Locus launches brand new enhancements to its Last Mile Logistics Platform for Retail & Courier Verticals
These enhancements are purpose-built to address industry-specific pain points & unlock greater opportunities in customers' last-mile operations.
SAN FRANCISCO, May 3, 2023 /PRNewswire/ -- Locus – a global last-mile logistics technology company – today announced industry-specific brand new enhancements of its order-to-delivery Last Mile Logistics platform for its growing retail, 3PL, and CEP…
TDCX: ASEAN SMEs plan to invest $130 billion in digitalization
Small and medium-sized enterprises (SMEs) in ASEAN do not plan to slow down their investment in digitalization, and plan to invest a further $130 billion for digitalization over the next three years, according to a recent white paper published by TDCX.
According to the report titled "ASEAN SMEs: Small Business, Big Opportunity for Tech Providers", over the last three years, these enterprises…
Bukalapak slips into the red with $68.18M net loss in 1Q
Indonesian e-commerce company PT Bukalapak.com Tbk (Bukalapak) said last Friday it has slipped into the red by recording a net loss of 1 trillion rupiah ($68.18 million) in the first quarter, as compared to a a net profit of 14.55 trillion rupiah ($991.99 million) a year ago.
Bukalapak said in a statement that its adjusted earnings before interest, taxes, depreciation, and amortization…
GoTo closer to profitability as net loss down 41 percent y-o-y in 1Q
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, said its net loss fell 41 percent year on year to 3.9 trillion rupiah ($265 million) in the first quarter of 2023, driven mainly by higher revenues and reduced incentives and product marketing spend.
GoTo said in a statement on Thursday that the improvements in operating losses were partially offset by…
TOGL and Huawei Cloud Sign MOU for New Internet Experience in Malaysia
SHENZHEN, China, April 28, 2023 /PRNewswire/ -- Huawei Cloud Spark Discovery for Internet Industry was held from April 25 to 28, 2023, where top players in this industry from Asia Pacific were invited to visit Huawei's headquarter and meet experts from Huawei and leading peers in China. In this tour, TOGL, a Malaysian advanced Internet technology company, signed a memorandum of understanding…
Future-proofing your business? Begin with payments
For online-focused merchants, the value of investing in payments has long been recognized. Payments are the most direct gateway to their customers, inextricably tied to the growth of their business.
However, creating simple, seamless checkout experiences that meet the needs of a diverse set of customers in different geographies, is a challenge that only seems to get more complex.
There are…
Airasia SuperApp average monthly active users up 12 percent q-o-q in first quarter
Airasia SuperApp recorded 12.9 million average monthly active users (MAU) in the first quarter of 2023, up by 12 percent quarter on quarter, its parent firm Capital A Berhad said Wednesday.
Capital A said in a statement that the number of airasia SuperApp transactions also reached 5.98 million, up by 99 percent year on year but down by 19 percent quarter on quarter.
According to the…
Xtend Celebrates Global Launch of AI Ad-Engine with Top Ecommerce Partners from Around The World
Shopee, Tokopedia, Lazada come together for an exclusive preview of the world-class AI first retargeting engine that will enable e-commerce platforms to activate, monetise, and re-engage their users globally.
SINGAPORE, April 27, 2023 /PRNewswire/ -- Xtend, a provider of futuristic marketing technologies, today announced the launch of a world-class AI first retargeting engine, and opened its…
WIZ.AI Launches groundbreaking Large Language Model for business verticals
SINGAPORE, April 27, 2023 /PRNewswire/ -- WIZ.AI, a Singapore-based AI-native leader in omnichannel customer engagement, today announced the launch of its first Large Language Model (LLM) that can be tailored for business verticals. This is the latest innovation in WIZ.AI's constant growth as an AI-native company since its founding in 2019. WIZ.AI's solutions automate hundreds of millions of…
Yunji Files 2022 Annual Report on Form 20-F
HANGZHOU, China, April 26, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission on April 26, 2023 Eastern Time. The annual report can be accessed on the Company's investor…