This Singapore-based insurtech firm offers unique microinsurance for ‘underserved’ groups including farmers, gamers & even your pets [Q&A]

Singapore-based insurtech firm Igloo sees Southeast Asia as a high-potential market due to its low insurance penetration, rising income level, increasing awareness about insurance, its Co-Founder said. "There is a lot of room to grow due to the low insurance penetration. On top of that, the rising income levels and digital savvy-ness are reassuring for insurtechs like Igloo, demonstrating an…

Indonesia’s Bukalapak confident in turning profitable by the fourth quarter of 2023

Indonesian e-commerce company Bukalapak is more confident in delivering its long-term mission of turning profitable by the fourth quarter of 2023 after having posted six sequential quarters of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improvement. The group said in a statement on Monday that the firm that its revenue was IDR 1.18 trillion ($78.03…

ASIG’s Technological Center of Excellence Advances AI Applications with Unparalleled Innovation

SINGAPORE, July 31, 2023 /PRNewswire/ -- Asia Innovations Group (ASIG) announced today that its Technology Center of Excellence (TCE) is now fully operational after five months of rigorous testing and development. The TCE's official launch marks a significant milestone in ASIG's ongoing AI development. The TCE is an AIGC-centric engineering shared services hub that unites a skilled team of…

2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum Held in Qianhai, Shenzhen

SHENZHEN, China, July 31, 2023 /PRNewswire/ -- The 2023 ASEAN-China Greater Bay Area Economic Cooperation (Qianhai) Forum was held in Qianhai, Shenzhen from July 29 to 30. More than 500 political and business representatives from ASEAN countries and the Guangdong-Hong Kong-Macao Greater Bay Area attended the opening ceremony and related events. Six enterprises under the chambers of commerce from…

Gem Rock Auctions Celebrates Remarkable Milestone of Selling 1 Million Exquisite Gemstones Online

GOLD COAST, Australia, July 31, 2023 /PRNewswire/ -- Gem Rock Auctions, the leading online marketplace for gemstones, celebrates a remarkable milestone as its 320 sellers worldwide have collectively sold over 1 million gemstones to 179 countries. With an impressive inventory of over 1,000 gemstones listed each day, Gem Rock Auctions has emerged as a popular destination for both B2B and B2C…

Geek+ Goods-to-person solution revolutionizes National Day Parade 2023 goodie bag giveaways

SINGAPORE, July 31, 2023 /PRNewswire/ -- Geek+, the global leader in autonomous mobile robotics (AMR), is utilizing its goods-to-person picking solution to drive additional efficiency and accuracy in the preparation of free treat bags to be distributed at National Day Parade (NDP) on August 9.  Geek+ solutions streamline the picking process by automatically transporting inventory directly from…

HSBC, GOBI Partners join hands to support innovative businesses between Hong Kong and ASEAN

Gobi Partners, a pan-Asian venture capital firm, and the Hongkong and Shanghai Banking Corporation (HSBC) have on Friday signed a Memorandum of Understanding (MOU) to deepen their partnership to support the innovation economy in Hong Kong and ASEAN. Both parties said in a statement that under the MOU, both companies will explore further opportunities to drive business and financial…

Fresh2 Group Ltd. Completes Acquisition of SpeedIn INC, a Delivery Service Provider

NEW YORK, July 28, 2023 /PRNewswire/ -- Fresh2 Group Ltd., formerly AnPac Bio-Medical Science Co., Ltd. (NASDAQ: FRES) ("Fresh2," the "Company" or "we"), a company with operations in the United States and China focused on the business-to-business e-commerce and supply chain sectors for the restaurant supply and food industry and on early cancer screening and detection, today announced the…

Diane Wang Named 2023 Business Women of the Year by CEO Today Magazine for Outstanding Leadership

BEIJING, July 28, 2023 /PRNewswire/ -- Diane Wang, Founder, Chairperson & CEO of DHGATE Group, has been awarded the 2023 Business Women of the Year Award from CEO Today Magazine, a leading voice in business leadership and entrepreneurship. The highly anticipated awards aim to recognise and celebrate the accomplishments of women leaders who have significantly impacted the business world over…

Admitad partner network boosts Chinese sales in overseas markets by 143% and GMV by 343%

NECKARSULM, Germany, July 28, 2023 /PRNewswire/ -- Thanks to the high quality and wide range of goods offered, Chinese companies are making deeper inroads into key European, US and LATAM markets, as well as MENA and APAC secondary markets. Just a few days ago, online wholesale marketplace Alibaba.com said cross-border demand for Made in China exports over its platform had leapt by 33%.…