LightInTheBox Reports Second Quarter 2022 Financial Results

SHANGHAI, Sept. 6, 2022 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter and First Half 2022 Financial Highlights Three Months Ended Year-over-…

Qudian Inc. Reports Second Quarter 2022 Unaudited Financial Results

XIAMEN, China, Sept. 6, 2022 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended June 30, 2022.  Second Quarter 2022 Operational Highlights: Number of outstanding borrowers from loan book business as of June 30, 2022 decreased by 6.7% to 2.4 million…

India’s burgeoning economy goes full steam ahead, fuelling higher salaries for in-demand talent

Accelerated hiring of technology-savvy talent to steer the country's economy forward is driving up salaries across various sectors, as a new report released by RGF International Recruitment shows. NEW DELHI, Sept. 6, 2022 /PRNewswire/ -- India Inc is booming, but it has to surmount challenges pertinent to the continuation of its stellar economic performance  – how best to attract and retain…

Tencent Cloud Wins Three Major Awards at the Asian Technology Excellence Awards 2022

Recognition given to Tencent Cloud for its work empowering major organizations in Indonesia, Thailand and the Philippines HONG KONG, Sept. 6, 2022 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology company Tencent, has won three major awards at the recently held Asian Technology Excellence Awards 2022 in recognition of its excellent cloud services and infrastructure…

Singapore’s Eezee raises $7.5M Series A round led by Ayala’s VC arm

Singapore-based procurement start-up Eezee revealed Monday that it has raised $7.5 million in its Series A round. The round was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and its business units, Eezee said in a statement. Previous investors, Insignia Ventures, Wavemaker…

Bukalapak and Standard Chartered launch digital banking service in Indonesia

Indonesia e-commerce firm Bukalapak and global bank Standard Chartered have officially launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a banking-as-a-service (BaaS) solution powered by Standard Chartered. This follows from an earlier announcement on their strategic partnership to launch innovative…

Boqii Announces Senior Management Change

SHANGHAI, Sept. 5, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced that Mr. Kai Fang has resigned from his position as the Company's Chief Strategy Officer and all his roles as a director or an officer of the applicable affiliates of the Company due to personal reasons. Mr. Kai Fang has served as the…

JDDJ at CIFTIS: On-demand retail in action to assist real economy and boost consumption

BEIJING, Sept. 5, 2022 /PRNewswire/ -- As the only on-demand retail industry representative at the New Digital Consumption Forum of the China International Fair for Trade in Services (CIFTIS) in Beijing this year, General Manager of JDDJ Mr. Changming Li gave a speech to discuss how JDDJ supports real economy and boosts consumption as an on-demand retail platform. Changming Li, General Manager…

Rethink customer experience in a digital-first world with intelligent data management

Asia Pacific’s e-commerce sector has witnessed astronomical growth in recent years - since the start of the pandemic, an estimated 70 million more people have begun shopping online in just six Southeast Asian countries alone. As we grow accustomed to new ways of work and play, it’s increasingly clear that some preferences have changed for good. For example, consulting firm PWC found that…

Joy Spreader Announces 2022 Interim Results: Its Diversified Business Strategy Continues to Solidify Fundamentals

BEIJING, Sep. 2, 2022 /PRNewswire/ -- Joy Spreader Group Inc. (HKG:6988, "the Group", "Joy Spreader"), a leading marketing technology company listed in Hong Kong, announced its interim results for the fiscal year 2022 on August 31. According to the report, the Group maintained robust business growth in the first half of 2022, with a revenue of HK$1.367 billion, almost matching the revenue of…