ICZOOM Concluded 2024 with Multiple Awards

HONG KONG, Jan. 3, 2025 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced that it concluded a successful year of 2024 as being selected as one of the Top 100 Innovative Enterprises of 2024 in the Guangdong-Hong Kong-Macao Greater Bay Area and the Top 100 Digitalization Enterprises of 2024 in China. On…

Maybank positive on Indonesia’s new economy

Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path. The research house said in a note that it thinks Fintech (lending business) will be a future growth driver for the sector, as Indonesia has a population of more than 270 million and low household debt (9.9 percent of gross domestic product as of…

Grab acquires stake in Nham24 to grow food and grocery delivery market in Cambodia

Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country. Grab said in a statement on Monday it has completed a deal to acquire Nham24’s operations in Cambodia, following regulatory approval from the Competition Commission of Cambodia. Nham24 is a homegrown Cambodian brand, having…

Kairous Capital: Southeast Asia stands to benefit from the ‘China Plus One’ strategy

As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame. Furthermore, they unveiled their ambitious aspirations, meticulously outlined their strategic plans for 2025, and offered…

Paranovus Entertainment Technology Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

NEW YORK, Jan. 1, 2025 /PRNewswire/ -- Paranovus Entertainment Technology Limited ("PAVS" or the "Company"), (NASDAQ: PAVS) announced today that it received a formal notification from the Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company's Class A ordinary shares ("Ordinary Shares") to maintain a minimum bid…

Boqii Announces Fiscal 2025 First Half Unaudited Financial Results

SHANGHAI, Jan. 1, 2025 /PRNewswire/ -- Boqii Holding Limited ("We," "Boqii" or the "Company") (NYSE American: BQ), a leading pet-focused platform in China, today announced its unaudited financial results for the first half of fiscal 2025 (i.e., the six months ended September 30, 2024). Fiscal 2025 First Half Operational and Financial Highlights Total revenues were RMB249.7 million (US$35.6…

New Oriental to Report Second Quarter 2025 Financial Results on January 21, 2025

BEIJING, Dec. 31, 2024 /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 second quarter ended November 30, 2024, before the U.S. market opens on January 21, 2025. New Oriental's management will host an…

Malaysia’s Carsome: 2025 will set the stage for the next decade of growth

As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame. Furthermore, they unveiled their ambitious aspirations, meticulously outlined their strategic plans for 2025, and offered…

[Year in review] Southeast Asia’s Top 10 tech news in 2024

It’s time again to look back at what happened in the tech industry in 2024. Some may hail the year 2024 as a “funding winter” for tech startups in Southeast Asia. Southeast Asia faced a challenging year in 2024, marked by a significant contraction in funding, amid a weak global economy. According to Tracxn's report, the region's tech ecosystem experienced a steep decline in financial…

ANUA Enters Ulta Beauty, Largest Beauty Chain in the US – “Advancing as a Global Beauty Brand”

First K-beauty brand to enter all ULTA Beauty stores through a direct partnership starting from February next year Flagship Heartleaf and Rice lines to debut, accompanied by special gift-with-purchase promotions across online and offline channels SEOUL, South Korea, Dec. 30, 2024 /PRNewswire/ -- Global brand incubator The Founders (Co-CEOs Lee Sunhyung, Lee Changjoo)'s global beauty brand ANUA…