Jowell Global Ltd. Announces Full Year 2022 Financial Results

-- Full Year Revenue of $210.0 million, up 22.9% year-over-year -- SHANGHAI, May 16, 2023 /PRNewswire/ -- Jowell Global Ltd. ("Jowell" or the "Company") (NASDAQ: JWEL), a leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China, today announced its financial results for the full year ended December 31, 2022. Full Year 2022 Financial and…

J&T Express acquires China’s Fengwang Express for $170M

Indonesia-headquartered courier startup J&T Express has on last Friday announced that it will acquire Shenzhen Fengwang Information Technology Co., Ltd. (Fengwang Information), the owner of Chinese e-commerce logistics provider Shenzhen Fengwang Express Co., Ltd. (Fengwang Express), for RMB1.183 billion ($170.09 million). J&T Express said in a statement that the firm has entered into a…

SEA based startup launches next-gen location sharing social app, Jagat, surpasses 1 million DAUs globally in first month

Singapore-Indonesia based startup, Jagat, attracted more than 1 million daily active users (DAU) within the first month after launch, topping global charts. The startup with a background in social, gaming, and commerce, is backed by leading investors in the Southeast Asian tech scene. JAKARTA, Indonesia, May 15, 2023 /PRNewswire/ -- This emerging startup has gained significant traction globally,…

J&T Express and SF Express reach agreement to acquire 100% share rights of Fengwang Express for RMB 1.183 billion

SHANGHAI, May 12, 2023 /PRNewswire/ -- Global logistics service provider, J&T Express today announced that it has entered into a Share Transfer Agreement with Shenzhen Fengwang Holdings Co., Ltd. ("Fengwang Holdings"), a subsidiary of S.F. Holding Co., Ltd. (002352.SZ). J&T Express' subsidiary J&T Express (Shenzhen) Supply Chain Co., Ltd. will acquire 100% share rights of Fengwang…

Next-gen location sharing social app gains massive traction, surpassing 1 million DAUs within the first month

Singapore-Indonesia based startup, Jagat, attracted more than daily active users (DAU) within the first month after launch, topping global charts. The startup with a background in social, gaming, and commerce, is backed by leading investors in the Southeast Asian tech scene. SINGAPORE, May 12, 2023 /PRNewswire/ -- This emerging startup has gained significant traction globally, topping the charts…

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…