DBS launches blockchain-powered Treasury Tokens pilot with Ant International for 24/7 treasury and liquidity management
Singaporean bank DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with fintech firm Ant International.
DBS said in a statement on Tuesday that Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain…
Indonesia’s PasarPolis eyes expansion into Singapore
Indonesia-based insurtech firm PasarPolis said Tuesday that it is now poised for profitable growth and is preparing for its next major step: expansion into Singapore.
The firm said in a statement that building on its successes, it aims to further expand regionally, targeting new markets such as Singapore and consolidating its position as a dominant force in Southeast Asia’s insurtech…
Viettel Store Partners with Anchanto to Enhance High-Tech Shopping Experience in Vietnam
Viettel Store anticipates remarkable online sales growth ranging from double to triple digits in 2024. Viettel Store has selected Anchanto Order Management System (OMS) to enable the scalability of their operations. The implementation of this Order Management System will enable Viettel Store to automate operations, speed up processing times, and enhance the customer experience.
HO CHI…
HKSTP brings 14 companies to Techsauce Global Summit 2024
Editor's note: HKSTP is a winner in the category Community Builder Award, TNGlobal's ORIGIN Innovation Awards 2020.
Hong Kong Science and Technology Parks Corporation (HKSTP) has led 14 pioneering Park companies to Southeast Asia’s innovation and technology flagship event, the Techsauce Global Summit 2024 from Aug 7-9 in Bangkok, Thailand.
Aligning with the mission of HKSTP's Innovation…
Alibaba.com to Host Second Flagship CoCreate Conference, Rolls out New AI Advancements to Simplify Global Trade
The company's premier event will offer insights into digital trade, logistics and manufacturing from industry leaders, celebrity entrepreneurs and guest speakers
NEW YORK, Aug. 8, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and a business unit of Alibaba International Digital Commerce Group, will host its second annual CoCreate conference…
MYStartup launches Pre-Accelerator Cohort 4 with 30 promising startups
MYStartup, in collaboration with WatchTower and Friends, has on Wednesday announced the selection of 30 high-potential startups for the MYStartup Pre-Accelerator Cohort 4.
This program, spearheaded by Cradle Fund Sdn Bhd (Cradle) and executed under the MYStartup initiative, is designed to propel these startups towards achieving product-market fit and fostering the overall success of the…
CLPS Incorporation Announces Establishment of Dubai Subsidiary, Marking Strategic Expansion into the Middle East Market
HONG KONG, Aug. 7, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced that, through its wholly-owned subsidiary, CLPS Investment Management Ltd., it established Ridik Technology Ltd. ("Ridik Dubai"), in Dubai, United Arab Emirates, on July 31, 2024. This strategic move aims to deepen the Company's global expansion strategy and tap into the thriving…
Dingdong (Cayman) Limited Announces Second Quarter 2024 Financial Results
SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended June 30, 2024.
Second Quarter 2024 Highlights:
GMV for the second quarter of 2024 increased by 16.8% year over year to…
Cognex Launches AI-Powered Counting Tool for In-Sight SnAPP Vision Sensors
New AI tool simplifies counting inspections for manufacturers across all industries
NATICK, Mass., Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, expanded the capabilities of its In-Sight SnAPP™ vision sensor with the launch of an AI-enabled counting tool. This innovative software tool transforms how manufacturers handle counting tasks,…
New Oriental Announces Upsizing of Share Repurchase Program
BEIJING, Aug. 6, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that its board of directors has approved the upsizing of its share repurchase program. As previously disclosed, the Company launched a share repurchase program (the "Share…