Yearly Archives: 2020

PR Newswire

Fosun RZ Capital Identifies IoT as the Major Key to an “Intelligent World”

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BEIJING, Sept. 26, 2020 — The IoT is the third technological revolution after computers and the Internet, connecting all surroundings in a shared environment to accomplish anthropomorphic perception and exchange of information. Cisco predicts that 50 billion IoT devices will be put into use by 2020, signaling the arrival of a fully intelligent era. By investing in RoboSense, a LiDAR solution provider with a foothold in IoT, and Yunding, an intelligent home platform using IoT technologies, Fosun RZ Capital helps industries become more digitalized faster pace to create a more accurate IoT.

Fosun Rz Capital
Fosun Rz Capital

"The Chinese IoT market is expected to witness significant growth with the CAGR of approximately 22.7% during the forecast period", according to the China IoT Market 2019-2025.(1) China made the "development of the Internet of Vehicles" a priority in 2017. Such action boosted the continuous innovation and improvement of AI and intelligent technology projects, one of which is auto-driving cars. LiDAR nowadays has become an indispensable sensor on most RoboTaxis, a leading product of auto-driving cars. RoboSense, invested by Fosun RZ Capital, seized the opportunity of the fast development of LiDAR, provides its LiDAR solutions for autonomous driving to many of the world’s leading enterprises. On September 17, RoboSense worked with Alibaba, a global leader in information system technology, and helped its DAMO Academy launch its first driverless terminal product, "Xiaomanlv,"(2)(3) creating a new wave in the logistics robot market. In addition to facilitating large-scale commercial use for last-mile delivery and commercial scenarios, RoboSense will seize every opportunity to upgrade its technologies so that robots and AI can be put into more practical use.

Nowadays, the IoT has long become an essential indicator of a country’s innovation capacity and industrial competitiveness. The explosive development of AI, 5G, IoT, along with the falling costs of core component accelerated the penetration of IoT. From keys to fingerprints, the changing forms of door lock signify the arrival of "intelligent life." Yunding has been carrying out technology innovation to offer the industry the most comprehensive intelligent lock detection solution. With the demand for rental apartments soaring, smart door locks have also become a necessity. Experiments prove that the "little black box," which is said to be able to unlock many electronic locks, cannot break Yunding’s locks, even with a high level of electromagnetic pulse attack for 3 seconds, proving Loock locks are convenient and safe. As for apartment operation, intelligent technologies can reduce people’s pressure on management while lowering operating costs. So far, Yunding has supplied products to more than 500 apartments, including over 80% of the top 100 apartment brands. Yunding also owns a 60% share in the intelligent lock market. Recently, Yunding has joined hands with industry leaders, including Xiaomi Security, Alibaba Cloud, Goodix, Silicon Labs, and Future Technology, to build an intelligent lock security laboratory to achieve information exchange among different brands. And to better serve the 8.5 million Yunding users. (4)

Fosun RZ Capital is vigorously exploring the IoT to create an innovative ecology for the technology industry. Research has shown that, by 2020, the digital world will capture 44 trillion gigabytes of data from the surroundings. In this contemporary digital world, innovative technologies provide data support and numerous interconnected devices for the IoT, changing people’s lifestyles in all aspects. Fosun RZ Capital will continue to focus on technology investments to boost IoT development and collaborate with brilliant companies worldwide to empower and share growth.

Reference:

(1) "Chinese IoT Market Outlook Report 2019-2025 – ResearchAndMarkets.com." Yahoo! News, Yahoo!, 25 May 2020, news.yahoo.com/chinese-iot-market-outlook-report-130700402.html.  

(2)  Daily, National Business. .@AlibabaGroup Launched Its First Robot Which Is Fittingly Named ‘Little Donkey’ as It Is Aimed for Logistic Purpose.The Robot Is Backed by AI and Autonomous Driving Technologies from Alibaba’s DAMO Academy, and Will Be First Adopted in Alibaba’s Cainiao Delivery Network. Pic.twitter.com/yHhw4D0GL4. Twitter, Twitter, 17 Sept. 2020, twitter.com/NBDPress/status/1306471868627517440.

(3) Tech, SCMP. "Alibaba Launches Logistics Robot for Last-Mile Deliveries to Lower Costs and as Pandemic Pushes Automation Https://T.co/itv4tchrOM." Twitter, Twitter, 17 Sept. 2020, twitter.com/SCMPTech/status/1306567843920719873. 

(4) "Yunding Technologies." Yunding, yunding.cn/. 

 

PR Newswire

Huntkey 27W USB-C Fast Charger Is Available on Amazon US and CA

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SHENZHEN, China, Sept. 25, 2020 — Huntkey, a leading global provider of power solutions, has released its 27W charger to global markets. The charger is integrated with a USB-C port, and features QC4.0/PD3.0 charging abilities that can charge electronic devices with a faster charging speed than a conventional charger. Below are the details of the Huntkey 27W USB-C Charger.

https://en.huntkey.com/wp-content/uploads/2020/09/27w_01.jpg

The charger is universally compatible with fast charging technologies, which makes it suite for a wide range of devices that equipped with USB-C interface such as smart phones, tablets, notebooks. The double-chip inside the 27W charger can properly adapt a worldwide voltage input from 100V to 240V. It means you can use it in any country as long as the charger can plug into the local socket.

https://en.huntkey.com/wp-content/uploads/2020/09/27w_02.jpg

Besides the wide voltage feature, the 18W Huntkey USB-C charger can intelligently control the charging rates and match a proper rate for smart phones or tablets, keep the battery durable all the time. Before launching the charger to the market, Huntkey conducted an experimental test to demonstrate its superior performance. It can fully charges a iPad Pro 2018 11" within 3.5 hours.

The 18W charger is accredited with UL, and also is equipped with all-round protections including Over Charge Protection (OCP), Over Heat Protection (OHP) and Short Circuit Protection (SCP).

Now, the 27W USB-C charger is available on both Amazon.

Amazon US:

https://www.amazon.com/Huntkey-USB-C-Charger-MacBook-Samsung/dp/B07NP4W4FK/ref=sr_1_20?dchild=1&keywords=Huntkey&qid=1601019959&sr=8-20

Amazon CA:

https://www.amazon.ca/Huntkey-USB-C-Charger-MacBook-Samsung/dp/B07NP4W4FK/ref=sr_1_35?dchild=1&keywords=Huntkey&qid=1601021145&sr=8-35

About Huntkey
Huntkey, founded in 1995 and headquartered in Shenzhen, is a member of The International Power Supply Manufacturer’s Association (PSMA) and a member of The China Power Supply Society (CPSS). With branch companies in the USA, Japan and other areas, and cooperating factories in Brazil, Argentina, India and other countries, Huntkey has specialized in the development, design, and manufacturing of PC power supplies, industrial power supplies, surge protectors, adapters and chargers for many years. With its own technologies and manufacturing strength, Huntkey has received unanimous recognition and trust from most of its customers.

For more information about Huntkey, please visit:
https://en.huntkey.com/

Contact:
Jenifer Wen
+86-755-8960-6670
market2@huntkey.net

 

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PR Newswire

Reserve Bank of India (RBI) Grants In-principle Authorisation to Set-up and Operate Bharat Bill Payment Operating Unit to Vakrangee Limited

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MUMBAI, India, Sept. 25, 2020 — Vakrangee Limited (VL) has been granted In-principle authorisation to set-up and operate Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007 from Reserve Bank of India (RBI). Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS.

Nextgen Vakrangee Kendras exclusively offers a comprehensive range of products and services across banking, insurance, ATM, Financial Services, Assisted e-Commerce, e-Governance and logistics. With 70% of its Nextgen outlets in Tier-5 and 6 towns, Vakrangee shall have direct access to operate as an operating unit under the BBPOU and shall provide the Bill Payment service to its customers in the most remote and hitherto unserved/underserved parts of the country.

Commenting on this, Mr Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd said, "We are happy to announce that we have been grated In-Principle Authorisation to set-up and operate Bharat Bill Payment Operating Unit by RBI. Bill Payment service is one of the key services offered in our Nextgen Vakrangee Kendra Business Model and it gives confidence to our customers especially in Rural and Semi Urban centres.

"We believe that these NextGen outlets will enable every Indian to seamlessly benefit from financial inclusion, social inclusion, digital India, skill development, employment, government programmes and a wider access to basic goods and services."

This approval further expands our bouquet of services available to citizens through Vakrangee Kendras.  Vakrangee currently has 34,200+ (10,000+ Operational & 24,200+ under on-boarding process) which are spread across 32 States & UTs, 560+ districts and 7,250+ postal codes. More than 70% of these outlets are in Tier 5 and 6 towns. Vakrangee’s planned target is to reach at least 25,000 Nextgen Vakrangee Kendras by 2020.

About Vakrangee Limited (BSE Code: 511431) (NSE Code: VAKRANGEE)

Incorporated in 1990, Vakrangee is a unique technology driven company focused on building India’s largest network of last-mile retail outlets to deliver real-time banking & Financial Services, ATM, insurance, e-governance, e-commerce and logistics services to the unserved rural, semi-urban and urban markets. The Assisted Digital Convenience stores are called as "Vakrangee Kendra" which acts as the "One-stop shop" for availing various services and products. (www.vakrangee.in)

Media Contact:
Ammeet Sabarwal
Chief Corporate Communications & Strategy Officer
ammeets@vakrangee.in  
Ph no: 02267765100
Vakrangee Limited – www.vakrangee.in

Related Links :

http://www.vakrangeesoftwares.com/

PR Newswire

Humane(R) Inc., Completes Series A Funding Round

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Sam Altman and Lachy Groom lead Humane® Inc. Series A to build the next computing platform

SAN FRANCISCO, Sept. 25, 2020 –Humane® Inc., today announced that it has raised a $30 million Series A round led by Sam Altman and Lachy Groom. This round will enable the company to continue its mission to deliver the next shift between humans and computing.

"It’s time for a change," said Humane co-founders Imran Chaudhri and Bethany Bongiorno. "We are building a different type of company and a new platform for a new era. Pioneering new paradigms takes passion and ambition, we’re thrilled to partner with Sam and Lachy to help deliver on our vision."

"We have deep conviction that what Humane is building is the future," said Sam Altman and Lachy Groom. "New computing platforms don’t come along very often and what the team has created is genuinely amazing. Humane has a real chance at a revolution and we are both incredibly excited to partner with them over the coming decades." 

Also participating in the round were Marc Benioff, Valia Ventures, Plexo Capital, Kindred Ventures and others. This diverse set of investors brings a unique blend of technological, operational, and global expertise that will help the Humane team in its mission to deliver a new platform for the next era of computing.

About Humane 
Humane is a technology company that creates and sells consumer hardware, software, and services that feel familiar, natural and humane. Humane is the next shift between humans and computing, the best human experience ever. 

To learn more about Humane, please visit https://hu.ma.ne/ and follow us on Twitter @Humane

HUMANE and the hu.ma.ne logo are trademarks of Humane Inc.

Logo – https://mma.prnasia.com/media2/1281254/Humane_Logo.jpg?p=medium600  

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PR Newswire

Hexindai Launches Elite Influencers Program on Xiaobai Maimai

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BEIJING, Sept. 25, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that the newly launched Elite Influencers Program on Xiaobai Maimai, a new-form of social e-commerce platform released in May 2020, has made good progress and delivered impressive results.

The Elite Influencers Program was designed for users of Xiaobai Maimai to attain higher returns on top of the regular commissions they receive for every purchase, share or recommendation of a product to family and friends. Users of Xiaobai Maimai can become Elite Influencers and enjoy higher commission rates as their influence reaches certain performance milestones. Currently, the Elite Influencers introduced to the platform are primarily WeChat merchants who have considerable influence on social e-commerce in China. This group of Elite Influencers were selected for their rich experience in social e-commerce, regular engagement with an extensive follower base, and their sales on WeChat, including popular shopping categories such as maternal and infant products, household goods, and cosmetic products.

Mr. Xiaobo An, Founder, Chairman and Chief Executive Officer of Hexindai, commented, "The key to social e-commerce is effective communication between communities, and our Elite Influencers Program is a win-win solution built on effective communication. Leveraging their social influence and large follower base, Elite Influencers attract additional traffic to our platform and facilitate sales with every move they make on social media. They will enjoy higher commission rates without bearing the risks associated with maintaining stocks and inventories. At the same time, consumers can save on quality products with the discounts, coupons and rebates offered by Xiaobai Maimai. Since the launch of the Elite Influencers Program, we are very pleased to see significant improvements in a number of operating metrics on Xiaobai Maimai. In August 2020, our monthly active users accounted for approximately 61% of the total registered members of Xiaobai Maimai, representing a significant increase from 29% in June 2020. The monthly orders increased threefold from June 2020 to August 2020, and the number of monthly page views increased by nearly 60 times from June 2020 to August 2020. Going forward, we will continue to promote the Elite Influencers Program to more users, including influential WeChat merchants, retail store merchants, members of mothers’ clubs and farmers’ markets, and part-time merchants. We believe that the Elite Influencers Program will effectively expand our user base and increase traffic to and revenues generated from our platform. At the same time, we also intend to promote social employment through our efforts and further fulfill our corporate social responsibility."

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.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: the Company’s goals and strategies; its future business development, financial condition and results of operations; the expected growth of the social e-commerce industry, the credit industry, and marketplace lending in particular, in China; the demand for and market acceptance of its marketplace’s products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.

For more information, please visit 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://www.hexindai.com

PR Newswire

Canadian Solar Comments on ITC Complaint Filed by Solaria Corporation

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GUELPH, ON, Sept. 25, 2020 — Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), today issued the following comment:

Over the past five months, Canadian Solar has been vigorously litigating a patent lawsuit filed by Solaria in April 2020 in the U.S. District Court in Oakland, California, entitled The Solaria Corporation v. Canadian Solar Inc., Case No. 4:20-cv-02169-JST (N.D. Cal.). Canadian Solar countersued with claims requesting that the Court declare, as Canadian Solar believes, that:

(1) none of the products at issue in the case infringe the Solaria patents;

(2) Solaria withheld key evidence from the U.S. Patent Office when seeking its patents; and

(3) this, among other reasons, renders the asserted claims both invalid and unenforceable. 

In the face of Canadian Solar’s countersuit, Solaria opted to file a new lawsuit with the U.S. International Trade Commission (ITC), entitled Certain Shingled Solar Modules, Components Thereof, and Methods for Manufacturing the Same, Section 337 Investigation Docket No. 3491. The ITC investigation is expected to be instituted next month. 

Asserting the same family of patents against the same limited number of products (HiDM and HiDM5) in a different forum does not make Solaria’s claims any less flawed. Canadian Solar will continue to vigorously defend these lawsuits, while the Company continues to focus its energy on developing superior product and bringing innovation to the market.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar power companies. It is a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions and has a geographically diversified pipeline of utility-scale solar power projects in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 46 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries. Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; delays in the process of qualifying to list the MSS subsidiary in the PRC; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company’s SEC filings, including its annual report on Form 20-F filed on April 28, 2020. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

Related Links :

http://www.canadiansolar.com

PR Newswire

Cleantech Group Names SENSORO a 2020 APAC 25 Company

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BEIJING, Sept. 25, 2020 — SENSORO (Beijing SENSORO Technology Co., Ltd.,), has just been included in the 2020 APAC 25 list produced by Cleantech Group, a global provider of research, consulting and events to catalyze opportunities in sustainable innovation.

The APAC 25 is a list of independent companies from the Asia Pacific region engaged in sustainable innovation that are viewed by the market as likely to have significant impact in a five-to-ten-year time frame.

Cleantech Group put together the third annual list of 25 companies through a combination of APAC-related inputs from the annual Global Cleantech 100 process and detailed contributions from an APAC 25 expert panel. The companies on the list had the strongest patterns of agreement across all the input points and were scored the highest.

"Based on the intelligent service system with core technology and service innovation, SENSORO embed city-level sensing communication chipset into various kinds of sensors, which get through channel of urban infrastructure data such as water, electricity, coal, gas, fire combined with real-time information such as camera video, meteorology, hydrology, etc., to construct digital files and information maps and provide information for personnel, vehicles, houses units, facilities, organizations and events. Seconds-level analysis is carried out to realize perception and urban computing overall which brings strong recognition, analysis and algorithm ability for urban governance and development, innovating from traditional governance to data-driven artificial intelligence era," SENSORO says.

Members of the APAC 25 expert panel play an important role in creating the list. Each provides between three and nine nominations, no more than a third of which can be portfolio companies (in the case of investors). Expert panelists can weight their nominations, and all nominations are blind (no expert sees the other panelists’ nominations). These nominations are then combined with the outcomes from the Global Cleantech 100 process, which benefits from thousands of data points. 

"The Asia Pacific region will dominate some of the new industries and supply chains that will emerge from global mega-trends such as alternative proteins, electrification and new mobility, to name but three," said Richard Youngman, CEO of Cleantech Group. "It will also be a leader in digitalization, given its weight of population and the size of its industrial base. Both dynamics are borne out in our third annual APAC 25 list of rising star innovation companies from around the region."

About SENSORO

Founded in 2014, China, SENSORO is a global intelligent service provider, mainly focusing on R&D of IoT chipset, city-level scale IoT communication network, and intelligent service systems.

At present, SENSORO intelligent solution has created benchmarking cases in Beijing and applied to more than 160 cities in China, such as Yichang, Shenzhen, Zhuhai, Ningbo and so on. It has made rich achievements in the fields of digital administrative & intelligent governance, and people’s livelihood. SENSORO AIoT mode of innovation and application are also influencing the intelligent construction and development of "One Belt and One Road" Initiative countries and cities such as Kampuchea, South Africa etc. SENSORO has established cooperative relations with more than 65 countries and regions and its international influence has been continuously improved.

Website: www.sensoro.com

PR Newswire

Color Star Technology to Add Interactive Live Streaming Feature to Its “Color World” App on October 15, 2020

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NEW YORK, Sept. 25, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", or "Color Star"), a company engaged in the businesses of providing online and offline paid knowledge services for the media, entertainment and culture industries globally, today announced that it will upgrade its Color World App with interactive live video streaming feature on October 15, 2020.

"We are excited about the upcoming upgrade which adds interactive live streaming feature (the "New Feature") to our highly popular Color World App which has gained tens and thousands of users following the official launch of its Chinese version on September 10, 2020. With the New Feature, we plan to sponsor more interactive live events, such as, virtual celebrity-fan meetings, interactive training courses, and live concerts, among others. As we are committed to providing best in class user experiences for our live events, we are also accelerating the development of Augmented Reality ("AR") features for the Color World App," said Luke Lu, Chairman and Chief Executive Officer of Color Star.

"As we are constantly bringing more musicians, actors, and artists to our platform which in return attracts more fans, followers, and paid users to our platform, the New Feature is poised to take our user engagement to another level going forward," concluded Mr. Lu.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: HHT) offers online and offline paid knowledge services for media, entertainment and culture industries globally. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC. More information about the Company can be found at www.colorstarinternational.com.  

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Specifically, the Company’s statements regarding the proposed acquisition of FENT are forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where HHT conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Tony Tian, CFA 
Email: ttian@weitianco.com  
Phone: +1-732-910-9692

 

Related Links :

https://www.colorstarinternational.com/

PR Newswire

Dun & Bradstreet Announces Expansion of Global Partnership Program to Accelerate Business Growth

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D&B Accelerate Brings Together Data & Analytics, Market Leading Capabilities and Trusted Brands to Drive Innovation

HONG KONG, Sept. 25, 2020 — Dun & Bradstreet Holdings, Inc. ("Dun & Bradstreet") (NYSE:DNB), a leading global provider of business decisioning data and analytics, has today launched D&B Accelerate, to develop new alliances globally as part of the company’s expansive program. Combining Dun & Bradstreet’s data, analytics and insight with the capabilities of other market-leading businesses, D&B Accelerate will fuel the development and faster delivery of solutions to help clients transform, compete, grow and thrive.

"Dun & Bradstreet is a trusted partner at the root of the data and analytics value chain in all geographic markets, providing a compelling commercial proposition to deliver insights that solve critical pain points," said Stephen C. Daffron, President, Dun & Bradstreet. "By combining capabilities and distribution channels with organizations who are leaders in their field, we are able to provide agile and innovative solutions to meet the diverse requirements of businesses around the world."

D&B Accelerate aims to expand existing collaborations and build new, strategic relationships that enable:

  • Access to Dun & Bradstreet’s Data Cloud, including over 360 million global business records, plus its growing firmographic and alternative data sets
  • Collaborative innovation, combining the depth and breadth of Dun & Bradstreet’s data and analytics with complementary solutions to help clients better manage risk and identify opportunities
  • Faster time to market for co-developed and co-marketed solutions, leveraging Dun & Bradstreet’s solution architects and subject matter expertise
  • Accelerated international expansion and growth across markets in any economic environment through the delivery of intelligent solutions that inform and drive decisions.

Through D&B Accelerate, Dun & Bradstreet is entering into business development partnerships with a suite of organizations across the globe, including the companies below:

Intelligence software company, Quantexa, is working with Dun & Bradstreet in Europe and North America to support globally recognized banks, combining its innovative technology platform with Dun & Bradstreet’s actionable data to help clients identify potential exposure and links to parties who are involved in laundering money from illegal activities such as human trafficking.

"We are looking forward to extending our relationship with Dun & Bradstreet as part of the D&B Accelerate program," said Vishal Marria, Chief Executive Officer at Quantexa. "Working together allows us to combine our leading contextual decision intelligence technology with Dun & Bradstreet’s commercial data to accelerate our clients’ business objectives and results."

China’s leading enterprise cloud service and software provider, Yonyou Network Technology is entering a strategic partnership with Huaxia Dun & Bradstreet to provide an enhanced risk management solution for clients by infusing its procurement platform with Dun & Bradstreet’s data and expertise to support supplier onboarding and supply chain management.

"We believe in growing business through eco-partnerships and the integration of Dun & Bradstreet’s data and analytics into our digital platforms will deliver a ‘one-stop’ solution to help our joint clients mitigate risk and accelerate business performance," said Wang Jian, Senior Vice President of YonYou Network.

BuyHive is a B2B sourcing platform enabling buyers worldwide to source products via BuyHive’s turnkey sourcing solution, freelancer network of sourcing professionals, and their B2B eCommerce platform. The Hong Kong based company has today announced its new relationship with Dun & Bradstreet to use data and analytics to validate the business information of buyers and sellers on their platform.

"This partnership comes as we ramp up our first-of-a-kind B2B sourcing eCommerce platform," said Minesh Pore, CEO, BuyHive. "Dun & Bradstreet’s Data Cloud and analytics will greatly accelerate BuyHive’s sourcing process by ensuring trust and transparency to speed decision-making and identify the best suppliers for our buyers."  

Dun & Bradstreet will introduce the program to additional regions in the coming months. More information on D&B Accelerate is available here.

About Dun & Bradstreet

Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet’s Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.

 

Related Links :

https://www.dnb.com.hk

PR Newswire

Terminus’ AI CITY: The Cornerstone of Urban Digitization and the Pulse of Cities

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BEIJING, Sept. 25, 2020 — On September 23, the world’s leading smart service provider, Terminus Group, officially announced its AI CITY strategy in Beijing, the embodiment of Terminus Group’s experience gathered over the past five years, and unveiled the TACOS -Terminus AI CITY Operating System, for the first time.

Victor AI, founder and CEO of Terminus Group, together with Jonathan Woetzel, senior partner at McKinsey & Company and the director of McKinsey Global Institute, Bjarke Ingels, founder and creative director of Bjarke Ingels Group, oversaw the concept and strategy promulgation in this one of the most important grand occasions in AI CITY industry, and gave speeches on urban digitization and Terminus Group’s AI CITY solutions.

Cities are becoming bigger and denser in an era of unprecedented urbanization. At the same time, large-scale mobile digital layers exist atop these dense environments. Combining these two trends to better understand the city will lead to a great age of Urban Digitization, which can be used to help residents, businesses, and governments gain insights into how cities work. 

In response to the aforementioned trends and requirements, Terminus Group’s strategy has combined the hardware and software to further promote the OTA (Over the Air) city autonomous upgrade model reshaping the form of the city. As the core idea of Terminus Group’s AI CITY strategy, the city OTA describes an underlying system for urban interaction that can be constantly upgraded and modified remotely.

In the AI CITY, various solutions including smart communities, smart fire protection, smart security, smart finance and smart cultural tourism are all packed into digital layers that are ready to be deployed in upgrading the target industries, and they are all integrated into the city smart operating system TACOS. Being the essential parts of the city’s neural network, they could contribute to making the city brain even smarter. TACOS, the city hub, will be a collection and a distribution center for diverse information and instructions coming from the IoT devices spread around the city, and will help the city operators obtain instant information and make more responsive and optimal decisions.

Nowadays, the traditional notions of what a city can be and how it can best serve its citizens has been challenged by new game developers, planners, and designers

According to Victor AI, "Just like the invention of smartphone in the mobile network era and the vehicle networking inspiring the smart cars revolution, in the 5G+AIoT era, as the aggregation carriers of various vertical scenarios, and the most important supportive arm for the industrial economy, cities will also upgrade in the transformation from traditional mode to AI driven form. Definitely, Terminus Group is born for the new city form".

At this global press conference, Victor AI also introduced the CLOUD VALLEY, the world’s first AI CITY initiated by Terminus Group in Chongqing in April this year, which is also Terminus Group’s first achievement under the partnership with BIG and has directed path for the world’s AI CITY development.

With regards to Terminus Group’s AI CITY solutions, Jonathan Woetzel commented: "Terminus Group is the direction for the future development of China’s AI CITY industry. And going to step further, not just in China, the intelligentization of the city will fundamentally subvert the current model of urban infrastructure, and we firmly believe Terminus Group can accomplish this remarkable feat."

In Bjarke Ingels’ view, the cooperation with Terminus Group is a new journey for BIG to explore more possibilities of the future AI CITY, "We are excited to build an in-depth partnership with Terminus Group, as our two sides have the shared vision of creating spirited sustainable cities around the world."

At this press conference, Terminus Group also launched its "T-Plan", which is the company’s newest initiative aimed at recruiting the top talents specializing in AI,5G,IoT and cloud platform worldwide to back its global AI CITY ambitions.