Top 10 applications of Web3 that business enterprises can leverage
Today, we are witnessing the evolution of Web 3.0 which is a collection of concepts that describes the structure and functionality of the web of the future. While the precise form of the future web is by no means established, we are now midway between Web 2.0 and Web 3.0 eras.
However, a key difference between Web 3.0 and the previous versions is that Web 3.0 utilizes artificial Intelligence…
ANEXT Bank launches new industry initiative to scale financial inclusion for SMEs
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant Group, on Wednesday unveiled its latest initiative to drive further industry collaboration as part of its mission to enable effortless and inclusive financing for small and medium-sized enterprises (SMEs).
ANEXT Bank said in a statement the initiative aims to improve and scale embedded finance…
LovelyWholesale Opened Its Temu Store To Benefit More Customers
SHANGHAI, Nov. 4, 2022 /PRNewswire/ -- LovelyWholesale ("LW" or "the Company"), an international online shopping e-commerce clothing brand, launched its Temu store last week.
LovelyWholesale Temu store has 150+ styles to choose from, including matching sets, dresses, tops, jumpsuits, and jeans. The store received 38 shop reviews and a rate of 4.7 in the first three days. LovelyWholesale will…
Global Times: China-Pakistan ironclad ties consolidated; key CPEC projects to advance as ‘BRI, Chinese modernization benefit all’
BEIJING, Nov. 3, 2022 /PRNewswire/ -- Chinese President Xi Jinping on Wednesday held talks with visiting Pakistani Prime Minister Muhammad Shehbaz Sharif at the Great Hall of the People in Beijing, and Sharif is one of the world leaders that has visited China right after the conclusion of the 20th National Congress of the Communist Party of China (CPC).
China is ready to work with Pakistan to…
Blackbird raises Australia’s largest venture capital fund at over $640M
Australian venture capital firm Blackbird said Wednesday it has raised Australia’s largest venture capital fund at just over AUD$1 billion ($640 million) in committed capital.
The fund, consisting of a AUD$284 million ($180.77 million) core fund, AUD$668 million ($425.2 million) follow-on fund and NZ$75 million ($43.76 million) dedicated New Zealand fund, will help Blackbird deliver on its…
Yiren Digital Reports First Half 2022 Financial Results
BEIJING, Nov. 3, 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 six months ended June 30, 2022.
First Half 2022 Operational Highlights
Holistic Wealth Business
Cumulative number of clients served reached 2,970,548 as of June 30,…
GIC and ESR establish a US$600 million Joint Venture to invest in Core Industrial and Logistics Assets in India
The new Core JV provides focused capital for investments into core industrial and logistics assets in India
SINGAPORE, HONG KONG and MUMBAI, India, Nov. 3, 2022 /PRNewswire/ -- GIC and ESR Group Limited ("ESR"; SEHK Stock Code: 1821) announced, today, an 80:20 strategic partnership to establish a US$600 million joint venture ("Core JV") to acquire income-producing core industrial and logistics…
Leading Australian Kitchen Business Launches 3D Room Planner with 3D Cloud by Marxent
The new partnership between 3D Cloud™ by Marxent and Australia's Kinsman Kitchens and Wardrobes launches with a fun twist on Australia's #1 renovation reality TV show.
ST. PETERSBURG, Fla., Nov. 3, 2022 /PRNewswire/ -- Today 3D Cloud™ by Marxent, the 3D experience platform for furniture and home improvement, announced a partnership with Kinsman, a leading Australian manufacturer and retailer of…
CGTN：China, Pakistan vow to inject new impetus into all-weather strategic cooperative partnership
BEIJING, Nov. 3, 2022 /PRNewswire/ -- China and Pakistan on Wednesday vowed to make joint efforts in elevating the level of all-round strategic cooperation and inject new impetus into their all-weather strategic cooperative partnership.
 
Chinese President Xi Jinping said that Pakistan has always been a high priority in China's neighborhood diplomacy when meeting with…
Igloo launches blockchain-based weather index insurance for rice farmers in Vietnam
Singapore-based insurtech Igloo, in partnership with PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and international reinsurer SCOR, on Tuesday launched the country’s first weather index insurance - a blockchain-based parametric index insurance product that automates insurance claims of rice farmers.
Igloo said in a statement with underwriting support from PVI…