Monthly Archives: August 2020

PR Newswire

AppGallery Continues to Thrive in Malaysian Market

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The Malaysian AppGallery is continuing growing, bringing a greater variety of relevant and quality apps to Malaysian users.

In recognition of its committed partners in Malaysia, AppGallery has demonstrated the power of regional marketing to six of its most popular apps.

SHENZHEN, China, Aug. 7, 2020 — Providing its customers with the most innovative new apps, the Malaysian AppGallery has continued to grow over the past year. In celebration of this local-market success, six partners have been selected to experience the value of regional marketing as part of a global campaign. Inspiring developers to realize their app’s business potential with AppGallery, the campaign is taking place across 20 countries, including Malaysia.

AppGallery: An App Marketplace That Aggregates Quality Global and Local Applications

One of the top three app marketplaces globally, AppGallery prioritizes the diverse needs of its worldwide audience by providing the best, new apps on both a global and local scale. AppGallery’s 460 million active users across 170 regions demonstrate the platform’s growth, with consumer needs a key focal point.

Huawei looks to local developers, inviting them to list their apps on AppGallery to meet the demand of consumers while supporting the local market. With innovative technology offerings and advanced marketing support, AppGallery offers a competitive route for developers.

Being one of AppGallery’s key markets, Malaysia has seen an acceleration of local app onboarding. Malaysia’s AppGallery has been able to provide customers with access to some of the most popular local apps and services they need. Consumers can now enjoy apps such as LINE, Shopee, Agoda, MyDigi App, Maybank2u and AirAsia, all available on AppGallery.

Assisting Partners to Grow through Regional Promotion

Demonstrating AppGallery’s commitment to growth in the Malaysian market, as part of the global scale campaign, six of the country’s most popular apps have been selected for additional regional promotion to further enhance brand influence. 

Encouraging partners to realize their business potential through targeted marketing, the campaign demonstrates the value of AppGallery’s supporting promotion. The six partners were promoted across television commercials and AppGallery’s regional platforms, featuring specially created video footage and supporting imagery.

Popular Malaysian apps on AppGallery
Popular Malaysian apps on AppGallery

As part of the wider campaign, AppGallery partners in Malaysia benefited from enhanced brand awareness in the local market, leading to an increase in app downloads and engagement.

Capitalizing on extensive marketing capabilities, the following apps received the additional support as part of the campaign:

  • Lazada – continuing to grow in popularity, Lazada offers consumers an effortless shopping experience and claims to be one of the leading apps in ecommerce.
  • Shopee – a popular shopping app where consumers can buy and sell, Shopee has millions of customers looking to list products and shop for deals and discounts online.
  • Lords Mobile – one of Huawei’s most popular gaming options, Lords Mobile boasts of high scoring reviews due to its original, adventure-driven style.
  • Foodpanda – host to some of the most popular restaurants and cafes, this delivery-based app allows its users to conveniently browse and order from local outlets based on location.
  • Dahmakan – another food delivery option for consumers, Dahmakan works directly with its local chefs to provide a top selection of popular food options for delivery.
  • Huawei Video – increasingly popular entertainment platform, Huawei Video provides users with access to the latest films, TV shows and series.

Each partner experienced a surge in user downloads, with AppGallery’s regional marketing resources driving this progression.

AppGallery’s Commitment

Through its commitment to Malaysia’s market, AppGallery has driven download figures and consumer engagement on local apps. By supporting developers in key market regions, AppGallery can ensure its customers are provided with the best possible app selection. 

AppGallery is dedicated to listening to its customers. Through its ‘Wish List’ service, users can submit the apps they would like to see on AppGallery, receiving a notification once it’s available. Since January 2019, AppGallery has onboarded over 580 apps in response to Wish List.

For more information, visit: https://developer.huawei.com/consumer/en/huaweihealth

For more partnership stories and discussions, visit the HUAWEI Developer Forum: https://forums.developer.huawei.com/forumPortal/en/home?fid=0101246461018590361

Photo – https://photos.prnasia.com/prnh/20200807/2879600-1?lang=0

 

Related Links :

http://huawei.com

PR Newswire

BOE exhibits leading-edge display technologies at Display Week 2020

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BEIJING, Aug. 9, 2020 — SID Display Week, the most influential tradeshow for the global display community, presented the first ever virtual show on August 3, 2020. BOE showed a slew of its innovative display technologies and applications such as printing OLED, flexible display, Mini LED, BD Cell, and reflective LCD display in mind-blowing videos, exposing global visitors to the charm of leading-edge technologies.

Mini LED stood out as one of the most sought-after technologies at Display Week 2020. BOE exhibited its 75-inch 8K and 27-inch 4K Mini LED products. The use of glass-based Mini-LED backlight and High Dynamic Range (HDR) technology helps to improve display effect significantly, enabling a brightness level of up to 1,500 nits and a contrast ratio of 1,000,000:1. The exceptional color performance gave the visitors an stunning visual experience.

BOE’s BD Cell display, recognized as Display of the Year 2020 by the Society for Information Display (SID), also appeared at the virtual event, as a brand-new breakthrough in display technology. BOE showcased a series of such products such as 110-inch 8K BD Cell display, 75-inch 8K BD Cell display, 98-inch 4K BD Cell display, and 3.5-inch BD Cell display for VR headsets. BOE’s BD Cell displays feature pixel-level ultra-fine light control, an ultra-high contrast ratio of up to million-level, and 12-bit color depth, which makes it possible to present perfect lifelike images. In addition to high-end TV products, BOE’s BD Cell technology will also be applied to monitors, vehicles, wearables and other products.

BOE also presented the world’s first 55-inch 8K printing OLED display at Display Week 2020. It is made using the world’s leading RGB printing technology and Oxide processes, which enables the perfect presentation of 8K images. This represents a major direction of development for large-sized OLED displays. BOE has also launched 14-inch, 17-inch, and 30-inch products to advance the development of printing OLED.

Moreover, BOE brought to visitors its flexible AMOLED displays that can be folded, bent and rolled up, showing them the unlimited potential of flexible displays. A laptop display with a refresh rate up to 360Hz, fully meet user requirements of playing games or watching videos. Reflective displays can be applied to e-books, tablets, bus stop signs, outdoor displays, etc., bringing people a healthier and more eco-friendly display solution.

Innovative technologies always come along with exhilarating applications. BOE’s innovative display products and solutions are creating a more exciting world of vision for people and opening up more possibilities for smart living.

PR Newswire

Linking Hangzhou: Hangzhou Municipal Bureau of Culture, Radio, TV and Tourism Launches Live-Streamed International Roadshow

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HANGZHOU, China, Aug. 8, 2020 — On the afternoon of August 7, Hangzhou Municipal Bureau of Culture, Radio, TV and Tourism launches the "Linking Hangzhou" international roadshow online, in a bid to enhance the global influence of Hangzhou as a "new economy conference destination." While presenting a new chapter of the cosmopolitan metropolis, it also envisions the revival of Hangzhou’s cultural and tourism industries in the post-COVID-19 era. The event leverages live-streaming platforms and online video conferencing technology at home and abroad, and simultaneously promotes Hangzhou’s MICE resources to customers worldwide for the first time. It not only demonstrates the vitality of Hangzhou as a "new economic conference destination," but also showcases the infinite potential of Hangzhou, a historically and culturally famed city with ever-lasting charm, as it embraces the future. At the same time, the event also invites 37 Singaporean MICE customers to join Hangzhou-based enterprises in online business negotiations in an endeavor to promote the city’s new image and attract more international conferences.

Highlight 1: Hangzhou’s First Online International Promotion in the Post-COVID-19 Era

The "Linking Hangzhou" international roadshow is an exploratory measure of Hangzhou Municipal Bureau of Culture, Radio, TV and Tourism, which for the first time live-streams its MICE promotion worldwide. Having adapted to the post-COVID-19 era, the bureau advertises Hangzhou’s strengths and resources as a new economy conference destination to the world through Dingtalk, BizConf Video and social network platforms such as Facebook and YouTube. With the help of digital technology, the bureau is dedicated to launching local cultural and tourism industries onto a new journey of quality and efficiency improvement.

By breaking through the physical limitations of face-to-face communication and building a scenario-rich conference ecosystem, the bureau is leveraging the treasure trove of with intelligent digital technology to expand the boundary of meetings. To top off last year’s "Hello Hangzhou", China’s first large-scale immersive conference visualized with the most cutting-edge technology, this "Linking Hangzhou" promotion transcends the barrier of space and time and visualizes simultaneous connection through intelligent conferencing system, convening MICE practitioners worldwide for closed-door business negotiations online. The innovative event not only achieves customized matchmaking between MICE suppliers and customers in a more efficient way, but also gives a shot in the arm for the recovery of the cultural and tourism industries and the development of MICE industry.

In addition, the promotion video Time to Meet Hangzhou, which premieres globally, showcases the diversity of Hangzhou from four dimensions: comfortable lifestyle, cultural experience, booming industries, and creativity. Following the video three MICE products, including the exploration of new economy industry, traditional cultural experience, vibrant teambuilding and Hangzhou locals’ lifestyle, are presented to feature Hangzhou’s new image as a thriving city with traditional Chinese charm and vitality in the post-COVID-19 era.

Highlight 2: Exploring Hangzhou with Singaporean Experience Officer

Frankson Lee, General Manager of InterContinental Hangzhou and a Singaporean, is featured in a short clip as the experience officer who joins four local MICE suppliers to explore exciting MICE venues in Hangzhou and brings a "Singaporean perspective of Hangzhou." By diving into the infinite charm of MICE industry, Frankson takes the audience on a thrilling trip to discover Hangzhou’s latest MICE products.

His trip includes the introduction to Zhe school of qin, an intangible cultural heritage that amasses thousands of years of traditional Chinese culture; canoeing, a delightful, recreational teambuilding activity; a visit to Alibaba, a corporate champion that embodies Hangzhou‘ achievements in digital economy; and a visit to Chenghuang Pavilion which abounds with Hangzhou’s beauty and cultural heritage. At the half-century-old West Lake Guqin Society, Frankson learns the essence of Chinese music from Xu Junyue, an inheritor of the Zhe school of qin, and talks about poetic lifestyle in the melody of the instrument. Guided by Alibaba Group PR expert Zhang Yuan, Frankson pays a visit to Alibaba’s headquarters to discover its innovative corporate culture and management philosophy, and the unique charm of an international enterprise and representative of China’s new economic industry. On the beautiful Xianghu Lake, he ventures on a low-carbon aquatic trip and is given a glimpse to the passion and vitality that Hangzhou will offer in the 2022 Asian Games. In Chenghuang Pavilion at the peak of Mountain Wu, he gives a go at diancha under the guidance of Xu Zhigao, an inheritor of the intangible cultural heritage from Song Dynasty, and peeks into the integration of the past and the present. Hangzhou, as a MICE destination, captures the imagination of its visitors with ever-growing charm.

Highlight 3: Bridging Supply and Demand for Recovery

The roadshow also features the online matchmaking of 37 Singapore-based quality MICE customers with 31 MICE service providers in Hangzhou for potential cooperation in the future.  While enhancing the connection of both sides, their dialog on supply and demand has paved the way for the development of cross-border MICE cooperation in the post-COVID-19 era.

Singapore-based customers such as Experia Events Pte. Ltd., a former organizer of the Singapore Airshow, M.I.C.E. Matters, a professional MICE company with projects in over 30 countries, and TLC Events Pte. Ltd., a front-running digital MICE company, along with the representatives of high-caliber enterprises and associations, such as Autodesk Asia, SiS Asia and Hemispheres Foundation, attend the event. During the one-hour business negotiation, they join Hangzhou-based MICE service providers in 3 rounds of interviews, which expands the international market of Hangzhou’s MICE industry and fuels the city’s new takeoff as an international conference destination with new business opportunities presented in real-time interaction.

 

PR Newswire

ATIF Holdings Limited Announces Receipt of Nasdaq Notice of Deficiency For Failure to Hold an Annual Meeting of Shareholders

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SHENZHEN, China, Aug. 8, 2020 — ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting services and multimedia services in Asia, today announced that it received a written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") indicating that the Company is not in compliance with the Nasdaq Listing Rules (the "Rules") as a result of not having held an annual meeting of stockholders within 12 months of the end of the Company’s fiscal year on July 31, 2020. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market.

The Notice states that, under the Rules, the Company has 45 calendar days to submit a plan to regain compliance with the Rules. The Company intends to submit a plan to regain compliance with the Rules within the required timeframe. If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the Company’s fiscal year end, or until January 31, 2021, to regain compliance. The Notice further states that in determining whether to accept the Company’s plan, Nasdaq will consider such things as the likelihood that the annual meeting can be held within the 180-day period, the Company’s past compliance history, the reasons for the delayed meeting, other corporate events that may occur during the review period, the Company’s overall financial condition and its public disclosures. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. The Company is planning to hold its annual shareholders meeting on November 3, 2020.

About ATIF Holdings Limited

Headquartered in Shenzhen, China, ATIF Holdings Limited ("ATIF") is a company providing business consulting services to small and medium-sized enterprises in Asia, including going public consulting services, international business planning and consulting services, and financial media services. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. Through its majority-owned subsidiary, Leaping Group Co., Ltd., ATIF also provides multimedia services and is engaged in three major businesses, including multi-channel advertising, event planning and execution, film and TV program production and movie theater operations. ATIF operates the largest pre-movie advertising network in Heilongjiang Province and Liaoning Province of China and also provides advertising services in elevators and supermarkets. ATIF is often hired to plan both online and offline advertising campaigns and to produce related advertising material. In addition, ATIF invests in films and TV programs and distributes them in movie theaters or through online platforms. ATIF is also one of majority shareholders of AeroCentury Corp. (NYSE American: ACY) which is an independent global aircraft operating lessor and finance company specializing in leasing regional jet and turboprop aircraft and related engines to airlines and commercial users worldwide. For more information, please visit https://ir.atifchina.com/.

Forward-Looking Statements

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to continue to operate through our VIE structure; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; and other factors listed in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

For more information, please contact Investor Relations at:

EverGreen Consulting Inc.
Janice Wang
+86-13811768559
+1-908-510-2351
IR@changqingconsulting.com

PR Newswire

CooTek to Announce Second Quarter 2020 Unaudited Financial Results on August 18, 2020

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SHANGHAI, Aug. 8, 2020 — CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it will report its unaudited financial results for the second quarter 2020 ended June 30, 2020, before the open of U.S. markets on Tuesday, August 18, 2020.

CooTek’s management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 18, 2020 (8:00 PM Beijing Time on the same day).

Dial-in details for the earnings conference call are as follows:

United States:       1-888-346-8982

Hong Kong:           800-905-945

Mainland China:    4001-201-203

International:         1-412-902-4272

Please dial in 15 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available after the conclusion of the conference call until 7:59 AM ET on August 25, 2020:

United States:      1-877-344-7529

International:        1-412-317-0088

Passcode:            10147208

A live and archived webcast of the conference call will be available on the Investor Relations section of CooTek’s website at https://ir.cootek.com/.

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps, and casual games.

For more information on CooTek, please visit https://ir.cootek.com/

For more information, please contact:

CooTek (Cayman) Inc.
Mr. Jacky Lin
ir@cootek.com

Christensen
In China
Mr. Rene Vanguestaine
Phone: +86-10-5900-1548
E-mail: rvanguestaine@ChristensenIR.com

In U.S.
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

PR Newswire

MiniTool Releases Power Data Recovery 9.0: Desktop/Recycle Bin/Folder Recovery

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VANCOUVER, BC, Aug. 8, 2020 — MiniTool® Software Limited has released the latest MiniTool Power Data Recovery 9.0, aiming to make specific location recovery available and save the recovery time. The new features are Desktop Recovery, Recycle Bin Recovery, and Select Folder Recovery.

It is the second time for MiniTool to announce a new version of this software this year. The last time was about four months ago.

New Features in Power Data Recovery 9.0

Add Desktop Recovery

Files on desktop are usually important and frequently used. When the desktop files are missing for some reason, like black screen of death , the newly added Desktop Recovery feature of Power Data Recovery 9.0 can deep scan and display the lost & deleted files on desktop. Since the software only displays files found from the desktop, users can save some effort in picking out files they really need.

Add Recycle Bin Recovery

Most of the time, heading to Recycle Bin will bring back the permanently deleted files using leading data recovery programs. The Power Data Recovery 9.0 finally added this long-missing feature to scan Recycle Bin. Through this approach, the software only finds, displays, and retrieves the deleted files in Recycle Bin. This narrows down the scanning range and shortens the scanning time, so users can quickly discover the desired items.

Add Specific Folder Recovery

It is a waste of time when scanning the whole drive but only recovering data from a known location. The newly added Specific Folder recovery in Power Data Recovery 9.0 allows users to select a targeted folder for a deep scan. The scan results show the files in this appointed folder. From this perspective, using the new version of Power Data Recovery, users can quickly find the desired files.

Bug Fix & Improvement

MiniTool keeps devoting itself in optimizing the data scanning algorithm. The new Power Data Recovery 9.0 also brings some improvements focusing on the scanning speed and data recovery results. More bugs are fixed in this version. In the former 8.8 version, we found its bootable media lacks the Spanish support, and the partition scanning results sometimes can differ from what are displayed in the middle panel. Now all are well fixed in 9.0.

About MiniTool Power Data Recovery

MiniTool Power Data Recovery is designed and developed by MiniTool® Software Limited. This software aims to recover lost files from multiple data storage devices such as internal/external hard drives, USB flash drives, SD cards, etc. Its ease of use and high data recovery efficiency make it popular among the European and American.

About MiniTool Software Limited

MiniTool® Software Limited has been working on the field of disk management and data recovery for more than a decade. By now its products involve MiniTool Partition Wizard, MiniTool Power Data Recovery and MiniTool ShadowMaker. In recent years, MiniTool has entered the market of multi-media to develop professional software in video download, video editing, and video conversion.

For more information, please visit:

https://www.minitool.com/
https://www.partitionwizard.com

Related Links :

https://www.minitool.com

PR Newswire

LG Electronics asks the Young Generation, ‘What Makes Your Life So Good?’

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Striving to Hear Young Voices, LG Presents Engaging Quizzes and Results that Shine a Light on Why Life Is Always Good

SEOUL, South Korea, Aug. 7, 2020 — LG Electronics, a globally renowned and trusted maker of consumer electronics, is moving a step closer to today’s younger population by pursuing a clearer understanding of what a good life means to them. Through a variety of platforms including interactive online quizzes, LG is listening to more young adults as it delves deep into what truly makes life good for them.

LG has always explored the meaning of a good life, consistently working to facilitate it for consumers of all generations. Through engaging activities such as this one, LG now moves to further understand and encourage the younger population, a key step towards better supporting everyone’s version of life’s good.

Responses[1] have so far revealed the enriching effect of social connections in life, with a majority of 43% of respondents most valuing friends and family, deep conversations, and shared experiences. Secondly, 27% of participants pointed to passion making their life good, allowing them to immerse themselves in new endeavors. Other respondents also attributed creativity and curiosity as driving forces of daily life.

LG’s latest activity thereby demonstrates the strength of internal factors that combine to empower us in our day to day and further reminds the young generation that their personal and inherent qualities are a central part of why life will always be worthwhile.

In such ways, LG strives to engage with and support young people from today, starting by understanding what a good life means to them. LG will focus on what makes life meaningful to effectively support everyone including our future leaders in who they are and what they wish to do.

"Understanding what makes life meaningful for young people is also an opportunity to rediscover what a good life means to all of us," explained Kim Jin-hong, head of LG Electronics’ Global Marketing Center, "Through such exciting activities, we hope to reach out to the younger generation for further support and connection to help make their lives good in the truest sense."

Getting more young people involved so that they can have their say is a key part of LG Electronics’ larger campaign, which is to be launched soon with special projects tailored for a young audience.

[1] Quiz taken from August 4 to be run until August 18 with 2,623 respondents as of August 6 with updates to follow. Full quiz can be found here.

About LG Electronics Inc.

LG Electronics is a global innovator in technology and consumer goods with a presence in almost every country in the world and a diverse workforce of 74,000. LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. With 2019 global sales of USD 53 billion, LG is a leading manufacturer of a wide range of products from TVs, washing machines, refrigerators, air conditioners, mobile devices, digital signage and automotive components. LG is also known for its premium LG SIGNATURE and advanced LG ThinQ brands, which feature the company’s artificial intelligence technology. For more news on LG, go to www.LGnewsroom.com.

PR Newswire

SINA Special Committee Retains Financial Advisor and Legal Counsel

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BEIJING, Aug. 7, 2020 — SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced that the independent special committee (the "Special Committee") of the Company’s Board of Directors (the "Board") has retained Morgan Stanley Asia Limited as its financial advisor, and Gibson, Dunn & Crutcher LLP as its U.S. legal counsel to assist the Special Committee in its evaluation and consideration of the previously announced preliminary non-binding proposal from New Wave MMXV Limited ("New Wave") that the Board received on July 6, 2020, proposing to acquire all the outstanding ordinary shares of the Company not already owned by New Wave for US$41 per share in cash in a going private transaction (the "Proposed Transaction"). New Wave is a company incorporated in the British Virgin Islands and controlled by Mr. Charles Chao, Chairman and Chief Executive Officer of the Company.

The Board cautions the Company’s shareholders and others considering trading in its securities that no decisions have been made by the Special Committee with respect to the Company’s response to the Proposed Transaction. There can be no assurance that any definitive offer will be made, that any agreement will be entered into or that this or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to the Proposed Transaction, except as required under applicable law.

About SINA

SINA is a leading online media company serving China and the global Chinese communities. Its digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile apps) and Weibo (social media) enables internet users to access professional media and user generated content in multi-media formats from personal computers and mobile devices and share their interests with friends and acquaintances.

SINA.com offers distinct and targeted professional content on each of its region-specific websites and a full range of complementary offerings. SINA mobile provides news information, professional and entertainment content customized for mobile users through mobile applications and mobile portal site SINA.cn.

Weibo is a leading social media platform for people to create, distribute and discover content. Based on an open platform architecture, Weibo provides unprecedented and simple way for people and organizations to publicly express themselves in real time, interact with others on a massive global platform and stay connected with the world.

Through these properties and other product lines, SINA offers an array of online media and social media services to its users to create a rich canvas for businesses and advertisers to effectively connect and engage with their targeted audiences.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. SINA may also make forward-looking statements in the Company’s periodic reports to the U.S. Securities and Exchange Commission, 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 the Company’s beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "confidence," "estimates" and similar statements. SINA assumes no obligation to update the forward-looking statements in this press release and elsewhere. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Potential risks and uncertainties include, but are not limited to failure to meet internal or external expectations of future performance given the rapidly evolving markets; condition of the global financial and credit market; the uncertain regulatory landscape in China; fluctuations in the Company’s quarterly operating results; the Company’s reliance on online advertising sales and value-added services for a majority of its revenues; failure to successfully develop, introduce, drive adoption of or monetize new features and products, including portal, Weibo and Fintech products; failure to enter and develop the small and medium enterprise market by the Company or through cooperation with other parties, such as Alibaba; failure to successfully integrate acquired businesses; risks associated with the Company’s investments, including adverse impacts on our financial results from equity pick-up, fair value changes and impairment; and failure to compete successfully against new entrants and established industry competitors. Further information regarding these and other risks is included in SINA’s 2019 annual reports on Form 20-F and other filings with the Securities and Exchange Commission.

Contact:

Investor Relations
SINA Corporation
Phone: +86 10 5898 3336
Email: ir@staff.sina.com.cn

Related Links :

http://www.sina.com

PR Newswire

Kuaishou Cements its Place among China’s Internet Giants: Latest Industry Report

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The app has reported 41.5% YoY growth of MAUs

BEIJING, Aug 7, 2020 — Short videos and livestreaming are no longer niche industries, as shown by data collected by Quest Mobile (QM), a big data monitoring agency. The company recently released its highly influential China Internet 2020 report. Kuaishou, a Tencent-backed company, was given special mention in the report, as both its user growth and revenue share surpassed market expectations.

Kuaishou, one of the most popular short video platforms in China, reported a 41.5% YoY growth from June 2019. Recording over 300 million daily active users (DAUs), Kuaishou has outgrown its more established competitors and has shown that it is here to stay.

Kuaishou is the only short video platform that gained the most user numbers with its short video and live broadcast platforms (Kuaishou Lite and Kuaishou) occupying the 4th and 5th place, respectively, according to figures from the June 2020 Internet Activity Ranking.

According to QM’s report, the monthly active users (MAU) of the livestreaming and short video sector increased to 852 million in China. The sector accounts for nearly 20% of total network user duration, second only to instant messaging. It also became the second largest industry in the media space and surpassing even the online video industry in terms of advertising revenue. Overall, the industry’s revenue pie has grown by 30% YoY.

Kuaishou was credited with organizing the Spring Festival Gala and attracting the likes of celebrities such as Jay Chou and Lang Lang to conduct record-breaking livestreams on its platform. Kuaishou saw success as over 910 million people watched the Gala, of which 79.6% watched via short video platforms. The ability of short videos to attract and retain users have normalized the mainstream population, even in China’s first-and-second-tier cities.

The report also showed that Kuaishou emerged as the popular choice for millions of Chinese livestreaming e-commerce sellers, including e-commerce giants like JD.com. The QM report credited Kuaishou’s livestreaming effort as a substantial driver of the growing e-commerce industry in China. The industry so far has been embraced by over 1 billion users, of which 100 million, or 10%, are from Kuaishou.

China has shown the effectiveness of short video and livestreaming content in driving commercialization. Platforms like Kuaishou are driving individuals, enterprises, industries, and governments to experiment with using new content forms to achieve transformation, growth and development.

About Kuaishou Technology

Kuaishou Technology develops content sharing platforms and makes content production, distribution and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day.

Our flagship product, Kuaishou, is China’s leading short video sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives, and to interact with followers in real-time. Our technology offers users a highly personalized experience and encourages members from all communities to create and discover interesting and dynamic content.

Founded in 2011, Kuaishou Technology is headquartered in Beijing with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu. For more information, please visit www.kuaishou.com.

  • March 2011 GIF Kuaishou was created as a product tool for creating animated GIFs
  • October 2013 GIF Kuaishou was transformed into a short-form video social platform – Kuaishou
  • January 2015 Kuaishou’s DAU (daily active user) exceeded 10 million
  • September 2017 Kuaishou’s total users exceeded 600 million and DAU exceeded 80 million
  • December 2017  Kuaishou’s DAU exceeded 100 million
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community
  • May 2019 Kuaishou’s DAU exceeded 200 million
  • March 2020 Kuaishou’s DAU exceeded 300 million
  • July 2020 Kuaishou’s Livestream DAU surpassed 170 million

To download Kuaishou, click here.

CONTACT: Zhang Chuanshi, zhangchuanshi@kuaishou.com, +86-134-8881-8382

Related Links :

http://www.kuaishou.com

PR Newswire

Huawei Users Get Gifts to Celebrate Motorball Launch on AppGallery

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SHENZHEN, China, Aug. 7, 2020 — Combining the fast-paced nature of racing games with the excitement of soccer, Motorball by Noodlecake Studios, is now available on AppGallery. In celebration of the launch, Huawei is gifting players 550 gems that can be used for in-game purchases on AppGallery  between now and 13 September 2020 In Motorball, players engage in exhilarating 1v1 vehicular soccer matches using wind-up toy cars. Players can climb to the top of the leaderboards by pitting their skills in real-time against opponents from around the world across platforms. Each match is played from a top-down perspective and will introduce a variety of power-ups, from water gun to sticky goo, that can provide the last-minute advantage needed to decide the game.

Huawei AppGallery
Huawei AppGallery

With match rewards, players can unlock cosmetics for their car to bring their ride to the next level. Motorball also boasts a plethora of customization options, from car variants to paint jobs to decals boost trails, users will get to truly design a car that can best represent them. Users can further modify their Speed, Boost, Acceleration and Control stats that best fits their game style.

The game has an emotes feature which allows players to express themselves and let their opponents know how they truly feel at any moment. To further enhance the community experience, the game allows players to share their replays with friends as well as watch other pro gamers play live with the in-game video feature, Motorball TV.

"We have been working diligently on Motorball for a few years now and can’t wait for our fans and players to experience the magic that is this game. We are thrilled to launch on AppGallery and are confident that the platform will do its best to provide a good experience for Motorball and its players."

"As part of our launch campaign with AppGallery, we are pleased to announce that the platform is offering an exclusive gift package to gamers to kickstart their Motorball journey," said Jordan Schidlowsky, CEO at Noodlecake Studios.

Integrated with Huawei’s IAP Kit, players will also have the option to make in-app purchases to further enhance their gaming experience.

As one of the top three app marketplaces globally, AppGallery has over 460 million users and is available in more than 170 countries and regions. AppGallery is committed to providing users with the best app download experience and is doing so by actively reaching out to developers of popular apps and inviting them to join AppGallery. To date, AppGallery has aggregated a remarkable catalogue of apps across 18 diverse categories, including games, news, social media, and more.

Visit AppGallery now to download Motorball. For more information, please visit https://consumer.huawei.com/en/mobileservices/appgallery/

https://forums.developer.huawei.com/forumPortal/en/home?fid=0101246461018590361.

Photo – https://photos.prnasia.com/prnh/20200807/2879611-1?lang=0

Related Links :

http://huawei.com