ILIFE Shinebot W450 floor washing robot now available in the United States

SHENZHEN, China, March 26, 2021 — ILIFE, the maker of intelligent household robots, today announces the availability of the ILIFE Shinebot W450 floor washing robot in the United States.

ILIFE Shinebot W450 Floor Washing Robot
ILIFE Shinebot W450 Floor Washing Robot

W450 is another masterpiece of ILIFE washing robot series. As the most anticipated washing robot in the market, W450 will bring more choice to American consumers.

"Currently in the field of household cleaning robots, there are abundant vacuum robots for consumers to choose, but the washing/mopping robot series does not have any good-enough products. ILIFE Shinebot W450 will fill the vacancy," said Koon Leung Chan, General Manager of ILIFE.

Upgraded Panoview navigation

Assisted by the CV-SLAM algorithm and built-in gyroscopes, W450 guides itself to navigate the rooms systematically with the Panoview visual, enhancing the navigation accuracy and avoids to miss the areas needs cleaning.

Convenient APP control

With ILIFEHOME App, the W450 can adjust the water output, travel speed, and roller brush speed to meet your specific cleaning needs. Users can set up a No-go zone on the app to let the robot avoid the carpet area, set cleaning times to achieve deeper cleaning.

TidalPower cleaning system

The W450 cleans the floor in 4 steps:
Moisten: Sprays clean water on the floor to loosen stubborn stains.
Scrub: Ultra-fine fiber roller deeply washes the floor with gentle scrubs at a high frequency.
Scrape: Scraper wipes off the residues, leaving the floor spotless.
Suction: Superior suction removes dirty water.
The whole process efficiently cleans stubborn stains while protecting the floor.

Clean/Dirty water separation:

With a special dual independent water tank design. The W450 separates clean and dirty water into independent water tanks. This greatly improves the cleaning efficiency and properly collects the dirty water for easy disposal and cleaning.

About ILIFE

Founded in 2007 and headquartered in Shenzhen, China, ILIFE is a high-tech company specializing in robotic cleaning technology. As one of the leading manufacturers in the global intelligent cleaning industry, ILIFE is committed to developing products that make home cleaning easier, safer, and more intelligent. Over the past decade, ILIFE robots have helped millions of families to create a clean living environment. ILIFE has successfully penetrated the global market. The company’s sales network reaches over 35 countries and regions, offering technologically advanced, high-quality, and cost-effective automated products to consumers around the world.

For more information, please visit www.iliferobot.com.

CLPS Incorporation Announces an Upgraded Digital Marketing Solution

HONG KONG, March 26, 2021 — CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced an upgraded digital marketing solution with technology-powered and data-driven features.

CLPS has been committed to promoting digital transformation integrated with secure, smooth, and efficient IT systems. The growing demand for customized and innovative marketing model has pushed CLPS to further enhance its digital marketing solution to achieve client’s business goals prompted by improved marketing performance metrics.

Many enterprises have seen growing online customer activity and engagements as a result of the COVID-19 pandemic, creating a sense of urgency for digital transformation. Moving forward, enterprises are accelerating digital marketing as a strategy to address the requirements of the expected trends including digital touchpoint, customer acquisition across digital platform, and customized value proposition. CLPS’s "technology+data" digital marketing solution which covers operation services through the utilization of marketing accounts, private online traffic, and media coverage, among others, serve as the major selling point for industry verticals such as in banking, wealth management, e-commerce, and automotive. By leveraging a user’s data activity, it enables enterprises to reduce marketing costs while gaining more customers. It also improves a user’s engagement and loyalty, which will contribute to sustainable sales growth. The latest digital marketing solution upgrade intends to provide CLPS’s existing and potential client base across industries with diversified service portfolio.

Mr. Jingwei Sun, General Manager of Tianjin Huanyu Qinshang Network Technology Co., Ltd., a wholly-owned subsidiary of CLPS and head of digital marketing solution, said, "Digital marketing solution is an addition to our competitive landscape as an IT services provider. We have successfully enhanced its features after a series of trial runs, and we are actively promoting it to domestic financial, automotive, and sportswear markets."

Mr. Henry Li, Chief Operating Officer of CLPS, said, "CLPS has always valued cutting-edge technology, advancement and high value-added solutions. This digital marketing solution for the domestic market will significantly contribute in further widening and diversifying our customized IT solution services, which we have been continuously doing over the years."

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the "Company") (Nasdaq: CLPS) is a global leading information technology ("IT") consulting and solutions service provider focusing on the banking, insurance, and financial service sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial service industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong SAR, and their PRC-based IT centers. The Company maintains 20 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Xi’an, Chengdu, Guangzhou, Shenzhen, Hangzhou, Suzhou, and Hainan. The remaining eight global centers are located in Hong Kong SAR, USA, UK, Japan, Singapore, Malaysia, Australia, and India. For further information regarding the Company, please visit: http://ir.clpsglobal.com/, or follow CLPS on FacebookLinkedIn, and Twitter.

Forward-Looking Statements

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. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s expectations of the Company’s future growth, performance and results of operations, the Company’s ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. 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.

Contact:

CLPS Incorporation
Rhon Galicha
Investor Relations Office 
Phone: +86-182-2192-5378
Email: ir@clpsglobal.com

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Zhihu Inc. Announces Pricing of Initial Public Offering

BEIJING, March 26, 2021 — Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), an iconic online content community in China, today announced that it has priced its initial public offering (the "IPO") of 55,000,000 American depositary shares ("ADSs"), at US$9.5 per ADS. The aggregate offering size of the IPO and the concurrent private placements described below is US$772.5 million, assuming the underwriters do not exercise their option to purchase additional ADSs, and approximately US$850.9 million, assuming the underwriters exercise their option to purchase additional ADSs in full. Each two ADSs represent one Class A ordinary share of the Company. The ADSs are expected to begin trading on the New York Stock Exchange today under the ticker symbol "ZH." The IPO is expected to close on March 30, 2021, subject to customary closing conditions.

The Company has granted the underwriters an option, exercisable for 30 days from the date of the final prospectus, to purchase up to an aggregate of 8,250,000 additional ADSs at the IPO price, less underwriting discounts and commissions.

Credit Suisse Securities (USA) LLC, Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC are acting as joint representatives of underwriters and lead joint bookrunners for the offering (names in alphabetical order). China International Capital Corporation Hong Kong Securities Limited, CMB International Capital Limited, China Renaissance Securities (Hong Kong) Limited, CLSA Limited, Haitong International Securities Company Limited, and Lighthouse Capital International Inc. are acting as joint bookrunners for the offering (names in alphabetical order).

Concurrently with, and subject to, the completion of this offering, certain investors have agreed to purchase US$250.0 million in Class A ordinary shares from the Company, including (i) US$100.0 million by Taobao China Holding Limited, an affiliate of Alibaba Group Holding Limited, (ii) US$100.0 million by Purus Innovation Limited, an affiliate of JD.com, Inc., (iii) US$30.0 million by Image Frame Investment (HK) Limited, the Company’s shareholder and an affiliate of Tencent Holding Limited, and (iv) US$20.0 million by Lilith Limited, an affiliate of Lilith Games, in private placement transactions pursuant to exemptions from registration with the U.S. Securities and Exchange Commission (the "SEC"), under Regulation S of the Securities Act of 1933, as amended. The concurrent private placements are expected to close concurrently with the closing of the IPO, subject to customary closing conditions.

A registration statement related to these securities has been filed with, and declared effective by, the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

This offering is being made only by means of a prospectus forming a part of the effective registration statement. A copy of the final prospectus relating to the offering may be obtained, when available, by contacting the following underwriters (names in alphabetical order): (1) Credit Suisse Securities (USA) LLC at Eleven Madison Avenue, New York, NY 10010, or by telephone at +1-800-221-1037; (2) Goldman Sachs & Co. LLC at 200 West Street, New York, NY 10282-2198, Attention: Prospectus Department, or by telephone at 1-866-471-2526; (3) J.P. Morgan Securities LLC at 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Broadridge Financial Solutions, or by telephone at 1-866-803-9204.

About Zhihu Inc.

Zhihu Inc. (NYSE:ZH) operates Zhihu, an iconic online content community dedicated to empowering people to share knowledge, experience, and insights, and to find their own answers. Zhihu fosters a vibrant online community where users contribute and engage while respecting diversity and valuing constructiveness by promoting a culture of sincerity, expertise, and respect developed through years of cultivation. Zhihu is China’s largest Q&A-inspired online community and one of the top five Chinese comprehensive online content communities, both in terms of average mobile monthly average users and revenue in 2020. Zhihu is also recognized as the most trustworthy online content community and widely regarded as offering the highest quality content in China, according to a survey conducted by CIC.

For more information, please visit https://ir.zhihu.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. 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 press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Zhihu Inc.
Email: ir@zhihu.com

The Piacente Group, Inc.
Helen Wu
Tel: +86-10-6508-0677
Email: zhihu@tpg-ir.com 

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Phone: +1-212-481-2050
Email: zhihu@tpg-ir.com

Measurable AI’s transactional data for emerging markets now available via Bloomberg

Bloomberg Data License clients can now access Measurable AI’s unique e-receipts datasets via Bloomberg Enterprise Access Point

HONG KONG, March 26, 2021 — Blockchain powered alternative data company Measurable AI today announced that its transactional e-receipts dataset offerings are now available as part of an Alternative Data catalog on Bloomberg Enterprise Access Point.

Measurable AI’s transactional data for emerging markets now available via Bloomberg
Measurable AI’s transactional data for emerging markets now available via Bloomberg

Measurable AI now provides two types of datasets via Bloomberg Data License, 1) Granular e-receipts data at item level and 2) Aggregate data in revenue and transaction volume. Both datasets deliver weekly with over three years of historical data.

The Granular E-receipts Dataset features item-level e-receipts data covering 20 tickers out of top mobile apps and games. The E-receipts Aggregate Dataset features e-commerce tickers from the emerging markets, such as Shopee, Lazada, Momoshop, HKTVMall, and MercadoLibre.

Screenshot of Measurable AI data offerings on Bloomberg’s Enterprise Access Point
Screenshot of Measurable AI data offerings on Bloomberg’s Enterprise Access Point

With Measurable AI’s transactional data, Bloomberg Data License clients can access an overview of weekly and monthly sales trends for tickers from Greater China, South East Asia, and Latin America, traditionally difficult to access. The full granularity and complete wallet history of these datasets can also be useful as Data License clients analyze consumer spending behavior, market share change, and item-level product distribution.

As an alternative data company, Measurable AI owns its unique positioning, in addition to its focus on data for the emerging markets, it builds a sustainable ecosystem. Currently, all the e-receipts data from Measurable AI are collected from a series of productivity apps: MailTime, Email Messenger, and RewardMe App. Measurable AI rewards users of these apps for contributing their anonymous data points with cryptocurrency Measurable Data Token (MDT) and leverages blockchain technology for data validation.

Measurable AI Data Value Chain
Measurable AI Data Value Chain

"Our mission at Measurable AI is to empower individuals to share data and impact some of the biggest questions corporates and investors are looking at. Transactional data is exactly the type of data that we are passionate about. It can be extremely helpful when looking at a company’s growth or monitoring market share change across different industries," said Heatherm Huang, co-founder and CEO of Measurable AI.

About Bloomberg Enterprise Access Point

Bloomberg’s Enterprise Access Point is a web-based data marketplace for clients to easily discover and act on Bloomberg data products. It can be used to browse datasets, examine metadata, download and test sample datasets prior to acquisition, and immediately put them to use within an organization. It provides access to Bloomberg’s One Data offering including standardized reference, regulatory, pricing, and quantitative data.

About Measurable AI

Measurable AI, a blockchain powered alternative data provider focusing on transactional e-receipts data for emerging markets. Learn more https://measurable.ai

About Measurable Data Token

Measurable Data Token (MDT) is a decentralized data exchange ecosystem that rewards users for sharing anonymous data points and enables data exchange securely and anonymously on blockchain. Learn more https://mdt.io

JinkoSolar to Report Fourth Quarter and Full Year 2020 Results on April 9, 2021

SHANGRAO, China, March 26, 2021 — JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2020 before the open of U.S. markets on Friday, April 9, 2021.

JinkoSolar’s management will host an earnings conference call on Friday, April 9, 2021 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong the same day).

Dial-in details for the earnings conference call are as follows:

Hong Kong / International:

+852 3027 6500

U.S. Toll Free:

+1 855-824-5644

Passcode:

73382078#

Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, April 16, 2021. The dial-in details for the replay are as follows:

International:

+61 2 8325 2405

U.S.:

+1 646 982 0473

Passcode:

319340208#

Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar’s website at http://www.jinkosolar.com.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.

JinkoSolar has 9 productions facilities globally, 20 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.

To find out more, please see: www.jinkosolar.com

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in 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" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com

Mr. Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com

In the U.S.:

Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

Related Links :

http://www.jinkosolar.com

ReneSola Power Announces Fourth Quarter and Full Year 2020 Financial Results

— Reports Net Profits in Fourth Quarter and Full Year 2020

— Enters 2021 Well-Capitalized for Growth

STAMFORD, Conn., March 26, 2021 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020. ReneSola Power’s fourth quarter and full year 2020 financial results and management commentary can be found by accessing the Company’s shareholder letter on the quarterly results page of the Investor Relations section of ReneSola Power’s website at: http://ir.renesolapower.com.

ReneSola Power will hold a conference call today to discuss results and to provide an update on the business.

Conference Call Details

ReneSola Power’s management will hold a conference call today, March 26, 2021 at 8:30 a.m. U.S. Eastern Time (8:30 p.m. China Standard Time) to discuss financial results. 

Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.

Participant Online Registration: http://apac.directeventreg.com/registration/event/7836968

A replay of the conference call may be accessed by phone at the following numbers until April 3, 2021. To access the replay, please reference the conference ID 7836968.

Phone Number

Toll-Free Number

United States

+1 (646) 254-3697

+1 (855) 452-5696

Hong Kong

+852 3051-2780

+852 8009-63117

Mainland China

+86 (800) 870-0206

+86 (400) 602-2065

Other International

+61 (2) 8199-0299

A webcast of the conference call will be available on the ReneSola Power website at http://ir.renesolapower.com.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Related Links :

http://www.renesolapower.com

TECNO Offered Once-in-a-lifetime Opportunity for Football Fans to Convert their Passion into Career Prospect

ABUJA, Nigeria and NEW DELHI, March 26, 2021 — TECNO, a premium mobile brand, has initiated a local trainee correspondent programme with the aim to provide job opportunities for young people in emerging markets in partnership with Manchester City and Goal.

This opportunity will see the two trainee correspondents from Nigeria and India, work with Goal, to cover the Premier League leaders from close quarters till the end of the season. The two will also be mentored by Goal’s regional editorial teams.

Fans from all over India and Nigeria submitted their entries for the campaign. From over 200 entries that came in, the organizer went through a rigorous process of elimination before zeroing in on two applicants who impressed the most. Sai Prashanth Nataraj from India and Chukwu Bethel from Nigeria were finally selected for the programme. Both their entries impressed the jury for their passion of working in the industry and insights into the sport.

"As a brand aiming to inspire people to never stop pursuing their dream, TECNO is always determined to support people who are persistent, passionate and always striving for excellence", said Stephen HA, Managing Director of TECNO, VP of Transsion, who is also the key member of the jury. "We are very delighted to offer this once-in-a-lifetime opportunity to create a genuine impact on the lives of young people.  We look forward to encouraging more people to uncover their enthusiasm and fulfill their dreams through our consistent social endeavors as well as our products and technology."

The two winners now get an opportunity to kick-off a new chapter in their lives where they are able to convert their passion for football into a career prospect. TECNO will provide its award-winning camera phone CAMON 16 Premier, for the winners to work with throughout the whole campaign.

TECNO, a premium mobile phone brand, are the official global partner of Manchester City for handsets and headphones. The brand has a presence in more than 60 countries across the globe with its innovation, technological and artistic progression as well as a diversified product portfolio featuring smartphones and smart AIoT products.

AWS Committed to Accelerating Malaysia’s Digital Transformation

Amazon Web Services (AWS) has been a part of Malaysia’s digital transformation journey since 2015 when we established our presence in the country with a local marketing entity, AWS Malaysia Sdn. Bhd. The announcement by the Malaysian Government outlining the Malaysia Digital Economy Blueprint via MyDigital marks a milestone in the nation’s journey to transform to a digital economy, built on cloud computing. As part of this journey, AWS is delighted to be named as a Cloud Service Provider for the Government of Malaysia by the Malaysian Administrative Modernisation and Management Planning Unit (MAMPU).

With the right technology, governments, nonprofits, economic development organisations, and other entities can improve their internal operations, become more productive and, ultimately, focus more acutely on serving citizens. This can support business growth and help citizens enjoy improved quality of life. As organisations increasingly embrace cloud-based solutions, long-lasting effects can be realised in the form of community-wide collaboration, partnerships with local businesses, and increased innovation. These organisations can in turn wield greater influence on economic development and growth. The cloud also provides affordable IT services for entrepreneurs, helping them start and scale companies quicker and more reliably. These efforts pave the way toward building new businesses and a more productive workforce, which boosts local economic development.

Photo by Su San Lee on Unsplash

AWS works closely with state governments, education institutions, and not-for-profit organisations in Malaysia to accelerate innovation, increase agility, and drive cost savings through the cloud. Our Malaysian customers range from public sector entities such as Smart Selangor Delivery Unit (SSDU), Asia Pacific University, and other government agencies, to enterprises including Petronas, Maxis, Astro, and Boost (Axiata), to startups like StoreHub, FashionValet, and 123RF.

SSDU leverages cloud computing to transform government services

SSDU started working with AWS in 2018 when they first built a Citizens Electronic Payments Platform for Malaysians to access paid government services through a highly scalable and reliable central mobile and web portal on AWS. Using the centralised platform, SSDU was able to conduct data analysis in identifying trends with near real-time data generated across the entire Selangor state to forecast and optimise services, accelerating the development of new solutions without large upfront investments. At the beginning of the COVID-19 pandemic, SSDU rolled out an operation dashboard on AWS that provided critical data for making real-time decisions to enforce containment measures. Simultaneously, SSDU facilitated the shift of over 1,000 local traders to sell products from physical to online stores to enable business continuity.

Using AWS, SSDU gained the control and confidence they needed to securely run their platform with the most flexible and secure cloud computing environment available today. As an AWS customer, SSDU benefits from AWS data centres and a network architected to protect all customer information, identities, applications, and devices. With AWS, SSDU has improved its ability to meet core security and compliance requirements, such as data locality, protection, and confidentiality using AWS’s comprehensive services and features. We look forward to partnering with more government agencies, empowering them to transform their digital service offerings for citizens.

Optimising the educational experience with cloud

Education institutions, like Asia Pacific University in Malaysia, have gone all-in on AWS, moving their entire technology infrastructure to AWS in order to transform the teaching and learning experience. They are running a mobile application for a cashless campus, deploying IoT services for their student attendance and queue systems, and using artificial intelligence and machine learning (AI/ML) for part of its learning environment. Asia Pacific University is delivering education resources to students 116 times faster than when they were using on-premises infrastructure, vastly improving students’ user experience. 

Upskilling the next generation of cloud talent

Additionally, AWS Educate programme provides students and educators with resources and content that focus on building cloud skills in education institutions in Malaysia such as Universiti Malaya (UM), Universiti Kebangsaan Malaysia (UKM), Universiti Putra Malaysia (UPM), Universiti Sains Malaysia (USM), Universiti Teknologi MARA (UiTM), and Asia Pacific University of Technology & Innovation. In August-September 2020, AWS held the ASEAN DeepRacer Women’s League to encourage young women in higher education institutions to acquire skills in artificial intelligence (AI) and machine learning (ML), and discover how technology can be used to create innovations to solve real-world problems. Two Malaysian students attained the first and second runner-up in the ASEAN League. 

young lady using laptop at table in modern workspace
Photo by Vlada Karpovich on Pexels.com

AWS has also been nurturing the local startups in Malaysia, and providing cloud skilling to develop the future workforce. Through AWS startup programmes, we have helped reduce cost of experimentation and accelerate innovation with AWS promotional credits. For example, the AWS Trusted Advisor online tool helps startup customers reduce costs, increase performance, and improve security by checking their use of AWS services, and making suggestions to help optimise performance. We further offer a variety of free online education and livestreamed or on-demand training events for startups across Asia at every growth stage, including AWSome Days and the AWS Builders Online Series for early-stage founders new to the cloud. To date, AWS has supported and helped grow hundreds of startups that are headquartered in Malaysia.

AWS is deeply committed to providing Malaysia with the best-in-class cloud technology. We look forward to building upon our worldwide experience in working with over 7,500 government agencies, more than 14,000 academic institutions and over 35,000 nonprofit organisations, alongside millions of active customers across other vertical industries around the world, to support the Government of Malaysia on its digital transformation journey.

Drip Capital closes $40M Committed Warehouse Credit Facility from East West Bancorp to facilitate trade finance to small businesses

PALO ALTO, Calif., March 26, 2021 — Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announce a US$ 40M committed credit facility for the expansion of Drip’s trade finance solutions to small and medium-sized businesses (SMBs).

Drip Capital closes $40M Committed Warehouse Credit Facility from East West Bancorp to facilitate trade finance to small businesses.
Drip Capital closes $40M Committed Warehouse Credit Facility from East West Bancorp to facilitate trade finance to small businesses.

"Drip is growing at a rapid pace and institutional partnerships are a cornerstone of our capital markets strategy. The partnership with East West Bank represents a significant milestone for our Company. It will further accelerate our ability to provide fast and seamless financing to global exporters and importers. We are excited to work with Mark Parsa and the EastWest team as we scale up our operations to service many more customers," said Pushkar Mukewar, Co-Founder and CEO at Drip Capital.

"We are pleased to provide financial support to a global fintech company like Drip Capital to help them achieve their growth plan," said Kristine H. Pfeilsticker, FVP-Relationship Manager of Structured Finance at East West Bank. "We both have extensive experience in cross-border financing and a shared focus on offering innovative solutions to SMBs."

"This new asset-based credit facility provides Drip with considerable incremental financing capacity to help power the next phase of our company’s growth. We are excited to scale our capital markets programs providing unprecedented access to trade finance assets.  Despite the pandemic and resulting dislocation in capital markets, we have been extremely impressed with the execution and solutions-oriented approach by the East West Bank team," said Karl Boog, Head of Capital Markets at Drip Capital.

Drip Capital is a market leader in the global trade finance space. The company offers trade financing solutions in the US and developing markets like India and Mexico by giving their clients access to working capital quickly. Drip works with over 1,500 sellers and buyers spread across 80+ countries. The FinTech firm has financed over US$ 1.2B of international trade since its inception in 2016. 

In the US, Drip provides buyer financing solutions — supply chain finance and inventory finance — to SMB importers, who further cater to the multinationals across the country. The company acts as a strategic financial partner to these SMBs allowing them to effectively manage their cash flows / working capital to accelerate sustainable business growth. 

Drip has raised nearly US$ 200M through venture capital and debt since 2016, including over US$ 45M in equity capital through investors such as Accel Partners, Sequoia Capital, Wing VC, and Y Combinator. 

East West Bancorp is a publicly owned company with total assets over US$ 50B and is traded on the Nasdaq Global Select Market under the symbol "EWBC." The Company’s wholly-owned subsidiary, East West Bank, is one of the largest independent banks headquartered in California and one of the largest minority depository institutions in the United States. The bank provides commercial and consumer banking services that help clients reach further and connect to new opportunities on both sides of the Pacific. East West Bank operates more than 120 locations in key cities in the U.S. and Greater China. The bank’s Structured Finance group provides senior secured lending facilities to specialty finance companies and project finance transactions. For more information about East West Bank, please visit www.eastwestbank.com

Media Contact:
Vanita D’souza
Communications Manager at Drip Capital
Mobile Number: +1 650-590-0455
Email: communications@dripcapital.com 
Investor Contact: ir@dripcapital.com 

Photo: https://techent.tv/wp-content/uploads/2021/03/drip-capital-closes-40m-committed-warehouse-credit-facility-from-east-west-bancorp-to-facilitate-trade-finance-to-small-businesses.jpg

AWE 2021: Dreame Launches New Products Leading with Cordless Vacuum V16 and Dreame Bot L10 Pro

SHANGHAI, March 26, 2021 — Dreame Technology, a growing innovative company specializing in smart home cleaning appliances, has introduced the V16 Cordless Vacuum equipped with an innovative, top-of-the-range 160K RPM motor, Dreame Bot L10 Pro robotic vacuum cleaner with precise lidar navigation system and more at the Appliance & Electronics World Expo 2021 (AWE 2021) held from March 23-25 in Shanghai.

Independently developed by Dreame, the innovative and efficient SPACE 6.0 high-speed brushless motor equipped on the V16 cordless vacuum can reach 160K RPM with 200AW suction power to deliver super strong cleaning performance. The vacuum and mop all-in-one design can realize deep cleaning while saving both time and labor. The back-projected illuminated floor brush also ensures total cleanliness without any neglected corners.

Equipped with a precise lidar navigation system supported by Dual Laser and LDS technologies, Dreame Bot L10 Pro can detect and avoid obstacles while constantly rebuilding the 3D environment in real time. Its advanced mapping system allows for dynamic route planning and can be managed with an app or Alexa. At 4000Pa ultra-strong suction, Dreame Bot L10 Pro can easily remove dirt and large debris. The product is expected to hit the shelves on Amazon and AliExpress in early May.

AWE 2021: Dreame Launches New Products Leading with Cordless Vacuum V16 and Dreame Bot L10 Pro
AWE 2021: Dreame Launches New Products Leading with Cordless Vacuum V16 and Dreame Bot L10 Pro

Winner of the AWE 2021 Award, Dreame’s exhibition featured a wide range of interactive activities to introduce the new products and technologies to audiences and attracted leading media Bloomberg Businessweek and Forbes China to interview Dreame’s CEO for a possible more in-depth report in the coming weeks.

"Innovation will be a key word for us in the next five-year period. We will expend more energy and time learning customer insights, which will also help us with our innovation and understanding of consumers’ needs," said Hao Yu, CEO of Dreame Technology, at a Bloomberg Businessweek interview.

Dreame’s grand launch also highlighted the Dreame Bot Z10 Pro featuring an auto-empty base to enable automatic dirt disposal, while the Dreame Bot W10 brings a hands-free cleaning experience by integrating robust vacuuming, efficient mopping and mop self-cleaning functions, both of which will be released shortly this year.

"We’re thrilled to engage with all visitors and media friends at AWE," said Roc Woo, Co-Founder of Dreame. "It’s a huge honor winning the AWE award this year. We will remain deeply committed to delivering the most powerful product to create an easier cleaning experience for our global users."

About Dreame Technology

Established in 2015, Dreame Technology, an innovative consumer product company focuses on smart home cleaning appliances with the vision to improve global users’ life quality through technology.

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For more information, please visit https://www.dreame-technology.com.

Media Contact:

Tianshi Yuwen
pr@dreame.tech

Lena Liu
Liuyk@dreame.tech 
+86-400-875-9511