Tag Archives: CXP

PR Newswire

Rebound Plastic Exchange ready to unlock new opportunities for recycled plastics in Hong Kong

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Rebound Plastic Exchange, a quality assured global trading platform for recycled plastics, will ensure transparency whilst facilitating cross border trade to unlock circularity worldwide.

ABU DHABI, UAE, Dec. 9, 2022 /PRNewswire/ — Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastics, is ready to enter the Hong Kong market in full swing following its increased activity across the Middle East, North America, Latin America, India, Southeast Asia and Europe. The global marketplace promises quality assurance and trust by vetting the members and listings posted onto the marketplace, thus helping Hong Kong and the industry achieve its targets and keep plastic out of the environment.

In 2016, Hong Kong exported nearly 1.78 million tonnes[1] of recycled plastic waste to China, most than any other country in the world. In 2020, plastics still made up 21% of the city’s total municipal solid waste (MSW), though with a 27% increase in locally recycled plastics[2] . The Hong Kong Legislative Council then passed the Waste Charging Scheme in 2021 with hopes to reduce per capita waste disposal by 45% and increase recycling rates by 55%[3]. As the highly anticipated scheme is about to begin in 2023, and with the new Waste Blueprint for Hong Kong 2035 entering into force, Rebound Plastic Exchange is ready to enable the city to unlock more investment opportunities to support its growing recycling targets and initiatives.

Maryam Al Mansoori, General Manager, Rebound Plastic Exchange, said, “Recent data shows plastic waste represents approximately 20% of municipal solid waste disposal in Hong Kong. [4] This statistic could very well be leveraged as the world’s plastics market is forecasted to reach $46.6 bn by 2025.”

Rebound Plastic Exchange’s increased activity in Hong Kong will only complement the regional government’s commitments towards the Basel Convention’s Amendments on the trade of plastic and thus unlocking the world’s plastics, one country at a time. Active buyers and sellers on Rebound Plastic Exchange come from over 21 countries, helping source plastic feedstock at the preferred price ranges.

Industry members, whether buyers or sellers of recycled plastics, can register on Rebound Plastic Exchange free of charge and access a global marketplace for quality assured feedstock.

[1] https://ourworldindata.org/grapher/plastic-exports-to-china

[2] https://www.wastereduction.gov.hk/sites/default/files/msw2020.pdf

[3] https://www.wastereduction.gov.hk/en/index.htm

[4] https://www.gov.hk/en/residents/environment/waste/management/prsplastic.htm

PR Newswire

Investor Communications firm Pedrosa Richardson will service global listed companies from London

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LONDON, Nov. 30, 2022 /PRNewswire/ — Investor Relations and Financial Communications firm Pedrosa Richardson started trading internationally from London today, with the purpose of supporting leading, global listed companies.

Company principals Max Richardson and Ramon Pedrosa-Lopez.
Company principals Max Richardson and Ramon Pedrosa-Lopez.

It has already secured half a dozen listed organizations as initial clients, and aims to build on its strong, established partnerships with key stock exchanges, including OTC Markets, where it is qualified as a Premium Provider in Investor Relations – as well as Euronext, Aquis in London, and BIVA in Mexico.

Its mission is to raise the profile and disseminate the financial narratives of public corporations before the investor community in the American, British, and European markets, hence driving growth and value.

Headquartered in London, Pedrosa Richardson is present in New York City (USA), Madrid (Spain) from where it oversees its EU operations, and Almaty (Kazakhstan) as it works to develop its services across Central Asia.

“We believe the key differentiator of publicly traded corporations, beyond a solid financial position, is having a strong public profile. Investor communications efforts clearly drive up market value in today’s capital markets “, said Max Richardson, the company’s principal. “And our growing client list speaks volumes.”

The management of Pedrosa Richardson has developed a proven blend of strategy and technology over the years, to advise senior management and boards of listed issuers and pre-IPO companies, envisaging a leap into the international capital markets.

Harnessing an agile, fast-moving, and digital model, the founders work upon the premise that investor communications and IR strategies demand AI, machine learning, and data analysis expertise.

The firm’s principals, Ramon Pedrosa-Lopez and Max Richardson are specialists in their respective fields, with over four decades of combined experience developing and executing campaigns for issuers listed on the LSE, OTC Markets, Euronext, and other capital markets.

Seen as a top strategist in the industry, Pedrosa’s insights have been featured in The New York Times and Forbes. He has advised private corporations in their public outreach and IR strategies and worked out of London, Hong Kong, Tokyo, Madrid, Valletta, Jakarta, Kuala Lumpur, and Mexico City. He holds the highest qualifications achievable in the IR industry.

Richardson firmly established himself in the communications industry, coordinating global profile raising efforts for NASDAQ issuers, award-winning European banks, infrastructure conglomerates, and international energy and mining corporations.

www.pedrosa-richardson.uk

PR Newswire

Everise Guatemala Celebrates 10 Years of Delivering Excellent Customer Experience

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Today, its 3,800-strong champion workforce and operations power 450,000 daily customer interactions for leading healthcare, travel and logistics companies

GUATEMALA CITY, Nov. 19, 2022 /PRNewswire/ — Everise Guatemala celebrated their 10th year anniversary today, marking a decade since its contact center was established in 2012. Today, the company has created over 3,800 jobs in the Guatemalan community and conducts over 450,000 customer interactions on a daily basis for leading businesses.

Everise, one of the fastest growing healthcare services outsourcing companies in the world, was founded in 2016. Since then, the business accelerated its growth and transformation, evolving from a mid-sized BPO operation into a leading healthcare services company with a global footprint.

Over the years, the business has established a strong presence rooted in making a positive impact on the Guatemalan community. Everise Guatemala provides omnichannel and wide-ranging customer experience support with end-to-end healthcare capabilities and counts some of the world’s leading healthcare and logistics brands amongst its clientele. The company has been able to grow its customer champion talent team over 10x since inception, by maintaining a consistently strong reputation as an employer of choice and robust talent management, referral and rewards programs.

Everise Guatemala was recognized for its strong COVID-19 response, and for being one of the fastest outsourcing businesses to prioritize employee safety and wellbeing by pivoting to a work-from-home arrangement. As early as 22nd March, the company was able to seamlessly transition its employees to work from home with minimal service disruption and the highest standards of security. Everise retained its employees with no layoffs throughout the pandemic, instead growing the company exponentially by winning new business and expanding its team.

The company celebrated with a 10th anniversary event held at its Avenida Hincapie site, officiated by government officials, Guillermo Montano, president of Agexport, as well as Jeremy Jepperson, Chief Operating Officer of Everise, and Sheena Ponnappan, Chief People Officer of Everise. The celebrations included an opening ceremony and press conference.

“Everise is proud to commemorate our stellar growth over 10 years in Guatemala. With the support of our trusted clients and partners and the local government, we have been able to grow the company from strength to strength and generate a positive impact on the community through job creation and community empowerment. We look forward to many more years of delivering transformational customer experience to the world’s leading brands,” shared Sudhir Agarwal, Founder & Chief Executive Officer of Everise.

“Everise’s evolution into a leading healthcare services company has only been possible with taking a people-focused approach towards growth. By keeping people at the heart of everything we do, we have been able to scale while attracting and retaining some of the best talent to join us in one of the best cultures and workplaces to work in,” shared Sheena Ponnappan, Chief People Officer of Everise.

Today, Everise enjoys the highest Glassdoor and Indeed ratings in the outsourcing industry in Guatemala – 4.8 out of 5 stars on Glassdoor, and 4.4 stars on Indeed. Everise has also won multiple awards for its industry-leading culture, including being named one of Newsweek’s 100 Most Loved Workplaces in America for two consecutive years in 2021 and 2022, and bagging the Gold Stevie Award for Employer of the Year — Consumer Services in 2022.

Everise Guatemala Timeline & Key Milestones

  • 2012: Established as part of prior business operations with a pilot group of 25 people.
  • 2014-2015: Expanded operations and moved to a new facility. Grew to a workforce of 350 people by the end of 2015.
  • January 2017: Officially incorporated as Everise Guatemala.
  • June 2019: Official opening of brand new state-of-the-art 79,115 square foot office in Avenida Hincapie hosting over 1,500 production stations. The facility boasts a 26,812 square foot rooftop recreational centre with soccer and basketball courts, running trail and magnificent views of the city.
  • 2020: In the face of the COVID-19 pandemic onslaught, Everise Guatemala was among the fastest companies to pivot to a work-from-home workforce, prioritizing employees’ wellbeing and safety. The company implemented its work-from-home policy with effect from 22nd March, equipping champions with the IT infrastructure necessary to work remotely with minimal operational disruption and the highest standards of IT security.
  • 2021-2022: Drove exponential growth in client portfolio, developing end-to-end healthcare capabilities that enabled Everise to on board some of the world’s leading healthcare brands.
  • September 2022: Everise unveiled a new nearshore site in neighboring Colombia, with the official opening of its new Bogota office.
  • November 2022: Celebrated 10th year anniversary with its largest workforce to date, with plans for continued growth and expansion.

About Everise

Everise is a technology-enabled outsourcing firm with expertise in transforming healthcare and technology customer experiences globally. The Company’s unique approach combines customer and technical support services with AI, robotic process automation, analytics, and secure cloud-based technology. Some of the world’s most loved brands have products and services that are perfected, protected, supported, and sold by Everise.

Our innovative digital outsourcing services are high performing, scalable, secure, agile, and have fluent proficiency in 32 languages, which helps brands to create seamless customer, product, digital, and home experiences. We strategically operate in seven markets to enable our partners to economically reach their customers across the globe. Learn more at www.weareeverise.com.

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PR Newswire

Airgram Raises $10 Million for AI Meeting Assistant in 2022

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SINGAPORE, Nov. 9, 2022 /PRNewswire/ — Airgram is one of the top-ranked meeting productivity software programs that provides its users with a whole suite of features, including voice transcription and real-time recording. After Airgram was founded in 2020, it quickly amassed a huge user base in under a year. Now the company has raised 10 million dollars in funding as it targets North America. Airgram’s latest round was led by GL Ventures, the venture capital arm of the Asia-focused investment giant Hillhouse, with participation from Linear Capital, CDH Capital, and PKSHA SPARX Algorithm Fund.

Airgram can auto-join, record and transcribe your meetings.
Airgram can auto-join, record and transcribe your meetings.

“As the popularity and use of remote work increases, there is a dire need for online conference and meeting software designed for business use,” said Airgram’s founder and CEO Ryan Zhang. “Bosses need to realize how important and cost-efficient it is to properly manage and record their meetings if they want to increase productivity. Airgram serves as a one-stop solution that benefits the entire lifecycle of virtual meetings. Companies thus minimize extra time spent on online meetings.”

How Airgram Improves Meeting Experience:

Meeting Recording: Airgram allows you to record audio as well as video of your online meetings. Users can even set Airgram’s AI assistant to auto-join a pre-scheduled Zoom, Google Meet, or Microsoft Teams meeting and record it when they are not present. Once the meeting is recorded, you get the option to download it, play it at adjustable speed or even clip and share a snippet of the recording with others to align on crucial information. With Airgram, any team meeting or call can be recorded for future viewing.

Meeting Transcribing: Airgram provides real-time transcription for all your live meetings, converting the audio of your meetings into text with high accuracy. The transcripts are editable and you can add timestamped notes. Airgram also comes with speaker detection, identifying speakers with its AI-powered voice technology. Automated transcription for meetings helps ensure attendees and no-shows get the most out of each meeting.

Meeting Note: Airgram also offers many collaborative features like meeting agenda templates, integrated text-rich notepads, and multiple action items. Users can also associate notes of recurring meetings and extract key information from transcripts with AI Topic extraction. Meeting notes are taken to provide a record of the discussion for your future reference.

Sharing: Users can quickly share notes and snippets of their recordings with integrated apps like Notion, Google Docs, Word, and Slack or with anyone by creating a shareable link. Following up after a meeting is a good way to ensure that every teammate has clarity on the decisions made. Anyone who misses the meeting can catch up asynchronously by reading the meeting notes you share.

Airgram, as a one-stop virtual meeting management tool, is well-used in meeting planning, engaging, and reviewing, helping teams collaborate and improve the productivity of their meetings. In the next version, Airgram will integrate with Zapier to empower users to automate their workflows.

About Airgram

Airgram is a top-notch meeting transcription and recording tool that started its journey in 2020 and has been rapidly used worldwide. Airgram is headquartered in Singapore and now has various offices in Singapore, Tokyo, Hong Kong, and Austin, TX. In July 2022, Airgram won the Product of the Day on Product Hunt. So far, they have supported thousands of teams and individuals in arranging efficient and engaging meetings every single day, aiming to ensure users have efficient, thoughtful, and fruitful meetings.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/airgram-raises-10-million-for-ai-meeting-assistant-in-2022-301673180.html

PR Newswire

HGC, AMS-IX and IGC launch a new Internet Exchange in Bangkok Thailand

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HONG KONG, Nov. 2, 2022 /PRNewswire/ — HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, AMS-IX (Amsterdam Internet Exchange), the world leading Internet Exchange (IX), and International Gateway Company Limited (IGC), a neutral regional telecommunication and network service provider, today announce the launch of a new IX, AMS-IX Bangkok, in Thailand as part of AMS-IX strategy to implement IX’s in various key locations in Asia.

Thailand is a fast developing and important Asian Internet hub and one of the prime locations where Internet companies exchange Internet traffic besides Singapore and Hong Kong. The new Internet Exchange located at Bangkok, which is the hub and gateway of the Greater Mekong Subregion (GMS), will improve the quality of Internet connections of companies such as content providers, gaming, OTTs, cloud service providers and internet service providers and aims to build a thriving digital community.

Customers connected to the new Internet Exchange will benefit from lower operation costs and enhanced connectivity and redundancy as well as lower latency. Nearly 250 million eyeballs in this subcontinent of GMS including Cambodia, Myanmar, Laos, Vietnam, and Thailand can now enjoy an uplifted online experience.

By adding another IXP, HGC and AMS-IX, with the support of IGC, have further increased their global footprint and improved the connectivity in Asia. Next to Bangkok, HGC also partners with AMS-IX in Singapore, Hong Kong, Bay Area and Chicago. HGC will continue to serve as a commercial partner and marketing arm for AMS-IX Bangkok, while IGC provides IX infrastructure, network, and operation in Bangkok. AMS-IX, with their expertise on peering and network monitoring, will give technical support and has operational management of the exchange.

“Being an early entrant into the Thailand market, we feel honored to gain penetration into the Greater Mekong Subregion with our renowned partner – AMS-IX. This is a rite of passage for the enhancement of the HGC edgeX brand to be positioned as a premium leader in engaging the internet exchange business to contribute to a better interconnection ecosystem which is dependent on the fast development of digital transformation. We hope to have promoted access to a digitalized world by localizing traffic in this growing market.”, said, Mr. Chirawat Mahawat, Vice President Greater Mekong Subregion of HGC.

“Bangkok is strategically located at the heart of Southeast Asia which makes it ideal as an international hub for exchanging Internet traffic and a perfect location as a gateway to the GMS. There are over 54 million Internet users in Thailand, representing 80 percent of the population, and this number is still rising rapidly.  As AMS-IX we’re happy to collaborate with our partners, HGC and IGC, to bring fruit to our mission of increasing the quality of the Internet worldwide by developing and building Internet Exchanges.”, said, Mr. Onno Bos, International Partnership Director of AMS-IX.

“With reference to the announcement from the Thai government on being ASEAN DIGITAL HUB, we are delighted to be part of the introduction of AMS-IX to Thailand which will foster to achieve such digital transformation policy. The customers will experience better Internet services in term of lower latency, better accessibility to more variety of contents. By having AMS-IX operating in Thailand, together with IGC’s IX and network infrastructure in Thailand, it will be a key magnet to strengthen the Thai government policy. Certainly, the digital ecosystem, such as content providers, OTT, ISP and end users will gain much better service experiences and encouraging their sustainable eyeballs.” Mr. Pichit Satapattayanont, Chief Executive Officer of IGC said.

From Left to Right: Chirawat Mahawat, Vice President Greater Mekong Subregion of HGC; Onno Bos, International Partnership Director of AMS-IX; Pichit Satapattayanont, Chief Executive Officer of IGC

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 30 overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong’s largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies.

To learn more, please visit HGC’s website at: www.hgc.com.hk 

About AMS-IX

AMS-IX (Amsterdam Internet Exchange) is a neutral member-based association that operates multiple interconnection platforms around the world. Our leading platform in Amsterdam has been playing a crucial role at the core of the internet for more than 25 years and is one of the largest hubs for internet traffic in the world with over 11 Terabits per second (Tbps) of peak traffic. Connecting to AMS-IX ensures customers such as internet service providers, telecom companies and cloud providers that their global IP traffic is routed in an efficient, fast, secure, stable and cost-effective way. This allows them to offer low latency and engaging online experiences for end-users. AMS-IX interconnects more than 1000 IP-networks in the world.

AMS-IX also manages the world’s first mobile peering points: the Global Roaming Exchange (GRX), the Mobile Data Exchange (MDX) and the Internetwork Packet Exchange (I-IPX) interconnection points.

More information: www.ams-ix.net

About International Gateway Company Limited

International Gateway Company Limited or IGC is a subsidiary of ALT Telecom Plc., a neutral regional telecommunication and network service provider.  IGC was established in year 2017 to provide wholesale bandwidth for both domestic and international traffic via SRT (State Railway of Thailand) and its nationwide network (so-called GMS network) which has totally about 12,000 km of nationwide-optical fiber network and owns NNI (Network to Network Interface) for 15 Crossing Borders to connect with 24 operators surrounding Thailand and extended connectivity to more than 10 well-known data center in Thailand. Moreover, the Open Access License with 5 CLSs (Cable Landing Station) which located in the most strategic locations for the Submarine Business in Thailand. With Submarine cable network it will allow IGC to play a major role in the Eastern Economic Corridor Project and bridge the Submarine traffic to the GMS Terrestrial network.

Visit us online at www.intergateway.co.th and connect us on LinkedIn: International Gateway(IGC)

PR Newswire

Huawei: Advanced Connectivity, Boost Growth

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BANGKOK, Oct. 28, 2022 /PRNewswire/ — During UBBF 2022, Mr. Simon Lin, Senior Vice President of Huawei and President of Huawei Asia-Pacific Region, delivered a keynote speech entitled “Advanced Connectivity, Boost Growth”. In the speech, he set out a roadmap for how operators can unleash the full value of connections in home and enterprise scenarios and how green networks can underpin the green development of various industries.

Simon Lin, Senior Vice President of Huawei and President of Huawei Asia-Pacific Region
Simon Lin, Senior Vice President of Huawei and President of Huawei Asia-Pacific Region

Home setting: A smart home entry is built for gigabit broadband connections to achieve business monetization in home connection scenarios.

The upgrade of home networks and emergence of new services such as live streaming at home pose new requirements on gigabit broadband. Coupled with gigabit broadband, new services can provide users with diversified experiences, create new home network business models for operators, and enable connection monetization. Simon Lin introduced three ways to monetize home network connections:

  • Gigabit to Home: Fast and large-scale deployment of optical fibers lays the foundation for operators to build a positive business cycle. Deploying optical fibers on a large scale can effectively reduce the cost per line and enable operators to launch gigabit services with higher average revenue per user (ARPU).
  • Gigabit to Room: Huawei’s fiber to the room (FTTR) all-optical solution effectively addresses the challenge that only 100 Mbps bandwidth is available upon the subscription of gigabit to home, ensuring gigabit connections in each room. This solution also provides remote home network configuration and O&M capabilities to reduce operators’ maintenance costs by more than 50%. Good network and service experiences can ensure operators’ solution sales at a premium rate.
  • Gigabit + Services: Operators can combine gigabit home networks with new services, such as providing scenario-specific broadband services, binding Internet services, and binding smart home device services. In this way, each new service can increase the ARPU of broadband services. Currently, operators have just begun to put into practice and expand new services based on optical fiber home networks, and the potential for further exploration in the future is limitless.

Enterprise setting: A connection entry is built for the digital transformation of enterprises to monetize their private lines and networks.

The digital transformation of traditional industries calls for connectivity upgrades. A variety of industries have different requirements for connectivity, driving operators to provide diverse enterprise network connection solutions. Currently, more and more enterprise services are migrating to the cloud, allowing operators to expand their business space. Simon Lin noted that operators can monetize enterprise-oriented connections in three ways:

  • Bandwidth upgrade for private line services: Enterprise private lines are a high-value market for operators and can be used for covering campus networks and enterprise data center networks. The private line bandwidth is upgraded from Gbps to 10 Gbps to offer high-quality connections in and out of campuses and data centers.
  • Scenario-specific differentiated solutions: Enterprises’ digital transformation requires diverse network connection services. Operators can provide scenario-specific private lines to increase revenues. For example, they can provide ultra-high-bandwidth private lines for the media industry, and millisecond-level low-latency private lines as well as security cloud services for securities companies.
  • Upgrade from private lines to private networks: As many enterprise branches need to access multiple clouds, N x N private lines are required. Operators can use multi-cloud backbone and network slicing technologies to upgrade private lines to private networks, providing deterministic network assurance for enterprises.

Green solution: All-optical, simplified, and intelligent green networks enable the green development of various industries.

According to Simon Lin, Huawei is cooperating with operators to help the International Telecommunication Union-Telecommunication Standardization Sector (ITU-T) formulate standards and jointly define the network carbon intensity energy (NCIe) indicator system. 

“A sculpture lies hidden within a marble block, but only the greatest artist can set it free,” said Simon Lin, pointing out that operators have inherent network advantages in connectivity and will bring unlimited interconnection value to the world if their connectivity capabilities are fully unleashed. He also stated that Huawei will continue to explore connectivity technologies and solutions with customers and partners, and work with operators to promote business growth.

PR Newswire

UL Solutions Opens Automotive Electromagnetic Compatibility Laboratory in Taiwan

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UL Solutions enhances its testing capabilities for electromagnetic compatibility, radio frequency and Internet of Things in Taiwan to provide comprehensive in-vehicle device testing services.

NORTHBOOK, Ill., Oct. 27, 2022 /PRNewswire/ — UL Solutions, a global leader in applied safety science, today announced the opening of its new state-of-the-art automotive electromagnetic compatibility (EMC) laboratory in Hsinchu, Taiwan. This new laboratory localizes services and technology to provide EMC testing to international standards and original equipment manufacturer (OEM) requirements for automotive electronic components. With advanced technologies, equipment, and the company’s safety science expertise and service capabilities, the new facility helps UL Solutions meet the testing needs of Taiwan’s automotive components industry.

This new laboratory localizes UL Solutions services and technology in Taiwan to provide EMC testing to international standards and original equipment manufacturer (OEM) requirements for automotive electronic components.
This new laboratory localizes UL Solutions services and technology in Taiwan to provide EMC testing to international standards and original equipment manufacturer (OEM) requirements for automotive electronic components.

“With the opening of this laboratory, combined with the UL Solutions Internet of Things (IoT) Lab in Hsinchu and the E-mobility and Energy Laboratory in Taoyuan, we are confident that the testing capabilities offered by UL Solutions for automotive components will provide manufacturers in Taiwan with a complete range of testing services and a single source of service,” Jonathan TH Chen, vice president and managing director of UL Solutions in Taiwan, said. “Our professional testing technologies and quality services meet the latest international standards and help enable manufacturers in Taiwan to enter the global automotive electronic component market safely and quickly.”

Influenced by factors such as climate change and the rapid advancement of technology, the automotive industry is moving toward four major trends: connected, shared, autonomous and electric vehicles. These trends are helping to drive the overall growth of automotive electronic components, such as advanced driver-assist systems (ADAS), infotainment systems and vehicle connectivity devices. In addition to the existing automotive component manufacturers in Taiwan, information and communication technology (ICT) and electronics OEMs have also entered the global automotive electronics market.

“One of the most important features of our services is that we can help customers understand the method, content and meaning of EMC testing. This understanding helps them to develop and adjust their product design strategies more quickly and shorten the time required to complete product testing,” Chen said. “With the collaboration of three laboratories in Hsinchu and Taoyuan and the support of our advanced technology and experience in automotive EMC testing laboratories in Japan and South Korea, we can provide more comprehensive automotive EMC testing services to help manufacturers in Taiwan capture business opportunities in the global automotive electronics market.”

About UL Solutions
A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains and grow sustainably and responsibly into the future. Our science is your advantage.

PRESS CONTACT:
Steven Brewster
UL Solutions
ULNews@UL.com
T: +1 (847) 664.8425

PR Newswire

PressPlay Completed Series B Funding to Accelerate its Business Expansion

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Expanding with three primary strategies and planning to apply for the emerging stock market in 2023

TAIPEI, Oct. 14, 2022 /PRNewswire/ — PressPlay, the first Influence Economy Group in Taiwan, announced that it had completed Series B Funding with several hundred million. PressPlay plans to use the investment to expand the overseas business, enlarge the organization, optimize the online learning platform experience, and accelerate its influence ecosystem’s growth with three cores: entertainment, brand, and knowledge. PressPlay also plans to apply for the emerging stock market in Taiwan in 2023 to extend its global influence through the power of the capital market.

PressPlay Completed Series B Funding to Accelerate its Business Expansion
PressPlay Completed Series B Funding to Accelerate its Business Expansion

PressPlay expects to grow 50% in 2022 with the three cores
PressPlay was established in 2016 and introduced services closely connected to everyone’s daily life. PressPlay has created its influence ecosystem in three core areas: entertainment, brand, and knowledge.

Entertainment influence: PressPlay now has exclusive contracts with 36 creators in Taiwan and Hong Kong, of which 9 have over 1 million subscribers on YouTube.

Brand influence: Collaborated with several creators since 2019 to incubate lifestyle product brand IPs and launched brands across the beverage, bakery, Korean cuisine, and Taiwanese cuisine markets to build its consumption brand territory continuously.

Knowledge influence: PressPlay Academy (PPA) has built the most advanced online learning platform in Taiwan with influence power and technology and provides diverse learning methods and content.

PressPlay Group achieved $1400 million in gross revenue in 2021 and created a 93% annual growth rate with its business expansion.

“PressPlay starts with agency management, creator brand management, and online learning platform and continues to create different business models to support the monetization of creator influence. IPO is our next step and goal. In the future, we will not only expand our business territory but expect to share more business opportunities with the creators, launch more brands, and create a healthy equation for growing to expand the influence ecosystem. For 2022, I’m confident that we will grow over 50% as a group,” Co-founder Rob Kuo said.

PressPlay announces three major strategies and accelerates overseas expansion. PressPlay officially announced IPO as its next step. PressPlay will keep strengthening the existing strategies and focus on three primary strategies:

  1. Overseas Expansion: Since the launch of the creator agency business in Hong Kong in 2019, PressPlay has created an average of 33% annual growth rate. PressPlay will further introduce its monetization business model for creators to overseas markets and aggressively increase overseas collaboration opportunities.
  2. Cross-business profit maximization: The entertainment sector covers creator agency management, content marketing, social commerce, and co-branding. PressPaly also launched Next Master business to focus on creating online courses for creators and will enhance the collaboration with knowledge content business (PressPlay Academy) to maximize cross-business profits.
  3. Online learning platform “double-perfection”: PressPlay Academy brings “double-perfection” to the platform. It has enhanced video shooting quality and created a “perfect” learning experience with AI technology, covering the learning mechanism, interactive experience, learning tools, creator content evaluation, etc., to maximize the value of technology.

PressPlay co-founder Dennis Lin said: “PressPlay Academy will become a platform combining technology, learning, and content creation this year. We strive to optimize the learning experience and challenge to provide the best video quality among the online learning platforms in Taiwan. We will continue to expand overseas collaboration opportunities, including cross-border business development and sales, not being restricted by topics, boundaries, and standards, and create a dynamic online learning academy globally to be the leading brand in the market.”

About PressPlay
PressPlay is the first 360-degree Creator ecosystem group in Taiwan. PressPlay has been expanding its business territory since 2016 with the missions “Maximize the Value of Influence” and “Utilize Influence to Innovate New Business Opportunities,” striving to create the value of influence for each field with a 360-degree approach closely connected to everyone’s daily life.

Media Enquiries: 

Yaki Cheng 
pr@pressplay.cc

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PR Newswire

Storyblok Expands to APAC to Transform Digital Storytelling Across the Region

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Digital storytelling requires flexible technology: New data shows only 13% of APAC companies are happy with their monolithic CMSs, and 46% are considering moving to a headless CMS

LINZ, Austria, Oct. 12, 2022 /PRNewswire/ — Storyblok, the content management system (CMS) category leader for 2022 that empowers both developers and content teams to create better content experiences across all digital channels, today announced its expansion to APAC (Asia-Pacific).

Brands across APAC such as Pizza Hut Australia, FC Sydney, Liberty Finance Australia, Vicinity Centres, Treasury Wine Estates, Crimson Education, Octopus Deploy, and Akasa Air already use Storyblok as the content engine for their digital experiences.

In recognition of the massive growth potential throughout APAC, Storyblok hired Marcus Paterson as its APAC Sales Manager. Marcus has held leadership roles at National Australia Bank, Fuji Xerox, and Leidos Australia. He’s now based in Thailand to support customers across the region and is actively growing a sales team and related support roles.

“After working throughout APAC for over 20 years, I’ve come to understand the unique challenges that companies face in this part of the world,” said Marcus Paterson, APAC Sales Manager at Storyblok. “Agile and secure content management continues to be something that all sorts of businesses struggle with. With Storyblok, your marketing and content teams have a future-proof CMS that enhances content experiences at any scale.”

To understand more about content management in APAC, Storyblok surveyed 301 professionals who use a CMS in Australia and Singapore.

The survey revealed the following key insights:

  • Only 13% of APAC companies are happy with their monolithic CMSs
  • 46% are considering moving to a headless CMS
  • The CMS features that are most important: Security, Website speed, #3 Easy to use for content creators
  • 61% are worried about the security of their CMS
  • 67% use 2 or more CMSs
  • 68% deliver content in more than one language
  • 12% are using their CMS to deliver content in virtual reality, and 9% in augmented reality

“Based on our great success so far in APAC, we knew now was the right time to invest more heavily in the region,” said Sascha Ploebst, VP of Sales at Storyblok. “The data shows us that local companies are ready to move to headless CMS solutions to improve their digital storytelling.”

“Our expansion into APAC is an important milestone in the global growth of Storyblok,” said Dominik Angerer, Co-Founder and CEO of Storyblok. “Audiences all over the world demand better content experiences that traditional CMS platforms were never built for. Storyblok already offers a cloud-native CMS to manage all content in one place with data centers in the US, Europe, and a dedicated instance in China. I’m also proud to announce that we are planning to offer a locally hosted option in Australia soon for organizations that need this.”

Resources

About Storyblok
Storyblok, the content management system (CMS) category leader for 2022, empowers both developers and content teams to create better content experiences across any digital channel.

Storyblok enhances audience experiences with best-in-breed performance, security, optimized omnichannel storytelling, and robust personalization. Enable content teams to create and manage content intuitively and independently with drag and drop visual editing, custom collaboration workflows, and a world-class digital asset manager. Empower developers to build anything, integrate with everything, and publish everywhere with Storyblok’s headless CMS architecture.

Leading brands such as Adidas, T-Mobile, Renault, and Marc O’Polo use Storyblok to shape their digital storytelling.

See why Storyblok was named the CMS for 2022 by G2 at www.storyblok.com and follow Storyblok on LinkedIn and Twitter.

Press Contact
Brandon Watts
brandon.watts@storyblok.com

PR Newswire

WeLab and Astra Complete the Acquisition of Bank Jasa Jakarta

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Plans to Transform the Bank into Indonesia’s Innovative Digital Bank

  • WeLab and Astra now jointly control the bank, with a total share ownership of approximately 99.13% of BJJ
  • All relevant regulatory approvals have been obtained, including from the Financial Services Authority (OJK) of Indonesia
  • This transaction is Southeast Asia’s largest digital bank M&A transaction in 2022

HONG KONG, Sept. 19, 2022 /PRNewswire/ — WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia’s largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK). For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra’s subsidiary PT Sedaya Multi Investama (Astra Financial). The WeLab-led consortium has drawn wide-spread support from existing and new investors, including Allianz X, Boyu Capital, Horizons Ventures, SCBX Group[1] and TFB (Taipei Fubon Bank) Capital.

In December 2021, WeLab entered into a Share Purchase and Subscription Agreement with the shareholders of BJJ, and completed a strategic investment for 24% of BJJ. With the acquisition completed today, WeLab and Astra each holds 49.56% of BJJ shares, becoming the majority shareholders and joint controllers of the bank. The transaction is Southeast Asia’s largest digital bank M&A transaction in 2022, illustrating the substantial commitment to invest in, and contribute to digitizing Indonesia’s banking industry. The shareholders aim to transform BJJ into an innovative digital bank in Indonesia.

Simon Loong, Founder and Group CEO of WeLab, said, “Expanding WeLab’s digital banking presence across Asia, first in Hong Kong and now in Indonesia, has been one of our key strategic moves. This partnership with Astra reinforces WeLab’s strategic focus on enhancing cross-country and business synergies with partners to increase scale and reach, in order to further strengthen the breadth and depth of the existing pan-Asian fintech platform. We’re excited that our long-term partner, Astra will be collaborating with us to deliver the best tech-driven banking services through BJJ in Indonesia. We look forward to bolstering the customer trust level with the collaboration with Astra.”

President Director of Astra Djony Bunarto Tjondro said, “Investment in BJJ is in line with Astra aspirations in financial services pillars to become leading retail financial providers in Indonesia and support the growth of financial services industry as well as the economy of Indonesia.”

Propel growth and digital innovation with strong synergies between Astra and WeLab

WeLab and Astra are long time partners in Indonesia’s fintech ecosystem. This is WeLab’s second strategic partnership initiative with Astra since the formation of a fintech lending joint venture, PT Astra WeLab Digital Arta (AWDA), in 2018. The complementary strengths of the partners, including WeLab’s know-how and technology in building and being an operator in digital banking, together with Astra’s solid business ecosystem and experience as well as vast distribution network, are highly synergistic and key success factors to propel BJJ’s digital transformation and into an innovative digital bank to serve the digital financial needs of Indonesians with accessible and innovative banking solutions.

Address unmet financial needs and advocate financial inclusion  

The prospect of digital banking in Indonesia is currently on the rise and represents a huge opportunity to provide accessible and innovative digital banking solutions, especially to the retail and MSMEs (Micro, Small & Medium Enterprises) segments. The utilization of financial services in Indonesia has the potential to grow, as 77% of Indonesia’s 270-million-population is either underbanked or unbanked. The country also has a sizable population of 180 million tech-savvy younger consumers, representing a great demand for digital banking services. 

[1] SCBX Group consists of Siam Commercial Bank PCL, which is a subsidiary of SCBX PCL

About WeLab 

WeLab, a leading pan-Asian fintech platform, operates WeLab Bank as well as multiple online financial services with leading positions in Hong Kong, Mainland China, and Indonesia, with more than 50 million individual users and over 700 enterprise customers. WeLab uses game-changing technology to help customers access credit, save money, and enjoy their financial journey.

Powered by proprietary risk management technology, patented privacy computing techniques, and advanced AI capabilities, WeLab offers mobile-based consumer financing solutions and digital banking services to retail individuals and technology solutions to enterprise customers.

WeLab operates in three markets under multiple brands, including WeLend, and WeLab Bank in Hong Kong, various business lines in Mainland China, Maucash and a digital bank in Indonesia.

WeLab is backed by the most renowned investors including Allianz, China Construction Bank International, International Finance Corporation (a member of the World Bank Group), CK Hutchison’s TOM Group, and Sequoia Capital.

To learn more, please visit: www.welab.co, or follow WeLab on LinkedIn and Facebook.

About Astra:

Astra is one of Indonesia’s largest public companies, comprising 240 subsidiaries, joint ventures, and associate companies, supported by nearly 190,000 employees. The company’s diversified business model creates synergies and opportunities across industry sectors including automotive, financial services, heavy equipment, mining construction and energy, agribusiness, infrastructure and logistics, information technology, and property. The company has a new sustainability framework which contains Astra 2030 Sustainability Aspirations. It will guide Astra in the transition journey to be a more sustainable business by  2030 and beyond. Astra wishes to contribute to the strength and resilience of the Indonesian economy while supporting an inclusive and prosperous society.

Astra has a strong record of public and social contributions through four pillars, which consist of health, education, environment, and entrepreneurships as well as nine foundations to contribute to the growth of the Indonesian economy while encouraging a more inclusive and prosperous society. Established in 2010, Astra’s Semangat Astra Terpadu Untuk (SATU) Indonesia Awards programme, has recognised the contribution of 493 young Indonesians across each of these focus areas, including 81 national level recipients and 412 provincial level recipients. The SATU Indonesia Awards programme is integrated with Astra’s wide range of community activities through 170 Kampung Berseri Astra and 1,060 Desa Sejahtera Astra initiatives in 34 provinces throughout Indonesia.

For more about Astra, visit www.astra.co.id & www.satu-indonesia.com and follow us on Instagram (@SATU_Indonesia), YouTube (SATU Indonesia), Facebook (Semangat Astra Terpadu) and Twitter (@SATU_Indonesia).