Tag Archives: FVT

For 2020, The World Innovation Summit for Health (WISH) Delivers Leading Speakers and Compelling Discussions via an Immersive Virtual Platform

DOHA, Qatar, Nov. 9, 2020 — The World Innovation Summit for Health (WISH) returns on 15 November, 2020, offering an impressive range of speakers, networking opportunities, discussions and presentations that explore global health challenges, and – all presented through a purpose-built 3D virtual platform.

Oscar-winning actor, humanitarian and activist, Morgan Freeman, keynote speaker at the World Innovation Summit for Health 2020 (Photo credit: Nigel Parry)
Oscar-winning actor, humanitarian and activist, Morgan Freeman, keynote speaker at the World Innovation Summit for Health 2020 (Photo credit: Nigel Parry)

In light of the current pandemic, the biennial global gathering of healthcare leaders is being held online, will be free to attend and, for the first time, members of the public are being invited to register. Additionally, WISH 2020 will take place over five days rather than the usual two, running from 15-19 November.

COVID-19 will feature prominently, as will a range of other global health challenges, including climate change and health, childhood toxic stress, mental health and digital technologies, and immunotherapy.

Confirmed speakers include the WHO director general, Dr. Tedros Adhanom Ghebreyesus; Sweden’s chief epidemiologist, Dr. Anders Tegnell; WHO COVID-19 special envoy, Dr. David Nabarro; award-winning, Sudan-based medic and humanitarian, Dr. Tom Catena; and California’s surgeon general Dr. Nadine Burke Harris.

Actor, activist and philanthropist Eva Longoria will add her voice to the discussions around the impact of the pandemic and global health inequalities experienced by women and girls of color. Iconic Oscar-winning actor Morgan Freeman will give a keynote speech around the topic of the need to focus on early childhood health in a world struggling to combat global warming and conflict.

More than 300 speakers and panelists have been confirmed so far, with more to be announced in the lead-up to the event.

Innovators and health entrepreneurs will be showcased in an expansive ‘Innovation Hub’ exhibition space, which will also feature organizations committed to building a healthier world, including The Carter Center, Save The Children, and UNICEF.

The WISH platform will also feature a library, a cinema, a networking area, and a wellness zone.

Sultana Afdhal, CEO of WISH, said: "This year more than ever, we have witnessed the importance of collaborating to tackle global health challenges. While we’re disappointed not to be able to welcome visitors to a physical event in Doha, we are looking forward to virtually welcoming many more people to WISH than would normally be possible."

WISH is an initiative of Qatar Foundation. More details regarding the summit, including details of how to register, can be found at www.wish.org.qa

Photo – https://mma.prnasia.com/media2/1329348/world_innovation_summit_morgan_freeman.jpg?p=medium600

 

Sungrow Announces Roadshow Debuting the Latest 1500V Outdoor Central Inverter Solutions in the United States

SAN FRANCISCO, Nov. 6, 2020 — Sungrow, the global leading inverter solution for renewables, is launching roadshows spanning the United States, debuting the latest 1500V central and string inverter solutions tailored to North America. With products on display in a semi-truck, the 17-stop tour started from Denver on November 2 will last until the end of December.

Sungrow Roadshow 2020
Sungrow Roadshow 2020

The outdoor central inverter solution SG3600UD-MV for 1500V system is optimized for utility-scale installations, featuring a high DC/AC ratio up to 2.0 and being compatible with bifacial modules and tracking systems, enabling high yields. The inverter is prefabricated with inputs for DC-coupled storage solutions which could be added at a later stage. In addition, it supports PCS mode so that the battery can be charged by grid and regulation will be more flexible. Furthermore, equipped with the self-constructed function, the inverter solution can construct AC power by controlling the inverter to work in voltage frequency mode, thereby supplying AC power for debugging of the equipment in advance, ensuring a shorter commissioning duration.

Also on display is the 1500V string inverter SG250HX, one of the best-selling PV inverter solutions for utility-scale applications with over 5 GW deployed till now.

"Sungrow is excited to debut the latest product portfolio in the creative and immersive roadshow amid pandemic. Keeping social distancing is our priority to maintain the health and safety of attendees on-site," said Hank Wang, General Manager of Sungrow Americas.

With a comprehensive local team offering professional full-service, Sungrow has extended partnership with a magnitude of EPCs, distributors and integrators. The celebrated projects across the regions include Techren 2, a 250 MWp project located in Nevada, largest solar projects under construction in Wyoming and Washington State and the biggest plant online in Rhode Island.

The Company continues an upward growth trajectory with an expected inverter shipment of nearly 5 GW in the United States this year, leading the market share locally.

About Sungrow

Sungrow Power Supply Co., Ltd ("Sungrow") is the world’s most bankable inverter brand with over 120 GW installed worldwide as of June 2020. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 23-year track record in the PV space, Sungrow products power installations in over 120 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com.

 

Related Links :

http://www.sungrowpower.com

iQIYI to Report Third Quarter 2020 Financial Results on November 16, 2020

BEIJING, Nov. 6, 2020 — iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the third quarter ended September 30, 2020 after the U.S. market closes on November 16, 2020.

iQIYI’s management will hold an earnings conference call at 7:00 PM on November 16, 2020, U.S. Eastern Time (8:00 AM on November 17, 2020, Beijing Time).

Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

Participant Online Registration:  http://apac.directeventreg.com/registration/event/2948288

It will automatically direct you to the registration page of "iQIYI Third Quarter 2020 Earnings Conference Call", where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter "2948288".

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

A telephone replay of the call will be available after the conclusion of the conference call through November 24, 2020.

Dial-in numbers for the replay are as follows:

International Dial-in  

+61 2 8199 0299

Passcode:

2948288

A live and archived webcast of the conference call will be available at http://ir.iqiyi.com/.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, professional user generated content and user-generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, online games, live broadcasting, IP licensing, talent agency, online literature and e-commerce etc.

For more information, please contact:

Investor Relations
iQIYI, Inc.
+86-10-8264-6585
ir@qiyi.com

Related Links :

http://www.iqiyi.com

Baidu to Report Third Quarter 2020 Financial Results on November 16, 2020

BEIJING, Nov. 6, 2020 — Baidu, Inc. (Nasdaq: BIDU), a leading search engine, knowledge and information centered Internet platform and AI company, today announced that it will report its financial results for the third quarter ended September 30, 2020, after the U.S. market closes on November 16, 2020. Baidu’s management will hold an earnings conference call at 8:15 PM on November 16, 2020, U.S. Eastern Time (9:15 AM on November 17, 2020, Beijing Time).

Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

For pre-registration, please click

http://apac.directeventreg.com/registration/event/2876397. It will automatically direct you to the registration page of "Baidu Q3 2020 Earnings Conference Call", where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter "2876397".

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

Additionally, a live and archived webcast of this conference call will be available at http://ir.baidu.com.

A replay of the conference call may be accessed by phone at the following number until November 24, 2020:

International:

+61 2 8199 0299

Passcode:

2876397

About Baidu

Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. Baidu aims to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, ten ADSs represent one Class A ordinary share.

For investor inquiries, please contact:

Investors Relations, Baidu, Inc.
Tel: +86-10-5992-8888
Email: ir@baidu.com

Related Links :

http://www.baidu.com

Hexindai to Hold Annual General Meeting on December 16, 2020

BEIJING, Nov. 6, 2020 — Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a mobile e-commerce and consumer lending platform in China, today announced that it will hold an annual general meeting of shareholders (the "AGM") at the Conference Room, 5th Floor, Block C, Shimao, No. 92 Jianguo Road, Chaoyang District, Beijing 100020, People’s Republic of China, at 10:00 a.m. (Beijing Time) on December 16, 2020. Shareholders listed in the register of members of the Company at the close of business on November 6, 2020 (Cayman Islands Time) are entitled to receive notice of, attend and vote at, the AGM or at any adjournment that may take place. Beneficial owners of the Company’s American Depositary Shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares which are represented by their ADSs must act through Citibank, N.A., the depositary of the Company’s ADSs, and should give voting instructions to Citibank, N.A. accordingly.

Copies of the notice of AGM, which sets forth the resolutions to be proposed to and voted upon by the shareholders, the proxy statement and the Company’s annual report on Form 20-F for the fiscal year ended March 31, 2020 are available on the Investor Relations section of the Company’s website at http://ir.hexindai.com/ and on the SEC’s website at www.sec.gov.

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.

For more information, please visit http://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://ir.hexindai.com/

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

TOKYO, Nov. 5, 2020 — COVID-19 has affected the four cornerstones of connectivity, shared, electric and autonomous (C.A.S.E.) in the mobility industry, even as it continues to incubate new consumer behaviors, competitive responses, innovation strategies, and business models. The crisis has provided a massive impetus to digital initiatives across the mobility value chain. Stakeholders are accelerating digital transformation with innovative, digitally-driven business models and value-added services that will underpin the push towards a stronger, more resilient future.

Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence
Frost & Sullivan Intelligent Mobility Summit 2020 to Spotlight Industry’s Digitally-driven Roadmap for Post-COVID Recovery, Resilience and Resurgence

To understand how digitization is reinventing the mobility landscape, the theme of this year’s Frost & Sullivan’s Intelligent Mobility Summit 2020 is "Intelligent Mobility: The Digital Acceleration".  The two-day online summit, scheduled to be held on November 24-25, 2020 will offer unique insights into the role of digital technologies in helping stakeholders, particularly across the Asia-Pacific region, navigate the new normal and shape the future of mobility in a post-COVID scenario.

To register your attendance at this premier, must-attend flagship Intelligent Mobility Summit, please visit: http://frost.ly/4su

This year’s complimentary event brings together Frost & Sullivan’s mobility experts and industry thought leaders, including Ashwani Gupta, Director, COO/CPO, Nissan Motor Co., Ltd.; Christopher Wehner, Managing Director, BMW Group Asia; Pras Ganesh, Project Executive Vice President, Toyota Daihatsu Engineering & Manufacturing Co., Ltd.; and. Juan Carbonell, Head of Solutions APAC, Moovit.

Panel discussions and industry presentations will focus on six thematic areas:

  • The Future of Connectivity
  • New Paradigms – New Business Models
  • Shared Mobility & Delivery on Demand Trends
  • Future of Electrification & Autonomous Driving
  • Digital Retailing in Automotive Industry
  • Future of Last Mile Delivery

As connectivity capabilities and services improve, the challenge will be to reconcile privacy and data security concerns with the need for more real-time vehicle information. Meanwhile, mobility companies will confront the dilemma of whether to adopt go-it-alone strategies or push for greater interoperability and open standards.

"New digitally empowered business models—usership-based, services-oriented or data monetization-driven, among them—are gaining momentum across the mobility value chain," notes Vivek Vaidya, Associate Partner and Senior Vice President, Mobility Practice, Asia Pacific, Frost & Sullivan. "Start-ups are upsetting traditional value chains, creating new use cases, and fostering novel ideas about value creation."

Participants in the hard hit shared mobility segment are evaluating new business approaches. For instance, several ride hailing, e-scooters, and e-hailing companies are repurposing their offerings by riding on the boom for last mile food and grocery deliveries.

Vehicle electrification and autonomy are long-term strategies that have remained largely insulated from the impacts of the pandemic.  Automakers are continuing to develop electric vehicle/ autonomous driving (EV/AD) platforms and architectures, while pushing forward on circular economy and innovating to zero practices.

Digital automotive retail has received a massive fillip during the pandemic. "Changing customer behaviors are compelling automakers to streamline the customer journey from vehicle purchase to delivery, and promote seamless access to contactless parts/services delivery and online retail finance," says Vaidya. "Simultaneously, evolving online-offline dynamics are altering dealership and distribution models."

Advances in enabling technologies are expanding the potential of urban air mobility (UAM) applications. Cargo drones are being spotlighted as last mile delivery solutions, while passenger UAM vehicles offer promise in resolving urban congestion woes. Continued innovation and regulatory oversight will be key to boosting market prospects.

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

Contact:
Melissa Tan
Corporate Communications
T: +65 6890 0926
E: melissa.tan@frost.com

http://ww2.frost.com

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More than 350,000 brands and sellers to join Lazada’s 11.11 Shopping Festival

Biggest One-Day Sale event provides opportunities for businesses and brings non-stop happiness to Southeast Asia’s consumers

SINGAPORE, Nov. 3, 2020 — Lazada, the region’s leading eCommerce platform, kicks off this year’s 11.11 Shopping Festival with more than 350,000 brands and sellers across Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam joining its Biggest One-Day Sale. Thousands of new brands will also participate in Lazada’s highly anticipated shopping event for the first time this year.

Celebrating the eighth edition of its annual big show, Lazada is reinvigorating its 11.11 Shopping Festival with attractive promotions, exclusive deals, rewards, and exciting Shoppertainment content to bring non-stop happiness to 80 million consumers who have embraced eCommerce as part of their daily purchasing routine this year. The event will also play an important role in helping to revive many businesses following the disruptions caused by the pandemic.

"This has been a pivotal year for many businesses, and 11.11 will be a new experience for many who have embarked on the eCommerce journey. These year-end mega shopping festivals will be opportunities for brands and sellers to acquire new customers and boost their sales performance," said Lazada Group’s Chief Executive Officer, Chun Li.

Products and promotions will vary by country.
Products and promotions will vary by country.

In the last six months, Lazada has seen a sharp increase in new brands including Isetan, Under Armour, Swatch and Castrol join LazMall to give their retail mix a digital overhaul, and more businesses from the F&B, hospitality, recreation and personal service sectors adopting an omnichannel approach.

Consumers can also look forward to a wider assortment this 11.11, with leading international brands including Lancome, Marks & Spencer, Miniso, Swatch, and TopShop participating in Lazada’s 11.11 for the first time this year. Over 70 brands including 3M, Adidas, Kiehl’s, Lego, Pampers, Philips, Polo Ralph Lauren and Xiaomi have also partnered with Lazada to create a visually fun brand showcase, featuring signature and loved products from their exclusive 11.11 catalogue this year.

Products and promotions will vary by country.
Products and promotions will vary by country.

Adding to this year’s 11.11 celebrations, consumers will also be able to enjoy a little stardust from Lazada’s first regional brand ambassador, popular Korean superstar Lee Min Ho. He has joined the Lazada family to spread happiness with his encouraging personality and put a smile on fans’ faces as they shop for their favourite brands and products.

Local brands take centerstage, powered by Lazada’s technology and logistics infrastructure

From Prism+ in Singapore, Signature Markets in Malaysia to Wardah in Indonesia, homegrown local brands take centerstage as Lazada promotes the development and sustainability of young brands, some who have only made the online switch this year, to take on their first 11.11 shopping festival with Lazada.

In support of over 150,000 local brands and sellers in our markets, Lazada extended stimulus packages offering cash funds to subsidise start-up costs, and helped small-and-medium enterprises (SMEs) optimize cash flow by partnering with financial institutions. Being able to leverage Lazada’s technology and logistics infrastructure boosted the operational capabilities of local businesses from agri-farmers in Malaysia and the Philippines, to artisanal craftsmen in Thailand and Vietnam, and helped them diversify their revenue source.

Lazada’s logistics network covers six countries across Southeast Asia and is ready to handle peak-time order volumes. This network, which includes over 15 warehouse facilities, over 400 sortation centres and hubs and is supported by 45 logistics partners, is ready for volumes from domestic and cross-border sales of over 30 times the norm this 11.11 season. In addition, Lazada is expecting its logistics fleet to see a 25% increase in mileage fulfilling orders this 11.11, compared to last year.

"Our data-driven technology and smart algorithms enhance the user experience by improving product relevancy and buyer-seller matching, helping our sellers achieve better results," said Li. "Each 11.11 sets a new benchmark for our technology and logistics infrastructure to deliver the best service to our customers – this year will be no different as we prepare to serve even more buyers and sellers."

Consumers enjoy vouchers, promotions and deals through new Shoppertainment features

Besides an improved browsing and product discovery experience, shoppers can anticipate benefits including over 200 million deals with maximised value and free shipping where available. With over 700 million vouchers offering discounts of 10% off or more, there will be at least eight vouchers available for each of Lazada’s active consumers.

"We are grateful for the support of our local businesses and international brands for choosing Lazada for this annual big show. The Lazada team believes we have a duty to help consumers find lighthearted joy and spread happiness with family and friends, especially right now," said Jessica Liu, Co-President and Regional Head of Commercial, Lazada Group. "With that spirit, we will have the most attractive promotions and deals at the lowest prices, together with non-stop entertainment like LazGames and livestreams."

Fans of LazGames can also play Happy Bounce, Lazada’s newest game, where shoppers can navigate a cute "Kitten" avatar through different levels by swiping left and right to collect Lazada coins and vouchers. Almost USD2 million worth of rewards from over 5,000 brands and sellers are up for redemption. Shoppers can also earn extra points to access more deals by inviting friends to join the game. Coins earned through LazGames can now be converted to vouchers to make purchases on the platform.

Lazada’s signature 11.11 Super Show – country-hosted concerts featuring local celebrities and performers – will also take the stage on the eve of 11 November. Consumers will also have the opportunity to win exclusive vouchers through various interactive segments, such as Balloon Rain, Voucher Rain and Shake It!, which will be localised in each market.

About Lazada Group 

Founded in 2012, Lazada Group is the leading eCommerce platform in Southeast Asia. We are accelerating progress in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. With the largest logistics and payments networks in the region, Lazada is a part of our consumers’ daily lives in the region and we aim to serve 300 million shoppers by 2030. Since 2016, Lazada has been the Southeast Asia flagship platform of Alibaba Group powered by its world-class technology infrastructure.

Media Contact:

Sherwin Loh

Fiona Heng

WE Communications on behalf of Lazada Group

sherwin.loh@lazada.com 

fiona.heng@lazada.com

WE-Lazada@we-worldwide.com

 

 

Daraz Launches 11.11 Sale in South Asia

Daraz Launches 11.11 Sale for the Third Consecutive Year With Leading Brands and Local Entrepreneurs

KARACHI, Pakistan, Nov. 1, 2020 — Daraz, South Asia’s leading online shopping platform, is all set to launch its annual 11.11 sale for the third year in a row and bring the largest shopping festival in the world to our five South Asian markets including Pakistan, Bangladesh, Sri Lanka, Nepal and Myanmar. Invented by Alibaba CEO Daniel Zhang, 11.11 has evolved from a China-only "singles day sale" to now the largest "Global Shopping Festival" celebrated in many countries across the world and surpassing Black Friday, Cyber Monday and Year-End campaigns combined in sales volume.

The sale not only features more than 1800 global and domestic brands, but also Daraz’ large seller base of more than 150,0000 registered sellers – all ready to offer great deals and discounts to our customer base. The 11.11 sale is not restricted to just the average discounts that are given to the customer in every other sale. It is unique and different in every aspect. Users can avail Daraz wallet cashback, make use of the 11 O’clock deals, play the one-rupee game and take part in Mission 11.11 to win exciting prizes. All of this is expected to attract more than 7 million users to visit our platform during the day of 11.11.

Apart from the exclusive brand product launches, brand partnerships and payment partners, Daraz as a platform aims to boost the economic activity post the COVID pandemic. 11.11 comes at a time when most economies and its people are facing significant challenges. The 11.11 Shopping Festival not only offers our sellers the chance to make a recovery and boost their sales, but also allows those customers affected by the pandemic the most a chance to get their necessities and favorite products at the lowest prices. This includes offers from our most valued brand partners and sponsors including RB, Nestle, Realme, Bata, Haier, Samsung and a lot more.

Group CEO, Bjarke Mikkelsen, spoke about how Daraz is taking steps to ensure that we’re playing a larger role for the society in these troubling times. "There are many businesses which suffered during these unprecedented times in our markets. This sparked a realization, stronger than ever before, regarding the importance of a digital presence. Slowly and steadily, everything around us is becoming digitalized. We have a platform that allows us to help the society by creating employment opportunities through on-boarding sellers, as well as by providing customers access to millions of products from the palm of their hands. Daraz empowers businesses to step into the online world while simultaneously catering to the changing customer needs." 

We are excited to announce lowest prices on products and most brands in one place during 11.11 with more features than before. We invite all users to check out our new platform services including shopping, gaming, travel bookings, bill payments and many more.

Media Contact:
Pireh Shafiq
Email: pireh.shafiq@daraz.pk

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Banggood Kicks Off 11.11 Global Shopping Festival with $1 Pre-sale Deposit Offer

GUANGZHOU, China, Oct. 30, 2020Banggood, a leading cross-border e-commerce retailer, officially kicked off its 11.11 Global Shopping Festival on October 28. To accompany the Shopping Festival, Banggood has launched a number of innovative offers and mini-games to bring users a richer and more enjoyable shopping experience, including its new Price Storm pre-sale deposit feature, which will continue until Black Friday. Banggood has also united influencers and internet celebrities from different regions through a series of live broadcasts, in order to reach a larger global audience and spread the joy of shopping festivals.

Banggood’s Price Storm feature allows users to make a $1 deposit to grab the lowest price and secure their purchase ahead of the 11.11 Global Shopping Festival. From 4:00PM (UTC+8) on November 2 to 3:59PM (UTC+8) on November 10, users can pre-order sale products by paying a deposit of $1 or $3. After putting down their deposit, users enjoy a cash discount, which will be credited when the balance payment is made, and the final payment is due between 4:00PM (UTC+8) on November 10 and 4:00PM (UTC+8) on November 12. Users who have made a deposit will see their pre-order and outstanding balance under the "My Reserved" section, with a reminder to pay before the end of the Shopping Festival.

"Customer experience and creating genuine, sustainable value for customers have always been crucial components of Banggood’s development strategy. We have introduced our pre-sale deposit feature to sufficiently prepare in advance and bring users a better shopping experience. With the pre-sale deposit, Banggood can expedite the dispatch and delivery process, so that customers can receive and use the products they have purchased as quickly as possible," said Qin Peng, Banggood’s Chief User Experience Officer.

In addition to the pre-sale deposit, Banggood will be offering advance purchase for VIP Club members with an exclusive membership discount. Typically falling on the 9th of every month, Banggood will use November’s VIP Day as an opportunity to reward members with advance purchase opportunities ahead of the 11.11 Global Shopping Festival — giving VIPs first access to the widest range of products at the best price. Banggood will also introduce member-only offers worth millions of US dollars and shipping coupons for VIP customers to give them the ultimate shopping experience. Banggood’s VIP Program has been updated with more valuable benefits for the members. Click here for latest information about Banggood’s VIP Club.

Banggood will be bringing back its much-loved Banggood Live for the 11.11 Global Shopping Festival, with a dedicated Banggood Live section on the website and APP. The massive event will see more than 80 celebrities from over 20 countries live streaming and interacting with users, with more thousands of products across 100 brands showcased during the 48-hour event. In addition to gaining a deeper understanding of products they are interested in through the host’s product experiences, live unboxing events and more, users will receive exclusive coupons during the live stream that can be redeemed whilst watching the broadcast. Last but not least, Banggood has prepared $10,000 gifts, which will be distributed to users between November 10 and 12.

Benefits of the sale are not constrained to the mentioned above. 10% off site-wide coupons are available by downloading Banggood APP through Huawei App Galley. Stay tuned with Banggood and Huawei’s social media to get the latest news.

About Banggood

Founded in 2006, Banggood is a leading e-commerce company running its website www.banggood.com and pages on other platforms to offer tens of millions of registered users more than 500,000 types of products, covering from consumer electronics to clothing. Banggood is headquartered in Guangzhou, China, the city of the supply chain, with a global reach in North America, Europe, Asian Pacific, South America and the Middle East. For more information, please visit: https://www.banggood.com/aboutBanggood.html

Media Contact
Zoeh Zheng
Phone: +86-134-5028-6595
Email: pr@Banggood.com

 

Related Links :

https://www.banggood.com

Bursa Malaysia and CGS-CIMB Securities to Host InvestHack Virtual Hackathon to Improve Retail Investor Participation in the Marketplace

KUALA LUMPUR, Malaysia, Oct. 30, 2020 — Bursa Malaysia Berhad ("Bursa Malaysia" or the "Exchange") in partnership with CGS-CIMB Securities Sdn Bhd ("CGS-CIMB"), will host the inaugural "InvestHack" hackathon event from 20 – 22 November 2020. Themed "InvestHack: Reimagine Investing", the contest aims to develop innovative solutions and offerings that can enhance retail investor participation in the marketplace. Joining in as community partners to support the competition are Malaysia Digital Economy Corporation (MDEC) and the Malaysian Global Innovation & Creative Centre (MAGIC).

Retail participation on Bursa Malaysia has seen significant growth this year, attributable to a variety of factors arising from the COVID-19 pandemic. As at end-September 2020, the retail participation recorded a 10-year high of 33.2%, while Average Daily Value (ADV) was RM1.327 billion representing a 231.4% increase compared to the same period in 2019.

Sustaining active participation by retail investors is essential towards a vibrant securities market, and the Exchange plans to focus on the use of technology to develop a more energetic marketplace. Towards this end, Bursa Malaysia and CGS-CIMB would like to invite all interested parties from around the world to join this competition. Registration for InvestHack is free and will offer a total cash prize of RM35,000. Teams will be required to work on four different challenges to improve the retail investor ecosystem. For more information and to register, please visit https://www.bursamarketplace.com/investhack-2020/.

Commenting on the initiative, Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia said, "We are excited to host this event with our partner, CGS-CIMB Securities to create new opportunities to better serve the needs of the investing public. Technology is a critical enabler of growth and the Exchange is constantly looking for new ideas and technology solutions. We hope this platform can encourage and inspire creative ideas that will deliver value to the marketplace."

Ruzi Ajith, Chief Executive Officer of CGS-CIMB added, "We are honoured to be part of this event with Bursa Malaysia, as this platform encourages us to see investing from a different perspective. We look forward to the new ideas and innovative solutions that can improve the retail market place."