Maybank reduces Sea’s FY26-27 adjusted EBITDA estimates by 8 to 10 percent on lower margin assumptions
Maybank Investment Bank has reduced Singapore-based tech giant Sea's FY26-27 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) estimates by 8 percent to 10 percent on lower margin assumptions.
The research house said in a note on Wednesday that in the fourth quarter of 2025, Sea sustained strong growth momentum, with Shopee gross merchandise value (GMV) and…
AI-Powered Growth Lifts Newborn Town’s 2025 Net Profit Attributable to Owners by Over 87% YoY
HONG KONG, March 4, 2026 /PRNewswire/ -- Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, issued a positive profit alert for the year ended December 31, 2025, reporting solid revenue growth and a significant increase in profits.
For the twelve months ended December 31, 2025, total revenue is expected to range between RMB6,760…
Dotdigital Group plc acquires Alia Software Inc. to power smarter audience growth and accelerate Shopify expansion
The acquisition adds high-growth, AI-driven web conversion solutions to Dotdigital's existing customer experience and data platform (CXDP); unlocking cross-sell opportunities and expanding recurring revenue.
LONDON, March 4, 2026 /PRNewswire/ -- Dotdigital Group plc (AIM: DOTD), a leading provider of an AI-powered customer experience and data platform (CXDP) for intelligent, personalised…
Dingdong Announces Change in CEO
SHANGHAI, March 4, 2026 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced the resignation of Mr. Changlin Liang as Chief Executive Officer of the Company and the appointment of Mr. Song Wang as the new Chief Executive Officer of the Company, concurrently…
Dingdong (Cayman) Limited Announces Fourth Quarter 2025 Financial Results
SHANGHAI, March 4, 2026 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended December 31, 2025.
Fourth Quarter 2025 Highlights:
GMV for the fourth quarter of 2025 increased by 2.4% year over year to…
Malaysia’s Carsome delivers $23M EBITDA in FY2025, 16% gross profit growth
CARSOME Group Inc. reported FY2025 EBITDA of $23 million, more than doubling year-on-year, reflecting continued margin expansion and cost discipline across its core markets.
The Southeast Asian integrated car e-commerce player reported a 16 percent increase in gross profit, while gross profit per unit (GPU) rose 22 percent year-on-year to a record high, underscoring stronger unit economics and…
India-based Fynd enters Indonesia, to boost AI retail transformation
India-based retail technology firm Fynd has entered the Indonesian market, expanding its Southeast Asia footprint as it seeks to capitalize on the country’s rapidly growing digital economy.
The move positions the Mumbai-based company to tap into Indonesia’s rapidly expanding digital economy, projected to surpass $130 billion by 2025. As the largest e-commerce market in Southeast Asia,…
TOKYO ELECTRON DEVICE AMERICA’s Warehouse DX Solution “HAKO-FLO(R)” Adopted by Yusen Logistics (Americas) Inc.
TOKYO, March 3, 2026 /PRNewswire/ -- Tokyo Electron Device Ltd. (hereafter TED), headquartered in Tokyo, announces that its U.S. subsidiary, TOKYO ELECTRON DEVICE AMERICA, INC. (hereafter TEDAI), has provided its warehouse DX solution "HAKO-FLO(R)" to Yusen Logistics (Americas) Inc. (hereafter YLA). The solution has contributed to greater operational efficiency at YLA's Chicago warehouse by…
Cellebrite Completes Acquisition of Drone Forensics Leader SCG Canada, Inc.
Addition of Unmanned Aerial Vehicle (UAV) forensic capabilities extends Cellebrite's AI-powered platform to one of the fastest-growing data sources in defense and public safety
TYSONS CORNER, Va. and PETAH TIKVA, Israel, March 2, 2026 /PRNewswire/ -- Cellebrite (NASDAQ: CLBT), a global leader in AI-powered Digital Investigative and Intelligence solutions for the public and private sectors, closed…
Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One
YIWU, China, March 2, 2026 /PRNewswire/ -- The Yiwu International Trade City resumed operations on February 28, following the Lunar New Year holiday, with 80,000 shops welcoming buyers from around the world.
Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One
At 8:00 a.m., nine major markets opened simultaneously, including the Global Digital Trade Center;…