BEST Inc. Announces Unaudited Third Quarter 2022 Financial Results
HANGZHOU, China, Nov. 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 third quarter ended September 30, 2022.
Johnny Chou, Founder, Chairman and CEO of BEST, commented, "Ongoing COVID-19…
SEA Group’s revenue up 17 percent year on year in 3Q
Singapore-based consumer internet company SEA Group announced Tuesday that the group's revenue rose 17.4 percent year on year to $3.2 billion in the third quarter ended September 30, 2022, as its e-commerce revenue surged.
SEA said in a statement the group's e-commerce revenue for the third quarter jumped 32.4 percent year on year to $1.9 billion.
Its total net loss stood at $569.3…
Thai startup Beam raises $2.5M seed funding led by Surge, Sequoia Capital India and Southeast Asia’s accelerator program
Beam, a Thailand-based payment firm, has on Wednesday raised $2.5 million in seed funding led by Surge, Sequoia Capital India and Southeast Asia’s rapid scale-up program, with participation from Partech Partners.
Beam said in a statement the new funds will enable the firm to expand its services in Thailand and across Southeast Asia, increase hiring and grow merchant acquisition.
“The…
China International Digital Economy Expo 2022 opens in Hebei
SHIJIAZHUANG, China, Nov. 16, 2022 /PRNewswire/ -- A report from Great Wall New Media:
China International Digital Economy Expo 2022 (CIDEE), an international expo on the digital economy kicked off on Wednesday in Shijiazhuang, the capital of north China's Hebei Province.
The three-day expo are scheduled to showcase, promote and exchange the latest cutting-edge international and domestic…
Diving into Huawei Mobile Services’ (HMS) Growth Over the Years and Appreciating Partners at Huawei Developer Day (APAC) 2022
KUALA LUMPUR, Malaysia, Nov. 16, 2022 /PRNewswire/ -- Huawei celebrated the successful conclusion of Huawei Developer Day, a one-day event held in Kuala Lumpur, where leaders expounded on the evolution and growth of the Huawei Mobile Services (HMS) ecosystem.
The programme was packed with insightful speakers' sharing, enlightening panel discussions and an HMS booth tour for participants to…
Singapore’s AnyMind gets approval for Japan listing
AnyMind Group, a Singapore-based end-to-end commerce enablement company, on Tuesday announced that the Tokyo Stock Exchange has approved the initial listing of the Company’s shares on the growth market of the Tokyo Stock Exchange.
The date of listing is scheduled to be December 15, AnyMind said in a statement.
"We would like to take this opportunity to express our sincere gratitude to all…
Singapore’s Web3Re Technologies launches curated metaverse ecosystem
Web3Re Technologies Pte Ltd, a Singapore-based blockchain-as-a-service (BAAS) solutions company, has launched the country’s first curated metaverse ecosystem - Goya Universe, premised on demonstrating how blockchain can be used for good.
“I believe we often hear about projects pledging a percentage of funds raised to charity or social impact causes. more often than not, however, information is…
KKR leads $48M Series C round in Indonesian digital trust provider Privy
KKR, a leading global investment firm, and Privy, a leading digital trust provider in Indonesia, announced Monday the signing of definitive agreements under which KKR will participate as the lead investor in the $48 million Series C funding round of Privy.
The round also saw participation from existing investors MDI Ventures, GGV Capital and Telkomsel Mitra Inovasi (TMI), and new investors…
ENTREPRENEUR UNIVERSE BRIGHT GROUP Announces 2022 Q3 Financial Results
XI'AN, China, Nov. 15, 2022 /PRNewswire/ -- ENTREPRENEUR UNIVERSE BRIGHT GROUP ("EUBG" or the "Company") (OTCBB: EUBG), a digital marketing consulting company, today announced its unaudited financial results for the third quarter ended September 30, 2022.
Mr. Guolin Tao, CEO of Entrepreneur Universe Bright Group commented, "During the third quarter, our business and operations continued to be…
CGTN: Digital economy becomes new growth engine for China and other G20 members
BEIJING, Nov. 15, 2022 /PRNewswire/ -- Three years into the COVID pandemic, the world economy, while facing mounting uncertainties and challenges, has undergone profound changes, with the digital evolution accelerated and the digital economy emerging as a new engine for economic recovery and growth.
The digital economy refers to a broad range of economic activities that include using digitized…