Tag Archives: LIC

PR Newswire

AirPay FinTech integrate with AsiaPay, facilitate eCommerce merchant to accept and drive sales via Alipay, WeChat Pay & UnionPay digital marketing

Leave a comment
  • eCommerce merchant can now accept and drive sales via Alipay, WeChat Pay & UnionPay through AirPay – AsiaPay payment gateway integration.
  • AirPay FinTech provides digital marketing support to drive 1M+ Chinese consumers to merchants’ website.
  • Support popular shopping cart like Shopify, Magento, Opencart & WooCommerce, etc.

MELBOURNE, Australia, Aug. 25, 2020 — Australia fintech company AirPay Financial Technologies "AirPay FinTech" announced its collaboration with AsiaPay, a leading payment gateway in Asia Pacific region, to enable Australia and New Zealand merchants to accept Alipay, WeChat Pay & UnionPay via its extensive network of payment plugins such as Magento, Opencart & WooCommerce, etc.

Merchants can enjoy various value-added gateway features like MCP, Pay Booth, Payment Link, Recurring Payment & built in Anti-Fraud solutions, etc.

According to report by Statista, global eCommerce sales reached USD 4 Trillion in 2019 and expected to reach USD 6.54 Trillion in 2022. Growth also includes mCommerce, more consumers are turning their habit to pay via Smartphone. Alipay & WeChat Pay are two most popular Smartphone payment.

AsiaPay Senior Manager, AirPay FinTech Co-Founder Simon Tse said, "We are thrilled to offer omni-channel payment & marketing to Sneakerboy, Primus Hotel, Canvas Beauty, Urban Pharmacy, HarkHark, Daojia via AsiaPay’s integration. We aim to drive one million Chinese consumers to merchants via everyday usage of our new features "ToPay" which is embedded within Chinese media platform ‘Today Australia‘ app."

See also: https://cn.theaustralian.com.au/2020/03/25/37140/

"Along with our technology and partnership development, AirPay FinTech also integrated with Shopify, client reference: Koko Black, Thermomix, Pixie’s Bows and Alice McCall."

See also: https://finance.yahoo.com/news/airpay-fintech-enables-alice-mccall-220000553.html

Alipay, WeChat Pay & UnionPay is now available within AsiaPay payment gateway. Digital marketing support to merchant is provided by AirPay FinTech to drive massive traffic to merchants’ website.

About AirPay FinTech

AirPay FinTech helps merchants to better communicate with Chinese consumers via Alipay, WeChat Pay & UnionPay. AirPay is invested by SwiftPass Technologies, a wholly owned subsidiary of a China listed company.

www.airpayfintech.com

Retail clients include Gucci, MaxMara, Valentino, Moncler, Sneakerboy, Victoria’s Secret, Champion, Glue Store, etc., has adopted its payment and marketing services for better customer experience.

About AsiaPay

AsiaPay enables merchants to accept Visa/MasterCard, Amex, PayPal, ZipPay, POLi, Alipay, WeChat Pay, UnionPay & other alternative payment methods via extensive payment plugins & advanced API.

www.asiapay.com.au

Contact: Simon Tse, +61-413-888-280, info@airpayfintech.com 

Related Links :

http://www.airpayfintech.com/

PR Newswire

Hong Kong SFC Issues Approval-in-Principle to OSL for Virtual Asset Automated Trading and Brokerage Licenses

Leave a comment

  • OSL receives approval-in-principle for Types 1 and 7 license applications
  • Licenses will allow STOs and automated digital asset trading  
  • Company on track to become world’s only listed, licensed, insured and audited digital asset platform

HONG KONG, August 22, 2020 — OSL, Asia’s leading digital asset platform and member of BC Technology  Group (stock code: 863 HK), today received an approval-in-principle for its application to operate a virtual asset trading platform under a license for Type 1 (dealing in securities) and Type 7 (automated trading service (ATS)) regulated activities under the Securities and Futures Commission ("SFC") virtual asset licensing framework in Hong Kong.

Once the conditions for final approval are satisfied, the license will permit OSL to operate a brokerage and automated trading service for digital assets, including security tokens ("STOs"). The company is on track to become the world’s only publicly listed, licensed, insured and Big-4 audited digital asset platform.

This follows the November 2019 announcement by the SFC of its ground-breaking regulatory framework for digital asset trading platforms that included requirements on hot and cold digital wallet insurance, client asset segregation, know-your-customer, anti-money laundering, maintenance of orderly markets and other digital asset-specific controls.

"Securing approval-in-principle for a virtual asset trading platform license in Hong Kong, inclusive of security tokens, underscores our commitment to comprehensively addressing the demands of institutional investors," said BC Group CEO Hugh Madden.

"Until now, traditional finance has been observing this asset class with interest, but lack of regulatory clarity has so far discouraged participation," said Madden. "Licensing is a game-changer, because it provides certainty and confidence to investors, unlocking massive participation as it drives the increasing use of our platform by the global institutional investor community."

The SFC framework continues to be the only licensing framework within the top international financial centers that fully integrates the specific requirements for digital asset platforms alongside traditional rigorous securities regulations. Because of this unique integrated framework, clients of a Hong Kong licensed digital asset trading platform can enjoy all the protections and safeguards they have become accustomed to in traditional finance, and can also take comfort in additional protections under the new regime that have been tailor-made for the new asset class.

OSL CEO Wayne Trench added: "The SFC displayed impressive foresight in 2017 when it embarked on developing an ecosystem for professional and institutional traders to invest in digital assets. Recent global regulatory developments, emerging sovereign digital currency trials and increasingly cashless societies, exemplify that digital assets are today’s reality and not some distant dream. Both Hong Kong and OSL are well-positioned as institutional participation continues to accelerate in the coming months and years."

The OSL digital asset platform business experienced exceptional growth and performance in 2019, and in the first half of 2020. In its interim results announcement on 12 August 2020, BC Group stated it had experienced a year-on-year revenue increase of 47%, driven mainly by record annualized trading volumes of USD28 billion achieved during the first six months of the year.

About the OSL Platform and BC Technology Group

Backed by BC Technology Group (stock code: 863 HK), Asia’s only listed, licensed and ‘Big-four’-audited digital asset and fintech company, OSL is Asia’s largest digital asset platform, providing prime brokerage, custody, exchange and SaaS services for institutional clients and professional investors.

The company offers OTC, iRFQ and electronic trading services giving traders access to the world’s deepest liquidity pools, digital asset borrowing and lending, as well as secure, insured wallets to ensure the safekeeping of digital assets with timely transaction settlement. OSL is the trusted gateway to the digital asset economy.

For more information: bc.group  and osl.com.

Logo – https://photos.prnasia.com/prnh/20200302/2735144-1LOGO?lang=0

 

 

 

Related Links :

http://bc.group/en

PR Newswire

Calling Young Musicians for Life’s Good Project

Leave a comment

LG Invites Musical Talent Around the World to Create Empowering, Dynamic Music with H.E.R.

SEOUL, South Korea, Aug. 21, 2020 — LG Electronics (LG) is hosting a global virtual music contest with Grammy Award-winning musician H.E.R. as part of its Life’s Good campaign for supporting and encouraging young voices.

jwplayer.key=”3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=”
 

jwplayer(‘myplayer1’).setup({file: ‘https://mma.prnewswire.com/media/1231292/Life_s_Good_Music_with_H_E_R_TEASER_Longver.mp4’, image: ‘http://www.prnasia.com/video_capture/3098450_CN98450_1.jpg’, autostart:’false’, aspectratio: ’16:9′, stretching : ‘fill’, width: ‘600’, height: ‘338’});

As part of LG’s global campaign launched earlier this month, the Life’s Good Music Project invites young talent from around the world to complete a song from 16 vocal bars written and composed by H.E.R. "Life’s good even with all my doubts," H.E.R. sings, "with faith I know, we’ll get there." Three musicians behind the very best submissions will be selected to collaborate on a final song with H.E.R. through virtual coaching sessions. The result will be released to the public later this year.

LG recognizes music’s power in bringing people together, and the Life’s Good Music Project is set to be a new and meaningful attempt to create a collaborative piece and rehearse for it together while physically apart. No matter the distance, the connection between musicians and their audience will become even stronger through such inspiring projects, as music will hold greater meaning by featuring the vibrant voices, energy, and creativity of the young people around the world.

H.E.R. voiced the significance of young people coming together – not only in sound but also in voice, sentiment, and spirit – for the love of music no matter the circumstances. "[The Life’s Good Music Project] is a good opportunity for young creatives," H.E.R. remarked. "I was once somebody who wanted my art to be heard, so…it’s really cool for me to even start or initiate a contest or something that just challenges people. Everybody wants to be heard. Everybody wants their art to be noticed and to be heard, so I think this is the perfect opportunity for that…I just love what life’s good is all about. It’s a really positive message, and it’s very inclusive."

The Life’s Good Music Project is another step in LG’s journey to reclaim and rediscover what truly makes life good. First sparking the conversation with young people around what makes life good at the start of this month, LG followed up by releasing a Life’s Good movie featuring and directed by a group of inspired teen creators. The Life’s Good campaign aims to empower today’s youth to raise their voices and inspire meaningful actions to build a better tomorrow for everybody.

"By bringing together aspiring musicians from around the world, the Life’s Good Music Project amplifies the creative power of the younger generation and their resilience in turbulent times," said Kim Jin-hong, head of LG’s Global Marketing Center. "We look forward to hearing everyone’s compositions and performances that capture this spirit."

Submissions for LG’s Life’s Good Music Project can be made by posting on Instagram or YouTube with the hashtag isGoodMusic_LG until Sept. 17. More information can be found on the LG Global YouTube channel (www.youtube.com/GlobalLG) and Instagram (www.instagram.com/lg_global).

About LG Electronics Inc.

LG Electronics is a global innovator in technology and consumer goods with a presence in almost every country in the world and a diverse workforce of 74,000. LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. With 2019 global sales of USD 53 billion, LG is a leading manufacturer of a wide range of products from TVs, washing machines, refrigerators, air conditioners, mobile devices, digital signage and automotive components. LG is also known for its premium LG SIGNATURE and advanced LG ThinQ brands, which feature the company’s artificial intelligence technology. For more news on LG, go to www.LGnewsroom.com.

LG's Life's Good Music Auditions in Collaboration with H.E.R.
LG’s Life’s Good Music Auditions in Collaboration with H.E.R.

LG's Life's Good Music Auditions in Collaboration with H.E.R.
LG’s Life’s Good Music Auditions in Collaboration with H.E.R.

PR Newswire

HEVC Advance Releases Draft VVC Licensing Program Overview – includes a Joint VVC and HEVC License

Leave a comment

Also Announces Name Change to Access Advance LLC as its Patent Pool Focus Expands

BOSTON, Aug. 20, 2020 — HEVC Advance LLC ("Advance"), a leading independent licensing administrator in the area of video coding technologies, today announced the release (initially distributed in July) of a draft VVC Licensing Program Overview, resulting from conversations with close to 50 patent owners over the last several months. The Licensing Program, building on the success of Advance’s HEVC program, would establish the "Advance Licensing Platform for Video Codecs."  The Platform license structure, which Advance is planning to launch in 2021, would provide a stand-alone "VVC Platform License," a simplified stand-alone "HEVC Platform License," and, most importantly, a "Joint HEVC + VVC Platform License" that is expected to provide a substantial discount for products with both VVC and HEVC technologies. Compared with Advance’s current HEVC License, which will continue to be offered for as long as any current or future licensees wish, the new Platform License structure will be streamlined and will enable existing and future licensees to easily transition to one or more Platform Licenses at any time.  The Platform structure will also allow additional next-generation video technologies to be efficiently added in the future. 

"We are extremely pleased to announce the release of a draft VVC Licensing Program Overview to our many Licensors and other patent owners that have engaged with us over the last several months," stated Peter Moller, CEO of Advance. "The marketplace, including input we’ve seen from the MC-IF process, has been clear that both patent owners and patent implementers desire licensing clarity for VVC as soon as possible, as well as a licensing structure that can seamlessly incorporate multiple video codecs into a single license platform. While there is still work to be done in reaching a final consensus on rates and certain other terms, we are confident that our draft Overview provides a structure that will meet with broad approval and allow us to establish a "one stop shop" Licensing Platform for VVC and HEVC—one that will meet the needs of a substantial majority of stakeholders and give the market the clarity it wants now. We welcome all companies having a good faith belief that they have one or more VVC essential patents to join the discussions and receive a copy of the Overview. We are also willing to make a version of the Overview available to anyone – including patent implementers without VVC patents – who have a bona-fide reason to receive it. Please contact us using the information below."

Advance also announces a change in name to Access Advance LLC. Given the goodwill and recognition built around the "Advance" name since the company’s inception in 2015, "Advance" will continue to be used as the company’s principle trade name. "While the name HEVC Advance has served us well, as we prepare to launch a VVC program it’s time to update our name to convey our expanded focus," continued Mr. Moller.  The name change will be implemented in stages over the next several months. 

About Access Advance LLC (previously HEVC Advance LLC)
Access Advance LLC ("Advance") is an independent licensing administrator company formed to lead the development, administration, and management of patent pools for licensing essential patents of the most important standards-based video codec technologies. Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers. For more information about Advance, visit www.hevcadvance.com.  To contact us concerning the VVC Licensing Program, please email Paul Bawel at paul.bawel@hevcadvance.com and/or the Licensing team at licensing@hevcadvance.com.

Contact: press@hevcadvance.com

Related Links :

http://www.hevcadvance.com

PR Newswire

Tencent Music Entertainment Partners with Cooking Vinyl to Promote Global Indie Music

Leave a comment

SHENZHEN, China, Aug. 14, 2020 — Tencent Music Entertainment Group (TME) (NYSE: TME) announced an exclusive partnership with Cooking Vinyl, a European pioneer independent record company. Under this agreement, Cooking Vinyl’s music will be available across TME’s music platforms – QQ Music, Kugou Music, Kuwo Music, and WeSing. 

As a pioneer and leader in China’s online music entertainment industry with over 800 million monthly active users, TME will leverage its strengths in digital music content scouting, promotion, distribution and creation to help Cooking Vinyl with music copyright digitalization. TME will also provide support in music, audio and video content, performances, social entertainment and other fields. TME will maximize the potential value of this cooperation to introduce Cooking Vinyl’s artists and effectively meet the needs of music lovers for original music and indie music.

Established in 1986, Cooking Vinyl is a truly global operation with a presence in more than 40 countries, which enjoys a role as the creative hub for coordinated worldwide artist campaigns and worldwide sales, marketing and distribution strategies. It has supported million-selling successes including Marilyn Manson, The Cranberries, The Prodigy, Passenger and Nina Nesbitt, and multiple Grammy Awards winners. Cooking Vinyl produces widely appreciated music content covering folk, rock, punk, electronic and alternative music.

"The world spotlight is opening up opportunities for non-Anglo-American music and this is the perfect time to enter into this co-operation with TME," said Martin Goldschmidt, Chairman of Cooking Vinyl, "TME is the perfect partner for Cooking Vinyl to develop our artists and labels in China and bring our eclectic and diverse music to the Chinese audience. As China increases its importance in the global music market, musicians have attached greater attention to China. Cooking Vinyl is looking forward to delivering the spirit of indie music to a broader audience in various forms with TME."

An official director of TME said, TME has long invested in and supported original and emerging music. Cooking Vinyl champions the music and careers of artists, and gives artists freedom in content creation, which is aligned with the values of TME. TME will work with music labels and musicians to create content together. Through the mature online and offline operation and interaction channels established in the digital music entertainment field over the years, TME can empower excellent indie musicians and guide these unique artists to shine.

With its robust music ecosystem and customized promotion, distribution and an operation model precisely guided by data, TME has provided outstanding musicians with performance opportunities for their music in various online and offline forms. The strategic cooperation with Cooking Vinyl not only provides a larger stage for its artists, but also empowers classic labels to unleash their potential and infuse fresh blood into their music and artist pools.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.

For more information, please visit https://www.tencentmusic.com/

Media Contact:

Edmond Lococo, ICR Inc.
e-mail: TME.PR@icrinc.com
Phone: +86 138-1079-1408

 

Related Links :

https://www.tencentmusic.com/

PR Newswire

Sogou Ranks Top in DNS Challenge at Interspeech 2020

Leave a comment

BEIJING, Aug. 14, 2020 — Sogou Inc. (NYSE:SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China’s internet industry, recently scores big wins partnering with Norhtwestern Polytechnical University, China in the Deep Noise Suppression (DNS) Challenge at Interspeech 2020.

As the world’s largest technical conference focused on speech processing and application, Interspeech 2020 enjoys extensive attention from industry authorities. The DNS Challenge hosted by Microsoft aims to maximize the perceptual quality and intelligibility of the enhanced speech, which has attracted both industry giants such as Amazon, Facebook, Sony as well as top research institutions including Carnegie Mellon University, John Hopkins University, Seoul National University and University of Science and Technology of China.

Sogou’s AI Interaction Division cooperates with Audio, Speech and Language Processing Group at Northwestern Polytechnical University (ASLP@NPU), China in this year’s DNS Challenge and beats Amazon by 0.03 MOS, winning first in Real-time track. The joint research paper DCCRN: Deep Complex Convolution Recurrent Network for Phase-Aware Speech Enhancement has also been accepted by Interspeech 2020 and will be shared at the conference.

Sogou Ranks First in DNS Challenge at Interspeech 2020
Sogou Ranks First in DNS Challenge at Interspeech 2020

The secret behind the winning is the leverage of Deep Complex Convolution Recurrent Network (DCCRN) in speech enhancement process, which performs better than traditional real-valued convolution in noise suppression. Compared to a traditional real-valued neural network, complex convolution network uses complex multiplication which effectively improves the modeling of real and imaginary parts. The recent research on DCCRN network structure will be further adopted in Sogou’s product roadmap.

Speech enhancement technology aims at reducing environmental noise and improving speech quality thus has a wide range of applications. Sogou S1, a premium AI-powered smart recorder features its proprietary PureVoice noise-canceling technology that can eliminate up to 40,000 types of unwanted noises to ensure recording quality. S1 can also convert audio to text at high speed with an accuracy rate of 98%, making it the top-notch AI products on the market. As the COVID-19 pandemic is impacting the globe and more people are working remotely, conference calls with better noise reduction and voice enhancement will also be in high demand.

Sogou has always attached great importance on the development of spoken language processing, with continuous effort on strengthening our investment and exploration in cutting-edge AI technologies. In the future, Sogou will expand its effort in speech recognition frontiers and offer the benefits to its industry partners and users.

Safe Harbor Statement

This announcement may contain forward-looking statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. The Company cautions you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. There can be no assurance that Tencent will make any definitive offer to the Company, that any definitive agreement relating to the Proposal will be entered into between the Company and Tencent, or that the Proposed Transaction or any other similar transaction will be approved or consummated.

About Sogou

Sogou Inc. (NYSE: SOGO) is an innovator in search and a leader in China’s internet industry. With a mission to make it easy to communicate and get information, Sogou has grown to become the second-largest search engine by mobile queries and the fourth largest internet company by MAU in China. Sogou has a wide range of innovative products and services, including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC. Sogou is also at the forefront of AI development and has made significant breakthroughs in voice and image technologies, machine translation, and Q&A, which have been successfully integrated into our products and services.

For media enquiries, please contact:

Serena Liu
Sogou Public Relations
Tel: +86 10 5689 9999 (61958)
Email: press@sogou-inc.com 

Related Links :

http://www.sogou.com

PR Newswire

Tencent Music Entertainment Group and Kobalt Music Group Enter Strategic Licensing and Distribution Deal

Leave a comment

The Music of Childish Gambino, Lauv, Marshmello, Elvis Presley, The Weeknd and More Now Available Across Tencent Music Entertainment Group’s QQ Music, Kugou Music, Kuwo Music and Wesing

SHENZHEN, China, Aug. 14, 2020 — Tencent Music Entertainment Group (TME) (NYSE: TME) and Kobalt Music Group announced they have officially reached a strategic cooperation to license and distribute the Kobalt publishing and AWAL recording catalogs on TME’s streaming platforms.

With its strategic position across the entire music entertainment industry value chain, TME will help Kobalt to simultaneously expand to concerts, music festivals, online live streaming and more fields, in order to effectively meet the music needs of fans all over the world.

Kobalt Music Group’s content will now be available through TME’s QQ Music, Kugou Music, Kuwo Music and Wesing. In the future, the two parties will join hands in content, to deepen the development of music IP and explore potential new artists.

As one of the biggest independent publishers and recording companies, Kobalt represents over 25,000 songwriters, 600 publishers, and 20,000 independent artists.

The most iconic and exciting musicians in the world call Kobalt home, including Childish Gambino, Dave Grohl, Enrique Iglesias, Lauv, Lorde, Zayn Malik, Marshmello, Max Martin, Paul McCartney, Elvis Presley, The Weeknd, and more. The company’s recording division, AWAL, includes Allie X, Bruno Major, FINNEAS, Lauv, and more, many of which are well-known to Chinese fans.

Globally, Kobalt Music, as an emerging music service company, is actively embracing the trend of digital transformation. TME said that it is willing to join hands with Kobalt Music to cultivate in the digital music content ecosystem, help musicians to obtain greater value, provide users with more rich and diverse music content, and also bring innovative inspiration to the industry.

"Innovation is in the DNA of both Tencent Music Entertainment and Kobalt," said Founder and Chairman of Kobalt Music Group, Willard Ahdritz. "We look forward to our partnership and driving the next phase of the digital marketplace transformation and working with TME on a bigger scale."

"I’m excited to continue our commitment to the Chinese music market," said Laurent Hubert, CEO of Kobalt Music. "With TME’s expansive user base and our all-star roster, we look forward to many creative and commercial opportunities for our artists, songwriters and partners."

Bob Bruderman, EVP, Digital Partnerships at Kobalt Music Group also said, "This is a great step for our musicians, as well as their fans. We are honored to be partnering with TME, and look forward to exploring new innovative forms of business and collaboration. "

With the cooperation between Tencent Music Entertainment Group and Kobalt Music, the two parties will combine their strengths through the entire music industry chain, with high-quality music content at the core driving the creation of music value, jointly providing better music for fans around the world, while helping the development of the global music industry.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform comprises online music, online karaoke and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.

For more information, please visit https://www.tencentmusic.com/

Media Contact:
Edmond Lococo, ICR Inc.
e-mail: TME.PR@icrinc.com
Phone: +86 138-1079-1408

 

PR Newswire

Meekco.Asia Joins Facebook Global Expansion Program to Support Asia’s Businesses

Leave a comment

KUALA LUMPUR, Malaysia, Aug. 14, 2020 — Meekco.Asia the one-stop digital commerce company headquartered in Malaysia today announced they will join the Facebook Global Expansion Program (GEP). As a partner Meekco will help advertisers expand their business across the globe and achieve their cross border eCommerce goals.

CEO & Founder Kah Hing and his team at Meekco.Asia
CEO & Founder Kah Hing and his team at Meekco.Asia

With this partnership, Meekco is targeting to manage merchants’ total gross merchandise value of USD$50mil per year for both Malaysia and Singapore markets.

Meekco CEO & Founder Kah Hing said that "With the partnership in place, we will be able to quickly onboard a business into a new country or territory by removing the barrier of unfamiliarity of the local market with our tools, know-how and technology. We are looking forward to being the top agency in omni channel conversion marketing for retailers and brands in this region in the next 3 years."

Kah Hing explains that the Facebook GEP features can duplicate a client’s business to any part of the world with the localisation of their business model to fit each specific country. "We provide them with our 7 pillars of core services which are the localisation of their eCommerce store, content translation, payment gateway integration, logistic & fulfilment integration, customer service outsourcing, business tax compliance and omni-channel marketing." he added.

Recently awarded a contract to build Bonia their multi countries webstore with the Shopify Plus enterprise eCommerce Platform, Meekco.Asia is the first agency that handles such complex business setup of Online-to-Offline (O2O) commerce solution in Malaysia. Bonia Corporation Berhad is an international luxury fashion retailer based in Malaysia which has more than 700 sales outlets across Asia.

Meekco.Asia’s other retail customer base are Air Asia Foundation, Solartime, Malaya Optical and Tumasek Pewter to name a few.

You can read more about Facebook’s Global Expansion Program here: https://www.facebook.com/business/m/cross-border

About Meekco.Asia 

Meekco.Asia is a full-stack conversion marketing company based in Malaysia & Singapore. This one-stop digital commerce company partners with businesses for successful digital transformation experience. A Shopify expert, Meekco.Asia serves their clients as a Digital Commerce Growth Agency. They assist SMEs and Large Enterprises develop Shopify Expert & Shopify Plus stores based in Malaysia & Singapore. Meekco.Asia web development team specialises in providing solutions to B2B customisations for manufacturers, wholesalers and drop-shippers.

"Make Future Commerce Better"

Photo – https://photos.prnasia.com/prnh/20200813/2884867-1?lang=0

PR Newswire

Sinopharm Tech innovatively launches lottery anti-counterfeiting traceability solution

Leave a comment

Authorized to use two anti-counterfeiting patents

Expand anti-counterfeiting market of products with high value-added

HONG KONG, Aug. 10, 2020 — Sinopharm Tech Holdings Limited ("Sinopharm Tech" and its subsidiaries, together, the "Group", stock code: 8156) is pleased to announce that, the Group has cooperated with Beijing Cai-Yan Technology Co., Ltd. ("CY Technology") to innovatively launch a scientific, efficient and unique anti-counterfeiting traceability solution with anti-counterfeiting packaging devices and online anti-counterfeiting information verification platform as the core content. Through the commercialization of lottery anti-counterfeiting technologies, the solution will enable the consumers to easily and reliably identify the authenticity of the product. The Group targets to tap the anti-counterfeiting demand and commercial revenue potential of products with high value-added attributes.

Driven by favorable national policies, China’s anti-counterfeiting traceability industry has developed rapidly. According to data from the Newsijie Industry Research Center, China’s anti-counterfeiting market reached RMB151.2 billion in 2018, spanning across various industries including medicine, food, cosmetics, tobacco and alcohol, and luxury goods. More and more brands are putting effort into anti-counterfeiting traceability, and the demand is increasing. It is estimated that the anti-counterfeiting traceability market will reach RMB198.7 billion in 2023, portraying a huge growth potential for the industry.

Innovatively anti-counterfeiting patents combining the lottery characteristics of credibility and public welfare features

CY Technology has obtained the authorization to use two patented technologies, namely product anti-counterfeiting packaging device (being notified in granting the patent, patent application number: 201921449828.X) (the "Anti-counterfeiting Traceability"), and adhesive parts and components and anti-counterfeiting packaging device (patent number: ZL 2019 2 1579150.7) (the "Anti-counterfeiting Device(s)"). The Group also has the right to use these patents through signing a licensing agreement with CY Technology ("Authorization"), authorizing the use of such anti-counterfeiting patent solutions for market promotion, and the formation of an overall solution for the patented technology to be applied to consumer products (the "Commercial Cooperation").

The two anti-counterfeiting patents mainly provide efficient and unique anti-counterfeiting methods for consumer products circulated in the market through the use of lottery as an anti-counterfeiting mechanism. With the combination of the unique anti-counterfeiting characteristics of lottery tickets and other product design and technological elements such as Radio Frequency Identification, the goals of anti-counterfeiting, easy identification and traceability can be achieved. The planned overall anti-counterfeiting patent application solution innovatively combines the lottery characteristics of credibility endorsement, anti-counterfeiting and public welfare features together with anti-counterfeiting packaging. When the anti-counterfeiting packaging is opened, the integrity of the effective area of the lottery ticket is also destroyed, effectively avoiding loopholes of secondary use. The national lottery industry has a complete management system and mature laws and regulations to protect the legitimate rights and interests of lottery participants. In addition, these lottery tickets are recognized and issued by national institutions and are unique and unforgeable. At the same time, the public welfare characteristic of the lottery itself is not available in other existing anti-counterfeiting technologies. This anti-counterfeiting patent solution encourages the consumers to actively participate in authenticity verification and form the consumers’ authenticity verification habits, while the promotion of the sales of goods will also increase the demand for the Anti-counterfeiting Devices by merchants, which will establish the demand closed-loop.

Promoting the commercialization of anti-counterfeiting patent solutions while targeting products with high value-added

These patented solutions are designed to help companies capture the demand for genuine goods, increase sales revenue, increase industry and corporate credit, while the companies participate in public welfare undertakings at the same time. In this Commercial Cooperation, the Group plays an important role in the development of the market and the formation of overall solutions for practical applications and promotes the full commercialization of anti-counterfeiting patent solutions. The Group will set up a large-scale technology applications R&D and marketing team to provide strong support to the new business sector from the front line to the back end. The Group’s revenue from the Commercial Cooperation is divided into two parts: Firstly, for every product sold by a manufacturer that adopts the patented overall application solution, the Group will receive a certain percentage of service fees from the sales revenue of the solution. Secondly, the patented overall application solution is embedded with lottery elements, the Group will obtain a certain lottery sales commission through the sale of lottery tickets.

The Anti-counterfeiting Traceability and the Anti-counterfeiting Device are connected to the entrance of the anti-counterfeiting information interactive system from which the consumers can enter the authenticity verification platform. Interactive functions such as real-time authenticity verification, lottery ticket redemption, and marketing lottery draw attract the customers. After completion of the online business platform jointly established by the Group’s e-commerce system and genuine goods manufacturers, the accumulated customer base can be tapped into and the multi-dimensional marketing function will be fully utilized.

The Group is optimistic about the anti-counterfeiting demand and commercial revenue potential of products with high value-added attributes. The first batch of targeted users are in the tobacco, medicine, and alcohol industries with relatively strong consumer demand, higher consumption amount, and high anti-counterfeiting requirements. The Anti-counterfeiting Devices help limit and crack down on the circulation of counterfeit goods, help businesses regain real market demand, and consolidate corporate image.

Mr. CHAN Ting, Executive Director and Chief Executive Officer of Sinopharm Tech, said, "the Group has been deeply involved in the lottery industry for more than ten years with a foresight of the market and knows how to make use of the unique technologies to create and capture market share. In the future, the Group will strive to promote the in-depth integration of lottery sales, the Anti-counterfeiting Device, ‘Internet Plus’ and block chain technology. While implementing multi-dimensional marketing functions in the backend of the anti-counterfeiting information system, the Group will ensure the security and integrity of data information. The Group is confident in creating new application scenarios, tapping potential demand in the anti-counterfeiting industry, and accelerating the market-oriented practice of combining lottery and anti-counterfeiting technologies."

About Sinopharm Tech Holdings Limited

Sinopharm Tech Holdings Limited is a comprehensive business development company that provides lottery, "Internet Plus" solutions and personal protective equipment. In 2019, the Group successfully introduced Sinopharm Traditional Chinese Medicine Co. Ltd., a member of China Traditional National Chinese Medicine Co., Ltd., as one of the main strategic shareholders.

The Group has been deeply involved in China’s welfare lottery and sports lottery industries for more than 20 years, and is committed to bringing different innovative solutions to the industry, from lottery systems to interactive marketing to the latest anti-counterfeiting business. Meanwhile, the Group has established 7 cleanrooms in Hong Kong SAR and Mainland China with more than 20 mask production lines, producing 3-ply adult masks, 3-ply student masks, N95 folding masks, N95 cup-shaped masks and other personal protective equipment.

 

PR Newswire

Scener and Agora Partner to Scale Watch Party Platform After Seeing 100x Growth

Leave a comment

Enables Scener "virtual movie theaters" to support up to one million synchronous participants while they watch Netflix, Disney+ and more in real time

SANTA CLARA, Calif. and SEATTLE, Aug. 6, 2020 — Agora, Inc. (API), a Real-Time Engagement platform provider, announced it is powering Scener‘s new Watch Party Platform, enabling millions of participants to simultaneously enjoy streaming TV content together over immersive live video chat.

Scener’s partnership with Agora creates a novel, shared experience that allows unparalleled engagement between viewers watching entertainment content on the major streaming services. Up to one million participants can now simultaneously enjoy streaming content from Netflix, Prime Video, HBO Max, Disney+, Hulu, Vimeo or Funimation in a synchronized video chat environment. Users can host either public or private co-watching sessions, where content is synchronized with participants in real time, paired with video, audio and text chat.

"Live, interactive streaming is the next frontier in entertainment, and our partnership with Scener puts both our companies at the forefront of that," said Reggie Yativ, Chief Operations Officer and Chief Revenue Officer at Agora Lab, Inc. "People viewing content want more authentic ways to engage, whether they’re holding a virtual movie night with close friends or streaming an entertainment panel with their favorite stars. Real-Time Engagement allows viewers to use messaging, voice and video chats during a screening, and that brings more human interaction into these virtual entertainment experiences and helps viewers connect anytime, anywhere."

Scener — a service that has seen 100x growth since March — is using Agora’s Software Defined Real-Time Network™ infrastructure to power the group video chat and synchronization features of its watch parties. Agora’s global network guarantees video-chat streaming quality across borders, regardless of audience size. Scener’s proprietary technology synchronizes underlying video entertainment content on each viewer’s client, ensuring all viewing is properly licensed and respectful of IP rights.

"Agora’s engagement platform sets the stage for massive scale at Scener as we roll out our Watch Party Platform," said Joe Braidwood, Scener co-founder and COO. "This partnership marks a watershed moment for both the entertainment industry and TV lovers globally, where more viewers than ever before can now come together in the same virtual theater to interact while enjoying their favorite shows and movies."

In late July, Scener launched its public co-watching features by hosting watch parties for San Diego Comic-Con and Rifftrax, setting a new daily engagement record with 2.3 million viewer minutes on July 25.

Agora’s platform with flexible and powerful APIs provides developers and organizations with a seamless way to deliver Real-Time Engagement experiences including embedded voice and video chat and in-app messaging. Agora’s dedicated network and device-optimized SDKs make it a leading Real-Time Engagement platform designed to connect people globally, even on low-bandwidth networks and on lower-powered devices.

For more information about Agora’s partners or its live interactive video and voice SDKs for mobile, web or desktop apps, visit www.agora.io.

To learn more about Scener, visit scener.com. Scener watch parties are available to join from any device, and can be hosted from Mac, Windows PC, and Chromebook.

About Agora

Agora’s mission is to make real-time engagement ubiquitous, allowing everyone to interact with anyone, in any application, anytime and anywhere. Agora’s platform provides developers simple, flexible and powerful application programming interfaces, or APIs, to embed real-time video and voice engagement experiences into their applications.

About Scener

Scener is a watch party platform that enables anyone to connect and interact while synchronizing playback of streaming entertainment. Up to 10 people can co-host a public theater for an audience of up to a million over video chat, a new way to hold screenings of the world’s best streaming entertainment content. Scener supports Netflix, HBO Max, Disney+, Hulu, Prime Video, Funimation and Vimeo; an account is required for each participant. Based in Seattle, WA, Scener launched in 2018 and was incubated by media streaming pioneer RealNetworks Inc. To join the community and host your own watch party in seconds visit www.scener.com.

Contact: Alexandria Plew, agora@matternow.com

Photo – https://techent.tv/wp-content/uploads/2020/08/scener-and-agora-partner-to-scale-watch-party-platform-after-seeing-100x-growth.jpg

 

Related Links :

http://www.agora.io