Treasure Global Inc Unveils Ground-breaking AI Robot for TikTok Live Commerce, Revolutionizing E-commerce Experience
October 18 2023 - 8:00AM
Treasure Global Inc (NASDAQ: TGL) (“TGL,” “Treasure Global” or the
“Company”), an innovative technology solutions provider, today
announced a transformative leap in the world of e-commerce with the
introduction of an artificial intelligence (“AI”) robot designed to
conduct extended-hour live commerce sessions on TikTok. This
pioneering development not only propels ZCITY, a subsidiary of
Treasure Global Inc, to new heights but also promises to
revolutionize the way businesses engage with their customers on the
world’s most traffic-intensive live commerce platform.
TikTok Live Commerce: A Lucrative Frontier for
ZCITYThe dawn of TikTok Live Commerce represents a
monumental opportunity for Treasure Global Inc’s subsidiary, ZCITY,
to diversify its revenue streams and showcase its products in an
innovative and engaging manner. With the acquisition of
cutting-edge technology of Tencent, ZCITY has taken a significant
step forward in creating its very own live commerce robot capable
of interacting seamlessly with viewers via chatbox.
Unveiling the Future: ZCITY’s Live Commerce
RobotZCITY’s live commerce robot, powered by advanced AI
technology, will serve as a trailblazing model, demonstrating
products and services in real-time on the TikTok platform. This
innovative approach to marketing not only captures the attention of
the TikTok community but also creates a dynamic and immersive
shopping experience for viewers.
By harnessing the power of AI, this robot can answer queries,
provide product details, and offer personalized recommendations,
ensuring that every customer interaction is tailored to their
needs. Its ability to operate for extended hours on TikTok makes it
a game-changer in the live commerce arena, allowing for
unparalleled reach and engagement.
TikTok: The Epicentre of Live CommerceTikTok’s
status as the world’s highest traffic live commerce platform makes
it the ideal stage for ZCITY to unveil this ground-breaking
technology. With millions of active users daily, TikTok provides an
unrivalled platform to showcase ZCITY’s products and services,
reaching a global audience like never before.
“This is a pivotal moment for Treasure Global Inc and ZCITY,”
said Sam Teo, Chief Executive Officer of Treasure Global Inc. “Our
innovative AI robot will redefine the e-commerce landscape on
TikTok, offering a dynamic and interactive shopping experience that
transcends traditional boundaries. We believe this development will
not only drive significant revenue growth for ZCITY but also set
new standards in the live commerce industry.”
Treasure Global Inc’s commitment to innovation and technological
advancement continues to shape the future of e-commerce, enhancing
the way businesses and customers connect in the digital age.
About Treasure Global IncTreasure Global is a
Malaysian solutions provider developing innovative technology
platforms. Treasure Global has developed two technology solutions:
the ZCITY App, a unique digital ecosystem that transforms and
simplifies the e-payment experience for consumers, while
simultaneously allowing them to earn rewards; and TAZTE, a digital
food and beverage management system providing merchants with a
one-stop management and automated solution to digitalize their
businesses. Treasure Global also acts as a master franchiser in
Southeast Asia for popular restaurant chains, while providing them
with the TAZTE solution. As of September 30, 2023, ZCITY had over
2,600,000 registered users.
For more information, please
visit https://treasureglobal.co/.
Forward Looking StatementsThis press release
may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements are characterized by future or
conditional verbs such as “may,” “will,” “expect,” “intend,”
“anticipate,” “believe,” “estimate” and “continue” or similar
words. You should read statements that contain these words
carefully because they discuss future expectations and plans, which
contain projections of future results of operations or financial
condition or state other forward-looking information.
Forward-looking statements are not guarantees of future
performance, are based on certain assumptions and are subject to
various known and unknown risks and uncertainties, many of which
are beyond the control of the Company, including those set forth in
the Risk Factors section of the Company’s Annual Report on Form
10-K for the fiscal year ended June 30, 2023 filed with the
Securities and Exchange Commission (“SEC”) on September 28, 2023.
Copies of these documents are available on the SEC’s
website, www.sec.gov. These forward-looking statements cannot
be predicted or quantified and consequently, actual results may
differ materially from those expressed or implied by such
forward-looking statements. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
For further information, please contact:
U.S. Investor ContactPhil CarlsonKCSA Strategic
Communicationsir_us@treasuregroup.co
Malaysian Investor
Contactsir_my@treasuregroup.co
Media ContactSue Chuah, Chief Marketing
OfficerTreasure Global Incmediacontact@treasuregroup.co
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