Tag Archives: MLM

PR Newswire

[Ending poverty in China: Data speak] How did China lift nearly 100 mln people out of poverty in 8 years

Leave a comment

BEIJING, Dec. 11, 2020 — A video by China.org.cn on How did China lift nearly 100 million people out of poverty in 8 years? The detailed methods and policies taken in the past few years.

 

How did China’s targeted poverty alleviation efforts help lift nearly 100 million people out of poverty in just eight years as its rural impoverished population decreased from 98.99 million in 2012 to 5.51 million in 2019?

Accurate identification of poverty alleviation targets

China’s absolute poverty line is higher than the World Bank’s. China’s poverty threshold is 2,300 yuan of yearly income per person in constant 2010 prices, which is higher than the WB’s US$1.90-a-day standard.

Income statuses and causes of poverty have been identified accurately.

Efforts have been made to understand impoverished families’ food, housing, work, education, healthcare situations to design specific plans to escape from poverty.

Targeted implementation

Millions of poverty reduction officials have worked in impoverished areas and helped the households solve real problems.

More than 3 million outstanding government officials working at the city level and higher have been helping reduce poverty in rural China in addition to the 2 million officials who were already working in villages and townships.

The central government has provided a large amount of funding for the endeavor.

Broad participation has occurred throughout all sectors of society including pairing assistance, east-west cooperation, and consumption-oriented poverty reduction.

Industries have also been developed based on local conditions.

Efficient management

A poverty alleviation funding management system was created that helps ensure that funds are used effectively and that there is accountability for improper use.

Assessment of sufficient access to food, clothing, education, healthcare, and safe housing and an extensive satisfaction survey and third-party evaluation help to ensure that poverty alleviation achievements withstand the test of history.

[Ending poverty in China: Data speak] How did China lift nearly 100 mln people out of poverty in 8 years? http://p.china.org.cn/2020-12/11/content_77002022.htm

 

Related Links :

http://china.org.cn

PR Newswire

Synechron Acquires Attra

Leave a comment

Expanding competencies with end-to-end banking and payments technology services.

NEW YORK, Dec. 11, 2020 — Synechron Inc., a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition of Attra, an Australia-based technology services and solutions provider, headquartered in Melbourne, and focused on the banking, finance, and payments industries. Attra is one of the leading pure play payments solutions providers with a global delivery footprint in Australia, New Zealand, North America, Europe, the Middle East, and APAC. It has development centers in Melbourne, Australia; Dubai, UAE; and Bengaluru, Hyderabad, and Pune, India.

Founded in 1995, Attra brings Synechron 25 years of deep domain expertise in providing consulting, application development & maintenance, and quality engineering services to clients worldwide, across the payments value chain. Attra’s comprehensive cards and payments services complement the digital, consulting, and technology services that Synechron currently provides for its clients. Attra’s core offerings span the entire software lifecycle, with end-to-end offerings across four key industry verticals – FI and Payment Companies, Third-party Payment Processors and Payment Gateways, Retailers, and Next-Generation Payments. Synechron will further strengthen its technology capabilities through the addition of Attra’s core technology horizontals focused on Payment & Banking Platforms; Intelligent Automation; IT Infrastructure & Cloud; UI/UX, Mobility & Channels; and Information Management.

Post-acquisition, Attra will retain its brand identity but become a Synechron company. Attra’s global team of around 2,000 technology experts in the banking and payments domains will add to Synechron’s already vast pool of talent. Synechron’s and Attra’s combined global footprint will enable both to further expand its geographic span. This alignment will also enable the co-development of future-looking innovative solutions, both through Synechron’s 13 award-winning global Financial Innovation Labs (FinLabs) and Attra Labs, which prides itself on enabling the future now, by engineering payment solutions and creating tools and processes that shape the evolution of technology.

Terms of the deal have not been disclosed. Avendus Capital is Attra’s financial advisor on this transaction.

Faisal Husain, Co-founder and Chief Executive Officer of Synechron, explained, "We provide our clients with a comprehensive set of digital transformation capabilities and the acquisition of Attra enables us to strengthen our service offerings. Moving forward, our combined workforce will top 10,000 employees and annual revenue of $650M+. The enhanced competencies that Attra brings will allow us to further advance our clients’ banking & digital payment technology services while ensuring regulatory compliance." He added, "Attra’s end-to-end payments technology services will blend nicely with our digital innovation that is at the very core of Synechron’s DNA. We welcome the Attra team into the Synechron family."

Chris van Buuren, CEO of Attra, commented, "The payments industry is experiencing a full-fledged digital transformation that is being fueled by exciting new technology advancements and regulatory and competitive changes. We are very excited to join with the passionate team at Synechron as we continue our mission to be strategic partners with organizations in the financial services industry and empower them with a full suite of digitally-led technology services and solutions in payments." 

This acquisition of Attra marks the second acquisition Synechron has closed in the past six weeks. On October 23, Synechron announced its acquisition of Citihub Digital, a London and New York-based technology consulting firm for the financial services industry. Citihub Digital brought Synechron expert competencies on application modernization, cloud enablement, cybersecurity and operating model transformation. Both acquisitions renew Synechron’s deep commitment to partner with top-notch digital transformation companies and their domain experts in accelerating digital for the entire financial services ecosystem across the globe.

About Synechron

Synechron is a leading Digital Transformation Consulting firm for financial services, Accelerating Digital for financial institutions by providing innovative solutions to the financial services industry through three main business focus areas: Digital, Business Consulting, and Technology. Based in New York, our company has 18 offices around the globe, with over 10,000 employees producing over $650+M in annual revenue. For more information on the company, please visit our website or our LinkedIn community.

About Attra

Attra is a technology services and solutions provider in the banking, cards, and payment domains, with comprehensive expertise and experience spanning 25 years. The company builds strong strategic partnerships with global players in the banking and financial service industry, to provide quality-assured, information-secured consulting, application development, and quality engineering services. It has a global team of around 2,000 domain experts, and sales, marketing, and delivery centers across 13 countries. Please visit the Attra website for more information on the company.

For more information contact:

Atul Tajave
Director-Global Marketing & Communication, Synechron
media@synechron.com

OR

Shashwath Bopaiah
Head of Marketing and Corporate Communications, Attra
media@attra.com.au

 

Related Links :

http://www.synechron.com

PR Newswire

Access Advance Announces Newest Additions to the HEVC Advance Patent Pool

Leave a comment

BOSTON, Dec. 11, 2020 — Access Advance ("Advance"), an independent licensing administrator, today announced the addition of over 30 Licensees in recent months, including, ARRIS Solutions (a leading set-top box provider), DJI (a leading drone provider), Google (a leading internet-related services and products provider), Hanwha Techwin (a leading surveillance camera provider), OPPO (a leading global smart device brand), Panasonic (a leading multi-national electronics provider), and Panasonic i-PRO Sensing Solutions (a leading security/surveillance solutions and device provider).

Advance also recently welcomed Digital Insights, Google, and IBEX PT Holdings to the HEVC Advance Patent Pool as Licensors. The HEVC Advance Patent Pool now contains over 13,000 HEVC/H.265 essential patents, and of those patents, almost 11,000 are now available in a pool license exclusively through the HEVC Advance Patent Pool. For a complete up-to-date listing of all licensors and licensees in the HEVC Advance Patent Pool, please visit the Access Advance website.

"We are extremely pleased to welcome the newest licensees and licensors to our HEVC Advance Program, many of whom are significant market leaders," says Access Advance CEO, Peter Moller. "The HEVC Advance Patent Pool continues to grow while consolidating the H.265/HEVC patent landscape. As we have always said, one of the main goals of the HEVC Advance Patent Pool is to break down IP barriers to enable HEVC technology to reach all market participants and consumers, and the program continues to do exactly that. We look forward to continuing to deliver unmatched value to both our HEVC licensors and licensees for many years to come, and believe that we are uniquely positioned to offer the market a winning solution for the next generation video codec, VVC/H.266, as well."

About Access Advance:

Access Advance LLC (formerly HEVC Advance LLC) 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. Access Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers. Access Advance currently manages and administers the HEVC Advance Patent Pool for licensing patents essential to H.265/HEVC technology and is currently in the development phase for its VVC Advance Patent Pool for licensing essential patents to VVC/H.266 technology.  For more information about Access Advance or the HEVC Advance Patent Pool, please visit www.accessadvance.com. For more information about the VVC Advance Patent Pool currently in development, please contact Paul Bawel, SVP, Business Development, at Paul.Bawel@accessadvance.com.

Contact: press@accessadvance.com

PR Newswire

OPPO Joins the HEVC Advance Patent Pool

Leave a comment

BOSTON and SHENZHEN, China, Dec. 11, 2020 — Access Advance, an independent licensing administrator, today announced that OPPO, a leading smart device company, has become a licensee of the HEVC Advance Patent Pool. OPPO will gain access to the over 13,000 (and counting) worldwide patents essential for implementing the HEVC/H.265 video codec standard. 

"OPPO’s joining our HEVC Advance program is an important endorsement, and we are excited to welcome them," said Access Advance CEO, Peter Moller. "As a leading smart device company with some of the best-selling products and brands in the world, OPPO’s investment in research, innovation and intellectual property has made it a leading contributor in the development of many next-generation standards in the telecommunication and media industry, including VVC, the next generation video codec. We look forward to OPPO’s participation in our HEVC program and having their support in our VVC program as well."

"HEVC Advance is a collaborative patent platform that balances the interest of both licensees and licensors, and takes FRAND principles seriously," said Adler Feng, Senior Director of Intellectual Property at OPPO. "OPPO is very pleased to join the HEVC Advance Patent Pool, and looks forward to promoting the healthy development of the industry with our worldwide partners."

About OPPO:

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – "Smiley Face" – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO provides its users with the ColorOS operating system and internet services like OPPO Cloud and OPPO+. OPPO operates in more than 40 countries and regions, with 6 Research Institutes and 4 R&D Centers worldwide, as well as an International Design Center in London. More than 40,000 of OPPO’s employees are dedicated to creating a better life for customers around the world.

About Access Advance:

Access Advance LLC (formerly HEVC Advance LLC) 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. Access Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers. Access Advance currently manages and administers the HEVC Advance Patent Pool for licensing patents essential to H.265/HEVC technology and is currently in the development phase for its VVC Advance Patent Pool for licensing essential patents to VVC/H.266 technology.  For more information about Access Advance or the HEVC Advance Patent Pool, please visit www.accessadvance.com. For more information about the VVC Advance Patent Pool currently in development, please contact Paul Bawel, SVP, Business Development, at Paul.Bawel@accessadvance.com.

Contact: press@accessadvance.com

PR Newswire

[ Ending poverty in China: Data speak ] China’s achievements in poverty alleviation

Leave a comment

BEIJING, Dec. 11, 2020 — A video by China.org.cn on how China succeeded in eradicating poverty, what methods China used to reduce poverty, and what achievements China gained so far.

 

China has seen one people shaking off poverty every 2.24 seconds since 2012, faster than global average and 10 million more than the population of Germany.

The annual input of poverty alleviation funding from the central government increased by 100 billion yuan (US$14.3 billion).

From 2013 to 2019, the disposable income of the rural poor increased by 19.7%, and 2.2 percentage points higher than the national average over the same period.

Over 57 million rural people moved into safe houses; Ten million poor people relocated to new communities; About 6,000 people moved out of the mountains every day; The rural per capita housing area expanded fivefold.

All villages in impoverished areas could be accessed by paved roads; All villages within the coverage area of large power grids had access to electricity; Almost all villages had broadband coverage.

Almost all are covered by universal health insurance.

Over 95% of impoverished counties help maintain the school retention rate.

All rural residents living below the current poverty line will be lifted out of poverty by 2020. China will achieve the Sustainable Development Goal on eradicating extreme poverty 10 years ahead of schedule.

[ Ending poverty in China: Data speak ] China’ s achievements in poverty alleviation

http://p.china.org.cn/2020-12/10/content_76997814.htm

 

Related Links :

http://china.org.cn

PR Newswire

Entain Marks Its First Day With Measures To Deliver On Its New Strategy

Leave a comment

– U.S. growth accelerates as BetMGM plans to double its footprint in three months

– Entain to seek licence in Canada and becomes the first global sports betting and gaming operator to gain a licence in Latin America

LONDON, Dec. 10, 2020 — The global sports betting and gaming group previously known as GVC Holdings plc, marked the first day of trading under its new name with a range of measures to deliver on the vision and direction recently outlined by its CEO Shay Segev. The new measures extend across all the countries in which it operates with brands including bwin, PartyPoker, Ladbrokes, Coral, FoxyBingo and BetMGM.

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

jwplayer(‘myplayer1’).setup({file: ‘https://mma.prnasia.com/media2/1372389/Entain.mp4?p=medium600’, image: ‘http://www.prnasia.com/video_capture/3218811_AE18811_1.jpg’, autostart:’false’, aspectratio: ’16:9′, stretching : ‘fill’, width: ‘600’, height: ‘338’});

Last month Entain announced a new strategy to deliver significant growth, driven by expansion in the U.S., growth across its core business, entry into new markets, and to new audiences. Entain, which has a very strong track record of 19 consecutive quarters of double-digit growth in its online business, also committed to lead responsible gaming with a new Sustainability Charter. Under this charter, the business pledged to focus only on regulated markets and use its proprietary technology to raise levels of player protection. 

As part of these plans to deliver growth and sustainability, Entain today confirmed strong momentum and market share gains in the U.S. for BetMGM, its joint venture with MGM Resorts. Between October and January BetMGM is adding five new states, doubling its population reach in three months to around 75 million across 12 states. Entain also disclosed that BetMGM’s most recent state launch in Tennessee has been its most successful go-live yet with revenues already ahead of those in more established states. Powered by Entain technology, BetMGM expects to be in over 20 states by the end of 2021.  

"We are firmly on track to take further leadership in the U.S. as well as in many other newly regulated markets that are now opening around the world." said Segev. "At the heart of our growth strategy is a determination to bring the best player experiences and protections to our industry as technology moves sport and interactive entertainment into a new era. In the U.S., we invested in building the right building blocks for the BetMGM platform to grow and become a long-term leader in the U.S., with superior technology and capabilities, and this is now paying off."

Entain also fleshed out its new Sustainability Charter, allocating money to new projects which will be delivered through its international Foundation around the world. It also gave further detail on its new Advanced Responsibility and Care (ARC) initiative, seeking to revolutionise player experiences and protection through world-leading research, data science and technology. Other new measures include:

Focus on new regulated markets: In line with its stated intention to focus on fully regulated markets, Entain today announced it has become the first global sports betting and gaming operator to gain a licence in Latin America and expects to go live in Colombia over the next month. Colombia is one of the first countries to issue licences in Latin America with others, such as Brazil preparing to follow. Elsewhere in the Americas, Canada is also moving ahead with regulation and Entain confirmed it will be applying for licencing in Canada.

  • Investing in people and communities: Entain has pledged to invest £100 million over five years in the Entain Foundation to fund responsible gaming initiatives and to support people and communities around the world where it operates. Today, it announced a series of international commitments: 

    UK: Entain and the three Trident Leagues (The Isthmian, Northern Premier and Southern Leagues) are to launch the Trident Community Foundation to help fund community-based projects. Grants will be open for the 228 football clubs that participate in the leagues.
    "Pitching In", Entain’s recently launched grassroots sport investment programme, is the founding partner of the Trident Community Foundation (TCF) and has donated £150,000 to establish the TCF fund, for distribution over the rest of the 2020/21 season.

    US: The Entain Foundation is rolling out an extensive state-by-state program with EPIC, a charitable organisation which works with former athletes and people who have overcome gambling addiction to help educate people on how to play safely.

    The U.S. project announced today with EPIC extends the program to a total of 15 Pro Sports teams and over 20 colleges across the country, including Harvard University, University of Oregon, and the Mid-American Conference. Entain and EPIC plan to work together to add additional professional sports leagues and colleges across the US during 2021. 

    Germany: The Entain Foundation will continue existing sports integrity projects in Germany and receive early funds to initiate further activities around responsible gaming.

    Australia:  The Foundation has announced initial new projects to advance responsible gaming with Relationships Australia, a community-based not for profit organisation which provides a range of counselling and support services to problem gamblers and their families. The new funding will be used to support a social media campaign to reach vulnerable audiences and to raise awareness of the signs of gambling addiction.

  • Advanced Responsibility and Care (ARC): Under this recently announced programme, Entain will combine its technology with research and insight from leading psychologists and Harvard to develop innovative experiences and safeguards for a new era in interactive sport and entertainment. To this end, Entain today announced that:

    Dr. Michael Auer,     a leading academic and member of the scientific community at the University of Hohenheim in Germany, specialising in behavioural psychology and addiction, will join Entain alongside Professor Mark Griffiths, Distinguished Professor of Behavioral Addiction and Psychology at Nottingham Trent University. They will evaluate and advise on improvements to Entain’s guidelines and processes in relation to responsible gaming.

For more information see the Group’s website: www.entaingroup.com

Video – https://mma.prnasia.com/media2/1372389/Entain.mp4?p=medium600

PR Newswire

TBD Media Group: Brands and Businesses Building a Blueprint for a Green and Sustainable Future

Leave a comment

LONDON, Dec. 9, 2020 — The need for greater sustainability and efficient use of resources, including food and malnutrition, has never been more firmly embedded in the public consciousness. Responding to the results of climate change and the call to action from governments, the general public, and organisations like the United Nations with its Sustainable Development Goals; businesses around the globe are launching into action to lead the world in creating a positive and sustainable future.

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

jwplayer(‘myplayer1’).setup({file: ‘https://mma.prnasia.com/media2/1360181/TBD_Media_50_Climate_Leaders_Promo.mp4?p=medium600’, image: ‘http://www.prnasia.com/video_capture/3215415_AE15415_1.jpg’, autostart:’false’, aspectratio: ’16:9′, stretching : ‘fill’, width: ‘600’, height: ‘338’});

At TBD Media Group, we are proud to profile several of these businesses in the launch of 50 Sustainability and Climate Leaders, the third edition of our trailblazing series of informative short documentary films focusing on how businesses are leading the way in ensuring a positive impact on the environment we all live in.

Such leaders are proving themselves as pioneers, making new and exciting leaps with technologies such as artificial intelligence and green power; all the while working to galvanise their peers and customers into enacting inspiring changes of their own.

However, the actions of these companies cannot and must not go unnoticed; such ground-breaking steps must be made public and clear to provide a blueprint to others in their respective sectors.

This series will offer seventeen new and bespoke pieces of trendsetting content for our international audience to garner an insight into the climate-conscious motivations and techniques of our varied range of clients. We are delighted to use our specialised storytelling techniques and our wide-reaching platform to give a voice to the companies who are changing the global paradigm for the better. At TBD Media Group, we are dedicated to discovering the human stories and inspirational visions that motivate such incredible brands to commit to making a difference in today’s world.

We firmly believe that businesses, corporations and their leaders can learn a great deal from the activities of their peers, and that this campaign provides an unmissable opportunity for leaders to discover new ways of operating and spearheading a positive impact.

Bringing the stories of such leading companies to life is a true privilege and we are delighted to celebrate the revolutionary efforts that are being taken to combat climate change and lead the industries of today into the sustainable world of tomorrow.

Companies featuring in the campaign:

ACTIS, Bitburger Brewery, City Developments Limited, Grohe AG, Herbalife, Hilton, Indorama Ventures, Johnson Matthey, Jungheinrich AG, Lürssen Yachts, Nemetschek Group, PHW-Gruppe, Schur Flexibles Group, Societe Generale, Sulzer, TSMC.

With businesses aligned to The United Nations Sustainable Development Goals, this recent 50 Climate Leaders campaign hosted on Bloomberg, will see CEOs and executives sharing ideas on achieving greater sustainability using solutions that leverage the latest technology and thought leadership to maximize profit.

Notes to Editors:

The 50 Sustainability Climate Leaders project is the response from the International Business Community which demonstrates the desire, the leadership, and the will to take effective action in the fight against Climate Change. Businesses that wish to get involved should contact info@tbdmediagroup.com.

About TBD Media Group

TBD Media Group is an international purpose driven media group that helps companies, organisations and governments tell their brand stories in a human and direct way.

Media contact:
Marie Ellis
TBD Media Group
+44 (0)20 3553 9432
m.ellis@tbdmediagroup.com

Video – https://mma.prnasia.com/media2/1360181/TBD_Media_50_Climate_Leaders_Promo.mp4?p=medium600
Photo – https://techent.tv/wp-content/uploads/2020/12/tbd-media-group-brands-and-businesses-building-a-blueprint-for-a-green-and-sustainable-future.jpg

 

TBD Media Group: Brands and Businesses Building a Blueprint for a Green and Sustainable Future
TBD Media Group: Brands and Businesses Building a Blueprint for a Green and Sustainable Future

 

Related Links :

Slider Full Page

PR Newswire

“Chateau School Online” Officially Launched

Leave a comment

TOKYO, Dec. 9, 2020 — Chateau School launched "Chateau School Online" from November 27.

Chateau School is an international, multilingual school for children from ages zero to six in Tokyo. Opened in 2011, the school grew by devoted families from art, fashion, music, entertainment, technology, etc. and became an institution for world-famous families of creative industries.

Images: https://kyodonewsprwire.jp/release/202011307875?p=images

The name "Chateau" refers to a "powerhouse" where children collect inspiration and polish individual values and creativity.

Chateau School has developed an exclusive "World Diplomacy Program" which is a full-year curriculum to explore over 110 countries in 9 months across the globe.

Chateau School Online offers its signature World Diplomacy Program from an iPad, handphone or computer. Children can experience Chateau School in a new way.

Learn about a country’s overview on Monday, music and dances on Tuesday, arts and crafts on Wednesday, cooking on Thursday and national sports and games on Friday. In the future, the program plans to upgrade with more features.

Chateau School Online creates an opportunity for global citizens to learn the in-depth cultural values of worldwide countries from an early age.

Please note that this is a soft launch. Updates will bring more countries and content to explore. The school hopes citizens will check the app and start learning about the world with their children from home.

Official website: https://chateau-school.com/

Related Links :

https://chateau-school.com/

PR Newswire

CooTek to Announce Third Quarter 2020 Unaudited Financial Results on December 15, 2020

Leave a comment

SHANGHAI, Dec. 5, 2020 — CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it will report its unaudited financial results for the third quarter 2020 ended September 30, 2020, before the open of U.S. markets on December 15, 2020. CooTek’s management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on December 15, 2020 (9:00 PM Beijing Time on the same day).

Dial-in details for the earnings conference call are as follows:

United States:

1-888-346-8982

Hong Kong:

800-905-945

China:

4001-201-203

International:

1-412-902-4272

Passcode:

CooTek

Please dial in 15 minutes before the call is scheduled to begin and provide the passcode to join the call.

A telephone replay of the call will be available after the conclusion of the conference call until 7:59 AM ET on December 22, 2020:

United States:

1-877-344-7529

International:

1-412-317-0088

Passcode:

10150445

A live and archived webcast of the conference call will be available on the Investor Relations section of CooTek’s website at https://ir.cootek.com/.

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and casual games.

For more information on CooTek, please visit https://ir.cootek.com/ or contact:

CooTek (Cayman) Inc.

Mr. Robert Cui
E-mail: ir@cootek.com 

ICA (Institutional Capital Advisory)

Mr. Kevin Yang
Phone: +86-021-8028-6033
E-mail: cootek@icaasia.com

PR Newswire

Website Builds Calculator Showing How Long It Will Take You to Afford Mahomes’ KC Mansion – My Home vs Mahomes

Leave a comment

ISELIN, N.J., Dec. 4, 2020 — Mahomes’ recent signing with adidas to create a personalized shoe in honor of his old high school got us thinking about the young athlete’s meteoric rise. Although it is not one hundred percent known what the twenty-five year old athlete’s net worth is, it is known how much he bought his Kansas City mansion for. With that in mind, World Sports Network (WSN), has created a calculator to find out how many years it would take the average earner to purchase his mansion on their own salary.

"We built the tool thinking it would be fun to see how long the average worker would have to save to afford a pro athlete’s house. For instance, assuming the average salary in the USA is sixty-five thousand dollars a year, and assuming that you have no other expenses, it would take you twenty-nine years to afford Mahomes’ KC mansion. That is nothing in comparison to Tiger Woods’ house, which would take the average worker eight hundred and thirty-one years to afford!" –Evan Henningsen, an Editor as WSN. 

Also on the list of major athletes whose mega mansions one can compare against are Serena Williams, Floyd Mayweather, Tom Brady, LeBron James, and many more.

WSN prides itself on reporting on the sports, news, guides, picks, and tools that sports fans need in their daily lives as they interact with the teams and leagues they love the most. The Mahomes calculator is one of many fun tools provided by WSN.

Media Contact:
Gustave Seeberg
Phone: +4526608652
Email: gustave.seeberg@wsn.com