Bussr to Reach $1 Billion in Sales on Its Mobility Platform in 2022

SINGAPORE, Sep 2, 2021 – (ACN Newswire) – Bussr offers a mobility payment solutions platform for businesses and users, powering payments infrastructure for the mobility market using the latest booking and ticketing innovations. More than 800 businesses have already signed on to use Bussr's platform, 100 of which, amounting to US$150 million in annual sales, will go live in 2021.

Bussr believes that every trip and transaction should empower people to move and connect, with the smallest carbon footprint possible. Every Bussr trip considers distance and environmental impact as well as the ability to reduce urban congestion.

Bussr is also in the advanced discussion stage with the Indonesian Government to digitize the metro transit ecosystem, with an expected 10 million daily users.

Bussr's innovative offerings extend to disrupting the last-mile logistics space; delivery brands and retailers will have a simple, automated way of integrating and adding the most relevant payment options to their business model, delighting their customers with affordable same-day delivery.

The mobility sector is an immense $2 trillion market that still relies on paper cash, fax machines, and manila envelopes. By 2050, the global population is projected to increase to around 9.8 billion, with more than twice as many people living in urban areas than in rural settings. The need for innovation in the mobility and logistics payments sector is clear.

"We are tackling a massive $2 trillion market, developing modern software for an industry that still relies on woefully outmoded paper-based systems. We bring security, efficiency, and joy to a paper-based pillar of the global market economy. We want to empower mobility and logistics partners with the right tools for their users. Mobility providers will be able to offer seamless payment options across the entire mobility ecosystem," said Hussein, CEO of Bussr.

Bussr's payment solutions platform allows mobility businesses of all types to have bespoke booking and ticketing solutions for their respective markets. For operators, brands, and retailers, getting onboard with Bussr is a near-effortless three-step process:
1. Get your branded mobile app and website
2. Add your product with prices and descriptions
3. Choose your payment options and start selling

The overarching theme of efficiency runs deeper — Bussr understands that its responsibilities will ultimately impact people and the planet alike. This means that every trip and transaction should empower people to move and connect, all the while with the smallest carbon footprint possible. Every trip considers distance and environmental impact as well as its ability to reduce urban congestion.

With the complex goal of changing the way people connect across cities and countries, Bussr benefits from its strong leadership trio: tech entrepreneur Hussein Abdelkarim, former Rocket Internet founder and CEO, I.M. Shousha, veteran technology consultant and co-founder, and Ajay Bhandari, former Microsoft Chief Architect, CTO, and co-founder.

It's no surprise that Bussr promises an exciting ride ahead for all on board. To learn more about Bussr, and its goal to digitize mobility and connect the world, join the dialogue at www.bussr.com.

Contact:
HA, Bussr Technologies
E: press@bussr.com
U: https://www.bussr.com

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

iSend Logistics Malaysia Partners IKOBANA to Expand Delivery Business Nationwide

KUALA LUMPUR, Sep 1, 2021 – (ACN Newswire) – iSend Logistics Malaysia ("iSend"), a logistics and warehousing specialist and a subsidiary of MAA Group Berhad, is expanding its last-mile delivery services through a partnership with Ikobana Sdn Bhd ("IKOBANA"), a homegrown courier and freight forwarding services provider established in 2006, with 70 outlets across Peninsular Malaysia.

The COVID-19 pandemic, and the lockdowns, has quickened the pace of digital adoption among consumers as well as businesses, with an ensuing boom in e-commerce transactions. According to the Department of Statistics Malaysia, for the second quarter ended 30 June 2021, e-commerce income grew by 23.3% to RM267.6 billion compared to the same quarter in 2020 while compared to the first quarter ended 31 March 2021, income grew by 5.1%.

For the whole of 2020, e-commerce income grew by 32.7% to RM896.4 billion as the COVID-19 lockdowns boosted not only online retail transactions but also transactions among businesses particularly in the manufacturing and services sectors.

"Set against this backdrop, an important feature in this 'chain' is the delivery provider. Whilst online transactions are a fun – and occasionally, therapeutic – way of 'surviving' these gloomy times, what's NOT so fun is waiting for that much anticipated delivery, and if you're the sender, not knowing whether your items will be delivered safely – and in one piece – to the recipient," said Zamri Rahman, iSend Logistics General Manager.

Tapping into this current landscape, iSend, a full-suite, land-based logistics provider and warehousing company, which has its main warehousing operations in the Klang Valley, Penang, Johor and soon in Kuantan and Melaka, is offering personalised, cost-efficient, fast and reliable courier delivery services, not only to its corporate clients but also to the public.

"This strategic partnership between iSend and IKOBANA will provide an opportunity for us to demonstrate our position in Malaysia's first and last mile delivery market. To keep up with the e-commerce boom in Malaysia, iSend will be focusing on partnerships, ramping up investment into technology and strengthening operations. We've identified gaps in consumer demand and will be offering exciting and newly improved products and services soon," explained Zamri.

Elaborating, he shared, "We plan in the next five years to expand across Malaysia by having at least 99 satellite stations with the support of seven hubs in each region. We currently have six distribution centres and 60 satellite stations in Malaysia." The company also has a presence and originates from the Philippines.

Customers using IKOBANA's iShop to drop and send off goods can now select iSend as their fast and reliable last-mile delivery provider and enjoy special rates. At the same time, IKOBANA will provide the best shipping comparisons from reputable courier companies online and offline, which is good value for money especially for supply-chain customers, who will also save time in the decision-making process.

Ikobana President, En Nurhazli Ghazali, said, "iSend's first/last mile operations enables point-to-point delivery service. IKOBANA outlets can now offer home pick-up for parcels using our mobile app. With the pandemic, customers are more familiar doing transactions on the internet and are happy not to go outside".

Please contact the below for more information:
Hakim Juraimi
Tel: +60 12-318 5410
Email: h.juraimi@swanconsultancy.biz

Copyright 2021 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.

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

Ethics Complaint Filed Against Washington Companies Attorney

LAS VEGAS, NV, Aug 20, 2021 – (ACN Newswire) – Bar complaint about ethics violation against attorney Mr Johnathon Hammond of the law firm Bohrnsen Stocker Smith Luciani Adamson PLLC of Spokane, WA was filled on May 6, 2021, with the Washington State Bar Association. An added complaint was filed to the original complaint on June 7, 2020, of aiding and abetting his client in the spoliation of evidence.

The bar complaint filing is in part due to Mr Hammond's ongoing characterization of fraud toward the actions of Mitchell "Moe" Truman regarding a federal court case in the Western District of Washington at Tacoma. In a multiple-year lawsuit, attorney Hammond has repeatedly called Mr Truman a fraud with no supporting facts to support his views. Instead, Mr Hammond seems to want the facts of the case presented only in a way that supports a self-retention insurance program, Mr Hammond contends it is fraud. Additionally, Mr Hammond asserts fraud was committed by Mr Truman in running under another companies DOT number. A self-retention insurance program is when a company insures itself against losses. Another example of fraud asserted by Mr Hammond is a company with no tax return. Mr Hammond exacerbates about how ETON must have a tax return, rather than accepting the fact ETON has several a dormant company which has no income, is not operating, and therefore files no tax returns.

The added complaint is the circumstantial evidence that Mr Hammond may have engaged in perpetuating a spoliation action towards the federal court. There is missing, destroyed, or lost evidence that is important to this case regarding the discussion between two persons on how the equipment was to be loaded onto a flatbed truck that went on to destroy a bridge in the State of Washington. Mr Hammond has two clients, Modern Machinery and one of Modern Machinery's employees, Mr Tyler Piles. The two clients offer substantial testimony on the matter of a missing, lost, or destroyed accident report. Mr Piles testified he wrote and then handed an accident report to his Modern Machinery supervisor. After the accident, the Modern Machinery supervisor prepared his accident report which he had Mr Piles then post-dated and signed a new accident report. The original accident report is missing, lost, or has been destroyed. There is a good body of evidence that points to spoliation of the evidence. Mr Hammond knows of this spoilation of evidence by one of his clients and still has chosen to represent Modern Machinery in his client's potential deception action on the court. Several attorneys were asked what would an ethical attorney do under this circumstance of the missing document and the vast majority stated they would drop out of the case for ethical reasons.

About Mr Hammond
As an attorney and agent of the court, Mr Hammond is held to a higher standard of action, use of language, and inferences preservation of evidence. The suit Mr Hammond is engaged in on behalf of Modern Machinery is due to an unfortunate and highly preventable accident caused by Modern Machinery and its personnel. The incident was the loading for shipment of over-height equipment. Once it left the Modern Machinery facility it destroyed a freeway overpass in the State of Washington.

About ETON
A Las Vegas-based premier transportation company serving the Western United States with equipment, professional drivers, and superior on-time service.

About The Washington Companies
A group of privately held companies headquartered throughout the United States and western Canada and conducting business internationally, whose purpose is to reliably provide equipment, technology, service, and special expertise that aids customers to operate more efficiently and more profitably. The Washington Companies' affiliation gives it the ability to interconnect and combine resources and remain highly competitive. The individual success of each company also empowers a strong sense of social responsibility, realized through corporate charitable activities and programs funded by the Dennis and Phyllis Washington Foundation.

About Modern Machinery
Part of a large consortium of privately held companies collectively known as the Washington Companies, owned by billionaire Dennis R. Washington. Modern Machinery sells and rents high-quality heavy equipment and provides product support to the construction, mining, and forestry industries. The Modern Machinery terminal in Rochester, WA is home to a large staging area for a variety of Komatsu products brought from overseas awaiting shipment to other Komatsu dealers.

About Komatsu America Corp
A U.S. subsidiary of Komatsu Ltd., (OTCMKTS: KMTUY) the world's second-largest manufacturer and supplier of earth-moving equipment, consisting of construction, mining, and compact construction equipment.

Bohrnsen Stocker Smith Luciani Adamson PLLC
Offers legal services to the residents of Washington and Idaho. Their main office is located in Spokane, Washington.

ETON.me
Mitchell Truman
+1 (702) 348 6370
http://www.ETON.me
Environmental Transportation of Nevada, LLC

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

JWD to acquire 20% stake in ESCO, sealing partnership with PSA

BANGKOK, Jul 27, 2021 – (ACN Newswire) – JWD InfoLogistics PLC (JWD), specialized in ASEAN logistics and supply chain solutions, announces a major investment, when on July 23 it agreed to acquire a 20% stake in ESCO, a Thai shipping container port operator and supply chain operator, with PSA Singapore, the world's largest port operator by equity-weighted throughput, as ESCO shareholder. With the acquisition, JWD will become a major international container terminal operator at Laem Chabang Deep-Sea Port and inland container depot (ICD) service provider at Ladkrabang, increasing its capability for multimodal transportation services, by land, sea and rail.

JWD InfoLogistics (SET: JWD), ASEAN top specialist in supply chain solutions, will acquire up to 20% of ESCO, the operator of international container terminals at 3 locations within Thailand's Laem Chabang deep-sea port.

Mr Charvanin Bunditkitsada, Executive Committee Chairman and CEO of JWD, said "This investment is in line with our 5-year strategic plan to increase capability for multimodal transportation services. On July 23, our Board of Directors authorized JWD Transport (Thailand) Company Limited, a subsidiary of JWD, to acquire 20% of the shares in Eastern Sea Laem Chabang Terminal (ESCO), a major international container terminal operator at Laem Chabang Deep-sea Port in Chonburi Province and an inland container depot (ICD) service provider at Ladkrabang. With the share acquisition, JWD also becomes a business partner of PSA, manager and operator of Singapore's world-class transshipment hub, as PSA is also a shareholder in ESCO.

"We consider this significant investment a major undertaking this year, to be funded by the recent issuance of debentures as well as from operating cash flow. Initially, JWD Transport will take a 15% effective share in ESCO, with an option to increase to 20% within the next 6-12 months," Mr Charvanin said.

ESCO currently operates international container terminals at 3 locations within the Laem Chabang Deep-Sea Port; i) ESCO (B3), where ESCO directly develops and manages a concession from the Port Authority of Thailand (PAT); ii) LCB1 (B1) terminal and iii) LCMT (A0) terminal, with ESCO a shareholder of the company that holds the concession to operate both terminals. In 2020, the three cargo terminals handled about 2 million twenty foot-equivalent units (TEUs), or 20% of the total throughput processed at the Laem Chabang Deep-Sea Port. The demand for services at the international container terminals is expected to grow continuously with the recovery of the world economy following improvements in the pandemic situation in the USA and Europe.

ESCO is also one of 6 inland container depot (ICD) service providers at Ladkrabang handling container traffic for various shipping lines not located within Laem Chabang Port, helping reduce lead time and transportation cost. Revenue is derived from the operation of the container yard and import and export warehouses, along with Customs clearance services, and furbishing and transporting containers by land and rail – which will increase opportunity for JWD's freight business and offering additional services to users of Ladkrabang ICD Station.

"JWD expects to realize its share of capital gains from ESCO no later than October," Mr Charvanin added. "The investment in ESCO will serve as an extension of our international freight port operations in Laem Chabang. With our stake in Transimex, a major logistics provider from Vietnam, incoming international shipping port service business will empower us to provide multimodal transportation services, connect a wide range of freight services including by car, rail, water, and increase the opportunity to expand our customer base from container port service and ICD Ladkrabang station service to provide a full range of logistics services.

"JWD is already providing multimodal transportation services, such as transportation and transfer of general cargo, vehicles, hazardous cargo and chemicals, the transportation of cargo from Bangkok to the international container terminal at Laem Chabang, the lifting and transport of containers by rail from the Northeast, from the Eastern Economic Community (EEC), as well as the industries from Rayong Province to Laem Chabang Port. Therefore, this investment will help to expand our customer base as well as both our Bangkok-to-Laem Chabang and ICD Ladkrabang-to-Laem Chabang transportation services. Also significant is the provision for using the cargo traffic data from Laem Chabang international port to further develop our logistics capabilities," Mr. Charvanin concluded.

Visit: JWD InfoLogistics PLC (SET: JWD); Bloomberg: JWD.TB, Reuters: JWD.BK; https://jwd-group.com/en/.
Media: Yuttachai Praikanahok, MT Multimedia for JWD, T: +66 9 1736 2866, E: yuttachai.p@mtmultimedia.com

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

ZALL Makes Headway in Global Digital Trade with New Strategic Rebrand

SINGAPORE, Jul 16, 2021 – (ACN Newswire) – ZALL Smart Commerce Group (ZALL), Asia's largest B2B e-commerce group, looks to become the world's leading global digital trade platform with its new strategic rebrand. It aims to create an open and interconnected B2B trading ecosystem between China and ASEAN, and to drive the rapid growth and development of industries and businesses through the use of new trading methods and advanced technologies.

With the strategic rebrand, ZALL aims to create value through its global intelligent services across B2B transactions, supply chain services and digital cloud services, transforming industrial value chains across the region and enabling businesses to improve overall efficiency. ZALL currently serves around 30 B2B platforms in China, the United States and Singapore, to millions of SMEs worldwide. It has also been investing heavily in the development of next-generation intelligent trading platforms to help empower seamless data exchange across platforms integrating information, logistics and capital flows across wholesale and commodities, retail trade and logistics industries in China and Singapore.

Testament to their hard work and effort, ZALL and its Singapore-based international trading platform, Commodities Intelligence Centre (CIC), were recently conferred the prestigious Gold and Silver Awards at the 2021 Asia-Pacific Stevie Awards during the virtual awards ceremony held on 14 July 2021. It is a major achievement for the teams as it highlights ZALL's dedication towards transforming global trade and supply chains since its strategic rebrand.

Peter Yu, Executive Vice President of ZALL Smart Commerce, Singapore, shared, "As the world continues to adapt and rise up to the challenges posed by the pandemic, we wanted to focus our efforts on digital innovation, creating an even more resilient and sustainable global trade and supply chain ecosystem. This can be done by incorporating data and digital technologies into every part of the industrial value chain, from both the demand to the supply side. With our expertise in Artificial Intelligence, Big Data and Blockchain, we believe we are well-positioned to help businesses worldwide adopt innovative technologies to succeed in the new digital world order."

On the back of its strong technology research and development capabilities, ZALL was also ranked 58th in the '2020 Global Blockchain Invention Patent Ranking' published by the incoPat Innovation Index Research Center. ZALL's research institute was granted more than 200 intellectual property rights last year, namely in the fields of blockchain, artificial intelligence and big data. Recognising the complexity and difficulty of adopting blockchain for many enterprises, ZALL recently launched 'Z-Block Gateway', a blockchain Backend-as-a-Service (BaaS) solution that is both low-code and easy to operate and deploy across various industries and mainstream cloud servers.

Alongside ZALL, CIC has also launched "CORP INFO" that offers "Know-Your-Counterparty" and "Credit Info" services to help SMEs manage their business risks by being able to verify and conduct due diligence on prospective business partners and counterparties before engaging in official dealings. Companies will have access to a range of essential business information such as business registration, historical background, holding companies, shareholders, legal and financial activities, lawsuits and related risks of more than 200 million companies and 2.1 billion trade records in Singapore, China and other parts of the world to help businesses better identify their counterparties.

About Commodities Intelligence Centre (CIC)

The Commodities Intelligence Centre (CIC) is a global trading platform for physical commodities including Ferrous & Non-Ferrous Metals, Chemicals & Plastics, Oil & Petroleum, and Agri Commodities. Officially launched in Singapore on 12 Oct 2018, CIC is a Joint Venture between China-based ZALL Smart Commerce Group, Global eTrade Services (GeTS) and Singapore Exchange (SGX) to build trade connectivity through digital marketplaces and to grow a vibrant trading ecosystem in Singapore.

CIC aims to revolutionise commodity trading and facilitate cross-border trade through deal matching, trade finance, supply chain logistics, track and trace and global trade compliance. Since its establishment in October 2018, CIC has achieved a GMV (Gross Merchandise Volume) of more than US$13.4 billion (S$17.6 billion), with over 5,800 registered users covering markets including Singapore, Malaysia, Indonesia, India, China, among other countries in Asia. For more information, please visit https://www.cic-tp.com/.

About ZALL Smart Commerce Group

ZALL Smart Commerce Group is a leading Chinese B2B e-commerce group (Fortune" China Top 500 list in 2020) with a global footprint across the world and its entities are listed on three exchanges on HKSE, NYSE and SSE. 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 mil 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. For more information, please visit http://en.zallcn.com/

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

Straits Inter Logistics set to develop Asia’s largest STS Energy Transhipment Hub after receiving approval from Marine Department Malaysia

KUALA LUMPUR, Jul 12, 2021 – (ACN Newswire) – Straits Inter Logistics Berhad ("Straits" or "Company"), a Bursa Malaysia Listed Company, announced today that it has received approval from Marine Department Malaysia for Victoria STS (Labuan) Sdn Bhd ("Victoria STS") to develop an integrated offshore Ship-to-Ship (STS) Energy Transhipment Hub within the port limits of Victoria Bay, Labuan. Victoria STS is a 70% owned subsidiary of Fajar Maritime and Logistics Sdn Bhd, which in turn is a 60% owned subsidiary of Straits.

The STS hub will be Straits' energy flagship project which will be located within the port limits of Victoria Bay deep water area spanning a vast 3309 hectares supporting an initial six (6) STS berths with safe water depths of up to 30 meters. The development will advance the introduction of state-of-the-art multi-functional energy transhipment facilities that will be able to accommodate LNG carriers up to the size of a Q-Max and Very Large Crude Carriers (VLCC).

Victoria Bay is strategically located along the international shipping and energy trade routes. Straits' plan to develop the STS Hub is set to be one of the largest offshore Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) energy transhipment hubs in Asia. The STS hub is also strategically located within the vicinity of Labuan Liberty Port which is managed and operated by Megah Port Management Sdn Bhd ("MPM'), a 51% owned subsidiary of Straits.

The STS hub will be highly synergistic to Straits' existing operations, leveraging on Straits' bunkering and port services.

The first phase of the STS hub will be to develop a modern anchorage-based and Single Point Mooring system infrastructure supporting up to six (6) Deepwater Mooring Berths. This infrastructure will streamline cargo compatibility with LNG, LPG, Liquefied Ethylene Gas (LEG) and Bulk Petroleum and Oil cargoes. The STS hub is slated to commence operation by the 4th Quarter of 2021.

To ensure the success of the STS energy transhipment hub, Victoria STS has joined hands with two key partners, namely MISC Maritime Services Sdn Bhd ("MMS") and STS Marine Solutions (Bermuda) Ltd ("STSM") as strategic collaboration partners in the development of the hub. In the earlier planning stage, both MMS and STSM have separately signed Memorandum Of Understanding (MOU) with Victoria STS with a view to facilitate further Definitive Agreements when the STS hub materialised.

MMS is a member of the MISC Group of Companies and it serves as the centre for maritime services in the provision of marine assurance and compliance, port and terminal management and operations, and consultancy services to a range of clients in the energy sector. Incorporated initially in 1992 as PETRONAS Maritime Services Sdn. Bhd. (PMSSB), the company was rebranded as MMS when it became part of the MISC Group in 2015. The principal businesses of the MISC Group comprise energy shipping and its related activities, owning and operating offshore floating solutions, marine repair and conversion, engineering and construction works, integrated marine services, port management and maritime services as well as maritime education and training. MISC is currently one of the largest single owner-operators of LNG carriers in the world and had recently ventured into the emerging sectors of LNG bunkering vessels (LBV), and very large ethane carriers (VLECs).

STSM, which is based in UK, is a world leading ship-to-ship and ship-to-shore service provider with more than 30 years' experience in crude oil, refined petroleum, LNG and LPG transfers. Their specialised mooring masters deploy their worldwide services across 26 global locations and it offers full operational and technical support for ship to ship/shore operations, terminal management, and project consultancy. Their services comprise LNG STS full-service provision, LNG terminal management, Emergency STS response and planning, STS procedural development and STS equipment procurement.

Commenting on the latest development, Straits Group Managing Director Dato Sri Ron Ho Kam Choy said: "We are certainly very excited on this new STS transhipment hub as it is a landmark milestone for Straits Group. Straits has over the years diligently established its comprehensive infrastructure and widened its customer base and this STS hub will kickstart Straits' foray into the Sustainable and Alternative Energy space. With this project as a start, Straits aims to be a major player in the Sustainable and Alternative Energy industry in addition to its current fuel bunkering and port operation business.

The STS transfer hub project will connect Labuan into the global energy grid by creating a transhipment infrastructure to access the maritime energy trade network. Our main focus is to collaborate with specialist industry partners like MMS and STSM to establish Victoria Bay Port as a major LNG and LPG energy transhipment hub. We are confident we are able to serve the needs of the major global shipping lines customers with our wide spectrum of energy related maritime solutions.

On top of that, this STS hub will be a new local economic driver with huge and substantial spillover effect to the local maritime services as well as employment opportunities for both skilled and semi-skilled labour. It will also be a catalyst to other related business in the Malaysia Maritime sector. The Company will be preserving the environment, with plans to establish an articial reef designed for sustainable fishing and to conduct coral conservation and water monitoring programmes to help the reefs of Labuan recover from the past blast and cyanide fishing which has caused fish stocks to deplete rapidly."

To have a video insight on the operations of the Victoria Labuan STS hub, please click on this link: https://youtu.be/aRdXXYZfFu4

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

Shippit Inks Three New Deals with Leading Logistics Providers Janio, FedEx and Qxpress to Strengthen Domestic and International Capabilities

SINGAPORE, Jul 1, 2021 – (ACN Newswire) – Today, fast-growing e-Commerce fulfilment tech company Shippit announces it has signed three new delivery partner deals with integrated logistics solutions provider Janio, global logistics player FedEx, and e-Commerce logistics expert Qxpress. These deals come as part of Shippit's efforts to rapidly scale up its operations in Southeast Asia following its A$30 million Series B fundraise in December 2020.

Apart from strengthening Shippit's domestic delivery network in Singapore and Malaysia, Shippit's new partnership with Janio will allow Shippit to open up its delivery lanes with special rates in Southeast Asia, China, and the US. This enables merchants access to ship to more countries than before at lower costs. The partnership with Qxpress will help Shippit improve reliability and flexibility in domestic deliveries by offering new delivery options such as "same-day delivery" in Singapore, so parcels can reach end customers quickly.

With an estimated 40 million new users in Southeast Asia coming online because of the pandemic, e-Commerce spend has unsurprisingly surged; the industry is currently valued at US$62 billion and is expected to grow to US$172 billion by 2025. To support the increasing number of merchants moving online, Shippit has also added new integrations with some of the largest e-Commerce platforms such as WooCommerce and Magento to support a wider variety of merchants. WooCommerce and Magento join existing partner Shopify, allowing merchants a seamless integration with the Shippit platform.

Shippit has onboarded a variety of SMB and Enterprise clients in different product categories such as Seira Elves, Global Knives, Looqal, Sans & Sans, Hush Candles, Blender Bottle, Sterling Nutrition, and Boxgreen.

Mark Lancaster, Southeast Asian Business Development Lead at Shippit, said: "Shippit wants to be the platform of choice for growing, scaling and enterprise merchants across the region to support fulfilment and enable more last-mile choices. It's critical that we continue investing in carrier integrations, product enhancements that benefit our merchants to capitalise on this growth in the region. These recent carrier deals expand our network capability providing more domestic and international services to our growing merchant base."

"The growth of e-commerce in Southeast Asia has been phenomenal, and the need for robust technological and logistical infrastructure has never been higher. We are truly excited to be working with Shippit to collectively serve southeast Asia's merchants", said Senthil Kumar, Janio Group Head of Commercial.

Shippit recognises the negative environmental impact deliveries have and is committed to a future of sustainable retail. It is one of the only logistics SaaS platforms across APAC, that offsets 100% of the carbon emissions on deliveries made on Shippit's discounted rates, at no extra cost to the merchant. Shippit does this by partnering with the Carbon Neutral Group and purchasing carbon offsets to support projects that prevent and reduce greenhouse gas emissions. To date, the company has offset more than 278,000 kilometers of carbon footprint for its Singapore clients.

Shippit Co-founder and Co-Chief Executive Officer William On, said: "Southeast Asia presents a huge opportunity for Shippit; we think the region is set to become the world's largest e-Commerce market within the next five years! Since Shippit's launch in Southeast Asia in July 2020, we've seen our business grow quickly — and expect that it will continue to scale — which is why we are looking to improve our capabilities across the region and might consider expanding into other countries in the future."

Shippit was founded in Australia in 2014 with the intention of providing frictionless delivery options and enhanced customer experience. Shippit's software enables retailers to instantly ship with leading partner carriers, share seamless tracking and notifications, as well as provide dedicated delivery support.

Since the fast-growing logistic SaaS platform's expansion to Singapore less than a year ago, the company has announced partnerships with Shopify, SingPost, Ninja Van, DHL and Aramex and now powers more than 20,000 deliveries per month. Shippit serves more than 275 merchants across Southeast Asia and has a dedicated team of 7 people working across the region with a shared staff of 40 in product and customer service. Shippit is also present in Malaysia and is currently strengthening its offerings in Malaysia by partnering with local carriers and improving product capabilities.

About Shippit

Shippit is a fast-growing e-Commerce fulfilment technology company founded in Australia. Powering delivery for Asia's leading retailers like Sephora, Decathlon, UNIQLO, CottonOn, Harvey Norman, and JD Sports, Shippit's powerful shipping engine saves retailers time, money and provides better experiences for delivery recipients. By simplifying omni-channel fulfilment, enabling retailers to accept cash on delivery and removing friction from the cross-border shipping process, Shippit simplifies shipping for retailers so they can focus on growing their business. For more info, please visit: www.shippit.com/

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

Shippit Inks Three New Deals with Leading Logistics Providers Janio, FedEx and Qxpress to Strengthen Domestic and International Capabilities

Bussr Joins BMW Foundation and MIT Global Sustainability Initiative

SINGAPORE, Jun 26, 2021 – (ACN Newswire) – Singapore-based transport disruptor Bussr is joining the BMW Foundation and Massachusetts Institute of Technology (MIT) to participate in their global mobility and sustainability initiatives. The initiative will kick start with a global workshop panel of cross-sectoral leaders on June 23.

The global workshop will "Explore how digital and socio-ecological transformations will change the ways in which humans interact with civic and social mobility, within the existing infrastructure as well as within entirely new infrastructure systems."

Uniquely qualified to present new ideas and perspectives on the topic of mobility, Bussr is one of the world's leading innovators in the global transit and ground passenger transportation market, which will reach US$908.8 billion by 2027.

Bussr is a world-leading AI-based mobility company that offers advanced technology for cities' public transportation, private transport operators, corporates, and schools. Bussr uses advanced AI algorithms for elegant booking, payments, analytics, and operations to facilitate mobility to millions of people.

With the confident aim of changing the way the world moves from A to B, Bussr is the bold vision of former Microsoft Chief Architect, co-founder and CTO Ajay Bhandari, former Rocket Internet founder and CEO Hussein Abdelkarim, and veteran technology consultant and co-founder I.M. Shousha.

Ajay, who will speak at the prestigious event, said, "We are seeing undeniable and massive population shifts towards urban centers, and now is the time to have an honest but optimistic discussion about how we can leverage technology to give equitable access to mobility services. It's also important that we make transport services and infrastructure sustainable and viable for operators and society overall. We are thrilled to talk at this important event, and we look forward to providing insight wherever we can."

With everyday citizens seeking better lives in our cities, the world's urban population has increased by 55% in the previous 50 years and now accounts for more than 80% of global GDP. Mobility is key to this growth, with demand for urban road passenger transport predicted to double by 2050.

Forward-thinking global centers have realized that mass transport, such as subways, buses, ferries, and trains, as well as cycling and walking, are the way of the future. The rise of electric cars (EVs), micromobility, Uber, Didi, and Grab have made some gains in recent years, but much more needs to be done to solve the global transportation sector's inherent throttling.

Ajay, Abdelkarim, and Shousha view today's transportation industry as a busy, but chaotic dance. Currently, private passengers must arrange their travel manually, connecting multiple modes of transportation at different times that may or may not be convenient. On the other hand, transport providers still use manual scheduling techniques based on outmoded tradition rather than real-time data, which results in massive inefficiencies across the board.

The trio believes that their digitization of mobility networks will add a coordinated elegance to the way people travel. With its AI-powered technology, each Bussr journey is a synchronized, smooth jump from point A to point B, leaving cities less polluted and filled with people rather than vehicles. All of this contributes to Bussr's overall objective of "Digitizing mobility. Connecting the world."

Bussr's Mobility-as-a-Service (MaaS) platform serves as a private-use app as well as an end-to-end, omnichannel payment, ticketing, and fleet management solution for transport providers. Its specialized AI platform constantly analyzes millions of data points to assist mass transit systems to operate at peak efficiency for both passengers and operators.

For private passengers, the Bussr app is accessible for both iOS and Android, and gives end-to-end travel alternatives such as public buses, ride-sharing, trains, or even bike and scooter rentals to complete a trip. The user simply enters Point A and Point B, and the Bussr app uses its advanced AI algorithms to offer the optimal route in terms of time, cost, and carbon footprint by reducing reliance on single-occupant motor vehicle use.

Bussr's platform, which is available to cities, transport operators, schools, and corporations, may be branded or white-labeled for any use case. Bussr enables ticketing and payment administration, as well as extensive data insight on passenger flow, timing, and density. Operators are then able to correctly predict and plan for future passenger and transportation demands.

More than 900 transport partners already benefit from Bussr technology. In addition, 60 major payment providers are already on the Bussr platform, with 100,000 retail stores in 500 cities and towns.

The global workshop will be hosted by RESPOND, an initiative of the BMW Foundation. RESPOND works with entrepreneurs across the globe to drive innovation, accelerate sustainable business models, and empower responsible leadership in order to solve the world's social, environmental, and economic challenges.

Media Contact:
HA, Bussr Technologies
Email: press@bussr.com
Web: https://www.bussr.com

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