Associated tags: Ecosystem, TGI, TGL
Locations: SINGAPORE, ASIA, NEW YORK CITY, HONG KONG, BORNEO, EUROPE, NEW YORK, NY, US, POLAND, MALAYSIA
Retrieved on:
Monday, November 27, 2023
NEW YORK and KUALA LUMPUR, Malaysia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL,” or the “Company”), an innovative technology solutions provider, today announced the Company will participate in the Benchmark Company’s 12th Annual Discovery One-on-One Investor Conference to be held Thursday, December 7th, 2023, at the New York Athletic Club in New York City.
Key Points:
- NEW YORK and KUALA LUMPUR, Malaysia, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL,” or the “Company”), an innovative technology solutions provider, today announced the Company will participate in the Benchmark Company’s 12th Annual Discovery One-on-One Investor Conference to be held Thursday, December 7th, 2023, at the New York Athletic Club in New York City.
- TGL’s team will also be available for one-on-one meetings throughout the conference for institutional investors and analysts.
- To schedule a one-on-one meeting with the Company you may submit your request online via the link provided upon registration.
- To register for the conference, please visit https://www.meetmax.com/sched/event_99181/investor_reg_new.html?attendee...
Retrieved on:
Wednesday, November 15, 2023
Ministry,
Perbadanan Nasional Berhad,
Boost,
Food,
TGL,
F&B,
Letter,
Artificial intelligence,
Health,
Foodservice,
Domestic trade,
Partnership,
Department of Tourism (Philippines),
Growth,
Cost,
HBD,
Travel,
Cryptocurrency,
Customer service,
Medical device,
Video game,
Film industry,
Tencent,
Axiata,
Hong Kong NEW YORK and KUALA LUMPUR, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL,” or the “Company”), an innovative technology solutions provider, today reported its financial results for the first quarter of fiscal 2024 ended September 30, 2023, and provided a business update.
Key Points:
- A total of 1.33 million transactions were transacted by our registered users over the first quarter and quarter to date for fiscal year 2024.
- Total revenues for the first quarter ended September 30, 2023, were $13.5 million, compared with $15.6 million for the first quarter in 2023.
- Gross profit for the first quarter 2024 was approximately $0.16 million, a 338% improvement year-on-year, from approximately $0.04 million for the first quarter 2023.
- Net loss of approximately $2.1 million for the first quarter of 2024, compared to $3.7 million for the first quarter of 2023.
Retrieved on:
Monday, November 13, 2023
This strategic move underscores the Company’s unwavering commitment to stabilizing stock prices and enhancing investor confidence.
Key Points:
- This strategic move underscores the Company’s unwavering commitment to stabilizing stock prices and enhancing investor confidence.
- The Lock-up Agreement was endorsed by key stakeholders, including Loke Chee Wai, a director of AI Lab Martech Sdn Bhd, Lim Kok Seng, a Director of Tophill Holdings Sdn.
- According to the terms of the agreement, the signatories have pledged to refrain from any disposition of common stock or securities convertible into shares of Treasure Global Inc for a duration of one year, starting from November 10, 2023.
- The agreement allows for certain exceptions, permitting specific transactions such as gifts, family transfers and inclusion in employee benefit plans.
Retrieved on:
Wednesday, November 8, 2023
NEW YORK and KUALA LUMPUR, Malaysia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL”, or the “Company”), an innovative technology solutions provider, today announced that it will report its financial results for the first quarter of fiscal 2024 ended September 30, 2023, after market close on Tuesday, November 14, 2023.
Key Points:
- NEW YORK and KUALA LUMPUR, Malaysia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL”, or the “Company”), an innovative technology solutions provider, today announced that it will report its financial results for the first quarter of fiscal 2024 ended September 30, 2023, after market close on Tuesday, November 14, 2023.
- The Company will host a conference call and audio webcast the next morning, Wednesday, November 15, 2023, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, CEO and Michael Chan, CFO.
Retrieved on:
Tuesday, November 7, 2023
The first phase of expansion will focus on supplying the high-selling curry puffs to 250 convenience stores in Malaysia.
Key Points:
- The first phase of expansion will focus on supplying the high-selling curry puffs to 250 convenience stores in Malaysia.
- Abe Yus’ F&B group of businesses include the popular “Kari Puffs” from grab and go food carts, as well as the Abe Yus Warung Street food kiosks, Abe Yus Café restaurants, and Abe Yus Marts B2C online e-commerce delivery service.
- In addition, Abe Yus plans to expand further into the Southeast Asian market in the future.
- It undeniably opens up a new revenue channel, strengthening Abe Yus’ brand and bolstering TGL’s future revenue prospects.”
Retrieved on:
Wednesday, November 1, 2023
ZCITY’s enogy, a provider of health and wellness products available in the ZCITY app, will play a significant role in the spearheading of health tourism and stem cell therapies in the Indonesia, Hong Kong and China markets.
Key Points:
- ZCITY’s enogy, a provider of health and wellness products available in the ZCITY app, will play a significant role in the spearheading of health tourism and stem cell therapies in the Indonesia, Hong Kong and China markets.
- Management believes that this partnership will support additional revenue growth from new marketing and strategic alliances within the wellness tourism industry.
- Integrated into Treasure Global’s Wellness Tourism program, stem cell therapies will elevate the well-being of our ZCITY Members,” said Sam Teo, Chief Executive Officer of Treasure Global.
- Through the fusion of stem cell therapies and Wellness Tourism, we are set to embark on a transformative well-being journey," said Andreson J. Yu, Group Chief Commercial Officer of UCSI Healthcare Group.
Retrieved on:
Wednesday, October 18, 2023
The dawn of TikTok Live Commerce represents a monumental opportunity for Treasure Global Inc’s subsidiary, ZCITY, to diversify its revenue streams and showcase its products in an innovative and engaging manner.
Key Points:
- The dawn of TikTok Live Commerce represents a monumental opportunity for Treasure Global Inc’s subsidiary, ZCITY, to diversify its revenue streams and showcase its products in an innovative and engaging manner.
- ZCITY’s live commerce robot, powered by advanced AI technology, will serve as a trailblazing model, demonstrating products and services in real-time on the TikTok platform.
- Its ability to operate for extended hours on TikTok makes it a game-changer in the live commerce arena, allowing for unparalleled reach and engagement.
- “This is a pivotal moment for Treasure Global Inc and ZCITY,” said Sam Teo, Chief Executive Officer of Treasure Global Inc. “Our innovative AI robot will redefine the e-commerce landscape on TikTok, offering a dynamic and interactive shopping experience that transcends traditional boundaries.
Collaborating with Boost, the regional full spectrum fintech arm of Axiata, Treasure Global will leverage the fintech’s extensive network of over 600,000 diverse merchants spanning various industries.
Key Points:
- Collaborating with Boost, the regional full spectrum fintech arm of Axiata, Treasure Global will leverage the fintech’s extensive network of over 600,000 diverse merchants spanning various industries.
- The AI engine will redefine ZCITY’s offering of eVoucher deals, by creating and deploying “Super Deals” eVouchers directly within the ZCITY App within the ZCITY user community.
- The eVoucher deals will undergo a sophisticated personalization process, ensuring they resonate with the specific user that is being targeted.
- The Company expects introduction of the ZCITY App Merchant AI Engine and its collaboration with Boost to be a key revenue driver for Treasure Global Inc. By facilitating the creation of highly personalized eVoucher deals for 2.5 million ZCITY users, this innovation unlocks significant monetization opportunities.
Retrieved on:
Friday, September 29, 2023
Letter,
Partnership,
Travel,
HBD,
Letter of intent,
F&B,
ChatGPT,
LOI,
Ministry,
Data analysis,
Acquisition,
Cost,
Jojo,
Domestic trade,
CFO,
Growth,
TGL,
AI,
Health,
Fiscal,
Cryptocurrency,
Security (finance),
Video game,
Online shopping,
Mobile phone NEW YORK and KUALA LUMPUR, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL”, or the “Company”), an innovative technology solutions provider, today reported its financial results for the fourth quarter and fiscal year ended June 30, 2023.
Key Points:
- Total revenues for the fiscal year ended June 30, 2023, were $69.4 million, compared with $79.7 million for the fiscal year 2022.
- For the fourth quarter 2023, total revenues were $15.1 million, compared to $16.2 million for the same period last year.
- Gross profit for the fiscal year 2023 was approximately $0.52 million, a 9.9% improvement year-on-year, from approximately $0.5 million for the fiscal year 2022.
- Net loss of approximately $11.7 million for the fiscal year 2023, remains the same compared to fiscal year 2022.
Retrieved on:
Thursday, September 14, 2023
NEW YORK and KUALA LUMPUR, Malaysia, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL”, or the “Company”), an innovative technology solutions provider, today announced that it will report its financial results for the fiscal year ended June 30, 2023, after market close on Thursday, September 28, 2023.
Key Points:
- NEW YORK and KUALA LUMPUR, Malaysia, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL”, or the “Company”), an innovative technology solutions provider, today announced that it will report its financial results for the fiscal year ended June 30, 2023, after market close on Thursday, September 28, 2023.
- The Company will host a conference call and audio webcast the next morning, Friday, September 29, 2023, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, CEO and Michael Chan, CFO.
