LightInTheBox Reports Second Quarter 2023 Financial Results

SINGAPORE, Sept. 15, 2023 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter and First Half 2023 Financial Highlights Three Months Ended Year-over- Six Months Ended…

Global Times: President Xi’s visit to Xinjiang region encourages spirit of development, unity and innovation

BEIJING, Sept. 14, 2023 /PRNewswire/ -- "We couldn't believe our eyes when, on TV, we saw that the group photo President Xi Jinping took with us in our village was sitting right behind him as he delivered this year's New Year greetings. We were deeply touched by the president's love and care for Xinjiang region, and for his people," Kelibinur Yasen told the Global Times. "Now you can find this…

Hong Kong’s cross-border eCommerce enabler Buyandship secures initial $10M in Series B funding, plans to expand into SE Asia

Buyandship, a global cross-border eCommerce platform headquartered in Hong Kong, announced on Monday first closing of its Series B raise with a $10 million strategic investment led by Cool Japan Fund. The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market expansion into the Southeast Asia (SEA)…

Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report

Southeast Asia’s largest car e-commerce platform Carsome is open to new funding from potential strategic investors, its co-founder and group CEO Eric Cheng told Reuters. Cheng said the company is looking for strategic investors whose “businesses are able to add value to what we are doing, be it on car trading, financing or insurance.” Last year, Carsome has won one of Malaysia’s first…

Lazada x Petal Ads Wins Bronze in “Most Innovative Use of Mobile” at MOB-EX Awards 2023

KUALA LUMPUR, Malaysia, Sept. 13, 2023 /PRNewswire/ -- It is thrilled to announce Lazada and Petal Ads were hounoured with prestigious Bronze award in the category of "Most Innovative use of Mobile" at the tenth annual edition of the MOB-EX Awards in Singapore on 11 August 2023. This recognition is a testament to the effectiveness of the collaboration between Lazada and Petal Ads in…

WIZ.AI Unveils Southeast Asia’s First Foundation Large Language Model (LLM) for Bahasa Indonesian, Amplifying Regional Representation in Mainstream AI

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- ON September 13th, WIZ.AI, a Singapore-based Generative-AI leader in omnichannel customer engagement, proudly unveils its 13 billion-parameter Large Language Model (LLM) tailored specifically for Bahasa Indonesia. This release comes out shortly after its release of the region's first 7B Foundation Model and domain-specific Enterprise LLM earlier this…

Cross-border eCommerce Enabler Buyandship Secures Initial US$10M in Series B Funding with Strategic Investment from Cool Japan Fund

HONG KONG, Sept. 12, 2023 /PRNewswire/ -- Buyandship, a leading global cross-border eCommerce platform headquartered in Hong Kong, announced today first closing of its Series B raise with a US$10 million strategic investment led by Cool Japan Fund. The funds will be allocated to automation of operations, research, and development in Artificial Intelligence (AI) and Machine Learning, and market…

Cross-border eCommerce Enabler Buyandship Secures Initial US$10M in Series B Funding with Strategic Investment from Cool Japan Fund