SINGAPORE, May 13, 2025 /PRNewswire/ -- On May 11, iQIYI hosted a special screening event for the "Love in Pavilion" as part of its Starship Project at MARQUEE, Marina Bay Sands, Singapore. Sponsored by Marina Bay Sands, the event gathered international media, VIP members, and enthusiastic fans, marking actress Liu Shishi's first international promotional appearance. Liu was honored as the iQIYI Global Ambassador during the event.
Actors Liu Shishi and Zhang Yunlong were joined by special guests Wu Xuanyi and Zhai Xiaowen, who engaged media and attendees by sharing intriguing anecdotes and behind-the-scenes insights. Interactive segments saw the actors exploring Singaporean language, culture, and local fruits, delighting fans with their charming and authentic interactions. The event featured an award presentation where Li Kaichen(KC Li), Vice President and Head of APAC & Middle East, iQIYI, bestowed the title "iQIYI Global Ambassador" upon Liu Shishi, expressing gratitude for her years of outstanding contributions as a high-quality partner to iQIYI and her exceptional impact on both iQIYI and its international outreach.
Since its release, "Love in Pavilion" has rapidly gained global acclaim, captivating audiences with its delicate emotional narratives and exquisite Eastern visual aesthetics, vividly showcasing the beauty of Chinese culture to the world. Producer Wang Xu and Zhang Yucheng expertly captured the essence of "Xia Yi" (Eastern Martial Righteousness), intricately embedding elements of Chinese mythology within the storyline. The series features a richly developed world and vividly characterized youthful ensemble, delivering a visual and emotional feast.
Produced by Stellar Pictures, China's top content production company, "Love in Pavilion" continues the company's tradition of innovating within the "Eastern Fantasy" genre. Stellar Pictures remains dedicated to exploring the essence of Chinese culture, consistently crafting fantasy worlds that blend traditional Eastern elements with contemporary aesthetics. Through their productions, the company actively strives to inherit and innovate upon Chinese traditional culture, establishing a dialogue between cultural heritage and modern sensibilities.
Reportedly, "Love in Pavilion" achieved an impressive heat index exceeding 8,900, securing the top market share surpassing 19%, dominating various charts, and topping playback lists in 14 countries and regions. It also attained a notable rating of 8.4 on MyDramaList and significantly trended in international markets, notably excelling in the U.S., Singapore, Indonesia, and Thailand.
Prior to its premiere, broadcast rights for "Love in Pavilion" had already been acquired by platforms in countries such as South Korea and Vietnam. On its launch day, iQIYI simultaneously streamed the drama worldwide across multiple platforms, including international sites on Facebook, TikTok, and YouTube, reaching a total of 249 countries and regions globally. The drama also entered the Top 15 trending topics on Twitter in Southeast Asia with the hashtag "HuaiShuiZhuTing," achieving steadily increasing global viewership. CTWANT commended the outstanding performances from the lead and supporting cast, enhancing its viral popularity. Wen Wei Po highlighted the series' poetic Eastern aesthetics. Following the series' success, Liu Shi shi's Instagram following surged by over 100,000 followers, underscoring her growing international appeal.
This special screening in Singapore is the first event of iQIYI Starship for the year 2025, which aims to collaborate with Chinese artists to enter overseas markets. Through diverse promotional formats such as international launches, strategic conferences, drama promotions, and exclusive member activities, the project aims to generate extensive attention and influence around premium Chinese content. This initiative is dedicated to enhancing iQIYI's global brand competitiveness and providing global audiences with richer and more comprehensive entertainment experiences.
Since its founding, iQIYI has been dedicated to producing high-quality content, continuously introducing excellent Chinese dramas to the global market. In recent years, iQIYI has further strengthened its international presence, collaborating with prominent production houses such as Media Prima, MIG Production, and Skop Production, tailoring content to regional viewer preferences.
"Love On," one of iQIYI's flagship brands established in 2021, has consistently delivered acclaimed dramas including "Love Between Fairy and Devil," "Forever and Ever," and "Destined." Following "Love in Pavilion," highly anticipated series like "Speed and Love" are slated for release, promising global audiences diverse and captivating romantic narratives.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
iQIYI Starship Sets Sail, Liu Shishi Named iQIYI Global Ambassador
iQIYI Starship Sets Sail, Liu Shishi Named iQIYI Global Ambassador
iQIYI Starship Sets Sail, Liu Shishi Named iQIYI Global Ambassador
SINGAPORE, Jan. 14, 2026 /PRNewswire/ -- Toku Ltd. ("Toku" or the "Company"), a Singapore-incorporated AI-powered customer experience (CX) platform, today registered its offer document (the "Offer Document") in connection with the proposed initial public offering (the "IPO") and listing of its ordinary shares in the capital of the Company on the Catalist Board ("Catalist") of the Singapore Exchange Securities Trading ("SGX-ST").[1]
PrimePartners Corporate Finance Pte. Ltd. is the Sponsor, Issue Manager, Underwriter and Co-Placement Agent for the IPO, while CGS International Securities Singapore Pte. Ltd. is the Co-Placement Agent.
The Company has received indications of interest from Mrs Lim Hwee Hua, Lion Global Investors Limited (as investment manager for and on behalf of its clients), Amova Asset Management Asia, Ginko-AGT Global Growth Fund and pre-IPO investors, namely Asdew Acquisitions Pte Ltd, ICH Synergrowth Fund and Mr Han Seng Juan to participate in the offering. Mrs Lim Hwee Hua is the Non-Independent, Non-Executive Chairman of the Board of the Company.
Toku provides enterprise customers with a comprehensive 360° customer experience (CX) platform to seamlessly orchestrate all conversations across voice, chat, email and other digital channels, while navigating complex regulatory, linguistic and infrastructure requirements.
Building AI-Powered Solutions for Complex and Fragmented Markets
Incorporated in Singapore in December 2017, Toku develops technology specifically designed for complex and fragmented markets. Unlike global incumbents who typically prioritise standardised solutions deployed uniformly across all markets, Toku differentiates through deep telecommunications expertise, localised AI, and compliance-driven delivery. Toku's products and solutions suite includes transcription, summarisation, sentiment analysis, and conversation analytics, which deliver high accuracy in multilingual environments such as those across APAC. The end-to-end platform also integrates conversational AI along with Agentic AI for reasoning, multi-step autonomy, and API-driven actions, enabling enterprises to manage customer interactions securely and at scale across channels and jurisdictions.
"The way enterprises manage customer engagement is undergoing a fundamental shift. What were once separate systems for operations, sales, and marketing interactions are now converging into unified platforms, with AI acting as an accelerant," said Thomas Laboulle, Founder and CEO of Toku. "This shift is particularly significant in regions like Asia Pacific, where local complexity has historically limited the effectiveness of global incumbents. Toku is built to capture this opportunity. We combine cloud communications expertise with AI designed specifically for markets with multiple languages and diverse regulatory environments."
The platform serves enterprise clients across diverse industries including financial services, healthcare and shared economy services as well as government agencies, with operations spanning 34 countries in Asia Pacific, Latin America, the Middle East and North Africa.
The company controls its entire technology and solution delivery stack, from connectivity infrastructure through to AI applications and professional services implementation, reducing reliance on third-party providers and enabling faster innovation cycles.
Addressing a Growing Market
According to Frost & Sullivan, the global contact centre solutions market is projected to reach US$21.58 billion in revenue by 2030, growing at a compound annual growth rate of 12.8% from US$10.52 billion in revenue in 2024. In Asia Pacific specifically, Contact Centre as a Service (CCaaS) revenue is expected to grow at 13.6% CAGR from 2025 to 2030.
Mr Laboulle added: "As enterprises increasingly prioritise intelligent, compliant customer engagement, the market opportunity continues to expand. This listing enables us to accelerate investment in AI, grow our partner ecosystem, and pursue strategic acquisitions. We welcome new shareholders to join us as we capitalise this significant growth opportunity."
Mrs Lim Hwee Hua, Non-Independent Non-Executive Chairman of Toku, said: "With data sovereignty and responsible AI becoming strategic priorities across both public and private sectors, Toku is well-positioned to meet the region's growing demand for trusted, compliant citizen and customer engagement. I am pleased to support a homegrown company building for these realities."
The Invitation
The Invitation is in respect of 65,000,000 Invitation Shares, comprising of 2,000,000 Public Offer Shares at S$0.25 per share and 63,000,000 Placement Shares at S$0.25 per share. The offer period opens on 14 January 2026 immediately upon registration of the Offer Document and closes on 20 January 2026, 12:00 noon SGT. Trading of the Company's Shares is expected to commence on a "ready" basis at 9:00 am SGT on 22 January 2026.
For further information regarding the Invitation, please refer to the Offer Document. Copies of the Offer Document and the Application Forms may be obtained on request, subject to availability, during office hours from the offices of the Issue Manager and the Co-Placement Agents. Anyone wishing to subscribe for or acquire any of the Invitation Shares will need to make an application in the manner set out in the Offer Document.
The Offer Document and Product Highlights Sheet are also available on the SGX-ST website at http://www.sgx.com.
Use of Proceeds
The Company expects to allocate a portion of the proceeds towards accelerating the expansion of its AI-powered 360° CX platform, including investments in proprietary technology development, research and development initiatives, talent acquisition, channel partner ecosystem development, and expansion into strategic markets across APAC, LATAM, MENA and Europe.
In addition, part of the proceeds will be set aside as a cash reserve to strengthen the Company's financial position, enhance liquidity, and ensure sufficient working capital to support ongoing operational requirements.
The Company also expects to deploy a portion of the proceeds towards potential strategic acquisitions, partnerships and general corporate purposes, in line with its broader growth and market expansion strategy.
A portion of the proceeds will further be used for the repayment of shareholders' loans.
Business Strategies and Future Plans
Toku plans to accelerate growth through a partner-led go-to-market model designed for scale, continued investment in its AI capabilities, and geographic expansion into the Middle East, Europe and North America. The Company is also pursuing strategic acquisitions that complement its technology portfolio or accelerate entry into new markets.
| [1] Capitalised terms used herein shall, unless otherwise defined, bear the same meanings ascribed to them in the Offer Document |
[1] Capitalised terms used herein shall, unless otherwise defined, bear the same meanings ascribed to them in the Offer Document
About Toku
Headquartered in Singapore, Toku Ltd. ("Toku") is a cloud-native, AI-powered customer experience platform purpose-built for enterprises operating in complex, multi-market environments. With deep roots in the APAC region and an expanding global footprint, Toku's modular 360° CX Platform orchestrates customer interactions across voice, chat, email and digital channels while managing regulatory, linguistic and infrastructure complexity at scale.
Built on end-to-end ownership of its technology stack, from carrier-grade connectivity to AI applications, Toku delivers enterprise-grade security, reliability and deployment flexibility across commercial cloud, private data centres and hybrid environments. Its AI capabilities include transcription, summarisation, sentiment analysis, conversation analytics and governed virtual agents, designed to integrate seamlessly with enterprise systems and customer data.
Trusted by leading enterprises and public-sector organisations, Toku helps organisations streamline operations, scale customer engagement and deliver consistent experiences across fragmented markets.
For more information about Toku, visit toku.co
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Singapore's AI-Powered Customer Experience Platform Toku Launches First SGX IPO of 2026
Singapore's AI-Powered Customer Experience Platform Toku Launches First SGX IPO of 2026
Singapore's AI-Powered Customer Experience Platform Toku Launches First SGX IPO of 2026