Maybank sees limited risk for Sea from MELI’s competitive ante

Maybank Investment Bank has foreseen limited risk for Singapore-based technology giant Sea amid Mercado Libre’s (MELI)' competitive ante. The research house said in a note on last Friday that while MELI’s recent shipping discount is a clear attempt to penetrate Sea's e-commerce arm Shopee’s mass-market stronghold, it viewed it as a measured escalation rather than an aggressive shift.…

PICKING AGV Deployment Exceeds 400 Units in a Single Project, Guozi Robotics’ Warehousing Solution Boosts Picking Efficiency by 50%

HANGZHOU, China, June 16, 2025 /PRNewswire/ -- The warehouse covers an area of over 20,000 square meters, with nearly 400,000 storage locations and more than 150,000 SKUs. Over 400 Picking AGVs have been deployed. Recently, Guozi's warehousing solutions for the footwear and apparel e-commerce industry have added another overseas application case, with its overseas business continuing to expand…

Tencent Cloud Commits to Support European Companies’ Global Competitiveness and Realise AI Ambitions

PARIS, June 16, 2025 /PRNewswire/ -- At Viva Technology 2025, Europe's largest technology event, Tencent Cloud highlighted the accelerating shift among enterprises toward connected platforms and multi-cloud strategies, key enablers for unlocking the full potential of AI and driving sustainable innovation and global competitiveness.   Speaking on the panel "AI Beyond Scale: Building competitive…

DAMON Establishes Japanese Subsidiary and Unveils New Intelligent Logistics Solution

CHIBA, Japan, June 16, 2025 /PRNewswire/ -- DAMON, a global leader in intelligent logistics solutions, has expanded its worldwide footprint with the launch of its newest subsidiary—DAMON JAPAN. Following successful entries into Australia, Europe, Singapore, the U.S., and Brazil, this strategic move reinforces DAMON's commitment to "global presence, local service. "Alongside the subsidiary's…

Ant Group’s unit to seek stablecoin permits in Hong Kong, Singapore – report

Jack Ma-backed Ant Group Co’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, Bloomberg reported on Thursday, quoting people familiar with the matter. Singapore-headquartered Ant International will apply for the stablecoin issuer’s licence in Hong Kong as soon as the city’s Stablecoins Ordinance goes into effect in August, the people said, according…

Only 21% of marketers fully utilize marketing data and analytics. How can SMEs bridge the gap between desire and actual use?

Singapore’s SMEs have made huge progress in embracing digital tools like CRM systems, analytics dashboards, and marketing automation under the Smart Nation vision. But the reality is, tools don’t equal transformation. The Yahoo Singapore Digital Marketers Pulse study shows only 21 percent of marketers fully utilize their data; the rest are drowning in numbers without clear direction, a state I…

AI-Powered Retail Media Platform PulseAd Enters $280B US Market with Seattle Operations

Amazon Verified Partner Delivers 99% Customer Growth for Retail Brands, Including Global Electronics Giant and Leading K-Beauty Companies SEOUL, South Korea and SEATTLE, June 13, 2025 /PRNewswire/ -- PulseAd, the AI-powered retail media platform, today announced its US market entry with Seattle operations. The move targets the rapidly growing $280 billion retail advertising market, where…

Fraud Surges in APAC’s Fastest-Growing Industries–Sumsub Report Highlights a 723% Spike in Healthtech, 116% in Fintech

Fraudsters increasingly weaponize AI-powered deepfakes and synthetic identity documents to exploit the expanding digital ecosystems in APAC Deepfake scams remain a persistent threat, Singapore sees a 1,500% surge; Hong Kong SAR jumps 1,900% Synthetic identity document fraud grows 233% in APAC, outpacing the global increase of 195% SINGAPORE, June 12, 2025 /PRNewswire/ -- As Asia Pacific's…