Trooperstocks
1 month ago
$STBX NEWS: Starbox Powers 180 Degrees Brandcom with StarboxAI Pro Series, an AI-Driven Expansion into Image, Video, and Live Streaming Content
Starbox Group Holdings Ltd.
Thu, October 24, 2024 at 9:00 AM EDT
In This Article:
STBX
+2.22%
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions, is excited to announce that it has started to support 180 Degrees Brandcom Sdn Bhd (“180”) with its StarboxAI Pro Series software for 180’s branding and advertising business. 180, an indirect subsidiary that is 51% owned by Starbox, is a 4A advertising agency incorporated in 2013 that offers digital marketing, advertising consulting and design services. 180 has maintained long-term relationships, with more than 20% of its existing clients for over 15 years. To enhance service quality, 180 anticipates improving brand engagement by using StarboxAI Pro Series, which provides artificial intelligence (“AI”) powered solutions for image creation, video production, and live streaming alongside data-driven marketing strategies.
Equipped with StarboxAI Pro Series, 180 is expected to have the following new capabilities:
AI-powered Image Creation: Generation of campaign-specific image tailored to brand identity.
AI-powered Video Production: Fast, automated creation of short videos for product promotion and social media.
AI-powered Live Streaming: Real-time engagement with interactive features such as Q&A, purchase guidance, and dynamic content streaming.
These AI-driven tools are expected to enable 180 to generate creative output, offer personalized campaigns, and provide real-time insights to optimize performance.
“Through StarboxAI Pro Series, 180 will be able to join data with creativity to quickly produce engaging campaigns. Since its incorporation, 180 has been pursuing excellence in branding and advertising, serving a diverse portfolio of clients. The adoption of StarboxAI Pro Series reinforces 180’s commitment to deliver outstanding brand experiences through image, video, and live streaming solutions. With this adoption, 180 expects to continue to improve brand engagement in a competitive digital landscape,” said Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox.
About Starbox Group Holdings Ltd
Headquartered in Malaysia, Starbox is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive technology solutions provider within Southeast Asia and also engages in building a cash rebate, advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company’s website: https://ir.starboxholdings.com and WeChat Channels: StarboxTechnologies.
Startbox QR Code
Startbox QR Code
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
For more information, please contact:
Starbox Group Holdings Ltd.
Investor Relations Department
Email: ir@starboxholdings.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/120adab1-f25c-42b0-9b96-4c1534dd2408
ProfitScout
1 month ago
$STBX News: Starbox Launches “StarboxAI VI-Pro - Live Streaming System”: Supporting Starbox’s Merchants in Live Streaming Social Commerce
KUALA LUMPUR, Malaysia, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions, is excited to announce that its wholly owned subsidiary, Starbox Technologies Sdn. Bhd. (“Starbox Technologies”), is launching “StarboxAI VI-Pro - Live Streaming System,” a platform designed to support Starbox’s over 800 existing merchants in their live streaming social commerce efforts. This artificial intelligence (“AI”)-powered system enhances digital interaction and is expected to boost sales performance with automated content creation and real-time engagement tools.
What distinguishes StarboxAI VI-Pro - Live Streaming System is its integration with the Company’s existing cash rebates ecosystem, which currently serves Starbox’s over 2 million existing users. The integration allows merchants to offer real-time cash rebates during live streaming events, creating a seamless experience for merchants and users alike, incentivizing users to engage and purchase products. Starbox Technologies will keep a percentage of the cash rebates generated from successful sales as revenue.
With StarboxAI VI-Pro - Live Streaming System, merchants can broadcast 24/7 on platforms such as WeChat Channels, allowing continuous audience engagement. The system can read out live streaming content, respond to audience questions in real time, and guide the audience toward purchasing products. These features can help merchants provide immersive shopping experiences and are anticipated to increase sales conversion rates.
Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox, remarked: “The launch of StarboxAI VI-Pro - Live Streaming System reflects our commitment to empowering merchants with AI technology. We believe this unique link to our existing cash rebates ecosystem with over 2 million users will enhance the live streaming experience while driving sales. With real-time interaction, 24/7 live streaming, and seamless purchase guidance, merchants may be able to engage customers and expand their market reach.”
This launch aligns with Starbox’s vision to strengthen the social commerce landscape, complementing the recent successful launch of AI-Driven Digital Human System for merchants on WeChat Channels. As demand for personalized and interactive content grows, Starbox expects to continue to introduce innovative solutions to improve how businesses communicate, engage, and succeed in the digital era.
About Starbox Group Holdings Ltd.
Headquartered in Malaysia, Starbox is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive technology solutions provider within Southeast Asia and also engages in building a cash rebate, advertising, and payment solution business ecosystem, targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company’s website: https://ir.starboxholdings.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
For more information, please contact:
Starbox Group Holdings Ltd.
Investor Relations Department
Email: ir@starboxholdings.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
https://www.globenewswire.com/newsroom/ti?nf=OTI1OTc2MyM2NTQzMTAzIzUwMDEyNjM2OQ==
https://ml.globenewswire.com/media/MTM3Yzc0ZGMtNDNkOS00ZWE2LTkxNDgtZDkxZDQ2MmM5NjUxLTUwMDEyNjM2OQ==/tiny/Starbox-Group-Holdings-Ltd-.png
Source: Starbox Group Holdings Ltd.
Trooperstocks
1 month ago
$STBX Leveraging the reach and engagement of WeChat Channels, the cash rebates platform and the AI-Driven Human System offer users instant cash rebates, which are designed to make cross-border shopping more rewarding and efficient. This strategic expansion supports Starbox Technologies’ mission to innovate in the evolving world of e-commerce, particularly through video content, with a focus on the Southeast Asia region.
“This innovative approach aligns with global market trends and supports our expansion efforts, especially in Southeast Asia, significantly expanding Starbox Technologies' cash rebates market reach,” said Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors at Starbox. “By tapping into WeChat Channels’ extensive monthly active user base, we aim to strengthen our global presence and our presence in Southeast Asia, and deliver our cutting-edge solutions to a wider audience.”
ProfitScout
1 month ago
$STBX News: Starbox Launches AI-Driven Digital Human System for Merchants on WeChat Channels, Supporting Its Over 800 Merchants and Over Two Million Existing Users via Live Streaming and Short Videos
KUALA LUMPUR, Malaysia, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Starbox Group Holdings Ltd. (Nasdaq: STBX) (“Starbox” or the “Company”), a service provider of cash rebates, advertising, and payment solutions, is excited to announce that its wholly owned subsidiary, Starbox Technologies Sdn. Bhd. ("Starbox Technologies”), has launched its AI-Driven Digital Human System for merchants on WeChat Channels, supporting over 800 Starbox Technologies' merchants and over two million existing users via live streaming and short videos.
Marking a significant advancement in e-commerce, Starbox Technologies has launched its AI-Driven Digital Human System, enabling merchants to create and publish live streams and short videos on WeChat Channels. This initiative enhances the reach of Starbox Technologies’ existing cash rebate platform by allowing merchants to promote and sell their products through video content.
Merchants can now create content and host live streams using the AI-Driven Digital Human System. Virtual hosts powered by AI can continuously engage consumers with 24/7 availability, forging connections between consumers and brands. Further, the cash rebate platform’s intelligent engine analyzes consumers’ user behavior and delivers personalized video and product recommendations to consumers, which may boost the sales conversion rate and strengthen the cash rebate platform.
Leveraging the reach and engagement of WeChat Channels, the cash rebates platform and the AI-Driven Human System offer users instant cash rebates, which are designed to make cross-border shopping more rewarding and efficient. This strategic expansion supports Starbox Technologies’ mission to innovate in the evolving world of e-commerce, particularly through video content, with a focus on the Southeast Asia region.
“This innovative approach aligns with global market trends and supports our expansion efforts, especially in Southeast Asia, significantly expanding Starbox Technologies' cash rebates market reach,” said Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors at Starbox. “By tapping into WeChat Channels’ extensive monthly active user base, we aim to strengthen our global presence and our presence in Southeast Asia, and deliver our cutting-edge solutions to a wider audience.”
About Starbox Group Holdings Ltd.
Headquartered in Malaysia, Starbox is a technology-driven, rapidly growing company with innovation as its focus. Starbox is aiming to be a comprehensive technology solutions provider within Southeast Asia and also engages in building a cash rebate, advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company’s website: https://ir.starboxholdings.com and WeChat Channels: StarboxTechnologies.
https://ml.globenewswire.com/Resource/Download/7ae660e2-a464-4066-b7ba-043fa9fd385f/wechat.jpg
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
For more information, please contact:
Starbox Group Holdings Ltd.
Investor Relations Department
Email: ir@starboxholdings.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7ae660e2-a464-4066-b7ba-043fa9fd385f
https://www.globenewswire.com/newsroom/ti?nf=OTI1NzgzMSM2NTM3NDg1IzUwMDEyNjM2OQ==
https://ml.globenewswire.com/media/NzQyNWVmMjAtZjg1Ni00ZjIyLWE5MDAtNTJkNWNkNGY4MTU3LTUwMDEyNjM2OQ==/tiny/Starbox-Group-Holdings-Ltd-.png
Starbox Technologies WeChat Channels
Starbox Technologies WeChat Channels
Source: Starbox Group Holdings Ltd.
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