The PennZone

PennZone -- Developing into a Comprehensive AI Solutions Provider within Southeast Asia.

Building a Cash Rebate, Digital Advertising and Payment Solution Business Ecosystem for Micro, Small and Medium Enterprises.

Connects Merchants with Shoppers to Facilitate Transactions via Cash Rebates on Company's GETBATS Website and Mobile App.

Digital Advertising Services Through Company SEEBATS Website and Mobile App, GETBATS Website, Mobile App and Social Media.

Launched I-Driven Digital Humans System, Redefining Digital Commerce with Cutting-Edge Cash Rebates Platform on WeChat Channels.

Short Videos and Live Streaming, Leveraging on WeChat Channels' Social Media Platform with Over 390 Million Daily Active Viewers.

24/7 Availability of Virtual Hosts engage Customers Forging Stronger, More Meaningful Connections Between Consumers and Brands.

Headquartered in Malaysia, Starbox Group Holdings Ltd. (Stock Symbol: STBX) is a technology-driven, rapidly growing company with innovation as its focus. STBX is aiming to be a comprehensive AI solutions provider within Southeast Asia and also engages in building a cash rebate, digital 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.

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STBX connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. STBX provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. Additionally STBX provides payment solution services to merchants

Launch of AI-Driven Digital Humans System on WeChat Channels, Supporting Thousands of Merchants and Over 2 Million Existing Users via Live Streaming and Short Videos

On October 16^th STBX announced the launch of its I-Driven Digital Humans System as a significant leap toward redefining digital commerce. The STBX has premiered this cutting-edge Cash Rebates platform on WeChat Channels. The launch enables STBX merchants to showcase and sell their products using short videos (Reels) and live streaming, leveraging on WeChat Channels' video-centric social media platform, which boasts over 390 million daily active viewers.

Powered by STBX AI-driven digital humans and short video creation tools, merchants can now effortlessly create content and host live streams, all through AI. The STBX platform's intelligent engine analyzes user behavior to deliver personalized product recommendations, significantly boosting conversion rates while further enhancing the STBX Cash Rebates platform. With 24/7 availability, virtual hosts continuously engage with customers and users, forging stronger, more meaningful connections between consumers and brands.

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By leveraging the vast reach and engagement of WeChat Channels, the STBX solution offers users instant cash rebates, making cross-border shopping more rewarding and efficient. This strategic expansion aligns with the STBX mission to lead innovation in the evolving world of social commerce, particularly through video content, with a special focus on the Southeast Asia region.

Thousands of STBX merchants stand to benefit from this initiative, gaining a new platform to boost product visibility, increase engagement with potential customers, and reach existing users. The existing STBX community of over 2 million users will enjoy a seamless shopping experience, enriched by live streaming and video content, and be rewarded with instant cash rebates while browsing on WeChat Channels.

"This innovative approach aligns with global market trends and supports our globalization efforts, especially in Southeast Asia, significantly expanding Starbox Technologies' Cash Rebates market reach," said Lee Choon Wooi, CEO of STBX. "By tapping into WeChat Channels' extensive user base of 390 million daily active viewers, we are set to strengthen our global presence, especially Southeast Asia, and deliver our cutting-edge solutions to a wider audience."

Media Contact
Company Name: Starbox Group Holdings Ltd
Investor Relations Department
Email: IR@Starboxholdings.com
Country: Malaysia
Websites: https://ir.starboxholdings.com

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