Malaysia’s Involve Asia raises over $10M in funding round led by Bintang Capital Partners

Malaysia-based affiliate marketing platform Involve Asia Technologies Sdn. Bhd has raised over $10 million led by Bintang Capital Partners Berhad (Bintang), the private equity arm of Affin Hwang Asset Management Berhad with a parentage that includes leading global investment managers such as CVC Capital Partners and Nikko Asset Management. Involve Asia said in a statement that they are joined…

CapitaLand Investment establishes China data centre development fund with S$1 billion investments

CapitaLand China Data Centre Partners will develop two hyperscale data centres in Greater Beijing, bringing CapitaLand's data centre portfolio to 26 across Asia and Europe SINGAPORE, Feb. 22, 2023 /PRNewswire/ -- CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP).  CDCP has committed to invest in two hyperscale…

Carsome enters after sales market with launch of Carsome service center

Malaysia-based integrated car e-commerce platform Carsome has ventured into the after-sales car service market with the launch of Carsome Service Center. The company said in a statement on Tuesday that it has commenced operations of two Carsome Service Centers at strategic locations in Petaling Jaya and Ampang respectively. Car owners can book an appointment for an initial inspection…

Tencent Cloud ranks as the No. 1 cloud services provider in media services market, says Frost & Sullivan

Tencent Cloud, the cloud business of global technology company Tencent, has on Tuesday announced that it has been recognized as the no. 1 services provider in the media services market, according to Frost & Sullivan’s 2022 Asia-Pacific (APAC) Media Service Market Report. The study, which gathers data insights across Singapore and eight other markets in the region1, found that 33.4 percent…

Leading Online Bridal & Special Occasion Dress Retailer, Azazie Launches Little White Dress Collection

This new collection was developed to help brides plan their looks for every event that is part of their wedding celebration. SAN JOSE, Calif., Feb. 21, 2023 /PRNewswire/ -- Today, Azazie, the leading direct-to-consumer bridal and special occasion dress brand, has launched their Little White Dress Collection, with looks designed for elopements, bridal showers, bachelorette parties, rehearsal…

Qudian Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

XIAMEN, China, Feb. 21, 2023 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2022. Fourth Quarter 2022 Operational Highlights: As a result of the Company's previously announced decision to cease new credit offerings…

Tencent Cloud Ranks As The No. 1 Cloud Services Provider In Media Services Market, According To Frost & Sullivan

The APAC media services market size is projected to reach US$6,987 million in 2026, with a CAGR of 27% over the next four years Tencent Cloud is driving the APAC media services landscape helping enterprises to achieve "Immersive Convergence", accelerating their digital transformation journey into the eras of Web3.0 and Metaverse SINGAPORE, Feb. 21, 2023 /PRNewswire/ -- The cloud business of…

GLOBAL TIMES ONLINE: Hainan holds promotion event for free trade port in Indonesia, signing 13 cooperation agreements

JAKARTA, Indonesia, Feb. 21, 2023 /PRNewswire/ -- South China's Hainan Province held a promotion event for the Hainan Free Trade Port (FTP) in Jakarta, Indonesia on Feb. 17. During the event, Hainan introduced favorable policies and investment opportunities in the FTP in a bid to deepen cooperation with Indonesia and ASEAN and share the opportunities delivered by the development of the FTP for…

Savvy Games invests $265M in Chinese esports player VSPO

China-based esports player VSPO (formerly VSPN) has announced a $265 million deal made by innovative games and esports company Savvy Games Group, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), who will now become VSPO’s single largest equity holder. The deal symbolizes a landmark commercial partnership between China, the world’s biggest esports market, and the Kingdom of Saudi…

Which category takes best performance on TikTok? Key Findings From Shoplus 2022 TikTok Trends Report

HONG KONG, Feb. 21, 2023 /PRNewswire/ -- Report: "Her Economy" is on the rise, Beauty and Personal Care, Womenswear and Lingerie accounted for 44% in TikTok e-commerce As the most welcomed TikTok analytics tool, Shoplus released its TikTok E-commerce Product Trends Report of the 2022 Year-End Mega Sales Season in February 2023. Shoplus utilizes platform advantages and comprehensive analysis to…