Alibaba injects $845M into Southeast Asia unit Lazada- report
China-based e-commerce giant Alibaba Group Holding Ltd has injected $845 million into Lazada, its online retail business based in Southeast Asia, Bloomberg reported on Thursday.
The capital infusion, disclosed in a regulatory filing in Singapore on Wednesday, brings the total that Alibaba has invested in the arm to several billion dollars since it gained control over the business in 2016, the…
LINE MAN Wongnai acquires Thai POS startup FoodStory
Thailand-based e-Commerce platform LINE MAN Wongnai said Thursday it has reached an agreement to acquire FoodStory, a Thai startup specializing in restaurant point-of-sales (POS) systems, in order to expand its merchant solutions business to every restaurant segment in Thailand.
LINE MAN Wongnai said in a statement that the acquisition will expand its restaurant management system, including…
ICZOOM Group Inc. Released 2023 Interim Financial Results
-The company sustained positive net income for the six months ended December 31, 2022 -
HONG KONG, July 20, 2023 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, with its financial year ends on June 30 annually, has released its interim unaudited consolidated financial statements for the six months ended December…
Automated Storage & Retrieval System Revenues to Surpass US$15 Billion by 2030 as Supply Chains Aim to Resolve Exposed Weaknesses
Continued operational constraints and macroeconomic headwinds fuel wider adoption in warehouse automation, labor optimization, and software investment
NEW YORK, July 18, 2023 /PRNewswire/ -- Investment in warehouse automation and management systems continues to rise as supply chains look to resolve exposed weaknesses and create greater resilience to macroeconomic headwinds. According to global…
Matahari Updates and Optimises its DC Network with Manhattan Associates WMS
SINGAPORE, July 18, 2023 /PRNewswire/ -- Manhattan Associates Inc. (NASDAQ: MANH) announced today that it had worked with leading Indonesian retailer, Matahari, to modernise its distribution centre (DC) network with Manhattan Associates' market-leading WMS technology.
Grocery store
Matahari Putra Prima Tbk (MPPA) Retail Group is one of the largest retailers in Indonesia, and the country's…
JISULIFE Celebrates World’s No.1 Portable Fan Brand
NEW YORK, July 17, 2023 /PRNewswire/ -- JISULIFE, the world leading portable fan brand, proudly announced today that the they got the position of world's No.1 portable fan brand in terms of global sales revenue in 2022 and their proportion of sales from portable fans exceeds 50% of the brand's overall sales revenue. This achievement strengthens JISULIFE's position as the world's leading portable…
Dreame Technology to Launch Its First Robotic Pool Cleaners this September in North American Market
SAN FRANCISCO, July 17, 2023 /PRNewswire/ -- Dreametech Technology, a fast-growing technology company and leading manufacturer of home cleaning appliances, announced the launch of their new product line, Robotic Pool Cleaner. Dreame Technology will launch two robotic pool cleaner products, targeting the mid-to-high end market. Dreame Technology has already initiated formal mass production of the…
Representative K-kid brand Goongbe wins at iF Design Award 2023
Aesthetic design with a motif of placenta jar and lotus, reflecting the brand's origin as a secret method of royal family
SEOUL, South Korea, July 14, 2023 /PRNewswire/ -- Goongbe, Korea's representative kid brand, has won in the beauty and healthcare category for packaging at iF Design Award 2023, a global design award.
Representative K-kid brand Goongbe wins at iF Design Award 2023
The…
Sendbird Launches SmartAssistant, the First No-Code Generative AI Chatbot for Web and Mobile Apps
AI solution for commerce, marketing, and customer service experiences
SAN MATEO, Calif., July 14, 2023 /PRNewswire/ -- Sendbird, the global in-app conversations platform powering over 300 million monthly active users across 4000 apps, today announced the launch of its SmartAssistant, a first-of-its-kind, conversational AI solution for marketing, commerce, and customer service. SmartAssistant is a…
Annica Witschard on Home Credit’s strategy for improving financial inclusion, access, and literacy in Asia [Q&A]
In this TechNode Global Q&A, Annica Witschard, Chief Executive Officer of Home Credit Vietnam, outlined the company's strategic initiatives in expanding financial inclusion, especially in marginalized communities. She highlighted that Home Credit Vietnam has served over 15 million customers, with a broader reach of over 125 million globally. The FinTech company uses data-driven modeling to…