Kamet Capital Leads Exclusive Series A Investment in AI Avatar Pioneer TopView
Kamet Capital backs industry-first AI avatar platform enabling digital humans to physically interact with products
SINGAPORE, Aug. 5, 2025 /PRNewswire/ -- Kamet Capital, a leading multi-single-family office headquartered in Singapore, has announced the completion of its exclusive Series A investment of USD 8.5 million into TopView.ai ("TopView"). The fast-rising AI-powered product content…
Kuaishou Technology to Report 2025 Second Quarter and Interim Financial Results on August 21, 2025
HONG KONG, Aug. 4, 2025 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated results for the second quarter and half year ended June 30, 2025, after the Hong Kong market closes on Thursday, August 21, 2025.
The…
Sea and OpenAI sign MOU to accelerate AI adoption in Southeast Asia
Singapore-based tech firm Sea Limited has announced the signing of a memorandum of understanding (MOU) with American artificial intelligence (AI) firm OpenAI to advance the use of AI across Southeast Asia.
Sea said in a statement on last Friday that the MOU focuses on making cutting-edge AI tools more accessible to consumers and small businesses in the region.
Building on the Operator…
TikTok Shop doubles global GMV in H1 with U.S. market hitting $5.8B: Momentum Works & Tabcut report
TikTok Shop doubled its global gross merchandise value (GMV) in the first half of 2025, with U.S. market hitting $5.8 billion, Momentum Works & Tabcut report showed last Friday.
The duo said in a statement that TikTok Shop’s global GMV hit $26.2 billion in the first half, and if the current pace of growth holds, the platform is on track to double its 2024 GMV of $33.2 billion by year-end.…
David Bang Appointed as Chief Executive Officer, Americas at LX Pantos
SEOUL, South Korea, Aug. 1, 2025 /PRNewswire/ -- LX Pantos, a leading global logistics company with end-to-end supply chain solutions—including freight forwarding, contract logistics, intermodal transportation, rail services and e-commerce Logistics—is pleased to announce the appointment of David Bang as Chief Executive Officer, Americas. With nearly 30 years of experience in logistics,…
EDISHINE Launches Revamped Website, Highlighting Sustainable Living and Human-Centric Design
NEW YORK, July 31, 2025 /PRNewswire/ -- EDISHINE, a leading provider of stylish and high-quality lighting solutions, is proud to announce the official launch of its redesigned website. The upgrade showcases a refreshed visual identity and refined brand positioning, underscoring the brand's commitment to sustainable living and design that centers on human experience.
EDISHINE lighting creates…
Bukalapak’s revenue grows 12% quarter-on-quarter in 2Q
Indonesian e-commerce company Bukalapak announced Wednesday that its revenue for the second quarter grew by 12 percent quarter-on-quarter to Rp 1.6 trillion ($97.6 million), driven primarily by strong performance in the gaming and investment segments.
The firm said in a statement that its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved by 30 percent…
CLO Unveils the zFab Kit: a Revolutionary AI-Powered Fabric Digitization System
NEW YORK, July 30, 2025 /PRNewswire/ -- CLO Virtual Fashion, an industry leader in 3D garment visualization and design technology, announced the launch of the all-new CLO zFab Kit, a groundbreaking fabric digitization system set to transform the apparel and textile industries. The CLO zFab Kit, which includes three innovative devices—the zFab Cutter, the zFab Draper, and the zFab Scanner—will be…
New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2025
BEIJING, July 30, 2025 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended May 31, 2025.
Financial Highlights for the Fourth Fiscal Quarter Ended May 31, 2025
Total net…
Standard Chartered partners Alibaba to accelerate AI use in financial services
Standard Chartered and Alibaba Group Holding Limited have entered into a strategic partnership, utilizing Alibaba Cloud’s AI technologies to accelerate the pace at which the financial services sector embraces artificial intelligence (AI).
The duo said in a statement on Tuesday that under the memorandum of understanding, Standard Chartered will work with Alibaba Cloud as its strategic partner…