Ashita Group Secures USD 155M in Growth Capital from CPFam-LDA Asia Growth Fund and AEI Capital Group to Fuel Regional E-Commerce and Social Commerce Expansion Post-Listing
KUALA LUMPUR, Malaysia, May 22, 2025 /PRNewswire/ -- Ashita Group, a rising leader in the B2B2C, e-commerce, and social commerce sectors, proudly announces a transformative commitment of growth capital investment up to USD 155 million by CPFam-LDA Asia Growth Fund and AEI Capital Group into Ashita Group, as it is gearing towards its upcoming public listing. This milestone follows a recent…
Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030
Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay Global Payments Report (GPR).
According to the report, digital wallets accounted for over half (53 percent) of global ecommerce…
Abracon Launches E-Commerce Capability on Abracon.com for Seamless Online Purchasing
AUSTIN, Texas, May 16, 2025 /PRNewswire/ -- Abracon, a leader in frequency control, timing, power, magnetics, RF and antenna solutions, is proud to announce the launch of their new E-Commerce capability on their website, enabling customers to purchase products directly from www.abracon.com.
This marks a new standard for convenience in their mission to deliver faster, more personalized experiences…
IMA E-COMMERCE Partners with Cognex for Sustainable and Efficient Order Fulfillment
Partnership leverages AI vision systems and barcode readers
NATICK, Mass., May 15, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced IMA E-COMMERCE, part of the IMA Group, is enhancing order fulfillment efficiency and sustainability with Cognex's advanced In-Sight® vision systems and DataMan® barcode readers.
A Cognex…
PayPal Complete Payments Launches for Singapore Businesses to Double Down on E-commerce Growth
Globally, card processing through PayPal Complete Payments can help increase authorization rates by an average of 4.7 percentage points for businesses.
The solution will power businesses to boost customer conversions, drive revenue growth and streamline operations, all while enhancing fraud protection.
SINGAPORE, May 15, 2025 /PRNewswire/ -- PayPal Complete Payments is now available for all…
Sea’s revenue jumps 29.6 percent amid strong e-commerce sales
Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.
The firm said in a statement on Tuesday that it achieved a total net income of $410.8 million for the quarter, as compared to total net loss of $23 million a year ago.
The firm's total adjusted earnings before interest,…
Huawei Malaysia forms AI collaborations with local players to power e-commerce, logistics and smart government services in Malaysia
Huawei Malaysia has formed artificial intelligence (AI) collaborations with local players to power e-commerce, logistics and smart government services in Malaysia.
The firm said in a statement on last Friday that four new strategic partnerships leveraging AI, cloud computing and next-generation digital infrastructure will assist in driving Malaysia’s digital innovation and ecosystem growth…
Shoplazza Launches Upgraded Payment Solution to Boost Global E-Commerce Conversion Rates
NEW YORK, April 3, 2025 /PRNewswire/ -- Shoplazza, a leading global e-commerce SaaS platform, has introduced an upgraded payment solution that helps merchants streamline checkout experiences, reduce cart abandonment, and accelerate growth in international markets. The enhanced solution includes broader payment method coverage, seamless integration capabilities, and Shoplazza's proprietary…
Synagistics and HKT Unveil ShopHK: Empowering Hong Kong SMEs and Enterprises To Target Southeast Asia’s Thriving E-commerce Market
Tapping Southeast Asia's USD 600 Billion E-Commerce Boom: Southeast Asia's e-commerce market is projected to reach USD 295 billion in 2025 and on track to hit USD 600 billion by 2030, creating significant opportunities for Hong Kong brands seeking international expansion.
AI-Powered, Seamless Cross-Border Solutions: ShopHK, www.synagie.com/shophk combines AI-powered Synagie's SaaS and CaaS tech,…
TutorABC Expands Leadership Team to Drive Global Growth in Language Learning and Livestreaming E-Commerce Innovation
TAIPEI, March 30, 2025 /PRNewswire/ -- TutorABC, a global leader in online education and live-streaming e-commerce, has appointed George Loup and Maximilian Corbet Smith as Directors of Business Development to lead strategic global expansion. George will oversee language learning and corporate training solutions, while Maximilian will spearhead the global licensing of TutorABCShop.com, the…