As Alibaba.com’s new AI sourcing agent, this solution streamlines the B2B sourcing process by offering more accurate search results for global supplier and product searches. Kuo Zhang, president at Alibaba.com, said, “We're always pushing to help level the playing field for SMEs, giving them greater access to suppliers and products, as well as industry insights that will further their business goals. With the help of AI, we are able to do just that on an even greater scale." #artificialintelligence #sourcingefficiency #ecommerce ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
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UpTech Media is a technology-centric media company committed to keeping organisations in Asia Pacific up front on the ever-advancing world of technology by providing the latest news, insightful information, and emerging trends that propel understanding of technology in creating a future-ready organisation.
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Data from Euromonitor International’s findings also revealed that China, Japan and Korea will continue to lead the e-commerce sector by 2028, capturing 85% of the region's retail e-commerce sales. Sachi Kimura, consultant at Euromonitor International, remarked, “Low penetration can suggest the product nature, and consumers’ preference is to shop in person. However, convenience seeking is pushing these categories towards online channels, with many opportunities lying ahead.” Yang Hu, insights manager for health and beauty Asia at Euromonitor International, also shared, “Digital marketplaces are constantly evolving. Through various channel sales, businesses can gain dynamic insights into market trends, consumer preferences, pricing strategies, and promotional tactics.” #salesgrowth #ecommerce #eastasia ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
China, Japan, and Korea make up 87% of APAC e-commerce sales, propel e-commerce surge in East Asia: report - UpTech Media
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The latest Salesforce report also revealed that approximately 48% of the surveyed leaders already had a clear and defined generative AI strategy for their organisations, while 47% indicated they are actively in the process of incorporating one. Talking about the findings, Sujith Abraham, senior vice president and general manager, ASEAN at Salesforce, said, “Innovations like this will differentiate each organisation's ecosystem of autonomous agents, humans, and AI and how well they drive customer success at scale.” #artificialintelligence #businesspriority #singapore ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
Singapore’s C-suite executives rank GenAI among their top business priorities: report - UpTech Media
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Key findings of Amazon’s report showed that Singapore sellers are keen to tap into global e-commerce, with B2C e-commerce export revenue projected to reach US$3.9b by 2027, given their investment in cross-border e-commerce. Commenting about the report, Anand Palit, head of global selling for Southeast Asia at Amazon, said, “We believe that Singapore sellers have high potential in cross-border e-commerce industry, and we’re committed to fuelling their success by providing the knowledge and online export expertise they need to thrive on a global scale.” #techinsights #salesgrowth #ecommerce ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
Cross-border e-commerce stirs up sales growth for Singapore sellers: report - UpTech Media
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With the collaboration, Maxis will serve as Hewlett Packard Enterprise’s managed service provider in Malaysia, offering enterprise customers advanced networking capabilities using HPE Aruba Networking Central with artificial intelligence for IT operations. #zerotrustsecurity #networkingsolutions #customerexperience ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
Maxis, HPE ink agreement to offer zero trust security, AI-powered networking solutions - UpTech Media
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Under the agreement, EasyStore and Stripe will bring an optimised checkout suite together, with key benefits to help customers discover brands and products anytime, regardless of their location. #partnership #checkoutexperience #ecommerce ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
EasyStore, Stripe join forces to empower local businesses, SMEs through improved checkout, payment experience - UpTech Media
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Revolut’s new service feature further employs AI-powered data extraction and optical character recognition to capture all relevant details from bills including supplier information and payment data. #billmanagement #paymentworkflow #fintech ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
Revolut’s new service feature streamlines bill management, payment workflows amongst businesses - UpTech Media
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Banks and electronic money issuers of the InstaPay and PESONet automated clearing houses, as well as clearing switch operators like BancNet, Inc., and the Philippine Clearing House Corporation, are all subject to complying with Bangko Sentral ng Pilipinas’ recently issued circular. #paymentsolutions #fundtransfers #fintech ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
New circular from PH’s central bank to address concerns on electronic fund transfers - UpTech Media
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Having held key positions in Asia Pacific and Latin America, Ralph Koker brings more than two decades of experience as the new global head of products at TerraPay. Ani Sane, co-founder and chief business officer at TerraPay, commented, “His strategic insights and deep-rooted experience in product innovation will prove to be vital as we continue to elevate our offerings and deliver unparalleled value to our customers.” Meanwhile, Koker expressed his enthusiasm for the role, stating, “The opportunity to contribute to TerraPay’s mission of digitising global money movement resonates deeply with me, and I look forward to driving innovation and growth alongside this talented team.” #leadership #productstrategy #fintech ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
Ralph Koker to spearhead TerraPay’s product strategy, go-to-market initiatives with recent appointment - UpTech Media
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Through the investment initiative, TPG’s The Rise Fund is set to spearhead BillEase’s Series C equity round, with existing investor Burda Principal Investment also participating in the round. Georg Steiger, CEO at BillEase, stated, “We remain committed to providing financing solutions to the emerging middle class in the Philippines, a country with over 110 million people and supporting its more than 10,000 merchant partners.” Meanwhile, Chalothorn (Boat) Vashirakovit, managing director at TPG, also remarked, “With our global operations capabilities, deep sector expertise in financial services, and thematic focus towards backing innovative businesses that drive greater financial inclusion, we look forward to helping accelerate BillEase’s growth and solidifying their position as the leading digital finance app in the market.” #techinvestment #seriesfunding #fintech ------ -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y
BillEase secures strategic investment from TPG’s The Rise Fund - UpTech Media
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