Monthly Archives: February 2021

PR Newswire

Supermicro Statement on Bloomberg’s Claims

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Supermicro reaffirms security of Supermicro products, refutes Bloomberg article

SAN JOSE, Calif., Feb. 13, 2021 — Super Micro Computer, Inc. (SMCI), a global leader in enterprise computing, storage, networking solutions and green computing technology, strongly refutes the accuracy of information in a recent Bloomberg article.

Bloomberg’s story is a mishmash of disparate and inaccurate allegations that date back many years. It draws farfetched conclusions that once again don’t withstand scrutiny. In fact, the National Security Agency told Bloomberg again last month that it stands by its 2018 comments and the agency said of Bloomberg’s new claims that it "cannot confirm that this incident—or the subsequent response actions described—ever occurred." Despite Bloomberg’s allegations about supposed cyber or national security investigations that date back more than 10 years, Supermicro has never been contacted by the U.S. government, or by any of our partners or customers, about these alleged investigations.

Bloomberg has produced no conclusions from these alleged investigations. Nor could Bloomberg confirm to us if any alleged investigation was even ongoing. To the contrary, several of the U.S. government agencies Bloomberg claims had initiated investigations continue to use our products and have done so for years.

Because we recognize that security threats are constantly evolving, we are vigilant and address issues as soon as we become aware of them. For example, many years ago, an Intel employee raised a question that we were not able to verify, but out of an abundance of caution, we promptly took steps to address.  We have always valued our close partnership with Intel, which has always been strong. Furthermore, the update site referenced in the Bloomberg article have been long retired in favor of newer, secure (HTTPS) technology. Finally, the cyber incidents we disclosed in 2019 were investigated, remediated, and determined not to affect our business, our products, or our operations.

Unfortunately, Bloomberg continues to attempt to revive its false and widely discredited 2018 story. In response to those allegations, we have never found any malicious chips, even after engaging a third-party security firm to conduct an independent investigation on our products.  

In addition, we have never been informed by any customer or government agency that such chips have ever been found. In 2018, several public and private sector officials rebutted the story on the record. Then-Secretary of the Department of Homeland Security Kirstjen Nielsen said we "do not have any evidence that supports the article," then-Director of National Intelligence Dan Coats stated "we’ve seen no evidence" of manipulation of Supermicro products, Federal Bureau of Investigation Director Christopher Wray warned officials to "be careful what you read" about the 2018 Bloomberg claims, and Apple CEO Tim Cook said "it is 100 percent a lie, there is no truth to it" and urged Bloomberg to "do the right thing" and "retract their story." The NSA said at the time it was "befuddled" by Bloomberg’s report and was unable to corroborate it.

Supermicro is an American success story, founded and headquartered in San Jose, Calif., in 1993. The quality, security, and integrity of our products is our top priority, and we constantly implement new and improved security features and processes in our business, we investigate security issues that are brought to our attention and we work to remediate any issues.

About Super Micro Computer, Inc.

Supermicro (Nasdaq: SMCI), the leading innovator in high-performance, high-efficiency server and storage technology is a premier provider of advanced server Building Block Solutions® for Enterprise Data Center, Cloud Computing, Artificial Intelligence, and Edge Computing Systems worldwide. Supermicro is committed to protecting the environment through its "We Keep IT Green®" initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners. Supermicro, Building Block Solutions and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners.

Media Contact:
Greg Kaufman
Super Micro Computer, Inc.
PR@supermicro.com

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PR Newswire

MatchCraft Leverages Yelp to Offer Expanded Customer Engagement Opportunities for Local Businesses

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Creator of leading digital ad platform, AdVantage™, releases new feature for creating and managing Yelp Ads

SANTA MONICA, Calif., Feb. 13, 2021 — MatchCraft, the leading platform for selling and managing digital marketing campaigns at scale, recently introduced its latest integration: Yelp Ads. By partnering with Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, we’re able to bring this new offering to clients to serve as an additional traffic source for local business advertisers to reach customers.

www.matchcraft.com
www.matchcraft.com

The integration of Yelp Ads into the AdVantageTM platform enables reseller and agency partners to offer their advertisers expanded access to new inventory and an extensive audience with high purchase intent. A single point of entry for provisioning and managing Yelp campaigns alongside paid search, social and display campaigns offers efficiency of scale. Merchant advertisers gain access to customers when they are looking to connect with a business and benefit from the added ability to view cross-channel performance reporting.

As MatchCraft customers they benefit from the added ability to view cross-channel performance reporting.

"As advertising resellers strive for efficiencies in their media buying workflows, we’re thrilled that Yelp has been integrated into the MatchCraft AdVantage™ platform," said Chad Richard, senior vice president, business and corporate development at Yelp. "This integration will enable MatchCraft advertisers to reach Yelp’s high-intent audience which trusts our content to inform their purchasing decisions. Through this integration, buyers can leverage AdVantage™ to seamlessly include Yelp into their broader strategic digital media buys." 

"We are excited to add another inventory channel in the lineup of Social, Search and Display options for our partners and their local merchant advertisers," said Sandy Lohr, CEO, MatchCraft. "The addition of Yelp inventory into our suite of solutions opens up previously untapped access to potential customers. The addition not only opens new inventory sources, it provides a scalable solution for driving maximum return on ad spend."

MatchCraft welcomes the opportunity to discuss the addition of Yelp Ads to our suite of locally focused advertising tools. Schedule a demo with us or get directly in touch with our SVP of Business Development, Brad Petersen, at +1 888 502-7238. We look forward to learning more about your digital marketing needs and how we may be a match for you to scale your business with the efficiencies and performance of our AdVantageTM platform.

About MatchCraft
MatchCraft provides a best-in-class marketing platform that enables companies to successfully sell and manage search, display, and social campaigns for their advertisers. Unlike other marketing technology platforms, MatchCraft’s platform AdVantageTM helps organizations efficiently manage campaigns of all sizes, enabling clients to deliver spectacular results to their advertisers. MatchCraft’s sophisticated real-time bidding algorithms, and team of digital marketing enthusiasts, work relentlessly to deliver exceptional ROI for merchants around the world. MatchCraft has headquarters in the heart of "Silicon Beach," in Santa Monica, Calif., with additional offices in The Netherlands, India, and Brazil. For digital marketing news, advice and to stay in the loop on product rollouts, follow MatchCraft on Facebook, MatchCraft on Twitter, MatchCraft on LinkedIn or visit www.MatchCraft.com 

 

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PR Newswire

Bambuser Expands Live Video Shopping Production Capabilities for with Launch of Dual Hosting & External Camera Compatibility

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Latest platform developments bring retailers greater flexibility and control over creation and delivery of interactive e-commerce experiences

STOCKHOLM, Feb. 13, 2021 — Bambuser today announced the launch of new dual host broadcasting capabilities and compatibility with external cameras and software, two in-demand features that give brands and retailers greater flexibility and control over their Live Video Shopping productions. The product updates closely follow several other major platform enhancements released to help customers increase awareness of and drive traffic to their interactive e-commerce initiatives. 

Dual Hosting for Split Screen Broadcasting
Bambuser’s Dual Hosting solves production challenges posed by stay-at-home recommendations and social distancing requirements, enabling Live Video Shopping events to have hosts and guests in different locations. As part of the Broadcaster app for iOS, Dual Hosting enables brands and retailers to easily produce shows featuring different hosts, guests and other influencers, each from a different location. The platform currently supports two simultaneous connections without lag, quality degradation or interruption to the platform’s e-commerce functionality. 

During extensive beta testing, Bambuser observed lifts in viewer engagement metrics such as the quantity of activities in the live chat during shows that leveraged dual hosting. The company attributes this improved performance to the more immersive and conversational nature of the split screen, dual host experience. 

Bambuser’s dual host broadcasting is currently in final testing and will be rolling out broadly within the next couple of months. To see how the dual host streaming works, check out this video: http://bmb.sr/dual. 

External Camera Compatibility
Expanding on the platform’s extensive mobile capabilities, Bambuser now supports the use of external hardware and software in show production. By leveraging Real-Time Messaging Protocol (RTMP), Bambuser now provides brands and retailers with more opportunities to create shows using the cameras and other tools of their choosing. With this added flexibility, they have more opportunity to deliver unique experiences and polished programs in line with their brands.

"Every day, our development team focuses on anticipating the needs of our customers as well as our customers’ customers. We’re incredibly proud to announce dual hosting and external camera compatibility, as we believe these features deliver benefit to both those groups," said Jesper Funck, Chief Product Officer at Bambuser. For our retail and brand partners, we’re giving more power to customize the format and production quality of their shows. For their customers who participate in Live Video Shopping, we’re offering more engaging and interactive experiences that are consistently the highest quality possible."

A pioneer in live video streaming since inception in 2007, Bambuser is pursuing an aggressive product development strategy to ensure the platform remains the most feature rich and robust available. The company is leveraging the recent investment of $60 million from renowned fashion and technology investor Anders Holch Povlsen along with Lancelot Asset Management AB, TIN Fonder and Handelsbanken Fonder, to accelerate its timeline for rolling out new capabilities. 

Contact information
Maryam Ghahremani
CEO Bambuser
press@bambuser.com 
+46 8 400 160 02

About Bambuser
Bambuser is a software company specializing in interactive live video streaming. The Company’s primary product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps and social media. Bambuser was founded in 2007 and has its headquarters in Stockholm. Erik Penser Bank AB is Bambuser’s Certified Adviser.

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PR Newswire

Ember Makes Big Moves Tapping Former Dyson Executive Jim Rowan as CEO of the Company’s Consumer Division

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The global temperature control brand known for its self-heating smart mugs restructures the chief executive role in order to grow Ember’s consumer and healthcare verticals.

WESTLAKE VILLAGE, Calif., Feb. 12, 2021 — Ember Technologies, Inc. (Ember®), maker of the world’s first temperature control smart mug, announces today the appointment of former Dyson CEO, Jim Rowan, as the new chief executive of Ember’s consumer division. Taking effect on February 16, 2021, Jim Rowan will take the reins overseeing marketing, sales, finance and operations for the consumer business and will join Ember’s Board of Directors.

Ember appoints Jim Rowan as CEO of the company's consumer division
Ember appoints Jim Rowan as CEO of the company’s consumer division

Ember’s Founder and CEO, Clay Alexander will continue to influence strategic business decisions and product development for Ember’s consumer products and will transition to Group CEO of Ember while also taking the helm of the newly created role as CEO of Ember’s healthcare division. Clay will also remain as Ember’s Chairman of the Board of Directors.

"It’s an incredible privilege to welcome a seasoned chief executive such as Jim to Ember," said Clay Alexander. "His deep category knowledge in scaling premium consumer electronic brands and thoughtful leadership will be an invaluable resource, and complement our leadership team as we grow our consumer division."

Alexander continued, "When I founded Ember, I knew there were endless applications for our temperature control technology and with Jim joining our team, we’ll be able to focus on our emerging healthcare vertical and use our technology to help improve and even save lives."

Jim Rowan joins Ember after serving as Dyson’s COO and later CEO for a combined 8 years, where he helped scale the business from $1.6 billion to $7.3 billion* annually. During his tenure, he expanded Dyson’s product categories into beauty care and in-home air purification, as well as extended the range of commercial hand dryers and Dyson’s cordless vacuums. Rowan was also instrumental in the launch of Dyson’s retail store division, opening hundreds of Dyson stores globally and accelerating the expansion into China and other Asian markets.

Prior to Dyson, Rowan was the COO of Research In Motion (BlackBerry) from 2007 to 2012 where he scaled the BlackBerry business operations and supply chain to $20 billion in annual revenues.

"I’m honored to be joining such a world-class organization as Ember," said Jim Rowan. "The combination of their cutting-edge technology, premium brand, unparalleled design and customer-first approach have all the makings for a monumental success story. I’m privileged to be given the opportunity to be a part of that story and grow the consumer division worldwide."

Ember’s namesake temperature control products, the Ember Mug 2 and Ember Travel Mug 2 took the consumer electronics category by storm, completely revolutionizing the way people enjoy hot beverages by giving consumers a way to precisely control their drinking temperature for the first time. Since the launch in 2016, the Company has expanded globally into 27 countries and continues to experience a strong annual sales growth rate of 50% year-over-year. Ember was also named one of TIME magazine’s Best Inventions of 2017.

Ember temperature control smart mugs are available in over 10,000 retail doors worldwide, including top retailers such as Best Buy, Apple, Williams Sonoma, Bloomingdale’s, and Target, where the brand launched chain-wide last fall. Sales continue to outpace expectations, including Ember’s e-commerce, which has seen notable triple-digit year-over-year growth as many consumers shifted to online shopping in 2020.

In his new role, Rowan will work with Ember’s leadership team to further expand Ember’s global presence in Asia and Europe as well as continue to grow the brand’s U.S. sales and distribution channels. He will also leverage Ember’s significant IP portfolio and innovative temperature control technology to create and launch ground-breaking products that will continue to delight Ember customers worldwide.

*Source: https://en.wikipedia.org/wiki/Dyson_(company)

About Ember Technologies, Inc.
Ember is a design-led temperature control brand and technology platform, whose mission is to revolutionize the way people eat, drink and live. Founded by inventor and serial entrepreneur Clay Alexander, Ember creates, designs and develops temperature control products that offer people complete customization. The award-winning Ember Travel Mug and Ember Mug are the most advanced coffee mugs on the market, allowing individuals to set and maintain their preferred drinking temperature for hot beverages. For more information, visit ember.com and connect with us on Facebook.com/ember, Instagram.com/ember and Twitter.com/ember_tech.

Ember Temperature Control Mugs
Ember Temperature Control Mugs

 

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PR Newswire

Information Office of Beijing Municipal Government Releases “I am in Beijing for Spring Festival” Video Series

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BEIJING, Feb. 12, 2021 — The Chinese New Year 2021 is special due to the COVID-19 pandemic which is not over yet.

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A notice was issued a few weeks ago encouraging people to stay where they work and live during the 2021 Spring Festival holiday, from Feb. 11 to 17, to reduce the risk of the virus spreading. 

Beijing, with a permanent migrant population of nearly 10 million, is ready to accommodate the people with a hearty and homelike reception.

The Beijing Municipal Government has rolled out measures to ensure those who stay in the city enjoy the Spring Festival, including issuing shopping coupons and free entrance tickets. Besides, mobile phone users in Beijing are eligible for receiving 20 gigabyte free data packages during the festival.

Tens of millions of its citizens will be benefited by these favorable policies.  

"We will be rehearsing and practicing during the Spring Festival," said Song Yan, a Peking Opera performer with 40 years’ experience. His Peking Opera troupe have also arranged festive performances in smaller venues to celebrate the New Year.

Josh Dominick works as a volunteer in a non-profit group to help the disabled. He has been living in Beijing for 20 years. "Making dumplings is like everything else. Practice always makes perfect. I hope that the dumplings I make this year will not fall apart," he said.

Yang Jiaxi (nicknamed Qiuqiu), an eight-year-old ice hockey player, has been playing ice hockey for more than four years. Now, he attends ice hockey training twice a week, even during the Spring Festival and dreams to become an excellent ice hockey player in the future.

Produced by the Information Office of Beijing Municipal Government, the seven-episode "I am in Beijing for Spring Festival" video series will show you how people from different countries and different backgrounds spend their Spring Festival in Beijing.

Video – https://youtu.be/pUIO8V9VSQI
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PR Newswire

Valtech Announces the Acquisition of eCapacity

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Valtech, a global digital agency focused on business transformation, today announced the acquisition of digital consulting agency eCapacity.

COPENHAGEN, Denmark, Feb. 12, 2021 — eCapacity has established itself as one of the leading advisory agencies for data-driven digital strategies in Denmark and the wider Nordic region. Renowned for their ability to leverage data to enable businesses to grow and transform, their excellence within data-driven commerce has helped global clients such as Pandora, Velux and Danske Bank to master both the organizational and technical challenges of digital transformation.

With their highly experienced consultants and specialists, eCapacity adds additional expertise in predictive analytics, AI, Machine Learning capabilities and e-commerce strategies. They also bring clients such as Fortnum & Mason, Coop and Schneider Electric into the Valtech portfolio.

Through their expertise in data-driven strategies and their ability to deliver measurable commercial results, the acquisition of eCapacity further strengthens Valtech’s positioning as a strategic digital partner for business transformation. It also reinforces Valtech’s leadership in e-commerce, customer experience strategies and marketing, enabling them to further evolve and extend their client engagements.

“eCapacity’s data-driven expertise is the perfect addition to our current service offering. Welcoming eCapacity enables us to broaden our scope with clients all over the world, adding some of the best capabilities in the business when it comes to data-insights and activation, going far beyond websites and into the entire digital and e-commerce ecosystem with transformative business strategies,” says Olivier Padiou, Group Chief Operating Officer at Valtech.

“We see Valtech as the perfect partner to execute business transformation programs on top of our e-commerce strategy and data consultancy engagements, allowing us to guide our clients from acquired insight to accomplished growth. Today’s transformation programs continue to produce ever-growing volumes of data traversing our global world. With Valtech as a global actor and accelerator, our combined strengths fit the future needs of businesses like a glove,” says Per Rasmussen, Managing Director and Founder of eCapacity A/S.

About eCapacity

eCapacity is a prize-winning digital advisory helping leading brands and companies to realize ambitious growth across industries spanning finance, telecom, retail, media and B2B manufacturing.

Clients choose eCapacity because of our dedication to producing clear and measurable commercial results.

Our clients trust us to empower them to grow their digital business. We’re there for them when they set the growth ambition and direction for their digital business and when they’re in need of specialist competencies outside their own area of expertise. We help them fill the gaps in order for them to accelerate their own development, reach their required business goals and help them keep momentum once their digital transformation initiatives have been launched.

For more information, visit eCapacity.com

About Valtech

Valtech is a global business transformation agency delivering innovation with a purpose. We enable clients to anticipate tomorrow’s trends and connect more directly with consumers across their digital and physical touch points while optimizing time-to-market and ROI.

We are a network of more than 3,500 innovators, design thinkers, marketers, creatives and developers spanning five continents with offices in 17 countries.

While our expertise is in experience design, technology and marketing, our passion is in addressing transformational business challenges for our clients. Challenges where we re-imagine the customer journey and build new connected experiences. Challenges where we make data work in this new era and help our clients transform the way they operate.

Our services include strategy consulting, service design, technology services, and optimization of business-critical digital platforms for multichannel commerce and marketing.

Learn more at Valtech.com

For more information, contact PR@Valtech.com

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Valtech, a global digital agency focused on business transformation, acquires eCapacity

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PR Newswire

SOS Ltd. Announces Pricing of $110.0 Million Registered Direct Offering

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QINGDAO, China, Feb. 12, 2021 — SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase $110,000,000 worth of its American Depositary Shares ("ADS") and warrants in a registered direct offering.

Under the terms of the securities purchase agreement, the Company has agreed to sell 22,000,000 million ADSs and warrants to purchase 16,500,000 million ADS. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $5.00. The warrants will expire five years from the date of issuance. The purchase price for one ADS and one corresponding warrant will be $5.00. The determination of the purchase price was based on the average of the Company’s closing stock price over the past five trading days. The gross proceeds to the Company from the registered direct offering are estimated to be $110,000,000 before deducting the placement agent’s fees and other estimated offering expenses. The registered direct offering is expected to close on or about February 17, 2021, subject to the satisfaction of customary closing conditions.

The Company intends to use the proceeds from the offering to develop its planned blockchain-based security and insurance technology business as well as for working capital and general corporate use.

Maxim Group LLC is acting as sole placement agent in connection with this offering.

The securities described above are being offered by the Company pursuant to a shelf registration statement on Form F-3 (File No.: 333-250145) filed with the Securities and Exchange Commission (the "SEC") dated November 17, 2020, and declared effective on November 30, 2020. A prospectus supplement related to the offering will be, filed with the SEC and available on the SEC’s website at http://www.sec.gov. Copies of the prospectus supplement relating to the offering may be obtained, when available, by contacting: Maxim Group LLC, 405 Lexington Avenue, 2nd Floor, New York, NY 10174, by telephone: at (212) 895-3500.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About SOS Limited

SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. ("SOS") is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. SOS is focused on the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence. We have created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud (News Today, E-Commerce Today). This system provide marketing-related data, technology solutions, and technology-driven big data to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers and other service providers in the emergency rescue services industry. SOS has obtained a national high-tech enterprise certification, the title of "big data star enterprise" awarded by Gui’an New District Government, and has registered 96 software copyrights and 2 patents. For more information, please visit: http://www.sosyun.com/ 

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties; SOS’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities market acceptance of our products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on our business, our research programs, healthcare systems or the global economy as a whole; our intellectual property; our reliance on third party organizations; our anticipated financial and operating results, including anticipated sources of revenues; our assumptions regarding the size of the available market, benefits of our product offering, product pricing, timing of product launches; management’s expectation with respect to future acquisitions; statements regarding our goals, intentions, plans and expectations, including the introduction of new products and markets; and our cash needs and financing plans and etc. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. SOS may not realize its expectations, and its beliefs may not prove correct. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2019. SOS’s SEC filings are available publicly on the SEC’s website at www.sec.gov. SOS disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

PR Newswire

Dada Group Discusses Industry Insights and Walmart Partnership at Retail Week’s ‘Accelerating Ecommerce Week’ Virtual Event

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SHANGHAI, Feb. 12, 2021 — Dada Group (Nasdaq: DADA) ("Dada" or the "Company"), China’s leading local on-demand delivery and retail platform, was invited to attend and share industry insights at Retail Week’s 2021 ‘Accelerating Ecommerce Week’ virtual event. As an expert in this area and the only Chinese representative, Dada Group’s general manager of product operations, Dora Guo took part in a panel focused on balancing final-mile profitability and productivity. She discussed Dada’s latest logistics and delivery innovations to reduce costs and improve efficiency.

Dora Guo discussed Dada’s latest logistics and delivery innovations to reduce costs and improve efficiency
Dora Guo discussed Dada’s latest logistics and delivery innovations to reduce costs and improve efficiency

Taking place entirely online, the two-day event hosted by Retail Week magazine is one of the retail industry’s most influential and prestigious annual forums. This year, the focus of the event was on how the retail industry landscape has changed as a result of the COVID-19 pandemic and how industry players around the world are responding and adapting to these new circumstances. Through a combination of panel discussions, an online networking mixer and master-class-style keynote presentations from industry experts representing companies including Ascential, Shopify and DLA Piper, participants discussed how to better attract and retain customers and drive value across their businesses.

Speaking on the panel, Ms. Guo said: "With the ‘Amazon effect’ leading to rising expectations from customers for faster delivery speeds, providing delivery efficiency while maintaining low operational costs has become an important way for retailers to provide differentiated services for their customers. Over the past six years, Dada Group has built a specified on-demand delivery system designed to optimize delivery time and provide exceptional service."

Dada Group successfully integrated Dada Now and JDDJ to develop a leading platform for local, on-demand delivery in China. Focused on supporting retailers and brand owners to connect online and offline sales systems, JDDJ, the largest on-demand retail platform in China’s supermarket segment, offers streamlined logistics solutions that can also assist in driving new online traffic and sales through O2O channels. For local delivery between merchants and individuals, Dada Now, the largest open on-demand delivery platform in China, offers effective and efficient solutions that allows for direct point-to-point and trackable distribution without having to rely on other third party vendors. Dada Group sees innovation as an integral part of business success and continues to focus on R&D to improve technical efficiency and customer value.

The Company’s focus on micro-ecommerce and last-mile delivery has positioned Dada Group for long-term partnerships with high-volume retailers. In June 2016, the Company signed a strategic partnership with Walmart to offer their stores in China access to last-mile delivery services. Since then, Dada Group has grown to become the exclusive provider of delivery services for the global retailer’s more than 400 stores across the country. Sam’s Club, a members-only retailer and part of the Walmart family, has also greatly benefited from its three-year partnership with Dada Now, which enables quick delivery on more than 1,000 products and has seen a tenfold increase in daily delivery order volume from a single warehouse. The collaboration with Sam’s Club is about providing exceptional customer service; Dada riders delivering from Sam’s Club are outfitted in customized cross-brand uniforms and are given specialized training. Additionally, through this partnership, Sam’s Club customers are able to receive orders before stores even open.

Throughout the panel, Ms. Guo discussed these partnerships and highlighted the role and value service providers like Dada Group bring to the table: "On-demand delivery from warehouses to consumers can be extremely complex with scattered demand, wild fluctuations in peak orders and a number of different delivery points. These problems can only be solved by relying on specialized technical applications utilizing big data and AI."

With the rise of social ecommerce, Dada Group looks to provide superior delivery support and coordination to credible key opinion leaders. Given the potential negative impact of a sudden influx of orders for single products on an unprepared individual or small team, Dada Group has developed applications to support O2O live streaming events and effectively bridge the gap between online and offline shopping experiences. The Company has also been involved in platform-exclusive marketing campaigns such as "Super Brand Day" to help brands expand their reach and provide customers with great deals.

About Dada Group

Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

Related Links :

http://imdada.cn

PR Newswire

TradingCrypto Introduces New Website, Featuring Cutting-Edge Trading Platform

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LONDON, Feb. 12, 2021 — Amidst a rise in demand for online trading services in 2021, as a result of volatility in the markets, online trading brokerage TradingCrypto has announced that its new trading website is on air, and that registration has already surpassed expectations since its launching, earlier this year.

"We’re flattered by the trust our new traders have put in us, and we certainly don’t take it for granted," said Donald Reilly, TradingCrypto’s spokesperson, in response to the news. "We’ve put a whole lot of effort into this new website, deploying the most recent technology to ensure a speedy, secure and user-friendly interface and experience."

Bringing something new to the world of trading

The brand has taken the highest standards of customer service on one hand, and enjoying the benefit of reputation on the other. That is why TradingCrypto has taken every means necessary in order to provide the best support and service available, as current and joining traders can attest.

"The key principle, by which our decisions have been made ever since we were at our founding stage, is that our success must be a result of our customers’ success," added the spokesperson. "That is why it was important for us to offer something on this website that they cannot get anywhere else: a new standard of ultra-fast support service, handling any request or issue that may come up, on a 24/6 basis."

The new website, tradingcryp.com, offers a wide array of tradable crypto coins, but is not limited to this type of assets. Traders can choose from a wide variety of stocks, commodities, indices, and forex pairs as well.

About TradingCrypto

Founded by an elite selection of brokers and analysts, all with years in the business of online trading, TradingCrypto aims at basing itself as a leading trading platform in 2021. Its users have a wide variety of assets to choose from, with full access to all relevant market charts, research data, analytics and many other tools. All actions can be executed via the MetaTrader web platform, suitable for all kinds of devices – including tablets and mobile phones – and via the brand’s proprietary app. tradingcryp.com plans on introducing several more benefits in the near future.

Related Links :

https://tradingcryp.com

PR Newswire

Future FinTech Group Inc. Announces the Closing of $11.9 Million Registered Direct Offering

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NEW YORK, Feb. 12, 2021 — Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it closed the registered direct offering of 2,000,000 shares of its Common Stock at a purchase price of $5.95 per share on February 11, 2021. The gross proceeds of this offering are $11,900,000. The Company issued a total of 2,000,000 shares of its Common Stock in the offering. The net proceeds from this offering will be used for growth capital and general working capital purposes.

A.G.P./Alliance Global Partners acted as the sole placement agent for the offering.

All offers were made only by means of a prospectus, including a prospectus supplement pursuant to the Company’s effective shelf registration statement and base prospectus contained therein. The shelf registration statement on Form S-3 (File No. 333-224686) relating to the offering was previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on December 11, 2020. A prospectus supplement related to the offering was filed with the SEC on February 11, 2021 and is available at www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. 

For further details of this transaction, please see the Current Report on Form 8-K filed with the SEC on February 10, 2021, as amended which can be viewed at www.sec.gov.

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based technology and services as well as financial technology services. For more information, please visit http://www.ftftex.com/.  

Safe Harbor Statement 

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.