PallyCon adds a powerful Anti-piracy solution to trace illegal content leak sources on OTT platforms

MUMBAI, INDIA, Sep 7, 2021 – (ACN Newswire) – PallyCon, a global leader in Multi DRM and content protection service provider, announced the launch of a powerful Anti-piracy solution for the OTT platforms. The solution tracks and mines illegal content leakage and sends a red alert to the source of the illicit content generator.

The Anti-piracy solution supported by forensic watermarking integration globally monitors content leakage. It issues a DMCA Takedown Notice to the pirated website before eliminating unlawful content from the site.

PallyCon's forensic watermarking integrated system intelligently crawls and detects hundreds of illicit pirated links over the internet. It takes down the same while providing customers with the choice to detect the source of piracy.

Features of powerful Anti-piracy solution –

– 24×7 Fully Automated service for monitoring
– Global Coverage (for crawling, Detection & Takedown)
– Automated and manual takedown service
– Pre-integrated with PallyCon Forensic Watermarking
– Unique identification of piracy source
– Suitable for VOD content

Expressing his views on the launch, Mr James Ahn, Founder & CEO of INKA ENTWORKS, said that producing premium content requires effort, time, and money. Illegal content copy leads to massive losses to producers and diminishes the charm of new movie releases or any creative content produced.

PallyCon can now safeguard and enable content production houses and content studios to fearlessly produce and distribute content safely by adding an anti-piracy solution to the digital arsenal.

The Anti-piracy solution is a premium addition to the suite of PallyCon content protection, warehousing and forensic watermarking technologies designed to secure and guard apps and developers against various breaches and content piracy.

Details – https://pallycon.com/anti-piracy/

About PallyCon

PallyCon is a premium content protection service by INKA ENTWORKS trusted by 200+ customers globally. With a 360-degree, cloud-based end-to-end content security for OTT platforms, such as Multi DRM, Forensic Watermarking, Visible Watermarking, Distributor Watermarking, Anti-Piracy services, App Security with Quick and Simple integration, Inka Entworks is a ONE-IN-ALL solution for OTT owners.

For more information, please contact:
Parag Manikpure
+213-550-5473
obiz@inka.co.kr

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Institutions maintain ‘buy’ rating as Yeahka (09923.HK) records fast growth

HONG KONG, Sep 2, 2021 – (ACN Newswire) – Institutions from China and abroad, including Citi, CLSA, Daiwa, China Securities, Zhongtai International and Guosheng Securities, have maintained "Buy" rating for Yeahka (09923.HK), underscoring their confidence with the prospects of the company's technology-enable business services. Yeahka, which has payment as its other major business, has achieved rapid growth in the first half of 2021, according to its interim results announced on Aug 26.

Citi views Yeahka's strategy stable fee rate and revenue sharing trend to boost merchants base "as largely in line with overall industry outlook", and believes "that continued investment to acquire traffic and investment in business (such as in-store ecommerce services) will make more meaningful contribution in the longer term leveraging Yeahka's solid execution".

A CLSA report expects Yeahka's GPV continues to increase, while the technology-enabled business achieving fast growth. "The company also started to provide in-store e-commerce services in Dec 2020, business that is upgraded from marketing services, to provide closer connection between merchants and consumers, and to create direct sales growth for merchants. Revenue was Rmb44.9m in 1H21, with the number of paid consumers more than 1.42m and GMV exceeded Rmb71.0m," the report noted. It expects the new business to "serve as a new engine for growth".

Guosheng Securities expects Yeahka's annual revenues from precision marketing, merchants SaaS product, and in-store ecommerce service to reach 2.8 billion, 4.2 billion and 7.2 billion RMB in the next three years, while net profit attributable to parent company reaching 476 million, 517 million and 1.039 billion RMB. This estimation, based on Yeahka's closing price of 27 HKD on Aug 25, gives the company PE ratio from 2021-2023 at 39, 36, and 18 times.

Guosheng sees the company benefit from acquisition of Chuangzinzhong, and efforts in online advertising service, as both agent and producer. With access to media platforms including TikTok, Toutiao, and Kuaishou, the services will promise more users to Yeahka's marketing service.

Guosheng also sees Juhuisaosao, Yuehuiquan and Haoshengyi, of Fushi, as gateways for Yeakha to introduce its other products. That will help boost the company's merchant SaaS users, as well as bringing high rise to ARPU.

"We stay confident with the long-term prospect of the company's payment and technology-enabled business services," Zhongtai International holds a similar view, noting Yeahka's businesses are closely inter-connected.

Yeahka would first boost its merchant base through payment services. As more transactions happen, Yeahka would then get deeper understanding of merchants' activities, and, through this process, accumulate a massive data of user trend. Based on data analyses, it would then offer different VAS to make monetization possible, and further expanding its business to achieve continued growth, Zhongtai further elaborates.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Over 400 Senior IT Professionals to Attend APAC’s Largest Virtual Cloud & Datacenter Summit this October

Singapore, Sep 2, 2021 – (ACN Newswire) – W.Media will be hosting our final round of regional technology summits across Asia Pacific in tandem with the 2021 W.Media Cloud & Datacenter Awards. Join globally-recognised experts and industry professionals in celebrating their outstanding technological achievements over the past year.

Attendees will get to network with hundreds of industry peers online, as well as be part of an array of keynote presentations, panel discussions, and LIVE Q&A sessions. W.Media will be joined by speakers from Huawei, PwC, Panasonic, ST Telemedia Global Data Centers, and many more to share their insights on the latest market trends, challenges, and opportunities in Southeast Asia.

This October, the Summit will be focusing on developments in 3 key markets: Singapore, Indonesia, and Thailand. The event details are:

Southeast Asia Awards Digital Summit 2021
Singapore | Indonesia | Thailand
Date: Thursday, 14th October 2021
Time: 9:25AM – 12:00PM (GMT+8)
Registration: https://w.media/sea-awards-summit-2021-day-2/

Registrations are now open! Sign up for exclusive access to the insights and discussions shaping the future of Southeast Asia's digital economy.

There are many ways to get involved with the W.Media Awards season–from nominations to digital summits to the end-of-year galas. Participation and Sponsorship slots available for each stage of the Awards season from now till December 2021.

Visit https://w.media/awards or email us at awards@w.media for more information.

About W.Media

W.Media is a global B2B technology marketing agency specialising in PR, Media, and Events. It is the anchor of the cloud, datacenter and cybersecurity communities in Asia Pacific, combining market knowledge and network to uplift brands via targeted communication. W.Media educates both industry stakeholders and the public on the latest developments in these industries through personalized engagement with the marketplace.

From its founding in 2018, W.Media began organising Cloud & Datacenter Conventions throughout the APAC region, in countries such as Vietnam, Malaysia, Indonesia, Thailand, Singapore and South Korea. In 2020, W.Media complemented its in-person events offerings by launching a series of webinars to connect top industry professionals in the three pillars driving tech today: Cloud, Cybersecurity, and Datacenters.

Beyond events, W.Media works closely with its clients to curate effective content marketing, editorial coverage, and digital advertising campaigns. This expertise and expansive regional network make W.Media a key player in Asia's Cloud and Datacenter market.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Alpha DX Advancing on its First Public-Private Partnership in Digital Learning & Education with Uzbekistan

Singapore, Sep 1, 2021 – (ACN Newswire) – Alpha DX Group Limited, ("Alpha DX", the "Company" and together with its subsidiaries, the "Group"), a premier learning and education solution company, is pleased to provide updates on the Group's first public-private partnership ("PPPs") in digital learning and education.

Previously on 26 August 2021, the Group has entered into a Memorandum of Understanding ("MOU") with the Ministry of Higher and Secondary-Specialized Education ("MHSSE") of the Republic of Uzbekistan ("Uzbekistan") that encompass various joint ventures, collaborations and key deliverables in relation to AUU. As such, the Company has announced that its subsidiary, ZioNext Pte. Ltd., will develop and implement the next generation ubiquitous learning platform for AUU.

Under the MOU, Alpha and MHSSE will also establish a joint venture with the primary purpose of establishing and managing the AUU, a next generation University that will be fully integrated with the ubiquitous learning platform developed by Alpha DX's subsidiaries.

PPPs are widespread in both developing and developed countries and governments often see PPPs as a way of improving quality, access or cost-effectiveness in their education system.

Subsequent to entry of the MOU, further discussions have been undertaken, and the joint venture is expected to be funded with USD$50 million by the joint venture partners and it will primarily be channelled towards the development and growth of AUU. Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan. The establishment of the joint venture and its terms are subject to the entry into binding agreements.

Scheduled to open in the 3rd quarter of 2022, AUU will have two campuses in Uzbekistan with the main campus located in Tashkent, the capital city of Uzbekistan, and the second campus located in Andijan, the administrative, economic, and cultural center of Andijan Region.

The Company will provide timely updates to shareholders as each contract is being finalised and executed.

With a strategic focus on integrating wide range of digital technology in education and businesses through strategic collaborations and partnerships, Alpha DX aims to transform learning and education to a fully personalised and ubiquitous learning experience for all learners across the world.

Formerly known as Alpha Energy Holdings Limited, the Group has transformed itself in January 2021 with fund raising and restructuring initiatives under the leadership of technology and financial veterans in the learning and education industry.

Alpha DX's CEO, Mr. Daiji Yamada, said, "The sheer scale to continuously improve the quality of education justifies the need for public-private partnership. Many verticals within the education industry have been disrupted by the pandemic and in fact, we are operating in a market that is growing at a dramatic rate. As such, we are well positioned to harness the opportunities with our growing track record and capabilities.

"This PPP joint venture with the Republic of Uzbekistan is a corporate milestone for Alpha DX and it fits well with our growth strategy, enabling us to further expand our technological and intellectual resources in the global digital Learning industry. We expect the joint venture to help facilitate the development of our existing pipeline of project opportunities and prospective projects for further diversification and growth."

About Alpha DX Group Limited
(Bloomberg: ALEN:SP / Reuters: ALPH.SI/ SGX Stock Code: VVL)

Listed on the Singapore Stock Exchange, Alpha DX Group Limited ("Alpha DX") is one of the region's leading learning solution companies.

Led by the veterans in Technology, Education, Corporate Training and Business consultancy in both the Board of Directors and the management team, Alpha DX provides next generation Expanded Reality (XR)* integrated solutions in learning and education market that enable our customers to create engaging, fully immersive, super enhanced learning and training experiences of the future — next generation educational Institutions, multi-dimensional learning design methodologies, digital content conversion and creation platform, ubiquitous learning super platform and systems with the relevant technologies — all under one roof.

With a strategic focus on integrating XR technologies to create a personalised and digitaly enhanced learning experience, Alpha DX aims to offer new value propositions, with its integrated ubiquitous learning solutions, to serve both today's and the future needs of diverse learners across all genders, ages, cultures and purposes.

For more information, please visit www.alpha-dx.com.sg

Issued on behalf of Alpha DX Group Limited. by 8PR Asia Pte Ltd.
Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

This press release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Genesys Bolsters Asia Pacific Presence with New Appointments to its Regional Leadership Team Amid Robust Business Momentum in the Region

SINGAPORE, Sep 1, 2021 – (ACN Newswire) – Genesys(R), a global cloud leader in customer experience orchestration, today announced the appointments of Assaf Tarnopolsky, Senior Vice President and General Manager, APAC, and Stephen Hamill, Vice President, ASEAN and South Asia, to the Asia Pacific leadership team. Gwilym Funnell, who previously led Genesys in Asia Pacific, transitions to a global appointment as Head of Strategic Growth.

Assaf Tarnopolsky, Senior Vice President and General Manager, APAC, Genesys

Stephen Hamill, Vice President, ASEAN and South Asia, Genesys

The appointments of Tarnopolsky and Hamill reaffirm the importance of Asia Pacific as a growth market for Genesys. Based in Singapore, Tarnopolsky will lead the APAC region to drive cloud business momentum which experienced strong growth in the fiscal year 2021. He brings more than 25 years of leadership experience to the role, including most recently as Director of Marketing Solutions – Southeast Asia, North Asia, Japan at LinkedIn. During his time at the company, he was a core member of the APAC leadership team and drove significant growth for LinkedIn's advertising business in Asia. His past media and technology career highlights also include serving as CEO of tech-news start-up Tecca.com, VP at Sony Pictures, and Director of International business development at mobile-media pioneer, MobiTV.

Also based in Singapore, Hamill is responsible for business strategy and sales with a focus on accelerating the growth of Genesys in ASEAN and South Asia, home to some of the world's largest and fastest growing internet companies. Hamill possesses more than two decades of expertise, having held senior leadership roles in APAC with technology firms such as Oracle and Adobe.

With customer loyalty and retention at the top of mind for organisations in APAC, customer experience (CX) has become a business imperative in the new world order. Companies now need to pivot their strategies to deliver empathetic experiences that create meaningful customer value.

"The importance of creating positive and personalised customer and employee outcomes have become non-negotiable for organisations. Contact centres of today have become 'experience centres' that are at the frontline of driving real-time proactive and predictive experiences. I look forward to being a part of Genesys at a pivotal point in its journey to assist businesses in their digital transformation journey," said Assaf Tarnopolsky, Senior Vice President and General Manager, APAC, Genesys.

This paradigm shift in favour of CX has seen Genesys conclude 1H 2021 on a robust note, with its APAC based operations contributing to the company's growth during the period. The company has major customers in the region such as IKEA, Micare, Malaysia Expatriate Talent Service Centre (MYXpats), QNET, Security Bank and Tonik.

"With organisations turning to digitalisation as a business amplifier in the post-pandemic reality, we foresee CX will be key to companies remaining relevant, especially in the fast-growing economies of ASEAN. Continuing its commitment to the region, Genesys has deeply invested in talent, resources and innovation in key Asian markets. We help organisations leverage digital platforms and cloud, and AI for serving their customers' CX needs. I am thrilled to be driving the next chapter of growth for Genesys and look forward to deepening our presence across the region," said Stephen Hamill, Vice President, ASEAN and South Asia, Genesys.

The appointments of Tarnopolsky and Hamill come on the back of Funnell transitioning to Head of Strategic Growth, based in Sydney. After his success leading the APAC business, Funnell will step into a newly created global role where he is responsible for identifying new opportunities for Genesys to expand across new market segments as well as establish strategic partnerships.

Genesys Executive Vice President for Global Sales and Field operations, ML Maco, said, "Customer experience has become a strategic differentiator as companies adopt cloud and digital technologies to meet customers' evolving expectations, especially post-pandemic. I am confident that with Genesys, they have the platform to transform a customer interaction into an empathetic customer experience. The leadership of Assaf and Stephen will help APAC businesses realise the value of the vision we call Experience as a Service."

Genesys Announces First Half Fiscal Year 2022 Cloud Business Growth: https://www.genesys.com/en-sg/company/newsroom/announcements/genesys-announces-first-half-fiscal-year-2022-cloud-business-growth

About Genesys

Every year, Genesys orchestrates more than 70 billion remarkable customer experiences for organizations in more than 100 countries. Through the power of our cloud, digital and AI technologies, organizations can realize Experience as a ServiceSM, our vision for empathetic customer experiences at scale. With Genesys, organizations have the power to deliver proactive, predictive, and hyper personalized experiences to deepen their customer connection across every marketing, sales, and service moment on any channel, while also improving employee productivity and engagement. By transforming back-office technology to a modern revenue velocity engine Genesys enables true intimacy at scale to foster customer trust and loyalty. Visit www.genesys.com/en-sg.

(C) 2021 Genesys. All rights reserved. Genesys, the Genesys logo, Genesys Cloud, Genesys Cloud CX, Genesys Engage, Genesys Multicloud CX, Genesys DX and Experience as a Service are trademarks, service marks and/or registered trademarks of Genesys. All other company names and logos may be registered trademarks or trademarks of their respective companies.

Contacts

Manali Pattnaik, Senior Public Relations Manager – APAC, Genesys
E: manali.pattnaik@genesys.com
T: +65 8321 7924

Tan Yanchang
PRecious Communications for Genesys
E: genesys@preciouscomms.com
T: +65 6303 0567

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Colt adds seven Mainland China Exchanges to its Market Data Services Portfolio

TOKYO, Aug 31, 2021 – (ACN Newswire) – Colt Technology Services today announced the expansion of its portfolio of Market Data services to incorporate Mainland China. This new and unique proposition, available in Europe, North America and Asia, make Colt the only comprehensive provider of market data coverage for stock, futures and commodity exchanges across the country.

From today, customers can access Market Data services, available directly from within Hong Kong Stock Exchange's (HKEX) colocation facility, for the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), China Financial Futures Exchange (CFFEX) and Zhengzhou Commodity Exchange (ZCE). Market Data services for the Shanghai Futures Exchange (SHFE), Dalian Commodity Exchange (DCE) and Shanghai International Energy Exchange (INE) will be added in Q3 2021.

As a licensed market data provider, Colt offers raw and normalised feeds at consistently low latencies, even during periods of volatility. Different methods of delivery are also available: customers collocated at the market venues themselves can consume data feeds directly; away consumption is also available through Colt's extensive global network and Colt PrizmNet financial extranet with deterministic latency and resilience built-in. Both guarantee efficient and reliable market data delivery.

Moreover, Colt offers a software-normalised format using a standard API that eliminates potential speed loss that arises when normalising and distributing at the source. Customers can also monitor the bandwidth utilisation (at 1s, 10ms and 1ms granularity), message rates, dropped packets, and A/B Feed latency deltas (microseconds) of its raw and normalised market data feeds through Colt's proprietary web portal.

"Colt's stable, reliable and low latency connectivity has been trusted and certified by its financial customers for over 20 years." says Masato Hoshino, Head of Asia and Representative Director & President at Colt. "The ability to subscribe to these exchange data feeds in a secure, fast and reliable manner is critical to their trading needs. We will continue to expand our Market Data coverage and low latency network, and invest in our software development, to provide more agile, flexible and secure services to our customers."

About Colt

Colt strives to transform the way the world works through the power of connectivity – taking what's always been in its DNA to enable customers' success. The Colt IQ Network connects more than 900+ data centres and over 29,000 on net buildings across Europe, Asia and North America's largest business hubs.

Colt understands today's shifting connectivity requirements and provides agile, on-demand and secure high bandwidth networking and voice solutions to ensure enterprises can thrive. Customers include data-intensive organisations spanning over 210 cities in more than 30 countries. Colt is a recognised innovator and pioneer in Software Defined Networks (SDN) and Network Function Virtualisation (NFV).

Privately owned, Colt is one of the most financially sound companies in the sector, and because of this, it's able to put its customers' needs at its core. For more information, please visit https://colt.net.

Press Contact:
Nola Pocock
+447917714377
nola.pocock@colt.net

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

iDreamSky Announces 2021 Interim Results

HONG KONG, Aug 31, 2021 – (ACN Newswire) – iDreamSky Technology Holdings Limited ("iDreamSky", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 1119.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2021 ("the Reporting Period").

During the Reporting Period, since the Group has stepwise terminated games that were no longer in line with the strategy for its gaming business, revenue decreased by approximately 14.1% to RMB1,367.1 million. Furthermore, the Group enhanced its game development capabilities and strived to improve and perfect user service management, while increasing the investment in research and development ("R&D") of offline entertainment business. R&D expenses during the Reporting Period increased by 45.4% compared to the same period of previous year. The Group recorded a net loss of RMB68.0 million (1H2020: net profit of RMB147.9 million), and an adjusted net profit of RMB14.0 million (1H2020: RMB215.4 million). The Board of Directors did not recommend the distribution of interim dividend.

Mr. Chen Xiangyu, Chairman and Executive Director of iDreamSky Technology Holdings Limited, said, "We adhered to our mission and fundamental aspiration: bring joy to users through technology and creativity, and build a '24/7 online & offline entertainment life circle'. After years of operation, we have built a user ecosystem comprising a large monthly active users ("MAU") with long lifecycles, leveraging our core capabilities and advantages, and aided by the complementary nature of our three core businesses of games, SaaS and 'WePlay' offline entertainment. We have developed a three-dimensional, multi-layer, multi-frequency and long-term interaction mode between quality contents and users, while avoiding the low MAU valuation of a single leisure category. We are confident that our MAU value will continue to increase rapidly, creating sustainable value for shareholders."

Building a "24/7 online & offline entertainment life circle" with a three-track business model

Game and information services remained the Group's major source of income and accounted for 96.9% of total revenue. The Group continued to adjust and optimize the structure of gaming business during the Reporting Period, focusing on the independent R&D and operation of match-three puzzle games and competitive games and seeking for introducing suitable overseas mid and hardcore exquisite games into China. The match-three puzzle games of "Gardenscapes" and "Homescapes" series released and distributed by iDreamSky had a bucking rising in 2021 as compared with the same period of previous year. In April 2021, the Group granted the overseas release and distribution rights of the "Witch Diaries", the first generation II match-three puzzle game self developed by the Group, to Tencent. It is expected to be launched worldwide in 2022. "Super Animal Royale", the Group's self-developed competitive mobile game which was officially launched in May 2021, acquired 3.5 million users in only 3 months after its launch and has gained a good reputation among players. "Glory All Star", the Group's self-developed ARPG product, was officially launched at Android terminals in April 2021, with its monthly revenue demonstrating a rising trend. Its iOS version was launched on 27 August 2021. The Group started a national league for its first self-developed RTS game, "Art of War III", during the year. It successfully held three tournaments in Wuhan, Xi'an and Shanghai, and received good response from players. The esports event greatly stimulated the enthusiasm of players and continuously attracted player traffic, while creating a wide variety of product topics, videos, ideas and other contents, thus bringing various benefits for the game development. During the Reporting Period, as the Group has stepwise terminated games that did not align with the strategy of its gaming business, revenue generated from game and information services business decreased by 15.5% to RMB1,324.6 million. The Group continued to actively respond to the national and policy call, establishing and maintaining a safe online game environment for minors, meanwhile continuously strengthening the protection measures for them. During the Reporting Period, the Group's revenue from minors accounted for 0.18% of its game revenue.

For SaaS and other related services, capitalizing on its mid-platform technical support capabilities accumulated over the years and continous investment, the Group recorded a segment revenue of RMB30.7 million, representing a year-on-year increase of 36.4% and accounting for 2.2% of the Group's total revenue. In May 2021, the Group reached a strategic partnership with Huawei Cloud to serve the vertical customers in depth together. During the Reporting Period, the Group has served nearly 600 business customers in the gaming and e-commerce field, with paying customers accounting for more than 50%. Its products passed the test of mlilions of data, and the gross transaction value ("GTV") increased 7 times in three months, representing an exponential growth.

For "WePlay" offline entertainment business, the Group acquired another IP license from the QQfamily in March 2021. Therefore, "WePlay" now holds two thematic brands: "Tencent Video Great Moment Voyage" and "QQfamily". In May 2021, the Group opened five regular chain stores in Guangzhou and Shenzhen, and the first QQfamily flagship store in China was opened in Shenzhen Happy Coast in July 2021. As of 30 August 2021, the Group has opened 10 "WePlay" regular chain stores, including 9 regular chain stores of Tencent Video Great Moment Voyage and 1 QQfamily flagship store. Thanks to the business model that meets the market demand, the high-quality content and IPs, and the support of customer resources, "WePlay" business has developed an obvious brand premium capacity, and become the latest pan-entertainment business modality that the shopping malls urgently need to drive the circulation of passenger flow and the growth of stay time. This has given the Group the rent bargaining power and resource access advantages to further improve the financial performance of individual stores. The Group recorded a segment revenue of RMB11.8 million, representing a year-on-year increase of 413.0%.

Actively deploying resources to embrace the sector's rapid growth

Looking forward, based on its core strategies, the Group has reserved three self-developed games in the pipeline. Testing for the two match-three puzzle games "National Customs Synthesis" and "Dumpling Synthesis" (tentative names) will begin within the year. In addition, "Garden Restaurant", the Group's jointly-released match-three puzzle game, is expected to be launched in the fourth quarter of 2021. In addition, "Eternal Return", a competitive game jointly developed by the Group, has entered the approval process of domestic version number. The game is expected to be launched in 2022. The Group has signed an Exclusive Agency Agreement with Tencent on 30 August 2021 for its self-developed FPS game "CALABIYAU", authorizing Tencent to publish the mobile and client versions of the game in Mainland China. In addition, "Black Desert", a MMORPG mobile game jointly run by Tencent and iDreamSky, will be launched nationwide in due course.

As regards the SaaS segment, the Group will invest more resources to expand its customer base and user population. Meanwhile, the Group will continue to deeply explore user needs and take long-term user operation as its ultimate goal.

Due to the unpredictable impact of pandemic on the future, the Group will adjust the 2021 target of opening "WePlay" offline stores to 20 regular chain stores. It will focus on opening new stores in Guangzhou and Shenzhen and surrounding areas this year, and is formulating plans for national expansion. The Group will continue the development of designer toy IPs, and march into the middle and upper reaches of designer toy industry by leveraging its own and its shareholders' IP resources, in order to break through the close loop of designer toy production links.

Mr. Chen Xiangyu concluded, "Looking ahead, we are determined to continuously promote the rapid development of the three core businesses, and enhance core competitiveness in a multi-pronged approach, capturing the flourishing opportunities in the fast-growing industry, thus creating long-term and stable returns for shareholders and investors."

About iDreamSky Technology Holdings Limited
iDreamSky Technology Holdings Limited (Stock code: 1119.HK) is principally engaged in the research and development and operation of online and mobile games, provision of information services, development of SaaS and other related services and offline entertainment. The Group was listed on the main board of the Hong Kong Stock Exchange in 2018 and it is the constituent stock of the MSCI China All Shares Small Cap Index. Being a leading digital entertainment platform in China, iDreamSky is committed to bringing joy to users through technology and creativity, and creating a 24/7 online & offline entertainment life circle. The Group successfully launched popular global exquisite games including "Metro Parkour", "Temple Run 2", "Gardenscapes" and "Homescapes", whilst its self-developed games including "Global Operations" and "Super Animal Royale" being well received in the market. Currently, the Group has monthly active users of 138 million and an average revenue per user of RMB38.0.

For more details, please visit https://ir.idreamsky.com/.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Parent Company of GOGOX, Asia’s Leading Intra-city Technology Logistics Platform, Formally Submits Listing Application

HONG KONG, Aug 27, 2021 – (ACN Newswire) – The parent company ("the Group") of Asia's leading technology logistics platform GOGOX submitted its listing application in Hong Kong. The Group provides intra-city logistics services to individual shippers, SMEs and international corporations. It operates two major brands, namely, GOGOX for the Hong Kong and overseas markets, where it is the largest online intra-city logistics platform in Hong Kong , and Kuaigou Dache in mainland China, which is the second largest online intra-city logistics platform in the country . The Group operates in more than 340 cities across five countries and regions in Asia, namely mainland China, Hong Kong, Singapore, Korea and India.

The Group disrupts the traditional logistics industry with innovative technologies and is committed to providing technology-powered and user-centric logistics solutions, and promoting industry transparency, trust and efficiency. As of April 30, 2021, its logistics platform has approximately 24.8 million registered shippers and 4.5 million registered drivers. From January 1, 2018 to April 30, 2021, the Gross Transaction Value (GTV) of the platform reached RMB 10.2 billion, with more than 100 million shipment orders completed.

Over the years, the Group's business has grown at a healthy and steady pace. In the first four months of 2020 and 2021, the GTV of the Group increased from RMB618.4 million to RMB798.6 million, representing a year-on-year growth of 29.2%, and revenue also notably increased from RMB128.2 million to RMB193.4 million, a year-on-year growth of 50.9%. During the same time period, the Group's gross profit reached RMB 68.6 million, an increase of 111.2%, from RMB 32.5 million during the same period last year, while its gross profit margin increased from 25.3% to 35.5%. According to the listing application documents, the Group is backed by a strong portfolio of major shareholders, including Alibaba, Cainiao, Taobao China, 58.com, 58 Home, Cyberport Macro Fund and Qianhai Equity Investment.

The Group provides freight services with innovative and data-driven technologies to individual customers, SMEs and international corporations. As of April 30, 2021, the Group had cumulatively served more than 33,000 SMEs and large enterprises via its enterprise services, including supermarkets, restaurants, building materials suppliers, furniture retailers, community group purchasing platforms, e-commerce platforms and government organisations, with enterprise services accounting for 57.8% of its total revenue.

The Group aims to become a one-stop logistics platform. Its asset-light business model is highly scalable and enables the Group to establish businesses and expand in markets in a cost-efficient manner. According to a Frost & Sullivan Report, the online logistics platform penetration rate in Asia increased from 0.21% in 2016 to 2.02% in 2020, and is expected to grow to 14.3% in 2025. Driven by continued urbanisation, e-commerce growth and new retail development, the Group will strategically deploy marketing efforts to aid customers to seize opportunities that facilitate sustainable growth. Moreover, the Group will explore other potential markets in the Asia-Pacific region through strategic partnerships, investments and acquisitions, as well as continue to introduce new services and products, including warehousing, inventory management, e-commerce integration, order management, picking and packing, cross-border shipping services, etc. Lastly, the Group intends to further expand its business ecosystem by introducing additional third-party service providers, such as automobile manufacturers and dealers and fuel station operators to accelerate the flywheel effect so as to capture the tremendous opportunities found in the intra-city logistics market.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Lvji Technology Announces 2021 Interim Results

HONG KONG, Aug 27, 2021 – (ACN Newswire) – China's leading online tour guide provider Lvji Technology Holding Inc. ("Lvji Technology" or the "Company", together with its subsidiaries, the "Group", stock code: 1745.HK) is pleased to announce its consolidated results for the six months ended 30 June 2021 (the "Period").

Since March 2021, the tourism market has recovered, which led to a rapid recovery in travel demand of consumers and resulting in a steady growth in the Group's business. In the first half of 2021, the total revenue of the Group increased by approximately 118.1% to RMB175.1 million, and the revenue level has almost resumed to that before the outbreak of the epidemic. Gross profit increased significantly to RMB48.8 million, with a gross profit margin of 27.9% compared to 4.6% for the same period of 2020. The substantial increase in gross profit margin was mainly due to the steady growth of revenue during the Period and the accelerated recovery of the tourism market. Lvji Technology has achieved a turnaround from loss to profit during the Period, with a profit for the period about RMB 880,000, compared with a loss of about RMB 80.0 million in the same period in 2020.

Lvji Technology continues to consolidate its leading position of online tour guides, actively capture the opportunities brought by the recovery and flexibly respond to changes in market demand. Under the normalization of epidemic prevention and control, short-distance travel and peripheral tours have become increasingly popular among tourists. Therefore, the Company strategically increased the online tour guide coverage of tourist attractions on the outskirts of cities to enhance its adaptability to market changes. At the same time, the Company has upgraded and optimized the content of online tour guides for popular tourist attractions, including improving the accuracy of the tour guides, optimizing the mapping processes and upgrading the explanations to provide consumers with a better experience and meet the diversified travel demands of tourists. As of June 30, 2021, the Group had developed 30,464 online tour guides, 8,240 more than in 2020 over the same period, covering tourist attractions in China and overseas, which covered 288 AAAAA tourist attractions, 2,476 AAAA tourist attractions, 1,851 AAA tourist attractions in China.

Reduced cost and increased efficiency with intelligent technology and continuously upgraded of smart services
During the Period, in relation to the SaaS business, Lvji Technology developed and iteratively launched a product named "Digital View Pass" with smart management, smart marketing and smart service as the core, offering digital marketing solutions for tourist attractions. By constructing smart mini programs, digital marketing system, smart tourist attractions system and private Internet traffic system, the digital marketing system and delicacy operation system were constructed in tourist attractions and informationalized resources were integrated to meet the digital upgrading demand of various tourist attractions and the culture and tourism bureaus, so as to achieve new business growth in tourist attractions and enhance the operational and management efficiency of tourist attractions. In addition, "Digital View Pass" can effectively enhance the efficiency of our customized content business such as the development efficiency of the "Mobile Tour" project and reduce the development costs.

The Company upgraded the smart tourist attractions management service system to assist management departments of the government in efficient management and reasonable deployment of local tourism resources in the form of big data center, command center, Internet portal, etc. For example, in the tourist attractions operation service, the system can perform passenger flow monitoring, heat map analysis, smart terminal management, artificial intelligence learning, which could analyze tourists' consumption habits and provide data reference for the management of tourist attractions resulting in the digital upgrading of tourist attractions. During the Reporting Period, the Company successfully delivered several key projects of smart tourist attractions management service system. The revenue from sale of customized content increased by approximately 174.2% from approximately RMB1.6 million for the six months ended June 30, 2020 to approximately RMB4.3 million for the six months ended June 30, 2021.

Actively expanding our scenario-based marketing to acquire diversified user traffic
In addition to strengthening the mutually beneficial cooperation with OTAs, Lvji Technology is actively expanding its scenario-based marketing to acquire diversified sources of user traffic. The Company had placed shared family bicycles in over 40 tourist attractions, where tourists can scan the QR code on the bicycle to get an online tour guide of the tourist attractions while exploring the tourist attractions on them, satisfying the needs of parent-child trips and listening to the online tour guide, and enhancing the travel experience of tourists. In addition, for the young people, especially the Generation Z, who like to experience the combination of games and travel, the Company has also introduced tourism product called "Lvji Live Acting Role Playing Game" to tourist attractions, using scenes of tourist attractions and the cultural stories behind them, combined with the tour guide, to create tailor-made scripts with the characteristics of the tourist attractions. Through a plot of drama that tourists can participate in and perform, the Company brings tourists an immersive tourism experience, enhance the sense of interaction between tourists and tourists' attractions as well as the fun of playing, and satisfy the social needs and novelty experience of young people, thus helping tourist attractions to gain more offline users. The Company is also actively expanding business into other smart terminals. During the Reporting Period, the Company became the first batch of content eco-partner of HUAWEI HarmonyOS and launched a version adapted to HUAWEI's smartwatch to satisfy users with high-quality products that seamlessly switch under different scenarios and cover more usage channels.

Mr. Zang Weizhong, Executive Director, Chairman of the Board, Chief Executive Officer and Founder of Lvji Technology said, " Lvji Technology is well positioned to embrace the recovery of the tourism industry, respond flexibly to market changes and capture the opportunities of smart tourism popularization. We will continue to focus on our core strategies and maintain our leading position in the online tour guide market by leveraging our enterprise positioning of "China's leading culture and tourism industry chain service platform", and we are confident in seizing the recovery opportunities and leading the development of the online tour guide industry.

In the long run, we believe that with the further increase in the support for "Internet + Tourism" in China and the advocation of the government to develop high-quality development of tourism with the help of technological innovation, it is expected that the online penetration of online tourism products will increase continuously, and the digital development of China's tourism will accelerate and generate considerable potential for growth. In the future, we will flexibly adjust and continuously optimize the coverage of online tour guide products according to the market demand; strengthen the innovation as well as R&D capability, continuously improve the products and services such as "Digital View Pass" to meet the demand of digital upgrading of tourist attractions. We will strive to build an industry chain of culture and tourism service platform to continue to strengthen our leading market position."

About Lvji Technology Holdings Inc.

Lvji Technology Holding Inc. is China's leading online tour guide provider. Established in December 2013, Lvji Technology bases on two core strategies of scenic guides and smart tourism and focuses on the development of all-round tour guide and smart tourism-related supporting services. According to F&S, Lvji technology is an online tour guide provider with an 86.2% market share in the online tour guide service market in terms of GMV in 2018. As of June 30 2021, the Company developed a total of 30,464 online tour guides in China and overseas, which covered 288 AAAAA tourist attractions, 2,476 AAAA tourist attractions, 1,851 AAA tourist attractions.

This press release is issued by Porda Havas International Finance Communications Group for and on behalf of Lvji Technology Holdings Inc.. For further information, please contact:

Porda Havas International Finance Communications Group

Kelly Fung +852 3150 6763 kelly.fung@pordahavas.com
Ivy Lu +86 21 3397 8878 ivy.lu@pordahavas.com
Louise Liu +86 21 3397 8796 louise.liu@pordahavas.com
Jessika Wong +852 3150 6720 jessika.wong@pordahavas.com
Fax: +852 3150 6728

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Yeahka Announces 2021 Interim Results

HONG KONG, Aug 26, 2021 – (ACN Newswire) – Yeahka Limited ("Yeahka" or the "Company") (Stock Code: 9923), a leading payment-based technology platform in China, is pleased to announce the interim results for the six months ended 30 June 2021 (the "Reporting Period" or the "first half").

Financial Highlights
— During the Reporting Period, the Company's total revenue reached RMB1,402 million, representing a YoY increase of 30.2%. Revenue from technology-enabled business services increased rapidly by 86.6% to RMB358 million.
— The Company recorded net profit of RMB291 million, growing 30.7% YoY; adjusted net profit grew 142.2% YoY to RMB318 million. Earnings per share was RMB 0.71.
— Revenue of the Company's SaaS digital solutions was nearly RMB27.34 million, an increase of 134.3% YoY.
— Revenue from fintech services amounted to RMB42.72 million, representing a YoY increase of 18.7%. The total amount of loans that the Company facilitated was approximately RMB537.3 million, with a weighted average tenure of 10.2 months.
— Precision marketing services revenue was RMB240 million, an increase of nearly 68.5% YoY.
— The newly launched in-store e-commerce service recorded revenue of RMB44.95 million.

Operational Highlights
— The total gross payment volume ("GPV") of the payment services has recorded significant growth and exceeded RMB990.4 billion, up 56.1% YoY. Of which, app-based payment services GPV increased by 72.9% YoY, accounting for 61.8% of total GPV, up from 55.8% in the same period of last year. The peak daily count of QR code payment transactions was nearly 42 million.
— The scale of merchants and consumers traffic within the Company's ecosystem has continuously fueled the rapid growth of technology-enabled business services. The number of technology-enabled business service customers reached 1.69 million representing a YoY increase of 188.9% in the first half of 2021.
— For the newly established in-store e-commerce platform, the number of paid consumers was more than 1.42 million and the gross merchandise value ("GMV") from the platform exceeded RMB71 million.

Mr. Luke Liu, Chairman of the Board, Chief Executive Officer and Executive Director of the Company, said, "The recovery of China's real economy in the first half of 2021 has provided Yeahka a perfect opportunity to expand its business from payments to digital technology-enabled services. With that we continued to innovate and meet the diverse needs of merchants and consumers. Regarding the merchant ecosystem, the number of active payment service merchants increased 30.6% year-on-year ("YoY") to approximately 6.13 million. For the consumer ecosystem, by focusing on small and high-frequency purchases for offline payment services case scenarios, the number of consumers reached via our merchant ecosystem grew by 67.2% YoY to 822.4 million. Through the continuous innovation of our mobile payment and technology-enabled business services, we cater to the needs of merchants and consumers alike. On commercial digitalization, we focus on improving the operating efficiency for our merchants. To achieve this, we continued to optimize and upgrade our self-developed SaaS digital solutions through deployment of a series of upgrade modules which help enhance the stores' economics. Moreover, on top of helping merchants improve their brand awareness through our marketing services, we are also dedicated to improving merchants' sales directly. In achieving this, we launched the in-store e-commerce service, where merchants can now easily create various forms of promotions to connect millions of consumers through our online and offline sales network.

Mr. Liu continued, "Technology-enabled services continued to grow rapidly, the number of technology-enabled business service customers surged 189% YoY, and its gross profit contribution also increased significantly to 43.5%, from 34.9% in the same period last year. The Company's growth of payment traffic has significantly accelerated in the first half of the year through building a diversified channel system and attractive fee rate policies, which support business enablement, consumer insights and outreach. With our full confidence in the Company's growth strategy and focus to incentivize our core talent, the Company recently announced a share purchase program of up to a total of US$100 million. The repurchased shares will be used for the issuance of restricted shares to outstanding employees.

Outlook
We are committed to establishing a commercial digitalized ecosystem with strong self-reinforcing network effect. Based on its favorable initiatives for different brands, merchants, consumers, marketing personnel, advertisers and other participants, the Company conducts cross-selling for participants across its entire ecosystem to maximize monetization and facilitate the growth and success of the digital economy.

In the future, the Company will continue to explore the value of traffic and data derived from payments, led by its experienced production and research team in order to extend the boundaries of its business and promote technology innovation and digital solutions among merchants and consumers. The Company will also strive to become an integrated internet service provider and create sustainable long-term value for shareholders, employees and society.

About YEAHKA LIMITED (Stock Code: 9923.HK)
Yeahka is a leading payment-based technology platform dedicated to creating value for merchants and consumers. The Company was listed on The Stock Exchange of Hong Kong Limited under stock code 09923.HK. The Company's vision is to build a commercial digitalized ecosystem to enable seamless, convenient and reliable payment transactions among merchants and consumers, and to further provide a rich portfolio of diversified technology-enabled business services, including (i) SaaS digital solutions, which help customers improve their operating efficiency; (ii) precision marketing services, which allow customers to effectively reach their target markets; (iii) fintech services, which satisfy customers' diversified financing needs; and (iv) in-store e-commerce services, which help merchants to increase sales and consumers to enjoy local lifestyle discount benefits.

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