Monthly Archives: November 2020

PR Newswire

Joget Announces the Launch of “Tech for Humanity” Program

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COLUMBIA, Md., Nov. 6, 2020 — Joget Inc. today announced the "Tech for Humanity" Program to help nonprofits, NGOs, community programs and charity organizations meet their digitization goals.     

The "Tech for Humanity" program stems from a commitment to put people and humanity first by enabling innovation and technology to be leveraged with agility. COVID-19 has created an unparalleled situation, but also provided an opportunity for the world to realize the importance of human centric approach. It also proves how human imagination, creativity and resourcefulness, when married with the right technology can resolve many complex challenges, can create out of the box solutions with nimbleness when most needed.    

In consideration of how the current COVID-19 pandemic situation affects nonprofit organizations, NGOs and other charity organizations, Joget Inc. has launched a "Tech for Humanity" program. Any organization that purchased or purchases enterprise licenses for the Joget DX no-code/low-code platform will be able to donate free licenses to their choice of charity/NGO or nonprofit organization along with applications like "Employee Temperature Tracking App", "Travel Advisory Tracking","Remote Organization Management with Internal Service Request" and "Student Temperature Tracking for Schools" that they can leverage from Joget Marketplace at no cost.

"In this fast changing world with accelerated digital transformation needs for every organization, it is critical for those organizations who serve our community to digitally transform and gain efficiency. We are glad to be there to help and support them," said Raveesh Dewan, CEO Joget Inc.

"If there was ever a time where technology could help humanity it is certainly now! There is so much stress in the system: The Pandemic, the economy, social and political uncertainties. We the Business and Technology Solution Providers must rise to the occasion and do what it takes to help any and all organizations that are directly providing help to humanity! We are happy and honored to fulfill our commitment and partner with Joget in this awesome endeavor," said Parminder Sethi, President and CEO of Mokxa Technologies.

"Joget DX is an excellent low code development platform. Today, almost every organization in the world is undergoing digital transformation, community programs and charity organizations also need to cater to this trend. We are pleased to see this initiative from Joget to help and support these organizations," said Sean Feng, GM of Valuprosys Technology.

Joget Inc. and its global partners hope to extend their support to the community by enabling organizations to digitally transform themselves with agile and flexible applications to meet the challenges of these difficult times. For more information please visit Tech for Humanity.

About Joget Inc.
Joget Inc. is the developer of the Joget open source low-code application platform. Joget empowers business users, non-coders or coders to create enterprise applications for digital transformation across industries and countries. With thousands of downloads a month and 12,000+ community users worldwide across various industries (including finance, manufacturing, IT, and more), Joget is a proven platform for a wide spectrum of organizations ranging from Fortune 500 companies to government agencies and small businesses.

Contact
Media Relations
info@joget.com
1.888.60J.OGET (1.888.605.6438)

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PR Newswire

Bitauto Announces Completion of Merger

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BEIJING, Nov. 6, 2020 — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced the completion of the merger with Yiche Mergersub Limited ("Merger Sub"), a wholly owned subsidiary of Yiche Holding Limited ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of June 12, 2020 (the "Merger Agreement"), by the Company, Parent and Merger Sub. As a result of the merger, the Company became a wholly owned subsidiary of Parent and will cease to be a publicly traded company.

Pursuant to the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting on October 23, 2020, each ordinary share of the Company (each a "Share") issued and outstanding  immediately prior to the effective time of the merger (the "Effective Time") has been cancelled and ceased to exist in exchange for the right to receive US$16 in cash without interest, and each outstanding American depositary share of the Company (each, an "ADS," representing one Share) represents the right to receive US$16 in cash without interest (the "Merger Consideration"), except for (a) certain Shares (including Shares represented by ADSs) owned by affiliates of Tencent Holdings Limited, an affiliate of JD.com, Inc., and Mr. Bin Li, chairman of the board of directors of the Company, which have been cancelled in exchange for newly issued shares of Parent, (b) Shares (including Shares represented by ADSs) owned by Parent, Merger Sub, the Company or any of their respective subsidiaries, (c) Shares (including Shares represented by ADSs) held by Citibank, N.A., the ADS depositary and reserved for issuance, settlement and allocation upon exercise or vesting of Company’s options and/or restricted share unit awards, and (d) Shares held by shareholders who have validly exercised and not effectively withdrawn or lost their rights to dissent from the merger pursuant to Section 238 of the Companies Law of the Cayman Islands, which have been cancelled and ceased to exist in exchange for the right to receive the payment of fair value of those dissenting shares in accordance with Section 238 of the Companies Law of the Cayman Islands.

Each registered shareholder immediately prior to the Effective Time who are entitled to the Merger Consideration will receive from the paying agent a letter of transmittal and instructions on how to surrender their Shares in exchange for the Merger Consideration in respect of each Share held thereby, and should wait to receive the letter of transmittal before surrendering their Shares. Payment of the Merger Consideration (less an ADS cash distribution fee of US$0.05 per ADS), without interest and net of any applicable withholding taxes, will be made to holders of ADSs in respect of each ADS held thereby as soon as practicable after Citibank, N.A., the ADS depositary, receives the aggregate Merger Consideration payable to holders of ADSs from the paying agent.

The Company requested that trading of its ADSs on the New York Stock Exchange (the "NYSE") be suspended as of 9:00 a.m. (New York time) on November 5, 2020. The Company requested that the NYSE file a Form 25 with the Securities and Exchange Commission (the "SEC") notifying the SEC of the delisting of its ADSs on the NYSE and the deregistration of the Company’s registered securities. The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by promptly filing a Form 15 with the SEC. The Company’s obligation to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will cease once the deregistration becomes effective.

In connection with the merger, Duff & Phelps, LLC and Duff & Phelps Securities, LLC are serving as financial advisor to the special committee of the board of directors of the Company (the "Special Committee"). Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the Special Committee.

BofA Securities is serving as financial advisor to the investor consortium. Latham & Watkins LLP and Kirkland & Ellis are serving as U.S. legal counsel and Hong Kong legal counsel to the investor consortium, respectively.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

For more information, please visit ir.bitauto.com.

Safe Harbor Statement

This press release contains statements that express the Company’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (the "Act"). These forward-looking statements can be identified by terminology such as "if," "will," "expected" and similar statements. Forward-looking statements involve inherent risks, uncertainties and assumptions. Risks, uncertainties and assumptions include: uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders; the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; and other risks and uncertainties discussed in documents filed with the SEC by the Company, as well as the Schedule 13E-3 transaction statement and the proxy statement filed by the Company. These forward-looking statements reflect the Company’s expectations as of the date of this press release. You should not rely upon these forward-looking statements as predictions of future events. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:
Suki Li
Bitauto Holdings Limited
Phone: +86-10-6849-2145
ir@bitauto.com

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
bitauto@thefootegroup.com

Related Links :

http://ir.bitauto.com

PR Newswire

Agara and Sherpa Join Hands to Make Global Travel Safe and Hassle-Free in the COVID-Hit World

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NEW YORK, Nov. 6, 2020 — Two innovative global startups, Sherpa and Agara, have joined forces to bring forth a "virtual travel advisor". The solution aims to provide a seamless, worry-free, and safe travel experience to global travelers, as economies re-open and international travel steadily resumes in a post-COVID world. The solution combines Sherpa’s reliable travel and cross-border information delivery system and Agara’s next-generation autonomous Voice AI technology.

The integrated solution aims to empower airlines and travel companies to guide customers during transit and cross-border travel and assist with visa and health regulations, which are being enforced by the governments the world over.

While working with a global airline company together, the two companies sensed the need to provide customers with reliable and up-to-date information at every stage of their journey. Anxious customers call during the pre-booking stage to seek guidance on visa, travel restriction, quarantine needs, PPE requirements or even inquire about how they could reach their destination. In the post-booking scenario, customers typically call to reschedule their booking or change their destination, which in today’s scenario spells new restrictions and travel regulations, based on nationality, cross-border readiness, travel documents, and so on.

Sherpa’s vision is to help customers "move freely", and its technology enables this by using embeddable widgets, intuitive APIs, or white-label solutions to guide travelers through the post-COVID travel landscape by providing information they need and the documentation they require.

For customers, reaching out to the call center is the preferred choice of a quick resolution. With the spike in the number of calls to airline call centers across the world, airlines across the world are realizing the need to make information available to customers over voice in a self-service mode. With Agara’s deep learning-based autonomous voicebot, airlines can recognize the travelers’ specific query and need and understand them in the context of their current booking or reservation.

Additionally, Agara’s patented conversational capabilities help decide the next best voice response, with the goal to offer instant, on-demand customer service. With travel restrictions and regulations changing every day across the world, Agara also enables airlines and travel companies to be responsive, and enforce new policy and compliance needs in their customer communication plans.

Airlines are experiencing a 96% jump in their overall conversation volume since mid-February, owing to the pandemic. This has led to customers waiting over the phone line for hours to reschedule or cancel their flights. To that end, Sherpa and Agara’s integrated, highly scalable, real-time, and Voice AI-powered "virtual travel advisor" empowers travel organizations to help their customers with hassle-free travel. Armed with the most updated information and by providing an elevated experience, brands in the travel industry can ensure that they win customer loyalty during these extremely unpredictable times. 

"Our goal is to reduce stress and confusion for travelers as travel reopens globally, and we are excited about working with Agara to provide an innovative way to reduce the burden on airlines, OTA’s and corporate travel partners to notify their customers of travel requirements that are changing on a daily basis," said Max Tremaine, Sherpa Co-Founder, and CEO.

"Agara and Sherpa together bring the power of Voice AI and access to reliable information in real-time for travelers across the world. We imagine this as the prerequisite for passengers in the next normal, to move freely and feel confident about access to information any time, anywhere, in the globe. The Solution will provide instant information to customers and at the same time deliver operational efficiencies to the travel sector," said Abhimanyu, Co-Founder & CEO of Agara.

About Agara:

Founded in 2017 by Abhimanyu and Arjun Maheswaran, Agara’s mission is to drive autonomous business-to-consumer communication experiences over voice using advanced Real-time Voice AI. It is contextualized and pre-trained to deliver natural conversations without human assistance. Some of the largest and most respected brands globally use Agara to streamline their customer care, drive significant cost efficiencies, and improve customer experience. Agara is backed by several top-notch names in venture capital including Kleiner Perkins, Blume Ventures, and RTP Global. Visit agara.ai

Contact: Vimal, vimal@agaralabs.com

About Sherpa:

Founded in 2015 by Max Tremaine and Ivan Sharko, Sherpa is the leading global provider of travel identification requirements for the travel industry. Passionate about the freedom of movement because it is fundamental to providing people with the opportunity to connect and fulfill their ambitions, Sherpa’s vision is to provide every traveler with the information they need and documentation they require to move confidently and securely across borders. Headquartered in Toronto, Canada, Sherpa partners with the world’s leading travel providers in over 50 countries and is trusted by brands such as British Airways, Icelandair, Star Alliance, Kiwi.com, and G Adventures. Sherpa is backed by True Ventures, Relay Ventures, Globalive Capital, N49P, Erik Blatchford, and Stuart Macdonald, who sits on the company’s board of directors. To learn more, visit https://www.joinsherpa.com

Contact: Kait Schneider, pr@joinsherpa.com

PR Newswire

Flexcil Inc. Releases Second Version of Advanced PDF Annotation and Note-taking App for the iPad and iPhone

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Featured on the App Store and an Editor’s Choice app, Flexcil is a study toolkit that allows PDF annotation, notes creation, and convenient sharing.

SEOUL, South Korea, Nov. 5, 2020 — To meet the rising demands of online teaching and learning during the COVID-19 pandemic, Flexcil Inc. has launched the second version of Flexcil, its all-in-one study tool for the iPad and iPhone that combines the best of a PDF reader and a digital notebook.

PDF annotation & note taking application Flexcil released it's new version supports iPad and iPhone
PDF annotation & note taking application Flexcil released it’s new version supports iPad and iPhone

Flexcil offers smooth and seamless digital note-taking and annotation that enhances the entire learning experience of reading books, organizing notes, reviewing, and sharing in the digital world. The intuitive PDF reader enables users to annotate PDFs and organize notes efficiently without interruption using natural, simple, and intuitive pen gestures. Since Flexcil supports the latest Apple Pencil and Double-tap function, users can simply highlight and underline text, select, add, move, or delete images and text, and take notes using pen gestures. The app also helps save time transcribing summaries with a touch pen. It includes an extended gesture menu for search and bookmark.

Users can view the PDF while dragging and dropping elements from it to a separate notepad and organize them easily. They can edit PDFs to their taste and edit notes as well. All the referenced information and resources (texts, images, notes) are linked systematically to find data easily and quickly. A Palm Rejection solution prevents unintentional palm and finger contact for precision and accuracy.

New features include Full-screen view with minimal UI and Document Switch button, Vertical Scroll for both PDF and pop-up note, and Multi-page view for up to 4 pages that is optimal for viewing PPT files. Compatible with the iPhone, the new version allows users to take notes anytime, anywhere.

Flexcil connects with various cloud storage services, including iCloud, Dropbox, OneDrive, and Google Drive. In addition to personalization through a variety of colorful covers and note templates such as Plain, Lined, Legal, and Cornell, it provides various study toolkits such as Shape, Capture, Ruler, and Lasso Tools.

"Flexcil has proven its quality by being selected as Apple’s App Store featured app and is pre-installed on iPads in Apple Stores worldwide. It has also been selected under C-Lab Outside, Samsung’s startup accelerator program," said Jung Koo Kwon, CEO of Flexcil Inc. "Through this new release, our app can provide an advanced user experience with full-screen view, vertical scroll, 4-page view, and more. It is ideal for students, educators, researchers, schools, and educational institutions."

For more information about the PDF Reader and note-taking app for the iPad and iPhone that combines the strengths of both the analog and digital study experience, visit https://www.flexcil.com. Flexcil is available on the App Store.

About Flexcil Inc.

Founded in 2015, Flexcil Inc. was the first winner of the in-house idea incubation program of Hancom Inc., one of the largest software companies in South Korea. The company’s mission is to bring out the best in both analog and digital education experience. It launched Flexcil, an iPad app that offers a seamless digital study experience by innovating the study environment like reading books, taking notes with a pencil, and reviewing them. Apple recognized and selected Flexcil as a demo app in Apple retail stores worldwide as well as a featured app in the App Store many times. Flexcil Inc. is now expanding its product to other environments such as Android and the iPhone. 

Related Links :

http://flexil.com

PR Newswire

Correction: WiMi Announces Acquisition of Fe-da Electronics Company Pte Ltd

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BEIJING, Nov. 5, 2020 — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading augmented reality ("AR") service provider in China, announces that its wholly-owned subsidiary, VIYI Technology Inc. ("VIYI Technology"), has entered into an agreement for the acquisition of 100% equity interests of Singapore-based Fe-da Electronics Company Pte Ltd. ("Fe-da Electronics") to accelerate the development of the Company’s semiconductor chip business. According to the financial statements provided by Fe-da Electronics, the revenues of Fe-da Electronics amounted to US$45,892,564 and US$70,770,218 for 2018 and 2019, respectively, both of which have exceeded the total revenues of WiMi in their respective periods. Through integrating Fe-da Electronics, the Company seeks to further optimize its financial model so as to improve its business growth and market size, and create more value for its investors.

The main businesses of Fe-da Electronics are the customization of central processing units ("CPU") for computers and servers and the production of storage devices, including SSD and RAM storage devices. After integrating Fe-da Electronics into VIYI Technology, the Company plans to both retain and strengthen Fe-da Electronics’ current team, fostering meaningful synergies in its development of central processing algorithm services. The Company also plans to utilize Fe-da Electronics’ existing artificial intelligence ("AI") and cloud computing technologies to further unlock its potential in the development of cloud service solutions.

Through the Company’s integration of Fe-da Electronics’ semiconductor businesses, the Company will further strengthen its central processing algorithm services, launch an integrated hardware-software system for enterprise and industrial data centers, and help better facilitate the digital transformation process by providing the entire industry, especially small- and medium-sized enterprises, with integrated cloud computing products and services. Furthermore, the Company will also leverage Fe-da Electronics’ resources to further establish its presence in Mainland China, Hong Kong, Taiwan, Southeast Asia, and other areas.

Mr. Shuo Shi, Chief Executive Officer of WiMi, commented, "Our acquisition of Fe-da Electronics marks a very important milestone in our journey to achieve our long-term goal of becoming a global leader in CPU AI algorithms. In addition, our integration with Fe-da Electronics will create significant synergies in the areas of technology, product development, and market coverage, helping us to seize those market opportunities in the field of central processing algorithm services and develop more unique competitive advantages. Going forward, we plan to leverage these advantages to capture related market opportunities, move closer towards the fulfillment of our long-term goals in both AI algorithms and cloud computing services, and create more value for our shareholders over the long term."

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the 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. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, 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. 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: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws. 

Contacts

WIMI Hologram Cloud Inc.
Email: pr@wimiar.com

ICR, LLC
Sharon Zhou
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com

PR Newswire

Nium Names Frederick Crosby as New Chief Revenue Officer

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Crosby will take on global responsibility and oversight for the company’s B2B sales, marketing and communication efforts.

SINGAPORE, Nov. 5, 2020 — Nium, a financial technology infrastructure platform, today announced the appointment of Frederick Crosby as its new Chief Revenue Officer. This comes as the company looks to expand and develop its global financial infrastructure to enter new markets, expand across the globe, and establish banking relationships to seamlessly move money around the world.

Nium Names Frederick Crosby as New Chief Revenue Officer
Nium Names Frederick Crosby as New Chief Revenue Officer

 

Frederick comes with nearly two decades of experience in pioneering and driving growth in the digital cross-border C2C, B2B and B2C payment space with some of the biggest names in the industry. At PayPal, he led a company-wide effort that made PayPal the payment method of choice in cross-border e-commerce around the world. As the Digital CRO at Western Union, he transformed the company into a digital remittance giant and market leader in every country they served. In his last role, Frederick was the Chief Revenue and Marketing Officer at Veem, a B2B global payment service backed by Kleiner-Perkins and GV (formerly known as Google Ventures), where he established Sales, Marketing and Business Development teams that drove customer count from under a thousand to over 170K in just four years.

Frederick said, "Designing and implementing go-to-market growth strategies for start-ups and enterprise companies has been at the heart of my professional career, and I cannot wait to combine my passion for global payments and FinTech with this new role at Nium. As the world has accelerated online adoption in the face of COVID-19, any smart business knows it is time to think global in its payment strategy if they want to grow in the upcoming years. Working together with colleagues, partners, and customers around the world, Nium continues its mission to be the leader in simplifying the cross-border payments experience and offer the right solution for businesses."

Prajit Nanu, Co-founder and CEO of Nium said, "I am super excited to welcome Frederick in this new position. With his extensive experiences in high-growth planning and execution, he is perfectly suited to lead the charge to break new ground, and ensure that we remain the platform partner of choice for enterprises."

This appointment follows the company’s recent expansion into Middle East and Africa, as well as a slew of new senior hires recently including Dana Nino as global Senior Vice President for Growth, Customer Success, and Partnership. Frederick will be reporting directly to Prajit Nanu, CEO and Co-Founder of Nium.

About Nium

Nium is a global financial technology platform redefining the way consumers and businesses send, spend and receive funds across borders. The company is continuously innovating to provide the most relevant and agile solutions to meet the needs of consumers and businesses, having evolved from solely focusing on consumer remittance via InstaReM, to also providing fintech solutions for businesses. Nium is regulated in Australia, Canada, European Union, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, United Kingdom and the United States of America, and processes billions of dollars a year for banks and payments institutions, the next generation of e-commerce players, OTAs and retail users across the world. Nium’s investors include Visa, BRI Ventures, Vertex Ventures, Vertex Growth, Fullerton Financial Holdings, GSR Ventures, Rocket Internet, Global Founders Capital, SBI Japan, FMO (Netherlands Development Finance Company), MDI Ventures, Beacon Venture Capital and Atinum Investment.

For more information, visit: http://www.nium.com.

Media Contact:

Gillian Loo
+65 9863 8120
Gillian.loo@nium.com

Related Links :

http://www.nium.com

PR Newswire

Wondershare Recognized as an Industry Leader in the G2 Crowd Fall 2020 Reports

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VANCOUVER, BC, Nov. 5, 2020 — Wondershare is proud to announce that several of its creativity and productivity software products have been recognized by the G2 Crowd Fall 2020 Reports.

Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports
Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports

These reports rank products by customer satisfaction, market presence, seller size, and social impact. Below are the ranks awarded to Wondershare products.

  • Wondershare Filmora: Leader in Video Editing
    Wondershare Filmora has been recognized as a leader in the field of video editing, along with other well-known names such as Adobe Premiere and Final Cut Pro X. The recently launched upgrade, Wondershare Filmora X, is designed to make it easy for new content creators to drag and drop their way to extraordinary videos.
     
  • Wondershare PDFelenment: Leader in Document Generation
    Wondershare PDFelement has been recognized as a leader in Enterprise Document Creation, Graphic Design, Desktop Publishing and Document Creation. PDFelement is the easiest way to create, edit, convert, and annotate forms and documents. Designed with simplicity in mind, PDFelement gives you all the elements you need to communicate easier, faster, and better.
     
  • Wondershare FilmoraPro: High Performer in Video Editing
    Wondershare FilmoraPro has been recognized as a High Performer in video editing. FilmoraPro provides powerful functions while remaining user-friendly. Features include: unlimited tracks, preset transitions, automatic stabilization and more. It is the best choice for the professionals.

"We’re honored to receive this recognition. It means a lot to our engineers and product managers who have been dedicated to providing the best experience for our users," said Tobee Wu, CEO of Wondershare. "We look forward to enhancing the product experience even further and continuing to invest in software innovation."

Wondershare Recoverit and Wondershare Dr.Fone were also recognized as being among the Top 50 products in IT management for 2020 based on positive user feedback for the year of 2019.

For all the latest Wondershare news and updates, follow us on YouTube, Instagram, Facebook and Twitter.

About Wondershare:

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That’s why we’re trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.  

www.wondershare.com

Media Contact
Ellen Cheng
Wondershare
ellenc@wondershare.com

Related Links :

http://www.wondershare.com/

PR Newswire

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

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TOKYO, Nov. 5, 2020 — COVID-19 has affected the four cornerstones of connectivity, shared, electric and autonomous (C.A.S.E.) in the mobility industry, even as it continues to incubate new consumer behaviors, competitive responses, innovation strategies, and business models. The crisis has provided a massive impetus to digital initiatives across the mobility value chain. Stakeholders are accelerating digital transformation with innovative, digitally-driven business models and value-added services that will underpin the push towards a stronger, more resilient future.

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence
Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

To understand how digitization is reinventing the mobility landscape, the theme of this year’s Frost & Sullivan’s Intelligent Mobility Summit 2020 is "Intelligent Mobility: The Digital Acceleration".  The two-day online summit, scheduled to be held on November 24-25, 2020 will offer unique insights into the role of digital technologies in helping stakeholders, particularly across the Asia-Pacific region, navigate the new normal and shape the future of mobility in a post-COVID scenario.

To register your attendance at this premier, must-attend flagship Intelligent Mobility Summit, please visit: http://frost.ly/4su

This year’s complimentary event brings together Frost & Sullivan’s mobility experts and industry thought leaders, including Ashwani Gupta, Director, COO/CPO, Nissan Motor Co., Ltd.; Christopher Wehner, Managing Director, BMW Group Asia; Pras Ganesh, Project Executive Vice President, Toyota Daihatsu Engineering & Manufacturing Co., Ltd.; and. Juan Carbonell, Head of Solutions APAC, Moovit.

Panel discussions and industry presentations will focus on six thematic areas:

  • The Future of Connectivity
  • New Paradigms – New Business Models
  • Shared Mobility & Delivery on Demand Trends
  • Future of Electrification & Autonomous Driving
  • Digital Retailing in Automotive Industry
  • Future of Last Mile Delivery

As connectivity capabilities and services improve, the challenge will be to reconcile privacy and data security concerns with the need for more real-time vehicle information. Meanwhile, mobility companies will confront the dilemma of whether to adopt go-it-alone strategies or push for greater interoperability and open standards.

"New digitally empowered business models—usership-based, services-oriented or data monetization-driven, among them—are gaining momentum across the mobility value chain," notes Vivek Vaidya, Associate Partner and Senior Vice President, Mobility Practice, Asia Pacific, Frost & Sullivan. "Start-ups are upsetting traditional value chains, creating new use cases, and fostering novel ideas about value creation."

Participants in the hard hit shared mobility segment are evaluating new business approaches. For instance, several ride hailing, e-scooters, and e-hailing companies are repurposing their offerings by riding on the boom for last mile food and grocery deliveries.

Vehicle electrification and autonomy are long-term strategies that have remained largely insulated from the impacts of the pandemic.  Automakers are continuing to develop electric vehicle/ autonomous driving (EV/AD) platforms and architectures, while pushing forward on circular economy and innovating to zero practices.

Digital automotive retail has received a massive fillip during the pandemic. "Changing customer behaviors are compelling automakers to streamline the customer journey from vehicle purchase to delivery, and promote seamless access to contactless parts/services delivery and online retail finance," says Vaidya. "Simultaneously, evolving online-offline dynamics are altering dealership and distribution models."

Advances in enabling technologies are expanding the potential of urban air mobility (UAM) applications. Cargo drones are being spotlighted as last mile delivery solutions, while passenger UAM vehicles offer promise in resolving urban congestion woes. Continued innovation and regulatory oversight will be key to boosting market prospects.

About Frost & Sullivan
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PR Newswire

Fuji Xerox Strengthens Synergies Within Fujifilm Group to Create Growth Globally

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Rebrands Asia Pacific Operations to Fujifilm from April 2021

TOKYO, Nov. 5, 2020 — Fuji Xerox announces that its Asia Pacific operations will change to the Fujifilm brand with the changing of Fuji Xerox Co., Ltd. corporate name to FUJIFILM Business Innovation Corp. on April 2021. This change is brought forth based on the company’s decision to end the Technology Agreement with Xerox Corporation on the agreement’s expiration date, March 31, 2021. The Technology Agreement provides for technology/brand licenses and sales territories applicable to each company.

Fuji Xerox and Xerox Corporation have a history of benefiting from the shared use of technologies each company independently developed. Fuji Xerox has thrived in the speed and level of product development and have been establishing its own technologies for many years. As such, Fuji Xerox is well positioned to continue developing and manufacturing its original products using its own, unique technologies after the expiration of the Technology Agreement with Xerox Corporation.

Fuji Xerox will also provide services and maintenances including managed print services to customers in full performance of current agreements with them, without regard to the expiration of the Technology Agreement with Xerox Corporation.

With affluent know-how accumulated to date and trust earned from customers, Fuji Xerox aims to foster innovation with the other companies in the Fujifilm Group by accelerating the market introduction of solutions and services that build on technologies related to the cloud, artificial intelligence, and the Internet of Things. Additionally, Fuji Xerox will work swiftly to strengthen its document and adjacent businesses as well as to expand into new business areas, and to bring about business innovations by supporting the use and sharing of knowledge that will enable office workers to further increase their productivity and efficiency.

Likewise, on April 1, 2021, the sales departments in Japan and all 31 domestic sales subsidiaries plus Fuji Xerox InterField will integrate as one to establish a new company, FUJIFILM Business Innovation Japan Corp.

The new corporate name represents Fuji Xerox’s commitment as part of the Fujifilm Group – which promotes "Value from Innovation" as its corporate slogan – to expand into a wide range of business areas going forward and to always continue delivering business innovations.

[List of major Asia Pacific affiliates]

Current company name

New company name after April 2021

Fuji Xerox Asia Pacific Pte Ltd

(Regional management of sales affiliates in Asia/Oceania countries and regions)

FUJIFILM Business Innovation Asia Pacific Pte. Ltd.

Fuji Xerox Asia Pacific Pte. Ltd. (Malaysia Operations)

(Sales and services of office equipment in Malaysia)

FUJIFILM Business Innovation Asia Pacific Pte. Ltd.  (Malaysia Operations)

Branch of Fuji Xerox Asia Pacific Pte Ltd (Cambodia)

(Sales and services of office equipment in Cambodia)

Branch of FUJIFILM Business Innovation Asia Pacific Pte. Ltd. (Cambodia)

Fuji Xerox Singapore Pte Ltd

(Sales and services of office equipment in Singapore)

FUJIFILM Business Innovation Singapore Pte. Ltd.

Fuji Xerox Australia Pty. Limited

(Sales and services of office equipment in Australia)

FUJIFILM Business Innovation Australia Pty Ltd.

Fuji Xerox New Zealand Limited

(Sales and services of office equipment in New Zealand)

FUJIFILM Business Innovation New Zealand Limited

Fuji Xerox (China) Limited

(Sales and services of office equipment in China)

FUJIFILM Business Innovation (China) Corp.

Fuji Xerox Taiwan Corporation

(Sales and services of office equipment in Taiwan)

FUJIFILM Business Innovation Taiwan Co., Ltd.

Fuji Xerox Korea Company Limited

(Sales and services of office equipment in Korea)

FUJIFILM Business Innovation Korea Co., Ltd

Fuji Xerox (Thailand) Co., Ltd.

(Sales and services of office equipment in Thailand)

FUJIFILM Business Innovation (Thailand) Co., Ltd.

Fuji Xerox Philippines Inc. 

(Sales and services of office equipment in the Philippines)

FUJIFILM Business Innovation Philippines Corp.

Note: Due to the registration processes of respective countries, the exact date as to when the new names will go in effect may vary per affiliate.

About Fuji Xerox

Founded in 1962, Fuji Xerox Co., Ltd. is a leading company in offering smarter ways to work with its document-related solutions and services, as well as with the world-class office multifunction devices, printers and production printers that we develop and manufacture for worldwide distribution.    

Fuji Xerox is a wholly owned subsidiary of FUJIFILM Holdings Corporation with direct sales force covering Japan and the Asia-Pacific region including China. As a U.S. 10 billion dollar enterprise, we employ approximately 40,000 people globally, with more than 80 domestic and overseas affiliates / sales subsidiaries. On April 1, 2021, Fuji Xerox will change its corporate name to FUJIFILM Business Innovation Corp.

Fuji Xerox Asia Pacific is the subsidiary of Fuji Xerox overseeing sales operations in the Asia-Pacific region. 

http://www.fujixerox.com

Xerox, Xerox and Design, as well as Fuji Xerox and Design are registered trademarks or trademarks of Xerox Corporation in Japan and/or other countries.

PR Newswire

Former Global Head of Trade Finance, Farooq Siddiqi, joins fintech platform #dltledgers as CEO

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SINGAPORE, Nov. 5, 2020 — Leading cross-border trade digitisation platform #dltledgers has hired veteran banker Farooq Siddiqi as its Co-CEO. Siddiqi, who has over 25 years of experience in transaction and corporate banking commenced his new role on 2nd November 2020. He will split responsibilities with the founder & CEO, Samir Neji. Based out of the company’s Singapore headquarters, the senior banking professional will focus on paving the path for the next phase of #dltledgers’ growth. His immediate plans include geographic expansion, deploying the company’s recently launched Trade Finance Registry, and leading the launch of SmartFIN, an SME financing programme. Future plans include introducing innovative transactional lending models for supplier financing and inventory financing, such that platform customers can immediately benefit from next-generation risk management models.

Farooq Siddiqi, Co-CEO of #dltledgers
Farooq Siddiqi, Co-CEO of #dltledgers

During the course of his career Siddiqi has held numerous senior leadership roles. In his most recent role as CEO, Asia Pacific at Falcon Group, he was responsible for formulating regional strategy and contributing to global business delivery. Prior to Falcon Group, Siddiqi had almost two decades of experience at Standard Chartered Bank, which he joined in 2000. At Standard Chartered Bank he ran trade finance globally, having worked his way up through various regional and global roles within trade and cash management.

Speaking on his appointment, Siddiqi says: "COVID-19 has impacted businesses dramatically, especially the small and medium sized companies. If these companies do not adopt more efficient, digitised solutions quickly, they are at real risk. Even large enterprises and banks suffer by sticking with traditional operating processes within trade finance. It is imperative for the industry to review newer models, especially those deploying blockchain technology, to bring about streamlined, transparent processes that benefit all stakeholders. I believe now is an opportune time to step up efforts to bring about these industry changes. Therefore, I am thrilled to be joining the team to help further this vision".

Over the past few months, #dltledgers has expanded rapidly. Several senior figures have been hired to help power its ongoing fintech innovation. Apart from trade finance and supply chain digitisation, the company has deployed a range of supplier finance and sustainability finance solutions. It recently made global headlines as the platform-provider for the Singapore government’s Trade Finance Registry pilot, which aims to tackle double financing fraud. The company’s focus on hiring senior trade finance professionals is no coincidence. While digitising trade execution processes is the current focus, the company’s longer-term objective is to leverage its data to create a more sophisticated framework for managing risk and liquidity within global trade finance.

"It’s always a delight to welcome banking leaders into the fintech sector. We are incomplete without their expertise" says Samir, CEO at #dltledgers. "We see huge expectation gaps between the seekers and financiers in the market, due to the volatility and risks involved in financing. Having an industry veteran like Farooq join our team in this critical post-COVID period will aid us immensely. We are striving to serve the growing aspirations of our customer, and to offer a better, safer, digital, experience for all stakeholders, while mitigating the trade finance gaps between lenders and buyers. Farooq is the perfect fit because he has global experience, is a strategic thinker, is customer-focused, and has the ability to execute. For him to join #dltledgers is as promising a signal as we could hope for. I am ecstatic to welcome him to the team".

Since its inception three years ago, #dltledgers has digitised over SGD 3 billion-worth of cross-border trades, powering trade flows spanning 28 countries on four continents. On the back of significant growth in 2019/20, including the opening of several global offices, the company is in the midst of its latest funding round, which will support further expansion in 2021.

About #dltledgers:   

#dltledgers is the leading, independent fintech platform for trade and supply chain digitisation and finance in blockchain. Based in Singapore, the platform facilitates inter-enterprise collaboration, connecting the "digital islands" across its value chain to create a trusted trade framework and supply chain ecosystem for its users, thus offering a risk model for lending. Network participants include buyers, sellers, trading companies, and finance providers, as well as carriers, logistics partners, insurers, ports, and a variety of certifying bodies and government agencies. The #dltledgers blockchain platform is a pioneer in enterprise blockchain, having executed $3 billion worth of live transactions, involving over 400 subscribed traders, 45 banks, and 4500+ ecosystem partners.