Welcome to our dedicated page for Treasure Global news (Ticker: TGL), a resource for investors and traders seeking the latest updates and insights on Treasure Global stock.
Treasure Global Inc. reports developments across its Southeast Asia–anchored technology business, including the ZCITY online-to-offline e-commerce and payment platform, customized software development, merchant digitalisation, loyalty programs, and fintech initiatives. Company news frequently covers platform engagement, e-voucher transaction activity, TAZTE technology redevelopment, OXI Wallet commercialization, and digital-asset treasury actions.
Recurring updates also include quarterly financial results, financing and capital-structure actions, board and executive leadership changes, strategic partnerships, and governance matters. The company’s announcements link operating performance to its digital ecosystem, which combines consumer rewards, merchant services, payment processing, and emerging digital-asset capabilities.
Treasure Global Inc. (NASDAQ: TGL) announced a strategic partnership between its subsidiary Tien Ming Distribution and logistics solutions provider Taxieco to enhance grocery delivery services across Malaysia. The collaboration will integrate Taxieco's IoT technologies, including GPS-enabled T-boxes and real-time data solutions, into Tien Ming's TMGrocer platform.
According to market data, Malaysia's grocery delivery market is projected to reach US$2.50 billion in 2025 and grow to US$4.03 billion by 2030, with a CAGR of 9.9%. The partnership aims to improve operational efficiency and support small business growth through enhanced logistics infrastructure and real-time tracking capabilities.
Revenue decreased 58% YoY to $0.67 million but increased 121% QoQ. Gross profit grew 41% YoY to $0.49 million, with margins expanding to 73% from 14%. The company achieved net income of $1.26 million, reversing a $1.71 million loss from the prior year, including a $1.78 million non-cash gain from derivative liabilities revaluation.
TGL is executing a strategic transformation focusing on high-margin operations, including new enterprise software development services through a partnership with Reveillon Group. The company also plans to acquire a 51% stake in Tien Ming Distribution to enhance supply chain capabilities and is launching a digital coupon platform with Mezzofy in Malaysia.
Treasure Global (NASDAQ: TGL) has secured exclusive distribution rights for Mezzofy's digital coupon platform in Malaysia. The partnership targets USD2-4 million in recurring annual revenue within the first year of rollout.
Mezzofy's cloud-based 'Coupon-as-a-Service' (CaaS) platform has processed over USD40 billion in digital coupon transactions across 15 markets as of 2024, serving major merchants including Starbucks Hong Kong and Sa Sa International. The platform enables instant digital coupon creation and management without infrastructure investment.
The global digital coupon market is projected to reach USD41 billion by 2033, with a CAGR of 18.33% from 2025 to 2033, driven by smartphone adoption and e-commerce growth.
Treasure Global Inc. (NASDAQ: TGL) has announced plans to develop and deploy an advanced AI cloud infrastructure in Malaysia capable of supporting trillion-parameter models. The initiative, leveraging DeepSeek's technology and GPU clusters, positions TGL among Southeast Asia's most powerful AI computing environments.
The development has commenced with phased deployment throughout 2025, supported by a USD16 million service agreement with V Gallant Sdn Bhd signed in 2024. The platform will serve multiple sectors including financial services, healthcare, retail, logistics, and education.
This strategic expansion aligns with the growing AI infrastructure market, projected to reach USD60.23 billion in 2025 with a CAGR of 26.60% through 2034. The platform will enable various applications including risk analytics, diagnostic imaging, demand forecasting, and generative AI tools.
Treasure Global Inc. (NASDAQ: TGL) reported Q2 2025 financial results showing mixed performance. Revenue reached $0.30 million, up 46% quarter-over-quarter but down 96% year-over-year. Gross profit increased to $0.22 million, with margin expanding to 74.0% from 5.0% last year.
The company significantly reduced its losses, with operational loss improving to $0.69 million (36% reduction) and net loss narrowing to $0.23 million (81% improvement year-over-year). Loss per share decreased to $0.01 from $2.22 in Q2 2024.
TGL is advancing its digital commerce initiative and expanding its e-commerce marketplace while leveraging its recent 51% acquisition of Tien Ming Distribution to enhance fulfillment capabilities. The company's strategy focuses on high-margin operations and cost optimization.
Treasure Global Inc (NASDAQ: TGL) has acquired a 51% controlling stake in Tien Ming Distribution through its subsidiary VWXYZ Venture, marking a strategic expansion into Malaysia's FMCG and e-commerce markets. The acquisition leverages Tien Ming's exclusive fulfillment partnership with F&N, targeting 10% of F&N's USD1.16 billion annual sales.
The company projects USD116 million in revenue over the next three years through the distribution of leading household brands including 100PLUS, F&N SEASONS, and Magnolia. The expansion taps into Malaysia's FMCG market, which is expected to reach USD159 billion by 2033 with a CAGR of 3.66% from 2025 to 2033.
The initial investment is RM500,000 (USD110,000), with plans for additional investments up to RM3,000,000 (USD660,000) based on performance. Treasure Global has secured majority board control to ensure strategic alignment and growth execution.
Treasure Global reported Q1 FY2025 financial results showing revenue of $207,371, down from $13.46 million in the prior year's quarter, reflecting a strategic pivot toward high-margin operations. Gross profit improved 6% to $172,172, with margin increasing to 83.0% from 1.2%. Operating loss reduced 58% to $811,677, while net loss narrowed 55% to $950,707. Loss per share improved from $(7.83) to $(0.35). The company, with 2.9 million registered users, continues its transformation focusing on enhancing profitability and streamlining operations through its ZCITY App platform.
Treasure Global Inc (NASDAQ: TGL) has announced a strategic partnership with Octagram Investment (OCTA) to enhance its ZCity e-commerce platform. The collaboration, valued at $2.8 million payable in TGL shares, focuses on integrating innovative mini-game modules to drive user engagement and growth.
OCTA will design and develop tailored modules for ZCity's user base, aligning with the platform's strategy to evolve its digital ecosystem. The partnership aims to provide seamless interaction between users and merchants across multiple services, including activities, travel, goods, and rewards.
OCTA's role extends beyond development to ongoing technical support, ensuring the modules remain fully integrated and functional. The games will comply with data security and privacy regulations, offering a seamless experience across web and mobile platforms.