Cloud Expo Asia 2024: Huawei Cloud Focuses on Data-AI Convergence, Helping Enterprises Drive Growth with Data

SINGAPORE, Oct. 11, 2024 /PRNewswire/ -- Cloud Expo Asia, the leading tech show in the APAC region, returned on 9-10th October 2024 for its 10th edition at Marina Bay Sands, Singapore. This event brought together prominent cloud professionals, tech specialists, CXOs, startups, and developers for insightful discussions on the trends of cloud, AI, and other cutting-edge technologies, as well as…

From retrenchment to building a ‘dream’ team of marketers that drove a 6-figure revenue within a year

Qoo-10 reportedly laid off more than 80 percent of its Singapore-based workforce recently, a strong indicator that the retrenchment trend in Singapore has yet to fade. In 2023, the yearly retrenchment doubled from 6,440 in 2022 to 14,590 in 2023. Furthermore, the second quarter of 2024 has surpassed the same period of the previous year, highlighting the concerning evidence that the advancement of…

Maybank sees Bukalapak a potential candidate for TEMU

Maybank Investment Bank sees Indonesian e-commerce firm Bukalapak as a potential candidate for TEMU, an online marketplace operated by the Chinese e-commerce company PDD Holdings, due to its leaner business model. The research house said in a note on Tuesday TEMU is struggling to secure an operational permit in Indonesia, due to refusal by the regulators, and the main reasons are TEMU’s…

ByteDance’s TikTok lays off hundreds of employees in Malaysia – report

Editor's note: Updated with responses from TikTok ByteDance, the owner of social media TikTok, has laid off more than 500 staffs in Malaysia, local media The Malaysian Reserve reported on Thursday, quoting a source. A source close to the Malaysian branch of the company told The Malaysian Reserve (TMR) that more than 500 employees were terminated after receiving emails from the company.……

FlexClip Expands AI Offerings, Empowering Creators with Cutting-Edge Image Processing

HONG KONG, Oct. 10, 2024 /PRNewswire/ -- FlexClip, PearlMountain Limited's flagship video creation platform, has recently introduced a suite of new AI tools, including AI Photo Colorizer, AI Photo Restoration, AI Image Upscaler, AI Image Extender, and AI Face Swap. These new tools are crafted to provide users with innovative and user-friendly solutions for image editing.…

Alta Resources Applauded by Frost & Sullivan for Optimizing Consumer Interactions, Improving Agent Efficiency, and Achieving Market Leadership

Alta has simplified the interfaces agents navigate and automated backend processes to improve the customer experience and boost agent retention and satisfaction. SAN ANTONIO, Oct. 10, 2024 /PRNewswire/ -- Frost & Sullivan assessed the customer experience management (CXM) industry and, based on its findings, recognizes Alta Resources with the 2024 North American Entrepreneurial Company of the…

PATPAT RELEASES Q3 CONSUMER DATA REVEALING INSIGHTS ON TRENDS IN CHILDREN’S AND FAMILY APPAREL

Family Threads by PatPat Releases Its First-Ever Quarterly Consumer Report Highlighting Data and Trends in Children's and Family Apparel MOUNTAIN VIEW, Calif., Oct. 10, 2024 /PRNewswire/ -- Today, PatPat, a global e-commerce leader in affordable family apparel, released its first-ever consumer report titled "Family Threads: Quarterly Insights on Trends in Children's and Family Apparel"  to…

Go Global Retail and Janie and Jack to Acquire HATCH Collection, a Leading Premium Maternity Brand

Strategic investment enhances Go Global's portfolio and expands market reach into premium maternity fashion and lifestyle brand LOS ANGELES, Oct. 10, 2024 /PRNewswire/ -- Go Global Retail today announced it has completed its acquisition of HATCH Collection, a leader in premium maternity fashion, through its Janie and Jack Holdings, Inc. platform. This acquisition is the latest in Go Global's…

LightInTheBox Annual General Meeting

SINGAPORE, Oct. 9, 2024 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel e-commerce retailer that ships products to consumers worldwide, today announced that the Company is providing an audio teleconference for participants who wish to virtually attend its annual general meeting of shareholders (the "AGM"), scheduled to take place at 11th…

Maybank: new monetization avenues to help Sea Ltd to achieve margin targets sooner

Maybank Investment Bank said Wednesday that new monetization avenues will help Singapore-based tech conglomerate Sea to achieve margin targets sooner. The research house said in a note that e-commerce competition remains benign, leading to monetization initiatives such as seller take-rate increases (1-3 percent) and advertising growth, which in turn fast forwards margin improvement for Sea.……