Tag Archives: ECM

PR Newswire

Foot Locker, Inc. Selects Adyen to Power In-Store and Online Payments Internationally

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AMSTERDAM, Oct. 6, 2020 — Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today that it has been selected by Foot Locker, Inc., the New York-based specialty athletic retailer, to power payments in various markets and sales channels globally. Foot Locker and Adyen have been working together since 2018.

"Adyen’s single platform and global reach allow Foot Locker to provide an exemplary payment experience that’s tailored to the needs of our customers in various markets across North America, Europe, and APAC," said John Wompey, VP of Customer Connectivity at Foot Locker. "Adyen’s ability to accelerate and simplify the implementation process has been critical to our continued success in these markets."

"As always, we aim to give our merchants the ability to give their customers the best experience and we are thrilled to continue to grow the relationship with Foot Locker and help them do so," said Kamran Zaki, COO at Adyen. "Foot Locker is in a unique position to bring the best of athletic footwear and appeal to more customers globally and we are proud to partner with them."

For more information, visit www.adyen.com.

About Adyen
Adyen (AMS: ADYEN) is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L’Oréal. The cooperation with Foot Locker, Inc. as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.

About Foot Locker Inc.
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, Runners Point, and Sidestep.  With 3,100 retail stores in 27 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company’s purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community.  Foot Locker, Inc. has its corporate headquarters in New York.  For additional information please visit www.footlocker-inc.com.

Logo – https://mma.prnasia.com/media2/432569/Adyen_Logo.jpg?p=medium600  

Related Links :

http://www.adyen.com

PR Newswire

Rarekind Unveils its New Glittering Eye Makeup Products on Amazon

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NEW YORK, Oct. 6, 2020 — Rarekind, a professional makeup brand from the global beauty company Amorepacific, has expanded its product line with the latest Ready to Crush Shadow on Amazon, boasting bold and unique style with the newest textures and colors. The new beauty offerings from Rarekind will have the user shimmering with five gorgeous sparkling shades.

Rarekind introduces Ready To Crush Shadow on Amazon
Rarekind introduces Ready To Crush Shadow on Amazon

Entering the US online market in August, Rarekind, the winner of Allure Magazine’s "Best of Beauty Award" and "Editor’s Pick" in Korea, presents an overwhelmingly glamorous glitter for those who are fed up with the usual blandness of other kinds of glitter. The 5 shades and shadows come in a shimmering finish that will make eyes pop. When the glittery shadows are applied to cheek bones and collarbones, their light and natural glow can make entire face look lifted.

As a brand with environmentally conscious, the new eyeshadow collection has been formulated without any animal oil, animal ingredients and any ingredients that have been tested on animals.

Rarekind Ready To Crush Shadow：

5 colors available-01 New Rules, 02 Lucky Punch, 03 My Match, 04 Straight, and 05 Hit

  • No caking sparkling glitter
  • As much sparkle as a user wants
  • Long-lasting glitter

Rarekind Ready To Crush Shadows are now available on US Amazon.

About Rarekind

Rarekind is a professional color makeup brand launched by Korea’s leading beauty company Amorepacific in 2018. The brand is for those who have outstanding attraction, uniqueness and who can deliver their own story with compelling identity. Rarekind aims to show "makeup doesn’t have to be boring or neat — it can be playful and expressive."

For more information:

Official Site: www.rarekind.com
Social Media: https://www.instagram.com/rarekind_official/

 

Related Links :

http://www.rarekind.com/

PR Newswire

Made-in-China.com to appear on 128th Canton Fair B2B cross-border e-commerce zone

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NANJING, China, Oct. 5, 2020 — Recently, the COVID-19 is still spreading around the world that brings the world into post epidemic time. After the 127th China Import and Export Fair (Canton Fair) being held online, the 128th Canton Fair will be held online continually for 10 days which from October 15th to 24th. The spokesperson of China’s Ministry of Commerce said that "To hold the Canton Fair online is conducive to further playing its role as an all-round open platform for foreign trade, promoting the stable and healthy development of foreign trade in a time of normalized epidemic prevention and control, and to ensuring an unimpeded foreign trade industry chain and supply chain. We will work hard to provide better and more convenient services for the exhibitors and buyers. Chinese and foreign enterprises and buyers are welcome to actively participate in the exhibition and do business".


The 128th virtual Canton Fair will set up a cross-border e-commerce zone dedicated to promoting the integrated pilot zones. Made-in-China.com, as the leading comprehensive third-party B2B e-commerce platform in China, has been successfully selected as one of the official partners to have a seat in this cross-border e-commerce zone. Made-in-China.com will hold online simultaneous events from October 15th to 24th, which will create digital, immersive and convenient sourcing experience for global buyers.

With a focus on global trade and e-commerce, Made-in-China.com has been dedicated to developing technologies about SMART EXPO since 2016. Combining the advanced technologies like VR, 360 virtual tour and live streaming, with abundant experiences of holding expos, Made-in-China.com created the original mode of "internet + expo" in China’s exhibition field while is still keeping improving and upgrading it to a higher level.

And this time, Made-in-China.com has upgraded SMART EXPO signally. The new services like "Global Live Streaming", "Buyers’ Choice" and "Online Trading Hall" together with "Online Meeting" and "Instant Multilingual Translation" these existing functions can bring buyers an immersive experience that inquiring, promoting and trading in real-time. Moreover, Made-in-China.com prepares bonds of e-coupon for buyers to use when purchase the products in Online Trading Channel, making them get the real benefits in this difficult post epidemic time.

Predictably, the 128th Canton Fair being hold online would further activate the global trade, create new market channel, energize the global industry chains and stabilize the global supply chains. "This time, Made-in-China.com will focus on ‘Otaku Economy’ which is the emerging demand of global market, and providing huge quantities of products and detailed service for global buyers. We welcome all global buyers visit our platform at the 128th Canton Fair B2B cross-border e-commerce zone," said Li Lei, the CEO of Made-in-China.com.

PR Newswire

InComm Japan Expands QR and Barcode Payment Capabilities

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Five new QR/barcode payment brands added to InComm’s already extensive payment network

TOKYO and ATLANTA, Oct. 2, 2020 — InComm, a leading payments technology company, today announced that it has partnered with five overseas QR and barcode payments processors to facilitate acceptance of their technology at retailers across Japan. These processors include AlipayHK and UnionPay QR code, which are popular in China, EZ-Link Wallet and Kakao Pay from Korea, and Touch’n Go eWallet from Malaysia.

InComm Japan provides QR/barcode payments at the point of sale through connections at over 50,000 retail stores in Japan, including major convenience stores, drug stores, electronics retail stores, department stores, and supermarkets. InComm has an established range of overseas partners such as Alipay and domestic brands such as au PAY, d payment® and PayPay. With the addition of these brands, InComm will now offer a total of 22 payments partners, including 12 Japan-based brands and 10 overseas brands. InComm Japan not only brings connectivity, but also provides one-stop operational support, such as integration, sales and marketing campaigns, and customer support for merchants.

"The pandemic has had an unfortunate effect on tourism, but we are preparing for the future recovery," said Takumaro Arai, Senior Vice President and General Manager, InComm Japan. "We’re helping our retail partners prepare to handle their customers’ payment of choice by partnering with new services that bubble up in popularity within our region."

This partnership is in line with the Japanese government’s commitment to raising the volume of cashless payments by facilitating growth within the financial technology industry. InComm is playing a major role in this scenario, helping connect payment platforms with its ever-growing retail network.

About InComm Japan
InComm Japan is a subsidiary of InComm, a leading payments technology headquartered in Atlanta, Georgia, United States. InComm holds 386 global patents and is an innovator in point-of-sale activation and prepaid technologies; the company’s presence in Japan includes 65,000 retail locations ranging from convenience, drug, home appliance, and discount stores to mass retailers, supermarkets and other retailers. InComm Japan is currently expanding its payment capabilities to better serve its partners through the coordination of multiple domestic and foreign payment operators. Its focus on streamlining QR and barcode payments for point-of-sale integration began in 2017 through targeted acquisitions of QR and barcode payment technology and system assets.

About InComm
By building more value into every transaction through innovative payment technologies, InComm creates seamless and valuable commerce experiences. InComm’s unique products and services – which range from gift card malls to enhanced payment platforms – connect companies across a wide range of industries including retail, healthcare, tolling & transit, incentives and financial services to an ever-expanding consumer base. With more than 25 years of experience, over 500,000 points of distribution, 386 global patents and a presence in more than 30 countries, InComm leads the payments industry from its headquarters in Atlanta, GA. Learn more at www.InComm.com. 

Media Contacts:

Nilce Piccinini
Sr. Communications Manager
InComm
404-935-0377 
npiccinini@incomm.com

Anthony Popiel
Dalton Agency
404-876-1309
apopiel@daltonagency.com

Logo – https://techent.tv/wp-content/uploads/2020/10/incomm-japan-expands-qr-and-barcode-payment-capabilities.jpg

Related Links :

http://www.incomm.com

PR Newswire

Giift launches “GiiftPay”

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A Mobile Payment Loyalty App for SMEs and Consumers

SINGAPORE, Oct. 2, 2020 — Today, Giift, the Loyalty Marketplace specializing in the exchange of loyalty currencies (points, miles, gift cards, rewards) announced that it has launched GiiftPay, a Coalition Reward Program for SMEs and consumers.

 

 

A turnkey solution, GiiftPay enables merchants to enroll to the Giift Coalition Program, deploy it instantly through their payment gateway, and issue coalition points to consumers when they pay. GiiftPay also empowers merchants to create and push digital offers to millions of consumers driven by the Coalition Program and boost their business.

GiiftPay is a state-of-the-art solution aligns perfectly the interests of:

  • Small merchants, willing to be part of a large reward program, and to acquire additional customers from the program network;
  • Payment processors, gateways or e-wallets, ready to provide added value services to their merchants, in addition to their standard transactional solutions;
  • Consumers, eager to earn coalition points that they can redeem anywhere.

"GiiftPay offers a unique value proposition for payment gateways, mobile payment technologies, small merchants and consumers at the same time. With GiiftPay, we address a massive market made of thousands of payment processors and e-wallets, millions of SMEs and billions of dollars of daily transactions. Our objective is to deploy GiiftPay within such ecosystem," adds Pascal Xatart, Co-Founder & Director, Giift.

About Giift.com: Giift innovative end to end loyalty technology turns rewards programs into fungible currencies. Giift operates in more than 50 countries, with offices in New York, London, Singapore, Wuhan, Nairobi, Dubai, Jakarta, Mumbai, Colombo, Doha, and Dhaka. Giift business model is transaction based.

Logo – https://techent.tv/wp-content/uploads/2020/10/giift-launches-giiftpay.jpg

For more information about this story, contact:
pascal.xatart@giift.com
www.giift.com

 

 

Related Links :

https://www.giift.com

PR Newswire

ZHIYUN Unveils Best Gimbal Discounts on 2020 Amazon Prime Day

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SHENZHEN, China, Oct. 1, 2020 — ZHIYUN, the world leader in professional stabilization systems, will offer the best gimbal discount deals on 2020 Amazon Prime Day for a wide range of its products including  WEEBILL S, CRANE 2, SMOOTH Q2, SMOOTH 4, CRANE 3S, SMOOTH X, CRANE 2S, etc. Get up to 30% off to save up to $150. 

Prime Day Deals
Prime Day Deals

ZHIYUN Amazon Prime Day Deals will last from October 2nd to October 18th at local time on the ZHIYUN US Amazon Store and ZHIYUN official Store. For any photography beginners or professionals who want to step up their skills, this is a cost-effective chance to purchase their ideal gimbal(s).

To purchase ZHIYUN products at the discounted Amazon Prime Day prices, please visit ZHIYUN Amazon Store and ZHIYUN Official Store.

Below is a complete list of the discounted gimbals:

Crane M2 — the portable gimbal offers great compatibility with multiple devices such as compact cameras, light mirror-less cameras, smartphones, and action cameras.

WEEBILL S Image Transmission Pro-Package — WEEBILL S features the Image Transmission System that supports image transmission connection on three devices at a time for professional monitoring as well as cost saving and flexible livestreaming.

WEEBILL S — the most popular camera gimbal ever can easily handle mainstream mirror-less and DSLR camera and lens combos with its lightweight body and unique sling mode for an effortless shooting experience.

WEEBILL S Zoom/Focus Pro-Package — WEEBILL S has Zoom/Focus for quick focus control on gimbal.

Smooth Q2 — the truly multifunctional portable pocket-size 3-axis phone gimbal with Pan Following Mode, Following Mode, Lock Mode, Vortex Mode and POV Mode for your wildest creativity.

Smooth X — the world’s first pocket-size selfie-stick phone gimbal that makes phone shooting such fun. It comes with the ZY Cami APP featuring functions like gesture control, object tracking, beauty camera, and smart filmmaking.

Smooth X Package — Smooth X plus a tripod for fun shooting anywhere.

Crane 3S-E — the first hand-held gimbal ever with a whopping 6.5 KG payload that can carry large DSLR cameras ranging from Canon EOS 1DX, Blackmagic Pocket Cinema Cameras, Canon Cinema EOS, Sony FS and FX series, to RED Digital Cinema Cameras.

Crane 3S — the Crane 3S-E package comes with a Smart-sling Handle featuring an intuitive control panel and OLED screen, for direct camera and gimbal parameter adjustment or combine them together.

Crane 3S Pro-Package — the Crane 3S package comes with TransMount PowerPlus Battery Pack, TransMount Image Transmission Transmitter and TransMount Focus/Zoom Combo Kit for the ultimate professional shooting tasks.

Smooth 4  — it turns the mobile phone into a professional film-making camera, helping users create stable and smooth footage with just their phone.

Crane 2S — the upgraded version of the legendary gimbal CRANE 2 with optimized motor control algorithms and motor power that handles BMPCC 6K, Panasonic S1H, Canon EOS 1DX Mark II, Nikon D850 with total ease.

Crane 2S Combo Package — the Crane 2S package comes with the TransMount Hand-held Mini Tripod for easier shooting experience.

About ZHIYUN

Zhiyun Tech is a pioneer and a world leader in gimbals and stabilizers for both professional filmmakers and personal video creators. Zhiyun’s innovative solutions and dedication to delivering products that go beyond customers’ expectations strengthen the belief that everyone can be an excellent filmmaker with the right gimbal to equip with their shooting device. Learn more about Zhiyun Tech at www.zhiyun-tech.com or check us out on Facebook: @ZhiyunGlobal or follow us on Instagram: @Zhiyun_Tech

 

Related Links :

http://www.zhiyun-tech.com/

PR Newswire

YouTrip Introduces Latest 3DS 2.0 for Enhanced Fraud Detection and Seamless Online Payment Experience

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SINGAPORE, Oct. 1, 2020 — YouTrip, Singapore’s leading multi-currency mobile wallet introduces 3-Domain Secure 2.0 (3DS 2.0) authentication protocol to offer enhanced security for online transactions, as e-commerce transactions are expected to be the new-normal of purchasing. YouTrip 3DS 2.0 technology provides a more seamless and secure payment experience compared to its 1.0 predecessor, reducing payment dropout and fraud rate by up to 50%. The latest 3DS 2.0 technology is the first update to the payment technology since 3DS 1.0 was launched in 2001.

Pandemic-driven Digital Shift

As consumers started relying more on online shopping during the Circuit Breaker period (April to June), YouTrip has observed a 300% quarterly growth in e-commerce transactions as compared to the same period last year. Seeing the upward growth in YouTrip transactions on local and overseas online merchants, YouTrip introduces 3D Secure 2.0 as an additional layer of security to reduce fraudulent activities in online transactions. A research conducted by Mastercard showed that consumers will continue to prefer shopping online than in-stores even after the pandemic, boosting the shift to digital commerce for safety and convenience purposes.

Ms Caecilia Chu, Co-Founder and CEO of YouTrip shares: "Seeing how our YouTrip users are channelling their travel spirit to purchasing items from all over the world, it’s more critical than ever that we ensure a secure payment experience so they can fully enjoy the convenience of online shopping!"

YouTrip’s 3DS 2.0

YouTrip has implemented the 3DS 2.0 technology, a mandatory protocol by European card schemes standards as of October 2019 to improve the customer payment experience for users in Southeast Asia region.

One of the pain points of 3DS 1.0 is the cumbersome payment experience that has resulted in 22% of payments getting lost during the authentication process. Typically, 3DS 1.0 requires users to input either a static password or SMS One-Time password sent a registered mobile number to verify their payment.

With YouTrip’s 3DS 2.0 in place, users will be prompted to authorise their online payments through their YouTrip app. By logging into the YouTrip app to authorise the payment, it ensures that the transaction amount and merchant being paid to is made by the user. The overall user experience of authenticating through YouTrip 3DS 2.0 interface is more seamless than its predecessor.

Enhanced Security to Combat Fraud

With 10 times more risk assessment data points than 3DS 1.0, YouTrip 3DS 2.0 provides a more robust risk-based authentication to screen online merchants. By analyzing over 150 key data points related to the transactions, YouTrip 3DS 2.0 technology is able to better determine if it’s an actual purchase by the user and reduces transactions being falsely declined. Within the first two weeks of launch, YouTrip has reduced the possibility of potentially fraudulent activities by 15%.

"YouTrip’s journey to creating the best mobile financial services in Southeast Asia has only just begun! We’ll continue to innovate and leverage our technological expertise to provide the best cross-border payment experience – both online and offline for our users," Caecilia adds.

Borderless Payment Experience

Beyond security enhancement purposes, YouTrip 3DS 2.0 expands online shopping options for users to shop securely from all 3DS-enabled merchants worldwide. The latest authentication process also allows YouTrip users who are based overseas to enjoy the same seamless and secure online payment experience, since the authentication process is done via the YouTrip app and not SMS One-Time-Password (OTP) to a Singapore number.

About YOUTRIP

YouTrip is a regional financial technology startup, dedicated to creating the best mobile financial services for travellers across Southeast Asia by simplifying overseas spending and creating a fuss-free travel experience. YouTrip first launched in Singapore in 2018 and subsequently in Thailand in 2019.

For more information, please visit www.you.co

Logo – https://photos.prnasia.com/prnh/20200514/2804174-1LOGO?lang=0

Related Links :

http://www.you.co

PR Newswire

Rokt appoints new CTO to accelerate technological innovation in the next stage of growth

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E-commerce tech company continues to invest in strengthening the executive team with appointment of new CTO, Corey Bertram

NEW YORK, Sept. 30, 2020 — Rokt, the global leader in e-commerce marketing technology, has been actively expanding its leadership team – and today announced that Corey Bertram has joined the executive team as Chief Technology Officer. Bertram brings to the team deep technical experience – with a background in chaos engineering, infrastructure, and software architecture- as well as a new energy to propel Rokt into its next phase of growth.

Rokt welcomes Corey Bertram as Chief Technology Officer.
Rokt welcomes Corey Bertram as Chief Technology Officer.

Prior to Rokt, Corey oversaw Datadog’s Infrastructure & SRE teams through its extensive multi-cloud growth in its lead-up to IPO. Bertram also led the engineering division of Timshel, building the underlying platform technology for Hillary Clinton’s 2016 presidential campaign. In his time at Netflix, Bertram oversaw the expansion of the company’s Chaos Engineering functionality as its customer base grew globally to over 75 million customers. Bertram will be responsible for inspiring and growing Rokt’s engineering team, driving forward the technical vision for the business, and delivering the world class technology Rokt has become renowned and awarded for.

CEO Bruce Buchanan commented, "We are thrilled to welcome Corey to the executive team. Corey’s true visionary mindset, combined with our suite of innovative technology, will lead our continued investments in tech and further solidify our commitment to creating world-leading solutions for e-commerce brands."

"The vision and opportunity to scale at Rokt captured my attention from the very beginning. I’m excited about solving complex issues that will help the business deliver on our core mission with transformative technology," said Bertram of his new role. He continued, "Rokt has a great culture and great culture brings great people – I’m looking forward to leading and mentoring this team of talented Engineers."

Rokt, who recently closed US$48m in their Series C investment round, continues to invest in strengthening the executive team. Bertram joins new Marketing SVP, Pascal Ehrsam, also appointed this month, as well as  3 additional executive appointments in 2020. Rokt has transformed e-commerce in over 16 countries by identifying that when customers are buying online, they expect more personalized and relevant experiences. Rokt’s proprietary technology, machine learning, and AI makes e-commerce smarter, faster, and better. By unlocking the hidden potential in every single Transaction Moment™, Rokt enables clients to deliver a more relevant customer experience and improve commercial results including meaningful uplifts in revenue. Rokt currently solves complex e-commerce challenges for global clients including Live Nation, Staples, Groupon, GoDaddy, and Expedia.

For more information on Rokt, please visit rokt.com.

ABOUT ROKT

Rokt makes e-commerce smarter, faster, and better. When customers are buying online, they expect more personalized and relevant experiences. Rokt uses real-time data and decisioning to deliver the next best action for each person in each Transaction Moment™.

Founded in Sydney, Rokt now operates in the US, Canada, UK, France, Germany, Australia, New Zealand, Singapore, The Netherlands, Spain, Japan, Ireland, Sweden, Norway, Denmark, and Finland.

Our clients include Live Nation, Staples, Groupon, GoDaddy, Expedia, Vistaprint, and HelloFresh. 

Rokt unlocks the hidden potential in every single Transaction Moment™.

Learn more at rokt.com.

Photo – https://techent.tv/wp-content/uploads/2020/09/rokt-appoints-new-cto-to-accelerate-technological-innovation-in-the-next-stage-of-growth.jpg
Logo – https://techent.tv/wp-content/uploads/2020/09/rokt-appoints-new-cto-to-accelerate-technological-innovation-in-the-next-stage-of-growth-2.jpg

Related Links :

https://rokt.com/

PR Newswire

Tradewheel.com Joins the 128th Canton Fair’s Media Resource Exchange Program to Form a Partnership

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SHANGHAI, Sept. 29, 2020 — The 128th Canton Fair will be held online (https://www.cantonfair.org.cn/) from Oct. 15 to 24, 2020. The promotion of the 128th session of Canton Fair is underway.

In organizing exhibitions, this Canton Fair still features 50 sections under 16 categories, and all content will go online at the same time. The cross-border e-commerce section will also be set up at this session to promote the comprehensive pilot zones for cross-border e-commerce. It will work with B2B cross-border e-commerce platforms to benefit more enterprises.

In inviting buyers, this Canton Fair will step up efforts and expand the scope. It will launch series events globally, including "cloud promotion," "cloud invitation," and "cloud contract signing" and continue to promote itself through internationally famous social media services and search engines, so as to attract more buyers to attend this session.

In building the platform, this session will focus on optimizing the platform’s functionalities, including improved experience for buyers, better search and display results, and more efficient matchmaking between suppliers and buyers. Using cloud technologies and other innovative measures, this session will enable participants to browse information about exhibitors and their exhibits, advertise their products via live streaming, communicate with each other in real-time, make reservations for negotiation, and match with potential trading partners.

Furthering its dedication to being the leading e-commerce platform for commercial trade operations, Tradewheel.com is pleased to join the 128th Canton Fair’s Media Resource Exchange Program.

With its robust portfolio of thousands and thousands of exporters, Tradewheel.com works to assist the worldwide organizations and businesses across numerous industries to capture the attention of potential buyers in real-time, along with offering elite user experience. Using a rich user interface to exhibit a wide range of quality assured products, it covers the entire process, from introductions to the transaction. Its interface is purpose-built for wholesale traders, offering them to run their business on their terms.

"We are excited to partner with Canton Fair," said Noman Javed, CEO of Tradewheel.com. "With the services of Tradewheel as the Media Resource Exchange Program partner of Canton Fair, we are putting the power in the hands of the agency to offer businesses new marketing solutions. The dynamics of this partnership will definitely generate more opportunities for the businesses involved with the trade exhibitions."

About Canton Fair:

China Import and Export Fair, also known as Canton Fair, is established in 1957. Co-hosted by the Ministry of Commerce of PRC and the People’s Government of Guangdong Province and organized by China Foreign Trade Centre, it is held every spring and autumn in Guangzhou, China.

About Tradewheel.com:

Tradewheel.com is a progressive online B2B marketplace with expertise in digital media, business leads, and commercial trade operations. Known in the industry to connect the global traders with genuine customers, it is one of the most reliable digital sources for international traders.

Related Links

Canton Fair Media Resource Exchange Program

PR Newswire

Hexindai Launches Elite Influencers Program on Xiaobai Maimai

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BEIJING, Sept. 25, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that the newly launched Elite Influencers Program on Xiaobai Maimai, a new-form of social e-commerce platform released in May 2020, has made good progress and delivered impressive results.

The Elite Influencers Program was designed for users of Xiaobai Maimai to attain higher returns on top of the regular commissions they receive for every purchase, share or recommendation of a product to family and friends. Users of Xiaobai Maimai can become Elite Influencers and enjoy higher commission rates as their influence reaches certain performance milestones. Currently, the Elite Influencers introduced to the platform are primarily WeChat merchants who have considerable influence on social e-commerce in China. This group of Elite Influencers were selected for their rich experience in social e-commerce, regular engagement with an extensive follower base, and their sales on WeChat, including popular shopping categories such as maternal and infant products, household goods, and cosmetic products.

Mr. Xiaobo An, Founder, Chairman and Chief Executive Officer of Hexindai, commented, "The key to social e-commerce is effective communication between communities, and our Elite Influencers Program is a win-win solution built on effective communication. Leveraging their social influence and large follower base, Elite Influencers attract additional traffic to our platform and facilitate sales with every move they make on social media. They will enjoy higher commission rates without bearing the risks associated with maintaining stocks and inventories. At the same time, consumers can save on quality products with the discounts, coupons and rebates offered by Xiaobai Maimai. Since the launch of the Elite Influencers Program, we are very pleased to see significant improvements in a number of operating metrics on Xiaobai Maimai. In August 2020, our monthly active users accounted for approximately 61% of the total registered members of Xiaobai Maimai, representing a significant increase from 29% in June 2020. The monthly orders increased threefold from June 2020 to August 2020, and the number of monthly page views increased by nearly 60 times from June 2020 to August 2020. Going forward, we will continue to promote the Elite Influencers Program to more users, including influential WeChat merchants, retail store merchants, members of mothers’ clubs and farmers’ markets, and part-time merchants. We believe that the Elite Influencers Program will effectively expand our user base and increase traffic to and revenues generated from our platform. At the same time, we also intend to promote social employment through our efforts and further fulfill our corporate social responsibility."

About Hexindai Inc.

Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company") is a mobile e-commerce and consumer lending platform based in Beijing, China. The Company collaborates with brands both online and offline to offer high-quality and affordable branded products through its new form of social e-commerce mobile platform and facilitates loans to meet the increasing consumption needs of underserved prime borrowers through its online consumer lending marketplace. Hexindai’s strong user acquisition capabilities, cutting-edge risk management system, and strategic relationships with respected financial institutions allow the Company to generate higher customer satisfaction, reliance, and realize fast growth.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: the Company’s goals and strategies; its future business development, financial condition and results of operations; the expected growth of the social e-commerce industry, the credit industry, and marketplace lending in particular, in China; the demand for and market acceptance of its marketplace’s products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.

For more information, please visit ir.hexindai.com.

For investor inquiries, please contact:

Hexindai

Investor Relations
Ms. Zenabo Ma
Email: ir@hexindai.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10- 5900-1548
E-mail: Eyuan@christensenir.com

In US

Mr. Tip Fleming
Phone: +1-917-412-3333
Email: tfleming@Christensenir.com

 

Related Links :

http://www.hexindai.com