ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Presto Partners VSING in Loyalty Points Collaboration



PETALING JAYA, Malaysia, May 30, 2023 - (ACN Newswire) - Presto, a Loyalty Ecommerce Redemption and solutions provider, PUC Berhad's ('PUC' or the 'Group') e-commerce app aggregator and payments platform, is pleased to announce a loyalty collaboration with VSING to provide VSING members even more value for their loyalty points.

Mr. Cheong Chia Chou, Group Managing Director and Chief Executive Officer of Presto;
Mr. Vincent Teoh, Founder and Chief Executive Officer of VSING [L-R]


VSING is a music-driven social entertainment platform with a presence in Malaysia, Singapore and Hong Kong. There are 12 outlets in Malaysia located in Klang Valley, Ipoh, Johor, Melaka. Soon, they will be targeting more outlets in other states in Malaysia and in more different countries. As of today, VSING has a user base exceeding 80,000 individuals.

Presto platform comprises e-commerce loyalty redemption platform, electronic money, and also brings together more than 10million loyalty members through various loyalty points aggregation. In addition, Presto provides payment services, technology businesses as well as associate companies with businesses in powerbank leasing, digital content, logistic and warehousing aggregator, online general and life insurance products and service aggregator and food delivery services.

The collaboration will enable VSING members to use their V POINT as digital currency in the Presto ecosystem and also allow members to combine their V POINT and other digital payment methods to make payments. The Presto - VSING collaboration will start in mid-June and provide VSING members a range of offerings, including exclusive products and services, from renowned partner brands to independent brands and services. With Presto as a redemption partner, V POINT will act as a digital currency; when making a payment, members may combine V POINT with other digital payment methods if points is insufficient.

Group Managing Director and Chief Executive Officer of Presto, Mr. Cheong Chia Chou (Link) Mr. Cheong Chia Chou, Group Managing Director and Chief Executive Officer of Presto said, "Our vision is to empower customer loyalty rewards with smarter incentives, we aim to provide our business partners a seamless and effective means of managing a loyalty redemption programme. We are delighted to collaborate with VSING and welcome their members onboard the Presto platform."

"VSING members can now unlock a world of possibilities and choose rewards as the Presto ecosystem has more than 20,000 products and services that they can redeem. The expanded selection covers everything from home and living to electronic gadgets or indulgent services. This will make the VSING loyalty programme even more attractive."

Mr. Vincent Teoh, Founder and Chief Executive Officer of VSING said, "We look forward to the collaboration going live in mid-June and we are sure our members are also looking forward to a bigger world of possibilities. We are always seeking opportunities to enhance our loyalty programme while offering a mobile application that revolutionises the way people communicate and interact. This is supported by unique features, including a powerful song selection system, interactive gifting options, and an exclusive membership tiering system."

Presto: https://www.prestouniverse.com/my/E-Commerce

Source: Presto

Copyright 2023 ACN Newswire . All rights reserved.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.