Yearly Archives: 2022

PR Newswire

Globalization Partners’ Global Employment Platform™ Honored by Fast Company’s 2022 World Changing Ideas Awards

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Recognition comes on the heels of exponential growth and momentum for the company as it leads the future of work

BOSTON, May 3, 2022 /PRNewswire/ — Globalization Partners, the leading Global Employment Platform™ that makes it fast, simple, and compliant for companies to hire anyone, anywhere — today announced it was recognized with an honorable mention by Fast Company as a 2022 World Changing Idea. The Fast Company awards honor clean technology, innovative corporate initiatives, brave new designs for cities and buildings, and other creative works that are supporting the growth of positive social innovation, tackling social inequality, climate change, and public health crises.  

Globalization Partners Honored as a Fast Company World Changing Idea
Globalization Partners Honored as a Fast Company World Changing Idea

Globalization Partners is paving the way for a democratized, global workforce – breaking down borders and barriers that exist between companies and the global talent pool. The company established the Employer of Record category, pioneering the industry’s first technology for companies to hire and source talent efficiently and ethically anywhere in the world as quickly and easily as they’d hire talent locally. G-P recently announced $200 million funding which will drive further growth and product innovation to meet the increasing needs of customers around the globe.

“Companies are increasingly employing virtual talent — and realizing, in the process, that talent need not be constrained by nationalistic boundaries,” said Bob Cahill, CEO of Globalization Partners. “We’re thrilled to be on the forefront of innovation for the future of work when hiring international talent and encountering international markets comprise the rule and not the exception for competitive businesses— democratizing opportunities around the world.”

The Globalization Partners platform enables companies of any size to expand internationally in days and provides talent with access to a world of opportunities. Families and even communities can stay intact. Smaller companies can better compete at scale with larger incumbents. And companies can gain access to the best talent no matter where they are in the world while also realizing the benefit of globally distributed teams.

Globalization Partners’ secure, easy-to-use software includes features like an Employee Benefits Dashboard, which makes it simple and mandatory to select competitive benefits anywhere in the world. It is augmented by best-in-class HR and legal experts that provide local in-country expertise for 187 counties globally ensuring compliance and that local customs and sensitivities are considered.

A panel of eminent Fast Company editors and reporters selected winners, finalists, and honorable mentions from a pool of more than 2,997 entries across transportation, education, food, politics, technology, health, social justice, and more. In addition, several new categories have been added this year including climate, nature, water, and workplace. The 2022 awards feature entries from across the globe, from Switzerland to Hong Kong to Australia.

“We are consistently inspired by the novelty and creativity that people are applying to solve some of our society’s most pressing problems, from shelter to the climate crisis. Fast Company relishes its role in amplifying important, innovative work to address big challenges,” says David Lidsky, interim editor-in-chief of Fast Company. “Our journalists have identified some of the most ingenious initiatives to launch since the start of 2021, which we hope will both have a meaningful impact and lead others to join in being part of the solution.”

About Globalization Partners 
Hire international talent quickly and easily. Use our AI-driven, automated, Global Employment Platform™ supported by our in-house, worldwide HR experts. Trust the named industry leader that consistently attains 98 percent customer satisfaction ratings. Globalization Partners: Succeed Faster.

To learn more, please visit: globalization-partners.com or connect with us via Twitter, LinkedIn, Facebook, or check out our Blog.

About the World Changing Ideas Awards

World Changing Ideas is one of Fast Company‘s major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better. A panel of judges from across sectors choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to start working on solving the problems that affect us all.

Media Contact:
Karen Pantinas
Globalization Partners
kpantinas@globalization-partners.com 

PR Newswire

Flipkart Group has chosen Truecaller to build trust in their communication with customers

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STOCKHOLM, May 3, 2022 /PRNewswire/ — Flipkart Group, Indias largest e-commerce platform, and Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, are working together to provide customers with greater trust in communication. Truecaller’s verified Business program has further improved Flipkart’s communication with their customers and has helped them to connect faster and better.

During the first quarter, Flipkart Group which is a part of Walmart Inc. become a customer to Truecaller for Business . Truecaller for Business was launched at the end of 2020 based on a clear need for companies to be able to reach consumers with important and sometimes critical communication.

“To have India’s largest e-com platform, Flipkart Group, as a customer of ours is yet another proud moment for us as a company and one more acknowledgment of the value Truecaller for Business delivers to companies and their customers. The services offered to improve company’s communication with customers and thereby improve their business. We are very happy that Flipkart has chosen as a partner and we look forward to helping them and their customers to establish trust in their communication“, comments Alan Mamedi, CEO and co-founder.

By verifying a call or message using Truecaller, the consumer can feel confident that the information is genuine, which creates trust. Truecaller for Business has grown rapidly since its start and at the end of 2021, number of customers exceeded 1,000 companies, and among them were Uber, India, Swiggy, Airtel, Byju’s, Urban Company, HDFC Bank, and Unacademy.

For more information, please contact:
 

Andreas Frid, Head of IR & Communication
+46 705 290800
andreas.frid@truecaller.com
 

About Flipkart Group:

The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, and Cleartrip. The Group is also a majority shareholder in PhonePe, one of the leading payments apps in India. Started in 2007, Flipkart has enabled millions of consumers, sellers, merchants, and small businesses to be a part of India’s digital commerce revolution, with a registered customer base of more than 350 million, offering over 150 million products across 80+ categories. Our efforts to democratize commerce in India, drive access and affordability, delight customers, create lakhs of jobs in the ecosystem, and empower generations of entrepreneurs and MSMEs have inspired us to innovate on many industry firsts. Flipkart is known for pioneering services such as Cash on Delivery, No Cost EMI and easy returns – customer-centric innovations have made online shopping more accessible and affordable for millions of Indians. Together with its group companies, Flipkart is committed to transforming commerce in India through technology.

About Truecaller:
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for business to connect with consumers. Fraud and unwanted communication are endemic to digital economies, especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 300 million active users, with half a billion downloads since launch and around 38 billion unwanted calls identified and blocked in 2021. Headquartered in Stockholm, since 2009, we are a co-founder led, entrepreneurial company, with a highly experienced management team. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information, please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

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Renren Inc. Filed 2021 Annual Report on Form 20-F

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PHOENIX, May 2, 2022 /PRNewswire/ — Renren Inc. (NYSE: RENN) (“Renren” or the “Company“), announces today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 20-F”) with the Securities and Exchange Commission (the “SEC”) on April 29, 2022. The 2021 20-F can be accessed on the Company’s investor relations website at http://ir.renren-inc.com and on the SEC’s website at www.sec.gov. The Company will provide a hard copy of its audited consolidated financial statements contained in the 2021 20-F, free of charge, to its shareholders and ADS holders upon request. Requests can be directed to Renren Inc., 2828 N. Central Avenue Fl 7, Phoenix, Arizona, 85004 USA.

About Renren Inc.

Renren Inc. (NYSE: RENN) operates several U.S.-based SaaS businesses including Chime, an all-in-one CRM and sales acceleration platform designed to help real estate professionals close more deals faster, and Trucker Path, a suite of applications and dispatch services commercial truck drivers use to plan trips, navigate, and operate their business. Renren’s ADSs, each currently representing 45 Class A ordinary shares of the Company, are traded on NYSE under the symbol “RENN”.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are 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” and similar statements. Renren may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission (the “SEC“), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Renren’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and Renren does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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Source: Renren Inc.

PR Newswire

Wemax Go Advanced to be Released: The World’s First Ultra-Portable 1080P Laser Projector Designed for Business

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This pocket-sized plug-and-play projector will be available worldwide starting May 1st — ideal for business presentations, outdoor, or at-home use

SAN JOSE, Calif., May 2, 2022 /PRNewswire/ — Ampula, Inc. is pleased to announce the highly anticipated Wemax Go Advanced ultra-thin pocket-sized 1080P Laser Projector featuring cinema-grade ALPD® Laser Technology, available worldwide beginning May 1st. With its incredible portability and fine-tuned visual features, this new purpose-built projection solution provides users with the ability to project world-class video anytime and anywhere, making it a great companion for both business people and frequent travelers who need a simple and convenient projector that delivers top-notch clarity.

Wemax Go Advanced
Wemax Go Advanced

A first of its kind super-portable projector that sports a sleek and solid structure as thin as one inch, the Wemax Go Advanced represents a massive leap for the Wemax Go series in creating the world’s thinnest projector with unrivaled performance.

A true technological marvel, the Wemax Go Advanced is fitted with a cinema-grade ALPD® Laser, the first time in the history of projectors that the world-class Phosphor Laser Technology has been miniaturized into a body no bigger than an iPad. The technology enables a projector as compact as the Wemax Go Advanced to be exceptionally energy-efficient while delivering stellar image quality with vividness and vibrancy, even in environments where ambient light is present.

The Wemax Go Advanced delivers 102% Rec. 709 color gamut and can play an hour and a half of video at true 1080p FHD resolution, projecting sharp and crystal-clear images that come with a whopping 16.7 million distinct colors. With 600 ANSI lumens of brightness, the Wemax Go Advanced is two-times brighter than other projectors of the same size, meaning users can treat themselves to a perfectly clear viewing experience in various ambient light conditions.

Built from the ground up to be a smart projector, the Wemax Go Advanced includes features such as autofocus, intelligent obstacle avoidance, and intelligent screen alignment to give users greater convenience and flexibility. Autofocus enables the Wemax Go Advanced to re-adjust the focus within seconds to keep the image sharp. The intelligent obstacle avoidance feature detects objects on the surface to re-scale the image, while the intelligent screen alignment ensures hassle-free operation and keeps the image within the screen at all times.

The company’s patented ALPD® Laser Technology enables the Wemax Go Advanced to consume less power, allowing greater versatility. It contains USB Type-C and USB Type-A ports, giving users more options when charging from a portable power bank or connecting to other third-party devices for expanded functionality.

In addition to the HDMI port, which makes the Wemax Go Advanced the perfect choice for business presentations, users can also take advantage of the built-in Wi-Fi and Bluetooth modules to share content from their iPhone, iPad, Android devices, or laptops. Beyond its unmatched hardware configuration, the Smart OS-powered Wemax Go Advanced also provides an intuitive user interface and easy access to all the mainstream video streaming apps, so users can skip the step of screen mirroring when projecting.

With all of its industry-leading features packed into this unique form factor, the Wemax Go Advanced is a testament to the brand’s latest effort to enable users to share rich visual experiences in the business world and during outdoor activities. The product, successfully funded on Indiegogo in January 2022, will be delivered on time to all backers later this month. Starting May 1st, consumers can place orders on Wemax’s official website to enjoy 10% off with the discount code: WXA1OFFS. 

About Ampula, Inc.: WEMAX (an Ampula Inc. brand.) is a California-based technology company on a mission to provide shared rich, visual experiences wherever you go. WEMAX provides one-stop solutions to deliver visual applications that are intelligently connected with your home or small business. The team believes that maximized visual experiences not only increase our daily productivity, but also bring people together and enhance each person’s individual experience. WEMAX products create that special moment to enrich the day-to-day aspects of life. 

Una Tao
Ampula, Inc.
323-825-5038
marketing@wemax.com

Source: Ampula, lnc.

PR Newswire

Ugreen Launches New HiTune T3 Earbuds Globally

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WILMINGTON, Del., May 1, 2022 /PRNewswire/ — Today, Ugreen is announcing the global release of the HiTune T3 true wireless ANC earbuds. Before their international launch, the T3 earbuds were trialed in the UK market where they were received positive reviews.

Ugreen HiTune T3 ANC earbuds--Adopt AI Environmental Noise Cancellation (ENC) Technology for Crystal Clear Call
Ugreen HiTune T3 ANC earbuds–Adopt AI Environmental Noise Cancellation (ENC) Technology for Crystal Clear Call

Same Sound, New Color

During the international release, Ugreen will be releasing a second color option for the T3 earbuds. Previously, the earbuds were only available in white, but they will now also be available in black. The black version of the T3 earbuds will maintain the same sleek form factor and provide the same high-quality audio.

T3 Key Features

The T3 earbuds feature 10mm PU+Wool composite dynamic drivers, which offer punchy and dynamic bass without sacrificing mid and high tones.

In addition, they offer feed-forward ANC which can reduce ambient noise by 25 dB. This is a proprietary system developed by the HiTune Acoustics Lab. The ANC doesn’t produce inner ear pressure, so listeners can spend hours comfortably enjoying their music.

The T3 earbuds also feature the Real Voice 4.0 environmental noise cancellation system, which effectively filters out 90% of external noise.

Availability

HiTune T3 earbuds were launched in February on Amazon UK with a recommended retail price of £35.99. Today the T3 earbuds will launch on Amazon US, and several European Amazon stores at the price of $35.99. Additionally, they will be available on Ugreen’s Official Website around May 7th.

About HiTune

HiTune is a Ugreen sub-brand that strives to provide high-quality audio devices that the average person can afford. Good audio devices are often prohibitively expensive, but it doesn’t have to be this way.

About Ugreen

Ugreen is a global leader in consumer electronics. Ugreen is dedicated to pursuing excellence in research and development, with the goal of providing more value to electronic consumers. 

Contact:
pr@ugreen.com
Ugreen Limited
Related Links
https://www.ugreen.com/

PR Newswire

Wom- A Decentralized Music Platform Is Going to Be Launched Worldwide

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Wom platform will be launched worldwide at 2022, May, 18th 01:00 (UTC+8), when 100,000 Wom Nodes are available for pre-sale.

Wom will be implemented in stages around Wom Node, music NFT, L2E and other modules.

BREA, Calif., April 30, 2022 /PRNewswire/ —

Wom- A Decentralized Music Platform Is Going to Be Launched Worldwide
Wom- A Decentralized Music Platform Is Going to Be Launched Worldwide

The combination of music and the digital age

Founded in California in 2022, Wom Labs is a Web3.0 company that combines blockchain with music industry perfectly, thanks to the blockchain decentralization technology. It encourages contemporary musicians, creators, producers and music lovers to share and create more pure music works through a complete ecomodel of music creation, distribution, trading and sharing. Adhering to the ecological principle of “benefiting the music fans and listeners”, it sets up a bridge for music creators and fans to communicate directly.

Led by OG: G-Stark, a blockchain that manages listed companies, Wom Labs is co-produced by well-known musicians and towering figures from Tencent, ByteDance, SEA and miHoYo. Wom Labs boasts a full-time MOD team, members of which are highly experienced and will support Wom Labs’ community operation. So far, Wom Labs has recruited many musicians to boost the early promotion and successfully established the media matrix, hoping to create a new era of digital music.

Wom, a decentralized platform for global musicians

Wom is Wom Labs’ new music NFT platform in the Web3.0 era, which focuses on a fair, transparent, shared, open and immersive music ecosystem. Creators may easily create and issue NFT through Wom, and have access to the revenues in connection with their creation, either as lyricists, composers, singers or otherwise, or as independent musicians. Thanks to NFT and smart contract, all creation benefits are vested in creators and copyright owners, to the extent that authors have absolute control over their works. Besides, Wom can tailor cooperation programs and income distribution mechanisms for copyright companies to ensure that copyright owners gain benefits in the Web3.0 world. Wom is a platform for win-win cooperation in the Web3.0 era.

Wom, a new world for music lovers

Wom is a decentralized social platform driven by music culture. Here, fans can buy the creators’ NFT and works and communicate with their favorite creators directly. Music lovers can get value back by listening to music for free, make content consumption become value investing, and derive benefits from hobbies and tastes. Far away from the influence of politics, region and policy, Wom will provide a better creative environment and a more pure free socializing.

Wom Node，Basic Building Block of Web 3.0 Wom’s Platform

Wom Node is the infrastructure leading to Web3.0 and will be deployed in different parts of the globe by the distributed technology. With Wom Node’s distributed servers, holders may provide storage and hosting capabilities for the decentralized network of Wom, thus facilitating the sustained development of Wom.

A small number of Wom Nodes will be distributed (not purchased) to Wom’s music initiators, ecological contributors and partners. They will be the guardians of Wom and contribute to the sustainable development of the whole ecosystem.

Wom Node holders will, with the sustained development and ecological building of the Wom platform, receive rewards from Wom according to the fixed distribution logic. To put it simply, the more flowing music NFT in the Wom, the more connections, interactions, exchanges and value delivery between music fans and creators, and the more sound ecosystem. In this case, Wom Node will be of more significance as the infrastructure ecosystem of the Wom.

Keeping pace with the times for the future of Wom

NFT-Avatar, the first NFT issued on the Wom platform, will be introduced to the Wom community as a metaverse avatar, linking the Wom individuals into a decentralized autonomous organization.

The Wom platform allows musicians to issue NFT and self-define the forming of club members, fans PASS, free access to songs, collections, works of art, and music albums, etc.

In order to facilitate the dissemination of Web3.0 music culture, Wom will invite world-famous musicians to co-organize WOM offline music festivals. Wom World Music Tour will be held with WOM Awards, which are favored by global musicians and also Wom’s direction of efforts.

Wom, a new music benchmark in the Web3.0 era

The world today is a digital age, and so is music. Music and technology have always been tied together in every leap forward, ranging from records to tapes and from offline to online. As new technologies and concepts such as 5G, blockchain, AI and metaverse are emerging rapidly, our ways of music creation and release have changed dramatically.

Wom is an industry revolution of “blockchain + music”. In the Wom, everyone can be a music creator and every user can enjoy an auditory carnival of lossless tone quality for free. Keeping good music updated online, Wom draws musicians and listeners closer, and brings music back to its own purity and freedom.

In the Web3.0 era, Wom will bring you to a new world of digital music. Are you ready to be a witness?

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PR Newswire

InstaForex: international broker with 15 years of experience in global financial markets

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LIMASSOL, Cyprus, April 30, 2022 /PRNewswire/ — These days, InstaForex celebrates its 15th anniversary. Shortly after its foundation in 2007, the international broker signed a cooperation agreement with MetaQuotes Software, an industry leader in online trading software.

InstaForex is chosen by millions of traders from around the world
InstaForex is chosen by millions of traders from around the world

Since then, InstaForex has grown not just into a reliable broker providing access to all global financial markets but also a progressive fintech company. The brand has chosen innovation as its top priority.

InstaForex was one of the first brokers to introduce trust management technologies and give its clients an opportunity to copy trades of successful traders. The company also developed its own services – PAMM and ForexCopy systems.

The company continues to expand its services worldwide. Nowadays, InstaForex has representative offices all across the globe and works with traders from all over the world. Its clients have already opened more than 7 million trading accounts.

Favorable trading conditions are not the only thing that makes the broker so popular. InstaForex also provides one of the best bonus programs in the market and holds various contests and giveaways on a regular basis.

Along with public recognition, InstaForex has a high-performance rating. It has won prestigious awards and has been recognized as the best broker in Asia, Eastern Europe, and the CIS multiple times.

Being selected as the Most Active Broker in Asia by AtoZ Markets Forex Awards and the Best Affiliate Program by UK-based Global Brands Magazine are among the broker’s latest achievements.

Over the years, InstaForex has cooperated with many world-famous sports stars, including  Norwegian biathlete Ole Einar Bjørndalen, tennis players Victoria Azarenka and Daria Kasatkina and many other athletes.

Nowadays, InstaForex brand ambassadors are three-time Olympic swimming champion Yuliya Efimova, grandmaster Viswanathan Anand, top racer Ales Loprais, as well as world Muay Thai champion Vladimir Moravcik.

The broker also cooperates with entire sports teams. Its partners are German football club Borussia Dortmund, Slovak hockey club Zvolen, and US racing team Dragon Racing.

In addition, InstaForex is the title sponsor of InstaForex Loprais Team, a well-known rally crew, which once again proves that the company strives to be the best at everything. The broker always makes every effort to meet the highest quality standards both in terms of trading conditions and customer services.

PR Newswire

MatchCraft Again Recognized as Global Rising Star of the Year at Microsoft Advertising Partner Awards

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LOS ANGELES, April 30, 2022 /PRNewswire/ — MatchCraft, a global leader in digital advertising technology, was again recognized by Microsoft Advertising, this time as the Global Rising Star of the Year. MatchCraft took home the top prize for its global focus on integrating features that drive both scalability, feature adoption, and growth for its reseller and agency partners.

MatchCraft Named Global Rising Star of the Year by Microsoft Advertising.
MatchCraft Named Global Rising Star of the Year by Microsoft Advertising.

At the heart of MatchCraft’s vision and mission is its ability to deliver consistent results across multiple channels and to do so in a scalable manner. A critical component of their success is the inclusion of Microsoft Advertising inventory in their suite of solutions. “Given the challenges local businesses have faced around the world, maximizing advertising budgets and reach was the driving force behind much of our development in 2021,” says Sandy Lohr, CEO of MatchCraft. “To be recognized a second time, not just for our efforts in the Americas but Globally, is truly an honor and speaks to the strength of our partnership with Microsoft Advertising.”

“Microsoft Advertising is delighted to show our appreciation and acknowledge the well-deserved recognition for MatchCraft as the Global Rising Star of the Year. Our partners are critical to our business and it’s a privilege to recognize those who lead with a spirit of collaboration, innovation, and inclusive behavior. Our partners have displayed a strong commitment to their clients, and to their communities during a time of uncertainty and disruption,” added Sean O’Connor, International Marketing Director at Microsoft Advertising.

About MatchCraft

MatchCraft provides a best-in-class advertising platform that enables companies to successfully sell and manage search, display, and social campaigns for their advertisers. Unlike other advertising technology platforms, MatchCraft’s platform AdVantageTM helps organizations efficiently manage campaigns of all sizes, enabling clients to deliver results to their advertisers. MatchCraft’s sophisticated real-time bidding algorithms, and a team of digital marketing enthusiasts, work relentlessly to deliver exceptional ROI for merchants around the world. MatchCraft is a fully remote company with team members across the US, Europe, Mexico, and India. 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.

About Microsoft Advertising

Represent your brand at its best with advertising solutions guided by an uncompromising respect for privacy, brand safety, and data security. Microsoft Advertising provides intelligent solutions that empower you to deliver engaging, personalized experiences to over a half a billion people worldwide. Bing powers billions of searches monthly on the Microsoft Search Network, including Verizon Media properties (AOL, Yahoo), platforms like Amazon and Apple, and on Microsoft services like Windows, Office and Microsoft Edge. Extend your reach and campaign performance with Microsoft Audience Network, high-quality native placements across devices on premium sites like MSN, Outlook.com, Microsoft Edge, and Verizon Media. Only Microsoft Advertising offers LinkedIn Profile targeting on search and native to help you find highly relevant audiences based on their company, job function and industry. With Microsoft Advertising, gain access to in-depth insights, intelligent advertising tools that use AI to improve campaign performance and audience targeting solutions to create more personalized advertising experiences. Microsoft Advertising. Intelligent connections.

Contact: Amie Slott, info@matchcraft.com

PR Newswire

Tuniu Corporation Files Its Annual Report on Form 20-F

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NANJING, China, April 30, 2022 /PRNewswire/ — Tuniu Corporation (NASDAQ:TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission. The annual report can be accessed on the Company´s investor relations website at http://ir.tuniu.com or the SEC´s website at www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Investor Relations Department at Tuniu Building, No.32 Suningdadao, Xuanwu District, Nanjing, Jiangsu Province 210042, The People´s Republic of China.

About Tuniu Corporation

Tuniu (Nasdaq:TOUR) is a leading online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu covers over 420 departing cities throughout China and all popular destinations worldwide. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.

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Midea Group Reports 2021 Annual Performance: Revenue and Profit Hit Historical High

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FOSHAN, China, April 30, 2022 /PRNewswire/ — Midea Group Co., Ltd. (000333.SZ) has published its 2021 annual report. The company’s total revenue grew 20.2% in 2021, reaching an all-time high of RMB343.4 billion.

Despite the pandemic’s numerous hurdles, including global supply chain challenges and rising costs in raw materials and shipping, Midea achieved RMB29 billion in net profit, a YoY increase of 5.5%, showing continued growth in revenue and profit.   

The past year has been a showcase of Midea’s achievements. Midea’s annual revenue and profit hit a record high. It was listed on Fortune Global 500 for its sixth consecutive years and selected by Forbes China as one of China’s top 10 industrial digital transformation companies. The World Economic Forum recognized Midea Group as a pioneer in the Fourth Industrial Revolution for the third time. In addition, four Midea factories have joined the World Economic Forum’s Global Lighthouse Network.

Last year, Midea set up an innovative and agile R&D system for product digitization, promoted “Efficiency Improvement” across its offline sales channels, leveraged digital intelligence to meet its target “Direct to Users”, achieved big data operationalization and realized improvements in internal efficiency. Empowered by its global pool of scientific talents and innovation ecosystem, Midea has been seeking breakthroughs in overseas markets with advanced technology as well as production efficiency and capacity.

Midea has revealed its plans to develop both B2B and B2C business models and increase sales in the domestic and overseas markets concurrently. The company will continue to focus on long-term investments on technology and digital transformation and accelerate the upgrade of its smart products and smart home business. At the same time, Midea will also kickstart a second growth curve by riding on its four business engines of robotics and automation, building technologies, energy management and smart travel to realize its ultimate aim of transforming Midea from a world-leading home appliance company into an innovation-driven technology group.

About Midea Group Co., Ltd.

With a vision of “bringing great innovations to life”, Midea Group has upheld its philosophy of creating a better life with technology for 54 years since its establishment. Over the past five years, Midea has invested nearly RMB45 billion in R&D. It has 35 R&D centers and 35 major production bases across the globe. Midea products and services are used by an estimated 400 million consumers in over 200 countries and regions.