Boqii Filed Annual Report on Form 20-F for Fiscal Year 2023

SHANGHAI, July 25, 2023 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced that it filed its annual report on Form 20-F (the "Annual Report") for the fiscal year ended March 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on July 25, 2023. The Annual Report can be accessed on the Company's…

Ausom Unveils Leopard, a High-End Off-Road Electric Scooter

PORTLAND, Ore., July 25, 2023 /PRNewswire/ -- Ausom, an emerging manufacturer and innovator of high-end off-road electric scooters, has just made its debut in the US market with its flagship product, the Leopard. ausom_leopard_electric_scooter_new_release_banner "At Ausom, our mission is to empower adventurers with high-performance, eco-friendly mobility. With this mission in mind, we have…

MyyShop Awarded Fastest Growing Global Social Commerce Platform for China 2023 by the World Business Outlook

BEIJING, July 24, 2023 /PRNewswire/ -- MyyShop has been recognized by the World Business Outlook as the "Fastest Growing Global Social Commerce Platform - China 2023". Launched in 2020, MyyShop's strength lies in DHgate's global supply chain expertise, which allows it to provide a comprehensive solution for creators at every stage of their business journey. As creators grow, MyyShop supports them…

Taiwan’s “NEXT BIG” startup Initiative strengthened by National Development Council (NDC) increased support.

TAIPEI, July 21, 2023 /PRNewswire/ -- The National Development Council (NDC) is committed to enhancing Taiwan's global prominence in the startup ecosystem. Building upon the national startup brand "Startup Island TAIWAN," the NDC is further advancing the "NEXT BIG" program. This initiative aims to identify and promote benchmark startups recommended by the startup community and industry leaders,…

KKR leads $190M Series C round in South Korean online fashion platform MUSINSA

MUSINSA, an online fashion platform in South Korea, has raised $190 million in Series C fundraise led by KKR, a global investment firm. MUSINSA said in a statement on Tuesday the round also saw participation from Wellington Management, one of the world’s largest independent investment management firms. This Series C is the company’s third fundraise and follows its successful KRW 130…

Southeast Asia’s consumer-focused fund First Move to invest 15 to 20 companies this year [Q&A]

Former Fave executives Joel Neoh and Audra Pakalnyte have launched First Move, a founder-led early-stage fund early July, in a bid to empower consumer-focused startups across Southeast Asia. The fund provides vital pre-seed funding of up to $100,000, and has a current portfolio of seven companies spanning Singapore, Malaysia, and Indonesia, according to its statement then. Amongst its first…

Alibaba injects $845M into Southeast Asia unit Lazada- report

China-based e-commerce giant Alibaba Group Holding Ltd has injected $845 million into Lazada, its online retail business based in Southeast Asia, Bloomberg reported on Thursday. The capital infusion, disclosed in a regulatory filing in Singapore on Wednesday, brings the total that Alibaba has invested in the arm to several billion dollars since it gained control over the business in 2016, the…

LINE MAN Wongnai acquires Thai POS startup FoodStory

Thailand-based e-Commerce platform LINE MAN Wongnai said Thursday it has reached an agreement to acquire FoodStory, a Thai startup specializing in restaurant point-of-sales (POS) systems, in order to expand its merchant solutions business to every restaurant segment in Thailand. LINE MAN Wongnai said in a statement that the acquisition will expand its restaurant management system, including…

ICZOOM Group Inc. Released 2023 Interim Financial Results

-The company sustained positive net income for the six months ended December 31, 2022 - HONG KONG, July 20, 2023 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, with its financial year ends on June 30 annually, has released its interim unaudited consolidated financial statements for the six months ended December…

Automated Storage & Retrieval System Revenues to Surpass US$15 Billion by 2030 as Supply Chains Aim to Resolve Exposed Weaknesses

Continued operational constraints and macroeconomic headwinds fuel wider adoption in warehouse automation, labor optimization, and software investment NEW YORK, July 18, 2023 /PRNewswire/ -- Investment in warehouse automation and management systems continues to rise as supply chains look to resolve exposed weaknesses and create greater resilience to macroeconomic headwinds. According to global…