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PR Newswire

Dada Group’s JDDJ Celebrates Sixth Anniversary with Key Retail and Brand Partners Awards Ceremony Held Online

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SHANGHAI, March 29, 2021 — Dada Group (Nasdaq: DADA) ("Dada"), China’s leading local on-demand delivery and retail platform, today announces that JDDJ ("JD Daojia"), the on-demand retail platform of Dada, holds its second "Retail and Brand Partners Awards Ceremony" online and jointly recommends the "2020 Retail Digitalization Innovation Cases" together with China Chain Store Association (CCFA), to celebrate JDDJ’s 6th anniversary.

JDDJ’s second "Retail and Brand Partners Awards Ceremony" recognized 45 leading retail and brand partners for their tremendous contributions to improve service and win the recognition of customers on the platform. The three major awards include "Best Strategic Partner for Categories of the Year", "Most Growing Partner of the Year" and "Best Marketing Partner of the Year".

Among them, JDDJ named Walmart, Yonghui Supermarket, CR Vanguard, Pagoda, Neptune Drugstore and other 11 merchants as "Best Strategic Partner for Categories of the Year", which recognized for their long-term collaborative partnerships and achievements in omni-channel expansion, technology innovation and brand marketing, jointly promoting the development of digital transformation of the retail industry in China.

Beijing Hualian Supermarket, Zhongbai Supermarket, 30 Fresh, Jianshengyuan Drugstore, Lenovo Laiku, Watson’s and other 12 merchants were awarded "Most Growing Partner of the Year" by JDDJ. The platform partners with retailers in all categories, including supermarkets, pharmaceuticals, beauty and electronics stores.

Meanwhile, JDDJ also recognized Mengniu, Yili, Yihai Kerry, Mars Wrigley, Nestle and other 6 brand owners as "Best Marketing Partner of the Year". In the past year, JDDJ and these brand partners worked together to create many omni-channel marketing campaigns, bringing consumers closer, digital marketing more accurate and efficient, and jointly building a new ecology of omni-channel marketing on the platform.

"In the era of micro-e commerce, the booming on-demand retail has become the biggest opportunity and digital transformation is the focus of the retail industry in China. In the past year, digitalization, omni-channel and all-category strategies have become the key words, and JDDJ has created many excellent practice cases together with retail partners," said Philip Kuai, Founder, Chairman & CEO of Dada Group. "We would like to express our most sincere gratitude to all our ‘new friends’ and ‘old partners’. Thank you for your support, help and trust as always. JDDJ will never compete with retailers and brands, but continues to empower them to create a win-win situation together with everyone."

"Digital transformation has become a major trend in China’s retail industry, during which a number of pioneering retail enterprises and leading digital empowerment platforms like JDDJ spring up," said Jianzhen Peng, Secretary General of CCFA. "Together with JDDJ, we have systematically recommended the representative, applicable and worthy cases of retail digital transformation on the platform in 2020. We hope these cases can serve as a business development reference for more retail partners."

This year’s JDDJ 415 Anniversary Shopping Festival will be launched from April 8 to 18. During the period, JDDJ partners with leading supermarket chains in China, including Walmart, Yonghui Supermarket, CR Vanguard, BBG Supermarket, Aeon, Jiajiayue, Lotus and famous brands, such as Yili, Mengniu, P&G, Unilever, Yihai Kerry, Mars Wrigley, PepsiCo, Nestle, as well as over 100,000 merchant stores on the platform to create an "One-hour Shopping Carnival". This provides consumers in nearly 1,400 counties and cities in China with "one-hour delivery" services for all categories of products, such as supermarket groceries, fresh meat and eggs, daily necessities, mobile phones and electronics, beauty and clothing.

In order to ensure the safe and timely delivery of consumers’ orders during the festival, Dada Now, the local on-demand delivery platform of Dada Group, has played a key role as the intra-city logistics infrastructure. Before the promotional season, Dada Now has analyzed and anticipated the delivery demand in advance, optimized the efficiency of delivery capacity and improved the stability of its smart logistics system.

About Dada Group

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

Related Links :

http://imdada.cn

PR Newswire

NetEase Cloud Music and Merlin Extend Strategic Partnership in China

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HANGZHOU, China, March 26, 2021 — NetEase Cloud Music, a leading interactive music streaming service provider in China, and Merlin, the independent’s digital music licensing partner, today announced that they have extended their strategic partnership in China to include a wider range of cooperation. The multi-year licensing deal will include access to additional marketing and promotional opportunities for Merlin members.

"Deepening our direct relationship with Merlin marks another important step in our strategy to bring high-quality music with style, character and vitality to our ever-growing user community," said Ding Bo, Vice President of NetEase Cloud Music. "The expansive and diverse music of Merlin member labels span the global divide and increase the rich music experience we offer, which brings us closer to this goal."  

Merlin navigates the music ecosystem by striking premium deals with digital services that enable its members to better control their future. For digital services, Merlin provides the ability to efficiently license the world’s most valuable independent music. Accounting for more than 15% of the global digital music market, Merlin members represent tens of thousands of labels and hundreds of thousands of artists from every country in the world.

With a rich and proven ability in copyright management and operating capabilities for international artists, NetEase Cloud Music has become the go-to platform for both international music lovers and artists in China. In addition, NetEase Cloud Music is one of the most "social" streaming music services in the world with users actively engaged in reviewing, commenting and sharing music via playlists and other means, which enables music influencers to spread music rapidly and exponentially. 

"We’re always excited to work with partners who are eager to educate our members on how to use their platform, how to engage and build fanbases, and ultimately drive better activations around artists. NetEase has been a fantastic partner on these opportunities," said Jeremy Sirota, CEO of Merlin. "Independent music is a real focus across the world, including in China, and Merlin is thrilled to renew its partnership with NetEase Cloud Music and bring the largest number of independent labels, distributors and other rights-holders and their artists’ repertoire to the platform."

"NetEase Cloud Music users are one of the largest consumers of international music in China. Merlin’s efforts to make a variety of independent music easily accessible has increased independent artists’ exposure to create a more vibrant market. It has been a mutually beneficial partnership and we look forward to providing Merlin’s member artists further opportunities to reach even more fans," said Mathew Daniel, Vice President, International at NetEase Cloud Music.

Merlin and NetEase Cloud Music’s original agreement was established in 2018. The extended partnership grants NetEase Cloud Music’s users access to an even more diverse array of music from Merlin’s members around the globe. By the same token, the expanded partnership provides more of Merlin’s members with the ability to increase their fanbase through their exposure to NetEase Cloud Music’s vast and growing audience in China. This includes Merlin members who have made their music available within the NetEase music ecosystem over the past three years, such as Armada Music, an independent internationally-awarded record company founded by a.o. Dutch DJ Armin van Buuren, with a roster including dance-music heavy-hitters such as Loud Luxury, Andrew Rayel and Arty; global music distribution service CD Baby; FUGA, the industry-leading music distribution company for international rights holders; and Mushroom Labels.

About Merlin

Merlin provides independents the means to own their future. Merlin is a member led, music focused organization providing digital music licensing for the leading independents across the globe. Members benefit from Merlin’s premium deals, but work directly with key digital partners. Our membership consists of independent labels, distributors, and other rights-holders, representing tens of thousands of labels and hundreds of thousands of artists from every country in the world. Merlin works collaboratively with our digital partners, delivers value back to those digital partners, and seeks to drive other incremental benefits to our members.

Merlin’s approach has enabled our membership to grow to represent 15% of the global market share. Merlin’s membership includes independents such as Armada Music, Cinq Music Group, FUGA, Dim Mak, Domino, Entertainment One, Epitaph Records, Foundation Media, Mad Decent, Monstercat, Mushroom Music, Ninja Tune, [PIAS], Secret City, Secretly, Sub Pop, Symphonic Distribution, Ultra Records, Vydia, and hundreds more.

Merlin now has deals with over 30 digital services, including Apple, AWA, Boomplay, Deezer, Facebook/Instagram, JioSaavn, KKBox, NetEase Cloud Music, Pandora, Snap, SoundCloud, Spotify, TikTok, Triller, Yandex, and YouTube Music, and is in conversations with dozens more.

Merlin has offices in London, New York, and Tokyo.

Find out more at www.merlinnetwork.org.

About NetEase Cloud Music

Launched in 2013 by NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), NetEase Cloud Music is a leading interactive music streaming service provider in China with more than 800 million users. Dedicated to providing an elevated user experience, NetEase Cloud Music provides precise, personalized recommendations, promotes user interaction and creates a strong social community. Its focus on discovering and promoting emerging musicians has made NetEase Cloud Music a destination of choice for exploring new and independent music among music enthusiasts in China. The platform has been recognized as the most popular entertainment app among China’s vibrant Generation Z community. 

Please see http://music.163.com/ for more information.

Contacts For NetEase 

Investor Enquiries:
Margaret Shi
NetEase, Inc.
ir@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global 

Media Enquiries:
Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
Tel: (+86) 571-8985-2668
Twitter: https://twitter.com/NetEase_Global

Contacts For Merlin

Media Enquiries:
Dawn Kamerling
The Press House
dawn@thepresshouse.com
Tel: (+1) 646-322-4903
Instagram:@thepresshousepr

 

Related Links :

http://music.163.com

PR Newswire

TECNO Offered Once-in-a-lifetime Opportunity for Football Fans to Convert their Passion into Career Prospect

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ABUJA, Nigeria and NEW DELHI, March 26, 2021 — TECNO, a premium mobile brand, has initiated a local trainee correspondent programme with the aim to provide job opportunities for young people in emerging markets in partnership with Manchester City and Goal.

This opportunity will see the two trainee correspondents from Nigeria and India, work with Goal, to cover the Premier League leaders from close quarters till the end of the season. The two will also be mentored by Goal’s regional editorial teams.

Fans from all over India and Nigeria submitted their entries for the campaign. From over 200 entries that came in, the organizer went through a rigorous process of elimination before zeroing in on two applicants who impressed the most. Sai Prashanth Nataraj from India and Chukwu Bethel from Nigeria were finally selected for the programme. Both their entries impressed the jury for their passion of working in the industry and insights into the sport.

"As a brand aiming to inspire people to never stop pursuing their dream, TECNO is always determined to support people who are persistent, passionate and always striving for excellence", said Stephen HA, Managing Director of TECNO, VP of Transsion, who is also the key member of the jury. "We are very delighted to offer this once-in-a-lifetime opportunity to create a genuine impact on the lives of young people.  We look forward to encouraging more people to uncover their enthusiasm and fulfill their dreams through our consistent social endeavors as well as our products and technology."

The two winners now get an opportunity to kick-off a new chapter in their lives where they are able to convert their passion for football into a career prospect. TECNO will provide its award-winning camera phone CAMON 16 Premier, for the winners to work with throughout the whole campaign.

TECNO, a premium mobile phone brand, are the official global partner of Manchester City for handsets and headphones. The brand has a presence in more than 60 countries across the globe with its innovation, technological and artistic progression as well as a diversified product portfolio featuring smartphones and smart AIoT products.

PR Newswire

Logiq Partners with Comviva to Offer Digital Wallet and Payment Services to Millions of Mobile Users Across Indonesia

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NEW DELHI and NEW YORK, March 23, 2021 — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has joined forces with Comviva, a global leader in digital financial solutions, to offer digital wallet and payment services across Indonesia. The services based on  Logiq’s PayLogiq digital wallet will be powered by Comviva’s mobiquity® Pay platform.

Logiq also recently partnered with Yabx, a fintech venture of Comviva to offer credit-based financial services such as cash advance for merchants and ‘buy now, pay later’ (BNPL) options for consumers.

mobiquity® Pay is one of the world’s largest digital wallet solutions, powering over 70 digital financial services across more than 50 countries and will play an essential role in Logiq’s new partnership with Koperasi Mona Santoso Berjaya (KMSB).

Together with KMSB, Logiq is providing micro-lending services to members of Badan Perlayanan Jaminan Sosial Ketenagakerjaan (BPJSTK), the social security agency that provides retirement and pension plans on behalf of Indonesian government entities.

The new micro-lending services will benefit BPJSTK’s 48 million members and 600,000 small-and-medium sized businesses (SMBs). The partnership with Comviva will allow Logiq to extend swift, convenient and secure digital wallet services to BPJSTK members and SMBs.

Using Logiq’s digital wallet, BPJSTK members and SMBs will be able to perform multiple financial transactions quickly and securely, including money transfers, receiving and repaying loans, accessing insurance, buying airtime or data, paying bills or merchants—all on their mobile phone, anytime, anywhere.

"Our partnership with Comviva enables us to provide best-in-class digital wallet services to thousands of individuals and SMBs in Indonesia," said Matthew Brent, Chief Strategy Officer at Logiq. "Digital is quickly becoming the preferred method for transactions, and the global pandemic has only accelerated that transition. By providing digital access to an array of financial services instantly from the convenience of a mobile device, we see our combined platform enhancing the lives of many people, helping to grow their businesses and boosting the country’s economic activity."

Srinivas Nidugondi, COO and EVP of Digital Financial Solutions at Comviva, commented: "Our mobiquity Pay is a feature-rich, scalable and flexible digital wallet platform that has been deployed across five continents. We will bring our global expertise in digital wallets to this deployment with Logiq. The platform will enable Loqiq to accelerate the growth of digital wallets in Indonesia by introducing innovative digital financial services to transform the way Indonesians save, borrow, transfer and make payments."

About Comviva Technologies Limited

Comviva is the global leader in digital solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $21 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services. It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 95 countries and enrich the lives of over 2 billion people to deliver a better future. For more information, please visit www.comviva.com

About mobiquity® Pay

Comviva’s mobiquity Pay is a one-stop solution for digital money, e-wallets, and mobile payments. It provides financial services to over 130 million consumers globally and processes more than 7 billion transactions that total more than $130 billion annually.

mobiquity Pay is a holistic platform that serves consumers, service providers and partners, and it facilitates digital payments for all customer segments banked or unbanked through all form factors and modes, including USSD, mobile applications, IVR, Web, QR codes and NFC.

For financially underserved consumers who need a digital wallet, mobiquity Pay offers a stored value account in the form of a prepaid digital wallet. This solution can facilitate multiple financial transactions, including money transfers, bill and merchant payments, salary payments, financial-aid disbursements, business to business payments and more. It also provides access to micro-financial services, like savings, loans and insurance. For banked and carded consumers, mobiquity Pay provides the option to make payment using a credit card, debit card or bank account.

About Logiq

Logiq, Inc. is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its AppLogiq™ platform-as-a-service enables small-and-medium sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia.

The company’s subsidiary, DataLogiq, provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services. For more information about Logiq, go to Logiq.com.

Forward-Looking Disclaimer

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Logiq’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in Logiq’s business, including, without limitation: the fitness of Logiq’s products and services for a particular application or market, the successful launch and development of Logiq’s partnership with KMSB, including the related pilot programs, expectations of future events, business trends, financial results, and/or business transactions that may not be consummated or realized, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission ("SEC"), including under the heading "Risk Factors" in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. 

mobiquity® is registered trademark in India only.     

For further enquiries, please contact:

Comviva Technologies Ltd.
PR & Corporate Communications
Sundeep Mehta
pr@comviva.com

Logiq Contact
Brent Suen, President
Logiq, Inc.
Email contact

Logiq Media & Investor Contact
Ronald Both or Grant Stude
CMA Investor & Media Relations
Email contact

Logo: https://mma.prnasia.com/media2/995982/Comviva_Logo.jpg?p=medium600

PR Newswire

ucfunnel and Express LUCK announce the partnership to lead the data-driven insights through marketing automation on the Smart TV

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SAN FRANCISCO, March 18, 2021 — ucfunnel, a global Smart Media programmatic solution provider, today announced a new partnership with Express LUCK, an expert in the original design and manufacture of Smart digital products, to deliver data-driven advertisements using ucfunnel’s marketing automation solution to Express LUCK’s Smart TVs users.

ucX, the AI-enabled ad exchange platform powered and developed by ucfunnel, serves 150 billion impressions monthly. The platform meets the growing needs of both media buyers and publishers across the globe by achieving market penetration on an automated system level along with the flexibility to create custom platform features. Through a collaboration led by Express LUCK, several brands in the North American and LATAM markets (including Caixun, SANSUI and RCA) will start to equip their products with ucfunnel’s solution paired with SVAD (splash video AD), LCAD (launcher AD) and a TV app store for Premium Streaming VoD Content.

As a Smart TV total solutions provider, Express LUCK’s partnership with ucfunnel is the next step in crafting a world-class data strategy that recognizes today’s Smart TV users expect a personalized digital experience across devices. As a result of using ucX, Express LUCK and their brands can pinpoint tailored brand campaigns at the right users through ucfunnel’s data optimization solutions. The partnership with Express LUCK (powered by MediaTek Smart TV turnkey solutions) will increase interactive user experiences, delivering valuable integrated information and services through scaling dynamic advertising while accessing Premium Streaming VoD Content.

"ucfunnel is truly unique in the way it has developed and customized a marketing automation platform to drive engagement and optimize outcomes. Their solutions enable users to access relevant information more intuitively, and at the same time enable brands to communicate with their customers more effectively. The solution also allows us to understand our customers better so that we can keep bringing innovative products to them," said Mr. Sherman Chan, Vice President of Express LUCK. "We are excited to work with Express LUCK helping them and their brands understand the expectations of users using our data-driven solutions and expand user engagement through CTV," said Kenny Wu, Head of Smart Media BU at ucfunnel.

About ucfunnel

ucfunnel, a global Smart Media programmatic solution provider, helps media and publishers leverage content and generate value by strategically showcasing their inventory across devices, especially in the Smart Media ecosystem. ucfunnel has established end-to-end media marketing solutions for Ad Exchange, SSP, and DMP using IAB Tech Lab certified OM SDK. The total AI solution serves up to 150 billion bid requests monthly by partnering with over 50,000 publishers across the globe, especially in the US, APAC and MENA markets. ucfunnel teams with global buy side partners while also providing 24/7/365 technical and business support to grow with them across devices and ad formats. The variety of offerings includes Web, App, DOOH, IoT, OTT, STB, audio, standard and high impact ad formats. ucfunnel operates across regions at a global scale, optimizing current products with global partners like Express LUCK and working on new product development. For more information, please visit https://www.ucfunnel.com.

About Express LUCK

Express LUCK is a rapidly expanding high-tech company. Its main business focuses on Smart televisions, 4K LED TVs and commercial displays. Since 2014, Express LUCK has been one of the top 10 TV exporters from China. It also has a worldwide presence, with global strategic manufacturing facilities in Egypt, Colombia, Hungary, and Mexico and business development offices in over a dozen countries. With integration from R&D, design, manufacture and sales, their products are now exported to over 60 countries around the world, spanning Europe, North and South America, Africa and the Middle East.

Contact:
ucfunnel
Chih-Chi Wang
pr@ucfunnel.com

Related Links :

https://www.ucfunnel.com

PR Newswire

Tencent Cloud Supports Japan’s Cloud Gaming Platform “OOParts” to Win the Game

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Trusted with Tencent’s advanced cloud technology, OOParts is now able to offer gamers the best cloud game experience with ultra-low latency and stable network

TOKYO, March 15, 2021 — Cloud gaming, which allows video games to be run on remote servers and delivered directly to gamers, is an emerging trend in the video game industry. With its all-round solutions and capabilities, Tencent Cloud is helping cloud gaming platform "OOParts" in Japan capitalize on cloud technology, making it benefit from its low latency environment, high-quality node resources and industry-leading network. This ensures that gamers enjoy a seamless, high performance and hassle-free game experience.

OOParts is a subscription-based visual novel (VN) streaming service launched by Black Inc., a Japanese company that is focused on cloud-based gaming and has been converting different classic games into cloud games within a short period of time. OOParts features over 100 titles including "Grisaia: Phantom Trigger" where members can play directly from their PC and mobile devices (Android, Windows, IOS or MacOS) without the need to install games or save files.

As cloud gaming puts computing logic and rendering in the cloud and streams the video frame to users in real time, it is essential that latency is kept to a minimum to ensure the best possible video game experience. With Tencent Real-Time Communications (TRTC) solutions, OOParts can ensure ultra-low latency, enabling stable real-time and video streaming while dealing with multiple operating systems in a highly cost-effective way. TRTC offers low-latency interactive live streaming solutions with the following strengths:

  • High Cross-Platform Compatibility: TRTC provides video solutions that can be directly implemented on PC, Mac and mobile devices through SDK integration.
  • Stable Network Communication: TRTC offers a global average end-to-end latency of less than 300ms. Even when the packet loss rate exceeds 40% and the network jitter goes over 1,000ms, TRTC can still guarantee high-quality, smooth and stable audio and video communications despite a weak network environment.  

"We are excited to support OOParts to overcome their challenges, adding another success into Tencent Cloud’s achievements in helping Japanese businesses to digitally transform", said Poshu Yeung, Senior Vice President, Tencent Cloud International. "The growth of the cloud gaming market globally is unprecedented. Along with this growth comes the expanding needs of video game developers and providers, which Tencent Cloud aims to fully cover leveraging our deep expertise and experience in cloud solutions and cloud technology for video game and entertainment industries."

Futa Ogawa, Black Inc. Founder & CEO, said, "We know that Tencent is trusted by game developers around the world and had already achieved numerous significant achievements in the industry. Therefore, we are glad to leverage Tencent Cloud to improve our platform cost effectively. Our platform is well-received by users thanks to TRTC’s low-latency and high cross-platform compatibility that supports various devices including PC, MacOS and Android devices, taking our platform to the next level. Tencent Cloud’s prompt customer support is also impressive, with which we are able to work hand-in-hand to tackle technical difficulties such as isolating defects and verifying video delays."

Tencent Cloud is a secure, reliable and high-performance public cloud service provider that empowers global access and a rich array of services to governments and organizations that need advanced infrastructure and a resilient environment. As a strong testimony to Tencent Cloud’s top-notch security standard and competitive services in the global cloud computing industry, Tencent Cloud was named Frost & Sullivan’s 2020 Best Practice Competitive Strategy Leadership Award in Global Cloud Industry. It has also earned international certifications, including but not limited to ISO22301, ISO27001, ISO20000, ISO9001, Trusted Cloud Services, CSA STAR, and the Multi-Tier Cloud Security Standard (MTCS SS).

About Tencent Cloud

Tencent Cloud is Tencent’s cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world. Leveraging its robust data center infrastructures around the world, Tencent integrates cloud computing, big data analytics, AI, Internet of Things, security and other advanced technologies with smart enterprise scenarios. At the same time, we provide a holistic smart enterprise solution for sectors including finance, education, healthcare, retail, industry, transport, energy and radio & television.

PR Newswire

MCW Companies Streamlined Payroll and Connectivity with Field Teams during COVID-19 by Launching a Project Management App with HokuApps

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MCW’s New App, MCW Go, Enables Efficient Timekeeping, HR & Safety Resources, and Superior Project Management.

POMPANO BEACH, Fla., March 12, 2021 — MCW Companies, LLC., serves South Florida with various services, including concrete repair, caulking, and waterproofing on commercial and residential buildings through its subsidiaries, Metro Caulking & Waterproofing and MCW Restoration Services, LLC. As a field-based services business, MCW Companies, LLC., needed an efficient system to track job hours, assign work tasks, document work-in-progress, and reinforce its strict safety program amidst COVID-19.

They partnered with HokuApps, a global player in next-generation digital transformation services, to develop a custom-designed mobile app that covered all the basic requirements of MCW Companies, with additional features such as safety inspection checklists and HR functions built-in.

With the MCW Go app live for iOS & Android, tasks like time tracking and real-time visibility features are easy to use, allowing supervisors to create and approve daily reports for these jobs once the task completes. Approved hours are then exported from the system and further imported to the payroll engine with appropriate overtime calculations, automatically included. Safety-related functions are also built into the app to ensure that all protocols are followed. Tool Box Talks, Safety Inspections Checklists, and MSDS are available to all employees through MCW Go and can be easily tracked by the management.

"HokuApps has made our life so much easier," said Cindy Raffio, CEO of MCW Companies, LLC. "Errors have been significantly reduced, as well as the labor time spent in processing payroll hours. The COVID symptom screening form has been very helpful and our field employees are quickly adapting to using the app. HokuApps team were very responsive to our requirements and we look forward to working with them in the coming months as new features are to be developed."

"The custom solution we created for MCW Companies can benefit any service-based company," said Nand Kapoor, Director of HokuApps. "Especially with companies that work in the field, using mobile apps for day-to-day procedures just makes the most sense and will always save time and money."

About HokuApps

HokuApps is the fast-growing rapid application development platform that empowers organizations to develop innovative technology solutions incredibly fast. With a cutting-edge automated development engine, HokuApps can build custom solutions for any part and any size of the business 10X faster and at a fraction of cost. This technology platform has enhanced mobile and data integration capabilities to enable companies to speedily deploy mobile and web applications. HokuApps empowers organizations to usher in their digital transformation journey to better engage with customers, partners, and employees.

PR Newswire

BEST Inc. Announces Strategic Partnership with Sinolink Yongfu Asset Management

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  • As the initial step to the partnership, BEST has sold RMB517 million worth of assets related to its BEST Capital unit to Sinolink
  • Transaction will allow BEST to reinforce its balance sheet, enhance liquidity and allow a greater focus on its core businesses

HANGZHOU, China, March 12, 2021 — BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it has signed a strategic partnership agreement with Sinolink Yongfu Asset Management ("Sinolink"), a subsidiary of Sinolink Securities.

According to the agreement, the Company has initially sold RMB517 million worth of its assets pertaining to its external B2C truck leasing business to Sinolink. BEST is also expected to partner with Sinolink to explore further strategic initiatives in the future.

Gloria Fan, Chief Financial Officer of BEST Inc., said, "This transaction demonstrates our commitment to improve the Company’s balance sheet and enhance liquidity. Our partnership with Sinolink will optimize our cash flow and allow us to focus more resources on the growth of our core logistics businesses."

ABOUT BEST INC.

BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-add services, including express and freight delivery, supply chain management and last-mile services, truckload service brokerage, international logistics and financial services. BEST’s mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain. For more information, please visit: http://www.best-inc.com/en/.

For investor and media inquiries, please contact:

BEST Inc. Investor relations team
ir@best-inc.com

The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
E-mail: best@tpg-ir.com

The Piacente Group, Inc. 
Brandi Piacente 
Tel: +1-212-481-2050
E-mail:  best@tpg-ir.com

SAFE HARBOR STATEMENT

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as BEST’s strategic and operational plans, contain forward-looking statements. BEST 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. Statements that are not historical facts, including statements about BEST’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: BEST’s goals and strategies; BEST’s future business development, results of operations and financial condition; BEST ‘s ability to maintain and enhance its ecosystem; BEST ‘s ability to continue to innovate, meet evolving market trends, adapt to changing customer demands and maintain its culture of innovation; fluctuations in general economic and business conditions in China and other countries in which BEST operates, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in BEST’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and BEST does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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PR Newswire

New TVU Rack Router Transmits Live 8K UHD Video over Network Powered by China Unicom 5G mmWave Technology

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TVU Networks Showcases Results of Latest Collaboration with China Unicom at Mobile World Congress Shanghai

SHANGHAI, March 11, 2021 — TVU Networks, a market and technology leader in cloud and IP-based live video solutions, and China Unicom, the world’s fourth largest mobile service provider, are collaborating to expand the UHD media applications possible with 5G networks. TVU Networks is advancing solutions that support China Unicom‘s 5G millimeter-wave (mmWave) technology for communications services.

As part of the partnership, TVU Networks is focused on the development of technology for collection, transmission, distribution, and management of 4K and 8K ultra-high-definition video using 5G networks. Advantages to the 5G mmWave band include increased bandwidth, reduced latency and flexible configuration, which enable the capacity and transmission of future mobile application scenarios such as 4K, 8K and immersive AR/VR. The radio frequency utilized for 5G mmWave is far less congested than the frequency spectrum used by most TV and radio signals, which increases the bandwidth available.

China Unicom’s 5G mmWave technology will be deployed over 5G networks during the 2022 Winter Olympics in Beijing, where the Chinese telecommunications operator will be the exclusive mobile service provider.

China Unicom’s booth at 2021 MWC Shanghai
China Unicom’s booth at 2021 MWC Shanghai

TVU Networks was one of a handful of invited companies that participated in a demonstration inside the China Unicom booth during the Mobile World Congress (MWC) exhibition in Shanghai. The demonstration showcased the live transmission capabilities of 5G mmWave technology. With the theme "5G Millimeter Wave Makes Snow Sports More Wonderful," TVU created a 5G-based private network in the cloud at the China Unicom booth with two, portable TVU 5G Rack Routers. TVU was able to transmit live, high bitrate 8K UHD video over 5G within the booth.

Demonstration of 8K UHD video transmitting over 5G by two TVU Rack Routers
Demonstration of 8K UHD video transmitting over 5G by two TVU Rack Routers

The real-time 8K video followed athletes in training for the games and was an example of the type of live 8K and AR/VR mobile coverage viewers may see during the 2022 Winter Olympics.

"We’ve selected the top technology providers in our mission to harness the power of the 5G millimeter wave band for mobile applications that were inconceivable a few years ago," said Jiawei Kang, VP of Cultural & Travel & Media Sales Centre, China Unicom. "With the substantial increase in data transmission capabilities 5G millimeter wave provides, applications such as 4K, 8K and VR will see explosive growth. Our partnership with TVU has been extremely productive, and we anticipate more groundbreaking developments to come. As the official mobile provider partner for the 2022 Winter Olympics, we believe this is exactly the innovation required for such a high-profile, prestigious event."

The new 5G TVU Rack Router is a portable Internet access point that includes six embedded 5G modems and is ideal for remote live video production set up, file transfers and emergency communication applications. It provides the highest bandwidth reliability under extreme network environments. An optional IP67 external MIMI antenna is available to maximize signal strength. Others in the TVU Router family include the 5G TVU One Router, 4G/LTE Nano Router, and the TVU Router app.

"We’re honored to have been selected, along with industry leaders like Qualcomm, to be part of China Unicom’s groundbreaking display at MWC Shanghai," said Paul Shen, CEO, TVU Networks. "China Unicom’s 5G mmWave is groundbreaking technology for live video transmission. The network breakthroughs they’re spearheading marry perfectly with our video-over-IP developments. We’re going to see some very exciting mobile applications come to fruition this year. We look forward to continuing to collaborate with China Unicom on future initiatives and global events which showcase the power of this partnership."

Prior to MWC, TVU Networks’ solutions helped China Unicom to provide media live UHD video during the China International Import Expo and the 2020 ChinaJoy Expo. TVU also won multiple awards in China’s "Bloom Cup" 5G Application Competition for extraordinary performance of a 5G UHD video live solution.

About TVU Networks®

TVU Networks is a global organization with more than 3,000 customers using its IP and cloud-based workflow solutions across multiple industries including news, entertainment media, sports, corporate, streaming, houses of worship and government. Through the use of AI and automation driven technology, TVU helps broadcasters realize an efficient metadata and story-centric workflow through its TVU MediaMind platform for live video content acquisition, indexing, production, distribution and management. The company has been on the forefront of developing the tools needed to revolutionize and streamline the Media Supply Chain. TVU is a critical part of the operations of many major media companies worldwide and is a Technology and Engineering Emmy® Award winner.

For more information, please go to https://www.tvunetworks.com

About China Unicom

China United Network Communications Group Co., Ltd or China Unicom is a state-owned telecommunications operator of China, which is the world’s fourth-largest mobile service provider by subscriber base. It has subsidiaries in 31 provinces across China and many countries and regions around the world. It owns a modern 5G/4G communication network with nationwide coverage and global reach and operates a wide range of services. China Unicom is the only Chinese telecom operator listed on the stock exchanges of New York, Hong Kong, and Shanghai. It ranked at No. 262 in Fortune 500 in 2019.

PR Newswire

Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain

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  • Middle East cloud market expected to reach USD 4.5 billion by 2024, highlighting the growing opportunity in the region
  • Tencent Cloud will capitalise on Bahrain’s position as a regional cloud services hub

HONG KONG, March 1, 2021 — Tencent Cloud, the cloud business of Tencent, today announced its collaboration with the Bahrain Economic Development Board (EDB) — the Kingdom of Bahrain’s Investment promotion agency. The two parties signed a Memorandum of Understanding (MoU), with the aim to drive the Kingdom of Bahrain’s Internet Data Centre (IDC) development and support its rapid emergence as the Middle East and North Africa (MENA) region’s hub for the cloud and IDC sectors. The MoU signing also marks a significant milestone for Tencent Cloud as it deploys its first public cloud infrastructure in the MENA region.

According to research by MarketsandMarkets, the Middle East’s cloud market is expected to reach USD 4.5 billion by 2024, with a CAGR of 17.5 percent over the same period, highlighting the growing opportunity in this region.

The MoU between Tencent Cloud and the Bahrain EDB will allow for substantial opportunities to boost the local digital economy, empowering local organisations to expedite their digital transformation journey. It will also allow Tencent Cloud to leverage on Bahrain’s regional position, and the EDB’s connectivity with local and regional stakeholders, including Bahrain’s sovereign wealth fund, Mumtalakat.

The terms of the MoU include:

  • Tencent Cloud’s first IDC in Bahrain and MENA: Tencent Cloud will launch a brand-new IDC in Bahrain, which will go live by the end of 2021.
  • Promoting the deployment of Tencent Cloud: Bahrain EDB, together with public and private stakeholders will encourage the continued adoption of cloud services to further the digital transformation agenda. Additionally, support will be offered to partner companies to leverage cloud services in collaboration with local stakeholders such as Tamkeen.
  • Local talent development: Tencent Cloud will explore and set up training initiatives jointly with the local government in universities and educational institutions across the Kingdom to allow for further knowledge transfer and qualified digital technology talents.

H.E. Kamal bin Ahmed Mohammed, Bahrain’s Minister of Transportation and Telecommunications, said, "This is an important milestone in Bahrain’s journey to become the MENA region’s cloud and data centre hub and I commend the EDB for their ceaseless efforts in developing the partnership with Tencent and ensuring that Bahrain is a favored destination for investment. Tencent joins leading global cloud giants in setting up in Bahrain which will drive massive growth in data traffic towards MENA. Moreover, the launch of the new data centre stands to create a clustering effect as other global providers turn their attention to the increasingly attractive region, with Bahrain positioned as the destination of choice with proactive initiatives such as the Government’s ‘Cloud-First’ policy and nationwide 5G."

Poshu Yeung, Senior Vice President, Tencent Cloud International, said, "While the local government in Bahrain has been making significant efforts to grow the local IDC industry, Tencent Cloud is excited to collaborate with Bahrain EDB as part of our ongoing efforts to ramp up the global IDC landscape. We will launch all necessary steps to set up a brand-new IDC in Bahrain to provide better coverage all over the Middle East and North African regions along the Belt and Road, fully supporting Bahrain’s ‘Cloud-First’ strategy."

H.E. Khalid Humaidan, Chief Executive, Bahrain Economic Development Board, said, "As a global leader in technology, innovation and cloud services, the EDB is very proud to be partnering with Tencent to set up their first MENA data center hub in Bahrain. We are confident that Tencent will be able to leverage on the Kingdom’s regional connectivity, local talent, and business friendly environment to expand their services and reach clients across the region."

Raed Fakhri, Managing Director – Investments, Mumtalakat, added, "Innovative technologies, including cloud services and other content driven services, are an area that Mumtalakat is keen to explore and support as Bahrain progresses with its ‘Cloud First’ policy. As one of the first organisations in the Kingdom to achieve full cloud migration we are excited to witness this milestone that will only further enhance Bahrain’s diversification strategy."

In 2017, Bahrain introduced the region’s first nationwide "Cloud-First" policy to enhance government information and communication technologies, driving the adoption of cloud across state entities and reducing IT costs by up to 90%.

Operating in 27 regions and 60 availability zones worldwide, Tencent Cloud is a secure, reliable and high-performance public cloud service provider that integrates Tencent’s infrastructure-building capabilities with the advantages of its massive user platform and ecosystem. By harnessing Bahrain’s track record of agile and forward-thinking data regulation, as well as its strategic location within the region, Tencent Cloud will enhance its rich array of global services to both the public and private sectors in the region.

Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain
Tencent Cloud Deploys its First MENA Region Internet Data Centre Hub in Bahrain

About Tencent Cloud

Tencent Cloud is Tencent’s cloud services brand, providing industry-leading cloud products and services to organizations and enterprises across the world. Leveraging its robust data center infrastructures around the world, Tencent integrates cloud computing, big data analytics, AI, Internet of Things, security and other advanced technologies with smart enterprise scenarios. At the same time, we provide a holistic smart enterprise solution for sectors including finance, education, healthcare, retail, industry, transport, energy and radio & television.