GoTo’s 2Q revenue up 45 percent to $370.38M
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday its gross revenue for the second quarter of 2022 increased by 45 percent year on year to Rp5.5 trillion ($370.38 million), driven by its ongoing monetization efforts.
The group said in a statement, its ongoing monetization efforts included updated merchant commissions for e-commerce, improved food…
Wix Partners with TripleA to enable Wix business owners to accept cryptocurrency payments
TripleA, a licensed crypto payment gateway in Singapore, on Wednesday announced the launch of their partnership with Wix, a United States-listed global software as a service (SaaS) platform to create, manage, and grow an online presence.
TripleA said in a statement that this partnership allows Wix merchants to accept cryptocurrency payments via a simple plugin, without worrying about holding…
Quhuo Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement
BEIJING, Aug. 31, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading tech-enabled workforce operational solution platform in China today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated August 29, 2022, informing the Company that it has…
CommsEase Unveils an Integrated One-On-One Social and Entertainment Solution to the World
HANGZHOU, China, Aug. 31, 2022 /PRNewswire/ -- CommsEase, the leading cloud communications service provider, has introduced its integrated, scalable and multifunctional one-on-one social and entertainment solution to help developers with quick and reliable product and service launches.
In the face of fierce market competition, the key to survival and growth for social and entertainment companies…
Yiren Digital Reports Fourth Quarter and Fiscal Year 2021 Financial Results
BEIJING, Aug. 31, 2022 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2021.
Fourth Quarter 2021 and Fiscal Year 2021 Operational Highlights
Wealth Management
Cumulative number of…
CCV Managing Partner: Metaverse is about Creation
BEIJING, Aug. 30, 2022 /PRNewswire/ -- Investors at China Creation Ventures (CCV), a leading venture capital fund in China, are optimistic about the future of the metaverse.
"The metaverse will be a space where anyone can create their own games, shows, and artwork and build their own social networking ties and virtual lives," said Zhou Wei, managing partner of CCV and former China head of Kleiner…
Zhihu Inc. Reports Second Quarter and First Half 2022 Unaudited Financial Results
BEIJING, Aug. 30, 2022 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), the operator of Zhihu, a leading online content community in China, today announced its unaudited financial results for the three months and six months ended June 30, 2022.
Second Quarter 2022 Highlights
Total revenues were RMB836.0 million (US$124.8 million) in the second quarter of 2022,…
LightInTheBox to Report Second Quarter 2022 Financial Results on Tuesday, September 6, 2022
SHANGHAI, Aug. 30, 2022 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce company that delivers products directly to consumers around the world, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2022 before the open of U.S. markets on Tuesday, September 6, 2022.…
Indonesia and Singapore to pursue cross-border QR code payments connectivity
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) announced Monday the commencement of work on a cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort.
This linkage, which is targeted to be launched in the second half of 2023, will allow users to make instant, secure, and efficient retail payments by scanning the…
The rise of Web3: Asia Pacific expected to grow at fastest rate
Editor’s note: In line with the rapid growth and interest in Web3, TechNode Global has introduced the “Web3 Disruptors”, under The Startup Leader of The Year category in the third edition of ORIGIN Innovation Awards. Nomination will be closed soon. Check it out here.
In an article published in June, The New York Times explained that “Web3” as a term some technologists use to describe the…