Wellous, DHL establish a sustainability partnership to combat climate change
Wellous Group Limited, a Malaysia-based nutrition company, has on Friday announced that the company has entered into an agreement to become DHL Express’s first customer in Asia Pacific to use GoGreen Plus service.
Wellous said in a statement that this partnership supports Wellous’ sustainability goal to reduce the carbon emissions of its international shipments by 10 percent year-on-year.…
GoTo accelerates profitability timeline, with adjusted EBITDA expected to turn positive in 4Q, 2023
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has on Friday announced that it has further accelerated its profitability timelines.
The company said in a statement that it expects adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to become positive within the fourth quarter of 2023.
It also said the group contribution margin…
PPRO extends global cross-border payments infrastructure into South Korea
United Kingdom-based FinTech firm PPRO has extended its infrastructure to the South Korean market through integrating South Korean local cards and Toss Pay, one of the most popular e-wallets in South Korea onto its platform.
PPRO said in statement on Thursday that Toss is South Korea's leading financial service platform, operated by Viva Republica, that reaches a total of 24 million users (or…
Singapore’s Cube Asia raises $1.5M seed funding round led by Wavemaker Partners
Cube Asia, a Singapore-based online retail insights company offering granular market and competitive insights for consumer brands, retail companies, and investors, has on Wednesday announced that it has raised a seed round totaling $1.5 million.
This is Cube Asia’s first funding round. The round was led by Wavemaker Partners, with participation from M Venture Partners and several angels,…
AnPac Bio-Medical Science Acquires GISN (HK) LIMITED, a Technical Solution and Outsourcing Consulting Services Provider
NEW YORK, Feb. 15, 2023 /PRNewswire/ -- AnPac Bio-Medical Science Co., Ltd. (the "Company") (NASDAQ: ANPC), a company with operations in the United States and China focused on early cancer screening and detection and plans to enter into the operation of a business-to-business e-commerce food platform focused on the sale of Asian sourced food products, announced the closing of the acquisition of…
Joel Neoh departs Fave as Chief Executive Officer
Fave, a consumer fintech platform in Southeast Asia, has announced that its Founder and Chief Executive Officer Joel Neoh will leave from his role by early March 2023.
Fave said in a statement on Tuesday that its Co-Founder Yeoh Chen Chow will continue to lead the business together with Avantika Jain, General Manager in Singapore, Aik Kuang Heng, Fave’s newly appointed General Manager in…
SECOO Group: access to the ERNIE Bot developed by Baidu, the Chinese version of ChatGPT, luxury smart marketing scene landing for the first time
BEIJING, Feb. 14, 2023 /PRNewswire/ -- Recently, SECOO Group (NASDAQ: SECO), Asia's leading online and offline boutique lifestyle platform, announced to become the first batch of ecological partners of the ERNIE Bot developed by Baidu, the Chinese version of ChatGPT (English name: ERNIE Bot). Later, SECOO Group will fully experience and access the ability of ERNIE Bot.
Next, SECOO Group will…
Qiming Venture Partners’ portfolio company LanzaTech lists on Nasdaq
LanzaTech NZ, Inc., an innovative leader in carbon capture and transformation and a Qiming Venture Partners portfolio company, listed on Nasdaq on Feb 10, following the completion of its business combination with AMCI Acquisition Corp. II (AMCI), a special purpose acquisition company (SPAC).
The combined company will operate as LanzaTech Global, Inc, and it issued at $10.00/share representing…
AnPac Bio-Medical Science Enters into Definitive Agreement to Make Another Acquisition to Significantly Expand Scope of Business in the U.S.
NEW YORK, Feb. 13, 2023 /PRNewswire/ -- AnPac Bio-Medical Science Co., Ltd. (the "Company") (NASDAQ: ANPC), a company with operations in the United States and China announced that on February 12, 2023, the Company, through its subsidiary Foodbase Group Inc., entered into a definitive equity purchase agreement to acquire a group of affiliated companies, SLV Windfall Group LLC, Windfall SLV…
Dingdong (Cayman) Limited Announces Fourth Quarter 2022 Financial Results
SHANGHAI, Feb. 13, 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 December 31, 2022.
Fourth Quarter 2022 Highlights:
GMV for the fourth quarter of 2022 increased by 12.7% year over year…