Airwallex partners with American Express for merchant payments acceptance
Australia-based global fintech Airwallex has on Tuesday announced the launch of a partnership with American Express, allowing Airwallex customers to accept American Express Cards as a payment method.
Airwallex said in a statement that its customers in Australia, Hong Kong, Singapore and the United Kingdom will now be able to accept American Express Card payments from around the world through…
New Oriental Announces Results for the Second Fiscal Quarter Ended November 30, 2022
BEIJING, Jan. 17, 2023 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the second fiscal quarter ended November 30, 2022, which is the second quarter of New Oriental's fiscal year 2023.
Financial Highlights for the…
Temu Empowers Shoppers With Headstart to Affordable Valentine’s Day Shopping
BOSTON, Jan. 17, 2023 /PRNewswire/ -- It's never too early to start shopping for Valentine's Day. Temu, the online marketplace empowering consumers to live their best lives, is making it easy for shoppers to find the perfect gifts for their loved ones with a wide range of Valentine's Day deals.
Temu offers affordable Valentine's Day shopping
Enjoy Valentine's Day shopping with Temu's wide…
Malaysia’s GHL enables Paylater by Grab for in-store purchase
Malaysian payment services provider GHL Systems Berhad (GHL) has expanded its partnership with Grab Malaysia, rolling out PayLater by Grab for its in-store merchants.
GHL said in a statement on Monday that PayLater by Grab gives consumers the flexibility of making payment in the following month or in four monthly instalments, with 0 percent interest.
GHL first announced the enablement of…
Singapore’s logistics firm Locad raises $11M Series A funding led by Reefknot Investments
Singapore-based logistics firm Locad has on Monday announced it has raised an $11 million Series A funding round led by Reefknot Investments, a fund anchored by Temasek and logistics powerhouse Kuehne & Nagel.
The series A funding round also saw participation from returning investors Sequoia India and Southeast Asia’s Surge, Febe Ventures, Antler, as well as new investors Access Ventures,…
Singapore’s The GrowHub uses technology to improve experience of “farm to fork” [Q&A]
The GrowHub Innovations Company (The GrowHub), a one-stop farm-to-table solution firm for food traceability and data analytics, seeks to use technology to address three key challenges in food safety and security which include imitation, false claims, and the use of fake ingredients.
The Singapore-based Agri-tech firm said it is Asia Pacific’s only Web3-enabled technology plug-and-play…
Marketing strategies for getting into the Metaverse
The Metaverse is elevating virtual experiences and giving businesses new, creative opportunities to connect with customers.
Metaverses are invading the internet, and numerous companies, including Microsoft, Nike, Apple, and Coca-Cola, are implementing this cutting-edge technology. According to Bloomberg analysts, by 2024, the market for the Metaverse will be worth close to $800 billion.
The…
Malaysia’s Carsome bolsters Indonesian operations via Electrum partnership and Nusantara expansion
Malaysia-based integrated car e-commerce platform Carsome is bolstering its Indonesian operations via partnership with Indonesian electric vehicle (EV) firm Electrum and has committed to investing in expanding its business in the nation’s planned Nusantara capital.
Carsome said in a statement on Tuesday that it is joining forces with Indonesia-based Electrum to further accelerate two-wheeler…
Hong Kong’s Jumppoint raises $6.5M Series A funding led by MindWorks Capital
Jumppoint, the Hong Kong-based digital integrated logistics platform, has completed a successful Series A funding round, raising $6.5 million led by MindWorks Capital.
The round also saw participation from Headline Asia, Chinachem Group, Philip Kuai, the founder of Dada Nexus, the leading local delivery platform in China and the Innovation and Technology Venture Fund of the Hong Kong SAR…
Yunji Announces Receipt of Nasdaq Notice
HANGZHOU, China, Jan. 12, 2023 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated January 11, 2023, indicating that because the closing bid price of the Company's…