Sea’s revenue rises 25.1% year-on-year to $12.4B in 2022
Sea Limited, Singapore-based e-commerce giant, said Tuesday that its revenue rose 25.1 percent year on year to $12.4 billion in 2022, underpinned by e-commerce growth.
The group said in a statement that its total gross profit for the year was $5.2 billion, up 33.1 percent year-on-year.
Meanwhile, its total net loss for the year was $1.7 billion, improving by 18.9 percent year-on-year.…
Raymour & Flanigan partners with Körber to enhance end customer experience
Körber's Warehouse Management System (WMS) to drive efficiency, productivity, and customer satisfaction
HAMBURG, Germany, March 8, 2023 /PRNewswire/ -- Raymour & Flanigan, the largest furniture and mattress retailer in the Northeast and seventh largest in the US, partners with Körber to respond more effectively to today's consumer challenges through warehouse improvements pushing for greater…
Capital A signals growth plans with leadership transition in its digital portfolio
Capital A, the parent company of Malaysia-based low-cost carrier, has announced a blueprint to grow its digital businesses under the leadership of President, Commercial of Capital A Colin Currie who will hold dual roles including the Chief Executive Officer of airasia digital position.
In a statement on Tuesday, Capital A also announced that its Head of Investments John Cheing has been…
AnPac Bio Announces Receipt of the First Payment from a Malaysia Customer On a Signed US$1.5 Million Cancer Detection Equipment Purchase Contract
NEW YORK, March 7, 2023 /PRNewswire/ – AnPac Bio-Medical Science Co., Ltd. ("AnPac Bio" or 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 today that it has…
SoPa’s NusaTrip expands services to Vietnam
NusaTrip, Indonesia's online travel agency (OTA) and the travel vertical of Nasdaq-listed Society Pass Incorporated (SoPa), has on Monday announced the opening of an office in Ho Chi Minh City, Vietnam.
This represented its third Southeast Asian (SEA) regional office outside of Jakarta, following the opening of its offices in Singapore and Manila earlier this year, SoPa said in a statement.……
AnPac Bio-Medical Science Announces US$5 Million Private Placement
NEW YORK, March 6, 2023 /PRNewswire/ -- AnPac Bio-Medical Science Co., Ltd. (Nasdaq: ANPC) ("AnPac Bio," the "Company" or "we"), 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 that on March…
AnPac Bio-Medical Science Announces US$5 Million Private Placement
NEW YORK, March 6, 2023 /PRNewswire/ -- AnPac Bio-Medical Science Co., Ltd. (Nasdaq: ANPC) ("AnPac Bio," the "Company" or "we"), 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 that on March…
Philippine Enstack raises $3M in Series A funding round led by Mangrove Capital Partners
Enstack, the Philippines-based small and medium-sized enterprise (SME) superapp, has announced the completion of a $3 million Series A funding round led by Mangrove Capital Partners.
Enstack said in a statement that the investment indicated investors’ growing interest in capitalizing on the demand for digitization among small businesses.
It said Enstack’s key investors help support the…
Southeast Asian banks well-placed against FinTech disruptors after successful digital transformation, says Moody’s
Banks in Southeast Asia have made significant progress on their digital transformation journey, and incumbents that are willing to invest in technology are well placed to compete with fintechs, Moody's said Thursday.
The rating agency said in a report that Southeast Asian banks have invested significantly in digital transformation to compete with fintech disruptors.
It said the outcome…
CLPS Incorporation Reports Financial Results for the First Half of Fiscal Year 2023
HONG KONG, March 3, 2023 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2022, or the first half of the Company's fiscal year 2023.
During this period, the global economy and international affair conditions have changed considerably, including the Federal Reserve interest rate hikes…