Tag Archives: MLM

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

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

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

For pre-registration, please click

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

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

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

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

International:

+61 2 8199 0299

Passcode:

2876397

About Baidu

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

For investor inquiries, please contact:

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

Related Links :

http://www.baidu.com

East China’s Hangzhou puts on online expo to showcase global cultural and creative products

HANGZHOU, China, Nov. 6, 2020 — The 14th Hangzhou Cultural and Creative Industry Expo was held in Hangzhou, capital of Zhejiang Province in southeastern China, from Oct. 29 to Nov. 1. The expo attracted more than 4,000 cultural institutions and enterprises from more than 60 countries and regions to participate online and offline. The total number of participating brands increased by 60% compared with the previous expo. The exhibition area of overseas brands remained at 40% of the total exhibition area. During the exhibition, the main venue received more than 60,000 visitors, the two online sub-venues received more than 930 million clicks, and completed on-site transactions and project contracts worth 2.19 billion yuan.

The 14th Hangzhou Cultural and Creative Industry Expo
The 14th Hangzhou Cultural and Creative Industry Expo

 

Visitors at the 14th Hangzhou Cultural and Creative Industry Expo
Visitors at the 14th Hangzhou Cultural and Creative Industry Expo

In the past 14 years, amid new culture, new consumption and new life, the expo has not only become one of China’s four major cultural exhibition activities, but also Hangzhou’s cultural landmark and an important platform for building an international cultural and creative center.

Online expo stays open throughout the year

With the rapid development of China’s new economy, more and more consumers are using the Internet to communicate, and online shopping has become a trend. This year’s expo also features two online sub-venues, allowing citizens to visit the exhibition without leaving their homes.

As one of the online sub-venues of the expo, Dongjia App is an online shopping platform specially set up for excellent traditional craftsmen at home and abroad. According to Meng Wenbo, president of the app, more than 2,000 exhibitors at home and abroad have "transferred" their offline works to the app, presenting their works in a three-dimensional and diversified manner by means of pictures, videos and live broadcasts. Alexandre Turpault textiles from France, Knit Planet children’s clothing from the UK, Festka bikes from the Czech Republic… Visitors can find all of these global creative products on the platform, and place an order with a few clicks and have them delivered to their home.

"The expo used to be held offline in a relatively short period. With the digitalization of the event, the online venue has opened up more possibilities for people to browse, communicate and buy through mobile phones anytime and anywhere, creating a year-long 24-hour event," Meng added.

Cultural and creative products gain life as part of life

The online expo which enables easy purchase and delivery makes cultural and creative products more accessible. However, Meng believes that the more charming part of Hangzhou’s cultural industry lies in the fact that many designers’ creative works are based on integrating the essence of eastern traditional culture into the daily life of modern people.

Born in 1990, Liu Weixue is a paper umbrella designer who focuses on the innovation of umbrella surface. "Only by making innovations based on a full understanding of the technological core of the past system can traditional techniques be better protected and passed on." In order to make paper umbrella technology with new vitality, Liu is trying to develop different derivatives of paper umbrella.

Yao Yuting, who grew up in a silk workshop, is the inheritor of the intangible cultural heritage of Hangzhou satin (a thick, smooth and shiny silk fabric made in Hangzhou).

"I hope to make Hangzhou satin closer to life. After all, Hangzhou satin has a history of thousands of years. To better inherit and develop it, more people need to know it, understand it and feel it," she said. Thanks to her efforts, the products produced by the weaving factory now combine silk with landscapes, home decorations, architecture and other elements.

An expo of insights to power industrial growth

In 2018, the expo proposed the goal of becoming an insightful event. This not only means a display of global creative products, but also deep exchanges in the global cultural industry to push cultural and creative innovation to a new level.

The expo drew hundreds of experts and scholars from well-known universities at home and abroad such as German University of Lueneburg, British Schumacher College, Tsinghua University and Zhejiang University. Meanwhile, more than 100 well-known cultural and creative institutions at home and abroad such as Alibaba gathered to hold more than 20 professional activities such as an industry summit and the annual industry index release to jointly discuss the latest trends in the development of cultural industries.

After 14 years of development, the Hangzhou Cultural and Creative Industry Expo not only gathers creative products with traditional oriental aesthetic flavor and modern life elements, but also attracts more and more overseas established cultural and creative products to enter the Chinese market and innovate local consumption patterns. Just as Hangzhou, a traditional ancient city in the south of the Yangtze River, has become a modern smart city, the expo has never failed to display new vitality and vigor.

Image Attachments Links: 

Link: http://asianetnews.net/view-attachment?attach-id=375647 
Caption: The 14th Hangzhou Cultural and Creative Industry Expo

Link: http://asianetnews.net/view-attachment?attach-id=375656 
Caption: Visitors at the 14th Hangzhou Cultural and Creative Industry Expo

Bitauto Announces Completion of Merger

BEIJING, Nov. 6, 2020 — Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced the completion of the merger with Yiche Mergersub Limited ("Merger Sub"), a wholly owned subsidiary of Yiche Holding Limited ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of June 12, 2020 (the "Merger Agreement"), by the Company, Parent and Merger Sub. As a result of the merger, the Company became a wholly owned subsidiary of Parent and will cease to be a publicly traded company.

Pursuant to the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting on October 23, 2020, each ordinary share of the Company (each a "Share") issued and outstanding  immediately prior to the effective time of the merger (the "Effective Time") has been cancelled and ceased to exist in exchange for the right to receive US$16 in cash without interest, and each outstanding American depositary share of the Company (each, an "ADS," representing one Share) represents the right to receive US$16 in cash without interest (the "Merger Consideration"), except for (a) certain Shares (including Shares represented by ADSs) owned by affiliates of Tencent Holdings Limited, an affiliate of JD.com, Inc., and Mr. Bin Li, chairman of the board of directors of the Company, which have been cancelled in exchange for newly issued shares of Parent, (b) Shares (including Shares represented by ADSs) owned by Parent, Merger Sub, the Company or any of their respective subsidiaries, (c) Shares (including Shares represented by ADSs) held by Citibank, N.A., the ADS depositary and reserved for issuance, settlement and allocation upon exercise or vesting of Company’s options and/or restricted share unit awards, and (d) Shares held by shareholders who have validly exercised and not effectively withdrawn or lost their rights to dissent from the merger pursuant to Section 238 of the Companies Law of the Cayman Islands, which have been cancelled and ceased to exist in exchange for the right to receive the payment of fair value of those dissenting shares in accordance with Section 238 of the Companies Law of the Cayman Islands.

Each registered shareholder immediately prior to the Effective Time who are entitled to the Merger Consideration will receive from the paying agent a letter of transmittal and instructions on how to surrender their Shares in exchange for the Merger Consideration in respect of each Share held thereby, and should wait to receive the letter of transmittal before surrendering their Shares. Payment of the Merger Consideration (less an ADS cash distribution fee of US$0.05 per ADS), without interest and net of any applicable withholding taxes, will be made to holders of ADSs in respect of each ADS held thereby as soon as practicable after Citibank, N.A., the ADS depositary, receives the aggregate Merger Consideration payable to holders of ADSs from the paying agent.

The Company requested that trading of its ADSs on the New York Stock Exchange (the "NYSE") be suspended as of 9:00 a.m. (New York time) on November 5, 2020. The Company requested that the NYSE file a Form 25 with the Securities and Exchange Commission (the "SEC") notifying the SEC of the delisting of its ADSs on the NYSE and the deregistration of the Company’s registered securities. The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by promptly filing a Form 15 with the SEC. The Company’s obligation to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will cease once the deregistration becomes effective.

In connection with the merger, Duff & Phelps, LLC and Duff & Phelps Securities, LLC are serving as financial advisor to the special committee of the board of directors of the Company (the "Special Committee"). Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the Special Committee.

BofA Securities is serving as financial advisor to the investor consortium. Latham & Watkins LLP and Kirkland & Ellis are serving as U.S. legal counsel and Hong Kong legal counsel to the investor consortium, respectively.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

For more information, please visit ir.bitauto.com.

Safe Harbor Statement

This press release contains statements that express the Company’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (the "Act"). These forward-looking statements can be identified by terminology such as "if," "will," "expected" and similar statements. Forward-looking statements involve inherent risks, uncertainties and assumptions. Risks, uncertainties and assumptions include: uncertainties as to how the Company’s shareholders will vote at the meeting of shareholders; the possibility that competing offers will be made; the possibility that financing may not be available; the possibility that various closing conditions for the transaction may not be satisfied or waived; and other risks and uncertainties discussed in documents filed with the SEC by the Company, as well as the Schedule 13E-3 transaction statement and the proxy statement filed by the Company. These forward-looking statements reflect the Company’s expectations as of the date of this press release. You should not rely upon these forward-looking statements as predictions of future events. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:
Suki Li
Bitauto Holdings Limited
Phone: +86-10-6849-2145
ir@bitauto.com

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
bitauto@thefootegroup.com

Related Links :

http://ir.bitauto.com

Wondershare Recognized as an Industry Leader in the G2 Crowd Fall 2020 Reports


VANCOUVER, BC, Nov. 5, 2020 — Wondershare is proud to announce that several of its creativity and productivity software products have been recognized by the G2 Crowd Fall 2020 Reports.

Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports
Wondershare Recongized as an Industry Leader in the G2 Crowd Fall 2020 Reports

These reports rank products by customer satisfaction, market presence, seller size, and social impact. Below are the ranks awarded to Wondershare products.

  • Wondershare Filmora: Leader in Video Editing
    Wondershare Filmora has been recognized as a leader in the field of video editing, along with other well-known names such as Adobe Premiere and Final Cut Pro X. The recently launched upgrade, Wondershare Filmora X, is designed to make it easy for new content creators to drag and drop their way to extraordinary videos.
     
  • Wondershare PDFelenment: Leader in Document Generation
    Wondershare PDFelement has been recognized as a leader in Enterprise Document Creation, Graphic Design, Desktop Publishing and Document Creation. PDFelement is the easiest way to create, edit, convert, and annotate forms and documents. Designed with simplicity in mind, PDFelement gives you all the elements you need to communicate easier, faster, and better.
     
  • Wondershare FilmoraPro: High Performer in Video Editing
    Wondershare FilmoraPro has been recognized as a High Performer in video editing. FilmoraPro provides powerful functions while remaining user-friendly. Features include: unlimited tracks, preset transitions, automatic stabilization and more. It is the best choice for the professionals.

"We’re honored to receive this recognition. It means a lot to our engineers and product managers who have been dedicated to providing the best experience for our users," said Tobee Wu, CEO of Wondershare. "We look forward to enhancing the product experience even further and continuing to invest in software innovation."

Wondershare Recoverit and Wondershare Dr.Fone were also recognized as being among the Top 50 products in IT management for 2020 based on positive user feedback for the year of 2019.

For all the latest Wondershare news and updates, follow us on YouTube, Instagram, Facebook and Twitter.

About Wondershare:

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That’s why we’re trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.  

www.wondershare.com

Media Contact
Ellen Cheng
Wondershare
ellenc@wondershare.com

Related Links :

http://www.wondershare.com/

ATIF Holdings Limited Signs Strategic Collaboration with Shenzhen Dah Sing Geek Association to Facilitate Rapid Development of Geek Industry

SHENZHEN, China, Nov. 4, 2020 — ATIF Holdings Limited (Nasdaq: ATIF, the "Company"), a company providing business consulting and multimedia services in Asia and North America, today announced that through its viable interest entity, Qianhai Asia Times (Shenzhen) International Finance Services Co. Ltd., the Company signed a strategic collaboration agreement with Shenzhen Dah Sing Geek Association ("Shenzhen Geek Association") for its online financial and consulting service platform IPOEX.com ("IPOEX"), targeting at nationwide innovative technology companies in geek industry.

Based on the strategic collaboration, Shenzhen Geek Association will serve as one of IPOEX’s corporate client channels, making fullest use of its professional geek platform, deep government connections and strong industry consolidation expertise to attract innovative technology companies with high growth potential to become members of IPOEX. IPOEX will offer a variety of online and offline consulting services for its members including, but not limited to, education on global financial system, fundraising advisory, project incubation, initial public offering-related advisory, etc.

Mr. Pishan Chi, CEO of the Company commented, "We look forward to cooperating with Shenzhen Geek Association. Shenzhen Geek Association has a resourceful platform that brings together top technology experts to promote innovative technological achievements to serve the innovation and entrepreneurship development of the geek community. We believe through our strategic collaboration, we will be able to provide comprehensive financial and listing consulting services for local companies, to assist them to make debuts on global capital markets and to promote the rapid development of innovative technology companies in Shenzhen and cities across the country."

About Shenzhen Dah Sing Geek Association

Established on January 6, 2017, Shenzhen Dah Sing Geek Association ("Shenzhen Geek Association") is the first community organization in China to serve the innovation and entrepreneurship of the geek community. Shenzhen Geek Association aims to strengthen the connection between geeks and government departments and promote the development of the geek industry as its mission. Shenzhen Geek Association mainly provides services for members to understand policies, development strategies and plans of geek industry, and expresses suggestions and opinions to the government on behalf of the group. Shenzhen Geek Association also creates a high-level communication platform for members, governments, experts, scholars, and non-members to exchange information and develop strategies and plans for the geek industry.

About ATIF Holdings Limited

Headquartered in Shenzhen, China, ATIF Holdings Limited ("ATIF") is a company providing business consulting services to small and medium-sized enterprises in Asia, including going public consulting services, international business planning and consulting services, and financial media services. ATIF operates an internet-based financial consulting service platform IPOEX.com, which provides prestige membership services including online capital market information, pre-IPO education and matchmaking services between SMEs and financing institutions. ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. Through its majority-owned subsidiary, Leaping Group Co., Ltd., ATIF also provides multimedia services and is engaged in three major businesses, including multi-channel advertising, event planning and execution, film and TV program production and movie theater operations. ATIF operates the largest pre-movie advertising network in Heilongjiang Province and Liaoning Province of China and also provides advertising services in elevators and supermarkets. ATIF is often hired to plan both online and offline advertising campaigns and to produce related advertising material. In addition, ATIF invests in films and TV programs and distributes them in movie theaters or through online platforms. ATIF is also one of majority shareholders of AeroCentury Corp. (NYSE American: ACY) which is an independent global aircraft operating lessor and finance company specializing in leasing regional jet and turboprop aircraft and related engines to airlines and commercial users worldwide. For more information, please visit https://ir.atifchina.com/.

Forward-Looking Statements

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to continue to operate through our VIE structure; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; and other factors listed in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.

CompTIA Offers Australian and New Zealand Citizens Free Online Training in the Foundations of Information Communications Technology


SYDNEY, Nov. 3, 2020 — Career changers, displaced workers, students or anyone interested in learning more about the fundamentals of information communications technology (ICT) are invited to take advantage of free online training offered by the ANZ Business Technology Community of CompTIA, the leading trade association for the global technology industry and workforce.

CompTIA is offering citizens of Australia and New Zealand free training and certification exam vouchers for its CompTIA IT Fundamentals (ITF+) credential. CompTIA ITF+ is the only pre-career certification that helps people gauge their interest in ICT and whether a career in technology is right for them.

"Whether you are a student exploring career options; a displaced worker looking for a new opportunity; or simply someone who wants to expand their understanding of ICT, we invite you to take part in this unique opportunity," said Loraine Vorster, CompTIA’s vice president for business development for ANZ and Africa. 

CompTIA Authorized Partners DDLS  and Cyber Train are supporting the program with  free virtual workshops during November and December for all participants and a variety of experiences for learners who complete their CompTIA ITF+ certification.

"The building of digital skills has never been more important and there is an abundance of opportunities for those looking to take their career further within the ICT field, especially those focused in moving into a cyber security role," said Jon Lang, CEO of DDLS, the largest ICT Training company in Australia. "There is a legitimate skills gap in Australia for security professionals, and for those individuals looking to start a career in IT with the goal to become a security professional, there is no better time than now to do this."

The Australian government has estimated that more than 90% of its citizens will need to use some level of digital skills at work within the next five years.1

"Digital skills are an essence of modern workforce as they have revolutionized the way we work and communicate," said Adnan Syed, principal consultant and senior technical trainer at Cyber Train Australia. "A digital skills culture in the workplace increases business productivity, can increase revenue and allows strong customer relationships."

"Working knowledge and business use of electronic devices, networks, cybersecurity, communications systems and data analysis are essential job criteria in the technological age," Syed added. "We need to do more to make sure that digital skills gap does not become a skills crisis."

In New Zealand, the country’s diverse and advanced tech sector has experienced 12% annual growth and technology exports have reached an estimated $950 million. Some 75,000 people are employed in ICT-related roles.2

"Recognising the ever-increasing skills gap in the ICT industry, it’s more important than ever for organisations within the industry to do what they can to close that gap," said Daniel Johns, chair of the CompTIA ANZ Business Technology Community. "CompTIA is in a unique position as not only an industry advocate, but a globally recognised certification body as well. We hope the adoption of this initiative will be widely received."

"I meet so many people who are unhappy in their careers, who could be fantastic for a role in ICT, but they either don’t have the confidence or don’t know where to start," said Moheb Moses, director of Channel Dynamics and director of the CompTIA ANZ Channel Community. "This is a great program to help you learn if ICT is right for you, and provides you with a certificate at the end. And it won’t cost you a cent."

Today’s announcement expands on a program launched in October 2019 to provide students in Australia and New Zealand with free courseware materials and certification exam vouchers as a prelude to potential careers in technology.

CompTIA ITF+ allows individuals to explore the foundations of technology, allowing them to expand their knowledge of basic digital skills. For some, ITF+ can be the stepping off point towards a career in technology; for others, understanding the fundamentals of technology will serve them well in any career they choose.

Enrollees in the free program will receive a CompTIA ITF+ self-study eBook and a certification exam voucher, along with access to a virtual workshop and an ITProTV video course. To enroll in CompTIA’s ITF+ program visit https://certs.comptia.org/itfanz/.

CompTIA has awarded some 2.7 million certifications to ICT professionals in 232 countries around the world, helping them to validate their skills and advance in their careers. CompTIA also offers a full suite of official learning resources, including self-paced and live online training with an instructor. Visit CompTIA.org to learn more.

About CompTIA

The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5.2 trillion global information technology ecosystem; and the estimated 75 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world’s economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.

Contact:
Steven Ostrowski
CompTIA
+1 630-678-8468
sostrowski@comptia.org­
www.comptia.org

1 Australia’s Tech Future, Australian Government, December 2018
Information technology, Ministry of Business, Innovation & Employment, June 2020

Logo – https://techent.tv/wp-content/uploads/2020/11/comptia-offers-australian-and-new-zealand-citizens-free-online-training-in-the-foundations-of-information-communications-technology.jpg

 

Related Links :

http://www.comptia.org

Vipshop Appoints Co-Chief Technology Officer

GUANGZHOU, China, Nov. 2, 2020 — Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced the appointment of Mr. Pengjun Lu as the Co-Chief Technology Officer of Vipshop, effective immediately.

"We are delighted to have Pengjun join us as the Co-Chief Technology Officer of the Company," said Mr. Eric Shen, Chairman and Chief Executive Officer of Vipshop. "Pengjun brings with him extensive experience in big data and personalization in China’s internet industry. We believe his expertise and leadership will enable us to enhance our technological capabilities, further improving the customer experience on our platform."

Prior to joining Vipshop, Mr. Pengjun Lu served as the Chief Technology Officer of JOYY Inc. (formerly known as YY Inc.) (NASDAQ: YY) from March 2018 to September 2020, where he led the technology department and certain business units. From September 2014 to March 2018, Mr. Lu served as the general manager in charge of search advertising and the chief architect of the infrastructure team at Baidu Inc. (NASDAQ: BIDU). From July 2006 to September 2014, Mr. Lu worked at Google, most recently as a staff engineer in charge of the Shanghai advertising back-end team, and received the Google Founders Award for the QueST project. Mr. Lu received a master’s degree in computer science and technology from Fudan University, and a bachelor’s degree in computer science and technology from Wuhan University.

About Vipshop Holdings Limited

Vipshop Holdings Limited is China’s leading online discount retailer for brands. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit http://www.vip.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 Vipshop’s strategic and operational plans, contain forward-looking statements. Vipshop 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 Vipshop’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: Vipshop’s goals and strategies; Vipshop’s future business development, results of operations and financial condition; the expected growth of the online discount retail market in China; Vipshop’s ability to attract customers and brand partners and further enhance its brand recognition; Vipshop’s expectations regarding demand for and market acceptance of flash sales products and services; competition in the discount retail industry; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Vipshop’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 Vipshop does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

Related Links :

http://www.vip.com

CommsChoice expands Microsoft Teams Direct Routing to Hong Kong

SYDNEY, Nov. 2, 2020 — Leading cloud communications provider, ASX listed CommsChoice Group Limited (ASX: CCG), today announced that it has expanded its International Microsoft Teams calling platform (Direct Routing for Teams) to Hong Kong; further proof the company has the most extensive Teams calling coverage across the APAC region.

CommsChoice Worldwide Network Microsoft Teams
CommsChoice Worldwide Network Microsoft Teams

CommsChoice CEO Peter McGrath said that the company is continuing its network expansion to support multinational companies that need to access a single platform phone system throughout APAC, Europe and the Americas.

"Hong Kong’s location as the beating heart of APAC business, gives multinational companies operating from Hong Kong an important base for commercial engagement with Mainland China and neighbouring countries in North and Southeast Asia.

Having coverage in Hong Kong brings International Teams calling access to a significant number of multinational companies that operate in APAC, allowing them to have their head office and branch offices on a single UC platform regardless of their office locations."

CommsChoice can now offer Teams calling plans in over 100 countries, including China, South Korea, Philippines, Singapore, the Americas and Europe.

"CommsChoice achieves this through working with select Tier 1 partners in each region. The company provides direct in dial (DID) porting in 55 countries and now offers new DIDs in over 80 countries. This allows CommsChoice to deliver services to multinational clients on a global scale.

On the shortlist for further expansion of the CommsChoice network in APAC is Jakarta and Mumbai," concluded Mr McGrath.

Corporate & Media Enquiries:

Peter McGrath, CEO and Managing Director ph: +612 8987 0600

About CommsChoice

CommsChoice Group provides cloud communications for business. The company services SME and mid-tier corporate customers in Australia, Asia and internationally using its cloud based global business phone platform and Microsoft Teams calling/Direct routing integration combined with innovative SD-WAN technology and fibre and NBN access products.

For more information visit www.commschoice.com or follow the company on LinkedIn @CommsChoiceGroup or email us on enquiries@commschoice.com

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‘Dual circulation’: A crucial step for China’s economic development in new era

BEIJING, Oct. 30, 2020 — A news report by China.org.cn on the 5th plenary session of the 19th central committee of the CPC and China’s "dual circulation":

 

The fifth plenary session of the 19th Central Committee of the Communist Party of China (CPC) concluded on Oct. 29. The session discussed and adopted the CPC Central Committee’s proposals for the formulation of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035. The principal idea of the 14th Five-Year Plan is to foster a new, dual-circulation development architecture with the domestic circulation as the mainstay, and with domestic and international development reinforcing each other.

The world today is undergoing profound changes rarely seen in a century. The global spread of COVID-19 has brought about more uncertainties and destabilizing factors. This has sent the world economy into recession, and caused a further contraction in international trade and investment. Meanwhile, some countries are blaming globalization for such issues as the hollowing out of industries, the widening wealth gap, and increasing political tensions. China is thus facing significant external headwinds.

Since the start of reform and opening-up over four decades ago, China has risen to become the world’s second largest economy. It is currently the largest manufacturer, the largest merchandise trader, and the holder of the largest foreign exchange reserves. It also ranks second in the world for attracting foreign investment and the consumption of goods. Its contribution rate to global economic growth has exceeded 30% for several years in a row. China is marching on its journey to fully build a modern socialist country. However, it still faces unbalanced and inadequate development.

Therefore, China has been working to foster a new, dual-circulation development architecture. This aims to remove the barriers existing in domestic circulation, and further unleash the potential of domestic markets, so as to support a higher level of circulation externally. This is not a short-term response by the country to deal with the epidemic and changes in the international environment. Instead, the move reflects China’s long-term strategic countermeasures under a global perspective, and is a crucial step in China’s economic development during the new era.

With a focus on domestic circulation, the model does not in fact mean complete isolation. On the contrary, it will lead to higher levels of opening-up. The "dual circulation" strategy is not the same as an international circulation in its narrow sense regarding foreign trade, capital, and foreign direct investment. Rather, it covers finance, currency, the flow of people, the spread of technologies, the flow of information and data, climate change, environmental protection, elimination of the wealth gap, the accomplishment of U.N. sustainable development goals, etc. It is a general circulation for industrial, supply and service chains with wider scopes, expanded areas, and higher levels.

The new, dual-circulation development architecture is a roadmap for China’s long-term overall economic development. It will also become an open and inclusive global economic engine which enjoys strong vitality and bright economic prospects.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm

Dual circulation’: A crucial step for China’s economic development in new era
http://www.china.org.cn/video/2020-10/30/content_76860335.htm

 

Related Links :

http://www.china.org.cn

Color Star Technology Secures Naming Rights for Wu Muye Piano World Tour

The “Color World” Named Tour Will Kick off on November 15, 2020 in Changsha, Hunan Province

NEW YORK, Oct. 30, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: CSCW) (the "Company", or "Color Star"), a company engaged in the businesses of providing online and offline paid knowledge services for the media, entertainment and culture industries globally, today announced that it has secured the naming rights for the Wu Muye Piano World Tour, under the name "Color World – Wu Muye Piano World Tour". The "Color World" named world tour will kick off in Changsha, the Capital City of Hunan Province, China on November 15, 2020.

Wu Muye is an internationally acclaimed pianist who has won numerous awards and performed at many major festivals and concerts. In 2009, Mr. Wu received his Ph.D. degree in piano performance from National Superior Conservatory of Paris for Music and Dance ("CNSMDP") and became the first Chinese to ever receive the "Perfect Pianist" medal by the French Ministry of Culture.

Dr. Wu is also a "Star Mentor" for the Company and teaches interactive online piano lessons on the Company’s Color World App platform.

Luke Lu, Chairman and Chief Executive Officer of Color Star, commented, "We are thrilled to ink the naming rights agreement with the upcoming Wu Muye Piano World Tour, taking the collaborative partnership between Dr. Wu and Color Star to the next level. We wish the tour a big success and look forward to bringing an auditory feast for fans and followers, including many of our registered users."

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) offers online and offline paid knowledge services for media, entertainment and culture industries globally. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC. More information about the Company can be found at www.colorstarinternational.com.  

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

For more information, please contact:

Sherry Zheng
Weitian Group LLC 
Email: shunyu.zheng@weitian-ir.com  
Phone: +1-718-213-7386