LightInTheBox Announces Share Repurchase Program

SINGAPORE, June 29, 2023 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that its board of directors (the "Board") authorized on June 27, 2023 a share repurchase program under which the Company may repurchase up to US$10 million of its ordinary shares in the…

LightInTheBox Announces Share Repurchase Program

CJ Logistics and Korea Ocean Business Corporation to Invest up to $457 Million in Creating Large-scale Logistics Centers in the US

Large-scale logistics centers will be built in strategic logistics and distribution hubs, including Chicago and New Jersey. CJ Logistics will provide the land for these centers, which collectively cover an area equal to 50 soccer fields, while KOBC will secure the necessary funding for the construction. The logistics centers are expected to serve as strategic hubs, facilitating import and…

Tata Communications to Acquire Kaleyra, a Leading Global CPaaS Platform Player, in All Cash Transaction

Acquisition Represents A Significant Premium Over Kaleyra's Last Closing Price NEW YORK and MUMBAI, India, June 28, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces it has entered into a definitive agreement through Tata Communications Limited to acquire Kaleyra, Inc. (NYSE: KLR) to empower global enterprises to offer personalised experiences to their…

Asia Innovations Group Celebrates its 10th Anniversary with the Launch of Cutting-Edge Generative AI Capabilities

Marks Ten Years of Enriching People's Lives Worldwide through the Integration of Revolutionary Technology Advancements SINGAPORE, June 28, 2023 /PRNewswire/ -- ASIG this month celebrates their 10th anniversary of championing creativity, inclusivity, and opportunity for people by supplying an integrated platform of advanced technology products and apps for social, entertainment, e-commerce, and…

Singapore’s Igloo launches new insurance products across Southeast Asia

Singapore-based insurtech firm Igloo has launched a range of new insurance products aimed at addressing emerging risks and the underserved needs of consumers and businesses in Southeast Asia. The three innovative products include Safe Dining Plan Insurance, designed to provide coverage for food poisoning in Indonesia; NegosyoCare Insurance offering protection for micro, small, and medium…

BEST Inc. enhances AI capabilities by integrating ChatGPT into Qianyi ERP software

HANGZHOU, China, June 28, 2023 /PRNewswire/ -- BEST Inc. announced today that it has integrated the natural language processing tool ChatGPT into its Qianyi ERP software, allowing cross-border sellers to generate multi-language product titles and descriptions using AI. The integration is part of the Company's efforts to enhance AI capabilities and pilot in the logistics industry. It has been…

Laifen Dominates the Chinese 618 Shopping Day with Impressive Yet Expected Results

Laifen achieved $47-Million (USD) sales revenue with over 600,000 high-speed hair dryers sold through all channels during Chinese 618 shopping day. HONG KONG, June 28, 2023 /PRNewswire/ -- China's 618 shopping day has become a significant event in the retail industry for millions of shoppers every year. Laifen, the fastest-growing brand in the consumer electronics segment in China, seized the…

Riding the Waves of Foreign Trade: The Rise of China’s Brands in 2023

BEIJING, June 28, 2023 /PRNewswire/ -- In collaboration with Amazon Web Services, Fortune China has conducted research that highlights China's brands expanding overseas in 2023. Nowadays, venturing into overseas market is becoming a significant startup opportunity and the second growth curve for many companies. Extending their reach from nearby regions to distant territories, the current wave of…

Riding the Waves of Foreign Trade: The Rise of China’s Brands in 2023