Category Archives: PR Newswire

iClick Interactive Listed in the Top 10 Ad Management Companies 2020 by CIO Advisor APAC

HONG KONG, April 29, 2020 /PRNewswire/ — iClick Interactive Asia Group Limited (“iClick” or the “Company”) (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has been listed as one of the “Top 10 Ad Management Companies 2020” by CIO Advisor APAC. iClick was also listed by the publication as Top 10 APAC Digital Marketing Solution Providers-2019 last year.

“We are delighted to receive these prestigious accolades which recognize our strong capabilities in both digital marketing and ad management. One of iClick’s fundamental goals is to use advanced marketing technologies to help international brands reach the right audiences in China and optimize their business and marketing efforts. Through our Integrated Enterprise and Marketing Cloud Platform combined with our close understanding of market trends, we help customers turn online and offline data into actionable and monetizable insights.” said Sammy Hsieh, Co-founder and Chairman of the Board of Directors of iClick.

“With the outbreak of COVID-19 driving a shift in consumer habits even faster towards e-commerce, effective online marketing has become more in-demand than ever. On top of our core advertising business, iClick will continue to develop innovative products and solutions to create value for our customers by leveraging our R&D capabilities in cloud and AI technologies,” Hsieh added.

iClick has increased the range of its digital offerings and partnerships in the APAC region throughout the past year. In 2019, iClick collaborated with BTG WELINK, the online retail services arm of Beijing Tourism Group, to create a unified customer relationship system spanning 100 brands and eight industries using iClick’s Enterprise Solutions. iClick has also continued to build on its core marketing product lines, including the data management platform, iAudience and its one-stop cross-channel solution built for agencies and brands, iAccess. Today, iClick’s marketing platform covers 98% of internet users in China, with over 825 million Chinese consumer datasets.

Sammy Hsieh was also featured in the April 2020 edition of CIO Advisor’s Ad Management magazine highlighting iClick’s services and achievements in the advertising industry. The article is available here.

– End –

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ:ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfills various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in nine locations worldwide including Asia and Europe.

About the CIO Advisor Top 10 lists

CIO Advisor is a print magazine providing a knowledge network for tech professionals across the Asia Pacific-Region. The “Top 10 Ad Management Companies 2020” award honors the accomplishments of marketing companies. The shortlisted winners are chosen by a distinguished panel comprised of CEOs, CIOs, VCs, analysts and CIO Advisor’s editorial board. The “Top 10 APAC Digital Marketing Solutions Companies 2020” considers the need for digital marketing experts in enterprises and identifies the leading service providers in the region based on a comprehensive study.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of 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,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For media inquiries:
iClick Interactive Asia Group Limited
Lisa Li
Phone: (86) 21-3230-3931 #892
Email: press@i-click.com

Paradigm Consulting
Helen Lam / Vivienne Lam
Phone: (852) 2251 9082 / (852) 2377 1408
Email: helen.lam@paradigmconsulting.com.hk / vivienne.lam@paradigmconsulting.com.hk

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Percepto Lauded by Frost & Sullivan for Accelerating Clients’ Decision-Making with its Emerging Technology-led Autonomous Drone Solution

Percepto incorporates proprietary AI, ML, and analytics capabilities into its solutions to execute and manage events autonomously and ultimately, reduce operational downtime

SANTA CLARA, Calif., April 29, 2020 /PRNewswire/ — Based on its recent analysis of the global autonomous drones market, Frost & Sullivan recognizes Israel-based Percepto with 2020 Global Enabling Technology Leadership Award for its best-in-class, end-to-end autonomous drone-in-a-box solution. Comprising the Sparrow drone, Percepto Base, and comprehensive data management and analytics software, the Percepto Solution performs a range of tasks such as inspections, measurements, and surveillance. Its proprietary advanced analytics, Artificial Intelligence (AI), computer vision, and machine learning (ML) boosts the functionality and value of the platform, giving it a significant competitive edge over other solutions.

Percepto
Percepto

“Operators can remotely start, monitor, and complete tasks with Percepto’s autonomous, intelligent drones through the cloud-based, user-intuitive dashboard, allowing them to continue their business operations from anywhere in the world,” said Michael Blades Industry Analyst and VP of Aerospace, Defense & Security. “It notifies operators in real time, enabling operations and security teams to respond to incidents proactively, ultimately optimizing productivity, safety, and security. Further, it monitors a client’s worksite for any external interference, such as a malicious or unauthorized individual, drone, or vehicle; safety risks such as leaking pipes, or improper safety practices such as an employee not wearing a hard hat or high-visibility safety vest.” The main cost savings comes from consistent and persistent inspection, proactive monitoring and active reporting that the system provides.

Meanwhile, with the outbreak of COVID-19, businesses are rethinking their business continuity strategies, their ability to maintain efficiencies while many employees cannot get to the site, and the response to emergencies. In this scenario, autonomous solutions that take critical actions on behalf of operators are emerging as new best practices, The Percepto Solution’s ability to operate in harsh weather conditions and integrate seamlessly with third-party technologies makes it the ideal tool for operators in diverse industries including automotive, critical infrastructure, defense, industrial, mines, ports, and utilities.

The company works closely with the Federal Aviation Administration (FAA) in the United States to stay abreast of new drone regulations and flight programs and to obtain regulatory approvals. Approvals such as remote flight controls and operations without a visual observer when flying beyond visual line of sight (BVLOS) increase the versatility and ROI of each system deployed. Percepto’s drones enable clients to optimize security and inspection practices by autonomously completing tasks such as perimeter patrols and infrastructure inspections.

“Percepto complements its technology with stellar customer support and an unwavering commitment to meeting business-specific needs for clients,” noted Blades. “In 2019, Percepto added fully-automated high-resolution two-dimensional mapping capabilities and three-dimensional modeling to meet customer and market demands. The company’s customer base and revenues continue to grow as potential clients and existing customers recognize its unique drone offering and price/performance value.”

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of new products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Lindsey Whitaker
P: +1 (210) 477-8457
E: lindsey.whitaker@frost.com

About Percepto

Percepto is the market leader of on-site autonomous drone solutions for critical infrastructures and industrial sites. Operating with no need for human intervention, Percepto’s autonomous Sparrow drones perform multi missions, around the clock. The solution is ideally suited to any large-scale enterprises looking to increase productivity, improve security and reduce safety risks and operational costs. Organizations using the Percepto solution are better aware of events taking place, allowing them to be proactive and more efficient in addressing risks and operational needs. The Percepto Solution is currently in use around the world including Enel in Europe, as well as a number of Fortune 500 organizations.

info@percepto.co 

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Weibo Files its Annual Report on Form 20-F

BEIJING, April 29, 2020 /PRNewswire/ — Weibo Corporation (the “Weibo” or “Company”) (Nasdaq: WB), China’s leading social media platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission on April 29, 2020. The annual report can be accessed on Weibo’s investor relations website at http://ir.weibo.com. 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 Investor Relations, Weibo Corporation, No.8 SINA Plaza, Courtyard 10, XiBeiWang, Haidian District, Beijing 100193, China.

About Weibo

Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.

Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. The Company generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Designed with a “mobile first” philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. To support the mobile format, we have developed and continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness.

Contact:

Investor Relations
Weibo Corporation
Tel: +86 10 5898-3336
Email: ir@staff.weibo.com

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SINA Files Annual Report on Form 20-F for Fiscal Year 2019

BEIJING, April 29, 2020 /PRNewswire/ — SINA Corporation (the “Company”) (Nasdaq: SINA), a leading online media company serving China and the global Chinese communities, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Security and Exchange Commission on April 29, 2020. The annual report, which contains its audited financial statements, can be accessed on the SEC’s website at http://www.sec.gov as well as on the Company’s investor relations website: http://corp.sina.com.cn. Shareholders may receive a hard copy of the annual report free of charge upon request.

About SINA

SINA is a leading online media company serving China and the global Chinese communities. Its digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile apps) and Weibo (social media) enables internet users to access professional media and user generated content in multi-media formats from personal computers and mobile devices and share their interests with friends and acquaintances.

SINA.com offers distinct and targeted professional content on each of its region-specific websites and a full range of complementary offerings. SINA mobile provides news information, professional and entertainment content customized for mobile users through mobile applications and mobile portal site SINA.cn.

Weibo is a leading social media platform for people to create, distribute and discover content. Based on an open platform architecture, Weibo provides unprecedented and simple way for people and organizations to publicly express themselves in real time, interact with others on a massive global platform and stay connected with the world.

Through these properties and other product lines, SINA offer an array of online media and social media services to its users to create a rich canvas for businesses and advertisers to effectively connect and engage with their targeted audiences.

Contact:
Investor Relations
SINA Corporation
Phone: +86-10-5898-3336
Email: ir@staff.sina.com.cn

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China Mobile Limited 2019 Annual Report on Form 20-F Filed with the US SEC

HONG KONG, April 29, 2020 /PRNewswire/ — China Mobile Limited (the “Company”) (HKEx: 941) (NYSE: CHL) announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2019 (the “2019 Form 20-F”) with the U.S. Securities and Exchange Commission.

The 2019 Form 20-F is available on the Investor Relations section of the Company’s website at http://www.chinamobileltd.com and on the SEC’s website at http://www.sec.gov. Shareholders may also request a hard copy of the Company’s complete audited financial statements, free of charge, by contacting the Company at Investor Relations Department, China Mobile Limited, 60/F, The Center, 99 Queen’s Road Central, Hong Kong (Email: ir@chinamobilehk.com; Telephone: 852-3121-8888; Fax: 852-2511-9092).

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Huawei Launches the Storage Server of Tomorrow-The Next-Gen FusionServer Pro 2298 V5

SHENZHEN, China, April 29, 2020 /PRNewswire/ — Huawei Computing Product Line unveils the next-gen FusionServer Pro 2298 V5, a 2U 2-socket storage rack server that provides up to 450 TB storage capacity. Designed to resolve the problems of low storage capacity and limited room space, it is a smart choice for customers looking to deploy a high-density and large-capacity storage solution in their data centers.

The Huawei next-generation FusionServer Pro 2298 V5 storage server
The Huawei next-generation FusionServer Pro 2298 V5 storage server

The FusionServer Pro 2298 V5 storage server is a cutting-edge product running on the Cascade Lake Refresh processor, the newest member of the Intel® Xeon® Scalable processor family, and the server supports the Intel® Optane™ DC persistent memory (DCPMM). The Cascade Lake Refresh processor offers a base frequency up to 3.9 GHz with a 4.5 GHz turbo boost, a new height for Intel’s Xeon lineup. It supports more cores and provides higher hyper-threading processing capabilities, delivering a performance that is 36% higher than its predecessors.

The FusionServer Pro 2298 V5 can house 24 3.5-inch and 4 2.5-inch drives, as well as 4 NVMe SSDs, in a 2U space, providing up to 450 TB storage capacity. It offers high density, performance, and scalability for enterprise customers, helping you seamlessly handle the mass data generated in daily services. Thanks to its easy maintenance and management, this server helps slash the high O&M costs, a pain point that has haunted industry customers for years. This storage server is tailored to a wide range of scenarios, such as the distributed storage, software-defined storage, big data analytics, video, data backup, archiving, and data-intensive warm and cold storage. It offers large-capacity and cost-effective storage for enterprise customers in the Internet and carrier industries.

FusionServer Pro 2298 V5 equipped with 24 3.5-inch front drives
FusionServer Pro 2298 V5 equipped with 24 3.5-inch front drives

The FusionServer 2298 V5 boasts the following advantages:

  • Ultra-large storage: Supports various drive configurations and provides elastic storage capacity, meeting upgrade requirements at different storage capacity levels. Supports SATA/SAS SSDs or PCIe NVMe SSDs as the cache, improving drive read/write performance.
  • High I/O expandability: Provides diverse network ports, such as four PCIe 3.0 slots, two 10GE and two GE LOM ports, as well as one OCP mezzanine card 2.0.
  • System acceleration: Supports two SATA M.2 SSDs for independent OS installation and high-speed startup. The two M.2 SSDs provide capacity options of 32, 64, 240, and 480 GB, and support hot swap and hardware RAID. All these features ensure the OS high reliability.

Many customers are looking for ways to improve their system performance but at a lower energy consumption. The Huawei FusionServer 2298 V5 answers this pain point. It adopts an intelligent power management design and capitalizes on the power capping technology to help customers improve deployment density. In addition, the Huawei-patented Dynamic Energy Management Technology (DEMT) automatically monitors resource usage based on service loads and dynamically adjusts the minimum power based on resource utilization for solid and reliable server running. In doing so, the server power consumption is minimized without compromising service running, all while reducing your operating expense (OPEX).

Huawei has a proven track record of being a server supplier of both quality and quantity. According to Gartner, the world’s leading research and advisory company, the total shipment of the Huawei x86-based servers from 2012 to 2019 amounted to 4.31 million units. The sales performance peaked in 2019 when the Huawei 4-socket servers topped the world in terms of shipment and sales volumes for that year. As a global strategic partner of Intel, Huawei has been adhering to a customer-centric approach and making unswerving commitments to the digital transformation of enterprises for the success of customers. A more intelligent data center is critical to fulfilling this commitment. To this end, Huawei is collaborating with Intel to provide high-performance, energy-efficient, secure, and reliable products and solutions.

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 
http://www.twitter.com/Huawei 
http://www.facebook.com/Huawei 
http://www.youtube.com/Huawei

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Sogou Unveils Upgrades to its AI-Driven Multilingual Mobile Keyboard

BEIJING, April 29, 2020 /PRNewswire/ — Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, released its Sogou Mobile Keyboard 10.8, the latest version of the Sogou Mobile Keyboard. Powered by Sogou’s leading AI technologies, the latest upgrade features new multilingual voice-based transcription and translation services, supports language input in four more languages, and offers improved accuracy rates for voice inputs.

As the most popular Chinese-language mobile input app by number of monthly active users, the Sogou Mobile Keyboard makes communication easier and more efficient for millions of individuals. By enhancing the user experience and enabling people to communicate smoothly across multiple languages, the Sogou Mobile Keyboard continues to break down language barriers.

Multilingual Translation and Transcription

The Sogou Mobile Keyboard 10.8 now supports voice-based translation between Chinese and seven foreign languages, including English, French, Spanish, Russian, German, Japanese, and Korean. It also provides voice transcription services for nine foreign languages and ten Chinese dialects with an 85% accuracy rate.   

Voice-based translation in real-time
Voice-based translation in real-time

Supports Language Input in Eight Languages

The latest version also supports language input in Spanish, Russian, Arabic, and French, building on the existing keyboards in Chinese, English, Japanese and Korean. Users can easily communicate in multiple languages without switching between different input methods.

Further, to help users communicate more eloquently, the English keyboard comes with a thesaurus that provides a large collection of synonyms for over 4,000 commonly used words. Users simply tap a word and its synonyms pop up.

Enhanced Voice Input Experience

The Sogou Mobile Keyboard 10.8 also features an upgraded voice input system, with the voice recognition accuracy rate for speech entered from a distance increasing by 30% and by 20% for speech in Mandarin, compared with the previous version. Further, when pronunciation is unclear or inaudible, the smart keyboard recommends possible words for users to choose from. 

In addition, the revamped Sogou Mobile Keyboard provides a full suite of features to enrich user interactions and offer a more personalized experience, including sentence correction, text prediction, and smart recommendations.

With the latest upgrades to the Sogou Mobile Keyboard,  Sogou showcases its continued commitment to making communication easier for millions of users at home and abroad by leveraging its AI capabilities in voice, image, natural language processing, and machine learning.

Safe Harbor Statement

This announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates, and projections, which involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, intense competition in the market for search and search-related services; our need to continually innovate and adapt in order to grow our business; our reliance on Tencent platforms for a significant portion of our user traffic; and uncertainty regarding the extent and reach of PRC governmental regulation of sponsored search. Further information regarding these and other risks is included in Sogou’s Annual Report on Form 20-F for the year ended December 31, 2019 filed with the Securities and Exchange Commission on April 21, 2020, and other documents Sogou files with or submits to the Securities and Exchange Commission.

About Sogou

Sogou Inc. (NYSE: SOGO) is an innovator in search and a leader in China’s internet industry. With a mission to make it easy to communicate and get information, Sogou has grown to become the second-largest search engine by mobile queries and the fourth largest internet company by MAU in China. Sogou has a wide range of innovative products and services, including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC. Sogou is also at the forefront of AI development and has made significant breakthroughs in voice and image technologies, machine translation, and Q&A, which have been successfully integrated into our products and services.

For media enquiries, please contact:

Yadan Ouyang
Brunswick Group
Tel: +86 10 5960-8600
Email: sogou@brunswickgroup.com

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Source: Sogou Inc.

“Black Desert Mobile” Introduces Merchantry: A New System of World Trade

SEOUL, South Korea, April 29, 2020 /PRNewswire/ — Pearl Abyss announced today the addition of Merchantry, a new system of world trade in Black Desert Mobile. Adventurers can take this opportunity to trade regional specialties across the in-game world for large amounts of silver and various rewards.

Black Desert Mobile Introduces Merchantry: A New System of World Trade
Black Desert Mobile Introduces Merchantry: A New System of World Trade

Adventurers can begin trading regional specialties through Trade Vendors found in each village. They need a carriage, a horse, and four workers available in their camp for Merchantry to begin. Camp workers that participate in Merchantry will gain EXP points and level up. Adventurers will also gain rewards for not only leveling up their camp workers through Merchantry but also for completing special events that occur during trade missions.

In addition, Pearl Abyss will be hosting the second season of “Black Desert Mobile World Championship – Ramoness.” Ramoness is a 3 vs 3 PvP mode in Black Desert Mobile where Adventurers can gain points by defeating opponents and destroying various objects. The team that earns the most points at the end of the match will be declared the winners and will be rewarded. 

The registration for this special tournament is now open with more details to come shortly. Adventurers who wish to participate are highly encouraged to start recruiting team members and preparing themselves to become the most powerful players in the world of Black Desert Mobile.

Visit Black Desert Mobile‘s official website for more information.

About Black Desert

Black Desert is Pearl Abyss’ open-world action MMORPG with cutting-edge visuals and skill-based combat that redefines the genre. With the most developed character customization system of any game currently on the market, users can break out of the norm and make unique characters that truly represent themselves. Its intuitive controls, beautifully designed world, and extensive lore will excite both newcomers and veterans of MMO games and action RPGs.  

About Pearl Abyss

Best known for the MMORPG franchise Black Desert, Pearl Abyss is a leading developer in the game industry. Established in 2010, Pearl Abyss has since developed Black Desert for PC, mobile, and console, and is developing Shadow Arena for PC and console. All of Pearl Abyss’ games are built on the company’s own proprietary engine and are renowned for their cutting-edge graphics. The company is also developing Crimson Desert, DokeV, and PLAN 8 and is poised to continue its growth through 2020 and maintain its position as one of Asia’s leaders in game development. More information about Pearl Abyss is available at: www.pearlabyss.com

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Airwallex Bolsters Leadership Team with Global Brand Veteran

HONG KONG, April 29, 2020 /PRNewswire/ — Global fintech leader Airwallex today announced that Susan Ho has joined its team as SVP Brand, Communications and Partnerships to drive the group’s efforts to build a world-class brand and reputation, strengthen strategic partnerships and expand its global business.

Ho’s appointment follows Airwallex’s recent announcement about its record US$160million Series D fundraising to accelerate worldwide growth plans through customer acquisition and licensing, further product development and acquisitions to fast-track offerings.

Jack Zhang, CEO and Co-founder of Airwallex, reiterated, “The world is becoming increasingly digital and current conditions demand that global businesses reassess how they operate, particularly with regards to the kinds of financial services solutions they use.”

“Susan’s appointment signals our ambition to strengthen the Airwallex brand and position ourselves to be the preferred financial services platform for clients today and businesses of the future.” Zhang said.

Ho added, “Anyone interested in operating their business better and more efficiently should consider Airwallex. What attracted me to Airwallex was the strength of its products and technology infrastructure, and calibre of the people. I am excited to be part of a team who continues to revolutionise how businesses will use financial services.”

Ho was formerly Head of Brunswick’s Hong Kong office where she was instrumental in building a premium reputation for the corporate advisory firm amongst its clients and staff. Prior to that, Ho came from a long career in Standard Chartered Bank, working in its corporate and retail banking business and leaving a legacy of the bank’s brand promise “Here for good” and its Liverpool FC sponsorship. Ho is Malaysian-Chinese and currently serves as Governor at Maggie’s Cancer Centre and Board Director of AFS Hong Kong Cultural Exchange.

Airwallex also recently expanded Kai Wu’s role to Greater China CEO on top of his CFO responsibilities, in a progression of steps to strengthen its management bench. This follows another recent high-profile appointment, Jeanette Chan, one of Asia Pacific’s most reputed legal advisors, as Chief Compliance Officer and General Counsel. 

NOTES TO MEDIA

For further information
You can access images of Susan Ho, Kai Wu and Jeanette Chan here. If you have any questions or would like to request further information, please contact Kristen Wang, Airwallex at kristen.wang@airwallex.com

About Airwallex

Airwallex was founded in Melbourne, Australia in 2015 with a simple goal – to push the boundaries of global financial services capabilities in an increasingly borderless world. Airwallex has since secured over $360 million USD in external funding, supported by top-tier investors including Tencent, Sequoia Capital China, DST Global, Hillhouse Capital, Horizons Ventures, ANZi Ventures, Square Peg Capital, Gobi Partners and Salesforce Ventures. The company’s core strength lies in its proprietary tech-driven infrastructure to enable low-cost, high-speed and transparent international collections and payments (accessible via API), its business account and borderless card which helps businesses grow both domestically and internationally. Airwallex has grown to over 420 employees across 10 international offices (Melbourne, Hong Kong, Shanghai, Shenzhen, Beijing, Singapore, London, San Francisco, Tokyo and Bangalore). www.airwallex.com 

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AxiomSL releases regulatory disclosure support for financial institutions participating in the Australian government’s COVID-19 SME Guarantee Scheme

SYDNEY, April 29, 2020 /PRNewswire/ — AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, today announces they have provided clients in Australia with a new release of their Australian Prudential Regulation Authority (APRA) reporting solution, to incorporate the brand new ARS 920 (COVID-19 SME guarantee scheme) requirements. This scheme was announced on 16 April 2020 and AxiomSL is pleased to deliver an automated solution for this weekly report, before the first collection date on 1 May 2020.  

This new reporting standard has been recently released by APRA and has a very short runway, before being effective due to the pressing nature of the COVID-19 situation, both locally and globally. This collection includes granular levels of individual loan-level data, following the global trend for regulators to ask for more detailed information on a much quicker reporting cycle. This trend can also be seen with APRA’s recent announcement about new data collections around the early release initiative for superannuation funds and Registered Superannuation Entities (RSEs), with a weekly reporting schedule.

Andrew Wood, Country Manager (Australia) AxiomSL, said: “I’m exceptionally proud of the way our local and international teams have adjusted their daily working practices to deliver throughout this pandemic.  The rapid release of ARS 920 is an example of how client and supplier teams need to work closely together as new risk and regulatory obligations emerge during this period of disruption.”

About AxiomSL
AxiomSL is a global leader in risk analytics, data-management, and regulatory-reporting solutions. Leveraging more than 25 years’ experience, AxiomSL combines its deep industry experience and intelligent data-management platform to deliver solutions and services around regulatory and risk reporting, liquidity, capital and credit, operations, trade and transactions, and tax analytics. The platform can be deployed on premise or on the cloud. Its client base spans regional and global financial institutions with more than $43 trillion in total assets and investment managers with more than $11 trillion in assets under management. Its coverage encompasses more than 110 regulators across 55 jurisdictions. AxiomSL is in the top 20 of the Chartis RiskTech100® 2020 ranking.

For more information, visit www.axiomsl.com.

Contact us
Gan Rachael
Associate Marketing Manager, AxiomSL APAC
+65 6955 7660
rgan@axiomsl.com

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