SOUTH KOREA’S FIRST FULLY AUTOMATED MULTI-PRODUCT ORDER FULFILMENT DISTRIBUTION CENTRE FOR LOTTE CHILSUNG
SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ -- Dematic, a global leader in supply chain automation, has announced the successful deployment of an advanced integrated logistics solution at Lotte Chilsung Beverage's Bupyeong Logistics Centre. The installation marks a milestone for the region as the first fully automated, mixed case order fulfilment system in South Korea and the broader Asian…
Newborn Town Issues Positive Profit Alert for First-Half 2025: Adjusted Operating Profit Surpasses RMB 600 Million, while the Profit Attributable to the Company’s Equity Shareholders Increases over 108% YoY
HONG KONG, Aug. 6, 2025 /PRNewswire/ -- On August 6th, Newborn Town (9911.HK) released a positive profit alert for the first half of 2025. The Group achieved rapid revenue expansion alongside a substantial increase in profit, driven by the dual-engine growth of its social networking and innovative businesses.
For the six months ended June 30th, 2025, the Group's total revenue is estimated to…
Brandwatch and Trajaan Partner to Bring World-Class Search Intelligence to Consumer Insights
CHICAGO, Aug. 5, 2025 /PRNewswire/ -- Brandwatch, the leading digital consumer intelligence platform, today announced a strategic partnership with Trajaan, the global leader in search intelligence. This marks a significant expansion of Brandwatch's data capabilities, giving customers the ability to combine what the world is saying with what the world is searching for across channels, regions, and…
Uzum Secures $70M Equity Financing Led by Tencent and VR Capital, Reaches $1.5B Valuation
Funding to accelerate the expansion of Uzbekistan's leading fintech platform and e-commerce ecosystem
Uzum raises nearly $70 million in equity financing led by Tencent and VR Capital, with participation from FinSight Ventures
Uzum's valuation surges to ~$1.5 billion post-money, reflecting the company's rapid growth across fintech and e-commerce
Uzum Bank has emerged as the fastest-growing…
From Data to Decisions: Activeo and XEBO.ai Redefine Experience Management in APAC
SINGAPORE and KUALA LUMPUR, Malaysia, Aug. 5, 2025 /PRNewswire/ -- Activeo, a leading customer experience (CX) consultancy and system integrator, today announced a strategic partnership with XEBO.ai, a global pioneer in AI-powered Experience Management. The agreement positions Activeo as the exclusive reseller of XEBO.ai in Singapore and Malaysia, laying the foundation for smarter, faster, and…
Kamet Capital Leads Exclusive Series A Investment in AI Avatar Pioneer TopView
Kamet Capital backs industry-first AI avatar platform enabling digital humans to physically interact with products
SINGAPORE, Aug. 5, 2025 /PRNewswire/ -- Kamet Capital, a leading multi-single-family office headquartered in Singapore, has announced the completion of its exclusive Series A investment of USD 8.5 million into TopView.ai ("TopView"). The fast-rising AI-powered product content…
Kuaishou Technology to Report 2025 Second Quarter and Interim Financial Results on August 21, 2025
HONG KONG, Aug. 4, 2025 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated results for the second quarter and half year ended June 30, 2025, after the Hong Kong market closes on Thursday, August 21, 2025.
The…
Sea and OpenAI sign MOU to accelerate AI adoption in Southeast Asia
Singapore-based tech firm Sea Limited has announced the signing of a memorandum of understanding (MOU) with American artificial intelligence (AI) firm OpenAI to advance the use of AI across Southeast Asia.
Sea said in a statement on last Friday that the MOU focuses on making cutting-edge AI tools more accessible to consumers and small businesses in the region.
Building on the Operator…
TikTok Shop doubles global GMV in H1 with U.S. market hitting $5.8B: Momentum Works & Tabcut report
TikTok Shop doubled its global gross merchandise value (GMV) in the first half of 2025, with U.S. market hitting $5.8 billion, Momentum Works & Tabcut report showed last Friday.
The duo said in a statement that TikTok Shop’s global GMV hit $26.2 billion in the first half, and if the current pace of growth holds, the platform is on track to double its 2024 GMV of $33.2 billion by year-end.…
David Bang Appointed as Chief Executive Officer, Americas at LX Pantos
SEOUL, South Korea, Aug. 1, 2025 /PRNewswire/ -- LX Pantos, a leading global logistics company with end-to-end supply chain solutions—including freight forwarding, contract logistics, intermodal transportation, rail services and e-commerce Logistics—is pleased to announce the appointment of David Bang as Chief Executive Officer, Americas. With nearly 30 years of experience in logistics,…