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…
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…