Monthly Archives: July 2020

PR Newswire

Despite Global Pandemic and Recession – 4ARTechnologies is the First Start-up to Fulfil Its ICO Promises With Innovative Product Release and Exchange Listing

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ZUG, Switzerland, July 2, 2020 — Following the implementation of Apple recommendations, the Swiss company 4ARTechnologies launches the next version of the 4ARTapp, the art innovation that already has customers in over 60 countries, and has now successfully placed its cryptocurrency 4ARTcoin on the renowned BITTREX Global exchange in Liechtenstein.

Niko Kipouros, Founder and CEO, Photo: Michael Weber
Niko Kipouros, Founder and CEO, Photo: Michael Weber

 

4ARTechnologies is the first Startup to fulfill its ICO promises
4ARTechnologies is the first Startup to fulfill its ICO promises

With the placement on the exchange, 4ARTechnologies is the first company in the world to have successfully completed an Initial Coin Offering (ICO) with an existing product and whose cryptocurrency is listed on a trading exchange with a stable value.

The 4ARTcoin is the world’s first cryptocurrency for the art world. It will enable transactions between all art market participants, maximizing security and eliminating transaction or exchange losses. The digital currency further supports the digitization of the global art market, which was accelerated by the COVID-19 pandemic, and the shift of trade to borderless online platforms. In addition, customers of 4ARTechnologies can pay for services within the 4ARTapp using the 4ARTcoin and receive a 20 percent discount.

Since the demand for the 4ARTcoin will increase with the expanding use of the 4ARTapp in the art market, financial experts expect the value of the cryptocurrency will only become higher in the long-term. Currently, the 4ARTcoin can only be purchased and traded by investors on the BITTREX Global exchange.

About 4ARTechnologies

With the goal of protecting the cultural heritage of art for future generations and bringing the global art market into the digital age, 4ARTechnologies is setting a new digital standard for the art world. The company combines the blockchain with its patented technology and offers all art world participants more transparency, security and efficiency.

https://www.4art-technologies.com/services

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Contact:
4ARTechnologies AG
Dino Lewkowicz 
dino@4art-technologies.com 
Mobile: +41-78-955-42-44 
www.4art-technologies.com

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PR Newswire

The Critical Need for IoT Cybersecurity Will Drive Device Authentication Services to US$8.4 Billion Revenues by 2026

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The increasing threat landscape is forcing IoT implementors and vendors to embrace and prioritize new hardware-focused digital security options 

LONDON, July 2, 2020 — By 2026, IoT connections will exceed 23 billion across all major IoT markets. Almost all those connections will be faced with incessant and constantly evolving cyber-threats, forcing implementers and IoT vendors to embrace new digital security options to protect managed fleets and connected assets. Secure device authentication currently stands among the top-tier investment priorities for key IoT markets. Global tech market advisory firm, ABI Research, expects that hardware focused IoT authentication services will reach US$8.4 billion in revenues by 2026.

“There are several key technologies revolving around authentication security that currently transform the IoT device value chain. Chief elements among them revolve around IoT identity issuance, provisioning, authentication, encryption key lifecycle management, access management and attestation,” explains Dimitrios Pavlakis, Industry Analyst at ABI Research. These are the prime focus of IoT vendors who capitalize on the emerging threat horizon to better position their services and explore new IoT monetization models.

“As it currently stands, the IoT is not a secure place for future deployments and both IoT players and digital security vendors are aware of that,” comments Pavlakis. “The good news is that the recent change in thinking has caused a noticeable mentality shift and investment surge for secure authentication technologies across the IoT ecosystem; the bad news is that this also gives rise to many IoT management offerings with questionable levels of security and intelligence.”  

IoT authentication services need to consider a plethora of variables, sharing both operational and connectivity as well as security characteristics. “Just because cybersecurity investments need to enter deeper into the IoT deployment equation does not mean that operational variables will be left unaccounted,” explains Pavlakis. “Bandwidth capacity, connectivity requirements, operational specifications and device heterogeneity, digital footprint and processing power, edge-cloud dependencies, telemetry and intelligence are all key factors that need to be addressed to obtain a sustainable growth for the IoT going forward.”

Many IoT security vendors are taking advantage of the recent IoT investment surge to increase their market footprint and deliver security-first authentication and management services for the IoT supported by a multitude of flexible pricing models. Market leaders and innovative companies offering IoT security services operating in different areas of the IoT value chain include Intel, Microsoft Azure, Amazon Web Services, Entrust Datacard, Rambus, Data I/O, and Globalsign.

These findings are from ABI Research’s Device Authentication in IoT technology analysis report. This report is part of the company’s Digital Security research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Technology Analysis reports present in-depth analysis on key market trends and factors for a specific technology.

About ABI Research
ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info: 

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

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PR Newswire

Veoneer and Volvo Cars Finalize Split of Software Joint Venture Zenuity

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STOCKHOLM, July 2, 2020 — The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and systems team with around 200 software engineers joining the Company.

On April 2, Veoneer and Volvo Cars announced a preliminary agreement to split the software joint venture Zenuity in order for each company to more effectively drive their respective strategies.  The parties entered into definitive agreements on July 1.  As part of the split, Veoneer received IP licenses and added around 200 software engineers, located in Germany, the US and Sweden, which strengthens its software and systems team focused on the development and commercialization of advanced driver assistance system (ADAS) software for collaborative driving.

As announced earlier, Veoneer expects to achieve annual savings of around $30 – $40 million as a result of the split. As part of the transaction, Veoneer receives cash of around $15 million.

“During the next decade, more than 90% of our available market will be for advanced driver assistance systems and collaborative driving. I would like to give a warm welcome to the talented people that are now joining us, they will be key contributors in our pursuit for leadership in the growing ADAS market”, says Jan Carlson, Chairman, President & CEO, of Veoneer.
 

For more information please contact:
Thomas Jonsson, EVP Communications & IR, tel +46 (0)8 527-762-27
Ray Pekar, VP Investor Relations, tel +1 (248) 794-4537
 

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, manufacture and sell state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,600 employees in 13 countries. In 2019, sales amounted to $1.9 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).
 

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

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WhatsApp Dark Mode now Available on Web and Desktop app – Still not a Good Reason to Ghost People

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WhatsApp introduced their dark mode to their smartphone apps late last year. If you have switched your app to dark mode, good for you. If you have not, you should take a look and maybe never look back. As the saying goes; “once you go black, you’ll never go back”. Before you say anything, we are not implying any racist jokes, it is a sensitive time, we are merely referring to the endless ‘dark mode’ tweaks that have been making its way to smartphones. Going dark is the trend these days anyway.

There is a benefit of going for dark mode in your smartphone apps, other than looking cool and sleek. You get better battery life because black colour consumes less power on your smartphones’ displays. This is especially true for LED based displays. There is a small issue with the Android version of the app though – it is not exactly black. Instead, you get a shade of navy and grey.

Dark mode also helps when you just woke up and look at your smartphone first. It does not blind you or strain your eyes. There is a reason why Blue Light filters make your whites look a little more yellow. White colour strains your eyes quite badly especially indoors and in darker situations. It somehow signals your brains that it is still daylight too when you have white backgrounds on your smartphones, and you read at night.

Somehow, dark mode allows you to have a better time reading on your backlit displays too. You are able to read for longer periods without getting a headache. Again, this may have plenty to do with Blue Lights and better contrasts.

Back to WhatsApp. Ever since WhatsApp introduced dark mode in their smartphone app, the demand for dark mode stuff grew to other apps including Facebook. It even grew so much that people are asking for dark mode PC apps now too. Not only do they look more modern, they look cleaner somehow.

Yesterday is the day that Facebook finally gives what people want, a dark mode on WhatsApp Web and Desktop app. Let me start by saying it looks more like Telegram’s dark mode on your smartphone than anything. Telegram does not even have a dark mode on their web and desktop app. Given, there are more greens on WhatsApp.

It does look more modern and cleaner though. The fonts turn white and the backgrounds are different shades of grey, not exactly black. It somehow transforms the WhatsApp experience. Suddenly WhatsApp does not look like WhatsApp that we knew anymore.

Still, we are digging the new look and will keep this look. Plus, it is still less straining to the eyes. For you to change your WhatsApp Web or Desktop app to dark mode, you just need to get to settings and click on the “theme” option to turn on the inner darkness. Now, on to Facebook’s dark mode on their app.

PR Newswire

BEST Inc. Further Expands its Express Delivery Services in Southeast Asia

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Launches its technology-enabled parcel delivery services in Malaysia, Cambodia and Singapore to address rising e-commerce demand

HANGZHOU, China, July 2, 2020 — BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, today announced its further expansion into Southeast Asia.

BEST Inc.'s express sortation center in Kuala Lumpur, Malaysia
BEST Inc.’s express sortation center in Kuala Lumpur, Malaysia

 

BEST’s launch of express delivery services in Malaysia, Cambodia and Singapore follows its entry into Thailand and Vietnam last year and marks another significant step forward in the Company’s ambitions to build an efficient logistics network with extensive coverage in Southeast Asia.

 

The Company also announced to elevate its international logistics solutions by launching cross-border services between China and the five markets in Southeast Asia this month.

Johnny Chou, Founder, Chairman and CEO of BEST Inc., said, “We are excited to develop our logistics networks in Southeast Asia, a key focus area of our global strategy. The outbreak of COVID-19 accelerated and amplified consumers’ reliance on e-commerce and created even larger potential opportunities in the region. We are confident that our technology-enabled logistics services and high-quality express delivery options will be a critical service component for both merchants and consumers, during both this difficult period and beyond it.”

By leveraging its asset-light model and successful experience in Thailand and Vietnam, BEST plans to be operating a total of twelve sortation centers and around 400 service stations across Malaysia, Cambodia and Singapore over the next three years. This includes two customized flagship sortation centers in Kuala Lumpur and Phnom Penh that will be equipped with cutting-edge automation equipment, such as high-speed automatic sorting lines and dimension-weight-scanning systems.

According to joint research by Google, Temasek and Bain & Company, with 360 million mobile-savvy Internet users, Southeast Asia’s e-commerce sector is on track to reach US$150 billion by 2025 from US$38 billion in 2019. In order to meet rising e-commerce demands and evolving customer needs, BEST is offering next-day delivery options for major areas of Thailand and same-day deliveries in Ho Chi Minh City and Hanoi in Vietnam. The Company’s total parcel volume from Southeast Asia reached 8.8 million parcels in the first quarter.

BEST is also eyeing opportunities to provide additional services in the region, including supply chain management, freight delivery, and truckload capacity brokerage, with plans to operate in Indonesia and the Philippines in the near future.

SAFE HARBOR STATEMENT

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of 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” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as BEST’s strategic and operational plans, contain forward-looking statements. BEST may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about BEST’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: BEST’s goals and strategies; BEST’s future business development, results of operations and financial condition; BEST’s ability to maintain and enhance its ecosystem; BEST’s ability to continue to innovate, meet evolving market trends, adapt to changing customer demands and maintain its culture of innovation; fluctuations in general economic and business conditions in China and other countries in which BEST operates, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in BEST’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and BEST does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

ABOUT BEST INC.

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-add services, including express and freight delivery, supply chain management and last-mile services, truckload service brokerage, international logistics and financial services. BEST’s mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain. For more information, please visit: http://www.best-inc.com/en/.  

 

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PR Newswire

Cloud4C, World’s Leading Cloud Managed Services Provider Launches its Operations in South Korea

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SEOUL, South Korea, July 2, 2020 — Cloud4C, the world’s leading cloud Managed Services announced launch of its operations in South Korea. Cloud4C delivers a broad array of services including cloud migration to hyperscalers, hybrid cloud, cloud managed services, IT modernization services, disaster recovery services and managed security services among others. The company serves 60 of the Fortune 500 Global Multinationals and has presence in 25 countries and 50 locations.

Cloud4C, World’s leading Cloud Managed Services Provider, launched its South Korean Operations
Cloud4C, World’s leading Cloud Managed Services Provider, launched its South Korean Operations

Businesses in South Korea who are looking to embark on digital transformation or IT modernization journey will benefit immensely from Cloud4C service portfolio. Cloud4C is cloud managed services provider with key strategic partnerships with SAP, AWS, Microsoft Azure, Google Cloud Platform, while it brings its own public cloud platform. It has helped SAP launch its SAP HANA Enterprise Cloud across 25 countries and serves world renowned global brands.

Sridhar Pinnapureddy, Founder and CEO, Cloud4C said, "We are delighted to launch our operations in South Korea which is world’s 12th largest economy with a unique geographic position and pursues business-friendly policies with tremendous potential for growth. We plan to enable businesses in South Korea through our wide spectrum of services to help them address their critical business needs through differentiated offerings such as banking community cloud, SAP community cloud, cloud migration services to hyperscale cloud providers and cloud managed services." He further added, "We bring to South Korea our experience of working with 4,000 enterprises from across the world to help CIOs embark on their digital transformation and help them achieve their technology and business goals. We plan to partner with South Korean CIOs to help them play a larger role in evolving their IT strategies and establish digital Leadership."

Cloud4C plans to set up Cloud4C Academy in South Korea in partnership with the Government and leading IT Universities to train and nurture local talents with adequate industry exposure. "We aim to train the youth in South Korea and prepare them for a bright future in cloud computing to help them gain employment and eventually assume leadership roles in the industry," said Sridhar Pinnapureddy.

The company has recently appointed Peter Seo, Country Head and Vice President, he will be based out of Seoul and provide leadership and growth direction to the organization.

Peter Seo said, "Leveraging the existing alliances as Premium Supplier of SAP HANA Enterprise Cloud, we aim to be the number one SAP partner in the region. As an Azure Expert MSP, Advanced Consulting partner of AWS, Managed services partner of GCP and OCI, we have the groundwork to build a collaborative ecosystem to deliver stellar business outcomes for organization in South Korea, China and Japan looking to modernize their IT environment."

About Cloud4C

Cloud4C is the World’s leading Cloud Managed Services Provider serving 4,000 customers in 25 Countries and 50 locations including 60 of the Fortune 500 Global Multinationals. The company provides cloud (public, private, hybrid) and community cloud services (Banking Community Cloud, SAP Community Cloud), cloud migration on hyperscalers such as AWS, Microsoft Azure, Google Cloud, end to end cloud managed services, disaster recovery services, managed security services.

The company plans to expand its geographical footprint to 80 countries and 160 locations worldwide in the next 36 to 48 months.

www.cloud4c.com

Media Contact:
B.S.Rao
Vice President and Global Head (PR and Communications)
bsrao@cloud4c.com 

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PR Newswire

Enea Signs Traffic Management Contract Worth USD 1.3 Million

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STOCKHOLM, July 2, 2020 — Enea has signed a five-year contract for deployment of a Traffic Management platform and related software modules for acceleration and optimization with a local telecom service provider in Egypt. The minimum contract value is USD 1.3 million.

The contract includes a defined number of initial software licenses and associated services, such as integration, support, and maintenance. Software license and integration service revenues are recognized during the platform deployment project which is scheduled to occur during Q3 2020-Q1 2021. The customer has the option to purchase additional licenses in accordance with network traffic usage. Support and maintenance revenues will be recognized during the full contract period.

Enea is a market leader supporting mobile operators around the world in managing wireless network traffic more efficiently (lower total cost of ownership), and effectively (faster network speeds). The Enea Openwave Traffic Management solutions alleviate radio access network (RAN) congestion and maximize customer quality of experience.

"Traffic management technology helps customers handle increasing traffic and improve quality-of-experience for end users", says Jan Häglund, President and CEO of Enea. "The new contract confirms our position as market leader."   

This information is information that Enea AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, on July 1, 2020 at 21:00 CEST.

For more information contact:

Jan Häglund, President and CEO
E-mail: jan.haglund@enea.com

Lotta Trulsson, Executive Assistant
E-mail: lotta.trulsson@enea.com
Phone: +46 8 507 140 00

About Enea

Enea is a world-leading supplier of innovative software components for telecommunications and cybersecurity. Focus areas are cloud-native, 5G-ready products for mobile core, network virtualization, and traffic intelligence. More than 3 billion people rely on Enea technologies in their daily lives. Enea is listed on Nasdaq Stockholm. For more information: www.enea.com.   

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Free 1GB For Now, Free 1GB for Later, Free 1GB For the Entire Day!

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The whole COVID-19 situation has made 2020 a little bit of a write off. There are at least a few things that made 2020 look a little better, some positivity. We now realise that we can be productive at home, we save a little bit more money and become a little more healthy by not eating out, prices of petrol goes down, we get our own little 1m bubble of personal space, and best of all – free data.

By now, everyone would have known that you can claim 1GB of free data daily from the major operators like Maxis, Digi, Celcom, UMobile, and Unifi Mobile. There are limitations to that though. The 1GB of data only applies from 8.00 a.m. to 6.00 p.m. in the evening.

1GB of data may not sound like much at first. Start using them for just emails and sharing documents and even get on a messenger app though and you might be pleasantly surprised. Without watching Netflix, YouTube, stream at high-quality with Spotify, or downloading games, 1GB is way more than enough. 8.00 a.m. to 6.00 p.m. is also the usual working time for the average Malaysian. So the time limit made plenty of sense. At least that was the case until June 2020.

From the 1st of July, 2020l; which was yesterday, all the way until 31st December 2020, users of the major telecommunication operators get to enjoy the 1GB of free data daily for 24 hours instead of a restricted time of the day. That also means you get about 30GB of free data in the week.

If your home is equipped with its own internet, you would find that 30GB is a little too much to spend. We wonder how some people can have 60GB of data and still not have enough. Still, we like free things and so we will gladly take it with open arms. For more information regarding this new policy, you can head over to your telco’s websites. No, it is not too late to switch over telco too; we did not mention which to which.

PR Newswire

ESET promotes Parvinder Walia to President of Asia Pacific & Japan

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SINGAPORE, July 2, 2020 — ESET, a global leader in cybersecurity, has named Parvinder Walia as President of Asia Pacific & Japan (APJ) to oversee the continued expansion and development of the business in the region. Parvinder will be responsible for driving ESET’s go-to-market strategy and accelerating business expansion in the region. He succeeds Lukas Raksa, Chief Operating Officer for Asia Pacific (APAC).

ESET promotes Parvinder Walia to President of Asia Pacific & Japan
ESET promotes Parvinder Walia to President of Asia Pacific & Japan

Parvinder is a seasoned sales and marketing leader and has held several roles at ESET over the past decade. This new role builds on his previous responsibilities as Sales and Marketing Director for APAC Region, where he drove the sales strategy for ESET’s channel driven business model, expanded the partner network, and led the sales and marketing teams in the region.

"Parvinder has been instrumental in driving our business success and expansion in the APAC region over the past decade," said Miroslav Mikuš, Chief Sales Officer of ESET. "We are proud of Parvinder’s career progression and achievements. It is a testament to ESET’s culture of developing internal talent. I am confident that Parvinder has the right mix of experience and leadership qualities to drive the next phase of growth in a rapidly evolving business environment."

"I am looking forward to working closely with our customers and partners at a time when cybersecurity is more important than ever. As work from home becomes the new normal, businesses must rethink their cybersecurity strategy," said Parvinder. "Helping our partners and customers navigate through the uncertainty is the first priority for me."

Parvinder joined ESET as Channel Marketing Manager for APAC in April 2009 and was based in Sydney, Australia. He moved to Singapore in 2010, when ESET’s regional office in Singapore was established. Prior to working with ESET, he was with CA Technologies managing APAC accounts for internet security products. Parvinder has a double Master’s in Business Administration and Engineering Management from the University of Technology Sydney.

About ESET

For more than 30 years, ESET® has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint and mobile security to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give consumers and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24/7, updating defenses in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D centers worldwide, ESET is the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single "in-the-wild" malware without interruption since 2003. For more information, visit www.eset.com or follow us on LinkedIn, Facebook and Twitter.

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PR Newswire

Tencent Music Entertainment Group Announces Strategic Partnership with CoMix Wave Films

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Partnership brings to TME’s platforms the soundtracks of CoMix Wave Films Inc.’s popular animated works, including 5 Centimeters per Second and The Garden of Words

SHENZHEN, China, July 2, 2020 –Tencent Music Entertainment Group (TME) (NYSE:TME) has established a strategic partnership with CoMix Wave Films Inc. (CWF), a leading Japanese animated movie studio and distribution company known especially for the works of Makoto Shinkai and Jiro Tsunoda. Under this new partnership, the original soundtracks from 17 popular animated movies, including 5 Centimeters per Second and The Garden of Words, both directed by Makoto Shinkai, will go live on TME’s music platforms – QQ Music, Kugou Music, Kuwo Music and WeSing.

As a leader in the Japanese anime sector, CWF has a strong lineup of works deeply loved around the world. Makoto Shinkai Studio, an emerging animation studio under CWF, has drawn the attention of Chinese animation fans for its capabilities in creating immersive experiences in each of its works, with Your Name and Weathering With You as two of the most successful, by leveraging the unique combination of refined visual effects and emotionally strong soundtracks.

CWF commented on the strategic partnership, "TME has over 800 million monthly active users across several leading Chinese digital music and entertainment platforms, each of which boasts a huge user base of young people that offers a great environment to provide a deeper understanding of Japanese culture as embodied by music. With years of experience and accumulated expertise in digital music, TME will help CWF accelerate its digital transformation. By leveraging TME’s proven capabilities in promotion and distribution of digital music and entertainment works, CWF expects to offer animated music fans a diversified lineup of content and experiences, unleashing the unlimited power of music." 

TME, a long-established player in the segment encompassing ACG (anime, comic and game) songs, selected leading global animation firm CWF as its strategic partner with the aim of addressing demand from fans for access to music specific to their preferences, while maximizing the value that can be derived from the various ACG music segments. TME plans to combine its strength in terms of music and entertainment with CWF’s strong production capabilities in anticipation of boosting the growth of the music IP industry.

As part of TME’s efforts to enhance its presence in the world of Japanese ACG music, the company signed a deal with Japanese music label Being in March 2020. With the partnership, TME obtained the music copyrights of popular animations owned by Being, including Detective Conan, Slam Dunk, Dragon Ball and Chibi Maruko-chan, immersing music fans in a wonderful world of animation accompanied by great music. 

By adding the Japanese ACG music collection to its portfolio, TME has expanded its footprint in content verticals and accelerated the build-out of an international content ecosystem. In recent years, TME has already entered into strategic cooperation agreements with famous overseas labels, including Sony Music, Warner Music Group, Universal Music Group, Being, Inc, Believe Digital, Stem Music, Roba Music Publishing, Hillsong and Twin Music.

Looking ahead, TME plans to work with CWF and other partners to build a global multicultural digital music and entertainment ecosystem and create a music partner-friendly environment as they co-create content for every conceivable musical genre. TME will continue pursuing its vision of increasing the value of musical content and further exploring the potential of the music industry by providing fans with engaging music and entertainment experiences while enhancing the connections between fans and content.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.

For more information, please visit https://www.tencentmusic.com/

Media Contact:
Edmond Lococo, ICR Inc.
Phone: +86-10-6583-7510
Email: TME.PR@icrinc.com