Treasure Global Strategically Collaborates with VCI Global and Cogia to Rollout VCIG Secure Cogia Messenger Integrated with Cryptocurrency Wallet for ZCITY’s 3 Million Users
16 Juillet 2024 - 2:36PM
Treasure Global Inc (NASDAQ: TGL) (“Treasure Global” or the
“Company”), a leading technology solutions provider, is thrilled to
announce its collaboration with VCI Global Limited (NASDAQ: VCIG)
(“VCIG”) and Cogia AG (“Cogia”) to strategically plan the rollout
of VCIG Secure Cogia Messenger, an integrated secure messenger
application with a cryptocurrency wallet for the ZCITY App,
enhancing communication and financial services for ZCITY’s 3
million users.
The strategic rollout introduces the VCIG Secure
Cogia Messenger, a secure messenger application that combines
military-grade encryption with an integrated cryptocurrency wallet.
This initiative initially targets Treasure Global's 3 million ZCITY
users, aiming to achieve 1 million active users rapidly. It
effectively addresses the needs of unbanked populations by
providing both secure communication and financial services, while
also offering a robust alternative to existing messaging platforms,
significantly enhancing user privacy and financial
functionalities.
“Our ZCITY Super App is to be a unique digital
ecosystem that revolutionizes and simplifies the e-payment
experience for consumers through advanced AI-powered features. We
are excited to offer our ZCITY users this innovative secure
messaging and payment solution. This aligns perfectly with our
mission to enhance the digital lives of our users and provide them
with valuable, cutting-edge services," said Carlson Thow, CEO of
Treasure Global Inc.
The integrated cryptocurrency wallet allows
ZCITY’s users to efficiently send, receive, and store digital
assets, including cryptocurrency rewards, facilitate secure
communication within the ZCITY community, and enhance privacy,
positioning it as a comprehensive solution for secure communication
and seamless financial transactions.
Dato’ Victor Hoo, Group Executive Chairman and
Chief Executive Officer of VCI Global, said, "This rollout marks a
significant milestone in our partnership with Cogia AG and Treasure
Global Inc. By combining secure messaging with integrated
cryptocurrency functionality, we're providing a comprehensive
solution that addresses both communication privacy and financial
inclusion.”
This strategic initiative leverages VCI Global's
expertise and Cogia AG's advanced secure messaging technology to
drive adoption and growth in the Southeast Asian market. The
intended design creation to unveiling a ZCITY Super App is to
revolutionize secure communication and financial transactions for
millions of users, with a particular emphasis on addressing the
needs of unbanked populations.
Pascal Lauria, Chief Executive Officer of Cogia
AG, said, “Our expertise in secure communication and AI technology
has enabled us to develop a cutting-edge platform. By integrating
it with TGL's ZCITY ecosystem, we're poised to make a significant
impact in the digital communication and fintech sectors.”
The rollout of the ZCITY Super App will be
implemented in phases, starting with a limited group of ZCITY users
and subsequently expanding to the broader user base. This phased
strategy enables the collection of real-time feedback and supports
continuous improvements to the application.
About Treasure Global Inc:
Treasure Global is a leading 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 May 5, 2024, ZCITY App boasts over 2,699,216
registered users.
For more information, please visit
https://treasureglobal.co.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company’s ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
“intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to certain factors, including without limitation, the Company’s
ability to achieve profitable operations, customer acceptance of
new products, the effects of the spread of Coronavirus (COVID-19)
and future measures taken by authorities in the countries wherein
the Company has supply chain partners, the demand for the Company’s
products and the Company’s customers’ economic condition, the
impact of competitive products and pricing, successfully managing
and, general economic conditions and other risk factors detailed in
the Company’s filings with the United States Securities and
Exchange Commission (SEC). The forward-looking statements contained
in this press release are made as of the date of this press
release, and the Company does not undertake any responsibility to
update the forward-looking statements in this release, except in
accordance with applicable law.
For further information, please
contact:
Investor and Media
Contactir_us@treasuregroup.co
Treasure Global (NASDAQ:TGL)
Graphique Historique de l'Action
De Juil 2024 à Août 2024
Treasure Global (NASDAQ:TGL)
Graphique Historique de l'Action
De Août 2023 à Août 2024