Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year
Malaysia-headquartered Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ).
Ancillary income for the group rose by 26 percent, bringing overall gross margins to over 10 percent, the company said in a statement on Wednesday.
The group reported over $305 million…
Asia’s Transformative Era: Unveiling the “Asian Dream” through New Study “Truth About Ascending Asia”
SINGAPORE, Dec. 4, 2024 /PRNewswire/ -- McCann Worldgroup has launched its latest insights study, the Truth about Ascending Asia, at an event held at Singapore's Asian Civilisations Museum. Over 70 clients, partners and media joined the advertising network to hear from guest speakers including Google, L'Oréal and Mastercard.
Truth About Ascending Asia
This groundbreaking new report…
Lakeside Holding to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor Conference
ITASCA, Ill, Dec. 3, 2024 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market operating under the brand American Bear Logistics ("ABL"), today announced it will be presenting at The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference…
Uxin Announces Strategic Partnership with CATL’s Subsidiary to Develop Battery Swapping Ecosystem for Used Cars
BEIJING, Dec. 3, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (Nasdaq: UXIN), China's leading used car retailer, today announced a strategic partnership with Times Electric Service, a wholly-owned subsidiary of Contemporary Amperex Technology Co., Limited ("CATL"). This collaboration aims to promote the adoption and development of battery swapping models in the used car market,…
LightInTheBox to Report Third Quarter 2024 Financial Results on Tuesday, December 10, 2024
- Earnings Call Scheduled for 8:00 a.m. ET on December 10, 2024 -
SINGAPORE, Dec. 3, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global fashion brand and e-commerce service provider, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024 before the open of U.S. markets on…
First Phase of Athlete365 Business Accelerator Programme Is Launched with Support from Alibaba.com
Olympian and successful entrepreneur Tony Parker, as Alibaba.com's global brand ambassador, teaches Masterclass for aspiring entrepreneurs
GENEVA, Dec. 2, 2024 /PRNewswire/ -- The International Olympic Committee (IOC), in collaboration with Alibaba.com, has officially launched the first phase of the fourth edition of the Athlete365 Business Accelerator programme, which aims to empower current and…
Wondershare Virbo Web 2.0 Leads Industry Trends with Lite Avatar Customization and Innovative AI Features
VANCOUVER, BC, Nov. 29, 2024 /PRNewswire/ -- Wondershare is excited to unveil Virbo Web 2.0, a comprehensive update introducing personalized avatar creation, advanced video editing tools, and streamlined AI integration to better empower users in spokesperson video creation. As a user-centric video creation platform, Virbo also offers powerful features like Video Translator, Talking Photo and…
Maybank revises up GoTo Gojek Tokopedia revenue forecasts
Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.
Maybank said in a note on Friday that it has raised the firm's target price to IDR 105 ($0.0066) from IDR 95 ($0.006) and maintain buy on the stock.
According to the research house, GoTo Gojek…
Tencent Cloud Named as a Major Player in IDC MarketScape for Edge Delivery
HONG KONG, Nov. 29, 2024 /PRNewswire/ -- Tencent was recognized as a Major Player in the IDC MarketScape: Worldwide Edge Delivery Services 2024 Vendor Assessment (doc #US51812424, November 2024) report. Tencent Cloud, as a representative vendor, has made a strategic move with its integrated edge platform, EdgeOne, positioning itself to capitalize on opportunities presented by edge services.…
[Discover Vietnam Tech] Top tech events in Vietnam that you shouldn’t miss
Editor’s note: This article is written with the assistance of AI tools.
In the rapidly evolving world of technology and innovation, tech events serve as pivotal gatherings that drive knowledge exchange, inspire collaboration, and catalyze growth within the industry. These events bring together entrepreneurs, investors, developers, and industry leaders, creating a dynamic environment for…