CLO Virtual Fashion Announces the Acquisition of GoVise Technologies

SEOUL, South Korea, Oct. 4, 2022 /PRNewswire/ -- CLO Virtual Fashion, a leading fashion technology provider, today announced it has acquired an India-based fashion consulting firm GoVise Technologies. The acquisition will accelerate the company's R&D competitiveness to improve its products and provide more user-friendly service to the clients. CLO Virtual Fashion Announces the Acquisition of…

Huawei Cloud to Launch the Indonesia Region

JAKARTA, Indonesia, Oct. 3, 2022 /PRNewswire/ -- The first Huawei Cloud Indonesia Summit kicked off in Jakarta today. Themed "Building the Cloud Foundation for an Intelligent Indonesia", this Summit invites local industry leaders, experts, partners, and the media to exchange ideas on promoting the digital economy and building a robust digital ecosystem. At the event, Huawei Cloud announced that a…

Chinese Hot-Water Bags Sweep Europe Merchants from Yiwugo Get Busy with Orders

YIWU, China, Oct. 1, 2022 /PRNewswire/ -- Yiwu is the world's capital of commodities, Yiwugo.com is the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world. Yiwugo hosts 50,000 merchants and 10 million registered buyers, 10% of whom are overseas buyers. It has 800,000 daily average visits and a daily average PV of 15 million. According to…

How the right technology can sustain the B2B commerce momentum in Asia

Dubbed in some circles as the ‘great accelerator’, the COVID-19 pandemic has catalyzed a global technological shift across sectors – including within business-to-business (B2B) commerce, which saw many companies turning to e-commerce to survive. However, B2B is a different beast from business-to-consumer (B2C). Where many purely digital B2C companies are thriving, B2B companies and customers…

The 132nd Canton Fair to open online on October 15 featuring larger scale and upgraded services

GUANGZHOU, China, Sept. 30, 2022 /PRNewswire/ -- The 132nd China Import and Export Fair, also known as the Canton Fair, will open virtually on October 15, 2022. To better serve global buyers, the latest edition of Canton Fair will expand the scope of exhibitors, open for longer time and enrich online functions. Leveraging its updated online exhibition and services, the show will provide a…

Asia Innovations Group, a Leading Mobile Social Platform in Emerging Markets, to Become a Publicly Listed Company Through Merger with Magnum Opus Acquisition Limited (NYSE: OPA)

Largest Consumer Internet SPAC Merger announced YTD in 2022 SINGAPORE and NEW YORK, Sept. 30, 2022 /PRNewswire/ -- Asia Innovations Group Limited ("ASIG" or the "Company") today announced that it has entered into a definitive merger agreement (the "Merger Agreement") with Magnum Opus Acquisition Limited (NYSE: OPA) ("OPA"), a special purpose acquisition company. The proposed business combination…

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Singapore-based used car marketplace Carro, which announced its expansion into Japan last week, sees many opportunities in the country as the Japan’s used car market size is double of the one in Southeast Asia, its top executive said. “Actually Japan's used car market size is said to be double (around $5-6 million annual) of the whole of Southeast Asia,” Carro Chief Strategy Officer Kenji…

BRV China Holds Singapore Explorer Day at SMU

Brings Together Leading Entrepreneurial Minds Across China, Southeast Asia, North America SINGAPORE, Sept. 29, 2022 /PRNewswire/ -- BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, yesterday hosted Explorer Day in Singapore in collaboration with the Institute of Innovation & Entrepreneurship of Singapore Management University and SGInnovate, a…

Singapore’s Una Brands raises $30M Series B funding for category and regional expansion

Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by White Star Capital and Alpha JWC Ventures. Una Brands said in a statement the fresh funding proceeds will be used to double down and fund acquisitions of high-quality e-commerce brands across key categories such as home…