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. (NASDAQ: TGL) is a Malaysia-based technology solutions provider that focuses on digital platforms for retail, services, fintech, and digital assets. News about Treasure Global often centers on the development and commercialization of its ZCITY Super App, its OXI Wallet digital asset platform, and its broader fintech and real-world asset tokenization strategy in Southeast Asia.
Company updates highlight operational and strategic milestones, such as user growth on the ZCITY platform, progress on OXI Wallet, and the UNIRWA real-world asset token initiative managed through subsidiary Tadaa Technologies. News releases also cover corporate transactions, including the acquisition of Quarters Elite Advisory Sdn. Bhd., which adds a nationwide financial advisory network intended to support distribution of OXI Wallet and digital asset products.
Investors following TGL news will see frequent coverage of capital markets activity, including registered direct offerings of common stock under a shelf registration statement, the conclusion of an equity line facility, and voluntary lock-up agreements by major shareholders. Regulatory and listing-related developments, such as the company’s 1-for-20 reverse stock split and its subsequent regaining of compliance with Nasdaq’s minimum bid price requirement, are also documented through press releases and Form 8-K filings.
Operational news extends to service and consultancy agreements related to digital currency wallet and exchange platform services, management consultancy, and marketing support, as well as technology purchases such as an AI server. Together, these disclosures provide insight into how Treasure Global is building its fintech and digital-asset ecosystem around ZCITY, OXI Wallet, UNIRWA tokens, and the Quarters Elite advisory network. This news page allows readers to track these developments, capital structure changes, and governance updates over time.
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Treasure Global's ZCITY has announced a collaboration with ZUS Coffee, a tech-enabled Malaysian coffee chain, to offer exclusive incentives for new ZCITY users on coffee purchases from ZUS. This partnership aims to:
- Tap into each other's significant user bases
- Attract new customers to ZCITY
- Grow brand reach and recognition
- Expand market reach
- Offer rewards for consumers
ZCITY currently has over 2.4 million registered users, while ZUS Coffee has 230 coffee outlets in Malaysia, with plans to open over 100 new outlets in 2023. The collaboration aligns with ZCITY's regional expansion plans and its mission to revolutionize everyday expenditures through technology and strategic partnerships.
Treasure Global Inc (NASDAQ: TGL) has announced a strategic partnership with AmBank Group Berhad, one of Malaysia's largest financial services groups. This collaboration aims to expand TGL's consumer reach and support its regional expansion plans by leveraging AmBank's credit card user base.
The partnership agreement allows TGL to offer rewards through promotional campaigns on its ZCITY app when users make payments with AmBank credit cards. This initiative is expected to drive additional users to ZCITY and increase its brand exposure.
Sam Teo, CEO of TGL, stated that this collaboration aligns with the company's goal of transforming and simplifying the e-payment experience for consumers while allowing them to earn rewards. The partnership is part of TGL's strategy to create a fully-fledged reward ecosystem that adopts advanced technology and digital payment solutions.
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