New Alliance Aims to Scale Grocery Logistics for SMEs With Real-Time Tracking, IoT Integration, and Regional Economic ImpactKUALA LUMPUR, Malaysia, July 01, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading e-commerce platform operator, today announced that its subsidiary, Tien Ming Distribution Sdn Bhd (“Tien Ming Distribution”), has entered into a strategic partnership with Taxieco New World Limited (“Taxieco”), a technology-driven logistics soluti ...

Capital Strategy Designed to Strengthen Digital Infrastructure, Enhance Treasury Efficiency, and Accelerate Rollout of Real-Time Data-Driven Retail PlatformKUALA LUMPUR, Malaysia, June 04, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading e-commerce platform operator, today announced the launch of a US$100 million digital asset treasury initiative as a part of a broader strategy to reinforce its digital infrastructure and support the forthcoming laun ...

Initiates roadmap for AI and data-driven platform reveal in Q3 2025; builds on profitability with ecosystem executionKUALA LUMPUR, Malaysia, May 21, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading e-commerce platform operator, today announced a strategic business update on its growth initiatives following the release of its third quarter fiscal 2025 financial results. These results marked a successful turnaround to profitability and progress in rep ...

Reverse Prior-Year Nine-Month Net Loss of $5.0 Million to Modest Net ProfitKUALA LUMPUR, Malaysia, May 15, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a leading e-commerce platform operator, today announced its financial results for the third quarter ended March 31, 2025. Key Financial Highlights Revenue for the third quarter was $0.67 million, a 58% decrease from $1.60 million in the third quarter of fiscal 2024, but increased by 121% quarter-over-quart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM_________ to________ COMMISSION FILE NUMBER 001-4147 Treasure Global Inc (Exact name of registrant as specified in its charter) Delaware 36-4965082 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2025 (State or o ...

Scalable Rollout Targets USD2 to 4 Million in Recurring Annual Revenue Within First YearKUALA LUMPUR, Malaysia, April 16, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), is pleased to announce an exclusive strategic partnership with Mezzofy (Hong Kong) Limited (“Mezzofy”), a market leader in digital coupon management solutions. Under this agreement, Treasure Global becomes the sole distributor of Mezzofy’s platform in Malaysia, positioning the Company to cap ...

KUALA LUMPUR, Malaysia, April 16, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), is pleased to announce an exclusive strategic partnership with Mezzofy (Hong Kong) Limited ("Mezzofy"), a market leader in digital coupon management solutions. Under this agreement, Treasure Global becomes the sole distributor of Mezzofy's platform in Malaysia, positioning the Company to capture approximately USD2 to 4 million in recurring annual revenue within the first 12 mont ...

Core Insights - Treasure Global Inc. (TGL) is launching a strategic initiative to develop an advanced AI cloud infrastructure in Malaysia, capable of supporting AI models with up to one trillion parameters, making it one of the most powerful AI computing environments in Southeast Asia [1][2][3] Group 1: Strategic Initiative - The initiative marks a significant milestone in TGL's expansion into enterprise-grade AI infrastructure, facilitating the development of large language models, computer vision systems, and generative AI applications [2] - The AI cloud platform's development has begun, with phased deployment planned throughout 2025 [2] Group 2: Technological Capabilities - The platform will utilize advanced GPU clusters optimized for large-scale, multi-modal AI workloads, built on DeepSeek's technology, providing high-performance computing for training trillion-parameter models [3] - The global AI infrastructure market is projected to reach USD 60.23 billion in 2025, with a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034 [4] Group 3: Market Demand and Applications - Malaysia is emerging as a regional hub for digital innovation, addressing the growing demand for scalable computing infrastructure across various sectors, including finance, healthcare, education, and logistics [4][11] - TGL's AI cloud platform aims to enhance access to high-performance AI capabilities across multiple sectors [5] Group 4: Partnerships and Agreements - TGL has secured a USD 16 million service agreement with V Gallant Sdn Bhd, redirecting a significant portion of the capital commitment towards the AI cloud platform's design and deployment [5][6] - The agreement is effective through December 2025, with both parties focused on accelerating TGL's role in Southeast Asia's AI infrastructure landscape [6] Group 5: Company Vision - The CEO of TGL emphasized the commitment to building world-class infrastructure to support the shift toward AI-native enterprises, aiming to create long-term value for customers and shareholders [7] - TGL is recognized as a key player in Malaysia's digital economy, with its flagship product, the ZCITY Super App, attracting over 2.9 million registered users as of November 2024 [8]

KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a Nasdaq-listed technology company, today announced a strategic initiative to develop and deploy an advanced artificial intelligent (AI) cloud infrastructure in Malaysia. This new platform will be capable of supporting AI models up to one trillion parameters, positioning it among the most powerful AI computing environments in Southeast Asia. This initiative represents a signific ...

Core Insights - Treasure Global Inc. reported its financial results for Q2 2025, highlighting a strategic shift towards higher-margin operations despite a significant year-over-year revenue decline [1][3][9] Financial Performance - Revenue for Q2 2025 was $0.30 million, a 46% increase from $0.21 million in Q1 2025, but a 96% decline from $6.71 million in Q2 2024 [9] - Gross profit was $0.22 million, up 30% from $0.17 million in Q1 2025, with a gross profit margin of 74%, compared to 83% in Q1 2025 and 5% in Q2 2024 [9] - Net loss narrowed to $0.23 million, reflecting a 76% improvement from $0.95 million in Q1 2025 and an 81% improvement from $1.20 million in Q2 2024 [9] Management Commentary - The CEO emphasized the company's focus on enhancing profitability and operational efficiency, noting a 46% quarter-over-quarter revenue increase and improved cost efficiencies [3] - The CFO highlighted a 76% reduction in net loss compared to the previous quarter and an increase in gross profit margin to 74%, indicating effective cost optimization efforts [4] Operational Updates - The company is advancing a new digital commerce initiative to expand its ecosystem and drive value creation, leveraging technology-driven solutions [5] - Treasure Global is expanding its e-commerce marketplace, allowing businesses to list and fulfill products directly, which supports revenue growth [6] - Following the acquisition of Tien Ming Distribution, the company aims to enhance fulfillment and logistics operations, integrating this acquisition into its supply chain strategy [7] Business Outlook - In the next quarter, the company plans to continue its transformation strategy by enhancing digital commerce initiatives, expanding the e-commerce marketplace, and strengthening logistics through Tien Ming Distribution [10] - The company remains focused on optimizing its business model, diversifying revenue streams, and enhancing operational efficiency [10] Company Overview - Treasure Global is a technology-driven solutions provider specializing in e-commerce, fintech, and digital transformation, with over 2.9 million registered users as of December 2024 [11]