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PR Newswire

AsiaInfo Announces 2021 Annual Results

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Three New Business Revenue Growth Doubled Again

Net Profit Achieved Double-digit Growth

HIGHLIGHTS:

  • Operating revenue amounted to approximately RMB 6,895 million, representing a year-on-year increase of 14.5%;
  • Revenue of Three New business1 amounted to approximately RMB 1,568 million, representing a year-on-year increase of 101.0%;
  • Gross profit amounted to approximately RMB 2,645 million, representing a year-on-year increase of 14.8%;
  • Gross profit margin reached 38.4%, representing an increase of 0.1 percentage point as compared with last year;
  • Net profit amounted to approximately RMB783 million, representing a year-on-year increase of 18.2%;
  • Net profit margin reached 11.3%, representing an increase of 0.3 percentage point as compared with last year;
  • A final dividend of HK$0.416 per Share was proposed. Annual dividend payout ratio was approximately 40%.

HONG KONG, March 8, 2022 — AsiaInfo Technologies Holdings Limited ("AsiaInfo" or the "Company", together with its subsidiaries, the "Group", Stock Code: 01675 HK) is pleased to announce the audited consolidated results of the Group for the year ended 31 December 2021.

Revenue Growth Accelerated and Profitability Remained Healthy

The "14th Five-Year" Plan of the PRC put forward the notion of embracing digital era, accelerating the construction of a digital economy, a digital society and a digital government, thus the software industry will gain more opportunities for development. Facing the new stage and new characteristics of the PRC’s social and economic development, the Group actively strove to become a leading provider with full-stack digital and intelligent capabilities. In 2021, adhering to the strategy of "One consolidation, Three developments" and its five-year plan, the Group’s revenue growth accelerated and it registered double-digit growth in both operating revenue and net profit.

In 2021, the Group’s revenue amounted to approximately RMB 6,895 million, increased by 14.5% year-on-year. Among which, Three New business’s revenue amounted to approximately RMB 1,568 million, up by 101.0% year-on-year, while the proportion of Three New business to operating revenue further increased to 22.7%.  Gross profit margin amounted to 38.4% and net profit amounted to RMB 783 million, representing a year-on-year increase of 18.2%, with net profit margin expanded to 11.3%, representing an increase of 0.3 percentage point as compared with last year, maintaining healthy profitability.

The Board, after taking into full consideration of various factors including Shareholders’ returns, profitability, cash flow level and capital needs for future development of the Group, decided to propose the distribution of the 2021 final dividend of HK$0.416 per Share at the AGM with the annual dividend payout ratio of approximately 40%.

Fast Promotion of Three New Business & Doubling Revenue in DSaaS Again

In 2021, the Group seized the development opportunities brought by digital economy and continued its efforts in expanding DSaaS business, explored the value of data and information. It promoted various innovative business models such as results-based charging, sharing settlement and subscription, and successfully achieved multiple replication of such model adoption in customer groups, so as to provide several types of businesses, including user and content operation services, integrated big data construction and operation services for government affairs, and operational solutions for enterprise private domain traffic. Leveraging on the legal and compliant data sources, as well as its powerful AI and middle office technology sharing system, the Company unleashes the digital value and helps customers achieve value-based operations. In 2021, revenue from the DSaaS business achieved approximately RMB730 million, up by 107.5% year-on-year, accounted for 10.6% of operating revenue, becoming the strongest contributor among the Three New business driving the revenue growth of the Group.

In vertical industries and enterprise cloudification, the Group continued its strategic focus on the five key vertical industries, namely government affairs, finance, postal services, transportation and energy. Significant progress was made in the areas of government affairs and energy sectors. In the government affairs segment, the Group developed replicable solutions on digital government and acquired benchmark projects such as Shanghai Big Data Platform, Jieshou Digital City Brain and Zibo Big Data Platform. In the energy sector, the Group actively participated in China National Nuclear Power’s 5G private network-based production project and promoted the implementation of several typical 5G private network-based application scenarios in nuclear power, wind power, thermal power and other sub-sectors, accelerating the digital transformation of the energy sector. In addition, the Group had established strategic partnerships with mainstream cloud vendors such as Alibaba Cloud, Huawei Cloud, Baidu Cloud, Tencent Cloud, e-Surfing Cloud, Mobile Cloud, Wo Cloud and CECLOUD and deepened the cooperation with strategic partners to expand customers bases. It achieved sizable growth in delivery with Alibaba Cloud and for the first time, entered into RMB10 million-level project with Tencent Cloud. In 2021, the revenue from vertical industries and enterprise cloudification business of the Group amounted to approximately RMB 425 million, up by 135.6% year-on-year.

For OSS business, the Group takes full advantage of a technology middle-office software vendor and actively participates in the construction of operator network intelligentisation and network management systems, providing customers with products featuring "global domain virtualization, global domain intelligentisation and global domain cognition" and assisting operators to achieve business and network support capability integration. Moreover, the Group’s 5G network intelligentisation products commanded leading standard internationally and were enlisted in Gartner’s 2022 Global Network Intelligentisation Mainstream Vendor Matrix, and garnered the highest award for AI in China – Wu Wen Jun AI Science & Technology Progress Award. In 2021, the Group’s OSS business grew rapidly, achieving a revenue of approximately RMB 413 million, up by 66.7% year-on-year.

For BSS traditional business, the Group continues to capture a high market share and maintain a strong market leadership position. Facing changes in the external environment, the Group strived to explore business potential and continued to improve efficiency. It actively met the needs of customers for business support transformation and innovation, assisted customers in digital and intelligent upgrade. In 2021, the Group’s traditional business revenue amounted to approximately RMB 5,327 million, up by 1.7% year-on-year.

In research and development (R&D), the Group stepped up innovation and R&D initiatives in emerging business, including multi-party secure computing, federated learning, edge AI, digital twins, 5G private networks, 5G network intelligentisation, databases and other new technologies and new products. Many of these premium products were successfully commercialised in telecommunications and other vertical industries, supporting the rapid development of Three New business. Moreover, the Group continued to intensively participate in 20 international/ national standards organizations, including 3GPP, ITU, ETSI, IEEE, TMF and O-RAN with leading contributions to 40 international communication standards. In 2021, the Group’s R&D expenses amounted to approximately RMB1,006 million, representing a year-on-year increase of 19.7% and accounting for 14.6% of revenue.

Committed to "One consolidation, Three developments" Strategy to Fully Activate Growth Momentum

Facing the "14th Five-Year Plan" period, the digital economy has become a new engine for high-quality development of the PRC economy. In the market with both opportunities and challenges, the Group will continue to promote "One consolidation, Three developments" strategy, strive to unleash the value and efficiency of traditional business and endeavour to activate the growth momentum of Three New business, and dedicate to achieving the goal of "a business scale of over RMB10 billion, half of which comprises of the new business" in 2025.

For traditional market, the Group will strive to promote the development of new markets for BSS business. In 2022, the Group won the bidding for the construction of 5G business support system for China Broadcasting Network Group Corporation Ltd. Operational demands focusing on value-based operation, privilege operation and integrated operation will continue to prompt the needs of the customers in telecommunication industry for DSaaS. The demand for computing network as well as automatic and intelligent network will drive the needs in upgrading the OSS capability systems of customers. In terms of the enterprise cloudification business, the Group is actively facilitating cooperation with the state-owned cloud system, so as to increase its presence for actively developing the government affair and state-owned enterprise-based markets.

Note1: Three New business represents Data-driven Operation (DSaaS), vertical industries and enterprise cloudification, Operation Support Systems (OSS) business 

About AsiaInfo Technologies Limited

AsiaInfo Technologies Limited (stock code: 01675 HK) was founded in 1993 and successfully listed on the Main Board of the Hong Kong Stock Exchange in December 2018. It is a leading provider of software products, solutions and services, and a leading provider of integrated cloud and network management services, and is committed to becoming an enabler of digital transformation for large enterprises in the 5G era.

The Group actively embraces advanced technology such as 5G, cloud computing, big data, AI and Internet of Things, and adheres to the strategic decision of "One consolidation, Three developments", relying on its products, services, operations and integration capabilities. AsiaInfo takes 5G as an opportunity to fully deploy and enhance its value and efficiency in the traditional business and consolidate its leadership position in the BSS market. In terms of emerging business, the Group will strive for rapid scale development in 5G OSS network intelligence, DSaaS digital operation services, enterprise cloudification and vertical industry. At the same time, the Group will work with industry partners to build an ecological system, continue to promote business model transformation, and contribute to the digital transformation of enterprises and sustainable development of the industry.

AsiaInfo Technologies Limited offers industry-leading R&D capabilities and a wealth of telecom-grade software products, including customer relationship management, billing and accounting, big data, Internet of Things and 5G network intelligence products, serving large corporate clients in telecommunications, finance, energy, postal services, government affairs, transportation and other industries.

 

PR Newswire

HMS Core Showcases Future-Facing Open Capabilities at MWC Barcelona 2022, Empowering Developers to Create the Ideal App

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BARCELONA, Spain, March 2, 2022 — HMS Core has been unveiled to the public at MWC 2022 in Barcelona, exhibiting at three booths in Hall 1 of Fira Gran Via, from February 28 to March 3. The three booths are showcasing the brand-new open capabilities released in HMS Core 6 and highlight two types of services, namely, services tailored for graphics and video, 3D product display, and gaming; services designed for improved operations and expedited growth via sign-in, push notifications, payment, and data analysis. These services address the core needs of today’s developers for creating ideal apps.

HMS Core Showcases Future-Facing Open Capabilities at MWC Barcelona 2022, Empowering Developers to Create the Ideal App
HMS Core Showcases Future-Facing Open Capabilities at MWC Barcelona 2022, Empowering Developers to Create the Ideal App

HMS Core 6, unveiled in October 2021, supports a wide range of devices, operating systems, and usage scenarios. New kits — such as 3D Modeling Kit, Audio Editor Kit, Video Editor Kit, and Keyring — address needs in fields ranging from app services and graphics to media and security. To ensure a top-notch development experience across the board, other existing kits have been substantially improved.

HMS Core brings innovative services that enrich daily use

At MWC 2022, groundbreaking services designed for fields such as graphics and video, 3D product display, and gaming that are available at the exhibition booths include:

  • 3D Modeling Kit — transforms object images shot from different angles using an RGB-camera phone into 3D models
  • AR Engine — offers basic AR capabilities such as motion tracking, environment tracking, body tracking, and face tracking, to help bridge real and virtual worlds via real-time ray tracing
  • Computer Graphics (CG) Kit — comes with the Volumetric Fog plugin, to produce highly realistic fog with real-time interactive lighting
  • Scene Kit — offers a real-time ray tracing plugin that simulates reflections on lake water
  • AR Measure from Huawei — integrates AR Engine to accurately measure the length and area of an object and height of the human body, as well as volume of a cube.

HMS Core delivers kits that make end-to-end operations truly seamless

HMS Core enables developers to deliver a better user experience via sign-in, push notifications, and payment. Thanks to HMS Core’s powerful data analysis capabilities, developers are able to manage and promote their apps with remarkable ease, consequently realizing targeted operations and business success. Notable services include:

  • Account Kit — provides a quick and secure sign-in, sparing users the complex steps of account registration and sign-in authentication
  • Push Kit — serves as a stable and targeted messaging service with extensive platform support
  • In-App Purchases (IAP) — provides developers with access to various major mobile payment methods (both global and local)
  • Analytics Kit — serves as a one-stop data analysis platform to support data collection, data analysis, data insights, and business growth, within a strict user privacy framework. FairPrice, a Singaporean shopping app that runs on Android, iOS, and Web platforms, has utilized Analytics Kit to make a comprehensive analysis of data from all platforms, so as to make informed product operations decisions throughout the entire user lifecycle.

Looking forward, HMS Core will remain committed to innovative and open solutions, facilitating app development with better services, improving app innovation and operations for a better user experience, and laying the foundation for an all-scenario, all-connected app ecosystem.

To learn more about HMS Core, please visit HUAWEI Developers (huawei.com)

 

PR Newswire

Forever New launches new native mobile apps with poq to improve digital engagement

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Leading female fashion brand offers customers new mobile app experiences by replatforming to poq

LONDON, March 2, 2022 — Global mobile app platform providerpoq today announces Forever New, the Australian founded global fashion brand, has launched new mobile apps using poq’s composable commerce mobile app stack.

With a global footprint spanning 300 retail destinations across 10 countries, the women’s apparel specialist chose poq to relaunch its mobile apps to deliver a frictionless customer journey and improve loyalty experience.

The MACH-certified native mobile app platform from poq has allowed Forever New to offer its customers rich and engaging content features, such as ‘App Stories’ and content carousel, as well as sophisticated communication capabilities.

The apps integrate with Forever New’s ecommerce platform to leverage the existing product catalog, merchandising and loyalty programs, with app build and launch taking just 12 weeks.

Ged Steele, Chief Operating Officer, Forever New commented: "We chose poq because we were impressed by the app platform capability and flexibility. One of the main aims with this project was to provide a high quality app experience. We also wanted a partner who would support our long-term app strategy and work with us in delivering engaging experiences for our loyal customers."

Jay Johnston, Chief Executive Officer, poq said: "It is an honour to work with a leader such as Forever New, they truly understand their customer and want to reward them with the best native app experience. We were delighted to offer them a platform that could deliver such an experience in a matter of weeks enabling them to use a composable, ‘mobile-first’ approach as the driving force for their customer retention strategy."

About poq

Poq is a MACH-certified cloud-based platform, empowering retailers to create highly effective native mobile apps that provide a superior shopping experience. These apps allow retailers to sell more, deepen loyalty and deliver engaging content. To learn more, please visit poqcommerce.com.

About Forever New

Forever New is a global fashion brand established and based in Melbourne, Australia. The brand’s mission is to provide everlasting pieces to elevate the customer’s personal style and enhance her confidence. It’s the unique approach to fashion’s latest trends that makes the brand one of Australia’s fastest-growing fashion success stories. Today, Forever New’s global footprint spans more than 270 retail and concession stores across 30 countries.

 

PR Newswire

Advancing IoT Open Standards, EMQ Becomes OASIS Open’s Newest Foundational Sponsor

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HANGZHOU, China, Feb. 28, 2022 — OASIS Open, the international open source and standards consortium, announced today that EMQ, an open-source Internet of Things data infrastructure software provider, is its newest Foundational Sponsor. EMQ joins IBM at the Foundational Sponsor level, supporting the mission of OASIS at the highest level.

The leading provider of open source software for IoT, EMQ, joined OASIS in 2020 to help advance the OASIS standard for the Message Queuing Telemetry Transport (MQTT) Protocol, the most commonly used messaging protocol for IoT. EMQ’s support is critical in advancing the development and adoption of open standards and helps enable OASIS to fulfill its mission. To learn more about the development of MQTT specifications and the IoT messaging and EMQ’s work on them, please read this blog post on EMQ’s website.

"We are very pleased to welcome EMQ as a Foundational Sponsor," said OASIS Open Executive Director Guy Martin. "Since EMQ joined OASIS, they have been leading the cutting edge research using MQTT over QUIC and aiming to standardize it with the MQTT Technical Committee. We appreciate EMQ’s generous support which demonstrates their commitment to MQTT and advancing open standards, and we admire their contributions to open source and the IoT industry."

As a pioneering and leading IoT data infrastructure software provider, EMQ has been working on the open source distributed MQTT broker compatible with MQTT 3.1 and 3.1.1 specifications since 2013. When MQTT became an OASIS open standard in 2016, EMQ actively engaged in the development and discussion of the MQTT 5.0 specification. In 2020, EMQ released EMQX, the world’s first MQTT 5.0 server fully implementing the latest specification.

"We are excited to be a Foundational Sponsor of OASIS and to participate in the MQTT TC. We hope that the innovations EMQ has made to the MQTT server, including MQTT over QUIC, and MQTT Streaming, will become part of the MQTT open standards in the future. We look forward to working closely with OASIS to further drive the application of MQTT in the IoT industry and scenarios, to power the future-proof IoT solutions and enterprise digital transformation," said Feng Lee, CEO at EMQ.

About EMQ

https://www.emqx.com/

EMQ is an open-source IoT data infrastructure software provider, delivering the world’s leading cloud-native MQTT-based IoT messaging platform and streaming database, providing a one-stop cloud-native solution for real-time IoT data connection, movement, processing and analytics, from edge to cloud to multicloud.

The flagship product EMQX is adopted by more than 10,000 enterprise users from over 50 countries, connecting more than 100 million IoT devices worldwide. Trusted by over 300 customers in a business-critical production environment, EMQ powers the future-proof IoT solutions and enterprise digital transformation.

About OASIS Open

https://www.oasis-open.org/

One of the most respected, nonprofit open source and open standards bodies in the world, OASIS advances the fair, transparent development of open source software and standards through the power of global collaboration and community. OASIS is the home for worldwide standards in IoT, cybersecurity, blockchain, privacy, cryptography, cloud computing, urban mobility, emergency management, and other content technologies. Many OASIS standards go on to be ratified by de jure bodies and referenced in international policies and government procurement.

PR Newswire

Huawei will Unveil Brand-new Networking Solutions for Home & SME at MWC 2022

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BARCELONA, Spain, Feb. 28, 2022 — Huawei will attend the 2022 MWC held in Spain from February 28 to March 3 and release the fiber-based Wi-Fi networking solution – FTTR (Fiber To The Room) gigabit all-optical room solution, and discuss with industry partners on how to resolve the current network bottlenecks of home and enterprises and how to provide better connection experience for users.

Since the breakout of COVID-19, digitalization and intelligence have developed rapidly. People require smoother communication, more convenient life, and more efficient work. On the one hand, homes have gradually transformed from entertainment centers to diversified production centers. New services such as online education, live broadcast, 8K HD movies, immersive entertainment (VR/cloud games), and smart-home are rapidly emerging. On the other hand, digital transformation and cloudification of small and micro enterprises have become a trend. High-bandwidth and low-latency applications, such as video conferencing and cloud desktop, are becoming popular. These new services pose higher requirements on network latency, bandwidth, and jitter, bringing greater challenges to home and enterprise networks.

However, home users and SMEs are still facing problems caused by poor network experience. According to statistics, 60% of broadband faults are caused by poor Wi-Fi experience. The Wi-Fi coverage ratio of more than half of home users reaches only 55%. Some users say that the Wi-Fi rate near an access point is 500Mbps, but gradually decreases to less than 20 Mbps from the living room to other rooms. According to a survey, the current network problems are mainly caused by the following four aspects:

  1. The rate cannot reach gigabit. Due to the outdated networking cable, the bandwidth can reach only 100Mbps.
  2. Seamless roaming cannot be implemented. There are multiple indoor Wi-Fi points. Traditional networking does not support intelligent switching between devices or the switching time is longer than 200ms. As a result, services are frequently interrupted when users move around.
  3. Multi-user concurrency is not supported. If more than 100 network devices access the Internet at the same time, they will go offline frequently.
  4. Whole-home coverage is not supported. Because fibers are usually routed to ELV boxes or living rooms, Wi-Fi performance deteriorates greatly after wall penetration. As a result, some rooms have no network coverage.

Huawei’s FTTR gigabit all-optical room solution is an innovative solution for home and enterprise networking. Different from traditional networking solutions, this solution extends fibers to every room, leading the newest optical network revolution. Fibers are recognized as the fastest transmission media in the industry. With four advantages, fiber has become a "dark horse" in the communications industry. Fast speed: Fibers are recognized as the fastest transmission media in the industry and can achieve 10Gbps or even 100Gbps transmission capability. Fibers deployed in the entire home can be upgraded to 10Gbps in the future, without the need of re-cabling. Low cost: The fiber industry is mature and the market is stable. The average price of fibers is 50% lower than that of network cables, reducing the reconstruction cost. Easy reconstruction: The size of fibers is about 15% of that of normal network cables. Fibers are thin and easy to be routed through pipes. Environment-friendly: Sand (silicon dioxide) is used as raw material, which is more environment-friendly and sustainable.

In addition to the main exhibition area, Huawei will also build a gigabit Wi-Fi experience center consisting of two exhibition points: FTTR-Home for home scenarios and FTTR-SME for enterprise scenarios. Online service scenarios, such as cloud VR, remote conferencing, IPTV, and 8K HD videos, will be set up to enable users to experience smooth gigabit Wi-Fi networks onsite.

Huawei’s FTTR gigabit all-optical room solution has set off a boom in China. Chinese operators released FTTR services and launched packages in 65 provinces and cities in China last year. Up to now, the number of FTTR users in China has exceeded 150,000. In addition, 20 operators outside China have started pilot projects. About the unique features of Huawei’s FTTR gigabit all-optical room solution and the extraordinary Internet surfing experience to bring to people, February 28, 2022 MWC will give the answer.

PR Newswire

More4apps Gains Momentum in the US as Preferred Oracle ERP Cloud Vendor

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Only six months after launching the ERP Cloud Toolbox, More4apps locks in several US-based enterprises with an end-user, automation-led approach.

NEWPORT BEACH, Calif., Feb. 25, 2022 — More4apps, a longstanding Oracle Gold partner, is gaining popularity across the United States with its newly-released Oracle ERP Cloud offerings designed to help clients significantly improve data-related processes, particularly for their Finance and Projects departments. 


The ERP Cloud Toolbox consists of a familiar Excel spreadsheet interface that integrates directly with Oracle’s public Web Services to streamline data updating and loading. It verifies data in real -time and provides a consistent and user-friendly experience across all functions. 

"Oftentimes with Oracle ERP, data owns the company rather than the company owning the data," says Brian Grossweiler, VP, Sales & Commercial Operations at More4apps. "With our ERP Cloud Toolbox, our customers build better processes while clearing away major data bottlenecks." 

This is particularly true for several large US-based companies who are utilizing More4apps’ solutions in place of the inherited data loaders within Oracle ERP Cloud. By implementing an Excel-based solution, end-users could eliminate hassle-prone tools – like FBDI – remove IT involvement, and increase productivity levels across several departments.

Recent US Customer Wins and Use Cases:

  1. Problem: A US-based satellite and hybrid communications company was processing 2,000 purchase orders annually, with more than 250 open at any one time. Financial statement preparation was delayed due to the manual nature of updating purchase orders to account for quantities delivered and delivery dates.

    Solution: Now, the buyers can be self-sufficient and handle multiple line items at once while the sourcing team focuses on negotiating better deals for the company.

  2. Problem: A large engineering company struggled to maintain more than 30,000 projects per year – specifically with task end dates, deliverables, and key demographic information.

    Solution: The More4apps Projects Module allowed the company to make updates in mass, greatly improving operational efficiencies.

  3. Problem: A US digital banking company migrated from Oracle E-Business Suite to Oracle ERP Cloud, which called for major process improvements and end-user enablement.

    Solution: The Projects Module accelerated project data entry and ongoing maintenance, including the ability for end-users to update multiple lines and rows within Microsoft Excel and in large quantities. 

With More4apps, customers can download, edit, and upload large volumes of data in a fraction of the time it takes to use Oracle’s forms for the same tasks. Data loading and downloading are fast and uncomplicated, saving time and improving data and reporting accuracy.

"We created this suite of tools to empower procurement teams to get the most out of Oracle ERP,"  said John O’Keeffe, More4apps CEO and Founder." Functioning as an Excel spreadsheet, our tools make it easy for you to create and react to user procurement requests, as well as verify and upload data instantaneously into Oracle." 

About More4apps

Established in 2000, More4apps was formed by a group of Oracle consultants in Hamilton, New Zealand. As a specialist software provider for both end-users and developers, the core purpose of More4apps products is to allow Oracle e-Business Suite and Cloud ERP users to save time and money by using Excel as an interface for Oracle’s Enterprise Resource Planning (ERP) system.

More4apps, an Oracle-certified partner, currently serves more than 34,000 Oracle users in 400 companies worldwide. 

Contact details: Stephanie DiPaolo
Email address: stephanie.dipaolo@more4apps.com
Website: https://more4apps.com
Social media accounts: https://www.linkedin.com/company/more4apps 

 

PR Newswire

WeTrade Group: Omni-channel and multi-end connectivity, empowering enterprises’ traffic demands

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BEIJING, Feb. 25, 2022 — WeTrade Group Inc. ("WeTrade" or the "Company") (US: WETG), a leading technical service provider of SaaS and Cloud Intelligent System for micro businesses, today held the annual strategic development conference in Beijing JDB Technology Park. The conference provided a specific analysis of the industrial supply and demand situation, and analysed the opportunities and challenges facing the development of WeTrade Group in terms of policy, economic and technological environments.

By 2022, digitalisation in China has evolved over the past 10 years, from a vague beginning to a gradual clarification. Today, digitalisation is no longer a "metaphysics" for companies, but a clear path to growth. In 2022, WeTrade Group will continue to further increase its omnichannel and multi-terminal strategy, extending on the basis of WeChat application to help customers acquire and retain customers in multiple channels and solve their traffic dilemma. At present, WeTrade Group has signed service provider agreements with Alipay and Baidu, and cooperation with platform service providers such as Douyin and Red is under negotiation. In addition, after attracting and acquiring customers at multiple ends, WeTrade Group will also help merchants achieve customer retention, incremental repurchase and bring in more new users through social fission to form replicable and sustainable growth through enriched marketing solutions and private domain traffic operation models.

In 2021, WeTrade Group has already reached cooperation with tourism enterprise clients such as Zhongyan Shangyue, Beijing Youth Commercial Mall, China Kanghui and Lvyue. With the gradual stabilization of the pandemic prevention and control, the tourism industry is also looking for opportunities, and WeTrade Group will, based on its own advantages, empower the development of the tourism industry and help it recover rapidly through the integration of omni-channel and multi-terminal traffic. In addition to the tourism industry, in 2022, the company will further expand its development in the beauty industry. Since the beginning of the year, WeTrade has laid out 3,000 beauty shops in China, including Mudaochan Life and Health Center, and helped offline physical shops and brands to build a close connection between members and shops through online and offline integration, further enhancing the operational efficiency.

Mentioning the company development, the Founder of WeTrade Group, Mr. Zheng Dai thought the development of the digital economy and the promotion of digital transformation of industries and enterprises is a matter of economic structural transformation and upgrading, and has risen to the national level. From national to local governments, a number of policies related to the digital economy have been introduced intensively, and policy dividends continue to be released. This also provides opportunities for the development of WeTrade Group. The company will further polish its products and refine its operations on the basis of multi-end connectivity, providing customers with complete products and services, helping them to reduce costs and increase efficiency, and truly solving customers’ pain points.

About WeTrade Group Inc.

WeTrade Group Inc. is a world’s leading technical service provider of SAAS and Cloud Intelligent System for micro-businesses, and is a pioneering internationalized system in the global micro-business cloud intelligence field and the leader, innovator and promoter of the world’s cloud intelligent system for micro-businesses. WeTrade Group independently developed the cloud intelligent system for micro-businesses (Abbreviation: YCloud). YCloud can strengthen users’ marketing relationship and CPS commission profit management through leading technology and big data analysis. It also can help increase the payment scenarios to increase customers’ revenue by multi-channel data statistics, AI fission and management as well as improved supply chain system. Up to now, YCloud’s business has successfully landed in mainland China and Hong Kong, covering the micro business industry, tourism industry, hospitality industry, livestreaming and short video industry, aesthetic medical industry and traditional retail industry. For more information, please visit https://ir.wetg.group.

 

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PaaSoo Technology Unveils New Logo to Mark European Growth

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DUBLIN, Feb. 25, 2022 — PaaSoo Technology, known within cloud communications industry for allowing enterprises to optimize sending and receiving SMS via APIs, unveils new logo in the world’s biggest tech fair, Mobile World Congress (MWC) Barcelona.

Since 2016, the fast-growing tech company has gained a reputation for reliability, flexibility and security of its CPaaS solutions, among companies that use mobile phones to communicate with clients. Seeing massive demand in the European market, PaaSoo has decided to expand its services to Europe. To better serve its current and potential versatile clientele, the company is now registered with ARCEP, the French regulatory authority for electronic communications, and has opened the latest local office in France.

Further growing its market presence, PaaSoo is proud to take an active part in MWC Barcelona 2022 from 28th February to 3rd March, a highly anticipated 16th edition which marks the comeback of the entire mobile ecosystem. The team is excited to meet their customers and partners face-to-face after 2 years of pandemic restrictions.

Above all, PaaSoo invited Marion Decroocq, the Founder of Couleur Aube, to redesign its logo, illustrating the brand essence. The smooth round-curved wing, also subtly interpreting an infinity symbol, with the brand PaaSoo, is modernly presented in refreshing yet calming electric blue. Decroocq denotes, "I thought of Hermes, the messenger God who facilitated exchanges. I found it interesting to start working on the wings and on what they represent: lightness, speed, agility, and these match PaaSoo’s value." As the designer depicts, color choice always echoes a reflection. A fresh electric blue inspires confidence, responsibility, and harmony, that successfully associates PaaSoo’s stable service and its capability to communicate with the world.

About PaaSoo Technology

Founded in 2016, PaaSoo has offices in France, Ireland, India, Indonesia, Japan, Mainland China, Hong Kong, Taiwan, and the Philippines. PaaSoo’s powerful, agile and cost-effective cloud communication solutions enable clients to connect with end-users across the globe. Companies such as Work Port, Wargaming, Perfect World, and others rely on PaaSoo for critical communications via text or voice messaging.

PaaSoo’s comprehensive selection of scalable, flexible and easy to use APIs and applications allows organizations of any size to use the power of cloud communications for growing their business and staying connected to customers, e.g., for one-time passwords, notifications, alerts, and promotional offers.

For more information: www.paasoo.com

PR Newswire

Crunchfish Gesture Interaction – the versatile Skeleton platform

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STOCKHOLM, Sweden, Feb. 11, 2022 — Crunchfish’s Gesture Interaction technology has evolved to a versatile Skeleton platform that addresses many gesture interaction scenarios in AR/VR, public screens as well as automotive applications. Crunchfish’s Skeleton platform was the topic of the sixth Survival of the fittest webinar on February 11th, 2022.

The webinar on Crunchfish Skeleton platform was the sixth of the Survival of the fittest webinar series. After a presentation by Crunchfish Gesture Interaction CEO Joakim Nydemark, Johan Wester moderated a Q&A session and open forum also including Daniel Milesson, R&D Director of Crunchfish Gesture Interaction and Joachim Samuelsson, Group CEO of Crunchfish in a panel.

"Crunchfish’s skeleton platform provides a wide range of new solution areas. It also shows a technical versatility that enables new use cases and a variety of features in our gesture control products", says Joakim Nydemark, CEO of Crunchfish Gesture Interaction.

Register for the webinars and see all previous webinars at crunchfish.com/webinars/.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager
+46 726 01 16 73
erik.berggren@crunchfish.com 

This information was provided by the contact person above for publication on 11 February 2022 at 12:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/crunchfish/r/crunchfish-gesture-interaction—the-versatile-skeleton-platform,c3504803

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PR Newswire

LeanIX Launches Free Academic Edition of Enterprise Architecture Management Tool

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Company empowers enterprise architects of the future by providing its industry-leading and ready-to-use Enterprise Architecture Management tool to universities and teaching institutions

BONN, Germany and BOSTON, Feb. 8, 2022 — LeanIX, the platform to plan and manage continuous transformation across the enterprise, has launched LeanIX Academic Edition, which provides universities and teaching institutions free access to the company’s Enterprise Architecture Management (EAM) tool. The LeanIX Academic Edition makes it possible for students to learn enterprise architecture fundamentals using the EAM tool’s core Application Portfolio Management and Technology and Risk Management modules.

With the release of the Academic Edition, LeanIX aims to support the growing enterprise architecture field by introducing students to the discipline through intuitive, cutting-edge software.

To register for LeanIX Academic Edition or to learn more about the program, please visit: https://www.leanix.net/en/products/enterprise-architecture-management/academic-edition

With the Academic Edition, teachers and students can:

  • Put academic theories to practice using an industry-leading EAM tool.
  • Explore best practices with a data model trusted by IT architects at some of the biggest brands in the world.
  • Leverage LeanIX collaboration-based features and explore the many possibilities of the tool.
  • Get students ready to communicate with business leaders and bridge the gap between business and IT.

"Every future digital leader should understand the fundamentals of enterprise architecture," said LeanIX CEO and co-founder, André Christ. "We are thrilled to offer LeanIX EAM tools for free to those teaching these leaders of the future and I’m proud of the amazing program the LeanIX team has put together."

To learn more about the LeanIX EAM product and review its extensive product documentation, please visit: https://www.leanix.net/en/products/enterprise-architecture-management. 

About LeanIX
LeanIX’s Continuous Transformation Platform® is trusted by Corporate IT and Product IT to achieve comprehensive visibility and superior governance. Global customers organize, plan and manage IT landscapes with LeanIX’s automated and data-driven approach. Offering Enterprise Architecture, SaaS, and DevOps Management, LeanIX helps organizations make sound decisions and accelerate transformation journeys. LeanIX has hundreds of customers globally, including Adidas, Atlassian, Bosch, Dropbox, Santander or Workday. The company is headquartered in Bonn, Germany, with offices in Boston, San Francisco and around the world.

Contact:
Jeremy Douglas
Catapult PR-IR
303-589-1941
jdouglas@catapultpr-ir.com