Monthly Archives: November 2020

PR Newswire

Hexindai to Hold Annual General Meeting on December 16, 2020

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BEIJING, Nov. 6, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that it will hold an annual general meeting of shareholders (the "AGM") at the Conference Room, 5th Floor, Block C, Shimao, No. 92 Jianguo Road, Chaoyang District, Beijing 100020, People’s Republic of China, at 10:00 a.m. (Beijing Time) on December 16, 2020. Shareholders listed in the register of members of the Company at the close of business on November 6, 2020 (Cayman Islands Time) are entitled to receive notice of, attend and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares which are represented by their ADSs must act through Citibank, N.A., the depositary of the Company’s ADSs, and should give voting instructions to Citibank, N.A. accordingly.

Copies of the notice of AGM, which sets forth the resolutions to be proposed to and voted upon by the shareholders, the proxy statement and the Company’s annual report on Form 20-F for the fiscal year ended March 31, 2020 are available on the Investor Relations section of the Company’s website at http://ir.hexindai.com/ and on the SEC’s website at www.sec.gov.

About Hexindai Inc.

Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company") is a mobile e-commerce and consumer lending platform based in Beijing, China. The Company collaborates with brands both online and offline to offer high-quality and affordable branded products through its new form of social e-commerce mobile platform and facilitates loans to meet the increasing consumption needs of underserved prime borrowers through its online consumer lending marketplace. Hexindai’s strong user acquisition capabilities, cutting-edge risk management system, and strategic relationships with respected financial institutions allow the Company to generate higher customer satisfaction, reliance, and realize fast growth.

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

For investor inquiries, please contact:

Hexindai

Investor Relations
Ms. Zenabo Ma
Email: ir@hexindai.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10- 5900-1548
E-mail: Eyuan@christensenir.com

In US
Mr. Tip Fleming
Phone: +1-917-412-3333
Email: tfleming@Christensenir.com

Related Links :

http://ir.hexindai.com/

PR Newswire

East China’s Hangzhou puts on online expo to showcase global cultural and creative products

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HANGZHOU, China, Nov. 6, 2020 — The 14th Hangzhou Cultural and Creative Industry Expo was held in Hangzhou, capital of Zhejiang Province in southeastern China, from Oct. 29 to Nov. 1. The expo attracted more than 4,000 cultural institutions and enterprises from more than 60 countries and regions to participate online and offline. The total number of participating brands increased by 60% compared with the previous expo. The exhibition area of overseas brands remained at 40% of the total exhibition area. During the exhibition, the main venue received more than 60,000 visitors, the two online sub-venues received more than 930 million clicks, and completed on-site transactions and project contracts worth 2.19 billion yuan.

The 14th Hangzhou Cultural and Creative Industry Expo
The 14th Hangzhou Cultural and Creative Industry Expo

 

Visitors at the 14th Hangzhou Cultural and Creative Industry Expo
Visitors at the 14th Hangzhou Cultural and Creative Industry Expo

In the past 14 years, amid new culture, new consumption and new life, the expo has not only become one of China’s four major cultural exhibition activities, but also Hangzhou’s cultural landmark and an important platform for building an international cultural and creative center.

Online expo stays open throughout the year

With the rapid development of China’s new economy, more and more consumers are using the Internet to communicate, and online shopping has become a trend. This year’s expo also features two online sub-venues, allowing citizens to visit the exhibition without leaving their homes.

As one of the online sub-venues of the expo, Dongjia App is an online shopping platform specially set up for excellent traditional craftsmen at home and abroad. According to Meng Wenbo, president of the app, more than 2,000 exhibitors at home and abroad have "transferred" their offline works to the app, presenting their works in a three-dimensional and diversified manner by means of pictures, videos and live broadcasts. Alexandre Turpault textiles from France, Knit Planet children’s clothing from the UK, Festka bikes from the Czech Republic… Visitors can find all of these global creative products on the platform, and place an order with a few clicks and have them delivered to their home.

"The expo used to be held offline in a relatively short period. With the digitalization of the event, the online venue has opened up more possibilities for people to browse, communicate and buy through mobile phones anytime and anywhere, creating a year-long 24-hour event," Meng added.

Cultural and creative products gain life as part of life

The online expo which enables easy purchase and delivery makes cultural and creative products more accessible. However, Meng believes that the more charming part of Hangzhou’s cultural industry lies in the fact that many designers’ creative works are based on integrating the essence of eastern traditional culture into the daily life of modern people.

Born in 1990, Liu Weixue is a paper umbrella designer who focuses on the innovation of umbrella surface. "Only by making innovations based on a full understanding of the technological core of the past system can traditional techniques be better protected and passed on." In order to make paper umbrella technology with new vitality, Liu is trying to develop different derivatives of paper umbrella.

Yao Yuting, who grew up in a silk workshop, is the inheritor of the intangible cultural heritage of Hangzhou satin (a thick, smooth and shiny silk fabric made in Hangzhou).

"I hope to make Hangzhou satin closer to life. After all, Hangzhou satin has a history of thousands of years. To better inherit and develop it, more people need to know it, understand it and feel it," she said. Thanks to her efforts, the products produced by the weaving factory now combine silk with landscapes, home decorations, architecture and other elements.

An expo of insights to power industrial growth

In 2018, the expo proposed the goal of becoming an insightful event. This not only means a display of global creative products, but also deep exchanges in the global cultural industry to push cultural and creative innovation to a new level.

The expo drew hundreds of experts and scholars from well-known universities at home and abroad such as German University of Lueneburg, British Schumacher College, Tsinghua University and Zhejiang University. Meanwhile, more than 100 well-known cultural and creative institutions at home and abroad such as Alibaba gathered to hold more than 20 professional activities such as an industry summit and the annual industry index release to jointly discuss the latest trends in the development of cultural industries.

After 14 years of development, the Hangzhou Cultural and Creative Industry Expo not only gathers creative products with traditional oriental aesthetic flavor and modern life elements, but also attracts more and more overseas established cultural and creative products to enter the Chinese market and innovate local consumption patterns. Just as Hangzhou, a traditional ancient city in the south of the Yangtze River, has become a modern smart city, the expo has never failed to display new vitality and vigor.

Image Attachments Links: 

Link: http://asianetnews.net/view-attachment?attach-id=375647 
Caption: The 14th Hangzhou Cultural and Creative Industry Expo

Link: http://asianetnews.net/view-attachment?attach-id=375656 
Caption: Visitors at the 14th Hangzhou Cultural and Creative Industry Expo

Business, News

11.11 Deals Incoming with Lazada’s Biggest Ever Sale

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The annual 11.11 sale is back on Lazada. This year the sale will include hundreds of exclusive brands with up to 70 million items. Sounds really tempting right? Bet you can’t wait for the big 11.11 sale to happen. Lazada is promising some of the lowest prices ever in Malaysia this 11 November 2020.

“Following LazMall’s upgrade in September, we are excited that hundreds of international and local brands have chosen Lazada as their exclusive e-commerce partner this 11.11, offering amazing discounts across a variety of categories and products to satisfy a wide spectrum of our consumers’ wants and desires. This signifies a growing trust in our platform, and we are excited that we can bring some of the lowest price deals, ‘guaranteed’ this year, backed by our 11 times money-back guarantee. This year, especially during this challenging period, we want to ensure that we help our shoppers maximise their ringgit and get the best value for their money,”

Leo Chow, CEO of Lazada Malaysia

Customers can have the ultimate shopping experience on Lazada as the LazMall provides a variety of brands and products at a claimed unbeatably low price. LazMall brings together some of their largest partners such as OPPO, Lancome, Samsung, Dyson and more are prepared to give shoppers an unforgettable 11.11 experience with some of the lowest deals yet. For those looking for deals on tech, Lazada and their partners are gearing up to offer up to 50% discount on items such as Huawei Mate 30 8GB RAM + 128 ROM smartphone, Edifier X3 True Wireless Stereo Earphone, SUUNTO 9 Baro Copper, Asus 23 Eye Care Gaming Monitor! The deals aren’t ending there – there will be more offers across a large spectrum of categories available.

You don’t even have to wait that long to get your orders as Lazada is offerings a guaranteed 24 hours delivery for the first 50 thousand customers. This is made possible by Lazada’s data-driven logistics team running on Alibaba’s backbone which has helped ensure 50% more efficiency for the delivery time nationwide and particularly in the Klang Valley.

In an effort to keep shopping entertaining, Lazada is continuing their “Shoppertainment” programs filled with special surprises for shoppers. Shoppers will be able to be entertained while getting the best deals with The Lazada 11.11 Super Show and Lazada’s CDO Show. If that’s not enough, there will be multiple other activities in the app such as the Lazada Heartbeat Wallet Contest and LazGames while users can also get even more rebates and rewards with LazCoins.

Lazada is also launching an initiative for CSR programs with one of their brand partners, Colgate-Palmolive, to send smiles and support to those in need via The Lost Food Project. Upon payment, consumers will receive a special thank you note from Colgate, along with a Lazada voucher that can be used for their next purchase on the platform.

PR Newswire

Chindata Group opens Asia’s largest single hyperscale data center in Shanxi

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Leading hyperscale data center solution provider in emerging Asia-Pacific markets launches an online video to take a virtual tour inside the data center

  • The largest single hyperscale data center in Asia, with an IT capacity of 50 megawatts, located in Datong, North China’s Shanxi province, went into operation on Oct. 25th, representing Chindata Group’s latest achievement in building next-generation hyperscale data centers cluster.
  • Chindata Group launches an online video to take a virtual tour inside this Asia’s largest single hyperscale data center and reproduce its building process to show those state-of-the-art sophisticated technologies applied in this campus.
  • With a dream of creating a public platform to bridge the digital divide, this data center infrastructure named Taihang Mountain Energy and Information Technology Industrial Campus of the Pan-Beijing Area is carrier-neutral with shared standards and open technology, for the benefit of every internet user.

BEIJING, Nov. 6, 2020 — Chindata Group(Nasdaq: CD) has successfully opened Asia’s largest single hyperscale data center in its Taihang Mountain Energy and Information Technology Industrial Campus of the Pan-Beijing Area, Datong, North China’s Shanxi province, on Sunday 25 October.

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The data center has a total IT capacity of 50 megawatts to support artificial intelligence-based computing delivered by global tech giants. For a single server room in this data center building, its IT capacity could be over 18 megawatts.

Amazing discovery of next-generation hyperscale data centers by Chindata Group
Amazing discovery of next-generation hyperscale data centers by Chindata Group

Chindata Group launches an online video(https://www.youtube.com/watch?v=hjCQ3rYmwL0) to take a virtual tour inside this Asia’s largest single hyperscale data center and reproduce its construction process to show those state-of-the-art sophisticated technologies applied in this campus.

With more than 12 tailored pending or approved patents, this single data center is equipped with latest technologies, ranging from power distribution network, IT equipment, cooling system, to energy utilization, in support of the sustainable operation of this Asia’s largest single hyperscale data center.

For example, Chindata Group has initially employed one self-own 110kV cabin substation and one back-up 35kV substation plus an access to dedicated renewable energy into this campus. By advanced power system architecture and multiple independent power supply from the State Grid, this campus boasts the most reliable power distribution network in China’s data center industry in response to leading technology companies’ power demands.

Besides, one of the world’s most efficient chilled water systems self-developed by Chindata Group is put into mass application on this campus for the first time to keep a high energy efficiency by increasing the natural cooling time while adapting to 40kW per AI server rack’s working environment requirement.

As a leading hyperscale data center solution provider in emerging Asia-Pacific markets, Chindata Group strives to build a public and altruistic platform to bridge the digital divide. As a result, this newly-built data center is totally carrier-neutral with shared standards and open technology, for the benefit of every internet user.

About Chindata Group

Chindata Group(Nasdaq: CD) is a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets and a first mover in building next-generation hyperscale data centers in China, India and Southeast Asia markets, focusing on the whole life cycle of facility planning, investment, design, construction and operation of ecosystem infrastructure in the IT industry. Chindata Group provides its clients with business solutions in major countries and regions in Asia-Pacific emerging markets, including asset-heavy ecosystem chain services such as industrial bases, data centers, network and IT value-added services.

Chindata Group operates two sub-brands: "Chindata" and "Bridge Data Centres". Chindata operates hyper-density IT cluster infrastructure in the Greater Beijing Area, the Yangtze River Delta Area and the Greater Bay Area, the three key economic areas in China, and has become the engine of the regional digital economies. Bridge Data Centres, with its top international development and operation talents in the industry, owns fast deployable data center clusters in Malaysia and India, and seeks business opportunities in other Asia-Pacific emerging markets.

 

Business, Camera, News

Nikon Bids Malaysia Goodbye; Operations Cease on 1 January 2021

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When it comes to DSLRs and cameras one of the first names that you’d think of is Nikon. The company has become a staple name in the industry and there is nothing more iconic than their “I AM” campaign when it comes to photography and cameras. However, it seems like all good things must come to an end.

In a statement posted to their Facebook page, Nikon Malaysia revealed the sad announcement that the company has decided to cease its operations. Effective 1 January 2021, Nikon will no longer have an official presence in Malaysia with 31 December, 2020 being the last day of operations. Moving forward, their sales, marketing and after sales services will be handled by appointed third parties.

Official Statement on Nikon Malaysia’s Facebook

Their appointed third parties are: Futuromic Photo AV Sdn Bhd and QES (Asia-Pacific) Sdn Bhd. These companies will now take over the distribution and sales of Nikon branded cameras in the country. Operations for the company will continue as usual in the transition phase with the final day set on 31 December, 2020.

PR Newswire

New Hero Tantu Arrives in Shadow Arena

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SEOUL, South Korea, Nov. 6, 2020 — Pearl Abyss announced today that the new Hero Tantu has arrived in Shadow Arena. Players can now throw powerful combos at enemies using this successor of an ancient civilization. 

New Hero Tantu Arrives in Shadow Arena
New Hero Tantu Arrives in Shadow Arena

A young giant, Tantu uses an Iron Buster as a main weapon, which has been forged using a long-lost technology. Armed with immense firing power, he can create advantageous combat situations by keeping opponents at a distance with his ranged attacks. 

Tantu also has the ability to switch between long-range and close-range attacks at any time to suit his situation. Depending on his skill, Tantu can load up to 4 Bullets which, when fired, will inflict a Stiffen effect upon his enemies. High damage can be inflicted by using the Aggressive Negotiations skill, which allows players to quickly grab a nearby enemy and strike them continuously. 

Moreover, Beta Season 2 has begun. To celebrate the new season, a special reward event will take place until December 12. Players can earn Battle Points by completing challenges and acquiring a certain number of points will get them a special Ticket. This Ticket will automatically enter the player into a prize draw with rewards including a Samsung Odyssey G7 gaming monitor, Logitech G560 gaming speaker, and Razer Kraken Pro Headset. 

Visit the official website, Discord, Facebook, YouTube, and Twitter for more information. 

About Pearl Abyss 

Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss’ games are built on the company’s own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia’s leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com.

 

Related Links :

http://www.pearlabyss.com/

PR Newswire

McCoy Holdings has delved into a new business of On-Demand Enterprise Solution (ODES)

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SINGAPORE, Nov. 6, 2020 — Founded in 2004, the 16-year-old McCoy Holdings has an unprecedented track record of aiding their customers with their valuable assistance in supply chain management and IoT apps solutions. They help businesses in component manufacturing and distribution, along with business consultancy and advisory services. McCoy has made some major waves in R&D and business transformation through Go-To-Market (GTM) strategy and branding. They have a mission to help their customers maximize their business value with new technology, and digital media.

With their new services launching in On-Demand Enterprise Solution (ODES), McCoy Holdings aim to provide the customers with the highest form of virtual aid in managing their business models. ODES helps businesses to have an easier time managing essentially all of their departments. Its solution is built to keep logs and provide the right statistics at the right time when needed, with the help of a few clicks.

The information can be instilled into the mainframe for a business, and it will be assessed with efficiency and accuracy. ODES will help the companies take necessary actions when need be with little to no human assistance. The system will equip the employees to take steps on the information put in with a few simple management tools, making their jobs much less taxing and more effortless.

With ODES, All-In-One Solution, having various systems for different jobs would not be necessary, as it is all doable with a single all-inclusive solution. ODES has extensively flexible parameters and can be easily customized. It is a highly scalable software that aids businesses of all sizes and forms to incorporate and make perfect use of it easily.

The ODES solution is there to virtually solve the workload issues in every department of a company, making it easier to manage the business without having a bigger manual workforce. It offers every department for a business on a single platform. This automated system can take care of the company’s accounting, payroll and finances, human resources, research and development, inventory ventures, supply chain management, digital transformation, and eCommerce portal. Besides that, ODES is also offering custom industry specific solutions to automate the processes and increase productivity.

With such an elaborate digitally managed system at hand for any business, the company’s management and progress virtually have no bounds. It can flourish, leaving all the worries for ODES to handle on its own.

Website: https://www.odes.com.sg, https://www.mccoy.com.sg

Related Links :

https://www.mccoy.com.sg

PR Newswire

Hytera Envisages the Future of PMR at Critical Communications World Virtual Conference

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SHENZHEN, China, Nov. 6, 2020 — Hytera, a global leading Professional Mobile Radio (PMR) solution provider, participated in Critical Communications Week (CCWeek) 2020 as a Brand Leader sponsor to showcase its latest innovations and shared perspectives on the evolution of communications technologies from 2G to 5G. CCWeek, a five-day virtual exhibition and conference on Nov. 2-6, offers a new opportunity for stakeholders of the critical communications sector to network after the Critical Communications World 2020 offline event was cancelled due to the pandemic.

On the first day of the fully packed five-day conference progromme, Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era. Hytera believes that there is no single technology capable of fixing all problems, instead it will be "2+5+N", a hybrid and convergent way of meeting a multitude of requirements.

Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era.
Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era.

"2" stands for 2G technologies, such as TETRA, which provides stable and reliable voice services for critical communication users. TETRA, as the most successful PMR technology, will remain as the first choice of mission critical voice services thanks to its great availability, reliability and security. Since the technology itself keeps evolving, Hytera sees TETRA as a viable technology in years leading to 4G and 5G era.

"5" stands for 5G that supports high throughput, low latency and massive connections. In 3G/4G LTE era, in order to satisfy the increasing demand of data services, there are mainly two paths available for mission critical and industrial users. One is private LTE, the other one is Mobile Virtual Network Operator (MVNO). One common choice for critical communication on broadband systems is Mission Critical Service (MCS), an open standard defined by 3GPP. When it comes to 5G, the two paths technologically merge and converge, since 5G from bottom up is designed for industries, which not only enables the telco to explore business opportunities into vertical sectors, but also empowers industry users with their private network in ways such as network slicing.

"N" stands for various applications based on different technologies. Numerous services and apps will be made available for industries by developers. Hytera believes the key is how to get the best out of each technology and converge them into an interconnected network. When multiple technologies and vendors are involved, the optimal situation for mission critical users is that they can choose freely from an open ecosystem and establish the critical communications infrastructure following an open protocol, which is important now and in the future.

To watch the presentation video, please visit https://www.youtube.com/watch?v=0g_RLsXunsU&feature=youtu.be

To find out more about Hytera’s new products, please visit https://www.hytera.com/2020/en/home

Related Links :

https://www.hytera.com

PR Newswire

Osome Raises US$3m in Funding from XA Network and AltaIR Capital

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The accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing

SINGAPORE, Nov. 6, 2020 " — Osome, a growing super app in the accounting and corporate compliance space, has raised US$3 million in funding by XA Network and AltaIR Capital. 

Small to medium sized businesses spend on average 120 days per year on administrative tasks, making it one of the most time-consuming business activities. Osome uses AI and ML techniques combined with the experience of human experts to solve this problem, disrupting the fragmented accounting and corporate services industry. 

With Osome, entrepreneurs can forget about administrative routine and focus on the thing that really matters – on their business. The company provides online accounting services for SMEs especially those involved with E-commerce.There is also a comprehensive range of services like incorporation, payroll and corporate secretarial work. These are tedious but unavoidable tasks which entrepreneurs usually outsource.

More than 4100 companies across the UK, Singapore and Hong Kong already use Osome on a daily basis and this number is growing by 2.5 times per year. Aspiring founders can open a company fully online while existing business owners can get their routine accounting and admin work done on the platform. Client issues are solved issues on the go, without having to call or visit the office – all users need to do to request help with certain tasks is to send a text message in the chat. Osome will circle back with the answer at any time of the day or week. 

AltaIR Capital is a European VC firm boasting over $300M across its three funds that has previously invested in Miro and PandaDoc. XA Network is an investment network comprising senior executives from leading technology companies investing across Southeast Asia. Among previous investors in the company is Target Global, an investor in Rapyd and Delivery Hero. The company will use this funding to further invest in engineering, product development, and marketing across the markets that it is present in – Singapore, Hong Kong, and the United Kingdom.

"We decided to invest in Osome as we have trust in the business model and see the team’s ability to scale it. The service is vital for many new enterprises and has huge growth potential," said Igor Ryabenkiy, Managing Partner of AltaIR Capital.

"Osome taps into a large and fragmented market opportunity and plays in an industry which is ripe for disruption. The company’s business model drives a step-change in both efficiency and customer satisfaction through automation, leading to a high potential for growth and profitability," said Gilberto Gaeta, XA Network’s member and Director, Southeast Asia, Google Customer Solutions.

"We’re glad that our investors believe in the future that we are creating for business owners to remove the headache of paperwork by texting it all away. We want to make it simple for our clients to go digital and acclimatise themselves to the current economy," said Victor Lysenko, founder and CEO of Osome.

The recent economic crisis and global lockdown caused by COVID-19 has pushed SMEs to accelerate the adoption of digital solutions. Osome has been at the forefront of this movement and is participating in Singapore’s Start Digital initiative alongside OCBC Bank – which is the second largest financial services group in Southeast Asia by assets. Start Digital under the SMEs Go Digital programme by the Singapore government provides grants to SMEs that take up approved solutions meant to reduce administrative workload. Osome is also enrolled under the SG:D Spark programme by the Infocomm Media Development Authority of Singapore.

"We are pleased that Osome has closed this new round of funding; this injection of funding will lend impetus to the company’s growth. This will increasingly help Osome to continue to innovate the automation process for corporate services, thus increasing the efficiency of how SMEs operate in today’s post-Covid norms", said Mr Edwin Low, Director of Innovation & Tech Ecosystem, Infocomm Media Development Authority of Singapore. 

About Osome
Osome, headquartered in Singapore, was launched in January 2018 to facilitate business management for small and medium-sized enterprises (SMEs). Its suite of services includes online accounting, business registration, corporate secretary services, and payroll management. Its platform uses automation tools and AI (artificial intelligence) to increase response time and accuracy, and to lower cost. It has market presence in Singapore, United Kingdom, Hong Kong. In 2018, it raised US$2 million in funding led by Target Global, including Phystech Ventures, AdFirst funds, and several angel investors
Find out more about Osome at https://osome.com. 

About XA Network
The XA Network (formerly known as Xoogler Angels) was founded in 2018 as an investment network comprising senior executives from leading global and regional technology companies. Our mission is to provide smart capital to early-stage companies across Southeast Asia.

XA focuses on early-stage investments. Founders value our members’ distinguished backgrounds as entrepreneurs and senior business builders. Furthermore, our portfolio companies are able to tap into the collective power of deep-rooted networks and expertise across business strategy, product development, and fundraising. XA has invested in a wide variety of sectors and over 20 companies since 2018, including Tigerhall, Neuron, Pencil, and Infradigital. XA Network is also an LP in Vertex Southeast Asia and India latest fund. For more information please visit www.xanetwork.co

About AltaIR Capital
AltaIR Capital (www.altair.vc) is a venture management company investing in early-stage and growth projects with a primary focus on FinTech and SAAS Productivity Tools. Among the best fintech investments of AltaIR are Miro, Albert, Deel, Lili, Guide Financial, Socure, SplitIt, EquityBee.

PR Newswire

Dubber “Best of Breed” UCR & Voice Intelligence Cloud selected for IBM Cloud for Telecommunications Services

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  • Integrated Cloud offering to unlock efficiency and new services across Service Provider Networks globally
  • Addresses critical customer challenges in compliance, customer experience and security at scale

MELBOURNE, Australia, Nov. 6, 2020 — Dubber Corporation Limited (ASX: DUB) (Dubber), has been chosen as the recording and data capture platform for IBM Cloud for Telecommunications. Dubber’s Voice Intelligence Cloud will enable Service Providers to deliver next-generation Unified Call Recording and Voice AI Services on a unified cloud platform. IBM announced Dubber on the IBM Cloud for Telecommunications today, selecting ‘best-of-breed’ solutions proven in leading Service Provider environments, as critical elements of the solution.

The only Unified Call Recording™ (UCR) solution integrated and interoperable with IBM Cloud for Telecommunications, Dubber enables Service Providers to offer solutions critical to their customers addressing compliance mandates, improving sales and service performance and unlocking the possibilities contained within voice data.

"IBM has assembled world-class ‘best of breed’ services to form a compelling Cloud offering for Service Providers with Dubber as a core component and the only Australian based company involved in the global offering," said James Slaney, co-founder, Dubber.

Today’s announcements furthers Dubber’s leadership globally in UCR and voice data as a service, increasing its ability to offer new services to its more than 140 Service Provider customers globally – and, for IBM to do the same with its global network of Service Provider customers.

"In simple terms, IBM and Dubber enable service providers to differentiate and create value from the conversations occurring on the network by making call recording and voice data as a service ubiquitous and open. All conversations can be captured in the Cloud, and converted to AI-enriched data," added Slaney. "Dubber will make it easy to capture all calls – from traditional landlines to 5G services, and any end-point provisioned by the Service Provider."

The IBM Cloud for Telecommunications enables digital transformation today. The ability to convert the content of any communication into usable data presents an opportunity for endless use cases and for IBM to demonstrate its unparalleled capability to create value from the data using AI and machine learning. IBM and Dubber have a well-established partnership in the area of voice data.

Data, analytics and artificial intelligence (AI) now play an expansive and critical role in generating new business value, lowering costs and improving customer advocacy. Where and how calls occur have dispersed – a trend likely to be accelerated by 5G adoption – requiring new unified solutions that capture data from any end-point. Dubber on IBM Cloud for Telecommunications ushers in a new era of Unified Call Recording from any end-point with all voice data unified in one Cloud platform delivering insights, automation and compliance like never before. Dubber eliminates the need for costly hardware, services and lock-in contracts – and enables Service Providers to eliminate operating costs while boosting performance.

This ASX release has been approved for release to ASX by Steve McGovern, CEO & Managing Director.

For further information on IBM Cloud for Telecommunications visit:

https://newsroom.ibm.com/Introducing-IBM-Cloud-for-Telecommunications-with-35-Partners-Committed-to-Join-IBMs-Ecosystem-and-Help-Drive-Business-Transformation

About Dubber:

Dubber is unlocking the potential of voice data from any call or conversation. Dubber is the world’s most scalable Unified Call Recording service and Voice Intelligence Cloud adopted as core network infrastructure by multiple global leading telecommunications carriers in North America, Europe and Asia Pacific. Dubber allows service providers to offer call recording for compliance, business intelligence, sentiment analysis, AI and more on any phone. Dubber is a disruptive innovator in the multi-billion dollar call recording industry, its Software as a Service offering removes the need for on premise hardware, applications or costly and limited storage.