Global supply chain capability is the strength for Suning in its success during the 618 Mid-Year Shopping Festival in China

NANJING, China, June 19, 2020 — The first 618 shopping festival in the post-COVID era has already surpassed the meaning of “Mid-Year Shopping Festival”. Suning.com, as the leading O2O smart retail service provider in China owned by Suning Holdings Group, aimed to stimulate China’s consumption engine and help consumers to enjoy real benefits.

On May 25th, at the Suning.com 618 cloud conference, Gu Wei, vice president of Suning.com announced Suning will launch the “J-10%” money-saving plan, multi-categories top-selling products plan and “1V1” customer service plan.

Suning’s “J-10%” money-saving plan, targeting household appliances, mobile phones, computers, supermarkets and other categories participating in the subsidy activities will be at least 10% lower than other major e-commerce platforms’ hand price. During the 618 Mid-Year Shopping Festival, major platforms are providing tens of billions of subsidies, and the benefits are complicated for consumers to figure out.

At the same time, Suning also launched the multi-categories top-selling products plan, depending on the supply chain price advantage and platform supplements to reduce price to the end. “This year’s 618 Mid-Year Shopping Festival is not only a price war, but also a service war,” said Gu Wei. He also explained that the “1V1” customer service plan will allocate service strength to the maximum value and match exclusive services for each consumer.

In addition to the providing competitive pricing, variety performance events are the second area of focus in the Festival. Suning.com Super Show invited many superstars and celebrities to create a livestream. The show and stars’ livestream had a strong effect on sales. After 5 and a half hours, the turnover exceeded RMB 5 billion and the number of viewers on the platforms exceeded 120 million.

Suning.com Super Show invited many superstars and celebrities to create a livestream
Suning.com Super Show invited many superstars and celebrities to create a livestream

According to the data released by Suning during the 618 Mid-Year Shopping Festival, Suning’s omni-channel sales scales increased by 129% and retail cloud sales increased by 431%. Among them, Apple, Midea, Gree, Haier, Huawei, Xiaomi and other brands’ sales performance broke RMB 100 million in just an hour.

Global supply chain capability is the foundation of sales competitiveness. Zhang Jindong, Chairman of Suning Holdings Group said, “The capabilities of Suning’s global value chain must be implemented at providing affordable prices and high-quality services to users, and by providing the ultimate service experience.” At the 618 Mid-Year Shopping Festival, Zhang Jindong put forward the concept of “value war” on the basis of price war, which actually put forward higher requirements on Suning. Relying on the advantages of the global value chain, Suning can maintain competitive prices as well as top-level service, raising a new standard for industry competition.

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Diverse Companies in Hong Kong Accelerate HR Digital Transformation & Manage Remote Workforce with SAP Solutions

HONG KONG, June 19, 2020 — As companies in Hong Kong maneuver operations to tackle business disruption, SAP Hong Kong is reinforcing its support for them with HR technologies that address evolving challenges in recruiting, developing and retaining workforce. SAP SuccessFactors, a leading cloud-based employee experience management solution, has enabled a number of Hong Kong companies from diverse industries to accelerate HR digital transformation and optimize operations locally and remotely.

Fabian Padilla Crisol, Managing Director, SAP Hong Kong, said, “Smart companies understand clearly that HR operation is mission-critical to their success. They see that having a productive and engaged workforce contributes considerably to operational efficiency and sustainable growth. And they realize intuitive HR technologies, such as SAP SuccessFactors, help to remove HR operation friction and recalibrate processes in response to changing needs. SAP is well-positioned to support companies to power their HR operations in the long run.”  

In Hong Kong, SuccessFactors has been an underlying HR infrastructure for many established companies in diverse industries such as hospitality, finance, property development, transportation, retail and many more. Some of the latest SuccessFactors customers which are tapping the solutions to make HR operations run better include:

  • As a leading global leisure, entertainment and hospitality company, Genting Hong Kong‘s core competency is to create indelible experiences for holidaymakers in its cruise lines and resort. To position the company for its next phase of growth, Genting Hong Kong developed a holistic HR digital transformation roadmap, with SuccessFactors at its core, and scheduled it for post-pandemic deployment. This technology-led transformation will support Genting Hong Kong in optimizing and enhancing its HR operations, in sync with its long-term expansion and to manage a 16,000-strong workforce that operates over a vast network of cruise ships and outports.
  • ICBC (Asia) is the flagship overseas bank of Industrial and Commercial Bank of China Limited, the largest commercial bank in China. ICBC (Asia) deployed SuccessFactors Employee Central Payroll, Onboarding, Recruiting, Compensation, HXM Suite, Human Capital Management solutions in early 2020 in time to celebrate the bank’s 20th anniversary. With SuccessFactors, the bank increased productivity with self-service tools for over 3,000 employees, streamlined onboarding and recruiting processes, simplified processes and services, met industry compliance and security requirements, and integrated its pre-existing proprietary systems with SuccessFactors.

Industry-leading SAP SuccessFactors solutions help more than 6,800 customers around the world deliver comprehensive, exceptional experiences that keep employees engaged and businesses growing. SAP SuccessFactors solutions allow customers to integrate processes and systems within HR and across the business, while allowing them to capture in-the-moment insights from employees and link them with operational data to see what is happening in their workforce and understand why.

For more details about SAP SuccessFactors, please go HERE.

About SAP

As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

# # #

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2020 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

Related Links :

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VISTA Eye Specialists collaborates with Hoya Vision Care and Vision Space Optometrists to raise awareness on Myopia Pandemic[1]

KUALA LUMPUR, Malaysia, June 19, 2020 /PRNewswire/ — VISTA, in a collaboration with Hoya Vision Care and Vision Space Optometrists (Vision Space), will be sharing with the public, via Facebook Live Webinar on 25 June 2020 8pm titled ‘Addressing our Children’s Sight: Controlling the progress of Short-Sightedness in the Era of Digitalization’, focusing on the impact of kid’s shortsightedness, how parents can help kids with lifestyle tweaks, clinical methods or special contact lenses and glasses.

VISTA Eye Specialist, Hoya Vision Care and Vision Space Optometrist collaborate to educate about the rising problem of Short-sightedness.
VISTA Eye Specialist, Hoya Vision Care and Vision Space Optometrist collaborate to educate about the rising problem of Short-sightedness.

“In this era of digitalization, especially since the Covid-19 lockdown, we see more kids with increasing shortsightedness (myopia) due to online classes and the increasing use of digital devices to pacify or occupy kids while parents work from home,” says VISTA Eye Specialist (VISTA) consultant ophthalmologist, Dr Vienne Tai.

A rising issue worldwide, short-sightedness has become a major health issue for kids. Research shows that 70% to 87% of Asian school children and young adults have myopia².

“The progression of myopia is growing at an alarming rate from the current global prevalence of 30% to 50% by 2050 – close to a 5 billion population³,” says Dr. Vienne. “Many don’t realize that increasing shortsightedness doesn’t mean only the changing of glasses,” says Dr. Vienne. “The risks of certain eye diseases increase exponentially with myopia, such as glaucoma and retinal detachment.”  

“Many parents are actively seeking ways to help their kids control the progression of shortsightedness. However, there is still a lack of knowledge about technology such as special contact lenses and glasses,” says Mr. Woon Pak Seong, CEO of Vision Space. “There are some myths about these tools and via this Webinar, parents will be able to understand and learn about how to choose the ones that most suits their child.”

“Our goal is to develop optical technology that is readily accessible for kids to lead a better quality of life through controlling myopia progression,” adds Mr Chris Toh, Professional Affairs Specialist, Hoya Vision Care. “We will be explaining our technology’s breakthrough in the industry, that it is already available locally. Today, more than ever, we are proud to say we have a clinically proven technology to control short-sightedness.” Hoya Vision Care, one of the largest healthcare providers in the world, is dedicated to providing the education that will help parents make the best decisions for their children.

Despite the Movement Control Order, VISTA continues its effort to raise awareness of eye health and has conducted over 40 Zoom/FB Live Webinars over the last 3 months including the recent ones with the Star and Sin Chew Daily, 2 major daily newspapers in Malaysia.

About VISTA Eye Specialist

Founded in 1999, VISTA is one of the largest Eye Specialist Centers in Malaysia with 11 centres covering the Klang Valley, Penang and Johor Bahru.

Media Contact

Bernard Chan
+60177722811

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Swiss Re Corporate Solutions announces collaboration with LocalTapiola to deliver International Programme Administration (IPA) platform and Network Services

  • The IPA platform allows LocalTapiola to manage structured and compliant international programmes
  • LocalTapiola will gain access to Swiss Re Corporate Solutions’ network of over 150 local offices and network partners
  • Property customers of LocalTapiola to benefit from ONE Form, a globally standardised property policy
  • Collaboration supports LocalTapiola’s desire to grow its corporate business book and ability to serve clients abroad

ZURICH, June 19, 2020 — Swiss Re Corporate Solutions announces a strategic agreement to bring LocalTapiola onto its International Programme Administration (IPA) platform. Additionally, the agreement gives the Finnish insurer access to Swiss Re Corporate Solutions’ network of over 150 local offices and network partners. The collaboration supports LocalTapiola’s ambitions to grow its corporate business book by competing as lead for international programme business.

Swiss Re Corporate Solutions’ state-of-the-art IPA platform software enables LocalTapiola to manage and deliver structured and compliant multinational programmes to its corporate customers. IPA allows for efficient policy issuance, information management and knowledge exchange from a single online platform.

LocalTapiola will also use ONE Form, Swiss Re Corporate Solutions’ globally standardised property policy. ONE Form is embedded in the IPA platform, thus automating local policy issuance. As a result, LocalTapiola’s corporate customers will benefit from higher policy accuracy, increased contract certainty and faster processes.

This collaboration builds on the existing business relationship between LocalTapiola and the Swiss Re Group.

“Our collaboration with LocalTapiola marks a new milestone on our journey to advance the insurance industry,” stated Andreas Berger, CEO Swiss Re Corporate Solutions. “Enabling other insurers – and their customers – to benefit from our digital International Programme Administration platform underlines our ambition to simplify complex international programme delivery through technology.”

Jari Sundström, Managing Director at LocalTapiola General Mutual Insurance Company, said: “Together with Swiss Re Corporate Solutions, we are able to offer for our corporate clients a reliable way to have accurate and compliant insurance policies reflecting the needs of over 150 international markets through a single point of contact.”

With IPA, Swiss Re Corporate Solutions offers insurers, brokers and broker networks an innovative Software-as-a-Service (SaaS) platform to support international programme structuring. In October 2019, the company entered its first collaboration with the global broker network Brokerslink. Swiss Re Corporate Solutions will continue to develop the IPA platform as an open market standard.

About Swiss Re Corporate Solutions
Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides additional peace of mind. Swiss Re Corporate Solutions serves clients from offices worldwide and is backed by the financial strength of the Swiss Re Group. For more information about Swiss Re Corporate Solutions, visit corporatesolutions.swissre.com or follow us on LinkedIn and Twitter.

About LocalTapiola
LocalTapiola Group is a mutual group of companies owned by its customers. LocalTapiola is a partner in lifelong security for its customers. Group offering features an increasing variety of forecasting, security and well-being solutions that make the everyday life of Finns safer, more successful financially and healthier. LocalTapiola serves private customers, entrepreneurs, corporate customers, farmers and organisations. LocalTapiola’s products and services cover non-life, life and pension insurance, as well as investment and saving services. We are also professionals in corporate risk management and welfare in the workplace. LocalTapiola’s network of regional companies consists of 20 regional mutual insurance companies.

Related Links : http://www.corporatesolutions.swissre.com

Powell Software launches Powell Teams, a breakthrough solution that increases user-adoption and streamlines governance for Microsoft Teams

NEW YORK, June 18, 2020 — Powell Software, the software vendor specialized in Digital Workplace solutions, is proud to announce the launch of Powell Teams. Designed with end-users in mind, Powell Teams transforms Microsoft Teams usage through comprehensive governance features and an enhanced user-interface. As a Microsoft Gold partner, Powell Software is looking to provide its clients a cost-effective tool that will maximize their Microsoft Teams investment. Powell Teams is now available on the Microsoft Teams store for trial and purchase.

Powell Software’s North American Lead, Antoine Faisandier, commented, ‘Powell Teams is now officially validated by Microsoft and can be downloaded by any partner and customer for trial and purchase. The response from the market on Powell Teams has already been terrific since its launch. Having Powell Teams now officially in the Microsoft Teams store will significantly increase our reach on the market and it will enable us to scale up’.

Providing modern, user-friendly, digital workplace solutions across Microsoft Office 365, Microsoft Teams and SharePoint Online, Powell Software will continue to expand on the high impact, high value solutions it delivers to its clients. As the daily usage of Microsoft Teams has more than tripled over the last year since the tool’s launch, Powell Software has worked hard to develop a product that would extend governance while providing an enhanced end-user experience.

Powell Software believes that organizations must empower their employees with the right digital solutions in order to improve employee efficiency, productivity and engagement. With Powell Teams, businesses and their employees can now harness the full power of Microsoft Teams.

Availability: Now, at  https://powell-software.com/en/powell-teams-en/

About Powell Software

Powell Software is an international software company that supports its customers in their digital transformation by offering a suite of customizable and scalable Digital Workplaces solutions. At the forefront of Office 365 and Microsoft Teams technologies, the Powell Suite offers solutions that revolutionize collaboration, communication and productivity in business.

Powell Software puts the user experience at the center of its strategy and approach and supports its users in their day-to-day operations through the new generations of Digital Workplaces. With more than 1.5 million users, we are now present in Europe, North America, Asia, the Middle East, Africa and Australia to be as close as possible to our customers and partners.

Contact: Powell Software
Email: info@powell-software.com

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Optika Display Launches Fourth Generation of Collaborate Advanced Touchscreen Displays

The Full Line of Displays Enables Breakthrough Design and Remote Collaboration Capabilities

DAYTON, Ohio, June 18, 2020 /PRNewswire/ — Optika Display today announced the launch of the fourth generation of Collaborate, a fully immersive, highly precise, ultra HD interactive touchscreen display built for complex design and state-of-the-art remote collaboration systems. Optika Display, part of the STRATACACHE family of marketing technology companies, designed Collaborate displays based on extensive customer research, creating a product with capabilities that excel in supporting advanced collaborative communications solutions for enterprise, government and broadcast. 

Optika Display Fourth Generation Collaborate
Optika Display Fourth Generation Collaborate

“Today’s remote teams of highly skilled enterprise communication and design professionals require the best tools for shared digital ideation, collaborative design and complex, color-perfect product evaluation and review,” said Chris Riegel, CEO of STRATACACHE. “There are plenty of standard touchscreen displays being used for unified communications, but we’re changing the game by delivering a feature-rich display, different from other platforms, that allows highly advanced visual and touch interaction unlike anything else in the market. This is the most advanced solution for enterprise, broadcast and government teams looking to invest in interactive display technology that enables their teams to accomplish complex collaborative design in real time.”  

With a feature set including unparalleled touch performance and stunning visuals, Collaborate delive­rs an all-inclusive conference experience with cross-device compatibility and flexible connectivity options for immersive in-room or remote design collaboration. “Our displays go well beyond the standard for key aspects of design such as color accuracy, optical viewing quality and instant multi-touch performance,” added Riegel.

Collaborate displays complement the full solution offerings of hardware and software found across the STRATACACHE family of companies, as well as the collaboration technology of Optika Display’s vast partner network. Optika Display engineers designed the fourth generation of Collaborate for ultimate accessibility, touch responsiveness, field serviceable support and lasting visual appeal. Collaborate features: 

  • Full range of display size options to suit any project: 55″, 65″, 75″, 85″, 98″, 110″.
  • Unmatched touch technology combines optical bonding and chemically treated glass, delivering an authentic pen-on-paper feel with multi-touch capability.
  • Optimal optical performance in any environment with high bright, 4K LCD opposing lighting and chemically treated, fade-resistant glass. Content appears vivid and color correct in all environments from conference rooms to live broadcasting.
  • Flexible connectivity supported by a full range of display inputs and broad connectivity options, providing teams with ultimate control.
  • Capabilities and features rigorously designed to last and backed by a three-year warranty. With standardized configuration and approvals, and STRATACACHE support teams around the world, Collaborate displays are able to support distributed global deployments. 

Learn more about Optika Display’s Collaborate series, including a full list of features, product literature and specifications, at www.optikadisplay.com/collaborate.

About Optika Display
Optika Display, a part of the STRATACACHE family of companies, is an industry leader for corporate communications and higher education in the LCD enhancement market. Experts in optical bonding, Optika Display’s foundation is built on high performance and innovative flush edge-to-edge designs for a selection of true multi-touch solutions available in a variety of configurations. Optika Display’s technology is engineered, designed and built in Dayton Ohio. Learn more about Optika Display at www.optikadisplay.com, on Twitter and Facebook.

About STRATACACHE
STRATACACHE provides scalable customer experiences, empowering retailers to learn deeply about their customers’ shopping preferences and behaviors, allowing for personalized shopper interaction. Our solutions deliver consumer activation at the point-of-decision, generating new sales opportunities and enhanced retail profitability. With 3.3 million+ software activations globally, we power the biggest digital networks for the world’s largest brands. Across the STRATACACHE family of complementary digital media/ad tech solution companies, we have the technology, expertise and track record to bring retail innovation that delivers results. Learn more about the STRATACACHE family at www.stratacache.com, on Linkedin and Twitter.

Optika Display's Fourth Generation Collaborate
Optika Display’s Fourth Generation Collaborate

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FIDE Online Arena Redefines Online Chess, Offers Official Online Ratings

LONDON, June 18, 2020 — FIDE Online Arena, the official chess gaming platform, today redefined online chess with the global launch of the new gaming experience and online ratings. Chess players from around the world are now able to compete for the official online ratings and qualify for official titles. This makes chess the first IOC-recognized sport to create the officially-recognized online category.

The online experience has been designed by World Chess, the company that organized the 2016 and 2018 Championship matches that were dubbed the main chess events of the 21st century and have resulted in immense rise of popularity of chess globally. FIDE Online Arena has the same look and feel as a professional chess tournament: the same chess pieces, boards, colors, and even typefaces. Sounds of moves and pieces capture replicates those from the final games of the 2018 World Chess Championship Match.

Online gaming adheres to the over-the-board FIDE rules, including Swiss tournament structure, time controls and other requirements. Players from around the world are able to play official online rated games (€25 per year) and qualify for the official online titles, effectively becoming professional chess players by playing on computers or mobile devices.

Official ratings and titles data will be recorded on Algorand blockchain and open to all other chess platforms and media sites, making the official online ratings universal. Algorand’s public blockchain allows digital chess organizations to verify player’s ratings in a scalable manner for the hundreds of millions of chess players globally. Storing ratings on blockchain will ensure full transparency and reliability associated with decentralized systems. Algorand’s throughput of over 1000 transactions per second ensures instant recording of ratings on blockchain and open access to the data for the community.

FIDE Online Arena employs FIDE-approved complex anti-cheating technology as well as an Artificial Intelligence behavior-tracking module.

As an official cybersecurity partner for the FIDE World Chess Championship series, Kaspersky also provides a complex protection for the newly released gaming platform, including protection from DDoS attacks, analyzing the website’s load with various techniques that help to detect an attack on time and use traffic filtering mechanisms. Thus, even if there is an attack, all users will retain constant access to the platform.

"We believe that the next World Chess Champion will be someone who learned to play chess on a computer," says Ilya Merenzon, World Chess CEO, "And we are looking forward to an opportunity to give people around the world an opportunity to play chess for a professional online rating and get a thrill of a professional competition and eventually take on Magnus Carlsen and become the next world champion," adds Merenzon.

For further questions, please contact: media@worldchess.com

About FIDE Online Arena
FIDE Online Arena – the official online chess platform which awards official online ratings and titles. It hosts rated tournaments and games 24 hours per day. Arena.myfide.net,

About FIDE
The International Chess Federation or Fédération Internationale des Echecs, (FIDE), is recognized by its members and the International Olympic Committee as the international federation in the domain of chess, the supreme body responsible for the sport of chess and its Championships. FIDE has the sole rights to organize the World Chess Championships and the Chess Olympiads. www.fide.com

About World Chess
World Chess is a London-based media company. It’s an official broadcaster of the World Chess Federation events and a commercial partner of the World Chess Federation (FIDE). World Chess organized the World Championship Matches in Russia, USA, and the UK. It revolutionized chess by signing the biggest media partnerships in the history of chess. World Chess is also developing Armageddon, the chess league designed for television. It operates worldchess.com.

About Algorand
Based in Boston and founded by cryptography pioneer and Turing award winner Silvio Micali, Algorand is an open-source software company building technical innovation for the borderless economy with a platform that delivers decentralization, scalability and security. Algorand’s first-of-its-kind, permissionless, pure proof-of-stake protocol supports the scale, open participation, and transaction finality needed by users to build opportunity and fulfill the promise of blockchain technology. For more information, visit https://www.algorand.com/

About Kaspersky
Kaspersky is a global cybersecurity company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 250,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.

 

Related Links :

http://worldchess.com

Daily Unique Visitors of Yiwugo.com has reached 800,000

YIWU, China, June 18, 2020 /PRNewswire/ — Yiwugo.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world. According to the recent back-office statistics of Yiwugo, the number of unique visitors (UV) has reached 800,000 per day and peaked at 950,000; the pageview (PV) volume peaked at 15 million. On average, every visitor has clicked the commodity pages for 7-8 times.

According to analysis, the reasons behind the traffic increase on Yiwugo are as follows:

1. The constantly improving functionality of the platform is the solid foundation for its traffic increase

Since the launch of Yiwugo over 8 years ago, the platform products and services have been constantly improved, and its functions have been further adapted to cater for small-commodity wholesalers and buyers. By moving all commodities of the physical market to the Internet, Yiwugo is committed to making it easier for buyers to search commodities. Through 360-degree panoramic display and live streaming, the platform ensures online and offline consistency and traceable transactions. Besides, positioned as a “generalized” wholesale platform, Yiwugo is characterized by diverse commodities, large number of transactions, and small orders. As such, it has gained popularity among micro, small, and medium start-ups by creating a convenient and reliable channel for physical store owners and online store owners.

2. Through persistent brand promotion, Yiwugo has ushered in a period of explosive growth

Sticking to the principle of independent brand development, Yiwugo has been dedicated to serving the brands it hosts over the years and seen constant increase in its own brand awareness. Today, Yiwugo has become one of the most influential B2B e-commerce platforms in the professional market of China. In addition, Yiwugo has persisted in promoting its brand overseas through Facebook and Google to reach out to more overseas buyers. To date, Yiwugo has more than 7 million followers on Facebook, and it is easy to find Yiwugo’s suppliers on Google.

3. The COVID-19 pandemic has brought changes to buyers’ behavior and promoted the development of online platforms

Since the beginning of 2020, the COVID-19 pandemic has forced the world into lockdown. As a result, more small-commodity deals have been shifted from offline to online. Small-commodity buyers across the world are looking for proper suppliers on Yiwugo, obtaining their contact information, and holding remote negotiations on small-commodity deals. In this way, the quarantine will not stand in the way of business communications.

4. The post-pandemic economic recovery has spurred many to restart businesses and look for sources of commodities

The pandemic has lasted half a year and delivered a heavy blow to the global economy and livelihood, especially to small- and medium-sized enterprises. Along with the economic recovery, the suppressed consumption power is being released. Everyone is seeking the most convenient way to restart economy and go back to normal life. Small commodities, as daily necessities for the general public, have also embraced a surging demand, which has led to a spike in the traffic on Yiwugo.

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Flightdocs Joins the ATP Family of Software Solutions

Flightdocs to become a part of ATP, creating a global leader of information services and software solutions focused on aircraft safety and reliability.

SAN FRANCISCO and BONITA SPRINGS, Fla., June 18, 2020 ATP and Flightdocs are pleased to announce the creation of one of the largest providers of software solutions and information services within the aviation industry.  With Flightdocs joining ATP, the company will deliver powerful, cloud-based software solutions for aircraft maintenance tracking, troubleshooting, recurring defect analysis, inventory management, and flight scheduling – combined with a robust library of technical publications and regulatory content.

Founded in 2003, Flightdocs has grown to be the second largest provider of aircraft maintenance tracking and inventory management solutions within business aviation. The company’s long-standing reputation for revolutionary software and best-in-class support has made Flightdocs the number one choice for flight departments around the world. ATP, a company with nearly 50 years of experience, provides aircraft technical publications and regulatory information, connecting more than 45,000 maintenance professionals to the latest OEM content and airworthiness directives. The company’s software division is the leading provider of repetitive defect and troubleshooting applications, focused on reducing operating costs, improving reliability, and supporting technical knowledge sharing.

“We are very excited to join forces with the team at ATP,” noted Rick Heine, Chairman and CEO of Flightdocs. “What began as a partnership quickly evolved into a much larger opportunity. By joining ATP, we will be able to create unique products and services that will have a significant impact for our customers, driving efficiencies, reliability, compliance, and safety across the industry.”

Customers of both ATP and Flightdocs will have access to a comprehensive suite of solutions to support the safe and reliable operation of their aircraft. Already considered to be the most innovative and user-friendly maintenance tracking and inventory management software on the market, the Flightdocs platform will now leverage the technical publication libraries, regulatory content, and chronic defect analysis and troubleshooting software offered by ATP. Combined, the two companies will bring even more innovation and technical capabilities to the business aircraft maintenance tracking, inventory management, and flight operations software markets.

“Flightdocs’ commitment to innovation and service makes them an ideal addition to the ATP family,” commented Rick Noble, Chief Executive Officer at ATP. “Working together, our goal will be to deliver the most advanced maintenance tracking, inventory management, and flight operations software on the market. One known for excellent support, a superior user experience, and powerful tools that can create massive benefits for our customers.”

With the addition of Flightdocs, ATP will now support 75,000 maintenance professionals across more than 7,500 customers in 137 countries. Further, the team plans to continue investment in the development of new products to serve the business aviation, general aviation, commercial aviation, military/defense, and OEM markets.

About ATP

ATP is a global information services and software solutions company focused on making flying safer and more reliable. ATP Information Services is the general and business aviation industry’s source for aircraft technical publications and real-time regulatory information. ATP Software Solutions is the leading provider of maintenance tracking, flight operations, inventory management, repetitive defect analysis, and troubleshooting software. The company’s applications help reduce operating costs, improve aircraft reliability, and supports technical knowledge sharing and collaboration within the general and business aviation, military/defense, commercial aviation, and OEM industries.

The company has deployed solutions for multiple Fortune 100 companies, supporting more than 75,000 aircraft maintenance professionals worldwide. As a global company, ATP has more than 7,500 customers in 137 countries, with nearly 50 years of experience in the information services and software industries. For more information, visit www.atp.com or www.flightdocs.com.

For more information related to this announcement, please contact the ATP Global Marketing and Communications Team, with a request addressed to: James Geneau, Chief Marketing Officer, ATP, marketing@atp.com

Algorand Selected For Official Chess Ratings As FIDE Online Arena Launches First Ever Digital Games

World Chess leverages Algorand to remove friction in new era of decentralized and transparent gaming; expands access to players globally

BOSTON, June 18, 2020 — Algorand, a world-class blockchain powering secure and efficient frictionless exchange, today announced official ratings and titles data from World Chess players will be recorded on Algorand’s decentralized blockchain network in real-time, bringing reliability and transparency to the rating system of digital chess.

Coming on the launch of digital chess games by FIDE Online Arena, millions of chess ratings from players all around the world will be recorded on the Algorand blockchain for the first time ever, and universally accessible to all other chess platforms and media sites, making this a momentous event for both the digital chess and blockchain communities.

Algorand’s open, public blockchain brings full transparency and automation to the digital chess ecosystem. As player ratings will be verified on the blockchain, results reporting will be reliable and secure from fraudulent activity. With the Algorand protocol removing friction from the existing model, millions of global chess players will have access to transparent reporting to one of the world’s most popular games. Algorand’s public ledger provides enterprise-grade scalability to accommodate digital chess organizations’ need to verify ratings for the hundreds of millions of chess players globally. The combination of transparency, security and scalability make Algorand the preferred platform for reliable and transparent reporting in the digital gaming ecosystem.

“We are beyond thrilled to partner with FIDE Online Arena and World Chess to bring digital chess ratings onto the Algorand blockchain for the first time,” said Sean Ford, COO of Algorand. “This historic moment brings the blockchain community one step closer to mainstream adoption, as a widely popular competitive game like chess leverages distributed ledger technology to serve as the official record for trust of millions of online chess players and fans.” 

Six months after World Chess, the designer of the online chess experience and the company that organized the 2016 and 2018 Championship matches, announced a hybrid IPO on Algorand, World Chess is leveraging the Algorand blockchain to further develop inclusive and modern gaming opportunities for millions of chess players around the world, including rewards and incentives for the chess community, internal currency and blockchain-based live betting.

“It’s exciting to continue bringing innovation to chess,” said Ilya Merenzon, CEO of World Сhess.  “The advent of digital games on the internet made chess more popular than before, and now we can’t wait to further explore blockchain innovation for digital chess.”

World Chess will be hosting a virtual game on June 17 where renowned player Sergey Karjakin and Turing Award-winning cryptographer and Algorand Founder, Silvio Micali will face off in a match. Viewers will be able to witness the first-ever recorded digital chess ratings on the blockchain. To view this historic event please visit: www.worldchess.com.

About Algorand Inc.
Algorand Inc. built the world’s first open source, permissionless, pure proof-of-stake blockchain protocol for the next generation of financial products. This blockchain, the Algorand protocol, is the brainchild of Turing Award-winning cryptographer Silvio Micali. A technology company dedicated to removing friction from financial exchange, Algorand Inc. is powering the DeFi evolution by enabling the creation and exchange of value, building new financial tools and services, bringing assets on-chain and providing responsible privacy models. For more information, visit https://www.algorand.com/

About FIDE Online Arena
FIDE Online Arena – the official online chess platform which awards official online ratings and titles. It hosts rated tournaments and games 24 hours per day. The platform’s fairplay is supported by advanced FIDE-approved anti cheating software. The platform was launched in June 2020. https://arena.myfide.net/.

About FIDE
The International Chess Federation or Fédération Internationale des Echecs (FIDE), is recognized by its members and the International Olympic Committee as the international federation in the domain of chess, the supreme body responsible for the sport of chess and its Championships. FIDE has the sole rights to organize the World Chess Championships and the Chess Olympiads. www.fide.com

About World Chess
World Chess is a London-based media company. It’s official broadcaster of the World Chess Federation events and a commercial partner of the World Chess Federation (FIDE). World Chess organized the World Championship Matches in Russia, USA, and the UK. It revolutionized chess by signing the biggest media partnerships in the history of chess. World Chess is also developing Armageddon, the chess league designed for television. It operates worldchess.com.

Contact:
Anastasia Golovina
anastasia@dittopr.co   

Related Links :

https://www.algorand.com