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…
AliExpress Levels Up Experience for U.S. Customers with Updated Shopping Guarantees and a Redesigned Mobile App
The updates roll out just in time for the brand's 14th Anniversary Sale, with deals up to 70% off from March 18 through March 27
LOS ANGELES, March 19, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, has made significant updates to its platform designed to enhance the customer experience in the U.S. market, including…
ICZOOM Announces Upgrade The Risk Control Of The SAAS System To Improve Service Quality And Security
HONG KONG, March 19, 2024 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced today that the Company has upgraded the risk control of its SAAS system to enhance its customer service capabilities and improve the quality and security of customer transactions.
ICZOOM's electronic trading platform has…
Dynata Infuses Top Sales Talent into Commercial Leadership Team
Company adds three seasoned executives in North American region, continues investment in its commercial modernization effort to fuel client growth
SHELTON, Conn., March 18, 2024 /PRNewswire/ -- Dynata — the most trusted source for reliable, accurate first-party data — today announced the addition of three renowned sales executives to its commercial leadership team in the North American region.…
LightInTheBox to Report Fourth Quarter and Full Year 2023 Financial Results on Monday, March 25, 2024
- Earnings Call Scheduled for 8:00 a.m. ET on March 25, 2024 -
SINGAPORE, March 18, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2023 before…
Qudian Inc. Announces up to US$300 Million Share Repurchase Program
XIAMEN, China, March 18, 2024 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$300 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing one Class A ordinary…
Malaysia’s MYStartup selects 26 startups for pre-accelerator cohort 3 program
Malaysian government held MYStartup, in partnership with startup accelerator Growth Charger, has selected 26 high potential startups for the MYStartup Pre-Accelerator Cohort 3 Program.
MYStartup said in a statement on Friday that these 26 startups have been shortlisted from 136 applicants across Malaysia and will undergo a four-month tailored program.
According to the statement, the…
Press-On Nails Go Viral: Exceeding $1 Million in 5-Minute Livestream Sales!
Yiwugo Vendors Export Over 1 Million Boxes Weekly
YIWU, China, March 15, 2024 /PRNewswire/ -- Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. "Do you have press-on nails?" Yesterday, in Zone 3 of Yiwu International Trade City (also known as the Yiwu Market), two live-stream influencers on e-commerce platforms were scouting for…