Southeast Asia

Maxim Group: Society Pass (Nasdaq: SOPA) - Despite Challenging Global Macro Environment, Reiterates Positive Outlook on SOPA Based on Strong Revenue Generation and Compelling Valuation

Retrieved on: 
Thursday, November 17, 2022

During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.

Key Points: 
  • During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.
  • Maxim believes Thoughtful Media can market SoPa's other brands and the food delivery and luxury brand businesses can be expanded geographically.
  • - SOPA trades at an EV/revenue multiple of 0.5x Maxim 2023 revenue estimate with over half of its market cap in cash.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Maxim Group: Society Pass (Nasdaq: SOPA) Despite Challenging Global Macro Environment, Reiterates Positive Outlook on SOPA Based on Strong Revenue Generation and Compelling Valuation

Retrieved on: 
Thursday, November 17, 2022

During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.

Key Points: 
  • During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.
  • Maxim believes Thoughtful Media can market SoPa's other brands and the food delivery and luxury brand businesses can be expanded geographically.
  • SOPA trades at an EV/revenue multiple of 0.5x Maxim 2023 revenue estimate with over half of its market cap in cash.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

ICIS MEETS IOSCO'S PRA PRINCIPLES FOR THE TENTH CONSECUTIVE YEAR

Retrieved on: 
Monday, November 7, 2022

LONDON, Nov.7, 2022 /PRNewswire/ -- ICIS, a global source of commodity intelligence, today announced that the independent assurance review of its price reporting business has been successfully completed for the tenth consecutive year.

Key Points: 
  • LONDON, Nov.7, 2022 /PRNewswire/ -- ICIS, a global source of commodity intelligence, today announced that the independent assurance review of its price reporting business has been successfully completed for the tenth consecutive year.
  • The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.
  • IOSCO's PRA principles are an essential ingredient in our benchmarks, assuring our commitment to transparency and objectivity.
  • A full report detailing how ICIS has met the IOSCO PRA Principles can be found here .

ICIS MEETS IOSCO'S PRA PRINCIPLES FOR THE TENTH CONSECUTIVE YEAR

Retrieved on: 
Monday, November 7, 2022

LONDON, Nov.7, 2022 /PRNewswire/ -- ICIS, a global source of commodity intelligence, today announced that the independent assurance review of its price reporting business has been successfully completed for the tenth consecutive year.

Key Points: 
  • LONDON, Nov.7, 2022 /PRNewswire/ -- ICIS, a global source of commodity intelligence, today announced that the independent assurance review of its price reporting business has been successfully completed for the tenth consecutive year.
  • The Price Reporting Agency (PRA) principles are set out by the International Organization of Securities Commissions (IOSCO) to ensure that commodity benchmark price reporting meets the highest standards.
  • IOSCO's PRA principles are an essential ingredient in our benchmarks, assuring our commitment to transparency and objectivity.
  • A full report detailing how ICIS has met the IOSCO PRA Principles can be found here .

The World's Largest Plastic Waste Pyramid Has Landed in the Egyptian Desert

Retrieved on: 
Thursday, November 3, 2022

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The world's largest plastic waste pyramid has been revealed in Egypt today ahead of COP2 y7 in Sharm el-Sheik. The unveiling marks the beginning of a movement called the 100YR CLEANUP - an initiative led by zero-waste company Zero Co and mission-led wine The Hidden Sea. It seeks to fund large-scale clean ups for the next 100 years and drive accountability for the single-use plastic problem.

Key Points: 
  • It seeks to fund large-scale clean ups for the next 100 years and drive accountability for the single-use plastic problem.
  • 100YR CLEANUP founder, Mike Smith, said: "We can't fix the plastic problem alone, but we can give everyone the ability to take action.
  • The plastic waste pyramid has been built in collaboration with Egyptian Artist Bahia Shehab and Matchstick production company.
  • Stopped 1,561,881 water bottles of plastic being made, used once and thrown away as a result of its world-first pouch cleaning technology .

GuideMe Solutions Accredited to Deliver ICT Services to NSW Government Customers

Retrieved on: 
Thursday, October 20, 2022

The leading WalkMe-focused consultancy is excited to announce that it has been accredited to deliver ICT services to NSW Government customers under the ICT Services Scheme and has been added to the list of approved prequalified suppliers.

Key Points: 
  • The leading WalkMe-focused consultancy is excited to announce that it has been accredited to deliver ICT services to NSW Government customers under the ICT Services Scheme and has been added to the list of approved prequalified suppliers.
  • As an Advanced Registered Supplier, GuideMe Solutions is authorized to respond to and engage in high-risk ICT bids and contracts valued at over $150k with NSW government.
  • This accreditation positions GuideMe Solutions as a key supplier of WalkMe training and enablement services to the NSW government sector.
  • The ICT Services Scheme is part of the NSW Government's efforts to improve procurement practices and increase competition among suppliers.

Zoomcar achieves over 25,000 registered vehicles on its car sharing marketplace

Retrieved on: 
Tuesday, September 27, 2022

BANGALORE, India, Sept. 27, 2022 /PRNewswire/ -- Zoomcar, the leading marketplace for car sharing in emerging markets, today announced it has achieved more than 25,000 registered vehicles on its marketplace platform globally.  

Key Points: 
  • BANGALORE, India, Sept. 27, 2022 /PRNewswire/ -- Zoomcar, the leading marketplace for car sharing in emerging markets, today announced it has achieved more than 25,000 registered vehicles on its marketplace platform globally.
  • Zoomcar achieved this impressive milestone within just 12 months of launching its marketplace.
  • Zoomcar continues to observe an acceleration in this supply growth trajectory as more hosts continue using the platform in an entrepreneurial fashion.
  • Zoomcar is the leading marketplace for car sharing in emerging markets, with over 25,000 cars on its technology-driven platform across India, Southeast Asia and the MENA region.

GuideMe Solutions Goes Live with SharePoint on WalkMe's Solutions Gallery

Retrieved on: 
Wednesday, August 31, 2022

GuideMe Solutions, a leading Digital Adoption and WalkMe focused consultancy, has added its SharePoint Onboarding Process and User Onboarding solution to the WalkMe Solutions Gallery, complementing their current S/4HANA and SAP SuccessFactors solutions.

Key Points: 
  • GuideMe Solutions, a leading Digital Adoption and WalkMe focused consultancy, has added its SharePoint Onboarding Process and User Onboarding solution to the WalkMe Solutions Gallery, complementing their current S/4HANA and SAP SuccessFactors solutions.
  • The WalkMe Solutions Gallery is a collection of pre-built digital adoption templates that can be downloaded into a customer's WalkMe Editor with a single click.
  • We consider WalkMe's Solutions Gallery as a significant step forward and anticipate it to be a valuable tool in realizing that objective," stated Stephen Pech, Founder and Managing Director of GuideMe Solutions.
  • "We are committed to being leaders in WalkMe best practices, and we are thrilled to be pioneers by presenting the first partner solutions to the WalkMe Solutions Gallery.

iCubesWire increases footprint in MENA with Dubai office expansion

Retrieved on: 
Tuesday, August 30, 2022

DUBAI, UAE, Aug. 30, 2022 /PRNewswire/ --iCubesWire, a leading Digital Marketing Ecosystem established in 2010, has strengthened its presence in the MENA region with key hirings and client acquisitions.

Key Points: 
  • DUBAI, UAE, Aug. 30, 2022 /PRNewswire/ --iCubesWire, a leading Digital Marketing Ecosystem established in 2010, has strengthened its presence in the MENA region with key hirings and client acquisitions.
  • In addition, the agency is heavily investing in expanding its Dubai office to increase its footprint in the Middle East.
  • The company's Dubai office, located in the Media City, is headed by Sanjeeda Khan, Co-founder & Chief Growth Officer, along with Divyank Nayal, acting as the Country Head.
  • Carving a niche for themselves in the marketing space, iCubesWire has been consistently investing in R&D and business expansion.

iCubesWire increases footprint in MENA with Dubai office expansion

Retrieved on: 
Tuesday, August 30, 2022

In addition, the agency is heavily investing in expanding its Dubai office to increase its footprint in the Middle East.

Key Points: 
  • In addition, the agency is heavily investing in expanding its Dubai office to increase its footprint in the Middle East.
  • The company's Dubai office, located in the Media City, is headed by Sanjeeda Khan, Co-founder & Chief Growth Officer, along with Divyank Nayal, acting as the Country Head.
  • Sharing his plans for the future, Sahil Chopra, Founder & CEO, iCubesWire, adds, "Our Dubai office and the region is doing exceedingly well, and we look forward to making key acquisitions in the region to strengthen our footprint.
  • Carving a niche for themselves in the marketing space, iCubesWire has been consistently investing in R&D and business expansion.