Trident Digital Tech forges e-commerce partnershi

SINGAPORE - Trident Digital Tech Holdings Ltd (NASDAQ:TDTH), a Singapore-based firm specializing in technology optimization and Web 3.0 services, has announced a strategic collaboration with Silkoo Dutyfree Limited and Haitu Trade Co., Limited, both key players in the e-commerce market. The company, which maintains an "EXCELLENT" financial health rating according to InvestingPro analysis, aims to leverage this partnership to enhance customer experiences and operational efficiency across Southeast Asia.

The collaboration will focus on several critical areas, including data analytics, strategic planning, supply chain optimization, platform integration, and customer experience enhancement. Trident, which boasts an impressive gross profit margin of nearly 61% and maintains minimal debt relative to equity, brings to the table its Web 3.0-based digital identity platform, Tridentity, which provides secure authentication across its services. Silkoo contributes its e-commerce expertise and presence in five Southeast Asian countries, along with a third-party merchant status on TikTok Global Shop. Haitu offers specialized knowledge in the distribution of beauty and cosmetics products, with a successful presence on Pinduoduo.

Soon Huat Lim, Trident’s Founder, Chairman, and CEO, expressed that this alliance marks a significant milestone in their e-commerce journey, aiming to create a comprehensive digital commerce ecosystem that transcends traditional boundaries.

The collaboration is expected to drive mutual growth through consumer data synergies, coordinated market strategies, and optimized logistics networks. The partnership also seeks to deliver personalized customer experiences that foster loyalty and operational excellence.

Trident, a leader in digital transformation, provides commercial and technological digital solutions to optimize client experiences. Their flagship product, Tridentity, is a blockchain-based identity solution offering secure single sign-on authentication capabilities. Silkoo, engaged in e-commerce and trading, operates the "Shepinport" intellectual property across Southeast Asia. Haitu specializes in online retail and distribution of cosmetics and beauty products, leveraging digital marketplaces to reach a global customer base.

This strategic collaboration is based on a press release statement and involves forward-looking statements that are subject to risks and uncertainties. The actual results could differ materially from those discussed in the forward-looking statements. According to InvestingPro analysis, the company appears undervalued based on its Fair Value calculations, with 12 additional exclusive insights available to subscribers. Investors can access detailed financial metrics, advanced valuation tools, and expert analysis through an InvestingPro subscription.

In other recent news, The9 Limited has formed a joint venture with Chengdu Qing Cheng Network Science and Technology Co., Ltd. to target growth in China’s mobile gaming sector, particularly in lower-tier cities. The9 will hold a 51% majority stake in this venture, while Qing Cheng will own the remaining 49%. This partnership is expected to become The9’s primary subsidiary for mobile game operations and distribution in these emerging markets. Qing Cheng has committed to ensuring an annual profit exceeding RMB80 million (approximately US$11 million) for 2025, with profits projected to increase by at least 50% in 2026 and 2027. The profits, after taxes, will be distributed quarterly as dividends according to the partners’ respective shares. The joint venture aims to leverage Qing Cheng’s distribution channels and strategic partnerships to drive success. The9 has incentivized Qing Cheng by offering restricted shares that will unlock based on the joint venture’s profit achievements. This collaboration reflects The9’s strategic focus on expanding its presence in the mobile gaming industry.

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