CleverTap Raises US$105M in Series D Funding Round Led by CDPQ

MOUNTAIN VIEW, California & MUMBAI, India & MONTREAL, Canada, Aug 10, 2022 – (ACN Newswire) – CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC's Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to support CleverTap's global expansion and enhance the development of its world-class solutions and technology.

Founded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap's customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer a comprehensive user engagement suite that enables brands to build valuable, long-term relationships with their customers. CleverTap's subscription-based solution has been adopted by a loyal customer base of 1,200 brands in 100 countries representing 10,000 apps across industries including Fintech, eCommerce, Subscription, On Demand, and Streaming media.

In June 2022, CleverTap completed the acquisition of San Francisco-based Leanplum, a leading multi-channel customer engagement platform, further strengthening its footprint in North America and Europe. In the same month, it also unveiled TesseractDB(TM), the world's first purpose-built database designed to dramatically improve user engagement and retention for digital consumer brands.

"Our vision has been to reshape the way businesses engage with their consumers and bring the tech to MarTech. The addition of long-term investors CDPQ and IIFL AMC Tech fund to CleverTap's existing backers, Sequoia India, Accel, Tiger Global, and Recruit Holdings is a great endorsement of the successful business we have built, the innovation we bring to the market and the growth potential CleverTap holds," said Sunil Thomas, Co-founder and Executive Chairman, CleverTap. "The fresh funds will help fuel our plans to further strengthen our presence in key geographies and expand our teams. The last few months have been quite exciting for us with the Leanplum acquisition and unveiling of TesseractDB(TM). And now with the new institutional investors coming on board we have all that we need to grow at a faster rate while consolidating our position as the global leader in the retention space."

"CleverTap has established itself as a partner of choice for its clients by helping them generate significant incremental revenue. Its subscription-based platform offers a single and reliable source of information that allows brands to maximize the lifetime value of their existing customers by engaging them in a highly personalized way" said Martin Laguerre, Executive Vice-President and Head of Private Equity, CDPQ. "As consumer brands are increasingly focused on customer retention and prioritize tools offering tangible return on investment, we believe CleverTap is well positioned to maintain its global growth trajectory and help more businesses enhance their customer experience."

"CleverTap is a fast-growing SaaS company that not only has recurring revenue streams and top tier financial metrics, but also a scalable business model with large addressable markets" added Meng Ann Lim, Managing Director, Direct Private Equity for Asia Pacific, CDPQ. "This investment is in line with our strategy to work with innovative companies that enable rapid digital transformation, especially in the Asia-Pacific region where high smartphone penetration is facilitating the digitalization of the economy at a rapid pace."

"Enterprises are increasingly looking to engage with customers in a real time and in a personalized manner across digital channels. CleverTap's full stack approach to customer engagement allows them to perform user analytics and run personalized customer campaigns on a real-time basis which enables companies to improve user retention and understand user journeys across channels" said Chetan Naik, Fund Manager and Senior Executive Vice-President, Private Equity at IIFL AMC. "CleverTap has built a unique product suite and analytics capabilities that runs over a proprietary database. CleverTap is one of the fastest growing SaaS companies with best-in-class revenue retention rates. We are excited to partner with them in their journey of creating a leading global customer retention platform out of India."

"The latest fundraise reaffirms customer and market belief in CleverTap and our growth potential. This fundraise will help us elevate our growth trajectory and further enable us to innovate better and faster while staying ahead of the curve," said Sidharth Malik, Chief Executive Officer, CleverTap. "The paradigms of user engagement are changing, and as industry leaders we are best positioned to help businesses adapt to this ever-evolving consumer landscape. Our recent acquisitions helped us expand our foothold in North America and Europe, and enhance our leadership in verticals such as on-demand and subscription."

As part of the transaction, CDPQ will join CleverTap's Board of Directors upon closure of this funding round. IIFL AMC's investment is subject to approval from Securities and Exchange Board of India (SEBI).

About CleverTap

CleverTap is the World's No.1 retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights, and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1,200 customers in 100 countries and 10,000 apps, including Gojek, ShopX, Canon, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long- term revenue. Backed by leading investors such as Sequoia India, Tiger Global, Accel, CDPQ, IIFL and Recruit Holdings, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, Sao Paulo, Bogota, Amsterdam, Jakarta, and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

About CDPQ

At CDPQ, we invest constructively to generate sustainable returns over the long term. As a global investment group managing funds for public pension and insurance plans, we work alongside our partners to build enterprises that drive performance and progress. We are active in the major financial markets, private equity, infrastructure, real estate and private debt. As at December 31, 2021, CDPQ's net assets totalled CAD 419.8 billion. For more information, visit cdpq.com, follow us on Twitter or consult our Facebook or LinkedIn pages.

CDPQ is a registered trademark owned by Caisse de depot et placement du Quebec and licensed for use by its subsidiaries.

About IIFL AMC

IIFL Asset Management (IIFL AMC) is a part of IIFL Wealth and Asset Management. IIFL AMC is an alternates-focused asset management and has been playing a pivotal role in the growth of the AIF industry in India. A disciplined and active management approach combined with research-led strategies allows IIFL AMC to tap into India's potential for delivering on its commitments and long-term growth. The AMC's diversified suite of mutual funds, PMS, alternative investment funds, credit funds and venture capital funds span public and private equities as well as fixed income securities and real estate. IIFL AMC's distinctive products bring out the entrepreneurial edge, agility and speed of execution of a boutique asset management business, while providing gold standards of corporate governance of a large corporation with a long-term focus.

For more information
SONY SHETTY
Director, Public Relations, CleverTap
+91 9820900036
sony@clevertap.com

MEDIA RELATIONS TEAM, CDPQ
+1 514 847-5493
medias@cdpq.com

IPSHITA BALU
+91 95901 11798
Ipshita.balu@archetype.co

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 result in the actual outcome 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

Twin HKTDC Hong Kong International Jewellery Shows and Simply Shopping Fest Conclude

HONG KONG, Aug 3, 2022 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 38th HKTDC Hong Kong International Jewellery Show, the 8th HKTDC Hong Kong International Diamond, Gem & Pearl Show and the inaugural Simply Shopping Fest have all concluded successfully. The three public shows attracted more than 80,000 visitors appreciating and purchasing fine jewellery pieces, in addition to buying gourmet food and wine and household items. The concurrent events featured livestreaming sessions hosted by key opinion leaders (KOLs), offering more opportunities for exhibitors to showcase their products as well as creating a more engaging experience – covering shopping, leisure and entertainment – for the general public. The broadcasts received an enthusiastic response.


Organised by the Hong Kong Trade Development Council (HKTDC), the 38th HKTDC Hong Kong International Jewellery Show and 8th HKTDC Hong Kong International Diamond, Gem & Pearl Show concluded successfully yesterday.

The two jewellery shows featured jewellery parades that showcased elegant and stylish pieces.

The smart jewellery bidding session was well received with visitors participating enthusiastically in bidding for their desired pieces.


HKTDC Acting Executive Director Sophia Chong said: "The two jewellery shows were open to the public this year, bringing local retail opportunities for exhibitors. We promoted an online-to-offline (O2O) shopping model through the KOL livestreaming sessions, with engaging sales techniques helping exhibitors to further promote their products. Following the encouraging feedback received, we will continue reinforcing cross-channel marketing to help exhibitors increase brand awareness, reach out to a wider customer base and grow their business."

Jewellery exhibitors acquiring new customers

J Ocean Pearl Jewellery Limited Director Jackie Leung and Marketing Director Lila Wong said their sales at the Jewellery Show were satisfactory, helped by using social media promotions to further extend their reach to new customer segments. "The KOL livestreaming session at our booth was an interesting way to interact with viewers, opening up new business opportunities and attracting more customers," they said.

Yvonne Pong, Director of Wing Hang South Sea Pearl Company Limited, shared that a new customer purchased a golden pearl necklace priced at more than HK$200,000. "Our sales have been encouraging. The shows attract many quality consumers with strong purchasing power," Ms Pong said.

Another exhibitor, Jignesh Donda, Director, Sheetal (Far East) Limited, said: "We showcased a variety of exquisite diamonds at the show, primarily focused on 0.30 to 0.50 carat diamonds, to cater to the preferences of local customers. The new Exhibition Centre MTR station makes it more convenient for exhibitors and visitors to get to the fairground. We've received a number of enquiries from customers and believe we will meet more new customers here."

Talented local jewellery designers gathered at the shows

As one of the highlight events this year, the 23rd Hong Kong Jewellery Design Competition continues to provide a platform for local talents to showcase their creative flair and to identify budding designers. The winning pieces were displayed at the twin jewellery shows.

The shows also provided a precious opportunity for young designers to interact with the public, while showcasing their creative talents and jewellery designs.

Fanny Yu, Group Project Director of Loupe, noted: "Loupe is a design incubation space founded by Chow Tai Fook Jewellery Group to nurture Hong Kong's young talents in jewellery-making and design. This is the first time we have participated in the Hong Kong International Jewellery Show. Around 20 young jewellery designers are with us here. Through this opportunity, they have acquired a deeper understanding of local consumers' needs. This will definitely help their career development."

The HKTDC surveyed more than 1,000 exhibitors and visitors during the twin jewellery shows. The results showed that the most popular purchases were diamond jewellery, followed by gemstone jewellery and jade jewellery. Close to 40% of surveyed visitors said they had spent at least HK$1,000 more at the fairs in anticipation of a new round of consumption vouchers by the government. Around 33% of visitors said they had spent more than HK$10,000 at the jewellery shows.

Food and health products top sellers at Simply Shopping Fest

The debut Simply Shopping Fest showed its effectiveness as a channel for exhibitors to sell products to the general public. HKTDC's survey conducted at Simply Shopping Fest reflected that gourmet food and wine were the most purchased types of product, followed by home and living goods and health and beauty items. Survey respondents said that product variety, product price and discount offers were the most attractive aspects of the shopping fair.

Gary Ching, Founder & Watchmaker, Anpassa Watch Company, Hong Kong said: "We are participating in the debut Simply Shopping Fest to let more people know about our local brand "Anpassa" along with our customised and personalised watchmaking service. We estimate that on-site sales will be around HK$100,000. Benefitting from the Government's Convention and Exhibition Industry Subsidy Scheme, SMEs (small and medium-sized enterprises) from different sectors are able to participate in this fair at discounted exhibition fees, bringing a greater variety of products to consumers."

Livestreaming generated more business opportunities for exhibitors

The HKTDC collaborated with livestreaming platforms to present multiple livestreaming sessions at the three events, helmed by KOLs who promoted exhibitors' products and interacted with the audience.

Exhibitor Kenneth Au, Co-founder and Director at Life Is For Excellence Limited, said: "The KOLs explain the features of our healthy foods to customers in an interactive and persuasive way. Customers buy our products via the livestreaming platform and pick them up at the fairground. This O2O shopping model has helped us increase our exposure, enrich our customers' experience and generate more sales turnover." Meanwhile, Jackel Lee, Owner of Nubiotic International (HK) Limited, said orders generated from the livestreaming sessions accounted for 10% of the company's turnover at the fair.

Numerous exciting events were held during the three fairs, including smart bidding sessions where shoppers bid on popular items starting at 10% of the retail price. Other well-received events organised at the jewellery shows include Jewellery Parade Series, Tahitian Pearl Stylish Bracelet Workshop and Handmade Rose Earrings Workshop as well as sharing sessions on "Diamond, Arts and Science" and "Making Unique Jewellery: The Tradition and Future of Craftsmanship".

At the Simply Shopping Fest, events such as the Hong Kong Tasting Trendies Sake Awards 2022, Cooking with Chef Kitty, Oppa's Cuisine – Food and Wine Pairing, Chinese calligraphy appreciation, Chinese medicine and ketogenic diet sharing sessions were popular among visitors.

Food Expo and three concurrent shows coming up in mid-August

Following on the heels of these three exhibitions, the HKTDC will organise a series of public fairs in the summer, including the Food Expo, Beauty & Wellness Expo and Home Delights Expo (all 11 to 15 August), and the Hong Kong International Tea Fair (11 to 13 August). These events will provide the public with a unique one-stop shopping experience, while helping companies expand their local retail market and provide a boost to Hong Kong's economy.

Websites
– Hong Kong International Jewellery Show: https://hkjewelleryshow.hktdc.com
– Hong Kong International Diamond, Gem and Pearl Show: https://hkdgp.hktdc.com
– Simply Shopping Fest: https://ssf.hktdc.com/en
– Photo download: https://bit.ly/3Q6NpbQ

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:
Please contact HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org

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

HKTDC Food Expo and four concurrent events kick off next week

HONG KONG, Aug 2, 2022 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the highly anticipated HKTDC Food Expo, HKTDC Home Delights Expo, HKTDC Beauty & Wellness Expo and HKTDC Hong Kong International Tea Fair will run from 11-15 August at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the overarching theme "Living a New Style", the four fairs will present close to 1,000 exhibitors, featuring a wide array of global gourmet foods and various new products. In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and eight scientific research institutions, will be held at the same venue on 11 and 12 August to deliver professional Chinese medicine insights into the industry.


Sophia Chong, HKTDC Acting Executive Director, introduced key highlights of the five events at a press conference today.

The Food Expo offers a wide range of products for those who enjoy indulging in a variety of international cuisines, including Ethiopia Sidama (natural) coffee beans, ice cream with no added sugar and Thai green curry vegan chicken.

The Home Delights Expo will showcase a wide range of smart home products, kitchen appliances, kitchenware, tableware, furniture and household products.


Introducing details of the five events at a press conference today, Sophia Chong, HKTDC Acting Executive Director, said: "The Food Expo is an eagerly awaited annual event in Hong Kong that has been well received by the public for more than 30 years. This year, to celebrate the 25th anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR), we have invited 13 star chefs to conduct cooking demonstrations of 25 dishes as one of the key highlights. The second phase of the Consumption Voucher Scheme and the recent opening of the Exhibition Centre MTR station will help attract more people to attend the concurrent events and enjoy a one-stop shopping experience."

Food Expo (11-15 August) – a global culinary journey

The 32nd edition of the Food Expo presents the Public Hall, Gourmet Zone and Trade Zone to showcase the finest international cuisines. The Gourmet Zone will be open to the public for four days (11-14 August) and will feature 90 exhibitors presenting the best of Asian and European cuisines, desserts, organic foods, fine coffee and more. A new theme, Beer Cheers, will enable the public to explore quality beers from a number of local craft breweries.

The Public Hall, with more than 430 exhibitors, is a five-day international culinary extravaganza where the Premium Food zone will feature more than 20 renowned brands, including Maxims, Tai Pan, Nissin, Sau Tao, Tao Ti, WH Group, On Kee Dry Seafood and newcomers, such as BGS. In addition, a number of organisations are setting up group pavilions to promote quality goods directly to consumers, including Hong Kong & Kowloon Provisions, Wine & Spirit Dealers' Association x Nam Pak Hong Association, Beverage and Food Community, Hong Kong People and Brands, Korean Chamber of Commerce in Hong Kong, Hong Kong Food Science and Technology Association, Hong Kong General Chamber of Wine & Spirits and the Hong Kong Wine and Spirits Association. Overseas group pavilions set up through local representatives, including the Agricultural Trade Promotion Center, Ministry of Agriculture and Rural Affairs, Guangxi Zhuang Autonomous Region and Chongqing Municipality from Mainland China, plus the Aomori Prefecture of Japan, Japan External Trade Organization and Indonesia, will present local specialities and different culinary cultures.

Food and beverage specialities at the Food Expo include cold brew coffee made with single-origin Ethiopia Sidama (natural) coffee beans, ice cream with no added sugar, and LEAVES Sarawak 3-layer milk tea from Malaysia. Given the growing popularity of vegetarian food, the expo has also sourced a wide range of sustainable and healthy vegetarian options, including Thai green curry vegan chicken, plant-based golden nuggets and plant-based crab cakes.

The Trade Zone (11-13 August) will feature more than 100 exhibitors and multiple group pavilions, including a number of provinces from Mainland China, such as Zhejiang, Hubei as well as the Sichuan online pavilion, and more. Featured products include Shaoxing Huadiao wine from Zhejiang, wild camellia oil from Hubei and truffle wine from Sichuan. The three-day exhibition is open to both industry buyers and public ticket holders.

To celebrate the HKSAR's 25th anniversary, 13 star chefs will perform cooking demonstrations of 25 dishes. They include Executive Chef Ho Wai-sing of The Royal Garden Chinese Restaurant, Chinese Chef de Cuisine Ho Chun-hung of Hyatt Regency Hong Kong, Sha Tin, Founder of Hung's Delicacies Lai Wai-hung and Executive Chef Will Leung of 1111. In collaboration with the Environment and Ecology Bureau's Committee on Reduction of Salt and Sugars in Food, and the Centre for Food Safety, the expo will invite famous chefs to demonstrate "less salt and less sugar" recipes to encourage healthy eating in the city. Other activities being held during the expo include seminars on food technology and the introduction of restaurants from the EatSmart Restaurant Star+ Campaign.

Home Delights Expo (11-15 August) – building the ideal smart home

The eighth Home Delights Expo will showcase a wide range of smart home products, kitchen appliances, kitchenware, tableware, furniture and household products. The Avenue of Delights will feature nearly 40 exhibitors and several lifestyle brands, including Towngas, ZWILLING JA Henckels, Rasonic, A-Fontane, Tiger, German Pool and Zhang Xiao Quan. In addition, the expo will present various innovative products, including an ultra-small window cleaning robot (Wi-Fi version), an EMS and heating soother with eight connectors, an intelligent ionic 3D oscillating air circulation fan,a smart healthy pot, and more.

This year, the Hong Kong Furniture and Decoration Trade Association pavilion will showcase home design elements that integrate technology in various living situations to create the ideal smart home. In addition, the Creative Corner will introduce several innovative products from local start-ups, including handmade wooden frame glasses, a European birch grinder, and an iced tea candle.

Beauty & Wellness Expo (11-15 August) – revitalising beauty inside and out

The sixth Beauty & Wellness Expo will showcase a wide range of beauty and fitness products. In addition to the four major pavilions hosted by the Federation of Beauty Industry HK, Hong Kong Hair & Beauty Merchants Association, International Beauty & Health General Union, and The Cosmetic & Perfumery Association of Hong Kong Ltd, there will also be new pavilions formed by the Hong Kong China Federation of Bodybuilding & Fitness Limited and International Beauty Professionals Validation Association. The expo will feature a wide range of products for those looking for a healthy lifestyle, including an organic juicy makeup remover, an aroma bubble bath bomb and a total body portable gym. Several exciting events will be held during the expo, including a talk by diet therapy, health and beauty expert Yoko Tsang on the new normal for skincare.

International Tea Fair (11-13 August) – celebrating the art of tea

The 13th Hong Kong International Tea Fair brings a variety of exceptional products, such as Yunnan Taetea and Hong Kong-style milk tea home brew sets. The fair also features the Hubei pavilion, bringing its famous local teas to the city. KamCha will also share his valuable insights into brewing Hong Kong-style milk tea.

This year, both the Hong Kong International Tea Fair and the Trade Zone of the Food Expo will adopt EXHIBITION+, the brand-new hybrid exhibition model, allowing global food and tea buyers to simultaneously conduct business through the physical exhibition and online platform. Exhibitors and buyers who cannot attend the fairs in person can actively browse AI-recommended leads, search partners proactively, and send meeting requests for video conferences through Click2Match, the smart business-matching platform, up to seven days before the fairs.

ICMCM (11-12 August) – experts discuss Chinese medicine based new drug innovations

The Modernized Chinese Medicine International Association together with the HKTDC and eight scientific research institutions have joined together to present the latest International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM), providing invaluable Chinese medicine information and insights for industry participants. This year's theme is "Innovative Drug Development and Clinical Research in Chinese Medicine", featuring 17 keynote speakers, including experts from the United States, Australia, Austria, Germany, Japan, Mainland China and Hong Kong, who will discuss research results and share successful cases of integrating Chinese and Western medicines. The conference will run in a hybrid format with physical and online sessions to facilitate exchange of ideas among participants and the speakers.

Support for consumption voucher payment and daily lucky draw

With the second phase of the Consumption Voucher Scheme to be disbursed before the fairs, the HKTDC has been encouraging exhibitors to use electronic payment systems. A survey of exhibitors at the four fairs conducted by the HKTDC showed that more than 90% of them will accept at least one consumption voucher payment method for the convenience of the public. In addition, the new livestreaming sessions, created in partnership with livestreaming platform LOOPLIVE, will have key opinion leaders (KOLs) broadcast live about highlighted products and shopping privileges on the LOOPLIVE app before and during the fairs.

The "Buy-more-get-more Lucky Draw" will be held daily during the exhibition period with prizes including household products, skincare products, gourmet food, health products and fitness classes. Spending HK$200 or more on a single receipt gives visitors one entry into the lucky draw, with a maximum of five entries per receipt. The HKTDC has launched the "August Happy Buy" website, keeping the public up to date on the latest shopping news and various flash sales, including a HK$1 chicken pot, abalone noodle gift boxes and snowy durian mooncakes. Attendees can also download some 200 e-coupons in advance to enjoy all the special offers at the exhibitions.

Safety arrangements for visitors

Safety is a top priority for the HKTDC, and various measures will be put in place to protect participants against the pandemic, including requiring everyone entering and staying in the fairground to wear a mask; not allowing eating, drinking and sample tasting in the fairground; setting up temperature-screening stations; providing hand sanitiser at multiple locations around the venue; and stepping up the cleaning and disinfection of exhibitors' booths and the venue itself. All exhibition visitors will be required to use the LeaveHomeSafe mobile app to scan the venue QR code and present their Vaccine Pass at the fair entrance.

Physical ticket sales for the August exhibitions will not be available at the fairground to avoid cash usage and minimise contact. Visitors can pay with their Octopus card at the entrance toll booths to gain entry. To spread the flow of visitors and encourage the public to visit the exhibitions during non-peak hours, the HKTDC has introduced morning and night admission tickets at special prices. Details of the ticketing arrangements can be found below.

HKTDC Food Expo: https://hkfoodexpo.hktdc.com
HKTDC Home Delights Expo: https://homedelights.hktdc.com
HKTDC Beauty & Wellness Expo: https://hkbeautyexpo.hktdc.com
HKTDC Hong Kong International Tea Fair: https://hkteafair.hktdc.com
The International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM): https://icmcm.hktdc.com
August Happy Buy website: https://ecoupon.hktdc.com/food/
Hygiene measures and health tips: https://bit.ly/3S2wokS
Photo download: https://bit.ly/3OOBM8h

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
Ogilvy Public Relations:
Serena Chow, +852 9709 1318, serena.chow@ogilvy.com
Christy Lee, +852 9090 1314, christy.lee@ogilvy.com

HKTDC's Communications and Public Affairs Department:
Frankie Leung, +852 2584 4298, frankie.cy.leung@hktdc.org
Agnes Wat, +852 2584 4554, agnes.ky.wat@hktdc.org

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

Twin HKTDC Hong Kong International Jewellery Shows and Simply Shopping Fest Open Today

HONG KONG, Jul 29, 2022 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the 38th HKTDC Hong Kong International Jewellery Show and 8th HKTDC Hong Kong International Diamond, Gem & Pearl Show open today and run for five days (from 29 July to 2 August). The HKTDC is also staging the inaugural Simply Shopping Fest from today until 1 August, being held concurrently at the Hong Kong Convention and Exhibition Centre. The twin jewellery shows play host to more than 430 exhibitors while Simply Shopping Fest houses more than 570 exhibitors, offering the public an eventful place to spend the weekend and enjoy a one-stop shopping experience.


Organised by the Hong Kong Trade Development Council (HKTDC), the HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show are being held at the Hong Kong Convention and Exhibition Centre (HKCEC).

The 38th HKTDC Hong Kong International Jewellery Show and 8th HKTDC Hong Kong International Diamond, Gem & Pearl Show opened today and run until 2 August at the Hong Kong Convention and Exhibition Centre.

The concurrent Simply Shopping Fest has invited multiple pavilions to join, with product categories including Gourmet & Wine, Fashion & Jewellery, Home & Living, Toys & Leisure, Health & Beauty and Baby Essentials.


Officiating at today's opening ceremony for the jewellery shows was Peter Shui, Member of the Legislative Council. Speaking at the ceremony, Margaret Fong, Executive Director of the HKTDC, said: "In total, the three shows feature more than 1,000 exhibitors, making this a true shopping extravaganza for eager public visitors over the summer golden period. We hope the shows will generate plenty of business opportunities for all our exhibitors – and provide a great day out for members of the public."

Seven highlight zones present array of exquisite jewellery

This year's Hong Kong International Jewellery Show consists of seven distinct zones, including "World of Glamour", "Fine Jewellery", "Antique & Vintage Jewellery", "Silver and Finished Jewellery", "Watch Avenue", "Jewellery X Creativity" and "Tools & Equipment and Packaging". Many well-known local jewellers are joining the fairs to present their spotlight pieces, including the "Katherine Collection" jade and diamond jewellery set (booth 3F-C13) inspired by a light and shadow design concept, the latest "Fueki with Flying Balloon" collection (booth 3G-C23), the "Summer Palette" collection Southsea White Pearl Aquamarine 18K White Gold Diamond Set (booth 3G-F18), an 18K Gold Diamond Ring (booth 3E-B02) and Fish Jadeite Pendant (booth 3E-B29). There is also a comprehensive selection of wedding jewellery at the shows, including an 18K GIA Pink Diamond Ring (booth 3F-E20), the Heart-to-Heart series (booth 3E-F06), Calla Lily Pure Gold Collection (booth 3E-D02), an 18K Yellow & White Gold Diamond with Natural Golden South Sea Pearl Necklace and Brooch (booth 3E-C16) and more.

Complementing the dazzling pieces at the Jewellery Show, the Hong Kong International Diamond, Gem & Pearl Show features loose diamonds in various cuttings, sizes and colours, along with coloured gemstones, semi gemstones and pearls from different origins. Some of the bespoke products include the Finest Hearts & Arrows (booth 3D-B17), Marquise shape diamond (booth 3D-C10), Rainbow Sets (booth 3G-B32), Natural Fancy Colour Diamond Bracelet (booth 3D-C09), Natural Sleeping Beauty Turquoise Round Beads Strand (booth 3F-D31) and 12-15mm South Sea Pearl Necklace (booth 3G-E12). Jewellery lovers can choose their favourite jewellery materials and match them with different accessories to design and make their own unique jewellery items.

The Chuk Kam Jewellery Design Competition 2022 Award Presentation Ceremony and the 23rd Hong Kong Jewellery Design Competition Award Presentation Ceremony were held this afternoon to encourage and reward local jewellery design talents. The winning designs will be displayed in Hall 3FG concourse throughout the show. Newly launched in the Hong Kong Jewellery Design Competition this year is the "Most Popular Award". Visitors are able to vote for their favourite piece and receive a souvenir.

Fun activities for public, special privileges and limited-availability offers

Since the twin shows are fully opened up this year, a wide range of activities have been specially arranged for visitors. Sharing sessions by industry experts will help enhance the public's jewellery knowledge, including representatives from L'Ecole offering insights on "Diamond, Arts and Science" tomorrow (30 July), and David Wong, Founder and Project Manager of the Hong Kong Pearl Cultivation Association, talking about sustainable pearls at the "Say 'I Do' to the Planet: Why Choose Sustainable Pearls?" session on Sunday (31 July). Visitors can also join the Tahitian Pearl Stylish Bracelet Workshop and A Rosy Twist – Handmade Rose Earrings Workshop over the weekend (30 and 31 July) to create their own accessories, while representatives from Chow Tai Fook Jewellery Group and Loupe will discuss their expertise at the "Making Unique Jewellery: The Tradition and Future of Craftsmanship" sharing session next Monday (1 August).

Jewellery Smart Bidding sessions will be held during the shows, with auction pieces including an 18K colour diamond earrings and ring set and an 18K South Sea pearl diamond pendant. Bidding will start at 10% of the retail price. Many exhibitors are offering limited-time discounts of up to 70% during the shows in order to encourage more business. In addition, there will be jewellery parades and lucky draws throughout fair period. Visitors who spend more than HK$1,000 in one single purchase can enter into a lucky draw to win fabulous prizes such as a pure gold tiger ornament, a Bijoumontre Petite series watch and more. Those who spend more than HK$3,000 (the sum of no more than two receipts from different exhibitors) can redeem a special gift while stock lasts.

Six product zones feature gourmet foods, wines, homeware and more

With the theme "Always Vibrant for Shopping", Simply Shopping Fest features six product zones, namely Gourmet & Wine, Fashion & Jewellery, Home & Living, Toys & Leisure, Health & Beauty and Baby Essentials. Highlight products include red wine from a broad selection of regions (booth 5E-E09), tea series fragrance oil and perfume (booth 5G-A48), multifunctional kitchenware (booth 5F-D40), a floor cleaning robot (booth 5F-D24) and much more.

Multiple pavilions are featured at Simply Shopping Fest, including "The Hong Kong & Kowloon Provisions, Wine & Spirit Dealers' Association x Nam Pak Hong Association", "Hong Kong People and Brands", "Beverage and Food Community", "Hong Kong General Chamber of Wine & Spirits", "Hong Kong Wine and Spirits Association", "Hong Kong Small and Medium Enterprises Association", "Hong Kong Furniture and Decoration Trade Association", "Hong Kong Quality Brands Alliance", "STORE by PolyU Fashion", "Korean Chamber of Commerce in Hong Kong", "Fashionally" and more. The pavilions feature a variety of products such as an eczema care kit (booth 5E-E24), Japanese sugarless plum wine (booth 5E-F14), quality French wine from renowned vineyards (booth 5E-C24), locally designed mask covers (booth 5E-G27), a smart door viewer (booth 5F-F33) and home textile products (booth 5F-E09).

Numerous shopping offers and lucky draw

A number of exhibitors at Simply Shopping Fest will launch pop-up sales or limited-time offers at different periods during the event, including bargains such as HK$1 for ECdental toothpaste (booth 5E-G15), HK$100 for four packs of healthy soup ingredients (booth 5E-B24), HK$500 for four 200g boxes of Miyazaki Wagyu sliced beef (booth 5E-D17) and HK$1 for Spanish Iberian pork ham (booth 5E-H45). Simply Smart Bidding sessions are open for shoppers to bid on popular items starting at 10% of the retail price. Visitors can bid for a trendy watch from HK$120 (original price: HK$1,198), a pair of 14K gold earrings from HK$100 (original price: HK$1,000) and a whole Jamon Serrano 24 Month Gran Reserva from HK$400 (original price: HK$3,980).

The Simply Lucky Draw is arranged every day of the event, open to visitors who spend more than HK$200 in a single receipt. Prizes include hotel accommodation packages, accessories, healthcare products and more. Over a hundred e-coupons are listed at the fair website offering exclusive discounts. What's more, numerous exciting events are scheduled over the four days including the Hong Kong Tasting Trendies Sake Awards 2022, Cooking with Chef Kitty, Oppa's Cuisine – Food and Wine Pairing, taekwondo performances, Chinese calligraphy appreciation, makeup demonstrations, Chinese medicine and ketogenic diet sharing sessions.

KOL livestreaming enabling O2O shopping experience

Multiple livestreaming sessions helmed by key opinion leaders (KOLs) will run from today for four consecutive days at the twin jewellery shows. The KOLs will introduce exclusive discounted items from selected exhibitors while visiting their booths. They will also interact with viewers, showing them a variety of jewellery pieces and sharing the lively atmosphere at the fairground. The public can also watch livestream broadcasts of the two jewellery shows through the Facebook pages of Sanchuanpro and Zero One Media Company Limited, which partner with Source Network Media Group Limited. Those who successfully place orders through the KOL livestream broadcasts can redeem free entry to the event to pick up their purchases and shop for more.

The public can also download the LOOPLIVE app to watch a series of live broadcasts from the Simply Shopping Fest hosted by various local KOLs while shopping for their favourite items and enjoying discounts, including HK$159 for a 6-in-1 function pulse massager, HK$68 for the O Steam Hair Mask Step 1+2 and more. App viewers can also take advantage of a "buy online, pick up onsite" service by ordering and paying for products online and picking them up at the fairground.

Websites
– Hong Kong International Jewellery Show: https://hkjewelleryshow.hktdc.com
– Hong Kong International Diamond, Gem & Pearl Show: https://hkdgp.hktdc.com
– Free ticket registration: https://bit.ly/3bY2ddV
– Simply Shopping Fest: https://ssf.hktdc.com/en
– Free ticket registration: https://bit.ly/3uIBVTo
– Shopping Jetso: https://bit.ly/3yDNLzC
– Details of interesting products and activities: https://bit.ly/3auSg7H
– Photo download: https://bit.ly/3PJOcQa

Photo Caption:
Officiating at today's opening ceremony are: (front row, from L) Billy Lau, Honorary President & Director, Hong Kong Jewellery and Jade Manufacturers Association; Kent Wong, Chairman, Hong Kong Jewellers' and Goldsmiths' Association; Lawrence Ma, Chairman, Hong Kong International Jewellery Show and Hong Kong International Diamond, Gem & Pearl Show Fair Organizing Committee, Hong Kong Trade Development Council, and Founding President and Chairman, Diamond Federation of Hong Kong; Peter Shiu, Member of the Legislative Council; Margaret Fong, Executive Director, Hong Kong Trade Development Council; Winston Chow, Chairman, Hong Kong Trade Development Council's Jewellery Advisory Committee; Bronia Yip, Chairwoman, Hong Kong Jewelry Manufacturers' Association; and Victor Yiu, Vice President, Diamond Federation of Hong Kong
https://www.acnnewswire.com/topimg/Low_HKTDC202207292.jpg

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:
Please contact HKTDC's Communications & Public Affairs Department:
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org

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

Spartan Capital: Society Pass (Nasdaq: SOPA) – Southeast Asia eCommerce Super-App With Billion Dollar Potential

SINGAPORE, Jul 27, 2022 – (ACN Newswire) – Spartan Capital Securities LLC ("Spartan Capital") issues Equity Research Report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").

Click Here https://bit.ly/3Bmg3l4 (on Society Pass website) or Here https://bit.ly/3vfGzc2 (with Spartan Capital Securities account) to view the full Spartan Capital Equity Research Report.

Summary Points:

– Society Pass aspires to be the next major Southeast Asia ("SEA") super-app. Comparable success stories such as Lazada, GoTo and Grab have all been accorded multi-billion valuations.

– Spartan Capital forecasts SoPa to generate $7.2 million in revenue in 2022, $29.3 million in 2024, up 308% and $59.8 million in 2024, up 104%. Spartan Capital forecasts EBITDA loss narrowing from $10 million in 2022 to just $5.6 million in 2024, then turning positive in 2025.

– Spartan Capital likens SoPa to what Masayoshi Son has done with SoftBank, headquartered out of Japan, although with an exclusive focus on e-commerce and SEA.

– SoPa operates in five SEA countries (Singapore, Vietnam, Indonesia, Philippines, and Thailand), all are vibrant open economies, recovering from Covid lockdowns and now seeing dynamic growth. SEA consumers are younger and more tech-savvy than counterparts in the US.

– SoPa owns 8 portfolio companies in food/beverage (F&B), luxury goods, telecoms, digital media, travel and merchant software sectors and ties them together with its Society Points loyalty program. The eight business units are:
— Leflair – a Vietnam luxury goods flash sale e-commerce company akin to Groupon.
— NusaTrip – an Indonesia travel website company serving the region akin to Expedia.
— Thoughtful Media Group – a Bangkok-based social commerce firm serving US and Asian brands.
— Gorilla Networks – a Singapore blockchain-enabled MVNO serving the mobile/travel markets.
— Mangan – Philippines largest local restaurant food delivery company akin to GrubHub/DoorDash.
— Handycart – a Hanoi, Vietnam restaurant delivery company poised to enter Saigon.
— Pushkart – a Philippines supermarket delivery company akin to Instacart.
— #HOTTAB – a Vietnam restaurant and hotel terminal/back-end software management platform.

– Society Points and SoPa's 8 subsidiaries offer multiple ways for consumers to earn loyalty points and to redeem such loyalty points for things of value.

– Operating under a matrix management structure, SoPa is led by entrepreneurial Founder, Chairman and CEO, Dennis Nguyen, and a strong team of C-suite executives, business unit CEOs and country managers.

– Over half of SoPa's executives are female.

About Society Pass

As a loyalty and data marketing ecosystem in Singapore, Vietnam, Philippines, and Thailand and with offices located in Singapore, Hanoi, Ho Chi Minh City, Manila, Angeles and Bangkok, SoPa is an acquisition-focused e-commerce holding company operating 7 interconnected verticals (loyalty, merchant software, lifestyle, F&B, telecoms, digital media, and travel), which seamlessly connects millions of consumers and thousands of merchants across multiple product and service categories throughout SEA.

SoPa's business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. The Society Pass loyalty platform drives customer acquisition and retention for merchants. Since its inception, SoPa has amassed over 2.1 million registered consumers and over 6,700 registered merchants/brands onto 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 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. SoPa operates #HOTTAB Biz and #HOTTAB POS – a Vietnam-based POS, CRM and analytics technology solutions provider for small and medium-sized enterprises, Leflair.com, Vietnam's leading lifestyle e-commerce platform, Pushkart.ph, a popular grocery delivery company in Philippines, Handycart.vn, a leading online restaurant delivery service based in Vietnam, Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator, Thoughtful Media Group, a Bangkok-based, a social commerce-focused, premium digital video multi-platform network, and Mangan, a leading local restaurant food delivery company in Philippines. For more information, please check out: http://thesocietypass.com/.

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

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

32nd HKTDC Hong Kong Book Fair attracts 850,000 visitors

HONG KONG, Jul 26, 2022 – (ACN Newswire) – The 32nd HKTDC Hong Kong Book Fair, 5th HKTDC Sports and Leisure Expo and 2nd HKTDC World of Snacks, all organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully today. As the first large-scale event in 2022, the seven-day Book Fair and associated events brought together more than 700 exhibitors offering a diverse experience for shoppers that included books, sports and leisure products, and snacks. The three events drew 850,000 visitors, with average per capita spending of HK$879. The huge success of the concurrent fairs augurs well for the HKTDC's upcoming exhibition series.


The Hong Kong Book Fair drew to a successful close today. The seven-day event attracted 850,000 visitors.

Exhibitors presented books related to theme of the year – "History and City Literature".

Visitors show great interest in buying books written by the celebrated late novelist Ni Kuang.


Keen participation in diverse range of cultural activities and seminars

This year's Book Fair is one of the events celebrating the 25th anniversary of the Hong Kong Special Administrative Region (HKSAR). Sophia Chong, Deputy Executive Director of the HKTDC, said: "We are very grateful to all our exhibitors and visitors for their support for the Book Fair, the Sports and Leisure Expo and World of Snacks. Some visitors even brought their whole family along! Under the theme of the year, 'History and City Literature', visitors showed great interest in related books, particularly cultural topics such as the history of the Forbidden City. Visitors also participated in various cultural events, seminars and recreational experiences. The HKTDC will continue to work with our Cultural Events Advisory Panel to bring even more diversity to the Book Fair in order to promote reading and cultural exchange more comprehensively. We look forward to our twin jewellery shows and Simply Shopping Fest, opening on 29 July, which will boost local consumption and introduce more business opportunities for exhibitors."

Echoing the comments by Ms Chong, Book Fair exhibitors said that books related to this year's theme were among the best-selling genres at the event, including books on topics such as the history of the Forbidden City that enabled readers to get a better understanding of China's past. Meanwhile, books related to health and self-improvement and children's books were also popular and drew good business.

Fiction, literature, comics, travel and children's book revealed as most popular genres

More than 800 visitors to the Book Fair were interviewed by a research institute commissioned by the HKTDC to get an insight into their spending and reading habits. The survey showed that the average spending at this year's fair was HK$879 – recording an increase from last year (spending in 2021 was HK$817) and accounting for 71% of respondents' average annual expenditure on printed books (HK$1,238). This demonstrates that the Book Fair remains an important platform for local people to get access to quality reading materials. The majority of respondents (82%) attended the Book Fair to seek out new releases while 41% came for book discounts, 17% visited for the diverse cultural activities, and 15% intended to buy children's books.

The survey also revealed the reading habits and preferences of attendees, with 95% of respondents saying they had read printed books in the past month with an average reading time of 19 hours. The most popular genres were fiction (57%), literature (25%), comics (21%), travel (18%) and children's books (17%). Other popular genres were language books, supplementary exercises, self-improvement, history and biographies. The survey found that more than 65% of respondents had read e-books in the past month, also spending an average of 19 hours reading.

57% of respondents use electronic payment methods

Reflecting the influence of the pandemic, 57% of respondents settled payment using non-cash methods, including Octopus cards and credit cards, showing a rise from 49% last year. Visitors also rated the crowd control measures at the fairs positively, with 89% saying they were satisfied with the crowd control measures, and 90% expressing satisfaction with the new Octopus payment admission arrangements. To safeguard the health and safety of exhibitors and visitors, preventive measures were implemented, including temperature checkpoints and hand-sanitising facilities, which were acknowledged by 89% of the survey respondents. The measures implemented by the HKTDC made visitors feel more at ease when visiting the fairs.

Exhibitions, seminars and more to continue in Cultural July

This year, the HKTDC organised more than 600 seminars and cultural activities, including the theme of the year "Reading the World: Stories of Hong Kong" seminar series, "History and City Literature", "Renowned Writers", "English and International Reading", "World of Knowledge", "Children and Youth Reading", "Lifestyle", "Hong Kong Cultural and Historical", and "Personal Development and Spiritual Growth". Together with the "Cultural July – Summer of Reading" campaign held in various districts since late June, the estimated number of participants for the various activities exceeded 320,000. Some of the seminars in the "Renowned Writers" seminar series were broadcast online in collaboration with Sina Weibo, allowing book lovers outside Hong Kong to participate virtually.

Recordings of selected seminars are available online. Readers can revisit them through the Book Fair website or via the HKTDC's online video channels. The Cultural July citywide campaign continues until the end of this month with a broad range of activities including art and cultural tours, exhibitions and seminars. For details, please visit the Cultural July website at http://www.hkbookfair.hktdc.com/CulturalJuly

Sports and Leisure Expo and World of Snacks were well received

Offering a broad selection of sports and leisure products and services along with more than 1,200 tasty treats and snack workshops, the Hong Kong Sports and Leisure Expo and World of Snacks also concluded today. The former featured various trials and interactive experiences while the latter offered visitors a chance to buy treats from around the world and make their own snacks. Both events saw keen participation and exhibitors reported excellent sales.

Following these three exhibitions, the HKTDC will organise a series of events in the summer, including Simply Shopping Fest (29 July to 1 Aug), the Hong Kong International Jewellery Show (29 July to 2 Aug), Hong Kong International Diamond, Gem and Pearl Show (29 July to 2 Aug), Food Expo (11 to 15 Aug), Beauty & Wellness Expo (11 to 15 Aug), Home Delights Expo (11 to 15 Aug), and the Hong Kong International Tea Fair (11 to 13 Aug). These events will cater to the varying needs of the public while helping businesses expand their local retail market and provide a boost to Hong Kong's economy at the same time.

Photo download: https://bit.ly/3oqdKWs

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

Hong Kong Book Fair

HKTDC's Communications & Public Affairs Department:
Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

Yuan Tung Financial Relations:
Agnes Yiu, Tel: +852 3428 5690, Email: ayiu@yuantung.com.hk
Fung Wong, Tel: +852 3428 3122, Email: hfwong@yuantung.com.hk

Hong Kong Sports and Leisure Expo, World of Snacks

HKTDC's Communications & Public Affairs Department:
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

Yuan Tung Financial Relations:
Tiffany Leung, Tel: +852 3428 2361, Email: tleung@yuantung.com.hk

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

KOHLER, together with Lazada Singapore, to bring 30 leading lifestyle brands under one roof in month-long online to offline shopping experience

SINGAPORE, Jul 21, 2022 – (ACN Newswire) – KOHLER, a global lifestyle brand and leader in kitchen and bath products, has partnered with Lazada Singapore to bring 30 complementary leading lifestyle brands together for the first time, to provide online shoppers with a curated showcase of luxurious home, kitchen, bath, and lifestyle products they can experience in-store. Come Home to KOHLER & Friends (Powered by Lazada) utilises Lazada's powerful e-commerce platform to complete the shopping experience and is aimed at satisfying changing consumer habits post-pandemic.


Thematic spaces featuring various ranges of KOHLER's products, complemented by 29 participating brands at Come Home to KOHLER & Friends (Powered by Lazada) – Photo by Kohler

All the 30 lifestyle brands coming together for the first time for Come Home to KOHLER & Friends (Powered by Lazada)


The month-long event will provide consumers with a unique immersive in-store feel to the digital shopping experience and offer a one-stop solution for shoppers to experience all 30 brands side by side in real-life home settings. KOHLER and the other 29 brands will showcase their curated range of products at the KOHLER Experience Centre (KEC) from 15 July to 15 August 2022.

The 822 sqm KEC occupying two units of shophouses along Peck Seah Street will house several thematic spaces featuring various ranges of KOHLER's innovative, intuitive, and immersive products, complemented by participating brands such as Samsung, Bang & Olufsen, LEGO, L'OCCITANE, Razer, Nespresso, OSIM, Tefal, WMF, and Philips Lighting. The curated showcase is perfect for first-time homeowners looking for inspiration for their new home or existing homeowners looking to refresh various areas of their homes. Shoppers can explore the different themes throughout multiple levels of KEC and view dedicated spaces such as the living room, bedroom, study, kitchen, and bathroom.

Each themed bathroom and living space are thoughtfully furnished by Kohler designers and representatives from the other brands. As soon as shoppers are inspired by any product they see, they can scan QR codes to purchase on the Lazada app. This means that shoppers can fully immerse themselves in these dedicated home spaces, check out and enquire about the products on display, purchase online immediately, and head home to wait for their items to arrive. This is the future of shopping.

"We are collaborating with Lazada to provide online customers with what they want – an immersive online to offline (O2O) shopping environment to have a real-life experience of how our products feel, look and work, and ask questions for an informed purchase," said Leo Leong, General Manager, Kohler Kitchen & Bath Group, North and Southeast Asia. "This is further complemented by our partnering brands which have collaborated with us to showcase their products in this new experience. Not just that, shoppers can enjoy online prices of up to 60% off during the fair and shopping benefits through the LazMall pages with peace of mind knowing that the products purchased are 100% authentic, with *free returns!"

At KEC, shoppers will also be treated to freebies and giveaways and the opportunity to register for cooking and home interior decor workshops on selected dates available for booking in person. During Come Home to KOHLER & Friends (Powered by Lazada), the KEC is opened to the public from 15 July to 15 August 2022, daily from 10am to 9pm, including Sundays.

*Free shipping and return policies vary with brands and sellers.

Notes to Editors
Come Home to KOHLER & Friends (Powered by Lazada)
15 July to 15 August 2022
KOHLER Experience Centre
52/54 Peck Seah Street, Singapore 079320
Tel: 6224 0039
Lazada URL: https://bit.ly/KOHLERFriends
Media Images can be downloaded here https://tinyurl.com/tav95en2

Featured Kohler products on sale
(1) More than 50% off Veil Dual Flush Two-Piece Toilet – $846 (U.P. $1,782)
(2) 50% off Family Care Bathroom Furniture – $1,002 (U.P. $2,004)
(3) 20% off Moxie Handshower, sound by Harman Kardon – $399 (U.P. $499)
(4) 45% off Malleco Touchless Pull-down Kitchen Faucet – $873 (U.P. $1,587)
(5) 50% off KOHLER Malleco Single Kitchen Sink – $690 (U.P. $1,368)

Check out other amazing offers on display by other participating leading lifestyle brands.

Giveaways/promotions during Come Home to KOHLER & Friends (Powered by Lazada)
– The top 10 spenders stand to win amazing prizes from KOHLER, OSIM or Bang & Olufsen worth more than $8,000. (Minimum spending of $800 is required to qualify)
– Spin & Win – Shoppers who spend a minimum of $80 during the fair will stand a chance to win Manchester United premiums.
– Sing For Sale – Sing your heart out and enjoy 40% off Moxie Handshower, sound by Harman Kardon from only $299 (U.P. $499)

Activities & Workshops
Sessions are free. Please register 15 mins before each workshop at KEC.
– Cooking Workshop with Chef Ivan Yeo with Food Tasting; Dates: Saturday, 30 July 2022; Time: 4pm to 6pm
– Home Interior Seminar by Bowerman Interior; Date: Sunday, 7 Aug 2022; Time: 3pm to 4pm

About Kohler Co.

Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America's oldest and largest privately held companies, with more than 35,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; engines and power systems; luxury cabinetry and tile; and owner/operator of two five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations. For more details, please visit KOHLER.SG.

About KOHLER on LazMall

As part of KOHLER's mission of providing a higher level of gracious living for those touched by our products and services, KOHLER's online store on LazMall offers our customers another convenient way to shop for our quality and innovative kitchen and bath products. With over 100 products ranging from toilet, lavatory, faucet, bathroom furniture, bathroom accessories, and kitchen sink and faucet available online to choose from, our customers can be assured that our products are 100% authentic, with 15-day easy returns and free delivery.

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

32nd HKTDC Hong Kong Book Fair, 5th Sports and Leisure Expo and 2nd World of Snacks open to the public today

HONG KONG, Jul 20, 2022 – (ACN Newswire) – The 32nd HKTDC Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), begins today at the Hong Kong Convention and Exhibition Centre (HKCEC) and runs until 26 July. Running in tandem with the Book Fair are the 5th HKTDC Hong Kong Sports and Leisure Expo and 2nd HKTDC World of Snacks. Together, they are host to more than 700 exhibitors. Officiating at today's opening ceremony for the three events was John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), along with Dr Peter K N Lam, Chairman of the HKTDC, and Margaret Fong, Executive Director of the HKTDC.


John Lee (front row, centre), Chief Executive of the Hong Kong Special Administrative Region, officiated at today's opening ceremony for the 2022 HKTDC Hong Kong Book Fair along with Dr Peter K N Lam (front row, R), Chairman of the HKTDC, and Margaret Fong (front row, L), Executive Director of the HKTDC.

Hong Kong's literature lovers eagerly awaited the opening of the Book Fair in the hope of buying their favourite books and discovering new reading adventures.

The second edition of World of Snacks presents a global selection of tasty treats.


As one of the events celebrating the 25th anniversary of the establishment of the HKSAR, this year's Book Fair, under the theme "History and City Literature" and with the tagline "Reading the World: Stories of Hong Kong", has gathered numerous acclaimed writers and will host more than 600 seminars and cultural activities at the HKCEC and across the city to celebrate the joy of reading.

Dr Peter K N Lam, Chairman of the HKTDC, said: "As the first large-scale public event this year, we hope the Book Fair can help bring positive energy to the community. This year's theme is 'History & City Literature'. The fair's Art Gallery features five 'History Writers' and 25 books from the 'City Literature' category chosen to mark the 25th Anniversary of the HKSAR. We hope the public can discover and be inspired by the city's historical development."

Thematic exhibitions highlight Hong Kong's culture and history

In keeping with this year's Book Fair theme, four exhibitions are being staged at the Art Gallery in the HKCEC Hall 3 Concourse. The "History Writers" exhibition features the works of five outstanding writers, namely (in no particular order) Ting Sun-pao, Lui Tai-lok, Elizabeth Sinn Yuk-yee, the late Yeh Ling-feng and Cheng Po-hung. A selection of their books, out-of-print works, manuscripts and precious memorabilia is on display to help readers understand the philosophy and inspiration behind their lives and works.

Ting Sun-pao will share his experiences delving into the past in a seminar titled "My Journey on Historical Research" this Friday (22 July), while Lui Tai-lok will analyse the historical context of Hong Kong from multiple perspectives in the seminar "Hong Kong Society's Social Landscape: Description" (23 July). Elizabeth Sinn Yuk-yee will discuss the ups and downs experienced in her historical research in the seminar "Hardships and Joys in 40 years" (24 July). Yeh Zhong-min, attending the Book Fair on behalf of her late father, Yeh Ling-feng, will speak about his research into Hong Kong's literature and history in the seminar "Hong Kong – My Second Home" (25 July). Meanwhile, Cheng Po-hung discusses the city's culinary delights and entertainment development in two seminars, "A Century of Hong Kong Food and Delicacies" (20 July) and "A Century of Hong Kong's Entertainment" (25 July).

"City Literature" features 25 literary works about Hong Kong by renowned local writers, including Xiao Si, Xi Xi, Eileen Chang, Shu Xiang-cheng, and Liu Yi-chang. There is an interactive exhibition that takes readers on a tour of the city from multiple perspectives through words and texts.

The two other thematic exhibitions are "Tastes of Hong Kong" and "Hong Kong Architecture". Working in collaboration with Cheng Po-hung, Lau Tsz-chun, James Ng, Ng Gui-long, the Chinese Culinary Institute, Tao Heung Museum of Food Culture and Yung Kee Restaurant, "Tastes of Hong Kong" presents the evolution of Hong Kong's culinary culture through valuable artefacts. The "Hong Kong Architecture" exhibition is run in partnership with Urban Sketchers Hong Kong and National Geographic, showcasing paintings and photographs by artists depicting Hong Kong's historical sites and city landscapes.

"Eight Seminar Series" connects writers with booklovers

The "Eight Seminar Series" continues to be a major highlight at the Book Fair. The topics this year cover a wide spectrum of literary interests, including "Stories of Hong Kong", "Renowned Writers", "English and International Reading", "World of Knowledge", "Children and Youth Reading", "Lifestyle", "Hong Kong Culture and History", and "Personal Development and Spiritual Growth". Authors and booklovers are able to interact and exchange ideas at the seminars.

Partnering with Ming Pao and Yazhou Zhoukan, the HKTDC has again organised the "Renowned Writers Seminar Series", inviting leading authors to share their creative journey and insights. Documentary photographer Liu Heung-shing shared his insights on capturing the visual history of the city in person today (20 July). Art curator Li Pi will describe how the M+ Museum has made Hong Kong a cultural capital in the region (21 July), while Hong Kong writer Shum Sai-shing will reminisce about the late Ni Kuang in the seminar "Recalling Our Literary Giant – Ni Kuang" (23 July).

The "English and International Reading Series" supported by Book Depository, an international online bookstore, has invited a number of famous English- and foreign-language writers to host virtual and in-person seminars, helping readers learn more about foreign cultures. Two British writers, Clare Mackintosh and Gillian McAllister, met reading enthusiasts virtually today (20 July). Clare Mackintosh described the way she moved from being a police officer to an accomplished crime writer, while Gillian McAllister shared her creative journey and the sources of her ideas.

This year's fair also continues with the "Storytelling by Celebrities" events, inviting former Chinese champion diver Guo Jing-jing, Chief Executive of the Consumer Council Gilly Wong and Hong Kong Museum of Art Chief Curator Mok Ka-wing to tell their inspirational stories to children. For seminars registration and authors line-up at the Book Fair, please visit: https://hkbookfair.hktdc.com/en/Events/Event-Schedule.html

Thematic zones present diverse cultures

The Book Fair features numerous thematic zones, including General Books Pavilion, English Avenue, University Press Square, Spirituality Zone, Children's Paradise and more. The International Cultural Village is attended by representatives of various consulates in Hong Kong to promote their own cultures and publications. The Consulate General of France in Hong Kong and Macau will present French culture through classic works of art in the seminar "Uncovering the Smile of the Mona Lisa", while the Consulate General of Switzerland in Hong Kong and Macau will introduce the attractions of Switzerland in the seminar "Exploring Switzerland through Train Rides". The Virtual Classroom zone continues to cater to the new normal in teaching. For instance, a Hong Kong start-up highlights its research and development into cloud-based interactive virtual classrooms, providing artificial intelligence and programming certificate courses and assisting schools to promote science and technology education.

Cultural July in hybrid mode

Alongside the Book Fair, the HKTDC is collaborating with numerous partners, including the Leisure and Cultural Services Department, publishers, cultural and educational institutions, shopping malls and cafes, to organise a series of more than 300 cultural events in the 18 districts of Hong Kong as part of the "Cultural July" campaign. This year, a set of four exquisite Chocolate Rain stickers has been designed for the event. Participants can redeem gifts at the Book Fair after collecting a full set of four stickers. For further details, please visit: https://hkbookfair.hktdc.com/CulturalJuly

Exciting experiences at Sports and Leisure Expo

This year's Hong Kong Sports and Leisure Expo features eight thematic zones – Sports Hub, Outdoor Adventure, Health & Fitness, Fun & Learn, Board Games, Photography World, Japan Pavilion and Handicraft Market – presenting a variety of sports and leisure brands, products and experiences.

A range of fun activities is offered in the Sports Hub zone for visitors to enjoy free of charge, including an e-sports racing competition and simulator trials, lacrosse demonstrations and mini-games. Exhibitors from the Health & Fitness zone are offering free massages and a massage-chair experience while Fun & Learn promotes boules and petanque along with a 3D printing workshop. Hong Kong racing driver Darryl O'Young and members of the Hong Kong Baseball Association have also been invited to join the sharing sessions at the expo.

The Japan National Tourism Organization (JNTO) and nine Japanese prefectures and cities have once again joined the Japan Pavilion to showcase the country's attractions and cultural characteristics. JNTO's experience hall has set up a Japanese hotspot map to display the featured attractions and delicacies of many counties and cities. Visitors can choose their own Japanese tour route from the map according to their preferences. Meanwhile, Kadokawa Corporation, among the top four publishing houses in Japan, has collaborated with Tottori Prefecture to introduce local cultural highlights and bestselling books and magazines from Japan. There will also be sessions on traditional Japanese dance, strategies for travelling in Japan and more to showcase the charm of Japanese culture.

In addition, Photography World and Board Games showcase a variety of products, including the world's first F2 aperture mirrorless camera with a high-magnification zoom lens, Kodak cameras, and fascinating table games with Hong Kong themes.

World of Snacks returns with global selection of tasty treats

Following the success of last year's debut event, World of Snacks returns to feature six thematic zones – Travel Delights, Chocolate and Sweet Factory, Oldie Snacks, Yummy & Healthy, Party Time and Snack Bar – bringing together more than 1,200 popular treats from across the globe.

Public safety is a top priority for the HKTDC, and various measures have been implemented throughout these concurrent events to protect the health of the participants. All staff members, exhibitors and visitors are required to wear masks in the venue, use the LeaveHomeSafe mobile app and show their COVID-19 vaccination record before entering the HKCEC in accordance with the HKSAR Government's COVID-19 protocols. Other onsite safety measures include temperature-screening stations, the provision of hand sanitisers and disinfection items at multiple locations around the HKCEC, as well as enhanced cleaning and disinfection provision at the venue. Visitors are encouraged to make purchases using e-payment, which is accepted by about 85% of the exhibitors.

To ensure a more even flow of visitors throughout the day, the HKTDC has introduced morning admission tickets, night admission tickets as well as a special re-entry promotion. There are no physical ticket sales at the fairground in order to avoid the use of cash and minimise contact. Visitors can pay with their Octopus cards at the entrance's toll booths. More details of the ticketing arrangements can be found below.

The HKTDC Education & Careers Expo will be held at the HKCEC from tomorrow (21 July) to 24 July, running in parallel with the Book Fair and other events. Youngsters and jobseekers can access the latest information on education and career opportunities at this one-stop event. Admission is free of charge.

Websites:
– Hong Kong Book Fair: http://www.hkbookfair.com
– Cultural July: https://hkbookfair.hktdc.com/CulturalJuly
– Hong Kong Sports and Leisure Expo: https://hksportsleisureexpo.hktdc.com
– World of Snacks: https://worldofsnacks.hktdc.com
– Education & Careers Expo: https://hkeducationexpo.hktdc.com
– Photo download: https://bit.ly/3yTwkuV
– Photos of the exhibits, key speakers and other Book Fair highlights can be found at: http://bitly.ws/sJtk

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 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

Hong Kong Book Fair

HKTDC's Communications & Public Affairs Department:
Clementine Cheung, Tel: +852 2584 4514, Email: clementine.hm.cheung@hktdc.org
Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org
Sam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org

Yuan Tung Financial Relations:
Agnes Yiu, Tel: +852 3428 5690, Email: ayiu@yuantung.com.hk
Hing-Fung Wong, Tel: +852 3428 3122, Email: hfwong@yuantung.com.hk

Hong Kong Sports and Leisure Expo, World of Snacks

HKTDC's Communications & Public Affairs Department:
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

Yuan Tung Financial Relations:
Tiffany Leung, Tel: +852 3428 2361, Email: tleung@yuantung.com.hk

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

Elevating a ‘Simple’ Shopping Cart Security Lock with the Power of Artificial Intelligence

HAIFA, Israel, Jul 19, 2022 – (ACN Newswire) – In a new 'twist' on the traditional "Coin-Operated Trolley Lock", used by supermarkets around the globe, Tracxpoint has now developed the T-Loc(R), an Intelligent Locking Device for standard shopping trolleys, that is more secure and 100% connected to supermarket data systems.


Tracxpoint's T-Loc(R) and CHECXiN(R) Terminal with connected shopping trolleys.

Single Tracxpoint T-Loc(R) attache to a trolley.


"With the rollout of our Daivi(R) Smart Cart and CHECXiN(R) Cart Management products, we received many inquiries from budget-conscious grocers about the possibility of 'getting their feet wet' with a less robust solution. Several retailers were already using coin-operated locks, so our Engineers decided to 're-imagine' this type of security device to connect with our AI-Driven ecosystem." said, Gidon Moshkovitz, Chief Strategy Officer of Tracxpoint. "T-Loc(R) may appear as a simple chain-locking mechanism, but the data and insight it provides to store operators is exceptionally valuable and unmatched."

The T-Loc(R) can be unlocked by scanning a QR Code printed on the main housing using the stores' Rewards/Loyalty mobile app, or by the traditional use of inserting a coin for guest shoppers. Once unlocked, the device begins sending data to store servers; such as the location of the trolley, and duration of a shoppers' visit, which combines to generate daily store Heat Maps, providing managers with great insight into customer movement and store layout analytics.

With the ability for T-Loc(R) to broadcast its coordinates, locating abandoned trolleys outside of the store or retrieving a 'remote count' of trolleys in-or-near a return kiosk is as easy as turning on the Television. Aside from the built-in WAY(R) Indoor Positioning System, T-Loc(R) also broadcasts a unique signal to area CHECXiN(R) terminals, to not only identify its proximity, but via daisy-chain connectivity, the proximity of other trolleys that may be too far away to directly connect with the CHECXiN(R) terminal; effectively reducing theft or loss.

Anti-theft and General Analytics are not the only features of the T-Loc(R). Like the Daivi(R) Smart Cart, shoppers using a stores' mobile app may earn rewards for safely returning and re-locking the trolley, while also receiving personalized and location-based coupons during their shopping journey. Coupons may be accessed within the store's mobile app itself and scanned at checkout. No personally identifiable data is ever collected or shared.

With less required infrastructure and easy installation, Tracxpoint's T-Loc(R) intelligent locking device provides grocery retailers with a solid foundation to begin generating customer data and insights to refine operation, while securing the fleet, at minimal cost.

Tracxpoint is set to deploy the AI-Driven T-Loc(R) units, in Q4, 2022.

Additional details may be found on the Tracxpoint website https://tracxpoint.com/products-and-systems/t-loc/

About Tracxpoint

Tracxpoint is a leading global provider of next-generation grocery and retail self-checkout solutions, and the inventor of the Daivi(R) Artificial Intelligent Shopping companion, which is the world's first, and only, AI-Computer Vision smart cart that can see and recognize products as well as the human eye. Established in 2016, Tracxpoint is headquartered in Coral Gables, Florida, USA with R&D/Sales Offices in Haifa, Israel. For more information about the company, leadership, and products, please visit https://tracxpoint.com.

CONTACT:
scott ilg
Marketing & Communications
+1 (786) 383-2553
scott.ilg@tracxpoint.com

SOURCE: Tracxpoint, LLC

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

HKTDC International Sourcing Show run with new EXHIBITION+ model draws to successful close

HONG KONG, Jul 18, 2022 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the International Sourcing Show physical fair, run with the new EXHIBITION+ (EPLUS) model, drew to a successful close on 15 July. Over 20,000 industry buyers attended the physical event and browsed products online. The event facilitated more than 5,000 business meetings, connecting exhibitors with global buyers both online and offline.


The International Sourcing Show drew to a successful close on 15 July. A large number of industry players were attracted to join the physical fairs.

The physical fairs were held in the form of display showcases, presenting products from seven trade fairs with more than 1,730 exhibitors from 12 countries and regions.

The International Sourcing Show ran with the brand-new online exhibition model EXHIBITION+, facilitating more than 5,000 business meetings online and offline, connecting exhibitors with global buyers.


The International Sourcing Show attracted more than 1,730 exhibitors from 12 countries and regions, presenting in excess of 83,000 products. The show gathered seven trade fairs under one umbrella, including the HKTDC Hong Kong Electronics Fair (Spring Edition), Hong Kong International Lighting Fair (Spring Edition), Hong Kong Gifts & Premium Fair, Hong Kong Houseware Fair, Hong Kong Fashion Week, Hong Kong International Home Textiles and Furnishings Fair, and the Hong Kong International Printing & Packaging Fair (jointly organised by the CIEC Exhibition Company (HK) Limited). The new EPLUS model helped extend interactions between exhibitors and buyers to the online platform, helping enterprises to continue exploring "blue ocean" opportunities via the smart online business-matching platform Click2Match and hktdc.com Sourcing.

Positive feedback from EPLUS users

Participating exhibitors proactively used Click2Match to search for potential partners and took the initiative to arrange meetings with buyers from all over the world at their own convenience. Sophia Chong, Deputy Executive Director of the HKTDC, said: "As the first event to use the new EPLUS exhibition model, the International Sourcing Show has generated positive feedback from users. We are happy to see many exhibitors harness the platform to seize business opportunities, contact global buyers, and facilitate order agreements around the clock and across borders. We will continue to use EPLUS in our upcoming trade fairs to further assist different sectors of Hong Kong business to connect with international buyers."

Connecting to global buyers via online and offline business matching meetings

Rosana Lau, Deputy Marketing Manager of Gold China Development Ltd, which specialises in the production of kitchenware, tableware and home decoration items, explained that the company was looking for new local and overseas buyers through the International Sourcing Show. Using the HKTDC's Click2Match platform, the firm arranged at least eight online meetings with overseas buyers from Brazil, Japan and the United States. Also, with the help of the HKTDC's business matching team, they met with potential buyers from hotel groups and premium online gift shops.

Lubee Chak, Brand Director of Louise Castle Company, a premium fashion brand for tailor-made men's suits and accessories, said that in addition to talking to more than 10 buyers at the physical fair, the HKTDC's business matching team helped the firm arrange online meetings with buyers from Hong Kong, Japan, Mainland China and Thailand, helping it to raise brand awareness and build a stronger foundation for future business development in overseas markets.

Beyond Li, General Manager, Zhejiang Jupeng Drinkware Co Ltd, a company specialising in manufacturing thermal mugs and sports water bottles, said that apart from displaying products at the physical fair of the International Sourcing Show, the company also participated in the online fair to find new customers. They established a number of contacts through the physical fair and talked to around eight gift buyers from France, Hong Kong, Indonesia and the Philippines via online meetings. Buyers from Hong Kong and France expressed an intention to place orders worth US$200,000 for their thermal mugs and sports water bottles. The International Sourcing Show provided the company with an effective channel to find quality buyers and capture online-to-offline business opportunities.

On-site business networking sessions

The HKTDC organised two business networking sessions during the physical show to connect buyers and suppliers. Beattie Leung, Sales Manager at Shinzen International Ltd, a distributor and wholesaler of pet supplies and pet food, said the company wanted to add pet backpacks and pet toys to its portfolio and to develop new markets such as Mainland China and Southeast Asia. Through the business networking session, they connected with a potential supplier from which they planned to place an order of 1,000 pet backpacks. Ms Leung said her company felt comfortable working with Hong Kong suppliers because they were reliable and able to provide quality products.

Hector Pang, Chairman of the China Affairs Committee at SME Global Alliance, said the physical edition of the International Sourcing Show provided an ideal platform for its members with factories in the Guangdong-Hong Kong-Macao Greater Bay Area to find new suppliers of raw materials and identify business opportunities. The alliance found a suitable supplier of eco-friendly non-woven bags from Mainland China and decided to place an order of 50,000 pieces that will be distributed to its members.

Zhejiang enterprises reached out to global buyers via International Sourcing Show

The Department of Commerce of Zhejiang Province gathered exhibitors from the gifts and printing and packaging industries, forming the largest pavilion at the show. It was also the first time for the Zhejiang Pavilion to participate in the fair remotely. Sophia Chong, Deputy Executive Director of the HKTDC, and Chen Zhicheng, Deputy Director General, Department of Commerce of Zhejiang Province, met online to officiate the launch of the Zhejiang Pavilion. Zhu Ying, Director of the Trade and Development Department, Department of Commerce of Zhejiang Province, and Zhang Shuangwen, General Manager of CIEC Exhibition Company (HK) Limited, also joined the ceremony and a group photo-taking session to commemorate the occasion. The opening ceremony can be viewed on the fair website and through the Click2Match platform.

Websites
– hktdc.com Sourcing platform: http://sourcing.hktdc.com
– EXHIBITION+: http://hktdc.com/eplus
– HKTDC Media Room: http://mediaroom.hktdc.com/tc
– Photo download: https://bit.ly/3PBybeI

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:
Clayton Lauw, Tel: +852 2584 4472, Email: clayton.y.lauw@hktdc.org
Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org

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