Yan Zhi: Promote the Entrepreneurial Spirit in Global Expansion

SINGAPORE, Sep 11, 2020 – (ACN Newswire) – China's top executives from state-owned and private enterprises recently gathered for a press conference organised by China's State Council Information Office (SCIO) in Beijing to talk about entrepreneurship and the role of innovation in the development of enterprises. The event saw participation from among China's top business leaders including Ning Gaoning, Chairman of Sinochem; Liu Yonghao, Chairman of New Hope Group; Zhou Yuxian, Chairman of China National Building Materials Group; and Yan Zhi, Chairman of ZALL Group ("ZALL").



Yan Zhi, Chairman of ZALL Holdings Ltd (Photo credit: The State Council Information Office of China)



Yan Zhi, Chairman of ZALL shared, "I feel that it is very important, especially during this unprecedented crisis, such as the Covid-19 pandemic, to promote the entrepreneurial spirit which is a mindset that embraces the love for his or her hometown; social responsibility; positive attitude; and innovation. ZALL has managed to grow our footprint across the world underpinned by our values as we ride the wave of globalisation and innovation, and I envisaged this trend to continue."

As one of the first companies in China to operate traditional wholesale markets, logistics, and ports, ZALL has developed Asia's largest B2B offline-to-online trading ecosystem in China and Southeast Asia. Combining online platforms, offline marketplaces and supply chain networks, ZALL empowers customers, merchants and enterprises with access to more convenient, efficient and accurate services, from trading, logistics to property and finance.

"We are developing a new generation of global intelligent trading platform powered by the application of new advanced technologies, such as Artificial Intelligence, Blockchain, Big Data, and modern supply chain management that will become the driving force and catalyst for China's "dual-circulation" economy," added Mr Yan.

ZALL Smart Commerce Group., the global e-commerce entity under ZALL, recently reported that 2020 first half-year revenue grew by 3 per cent year-on-year to reach RMB 35.76 billion (USD 5.24 billion), and achieved net profit of RMB 281 million (USD 41.14 million), despite the impact of the Covid-19 pandemic. Revenues from supply chain management and trading business largely contributed to the Group's total turnover at around RMB 34.96 billion (USD 5.12 billion).

Commodities Intelligence Centre (CIC), Singapore's first physical commodity B2B e-trading platform powered by blockchain technology also saw revenues cross USD 1 billion in its 2020 first-half revenues, surpassing its entire 12 month revenues from 2019. As a joint venture between ZALL Smart Commerce Group Ltd., Singapore Exchange (SGX) and Global eTrade Services (GeTS), CIC offers a global intelligent trading platform to more than a dozen countries, helping companies to reduce transaction costs, optimise the efficiency of their supply chains across cross-border trading, financing, logistics, compliance and risk management; achieving greater trading synergies globally.

ZALL is also one of the nine bidders who made the shortlist for the Singapore wholesale digital banking license with only three licenses set to be awarded by end-2020. The digital bank foray will mark ZALL's fourth major project in Singapore since 2018, as it aims to bridge the funding gap and support the expansion of local SMEs and micro-SMEs into Asia.

With a strong commitment towards social responsibility, ZALL was the first company to activate and mobilise their global supply chain networks and resources to deliver emergency supplies within 48 hours of the lockdown to the Wuhan epicentre. The Group has provided 11 air cargo shipments of medical supplies, including masks, and personal protective gear to 556 hospitals and medical institutions in Hubei province in China, and has setup seven emergency hospitals and three fangcang sheltered hospitals to alleviate the severe hospital bed shortage at the epicentre.

Beyond supporting China's fight against Covid-19, ZALL has stepped up efforts to empower governments around the world in the fight against Covid-19, and has published two e-books that is translated into more than 20 different languages to share their knowledge and experience with fighting the pandemic in China and Wuhan. The Group also donated a total of RMB 185 million of medical supplies to 16 countries and regions around the world, including Singapore and affected countries, such as Japan, France, Czech Republic, Cambodia, Indonesia, Peru, Ecuador as well as Central And West African countries.

"As an entrepreneur, the basic spirit that one must have is to love one's country and hometown, and if one is not even able to love their hometown, we can't really expect them to love anything else," said Yan Zhi.

About ZALL Smart Commerce Group

ZALL Smart Commerce Group is a leading Chinese B2B e-commerce group (ranked 166th of Fortune China 500 companies) with a global footprint across the world and is 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. For more information, please visit http://en.zallcn.com/

For media queries
PRecious Communications for ZALL
ZALL@preciouscomms.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

XanPool Concludes US$4.3 Million Series Pre-A Financing

HONG KONG, Sep 11, 2020 – (ACN Newswire) – Hong Kong-based fintech startup XanPool (xanpool.com) is pleased to announce it has raised US$4.3 million in a Pre-A financing round led by blockchain technology and service provider OK Group, alongside Hashkey and Gumi Cryptos, to spearhead its infrastructure expansion into the eastern hemisphere.



Xanpool's Jeffery Liu, CEO on Left, and Artem Ibragimov, CTO on Right.



XanPool's payment infrastructure allows instant processing of traditional and cryptocurrencies without custody risk. Conventional crypto exchanges require long waiting times – several hours days to days – to clear deposits and withdrawals. Several high-profile exit scams in the space has led users to be wary of keeping substantial amounts of crypto-currency on an exchange.

XanPool C2C software enables users to settles their crypto-currency to local-currency trades in seconds instead of hours, without taking custody of customer funds throughout the entire process. This is done by having users run XanPool's custom APIs, which are built into local payment solutions such as FPS in Hong Kong, IBFT in Pakistan, and InstaPay in the Philippines.

Essentially, the C2C technology allows individuals and businesses to participate in market-making between cryptocurrencies and the local currency by "plugging" their financial infrastructure (such as bank accounts and e-wallets) into the XanPool network. They will then join an extensive C2C network of over 500 liquidity providers across the Asia Pacific region.

XanPool currently has over 75,000 transacting users in over 8 South East Asian countries, and has plans to expand into Pakistan, Bangladesh, Russia, Japan, Korea, Australia, and New Zealand in the coming two quarters.

Commenting on the successful funding round, Estrella Du, a representative from OK Group's Investment Department, said: "The Eastern Hemisphere has seen massive adoption of digital payments; we think XanPool's first-principles reconsideration of crypto on and offboarding infrastructure can drive massive efficiency in the Asian ecosystem. OK Group is excited to partner with XanPool in building the next generation payment infrastructure."

Jeffery Liu, Chief Executive Officer at XanPool, said, "Our aim is to build the most affordable infrastructure for the processing and of cryptocurrency, and routing of local currency; the money raised will allow us to expand beyond Southeast Asia and reach out to a wider group of users on the Eastern Hemisphere."

XanPool's architecture has applications in cross-border payments as well, says Jeffrey. "Besides our geographical expansion, one of the focus areas for our next few quarters will be the traditional-online merchant payment space. Merchants across Asia are encumbered by legacy payments routing institutions, intermediaries, and infrastructure.

"Cryptocurrencies can enable instant, peer-to-peer cross-border routing and settlement, cutting out the middle men. Imagine a Pakistan merchant accepting Hong Kong dollars with FPS and receiving Rupees through IBFT within a few minutes."

Daniel De Weyer, former Global Director at SWIFT, after having worked for over 20 years at SWIFT, has also joined the XanPool team as a Director. As such, Daniel will assist in and lead some of XanPool's geographic, and product expansion effort westwards.

About XanPool

XanPool software allows anyone to seamlessly enable Crypto to Fiat on or offboarding. Instantly executing and settling transactions without taking custody of customer funds. Our unique C2C software solution and liquidity network makes the onboarding and offboarding infrastructure in crypto much more user friendly, and resilient against existing infrastructure dependency (such as bank partners). We allow institutions and retail to on and off board regardless of their infrastructural limitations.

XanPool analogizes its collective technology to a "SWIFT-like Network", but instead of taking days or weeks to settle, XanPool, using only more modern payment solutions with less overhead and risk, can settle similar transactions with a fraction of the cost, and speeds which are magnitudes faster, within seconds. Visit xanpool.com.

Jeffery Liu, Chief Executive Officer at XanPool, is available for interviews.
Media: Fred Tan, Marketing & PR Manager
Email: Fred@XanPool.com & Support@XanPool.com
Phone: +852 5334 3110 (WhatsApp only)




Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AppsFlyer Launches Xpend to Provide Marketers Accurate Cost Data at Scale in One Holistic Platform

SINGAPORE, Sep 10, 2020 – (ACN Newswire) – AppsFlyer, the global attribution leader, today announced the launch of Xpend, the company's new cost aggregation product that supports complex schema and data mapping to help alleviate the pain points marketers face due to fragmented cost data. With the industry shifting towards a more aggregate way of measuring marketing efforts, the importance of having an accurate, complete, and actionable cost aggregation solution has become paramount. Xpend covers 100% of marketers' spend data from any source, and provides access to granular data enabling them to act fast on their spending goals, accurately optimize ad spend, and ultimately make smarter and more informed decisions.

"Over the past few years, we've worked with thousands of customers and partners measuring tens of billions of dollars in ad spend through our cost aggregation product. Everything we learned was used to create its next generation – Xpend," said Gal Brill, General Manager – ROI360, AppsFlyer. "We see this product as part of a holistic approach to help our advertisers and partners keep their marketing stack working seamlessly. "Providing aggregate cost data via APIs has become more important than ever before. Through years of experience working with performance marketers, we've built Xpend to solve the data aggregation and normalization challenges that marketers face today. AppsFlyer is well known for providing reliable and accurate attribution data; tying in cost is only a natural next step."

Marketers are familiar with the tedious setbacks associated with fragmented data such as manually entering in weekly spend reports for hundreds of channels and sources, pulling together endless spreadsheets, filling in missing gaps, and correcting wrong data. As marketers strive to keep up with growing scale and data complexity, Xpend allows them to access all of their data in one innovative in-house solution to accurately optimize their marketing spend.

With industry updates focused around privacy and security ahead, using cost data tied to attribution links alone may no longer be considered a reliable solution on its own. This is why combining privacy centric attribution with aggregating cost data directly through API integrations with partner networks is a critical solution for marketers.

"At the core of our customer-centric strategy is keeping our ear to the ground: listening and responding to the industry's pulse. We should know what marketers want and need before they even realize it," said Ronen Mense, APAC President & Managing Director, AppsFlyer.

The exponential expansion of data, coupled with the challenge of managing thousands of channels and networks, has become the number 1 pain point for every marketer. On top of this, the inclusion of currencies has also created an expensive and wasteful problem of information overload. From that point on, we knew we had to develop an industry-first solution.

With Xpend, all of these data points are being pulled into one place, seamlessly housing attribution and cost under one control center. This latest AppsFlyer product offering delivers an accurate, mobile-first compatible, and fully optimized cross-channel experience."

Xpend provides marketers a comprehensive way to access all cost data and streamline it into an ETL (Extract, Transform, Load) process, which aligns various schema of data into a single model that makes the data easy to aggregate, analyze, and optimize. Additionally, Xpend is integrated with 60+ APIs, including Facebook, Google, AppLovin, and recently added Twitter & Tencent Marketing Solutions.

For more information on Xpend, please visit https://www.appsflyer.com/cost-aggregation/.

About AppsFlyer

AppsFlyer, the global attribution leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement and analytics solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and 7,000+ technology partners make better business decisions every day. To learn more, visit www.appsflyer.com.

Media Contacts
Ishina Sakhrani
PRecious Communications on behalf of AppsFlyer
appsflyer@preciouscomms.com
+65 6303 0567

Press Contact For AppsFlyer in APAC
Nico Marco
nico.marco@appsflyer.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Singapore’s Elite Partners Acquires Warehouse in Poland for over EUR30 Million (S$48.6 Million) from Subsidiary of Sovereign Fund GIC

SINGAPORE, Aug 31, 2020 – (ACN Newswire) – Elite Partners Capital ("Elite Partners" or "Elite") announced today it has acquired a warehouse in Mszczonow, Poland for more than EUR30 million (S$48.6 million) from a subsidiary of Singapore's sovereign wealth fund GIC. The transaction spearheads its build-up of a portfolio of specialised logistics assets in Europe to address opportunities arising from COVID-19-related disruptions.



The 58,500 sqm (629,700 sqft) facility is the largest warehouse in PepsiCo Poland's distribution network



Elite, a Singapore-based private equity firm, said its Elite Logistics Fund (the "Fund") acquired the warehouse from GIC's wholly owned P3 Logistics Parks. Headquartered in the Czech Republic, the latter also owns a second logistics hub in the Polish town of Piotrkow.

The 58,500 sqm (629,700 square feet) facility is the largest warehouse in PepsiCo Poland's distribution network, and consolidates the global F&B leader's logistics and warehouse processes, which were previously run out of several different locations across the Central European nation.

The transaction increases Elite's presence in the Mszczonow Park to six buildings, with a total area of over 230,000 sqm (2,476,000 square feet). It follows the acquisition of five buildings in March 2020, which was one of the largest transactions in Poland's logistics sector this year.

Situated south-west of Warsaw, the Mszczonow warehouse is well served by expressways and motorways connecting the Polish capital to Berlin. It is also strategically located just an hour's drive from the Lodz terminal – the main terminal for the Chengdu-Lodz railway, linking Europe to China.

The latest acquisition is the Fund's third since May 2020 and has proceeded despite the market and economic disruption caused by the COVID-19 pandemic. The Fund is building a portfolio of European assets focusing on specialised warehousing (in particular, for e-commerce fulfilment and food logistics distribution), cold chain logistics as well as logistics infrastructure. Launched in January 2020, the Pan-European fund is targeting such specialised assets in Poland and the United Kingdom – where it already owns eight other properties – amongst other countries in Europe.

Elite Partners believes that recent supply chain disruptions – first due to Brexit, followed by the COVID-19 pandemic since the beginning of 2020 – have opened up new challenges and opportunities for specialised logistics in Europe.

Mr Victor Song, CEO and Managing Director of Elite Partners, said "We are elated by the completion of this acquisition. The dedicated warehouse in Mszczonow is a vital part of our strategy to build up a Pan-European portfolio of specialised logistics assets in Poland and the United Kingdom with specific geographical focus in the key European logistics hubs.

"The COVID-19 pandemic has accelerated the need to establish dedicated warehouses for sorting and distribution to meet the surge in e-commerce and cold chain to store and distribute food and perishables at a time when more people are working from home. In turn, these require support from specialised logistics infrastructure. Our Fund will cater to all three aspects," added Mr Enoch Tan, Portfolio Director of the Fund.

Mr Tan noted that Poland has cost advantages for e-commerce fulfilment, exceptional land, sea and air connectivity and is an important component of China's Belt and Road Initiative.

"Poland also serves as a bridge for commerce and investments between Europe and Asia. We intend to leverage on Elite Partners' expertise in private and public capital markets to unlock value and opportunities in specialised logistics," said Mr Desmond Wang, Executive Director of JMD Holdings, a co-investor in the Fund and a unitholder of Singapore Exchange (SGX")-listed Elite Commercial REIT.

Incorporated in 2017, Elite Partners has launched four funds to date. It is also the Sponsor of Elite Commercial REIT, the first sterling-denominated Singapore REIT listed on the SGX.

Media Contact
Elite Partners Capital
Emily Goh, emilygoh@elitepartnerscapital.com, tel: +65 6779 9288

WeR1 Consultants Pte Ltd
Isaac Tang, elite@wer1.net, tel: +65 6737 4844

About Elite Partners Capital
Incorporated in 2017, Singapore-based Elite Partners Capital is an alternative asset management company focused on the management of yield-accretive global assets with high growth potential and well-defined exit strategies. Backed by a team with proven expertise in private equity and real estate investment trusts (REITs), its threefold investment philosophy aims to protect initial capital, preserve investment value and create new growth opportunities.

Elite Partners Capital holds a Capital Market Services (CMS) licence from the Monetary Authority of Singapore (MAS) under the Securities and Futures (Licensing and Conduct of Business) Regulations. For more information, please visit: http://elitepartnerscapital.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Entrepreneur Day: Start-ups get insights into overcoming challenges

HONG KONG, Jul 30, 2020 – (ACN Newswire) – Local start-ups have been rising to the challenges presented by the COVID-19 pandemic with agility and creativity. This year's HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), underwent a transformation in terms of format and content, with a series of seminars broadcast live on 16 and 17 July giving start-ups valuable insights into finding a path forward during this difficult time.



Running under the theme "Revive x Redefine", the 2020 E-Day invited a high-powered panel of speakers to speak at 19 online seminars.


Renowned futurist Gerd Leonhard addressed the "T-Chat: Futurising Your Business: Renaissance from the Age of Digitalisation" seminar and was joined for the discussion by (from left) Karena Belin, CEO & Co-Founder of WHub, Toa Charm, Associate Professor, Business School, the Chinese University of Hong Kong, and Herbert Chia, Venture Partner at Sequoia Capital China.


At the "Revive, Redefine" plenary session, Crystal Pang, Co-founder of Pickupp, shared tips on entrepreneurship and their personal experiences of turning creative ideas into viable business ventures.



Running under the theme "Revive, Redefine", the 2020 E-Day invited a high-powered panel of speakers to speak at 19 online seminars, offering insights into areas such as entrepreneurship, regional opportunities and technological developments to equip start-ups for future challenges. Virtual business matching sessions were also arranged, connecting local start-ups with companies in Japan, Korea, Thailand, Malaysia, Singapore and the United States to help them continue to capture business opportunities amid the current economic adversity.

Insights into the future: four "bigs" and 10 "game changers"

Broadcasting from Switzerland, globally renowned futurist Gerd Leonhard, CEO of The Futures Agency, shared in "T-Chat: Futurising Your Business: Renaissance from the Age of Digitalisation" the trends for entrepreneurship and opportunities for start-ups to thrive in the "new normal". Mr Leonhard explained that there would not be a post-COVID-19 return to normality, and that the new normal would be very different.

The world is undergoing a Great Transformation, he said, with four "bigs" playing a leading role – Big Tech, Big Media, Big State and Big Health. "Technology is everywhere. Without technology, we wouldn't be working from home, we couldn't find new ways to address the crisis. We couldn't analyse all the data. Without the AI (artificial intelligence), we couldn't have early warning systems," Mr Leonhard said. He added that the state helps to figure out how to restart the economy and to support the people, and that healthcare is becoming the number one issue. "We are going to have to put more money, more research into healthcare development and biotechnology," he said, "We all are addicted to the media now because we are at home. Big media is exploding. These four things together have huge opportunities." The result, he said, would be "HellVen", explaining it could be heaven or it could be hell, depending on how it is handled.

The future presents utter uncertainty, Mr Leonhard posited. Businesses needed to abandon traditional, pre-COVID ways of doing things and adapt to the VUCA normal – volatility, uncertainty, complexity and ambiguity. He advised entrepreneurs to flip VUCA and turn around the threats of the pandemic with "velocity, unorthodoxy, co-creation and awesomeness – to respond with speed and come up with new ideas, to work together, and to create solutions that can make a difference."

Technologies are developing extremely fast, and the COVID-19 pandemic is accelerating this further. The crisis and technological potential would drive extremely rapid and very disruptive change, he said, with more progress over the next decade than the world had seen over the previous century.

Mr Leonhard said 10 game-changers would shape developments over the coming decade, with the COVID-19 pandemic accelerating the impetus for change. The first game-changer would be "data everything" – with data as the "new oil", businesses need to have the numbers at hand to go forward. "Lots of start-ups in Hong Kong and all over the world are dealing with data," he said. This leads to the second game-changer – "cloud everything", with vast amounts of data calling for copious storage space. The next game-changer would be "connected everything" – through the Internet of Things (IoT) not just everyone but everything, be it appliances or vehicles, will be connected through the internet.

Another game-changer would be "compute everything", with quantum computers that are virtually unlimited in computing power. The next game-changer is "understand anything", whereby natural language processing will enable us to speak to machines as if they were humans. "Smart everything" will see machine learning greatly increasing the ability of machines and systems to adapt to change. Transactions will join communications as a game-changer, as blockchain technologies greatly expand the scope for, and reliability of, transactions.

Mr Leonhard said another game-changing development that will have great relevance to anyone trading in goods is the distribution of production. Improvements in the scope and quality of 3D printing mean items can be produced anywhere. "We will be able to print anything, from our tennis shoes to our wrist watches," he explained. Massive increases in the power of media technologies will expand the scope of media offerings, enabling people to "see everything" in the future through technologies such as virtual reality – and the current trend for working from home had given this a big boost. Improvements in genetic engineering mean it will be possible to "change anything" – a development that has massive ethical implications.

Panellists who appeared alongside Mr Leonhard at the seminar included Karena Belin, CEO & Co-founder of WHub; Toa Charm, Associate Professor, Business School, the Chinese University of Hong Kong; and Herbert Chia, Venture Partner at Sequoia Capital China. Mr Charm said that many Asian conglomerates rejected technological innovation in the past, and it was only when faced with growing competition that they began to open their doors to change. Referencing the current rapidly transforming business environment, he said: "All Asian conglomerates are opening up their doors to new technologies. They are thinking: 'I don't know about this, but I need it because my shopping malls, my hotels, my properties – nobody goes there to buy now'. I think this presents a golden opportunity for all of us – start-ups and technology companies, and enablers like incubators and accelerators."

In response to a question about leadership and how human skills are becoming more valuable, Mr Chia, said: "At this moment, when talking to a lot of CEOs in the field, I find there's a gap between the knowledge they already have and the knowledge needed to translate a business problem into a technology solution. Or, the other way round, where I have a technology solution, but I don't know what to fix." He believes successful leaders will be those who can bridge this gap and give their companies a clear direction.

Agility and understanding social norms

At the "Revive, Redefine" plenary session, William Ip, Managing Director of Carousell Hong Kong, and Crystal Pang, Co-founder of Pickupp, shared tips on entrepreneurship and their personal experiences of turning creative ideas into viable business ventures.

Mr Ip shared three tips with the audience: be agile, be a good listener and keep your business alive. Quoting celebrated scientist Stephen Hawking, who said that intelligence is the ability to adapt to change, Mr Ip highlighted the importance of agility for start-ups and entrepreneurs, especially in a challenging climate. He said that business drivers will change, and that development teams must be ready to adapt. "Being a start-up, we need to act very quickly and stay very close to the market. Sometimes you make decisions that seems to be correct at the time, but we also have to be prudent, agile, and humble – if that decision doesn't turn out to be the right decision, we need to change quickly," Mr Ip explained.

His second tip was to be a good listener. Businesses have to listen to their target audience and address the needs of the market segment, he said. As the retail sector has been hit hard by the COVID-19 pandemic, Carousell has been leveraging its platform to help small and medium-sized enterprises get online and connect with more customers. Lastly, Mr Ip said the most important goal for start-ups must be to stay alive as a business. Enterprises need to prepare for an uncertain future and think ahead to understand what the world will be like tomorrow.

Ms Pang offered insights into the classic question of how both technology and understanding social norms can be used to improve services. Customers want things cheap, flexible and traceable. She noted that while it is now very inflexible to operate a traditional logistics fleet, crowdsourcing was a viable option. "There is a lot of idle capacity in the city, and a lot of people with downtime," she said. "Students, maybe they work until 3pm then have four or five hours of downtime. Semi-retirees, they are still very healthy and can run around and do neighbourhood deliveries. Are we able to utilise them effectively, as long as there is good technology to trace and do quality control?"

Ms Pang also explained how advanced computerised systems were necessary when employing a more flexible and dynamic delivery system. For Pickupp's platform, thousands of deliveries will go out at any given time, all with different weights and dimensions, which need to be bundled together at the lowest cost.

Creating happiness can lead to growth

Katherine Cheung, Chief Marketing Officer at online education platform Snapask, shared on how the start-up has been able to grow its business in a difficult environment at a seminar titled "From Crisis to Chances: Unleashing Opportunities in Challenging Times". She described online education as "hard to start, harder to win".

With the goal of offering the best online learning experience, the Snapask team conducted in-depth research and ran numerous surveys to identify what would make users happy. They found that an instant experience and instant support were important for online learners, especially during the COVID-19 pandemic. In response, the start-up made one small product change, to move all the fast-responding and always-online tutors to every single page possible whenever users log in so they can offer immediate support. Ms Cheung said that faster matching of students and tutors has resulted in more referrals and retentions, so "creating happiness means growth," she said.

Photo download: https://bit.ly/334i18E

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 trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Contact:
Please contact Creative Consulting Group or HKTDC's Communications & Public Affairs Department: Creative Consulting Group June Wong Tel: +852 3159 2909 / +852 6986 5822 Email: june.wong@creativegp.com Peggy Mak Tel: +852 3159 2982 / +852 9482 3144 Email: peggy.mak@creativegp.com HKTDC Leslie Ng Tel: +852 2584 4239 Email: leslie.ss.ng@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Episode Six Secures $7 Million to Accelerate Global Growth as Demand for Digital Transformation Increases

AUSTIN, TX / ACCESSWIRE, Jul 21, 2020 – (ACN Newswire) – Episode Six, a next-generation financial technology provider, today announced that it has secured $7 million of its Series A funding. The round was led by HSBC and includes investments from Mastercard and SBI Investment Co., Ltd., which first invested in Episode Six through its FinTech Business Innovation Fund in 2017.

"Financial institutions and innovators in other industries like healthcare are beginning to realize the constraints of legacy technology, especially given the increasing demand for new products and streamlined efficiencies," said Episode Six CEO John Mitchell. "We have developed financial technology which, via more than 500 APIs, facilitates that next level of configurability for companies looking to digitize their account and payments infrastructure or launch new products and solutions. We are pleased our investors share the same vision of helping businesses bring their offerings into the future."

In the past year, Episode Six has expanded its footprint in three of the world's largest financial markets – Tokyo, Singapore and London, and rolled out its latest technology enhancements, IONIC and Vertices, which allow for unprecedented flexibility and innovation in creating state-of-the-art, customer-centric financial and payments products. With this new funding, Episode Six will continue to grow and expand globally, delivering enhanced technology that powers digital transformation for companies and institutions in financial services, fintech, health tech and more.

"Episode Six has proven the power of its technology in Asia-Pacific, helping us develop digital wallet propositions to better serve our customers," said Brian McKenney, Chief Innovation Officer of HSBC's Global Liquidity and Cash Management division. "We look forward to exploring opportunities for expanding our product roadmap with Episode Six across other markets in the future."

Jason Lane, Executive Vice President, Market Development Europe at Mastercard noted: "Mastercard is committed to drive the digital economy making lives simple, seamless and secure. Fostering innovative banking services is essential for us to realize this commitment. To that end, we're pleased to support Episode Six in its endeavor to expand its activities in Europe."

Currently, 3 million consumers and businesses use products built using Episode Six technology. DLA Piper, a multinational law firm, served as counsel for the Company's Series A. For more on Episode Six's future-proofed financial technology, visit www.episodesix.com.

About Episode Six

Episode Six provides a next-generation financial technology platform for creating innovative and differentiated financial and payments products for consumers and businesses, enabling financial institutions, fintechs and other innovative companies to serve their customers better. Episode Six was founded by payments pioneers with the mission of redefining what is possible in the financial services and payments industries – industries that are increasingly burdened with inflexible legacy technology, which severely limits product evolution and innovation. Episode Six's proprietary, innovative technology was built from scratch and was architected to be future-proofed. It provides unparalleled product customization and on-demand product management capabilities. It is portable and compatible for use anywhere in the world with easy installation, integration and connection facilitated by an extensive and comprehensive set of APIs. Episode Six makes it possible for companies of all sizes to effortlessly design and manage products that consumers and businesses want and need. For more information, visit www.EpisodeSix.com.

Media Contact:
Michelle Mead
Caliber Corporate Advisers
michelle@calibercorporate.com
(888) 550-6385 ext. 7

SOURCE: Episode Six

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Entrepreneur Day helps start-ups redefine industries

HONG KONG, Jul 15, 2020 – (ACN Newswire) – In light of the COVID-19 situation, this year's HKTDC Entrepreneur Day (E-Day) has undergone a transformation in terms of format and content, with a series of seminars being broadcast live on 16 and 17 July. The public can register for free at https://hktdc.hermeslive.com/en/.



For the first time, a futurist will speak at E-Day. The "T-Chat – Futurising Your Business: Renaissance from the Age of Digitalisation" seminar will address emerging issues in the post-COVID-19 era, with Gerd Leonhard shedding light on future trends in such fields as business, society and governance in the face of exponential technological progress.



HKTDC Assistant Executive Director Stephen Liang said: "Start-ups have been bearing the brunt of the unprecedented challenges, such as the impact on capital flow, brought by the COVID-19 pandemic. However, the new normal has given rise to business opportunities through the use of pioneering innovative technologies."

Mr Liang added that this year's E-Day, under the theme "Revive, Redefine", highlights the practical and inspirational aspects of start-ups that can help to ensure the survival, growth, transformation and sustainability of the current business ecosystem in the face of significant changes and challenges, while promoting the agility necessary to embrace future challenges. The seminars feature more than 30 heavyweight speakers from such fields as smart logistics, education technology and biotechnology to share how to deploy pioneering ideas and innovative technologies to disrupt existing industries and tap into new markets.

Insights into the future of entrepreneurship

E-Day will be joined by Gerd Leonhard, a futurist who will address the audience from Switzerland tomorrow (16 July) to shed light on emerging issues in the post-COVID-19 economy and future trends in such areas as business, society and governance in the context of exponential technological progress. Mr Leonhard will share how the future of jobs, work and commerce is being redefined amid the challenges and transformation brought about by the pandemic; examine the role of innovation, creativity and entrepreneurship in creating major breakthroughs in a technology-dominated future; and look at what start-ups and entrepreneurs can do to be future-ready. He will be joined by Karena Belin, CEO & Co-Founder of WHub, Dr Toa Charm, Associate Professor, Business School, the Chinese University of Hong Kong, and Herbert Chia, Venture Partner at Sequoia Capital China, to discuss how COVID-19 will shape decision-making for start-ups, incubators and venture capitalists in Hong Kong and Asia.

Another seminar tomorrow, titled "From Crisis to Chances" will examine how entrepreneurs are able to turn challenging situations into opportunities, offering inspiration to the audience. Highlighting Hong Kong's research excellence and the city's experience in containing the COVID-19 outbreak, Professor Yeung King-lun from the Hong Kong University of Science and Technology will share how his team reacted to the challenges presented by the global pandemic to develop a smart anti-microbial coating, the Multilevel Antimicrobial Polymer (MAP-1) coating, to control infectious diseases. Designed for use on different surfaces including wood, glass, metals, concrete, plastics, fabrics, leathers and textiles, the coating provides lasting protection and surface disinfection against microbial contamination for a period of up to 90 days. The smart coating has already been applied in more than 70 day-care centres, homes for the elderly, kindergartens and primary and secondary schools. In addition, Professor HC Man, Dean of the Faculty of Engineering at Hong Kong Polytechnic University, will share on how his team launched the General Use Face Shield to provide enhanced protection for the public and minimise the risk of virus transmission within the community.

Business opportunities are also arising for start-ups in fields such as fintech, smart city and education technology. Katherine Cheung, Chief Marketing Officer of on-demand online tutoring platform Snapask, will share on how recent social distancing measures have unleashed opportunities for the Hong Kong-based start-up in both local and overseas markets. Founded five years ago, Snapask is now serving over 3.2 million students with more than 350,000 tutors across eight Asian locations – Hong Kong, Taiwan, Singapore, Malaysia, Indonesia, Thailand, Japan and Korea. The start-up has registered an increase of 1.3 million users over the past 12 months, including a big surge due to the suspension of classes amid the COVID-19 pandemic. In Hong Kong, the platform currently has some 40,000 tutors and 200,000 active users, most of whom are high school students with a high percentage of them preparing for the Hong Kong Diploma of Secondary Education examination. Some parents also seek advice while helping their primary school kids with their homework. Understanding the demand from students studying late at night, Snapask has pushed the boundaries of traditional tutoring to offer a 24-hour service. Apart from its app, Snapask is also developing business-to-business (B2B) solutions using AI technology to provide personalised learning resources through big data analysis.

Disrupting industries with pioneering ideas

At the event's plenary session tomorrow morning, titled "Revive, Redefine", William Ip, Managing Director of Carousell Hong Kong, and Crystal Pang, Co-Founder of Pickupp, will share how their start-ups are working to redefine their respective industries through pioneering ideas. Mr Ip will share how the company has promoted the concept of a "sharing" future through its customer-to-customer (C2C) marketplace. Ms Pang will introduce how the start-up is redefining the delivery industry and expanding its business in the Asian market. Pickupp also works with genetic testing and digital health company Prenetics to provide a door-to-door saliva specimen collection service for patients who need to undergo COVID-19 testing.

In addition, the newly launched Enterprise Connect series, featuring Arup, Epson and Fung Group, will showcase how enterprises can join hands with start-ups to create shared value and revive businesses across different industry pillars.

Representatives from the media are welcome to join the closed-door seminars, which will be held at S226-228 at the Hong Kong Convention and Exhibition Centre. Details are as follows:

16 July (Day 1)

Plenary Session: Revive, Redefine
Time: 11:30am-12:30pm
Speakers:
– William Ip, Managing Director, Carousell Hong Kong
– Crystal Pang, Co-founder, Pickupp
Language: English

From Crisis to Chances: Unleashing Opportunities in Challenging Times
Time: 3:15pm-4:15pm
Speakers:
– Professor Yeung King-lun, Department of Chemical and Biological Engineering & Division of Environment and Sustainability, Hong Kong University of Science and Technology
– Professor HC Man, Dean, Faculty of Engineering, Hong Kong Polytechnic University
– Katherine Cheung, Chief Marketing Officer, Snapask (Holdings) Inc
Language: English

T-Chat – Futurising Your Business: Renaissance from the Age of Digitalisation (Exclusive online broadcast session)
Time: 4:30pm-6pm
Speaker: Gerd Leonhard, CEO, The Futures Agency
Panellists:
– Karena Belin, CEO & Co-Founder, WHub
– Dr Toa Charm, Associate Professor, Business School, Chinese University of Hong Kong
– Herbert Chia, Venture Partner, Sequoia Capital China
Language: English

Please click here for details of all seminars over both days of E-Day. https://tinyurl.com/ycm58f7b

Photo download: https://bit.ly/328BLYh

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 trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
Please contact Creative Consulting Group or the HKTDC's Communications & Public Affairs Department: Creative Consulting Group Wendy Chan Tel: +852 3159 2962 / +852 6758 4869 Email: wendy.chan@creativegp.com June Wong Tel: +852 3159 2909 / +852 6986 5822 Email: june.wong@creativegp.com HKTDC Leslie Ng Tel: +852 2584 4239 Email: leslie.ss.ng@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Entrepreneur Day/Education & Careers Expo open 16 July

HONG KONG, Jul 8, 2020 – (ACN Newswire) – In the digital era, people are seeking out more innovative and resilient solutions to further their studies, develop their careers or start a business. The 12th HKTDC Entrepreneur Day (E-Day) and 30th HKTDC Education & Careers Expo open next Thursday (16 July) to offer comprehensive information on education and employment opportunities, and explore how entrepreneurship is driving social progress and redefining the future. The events provide a one-stop life-planning platform where participants can find a broad range of education and career options and entrepreneurial opportunities. The two fairs are being held at the Hong Kong Convention and Exhibition Centre (HKCEC) and are open to the public free of charge.



For the first time, a futurist will speak at E-Day. The "T-Chat – Futurising Your Business: Renaissance from the Age of Digitalisation" seminar will address emerging issues in the post-COVID-19 era, with Gerd Leonhard shedding light on future trends in such fields as business, society and governance in the face of exponential technological progress.


The 12th edition of E-Day will bring together more than 30 speakers and 180 exhibitors, highlighting the practical and inspirational aspects of start-ups that can help to ensure the survival, growth, transformation and sustainability of the current business ecosystem in the face of significant changes and challenges.


The 30th HKTDC Education & Careers Expo features four career theme days, highlighting the development and employment opportunities in different industries each day.



The two-day E-Day exhibition will showcase innovative products and services and stage more than 20 key events to inspire entrepreneurial ventures. In light of the current pandemic, the event has undergone a transformation in terms of format and content, with live seminar broadcasts and online business matching sessions. The expo, which runs from 16-19 July, offers designated zones under two themes, Education and Careers, giving the public easy access to information related to further studies and opportunities in the workplace. The two fairs will bring together around 870 exhibitors from 14 countries and regions.

Insights into the future of entrepreneurship

Under the theme "Revive, Redefine", this year's E-Day will highlight the practical and inspirational aspects of start-ups that can help to ensure the survival, growth, transformation and sustainability of the current business ecosystem in the face of significant changes and challenges, while promoting the agility necessary to embrace future challenges. For the first time, E-day will be joined by a futurist, Gerd Leonhard of The Futures Agency, who will shed light on emerging issues in the post-COVID-19 era in a seminar titled "T-Chat – Futurising Your Business: Renaissance from the Age of Digitalisation". Addressing the audience from Switzerland, Mr Leonhard will examine the role of innovation, creativity and entrepreneurship in creating major breakthroughs in a technology-dominated future. He will also discuss entrepreneurship trends and look at what start-ups and entrepreneurs can do to be future-ready. At the event's plenary session, "Revive, Redefine", William Ip, Managing Director of Carousell Hong Kong, and Crystal Pang, Co-Founder of Pickupp, will share how their start-ups are working to redefine their respective industries through pioneering ideas.

A seminar titled "From Crisis to Chances" will examine how entrepreneurs are able to turn the challenging situations presented by COVID-19 into opportunities, highlighting Hong Kong's research excellence. Professor Yeung King-lun from the Department of Chemical and Biological Engineering & Division of Environment and Sustainability of the Hong Kong University of Science and Technology and Professor HC Man, Dean of Faculty of Engineering of the Hong Kong Polytechnic University, will share how their teams' respective developments – a smart anti-microbial coating called the Multilevel Antimicrobial Polymer (MAP-1) coating and the General Use Face Shield – have helped to combat the pandemic. Katherine Cheung from local education technology start-up Snapask will share on how recent social distancing measures have unleashed opportunities for the Hong Kong-based company in both local and overseas markets.

The newly launched Enterprise Connect series, featuring Arup, Epson and Fung Group, will showcase how enterprises can join hands with start-ups to create shared value and revive businesses across different industry pillars.

Showcasing Hong Kong's excellence in technology

E-Day will feature some 180 exhibitors in three zones – Start-up Arena, the Boosters and Business Opportunities – to showcase start-ups from fast-growing sectors such as biotech, fintech, greentech, healthtech, robotics, artificial intelligence (AI) and more. The event offers a one-stop platform for start-ups to get inspired, seek funding, source talents and build connections, and for investors to discover innovative products and services.

Among the start-ups exhibiting at E-Day, Hollo, established in 2019, focuses on the development of AI-enabled chatbots for non-governmental organisations and their therapists. The company advances youth therapy practices using technologies such as big data and AI to turn daily records of emotions and mindfulness into online games. A suggested diagnosis is offered to users, helping to reduce the cost of mental healthcare. The start-up was named as World Champion in the 2020 Microsoft Imagine Cup – the first team from Hong Kong to win this honour since the competition's launch in 2003. Another Hong Kong start-up, MIND and Tech, will showcase an ultra-sensitive magneto-nanoparticle-based detection assay/kit which can detect Alzheimer's disease biomarkers in circulating body fluids, enabling diagnosis of the disease and monitoring of its progression. The detection is 100 times more sensitive than the traditional enzyme-linked immunosorbent assay method and more cost effective.

Crimson Vision Technology Limited will provide a showcase for novel dual-mode near-infrared (NIR) detection technologies and applications in fast and portable detection, including smart agriculture, bio-imaging, environmental sensing, wellness monitoring and more. Other exhibitors include DOSHA Woodcraft, a local wood upcycling furniture company founded by students from the Technological and Higher Education Institute of Hong Kong, which turns wood waste such as old pallets, unwanted furniture and fallen trees into quality houseware. In addition, beneficiaries from this year's Start-up Express development programme run by the HKTDC will showcase their products and services at E-Day, helping them to connect with potential partners.

Activities and events tailored to start-ups' needs

A number of special events will be held as part of E-Day including the "Fund & Mentor" Business Matching Session, which engages entrepreneurs and investors in one-on-one pairings; Youth Pitching @ E-Day, which encourages young entrepreneurs to develop ground-breaking solutions to match changing life patterns under COVID-19; and the Start-up Mixer, run in partnership with the Hong Kong Federation of Youth Groups, which offers a stage for start-ups, investors and mentors to make new connections, be exposed to creative ideas and opportunities from a wide range of industries, and exchange practical business insights and advice.

Wealth of information to inform decisions on further studies

The Education Zone at the Education & Careers Expo will connect visitors to openings offered by universities, higher education institutions and vocational education organisations, providing the public with access to a range of further education opportunities. Education Theme Days at the expo will cater for the interests of local students looking to study overseas in the United States (17 July), France (18 July), and Japan (19 July), covering the different education systems, characteristics and study environments of each country. Visitors can also meet with representatives from various consulates and official bodies at the International Exchange Village and get first-hand information on further studies or career opportunities around the world. Countries participating in the village include Austria, Canada, Hungary, Japan, Korea, Russia and the United States.

Theme days offer employment information, job opportunities at Recruitment Square

In addition to a wealth of information on further education, the expo also features four career theme days, highlighting the development and employment opportunities in different industries each day. Future Tech Talent day (16 July) will feature discussions on digital technology and artificial intelligence and how they relate to daily life and industry development. On Electrical & Mechanical day (17 July), electromechanical engineers from the public and private sectors will discuss the career potential in the industry. On Skills day (18 July), winners of the WorldSkills Competition will share on how people can change their lives through vocational skills. Last but not least, on Aviation day (19 July), professional pilots will share their career experience and the requirements for becoming a pilot. Launched last year, Recruitment Square returns to feature various recruitment platforms, government departments and public and commercial organisations to handle on-site job applications. Over 2,600 job openings will be offered in total, with some employers conducting job interviews on the spot.

The expo will also feature more than 80 events, including celebrities discussing their personal experiences. Among those sharing valuable insights are Chinese tutor Jayden Lam, YouTube stars Nathan Lam and Yelo, radio DJ Bonnie Wong, senior lecturer Dr Dominic Tong and educational institution principal Dr Jeffrey Hui.

Hong Kong Fair Book and Sports and Leisure Expo

The 31st HKTDC Hong Kong Book Fair and its highlight event the HKTDC Hong Kong Sports and Leisure Expo will be held from 15 to 21 July at the HKCEC, providing a wide range of activities for the general public that will help to cultivate their interest in reading, sports and leisure activities.

Entrepreneur Day
16 July 2020 (Thursday), 10:30am-7pm; 17 July 2020 (Friday), 10:30am-6pm
Venue: Hall 5F, Hong Kong Convention and Exhibition Centre (HKCEC), 1 Expo Drive, Wan Chai
Website: http://m.hktdc.com/fair/eday-en/HKTDC-Entrepreneur-Day.html

Education & Careers Expo
16-18 July (Thursday-Saturday),10:30am-7pm; 19 July (Sunday), 10:30am-6pm
Venue: Hall 5G, HKCEC
Website: http://hkeducationexpo.hktdc.com

Photo download: https://bit.ly/3f2Bud6

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 trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
Please contact the HKTDC's Communication & Public Affairs Department: Entrepreneur Day Creative Consulting Group Wendy Chan Tel: +852 3159 2962 / +852 6758 4869 Email: wendy.chan@creativegp.com June Wong Tel: +852 3159 2909 / +852 6986 5822 Email: june.wong@creativegp.com HKTDC Leslie Ng Tel: +852 2584 4239 Email: leslie.ss.ng@hktdc.org Education & Careers Expo Coco Yuen Tel: +852 2584 4145 Email: coco.hc.yuen@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Privity FZ LLE participates in Verofax pre-seed investment round

DUBAI, UAE, Jul 5, 2020 – (ACN Newswire) – Verofax Limited, a start-up building innovative Traceability services with the application of blockchain, closed its recent pre-seed investment round with participation from Privity FZ LLE, based in the UAE, acquiring an equity stake. Privity is an independent venture-focused advisory firm, founded in Dubai in 2004, that has backed and invested in more than a dozen portfolio companies since its inception.

Wassim Merheby, Verofax CEO, commented, "We are truly thrilled to welcome Privity as a shareholder in Verofax. Traceability plays a key role in upgrading brand owners' business through authenticity validation, advanced product marketing and access to financing and global markets. Traceability is a key enabler of digital transformation to automated and resilient supply chain services. In the markets where Traceability has been deployed such as China, sales increased by over 30% while consumer complaints dropped by 42%. It is just a matter of time for Traceability to become a must for ShopSafe compliance regulations, currently under review in the US."

Mr. Merheby is leading transformation projects for the Health authorities in UAE in relation to eHealth native digital services, and promoting patient safety through the application of integrated technologies. The world has just been hit by a pandemic which clearly points out that Healthcare could be better managed with contactless processes applying technologies such as IOT devices, drones, blockchain, AI, and augmented reality. The most immediate need is for the safe delivery of eHealth services, where Verofax offers wide applicability for the underlying systems of the Healthcare and supply chain industries.

Sleem Hasan, Privity Founder and CEO, said "Privity participated alongside reputed regional investors in the pre-seed round of investment in Verofax. This is also Privity's first portfolio company based in the UAE, and its second HealthTech venture. I am delighted to open Privity's network to Verofax as I find the underlying value proposition of their business idea compelling. COVID-19 has demonstrated the need to transform secure delivery and offer protection to the most vulnerable in our society. Verofax services are perfectly positioned and aligned to secure pharmaceutical deliveries of medication in the region with privacy and safety."

Verofax proprietary traceability and delivery solutions powers unique compliance and brand protection services, including serialization, traceability, anti-counterfeit and anti-diversion solutions. The service supports manufacturers of food, pharmaceuticals and other consumer goods, in meeting evolving product traceability regulations and growing consumer demand for product safety, security and authenticity.

About Verofax
Verofax Limited is a blockchain-enabled, traceability service provider established in Abu Dhabi Global Markets, UAE. Verofax services have been accepted by Oracle, Microsoft and Ant Group for co-selling across their established B2B channels. Verofax has recently set up subsidiary entities in Malaysia and Estonia, to offer Traceability-as-a-service across wider geographies.

About Privity
Privity FZ LLE was founded in 2004, an independent venture-focused advisory firm that seeks entrepreneurs with interesting and unique ideas and helps them develop and grow. Privity is agnostic to geography and industry vertical. It focuses on the quality of the entrepreneur and the compelling value proposition of the idea.

Visit Verofax at https://verofax.com, and Privity FZ LLE at http://www.privitylle.com.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Entrepreneur Day: Entrepreneurs and tech talents redefine local industries

HONG KONG, Jun 29, 2020 – (ACN Newswire) – The HKTDC Entrepreneur Day (E-Day), organised by the Hong Kong Trade Development Council (HKTDC), will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 16 and 17 July 2020. Under the theme "Revive, Redefine", the two-day event will bring together more than 30 speakers and 180 exhibitors, highlighting the practical and inspirational aspects of start-ups that can help to ensure the survival, growth, transformation and sustainability of the current business ecosystem in the face of significant changes and challenges.



For the first time, a futurist will speak at E-Day. The "T-Chat – Futurizing Your Business: Renaissance from the Age of Digitalisation" seminar will address emerging issues in the post-COVID-19 era, with Gerd Leonhard shedding light on future trends in such fields as business, society and governance in the face of exponential technological progress.


The 12th edition of E-Day will bring together more than 30 speakers and 180 exhibitors, highlighting the practical and inspirational aspects of start-ups that can help to ensure the survival, growth, transformation and sustainability of the current business ecosystem in the face of significant changes and challenges.



As the anchor start-up initiative run by the HKTDC, E-Day serves as a one-stop platform for start-ups to get inspired, seek funding, source talents and build connections, and for investors to discover innovative new products and services. In light of the current pandemic, E-Day has undergone a transformation in terms of both content and format. Seminars held as part of E-Day will be broadcast live to reach a broader audience across the world, while the HKTDC will also arrange online meetings between start-ups and investors.

Insights into the future of entrepreneurship

Entering its 12th edition, this year's E-Day presents a strong line-up of speakers. For the first time, a futurist will address the audience on emerging issues in the post-COVID-19 era in a seminar titled "T-Chat – Futurizing Your Business: Renaissance from the Age of Digitalisation". The talk will feature Gerd Leonhard, CEO of The Futures Agency, who will shed light on future trends in such areas as business, society and governance in the context of exponential technological progress.

In a technology-dominated era, automation and artificial intelligence (AI) are becoming the main drivers for many businesses. The COVID-19 pandemic has further accelerated digitalisation by putting "remote everything" as the default setting. Addressing the audience from Switzerland, Mr Leonhard will share how the future of jobs, work and commerce is being redefined amid the challenges and transformation brought about by the pandemic; examine the role of innovation, creativity and entrepreneurship in creating major breakthroughs in a technology-dominated future; and look at what start-ups and entrepreneurs can do to be future-ready. He will be joined by Karena Belin, CEO & Co-Founder of WHub, Dr Toa Charm, Associate Professor, Business School, the Chinese University of Hong Kong, and Herbert Chia, Venture Partner at Sequoia Capital China, to discuss how COVID-19 will shape decision-making for start-ups, incubators and venture capitalists in Hong Kong and Asia. They will also answer questions from the floor.

Mr Leonhard is one of the world's leading futurists whose work focuses on the future of humanity and technology, digital ethics, AI, future-leadership and communications. He has taken part in some 2,000 engagements in more than 60 countries since 2004, boasting a global audience of more than 2.5 million people.

How challenges lead to opportunities

A seminar titled From Crisis to Chances will examine how entrepreneurs are able to turn challenging situations into opportunities, offering inspiration to the audience. Highlighting Hong Kong's research excellence and the city's experience in containing the COVID-19 outbreak, Professor Yeung King-lun from the Hong Kong University of Science and Technology will share how his team reacted to the challenges presented by the global pandemic to develop a smart anti-microbial coating, the Multilevel Antimicrobial Polymer (MAP-1) coating, to control infectious diseases. Designed for use on different surfaces including wood, glass, metals, concrete, plastics, fabrics, leathers and textiles, the coasting provides lasting protection and surface disinfection against microbial contamination for a period of up to 90 days. The university, in collaboration with industrial partner Chiaphua Industries Limited, has applied the smart coating in more than 70 day-care centres, homes for the elderly, kindergartens and primary and secondary schools. In addition, Professor HC Man, Dean of the Faculty of Engineering at Hong Kong Polytechnic University, will share on how his team launched the General Use Face Shield, to provide enhanced protection for the public and minimise the risk of virus transmission within the community.

Business opportunities are also arising for start-ups in fields such as fintech, smart city and education technology. Katherine Cheung, Chief Marketing Officer of on-demand online tutoring platform Snapask, will share on how recent social distancing measures have unleashed opportunities for the Hong Kong-based start-up in both local and overseas markets.

Founded five years ago, Snapask is now serving over 3.2 million students with more than 350,000 tutors across eight Asian locations – Hong Kong, Taiwan, Singapore, Malaysia, Indonesia, Thailand, Japan and Korea. The start-up has registered an increase of 1.3 million users over the past 12 months, including a big surge due to the suspension of classes amid the COVID-19 pandemic. In Hong Kong, the platform currently has some 40,000 tutors and 200,000 active users, most of whom are high school students with a high percentage of them preparing for the Hong Kong Diploma of Secondary Education examination. Some parents also seek advice while helping their primary school kids with their homework. Understanding the demand from students studying late at night, Snapask has pushed the boundaries of traditional tutoring to offer a 24-hour service. Apart from its app, Snapask is also developing business-to-business (B2B) solutions using AI technology to provide personalised learning resources through big data analysis.

Pioneering ideas help to redefine industries

The E-Day plenary session, "Revive, Redefine", will feature two start-ups that are helping to redefine their respective industries through pioneering ideas. William Ip, Managing Director of Carousell Hong Kong, will share how the company has promoted the concept of a "sharing" future through its customer-to-customer (C2C) marketplace, which has recently been evolving into a business-to-consumer (B2C) Platform. Crystal Pang, Co-Founder of Pickupp, will introduce how the start-up is redefining the delivery industry and expanding its business in the Asian market. Pickupp also works with genetic testing and digital health company Prenetics to provide a door-to-door saliva specimen collection service for patients who need to undergo COVID-19 testing.

The newly launched Enterprise Connect series, featuring Arup, Fung Group and P&G, will showcase how enterprises can join hands with start-ups to create shared value and revive businesses across different industry pillars. The series offers unparalleled opportunities – including speaker sessions, networking sessions and business matching activities – for corporations and start-ups to connect and explore potential collaboration.

Entrepreneur Day (E-Day) details:
16 July 2020 (Thursday), 10:30am-7pm; 17 July 2020 (Friday), 10:30am-6pm
Venue: Hall 5F, Hong Kong Convention & Exhibition Centre, 1 Expo Drive, Wan Chai
Website: http://m.hktdc.com/fair/eday-en/HKTDC-Entrepreneur-Day.html

Photo download: https://bit.ly/2Afx9UI

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 trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Contact:
Please contact Creative Consulting Group or HKTDC's Communications & Public Affairs Department: Creative Consulting Group Wendy Chan Tel: +852 3159 2962 / +852 6758 4869 Email: wendy.chan@creativegp.com June Wong Tel: +852 3159 2909 / +852 6986 5822 Email: june.wong@creativegp.com HKTDC Leslie Ng Tel: +852 2584 4239 Email: leslie.ss.ng@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com