How the integration of technology and innovation is revolutionizing the logistics industry

The logistics industry plays a crucial role in Malaysia's economy as it supports various sectors such as manufacturing, retail, and e-commerce. As various initiatives are in place for the years to come, it is projected that the logistics sector’s contribution to gross domestic product will increase to 6.5 percent by 2030 and the total workforce of logisticians to hit 1 million in that same year…

Sustainable tech funding in SEA is growing 2.5 times faster than the global average, says Robocash

Starting from 2020, the average year on year increase in the number of Southeast Asian (SEA) sustainability tech companies is 15.23 percent, exceeding the world average of 10.95 percent by 4.3 percentage points, said analysts at Robocash Group on Thursday. Robocash said in a statement that the annual increase in funding for these companies is 71.1 percent, a 42.9 percentage points lead over…

Fit Hub secures $6.5M to expand tech-enabled fitness solutions in Indonesia

Indonesian fitness startup Fit Hub has successfully raised $6.5 million to expand tech-enabled fitness solutions in Indonesia. Fit Hub said in a statement that the funding will expand its offline and online presence, offering free workout content and e-commerce for healthy foods, apparel, workout equipment, and supplements. The firm aims to address challenges in Indonesia, such as high…

TD Holdings, Inc. Announces Letter of Intent to Acquire an Environmental Management Company Specialized in Tailings Treatment and Control Solutions

With access to 200 million tons of asbestos tailings aiming to refine silicon dioxide and metallic magnesium new materials. SHENZHEN, China, April 12, 2023 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company" or "TD Holdings"), a commodities trading service provider in China, today announced that it has entered into a non-binding letter of intent (the "LOI") to acquire the equity…

TD Holdings, Inc. Announces Letter of Intent to Acquire an Environmental Management Company Specialized in Tailings Treatment and Control Solutions

India’s JSW One Platforms raises $25M in Series A funding round from Japan’s Mitsui

JSW One Platforms, the business to business (B2B) e-commerce venture of Indian conglomerate JSW Group, has raised INR 205 Crores ($25 million) from Japanese investor Mitsui & Co., Ltd in a series A funding round. The Series A funding round values JSW One Platforms at over INR 2,750 Crores ($335 million), JSW One Platforms said in a statement. According to the statement, JSW One…

Automated Storage & Retrieval System Revenue to Reach US$1 Billion in Micro-Fulfilment Centers by 2027 as Retailers Seek to Deliver Fast, Cost-Effective Online Offerings

Micro-fulfilment is gaining traction to augment distribution networks and bring inventory closer to the consumer, presenting an opportunity for scaled down automation LONDON, April 12, 2023 /PRNewswire/ -- As retailers deploy Micro-Fulfilment Centers (MFCs) to augment their distribution networks, automated picking solutions provide the speed and space maximization necessary for e-commerce…

Entrepreneur Universe Bright Group Announces Uplisting to The OTCQB Venture Market

XI'AN, China, April 12, 2023 /PRNewswire/ -- Entrepreneur Universe Bright Group ("EUBG" or the "Company") (OTCQB: EUBG), a digital marketing consulting company, today announced that it has successfully uplisted from the OTC Pink Sheets to the OTCQB Venture Market ("OTCQB"). The uplisting application has been approved by OTC Markets Group Inc., and the stock commenced trading on the OTCQB starting…

Global Sources Consumer Electronics Show Grand Opening

HONG KONG, April 11, 2023 /PRNewswire/ -- The prestigious Global Sources Consumer Electronics show, a leading international electronics sourcing event, commences today and will run through April 14th. Featuring over 2,000 distinguished suppliers and in excess of 4,000 booths, Global Sources Consumer Electronics proudly showcases more than 150,000 consumer electronics products from various…

Alibaba Cloud Unveils New AI Model to Support Enterprises’ Intelligence Transformation

Price-competitive core cloud products with free trial and training to make computing more inclusive for enterprises and developers to thrive in the new AI era BEIJING, April 11, 2023 /PRNewswire/ -- Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest large language model, Tongyi Qianwen. The new AI model will be integrated across Alibaba's…