BEIJING, July 1, 2020 — Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB), a leading social media in China, today announced the pricing of its public offering of US$750 million aggregate principal amount of its 3.375% notes due 2030. The notes have been registered under the U.S. Securities Act of…
Atome Launches ‘Buy Now, Pay Later’ Solution In Singapore
“Buy now, pay later” checkout option partners 500 retailers at launch, helping local retail industry grow online sales during COVID-19 SINGAPORE, July 1, 2020 — Atome, a leading technology start-up headquartered in Singapore, has launched a "buy now, pay later" solution to support the recovery of Singapore’s retail sector during and…
RedShield appoints Senior Verizon Cyber Security VP as Chief Revenue Officer in U.S. Push
AUCKLAND, New Zealand, July 1, 2020 — RedShield, specialists in web application shielding, has announced the appointment of global cyber security leader, James Carrigan Jr. as Chief Revenue Officer (CRO), responsible for sales globally. Based in New York, Carrigan joins the cyber security challenger from Verizon Communications, where he…
X Financial Reports First Quarter 2020 Unaudited Financial Results
SHENZHEN, China, June 30, 2020 — X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 2020 Financial Highlights Net revenues decreased by 31.9% to RMB529.0 million…
Tuniu Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement
NANJING, China, June 29, 2020 — Tuniu Corporation (Nasdaq:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated June 26, 2020, indicating that…
Carry Begins Offline Data Collection Campaign with South Korea’s largest SMB loyalty point platform
SEOUL, South Korea, June 29, 2020 — On June 29th, South Korea’s Blockchain Project Carry Protocol announced that it started data collection from the offline market targeting roughly half of the South Korean population (23M users) with South Korea’s largest SMB loyalty platform, Dodo Point. The data collection feature…
58.com Reports First Quarter 2020 Unaudited Financial Results
BEIJING, June 26, 2020 — 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China’s largest online classifieds marketplace, today reported its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights Total revenues were RMB2,560.3 million (US$361.4 million[1]), a 15.5% decrease from RMB3,028.3 million in the same…
Indonesia Focused East Ventures Raises New Seed Fund for Tech Startups in Aftermath of Pandemic
The new vehicle will be East Ventures’ eighth fund, as the firm remains bullish on the ASEAN’s digital economy and predicts that innovative startups will transform the region’s post-lockdown landscape for the better. Quick Facts: Southeast Asia’s most active early-stage tech investor has reached a first close on its…
Huawei officially launches Huawei Pay mobile payment in Thailand
BANGKOK, June 26, 2020 — Huawei Mobile Services (HMS) collaborates with UnionPay to launch the Huawei Pay in Thailand. Huawei Pay is a mobile payment tool that provides contactless, cashless payment service for HUAWEI device users. In Thailand, Industrial and Commercial Bank of China (Thai) Public Company Limited is the…
KPMG and Planon Extend Cooperation to Support Organisations in the Digitalisation of Lease-, Real Estate- and Portfolio Management Processes
NIJMEGEN and AMSTELVEEN, Netherlands, June 26, 2020 — KPMG and Planon today announced moving their collaboration to the next level, by signing a partnership agreement. Over the past two years the parties have been successfully working together on helping companies to comply with IFRS 16 standards by implementing Planon’s Lease…