24Tidy acquired the world’s largest laundry factory during the economic recovery of Chinese consumer market

SHANGHAI, April 30, 2020 /PRNewswire/ — On April 29th, 24Tidy (Shanghai) Network Technology Inc. announced its 950 million RMB acquisition of Tiantian Laundry (Guangzhou) Co., Ltd. in its strategy press conference in Beijing. As one of the largest online life…

P&G and Shopee inspires home shopping with ‘Show Me My Home’ experiential microsite in Southeast Asia

SINGAPORE, April 30, 2020 /PRNewswire/ — Procter & Gamble (NYSE:PG), a leading fast-moving consumer goods company, announces collaboration with Shopee, a leading e-commerce platform in Southeast Asia and Taiwan, with the launch of Show Me My Home*, an online campaign that simulates the…

CouponBirds Seedling Project Made Great Progress

BEIJING, April 28, 2020 /PRNewswire/ — CouponBirds Seedling Project achieved impressive progress in April, 2020. Over twenty non-profit organizations joined the platform and raised more than $1,000 funds. During this time of uncertainty, The Seedling Project made the fundraising work more…

Cango Inc. Filed Its Annual Report on Form 20-F

SHANGHAI, April 28, 2020 /PRNewswire/ — Cango, Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31,…

58.com Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee

BEIJING, April 27, 2020 /PRNewswire/ — 58.com Inc. (NYSE: WUBA) (“58.com” or the “Company”), China’s largest online classifieds marketplace, today announced that the special committee (the “Special Committee”) of the Company’s board of directors (the “Board”), formed to evaluate and consider…

P&G innovate cooperation model in e-commerce livestream

BEIJING and HANGZHOU, China, April 26, 2020 /PRNewswire/ — Procter & Gamble (P&G) presents exclusive livestream “VVIP2.0” with top e-commerce livestream KOL Viya. The livestream features interaction with P&G executives, guest appearances by celebrity Zhou Shen, and product demonstration by the P&G…

Pintec Selected as 2020 Asia Pacific “FinTech Fast 101” by IDC

BEIJING, April 24, 2020 /PRNewswire/ — Pintec is included in the 2020 update of its FinTech Fast 101 research, released by IDC Financial Insights (IDC) in March 2020, which details a list of fast-growing FinTechs in Asia/Pacific excluding Japan (APEJ) from…

Singapore’s First Multi-Currency Mobile Wallet YouTrip Sees 20% Growth in Consumer Spending On Global E-Commerce Platforms

Popular overseas shopping sites have recorded month-on-month transaction volume growth, such as Taobao (111%), ASOS (60%), Alibaba (41%), Aliexpress (17%) Local e-commerce sites like EZbuy (65%) and Lazada (11%) are hot favourites among Singaporeans Food delivery services grew exponentially between…

58.com Converted Profit Participation Right and Acquired Shares of Golden Pacer

BEIJING, April 23, 2020 /PRNewswire/ — 58.com Inc. (NYSE: WUBA) (“58.com” or the “Company”), China’s largest online classifieds marketplace, today announced that it closed the transaction whereby it converted its profit participation right with respect to Golden Pacer into approximately 40.0% of the…

Arcadier: Building free COVID-19 related marketplace to support community

SINGAPORE, April 22, 2020 /PRNewswire/ — The COVID-19 pandemic has changed the way work and life happens. Today, nearly 3 billion people around the world are under some form of lockdown. Communities and community-based businesses have been hit especially hard…