Tag Archives: TRN

PR Newswire

Chinese automotive industry has overtaken to supercars

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GUANGZHOU, China, Oct. 14, 2023 /PRNewswire/ — On the evening of October 9th, China’s first supercar production line was officially put into production at Hyper in Guangzhou, and AION launched China’s first electric luxury supercar, Hyper SSR with 1.9s 0-100km/h acceleration, which is the world’s first production electric supercar with the world’s fastest acceleration. Meanwhile, we are amazing to see that we can’t see any western parts, all of parts of Hyper SSR are independently developed and manufactured in China.

China’s first supercar production line was officially put into production at Hyper in Guangzhou
China’s first supercar production line was officially put into production at Hyper in Guangzhou

Hyper has established partnerships with leading teams of China in the automotive, aerospace, aviation, high-end electronic, and cutting-edge material industries, and has created the leading Quark motor, magazine battery, long-fiber carbon ceramic brake discs, racing slick tires, and 900V silicon carbide chips, and so on. We have surpassed the West in the core technologies of electric drive and battery of NEVs.

Previously, China has not a say in automotive manufacturing, which is controlled by Europe, Japan and America. With the launch of China’s first supercar and the operation of China’s first supercar production line, we must realize that China is not only leading the market share of NEV segment, but also has owned the ability to compete with the western countries in cutting-edge manufacturing, and the era that Ferrari and Lamborghini monopolize the supercar segment has been ended by China.

Recently, Huawei launched a premium 5G smartphone, which triggered a popular discussion on whether the Chinese tech giant can break through the US blockade on chip technologies. China has demonstrated an increasing threat to the western NEV industry, it is time for the western NEV industry to get wary and take actions to follow our footprints.

PR Newswire

Harnessing AI to Find Ideal Business Partners in International Trade

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REHOBOTH BEACH, Del., Sept. 23, 2023 /PRNewswire/ — Securing trustworthy business partners in international trade has always been a challenging task, requiring years of meticulous and painstaking groundwork, careful analysis, and the courage to deal with uncertainty. This article explores how cutting-edge AI tools, such as Volza, have been innovatively tackling these persistent challenges.

Evaluating potential partners from their online presence has been a formidable hurdle. There are no foolproof methods to ensure the competency and reliability of these entities based solely on their digital footprint. Conducting in-person visits, although insightful, is both time-consuming and costly. Moreover, transactions with unfamiliar buyers could result in bad debts, while dealings with unknown suppliers might yield subpar products or even lead to a total loss of the advance payment.

These hurdles are particularly daunting for professionals in the export-import industry aiming to broaden their global trade reach. In response, an AI-Powered tool like Volza allows professionals to strategically use the power of artificial intelligence and machine learning to navigate these challenges and make informed decisions. Volza provides an extensive global trade database, including complete shipment details through bills of lading. This tool arms users with essential information about active exporters and importers, capturing years of their export-import experience, current buyers and suppliers, transaction frequency, ongoing orders, shipment volumes, pricing, consignment numbers, and an exhaustive trade history. With this wealth of data, users can confidently assess and choose suitable business partners.

Vijay Sethia, Director of Chamanlal Sethia, one of India’s foremost rice exporters, testifies to the transformative impact of these tools. According to Sethia, the introduction of trade data portals has empowered them to dramatically expand their business operations. Gone are the days of protracted struggles, with years spent on marketing, traveling, and product sampling. Today, importers and exporters can swiftly map out their market, efficiently identifying trustworthy and reliable business partners in just a matter of hours.

While other trade databases like Panjiva and ImportGenius offer similar services, they seem to cover fewer countries. A glance at the Volza website shows that it provides trade data for more than 80 countries, while Panjiva and ImportGenius support a trade base across 10 and 14 countries, respectively.

Michael Robinson, Director of Volza, emphasizes their mission to expedite the entire process of identifying suitable business partners. “We aim to make it quicker, more cost-effective, and feasible. Users can bypass years of relentless effort, elevating their businesses to new heights with confidence, and in a fraction of the traditional timeframe,” he explains.

Platforms like Volza also overcome the obstacle of procuring direct contact details for key decision-makers. Whether it’s the export head, import head, or other relevant stakeholders, Volza’s built-in function provides access to their contact information and even links to their LinkedIn profiles.

In conclusion, AI’s integration into international trade is ushering in a transformative era. Platforms like Volza are making the identification and evaluation of business partners more efficient and reliable. By offering extensive trade data and essential contact information, these platforms are setting new benchmarks in the sector. It’s clear that AI-powered trade data tools are more than clever business strategies; they are now a prerequisite for success in the globalized marketplace. As AI and Big Data technologies continue to evolve, their impact on facilitating international trade will only expand, heralding a future where global business expansion is seamless and confident.

About Volza:

Founded in 2017, Volza is dedicated to propelling global business expansion for export-import companies. Harnessing advanced analytics and dashboard tools, Volza unveils hidden opportunities and threats, empowering import-export businesses to thrive in today’s competitive market. As an industry disruptor, Volza offers access to comprehensive global trade data, facilitating confident decision-making. Discover more at https://www.volza.com/.

PR Newswire

NaaS Debuts at the 20th China-ASEAN Expo to Showcase Pioneer Services for Global Energy Market

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BEIJING, Sept. 17, 2023 /PRNewswire/ — The China-ASEAN Expo (CAEXPO) is set to make its 20th appearance from September 16 to 19, 2023 in Nanning, Guangxi, China. Themed “Work together for a Harmonious Home and a Shared Future”, CAEXPO serves as an international economic and trade event jointly confirmed by the leaders of China and ASEAN. 

NaaS Technology Inc. (NASDAQ: NAAS), a leading EV charging service provider, is poised to make its premiere at the event, and are set to showcase their innovative products and energy digitalization solutions at the expo. 

NaaS brings a broad portofolio of charing equipment especially for charging scenarios in ASEAN region, including 7kW/11kW/22kW wall-mounted AC piles, 150kW all-in-one high-protection DC fast-charging piles, 180kW/240kW high-power DC fast-charging piles, and 30kW wall-mounted DC fast-charging piles, etc., which are suitable for multiple scenarios such as home use, public station operation, high-speed service areas, fleet charging, and various destinations. 

The automatic charging robot also attracts wide attention, which is wholly designed in-house to streamline the charging process for the future EV ecosystem. Simply placing a order on mobile App would allow vehicle owners to witness the charging robot to complete automatic searching, accurate docking, automatic insertion of the charging gun, drive away and return to replenish, etc., thus effectively enhance the charging experience processes.

In the process of energy transition, the new energy industry stands as the frontier of globalization-a theme that resonates worldwide. Precedence Research’s data highlights that as of 2022, the global renewable energy market size reached USD 103.095 billion and is expected to elevate further to approximately USD 1998.03 billion by 2030.

Against this backdrop, ASEAN has also established ambitious goals for decarbonization and renewable energy development. The ASEAN Plan of Action for Energy Cooperation (APAEC) Phase 2 aims for a 23% share of renewable energy in the total primary energy supply (TPES) and a 35% share of renewable energy in the region’s installed power capacity by 2025.

The huge market potential has attracted heightened attention from an expanding array of global stakeholders, where NaaS seizes this opportunity well and makes prominent proceeds. As the first U.S. listed EV charging service company in China, NaaS provides one-stop EV charging solutions for charging station manufacturers, operators, OEMs and enterprises, supporting every stage of the station lifecycle.

According to its latest financial report, number of orders transacted through NaaS’ network reached 98.2 million in the first half of 2023, representing an increase of 110% YoY; and charging volume transacted through NaaS’ network reached 2,251 GWh, representing an increase of 112% YoY. As of June 30, 2023, more than 652,000 chargers in over 62,000 charging stations were connected and accessible on NaaS’ network. 

Recently, NaaS’ subsidiary Nengcang Technology has secured a RMB204 million energy storage order through strategic cooperation agreements with several enterprises, dedicated to improving photovoltaic-storage-charging integrated solutions. NaaS has also teamed up with Fortune 500 companies like Hyundai, PICC, CR, etc., so as to expand a broader range of business scenarios and help build ecosystem in new energy industry. The partnerships will bring out collaboration in charging infrastructure construction as well as digital and intelligent application of new energy. 

With its developed practices of energy digitalization in China, NaaS has also delivered solid movements of its internationalization layout in ASEAN and broader scope. Previously, in June, NaaS announced it had entered into a definitive agreement to acquire 89.99% of the issued and outstanding shares of Sinopower HK. On August 22nd, NaaS unveiled plans to fully acquire the Sweden-born leading EV charging solutions provider Charge Amps for SEK 724 million (USD $66.4 million), a landmark deal positioning the company to make significant strides to the global energy market, and its finale goal to become a leading player in the global new energy asset operation and management services market in the long term. 

CONTACT: Sabrina Wang, wangxuedong@newlink.com

Source: NaaS Technology Inc.

PR Newswire

Lotus Robotics Designated by Leading Automakers to License its Intelligent Driving Solutions

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NEW YORK and SINGAPORE, Sept. 10, 2023 /PRNewswire/ — Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, announced today that its intelligent driving arm, Lotus Robotics, has been designated to license several leading automakers to provide them with its intelligent driving technology and software. The announcement demonstrates the R&D prowess that is driving the growth of Lotus Tech’s technology-related revenues as the Company executes its Vision80 business transformation strategy.

Lotus Robotics has advanced software capabilities and develops key intelligent driving algorithms, as well as testing and simulation tools. Its self-developed intelligent driving systems are used in all of the Company’s luxury lifestyle electric vehicles, including Eletre, its first fully electric hyper SUV, which began deliveries globally in March this year, and Emeya, its first electric hyper-GT, which was unveiled in New York on September 7. These vehicles feature innovative technologies, such as the world’s first deployable LiDAR system, and are fully embedded with best-in-class hardware that supports end-to-end intelligent driving solutions across scenarios ranging from highway, urban, to parking, which are expected to be integrated into the vehicles as premium functions through over-the-air updates.

Mr. Qingfeng Feng, Chief Executive Officer of Lotus Tech, said, “We’re glad to see Lotus Robotics’ cutting-edge technologies being applied beyond our own luxury electric vehicles as we join our peers in advancing the development of intelligent driving solutions. These partnerships demonstrate Lotus Tech’s technology-related growth potential and further Lotus’s transformation under its Vision80 strategy into an intelligent, all-electric provider of sustainable luxury mobility ahead of its 80th anniversary in 2028.”

Lotus’s intelligent driving research and development commenced in 2018, and is committed to building the best platform for advanced intelligent driving technologies. Lotus Robotics has developed best-in-class hardware, award-winning algorithms and software, and powerful cloud solutions supported by its teams across Germany and China. Lotus Robotics has won awards in world-class competitions, including the CVPR 2023 Online HD Map Construction Challenge and the 2022 Argoverse Motion Forecasting Competition.

As announced in January 2023, Lotus Tech entered into a definitive agreement and plan of merger (the “Merger Agreement”) with L Catterton Asia Acquisition Corp (“LCAA”) (NASDAQ: LCAA), a special purpose acquisition company formed by affiliates of L Catterton, a leading global consumer-focused investment firm. The transactions contemplated by the Merger Agreement are expected to be completed later this year and would result in Lotus Tech becoming a public company with a pro forma enterprise value of approximately US$5.6 billion.

About Lotus Technology

Lotus Technology Inc., headquartered in Wuhan, China, has operations across China, the UK, and the EU. The Company is dedicated to delivering luxury lifestyle battery electric vehicles, including SUVs and sedans, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalisation and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.

About L Catterton Asia Acquisition Corp

L Catterton Asia Acquisition Corp (NASDAQ: LCAA) is a blank check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an initial target business in any industry or sector, it has focused its search on high-growth, consumer technology sectors across Asia. For more information about L Catterton Asia Acquisition Corp, please visit www.lcaac.com.

About L Catterton

L Catterton is a market-leading consumer-focused investment firm, managing approximately $34 billion of equity capital and three multi-product platforms: private equity, credit and real estate. Leveraging deep category insight, operational excellence, and a broad network of strategic relationships, L Catterton’s team of more than 200 investment and operating professionals across 17 offices partners with management teams to drive differentiated value creation across its portfolio. Founded in 1989, the firm has made over 250 investments in some of the world’s most iconic consumer brands. For more information about L Catterton, please visit lcatterton.com.

Forward-Looking Statements

This press release (the “Press Release”) contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, that are based on beliefs and assumptions and on information currently available to Lotus Tech and LCAA. All statements other than statements of historical fact contained in this Press Release are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LCAA and its management, and Lotus Tech and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of definitive agreements with respect to the proposed Business Combination between LCAA, Lotus Tech and the other parties thereto (the “Business Combination”); (2) the outcome of any legal proceedings that may be instituted against LCAA, the Combined Company or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (3) the amount of redemption requests made by LCAA public shareholders and the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of LCAA, to obtain financing to complete the Business Combination or to satisfy other conditions to closing and; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (5) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (6) the risk that the Business Combination disrupts current plans and operations of the Company as a result of the announcement and consummation of the Business Combination; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the Combined Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the Business Combination; (9) risks associated with changes in applicable laws or regulations and Lotus Tech’s international operations; (10) the possibility that Lotus Tech or the Combined Company may be adversely affected by other economic, business, and/or competitive factors; (11) Lotus Tech’s estimates of expenses and profitability; (12) Lotus Tech’s ability to maintain agreements or partnerships with its strategic partner Geely Holding and to develop new agreements or partnerships; (13) Lotus Tech’s ability to maintain relationships with its existing suppliers and strategic partners, and source new suppliers for its critical components, and to complete building out its supply chain, while effectively managing the risks due to such relationships; (14) Lotus Tech’s reliance on its partnerships with vehicle charging networks to provide charging solutions for its vehicles and its strategic partners for servicing its vehicles and their integrated software; (15) Lotus Tech’s ability to establish its brand and capture additional market share, and the risks associated with negative press or reputational harm, including from lithium-ion battery cells catching fire or venting smoke; (16) delays in the design, manufacture, launch and financing of Lotus Tech’s vehicles and Lotus Tech’s reliance on a limited number of vehicle models to generate revenues; (17) Lotus Tech’s ability to continuously and rapidly innovate, develop and market new products; (18) risks related to future market adoption of Lotus Tech’s offerings; (19) increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells or semiconductors; (20) Lotus Tech’s reliance on its partners to manufacture vehicles at a high volume, some of which have limited experience in producing electric vehicles, and on the allocation of sufficient production capacity to Lotus Tech by its partners in order for Lotus Tech to be able to increase its vehicle production capacities; (21) risks related to Lotus Tech’s distribution model; (22) the effects of competition and the high barriers to entry in the automotive industry, and the pace and depth of electric vehicle adoption generally on Lotus Tech’s future business; (23) changes in regulatory requirements, governmental incentives and fuel and energy prices; (24) the impact of the global COVID-19 pandemic on LCAA, Lotus Tech, Lotus Tech’s post business combination’s projected results of operations, financial performance or other financial metrics, or on any of the foregoing risks; and (25) other risks and uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in LCAA’s final prospectus relating to its initial public offering (File No. 333-253334) declared effective by the SEC on March 10, 2021, and other documents filed, or to be filed, with the U.S. Securities and Exchange Commission (the “SEC”) by LCAA or Lotus Tech, including the Registration/Proxy Statement (as defined below). There may be additional risks that neither LCAA nor Lotus Tech presently know or that LCAA or Lotus Tech currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

Nothing in this Press Release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved in any specified time frame, or at all, or that any of the contemplated results of such forward-looking statements will be achieved in any specified time frame, or at all. The forward-looking statements in this Press Release represent the views of LCAA and Lotus Tech as of the date they are made. While LCAA and Lotus Tech may update these forward-looking statements in the future, LCAA and Lotus Tech specifically disclaim any obligation to do so, except to the extent required by applicable law. You should not place undue reliance on forward-looking statements.

Additional Information

In connection with the proposed Business Combination, (i) Lotus Tech will file with the SEC a registration statement on Form F-4 containing a preliminary proxy statement of LCAA and a preliminary prospectus (the “Registration/Proxy Statement”), and (ii) LCAA will file a definitive proxy statement relating to the proposed Business Combination (the “Definitive Proxy Statement”) and will mail the Definitive Proxy Statement and other relevant materials to its shareholders after the Registration/Proxy Statement is declared effective. The Registration/Proxy Statement will contain important information about the proposed Business Combination and the other matters to be voted upon at a meeting of LCAA shareholders to be held to approve the proposed Business Combination. This Press Release does not contain all the information that should be considered concerning the proposed Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination.

Before making any voting or other investment decisions, securityholders of LCAA and other interested persons are advised to read, when available, the Registration/Proxy Statement and the amendments thereto and the Definitive Proxy Statement and other documents filed in connection with the proposed Business Combination, as these materials will contain important information about LCAA, Lotus Tech and the Business Combination. When available, the Definitive Proxy Statement and other relevant materials for the proposed Business Combination will be mailed to shareholders of LCAA as of a record date to be established for voting on the proposed Business Combination. Shareholders will also be able to obtain copies of the Registration/Proxy Statement, the Definitive Proxy Statement and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to: LCAA, 8 Marina View, Asia Square Tower 1, #41-03, Singapore 018960, attention: Katie Matarazzo.

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Participants in the Solicitation

LCAA and Lotus Tech, and certain of their directors and executive officers, may be deemed participants in the solicitation of proxies from LCAA’s shareholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in LCAA is set forth in LCAA’s filings with the SEC (including LCAA’s final prospectus related to its initial public offering (File No. 333-253334) declared effective by the SEC on March 10, 2021), and are available free of charge at the SEC’s web site at www.sec.gov, or by directing a request to LCAA, 8 Marina View, Asia Square Tower 1, #41-03, Singapore 018960, attention: Katie Matarazzo. Additional information regarding the interests of such participants and other persons who may, under the rules of the SEC, be deemed participants in the solicitation of the shareholders in connection with the proposed Business Combination will be contained in the Registration/Proxy Statement for the proposed Business Combination when available.

No Offer and Non-Solicitation

This Press Release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of LCAA or Lotus Tech, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.

Contact Information

For inquiries regarding Lotus Tech
Demi Zhang
ir@group-lotus.com

Brunswick Group
Lotustechmedia@brunswickgroup.com

For inquiries regarding LCAA and/or L Catterton
Julie Hamilton (U.S.)
media@lcatterton.com
+1 203 742 5185

Bob Ong / Bonnie Gan (Asia)
bob.ong@lcatterton.com / bonnie.gan@lcatterton.com 
+65 6672 7619 / +86 10 8555 1807

PR Newswire

Nippon Express (China) Named One of “Top 50 Chinese Logistics Companies” in 2023 for Seventh Consecutive Year

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TOKYO, Sept. 5, 2023 /PRNewswire/ — Nippon Express (China) Co., Ltd. (hereinafter “NX China”), a group company of NIPPON EXPRESS HOLDINGS, INC., was designated one of the “Top 50 Chinese Logistics Companies for 2023,” the only Japanese company to be so honored, at the China Logistics Situation Development Analysis Conference and Top 50 Logistics Enterprises Forum jointly hosted by the China Federation of Logistics & Purchasing and Hebei Transportation Investment Group Corporation in Wuhan, China, on August 3.

Logo: https://kyodonewsprwire.jp/img/202308298606-O1-7HuK79tp 

Image:
https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202308298606/_prw_PI2fl_7SaH3Q9O.jpg 

This event has been held annually since 2005 by the China Federation of Logistics & Purchasing to select the “Top 50 Chinese Logistics Companies” from among tens of thousands of Chinese and foreign logistics companies in China based on statistical logistics revenue data. Inclusion among the Top 50 is determined by such management benchmarks as sales, company size, growth potential and profitability. Approximately 600 logistics company representatives and experts from all over China participated in this year’s event, and NX China placed among the Top 50 for the seventh consecutive year since 2017.

The Nippon Express Group will continue helping customers develop their business activities by offering international transport services utilizing its global network and further expanding its logistics functions within China to realize its long-term vision of becoming a logistics company with a strong presence in the global market.

Nippon Express website: https://www.nipponexpress.com/ 

Nippon Express Group’s official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/ 

Source: NIPPON EXPRESS HOLDINGS, INC.

PR Newswire

High quality, free from the fear of travel test – AIMA electric vehicles from China are loved by consumers

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TIANJIN, China, Aug. 25, 2023 /PRNewswire/ — Recently, AIMA Technology, an electric two-wheeler brand from China, strengthened its global market layout. As the world’s largest electric two-wheeler production base, China’s exports of electric two-wheelers are favored by more and more consumers. As one of China’s electric two-wheeled vehicle head enterprises, AIMA electric vehicle has a good performance in different global markets such as China, North America, Europe and Southeast Asia.

The reason why AIMA electric vehicles can be loved by users around the world is inseparable from its excellent quality and excellent performance. In the electric two-wheeler industry for more than 20 years, Emma has always adhered to customer-oriented and quality first. At the production end, AIMA uses advanced intelligent technology to improve the production quality of each link. The product, from a little thing such as a screw to a whole vehicle, must go through the strict test and verification of the laboratory.

While striving for excellence and maintaining high quality, AIMA has empowered new electric vehicles such as Dollar, Mini Bear, Sweetie, Sweetie Plus through the core strength of the three-power system composed of core motor, electronic control and battery applications and innovative technology, which brings users a fast startup, sufficient power and long battery life experience.

Beginning with the needs of users, taking fashion as the base and science and technology as the principle, we continue to create a good quality vehicle with love for global users. AIMA electric vehicle is polishing the Chinese brand name card with the quality of excellence, so that more consumers fall in love with Chinese electric two-wheelers and enjoy the fun of free travel.

PR Newswire

HungryPanda Announces The First Ever International Delivery Rider Appreciation Day to Honor Delivery Heroes

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HungryPanda’s International Delivery Rider Appreciation Day to Celebrate and Honor Food Delivery Heroes

NEW YORK, Aug. 18, 2023 /PRNewswire/ — HungryPanda, the world’s leading overseas Asian food delivery platform is delighted to unveil a special addition to Chase’s Calendar of Events 2024: International Delivery Rider Appreciation Day. Marked annually on August 18th, this momentous occasion pays tribute to the hardworking and dedicated food delivery riders who tirelessly connect us with delicious meals and make our lives easier.


International Delivery Rider Appreciation Day holds great significance for both HungryPanda and its community of delivery riders. The chosen date, August 18, has been thoughtfully selected to symbolize the exceptional efforts of riders. The number combination “818” resembles the silhouette of a rider’s bicycle with bags on top, visually capturing the essence of their integral role in the food delivery process. Moreover, the phonetic similarity between the sound of “8” and “eat” fosters a delightful connection with the very essence of food, further strengthening the bond between riders and the joy of dining experiences.

HungryPanda has conceived International Delivery Rider Appreciation Day with a heartfelt mission: to recognize, respect, and reward the relentless dedication of food delivery riders. These remarkable individuals go above and beyond, braving various challenges to ensure prompt and efficient deliveries. On this special day, HungryPanda will shine a well-deserved spotlight on their extraordinary contributions. The event will feature a diverse range of initiatives aimed at honoring the dedication of delivery riders including distributing ‘Panda Care Boxes,’ setting up rider stations with fresh food and water, and introducing a new voice system in the HungryPanda app that allows riders to select a virtual companion to accompany them on future delivery journeys.

“We are incredibly proud to introduce International Delivery Rider Appreciation Day and celebrate the invaluable role our food delivery riders play in connecting communities with their favorite meals, ” said Kelu Liu, Founder and CEO of HungryPanda. “Their dedication and hard work deserve our utmost admiration and appreciation. This special day is our way of expressing gratitude and recognizing their relentless efforts in making our lives easier and more enjoyable.”

Earlier this year, HungryPanda underwent a visual rebrand, transitioning from its primary brand colors of blue and white to the highly visible combination of yellow and black. The decision was made after consulting experts and conducting a detailed study on the most prominent safety colors for transportation. The results conclusively identified yellow as the most visible color, particularly at night. By adopting this color scheme, HungryPanda aims to enhance the safety and visibility of its delivery riders, providing them with an added layer of protection while navigating the streets.

Join HungryPanda in commemorating International Delivery Rider Appreciation Day and let us collectively express deep appreciation for these remarkable individuals who enhance our lives one delivery at a time. Together, we can celebrate their dedication, recognize their invaluable contributions, and foster a culture of gratitude and support within the food delivery community.

About HungryPanda

Founded in 2017, HungryPanda is currently the largest overseas Asian food delivery platform and the only food delivery platform to rank in Deloitte’s 2021 UK Technology Fast 50. Starting in Nottingham, U.K., HungryPanda has expanded to more than 80 cities in 10 countries: the U.K., France, Italy, the U.S., Canada, Australia, New Zealand, Japan, South Korea and Singapore. Currently, HungryPanda works with over 80,000 riders, 100,000 merchants and serves over 6 million users worldwide. This year, HungryPanda sets sights on $1 billion in gross transaction volume. For more information visit www.hungrypanda.co.

PR Newswire

WashMe Holdings Revolutionizes the Car Wash Industry by Partnering Up with HokuApps and inkbyte to Build a Cutting-Edge Mobile App Which Gives Customers The Ability To Wash Their Cars At Any Partner Wash In The WashMe Network.

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WashMe Holdings is a pioneer in the car wash space, building the first nationwide car wash membership platform using a multi-branded network of independent and franchise-owned car wash locations in the United States, and soon beyond. WashMe has quickly built their “Partner Wash Network” to over 70+ locations, across 13 states, seamlessly integrating platforms with each brand and location. WashMe offers access to a wide variety of car wash types, from full-service to express, soft touch to touchless, all with one membership at one low price. This convenience at an affordable price makes the WashMe membership and Partner Wash Network, the way of the future in the car wash industry.  

FLORAHOME, Fla., Aug. 17, 2023 /PRNewswire/ — WashMe Holdings, Inc. partnered with inkbyte LLC, a full service creative agency and HokuApps, a global player in the next-generation of enterprise mobility solutions, to build and deploy a robust one stop solution that allows them to serve their customers digitally wherever they are. WashMe Holdings stands out as the first national car wash network. By using the WashMe app, customers can now have any vehicle they own, including family cars, company cars, and rental cars, washed at any Partner Wash across the country, rather than being limited to just single brand car wash. All of this is available at a single, affordable monthly fee. WashMe Holdings utilized HokuApps’ low code platform to develop a centralized booking management system that is inclusive of functions such as viewing nearby Partner Wash locations and their ratings, transaction history, referrals, membership profile and benefits, QR codes, notifications and alerts as well as providing reporting capabilities. 
 
inkbyte is a renowned full-service creative agency located in the United States that specializes in devising innovative approaches to enhance their clients’ Brand Voice. They focus is on identifying the underlying factors that motivate consumer behavior for their clients. inkbyte offers WashMe a wide range of services, such as brand identity, strategy, web design, creative design, print, and signage. 
 
By deploying this application, WashMe Holdings provides their customers with digital access to their services anytime, anywhere while also improving operational efficiency. This marks a groundbreaking development as it is the first time any organization has attempted to overcome technical challenges associated with such an implementation. As a result, a membership created at one car wash brand cannot be validated at another, causing customers to hold multiple memberships. Adding to the complexity, each car wash has a different entry mechanism, ranging from key codes to bar codes, manual entry, and NFC taps. WashMe Holdings and inkbyte teamed up with HokuApps to overcome industry challenges, enabling customers to access any car wash with a single membership, a feat never before accomplished in the industry.  

“Thanks to HokuApps’ state of the art technology, we are able to deliver innovative digital solutions to our customers, granting them quick access to car wash services right at their fingertips. We are able to work towards our goal all while retaining full control over the user experience that we wanted to create,” said Patrick Osredker & Denny Axman, Owners and Co-Founders at WashMe Holdings.

About HokuApps: 

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

About inkbyte, LLC: 

https://www.inkbytegroup.com 

PR Newswire

Announcing new leadership appointments at HH Global

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HH Global is excited to announce three significant, new leadership appointments

LONDON, Aug. 14, 2023 /PRNewswire/ — As we continue to grow and succeed as a business it is essential that our strategy and organizational design evolve to keep ahead of ever-changing and increasingly demanding client and commercial market needs.

Group President

Kristian Elgey has moved into the position of Group President. Kristian has been part of the HH Global leadership team since 2016 and has been integral in shaping and developing business advancements in his role as Group CFO. As someone with a wealth of experience, Kristian’s impact on the finance function, business growth and culture is undeniable.

Chief Operating Officer

Helen Babbe, as a valued member of the Group Management Board, has been promoted to the position of Chief Operating Officer (COO). Helen will focus on developing client-centric operations that have a consistent global approach, allowing for the biggest impact for all our partners, colleagues and clients.

Chief Financial Officer

Ben Goodband joins the business in the role of Chief Financial Officer (CFO). With an impressive history of global senior financial roles, paired with a strong background in strategic corporate leadership and investor relations— Ben will be key to driving the delivery of our shared strategic priorities as we work towards our future goals.

About HH Global

HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.

PR Newswire

The GrowHub Innovations Company and CARENESS Join Forces to Introduce Traceability Technologies to Premium Skincare Products in Asia

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SINGAPORE, Aug. 8, 2023 /PRNewswire/ — The GrowHub Innovations Company (“The GrowHub”), a leading Singapore-based technological firm specializing in transparent and sustainable supply chain management, announced a groundbreaking partnership with CARENESS, the prestigious skincare division of Koufuku Group. This strategic alliance will see the integration of The GrowHub’s cutting-edge traceability technologies into CARENESS’s premium range of skincare products. As a result, these products will be made available for consumers both online and in premium department stores in Singapore. Additionally, this partnership signifies The GrowHub’s successful entry into the Japanese market, a tightly-knitted community.

Left to Right: The GrowHub CEO Lester Chan, alongside CARENESS CEO Saori Kitamoto
Left to Right: The GrowHub CEO Lester Chan, alongside CARENESS CEO Saori Kitamoto

The collaboration between The GrowHub and CARENESS has grown significantly since last September when the two companies embarked on a joint project to penetrate new markets using GrowHub’s proprietary Web3 technology. The initial venture resulted in the successful introduction of Koufuku Group’s food products into Singapore’s market. Building upon this achievement, the newly formed agreement will further strengthen the partnership between The GrowHub and CARENESS.

CARENESS, renowned for its exceptional skincare products, has earned a reputation in Japan for its unwavering focus on production details and the highest quality ingredients. By adopting The GrowHub’s traceability technologies, CARENESS aims to provide consumers with an unprecedented level of transparency into their product qualities.

“We are honored to be working with CARENESS, and I am deeply impressed by the meticulous attention they devote to their products,” stated Lester Chan, CEO of The GrowHub. “Our technologies will empower CARENESS to showcase their exceptional product qualities to consumers, reinforcing their commitment to excellence.”

The GrowHub envisions a long-term partnership with CARENESS, fostering mutual growth and a shared dedication to sustainability and transparency in the beauty and skincare industry.

CARENESS’ CEO, Ms. Saori Kitamoto, expressed her enthusiasm for the partnership, stating. “We are excited to join forces with The GrowHub in introducing traceability technologies to our premium skincare products. This collaboration represents a significant step forward in our journey to provide consumers with the utmost confidence in our products.”

About The GrowHub Innovations Company: The GrowHub Innovations Company is a leading Singapore-based technological firm dedicated to providing cutting-edge solutions for transparent and sustainable supply chain management. As the Asia Pacific’s only Web 3-enabled plug-and-play ecosystem builder, The GrowHub focuses on traceability, data insights, and carbon credits. Leveraging blockchain technology, the company ensures full traceability throughout the supply chain, empowering businesses with data-driven insights for a more connected and responsible future.