Following seven years of leading the company through its formative years, Fave co-founder and CEO Joel Neoh will step down.
It is anticipated that Fave co-founder Joel Neoh will step down from his position as CEO around the beginning of March 2023.
Following the sale of his company by Pine Labs, an Indian merchant platform, in 2021, he has made the decision to step down from the Malaysian startup he co-founded. The cost of the acquisition was $45 million US.
Under Neoh's leadership, Fave saw phenomenal expansion, and he is now widely regarded as one of the most successful businesspeople and investors in Southeast Asia.
"I have had the privilege of a lifetime to work with some of the best talents in Southeast Asia to build Fave into a household brand name," Neoh said in a statement. "Today, one out of every three Singaporeans, and millions of consumers across Malaysia, Indonesia, and India use Fave on a daily basis for payments and rewards," Neoh said. "I have had the opportunity to work with some of the best talents in Southeast Asia to build Fave into a household brand name."
In 2015, Fave was initially launched as the fitness club membership service KFit. With Groupon's acquisition of the startup in 2017 across three countries in Southeast Asia, the company began to gain traction and notoriety.
The company is in the business of providing eCards, which are a sort of digital card that offer consumers cashback in addition to the convenience of making digital payments. In addition to that, it provides a deals portal and a service that allows customers to buy now and pay later.
By the end of the year 2022, Neoh had successfully navigated Favor to reach its apex, with the volume of transactions reaching an astounding 40 percent quarter-on-quarter rise.
Yeoh Chen How, one of the co-founders of Fave, will assume leadership of the rapidly expanding firm after Neoh leaves. Along with other Favorite country leaders from Indonesia and India, he will be working closely with Avantika Jain, who is the general manager of Singapore, and Aik Kuang Heng, who is the general manager of Malaysia.
https://spiritsevent.com
https://gpsku.co.id/
https://caramanjur.com/
https://rainyquote.com
https://www.teknovidia.com/
https://hpmanual.net/
https://www.inschord.com/
https://edukasinewss.com/
It is anticipated that Fave co-founder Joel Neoh will step down from his position as CEO around the beginning of March 2023.
Following the sale of his company by Pine Labs, an Indian merchant platform, in 2021, he has made the decision to step down from the Malaysian startup he co-founded. The cost of the acquisition was $45 million US.
Under Neoh's leadership, Fave saw phenomenal expansion, and he is now widely regarded as one of the most successful businesspeople and investors in Southeast Asia.
"I have had the privilege of a lifetime to work with some of the best talents in Southeast Asia to build Fave into a household brand name," Neoh said in a statement. "Today, one out of every three Singaporeans, and millions of consumers across Malaysia, Indonesia, and India use Fave on a daily basis for payments and rewards," Neoh said. "I have had the opportunity to work with some of the best talents in Southeast Asia to build Fave into a household brand name."
In 2015, Fave was initially launched as the fitness club membership service KFit. With Groupon's acquisition of the startup in 2017 across three countries in Southeast Asia, the company began to gain traction and notoriety.
The company is in the business of providing eCards, which are a sort of digital card that offer consumers cashback in addition to the convenience of making digital payments. In addition to that, it provides a deals portal and a service that allows customers to buy now and pay later.
By the end of the year 2022, Neoh had successfully navigated Favor to reach its apex, with the volume of transactions reaching an astounding 40 percent quarter-on-quarter rise.
Yeoh Chen How, one of the co-founders of Fave, will assume leadership of the rapidly expanding firm after Neoh leaves. Along with other Favorite country leaders from Indonesia and India, he will be working closely with Avantika Jain, who is the general manager of Singapore, and Aik Kuang Heng, who is the general manager of Malaysia.
https://spiritsevent.com
https://gpsku.co.id/
https://caramanjur.com/
https://rainyquote.com
https://www.teknovidia.com/
https://hpmanual.net/
https://www.inschord.com/
https://edukasinewss.com/