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PR Newswire

Dada’s JDDJ in action to guarantee medical supply and online health consultation with pharmaceutical partners

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SHANGHAI, April 2, 2022 /PRNewswire/ — As a number of cities in China are ramping up anti-epidemic measures, more consumers rely on online-to-offline services to purchase much-needed medications. JDDJ, one of China’s largest local on-demand retail platforms operated by Dada Group (Nasdaq: DADA), is proactively stepping up efforts to guarantee citizens’ medication needs in collaboration with its pharmaceutical partners.

Pharmacy-to-home service on JDDJ.
Pharmacy-to-home service on JDDJ.

In Shanghai where Dada is headquartered, a surge in number of orders for drugs becomes evident – to address citizens’ needs, JDDJ’s on-demand retail and delivery services have become essential. According to operating data from JDDJ on April 1, in March, the number of orders for epidemic prevention related medical supplies, the number of orders for chronic disease medicines, and that of orders for common household medicines in Shanghai have increased by 380%, 160% and 130%, respectively, on a month-over-month basis.

In addition, to better help those in need, JDDJ is now connected to JD Health, the healthcare subsidiary of JD.com, to provide 24-hour free online health consultation services as an effort to enable platform customers to obtain professional advice and guidance from doctors in a timely manner without leaving home. Data from JDDJ shows a strong demand in online medical consultation in March across the country, recording a month-over-month growth of 30% in number of consultations compared to February.

About Dada Group

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

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PR Newswire

HOME+ Supports Hong Kong Jockey Club Food Assistance Programme – E-Food Bank Service

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Online Grocery Shopping & Home Delivery

HONG KONG, March 29, 2022 /PRNewswire/ — The fifth wave of the pandemic has brought tremendous challenges to families and individuals of the transitional poor. To respond in times of uncertainty, e-shopping platform HOMEPLUS (“HOME+”) is pleased to be a CSR Partner of the “Jockey Club Food Assistance Programme” initiated and funded by The Hong Kong Jockey Club Charities Trust, coordinated by St. James’ Settlement and five other major non-profit organisations. Under its E-Food Bank Service, HOME+ will provide eligible individuals and families with an e-platform so that they can stay home safely and order nutritious food online. A credit equivalent to HK$400 will be provided to the account of each eligible individual each week, which can be spent on the e-platform. In order to minimise the risk of viral transmission, items ordered via HOME+ will be delivered to the doorstep.

June Lam, CEO of HOME+ said, “We are honoured to participate in this project and provide eligible individuals and families with food supplies via our convenient e-shopping services amid COVID. We have been exploring strategic collaborations with various NGO partners to leverage the HOME+ platform and deliver a wide range of food to people in need while they stay safe at home during the pandemic and not have to panic over the supply of food and daily necessities.”

About HOME+

HOMEPLUS (“HOME+”) + is an online shopping platform supported by industry leaders – Hong Kong Broadband Network, Dah Chong Hong and Kerry Logistics. With “Always Deliver More” as the brand concept, HOME+ brings “more” special offers, “more” bespoke service, “more” specialized service and “more” flexible cooperation model to create a win-win shopping experience for customers and merchants by providing a wide range of quality products covering wholesome foods, in-the-trend appliances, health supplements, personal care goods, and many more. Shop now at: home-plus.hk

PR Newswire

d’Alba Premium Vegan Brand, White truffle first spray serum has exceeded 90,000 reviews

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SEOUL, South Korea, March 28, 2022 /PRNewswire/ — The white truffle first spray serum, the main product of premium vegan brand d’Alba, surpassed 10 million global cumulative sales in January this year. Despite the difficult market due to COVID-19 last year, the solid brand power in the domestic market allowed continuous increase in sales in the global market through e-commerce channels such as Amazon (USA), Qoo10 (Japan), Wildberries (Russia), and Shopee (Indonesia) etc.

d’Alba Premium Vegan Brand, White truffle first spray serum have exceeded 90,000 reviews
d’Alba Premium Vegan Brand, White truffle first spray serum have exceeded 90,000 reviews

The main product of d’Alba, the white truffle first spray serum, provides nutrients and hydration with a known superfood, avocado oil, and one of the rare and excellent antioxidants, white truffle infused essence, forming a double-layered structure. This all-in-one product can give both effects of a serum and a mist by simply shaking, so the oil and essence layers mix thoroughly, and spraying after cleansing. 

With its excellent ingredients, quality, and ease in use, d’Alba’s white truffle spray serum has recently achieved more than 90,000 reviews in “Naver SHOPPING”, Korea’s largest e-commerce channel. The record of 90,000 reviews for a single product is hardly found in other brands and other skincare categories, indicating that d’Alba has become a reliable brand for many consumers for a long time.

d’Alba is receiving good reviews not only from beauty creators but also from general consumers. During the year of 2021, a total of 1,262 beauty YouTubers in Korea voluntarily published a total of 24,510 unsponsored content with 4,221 brands. Among them, d’Alba ranked first in the skincare category, verifying that it is a brand loved by beauty creators. The d’Alba white truffle vital spray serum ranked first in the category after a fierce competition of 1,434 to 1.

The reason for the belief in d’Alba products from general consumers and beauty creators can be found in its excellent quality. Rare raw materials, especially the high quality Italian white truffles, are infused in all products, and all of them have completed hypoallergenic tests. Recently, it has been continuing its vegan campaign by obtaining the Italian vegan V-label certification, known for its pickiness, and releasing a ‘Suite Healing with d’Alba package’ through collaboration with Grand Hyatt Hotel, Seoul. Through this, d’Alba is ranked No. 1 in preference among vegan brands conducted by the Korea Corporate Reputation Research Institute and is strengthening its branding as a premium vegan brand.

The d’Alba white truffle first spray serum is growing rapidly not only in Korea but also in United States. It has also been acknowledged in the U.S. market by receiving 455 ratings and 4.5/5.0 rating over the past year in Amazon. The d’Alba white truffle first spray serum entered TOP 100 of the Amazon ‘FACE MIST’ Category in December 2021. After an event was held in March to commemorate the 7th anniversary of d’Alba’s foundation, it ranked fifth in the ‘FACE MIST’ category.

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PR Newswire

Mocasa Hits First Milestone: Partnered with 10,000 merchants in Metro Manila

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MANILA, Philippines, March 24, 2022 — Mocasa ("the Company"), the new provider of Buy Now, Pay Later service for Filipinos announced on March 18 that its platform has surpassed 10,000 merchant partnerships in Metro Manila since launching its service in January 2022. This milestone is achieved with a recent surge of interest from merchants in the food, groceries, health and beauty, mobile top-up, and other services sectors. The Company has gained tremendous traction in the buy now pay later market and cashless solutions for merchants and has received an increasing number of inquiries from merchants interested in offering their customers the ability to pay over time.

MOCASA Buy Now, Pay Later, 0% Interest.
MOCASA Buy Now, Pay Later, 0% Interest.

Mocasa App really stepped into the new normal by switching to lesser face-to-face transactions. Achieving the App’s 10,000 merchants milestone just have shown beyond doubt that Mocasa effectively shows how true the App helped individual to pull through.

Over the months, Mocasa App has released new features on its App available in Google Play Store that gives its customer the flexibility to get what they want, when they want, with more control over their budget and cash flow. Mocasa Merchants are now rolling all over Metro Manila, most merchants can be found at the heart of the Philippines specifically Manila, Quezon City and Pasig.

Merchant benefits from Mocasa’s buy-now-pay-later services because the Merchant’s customers can now pay in credit upfront and repay over time without incurring interest charges. It provides the Merchant’s customers with a streamlined, intuitive, and adaptable shopping experience. It also provides maximum flexibility and keeps the Merchant’s customers returning for more. Mocasa keeps bringing new customers to the partnered Merchants via Mocasa App, website, and paid traffic, among other channels. For all sizes of businesses. Users are free to pay their purchases on Mocasa app in online stores via the embedded Mocasa payment option; for payment that happened in-store, users can just pay by scanning the QR code over the counter.

"Mocasa will be dedicated in onboarding all kinds of daily-life scenarios, and double the merchant amount in the next quarter, so that our users can shop in Mocasa partnered merchants in every corner of Metro Manila", said Julien Chien, the COO of Mocasa, "from Q3 of 2022, Mocasa service will be available in areas outside Metro Manila when we onboarded merchants there to make every Filipino can enjoy the benefits of buying now and paying later."

 For more information about Mocasa, please visit https://www.mocasa.com/.

PR Newswire

Retro Stage Presents The Roaring 1920s Party: the Arrival of Vintage Fashion in Paris

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MONTEREY, Calif., March 22, 2022 — Retro Stage had a retro 1920s party at a 1920s-style restaurant at 39 rue du Faubourg Montmartre in Paris on February 25, 2022. Many well-known French fashion influencers and stylists came to enjoy this 1920s Golden Time. The live video can be viewed in the official account of Retro Stage. Retro Stage is a popular vintage fashion brand with many vintage clothing and accessories from the 20s, 50s, and 60s.

Retro Stage x The Roaring 1920s Party
Retro Stage x The Roaring 1920s Party

Guests wore the latest Retro Stage 1920s dress, 1920 outfits for ladies including but not limited to 1920 flapper headband made of rhinestones and feathers, long-handled cigarette holders, long satin gloves, rhinestones brooches, pearl necklaces, and natural crystal style earrings. All the art deco gowns and accessories were provided by Retro Stage. Ladies were dressed like The Great Gatsby with the sequin maxi flapper dress. A jazz band was also in attendance, consisting of a singer in a 20s style attire, a guitarist, and a saxophonist. Everyone enjoyed dancing to jazz music.

For more 1920s style dresses, please visit: https://www.retro-stage.fr/

Exquisite buffets, as well as a variety of sweets were prepared for the guests. Many bloggers made stories and photos of the unforgettable evening on their Instagram accounts. Retro Stage streamed live on its social networks throughout the night, and with the participation of many fashion bloggers, Retro Stage has over 438,000 subscribers on its official account.

The party was a success, Retro Stage has made a hit in Paris. "The 1920s have always been a big source of our inspiration." Retro Stage said, "Beauty never fades." Retro Stage is more than a brand, it’s a way of life that helps every customer step into the past fashion with chic and glamorous vintage style. Retro Stage resonates in Paris fashion because they perfectly combine past and modern fashion and achieve a unique vintage style.

About Retro Stage

Retro Stage is a new e-commerce platform offering a unique variety of clothing and accessories from the 1920s, 1950s, and 1960s. New products are launched every week. France, USA, Italy, Spain, UK, Russia, United Arab Emirates, many influencers around the world proudly post their Retro Stage looks online.

For more information, please visit: https://www.retro-stage.com/

PR Newswire

Cross-channel marketing report reveals email marketing is still the O.G.

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Customer-centricity and personalization remain key to ecommerce success, as does responsible marketing

MELBOURNE, Australia, March 11, 2022 — Dotdigital today launched, ‘The future of cross-channel marketing’ report, covering trends and insights across four main areas: consumer psychology, brand awareness, the decision buying process and customer loyalty. The report details how the adoption of different marketing channels and tools has changed over time, reveals the gap between consumer expectations and experiences, and provides essential strategies to help retailers’ future-proof their businesses, while navigating the unpredictable COVID-19 landscape.

The report highlights critical data points relating to the Australian shopper’s customer journey:

  • Preferred marketing channels for communications
  • Factors contributing to unsubscribe rates and cart abandonment
  • Expectations around personalization in marketing communications vs. reality
  • Importance of brand values
  • The significance of loyalty and how shoppers like to be rewarded for it

Email beats social and SMS as most influential channel

Today, marketers have various choices with an increasing option of channels and tools at their disposal. However, email largely remains the preferred channel to cater to tailor-made experiences. While email is the most influential marketing channel (69%) shaping customers’ purchase decisions, results also show that 70% of people surveyed note they are likely to unsubscribe if they get too many emails. Social media marketing and SMS follow closely behind email as influencing purchasing decisions.

Brands need to understand exactly how their audiences wants to be marketed to. The importance of email should be taken seriously, but brands should still consider alternative channels to reach more consumers.

Why consumers abandon cart

The cost of shipping is the highest contributor to cart abandonment. When asked about the top reason that leads consumers to abandon an online shopping cart, 57% listed higher shipping costs that were not visible from the outset. Retailers need to ensure that not only is their cost of shipping reasonable and as expected by shoppers, but that it is clearly visible. Communication and transparency are key.

Get personal with your customers

Australian shoppers feel brands have a long way to go when it comes to personalization, and there is room for improvement. According to the report, more than half the people surveyed say that their marketing communications are somewhat personalized, and one-third think their emails are not personalized at all!

"Customer satisfaction is paramount, and there is no doubt that consumers with increased brand engagement reflect higher brand loyalty. Therefore, brands need to learn and understand the consumer psychology behind shopping behavior and brand loyalty to create a more balanced approach to their marketing communications," said Aparna Gray, APAC Head of Marketing at Dotdigital.

Live chat is important for conversion

Shoppers would like to see more in-person assistance via live chat options on retailer websites. The majority (56%) use it to ask for advice. It is therefore an important tool in the purchase and conversion process, and something retailers need to consider.

Be clear on brand values

Brand values play a crucial role for customers during a purchasing decision. Interestingly, more than two-thirds of Australian shoppers think brands are not doing enough to showcase what they stand for. Thirty percent of consumers surveyed take a brand’s stance on sustainability into consideration when making a purchase decision.

"Sustainability is more than just a buzzword and shoppers increasingly make purchase decisions based on the positive social, economic, and environmental impact of a brand. This shift in consumer behavior should drive marketers to look at the sustainability of their own practices," said Aparna. "At Dotdigital, we take our sustainability efforts very seriously and are proud to be the first carbon-neutral, ISO 14001 certified marketing automation platform in the world."

Loyalty for a price

A loyalty program undoubtedly is an excellent way for brands to build stronger and lifelong brand advocates. But, do customers receive expected perks? Results show that almost all shoppers (94%) want rewards/discounts for their loyalty. It’s evident that a reciprocal relationship is valued, and brands should keep that in consideration when launching a loyalty program.

A little help from our friends

An overwhelming 72% of consumers say that reviews are key to the decision-making process when purchasing products or engaging with brands. Word-of-mouth was the second most important factor in the decision to purchase, with 79% of those surveyed, likely to recommend a preferred brand to others.

A positive customer experience is not only about a single customer journey. It’s about the ripple effect of customers telling their friends, family, and co-workers. Furthermore, if brands do not encourage product or service reviews, now is the time to rethink that strategy and incorporate product reviews into the marketing mix.

"With changing dynamics, a highly competitive market and savvy customers, retailers must effectively harness all channels and revisit their marketing strategy to strengthen communications," said Aparna. "We’ve produced a report to get our finger on the pulse of Australian consumer purchasing habits, to ensure we are helping our clients deliver the ultimate customer experience – delivering the right message through the right channel, at the right time and to the right person."

To understand the changing nature of Australian shoppers and for detailed insights into key trends, download the full report: The future of cross-channel marketing.

Methodology
The data in this report was sourced and collected by Power Retail in August 2021 by surveys conducted with 5,000 Australian online shoppers.

About Dotdigital
Dotdigital is a leader in marketing automation technology. Trusted by 4,000+ businesses, Dotdigital is the customer engagement platform of choice for marketers seeking to connect with customers through cross-channel marketing. The platform’s future-proof features empower brands across 150 countries to acquire, convert, and retain customers using email, SMS, social, and more. From creating a unified customer view to surfacing powerful insights and implementing intelligent automation, Dotdigital’s highly acclaimed, easy-to-use platform is everything the modern marketer needs.

Logo – https://techent.tv/wp-content/uploads/2022/03/cross-channel-marketing-report-reveals-email-marketing-is-still-the-o-g.jpg

 

PR Newswire

Happiness Development to Acquire Hekangyuan, One of the Largest Healthcare Product Distributors in Fuzhou Area in China

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NANPING, China, March 7, 2022 — Happiness Development Group Limited ("HAPP" or the "Company"), (NASDAQ: HAPP) an emerging and diversified company engaging in the business of production of nutraceutical and dietary supplements, providing e-commerce sales and e-commerce marketing solutions, and the sales of automobile today announced that it has signed an equity transfer agreement (the "Agreement") to acquire 100% of the equity interest in Fuzhou Hekangyuan Trading Co., Ltd. ("Hekangyuan") to further strengthen the distribution network of the Company.

Hekangyuan believes that it is one of largest healthcare product distributors in Fuzhou, China. Hekangyuan generated revenue of $17.6 million and $13.5 million, with net income of approximately $790,000 and $$579,000 for the fiscal year ended December 31, 2021 and 2020, respectively. Pursuant to the terms of the Agreement, the parties agreed that the valuation of Hekangyuan is $12 million and the Company will issue 10 million class A ordinary shares to the shareholders of Hekangyuan in addition to a cash payment of $8 million, in exchange for the 100% equity of Hekangyuan. The Company will have the right to require the Hekangyuan shareholders to purchase back the ordinary shares at a consideration of $12 million in cash if Hekangyuan is unable to reach certain performance target including a net income of $4.5 million during the next three fiscal years of 2022, 2023 and 2024.

"Hekangyuan has been known for its healthcare product distribution network in Fuzhou area and we have been in talk with them about the acquisition in the last several months. We believe after the acquisition of Hekangyuan, we will further strengthen our leading position in the field of healthcare products in Northern Fujian. At the same time, with the successful expansion of our online sales, we will also help Hekangyuan to fully utilize its advantages of supply chain management and distribution abilities," said Mr. Xuezhu Wang, CEO of the Company.

About Happiness Development Group Limited

Headquartered in Nanping, China, Happiness Development Group Limited currently has three business lines: nutraceutical and dietary supplements, e-commerce and automobile sales. The nutrition and dietary supplements business is focusing on the research, development, manufacture and marketing of various products made from Chinese herbal extracts and other ingredients. Over the past 17 years, we have established a product portfolio consisting of 23 PRC National Medical Products Administration registered "Blue-Cap" SKUs of nutraceutical and dietary supplements products. Our e-commerce business focuses on offering e-commerce solutions, including advertising and information technology services to small and medium-sized enterprises in China. We also run our online stores which carries our products of dietary supplements and other selected products sourced from the small and medium-sized enterprises in China. Our mission for the e-commerce business is to enable small and medium-sized enterprises to fully leverage the power of e-commerce to grow rapidly. Our automobile sales adopts the B2B business model and is committed to optimizing the auto supply chain by connecting car dealers on our online automobile sales platform and offering the overall services for purchasing automobiles. For more information, please visit: www.happ.org.cn

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the occurrence of any event, change or other circumstances that could give rise to the terms of the Agreement not hereafter being memorialized in a definitive agreement; the outcome of any legal proceedings that have been, or will be, instituted against the Company or other parties to the Agreement following announcement of the Agreement and transactions contemplated therein; the inability to complete the transactions contemplated by the Agreement due to unsatisfied closing conditions; risks that the proposed transaction disrupts current plans and operations as a result of the announcement of the Agreement and consummation of the transaction described therein; costs related to the proposed transactions contemplated by the Agreement; changes in applicable laws or regulations; and other risks and uncertainties described herein, as well as those risks and uncertainties contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

PR Newswire

Zendure’s Power Station Earns ¥49M and a Good Design Award in Japan

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SuperBase Pro, touted as the world’s fastest-recharging power station and the only one with IoT, is currently being delivered to people in the US who backed their $1.4M USD campaign.

PALO ALTO, Calif., March 5, 2022 — Zendure’s SuperBase Pro power station has raised over 49 million yen ($423,000 USD) on Makuake, one of Japan’s most popular crowdfunding sites. This is in addition to the $1.4M USD that the power station had earned from an earlier Indiegogo crowdfunding campaign.

Zendure’s SuperBase Pro power station has raised over 49 million yen ($423,000 USD) on Makuake, one of Japan’s most popular crowdfunding sites. This is in addition to the $1.4M USD that the power station had earned from an earlier Indiegogo crowdfunding campaign.
Zendure’s SuperBase Pro power station has raised over 49 million yen ($423,000 USD) on Makuake, one of Japan’s most popular crowdfunding sites. This is in addition to the $1.4M USD that the power station had earned from an earlier Indiegogo crowdfunding campaign.

The money the company raised wasn’t the only victory SuperBase Pro enjoyed in Japan. The new power station also received a Good Design Award, after Zendure entered the product on the basis of its industrial design, unique features, and green energy focus.

Deliveries from the Indiegogo campaign are already underway in the US, and backers will start to receive their orders soon.

SuperBase Pro 2000 is the US-based company’s latest power station, which features IoT and GPS hardware, offline UPS functionality, and an intelligent companion app with remote control and green energy tracking features. The power station has built-in industrial grade wheels and an extending handle for maximum portability, and can deliver up to 4,000W of surge power. SuperBase Pro can be recharged to 80% in just one hour, and fully charged in two hours. The power station was demoed at CES 2022 in Las Vegas at Zendure’s camping-themed booth.

As part of the company’s Spring Sale, SuperBase Pro is currently available on Indiegogo InDemand with limited-time promotional pricing. The sale ends on March 10th, when the price will increase.

Hot on the heels of the SuperBase Pro campaign, Zendure also launched Passport III, a new travel adapter, on Kickstarter. Passport III has proven to be very popular, having surpassed its fundraising goal in the first minute of the campaign. The campaign has raised $350,000 USD so far from over 5,000 backers. There are two weeks left in the campaign.

In addition, Zendure has released teasers hinting at other products coming out this year, including another power station. Very little specific information has been released about the product.

"All I can say is, when it comes to the new power station, we’re being very quiet about it right now," said Zendure founder and CEO Bryan Liu.

Zendure is a portable power company with a focus on sustainable energy located in Silicon Valley in the United States and the Guangdong – Hong Kong – Macao Greater Bay Area in China. Since its establishment, Zendure has continuously launched innovative products, made rapid breakthroughs in the core technologies of energy storage and power supplies, and continues to bring pleasant surprises to the user experience. The company recently received a multi-million dollar series-A round of funding from a joint investment from Shanghai GP Capital and YOTRIO group.

Contacts:
Company name: Zendure
Media: Tom Haflinger 
pr@zendure.com
Phone: +1 800 219 0960

PR Newswire

National Arts Group Announces Joint Venture with National Treasury and First Bullion to Create Metaverse Studio

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HONG KONG, March 4, 2022 — Asian leading film production and distribution company National Arts Entertainment Group Holdings Limited ("National Arts" or the "Company"; with its subsidiaries referred as the "Group"; Stock Code: 8228.HK) announce the establishment of a joint venture (JV) company with the National Treasure Management Limited ("National Treasure"), a renowned artist management and entertainment programme production company, and First Bullion Holdings Inc. ("First Bullion") holding company of a digital exchange in the Philippines, to develop a virtual reality, a "dreams come true" experience.

The joint venture company will build a metaverse studio simulating National Arts’s Xiqiao Shan filmmaking studio, which is famous for the unique panoramic film shooting scenes such as National Palace Museum, Kowloon Walled City, the Hong Kong Street and Shanghai Street. Music concerts & contexts, talent quests, movie clips production are available at the metaverse studio, providing immersive online entertainment experiences to players.

Players would also enjoy online shopping at the virtual Shanghai Street malls backed by non-fungible token (NFT) via an e-commerce platform including on/off share payment gateways and goods delivery. For offline operation, the JV company will organize singing, acting, movie making and martial arts training for players to actualize the virtual experiences in reality.

Mr Chow Kai Weng, the Associate Chairman of the National Arts Group said, "Metaverse is the future of entertainment. As the first PRC film production company tapping into the metaverse, I am optimistic about the opportunity. We are open to expanding the virtual reality and even Metaverse businesses in the future. Our artist management will go hand in hand with the metaverse development. "

Mr Dennis Yu, the Executive Director of the National Treasure commented, "Bringing into blockchain and metaverse elements, we hope to redefine the entertainment industry with innovation. Metaverse studio will be a good chance to enhance the movies and music presentation, as well as the online-offline entertainment lifestyle to another level."

Mr Philip Tam Pak Yin, the Founder of First Bullion said, "To create the Metaverse Studio, we will bring together a critical mass of interconnected technologies, including virtual reality, artificial intelligence, augmented reality, blockchain, brain-computer interfaces, web 3.0, etc and the entertainment industry in the decentralized world. Our leading digital assets and STO exchange CryptoSX will fully support the Metaverse Studio to make it accessible and fun to all participants and users."

Under the Letter of Cooperation, the Group, First Bullion, and National Treasure will own 40%, 30% and 30% equity interest respectively in the JV company. Each of the party has right to appoint one director to the JV company. National Arts hopes to promote the GBA entertainment, online games and sales to the mass market through the metaverse studio. National Treasure will provide the design and arts direction for the virtual reality environment and virtual artists creation. First Bullion will support the blockchain technology related to the NFT e-commerce.

PR Newswire

OOm Appointed As A Pre-Approved Vendor For E-commerce Development PSG

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SINGAPORE, March 1, 2022 — OOm is now a pre-approved Productivity Solutions Grant (PSG) vendor to develop e-commerce websites. The PSG E-commerce development grant has been established as part of Singapore’s economic transformation plan to position the country as a leader in technology, innovation and entrepreneurship by offering up to 80% funding support for eligible small and medium-sized enterprises (SMEs) in Singapore. The support will help them further develop and expand their E-commerce website design and development journey with various E-commerce solutions offered by a pre-approved vendor for the PSG E-commerce web development grant.

OOm is a digital marketing agency that is now appointed as a pre-approved vendor for the E-commerce Development Productivity Solutions Grant (PSG).
OOm is a digital marketing agency that is now appointed as a pre-approved vendor for the E-commerce Development Productivity Solutions Grant (PSG).

To be eligible for the PSG grant for E-commerce, SMEs must meet the following requirements:

  • Own a registered and operating business in Singapore.
  • Purchase/lease/subscription of the IT solutions or equipment will be used in Singapore.
  • Have a minimum of 30% local shareholding; with Company’s Group annual sales turnover of not more than S$100 million, OR employee size of not more than 200 workers (for selected solutions only).

Prior to applying for this PSG grant for E-commerce, SMEs should also not have have:

  • Made payments to a supplier, vendor, or third party in connection with the purchase/lease of an IT system, equipment, or consulting service.
  • Signed any contract with a supplier, vendor, or third party for the purchase/lease of an IT solution, equipment, or consultation service has been signed.

Why Work With OOm As A Pre-Approved Vendor For E-commerce PSG?

For over 15 years, OOm has invested in a team of professionals with a wide range of skills and experience that can help companies reach their business goals digitally and that includes solutions such as E-commerce website design and development, search engine optimisation (SEO), search engine marketing (SEM), social media marketing (SMM), content marketing and many more. With the appointment of OOm as a pre-approved vendor for the PSG E-commerce grant, it is highly beneficial for SMEs to tap on the digital marketing agency’s PSG E-commerce website grant package.

"Digital marketing goes beyond SEO. It is also about understanding how to leverage e-commerce and build a strong and viable online presence. We believe this is where we can step in to help SMEs shine and proliferate," COO and Co-Founder of OOm, Wyvan Xu, also reflected on the digital marketing agency’s success.

Every pre-approved vendor for the PSG E-commerce grant, including OOm, has gone through a stringent assessment and selection process. Working with a pre-approved vendor for the PSG grant for website development comes with exclusive benefits, which includes the following:

  • Receive up to 80% support for E-commerce web development services

Once eligible SMEs have applied for the PSG E-commerce grant and received the approval, they can receive up to 80% funding support for E-commerce website design and development services.

  • Reach out to a global audience 24/7

A pre-approved vendor for PSG E-commerce grant can help SMEs with an approved PSG E-commerce web grant to set up an E-commerce website that people can access at any time and anywhere.

  • Improve operational processes

With key features offered by OOm’s PSG E-commerce web development grant package, operational processes can be automated and streamlined for a seamless online shopping experience for customers and smoother backend management for the SMEs. These key features include inventory management, secured e-payment, and customer loyalty management to name a few.

  • Increase profits by reducing operational expenses

An E-commerce store does not incur the operational expenses that a physical store requires, such as rent, electricity and utility overheads. This cost saving can lead to higher profits.

As an approved PSG vendor for both E-Commerce Web Development and Digital Marketing Solutions, OOm can tailor highly effective digital marketing strategies to accelerate SMEs’ sales after setting up their e-commerce store.
As an approved PSG vendor for both E-Commerce Web Development and Digital Marketing Solutions, OOm can tailor highly effective digital marketing strategies to accelerate SMEs’ sales after setting up their e-commerce store.

Building an E-commerce website is just a start, it should be paired with digital marketing strategies to expand the website’s reach in the long run. As an approved PSG vendor for both E-Commerce Web Development and Digital Marketing Solutions, OOm can tailor highly effective digital marketing strategies to accelerate SMEs’ sales after setting up their e-commerce store.

"This PSG E-commerce grant will be especially helpful to SMEs in a landscape disrupted by the pandemic. As a full-suite digital marketing agency, our expertise extends beyond just setting up an e-commerce website, we also provide services to market the e-commerce website to help businesses thrive in the digital world," said CEO and Co-Founder of OOm, Ian Cheow. As an agency that is approved as a PSG vendor for both E-Commerce and Digital Marketing solutions, SMEs can kill two birds with one stone by engaging in OOm’s PSG packages for both services.

About OOm

OOm has been one of the leading experts in digital marketing services and E-commerce solutions in Singapore since 2006. It is an award-winning agency and is recognised as a partner of digital giants with the following accolades – 2022 Premier Google Partner and Meta Business Partner.

With this latest recognition, they can provide E-commerce services to SMEs with the approved PSG E-commerce grant and help them establish their online presence and reach.

SME owners interested in learning more about E-commerce PSG may visit the E-commerce Development PSG page on their website or reach out to OOm with the following contact details.