NEW YORK and KUALA LUMPUR, Malaysia, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is pleased to announce the appointment of two new independent directors, Mr. Leong Wei Ping and Mr. Anand Ramakrishnan to its Board. This strategic move underscores the Company's ongoing efforts to strengthen its leadership team and enhance its corporate governance as it continues to scale its operations and expand its global presence. Mr. Leong Wei Ping currently serves as an Executive Director at Asia Television Holdings Limited, which he joined in 2020. In this capacity, he is primarily responsible for
NEW YORK and KUALA LUMPUR, Malaysia, June 14, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, today announced the appointment of Mr. Carlson Thow as its new Chief Executive Officer, succeeding Mr. Sam Teo, who has resigned from his position. Mr. Thow, previously the Group Chief Legal Officer of Nasdaq-listed VCI Global Limited (NASDAQ:VCIG), brings extensive expertise in corporate leadership, business strategy, and driving successful business transformations. During his tenure at VCI Global Limited, Mr. Thow played a pivotal role in guiding the company through a successful transition from a private
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NEW YORK and KUALA LUMPUR, Malaysia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, had on November 14, 2024 announced its financial results for the first quarter ended September 30, 2024. Key Financial Highlights Revenue for the first quarter was $207,371, compared to $13.46 million for the prior year's quarter, reflecting the Company's ongoing pivot toward high-margin business models and deliberate scaling down of low-margin operations. This strategic pivot is expected to benefit long-term revenue quality and stability.Gross profit improved by 6% to $172,172, with the gross profit margin
Reported Gross Profit of Approximately $0.22 Million for Third Quarter Fiscal 2024, up 47% Year-Over-Year Secured a USD$2 million marketing contract aimed to promote prestigious Korean beauty products using its advanced AI Marketing Engine, strategically leveraging the vast revenue potential of the Malaysian and Southeast Asia beauty market Emerged as Exclusive Partner for AI Blockchain Wallet on Telegram, Paving the Way for New Business Opportunities and Spearheading Innovation in the Blockchain Industry Won the silver trophy for Best eCommerce Solution of the MARKETING-INTERACTIVE Asia eCommerce Awards 2023 Successfully Regained Compliance with Nasdaq Minimum Bid Price
Hosts conference call on Thursday, May 15, 2024 NEW YORK and KUALA LUMPUR, May 01, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("TGL," "Treasure Global" or the "Company"), an innovative technology solutions provider, today announced that it will report its financial results for the third quarter of fiscal year 2024, which ended on March 31, 2024, after market close on Tuesday, May 14, 2024. The Company will host a conference call and audio webcast the next morning, Wednesday, May 15, 2024, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, Chief Executive Officer of TGL. Event:Treasure Global Third Quarter Fiscal Year 2024 Results Conference CallDate:Wednesday, May 15,
Hosts conference call on Thursday, February 15, 2024 NEW YORK and KUALA LUMPUR, Malaysia, Jan. 31, 2024 (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 second quarter of fiscal year 2024, which ended on December 31, 2023, after market close on Wednesday, February 14, 2024. The Company will host a conference call and audio webcast the next morning, Thursday, February 15, 2024, at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, Chief Executive Officer of TGL and Michael Chan, Chief Financial Officer of TGL. Event:Treasure Global Second Quarter
Increased Registered Users to Over 2.66 Million as of November 6, 2023 Reported Gross Profit of Approximately $0.16 Million for First Quarter Fiscal 2024, up 338% Year-Over-YearUnveiled AI Robot for TikTok Live Commerce, Offering Extended Hours and Personalization of E-Commerce ExperienceLaunched Its ZCITY App Merchant AI Engine in Collaboration with Boost, the Regional Fintech Arm of AxiataAnnounced Partnership with UCSI Hospital to Promote the Malaysia Healthcare Tourism Program, with Revenue Generation Opportunity for TGL NEW YORK and KUALA LUMPUR, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("TGL," or the "Company"), an innovative technology solutions provider,
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. Event:Treasure Global First Quarter Fiscal Year 2024 Results Conference CallDate:Wednesday, November 15, 2023Time:8:30 a.m. Eastern TimeLive Call:+1-877-70
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. Event:Treasure Global Fiscal Year 2023 Results Conference CallDate:Friday, September 29, 2023Time:8:30 a.m. Eastern TimeLive Call:+1-877-704-4453 (Toll Free) or +1-201-389-0920 (Inte
NEW YORK and KUALA LUMPUR, Malaysia, April 25, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("TGI", or the "Company"), an innovative e-commerce platform providing seamless technology enabled solutions for lifestyle needs, today announced that it will report its financial results for the third quarter of fiscal year 2023 ended March 31, 2023, before the market open on Tuesday, May 9, 2023. The Company will host a conference call and audio webcast that morning at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, CEO and Jaylvin Chan, CFO. Event:Treasure Global Third Quarter Fiscal Year 2023 Results Conference CallDate:Tuesday, May 9, 2023Time:8:30 a.m. Eastern TimeLive Call:
NEW YORK and KUALA LUMPUR, Malaysia, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("TGI", or the "Company"), an innovative e-commerce platform providing seamless technology enabled solutions for lifestyle needs, today announced that it will report its financial results for the second quarter of the fiscal year 2023 ended December 31, 2022, before the market open on Wednesday, February 15, 2023. The Company will host a conference call and audio webcast that morning at 8:30 a.m. Eastern Time featuring remarks by Sam Teo, CEO and Jaylvin Chan, CFO. Event:Treasure Global Second Quarter Fiscal Year 2023 Results Conference CallDate:Wednesday, February 15, 2023Time:8:30 a.m
NEW YORK and KUALA LUMPUR, Malaysia, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator, had on November 14, 2024 announced its financial results for the first quarter ended September 30, 2024. Key Financial Highlights Revenue for the first quarter was $207,371, compared to $13.46 million for the prior year's quarter, reflecting the Company's ongoing pivot toward high-margin business models and deliberate scaling down of low-margin operations. This strategic pivot is expected to benefit long-term revenue quality and stability.Gross profit improved by 6% to $172,172, with the gross profit margin
NEW YORK and KUALA LUMPUR, Malaysia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading e-commerce platform operator through its ZCity application, today announced the signing of a significant partnership agreement with Octagram Investment Limited ("OCTA"), a software development firm specializing in scalable solutions across various sectors. This strategic collaboration aims to enhance user engagement and drive growth through the integration of innovative mini-game modules into the ZCity platform. This collaboration aims to drive growth and enhance user engagement through the integration of innovative technology modules into
NEW YORK and KUALA LUMPUR, Malaysia, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is pleased to announce that it has completed its previously disclosed at-the-market equity offering program ("ATM Offering") launched on March 22, 2024, and the termination of the same with H.C. Wainwright & Co., LLC, as sales agent on September 25, 2024. The ATM Offering was initiated to offer common shares totaling US$2,990,900 from time to time, and as of the termination date, the Company has sold 1,678,307 of its common shares and raised the maximum total gross proceeds of US$2,990,162.32 before deducting
NEW YORK and KUALA LUMPUR, Malaysia, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is pleased to announce the appointment of two new independent directors, Mr. Leong Wei Ping and Mr. Anand Ramakrishnan to its Board. This strategic move underscores the Company's ongoing efforts to strengthen its leadership team and enhance its corporate governance as it continues to scale its operations and expand its global presence. Mr. Leong Wei Ping currently serves as an Executive Director at Asia Television Holdings Limited, which he joined in 2020. In this capacity, he is primarily responsible for
NEW YORK and KUALA LUMPUR, Malaysia, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, today announced that it has submitted a request to withdraw its S-1 Registration Statement originally filed with the U.S. Securities and Exchange Commission (SEC) on July 26, 2024. The Registration Statement has not been declared effective by the SEC, and no securities have been sold in connection with the offering described in the Registration Statement. This strategic move is in response to current market conditions, including recent declines in the Company's share prices. Withdrawing the S-1 Registration
NEW YORK and KUALA LUMPUR, Malaysia, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is pleased to announce plans to integrate TikTok Shop with ZSTORE, an online store offering a wide range of groceries within the ZCITY Super APP ("ZCITY"). This integration will enable the Company to showcase and sell products directly within the TikTok Shop, a video-focused social media platform with over 150 million viewers. The integration with TikTok Shop represents a strategic advancement for the Company, driving its globalization efforts and significantly broadening the market reach of ZSTORE. By tappi
Preliminary pro forma revenue is expected to reach approximately $22.1 million.Preliminary pro forma loss from operations is expected to decrease by approximately $4.6 million.Preliminary pro forma net loss attributable to common stockholders is expected to decrease by approximately $5.5 million NEW YORK and KUALA LUMPUR, Malaysia, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, today announced its preliminary pro forma results for the fiscal year ended June 30, 2024. On a preliminary and pro forma basis, the Company anticipates reporting total fiscal year 2024 revenue of approximately $22.1
NEW YORK and KUALA LUMPUR, Malaysia, July 16, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is thrilled to announce its collaboration with VCI Global Limited (NASDAQ:VCIG) ("VCIG") and Cogia AG ("Cogia") to strategically plan the rollout of VCIG Secure Cogia Messenger, an integrated secure messenger application with a cryptocurrency wallet for the ZCITY App, enhancing communication and financial services for ZCITY's 3 million users. The strategic rollout introduces the VCIG Secure Cogia Messenger, a secure messenger application that combines military-grade encryption with an integrated cryptocurrenc
KUALA LUMPUR, Malaysia, July 01, 2024 (GLOBE NEWSWIRE) -- ZCITY Sdn Bhd ("ZCITY" or the "Company"), the fully-owned subsidiary of Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "TGI"), a leading technology solutions provider, is pleased to announce its strategic partnership with Ezytronic Sdn Bhd ("Ezytronic") to develop and support Artificial Intelligence (AI) Graphics Processing Unit (GPU) rental services. This collaboration represents a significant step in ZCITY's efforts to enhance its technological offerings and meet the increasing demand for high-performance computing resources. The partnership is expected to increase revenue streams for ZCITY by capitalizing on the rapi
NEW YORK and KUALA LUMPUR, Malaysia, June 25, 2024 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is pleased to announce the appointments of Mr. Henry Chai, as Chief Operating Officer (COO), and Ms. Sook Lee Chin, as Chief Financial Officer (CFO), marking a strategic move by the Company to usher in a new phase of growth and innovation. "With a focus on revitalizing the company's vision and strategy, this leadership team is poised to drive success in the fast-paced technology landscape and guide our Company towards new business ventures, including the incubation of innovative technology projects. This stra
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Treasure Global Inc (NASDAQ:TGL) ("Treasure Global" or the "Company"), a leading technology solutions provider, is thrilled to announce its collaboration with VCI Global Limited (NASDAQ:VCIG) ("VCIG") and Cogia AG ("Cogia") to strategically plan the rollout of VCIG Secure Cogia Messenger, an integrated secure messenger application with a cryptocurrency wallet for the ZCITY App, enhancing communication and financial services for ZCITY's 3 million users. The strategic rollout introduces the VCIG Secure Cogia Messenger, a secure messenger application that combines military-grade encryption with an integrated cryptocurrency wallet. This initiative initially targets Treasure Global's 3 million ZC
Gainers CuriosityStream (NASDAQ:CURI) stock moved upwards by 5.9% to $1.25 during Tuesday's after-market session. The market value of their outstanding shares is at $66.9 million. FingerMotion (NASDAQ:FNGR) stock moved upwards by 2.86% to $2.87. The market value of their outstanding shares is at $151.2 million. Moving iMage Technologies (AMEX:MITQ) shares moved upwards by 2.71% to $0.66. The company's market cap stands at $6.7 million. Sify Technologies Limited - Rights expiring 6/21/2024 (NASDAQ:SIFYR) shares increased by 2.71% to $0.14. Zhihu (NYSE:ZH) shares moved upwards by 2.2% to $3.25. The company's market cap stands at $322.6 million. Direct Digital Holdings (NASDAQ:DRCT) share
Gainers Leafly Holdings (NASDAQ:LFLY) stock rose 22.8% to $2.48 during Friday's pre-market session. The market value of their outstanding shares is at $5.8 million. Super League Enterprise (NASDAQ:SLE) shares increased by 10.34% to $1.28. The market value of their outstanding shares is at $8.4 million. Treasure Global (NASDAQ:TGL) shares increased by 8.08% to $4.01. The company's market cap stands at $5.2 million. Gamer Pakistan (NASDAQ:GPAK) stock moved upwards by 7.07% to $0.27. The market value of their outstanding shares is at $6.8 million. TuanChe (NASDAQ:TC) shares rose 4.34% to $2.4. The market value of their outstanding shares is at $4.8 million. Grindr (NYSE:GRND) shares moved