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…

Shoplazza Named Finalist for “Fastest Growing Company” at the 2024 CanadianSME Small Business Awards

TORONTO, June 25, 2025 /PRNewswire/ -- Shoplazza, a leading Canadian e-commerce platform, has been named a finalist for "Fastest Growing Company" at the 2024 CanadianSME Small Business Awards, a national program that celebrates the innovation and impact of Canada's small and medium-sized businesses. Presented by CanadianSME Small Business Magazine, the annual awards recognize the dedication and…

Four in Five iGaming Operators Faced Increased Fraud in the Past Year – Sumsub Global Report

83% of iGaming operators have experienced fraud in the past year Latin America saw the steepest fraud rise (32% increase), while Africa recorded the biggest drop Deposit stage is now the most targeted part of the user journey Growth in AI-generated fake documents encountered by 78% of operators Recently released tools like Non-Doc verification and Sumsub ID helped improve conversion by cutting…

Techvify Announces Global Repositioning as AI-first Digital Transformation Partner

HANOI, Vietnam, June 24, 2025 /PRNewswire/ -- Techvify, a leading force in Vietnam's technology sector, proudly announces its strategic repositioning as an End-to-End AI-Powered Digital Transformation Partner. This bold evolution marks a defining moment, transforming Techvify from a fast-growing software firm into a globally trusted partner for enterprise-scale transformation. Evolving from a…

Cyberway Product Innovation Platform: Empowering Enterprise Innovation Processes and Building Exceptional Product Strength

GUANGZHOU , June 22, 2025 /PRNewswire/ -- In the fiercely competitive FMCG market, only efficient innovation can create a true competitive edge. As consumer preferences change rapidly and the market environment remains uncertain, how can companies precisely identify needs, execute efficiently, and continuously optimize their strategies? The Cyberway Product Innovation Platform empowers FMCG…

ICZOOM Group Inc. Announces Unaudited Financial Results for First Half of Fiscal Year 2025

HONG KONG, June 20, 2025 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced its unaudited financial results for the six months ended December 31, 2024, on June 18, 2025. Amidst a continuously evolving market environment, ICZOOM executed effectively in line with its initial expectation. ICZOOM achieved…

Syntun|2025 “618” Promotion Report: GMV Reaches 855.6 billion RMB

BEIJING, June 19, 2025 /PRNewswire/ -- The 2025 "618" mid-year shopping festival commenced on May 13th, featuring a significantly extended promotion period compared to previous years, designed to boost demand and bolster consumption recovery. Major e-commerce platforms offered substantial discounts, augmented by government subsidies across a wide range of product categories. Promotional…

L’Oréal Showcases New Frontiers of Beauty Powered by North Asia Open Innovation at Viva Tech

SHANGHAI, June 19, 2025 /PRNewswire/ -- On June 12, L'Oréal showcased its fast-evolving North Asia open innovation ecosystem at Viva Technology in Paris, through a dedicated forum themed "New Frontiers of Beauty Powered by North Asia Open Innovation." The event brought together top startups from China, Japan, and South Korea — standout performers from the L'Oréal Big Bang Beauty Tech Innovation…