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

Synergy House Launches IPO Prospectus

SHAH ALAM, Malaysia, May 12, 2023 – (ACN Newswire) – Synergy House Berhad, a cross-border e-commerce seller and furniture exporter of ready-to-assemble (RTA) home furniture, launched the prospectus for its initial public offering (IPO) today in conjunction with its upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad.

Mr. Alvin Ooi Yet Ming, Acting Head of Corporate Finance, Kenanga Investment Bank Berhad;
Datuk Roslan Hj Tik, Executive Director, Head Group Investment Banking & Islamic Banking,
Kenanga Investment Bank Berhad; Mr. Mok Juan Chek, Independent Non-Executive Chairman,
Synergy House Berhad; Mr. Tan Eu Tah, Non-Independet Executive Director, Synergy House Berhad;
and Mr. Teh Yee Luen, Non-Independent Executive Director, Synergy House Berhad [L-R]

The IPO will raise RM34.4 million via the issuance of 130.0 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. The IPO proceeds raised will be used by the Group in the following manner:

– RM10.0 million or 29.07% for purchasing of inventories for the Group's proposed e-commerce fulfilment centre in Muar, Johor and e-commerce fulfilment centres in overseas countries;
– RM1.5 million or 4.36% to purchase racking system and forklifts for the Group's proposed e-commerce fulfilment centre in Muar, Johor;
– RM1.0 million or 2.91% for e-commerce advertisement and promotions;
– RM10.0 million or 29.07% to repay borrowings;
– RM7.7 million or 22.38% for working capital purposes; and
– RM4.2 million or 12.21% for listing expenses.

Executive Director of Synergy House, Mr. Tan Eu Tah said, "Given that global demand for furniture e-commerce is expected to continue to grow, our IPO will enable us to fuel our future growth and expansion plans by tapping into the equity capital market for future fund raising. Our IPO will also provide us with the financial flexibility to pursue growth opportunities as and when they arise. The recognition gained through our listing status will also enhance our reputation in the marketing of our products and services, retention of employees, expansion of customer base as well as attract new employees."

Executive Director of Synergy House, Mr. Teh Yee Luen said, "Leveraging on e-commerce has been another transforming experience for our Group as it has enabled us to have direct contact with end-consumers and thus enabling us to gather first-hand information and insights on consumer preferences that are valuable for product development. We intend to continue to grow our business-to-consumer (B2C) segment by utilising a portion of the IPO proceeds to purchase inventories for our B2C segment and by carrying out advertising and promotion initiatives on third-party e-commerce platforms. We also plan to grow our B2C sales through expanding to more e-commerce platforms in new markets."

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, the Group have seen encouraging growth from its B2C segment whereby its B2C sales have increased from RM1.99 million in the FY 2019 to RM49.63 million in FY 2022 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 Berhad will list on the ACE Market of Bursa Malaysia on 1st of June 2023.

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

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

CleverTap Benchmark Reports: Foodtech Apps enjoy 60% higher Repeat Transaction Rates compared to E-commerce apps

MOUNTAIN VIEW, Calif. and MUMBAI, India, May 9, 2023 – (ACN Newswire) – CleverTap, the World's #1 retention cloud, released the findings of its Foodtech and E-Commerce industry Benchmark Reports. Foodtech and e-commerce apps experienced exponential growth during the pandemic. According to App Annie's State of Mobile Report 2022, time spent on shopping apps scaled to more than 100 billion hours – up 18% year-on-year. Users spent 50% more sessions YoY in 2021 than in 2020 on foodtech apps. The benchmark reports reflect data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America.

The findings offer insight into how consumers engage with foodtech and e-commerce apps. Marketers can craft and deliver personalized messages and campaigns that can help drive engagement, retention, and growth. Some of the key metrics in the report include:

https://www.acnnewswire.com/docs/Multimedia/20230509_CleverTap.jpg

"The findings from our benchmark reports are aimed to help marketers improve engagement and user journeys by providing insights into the behavior of e-commerce and foodtech app users." said Jacob Joseph, VP-Data Science, CleverTap. "As the app economy continues to expand, foodtech and e-commerce marketers will need to find ways to drive customer 'stickiness' which currently stands at a meager 15% and 17% respectively. Customized messaging informed by behavioral insights are crucial to get customers to return to the app interface and drive up this metric."

For e-commerce marketers, the challenge and opportunity is to ensure that their company's app not only stands out in a crowded and fiercely competitive market. But also encourages users to make quick purchases, return frequently to buy more, and hopefully, spend a sizable sum with each transaction.

16% of new users of foodtech apps complete more than one transaction in the first week. Best-in-class customer service will help boost this metric and keep customers returning for more. Foodtech companies need to be quick to offer special deals to new users and drive conversions. The benchmark report helps foodtech and e-commerce apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus.

The reports can be downloaded with the links below:
– Foodtech App Engagement Benchmark Report 2022 https://clevertap.com/insights/food-tech-benchmark-report/
– E-commerce App Engagement Benchmark Report 2022 https://clevertap.com/insights/ecommerce-benchmark-report/

About CleverTap

CleverTap is the World's #1 Retention Cloud that helps app-first 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, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, 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