ByteDance’s TikTok to invest ‘billions’ in Southeast Asia, says CEO
Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest "billions of dollars" in Southeast Asia over the next few years, Reuters reported.
“We’re going to invest billions of dollars in Indonesia and Southeast Asia over the next few years,” TikTok CEO Shou Zi Chew was quoted as saying at a forum it organised in Jakarta to highlight the social and economic impact of…
Alibaba.com, IMDA and Enterprise Singapore Sign MOI to Help Singapore SMEs Unlock Online Export Opportunities
Eligible SMEs can access diverse digital tools to deepen e-commerce capabilities and increase visibility on Alibaba.com
SINGAPORE, June 15, 2023 /PRNewswire/ -- Alibaba.com, a leading business-to-business (B2B) platform for global trade, signed a Memorandum of Intent (MOI) today with Singapore's Infocomm Media Development Authority (IMDA) and Enterprise Singapore (EnterpriseSG) to help small and…
Changhong Showcases Cutting-Edge Home Appliances Lineup at Jakarta International Expo
JAKARTA, Indonesia, June 15, 2023 /PRNewswire/ -- Changhong, an internationally leading home appliance manufacturer, has displayed a wide array of home appliances to exemplify its commitment to technological advancement on the 54th Jakarta Fair taking place from June 14th to July 16th at Jakarta International Expo, including the 98-inch jumbo-screen TV, new Google TV, 360° Pure Fresh Air air…
NASDAQ-listed Equinix plans to open data center in KL in 1Q 2024
American digital infrastructure company Equinix plans to open its data center in Kuala Lumpur in the first quarter of 2024, following its expansion announcement last year to enter Malaysia with a data center in Johor.
Equinix said in a statement on Sunday that spurred by strong cloud growth and e-commerce adoption, as well as its continued investment in 5G, Malaysia is one of the fastest…
Fresh2 Group Ltd. Regains Compliance with Nasdaq Listing Requirements
NEW YORK, June 12, 2023 /PRNewswire/ -- Fresh2 Group Ltd., formerly AnPac Bio-Medical Science Co., Ltd. (NASDAQ: FRES), a company with operations in the United States and China focused on early cancer screening and detection and plans to enter into the operation of a business-to-business e-commerce food platform focused on the sale of Asian sourced food products, today announced that The Nasdaq…
Fresh2 Group Ltd. Regains Compliance with Nasdaq Listing Requirements
NEW YORK, June 12, 2023 /PRNewswire/ -- Fresh2 Group Ltd., formerly AnPac Bio-Medical Science Co., Ltd. (NASDAQ: FRES), a company with operations in the United States and China focused on early cancer screening and detection and plans to enter into the operation of a business-to-business e-commerce food platform focused on the sale of Asian sourced food products, today announced that The Nasdaq…
Yunji Announces Plan to Implement ADS Ratio Change
HANGZHOU, China, June 12, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.000005 per share, from the current ADS Ratio of one (1) ADSs to ten (10) Class A…
Yodaplus: Empowering Businesses through Strong Technology Partnerships and Digital Transformation Solutions
Mumbai-based tech firm Yodaplus empowers businesses with robust technology partnerships and transformative digital solutions
MUMBAI, India, June 12, 2023 /PRNewswire/ -- With a strong foothold across India, Yodaplus is solidifying its presence in the US, UAE, and Singapore.
Yodaplus: Revolutionizing Technology Services for Business Success
Yodaplus, a Mumbai-based technology services…
Carsome refutes funding bid from government; says its liquidity position remains robust at over $150M
Malaysia-based integrated car e-commerce platform Carsome has denied the report that it has petitioned to the Ministry of Finance in Malaysia for funding as its liquidity position remains strong at $150 million.
"Carsome seeks to clarify a recent news report and affirm that it has not solicited nor petitioned the Ministry of Finance for funding," Carsome said in a statement on Thursday.…
Yiren Digital Reports First Quarter 2023 Financial Results
BEIJING, June 9, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the quarter ended March 31, 2023.
First Quarter 2023 Operational Highlights
Insurance Brokerage Business
Cumulative number of insurance clients served reached 1,007,238…