Southeast Asia leads in digital economy growth at 15.8 percent for the next five years: report
Southeast Asia (SEA) is racing ahead among the region in digital economy, according to the latest report conducted by market intelligence firm IDC and commissioned by global payments platform 2C2P and Ant Group.
According to the report, SEA leads in digital economy growth at 15.8 percent for the next five years, outpacing the United States (9.4 percent) and European Union (8.7 percent).…
Empowering APAC SMBs: Navigating global ambitions in an interconnected world
The time is now for global SMBs to look beyond their borders to seize maximum opportunities and build more reliable and interconnected cross-border economies.
As most of the world has slowly eased out of the pandemic over the last two years (July 2023, Payoneer SMB Barometer Report), the aftereffects have undoubtedly left the global economy severely disrupted, which unsurprisingly,…
Qiscus secures $2M from Init6 for Southeast Asian markets expansion
Qiscus, an Indonesia-based technology company providing an omnichannel
customer engagement platform, has secured $2 million from Init6, an investment company founded by Achmad Zaky, who is also Co-Founder of Indonesian e-commerce giant, Bukalapak.
Qiscus said in a statement on Tuesday that this investment will be strategically used to strengthen Qiscus’ expansion into the Southeast Asian…
Singapore’s Inteluck raises $34M in Series C funding led by Navegar
Inteluck, a Singapore-based technology-driven supply chain solution provider, has announce the successful completion of its Series C funding round, securing $34 million in investment.
Inteluck said in a statement on Tuesday that the round was led by Philippines-focused private equity firm Navegar and joined by existing investor East Ventures, a venture capital firm in Southeast Asia.
It…
TerraPay and Nequi partner to transform remittances in Colombia
Using TerraPay's digital payment infrastructure, Nequi's 17.5 million users will be able to receive remittances from relatives and friends in over 200 countries Nequi customers will have access to easy-to-use financial app with reduced waiting times and no fees for the beneficiary Partnership reflects companies' shared values of empowering people to better manage their money and financial…
Jayud Signs Cross-Border First-Mile Logistics Service Agency Contract With Pinduoduo
SHENZHEN, China, Oct. 24, 2023 /PRNewswire/ -- Jayud Logistics Technology Co., Ltd (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solution provider based in Shenzhen, specializing in cross-border logistics, has finalized an important extension of its First-Mile Logistics Service Agreement (the "Agreement") with Pinduoduo, a leading social e-commerce firm headquartered…
Kuaishou Technology to Report 2023 Third Quarter Financial Results on November 21, 2023
HONG KONG, Oct. 24, 2023 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HK Counter: 01024 / RMB Counter: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated results for the third quarter and nine months ended September 30, 2023, after the Hong Kong market closes on Tuesday, November 21, 2023.
The Company's…
An Evermos and IFC Study: Inclusive Employment through Digitalization in Indonesia as the key for Advancing Economic Growth at the Base of the Pyramid
BANDUNG, Indonesia, Oct. 23, 2023 /PRNewswire/ -- An estimated 26.16 million people in Indonesia, or 9.54% of the total population lived below the poverty line with the limited access to basic needs and economic opportunities. Workers at the base of the pyramid are often engaged in informal work or in low-skill jobs with limited earning potential, social protection or opportunities for career and…
4th APEC Women Connect ‘Her Power’ Entrepreneurship Competition Opens to Applicants
Organized by cross border e-commerce companies DHgate and social commerce platform MyyShop, and women empowerment organizations The Inner Mountain Foundation and APEC Women Connect, the annual competition helps women to find their inner strengths while developing crucial social commerce business skills.
BEIJING, Oct. 20, 2023 /PRNewswire/ -- The 4th APEC Women Connect "Her Power" Entrepreneurship…
Insurtech Igloo scores mobile partnerships with OPPO and realme to offer after-sales care in Southeast Asia
Singapore-based insurtech firm Igloo has forged its first mobile partnerships with China-based consumer electronics manufacturers OPPO and realme to offer after-sales care in Southeast Asia.
Igloo said in a statement on Thursday that as the exclusive partner of both brands for their protection and after-sales service across the region, Igloo enhances OPPO Care and realme Care+ offerings and…