Retention Cloud Leader CleverTap Acquires Leanplum

MOUNTAIN VIEW, Calif. and MUMBAI, India, May 19, 2022 – (ACN Newswire) – CleverTap, the world's No.1 retention cloud, today announced it has signed definitive agreements to fully acquire San Francisco based Leanplum, a leading multi-channel customer engagement platform, for an undisclosed amount.

This acquisition will make CleverTap a truly global company with development centers and customer-facing and success teams across North America, Europe, Latin America, India, South East Asia and the Middle East. Combining the product stack of the two organizations, this acquisition will enhance CleverTap's capabilities and take its total customer base to over 1200 customers in more than 100 countries around the world. The deal is expected to close in Q2 of 2022.

Together CleverTap and Leanplum will work with digital brands to help increase their users' engagement, retention and lifetime value by making every user experience hyper-personalized, relevant and contextual at scale in real time. As more businesses become digital-first, brands need to serve their users with delightful moments where they are, when they want and on their preferred channel. CleverTap and Leanplum will now bring real-time hyper-personalization, A/B testing and increased scalability to its omnichannel engagement, analytics and segmentation product lines. As a result, growth and marketing teams globally will now be able to utilize the only end-to-end user engagement and retention cloud platform, enabling them to break down user communication silos and increase the overall lifetime value of each user.

"We are seeing a seismic shift in the marketing technology landscape," says Sunil Thomas, CleverTap Co-founder and Executive Chairman. "Users today demand to be treated as individuals, and this has forced brands to change how they engage with them. CleverTap and Leanplum have both purposely built for a mobile-centric omnichannel world." The acquisition, he says, combines platforms and teams to deliver the best behavior analytics, segmentation, and engagement tools that will enable digital brands to build valuable, long-term relationships with their users. "Our combined strength will be a game-changing force for user engagement, retention and monetization, creating tremendous value for our customers. I am very excited to welcome Leanplum to the CleverTap family."

"When we started Leanplum, our vision was to meet customers' real-time needs at the cutting edge of technology," says Momchil Kyurkchiev, Co-founder and Chief Product Officer, Leanplum. "We have succeeded in that, but as the market has matured, to fully meet the increasing demands put on brands today, we needed to bring in the best analytics, segmentation, and engagement tools, to help our customers build valuable, long-term relationships with their customers. This is why joining forces with CleverTap makes the most sense, and I am excited about the combined capabilities we will now bring to Leanplum customers worldwide."

"I am looking forward to the journey with Leanplum. This coming together with Leanplum marks a monumental moment across the marketing technology landscape," says Sidharth Malik, CleverTap Chief Executive Officer. "This bridges the gap created by multiple martech tools and customer data platforms and will meet the growing needs of user-obsessed digital brands in a much more efficient way. Our 'better together' vision is about integrating our cumulative strengths around people, process and technology to cement our position as the global leader in the user engagement and retention space. Joining forces allows us to bring advanced product and technology capabilities as brands strive to do live segmentation, anticipate user intentions and actions, automate and deploy real-time campaigns for the highest possible conversions, all from one single dashboard."

Image: Sunil Thomas, CleverTap Co-founder and Executive Chairman
https://www.acnnewswire.com/docs/Multimedia/Low_CleverTap2022519.jpg

About CleverTap

CleverTap is the modern, integrated, retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML-powered insights and automation. Customers worldwide representing over 10,000 apps, including Vodafone Idea, SonyLIV, Daimler, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue. Backed by leading venture capital firms, including Sequoia India, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

Media Contact:
Sony Shetty
CleverTap
sony@clevertap.com

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Society Pass Inc (Nasdaq: SOPA) Reports 1Q 2022 Financial Results, Sees 4,582% Year on Year Revenue Growth and Cash on Hand Growth of 33% from year 2021

SINGAPORE, May 12, 2022 – (ACN Newswire) – Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's leading loyalty and ecommerce ecosystem, announced that first quarter 2022 revenues grew 4,582% year on year (from $9,506 for first quarter ended 31 March 2021 to $445,090 for first quarter ended 31 March 2022). The Company also reported cash on hand grew over 33% from $23.3 million on 31 December 2021 to $31.0 million on 31 March 2022.

With the closed acquisitions of the Pushkart and Handycart business units, SoPa has amassed over 1.6 million registered consumers and 5,500 registered merchants/brands onto its ever expanding ecosystem.

Society Pass expects to file its 1Q 2022 Form 10-Q with the Securities and Exchange Commission later this month. During the first quarter 2022, the Company completed the corporate restructuring of its subsidiary Leflair's Vietnam operations into Leflair Group, an integrated lifestyle retail ecosystem to capture Southeast Asia's fast growing 100B+ USD retail market, as well as the integration of its recent food and beverage delivery acquisitions, Pushkart and Handycart, onto the SoPa ecosystem.

Commenting on Society Pass' strong business growth and future plans, Dennis Nguyen, Founder, Chairman and CEO of Society Pass said, "Our robust revenue growth validates our acquisitions focused operating model. Leflair continues to be our main revenue contributor as we gear up our latest acquisitions Pushkart and Handycart to become leaders their respective markets. As a result of our corporate restructuring process, Leflair Group is now set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem. We are poised to achieve new highs in 2022 as we build out our next generation loyalty platform as well as opportunistically acquire market leading companies in the food & beverage delivery, travel, digital advertising and telecoms verticals."

The Company plans to launch Society Pass loyalty platform in 2Q 2022, which it expects to drive customer retention for merchants. In addition, SoPa plans to make additional acquisitions in 2Q 2022 that will generate increased revenues and optimise cost efficiencies as part of the expanding SoPa ecosystem.

Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA's growing demand for better and more convenient online services.

About Society Pass

As a loyalty and data marketing ecosystem, Society Pass operates multiple e-commerce platforms across its key markets in SEA. Its business model focuses on collecting user data through the expected launch of its Society Pass loyalty platform and circulation of its universal loyalty points, which seamlessly connects consumers and merchants across multiple product and service categories to foster organic loyalty. Since its inception, SoPa has amassed over 1.6 million registered consumers and over 5,500 registered merchants/brands on its platform. It has invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its consumers, merchants, and acquisitions.

Society Pass provides merchants with #HOTTAB Biz and #HOTTAB POS – a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user profile analytics, and convenient financial support packages for small and medium-sized enterprises.

In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, and Handycart.vn, a leading online restaurant delivery service based in Hanoi, Vietnam. For more information, please check out: http://thesocietypass.com/.

Forward Looking Statements

The information contained herein may contain "forward-looking statements." Forward-looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this press release relating to the view of management of the Company concerning its business strategy, future operating results and liquidity and capital resources outlook. Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The Company's actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Factors or events that could cause the Company's actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap Appoints Honey Bajaj as SVP & Global Chief of Consumer Experience

MOUNTAIN VIEW, Calif. and MUMBAI, India, May 5, 2022 – (ACN Newswire) – CleverTap, the world's leading retention cloud, today added to its core leadership team with the appointment of Honey Bajaj as SVP & Global Chief of Consumer Experience. In this position, Bajaj will pioneer CleverTap's extensive program to help companies reimagine customer experience and realize the "Art of Possible".


CleverTap Appoints Honey Bajaj as SVP & Global Chief of Consumer Experience


Bajaj is a design strategist, an innovation leader and a social entrepreneur with extensive work in India and the U.S. Her ability to problem solve and identify patterns in human behavior has earned her multiple prestigious awards and recognition as an Innovation Global Shaper and Inventor of the Year (2016). She is also a dual degree holder with a Master's Degree in Engineering and Management and a Master's in Sustainability Studies from the Massachusetts Institute of Technology. She is currently pursuing her Ph.D. in Design and Innovation Methodologies in the Digital World.

Before joining the CleverTap Leadership Team, Honey built an innovation pipeline for several Fortune 500 companies, including Boston Consulting Group Digital Ventures, Disney, Microsoft Research, MIT Media Lab and Tata Group, one of India's largest and highly profitable conglomerates. There she developed detailed market segmentation frameworks based on purchase behavior to orchestrate product launches and go-to-market strategies.

Bajaj has also dedicated her talent in designing for scale and impact to serving the needs of government bodies, financial institutions and healthcare organizations. Her work, which spans over a decade, has impacted over 50 million lives.

"As we scale CleverTap into a global category creator for "Retention Cloud", we realize that our customers are eager to co-create experiences that will fuel growth and the future of their own digital businesses. For this reason, we are expanding our leadership team with a new appointment that benefits the most important stakeholder: our customers' customers," Vikrant Chowdhary, CleverTap Chief Growth Officer, explains.

"From fintech to ecommerce, and from on-demand Super Apps to media and streaming services, companies need the inspiration and tangible examples of the "Art of Possible" to unleash human-centered design thinking, unlock new perspectives and drive powerful momentum and positive results for all stakeholders." This outcome, he continues, is "inextricably linked with our customers' abilities to realize and hyper-personalize omnichannel journeys for their customers."

"I have always focused on designing for impact and inventing for scale by contextualizing tech for the consumers. The truth is, no matter what we think we're doing, we are all in the customer-experience business. Before you can accomplish it, you need to envision it. The digital behavior and expectations of customers is evolving faster than most industries are able to deliver. I am looking forward to my journey with CleverTap to embed human-centered principles and design thinking into a series of initiatives and programs," Honey Bajaj says. "These efforts will allow digital-first companies to co-create and simulate digital journeys that will fuel growth through superior customer experience and will enable CleverTap's customers to realize their consumer journeys in a more seamless and contextual manner as the lines of the digital and omnichannel world are no longer separated."

About CleverTap

CleverTap is a modern, integrated Retention Cloud that empowers digital consumer brands to increase customer retention and lifetime value. For brands that understand and value user retention, CleverTap drives context and individualization with the help of a unified and deep data layer, AI/ML-powered insights & automation. Customers worldwide representing over 10,000 apps, including Vodafone Idea, SonyLIV, Daimler, Gojek, Carousell, and Premier League, trust CleverTap to achieve their retention and engagement goals, growing their long term revenue.

CleverTap is backed by leading venture capital firms, including Sequoia India, Tiger Global Management, and Accel. The company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, and Dubai. For more information, visit clevertap.com or follow us on LinkedIn and Twitter.

Media Contact:
Sony Shetty
PR Director
CleverTap
sony@clevertap.com

Forward-Looking Statements
Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could amount in the actual result being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC: 93% of international buyers used online sourcing platforms during pandemic

HONG KONG, Apr 20, 2022 – (ACN Newswire) – The COVID-19 pandemic has caused significant disruption to global sourcing patterns. According to a new survey commissioned by Hong Kong Trade Development Council (HKTDC) Research, the vast majority of international buyers (93%) have used online sourcing platforms since the pandemic began, with more than 85% attending virtual fairs to meet their sourcing needs. However, most buyers surveyed said they would prefer to source via physical fairs (63%) or hybrid fairs (59%) once travel restrictions are lifted.


HKTDC Director of Research Irina Fan said physical fairs and hybrid fairs are the future as the two formats can complement each other.


HKTDC's Irina Fan – hybrid and physical fairs are complementary

Commenting on the findings of the survey, HKTDC Director of Research Irina Fan said: "The survey reflects that more buyers have been choosing to purchase online due to the pandemic. However, this makes it difficult to perform tasks such as product examination and evaluation as well as supplier authentication. We believe that physical fairs and hybrid fairs are the future, with the two complementing each other."

The HKTDC commissioned independent research institution Ipsos to conduct the study, titled "B2B Online Sourcing: A Buyer Behaviour Study Towards Recovery", between May and October 2021, interviewing about 600 international buyers from Association of Southeast Asian Nations (ASEAN) countries, Australia, Europe, Mainland China and the United States to gauge their views on international sourcing patterns following the onset of the pandemic.

According to the survey, 93% of respondents said they had used online sourcing platforms during the past 12 months where they conducted more than 60% of their sourcing on average; 43% said they had engaged more suppliers than they did prior to the pandemic using online sourcing platforms; 46% said they had sourced a wider variety of products; 42% said they had sourced more frequently; and 44% said the average value per order had increased.

Top three reasons to use online sourcing platforms

Ms Fan said that there are three top reasons for buyers to use online sourcing platforms, namely, to search for new suppliers and make enquiries (70%), to compare products and prices (66%), and to identify the latest product trends (57%). "In the wake of the pandemic, many industries are committed to organising virtual fairs to strengthen the connection between international buyers and suppliers. These events have been well received by the industry, with the survey showing that more than 85% of buyers surveyed had participated in virtual fairs in 2021."

In addition, buyers rated the overall effectiveness of online sourcing through web platforms, websites, mobile apps and virtual meetings at an average of 7.4 out of 10, seeing them as fairly effective overall. When asked about the main pain points associated with using online sourcing platforms, 61% of respondents said it was the inability to examine products physically, while other major barriers were the risk of fraud (56%), insufficient product details and images (54%), unresponsive suppliers (49%) and uncertified products (49%).

Can virtual fairs supersede physical fairs?

Regarding future sourcing preferences, 63% of buyers responding in the survey said they would prefer to source via physical fairs while 59% of buyers would prefer hybrid fairs once travel restrictions are lifted. Among the buyers surveyed, those from Mainland China and ASEAN countries expressed most enthusiasm for hybrid fairs, followed by buyers from Europe, the United States and Australia.

Ms Fan pointed out that while international buyers have accepted virtual fairs out of necessity, and reduced travel costs and other expenses associated with attending physical fairs, the general consensus remains that virtual fairs will not supersede physical fairs. Physical and virtual fairs both have their own merits, and hybrid fairs that combine the two formats will continue to be another choice for international buyers.

The survey also showed that buyers who prefer hybrid fairs were more likely to register a higher average spend per order (in the range of US$50,000-$100,000+) compared with counterparts who prefer physical or virtual fairs. This suggests that hybrid fairs could be well positioned to facilitate more lucrative business opportunities.

Ms Fan added that the key digital features buyers would like to see at hybrid fairs include the ability to easily search and acquire exhibitor information, scheduling meetings with exhibitors before, during and after the physical tradeshow, and having access to useful communication tools such as instant messaging, file sharing and business card sharing. Other services such as seminar livestreaming and recordings, virtual meetings, and artificial intelligence-enabled exhibitor as well as product recommendations were also sought-after features of great benefit to buyers and exhibitors alike.

Main survey findings

– Buyers who used online sourcing platforms in the past 12 months
Yes 93%
No 7%

– Buyers who joined virtual fairs in the past 12 months
Yes 85.5%
No 14.5%

– Buyers' sourcing preferences in post-COVID-19 era
Physical fairs 63%
Hybrid fairs 59%
Virtual fairs 37%
Online sourcing platforms 21%

– Change in sourcing behaviours due to COVID-19*
Variety of products sourced | Number of suppliers engaged | Sourcing frequency | Average value per order
Increased 46% | 43% | 42% | 44%
Remained unchanged 38% | 31% | 30% | 33%
Decreased 15% | 26% | 27% | 24%

– Top 3 reasons to use online sourcing platforms
Search for new suppliers and make enquiries 70%
Compare products and prices 66%
Identify the latest product trends 57%

– Pain points associated with using online sourcing platforms
Unable to examine the products physically 61%
Risk of fraud 56%
Insufficient product details and photos 54%
Unresponsive suppliers 49%
Uncertified products 49%

* Percentages may not add up to 100% due to rounding.

References
– HKTDC Research website: http://research.hktdc.com/
– International Sourcing for 2022 and Beyond: Insights Into How Buyers and Suppliers Are Optimising Online Sourcing Moving Forward https://research.hktdc.com/en/article/MTAyMTMxMzA5MQ
– Photo download: https://bit.ly/3OfdBAZ

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries:
HKTDC's Communication and Public Affairs Department
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GEVME Launches New Virtual Event – Strategies for Hosting Events that Generate Results

Singapore, Apr 20, 2022 – (ACN Newswire) – Join us for this virtual event where we'll uncover opportunities to improve your events. We will present the key insights from our recent 'Virtual Events Benchmark Report 2022' where our data science team analysed data from 500+ events powered by GEVME. Our team of experts will also provide you with practical tips to leverage on these insights and generate impactful results with your events.



Grab a free copy of Virtual Events Benchmark Report 2022 when registering for the event.

Americas – 9th May 2022, 9:00 p.m. ET
APAC – 10th May 2022, 9:00 a.m. SGT

Agenda:
– Choosing the right time and day for your events
– Optimising registration for maximum attendance
– Keeping attendees engaged throughout your event
– Increasing the shelf life of your event recordings

What You Will Learn:
– Find out how your events compare with industry benchmarks
– Get practical tips on how to host events that generate results
– Learn how to adopt a data-driven approach when hosting events

Register your interest now: https://www.gevme.com/en/studios/virtual-events-benchmark-2022/

For other GEVME shows, https://www.gevme.com/en/studios/.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Creative China Signs Cooperation Framework Agreement and MOU on Possible Cooperation with Truth Pictures

HONG KONG, Sep 6, 2021 – (ACN Newswire) – Creative China Holdings Limited ("Creative China" or the "Group"; stock code: 8368) announced today that the Group and Truth Pictures (Hong Kong) Limited ("Truth Pictures") have signed a cooperation framework agreement (the "Cooperation Framework Agreement") committing to cooperating on the distribution, broadcasting and marketing promotion planning of foreign movies in Mainland China. The Cooperation Framework Agreement sets out the basic principle for subsequent cooperation valid for five years then renewable for one year automatically and indefinitely, if at expiry no party disagrees.

At the same time, the Group has also signed a non-legally binding Memorandum of Understanding ("MOU") on subsequent cooperation (the "Possible Cooperation"). It is subject to further due diligence, and the terms and conditions of the formal agreement. Truth Pictures and the Group propose to carry out a cooperation in distribution of six foreign imported films in Mainland China through cinemas, television station and/or the New Media (as the case may be). The plot of the six films includes reality, fantasy love, thriller, crime / comedy, e-sports / youth, and art.

Creative China engages mainly in program production, film and television program pre-production, distribution and related services, and organizing concerts and events, mobile live broadcasting and e-commerce, and artist management. The Group is experienced in marketing promotional planning of domestic and foreign imported films by providing event organisation services including the premiere ceremony for the film, producing high-quality television programs on the reality casting variety show of films, programs introducing upcoming films with film trailers, interviews of the cast and behind-the-scene video in Mainland China. In recent years, it has expanded its program production business to cover distributing licensing rights of serial programs and investing in pre-production of films and serial programs. Currently, the segment focuses on three major businesses in the film and television industry chain, namely project planning and script creation, production and publishing, generating increasing value for Creative China.

Truth Pictures, which is incorporated in Hong Kong, is in the business of distribution, development and production of films and television programs in Mainland China, Hong Kong and Taiwan with extensive resources. According to Truth Pictures, the founding team has more than 20 years of industry experience, with in-depth partnerships including Sony Pictures, Paramount Pictures, DreamWorks Animation, Warner Bros. Movies, Maoyan Entertainment, Alibaba Pictures, Tencent Pictures, iQIYI Pictures, China Film Group Corporation and Huaxia Film Distribution. Its projects include "Transformers: Age of Extinction", "Mission: Impossible – Rogue Nation", "Spectre ", "Terminator Genisys", "Angry Birds", "xXx: Return of Xander Cage", "Baby Driver", "Peter Rabbit", "The Current War" and "Dance with Me". The founder was the China co-producer of "Transformers: Age of Extinction", "Mission: Impossible – Rogue Nation", "Terminator: Genisys", "The SpongeBob Movie: Sponge Out of Water" and "Peter Rabbit".

Mr. Philip Yang, Chairman and Executive Director of Creative China, said, "Even though 2021 has been thus far still rather challenging, the box office of movie theatres in Mainland China has continued to grow. We expect to reap powerful synergies from this partnership and possible acquisition and integration with the team of industry veterans at Truth Pictures. We are confident that this cooperation will enable us to further our reach into the film sector, giving us the chance to diversify our program production segment and expand market share in the film industry. We look forward to working with Truth Pictures and bringing more substantial theatre box office revenue and copyright transaction revenue to the Company."

According to data from China Film Administration and ENDATA, the box office of Chinese movies was approximately RMB 60.9 billion, 64.2 billion and 20.4 billion, respectively from 2018 to 2020. Affected by COVID-19, the box office of imported films accounted for approximately 38%, 36% and 16% (approximately RMB 23.1 billion, 23.1 billion and 3.3 billion) of the total movie box office respectively. According to industry data from DengTa Professional APP, the number of imported films was approximately 121, 136, and 61, respectively, year-on-year. In terms of revenue, China is one of the world's two largest movie markets. The nation's film industry continued to recover in 2021. According to PriceWaterHouse Coopers' "Global Entertainment and Media Industry Outlook 2021 to 2025" China Summary, apart from a few cinema closures because of local COVID outbreaks in the second half of 2020, there was an 8.3% year-on-year increase in the number of screens, bringing the total to 75,581. The box office revenue of Chinese New Year in 2021 films also hit record high. China's box office continues to add significantly to global box office revenues. The number of moviegoers in the country has rebounded sharply to about 1.4 billion in 2021, and will reach 1.8 billion by 2025, exceeding pre-pandemic levels. China's film revenue in 2025 is expected to account for 23.5% of the world's total revenue of US$47 billion, second only to the United States' 24.1%. The compound annual growth rate of China's film revenue is estimated at 8.25% between 2021 and 2025.

About Creative China Holdings Limited (Stock Code: 8368)
Creative China is dedicated to turning creativity into wealth and fostering development of the creative industry with innovation. The Group mainly engages in program production, film and television program pre-production, distribution and related services, concert and event organisation, mobile live broadcasting and e-commerce, and artist management. The original creative cultural products of the Group included television singing concerts, movie premieres and award presentation ceremonies, multimedia musicals and star-hosted television shows. Such first-of-their-kind productions has served as guidepost for the industry. Having organised many creative and high-standard international activities and afforded creative stage designs, creative visual and public relations efforts, it boasts great influence and communication capability in Mainland China.

For more information of Creative China, please visit: http://www.ntmediabj.com/index.php.

About Truth Pictures (Hong Kong) Limited
Truth Pictures, which is incorporated in Hong Kong, is in the business of distribution, development and production of films and television programs in Mainland China, Hong Kong and Taiwan with extensive resources. According to Truth Pictures, the founding team has more than 20 years of industry experience, with in-depth partnerships including Sony Pictures, Paramount Pictures, DreamWorks Animation, Warner Bros. Movies, Maoyan Entertainment, Alibaba Pictures, Tencent Pictures, iQIYI Pictures, China Film Group Corporation and Huaxia Film Distribution. Its projects include "Transformers: Age of Extinction", "Mission: Impossible – Rogue Nation", "Spectre", "Terminator Genisys", "Angry Birds", "xXx: Return of Xander Cage", "Baby Driver", "Peter Rabbit", "The Current War" and "Dance with Me". The founder was the China co-producer of "Transformers: Age of Extinction", "Mission: Impossible – Rogue Nation", "Terminator: Genisys", "The SpongeBob Movie: Sponge Out of Water" and "Peter Rabbit".



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

Tickets Now Available for Jasper Johns Retrospective at Whitney Museum

NEW YORK, NY, Aug 26, 2021 – (ACN Newswire) – Tickets for Jasper Johns: Mind/Mirror, the most ambitious retrospective to date of the work of Jasper Johns, are now available for advance purchase at whitney.org and philamuseum.org. Co-organized by the Whitney Museum of American Art in New York and the Philadelphia Museum of Art, Jasper Johns: Mind/Mirror is a single exhibition in two venues, filling almost 30,000 combined square feet.



This unprecedented collaboration is the artist's first major museum retrospective on the East Coast in nearly a quarter-century and will feature more than 500 works, including paintings, sculptures, drawings, and prints. Presented simultaneously at the Whitney and the Philadelphia of Museum of Art, Jasper Johns: Mind/Mirror opens on September 29, 2021 and will be on view through February 13, 2022.

Throughout the duration of the exhibition, visitors who attend the exhibition at the Whitney or the Philadelphia Museum of Art will enjoy 50% off admission at the other venue. Members of both institutions will also receive reciprocal admission privileges throughout Jasper Johns: Mind/Mirror. Member Preview Days for Jasper Johns: Mind/Mirror are Friday, September 24 through Monday, September 27, 2021. Complete ticketing details are available at whitney.org and philamuseum.org.

About Jasper Johns: Mind/Mirror

Over the past sixty-five years, Jasper Johns (b. 1930) has produced a radical and varied body of work marked by constant reinvention. In an unprecedented collaboration, the Philadelphia Museum of Art and the Whitney will stage a retrospective of Johns's career simultaneously across the two museums from September 29, 2021 to February 13, 2022. Featuring paintings, sculptures, drawings, and prints, many shown publicly for the first time, Jasper Johns: Mind/Mirror is inspired by the artist's long-standing fascination with mirroring and doubles. The two halves of the exhibition will act as reflections of one another, spotlighting themes, methods, and images that echo across the two venues. A visit to one museum or the other will provide a vivid chronological survey; a visit to both will offer an innovative and immersive exploration of the many phases, facets, and masterworks of Johns's still-evolving career.

This exhibition is co-organized by the Whitney Museum of American Art and the Philadelphia Museum of Art. The organizing curators are Carlos Basualdo, Keith L. and Katherine Sachs Senior Curator of Contemporary Art, Philadelphia Museum of Art, and Scott Rothkopf, Senior Deputy Director and Nancy and Steve Crown Family Chief Curator, Whitney Museum of American Art, New York, with Sarah B. Vogelman, exhibition assistant, in Philadelphia, and Lauren Young, curatorial assistant, in New York.

Whitney Museum Hours and Admission

The Whitney Museum of American Art is located at 99 Gansevoort Street between Washington and West Streets, New York City. Beginning September 29, 2021, public hours are Monday, Wednesday, and Thursday, 10:30 am to 6 pm; Friday, 10:30 am to 10 pm; and Saturday and Sunday from 11 am to 6 pm. Closed Tuesday. Member-only hours are Saturday and Sunday from 10:30 am – 11 am. Visitors 18 years & under and Whitney members: FREE. Admission is pay-what-you-wish on Fridays, 7-10 pm.

As of August 17, 2021, all visitors 12 years of age and older must be vaccinated against COVID-19 for admission to the Whitney, in accordance with New York City requirements. Face coverings are required, even if you are vaccinated. For complete visitor guidelines, visit whitney.org. For general information please call (212) 570-3600 or visit whitney.org.

About the Whitney Museum

The Whitney Museum of American Art, founded in 1930 by the artist and philanthropist Gertrude Vanderbilt Whitney (1875 – 1942), houses the foremost collection of American art from the twentieth- and twenty-first centuries. Mrs Whitney, an early and ardent supporter of modern American art, nurtured groundbreaking artists at a time when audiences were still largely preoccupied with the Old Masters. From her vision arose the Whitney Museum of American Art, which has been championing the most innovative art of the United States for ninety years.

The core of the Whitney's mission is to collect, preserve, interpret, and exhibit American art of our time and serve a wide variety of audiences in celebration of the complexity and diversity of art and culture in the United States. Through this mission and a steadfast commitment to artists themselves, the Whitney has long been a powerful force in support of modern and contemporary art and continues to help define what is innovative and influential in American art today. www.whitney.org/exhibitions/jasper-johns.

Contact: Press Office
Whitney Museum of American Art
E: pressoffice@whitney.org
U: https://whitney.org/exhibitions/jasper-johns
U: https://www.philamuseum.org

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

Loop Media, Inc. Launches The Wiggles Channel Exclusively First On The Roku Channel Beginning August 19th

Glendale, CA, Aug 20, 2021 – (ACN Newswire) – via NewMediaWire – Loop Media, Inc. ("Loop") (OTC: LPTV), a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers, today announced a significant expansion of its existing partnership with Roku, Inc. Loop will bring its fully-dedicated The Wiggles Channel exclusively, initially to Roku(R) beginning August 19th. Now, through Loop Media, The Roku Channel will be the home for 24/7 availability of one of the world's most popular children's entertainment groups. Launched in 2017, The Roku Channel is the home for free entertainment on America's No. 1 TV streaming platform based on hours streamed (Hypothesis Group, April 2021).



Today's announcement and launch follows closely on the heels of the companies' recent partnership announcements in both the U.S. and Canada that bring several customized Loop Media music video channels to Roku customers, thereby expanding Roku's entertainment line-up.

The Wiggles are one of the most successful global children's franchises of all time. For the past thirty years, The Wiggles have educated, entertained and enriched the lives of millions of pre-schoolers (and their parents) all over the globe. Today, generations of fans that grew up watching are sharing their love of The Wiggles with their own children. Loop's dedicated streaming and broadcast channel for The Wiggles, first available on Roku, will initially air content from the original Wiggles, featuring Greg, Anthony, Murray and Jeff. It will include series such as "Wiggle TV" and "The Wiggles Show," as well as specials such as "Wiggle Time!", "Yummy, Yummy" and "Baby Antonio's Circus."

"The Wiggles brand has established itself as a global powerhouse for decades in the children's world, delighting kids and parents alike through song and dance," said Ashley Hovey, Director, The Roku Channel AVOD. "We are thrilled to bring this family-friendly, sought-after content to the millions of engaged users on The Roku Channel just in time for Kids & Family's second anniversary. It's a great way to celebrate this milestone!"

"Loop's partnership with Roku will finally allow our fans continuous access to some of the most popular Wiggles content of all-time," says Anthony Field, Blue Wiggle and founding member of The Wiggles. "In today's age of cord-cutting and streaming preference, it is important that we give our fans as many options as possible to enjoy The Wiggles."

"Roku has been a fantastic partner to Loop Media for our streaming music video channels, so we are pleased that they are our inaugural partner for this channel launch," said Jon Niermann, CEO & Co-founder of Loop Media. "The Wiggles Channel is something that we are very excited about and grateful to have the opportunity to produce and distribute. This is another fantastic, curated revenue-generating channel for Loop Media, and is one that will entertain kids and families globally like few other kids branded channels can."

About Loop Media

Loop Media, Inc. ("Loop Media") (OTC: LPTV) is a leading multichannel streaming platform that provides curated music video and branded entertainment channels for businesses and consumers. Through its proprietary "Loop Player" for businesses and interactive mobile and TV apps for consumers, Loop Media is the only company in the U.S. licensed to stream music videos directly to consumers and venues out-of-home ("OOH").

Loop Media's digital video content reaches thousands of OOH locations including hotels, bars/restaurants, office buildings, and retail businesses, as well as millions of consumers in the U.S., Canada, and Latin America through its apps for iOS, Android, and Huawei, as well as connected TVs and Smart TVs. These TV platforms include Amazon Fire TV, Android TV, AT&T TV, Hisense, JVC, LG, Philips, Roku, Sharp, Sony, Toshiba, VIZIO, and free ad-supported TV platforms TIVO+, Plex, DistroTV, and GSTV.

Loop is fueled by one of the largest and most important libraries that includes music videos, movie trailers and live performances. Loop Media's non-music channels cover a multitude of genres and moods and include movie trailers, sports highlights, lifestyle and travel videos, viral videos, and more. The Loop Media consumer apps allow users to create their own playlists, or "Loops," and share them live with interactive watch parties. Loop Media's streaming services generate revenue from advertising, sponsorships, integrated marketing, and branded content from free-ad-supported-television ("FAST") and from subscription offerings.

Download the Loop Media app by searching "Loop Media" on your Smart TV's app store or opening loop.tv/app on your mobile device. To learn more about Loop Media products and applications, please visit us online at Loop.tv

Follow us on social:
Instagram – @looptvofficial (consumer), @looptvbiz (business)
Twitter – @looptvofficial (consumer), @looptvbiz (business)
LinkedIn – https://www.linkedin.com/company/looptv/

About The Wiggles

For three decades, The Wiggles have educated, entertained and enriched the lives of millions of pre-schoolers (and their parents) all over the globe. Today, generations of fans that grew up watching are sharing their love of The Wiggles with their own children. Having sold over 30 million albums and DVDs, 8 million books globally, as well as accumulating over one billion music streams and 2 billion views on YouTube, The Wiggles are a dominant player in the preschool entertainment scene. Their live shows annually sell out to audiences on three separate continents, and their videos are seen in over 190 countries around the world. For more information, visit www.thewiggles.com.

Safe Harbor Statement and Disclaimer

This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, Loop Media's ability to compete in the highly competitive markets in which it operates, statements regarding Loop Media's ability to develop talent and attract future talent, the success of strategic actions Loop Media is taking, and the impact of strategic transactions. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although Loop Media believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. Loop Media takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by Loop Media. Loop Media's SEC filings are available at http://www.sec.gov.

Roku is a registered trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.

Loop Media, Inc. Press:
Justis Kao
Loop Media, Inc.
justis@loop.tv

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

Outplay Raises USD 7.3 Million to Make Outbound Sales Scalable

San Francisco, Jul 22, 2021 – (ACN Newswire) – Multi-channel sales engagement platform, Outplay today announced its $7.3M series A fundraise from Sequoia Capital India. Outplay will use the funds raised to invest in technology and hiring exceptional talent across the globe.




Businesses today rely on a combination of inbound and outbound sales models to drive revenues. While the inbound sales process has rapidly evolved over the last 10 years, outbound sales hasn't. Outbound sales teams typically use high-volume tactics to drive revenue. But this approach is not scalable and the revenue eventually becomes a function of the size of the outbound sales team. This is because outbound sales teams don?t have a data-driven approach for targeting prospects that are most likely to convert and end up spending time emailing or cold-calling hundreds of prospects hoping to convert a few.

Launched in 2019, Outplay is on a mission to change this by bringing predictability to outbound sales and help every salesperson talk to the right prospect at the right time through the right channel. The platform helps outbound sales teams plan, execute, track, measure and optimize interactions between companies and their prospects across multiple channels like email, phone, SMS, social media as well as live chat.

Laxman Papineni, CEO of Outplay commented, "Outbound sales teams are truly the dark horse of the sales organization – the targets are high, but the methods aren't scientific. Outplay is committed to making outbound outreach data-driven, so that sales teams are talking only to the warmest prospects at any given point across multiple channels, optimizing time and resources. The continued partnership with Sequoia Capital India is a testament to the fact that the sales engagement space, which is poised to be a $5.59B market by 2023, is a huge opportunity for Outplay."

With Outplay, sales managers can create data-backed sales playbooks to coach their team members and help them achieve their sales targets. The platform's combination of automation and personalization helps teams start genuine conversations at scale, enabling them to stay on task by using multiple channels through a single interface to drive more meetings. Sales reps are thus able to build a multi-channel outreach plan for their prospects across email, phone, SMS, LinkedIn, Twitter and chat.

For example, Outplay helps sales teams engage with warm prospects by notifying them when their prospect visits their business website. Enabled by Outplay's industry-first outbound live-chat feature, Magic Outbound Chat, the rep can initiate live chat and have a contextual conversation with the prospect. Customers have been able to qualify prospects faster and grow their pipeline by 300% using the tool alongside inbound chat.

"We continue to be very excited by Outplay's mission of making every sales rep perform like the best rep on the team. Outbound sales needs are evolving rapidly and reps now need personalized, automated and contextual tools to drive sales which Outplay is successfully enabling. Sales reps spend an average of four hours per day on Outplay, demonstrating the effectiveness of the product which has category-leading customer reviews. Additionally, rapid digitization due to COVID has been a significant accelerant for the business and we believe these tailwinds will continue as outbound sales becomes more digital," Harshjit Sethi, Principal, Sequoia India

Outplay also offers support to ensure software adoption across customer teams is done within days, not weeks or months. Since the seed fundraise – USD 2 Mn from Sequoia Capital India's Surge early this year, the company has grown 4X in revenue, 3X in team size and has customers from more than 50 countries. Outplay was a part of the Surge 04 cohort.

About Outplay

Outplay is a multi-channel sales engagement platform that ensures outbound sales teams deliver the most powerful message at the perfect time in the buyer journey through the right channel. With features like dynamic sequencing, magic outbound chat and detailed analytics, Outplay gives sales development representatives (SDRs) and business development representatives (BDRs) the right signals so they only work on the warmest prospects across multiple channels like email, phone, SMS, LinkedIn, Twitter and Chat.

Source: Platodata Intelligence

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

AppsFlyer Welcomes New Senior Marketing Director; Strengthening Its Commitment to APAC

SINGAPORE, Jul 21, 2021 – (ACN Newswire) – Today, AppsFlyer, the global attribution and marketing analytics leader, announces that strategic technology marketing veteran Sam Chiu will head AppsFlyer's marketing team as its new Senior Director of Marketing, Asia-Pacific (APAC). Sam will report to Ronen Mense, President and Managing Director, AppsFlyer APAC.


Sam Chiu, Senior Director of Marketing, APAC, AppsFlyer


This latest appointment follows the company's recent senior hire of ex-Oracle Sales Vice President Joen van Driel as AppsFlyer's VP of Sales for APAC earlier this year. With app install ad spend in the region poised to reach $61 billion in 2022, these key hires highlight AppsFlyer's strengthening commitment to the region, signaling its plan to cement its leadership position in APAC's marketing attribution and analytics space.

Sam Chiu, Senior Director of Marketing, APAC, AppsFlyer, said: "AppsFlyer is experiencing phenomenal growth, not only in APAC but globally, and I am honored to work alongside talented individuals in the team to further advance our marketing efforts and assert AppsFlyer's dominance in the region. AppsFlyer is well-positioned to help marketers transform their businesses, and the mobile marketing industry continues to expand with the use of mobile apps wildly increasing day by day. I am excited about what lies ahead."

In his new role, Sam will spearhead AppsFlyer's brand awareness, strategic marketing strategies, and demand generation for the company, driving engagement strategies, supporting the current customer base and working with high-performing teams across countries to strengthen AppsFlyer's presence. Currently based out of Hong Kong, Sam will relocate to AppsFlyer's SEAPAC hub in Bangkok, where he will play a critical role in driving AppsFlyer's go-to-market strategy for over 22 markets across ASEAN, South Asia (including India and Pakistan), Japan, Korea, and ANZ.

Ronen Mense, President and Managing Director, AppsFlyer APAC says, "Throughout the last twelve months we have continued to focus on growing AppsFlyer, not only in APAC, but globally. In a crucial time of AppsFlyer's expansion, Sam brings in a wide range of experience, having worked at an array of established players in the industry. His role will drive key business goals in the region."

Sam brings an extensive amount of experience with close to twenty years of digital transformation and omni-channel strategy implementation to AppsFlyer's Southeast Asia-Pacific (SEAPAC) team. His full stack marketing tech career spans Boston, New York City and Hong Kong across agencies (iProspect), publishers and ad networks (Microsoft, Yahoo), and B2C & B2B advertisers (DFS/LVMH, SAS), with deep experience driving campaign results for various Fortune 500 firms.

About AppsFlyer

AppsFlyer, the global attribution leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement and analytics solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and 8,000+ technology partners make better business decisions every day. To learn more, visit www.appsflyer.com

Media Contacts
PRecious Communications on behalf of AppsFlyer
appsflyer@preciouscomms.com

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