Friday, 19 February 2021

Shopee strengthens logistics infrastructure to support increased e-commerce demand

KUALA LUMPUR, 18 February 2021 - Shopee is stepping up its efforts to shorten delivery time for sellers and buyers in Malaysia to cater to the growing reliance on e-commerce and greater expectations for faster deliveries. 

These initiatives include the introduction of 10 new Shopee Xpress drop-off points, and a partnership with Parcelhub and MBE which brings the total number of drop-off points to more than 300 nationwide. 

This increase in drop-off points especially at locations with high accessibility and seller concentration is expected to trim sellers’ travel time and subsequently reduce the duration from when buyers place their orders to receiving it at their doorstep.

Friday, 19 February 2021

LINDE STARTS UP NEW RM28 MILLION PLANT IN MUAR

Selangor, Malaysia February 18, 2021 News - Linde (NYSE: LIN; FWB : LIN) today announced: The company is located in Muar, Johor, at a cost of 8 million ringgit 2,000 new facility is completed and enabled. This new facility will provide high-purity gaseous nitrogen. The main purpose of the facility design and construction, in order to support a leading global semiconductor manufacturers --STMicroelectronics demand back end (testing and packaging) in Muar plant growing.

The new facility , called ECOGAN5 , uses cutting-edge technology, is highly energy-efficient, has cost-effective and reliable equipment that can continuously supply gaseous nitrogen streams.

Thursday, 18 February 2021

BigPay introduces cash top-ups in 2,400 locations across Malaysia to further expand its customer reach

Kuala Lumpur, 17 February 2020 BigPay, the FinTech platform democratising banking  across Southeast Asia, is expanding its range of financial services with the launch of cash  top-up at all 7-Eleven stores across Malaysia. Existing users can now top-up their BigPay  account at any of the over 2,400 7-Eleven locations nationwide. 

“Ensuring that everyone has access to digital banking services is central to our mission and  allowing cash to be seamlessly transferred to a BigPay account is a big step in that direction,”  said Salim Dhanani, Co-Founder of BigPay. “7-Eleven has more locations than most banks  have branches in Malaysia. This gives BigPay a unique advantage when it comes to providing  financial services across the country.”  

Wednesday, 17 February 2021

Freshworks Crosses $300M in ARR and Closes 2020 with Over 40% Year Over Year ARR Growth

Kuala Lumpur, Malaysia 17 February, 2021 —   Freshworks, Inc., the intelligent customer engagement software company, today announced it surpassed $300M in ARR, growing the business by 40% year over year through unprecedented economic times. Freshworks’ record year featured new product offerings, strategic acquisitions to accelerate AI and an expanded executive team to fuel its next phase of growth: the march towards the billion-dollar revenue milestone.

Like everyone, our 2020 plan went out the window when the pandemic hit, but our hard-working team persevered,” said Girish Mathrubootham, Freshworks founder and CEO. Our mission is to create customers for life and during this past year, this goal was put to the test. Our team rose to the challenge and rallied around our customers to help them navigate unknown waters and empower their employees to respond to increasing customer demands. 

Page 10 of 729