Dingdong (Cayman) Limited Announces First Quarter 2023 Financial Results

SHANGHAI, May 12, 2023 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended March 31, 2023. First Quarter 2023 Highlights: GMV for the first quarter of 2023 decreased by 6.8% year over year to…

Dingdong (Cayman) Limited Announces First Quarter 2023 Financial Results

MobilityOne partners with Wibmo to issue Mastercard prepaid cards through Wibmo Hexa

Wibmo, a subsidiary of PayU, has partnered with MobilityOne, a Malaysia-based payment firm, to support the issuance of Mastercard prepaid cards through its prepaid platform Wibmo Hexa. With this partnership, Wibmo and MobilityOne are all set to foray into the Malaysian prepaid card market and offer various prepaid programs catering to consumer, corporate, government and the health sector,…

Hong Kong’s ESR expands into Thailand, investing $235M to develop two logistics and industrial parks

Hong Kong-based real asset manager powered by the new economy ESR Group Limited, together with its subsidiaries, has on Wednesday announced its expansion into Thailand, with the opening of its Thailand office. ESR said in a statement that it is currently developing two logistics and industrial parks in Thailand, representing a capital investment of THB 8 billion ($235 million). The first…

Japan’s Genesia Ventures raises $110M in final close of the third fund

Japanese venture capital firm Genesia Ventures said Wednesday it has raised $110 million in final close of the third fund. Genesia Ventures said in a statement that organizations including Canal Ventures, Cygames, DBJ Capital, FFG Venture Business Partners GREE Ventures, JA Mitsui Leasing, Japan Investment Corporation, Mizuho Capital, Mizuho Bank, Oriental Land Innovations, Sumitomo Mitsui…

Singapore’s SquareX raises $6M in seed round led by Sequoia Capital Southeast Asia

SquareX, a Singapore-based cybersecurity startup, announced Wednesday it has raised $6 million in a seed round led by Sequoia Capital Southeast Asia. SquareX said in a statement that it will use the funds raised on research and development (R&D)-engineering and go-to-market. "We are driven by our vision to create a digital world where users can embrace the full potential of the…

Accel introduces Atoms 3.0 with sector-focused thematic cohorts for early-stage companies

Accel Atoms is a community-led platform for pre-seed and seed-stage startups to access funding, gain dedicated hands-on mentorship, and coaching from top operators and founders. The program was launched 21 months ago. Since then, Atoms has invested in 24 companies across two cohorts. These companies have since raised a total of over $160mn in funding Atoms 3.0 will have two theme/sector…

YouPay changes the way people gift with launch of world-first gifting app.

BRISBANE, Australia, May 9, 2023 /PRNewswire/ -- YouPay, the award-winning gifting platform, today launched a world-first gifting app for iOS and Android. The app delivers a real-time gifting solution and significantly expands the number of brands that shoppers can access with YouPay. Initially available in Australia, YouPay has plans to rapidly expand the capability globally. YouPay was…

YouPay changes the way people gift with launch of world-first gifting app.