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HKTDC: HK Watch & Clock Fair and Salon de TE conclude

21 September 2022, Mumbai:

Jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & Industries Ltd, the physical shows of the 41st HKTDC Hong Kong Watch & Clock Fair and 10th Salon de TE drew to a successful close.

As of today, the HKTDC has already arranged more than 1,200 business meetings, enabling more global watch and clock traders to explore business opportunities through the fairs' online platform.

HKTDC Deputy Executive Director Sophia Chong said: "Although numerous sectors around the world, including the watch and clock industry, have been hard hit by the pandemic, we are pleased to see that affordable luxury watches are a hot pick in the market, and that watches featuring innovative technologies and sustainable elements are part of the new fashion trend.

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Future Market Insights: Innovation drives Smart Shoe Market

26 September 2022, Mumbai:

Smart Shoe Market Competition Centered at Innovation, Relaunching to Emerge as a Lucrative Trend: FMI Study.

Functionality & Feature Upgrade – Key to Succeed in Smart Shoe Industry.

Key Manufacturers of Smart Shoes Preferring Technological Collaborations, Targeting New Product Launches.

With leading manufacturers of smart shoes concentrating on enhancing overall customer experience by investing more efforts in improving the cushioning effect, stability, road-holding ability, breathability, shock absorption, and lightweight, the report is anticipating more innovation in the smart shoe industry, translating into higher traction for innovative offerings in the smart shoe category.

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SOPA: Building a Loyalty-Driven E-Commerce Platform

08 September 2022, Mumbai:

Society Pass Inc. ("SoPa") - Building a Loyalty-Driven E-Commerce Platform in Southeast Asia.

SoPa's business model is based upon acquiring smaller e-commerce companies with high growth potential at a relatively low cost and expanding its user base across a robust product and service ecosystem.  

Society Pass Inc. ("SoPa"), founded in 2018 and based in Singapore, operates e-commerce platforms in Southeast Asia ("SEA").

As of August 2022, SoPa has amassed more than 3.3 million registered consumers and over 205,700 affiliated merchants and brands. Second-quarter 2022 revenues of approximately $500,000 reflect the nascent stage of its platform rollout.


As a digitally-focused loyalty and data marketing ecosystem in Vietnam, Indonesia, Philippines, Singapore and Thailand and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals.  

Argus Research believes that this open-loop loyalty program differentiates Society Pass from other regional competitors.

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