Yearly Archives: 2020

PR Newswire

The Third UNESCO Creative Cities Beijing Summit Highlights Creativity and Innovation

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BEIJING, Sept. 19, 2020 — The Third UNESCO Creative Cities Beijing Summit is held in Beijing from September 17-18, 2020. With the theme of "Creativity empowers cities, technology creates the future", the summit is co-hosted by the United Nations Educational, Scientific and Cultural Organization (UNESCO), Ministry of Education of the People’s Republic of China, People’s Government of Beijing Municipality, National Commission of the People’s Republic of China for UNESCO.

"Beijing, as the City of Design of UNESCO Creative Cities Network (UCCN), has set a good example of integrating the thousands of years of history and cutting-edge technology," the Director-General of UNESCO, Audrey Azoulay, remarked in her opening speech.

"The city serves as a special space for unity, cooperation, and innovation. The development of the city will determine the vision of our future society," added Audrey Azoulay.

During the summit, the e-publication of "UNESCO Creative Cities’ Response to the COVID-19" was globally launched. It collates best practices from member cities of UCCN around the world, leveraging the power of culture and creativity in response to COVID-19. The publication is now available in Chinese, English, French, and the Spanish version to be launched soon.

This summit includes a main forum and three panels. Entitled "Creativity and Innovation: A path to the cities of tomorrow," the main forum highlights on the digital economy and the importance of creativity and innovation as the driving force to build a more sustainable and resilient city in the future. Furthermore, the three panels emphasize three different topics on Creative Cities, Science, Technology and Creativity, as well as Inter-city Collaboration.

For more information on the summit, please visit here.

About UNESCO Creative Cities Network (UCCN)

The UCCN was created in 2004 to promote cooperation with and among cities that have identified creativity as a strategic factor for sustainable urban development. The 246 cities which currently make up this network work together towards a common objective: placing creativity and cultural industries at the heart of their development plans at the local level and cooperating actively at the international level.

PR Newswire

ViewSonic Launches New, All-in-One Direct View LED Displays with Sizes of Up to 216″

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Elegant design, user-friendly, and seamless viewing experience

BREA, Calif., Sept. 18, 2020 —  ViewSonic Corp., a leading global provider of visual solutions, is introducing its latest All-in-One Direct View LED Displays, a brand-new addition to the large-size presentation display sector. Different from traditional LED displays, these new displays integrate display, image stitching, power supply, and control systems into one device that offers easy installation, operation, and maintenance. The elegant design of the All-in-One Direct View LED Display elevates the seamless viewing experience and easily merges with the surrounding environment in spaces such as lobbies, auditoriums, boardrooms, and conference rooms.

ViewSonic’s All-in-One Direct View LED Display delivers a fantastic visual experience, and harmoniously blends in with its surroundings due to its elegant design. Because of its all-in-one design, it features easy installation, operation, and maintenance with a low total cost of ownership in the long run.
ViewSonic’s All-in-One Direct View LED Display delivers a fantastic visual experience, and harmoniously blends in with its surroundings due to its elegant design. Because of its all-in-one design, it features easy installation, operation, and maintenance with a low total cost of ownership in the long run.

"As a leading visual solution provider, we are pioneering new trends in the LED projector and presentation display markets and moving the development of LED technology forward by achieving this new milestone in LED displays," said Dean Tsai, the Head of the Projector & LED Display Business Unit of ViewSonic. "We created a whole new product category, and market sector with All-in-One Direct View LED Displays, which come in sizes of up to 216". The complete product line-up delivers large-sized presentation displays for a wide array of usage scenarios and proves that we remain at the cutting edge of innovative applications in the display world."

Traditional large-size display solutions still have many limitations. LCD video walls have many LCD panels that are difficult to install, calibrate, and maintain. The panels are heavy with thick bezels, which can result in problematic image grids. Also, the size of a single LCD panel has a limitation of 98". Although traditional LED displays constitute a significant improvement over LCD solutions and do not come with image grid issues, they still use separated systems for display, power supply, image stitching, and control, making them too large and difficult to maintain and operate.

The brand-new ViewSonic All-in-One Direct View LED Display resolves all the pain points of traditional large-sized displays by providing innovative LED technology and integrating different systems into one device. Moreover, it supports wireless presentation and can operate as a large interactive display through being coupled with ViewSonic’s ViewBoard or touch monitor.

Overall, ViewSonic’s All-in-One Direct View LED Display delivers a fantastic visual experience, and harmoniously blends in with its surroundings due to its elegant design. Because of its all-in-one design, it features easy installation, operation, and maintenance with a low total cost of ownership in the long run.

Fantastic Visuals 

For the magnificent viewing experience, the All-in-One Direct View LED display is available in four different sizes — 108", 135", 163", and 216". It has a stunning and vivid 120% Rec.709 wide color gamut and up to 600 nits of brightness with eight levels of adjustment. Therefore, users can fine tune the brightness based on the environment.

Elegant Design

Achieving a natural and perfect merger with the surrounding environment, the ultra-thin and lightweight display features a thickness of only 35 mm. It’s as thin as a mural on a wall and blends in harmoniously with almost any interior design style. The super-slim bezel of only 10 mm provides an even more immersive viewing experience.

User-Friendly

For easy installation, operation, and maintenance, multiple pre-assembled and pre-calibrated panels eliminate the need for a complicated setup process. The pioneering modular design with wall mount or optional aluminum alloy floor stand allows for easy installation that is time and labor efficient: the installation can be completed by two people in just two hours. One power button provides easy operation, and there is a wide selection of instantly accessible I/O ports. The system supports swappable modules, control systems, and 100% full front-maintenance using an electric vacuum suction tool.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, digital signage, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers "See the Difference." To find out more about ViewSonic, please visit www.viewsonic.com.

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PR Newswire

Co-anchor of NBC News’ TODAY, co-host of TODAY with Hoda & Jenna and Inspirational Author Hoda Kotb Joins bbcon 2020 Virtual Lineup

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Tech conference for a better world also adds performance by Grammy-nominated Natasha Bedingfield

CHARLESTON, South Carolina, Sept. 18, 2020 — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced TODAY co-anchor, award-winning journalist and bestselling author Hoda Kotb will join the mainstage lineup for bbcon 2020 Virtual, the tech conference for a better world. Due to the impacts of COVID-19, this year’s conference takes place as a global virtual gathering Oct. 6-8 and is free for all attendees.

Hoda Kotb. Photo credit Patrick Randak.
Hoda Kotb. Photo credit Patrick Randak.

"Hoda Kotb brings a brilliant curiosity to her role with TODAY and has faithfully guided viewers through the past six months of the pandemic," said Catherine LaCour, Blackbaud’s chief marketing officer. "On and off camera, she highlights important causes and stories of people persevering through great challenges with resilience and creativity, as she’s done herself. We cannot wait to hear from Hoda at bbcon 2020 Virtual."

A four-time Emmy winner, Kotb joined Savannah Guthrie as co-anchor of TODAY in 2018. A historical move and a first for the morning show landscape, she also co-hosts the fourth hour of TODAY with Hoda & Jenna. Kotb has been a Dateline NBC correspondent since 1998 and has earned multiple journalism accolades, including several Gracie Awards from the Alliance for Women in Media as well as the 2006 Peabody Award and the 2002 Edward R. Murrow Award.

Kotb is also a New York Times bestselling author of books for all ages including I Really Needed This Today (an instant New York Times– Bestseller), Hoda and Ten Years Later, as well as for her two children’s books, I’ve Loved You Since Forever and You Are My Happy. Her newest release, This Just Speaks To Me, an all-new collection of beloved quotes, will be available on Tuesday, October 13.

She resides in New York City with her fiancé, Joel, and their daughters, Haley and Hope.

Special Musical Performance Added

Blackbaud also announced today that international musician Natasha Bedingfield will perform during the tech conference. Previously recognized by VH1 as one of the 100 Greatest Women in Music, the British singer and songwriter has sold millions of albums worldwide and was recognized with a Grammy Award nomination for "Best Female Pop Vocal Performance" for Unwritten. Not only a successful musician, Bedingfield also has strong ties to the social good community. She is an ambassador for Global Angels, a nonprofit established by her mother to empower disadvantaged communities around the world, as well as a supporter of Stop the Traffik, The Black-Eyed Peas Foundation, Elton John AIDS Foundation and many more causes.

With its transformation to an online format, bbcon 2020 Virtual has already registered over 23,000 participants. The roster of previously announced mainstage speakers includes actress and humanitarian Amy Poehler, professor and activist Dr. Cornel West, author and researcher Marc Brackett, Ph.D., five-time Olympic veteran Dara Torres and author and founder/CEO of FRDM Justin Dillon.

For information about bbcon 2020 Virtual and to register for the tech conference for a better world happening Oct. 6-8, visit bbconference.com. 

About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit  www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.

Media Inquiries
media@blackbaud.com

Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.

Natasha Bedingfield
Natasha Bedingfield

 

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PR Newswire

Red Box Launches Next-Gen Voice Capture Platform, Providing a Gateway to Realtime Enterprise Voice Freedom

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LONDON and NEW YORK, Sept. 18, 2020 — Dedicated voice specialist, Red Box, today announces the launch of Conversa, the world’s first truly open microservices-based and cloud-agnostic enterprise voice platform, which gives organizations the power to listen, the freedom to share and the insight to act upon enterprise wide audio and media data.

With a unique and revolutionary event driven, stateless architecture with almost unlimited capability for global scale, Conversa captures high-quality audio and rich media from every conversation taking place across the enterprise, whilst ensuring multiple levels of resiliency. Conversa is built from the ground up to be platform agnostic for on-premise, cloud or hybrid delivery, with a market-leading total cost of ownership (TCO).

Free and open REST APIs ensure real-time access to and control of these extremely rich but sensitive data sets, as well as supporting the delivery of ‘AI-Ready’ audio, video, rich metadata and transcripts to virtually any application. This provides organizations with access to an extensive ecosystem of best-of-breed AI, Analytics, CRM, BI and compliance tools to drive transformative business outcomes across customer and employee experience, sales performance and automation.

"With organizations under increased pressure to support distributed workforces, as well as driving differentiation through digital transformation, it’s even more critical than ever for them to retain sovereignty of one of their richest and most powerful data sets: the voice of their customer and employees," comments Richard Stevenson, CEO of Red Box. "Conversa empowers organizations to tap into the rich insights within enterprise wide audio and media whilst also benefiting from market-leading infrastructure."

The platform will be launched initially on Limited Release and will be available alongside the current Red Box platform which continues to be developed and supported.

About Red Box

Red Box is the leading dedicated voice specialist with over 30 years’ experience in empowering organisations to capture, secure and unlock the value of enterprise wide voice. Conversa by Red Box is the next generation and first truly open microservices-based, enterprise voice platform. It offers a revolutionary event driven and globally extensible architecture, market leading infrastructure TCO and infinite horizontal scalability.

Providing mission critical, resilient capture of rich, high quality voice data and media from every conversation, anywhere, on any platform and in realtime, Conversa provides customers with end-to-end data sovereignty and open access to the world’s most extensive ecosystem of leading AI voice technologies.

Red Box is trusted by leading organisations across financial services, contact centre, government and public safety sectors (including six of the world’s top banks, 85% of global interdealer brokers, 1,700 call centres and over 80% of UK police forces) and we capture and secure millions of calls daily for over 3,500 customers around the world.

For more information visit www.redboxvoice.com

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PR Newswire

Keeping Data Safe from Prying Eyes: HP Monitor Receives First TUV Rheinland Dynamic Privacy Filter Certification

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TAIPEI, Sept. 18, 2020 — Due to the increasing importance of privacy protection to people today, TUV Rheinland has followed up on the success of its exclusive Eye Comfort certification by bringing the first Dynamic Privacy Filter (DPF) certification to the market this year. An HP monitor recently became the first product in the world to pass TUV Rheinland’s DPF certification process. The certification indicates that the product’s effective electronic privacy function protects the screen against prying eyes without sacrificing readability. The integrated electronic DPF function can be enabled at will, making the purchase and installation of privacy film products unnecessary.

HP Monitor Receives First TÜV Rheinland Dynamic Privacy Filter Certification
HP Monitor Receives First TÜV Rheinland Dynamic Privacy Filter Certification

 

With the threat of visual hacking on business secrets, personal banking, and confidential data both in the office and at home, TUV Rheinland began developing certifications for privacy protection in 2017. While a number of well-known international brands, including 3M, have obtained certification for their privacy film products, TUV Rheinland’s newly developed DPF protection expands on this need in four main aspects: dynamic privacy, visual characteristics, reliability of privacy function, and user guide. "Dynamic" means that consumers can actively turn the privacy mode on or off. For business people and office workers concerned with privacy, or banks, government agencies, airports, and public spaces dealing with sensitive information, the user can turn on their privacy protection with the touch of a button to keep visual hackers at bay.

When the privacy function is turned on in DPF-certified products, brightness and contrast are reduced to reduce readability outside of the protected viewing angle. This helps to protect the privacy of screen contents. Certified products also provide the user with good visual characteristics, such as viewing angle, uniform brightness, and color consistency. Performance is not affected by the inclusion of the privacy function.

The HP E243p Sure View Monitor helps protect onscreen data with its integrated privacy that can be turned on and off instantly. Designed to shield sensitive content from prying eyes while keeping content clear for the primary user, the HP E243p Monitor is built with HP Sure View Gen3 technology. For instances when the user wants to collaborate or share their screen in-person, the integrated privacy screen can be turned off and back on at the touch of a button. The 23.8" diagonal Full-HD display additionally includes four-way ergonomics adjustments with HDMI, DisplayPort™, and VGA connections.

"People today now have higher expectations of privacy protection. DPF functionality will therefore become increasingly widespread," says Stanley Liu, head of the Ergonomics Technology Center, TUV Rheinland. "The DPF function of portable devices must take a number of different usage scenarios into account. If the user is on a plane, the close proximity of other people means more thought must be put into the design of the viewing angle to ensure privacy protection. Future improvements to the technology’s visual performance should offer strong market potential."

TUV Rheinland has been monitoring the impact of electronic display products on eye health, and is continuing to develop screen safety technologies. In addition to being the current leader in the number of monitor certifications issued, TUV Rheinland also operates the highest number of TCO-approved ergonomic labs in the world, and has US EPA-accredited labs as well.

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PR Newswire

NetEase Announces ADS Ratio Change

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HANGZHOU, China, Sept. 18, 2020 — NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase” or the “Company”), one of China’s leading internet and online game services providers, today announced that it will change the ratio of its American depositary shares (“ADSs”), representing ordinary shares, from the current one (1) ADS for every twenty-five (25) ordinary shares to one (1) ADS for every five (5) ordinary shares.

From the perspective of an ADS holder, the ADS ratio change has the same effect as a five-for-one ADS split, and NetEase ADS holders at the close of business, New York time, on September 30, 2020 will be entitled to receive four additional ADSs for every ADS held, effective October 1, 2020 at the close of business. There will be no change to NetEase’s ordinary shares, and no action by ADS holders is required to effect the ratio change. In addition, existing ADSs will continue to be valid and will not have to be exchanged for new ADSs. 

The effect of the ratio change on the ADS trading price on the NASDAQ Global Select Market is expected to take place on October 2, 2020.

The register held by the Bank of New York Mellon, the depositary, will close for issuances and cancellations of ADSs on the close of business, New York time, on September 29, 2020 and is expected to reopen on October 6, 2020.

About NetEase, Inc.

As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase”) is dedicated to providing premium online services centered around innovative and diverse content, community, communication and commerce. NetEase develops and operates some of China’s most popular mobile and PC games. In more recent years, NetEase has expanded into international markets including Japan and North America. In addition to its self-developed game content, NetEase partners with other leading game developers, such as Blizzard Entertainment and Mojang AB (a Microsoft subsidiary), to operate globally renowned games in China. NetEase’s other innovative service offerings include the intelligent learning services of its majority-controlled subsidiary, Youdao (NYSE: DAO); music streaming through its leading NetEase Cloud Music business; and its private label e-commerce platform, Yanxuan. For more information, please visit: http://ir.netease.com/.

Forward Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbour” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “aim,” “anticipates,” “future,” “intends,” “plans,” “believes,” “may,” “estimates,” “potential,” “continue,” “ongoing,” “goal,” “targets,” “guidance,” “commits” and similar statements. Among other things, statements that are not historical facts, including statements about future growth, the Company’s current and future position in the markets in which it operates, business plans and projections, the completion of transactions and the strategic goals of transactions, are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information contained in this announcement is as of the date of this announcement and are based on assumptions believed to be reasonable as of this date. 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.

Investor Enquiries:
Margaret Shi
NetEase, Inc.
ir@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global

Brandi Piacente
The Piacente Group
netease@thepiacentegroup.com  

Media Enquiries:
Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
Tel: (+86) 571-8985-2668
Twitter: https://twitter.com/NetEase_Global

Alby Wan
Hill+Knowlton Strategies Asia
Alby.Wan@hkstrategies.com

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PR Newswire

Informa Markets in Japan Proves Exhibitions are Returning and Relevant

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TOKYO, Sept. 18, 2020 — This week Informa Markets successfully held four exhibitions in Japan, including Call Center/CRM Demo & Conference Osaka, eCommerce Fair Osaka, Diet & Beauty Fair (Tokyo) and PROJECT Tokyo. These events altogether hosted over 500 exhibiting companies and over 20,000 attendees.

Eager delegates practice social distancing while queuing for seminars at eCommerce Osaka 2020
Eager delegates practice social distancing while queuing for seminars at eCommerce Osaka 2020

 

Learning continues during Diet & Beauty Fair 2020 at Tokyo Big Sight Exhibition Center
Learning continues during Diet & Beauty Fair 2020 at Tokyo Big Sight Exhibition Center

 

PROJECT Tokyo 17-18 September 2020, a branded fashion event, signs new business
PROJECT Tokyo 17-18 September 2020, a branded fashion event, signs new business

 

Thermal Checking Units setup at entrances provide secure event experience at Call Center Osaka 2020
Thermal Checking Units setup at entrances provide secure event experience at Call Center Osaka 2020

These exhibitions were among the first to be held in Japan since the suspension of events caused by the COVID-19 outbreak. The events were held in line with health & safety guidelines issued by the Japan Exhibition Association and all relevant national and local government ordinances including temperature checks at the entrances to the halls, hand sanitization, compulsory wearing of masks, and frequent sterilization of frequently used surfaces.

Call Center/CRM Demo & Conference Osaka, focusing on customer relations solutions and technology for customer contact centers, and eCommerce Fair Osaka, focusing on applications and services for online businesses, were held on 15-16 September at the MyDome exhibition halls in Osaka. Additional space was rented in order to allow sufficient social distancing on the exhibit floor and in the numerous seminar rooms.

Diet & Beauty Fair, which along with the co-located Anti-Aging Japan and Spa & Wellness Japan forms a comprehensive trade event for the beauty and health industry, were held on 15-17 September at Tokyo Big Sight Exhibition Center. Physical beauty treatment demonstrations and food & beverage samplings were conducted in accordance with beauty salon industry guidelines. PROJECT Tokyo, a branded fashion event, was held on 17-18 September at Hikarie Hall in the heart of Tokyo’s Shibuya fashion district, showcasing apparel and accessories for the 2021 Spring-Summer season.

Christopher Eve, Managing Director of Informa Markets Japan, comments: "I am delighted that all of our exhibitions could be held as scheduled this month. We had a lot of support and encouragement from the exhibiting companies, all of whom were eager to get ‘back to business’ and see face-to-face exhibitions as the most effective way to meet with existing and new business partners. Naturally, we put a lot of effort into ensuring that the exhibitions were held in as safe and secure an environment as possible, working in close coordination with the venues, local authorities and all participants."

Informa Markets is scheduled to hold two more exhibitions in Japan this year; Call Center/CRM Demo & Conference Tokyo on 12-13 November (https://www.callcenter-japan.com/tokyo/en/) and Health Ingredients Japan on 16-18 November (https://www.hijapan.info/en/).

About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services and actionable data solutions. We connect buyers and sellers across more than a dozen global verticals, including Pharmaceuticals, Food, Medical Technology and Infrastructure. As the world’s leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

For any media queries please contact:  

Christopher Eve — Christopher.Eve@informa.com

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PR Newswire

OKEx Is First Exchange to Offer a Full Suite of Trading Products for Uniswap’s UNI

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VALLETTA, Malta, Sept. 18, 2020 — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, has announced the listing of UNI, the governance token of popular DeFi protocol Uniswap. Not only has OKEx added support for spot trading of UNI, but it is also providing its users with the most comprehensive range of trading products for this hot DeFi token, including margin, swap trading, coin-margined perpetual swap and Savings, making OKEx the first exchange to offer UNI derivatives. 

Deposits of UNI went live at 2:00 am UTC on Sept. 17, and withdrawals were available beginning at 8:30 am UTC on Sept. 17. UNI spot trading against USDT began at 2:30 am UTC on Sept. 17, while trading pairs against ETH and BTC were made available at 3:30 am UTC on Sept. 17. 

The coin-margined perpetual swap for UNI was listed at 11:00 am UTC on Sept. 17, 2020. In order to avoid unreasonable charges when the new contract launches and the premium is unstable, the upper limit of the funding rate before 8:00 am UTC on Sept. 18 has been reduced to 0.03%.

To celebrate the listing of UNI, and being the first exchange in the world to offer UNI derivatives, OKEx will offer zero transaction fees in UNIUSD perpetual trading, for both the taker and maker. 

"We are very pleased to be one of the earliest exchanges to list UNI, and the first to provide a complete set of trading tools including margin, swaps and savings for it. As one of the largest decentralized exchanges today, Uniswap has made outstanding contributions to the current development of DeFi, which we very much appreciate," commented OKEx CEO Jay Hao, adding: 

"We continue to collaborate with participants in the DeFi space to grow this industry together. CEX or DEX, CeFi or DeFi is not a simple single-choice question. The goal of blockchain and DeFi has never been to replace CeFi, but to use its own characteristics of trustlessness, low friction and low costs to make up for the deficiencies of the existing financial system."

As a decentralized exchange in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client, to a certain extent, Uniswap has marked the starting point of a recent DeFi trend. Uniswap is a 100% on-chain market maker allowing the swapping of ERC-20 tokens, as well as ETH to ERC-20 and vice-versa. Today, Uniswap is not just a DEX, but a platform where emerging DeFi projects can often earn their initial reputation.

Yet, DeFi is not without its limitations, and the advantages of top CEXs in terms of efficiency and operational capabilities also attract a large number of DeFi tokens. In addition, the customer service system established by investing a lot of manpower and material resources have made great contributions to industry popularity, user education and onboarding.

In a nutshell, CeFi and DeFi complement each other. The best way to push the blockchain and crypto industry forward is to combine these two powers and play to both their respective advantages.

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

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PR Newswire

E-Business Expo China opens in Hangzhou

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The 7th International E-Business Expo, the Zhejiang International Digital Trade Fair and the 11th Zhejiang Business Service Fair held concurrently

HANGZHOU, China, Sept. 18, 2020 — On September 18, 2020, the 7th International E-Business Expo, the Zhejiang International Digital Trade Fair and the 11th Zhejiang Business Service Fair opened at the Hangzhou International Expo Center. Co-organized by the Hangzhou Municipal People’s Government and the Department of Commerce of Zhejiang Province, the "New Era of E-Business"-themed expo is taking the lead in the global digitalization of trade in response to the new economic landscape.

Relying on the fundamental principles of observing trends, looking for services and selecting products, the expo has adopted the "1+8+N" framework, with the "1" referring to an exhibition with a focus on these three basic principles, which has been a factor in deciding the configuration of the seven exhibition areas: new trade, new consumption, digital services, regional e-businesses, rural e-businesses, imported goods and domestic goods. "8" refers to eight forums, divided into one main forum and seven sub-forums. The "N" stands for a number of precisely-targeted, high-end events including small-scale matchmaking conferences, salons and closed-door roundtables.

Hu Wei of the Hangzhou Municipal People’s Government said that the expo is focused on the current hot topics including discussions on the in-depth integration of digital trade and new e-businesses. With the aim of creating a leading global e-business expo, the event tapped into Hangzhou’s advantageous industrial resources and fully demonstrated new breakthroughs in terms of novel concepts for e-business and the digital economy.

Department of Commerce of Zhejiang Province director-general Sheng Qiuping said, with the deep application of modern information technologies worldwide and the rapid growth of the digital economy, internet-based digital trade is thriving as well as accelerating the optimization and integration of innovation, industry and value chains worldwide. It is becoming an important way in which trade is conducted in the digital era. Zhejiang province has been at the forefront of the acceleration of the development of new e-business formats while strengthening its position as a center for innovation and entrepreneurship for digital service trade by creating a number of global leaders in the sector. The province is taking a multi-faceted approach to changing its development model, optimizing its economic structure as well as accelerating the full digitalization of both its trade and industrial sectors.

PR Newswire

58.com Announces Completion of Merger

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BEIJING, Sept. 18, 2020 — 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China’s largest online market place for classifieds, today announced the completion of the merger (the "Merger") with Quantum Bloom Company Ltd ("Merger Sub"), a wholly-owned subsidiary of Quantum Bloom Group Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of June 15, 2020 (the "Merger Agreement"), among 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.

In accordance with the terms of the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting held on September 7, 2020, each Class A ordinary share, par value US$0.00001 per share, of the Company (each a "Class A Share") and each Class B ordinary share, par value US$0.00001 per share, of the Company (each a "Class B Share," and together with each Class A Share, collectively the "Shares") issued, outstanding and not represented by American depositary shares of the Company (each, an "ADS," representing two Class A Shares) immediately prior to the effective time of the Merger (the "Effective Time"), other than the Excluded Shares and the Dissenting Shares (each as defined in the Merger Agreement), has been cancelled and ceased to exist, in exchange for the right to receive US$28.00 in cash without interest, and each outstanding ADS, other than ADSs representing Excluded Shares, together with each Share represented by such ADSs, have been cancelled in exchange for the right to receive US$56.00 in cash without interest (the "Merger Consideration").

Registered shareholders immediately prior to the Effective Time who are entitled to the Merger Consideration will receive a letter of transmittal and instructions on how to surrender their Shares in exchange for the Merger Consideration and should wait to receive the letter of transmittal before surrendering their Shares. Payment of the Merger Consideration (less an ADS cancellation fee of US$0.05 per ADS), without interest and net of any applicable withholding taxes, will be made to holders of ADSs 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 also announced today that it requested that trading of its ADSs on the New York Stock Exchange (the "NYSE") be suspended as of September 18, 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 deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC. 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, Houlihan Lokey (China) Limited is serving as financial advisor to the special committee of the board of directors of the Company (the "Special Committee"); Fenwick & West LLP is serving as U.S. legal counsel to the Special Committee; Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the Company; Han Kun Law Offices is serving as PRC legal counsel to the Company; and Conyers Dill & Pearman is serving as Cayman Islands legal counsel to the Company.

Wilson Sonsini Goodrich & Rosati, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Kirkland & Ellis LLP and Weil, Gotshal & Manges LLP are serving as international co-counsels to the investor consortium (the "Consortium"). Fangda Partners is serving as PRC legal counsel to the Consortium. Maples and Calder (Hong Kong) LLP is serving as Cayman Islands legal counsel to the Consortium.

About 58.com Inc.

58.com Inc. (NYSE: WUBA) operates China’s largest online market place for classifieds, as measured by monthly unique visitors on both its www.58.com website and mobile applications. The Company’s online marketplace enables local business users and consumer users to connect, share information and conduct business. 58.com’s broad, in-depth and high quality local information, combined with its easy-to-use website and mobile applications, has made it a trusted marketplace for consumers. 58.com’s strong brand recognition, large and growing user base, merchant network and massive database of local information create a powerful network effect. For more information on 58.com, please visit http://www.58.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Any statements that are not historical facts, including statements about 58.com’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. All information provided in this press release is current as of the date of the press release, and 58.com does not undertake any obligation to update such information, except as required under applicable law.

For more information, please contact:

58.com Inc.
ir@58.com

Christensen

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

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

Related Links :

http://www.58.com