Indonesia’s GoTo narrows losses in second quarter, closer to profitability

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has reported losses in the second quarter and it is on track for profitability. GoTo said in a statement on Tuesday that the firm's adjusted losses before interest, taxes, depreciation, and amortization narrowed to 1.2 trillion rupiah ($78.25 million) in the second quarter, driven by improved monetization and…

Atome renews $100M debt facility with HSBC Singapore for Philippine market expansion

Singapore FinTech firm Atome Financial has on Wednesday announced it has renewed and expanded its $100 million debt facility with HSBC Singapore to include the Philippines market, as well as support new consumer financing products. “We’re excited to have the renewed support of HSBC, especially as it now includes the Philippines, a key strategic market for us in providing unbanked and…

Yeahka Limited to Report 2023 Interim Results on Thursday, August 24, 2023

HONG KONG, Aug. 16, 2023 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", stock code: 9923.HK), a leading payment-based technology platform in China, today announced that it will report its unaudited financial results for the six months ended June 30, 2023. Mr. Luke Liu, Chief Executive Officer, Mr. John Yao, Chief Financial Officer and Mr. Ben Zhao, Board Secretary and General Manager…

Musoni and Brankas Team Up to Enhance Credit Scoring and Corporate Financing in Asia

YANGON, Myanmar, Aug. 16, 2023 /PRNewswire/ -- Musoni System is excited to announce partnership with Brankas, a leading open finance technology company. Brankas is integrated with over 100 enterprise partners including banks and fintechs to facilitate instant account-to-account payments, bank account opening, and secure retrieval of financial data. Musoni and Brankas Team Up to Enhance Credit…

CDNetworks and 17LIVE Joined Forces to Deliver the Top Live Streaming Experience in Asia

With seamless low-latency live streaming services and round-the-clock support, CDNetworks elevates 17LIVE's live streaming user experience to greater heights. SINGAPORE, Aug. 16, 2023 /PRNewswire/ -- CDNetworks, an APAC-leading network to deliver edge as a service, proudly acknowledges its instrumental role in the ascent of 17LIVE, Asia's leading live streaming platform. The collaboration between…

JX Luxventure Announced its new Collaboration with Hainan Airlines for Air-Ticket Sales, to Promote through the Company’s Channels and Official Accounts incorporating ChatGPT-type Technology

HAIKOU, China, Aug. 15, 2023 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: JXJT) (the "Company"), a company that engages in tourism with business segments covering tourism, tourism duty-free cross-border merchandise and tourism technology solutions, announced today that on August 14, 2023, its subsidiary, Beijing Heyang International Travel Agency Co., Ltd. ("Heyang") signed a passenger…

JX Luxventure Announced its new Collaboration with Hainan Airlines for Air-Ticket Sales, to Promote through the Company’s Channels and Official Accounts incorporating ChatGPT-type Technology