World Trade Center® Businesses Gather in Guadalajara, Mexico to Discuss Logistics in Latin America

Event focused on the exchange of ideas to strengthen global value chains in foreign trade NEW YORK, Oct. 12, 2022 /PRNewswire/ -- The World Trade Centers Association® (WTCA®) — a global network connecting over 300 World Trade Center® (WTC®) locations in nearly 100 countries — hosted World Trade Center businesses across Latin America for the "Point WTC Guadalajara 2022: Logistics Challenges in…

South Korea’s CLASSUM lands $11M pre-Series B funding led by Dunamu & Partners

South Korea-based CLASSUM, which powers an interactive learning platform for corporations and universities, has completed its $11 million pre-Series B funding. The investment was led by venture capital firm Dunamu & Partners with participation from Silicon Valley based Storm Ventures and Big Basin Capital, along with South Korean based VC Pearl Abyss Capital, CLASSUM said in a statement.…

Temu Expands Merchandise Selection to More Than 100 Product Categories to Cater to Diverse Customer Needs

NEW YORK, Oct. 12, 2022 /PRNewswire/ -- Temu, the online marketplace offering quality goods at hard-to-beat prices, is expanding its selection of merchandise to meet the wide-ranging needs of customers as it enters its second month of operation. Temu user browsing the mobile online marketplace app on her smartphone. Visitors to the Temu website (www.temu.com) and mobile apps can browse the…

AI-LINK Closes a New Strategic Round of Financing with Participation from AsiaInfo and Singtel Innov8

BEIJING, Oct. 12, 2022 /PRNewswire/ -- AI-LINK, a new digital infrastruture provider focused on industrial sites, recently announced the closing of a new strategic funding round led by AsiaInfo with participation from Singtel Innov8. The funds raised will be mainly used for product innovation and technology iteration, as well as rapid promotion and commercial deployment of new digital solutions…

Thailand’s Konvy raises $10M from Insignia Ventures

Thailand-based beauty e-commerce platform Konvy said Tuesday it has raised $10 million from Insignia Ventures Partners in a Series A round. Previously, Konvy had raised seed funding from Alpha Founders Capital and ECG Ventures Capital. The 10 year old company said in a statement that it raised institutional venture funding as it seeks to accelerate the expansion of its omnichannel and…

Appier finalizes acquisition of Woopra to create the next-gen, AI-powered Customer Data Platform

The new platform will enable enterprises to achieve the fastest time-to-insight with superior analytics and intuitive data visualization TOYKO, Oct. 11, 2022 /PRNewswire/ -- Appier (TSE: 4180), a leading artificial intelligence (AI) software-as-a-service (SaaS) company, today announced that it has completed the acquisition of Woopra, a U.S.-based customer journey analytics SaaS company that…

Airwallex sustains $5.5B valuation with $100M Series E extension

Airwallex, the Australia-based global fintech platform, announced Tuesday that it recently closed its Series E extension (Series E2) of $100 million with the same $5.5 billion valuation. Airwallex said in a statement it has secured more funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent.…

Global Sources show opens today in Hong Kong

Physical and virtual shows run in parallel to serve high sourcing demand HONG KONG, Oct. 11, 2022 /PRNewswire/ -- The Global Sources Hong Kong Show kicked off today at AsiaWorld-Expo. The four-day event features almost 1,000 exhibitors from Asia, bringing more than 20,000 cutting-edge and high-quality electronics and lifestyle and fashion products. As one of the largest professional sourcing…

Airwallex sustains US$5.5 bn valuation with US$100 mn Series E extension

MELBOURNE, Australia and HONG KONG, Oct. 11, 2022 /PRNewswire/ -- Airwallex, a leading global fintech platform, today announced that it recently closed its Series E extension ("Series E2") with the same US$5.5 billion valuation, and secured more funds from existing investors Square Peg, Salesforce Ventures, Sequoia Capital China, Lone Pine Capital, Hermitage Capital, 1835i Ventures and Tencent.…

How to beat the bots in 3 steps

It’s less than two months until Asia Pacific’s biggest shopping season begins, but consumers are not the only ones counting down. As the holy trinity of shopping festivals – Singles Day, Black Friday, and Cyber Monday – deliver a dramatic upsurge in online traffic, cybercriminals are gearing up for their own windfall in the form of advertising fraud. Like any seasonal holiday, retailers and…