Indonesia’s Bukalapak ceases physical product sales on marketplace
Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.
The firm said in a statement that this move is part of its new strategy as to focus on virtual products.
It said the firm wants to emphasize that this change is a necessary step to focus on business lines with…
Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024
J&T Global Express (J&T Express), the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.
For the full year 2024, J&T Express handled 24.65 billion parcels, representing a 31 percent…
Touch the Future: Hanvon Unveils the World’s First EMC-Touch Chip & Penstar Brand at CES 2025
LAS VEGAS, Jan. 9, 2025 /PRNewswire/ -- Hanvon Technology, a pioneer in China's artificial intelligence industry, made a significant splash at the CES 2025 Global Consumer Electronics Show, held at the Las Vegas Convention Center. Under the theme "Touch the Future," Hanvon showcased a range of innovative technologies and products, including the world's first EMC-Touch chip, HW0888, the Penstar…
Maybank sees robust fintech to drive ASEAN internet sustained growth
Maybank Investment Bank said Wednesday that robust fintech will support elevated growth of ASEAN internet firms in 2025.
The research house said in a note that it thinks the 2024 tailwinds for the sector are mostly intact and likely to sustain into 2025.
"We estimate sector gross merchandise value (GMV), revenues and adjusted earnings before interest, taxes, depreciation, and amortization…
Route Mobile Partners with PT MRT Jakarta to launch first-of-its-kind WhatsApp ticketing via vending machines and Email
MUMBAI, India, Jan. 8, 2025 /PRNewswire/ -- Route Mobile Limited ("Route Mobile"), a leading cloud communication platform service provider, has partnered with PT MRT Jakarta, Jakarta's premier urban rail transit provider, to launch an innovative, first-of-its-kind WhatsApp based metro ticketing solution through vending machines. The solution streamlines the whole process, delivering essential…
Yeahka (9923.HK) Announces Plans to Issue Shares to Raise Funds for Expanding Overseas and AI Businesses
HONG KONG, Jan. 8, 2025 /PRNewswire/ -- On January 7, Hong Kong-listed Yeahka (9923.HK) announced a proposal to issue and place 19.15 million shares to raise capital from external investors for expanding the Group's overseas operations and artificial intelligence (AI) business. The offering has been completed, with participation from several internationally renowned long-term and multi-strategy…
INAIR redefines computing: Spatial technology for a borderless digital experience
LAS VEGAS, Jan. 8, 2025 /PRNewswire/ -- INAIR, a spatial computing technology innovator, has unveiled its third-generation AI Spatial Computer at CES 2025. Designed as an all-in-one spatial computing system, INAIR integrates immersive displays, seamless system compatibility, and innovative input technology to unlock a new level of mobile productivity and entertainment.
The system comprises three…
Lakeside Partners with Huiyu Pharmaceutical to Revolutionize Oncology Drug Distribution
ITASCA, Ill., Jan. 7, 2025 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based cross-border supply chain solution provider with a unique focus on the Asia-Pacific market today announced that Hupan Pharmaceutical has entered into a strategic distribution agreement with Sichuan Huiyu Pharmaceutical Co., Ltd. ("Huiyu Pharmaceutical").
Huiyu…
CIFF Guangzhou 2025 Preview: A Focus on Creative Design and Trade Upgrades
GUANGZHOU, China, Jan. 7, 2025 /PRNewswire/ -- The first phase of the 55th edition of the China International Furniture Fair (Guangzhou) (CIFF Guangzhou 2025), featuring Home Furniture, is set to take place from March 18 to 21, 2025, at the Canton Fair Complex in Guangzhou. This prestigious event will bring together industry leaders, designers, and consumers to explore the latest trends and…
East Ventures market outlook 2025: Thriving in the new transitions and realizing a “believable Southeast Asia”
As new leaders take the helm in major countries, the global economic and market outlook is clearer, and promising opportunities are on the horizon. Projections indicate that the global growth is set to stabilize at around 3.1 percent over the next five years, indicating a resilient recovery from the pandemic’s impact. This optimistic trajectory is bolstered by technological advancements, which…