How is AI reshaping the logistics and supply chain industry in Southeast Asia and the Asia-Pacific?

In 2023, the global supply chain management market size was valued at $23.58 billion. Now, the market is projected to grow from $26.25 billion in 2024 to $63.77 billion by 2032, exhibiting a CAGR of 11.7 percent during the forecast period. This growth means only one thing: supply chain complexities are about to increase. With Southeast Asia and the Asia-Pacific region emerging as important…

Cainiao deploys latest L4 autonomous delivery vehicle for public roads

HANGZHOU, China, Jan. 6, 2025 /PRNewswire/ -- Cainiao, a global leader in e-commerce logistics and logistics technology, has recently launched its latest L4-level autonomous vehicle for public roads – the Cainiao Autonomous Vehicle GT Pro. This marks the first major upgrade since the debut of the Cainiao GT in 2024. The GT Pro brings significant improvements across various aspects, including…

Tencent Cloud Recognized Again in the Gartner® “Competitive Landscape: Video Platform Services” Report, solidifying its Pioneering Position in the Asia-Pacific Market

HONG KONG, Jan. 6, 2025 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology company Tencent, announced today that it is once again recognized as a Representative Vendor in the Gartner® "Competitive Landscape: Video Platform Services" report. We believe this recognition highlights our leading audio and video technology and product portfolio advantages along with its…

JSAUX Debuts at CES 2025, Showcases Innovative FlipGo Portable Monitor

HONG KONG, Jan. 5, 2025 /PRNewswire/ -- Tech brand JSAUX will make its first appearance at CES Las Vegas from January 7-10, 2025, at LVCC South Hall 1, booth #32344. Visitors can explore JSAUX's latest innovations, including the FlipGo Horizon portable monitor and cutting-edge accessories for iPhone. JSAUX's Journey to Success Since its founding in 2016, JSAUX has grown into a global…

Xinhua Silk Road: Chinese baijiu producer Wuliangye launches new 3D ad in New York Times Square

BEIJING, Jan. 4, 2025 /PRNewswire/ -- China's leading baijiu maker Wuliangye launched a new 3D advertisement in New York Times Square, the United States, sending the message of "harmony" to global audience at the beginning of 2025. Photo shows a new 3D advertisement launched by Chinese baijiu producer Wuliangye in New York Times Square, the United States. The advertisement presents the brand…

ICZOOM Concluded 2024 with Multiple Awards

HONG KONG, Jan. 3, 2025 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced that it concluded a successful year of 2024 as being selected as one of the Top 100 Innovative Enterprises of 2024 in the Guangdong-Hong Kong-Macao Greater Bay Area and the Top 100 Digitalization Enterprises of 2024 in China. On…

Maybank positive on Indonesia’s new economy

Maybank Investment Bank has on Friday maintained a positive view of the new economy in Indonesia as it sees the sector is moving on the right path. The research house said in a note that it thinks Fintech (lending business) will be a future growth driver for the sector, as Indonesia has a population of more than 270 million and low household debt (9.9 percent of gross domestic product as of…

Grab acquires stake in Nham24 to grow food and grocery delivery market in Cambodia

Singapore-based superapp Grab has acquired a stake in Cambodian food-delivery and e-commerce platform Nham24 to grow food and grocery delivery market in the country. Grab said in a statement on Monday it has completed a deal to acquire Nham24’s operations in Cambodia, following regulatory approval from the Competition Commission of Cambodia. Nham24 is a homegrown Cambodian brand, having…

Kairous Capital: Southeast Asia stands to benefit from the ‘China Plus One’ strategy

As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame. Furthermore, they unveiled their ambitious aspirations, meticulously outlined their strategic plans for 2025, and offered…

Paranovus Entertainment Technology Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

NEW YORK, Jan. 1, 2025 /PRNewswire/ -- Paranovus Entertainment Technology Limited ("PAVS" or the "Company"), (NASDAQ: PAVS) announced today that it received a formal notification from the Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company's Class A ordinary shares ("Ordinary Shares") to maintain a minimum bid…