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Southeast Asia’s “One Stop Shopping Destination” iprice group Receives Seed Funding Worth US$550K from Asia Venture Group

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KUALA LUMPUR, Malaysia, May 21, 2015 /PRNewswire/ — iprice group, a Malaysia-based company has received US$550,000 in funding from Asia Venture Group (AVG) to create the largest online shopping community in South East Asia. As the young Internet population in the region is growing by more than 50% within the next 3 years – according to a report by UBS – it will drive e-commerce volume at least fivefold by 2020. Tapping into this potential, the website already offers more than 3 million products from over 10,000 local and international brands, sourced through trusted online stores.
Discover the latest trends and promotions on iprice
Discover the latest trends and promotions on iprice

Founded in October 2014, Co-founder Heinrich Wendel said that the idea of the website was to create the most delightful online shopping experience by giving shoppers an intuitive and visual way to discover products. “Whereas other sites in the space are all about comparing prices, we focus on narrowing down the vast amount of products to your personal preference. No matter you are looking for a blue and black dress, 3-inch high heels, a solid bag pack, or a classic Chesterfield sofa, we will show you where you can get the best offer.”

Shoppers browse through the millions of products by categories, brands, models and colours, amongst other attributes, to get inspiration. All products are automatically linked to special promotions and coupons that are offered by the respective e-commerce stores. In the future, the company will double down on its machine learning algorithms to further improve the “smart search” and provide individual recommendations according to the user’s browsing behaviour.

Operating from their headquarters in Kuala Lumpur, the company employs talent from all over Southeast Asia, enabling them to address the needs of each local market individually. The service is already live in Singapore (, Malaysia (, Philippines (, Hong Kong (, Thailand (, Indonesia ( and Vietnam ( – with traffic more than doubling every month.

For e-commerce stores, iprice provides invaluable expertise in online marketing, helping them to expand their reach to new markets and grow their customer base. Tito Costa, Managing Director for Zalora Group, Asia’s leading online fashion destination, recognizes iprice as a strong affiliate partner. “iprice helps online shoppers to find what they have been looking for and to discover new products. They send high converting traffic to Zalora across the Southeast Asia region and drive our revenue significantly,” he said.

About iprice group

iprice group is the one stop shopping destination that allows consumers to easily find any product online, in an intuitive and visual fashion. Since October 2014, the platform has established itself as leader in the segment across seven markets: Malaysia, Singapore, Indonesia, Philippines, Hong Kong, Thailand and Vietnam. iprice’s mission is to create the most delightful online shopping experience and aims to provide the widest selection of products across all categories.

About Asia Venture Group

Asia Venture Group (AVG) is a hands-on, private Internet Holding Company that focuses on long-term value creation in South East Asian online markets. Targeting the sweet spots of SE Asian Internet space in chosen verticals by combining: state of the art international know-how and expertise, rigorous execution excellence, the best local partners and international management talent. AVG focuses on digital distribution models and is extremely selective in terms of the companies it supports, which allows strong engagement in day-to-day operations.

For further information, please contact:

Heinrich Wendel

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Source: iprice group

Written by asiafreshnews

May 31, 2015 at 7:44 pm

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Infographic: Deutsche Post DHL Disaster Response deployment in Nepal

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SINGAPORE/PRNewswire/ — Deutsche Post DHL (DPDHL) Group has wrapped up its Disaster Response Team (DRT) deployment in Kathmandu, Nepal just over a month since the first earthquake. The appended infographic summarizes the activities and challenges onsite by the logistics company.

Infographic: Deutsche Post DHL Disaster Response deployment in Nepal
Infographic: Deutsche Post DHL Disaster Response deployment in Nepal

Activated by a request from the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA), the DRT worked closely with Nepalese authorities, the United Nations World Food Programme (WFP), numerous governments, aid agencies and NGOs to improve logistics operations at the Tribhuvan Kathmandu International Airport, with one of its first jobs being to clean up the congested tarmac area of relief supplies.

The DRT program falls under DPDHL Group’s GoHelp initiative, a corporate responsibility program which focuses on disaster management. This GoHelp initiative comprises the “Get Airports Ready for Disaster” (GARD) program and natural disaster response via the DRTs. In a partnership with the United Nations (UN) since 2005, DPDHL Group provides the UN with access to its core competence in logistics, its global network and the know-how of its employees free-of-charge.

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Deutsche Post DHL Group is the world’s leading logistics and mail communications company. The Group is focused on being the first choice for customers, employees and investors in its core business areas worldwide. It makes a positive contribution to the world by connecting people and enabling global trade while being committed to responsible business practices and corporate citizenship. Deutsche Post DHL Group operates under two brands: Deutsche Post is Europe’s leading postal service provider. DHL is uniquely positioned in the world’s growth markets, with a comprehensive range of international express, freight transportation, eCommerce, and supply chain management services. Deutsche Post DHL Group employs more than 480,000 employees in over 220 countries and territories worldwide. The Group generated revenues of more than 56 billion Euros in 2014.

Die Post fur Deutschland. The logistics company for the world.

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Source: DHL

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May 29, 2015 at 6:20 pm

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SSI Announces Agreement to Acquire Assets of MyOpinions Ltd. in Australia And SmileCity Ltd. in New Zealand

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— Transaction Will Make SSI the Leading Online Panel Provider in Both Countries —

SHELTON, Connecticut /PRNewswire/ — SSI takes a major step forward in Australia and New Zealand by entering into a definitive agreement to purchase the assets of two leading panel companies —MyOpinions Ltd. in Australia and SmileCity Ltd. in New Zealand.  The planned acquisition combines these large, high quality panels with SSI’s existing online panel assets to create the richest, most robust online panel in each country.

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For market researchers, this means SSI will soon offer broader reach and better feasibility than ever before for conducting B2C and B2B research in Australia and New Zealand.  Together with its expert programming and hosting capabilities, SSI will become the clear choice for marketers and researchers looking for a one-stop survey research partner.

The acquisition will strengthen SSI’s leadership position as a global data solutions and technology company, and will align well with an overall company strategy to invest in the Asia Pacific region.  SSI’s expanded presence inAustralia and New Zealand combines industry-leading technology, proven online panelist recruitment techniques and a singular focus on quality to enable the best access to consumers and professionals available.

“Clients will greatly benefit from the size, quality and productivity of our leading panels, and SSI’s unique ability to manage large ANZ B2C and/or B2B trackers,” said SSI President and CEO Chris Fanning.  “We’ve been focused on further strengthening our leadership position in Asia Pacific and the acquisition of these two well-managed companies is an excellent fit with our strategy.”

The MyOpinions Panel has been built over the past 14 years and sets the benchmark for quality online research for a large number of leading research agencies and corporate clients in Australia and overseas.

“SSI is a very well-respected global data and market research technology company that places a premium on respondent experience and delivers high quality product and service to clients,” said Bob Cheng, Founder and Managing Director of PermissionCorp, the parent company of MyOpinions and SmileCity.  “We are pleased to see our businesses join the SSI network because we know SSI will take great care of the panel assets and team we’ve built.  SSI is committed to continuing our philosophy of delivering value to our clients.”

SmileCity Ltd., established in 2003, is an online rewards program exclusively for New Zealanders.

Both MyOpinions Ltd. and SmileCity Ltd. are owned by parent company PermissionCorp.

The majority owner of SSI is HGGC, a leading middle-market private equity firm.

About PermissionCorp Pty Ltd.

PermissionCorp was founded in July 1999 in Sydney, Australia.  Since then the company has grown to become a major force in the online marketing arena, offering permission email marketing, online research, and online shopping loyalty programs and services.  Today, PermissionCorp has offices in Sydney, Melbourne, Aucklandand Taiwan and has a team of more than 70 full-time staff.  PermissionCorp has a network of Websites with a total reach exceeding 3.5 million and with page impressions in excess of 30 million per month.  Clients include major Australian brands and corporations.  For more information on PermissionCorp, please visit

About SSI

SSI is the premier global provider of data solutions and technology for consumer and business-to-business survey research, reaching respondents in 100+ countries via Internet, telephone, mobile/wireless and mixed-access offerings.  SSI staff operates from 30 offices in 21 countries, offering sample, data collection, CATI, questionnaire design consultation, programming and hosting, online custom reporting and data processing.  SSI’s 3,600 employees serve more than 2,500 clients worldwide.  Visit SSI at

About HGGC

HGGC is a leading middle-market private equity firm with over $2.4 billion in cumulative capital commitments. Based in Palo Alto, Calif., HGGC is distinguished by its “Advantaged Investing” model that enables the firm to source and acquire scalable businesses at attractive multiples through partnerships with management teams, founders and sponsors who reinvest in deals alongside HGGC, creating a strong alignment of interests. Over its history, HGGC has completed platform investments, add-on acquisitions, recapitalizations and liquidity events with an aggregate transaction value of more than $10 billion, representing more than 45 transactions.  More information is available at

Source: SSI

Written by asiafreshnews

May 29, 2015 at 5:36 pm

Posted in Uncategorized

International Gemological Institute (IGI) Hong Kong certifies record-breaking, world’s largest colorless grown diamond

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HONG KONG/PRNewswire/ — IGI Hong Kong reports that this week it certified what it believes is the world’s largest HPHT-grown colorless diamond, a 10.02 carat Square Emerald Cut. Click here to view rotating stone ( The stone was fashioned from a record-breaking, 32.26 Ct. piece of man-made rough, grown by St. Petersburg-headquartered New Diamond Technology LLC, in less than 300 hours.

The laboratory certified the Type IIa stone as VS1 clarity, E color, with a Very Good-Excellent finish grade. This follows only two months after IGI certified a 5 carat Radiant Brilliant and 4 carat Cushion Brilliant at its Hong Konglaboratory – grown by the same company – which were then believed to be the largest man-made diamonds in existence. However, the ever-increasing speed of scientific evolution proved differently.

Marc Brauner, co-CEO IGI Worldwide, elaborated that the latest 10 carat stone is unique in all aspects, and that the science and technology behind the processes synthesizing this stone are significantly more advanced than other man-made diamonds currently on the market. The stone’s large size, in combination with the very high color and breathtaking brilliance, will ensure it a prominent place among the pioneers in the diamond industry.

Mr. Tamazi Khikhinashvili, President of New Diamond Technology (NDT), explained that NDT is a leading pioneer in growing diamonds by High Pressure-High Temperature (HPHT) technologies. He added that, since its inception, NDT has been at the vanguard conducting in-depth research in the field of growing Type IIa colorless (D-E-F) and Type IIb (blue) pure single-crystal rough diamonds. Today the company’s state-of-the-art technology enables growing large rough diamonds, both for luxury and high-tech / industrial applications, including jewelry, electronics, semiconductors, sensors, aerospace, optics, medicine, alternative energy, among many others.

Mr. Tamazi is proud to announce that the company plans to unveil the diamond during JCK Las Vegas 2015, the gem and jewelry industry’s most prestigious trade event, at their booth (N⁰ B2408).

About IGI

The International Gemological Institute (IGI) was established in Antwerp in 1975 and is the largest independent gem certification and appraisal institute worldwide, with offices in Antwerp, New York, Hong Kong, India,Bangkok, Tokyo, Dubai, Tel Aviv, Cavelese, Toronto, Los Angeles and Shanghai. In India, IGI has three laboratories in Mumbai and one each in Kolkata, New Delhi, Thrissur, Surat, Chennai, Ahmedabad andHyderabad. IGI is ISO (International Organization for Standardization (ISO) 9001: 2000) certified in four countries. Around the world, IGI certificates bring confidence when buying or selling diamonds, gemstones and jewelry. A certificate from IGI represents the all-important 5th C that no one should be without: Confidence. As the world’s largest independent gem certification and appraisal institute for diamonds, colored gemstones and jewelry, IGI is a standard of excellence for industry professionals and consumers around the globe.

For more information about International Gemological Institute, please visit

About New Diamond Technology

New Diamond Technology (NDT) is a leading pioneer in growing diamonds by High Pressure-High Temperature (HPHT) technologies. During the past 5 years, NDT has been at the vanguard conducting in-depth research in the field of growing Type IIa colorless (D-E-F) and Type IIb (blue) pure single-crystal rough diamonds. Today the company’s state-of-the-art technology enables growing large rough diamonds, both for luxury and high-tech / industrial applications, including jewelry, electronics, semiconductors, sensors, aerospace, optics, medicine, alternative energy, among many others.

For more information about New Diamond Technology, please visit

Jeff Gallagher
Pronto Communications
+852 6285 0607

Source: International Gemological Institute

Written by asiafreshnews

May 29, 2015 at 5:35 pm

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Dunkin’ Donuts Announces Return of Free Donut Offer for Friday, June 5th to Celebrate Global Donut Day

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— Dunkin’ Donuts invites guests across China to enjoy a free donut with the purchase of any beverage on June 5th

CANTON, Mass. /PRNewswire/ — Dunkin’ Donuts, one of the world’s leading baked goods and coffee chains, today announced a sweet deal for donut lovers across China. On Friday, June 5, participating Dunkin’ Donuts restaurants in China and around the world will offer guests a free donut of their choice (while supplies last) with the purchase of any beverage in honor of the brand’s third annual Global Donut Day celebration.

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“Global Donut Day is an event we look forward to every year and we’re pleased to offer our guests around the world this delicious promotion for the third year in a row,” said Chris Fuqua, Vice President, Brand Marketing, Global Consumer Insights & Product Innovation, Dunkin’ Brands. “We’re always looking for ways to surprise and delight our guests on a global scale, and celebrating our donut heritage is a fun way to do that. Our donuts bring happiness to our guests, so we hope our brand’s offer of a free donut with the purchase of any beverage on June 5th spreads even more joy worldwide.”

The special Global Donut Day offer for a free donut with the purchase of any beverage is available at participating Dunkin’ Donuts restaurants across China.

In addition, participating Dunkin’ Donuts restaurants around the world will also be featuring a delicious Smiley Face Donut to celebrate the smiles donuts bring to peoples’ faces. The Smiley Face Donut is a filled yeast shell donut decorated with an adorable smiley face. Fillings for the donut will vary by market to cater to local tastes, and include fillings such as Jelly, Bavarian Kreme and Chocolate Kreme.

For 65 years, Dunkin’ Donuts has been a leader in the donut category, and last year sold more than 2.8 billion donuts and MUNCHKINS® donut hole treats at its more than 11,300 restaurants in 37 countries around the world. It offers an extensive variety of delicious and creative donuts, including beloved flavors such as Boston Kreme, Glazed and Chocolate Frosted.

About Dunkin’ Donuts
Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. Dunkin’ Donuts is a market leader in the hot regular/decaf/flavored coffee, iced coffee, donut, bagel and muffin categories. Dunkin’ Donuts has earned the No. 1 ranking for customer loyalty in the coffee category by Brand Keys for nine years running. The company has more than 11,300 restaurants in 37 countries worldwide. Based in Canton, Mass., Dunkin’ Donuts is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies. For more information, visit

Source: Dunkin’ Donuts

Written by asiafreshnews

May 29, 2015 at 5:14 pm

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Merck Serono as Pioneer in Assisted Reproductive Treatments Takes Leading Role in Fertility Technologies Signing a Global Collaboration Agreement with Genea Biomedx

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DARMSTADT, Germany /PRNewswire/ —

  • Global collaboration to extend the portfolio of Merck Serono, a leading company in fertility treatment, in the growing market of fertility technologies to support standardization and improve fertility outcomes
  • Merck receives global marketing and commercialization rights for three key innovative technologies, as well as pipeline of future products
  • Investing into innovation beyond drugs is currently seen as a key lever for improving outcomes

Merck, a leading company for innovative and top-quality high-tech products in healthcare, life science and performance materials, today announced the global collaboration agreement with the fertility technologies expert Genea Biomedx, an Australian company, dedicated to advancing fertility science and helping couples create families. With this partnership, Merck Serono, the biopharmaceutical business of Merck, and global market leader in drugs for Assisted Reproductive Treatment (ART), receives global marketing and commercialization rights to Genea Biomedx’s product portfolio. This comprises the innovative Gavi, Geri and Gems product lines which are expected to receive CE mark in Europe shortly, as well as a joint development pipeline.


Gavi will be the world’s first fully automated vitrification instrument, focusing on lab processes with the aim of reducing potential errors and increasing efficiency in cryopreservation of embryos and in the future for oocytes (eggs). Geri is a benchtop incubator fitted with a time-lapse camera to capture images of embryos as they develop and individually controlled incubation chambers per patient to minimize disruptive events to the early-stage embryo. Gems is the latest generation of Genea’s culture media allowing for high quality embryo cultivation.

The collaboration is part of the company’s strategy to provide the best fertility solutions to its customers to increase success rates. With the global rights to these three product lines and future developments, Merck Serono is expanding its market position, offering key potentially outcome improving technologies to support standardization, automation and objectivity. To further strengthen this position, Merck Serono will closely collaborate with Genea Biomedx to jointly develop other innovative technology products and services, and have formed a development hub to pave the way for further improvements for the patient.

“As a pioneer in reproductive health, we are continuously seeking to extend our product portfolio to bring innovative science and services to the fertility community,” explained Belén Garijo, Member of the Executive Board of Merck and CEO Healthcare. “There is significant need for improved technologies in fertility treatment, since the majority of issues in ART are beyond drug therapy. The key priority of our Fertility Technologies unit at Merck Serono is to advance our fertility portfolio beyond drugs and to enable innovation in technologies and services. Entering a global partnership with Genea will allow Merck to introduce innovative technologies in the ART market, further aiming to improve outcomes throughout the in vitro fertilization process. Merck Serono is dedicated to help patients realize their dream of creating a family.”

“Advancing the science of fertility treatment to improve outcomes and success rates for patients worldwide is Genea’s mission and we are excited that our agreement with Merck helps us continue to bring that aim to fruition,” said Tomas Stojanov CEO of Genea. “The launch of the three products, Gems, Gavi and Geri, is just the beginning of a unique collaboration between our two companies which will deliver innovative, high-technology products and thinking to fertility clinics around the world.”

The collaboration showcases both companies’ commitment to improve fertility treatment. Both Merck Serono and Genea Biomedx have a strong heritage in fertility treatment and will build on this expertise to invent and develop innovative fertility technologies. The collaboration is effective from May 1, 2015. Financial details of the agreement are not being disclosed.

Genea Biomedx

Genea Biomedx creates and manufactures practical, accessible and precise fertility technologies that help standardise and automate fertility treatment. Its unique relationship with Genea Fertility means that Genea Biomedx is a manufacturer that truly understands the customers’ perspective. As a result Genea Biomedx has developed the world’s first automated vitrification instrument, and has other projects well advanced in the product pipeline.

Gavi, Geri and Gems

  • Gavi – will be the world’s first automated vitrification instrument; Vitrification is a process used in IVF to preserve human egg cells (oocytes) or embryos by cooling them to deep sub-zero degrees. Approaching the process in an innovative way, Gavi uses an automated, standardized protocol aiming to provide consistent results in blastocyst vitrification.
  • Geri – a benchtop incubator with individually controlled incubation chambers per patient to minimize disruptive events to the early-stage embryo. It also incorporates a time-lapse camera to capture images of embryos as they develop.
  • Gems – the latest generation of Genea’s culture media for embryo cultivation.

Merck Serono

Merck Serono is the biopharmaceutical business of Merck. With headquarters in Darmstadt, Germany, Merck Serono offers leading brands in 150 countries to help patients with cancer, multiple sclerosis, infertility, endocrine and metabolic disorders as well as cardiovascular diseases. In the United States and Canada, EMD Serono operates as a separately incorporated subsidiary of Merck Serono.
Merck Serono discovers, develops, manufactures and markets prescription medicines of both chemical and biological origin in specialist indications. We have an enduring commitment to deliver novel therapies in our core focus areas of neurology, oncology, immuno-oncology and immunology.
For more information, please visit

All Merck Press Releases are distributed by e-mail at the same time they become available on the Merck Website. Please go to to register online, change your selection or discontinue this service.

Merck is a leading company for innovative and top-quality high-tech products in healthcare, life science and performance materials. The company has six businesses – Merck Serono, Consumer Health, Allergopharma, Biosimilars, Merck Millipore and Performance Materials – and generated sales of around EUR 11.3 billion in 2014. Around 39,000 Merck employees work in 66 countries to improve the quality of life for patients, to foster the success of customers and to help meet global challenges. Merck is the world’s oldest pharmaceutical and chemical company – since 1668, the company has stood for innovation, business success and responsible entrepreneurship. Holding an approximately 70% interest, the founding family remains the majority owner of the company to this day. Merck, Darmstadt, Germany, holds the global rights to the Merck name and brand. The only exceptions are Canada and the United States, where the company operates as EMD Serono, EMD Millipore and EMD Performance Materials.

Source: Merck Serono

Written by asiafreshnews

May 29, 2015 at 5:01 pm

Posted in Uncategorized

ChinaCache’s New HPCC Platform Assisting Cloud Service Transformation

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BEIJING /PRNewswire/ — The development of the Internet and mobile Internet has given rise to heavyweight Internet companies and a large number of mobile Internet applications. The diversified applications, a variety of terminals, spread across network access, complex network environment, and the increase of user expectation in network quality all set higher requirements on CDN service providers. Some of the challenges to the CDN market are the ability to scale operations, assisting customers in order to make speedy distributions and the continually evolving Internet.

ChinaCache, the leading total solutions provider of Internet content and application delivery services in China, has taken technology research and development as its first competitive strength, constantly leading the industry’s technology improvements with proactive innovations, optimized services, and a superior R&D team. In 2015, ChinaCache officially launched its next generation of CDN base core platform based on efficient cloud computing technology — HPCC (High Performance Cloud Cache) platform. The HPCC platform has core functions such as a distributed system, separated business storage, node resource pooling, content intelligent awareness.  It also can increase its stability and availability by about 3%, improve response delay by 5% to 10%, while greatly optimizing the overall operating management efficiency, and improving delivery capacity.

The HPCC platform offers service for ChinaCache’s core business such as page viewing acceleration, file distribution/downloading, video streaming media, mobile Internet, reducing resource costs and improving user experience. Due to its flexible caching mode and faster adaptability to changes, the HPCC platform can fully increase various performance indicators.

Cache clustering — lowering customer cost

The HPCC platform features cache clustering, using personalized service of hierarchical caching. This can not only achieve sharing of all channel resources to ensure the balance of equipment flow by having each node resource utilization rate fluctuate by 10% at most, but also enables the number of single node file storage to exceed 1 billion, which means increasing access hit ratio by 20% and increasing hit rate by 10%. This way customer costs can be lowered significantly.

High availability, fault tolerance against super faults

The HPCC platform offers high availability and high performance. Its comprehensive time delay function and superior fault tolerance capacity, in the case of sudden burst of mass customer traffic, can respond quickly and with ease, to minimize negative effects on users due to some operations such as equipment downtime. At the same time, it can also make real-time tracking and analysis of user access hotspots and establish memory databases, to better analyze customer’s network demands, provide technical support for more diverse customers, and achieve great service with high quality.

Resource allocation optimization, achieving efficient management

The HPCC platform carries out major node deployment through resource integration of original fragmented nodes, thus effectively improving major node input and output capability, and reducing network transmission pressure due to minor node congestion. At the same time, the HPCC platforms and integrates internal resources to achieve automation platform operation management and enhance output efficiency of each link. With comprehensive optimization deployment and resource allocation, the HPCC platform has improved customer delivery capacity and service response speed.

The official launch of the HPCC platform is a significant step for ChinaCache to step into the CDN cloud era, also indicating that ChinaCache has thoroughly completed the transformation of its CDN cloud distribution platform. ChinaCache will start its strategic cooperation with many enterprises in the cloud field through the HPCC platform, to have the complete solution applied on the client’s side and provide a more stable and efficient network operation service with its more flexible caching mode and faster adaptability to changes.

Source: ChinaCache

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May 29, 2015 at 4:46 pm

Posted in Uncategorized