partners, a Singapore-headquartered growth equity investment firm focused on investments in high growth technology and technology-enabled companies, led the round. PayPal Ventures, the…

Yunji Receives Approval to Transfer to Nasdaq Capital Market

HANGZHOU, China, April 4, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that on April 3, 2024, the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") approved the Company's request to transfer the listing of the Company's American Depositary Shares (the "ADSs") from the…