NetEase Announces New Independent Director and Changes in Composition of Board Committees

HANGZHOU, China, June 30, 2022 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that its board of directors has appointed Ms. Grace Hui Tang as a new independent director, effective as of July 1, 2022. As a result of this appointment, the Company's board of directors will…

Indonesia’s Fresh Factory secures $4.5M seed funding led by East Ventures

Fresh Factory, an Indonesia-based integrated cold chain fulfillment and enabler startup, announced Monday that it has secured $4.5 million of seed funding led by East Ventures. The round also saw the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetia Dwidharma, Number Capital, Y Combinator, and angel investors, Fresh Factory said in a statement.……

Bangladesh’s ShopUp announces $65M follow-on round led by Peter Thiel’s Valar Ventures

ShopUp, Bangladesh’s largest full-stack B2B commerce platform, announced that it has raised a follow-on $65 million round led by Peter Thiel’s Valar Ventures. The company had previously completed a $109 million Series B six months ago, with participation from Valar Ventures, Tiger Global, Prosus Ventures, Flourish Ventures, Sequoia Capital, and Veon Ventures, the company said in a statement…

2C2P and Ikano Retail extend online localized payments for IKEA in Singapore, Malaysia, Philippines, Thailand

Global payments platform 2C2P announced on Tuesday that it had been appointed by IKEA franchisee Ikano Retail as its official payments partner to create a seamless and localized online payment experience for IKEA customers in Singapore, Malaysia, the Philippines, and Thailand. As the demand for accessible and secure digital payment options grows in Southeast Asia, 2C2P will enable IKEA’s…

The Inaugural GS1 HK Solution Day Concluded with Great Turnout

Showcase Highlights GS1 HK's 1QR, Digital Trade Financing and Smart Operations Solution HONG KONG, June 28, 2022 /PRNewswire/ -- Aimed to facilitate businesses' digital transformation and drive growth, the inaugural GS1 Hong Kong Solution Day was held today in HKPC Building that promotes adoption of a wide spectrum of digital and enterprise data services and solutions. Mr. Victor Lam, Government…

Proxtera launches SME Financial Empowerment (SFE) programme in Asia & Africa – More than 400k MSMEs to benefit from upskilling in digital financial literacy

SINGAPORE, June 28, 2022 /PRNewswire/ -- Proxtera, together with the Monetary Authority of Singapore (MAS), International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), has launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa. The SME Financial Empowerment (SFE) programme is a digital portal…

Vietnam’s VinaCapital Ventures takes stake in Web3 data analytics firm M3TA

VinaCapital Ventures, the Vietnam-based technology investment platform of VinaCapital Group, announced Monday that it has taken a stake in M3TA, a Web3 data analytics company that seeks to empower businesses in Web3 with the power of data. Details of the investment were not disclosed. “With dynamic and high-quality data, the doors are open for optimization, personalization, and strategies that…

Singaporean sneaker marketplace Novelship partners with TripleA to pay sellers in crypto

Novelship, a Singapore-based marketplace for limited-edition sneakers, streetwear, and collectibles, announced Monday the launch of its crypto payout feature. In partnership with TripleA, a crypto payment gateway licensed by the Monetary Authority of Singapore (MAS), sellers on Novelship can now opt to be paid with cryptocurrencies, Novelship said in a statement. According to the…

Society Pass launches universal, open-loop loyalty application targeted at the ‘Digital First’ Southeast Asia Region

Southeast Asia data-driven loyalty and e-commerce ecosystem Society Pass Incorporated (SoPa) (Nasdaq: SOPA) announced on Monday the launch of the beta version of its universal, open-loop loyalty application, Society Pass, to earn and redeem loyalty points, Society Points, endeavoring to create permanent customer loyalty and replace cash discounting while generating additional revenues for…

South Korea’s Klaytn partners with US’s OpenSea to spur growth in Asia

South Korea-based metaverse blockchain ecosystem Klaytn Foundation has joined forces with United States-based marketplace for non-fungible tokens (NFTs) OpenSea, to invest in the Asian NFT ecosystem. Klaytn said in a statement the partnership, which was announced at NFT.NYC, is the first-of-its-kind dedicated to accelerating the growth and adoption of NFTs in Asia. NFTs, which are unique…