WeLab

Floship Honored With Deloitte Rising Star Award

Retrieved on: 
Monday, January 29, 2024

HONG KONG, Jan. 28, 2024 (GLOBE NEWSWIRE) -- Floship, a leading global circular supply chain solution provider for e-commerce brands, is thrilled to announce that it has been recognized as a Deloitte Rising Star Company awardee at the prestigious Hong Kong’s Technology & Rising Star (HKTF) program.

Key Points: 
  • HONG KONG, Jan. 28, 2024 (GLOBE NEWSWIRE) -- Floship, a leading global circular supply chain solution provider for e-commerce brands, is thrilled to announce that it has been recognized as a Deloitte Rising Star Company awardee at the prestigious Hong Kong’s Technology & Rising Star (HKTF) program.
  • The award was presented to Floship at an exclusive ceremony held last night, marking a significant milestone for the company.
  • Expressing his elation, Floship CEO Joshua Tsui stated, "Receiving the Deloitte Rising Star Award is a tremendous honor for Floship.
  • The award serves as a validation of Floship's commitment to delivering exceptional value to its clients and establishing a growing global presence.

Indonesia Alternative Lending Business Report 2023: Market is Expected to Grow by 31.7% to Reach $6.51 Billion in 2023 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 21, 2023

Alternative lending market in Indonesia is expected to grow by 31.7% on an annual basis to reach US$ 6.51 billion in 2023.

Key Points: 
  • Alternative lending market in Indonesia is expected to grow by 31.7% on an annual basis to reach US$ 6.51 billion in 2023.
  • Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 17.8% during 2023-2027.
  • The alternative lending market in the country will increase from US$ 4.94 billion in 2022 to reach US$ 12.56 billion by 2027.
  • These developments point to a period of robust growth for the alternative lending market in Indonesia in the next five years.

Indonesia Alternative Lending Business Report 2023: A $12.56 Billion Market by 2027 - Digital Lenders are Expected to Launch New Lending Solutions to Meet Diverse Consumer Needs

Retrieved on: 
Tuesday, November 21, 2023

Alternative lending market in Indonesia is expected to grow by 31.7% on an annual basis to reach US$ 6.51 billion in 2023.

Key Points: 
  • Alternative lending market in Indonesia is expected to grow by 31.7% on an annual basis to reach US$ 6.51 billion in 2023.
  • Alternative lending adoption is expected to grow steadily over the forecast period, recording a CAGR of 17.8% during 2023-2027.
  • The alternative lending market in the country will increase from US$ 4.94 billion in 2022 to reach US$ 12.56 billion by 2027.
  • As a result, the publisher expects alternative lending providers to launch new products and solutions catering to the needs of businesses in Indonesia.

Money20/20 Announces Launch of Asia Show for April 2024

Retrieved on: 
Tuesday, August 29, 2023

With Asia emerging at the forefront of global fintech innovation, the introduction of Money20/20 Asia is set to accelerate the momentum, connecting fintech communities to drive progress, growth, and success across the region’s financial ecosystem.

Key Points: 
  • With Asia emerging at the forefront of global fintech innovation, the introduction of Money20/20 Asia is set to accelerate the momentum, connecting fintech communities to drive progress, growth, and success across the region’s financial ecosystem.
  • Money20/20 Asia will gather an exceptional lineup of influential speakers, industry experts, and decision-makers to explore the latest trends, technologies, and strategies shaping the future of fintech and financial services.
  • So I’m delighted that we are now officially welcoming Bangkok and the whole of Asia into our global community.
  • “This is the future of fintech and I’m excited to talk more about the insights of empowering customers with personalized solutions at Money 20/20 Asia.”

2023 Deloitte Hong Kong Technology Fast & Rising Star program opens for applications from fast-growing, innovative local enterprises

Retrieved on: 
Monday, July 24, 2023

HONG KONG, CHINA, July 24, 2023 - (ACN Newswire) - The 2023 Deloitte Hong Kong Technology Fast and Rising Star program is now officially open for applications.

Key Points: 
  • HONG KONG, CHINA, July 24, 2023 - (ACN Newswire) - The 2023 Deloitte Hong Kong Technology Fast and Rising Star program is now officially open for applications.
  • Internationally renowned as "the Oscars for high technology companies", the Deloitte Technology Fast 50 program was founded in 1995 in Silicon Valley and takes place simultaneously every year in more than 30 countries.
  • A sub-program of Deloitte China Technology Fast, Deloitte Hong Kong Technology Fast (HKTF) and Hong Kong Rising Star (HKRS) were launched in 2017 as a platform for fast-growing, innovative local enterprises from vanguard segments including internet, software, new media, new energy, life sciences, and robotics to promote their market eminence, meet successful peers, and connect with banks and VC/PE investors.
  • We are excited to join hands with Deloitte in the Technology Fast program again and we look forward to inspiring more innovative businesses in Hong Kong to aim for success."

Taros Chemicals and Welab Barcelona Announce Strategic Partnership to Provide Clients with Integrated Drug Discovery and Development Services

Retrieved on: 
Wednesday, April 12, 2023

DORTMUND, Germany and BARCELONA, Spain, April 12, 2023 /PRNewswire/ -- Taros Chemicals, a leading German small molecule contract research organization, and Welab Barcelona, Spain's largest drug discovery and development center, today announced a strategic partnership to provide clients with integrated drug discovery and development services spanning from hit generation to pre-clinical development.

Key Points: 
  • The combination of Taros' small molecule contract research and manufacturing capabilities with Welab's longstanding expertise with drug discovery projects in a cutting-edge R&D environment will support clients in getting their end-to-end discovery and development programs delivered.
  • DORTMUND, Germany and BARCELONA, Spain, April 12, 2023 /PRNewswire/ -- Taros Chemicals, a leading German small molecule contract research organization, and Welab Barcelona, Spain's largest drug discovery and development center, today announced a strategic partnership to provide clients with integrated drug discovery and development services spanning from hit generation to pre-clinical development.
  • Dr. Dimitrios Tzalis, CEO at Taros Chemicals comments: "Many of our customers have kept asking our drug discovery experts for genuine native integrated biology services.
  • Establishing this partnership with our Spanish colleagues will now close this gap and provide our clients with an end-to-end portfolio along the execution of their pre-clinical development programs."

Taros Chemicals and Welab Barcelona Announce Strategic Partnership to Provide Clients with Integrated Drug Discovery and Development Services

Retrieved on: 
Wednesday, April 12, 2023

DORTMUND, Germany and BARCELONA, Spain, April 12, 2023 /PRNewswire/ -- Taros Chemicals, a leading German small molecule contract research organization, and Welab Barcelona, Spain's largest drug discovery and development center, today announced a strategic partnership to provide clients with integrated drug discovery and development services spanning from hit generation to pre-clinical development.

Key Points: 
  • The combination of Taros' small molecule contract research and manufacturing capabilities with Welab's longstanding expertise with drug discovery projects in a cutting-edge R&D environment will support clients in getting their end-to-end discovery and development programs delivered.
  • DORTMUND, Germany and BARCELONA, Spain, April 12, 2023 /PRNewswire/ -- Taros Chemicals, a leading German small molecule contract research organization, and Welab Barcelona, Spain's largest drug discovery and development center, today announced a strategic partnership to provide clients with integrated drug discovery and development services spanning from hit generation to pre-clinical development.
  • Dr. Dimitrios Tzalis, CEO at Taros Chemicals comments: "Many of our customers have kept asking our drug discovery experts for genuine native integrated biology services.
  • Establishing this partnership with our Spanish colleagues will now close this gap and provide our clients with an end-to-end portfolio along the execution of their pre-clinical development programs."

Sphering Group Acquires EKA in Germany to Become the EU Market Maker in Chimney & Flue Systems

Retrieved on: 
Wednesday, January 25, 2023

Sphering announces the most important acquisition in the Group history with eka-edelstahlkamine, founded 37 years ago and located in Untersteinach, Germany.

Key Points: 
  • Sphering announces the most important acquisition in the Group history with eka-edelstahlkamine, founded 37 years ago and located in Untersteinach, Germany.
  • With EKA, the business volume step changes by 25% and gives the Group a leading position in the largest European market.
  • EKA brings to the Sphering Group an unrivalled combination of technology and processes for great flue and air-care deliveries from high runners to specials on the German speaking countries.
  • Sphering Group is now present in most of the European territories and continues to push back the boundaries of its operations.

WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta

Retrieved on: 
Monday, September 19, 2022

HONG KONG, Sept. 19, 2022 /PRNewswire/ -- WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK). For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's subsidiary PT Sedaya Multi Investama (Astra Financial). The WeLab-led consortium has drawn wide-spread support from existing and new investors, including Allianz X, Boyu Capital, Horizons Ventures, SCBX Group[1] and TFB (Taipei Fubon Bank) Capital.

Key Points: 
  • For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's subsidiary PT Sedaya Multi Investama (Astra Financial).
  • With the acquisition completed today, WeLab and Astra each holds 49.56% of BJJ shares, becoming the majority shareholders and joint controllers of the bank.
  • This is WeLab's second strategic partnership initiative with Astra since the formation of a fintech lending joint venture, PT Astra WeLab Digital Arta (AWDA), in 2018.
  • WeLab operates in three markets under multiple brands, including WeLend, and WeLab Bank in Hong Kong, various business lines in Mainland China, Maucash and a digital bank in Indonesia.

WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta

Retrieved on: 
Monday, September 19, 2022

HONG KONG, Sept. 19, 2022 /PRNewswire/ -- WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK). For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's subsidiary PT Sedaya Multi Investama (Astra Financial). The WeLab-led consortium has drawn wide-spread support from existing and new investors, including Allianz X, Boyu Capital, Horizons Ventures, SCBX Group[1] and TFB (Taipei Fubon Bank) Capital.

Key Points: 
  • For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's subsidiary PT Sedaya Multi Investama (Astra Financial).
  • With the acquisition completed today, WeLab and Astra each holds 49.56% of BJJ shares, becoming the majority shareholders and joint controllers of the bank.
  • This is WeLab's second strategic partnership initiative with Astra since the formation of a fintech lending joint venture, PT Astra WeLab Digital Arta (AWDA), in 2018.
  • WeLab operates in three markets under multiple brands, including WeLend, and WeLab Bank in Hong Kong, various business lines in Mainland China, Maucash and a digital bank in Indonesia.