Tag: Retail & eCommerce

For Every Special Occasion and Celebration, Yowie Puts the SURPRISE in Party

NEW YORK, NY, Jun 7, 2022 – (ACN Newswire) – Yowie Group, the confectionary company that brings families sustainably sourced sweet treats combined with a unique educational experience, is excited to help kids and families celebrate all sorts of special occasions this year. From birthdays to holidays to cozy winter get-togethers and more, Yowie is eager to help kids and families put the SURPRISE in each party. Make each party memorable for the kids in your life with Yowie's surprise-inside chocolate eggs, Yowie-themed crafts and decor, fanciful Yowie-inspired recipes, cartoons, games and more.



"The year is full of opportunities to celebrate, and the best way to add a surprise to any gathering or party is with Yowie," said Yowie Group's Global CMO, Cynthia Thayer. "Whether it's a casual get-together, a special holiday celebration or a birthday party, having some Yowie for the kids is a great way to make them feel special and keep them entertained.

In addition to keeping kids happy with a clean-label chocolate treat while helping them learn a little something about endangered species, families can visit YowieWorld.com for loads of party ideas and free party-themed downloadables. We've come up with all sorts of creative and interactive things for parties including invitations, party hats, so many party games, and much more.

What are some ways to party with Yowie?  

– Play Yowie Ring Toss https://yowieworld.com/ring-toss/
– Personalize Your Party Invitations https://yowieworld.com/birthday-invitations/
– Create a Yowie Party Hat https://yowieworld.com/make-a-yowie-party-hat/
– Yowie Party Favor Tags https://pr.report/YRyiOs-P
– And of course, Yowie make the perfect party favor!

Yowie is dedicated to making any party memorable and encourages fans to visit https://yowieworld.com/ for more fun, free and engaging activities. 

Yowie surprise-inside chocolates provide an interactive experience that collectors and fans enjoy all year long. By providing delicious, sustainably sourced, 100% milk chocolate free from GMOs, gluten, nuts, palm oil and artificial coloring and flavors AND the surprise and delight of discovering which collectible is inside each Yowie egg, it's the perfect way to put the surprise into any party.

To learn more about Yowie's future campaigns as well as their current Superpower collection, visit www.yowieworld.com, find them on Facebook, or look for @YowieWorld on Instagram. You can also find easy and educational craft projects and games on their YouTube channel and on Pinterest. Collectors can leverage the 'Yowie Collector' app to keep track of their growing collection by downloading the free app on the Apple App Store or on Google Play.  Yowie surprise-inside chocolate eggs can be found in more than 30,000 retail outlets across the United States, including Walmart, Walgreens, 7Eleven, Albertson's, Meijer, SuperValu, Giant Eagle, H-E-B, Food Lion, Casey's, Circle K and many more. Check the store locator at YowieWorld.com to find a location near you. 

About Yowie  

Yowie is best known for its flagship product, the Yowie surprise-inside chocolate. Each Yowie product is created in the shape of the Yowie characters and contains limited-edition collectible animal toys and a full color leaflet featuring a picture of the real-life animal, its profile and level of endangerment. Our social media channels and website allow collectors to learn more about the animals and their world while having loads of fun through games and competitions. The combination of tasty, clean-label treats, fun animal toys and a digital platform encourages kids to learn about the natural world and understand its need for protection. Yowie products are available in more than 30,000 retail outlets across the U.S. and in Woolworths, Big W, Kmart and select IGA stores across Australia. For more information visit www.yowieworld.com.

CONTACT:
Cynthia Thayer, Global CMO
Cynthia@yowiegroup.com
1-312-730-7163

SOURCE: Yowie Group

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

Society Pass (SoPa) Acquires Singapore-based Gorilla Networks, a Next-Gen Blockchain/Web3 Mobile Virtual Network Operator to Drive SEA’s Growing Demand for a New Meta-Economy Experience

SINGAPORE, Jun 3, 2022 – (ACN Newswire) – Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), Southeast Asia's leading data driven loyalty and ecommerce ecosystem, announced today that it acquired Singapore-based Gorilla Networks Pte Ltd ("Gorilla"), a leading next generation Web3-enabled MVNO.

Established in Singapore in 2019, Gorilla utilises Web3 technology to operate a MVNO for its users in Southeast Asia. With network coverage to over 160 countries, Gorilla offers a full suite of mobile communication services such as local calls, international roaming, data, and SMS texting. More importantly, Gorilla enables its customers to convert unused mobile data into digital assets or Gorilla GO Tokens through its innovative proprietary blockchain-based SwitchBack feature. Gorilla GO Tokens in turn can be redeemed for eVouchers, to offset future bills, or be redeemed for other value-added services.

With the rebound of the travel market throughout Southeast Asia in 2Q/3Q 2022, Gorilla expects to dramatically increase its customer base by marketing to the region's business and leisure travellers with its user-friendly technology platform. It plans to expand its MVNO services offering to Vietnam, Thailand, and Malaysia over the next 12 months.

Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, explained, "We are excited to make our first acquisition in Singapore, and welcome Gorilla into our SoPa family. Gorilla's technology platform aligns well with our acquisition strategy as we incorporate Gorilla's blockchain and Web3 capabilities onto the SoPa ecosystem and enable the new meta-economy for all our portfolio companies. From our Leflair lifestyle e-commerce platform to our Pushkart/Handycart F&B delivery services, as we roll out the Society Pass loyalty platform in the coming months, we leverage Gorilla's technology to drive customer retention for merchants and create innovative revenue models for our ecosystem."

"When we started Gorilla Networks three years ago, our vision was to build a democratised mobile communications service platform where users regardless of nationality, home location or mobile subscription plans can access essential telecoms services such as roaming and mobile data anywhere and everywhere throughout the world. Gorilla is currently transitioning existing web 2 telco services onto the web3 economy by tokenising mobile data as digital assets. In 2021, we digitised eSIMS, data plans, and mobile numbers as NFTs, which dramatically transformed how our users purchase, interact and experience mobile services. By joining forces with SoPa's extensive ecosystem and large user base in Southeast Asia, we are thrilled about the combined marketing capabilities we will now bring collectively to our partners and customers," exclaimed Xanne Leo, Founder and Chief Executive Officer of Gorilla Networks.

Society Pass leverages cutting edge technology to tailor an unprecedented experience for the next generation customers in the purchase journey and to transform the entire retail value chain in Southeast Asia. Through the acquisitions of market-leading companies and partnerships with visionary entrepreneurs in six distinct B2C e-commerce verticals: lifestyle, food & beverage delivery, travel, digital marketing, telecoms and food and beverage ordering, the Company meets SEA's growing demand for a new meta-economy experience.

About Society Pass

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

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

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

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

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

TMT Offers Immersive Customer Experience with Latest Megastore in Pavilion Bukit Jalil

KUALA LUMPUR, May 20, 2022 – (ACN Newswire) – Malaysia's largest technology retailer Thunder Match Technology Sdn. Bhd. (TMT) is happy to announce the opening of the fifth TMT Megastore at Pavilion Bukit Jalil, bringing a total number of 49 branches including flagship Megastores nationwide.
MR. LCK, Assistant Sales Director, Thunder Match Technology Sdn. Bhd.; MR. ADRIAN YU, Founder & Managing Director, Thunder Match Technology Sdn. Bhd.; DATO' JOYCE YAP, Chief Executive Officer of Retail, Kuala Lumpur Pavillion Sdn. Bhd. [L-R]


The Company, which celebrates its 25th anniversary this year, has grown from strength to strength ever since the first TMT retail store was opened in Plaza Imbi in 1997. TMT is now a network of offline retail and ecommerce platforms offering the latest technology gadgets with a one-stop solutions concept dedicated to providing consumers and shoppers an online to offline ("O2O") omni-channel consistent purchasing experience. The O2O omni-channel experience is a signature TMT experience.

The newly launched TMT Megastore located at Pavilion Bukit Jalil offers shoppers an exclusive retail experience with an extensive and wide range of quality technology products and gadgets. The Megastore also includes maintenance and repair services under one roof.

To commemorate the opening of the store, TMT is offering Grand Opening Star Buy from as low as RM1, Grand Opening deals with savings up to RM700 from 20-22 May and ongoing on-ground surprise events.

TMT also operates concept and experience stores for Acer, ASUS, HP, Huawei, Lenovo, OPPO, Samsung and Vivo. It is also an authorised Apple reseller and service provider.

Founder of TMT, Mr. Adrian Yu said, "This latest TMT Megastore opening continues our pursuit of connecting people to technology brands by supplying an extensive range of quality products to promote smarter living. At this location, we also have a special section with an extensive range of gaming product offerings catered to a growing gamer base. We are pleased to partner with Pavilion Bukit Jalil to bring another physical store experience to shoppers and providing the best retail and e-tail experience to meet all shoppers' technology needs."

"We prioritize efficiency, convenience and provide excellent shoppers experience as our employees undergo continuous training that enables us to have dedicated and knowledgeable teams in all our stores. This gives customers an immersive experience from purchasing to after-sales service as they increasingly adopt smarter living through the use of technology. Our people are there to help and to consult on what suits customer needs."

Dato' Joyce Yap, Chief Executive Officer of Retail, Kuala Lumpur Pavilion Sdn, Bhd said, "The everyday digital lifestyle of consumers are evolving rapidly and Pavilion Bukit Jalil strives to continuously fulfil shoppers' needs by becoming a tech haven through having the latest and cutting-edge range of IT/tech-based products and solutions. We are thrilled to welcome TMT, one of the largest IT and tech retailers in Malaysia to Pavilion Bukit Jalil."

"We anticipate the increase in visitor footfall further with the opening of TMT's newest Megastore as visitors can now flock to Pavilion Bukit Jalil to shop for a wide selection of technology gadgets while enjoying the many other attractions the mall offers," added Dato' Joyce Yap.

TMT has been awarded "Best Sales", "Top Excellence Dealer", "Best Partner", "Best Performing Store", and "Highest Growth Store" awards from its brand partners among others.

Thunder Match Technology Sdn. Bhd.: https://www.tmt.my/

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

Retention Cloud Leader CleverTap Acquires Leanplum

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

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

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

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

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

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

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

About CleverTap

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

Media Contact:
Sony Shetty
CleverTap
sony@clevertap.com

Forward-Looking Statements

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

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

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

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

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

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

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

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

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

About Society Pass

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

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

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

Forward Looking Statements

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

Media Contacts:
PRecious Communications
sopa@preciouscomms.com

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

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

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


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

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

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

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

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

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

About CleverTap

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

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

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

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

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

Believe Pte raises $55M in Series C funding to continue its global mission of delivering breakthrough personal care and beauty products

Singapore, Apr 21, 2022 – (ACN Newswire) – Singapore-headquartered Believe Pte Ltd, a fast-growing consumer products company serving the global Muslim audience with brands spanning skincare, fragrances, make-up and hair care has raised Series C funding of US $55M from incoming investors Venturi Partners and IIFL AMC alongside continued participation from Jungle Ventures, Accel, Alteria Capital and Genesis Alternative Ventures. Investment from IIFL AMC is subject to approval from the Securities and Exchange Board of India (SEBI).
Nicholas Cator, Founder and Managing Partner, Venturi Partners


The Company (started in mid-2019) has delivered rapid growth in its relatively short history, thereby inspiring investor interest and has cumulatively raised over US$ 80M over the last two years.

The Series A and Series B fund raises were led by Accel and Jungle Ventures with participation from Wamda Capital, a Middle East based fund. The current Series C raise in Believe's third year of operation is led by Venturi Partners, a Singapore-based investment platform founded by veteran consumer investor Nicholas Cator. Venturi Partners enables consumer-facing business startups to build disruptive brands in sectors such as FMCG, education, health-tech, home improvement, etc. in India and Southeast Asia. IIFL AMC's private equity fund that has backed several leading consumer brands will also co-lead this round, subject to approval from SEBI.

This is Venturi's second investment and is a testament to the investment platform's expertise in identifying and supporting multi-geography, high-growth consumer brands with an online and offline presence. Nicholas Cator, Founder & Managing Partner at Venturi said, "We are excited to be backing the most experienced BPC founders in the region and have been extremely impressed by their ability to build a diversified portfolio of products and a unique distribution network during a pandemic. We are convinced that with its strong team and group of investors, Believe will become the leading global halal and clean BPC house of brands."

With the likes of Swiggy, Licious, Dailyhunt, and Country Delight in its portfolio, IIFL AMC looks to back market leaders and disruptors across businesses, while keeping sight of profitability at steady state. Chetan Naik, Fund Manager at IIFL AMC, said, "Believe has demonstrated unprecedented traction and growth in a very short period via its brands focused on the global markets in the BPC segment. With its unique positioning of halal based clean products (devoid of alcohol and animal ingredients), it has addressed the latent need of a large target market in a highly focused manner. Its growth is a testament to how a relevantly positioned brand with strong product efficacy creates resonance with its consumer and creates value for all. We are delighted to partner with the exceptional team at Believe for the company's next phase of growth."

Believe is a house of brands that includes Lafz, ZM and Dr.Rhazes. The brands have received incredible customer love in Bangladesh and India with a growing base in GCC countries. They are sold in over 8 countries and are manufactured across the globe including countries like South Korea, Italy, Spain, France, Germany and UAE.

While Lafz is the flagship premium brand crafted with traditional ingredients; ZM's vegan, cruelty free, single ingredient positioning finds popularity among the youthful and aspirational.

Believe's vision to create enduring brands consistent with consumers' belief systems while ensuring highest efficacy, quality and uniqueness drives its success across distribution formats in the Middle East and Asia. This fundraise will catalyze consolidating market share in Bangladesh and India (via strategic acquisitions) while deepening reach in GCC and South East Asia (through both organic and inorganic growth) paving the path to becoming a large global CPG conglomerate.

Ankit Mahajan, CEO of Believe PTE Ltd said, "We have received tremendous consumer love all the way from launching our first product in 2019 to witnessing 2.5x growth in last 1 year. Our 2000+ family of happy Believers is our eyes and ears to the ground that help us be nimble and responsive to consumer needs. We have created a relentless marketing organization that has the ability to identify consumer needs, use of 12-member strong R&D expertise to make fantastic products and then put our international supply chain to deliver global standard products to countries across the world."

IndigoEdge, Bangalore (India) headquartered investment bank focused on new age consumer brands was the sole advisor for this transaction.

Media contacts:
Adfactors PR:
Snigdha Nair, India: Snigdha.nair@adfactorspr.com
Namrata Sharma, Singapore: Namrata.sharma@adfactorspr.com

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

Trintech Announces New Chief Human Resources Officer

DALLAS, TX, Apr 20, 2022 – (ACN Newswire) – Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the appointment of Monna Nevils as Chief Human Resources Officer (CHRO) of Trintech. With a focus on employees, Nevils will help Trintech continue to build an engaged, inclusive, and high-performing culture. She will lead all aspects of human resources, including talent acquisition, learning and development, organizational development and effectiveness, compensation and benefits, diversity and inclusion programs, and benefit systems.

"Businesses don't create value; people do. Our employees are the heart of our business which is why I am thrilled to welcome Monna as our new CHRO focused on continuing to provide our employees with a great place to work and ways to grow and develop their careers," said Teresa Mackintosh, Chief Executive Officer of Trintech. "Monna's strong track record and rich experience in talent development and change management across teams will help us to ensure we continue to build an agile culture of inclusivity and personal growth for all, while attracting the talent to meet the evolving needs of our customers in this digital world."

Nevils joins the Trintech team with more than 20 years of experience holding global HR leadership roles spanning industries such as technology, real-estate, banking, and healthcare. She is a creative and innovative global human resources executive with experience in aligning the people function to the overall business strategy, developing and executing plans that amplify an inclusive, collaborative culture. Her broad experience includes M&A, change management, talent acquisition, succession planning, learning and development, performance management and total rewards. Prior to joining Trintech, Nevils was the VP, HR – Americas; Global HRBP, Product Marketing for Datalogic. She also served as the Chief Human Resources Officer for Behavioral Health Group (BHG). Nevils earned her MBA from the University of Houston and undergraduate degree in business from Lamar University. She is also a certified trainer and coach and has her Senior Professional in Human Resources (SPHR) certification.

"I am very excited to be joining Trintech as the new CHRO to continue building upon the strong foundation of practices Trintech already has in place today," said Monna Nevils, Chief Human Resources Officer of Trintech. "It is evident to me that Trintech prioritizes a customer and people-centric culture and passion for innovation, and I look forward to partnering with the team to develop a progressive and aligned global HR strategy to support an environment where talent and culture continue to be a foundational and driving factor in the success of Trintech."

Trintech has most recently been named a Dallas/Fort Worth "Best and Brightest Companies to Work For(R)" 2022 Elite Award Winner by the National Association for Business Resources. Interested in joining our team? Check out our open positions here. https://www.trintech.com/careers/

About Trintech

Trintech Inc., a leading global provider of cloud-based financial close solutions for the Office of Finance, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

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

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


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

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

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

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

Top three reasons to use online sourcing platforms

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

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

Can virtual fairs supersede physical fairs?

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

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

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

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

Main survey findings

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

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

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

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

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

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

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

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

About HKTDC

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

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

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

ZALL Smart Commerce Group (2098.HK) increased revenue by 40.3% in 1H2021, aims for RMB100 billion on year

SINGAPORE, Sep 1, 2021 – (ACN Newswire) – ZALL Smart Commerce Group (ZALL; 2098.HK), Asia's largest B2B e-commerce group, today announced its results for the first half 2021 (January 1 – June 30, 2021). ZALL's revenue rose by 40.3 per cent year-on-year to RMB 50.16 billion (US$7.76 billion), on the back of stronger Group operating capacity. Gross profit rose to RMB 607 million (US$93.96 million), an increase of 8.1 per cent year-on-year, and profitability remained stable.

Revenues from ZALL's offline wholesale markets and online Industrial Internet platforms such as Shenzhen Sinoagri, ZALL Steel, and Huasuhui steadily increased, benefitting from the gradual increase of services in ZALL's ecosystem, spanning wholesale trade markets, agriculture, steel, plastics and chemicals and other industries. Supply chain services such as finance, warehousing, and logistics also continued to empower upstream and downstream customers in the industry value-chain, laying a solid foundation for rapid growth.

Previously, ZALL embarked on a new strategic rebrand and is committed to becoming the world's largest digital trade platform. The Group looks to incorporate "New Trading Methods" and use advanced digital technologies, such as Big Data, Artificial Intelligence and Blockchain to achieve this goal.

Mr Qi Zhiping, CEO of ZALL Smart Commerce Group said: "ZALL will focus on innovation and the development of digital trade, leveraging data as the driving force to build a new B2B digital trade ecosystem and improve the efficiency of the industrial chain."

New brands, New directions, New trends

During the first half of 2021, the Group saw a growth in customer loyalty as its industry vertical platforms such as Shenzhen Sinoagri, ZALL Steel, and Huasuhui expanded into subcategories to provide practical, efficient and convenient supply chain services for upstream and downstream customers in the industry value-chain:

– Shenzhen Sinoagri has been enhancing their online trading of cocoon silk, sugar, and expanded to include live pigs, corn, coffee and other product categories.
– ZALL Steel has successfully passed the CMMI3 international certification, and its SaaS cloud service was significantly upgraded.
– ZALL Steel Warehouse (Fengshan Port) was successfully inaugurated, and its supply chain service system was gradually improved.
– Huasuhui's supply chain financial service "Plastic Loan" celebrated its first anniversary since its launch and has helped nearly a thousand Micro-, Small- and Medium-Enterprises (MSMEs), enabling a coordinated development ecosystem of industry and finance.
– Leveraging the service capabilities of ZALL's intelligent trading ecosystem to interconnect domestic and international resources, Zallgo facilitates commodity trade flow between wholesale markets and commodities, creating a trillion-level market of commercial tools through digital empowerment, and is committed to becoming a super portal for industrial Internet transactions and services.
– ZALL's offline flagship project, North Hankou International Trade Centre ("North Hankou") actively promotes the integrated development of traditional commerce and live streaming e-commerce. The industry ecology of the live-streaming trade has started to develop, with orders happening at major specialised trading markets in an orderly manner, and the construction of 12 major projects of Wuhan International Trade City progressing smoothly after its upgrade. North Hankou is overall ranked second among China's commercial markets, and is China's largest and the world's leading commercial and logistics platform.

ZALL has also established integrated online and offline development while contributing to China's economic circulation. As a leader in global digital trade, ZALL established ZALL International Trade Group to service MSMEs that is committed to becoming a large-scale comprehensive import and export trade group that "buy from the world and sell to the world". Its principal businesses include operating the national pilot market for foreign trade, comprehensive foreign trade services, and import and export trade. The Group's commodities marketplace, Commodities Intelligence Centre (CIC) uses blockchain technology to provide one-stop cross-border B2B trade to support the entire process of commodity-related transactions, helping companies uncover new business opportunities, reduce transaction costs, and achieve greater trading synergies globally.

ZALL's robust strategic layout and strong operating capabilities are highlighted in the integration of domestic and foreign trade, both online and offline, and the construction of an efficient supply chain service system. During the first half of 2021, ZALL continues to provide services such as smart warehouse logistics and supply chain finance. Powered by information technology, smart warehouse logistics uses Internet of Things (IoT) to integrate automation, informatization, and Artificial Intelligence (AI) technologies for cargo delivery and storage applications, and has helped companies to reduce costs and increase efficiency. Supply chain financial services such as "factory loans" and "supply-guaranteed E-loans" use real-trading scenarios to promote enterprise innovation through the integration of industry and finance, optimizing the overall capital flow of the industrial supply chain, and improving circulation efficiency.

In addition, ZALL is committed to help companies kickstart their business growth through data technology. During the first half of the year, Wuhan City announced their first batch of 271 digital economy application scenario projects. Two solutions developed by ZALL Research Institute, a subsidiary of ZALL, were selected. They include "Banking Financial Product Data Mutual Trust Project based on Low Code Blockchain Solutions" and "Data Cross-Chain Platform based on Privacy Protection". This has further enhanced commercial efficiency in the digital realm.

Coupled with its Corporate Social Responsibility (CSR) efforts, as well as its extraordinary achievements in promoting the digitalisation of traditional enterprises, ZALL has been growing its influence in the field of digital trade for many years. These accomplishments have been widely recognised by the government, financial and industry leaders, media and the general public. During the first half of 2021, ZALL has consecutively won the best new economy award; the most value-added company award; Top 10 listed China Industrial Internet companies; Top 100 in China Industrial Internet (Industrial Digitalization); Hubei's Best Hong Kong Stock Listed Company among other awards, and was ranked 155th in the Fortune China 500 list in 2021.

In 2020, ZALL achieved a revenue of RMB 72.769 billion (US$11.27 billion), in line with expectations. With steady growth of 40 per cent in 2021, ZALL is expected to achieve RMB 100 billion (US$15.49 billion) in revenue this year and reach the top echelon of the industrial digital trade industry. Through this process, ZALL intends to emerge as a leader in new trading methods, while maximising the value of digital trade, and becoming the world's leading digital trade platform.


About ZALL Smart Commerce Group

ZALL Smart Commerce Group is a leading Chinese B2B e-commerce group (ranked 155th of Fortune China 500 companies) with a truly global footprint, and its companies trading worldwide: HKSE, NYSE, SSE and SZSE. ZALL Group develops and operates Asia's largest B2B offline-to-online trade ecosystem, in China and Southeast Asia, including Singapore, with more than 30 B2B platforms in China, US and Singapore, and a GFA of more than 10 million sqm of wholesale trade centres in China. In 2018, ZALL Group achieved a GMV of more than RMB 600 billion (US$85.2 BN), serving over 1 million SME customers worldwide. ZALL has also obtained a virtual banking licence and currently operates Z-Bank in China since 2017, one of China's Top 5 digital banks that has supported more than 5.5 million SME and individual customers.

Since 2018, ZALL has invested in five projects in Singapore, including the Commodities Intelligence Centre (CIC), Singapore's first physical commodity eTrading platform (B2B) powered by blockchain technology; ezbuy.sg, Singapore's leading global online shopping platform; ZMA Smart Capital, an online trade finance company; ZALL Chain Technology, a blockchain solutions company.

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