The rise of synthetic consumers and the future of entrepreneurship
The rapidly evolving world of business and technology, a groundbreaking phenomenon, is reshaping the future of entrepreneurship—the rise of synthetic consumers. As artificial intelligence continues to evolve, so too does its application in consumer behavior. Today, synthetic consumers—AI-driven entities that simulate human purchasing behaviors—are playing a transformative role in how products are…
New Oriental to Report Fourth Quarter 2025 Financial Results on July 30, 2025
BEIJING, July 2, 2025 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced that it will report its financial results for the fourth quarter ended May 31, 2025, before the U.S. market opens on July 30, 2025. New Oriental's management will host an earnings…
Boqii Holding Limited Announces Update on Substitution Listing and 1-for-160 Reverse Split
SHANGHAI, July 2, 2025 /PRNewswire/ -- As Boqii Holding Limited ("Boqii" or the "Company") (NYSE American: BQ) previously announced, the Company plans to cease the listing of its American Depositary Shares (the "ADSs") on the NYSE American LLC ("AMEX") and list its Class A ordinary shares of a par value of US$0.16 each on a post-reverse stock split basis for trading on AMEX in substitution for…
CLO Virtual Fashion Acquires swatchbook, Solidifying Leadership in Digital Fabric Solutions
NEW YORK, July 1, 2025 /PRNewswire/ -- CLO Virtual Fashion, a global leader in 3D garment design and visualization technologies, is thrilled to announce its acquisition of swatchbook, an innovative digital materials solutions provider based in California. This major move positions CLO as the largest digital fabric database company in the world, enhancing the fabric content and design experience…
Total Economic Impact Study Finds Sumsub’s AML Transaction Monitoring Delivered a 272% ROI
Proven to achieve a breakeven for initial investment in less than six months, ensuring rapid recovery of compliance costs while optimizing efficiency gains
LONDON, July 1, 2025 /PRNewswire/ -- Sumsub, a global full-cycle verification platform, today announced the release of its commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The study aims to examine the…
Alibaba.com Launches Trade Assurance in India to Empower SMEs
NEW DELHI, June 30, 2025 /PRNewswire/ -- Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today announces the launch of its Trade Assurance service in India, marking a significant step in enhancing the trading experience for Indian small and medium-sized enterprises (SMEs). This service empowers them to manage international transactions with greater confidence,…
DHL and MIDA extend strategic partnership to support Malaysia’s position as leading logistics hub
US logistics firm DHL has reaffirmed its partnership with the Malaysian Investment Development Authority (MIDA) through a new memorandum of understanding (MOU) to support Malaysia’s position as leading logistics hub.
The duo said in a statement on last Thursday that under this agreement, all four DHL divisions operating in Malaysia — DHL Express, DHL Supply Chain, DHL Global Forwarding, and…
VidMage Launches Online AI Face Swap Tool for Photos and Videos, with Real-Time and Facial Feature Swapping on Mac
SINGAPORE, June 26, 2025 /PRNewswire/ -- VidMage has officially launched its next-generation AI face swap software, featuring a web-based platform for photos, videos, multi-face editing, and a Mac client VidMage Camera for real-time face swapping along with facial feature replacement. Both are designed to deliver high-quality, privacy-first face transformation experiences.
VidMage enables…
Malaysia’s 3cat raises Pre-Series A funding to scale omnichannel circular electronics platform
3cat, a Malaysian omnichannel platform for used electronics, has raised new funding in a Pre-Series A round to expand its retail network, build in-house repair operations, and accelerate digital platform growth across Southeast Asia.
The round was backed by The Radical Fund, AEON, and returning investors Iterative, TA Ventures, and TheVentures, 3cat said in a statement on Wednesday.
The…
POP MART connects with Southeast Asia’s Toy Collectors through Lazada
China-based toy company POP MART has connected with Southeast Asia’s Toy Collectors through e-commerce platform Lazada.
The duo said in a statement on Wednesday that with LazMall, POP MART is now reaching fans in a more direct and hyper-personalized way.
Since joining the platform in 2023, it has grown over fivefold to become one of LazMall’s fastest-growing toy brands, a testament to the…