Singaporean Startup ONEVIEW Secures Seed Funding of S$4 Million, to Revolutionise Document Management and Bill Payment Industry in Southeast Asia

ADERA Global, Beyon Connect and Cumulo9 to invest S$4 million in Singapore-based startup, ONEVIEW
ONEVIEW is aligned with Singapore’s smart nation and digitization efforts, providing a simple, secure and convenient communication platform and helping to reduce paper waste, assisting Singapore to go green and support NEA’s sustainability efforts
ONEVIEW aims to bring convenience to users by allowing them to access all their important documents such as bills, statements, official documents, in one single secure, spam-free app
The seed funding will establish the startup and services in Singapore, acting as a test bed for the market and creating a benchmark for the Southeast Asia region
ONEVIEW will bring benefits to both consumers and document senders by offering cost savings, convenience, and greater visibility into transactions

Singapore, June 7, 2023 – (ACN Newswire) – Singapore-based start-up, OneView Pte Ltd (“ONEVIEW”), is pleased to announce that it has secured S$4 million in seed funding from ADERA Global, Beyon Connect, part of the Beyon Group, and Cumulo9 to introduce an innovative digital platform for secure communication of documents and facilitating value-added e-services.

***Christian Rasmussen, CEO Beyon Connect,*** ***Marvin Tan, Executive Director ADERA Global, Chris Hogg, CEO Cumulo 9***

ONEVIEW’s innovative platform aims to revolutionise bill payments by transforming the interaction between consumers and senders, thereby simplifying everyday digital communications with a more convenient, sustainable, and spam-free experience.

ONEVIEW plans to roll out digital post box and communication services by the end of the year in Singapore, enabling users to easily access their documents and communications from multiple billers and senders within a single app.

Using Singapore as a testbed for the Southeast Asian region, ONEVIEW aims to set the benchmark for innovative, eco-friendly digital solutions that improve people’s lives. By partnering with key players in the industry such as ADERA Global, Beyon Connect, and Cumulo9, ONEVIEW’s platform offers a comprehensive solution that meets the needs of both consumers and senders.

Lead Investors in the Seed Funding Round

ADERA Global, headquartered in Singapore, is a leader in data security and automation, serving global banks, financial institutions, telecommunications and government agencies around the world.

Beyon Connect, part of the Beyon group based in Bahrain, is a provider of new technologies with great innovation potential, Software-as-a-Service platforms, and advanced IT solutions for both the public and private sectors in the MENA region.

New Zealand-based Cumulo9 provides business services for the digital delivery of transactional documents, as well as CCM (Customer Communications) solutions throughout APAC.

Aligning with Singapore’s Smart Nation Vision and Accelerating Digitalisation

Singapore has set its sights on becoming a world-class, tech-driven city-state. The vision for a digital-first Singapore is one where a Digital Government, Digital Economy and Digital Society harness technology to effect transformation in health, transport, urban living, government services and businesses. The Singapore Government has made bold strides and steady progress in its digitalisation blueprint.

Aligned with this vision for a digital-first Singapore, ONEVIEW aims to enable effective and secure communications between government, agencies, business enterprises and individuals in Singapore. The platform is designed to simplify secure document transmission and encourage greater digitization of utilising embedded e-services to fulfill actions such as payments, document verification and other value-added services.

Utilising ONEVIEW’s digital postal solutions, customers can harness its technology for greater personalisation and convenience, making it intuitive for each individual user to view their digital postal communications, all at one glance.

Enhancing Sustainability and Simplifying Everyday Digital Communications

Green economic growth is an important part of Singapore’s national agenda on sustainable development, where the Singapore Green Plan 2030 aims to harness technology-driven solutions to “secure a green, liveable, and sustainable home for generations of Singaporeans.

ONEVIEW is committed to going green and minimizing paper waste, aligning with Singapore’s environmental initiatives. By providing documents such as digital billing statements and providing easy payment options, the joint venture aims to encourage more consumers to make the switch to paperless billing.

In Singapore, paper is one of the most common type of waste and in 2021, there was about 1.136 million tonnes of paper and cardboard waste generated.

With this digital postal solution, ONEVIEW will reduce the need for paper bills, thus reducing carbon footprint and promoting sustainability.

“Our mission is to revolutionize the way people pay and manage their important documents such as bills, while also helping Singapore achieve its vision of becoming a Smart Nation,” said LEE Kok How, CEO of ONEVIEW. “Our app is designed to simplify the process, save users time and hassle, and help them stay on top of their action items, such as payments, with ease. With the support of our investors, we are confident that our platform will set a new standard for digital bill payment services in the region, while contributing to Singapore’s vision of a Smart Nation.”

Christian Rasmussen, CEO of Beyon Connect said, “At Beyon Connect, our DNA is rooted in digital innovation and sustainability. We are thrilled to align with ADERA Global and Cumulo9, who share our passion for creating highly secure digital postboxes and communication platforms. Together, we will continue to revolutionize the way people communicate and connect via the ONEVIEW platform in the ASEAN region.”

Beyon Chief Digital Growth Officer – Shaikh Mohamed bin Khalifa Al Khalifa added, “We are extremely proud to see our digital postbox and communications innovations being used as the foundation for ONEVIEW, in a digitally mature society like Singapore. This marks a significant milestone for Beyon Connect and reinforces our commitment to driving digital transformation globally.”

Cumulo 9’s Chris Hogg added, “As a company that is committed to providing cutting-edge solutions that help businesses thrive in a digital age, we are pleased to support ONEVIEW in its mission to digitize bill payment management in Southeast Asia.”

“As a global leader in digital transformation, ADERA Global is excited to partner with ONEVIEW in their mission to revolutionize communications, document management and value-added services such as payments in Southeast Asia,” said ADERA Global’s Executive Director Marvin Tan. “We believe that ONEVIEW has the potential to set a benchmark in the region and transform the way people manage their bills and documents.”

For more information on ONEVIEW, please visit: https://oneview.sg/

Issued on behalf of ONEVIEW by 8PR Asia Pte Ltd.

Media Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

Society Pass Inc (Nasdaq: SOPA)/Thoughtful Media Group Inc Acquires Newave Strategic, leading Indonesia-based KOL Management Agency; Onboards +10,000 Indonesia-based Influencers

Thoughtful Media Group Inc acquires second company in Indonesia, Newave Strategic, a leading KOL management agency in Indonesia
TMG onboards +10,000 Indonesia-based influencers onto its digital advertising platform with acquisition
Post acquisition, Newave is re-branded as Thoughtful Media Indonesia and its leadership and employees are fully integrated into Thoughtful Media regional operating structure
Thoughtful Media Indonesia forecasts continued compelling revenue growth in 2023 and beyond

JAKARTA, May 31, 2023 – (ACN Newswire) – Thoughtful Media Group Inc (“Thoughtful Media” or “TMG”), the Thailand-based social commerce-focused, premium digital advertising network of Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces the acquisition of Newave, the go-to advertising platform for nano and micro influencers (KOLs with under 100,000 followers) in the Indonesian social media scene. Newave’s +10,000 influencers on its talent roster turbocharges TMG’s social commerce advertising business in both Indonesia and SEA.

Founded in 2017, Newave has ridden the popularity of social media and social commerce in Indonesia advertising market. Newave Head of Strategy, Ilhamka Nizam, explains, “According to Datareportal, 68% of Indonesians or 191 million people are on social media as of January 2022. Covid drove millions of Indonesians to shop online for more than 3 hours daily via their social media. Naturally, brands increased their marketing budgets every year since Newave was founded. For 2023, we expect Indonesia-based brands to invest more than 30% of their marketing budget on influencer marketing.”

To meet demand for influencers from increasing advertising budgets, Newave focused on identifying and servicing up-and-coming nano and micro influencers as these KOLs represents 66% of all influencers in Indonesia according to INSG.CO. Newave Co-Founder, Bunga Nizam, comments, “When we founded Newave, we realised that onboarding hundreds and thousands of nano and micro influencers is the unique selling proposition that sets Newave from other so-called influencer marketing companies. Why? Because it is easier to make your audience engage with your content if you share a familiarity with them. And how does one share familiarity with the audience? In essence, nano and micro influencers, comprised of family and friends and not celebrities, personalise advertising content. In addition, advertisers can deploy specifically tailored marketing campaigns as often as they want with a cheaper budgets and optimised results. As a result, we have been fortunate to onboard more than 10,000 influencers onto our talent roster.”

Ms. Pamela Aw-Young, TMG Vice-Chairman, exclaims, “TMG is ecstatic to welcome Newave onto our ever-expanding TMG regional platform. By merging Newave’s dominant position in the nano and micro influencer space with TMG’s social commerce focused ecosystem, we provide additional channels for regional and local brands to market their products and services. Since our parent company, SoPa, acquired TMG in July 2022, TMG has grown from strength to strength with headcount growing from a dozen professionals to over 60 staff in just under a year. We look to triple our revenues year-on-year in 2023. As we enter Philippines, Singapore, and Malaysia markets in 2H 2023, TMG is uniquely positioned to be the premier SEA regional digital advertising agency offering a significant value proposition for advertisers, merchants and influencers in SEA’s biggest economy.”

Newave Co-Founder, Bulan Nizam, adds, “Newave is proud to become an integral part of TMG and SoPa. TMG’s broad advertising network and SoPa’s extensive user and merchant bases in SEA allow us to fully become the premier digital advertising company in the world’s fourth most populous country. Thoughtful Media Indonesia is well positioned to generate significant revenues in 2023 and occupies a central position in Indonesia’s large and fast-growing digital advertising market.”

About Thoughtful Media Group Inc (TMG)

Founded in 2010, Thoughtful Media Group Inc is a leading digital advertising platform in SEA. Through our network of talented creators across multiple industries in Thailand, Vietnam and Indonesia, we help brands maximise marketing budgets and achieve business objectives through some of the most innovative marketing campaigns in the region.

In 2022, Society Pass Inc (Nasdaq: SOPA), SEA’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, acquired Thoughtful Media Group. Since then, we have fully evolved into a digital-first and fully integrated advertising powerhouse. For more information, please check out our website: www.thoughtfulmedia.com.

About Society Pass Inc.

Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.

Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.

SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 650,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture 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 SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; and Mangan.ph, a leading local restaurant delivery service in Philippines.

For more information on Society Pass, please visit:
Website at https://www.thesocietypass.com or
LinkedIn at https://www.linkedin.com/company/societypass or
Facebook at https://www.facebook.com/thesocietypass or
Twitter at https://twitter.com/society_pass or
Instagram at https://www.instagram.com/societypass/.

Cautionary Note Concerning Forward-Looking Statements

This press release may include “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. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contacts:
Rokas Sidlauskas
Chief Marketing Officer
rokas@thesocietypass.com

CleverTap launches local deployment of its SaaS platform in Indonesia

Mountain View, Calif., Indonesia, May 31, 2023 – (ACN Newswire) – CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN). It will help CleverTap customers operating within the financial and insurance sector such as banks, fintechs, and non-banking financial institutes fulfill local compliance requirements. These are aimed at further enhancing confidentiality and integrity of citizen data.

"As a company committed towards maintaining the highest global standards of data privacy and security, we have deployed our platform locally in Indonesia with the help of AWS." said Anand Jain, Co-Founder & Chief Product Officer, CleverTap. "Providing our services through local data centers will ensure our Indonesian customers seamlessly comply with their respective data residency requirements. This is yet another example of our commitment to delivering not just business value and growth to our customers, but also ensuring that their data is safe and compliant at all times." he added.

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

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.

For more information:

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

VISHAAL MUDHOLKAR
Consultant Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Presto Partners VSING in Loyalty Points Collaboration

PETALING JAYA, Malaysia, May 30, 2023 – (ACN Newswire) – Presto, a Loyalty Ecommerce Redemption and solutions provider, PUC Berhad's ('PUC' or the 'Group') e-commerce app aggregator and payments platform, is pleased to announce a loyalty collaboration with VSING to provide VSING members even more value for their loyalty points.

Mr. Cheong Chia Chou, Group Managing Director and Chief Executive Officer of Presto;
Mr. Vincent Teoh, Founder and Chief Executive Officer of VSING [L-R]

VSING is a music-driven social entertainment platform with a presence in Malaysia, Singapore and Hong Kong. There are 12 outlets in Malaysia located in Klang Valley, Ipoh, Johor, Melaka. Soon, they will be targeting more outlets in other states in Malaysia and in more different countries. As of today, VSING has a user base exceeding 80,000 individuals.

Presto platform comprises e-commerce loyalty redemption platform, electronic money, and also brings together more than 10million loyalty members through various loyalty points aggregation. In addition, Presto provides payment services, technology businesses as well as associate companies with businesses in powerbank leasing, digital content, logistic and warehousing aggregator, online general and life insurance products and service aggregator and food delivery services.

The collaboration will enable VSING members to use their V POINT as digital currency in the Presto ecosystem and also allow members to combine their V POINT and other digital payment methods to make payments. The Presto – VSING collaboration will start in mid-June and provide VSING members a range of offerings, including exclusive products and services, from renowned partner brands to independent brands and services. With Presto as a redemption partner, V POINT will act as a digital currency; when making a payment, members may combine V POINT with other digital payment methods if points is insufficient.

Group Managing Director and Chief Executive Officer of Presto, Mr. Cheong Chia Chou (Link) Mr. Cheong Chia Chou, Group Managing Director and Chief Executive Officer of Presto said, "Our vision is to empower customer loyalty rewards with smarter incentives, we aim to provide our business partners a seamless and effective means of managing a loyalty redemption programme. We are delighted to collaborate with VSING and welcome their members onboard the Presto platform."

"VSING members can now unlock a world of possibilities and choose rewards as the Presto ecosystem has more than 20,000 products and services that they can redeem. The expanded selection covers everything from home and living to electronic gadgets or indulgent services. This will make the VSING loyalty programme even more attractive."

Mr. Vincent Teoh, Founder and Chief Executive Officer of VSING said, "We look forward to the collaboration going live in mid-June and we are sure our members are also looking forward to a bigger world of possibilities. We are always seeking opportunities to enhance our loyalty programme while offering a mobile application that revolutionises the way people communicate and interact. This is supported by unique features, including a powerful song selection system, interactive gifting options, and an exclusive membership tiering system."

Presto: https://www.prestouniverse.com/my/E-Commerce

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CleverTap launches local deployment of its SaaS platform in UAE

Mountain View, Calif., UAE, May 30, 2023 – (ACN Newswire) – CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within the UAE through data centers hosted on Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN). It will help CleverTap's customers in the UAE strengthen compliance in accordance with amendments to the DIFC (Dubai International Financial Centre) Data Protection Law and the updated Data Protection Regulations enacted on May 21, 2020, and effective since July 1, 2020. These regulations are aimed at further enhancing the protection of all personal data belonging to UAE citizens and is applicable to any entity processing and storing data.

"As a company committed towards maintaining the highest global standards of data privacy and security, we have deployed our platform locally in the UAE with the help of AWS." said Anand Jain, Co-Founder & Chief Product Officer, CleverTap. "Providing our services through local data centers will ensure our customers in UAE seamlessly comply with their respective data residency requirements. This is yet another example of our commitment to delivering not just business value and growth to our customers, but also ensuring that their data is safe and compliant at all times." he added.

About CleverTap

CleverTap is the all-in-one customer engagement platform that helps brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product.

The platform is powered by TesseractDB(TM) – the world's first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Electronic Arts, TiltingPoint, Gamebasics, Big Fish, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John's, and Tesco.

Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, Sao Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter.

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.

For more information:

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

VISHAAL MUDHOLKAR
Consultant
Archetype
+91 9724309069
vishaal.mudholkar@archetype.co

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Chic Hong Kong Grand Opening at COCO Park Shenzhen

HONG KONG, May 26, 2023 – (ACN Newswire) – Consumers in the Greater Bay Area (GBA) can look forward to experiencing three days of fashion and stylish shopping with the opening today of the Chic Hong Kong shopping festival. Jointly hosted by the Hong Kong Trade Development Council (HKTDC) and the Shenzhen Municipal People's Government, and held at the COCO Park shopping mall in Shenzhen's Futian District, the event is the first large-scale promotion of Hong Kong consumer goods in the GBA following the complete lifting of border-crossing restrictions.

(front row from left) Ms Margaret Fong, HKTDC Executive Director; Mr Zeng Pai, Standing Committee
Member of the CPC Shenzhen Municipal Committee; Mr John Lee, HKSAR Chief Executive;
Mr Qin Weizhong, Mayor of the Shenzhen Municipal Government; Dr Peter K N Lam, HKTDC Chairman;
and Mr Gao Shengyuan, Secretary General of Shenzhen Municipal People's Government

Mr John Lee, the Chief Executive of the Hong Kong Special Administrative Region, delivers a speech
at the opening ceremony

The shopping festival comprises three main themed exhibition areas: Chic Living, Chic Style, and
Chic Taste. Quality products and an engaging experience will ensure everyone enjoys
a memorable and rewarding experience

Nearly 80 exhibitors with over 130 Hong Kong brands, will be showcasing "Hong Kong style" across food, lifestyle, and fashion.

The event is organized by HKTDC GBA Centre, China Council for the Promotion of International Trade Shenzhen Municipal Committee, Commerce Bureau of Shenzhen Municipality, and The People's Government of Futian District, with the support of Cyberspace Administration of Shenzhen Municipality, PRD Council of Federation of Hong Kong Industries, Hong Kong Chamber of Commerce in Guangdong, Hong Kong Chamber of Commerce Qianhai, and GBA-IDA.

New opportunities in GBA; Shenzhen-Hong Kong join forces to boost consumption

Among the distinguished guests attending the grand opening of the Chic Hong Kong shopping festival were Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region; Mr Qin Weizhong, Mayor of the Shenzhen Municipal Government; Mr Zeng Pai, Standing Committee Member of the CPC Shenzhen Municipal Committee; Mr Gao Shengyuan, Secretary General of Shenzhen Municipal People's Government; Dr Peter K N Lam, Chairman of the HKTDC; and Ms Margaret Fong, Executive Director of the HKTDC.

In his welcome address, Dr Peter K N Lam highlighted the council's long-standing commitment to helping Hong Kong enterprises expand their presence in the Chinese mainland.

"With the complete lifting of border-crossing restrictions earlier this year, the economic recovery in the Greater Bay Area has gained strong momentum, and the two-way passenger flow between Shenzhen and Hong Kong continues to increase, demonstrating the new progress in their integration. Seizing the favourable momentum, the Chic Hong Kong shopping festival was conceived and chosen to be held in Shenzhen, a city with a robust fashion consumer market, to promote Hong Kong's high-quality brands and product designs to consumers in the Greater Bay Area and mainland cities, and to drive the development of the domestic circulation economy and intra-regional exchanges within the Greater Bay Area."

The HKTDC also plans to assist Hong Kong enterprises in connecting with new media and new retail channels through the GoGBA one-stop platform and the Mainland Development Support Scheme, enabling them to establish their brands through innovative models and expand their domestic sales market.

Explore the best of HK brands in one place.

The Chic Hong Kong shopping festival comprises three themed exhibition areas: Chic Living, Chic Style, and Chic Taste. These areas are situated in the Outdoor Star Plaza on Floor B1, the indoor atrium on L1, and just outside the venue. Products on show encompass a wide range, including consumer electronics and technology products, smart home goods, fashionable clothing and accessories, as well as food, beverages, and health products. Among the nearly 80 exhibitors, 40% are making their debut in the mainland market, using this event as a springboard to establish business ties.

The event features Hong Kong brands and "chic" items based on innovation, sustainable design, green and healthy living, original design and other trendy elements, like Hong Kong food technology startup Allklear's drinkable nutritional salad, Koofy Development's Surfwheel smart electric skateboard, sustainable brand iFarmaissance's plant-based vegan leather handbag series, and KIBO's eco-friendly leather casual shoes.

Hong Kong's highly-rated fashion design prowess is also on display with fashion clothing brand SPARKLE COLLECTION, home furnishing brand JARDIN DES FONTAINES, and professional ceramic tableware brand Loveramics showcasing their creativity. The shopping festival also gathers a collection of widely recognized classic Hong Kong brands, like Chow Sang Sang, Chow Tai Fook, Kee Wah, Kampery, Four Seas, Lee Kum Kee, and Pat Chun, all exhibiting iconic products and newly launched items.

During the festival, the HKTDC will concurrently host the Hong Kong Masterpiece Gallery. Sponsored by Create Hong Kong of the Hong Kong SAR Government, the exhibition will feature 13 emerging Hong Kong designers and over 20 exceptional or award-winning products to emphasise the strengths and benefits the city's design and creative industries can offer.

Celebrities and influencers join for a spectacular on-site experience.

At the opening ceremony, Hong Kong's rising star Gigi Yim Ming-hay delivered a passionate performance, setting the stage for three days of fun, music, magic and much more.

Altogether, over 100 activities will be open to the public including the grand finals of the "9+2" street dance competition, a surprising demonstration of KamCha Hong Kong Style Milk Tea brewing, acapella performances, freestyle basketball displays, close-up magic shows, a parade featuring stilt-walking magicians, flash mobs, energetic hip-hop performances, and portrait painting.

HKTDC has invited a number of social media influencers from Guangdong and Hong Kong to join and support the event with daily live-streaming about what the event has to offer consumers and features on their personal favourite products. Renowned Hong Kong vegetarian expert Elvis Chan and ketogenic diet expert Hayden Leung will also be there to share some ideas on how to prepare healthy delicacies.

There is also a not-to-be-missed immersive space at the venue where visitors can surround themselves in Hong Kong's vibrant culture through light and shadow using the latest projection-based technology.

Rewards, offers and prizes

The Chic Hong Kong Shopping Festival has also lined up a host of enticing offers and prizes to make sure everyone enjoys a memorable and rewarding experience. HKTDC has launched a city-wide promotional campaign to attract as many people as possible to the event.

Shenzhen residents can take part in topic discussions on Dianping (a popular review platform) and use the hashtag #HongKongNewTrend to have a chance to win a 50 RMB e-voucher.

There will also be exciting perks at the show like check-in rewards and shopping incentives. Consumers who spend 100 RMB or more at the Chic Hong Kong booths can enter a daily lucky draw, where an impressive array of rewards awaits lucky participants.

Chic Hong Kong
– Date: 26-28 May, 2023 (Friday to Sunday)
– Location: COCO Park, Futian District, Shenzhen (the Outdoor Star Plaza on Floor B1, the indoor atrium on L1, and outdoors)
– Opening hours: 10:00 to 22:30 (May 26-27); 10:00 to 22:00 (May 28)
– Entrance Fee: Free
– Scan the mini-program QR code for more information: https://tinyurl.com/24h3t3hc
– WeChat Store: https://tinyurl.com/dtuu6s8m
– Hosts: Hong Kong Trade Development Council (HKTDC); the Shenzhen Municipal People's Government
– Organisers: HKTDC GBA Centre; China Council for the Promotion of International Trade Shenzhen Municipal Committee; Commerce Bureau of Shenzhen Municipality; and The People's Government of Futian District
– Support Units: Cyberspace Administration of Shenzhen Municipality; PRD Council of Federation of Hong Kong Industries; Hong Kong Chamber of Commerce in Guangdong; Hong Kong Chamber of Commerce Qianhai; and GBA-IDA
– Executive unit: The Shenzhen International Chamber of Commerce

Websites
– Chic HK: https://portal.hktdc.com/chic-hk/
– Media Room: http://mediaroom.hktdc.com
– Photo Download: https://bit.ly/42dtoWy

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

About Create Hong Kong

Create Hong Kong (CreateHK) is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) in June 2009 to spearhead the development of creative industries in Hong Kong. From 1 July 2022 onwards, it is under the Culture, Sports and Tourism Bureau. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, and promoting Hong Kong as Asia's creative capital and fostering a creative atmosphere in the community.

Disclaimer for Hong Kong Masterpiece Gallery The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, Create Hong Kong, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

Media enquiries
For media enquiries, please contact
Ruder Finn
Keylor Dai, Tel.: +86 13760604504, E-mail: Keylor.dai@rfcomms.com
Yanice Zhong, Tel.: +86 13437822368, E-mail: Yanice.zhong@rfcomms.com

HKTDC's Communications and Public Affairs Department
Janet Chan, Tel.: +852 2584 4369, E-mail: janet.ch.chan@hktdc.org

HKTDC's Guangzhou and Shenzhen Office Communications & Public Affairs Department:
Robin Chen, Tel.: +86 13829724291, E-mail: robin.rc.chen@hktdc.org
Nora Li, Tel.: +86 13556821118, E-mail: nora.w.li@hktdc.org
Cherry Lin, Tel.: +86 13459410661, E-mail: cherry.w.lin@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Synergy House Posts Revenue of RM51.6 Million in 1Q FY2023

SHAH ALAM, Malaysia, May 25, 2023 – (ACN Newswire) – Synergy House Berhad, a cross-border e-commerce seller and furniture exporter of ready-to-assemble (RTA) home furniture, announced today that the Group recorded revenue of RM51.6 million for the first quarter ended 31 March 2023 (1Q FY2023) from sales in the business-to-business (B2B) and business-to-consumer (B2C) market segments.

Executive Director of Synergy House, Mr. Tan Eu Tah

Executive Director of Synergy House, Mr. Teh Yee Luen

For 1Q FY2023, the Group registered profit before tax of RM3.6 million and profit after tax of RM2.6 million. There are no comparative figures for 1Q FY2023 as this is the first interim financial report that Synergy House is announcing in compliance with the listing requirements of the ACE Market of Bursa Malaysia Securities Berhad.

The Group's B2B segment recorded a revenue of RM27.4 million or approximately 53.10% of the Group's total revenue while the B2C segment recorded a revenue of RM24.2 million or approximately 46.90% of the Group's total revenue in 1Q FY2023. In comparison, the B2C segment's contribution towards total revenue in the full financial year 2022 was at 25.57%. On a geographical basis, the United States of America was the Group's largest market, contributing to approximately 49.47% of the Group's revenue in 1Q FY2023.

Executive Director of Synergy House, Mr. Tan Eu Tah said, "As the Group enters the final stages of its initial public offering (IPO) journey, we want to reiterate that there is long-term potential in the B2C market segment for RTA home furniture. Synergy House is currently in market expansion mode whereby we are focusing on investing in our B2C sales channel aggressively for wider market outreach. For the first quarter ended 31 March 2023, we have achieved total B2C revenue of RM24.2 million, which is close to 50% of our total B2C revenue for the full financial year ended 31 December 2022 of RM49.6 million."

Executive Director of Synergy House, Mr. Teh Yee Luen said, "As part of our expansion, we have allocated resources and funding to build up our brand name, reputation and reviews on e-commerce platforms. These includes more aggressive advertisement and promotions on the e-commerce platforms that we market on which will bear fruits in the longer term. We see huge potential in the global e-commerce furniture market and we are consistently sowing the seeds for future B2C growth."

Synergy House is raising RM34.4 million through the issuance of 80.0 million new shares at an IPO price of RM0.43 per share which is expected to support the Group's future growth and expansion plans.

For the financial years ended 31 December (FY) 2019, FY 2020, FY 2021 and FY 2022, the Group registered revenue of RM111.5 million, RM122.9 million, RM184.3 million and RM194.1 million respectively. In particular, Synergy House's B2C segment has seen encouraging growth, with sales reaching RM49.6 million in FY2022 from RM1.99 million in FY2019 at a compound annual growth rate of 192.17%.

Kenanga Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent for the IPO exercise.

Synergy House Bhd: https://www.synergyhouseberhad.com/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Retail and E-Commerce Summit Asia to Unveil Powerful Strategies for Digital Growth

MANILA, May 24, 2023 – (ACN Newswire) – Rockbird media proudly announce a new flagship of Retail & E-commerce Summit Asia that industry professionals should not be missed.

The highly anticipated Retail and E-Commerce Summit Asia is set to be a Festival of Brands on July 12-13 at Hilton Manila, bringing together industry leaders, visionaries, and experts from across the region. With the theme "Scaling Digital Strategies Towards Growth," this two-day event promises to provide invaluable insights and groundbreaking ideas to unlock the full potential of retail and e-commerce in today's fast-paced digital landscape.

The Retail and E-Commerce Summit Asia will gather influential executives, decision-makers, and entrepreneurs who are shaping the future of the retail and e-commerce sectors. Attendees will have the unique opportunity to connect with like-minded professionals, exchange knowledge, and gain actionable strategies to drive growth, adapt to evolving consumer behavior, and optimize their digital presence.

The summit will feature a carefully curated lineup of speakers covering various relevant topics crucial to business success in the digital realm. Through the event's extraordinary format and theme, topics from leveraging marketing analytics to mastering customer experience, mobile marketing and smart warehouses, and even customer experiences will be spread throughout a series of breakout sessions, keynote presentations, and panel discussions. Attendees can expect to gain valuable insights all throughout the 2-day event.

As part of the summit experience, C-level attendees, Directors, and top personalities in the retail and e-commerce landscape will have ample networking opportunities to foster meaningful connections and explore potential collaborations. More to it is an opportunity to witness cutting-edge technologies, innovative solutions, and services from leading companies, providing participants with hands-on experiences and a glimpse into the future of retail and e-commerce.

For more information about the RESA Fiesta, including registration details, agenda, speaker updates, and pricing please visit: https://resa.rockbirdmedia.com/ph/

About rockbird media

Rockbird media is an international business media company that produces B2B events and offers business solutions.

Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow. For more information, visit https://rockbirdmedia.com.

Media contact:
Imee Rose Mariano
im.mariano@rockbirdmedia.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

4ocean and U.S. Polo Assn. Renew Global Ocean-Positive Sustainability Partnership Goal to Remove 150,000 Pounds of Trash from World’s Oceans

Boca Raton, FL, May 18, 2023 – (ACN Newswire) – 4ocean, a purpose-driven B Corp with a mission to end the ocean plastic crisis, in partnership with U.S. Polo Assn., the official brand of the United States Polo Association (USPA), are pleased to announce the extension of their partnership. The two entities have committed to removing 150,000 pounds of trash from the world's oceans through the 4ocean Pound+ Services, now through 2024.

4ocean and U.S. Polo Assn.'s partnership began in early 2021 and successfully led to the removal of 60,000 pounds of plastic from the ocean, rivers, and coastlines. The two organizations worked together during that time towards ocean-positive sustainability with the help of 88 crew members and seven ocean vessels, with most of the waste being pulled in Indonesia across six specific beaches. This year's goal more than doubles the previous year's accomplishment.

"I'm stoked about the extension of our partnership with U.S. Polo Assn. and their commitment to increasing the amount of trash and plastic they pull," said Alex Schulze, co-founder of 4ocean. "It's inspiring to see a company take such a proactive approach to sustainability that will have a measurable impact on the ocean. U.S. Polo Assn. committing to 2.5 times the amount of trash and plastic they pulled last year is a bold move, and I'm excited to see the results of this initiative."

Schulze added, "We are proud to be part of this effort and look forward to continuing our collaboration with U.S. Polo Assn. and other partners to make a positive impact on our ocean."

This meaningful partnership is a component of U.S. Polo Assn.'s overarching sustainability initiative USPA Life, which works towards improving the impact of our business on the environment. The USPA Life initiative also offers a global and growing selection of apparel, footwear, and accessories with sustainable attributes.

"U.S. Polo Assn. has been taking a global and holistic approach to our long-term sustainability journey with initiatives like our 4ocean partnership and USPA Life," said J. Michael Prince, President and CEO of USPA Global Licensing Inc., which manages the multi-billion-dollar U.S. Polo Assn. brand. "We have been working diligently to improve our global footprint through products that are better for the environment and through partnerships with organizations like 4ocean that share our mission and vision for a sustainable future."

4ocean was the Official Sustainability Partner of the U.S. Open Polo Championship Final, collecting plastic and trash from the prestigious and sold-out event in April at the USPA National Polo Center. 4ocean also had a series of commercial spots run during the U.S. Open Polo Championship Final on multiple ESPN platforms, bringing awareness to millions of consumers and sports fans. Click here for more information.

To learn more about the partnership, please visit uspoloassnglobal.com/4ocean.

About 4ocean

4ocean is an ocean cleanup company based in Boca Raton, Florida, that's dedicated to ending the ocean plastic crisis. As a Public Benefit Corporation and Certified B Corp, 4ocean harnesses the power of business to fund a global cleanup operation that recovers millions of pounds of plastic and other debris from the world's oceans, rivers, and coastlines each year.

About U.S. Polo Assn.

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the nonprofit governing body for the sport of polo in the United States and one of the oldest sports governing bodies, having been founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through some 1,100 U.S. Polo Assn. retail stores and thousands of department stores as well as sporting goods channels, independent retailers, and e-commerce, U.S. Polo Assn. offers apparel for men, women, and children, as well as accessories and footwear in more than 190 countries worldwide. U.S. Polo Assn. was named one of the top five sports licensors in 2022, according to License Global. Visit uspoloassnglobal.com and follow @uspoloassn.

Contact Information:
Stacey Kovalsky
Senior Director, Global Communications
skovalsky@uspagl.com
+001.561.790.8036

Jonathan Marshall
4ocean PR Specialist
jonathan.marshall@4ocean.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Namogoo and Persado Announce Partnership Leveraging Intent Prediction and Generative AI for Real-Time Shopping Personalization

Herzliya, Israel, May 17, 2023 – (ACN Newswire) – Namogoo, the leading Digital Journey Continuity Platform, today announced a partnership with Persado, the Motivation Artificial Intelligence (AI) company that generates personalized communications at scale. By using Namogoo's robust Machine Learning (ML) capabilities, Persado customers can deploy its new Dynamic Motivation solution and leverage Namogoo's powerful intent and segmentation data to drive significant revenue. The integration with Namogoo does not require any additional effort in development or manual intervention. Brands can quickly adjust unique characteristics such as language, emotions, narratives, tone, and voice, to each individual shopper visiting the website in real time.

Namogoo and Persado Announce Partnership Leveraging Intent Prediction and Generative AI
The two companies join forces to analyze visitors' intent in real-time and personalize language and
tone of voice for online shoppers as they browse – at scale

Namogoo's prediction engine trains on 1.5 billion unique monthly visitors of leading eCommerce brands in both the US and Europe and anonymizes the users' identity to give brands the power to leverage online visitors' intent and boost conversion and revenue. By combining these capabilities with Persado's Dynamic Motivation – a new enterprise generative AI marketing solution that personalizes words and phrases in real-time for every online shopper – Namogoo customers benefit from an individualized experience that will encourage engagement and purchase completion following the customer journey.

Namogoo's data points and segments are based on non-personal data and do not rely on cookies or visitor history. This is especially important for both first-time visitors and anonymous visitors, which constitute 75% of total online shoppers today. The proprietary ML technology predicts intent by learning from each visitor's unique signals and digital behavior – thus empowering enterprises to act on that intent and ensure online shoppers complete their journeys.

Displaying one-to-one personalized language on a retail brand's website for their visitors in real time represents a cutting-edge concept in the eCommerce industry, elevating the standard for personalization at scale. Understanding the preferences, purchasing behavior, and motivating factors of shoppers has become indispensable for building brand loyalty and driving sustained revenue growth.

"We at Namogoo are thrilled to join forces with Persado to bring a new level of personalization to the eCommerce experience," said Ohad Greenshpan, Co-founder and CTO of Namogoo. "Leveraging visitors' intent to adapt a website's language will be a game-changer for retail brands, allowing Persado to combine their generative AI capabilities with Namogoo's real-time segments and predictions, and take the world of personalization to new heights. In today's competitive landscape, this type of innovative approach will be critical for brands seeking to drive revenue and achieve lasting success."

"Combining the strong capabilities of Namogoo's predictive engine and Persado's Motivation AI technology – especially our newest Dynamic Motivation for the online cart solution – is a significant step forward in upleveling the digital shopping experience," said Co-founder and COO of Persado Assaf Baciu. "Brands see a 3-5% increase in eCommerce revenue when using Persado Dynamic Motivation to personalize web content at the cart and checkout stages. The impact and value for brands will surely be palpable."

Persado and Namogoo are proud to announce this strategic partnership, which will elevate and individualize the onsite customer experience. By deploying these new, combined capabilities across essential touchpoints in the customer journey, especially in the critical online cart, the companies aim to significantly enhance key business metrics for the world's foremost retail brands.

About Namogoo

Namogoo is the world's first Digital Journey Continuity platform, helping over 1,000 unstoppable brands shape their customer journeys to fit each and every shopper's needs. Namogoo's platform autonomously adapts to each customer visit in real time, lifting conversion rates and revenue, while maintaining eCommerce retailers' margins and bolstering brand equity. Namogoo is available on all major eCommerce platforms, including Shopify, BigCommerce, Salesforce Commerce Cloud and Magneto – serving over a thousand global brands of all sizes.

About Persado

Persado provides the only Motivation AI platform that generates personalized communications at scale, inspiring each individual to engage and act. Many of the world's largest brands, including Ally Bank, Dropbox, JPMorgan Chase, Marks & Spencer, and Verizon, rely on Persado to generate hyper-personalized communications. Persado's Generative AI for the enterprise is trained on more than 100 billion digital business language impressions across industries, enabling marketers to motivate customers and drive significant business value.

Contacts:
Ohad Greenshpan, Co-founder & CTO, ohad@namogoo.com
Assaf Baciu, Co-founder & COO, assaf.baciu@persado.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com