Asia Consumer Lifestyle: Evolving Trends in Premium and Luxury Consumption
Bluebell Group, Asia’s leading brand distributor and operator, has released the third volume of the “Asia Lifestyle Consumer Profile.” This study, based on a survey of 1,765 premium lifestyle consumers across six markets, provides valuable insights into the changing sentiments and trends shaping premium and luxury consumption in various segments, including fashion, accessories, footwear, beauty, fragrance, make-up,...
TCL to Launch Mid to High-End Products Directly in Malaysia, Expanding Market Presence
TCL, the world’s second-largest TV brand from China, is set to directly make its products available in Malaysia in the near future. The company has established operations in the country and plans to introduce a range of mid to high-end products in July. Aside from TVs, TCL also produces air conditioners, refrigerators, and washing machines and has a presence in over 160 markets worldwide. Recently, the company unveiled its...
Ant Group Expands Mobile Wallet Acceptance in Thailand, Boosting Digital Travel Experience
Ant Group, the operator of Alipay+, a global cross-border digital payments and marketing solution, has announced that four mobile wallets are now accepted in Thailand. These include AlipayHK (Hong Kong SAR), Kakao Pay (South Korea), Touch ‘n Go eWallet (Malaysia), and Alipay (Chinese mainland), which has been accepted by Thai merchants since 2015. This development, enabled through Alipay+, expands the seamless digital travel...
Unleashing Boundless Rewards: Presto and VSING’s Transformative Loyalty Collaboration
Presto, a leading loyalty eCommerce redemption and solutions provider, has joined forces with VSING, a music-driven social entertainment platform, to revolutionize loyalty rewards and offer an exciting range of benefits for VSING members. This collaboration aims to provide VSING members with even greater value for their loyalty points and introduce them to an expansive selection of exclusive products and services. From Left: Mr....
Zalora Expands Fulfillment Hub to Enhance Stock Management and Customer Experience
Zalora Group, the leading online fashion platform, has recently completed the expansion of its fulfillment hub, aimed at strengthening its centralised stock management and improving the efficiency of its delivery systems. The expansion, which required an investment of RM15 million, enables Zalora to accommodate the increasing stock volumes from a wide range of popular brands. With over 3,000 brand partners, including renowned names...
TopECM Celebrating Innovation and Success in the Online Business Landscape
The eighth edition of the Malaysia Top E-commerce Merchant (Top ECM) Awards has once again showcased the remarkable achievements of online businesses, with a staggering sales record of RM7.57 million, as announced by the Selangor Information Technology and Digital Economy Corporation (Sidec). This year’s Malaysia Top ECM Awards witnessed a remarkable increase in participation, with a total of 602 applications, reflecting a...
Zetrix Launches Cross-Border Trade Facilitation Services on Chinese Blockchain
Zetrix, the layer-1 public blockchain infrastructure developed by MY EG Services Bhd (MyEG), is preparing to launch its cross-border trade facilitation services in collaboration with a Chinese blockchain platform in the third quarter of this year. The international deployment of the Zetrix supernode to China’s national blockchain, Xinghuo, was recently completed. The team is currently testing the stability of the system by...
Sophos Uncovers Fleeceware Scam Targeting Users with Fake ChatGPT Apps
Sophos, a global leader in cybersecurity, has revealed the presence of fleeceware apps masquerading as ChatGPT-based chatbots. These deceptive apps, discovered on the Apple App Store and Google Play Store, exploit users by overcharging for minimal functionality. In a comprehensive report titled “FleeceGPT Mobile Apps Target AI-Curious to Rake in Cash,” Sophos X-Ops highlights the prevalence of these apps and the tactics...
Next Capital Partners with Mambu to Launch Next-Generation Digital Lending Products
Next Capital Public Company, a prominent Thai technology-driven auto leasing company, has joined forces with Mambu, an innovative global fintech firm, to introduce a new suite of lending products. Leveraging Mambu’s cloud-native core banking and lending platform, Next Capital aims to transform into a next-generation full-service digital lender, providing cutting-edge financial solutions to the underbanked. This partnership...
Unveiling the GoldenJackal APT Group: An In-Depth Analysis by Kaspersky
Kaspersky, a leading cybersecurity company, recently uncovered a new and elusive Advanced Persistent Threat (APT) group named GoldenJackal. Operating since 2019, this previously unknown group has primarily focused on targeting government and diplomatic entities in the Middle East and South Asia. Through their extensive investigation, Kaspersky has shed light on GoldenJackal’s capabilities, techniques, and motivations, revealing...