Alibaba to host conference call on Thursday to discuss split plans – report
Alibaba Group Holding Ltd will be hosting a conference call on Thursday, the company said on Wednesday, to discuss its plan to split into six units and explore fundraisings or listings for most of them, Reuters reported.
The conference call is scheduled for 8 am (0000 GMT) on March 30, the company said, according to the report.
Alibaba shares gained more than 14 percent in New York on…
Indonesia’s Bukalapak achieves profitability in FY22 on investment gains
Indonesian e-commerce firm PT Bukalapak.com Tbk (Bukalapak) has achieved profitability in financial year ended December 31, 2022 (FY22) on investment gains.
Bukalapak said in a statement on Tuesday that it achieved a net profit of IDR 1.98 trillion ($126.12 million) in 2022 as compared to a net loss of IDR 1.68 trillion a year ago.
The company recorded an operating income of IDR 1.76…
Kuaishou Technology Announces Fourth Quarter and Full Year 2022 Financial Results
HONG KONG, March 29, 2023 /PRNewswire/ -- Kuaishou Technology (HK:1024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its financial results for the fourth quarter and full fiscal year ended December 31, 2022.
Fourth Quarter 2022 Key Highlights
Average DAUs on Kuaishou APP were 366.2 million, representing an increase of 13.3% from 323.3…
Indonesia’s Social Bread officially launched after raising $400,000 seed funding led by East Ventures
Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly small and medium enterprises (SMEs), has been officially launched.
This was after the firm raising $400,000 seed funding led by East Ventures.
Social Bread said in a statement on Tuesday that this round of funding is also participated by Living Lab Ventures.
It said that this fresh…
coocaa Unveils Its Newest Google TV in the Philippines with Promotions on Shopee and Lazada
MANILA, Philippines, March 28, 2023 /PRNewswire/ -- The newest generation of coocaa's Google TVs will be launched in the Philippines on 4th April 2023, allowing you to enjoy over 700,000 movies and TV series. Besides, compared to Android TV, this Z72 TV could provide you with a simplified, faster and smoother TV operation experience.
The boundless screen 4.0 and F-shaped curved design make the…
JD.com Unveils Canada National Pavilion, an Online Showcase of Premium Canadian Imports to Chinese Consumers
The Pavilion of Canada on JD Worldwide is supported by the Canadian Embassy to China, featuring the country's distinctive culture and premium imported products To date, nearly 50 countries have opened national pavilion online stores on JD.com Cross-border ecommerce with JD's supply chain solutions presents vast opportunities for brands across the globe to explore the Chinese market…
JD.com Unveils Canada National Pavilion, an Online Showcase of Premium Canadian Imports to Chinese Consumers
The Pavilion of Canada on JD Worldwide is supported by the Canadian Embassy to China, featuring the country's distinctive culture and premium imported products To date, nearly 50 countries have opened national pavilion online stores on JD.com Cross-border ecommerce with JD's supply chain solutions presents vast opportunities for brands across the globe to explore the Chinese market…
Shared Technologies, Localized Solutions, H3C Presented Innovative Scenario-Based Solutions at the ASLAN Congress & EXPO 2023 in Spain
MADRID, March 27, 2023 /PRNewswire/ -- The 30th ASLAN Congress & EXPO 2023, organized by the Spanish National Association of Technology Industries was held in Madrid, Spain. Themed "Shared Technologies, Localized Solutions", H3C continued its presence for the 2nd time at the event with key scenario-based solutions and latest products, demonstrating its unique capabilities to local end-users…
Staying ahead of the curve in AI innovation: A conversation with CUE Group Southeast Asia’s Managing Director Daniel Posavac [Q&A]
In this TechNode Global Q&A, we interview Daniel Posavac, Managing Director of CUE Group Southeast Asia, on how big data and AI can improve decision-making processes. Posavac discusses how AI technology can help discover outliers and missing values in big data and gives examples of how video AI technology can be customized to address different pain points for businesses or organizations…
Mystifly closes $8M in Pre Series B funding to expand operations in Singapore
Singapore-based travel technology company Mystifly, announced Friday it has closed $8 million in Pre Series B funding.
The funding was from Cornerstone Venture Partners (CSVP), along with earlier investments from RSI Fund I. LLC, a subsidiary of Recruit Co. Ltd., Jenfi and Crusade Partners, Mystifly said in a statement.
Mystifly aims to deploy these funds to expand its presence in…