Japan’s Softbank considers launching third Vision Fund – report
Japan-based tech investor SoftBank Group Corp is said to be considering the launch of a new giant startup fund, the Wall Street Journal reported on Wednesday, quoting people familiar with discussions at the company.
Softbank would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, the people reportedly said. The size of the new fund…
Boqii Announces Fiscal 2023 First Quarter Unaudited Financial Results
First Quarter Revenues of RMB 315.1 million
First Quarter GMV of RMB 731.5 million
SHANGHAI, Sept. 15, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced its unaudited financial results for the first quarter of fiscal year 2023 (the quarter ended June 30, 2022).
Fiscal Q1 2023 Operational and Financial…
Indonesia insurtech PasarPolis partners Shopee for SEA expansion
Indonesia-based insurtech PasarPolis has partnered with e-commerce giant Shopee to provide affordable and accessible insurance for customers across Indonesia, Thailand, and Vietnam.
With expansion plans across Southeast Asia, PasarPolis currently has partnerships with over 50 insurance providers and digital giants including Gojek, IKEA, Xiaomi, and more, PasarPolis said in a statement.…
Nasdaq-listed PDD Sister Company Temu Launches Global Online Marketplace in US
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Temu announced the grand opening of its global online shopping marketplace, featuring the widest selection of merchandise at hard-to-beat prices.
A screenshot of Temu's homepage advertising sitewide discounts and free shipping and returns
Temu was created with the goal of empowering consumers by giving them access to a broad range of carefully…
Power Commerce Asia & Susu Irfan Expand Market South East Asia in MIHAS 2022.
KUALA LUMPUR, Malaysia, Sept. 13, 2022 /PRNewswire/ -- PT Mitra Semeru Indonesia (Power Commerce Asia) will be exchanging MOU document with World Marketing Work Sdn Bhd (Susu Irfan) to officiate Susu Irfan MY penetration to Indonesian market via collaboration with Power Commerce Asia at MIHAS 2022,Sep 7, 2022
Mr. Azman Ilyas, Head of SEA Regional Expansion from Power Commerce Asia, Indonesia…
Joy Spreader Further Expands Globally with R&D Investment Increasing 55% During First Half of 2022
BEIJING, Sept. 13, 2022 /PRNewswire/ -- On August 31, 2022, Joy Spreader Group Inc. (HKG:6988, "the Group", "Joy Spreader"), a leading marketing technology company listed in Hong Kong, announced its interim results for 2022. The Group's R&D expenses showed a YoY gain of 54.78% to HK$46.28 million during the first half of 2022.
The Group's R&D expenses for international e-commerce business…
FTFT’s Future FinTech Labs Partners with Currencycloud to Launch the Low-Cost Remittance App Tempo
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and fintech service provider, announced that Future FinTech Labs ("FTFT Labs"), a wholly subsidiary of the Company, has teamed up with Currency Cloud Inc. ("Currencycloud"), a subsidiary of Visa and…
ENTREPRENEUR UNIVERSE BRIGHT GROUP Announces Change of Auditor to Prager Metis CPAs, LLC
XI'AN, China, Sept. 10, 2022 /PRNewswire/ -- ENTREPRENEUR UNIVERSE BRIGHT GROUP ("EUBG" or the "Company") (OTCBB: EUBG), a digital marketing consulting company, announced that it has changed its auditors from Centurion ZD CPA & Co. ("CZD" or "Former Auditor") to Prager Metis CPAs, LLC ("PragerMetis" or "Successor Auditor") effective September 7, 2022.
On September 7, 2022, Entrepreneur…
Yiwugo in the Eyes of Foreign Merchants in Yiwu
YIWU, China, Sept. 9, 2022 /PRNewswire/ -- Yiwugo.com is the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world. 2022 marks the 10th anniversary of Yiwugo since it was officially put into operation. Over the decade, the platform has always valued its credibility, constantly adjusted its pace of development, and consolidated its…
Y Combinator-backed Philippine startup Shipmates raises $2.2M to grow shipping platform
Shipmates, Philippine-based shipping platform backed by Y Combinator and Iterative, announced Thursday that it had raised $2.2 million in a seed funding round.
The seed round was participated by Cathexis Ventures, Wavemaker Partners, Taurus Ventures, Capital X, Sketchnote Partners and other prominent investors, Shipmates said in a statement.
The company plans to scale its platform to be…