LightInTheBox Reports Third Quarter 2022 Financial Results

SINGAPORE, Nov. 25, 2022 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter and First Nine Months 2022 Financial Highlights Three Months Ended…

Meituan Announces Financial Results for the Three Months Ended September 30, 2022

HONG KONG, Nov. 25, 2022 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China, today announced the unaudited consolidated results of the Company for the three months ended September 30, 2022. Company Financial Highlights During the third quarter of 2022, our revenues increased by 28.2% to RMB62.6 billion from RMB48.8 billion for the same period…

DHLink and SHOPLINE Logistics Announce Cooperation to Jointly Develop Simplified and More Efficient Cross-border Logistics for All

BEIJING, Nov. 24, 2022 /PRNewswire/ -- DHLink, the smart logistics arm of DHGATE Group, officially announced its cooperation with SHOPLINE Logistics, an independent logistics expert of JOYY Group. By fully leveraging the advantages of direct mail channels, warehousing, and freight transportation on both sides, the collaboration will simplify the logistics process, eliminate connection problems,…

Accelerating Asia announces investments into ten startups for 7th cohort

Accelerating Asia, a Singapore-based venture capital accelerator focused on pre-Series A startups has invested in ten new companies from across Asia Pacific as part of its 7th cohort. Accelerating Asia said in a statement the new investments take the venture capital accelerator’s portfolio to 60 startups who have raised a total of over $50 million, with Cohort 7 having raised $5.2 million…

Philippine tech ecosystem remains resilient but faces talent issue, Gobi-Core report shows

While the Philippine tech ecosystem remains resilient amid global economic headwinds, the country’s talent pool must grow in tandem to support the birth and growth of local startups, according to the Gobi-Core State of Talent in Tech 2022 report revealed on Wednesday. “We will continue to see exponential growth in digital consumption as we move forward into a post-pandemic world. This will…

Quhuo Initiated its Overseas Expansion Efforts by Promoting the Partnership between oTMS with DSV Indonesia to Launch the International Version of Transport Management System in Southeast Asia

BEIJING, Nov. 23, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local community-centered services in China, has initiated its overseas expansion efforts by promoting the partnership between oTMS, an industry-leading shipping management platform and Quhuo's strategic investee, with DSV Indonesia, a global shipping services…

Leju to Report First Half 2022 Financial Results on November 30, 2022

BEIJING, Nov. 23, 2022 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading e-commerce and online media platform for real estate and home furnishing industries in China, today announced that it will report its unaudited financial results for the first half 2022 ended June 30, 2022 before the U.S. markets open on November 30, 2022. About Leju Leju Holdings…

DagangHalal’s ECF Effort Raises RM 3.8 million 24 Hours After Campaign Launch

KUALA LUMPUR, Malaysia, Nov. 23, 2022 /PRNewswire/ -- Thriving on DagangAsia Network Holding Sdn. Bhd.'s (DANH) success over the last decade and preparing for the expansion phase of its e-commerce platform DagangHalal.com, DANH launched an Equity Crowdfunding (ECF) campaign on November 22 via MyStartr, successfully raising RM 3.8 million just a day after launch with an end goal of RM 5 million.…

Revisiting the Terra crash: The cause and the impact it had

The recent FTX crash, which has seen over $150 billion wiped off the crypto market in a few days, brings back memories of another prominent crash, one which had far more serious consequences. Many retail investors lost their life savings. Also, a few businesses had to file for bankruptcy while others were liquidated. This piece seeks to examine what happened back in May leading up to the Terra…

Uncovering the trends of Growth Strategy for 2023: Roundtable Dinner With 30 Top Digital Leaders of Consumer-Facing Enterprises in Vietnam

HO CHI MINH CITY, Vietnam, Nov. 23, 2022 /PRNewswire/ -- Top 30 Digital Leaders in consumer-facing enterprises from banking, insurance, retails, e-commerce to financial services have gathered in an invite-only roundtable networking dinner at GEM Center co-hosted by Kyanon Digital, CleverTap and Talon.One - experts in marketing technology and growth strategy. The leaders were discussing Composable…