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PR Newswire
FinVolution Group Receives APP Security and Information Security Certifications from China’s CVERC

SHANGHAI, June 12, 2020 /PRNewswire/ — FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that its fintech application, PPDAI App, has received both the APP Security Certification and the APP Information Security Certification with level 3 rating, the highest rating level in security evaluation standard, from China National Computer Virus Emergency Response Center ("CVERC").

Safeguarding user information and protecting user privacy is paramount in FinVolution Group’s operation since its inception. The Company has established a comprehensive administrative mechanism and standardized employee training system for stringent information security management. FinVolution has also been deploying innovative technologies to promote user data protection. For example, the Company launched a Smart Finance Institute in 2018 for research and development in the field of artificial intelligence that can be applied in various aspects of financial services. In addition, FinVolution is also a member of the National Information Security Standardization Technical Committee and Mobile Application (APP) Security Committee, maintaining up to date knowledge and compliant regarding the latest cyber-security regulatory requirements.

Mr. Feng Zhang, Chief Executive Officer of FinVolution Group, commented, "The receipt of the certifications from CVERC is a clear testament to our efforts and competency in safeguarding user information and protecting their privacy, and further solidify our competitive advantage in terms of regulatory compliance. We remain committed to the highest operational standard and continue to advance our technological capabilities in enhancing cyber security. Meanwhile, we will leverage our cooperation with institutional funding partners to provide secure and convenient services for our users."

CVERC is the official agency for anti-virus internet security and the designated testing body for the "Special Crackdown on the Illegal Collection and Misuse of Personal Information by Apps" initiative by China’s Ministry of Public Security.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company’s ability to attract and retain borrowers and investors on its marketplace, its ability to increase volume of loans facilitated through the Company’s marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company’s ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About FinVolution Group

FinVolution Group is a leading fintech platform in China connecting underserved individual borrowers with financial institutions. Established in 2007, the Company is a pioneer in China’s online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company’s platform, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of March 31, 2020, the Company had over 108.3 million cumulative registered users.

For more information, please visit: http://ir.finvgroup.com.

For investor and media inquiries, please contact:

In China:
FinVolution Group
Head of Investor Relations
Jimmy Tan
Tel: +86 (21) 8030 3200- Ext 8601
E-mail: [email protected]

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: [email protected]

In the United States:
The Piacente Group, Inc. 
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

PR Newswire
Terminus Group’s Smart Parking Helps Upgrade Traditional Commercial Districts Services

BEIJING, June 12, 2020 /PRNewswire/ — Terminus Group, the world’s prominent AI CITY and smart service provider, has recently announced its latest smart parking solution. Fully depending on its own strategic pillar technologies, consisting of artificial intelligence (AI) and Internet of Things (IoT), Terminus Group’s recently released smart parking solution is specifically designed to address and ease the common issues of traditional commercial districts in the cities, such as high labour costs, low management efficiency, long waiting time for the vehicles to access the premises, overly complicated and confusing payment processes, and so forth.

With a unified platform, Terminus Group has been able to fully integrate multiple processes at parking lots and curbs of traditional commercial districts, including monitoring and guiding processes of the vehicles entering the buildings, parking lot management and services, parking fees’ collection, automatic errors’ correction, and managing pending requests for the equipment repairs, to mention just a few. The centralized parking management provides substantial and unparalleled convenience for the vehicles entering the parking lots and other commercial spots around the city. Under the "Full-Time Central Control Centre" created by Terminus Group, the management of commercial parking lots is now able to easily track and measure the time of entry and exit of the vehicles, track the routes and distances covered by the vehicles, and spot all sorts of abnormal road behaviours, resulting in early-warning systems launching the alarms. Furthermore, parking fee collections are also made available through the real-time interactive large screens. These kinds of proposed solutions will help parking lot operators improve their services in five crucial dimensions: intelligent analysis, early warning systems, operation management, and financial management.

The solution has been proved successful in many parking lots so far. According to the research conducted by Terminus Group, after having applied unmanned guard posts at the front and back entrances of the buildings, as well as applying multi-project coordination at the mid-end of the management process (reducing manual verification errors) and the refined operations at the back-end of the overall process, a single parking lot could see its rotation capacity increase by 10% and the profit improved by more than 80% in total.

Terminus Group, a global prominent AI City builder and innovator, has provided more than 8000 AI City and smart service solutions in different cities around the world so far. Terminus Group’s products and services include, but are not limited to: smart scene services, cloud platforms, edge networks, terminal products, and many more.

 

PR Newswire
Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits

HANOI, Vietnam, June 12, 2020 /PRNewswire/ — Coocaa is about to kick off its mid-year promotion campaign (18th-22nd June) on LAZADA, an e-commerce platform in Southeast Asia at 18:00 on June 12. While bringing a wide range of shopping benefits to customers, Coocaa is going to unveil unlimited possibilities of improving quality of life and creating new TV-watching experiences for them.

Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits
Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits

During this campaign, Coocaa will join hands with a highly influential key opinion leader (KOL) in Vietnam to present two Coocaa smart TV models on live streaming. Among them, 55S6G, a new star in the Coocaa S6G family will be included in the grand promotion as a key product of recommendation. (https://bit.ly/3czmLnJ).

55S6G not only features the Dolby audio/visual effects and a narrow frame design, but also is equipped with the Android 9.0 system, AI technology, along with an open application platform, YouTube browsing, voice assistant, screen mirroring and other functions. While bringing immersive audio and visual experiences to users, this smart TV will also usher in a brand-new style of smart homes.

Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits
Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits

On the night of the live streaming, the KOL will interact with fans in a number of interesting ways and present fans with a range of rewards, including Coocaa headphones and free-purchase entitlement. On top of that, Coocaa will give various gifts to the first 80 customers who successfully place orders at the LAZADA Coocaa store. These gifts include iPhones, trolley speakers, Coocaa Bluetooth headphones, and a variety of coupons. Eligible customers and those who actively participate in the games of the store will be entitled to the benefits.

Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits
Coocaa to Kick off Mid-Year Promotion on LAZADA with a Wide Range of Customer Benefits

Notably, in order to repay consumers for their love of the products, Coocaa has specifically arranged an audio system as the gift for a selected customer. This lucky customer will be chosen from those who successfully place order(s) on June 18.

For more information on Coocaa mid-year grand promotion, with diversified interactions, generous promotional benefits, and quality Coocaa TVs, visit Coocaa Store on LAZADA (https://bit.ly/2UfhATw), or follow @Coocaa to get promotion updates in real time.

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PR Newswire
P&G and Shopee drive record sales at first-ever experiential online initiative, Show Me My Home, with more than 15x increase in orders

Show Me My Home is a key initiative under the recently signed Joint Business Plan between P&G and Shopee

KUALA LUMPUR, Malaysia, June 12, 2020 /PRNewswire/ — Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and Procter & Gamble (NYSE:PG), a leading fast-moving consumer goods company, achieved strong performance for their first-ever experiential online initiative, Show Me My Home. The initiative recorded more than 15x increase in orders at peak day[1], and it is a key activation under the recently signed regional Joint Business Plan (JBP) between Shopee and P&G. The JBP marks a joint commitment between Shopee and P&G to improve the online shopping experience for users across the region, and to provide convenient and easy access to quality FMCG products on Shopee.  

Shankar Viswanathan, Vice-President, P&G Malaysia, Singapore, Vietnam and E-Commerce, P&G Asia Pacific, Middle East & Africa (left), and Chris Feng, CEO, Shopee (right), at the official Joint Business Plan signing [Photo taken before circuit breaker]
Shankar Viswanathan, Vice-President, P&G Malaysia, Singapore, Vietnam and E-Commerce, P&G Asia Pacific, Middle East & Africa (left), and Chris Feng, CEO, Shopee (right), at the official Joint Business Plan signing [Photo taken before circuit breaker]

Chris Feng, CEO at Shopee, said, "As we transit into the new normal, e-commerce has taken on greater importance in people’s lives. Consumers are increasingly going online to fulfil their everyday needs, and it is important for businesses to remain agile and adapt quickly. The success of P&G’s online debut of the Show Me My Home initiative on Shopee is proof of that. By merging P&G’s portfolio of leading FMCG brands and retail expertise with Shopee’s wealth of insights on online shoppers’ behaviour and preferences, it allowed us to deliver a novel, experiential online home shopping experience for consumers across the region. This success has inspired us to continue innovating to provide the best for our users, and we are excited to work closely with P&G going forward."

Shoppers enjoyed greater convenience with Show Me My Home

The Show Me My Home initiative was initially an offline concept which was well-received among both consumers and retailers. With a shared vision to serve the region’s increasingly savvy digital consumers at scale, P&G leveraged Shopee’s technology expertise and insights on online shoppers to optimize and scale the experience online. Through this partnership, P&G and Shopee successfully piloted the online version of Show Me My Home, recording more than 15x increase in orders at peak day. The Show Me My Home initiative offered greater convenience as shoppers could easily find what they needed as the microsite simulated the household environment. This novel way of shopping online successfully captured shoppers’ attention with an overall increase in traffic for P&G.  

Fostering meaningful connections with Shopee’s in-app engagement features 

As people spend more time online, brands are also increasingly finding new ways to interact and engage with their consumers. As part of the Show Me My Home initiative, P&G leveraged Shopee’s engagement features to foster deeper and meaningful connections with their consumers.

  • Shopee Live: P&G tapped on Shopee Live to engage consumers with a special series of live streams featuring popular local celebrities. The biggest stars, including Yuna, Iman Azman and Preston Kaw shared with fans and Shopee users their favourite P&G products, as well as provided tips on how to use them.
  • Shopee Throw: Users visited Shopee daily to play Shopee Throw, an in-app game where users can win exclusive P&G vouchers and prizes by throwing arrows onto a target on the Shopee app. The game was played over 600,000 times in 5 days, offering added entertainment and value to consumers while they shopped for their favourite P&G brands.      

Show Me My Home marks the first of many initiatives under the recent regional JBP between Shopee and P&G. The JBP aims to better serve and capture the hearts of online shoppers in the region by providing a seamless access to P&G’s wide range of leading brands and products. This agreement will see P&G broadening its multi-brand portfolio offerings on Shopee and tapping on Shopee’s big data analytics capability to provide a personalised customer journey via precise marketing. In addition, P&G will leverage Shopee Brands Suite, a comprehensive set of support tools, such as Shopee Live, to help brand partners better reach and connect with consumers. 

"At P&G, we are continually trying new ways to personalize and engage our consumers be it offline or online. The encouraging results we have achieved from this campaign proves the partnership with Shopee to be very successful as we managed to engage more meaningfully with our consumers on digital platforms. We look forward to evolving with the customer as we work closely with Shopee to execute future innovations online, serving more regions and value-adding to digital transactions," adds Shankar Viswanathan, Vice President, E-Commerce, Asia Pacific, Middle East and Africa.

With the success of the Show Me My Home initiative, P&G and Shopee will be bringing it back on 15 June 2020, featuring another round of exclusive deals and promotions from popular P&G brands including Olay, Pantene, and Ambi Pur. 

To know more, visit https://shopee.com.my/m/pg-mid-year-sale

[1] Compared to average day in 2020

Appendix

For a full list of P&G products available on Shopee’s Show Me My Home Campaign, please visit this website.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.

About Shopee

Shopee is the leading e-commerce platform in Southeast Asia and Taiwan. It was launched in 7 markets in 2015 to connect consumers, sellers, and businesses in the region. Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. It offers a wide product assortment, supported by integrated payments and logistics, as well as popular entertainment features tailored for each market. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping brands and entrepreneurs succeed in e-commerce.

Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company. In addition to Shopee, Sea’s other core businesses include its digital entertainment arm, Garena, and digital financial services arm, SeaMoney. Sea’s mission is to better the lives of consumers and small businesses with technology.

 

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Related Links :

https://pg.com/

Gaming
Sony PlayStation 5 Breaks Covers; Finally!

Sony PlayStation 5 is finally revealed as a curvy tower of a thing. The new visual reveal also comes with several games announcement that is about to make it to the Sony PS5 ecosystem.

PR Newswire
Pasternack Debuts New Vehicular Antennas, GPS Timing Antennas and Portable UHF Antenna

New Antennas Offer Highest Levels of Performance and Durability

IRVINE, Calif., June 12, 2020 /PRNewswire/ — Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter wave products, has introduced a new line of GPS timing antennas, vehicular antennas, and a 118-174 MHz tunable, telescopic antenna to address mobile wireless, portable instrumentation and wireless monitoring applications.

New Vehicular Antennas
New Vehicular Antennas

 

Pasternack’ s new GPS/GLNSS antennas provide precise reception of satellite timing signals and reference frequencies for use in advanced mobile and base station network applications. These IP67-rated outdoor antennas are suitable for use in harsh environments. The combinations of NMO mount with integrated GPS and GLNSS antennas feature a 30 dB gain LNA for the GPS models and a 28 dB gain LNA for the GPS/GLNSS models, and both are IP66-rated for use in harsh environments.

The 12 new vehicular poly spring and poly flex antennas feature wideband and tunable models, and ground dependent and ground independent models that handle up to 150 watts of input power. The vehicular antenna kits support frequency ranges of 108 MHz to 870 MHz and include a duplexer, NMO mounts, two antennas, coaxial cable and crimp-on Type-N connectors.

Pasternack’s glass-mount antenna supports frequency ranges of 824-960/1710-2170 MHz and features 2 dBi gain. A new PE51TW1000 portable UHF antenna offers high performance in the UHF frequency range of 118-174 MHz, is field tunable, and features a flexible support mast and telescopic radiator.

"This new antenna line was developed to address the growing need for wireless communications in vehicular applications, including public safety, and applications requiring network time synchronization and precision frequency reference. Our new GPS and vehicular antennas provide users with durable, high-quality solutions to a wide range of mobile communication applications," said Gabriel Guglielmi, Vice President of Product Management.

Pasternack’s new GPS, vehicular and portable UHF antennas are all in stock and available for same-day shipping with no minimum order requirement.

For inquiries, Pasternack can be contacted at +1-949-261-1920.

About Pasternack:
A leader in RF products since 1972, Pasternack is an ISO 9001:2015 certified manufacturer and supplier offering the industry’s largest selection of active and passive RF, microwave and millimeter wave products available for same-day shipping. Pasternack is an Infinite Electronics brand.

About Infinite Electronics:
Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite’s brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMeCables, INC-Installs and Integra Optics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment.

Press Contact:
Peter McNeil 
Pasternack 
17792 Fitch 
Irvine, CA 92614 
(978) 682-6936

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PR Newswire
Miaozhen Systems: 31.9% of digital ad traffic was invalid in China 2019, costing the industry 28 billion RMB

BEIJING, June 12, 2020 /PRNewswire/ — A new report by Miaozhen Systems, China’s leading omni measurement and business intelligence analytics solutions provider, has found that 31.9% of all online advertising traffic in China was invalid in 2019, costing the China brand marketing industry an estimated 28 billion RMB.

The report, "China Digital Advertising Invalid Traffic Report in 2019", is the first of its kind to examine invalid traffic in new advertising formats and media. In addition to PC and mobile ads, this report analyzed the state of invalid data in NEW TV ads, offline and outdoor ads, online consumer leads, social media ads, KOL marketing, and more. With data collected from 65,000 campaigns by 2,000 brands across 1,200 platforms, it is the most accurate and comprehensive report on this subject to date.


Key findings for 2019 are summarized below:

  • Invalid traffic (IVT) made up 31.9% of all digital advertising traffic in China, up 1.7pp from 2018;
  • 39.9% of vertical media traffic was invalid; IT verticals had the highest IVT rate at 49%, up 14pp from 2018;
  • Across industries, internet and communications saw the greatest IVT increase (up 6.3pp from 2018) and suffered the highest IVT rate;
  • 10% of NEW TV ad traffic was invalid; agencies contributed the most invalid exposure;
  • 26% of all online consumer sales leads were invalid, with major implications for auto and other industries that rely on online lead collection;
  • 4.2% of outdoor advertising was invalid or not displayed;
  • 48% of social media advertising traffic was invalid. On average, 57.5% of KOL fans were invalid, with baby & mom KOLs having the highest rate of invalid fans (65.1%).

Since 2013, Miaozhen has been dedicated to the healthy development of the China digital marketing ecosystem. Besides contributing to national digital marketing industry standards, Miaozhen offers innovative, cutting-edge IVT filtration and influencer evaluation solutions to help make the industry more transparent and trustworthy. Clients who used Miaozhen’s intelligent IVT filtration solution SmartVerify had an average IVT rate of 4.7%, far lower than the 2019 average of 31.9%, and saved an estimated total of 4.5 billion RMB that would have been lost to invalid traffic.

To learn more about Miaozhen Systems, please visit www.miaozhen.com.

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Related Links :

http://www.miaozhen.com

PR Newswire
New Hero Tagahl Sherekhan Arrives in “Shadow Arena”

SEOUL, South Korea, June 12, 2020 /PRNewswire/ — Pearl Abyss today announced that a new Hero Tagahl Sherekhan has arrived in Shadow Arena, Pearl Abyss’ brand new action-packed battle royale game currently available in Early Access on Steam. The free-to-play game now offers eleven Heroes, each catering to different strategies and combat styles. 

New Hero Tagahl Sherekhan Arrives in Shadow Arena
New Hero Tagahl Sherekhan Arrives in Shadow Arena

With an origin story written in the annals of Black Desert Online lore, Tagahl Sherekhan is a descendant of the Dragon Hunter tribe Sherekhan. When a ferocious dragon appeared in Calpheon and terrorized its people, they called Tagahl for help. However, when Calpheon failed to reward him for defeating the dragon, he turned his back on those lands in discontent and left. He has finally found his way to the world of Shadow Arena, where he is preparing himself for a new battle.  

Tagahl is a warrior who uses his main weapon, his signature glaive, to deliver widespread damage with every blow. His ability to bypass or weaken his opponents’ defenses also allows him to attempt reversals. Players can now use his Inherent Skills to attack enemies more strategically.  

With the arrival of the new Hero, various in-game events are taking place in Shadow Arena. Players can now claim a Hero through the free DLC package on Steam until July 9. Those who submit their play strategies through the official website or participate in the social media event will also have the chance to win a special item. Until June 18, a Hot Time event will run where players can receive 5 times more silver for completing Daily Quests.  

In the meantime, "Shadow Arena Regional Cup – Asia" was hosted for the first time to determine the best of the best on the Asia server. The top 3 placements were announced based on points earned during the tournament who received rewards including a special winner’s-exclusive skin, title, and a large amount of silver.      

For more information, visit the official website, Discord, Facebook, YouTube, and Twitter. 

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PR Newswire
Miaozhen Systems Announces Its Focus on Omni Measurement & Business Intelligence

BEIJING, June 12, 2020 /PRNewswire/ — China’s leading omni measurement and business intelligence analytics solutions provider Miaozhen Systems, a part of Mininglamp Technology Group, has unveiled its rebranding. The change includes an expanded range of products and services, with a new positioning of omni measurement and business intelligence analytics, as well as an updated visual language.

Miaozhen Systems was established in 2006 by Minghui Wu, serial entrepreneur and Mininglamp Technology Group’s founder, chairman, and CEO. Since its founding, Miaozhen Systems has been committed to helping enterprises accurately measure and optimize their marketing effectiveness. It has also been instrumental in increasing transparency in the China digital marketing industry. 

Miaozhen Systems’ rebranding marks an expanded focus on omni measurement and business intelligence instead of its historical focus on ad and marketing measurement. Miaozhen Systems will be able to use omni measurement to analyze every touch point between business and consumer across multiple platforms and media types, and harness Mininglamp Technology Group’s AI capabilities to mine big data for business intelligence. With these technologies, Miaozhen Systems will be able to help enterprises make optimized, customer-centric business decisions and stay ahead of the curve. 

After rebranding, Miaozhen Systems will have two major service unites:

Omni-marketing Intelligence (OMI): Miaozhen Systems’ service unit focused on omni-measurement and marketing optimization. Uses big data and AI technology to provide businesses with digital measurement, evaluation, and optimization solutions for advertising, marketing, and business. Helps enterprises make decisions based on real & accurate data and empowers high-speed growth.

Business Intelligence & Analytics (BIA): Miaozhen Systems’ service unit focusing on business intelligence and analytics. Provides BIA services using big data and AI technology and based on real-time, accurate, comprehensive ad, social, and e-commerce data. Helps enterprises predict trends in the market, optimize business decisions, and achieve commercial value.


Miaozhen Systems’ new brand positioning is also reflected in its new visual identity. The concentric radiating circles and markings suggest its focus on broader measurement and deeper analytics. They also bring to mind a rotating engine, symbolizing continuous empowerment of its clients to create commercial value.

Photo – https://photos.prnasia.com/prnh/20200611/2827532-1?lang=0

 

PR Newswire
Cohesio Group to bring Silicon Valley’s Fetch Robotics solutions to Australia and New Zealand region

MELBOURNE, Australia and SAN JOSE, Calif., June 12, 2020 /PRNewswire/ — Technology solutions provider Cohesio Group (Körber Supply Chain) has announced it has formed a partnership with autonomous mobile robot (AMR) provider, Fetch Robotics. The two leading providers will collaborate to help retailers and logistics providers in the Asia Pacific region to deliver advanced automation through flexible and scalable solutions. 

Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch's flexible and scalable AMR solution in Australia and New Zealand.
Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch’s flexible and scalable AMR solution in Australia and New Zealand.

Formed in 2014, the California-based intralogistics automation company pioneered the world’s first cloud robotics platform for delivering on-demand automation in any facility.

Fetch Robotics is unique in that it provides a cloud robotics platform that autonomously moves and tracks virtually anything in any warehouse or manufacturing environment ranging from parts as small as a transistor to pallets weighing 1500 kilograms.

Headquartered in Silicon Valley, Fetch Robotics provides the only autonomous mobile robot solution that deploys in hours as opposed to days or weeks.

The intralogistics provider has received a number of accolades including being named as a Leader in IDC MarketScape for Autonomous Mobile Robots for General Warehouse Automation 2019, being recognised by Fast Company in the category of Most Innovative Company and named as a Technology Pioneer by the World Economic Forum in 2018.

Cohesio Group will add Fetch Robotics to its already extensive portfolio of enterprise-graded solutions spanning automation, voice enabled technologies, handheld devices and workflow optimisation.

The leading technology solutions provider has recently deployed solutions for CEVA Logistics, Wesfarmers and Bollore Logistics to name a few, providing efficiency and productivity gains upwards of 200 per cent.

In Asia Pacific, the industrial robotics market is expected to grow by more than 13 per cent and is set to reach AUD $151 billion by 2026, according to data released by market research provider Research and Markets. Increasing customer demand is a major driving factor in this, and Cohesio Group has been at the centre of major automation deployments in the Asia Pacific region.

"Fetch Robotics is a market leader in automation. At Cohesio we always want to offer our clients the very best and latest technology in automation and have therefore made the decision to broaden our portfolio in partnering with Fetch Robotics. We know the demand for automation in this region is growing, and we want to ensure we can offer a full range of products and services to our customers to help them meet this challenging demand," Nishan Wijemanne, CEO of Cohesio Group said. 

"We are excited to partner with Cohesio Group. We know that Cohesio has a reputation in this region for working closely with its customers to establish flexible and agile automated solutions. In Cohesio we have found a partner who is pushing the boundaries of what is possible in automation and technology and is committed to innovation across the entire supply chain. For this reason, we are very excited to see what we can achieve together in the fast-growing Asia Pacific e-commerce market," Melonee Wise, CEO of Fetch Robotics said.

"The Fetch Robotics solutions offer immediate efficiency gains around travel and labour time. The robots can be fully operational in a matter of hours and do not require extensive changes to warehouse environments or existing processes. Providing significant efficiency and productivity gains, warehouse operators instead have the time to focus on higher-level and more productive tasks," Ravi Nath, Head of Automated Solutions at Cohesio Group said. 

Cohesio Group was acquired by international logistics giant Körber in September last year. It was recently announced that Cohesio Group would join eleven other sister companies under the umbrella Körber Supply Chain as part of a global rebrand. The united brand will become a leading international technology provider with a diverse range of capabilities spanning software, automation, voice, robotics and material handling equipment.

About Fetch Robotics

Fetch Robotics is an award-winning intralogistics automation company headquartered in Silicon Valley. By combining autonomous mobile robotics with the power of the cloud, the Fetch Cloud Robotics Platform provides on-demand automation solutions for material handling and inventory management, with the power to find, track, and move almost anything in any facility. Fetch Robotics’ solutions and services are deployed in leading distribution, fulfillment, and manufacturing centers around the world, augmenting workforces to drive increased efficiency and productivity. For more information, please visit www.fetchrobotics.com or follow the company on Twitter @FetchRobotics.

About Cohesio Group

Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com 

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Related Links :

http://www.cohesiogroup.com

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