Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia
Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.
Both companies will also collaborate on impact initiatives to accelerate digital skilling for…
Taiwan’s TenMax opens new office in Indonesia to grow Southeast Asia footprint
Taiwan-based artificial intelligence (AI) marketing technology (MarTech) firm TenMax, announced Wednesday the opening of TenMax Indonesia, the company’s fifth regional office in Asia after Taiwan, Vietnam, Malaysia, and Japan.
TenMax said in a statement that it plans to bring its full line-up of proprietary AI ad-targeting and martech solutions to the Indonesian market.
Leading the new…
Sea Limited net loss widens in second quarter
Singapore-based consumer internet firm Sea Ltd said Tuesday that its net loss in the second quarter has widened to $931.2 million from $433.7 million a year ago, amid higher expenses.
The group said in a statement that its total net loss excluding share-based compensation and impairment of goodwill in the second quarter increased to $569.8 million from $321.2 million a year ago.
Its total…
US-based Eat Just secures $25M investment from Alibaba-backed C2 Capital
Eat Just, Inc., a United States-based food technology firm, announced Tuesday a $25 million investment and strategic partnership with Alibaba Group-backed private equity firm C2 Capital Partners (C2).
Eat Just said in a statement that the deal is C2’s first investment and partnership in the alternative protein sector and the relationship is currently supporting Eat Just’s go-to-market…
Yunji to Report Second Quarter 2022 Financial Results on August 25, 2022
HANGZHOU, China, Aug. 17, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to release its second quarter 2022 financial results before the market opens on Thursday, August 25, 2022. The earnings release will be available on the Company's investor relations website at…
BEST Inc. Announces Unaudited Second Quarter 2022 Financial Results
HANGZHOU, China, Aug. 17, 2022 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia ("SEA"), today announced its unaudited financial results for the second quarter ended June 30, 2022.
Johnny Chou, Founder, Chairman and CEO of BEST, commented, "The impact of the COVID-19…
Akso Health Group Receives Notice of Filing Delinquency From Nasdaq
BEIJING, Aug. 17, 2022 /PRNewswire/ -- Akso Health Group. (NASDAQ: AHG) ("Akso Health" the "Company" or "we"), today announced that the Company received a written notification (the "Notification") from the Nasdaq Stock Market LLC ("Nasdaq") on August 16, 2022, indicating the Company is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rules 5250(c)(1)…
Xinhua Silk Road: Peach farmers in E. China’s Mengyin embrace peachy lives
BEIJING, Aug. 17, 2022 /PRNewswire/ -- With the flourishing peach industry, local farmers in Menyin County in east China's Shandong Province enjoy both the sweet peach aroma and handsome incomes during the summertime.
Photo shows that two farmers harvest Mengyin peaches in Mengyin County, Shandong province.
Boasting favorable geographic conditions, Mengyin has dedicated to peach industry…
Bestfair reaches 22,000 monthly active users
MANILA, Philippines, Aug. 16, 2022 /PRNewswire/ -- Bestfair announced it now reaches 22,000 monthly active users, which is great progress made since its establishment and a promising development trend. It was officially established in 2022 and is committed to becoming a world-renowned cross-border e-commerce platform.
Bestfair e-commerce platform has rich product categories, which meet shopping…
ENTREPRENEUR UNIVERSE BRIGHT GROUP Announces 2022 Q2 Financial Results
XI'AN, China, Aug. 16, 2022 /PRNewswire/ -- ENTREPRENEUR UNIVERSE BRIGHT GROUP ("EUBG" or the "Company") (OTCBB: EUBG), a digital marketing consulting company, announced its unaudited financial results for the second quarter ended June 30, 2022.
Mr. Guolin Tao, CEO of Entrepreneur Universe Bright Group commented, "Due to the government measures taken to contain COVID-19, the offline activities of…