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The Economic Times Promising Brands 2022

MUMBAI, INDIA, Aug 18, 2022 - (ACN Newswire via SEAPRWire.com) - The Economic Times Promising Brands Conclave, that will be held in Mumbai on September 22, is an effort to shine the strobe light on organisations that have strived to serve their customers in the best possible way. The platform, via standalone addresses, fireside chats and roundtable discussions, will focus on delving deeper into understanding how these companies have succeeded in contributing to an enjoyable customer experience. This evening will bring together the marketing gurus, brand custodians, brand owners, best creative leaders from the marketing fraternity on one platform to celebrate the Promising Brands and engage in the most candid knowledge exchange platform to understand the nuances of successful brands.Why Attend?- Gain: The latest in brand amplification, customer loyalty, social media & more - Evolve: Keep pace with ALL the latest trends - Learn: Hear from the best & brightest in marketing, design, sales - all sharing ideas & insights- Adapt: To a focused agenda for marketing professionals & focused on what matters - Grow: Gain insights into what your customers will be clamoring for coming years & how you can deliver nowIf you are a Promising Brand too? Nominate now - etunwired@et-edge.comJoin us to go extra miles to Achieve, Accomplish & Triumph!For more information: https://et-bestbrands.com/promising/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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The Economic Times Iconic Brands 2022

MUMBAI, INDIA, Aug 17, 2022 - (ACN Newswire via SEAPRWire.com) - The 5th edition of The Economic Times Iconic Brands of India that will be held on September 29 in Mumbai will feature remarkable brands which have redefined the benchmark in their respective fields through their legacy and sustainability in India and global market. We will honour such brands from PAN India which have shaped the growth of India and are fulfilling the dream of millions of Indians.Why Attend?- Share best practices followed by innovative and employee-friendly companies- Inclusive session that will enable attendees to interact and engage with leaders through interesting and thought-provoking discussions- Case studies of how iconic brands are outperforming in their industries- A networking opportunity with fellow winners and others in the business community- Gain insights into what your customers will be clamoring for in coming years & how you can deliver now- Meet and greet forefront leaders from across the country and Learn about the practices followed by iconic brandsAre you an iconic brands? Nominate yourself - et.edge@timesgroup.comJoin us for the most Iconic Event in the town!For more information: https://et-edge.com/conferences/iconicbrands/. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Swang Chai Chuan Limited Announces Details of Proposed Listing on the Main Board of The Stock Exchange of Hong Kong Limited

HONG KONG, Aug 8, 2022 - (ACN Newswire via SEAPRWire.com) - Swang Chai Chuan Limited ("Swang Chai Chuan" or the "Group"), an established distributor of Food & Beverage ("F&B") and other products for recognised international and domestic third-party brands and own brands in Malaysia, today announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX").Swang Chai Chuan plans to offer a total of 241,000,000 shares under the Global Offering (subject to the Over-allotment Option), which comprises 216,900,000 Shares (subject to re-allocation and the Over-allotment Option) for the International Placing, and 24,100,000 Shares (subject to re-allocation) for the Hong Kong Public Offering. Based on the Offer Price HK$0.54 per Share (being the mid-point of the indicative offer price range of HK$0.52 to HK$0.56 per Share) assuming the Over-allotment Option is not exercised, after deducting estimated underwriting fees and other expenses, net proceeds from the Global Offering are estimated at approximately HK$86.0 million.The Hong Kong Public Offering will commence from 9:00 a.m. on 8 August 2022 (Monday) and end at 12:00 noon on 11 August 2022 (Thursday). Results of allocations are expected to be announced on 18 August 2022 (Thursday), and dealing of the Group's shares is expected to commence on the Main Board of HKEX on 19 August 2022 (Friday) under the stock code of 2321. Shares will be traded in board lots of 5,000 Shares each. Sunny Fortune Capital Limited is the Sole Sponsor and Sunny Fortune Capital Limited and Elstone Securities Limited are the Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers. BOCOM International Securities Limited, China Galaxy International Securities (Hong Kong) Co., Limited, CMBC Securities Company Limited, Haitong International Securities Company Limited and Phillip Securities (Hong Kong) Limited are the other Joint Bookrunners and other Joint Lead Managers.Investment HighlightsEstablished F&B distributor of Own Brands, international and domestic brands in MalaysiaSwang Chai Chuan is one of the top 5 companies(1) in Malaysia F&B distribution industry. With its long years of experience in and dedication to the F&B distribution industry in Malaysia, the Group has become an established local F&B distributor with substantial scale, supporting over 200 international and domestic brands. Third-Party Brands distributed by the Group included Oreo, Cadbury, Ajinomoto, a British multinational ice-cream frozen dessert brand and a New Zealand international dairy product brand. The Group has also served a number of well-established retail chains such as Nirwana, TF Value-Mart, BS Group and Sabasun. To establish the reputation and enhance the market penetration, Swang Chai Chuan is committed to offering a wide range of products under different brands to customers with timely delivery service. At the same time, the Group has received awards and recognitions by Malaysian associations in recognition of the excellent product and services, such as the Superbrands Status and the Sin Chew Business Excellence Awards.Strong sourcing network and long-term relationship with recognised international and domestic brand ownersThe Group distributed and actively managed the diverse portfolio of F&B and other brands of a wide selection of quality products covering 4,000 SKUs, which can be divided into nine different core categories, namely dairy products, frozen food, packaged food and commodities, sauce, oil and condiments, beverages and specialty products, personal and baby care products, pet care products and cleaning and kitchen supplies. The Group has established long-term business relationship ranging from approximately 5 to 26 years with its five largest suppliers to date, thus enabling the Group to ensure a stable supply of products.Since 2007, the Group started tapping into the development of certain Own-Brand Products, the variety of which was gradually expanded. The Group was able to provide different choices of F&B and other products to the customers under over 200 Third-Party Brands, consisting of approximately 140 international brands and approximately 80 domestic brands, together with products under five major Own Brands, such as CED, Mega Fresh, Mega Food, Sayangku and Snowcat, covering various product types and price ranges. Specialty products, salt, frozen seafood, frozen meat, and pet care products, etc. under the major Own Brands further enlarged the brand and product portfolio and consumer base of the Group. The Group will continue to explore new brands and products that are expected to have growth potential and to diversify the product offerings.Large and diverse customer base with a strong focus on large retail chains and channelsThe Group has established and maintained a large customer base with more than 11,000 active customers over the years with a focus on well-established retail chains. Many of the Group's customers are established international retail chains and local retail chains which make purchases frequently and in huge quantities. As a result of the effort to diversify customer portfolio, the Group also serves F&B dealers and merchandisers, school canteens, hospitality and other customers. As at 30 April 2022, the Group had established long-term business relationship with the five largest customers during the track record period ranging from approximately 11 to 26 years. The Group achieved high customer retention rate with revenue generated from repeat customer accounts contributing over 90% of the total revenue during the track record period. With the large and diverse customer base as illustrated above, the increasing scale and complexity of the customers' business operation have driven demand for F&B products sourced from suppliers that scale up the procurement and other business activities, thereby growing the revenue. The Group also enjoys economies of scale and continues to optimise its cost structure and increase its profitability.Expansive distribution network is strategically located and well equipped with temperature-controlled facilitiesThe Group's distribution network, which form the cornerstone of warehousing and logistics management services, can effectively facilitate the supply chain of F&B distribution and deliver products to more customers on a timely basis with delivery lead time as short as within 24 hours. The Group currently operated 12 warehouses strategically located in the major sales regions in Peninsular Malaysia, with designated storage capacity of approximately 25,600 CBM, nine of which are equipped with cold storage facilities with an aggregate of approximately 4,550 CBM mainly for storage of frozen food and dairy products. The Group also operated a fleet of over 140 self-operated logistics vehicles, of which approximately 100 are refrigerated trucks, which facilitate an effective and efficient flow of warehousing and logistics management operations.Proven track record of financial performanceDuring the track record period, the gross profit margin of the Group showed an upward trend, with the gross profit margin in FY2021 reaching 14.1%. Gross profit amounted to approximately RM94.5 million (equivalent to approximately HK$181.7 million) in FY2021, representing a year-on-year increase of approximately 18.5% from FY2020. Adjusted net profit also rose by approximately 29.9% year-on-year from FY2020 to approximately RM28.6 million (equivalent to approximately HK$54.9 million) in FY2021. (2)RM'000(approximately) FY2019 FY2020 FY2021 4M2022(As at 30 April)Revenue 497,435 564,632 668,738(equivalent to approximately HK$1,286,035) 266,652(equivalent to approximately HK$512,792)Gross profit 66,187 79,733 94,508(equivalent to approximately HK$181,746) 38,753(equivalent to approximately HK$74,525)Gross profit margin 13.3% 14.1% 14.1% 14.5%Adjusted net profit* 17,686 21,985 28,562(equivalent to approximately HK$54,927) 13,556(equivalent to approximately HK$26,069)Adjusted net profit margin* 3.6% 3.9% 4.3% 5.1%* Adjusted net profit was calculated based on the profit for the year excluding listing expenses during the track record periodDuring the track record period, the Group recorded ongoing growth in revenue, gross profit and adjusted net profit. At the same time, gross profit margin and adjusted net profit margin also continued to rise.Experienced and dedicated senior management teamThe Group has an experienced, dedicated and capable management team led by the executive Directors, the Soon Brothers, who have been instrumental in spearheading the growth of the Group and have over 30 years of experience in the business of distribution of F&B products in Malaysia. They are responsible for the overall business strategy, planning, operational and sales management and development of the Group. In addition, the Group has a loyal, experienced and capable senior management team with extensive operational expertise and in-depth understanding of the F&B distribution industry in Malaysia and is able to establish a high degree of product differentiation and a broad brand portfolio.Future Growth StrategiesFurther enhancing distribution and sales capabilities by investing in cold chain and other infrastructureDuring the track record period, the Group's revenue generated from frozen food and dairy products represented approximately 50% of the total revenue. Both frozen food and dairy products are sold by the Group under, in addition to Third-Party Brands, Own Brands or on a White-Label basis which generally have a higher profit margin as compared to the distribution and sales of Third-Party Brand Products. Going forward, the primary business strategies of the Group should pivot around enhancing the cold chain warehousing and logistics capabilities and management. The Group plans to (i) set up a new warehouse with cold storage facilities and upgrade the self-owned warehouses with advanced features; (ii) acquire and upgrade cold and other logistics vehicles; (iii) enhance cold chain and other management and information systems.Apart from cold storage facilities, the expected increase in designated general storage capacity would also facilitate the optimisation of the storage space and enhance the efficiency in sales of the products that are stored under general condition and improve the operational results.Enhanced development of Own ProductsOwn Products and White-Label Products generally enjoy a high gross profit margin, which drives the expansion of relevant segments. The Group plans to develop the business of the Own Products and White-Label Products by purchasing new processing machines for processing so as to take up more orders, save labour costs and enhance processing efficiency. The Group will also conduct marketing and promotional activities of the Own-Brand Products to further conduct media marketing and engage with more potential customers.Development of e-commerce business by launching a mobile applicationOwing to the large and diverse customer base with more than 11,000 active customers, the Group receives and processes a large number of orders from various types of customers every day. To streamline the ordering process and in line with the market trend, the Group plans to develop the e-commerce operations by engaging an external party service provider to design and customise a mobile application. The Ordering App is expected to be launched and put into use by the fourth quarter of FY2023 and it is expected to create a more convenient and pleasant purchasing experience for customers and enhance the efficiency of the Group.Strategic acquisitions and investments along the supply value chainIn view of the expected growth in the F&B distribution industry in Malaysia, the Group plans to continue to expand the business and explore potential business opportunities by acquiring majority or entire shareholding of, or investing in, local company(ies) or acquiring business(es) in the F&B supply value chain, including horizontal and vertical acquisitions and investments.Use of proceedsBased on the Offer Price of HK$0.54 per Share (being the mid-point of the indicative Offer Price range of HK$0.52 to HK$0.56 per Share) and assuming the Over-allotment Option is not exercised, after deducting estimated underwriting fees and other expenses, net proceeds from the Global Offering are estimated at approximately HK$86.0 million. The Group currently intends to use the net proceeds from the Global Offering for the following manner:Applications / Percentage-- To further enhance the distribution and sales capabilities by investing in cold chain and other infrastructure 47.8%-- To develop the Own Products business by acquiring new processing machines and conducting marketing and promotional activities 18.0%-- To develop e-commerce business by launching a mobile application 7.0%-- For strategic acquisitions and investments along the supply value chain 17.2%-- As general working capital 10.0%Cornerstone InvestmentThe Group has entered into cornerstone investment agreements with four cornerstone investors separately, namely Mr. Tee Kian Heng, Huihuang Resources Limited, Dato' Sri Ng Chong Keong and Dato' Sri Pek Kok Sam (each a "Cornerstone Investor" and together the "Cornerstone Investors"), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe for such number of Shares (rounded down to the nearest board lot of 5,000 Shares) at the Offer Price, which may be purchased with an aggregate amount of approximately HK$47.0 million. The Group believes that introducing the Cornerstone Investors to the Global Offering and securing the subscription of a significant number of Offer Shares will set a solid platform for the launch of the Global Offering by demonstrating the Cornerstone Investors' confidence in the Global Offering.Swang Chai Chuan LimitedSwang Chai Chuan Limited is one of the top 5 companies* in Malaysia F&B distribution industry and is an established distributor of F&B and other products for recognised international and domestic third-party brands and own brands. Swang Chai Chuan Limited also provides suppliers with warehousing, logistics, sales and marketing support and other value-added services* In terms of revenue in 2021, according to Frost & SullivanCapitalised terms used herein shall have the same meanings as those defined in the prospectus dated 8 August 2022, unless the context otherwise requires.Media enquiries:Strategic Financial Relations LimitedVeron Ng Tel: (852) 2864 4831 Email: veron.ng@sprg.com.hkMel Lai Tel: (852) 2864 4855 Email: mel.lai@sprg.com.hkAggie Fang Tel:(852) 2114 4987 Email: aggie.fang@sprg.com.hkNotes:(1) In terms of revenue in 2021, according to Frost & Sullivan(2) These amounts are converted from Malaysian Ringgit to Hong Kong dollars or Hong Kong dollars to Malaysian Ringgit at an exchange rate of RM0.52 to HK$1.00. No representation is made that Malaysian Ringgit/Hong Kong dollars amount have been, could have been or may be converted to Hong Kong dollars/Malaysian Ringgit at that rate or at all.Important:1. This press release is for information purposes only and does not constitute or include any recommendation or invitation or offer (nor is calculated to invite such a recommendation, offer or invitation) by any person for acquisition, purchase or subscription of the securities of the Company nor does it intend to act as a recommendation of the sale of securities or any invitation or offer for acquisition, purchase or subscription of securities. This press release should accordingly not amount to an advertisement or invitation within the meaning of section 103(1) of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) or a prospectus or an extract from or abridged version of a prospectus within the meaning of sections 2 and 38B, respectively of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Chapter 32 of the Laws of Hong Kong). Investors should read the prospectus of the Company for detailed information about the Company and the proposed offering before deciding whether or not to purchase any securities of the Company. An application to subscribe for the shares referred to in this press release by any persons shall be made solely based on the prospectus and the application forms to be issued by the Company on 8 August 2022. 2. No application for the shares of the Company should be made by any person nor would such application be accepted without the completion of a formal application form or other application procedure that is issued with or in respect of the prospectus.3. The directors of the Company collectively and individually accept full responsibility for the accuracy of the information contained in this press release and confirm, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts the omission of which would make any statement herein misleading. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Spritzer wins Platinum Award in Reader’s Digest Trusted Brands 2022

KUALA LUMPUR & TAIPING, Jun 24, 2022 - (ACN Newswire via SEAPRWire.com) - Spritzer is pleased to announce that the Company has recently won the Reader's Digest's Trusted Brands 2022 platinum award under the Food & Beverage - Bottled Water category.Dr. Chuah Chaw Teo, R&D Director of Spritzer Bhd; and Sheron White, Group Advertising and Retail Sales Director for Reader's Digest Asia-PacificThis year's Reader's Digest Trusted Brands 2022 award presentation ceremony was held at the Grand Hyatt Hotel Kuala Lumpur. The event also celebrated the 100th anniversary of Reader's Digest, a global brand with 23 editions in 41 countries."I am deeply humbled to receive this important award from Reader's Digest Trusted Brands 2022 on behalf of Spritzer. Spritzer has won this award, for 21 years. This achievement is a very powerful endorsement of the popularity and trust of the Spritzer Brand from our loyal and faithful consumer. This is a huge honour for us, and I thank you all for your very strong support," said Dr. Chuah Chaw Teo, Research and Development Director of Spritzer Bhd."Spritzer will continue on the journey to give only the best quality natural mineral water to our consumers while striving to also give back to society."Reader's Digest Trusted Brands 2022 was conducted independently by leading market research company Catalyst Research. The award saw the opinions and votes of approximately 8,000 individuals from Asia based on the key attributes of Trustworthiness and Credibility; Quality; Value; Understanding of Customer Needs; Innovation and Social Responsibility.Spritzer specialises in manufacturing and distribution of natural mineral water, sparkling mineral water, distilled drinking water, non-carbonated fruit flavoured drink and fruit flavoured drink. The company has been in operation for more than 30 years, and is the country's largest bottled water producer.Spritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF], https://www.spritzer.com.my Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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

Singapore, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Singapore-headquartered Believe Pte Ltd, a fast-growing consumer products company serving the global Muslim audience with brands spanning skincare, fragrances, make-up and hair care has raised Series C funding of US $55M from incoming investors Venturi Partners and IIFL AMC alongside continued participation from Jungle Ventures, Accel, Alteria Capital and Genesis Alternative Ventures. Investment from IIFL AMC is subject to approval from the Securities and Exchange Board of India (SEBI).Nicholas Cator, Founder and Managing Partner, Venturi PartnersThe Company (started in mid-2019) has delivered rapid growth in its relatively short history, thereby inspiring investor interest and has cumulatively raised over US$ 80M over the last two years. The Series A and Series B fund raises were led by Accel and Jungle Ventures with participation from Wamda Capital, a Middle East based fund. The current Series C raise in Believe's third year of operation is led by Venturi Partners, a Singapore-based investment platform founded by veteran consumer investor Nicholas Cator. Venturi Partners enables consumer-facing business startups to build disruptive brands in sectors such as FMCG, education, health-tech, home improvement, etc. in India and Southeast Asia. IIFL AMC's private equity fund that has backed several leading consumer brands will also co-lead this round, subject to approval from SEBI. This is Venturi's second investment and is a testament to the investment platform's expertise in identifying and supporting multi-geography, high-growth consumer brands with an online and offline presence. Nicholas Cator, Founder & Managing Partner at Venturi said, "We are excited to be backing the most experienced BPC founders in the region and have been extremely impressed by their ability to build a diversified portfolio of products and a unique distribution network during a pandemic. We are convinced that with its strong team and group of investors, Believe will become the leading global halal and clean BPC house of brands." With the likes of Swiggy, Licious, Dailyhunt, and Country Delight in its portfolio, IIFL AMC looks to back market leaders and disruptors across businesses, while keeping sight of profitability at steady state. Chetan Naik, Fund Manager at IIFL AMC, said, "Believe has demonstrated unprecedented traction and growth in a very short period via its brands focused on the global markets in the BPC segment. With its unique positioning of halal based clean products (devoid of alcohol and animal ingredients), it has addressed the latent need of a large target market in a highly focused manner. Its growth is a testament to how a relevantly positioned brand with strong product efficacy creates resonance with its consumer and creates value for all. We are delighted to partner with the exceptional team at Believe for the company's next phase of growth."Believe is a house of brands that includes Lafz, ZM and Dr.Rhazes. The brands have received incredible customer love in Bangladesh and India with a growing base in GCC countries. They are sold in over 8 countries and are manufactured across the globe including countries like South Korea, Italy, Spain, France, Germany and UAE. While Lafz is the flagship premium brand crafted with traditional ingredients; ZM's vegan, cruelty free, single ingredient positioning finds popularity among the youthful and aspirational. Believe's vision to create enduring brands consistent with consumers' belief systems while ensuring highest efficacy, quality and uniqueness drives its success across distribution formats in the Middle East and Asia. This fundraise will catalyze consolidating market share in Bangladesh and India (via strategic acquisitions) while deepening reach in GCC and South East Asia (through both organic and inorganic growth) paving the path to becoming a large global CPG conglomerate. Ankit Mahajan, CEO of Believe PTE Ltd said, "We have received tremendous consumer love all the way from launching our first product in 2019 to witnessing 2.5x growth in last 1 year. Our 2000+ family of happy Believers is our eyes and ears to the ground that help us be nimble and responsive to consumer needs. We have created a relentless marketing organization that has the ability to identify consumer needs, use of 12-member strong R&D expertise to make fantastic products and then put our international supply chain to deliver global standard products to countries across the world." IndigoEdge, Bangalore (India) headquartered investment bank focused on new age consumer brands was the sole advisor for this transaction.Media contacts:Adfactors PR:Snigdha Nair, India: Snigdha.nair@adfactorspr.comNamrata Sharma, Singapore: Namrata.sharma@adfactorspr.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Rubix establishes strategic partnership with Grounded & FINAO® to facilitate ESG applications using the Rubix public blockchain

“We are excited to work with Grounded & FINAO to promote global ESG impact using the green public network of Rubix” – KC Reddy, founder & chief architect of Rubix. “We believe the way people shop and the brands that they buy have the power to change the world and that every purchase should be a step towards a more sustainable future. Consumerism now comes with a conscience and so must business. We’re excited to work with Rubix to make a difference” – Phil White, co-founder of Grounded.world. “Working with schools and major non-profits like the YMCA, we understand successful ESG requires efficient tools and trusted accountability. We are delighted to work with Rubix, as placing ESG parameters on a blockchain will create more awareness of the social consciousness of corporations in a measurable and transparent way. The pandemic has created a sense of urgency among consumers on the need for careful monitoring of the ESG compliance of their favorite brands, so for corporations ESG compliance is no longer a choice but a necessity and a core component of their brand definition” – Wallace Greene, President and CEO, FINAO Hyderabad, India / January 8, 2022 / SEAPRWire / – Rubix (a web-scale Layer 1 blockchain building Web3 applications), Grounded (a leading marketing firm helping global brands to achieve and communicate purpose and ESG goals), and FINAO (a digital technology company helping organizations drive digital adoption), have entered a strategic partnership to help leading global brands achieve ESG impact using the trustless provenance of public blockchains. Grounded has rich experience in helping top brands achieve ESG impact. FINAO has strong experience in working with leading global organizations in digital & social impact. Recognizing the environmental, social, and business imperatives of sustainability, Rubix has focused on leveraging its public blockchain as a uniquely secure, scalable, and trusted tool for ESG reporting. Rubix’s blockchain will bring world-class efficiency and publicly verifiable accountability to its customers governance strategies through its own commitment to innovation, culture, trust, human capital, environmental impact, and social sustainability. These concepts are difficult to measure, and most of them are not captured by traditional accounting and managerial reporting frameworks. However, there is a pressing need to do so as shareholders, capital providers and other stakeholders increasingly focus on how companies create long-term value, especially focusing on the “sustainability as captured by ESG metrics.” Provenance on public blockchains is becoming the best method for brands to establish their commitment to sustainability, and this has been Rubix’s express mission while building the Rubix protocol. Rubix is one of the greenest networks with energy consumption lower than existing computing networks. Brands & their supply chain partners can post their provenance data on Rubix chain without worrying about costs, security or privacy. Customers, investors & policy makers can now leverage the benefits of instant supply chain and social impact provenance on Rubix to achieve ESG goals. About GROUNDED Grounded is a multi-award-winning B-corp certified activation agency thriving at the intersection of brand experience, commercial innovation, and social impact. They work with global brands, retailers, startups and nonprofits to help them articulate their purpose, activate their brands and accelerate their impact at scale. About FINAO Led by former Microsoft execs, FINAO is an innovative consultant and developer of proprietary and custom software applications for social good, education, equity, and total wellness. FINAO works in partnership with global non-profits, corporations, and education organizations. Their sweet spot is creating system-oriented solutions for great user experience, high efficiency administrator ownership, informing data, accountability, and use-case scalability. About RUBIX NETWORK SYSTEMS Ltd Rubix Network is a Layer 1 blockchain protocol for peer-to-peer data transfer & transactions. Rubix is a Web scale protocol with Zero transaction fees, minimal infrastructure costs, high security and privacy. With 0.00000174 kWh per transaction, Rubix has one of the lowest energy consumptions among all computing networks. Rubix software can be freely downloaded on any PC or virtual machine. The Rubix community has more than 10,000 validators. The names of actual companies and products mentioned herein may be the trademarks of their respective owners. For more information on Product: https://rubix.network https://grounded.world https://finaoeducation.com Social Links: Twitter: https://twitter.com/rubixchain Telegram: https://t.me/rubixblockchain LinkedIn: https://www.linkedin.com/company/rubixnet/ Media Contact Company: Rubix Networking Solutions Pvt Ltd Contact: KC Reddy, Founder & Chief Architect Email: info@rubix.network Website: https://rubix.net/  SOURCE: Rubix Networking Solutions Pvt Ltd The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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GS Holdings to Accelerate Business Expansion in Asia with New F&B Brands and Franchises

Singapore, Jan 3, 2022 - (ACN Newswire via SEAPRWire.com) - GS Holdings Limited ("GS Holdings" or the "Company" and together with its subsidiaries, the "Group"), is pleased to announce that its indirect wholly-owned subsidiary, Hao Kou Wei Pte. Ltd. ("HKW"), has set up a new subsidiary, Sing Zhong Brands Management Pte. Ltd. ("Sing Zhong Brands Management"), to manage and operate restaurants and food outlets in coffee shop and food court and also to develop, franchise and manage food and beverage ("F&B") brands with a primary focus to facilitate its plans to promote and sell food originating from the People's Republic of China and Singapore.In addition, Sing Zhong Brand Management has entered into a Letter of Intent with Action Culture Pte. Ltd. ("Action Culture") with the aim of establishing 10 Chinese F&B brands and 10 Singapore F&B brands, which will be sold as franchise in Asian countries.With Action Culture's strong experience and knowledge of the culture and food consumption patterns in both China and Singapore, Action Culture will be responsible for identifying and designing the 10 Chinese F&B brands and concepts as well as sourcing for interested franchisees or investors.All 20 F&B brands developed will be owned and registered as the intellectual properties of Sing Zhong Brands Management.Furthermore, by leveraging on Action Culture's understanding of both countries' market cultures and its expertise and experience in social media, marketing and content creation, there is good potential for the F&B brands to gain popularity and recognition.In addition, the Group believes that in executing its plans pursuant to the Letter of Intent, it would be able to contribute towards assisting individuals in realising their aspirations to become entrepreneurs by way of franchise while creating job opportunities in the community.Under the Letter of Intent, the fees payable to Action Culture will be via the issuance of new shares in the Company based on certain performance targets agreed upon. A definitive agreement will be entered into by the parties after all the other terms for the transaction with Action Culture have been finalised. Mr. Pang Pok, Chief Executive Officer and Executive Director of the Company, said, "We aim to broadly expand our business presence across high-growth end markets within Asia with new F&B brands, concepts and franchises.By leveraging on Action Culture's strengths, there are strong opportunities to drive new growth, while diversifying our revenue base and generating new cashflows.With aligned interests via a performance-based structure for this business collaboration, we look forward to accelerate our business plans to create new and highly compelling value propositions in Asia's F&B industry."The incorporation of the new subsidiary and the Letter of Intent are not expected to have any material financial impact on the consolidated earnings per share and consolidated net tangible assets per share of the Company and its subsidiaries for the current financial year ending 31 December 2021.About GS Holdings Limited(Bloomberg Code: GSHL:SP / Reuters Code: GSHO.SI / SGX Code: 43A)With an aim to diversify its business model and create additional streams of income, GS Holdings Limited ("GS Holdings") has expanded into various business ventures in the food and beverage ("F&B") industry.To harness its growth opportunities, GS Holding is looking to further expand its brand presence across Asia and beyond via new franchising, licensing and distribution models.This press release has been prepared by GS Holdings Limited (the "Company") and its contentshave been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited("SGX-ST") Listing Manual Section B: Rules of Catalist.This press release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press release, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this press release.The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01- 01, Singapore 229957, telephone (65) 6590 6881.Note: This press release is to be read in conjunction with the SGX announcement released on the same date.Media & Investor Contacts:Issued on behalf of GS Holdings Limited by 8PR Asia Pte Ltd.Mr. Alex TANMobile: +65 9451 5252Email: alex.tan@8prasia.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Blockpass Provides KYC & AML Screening for Bonuz Ecosystem on Solana

HONG KONG, Dec 7, 2021 - (ACN Newswire via SEAPRWire.com) - Today Blockpass is revealing its latest partnership in the form of Bonuz Market, the new ecosystem for creators, celebrities, brands and other people of fame to engage with fans on new levels. With this development, Blockpass' revolutionary KYC solution will be used to ensure regulatory compliance, and a safe and secure means to prove identity for all involved. The Ecosystem will be powered by Solana, a fast, secure, censorship-resistant blockchain built for global adoption, Bonuz Market aims to give fans a means to get closer to the celebrities they admire. In the beginning, the platform's native Token $BONUZ will launch on Binance Smart Chain. The project is described as the 'world's first celebrity and brand token launchpad', Bonuz provides a means for creators, celebrities, brands and other people of fame to engage with fans through private channels, NFTs, Community Designed Merchandise, Metaverse and so much more. Bonuz currently works on the MVP and enlarging the team. The firm successfully signed top Advisors like Jovana Jovanovic who runs TikTok across METAP, Rich Stromback who is known as the most influential person of Davos, Kevin Kuranyi who is a former German National Player, Viven Kirby who is the Blockchain Lead behind the multi-chain wallet Clover Finance and Ari Last who is the VP of Simplex which is the world's leading fiat infrastructure provider for the entire crypto ecosystem. Leading Crypto key opinion leaders like Carl from the Moon, Davinci Jeremie, Cryptojack, Eljaboom, Chris of MMCrypto and many other top Youtubers already invested and secured their piece of Bonuz at the private sale which is still going on till the middle of December.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently with more than 160,000 verified user identity profiles, Blockpass facilitates instant onboarding, and to date almost 5000 services have taken advantage of this opportunity to get access to users with reusable digital identity profiles."Few individuals will be as big a target as celebrities." said Adam Vaziri, Blockpass CEO. "Fame and fortune bring attention from bad actors as well as fans, so it's important that robust identity verification measures are in place and we're delighted to be chosen by Bonuz to provide such a security."Matthias Mende, Visionary Founder of Bonuz said: "We are working in a special environment in which fans will be really close to their celebrities and those celebrities will be able to filter those fans who they like to interact with. So for its correctness and safety it is absolutely mandatory to have a good KYC Partner like Blockpass in place which has already been delivering top results on a cost efficient level for us. We are aiming to onboard hundreds of thousands of users once Bonuz goes live and will launch new tokens on a weekly basis." Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Through its recent work with Animoca Brands, Blockpass is developing the ability to provide KYC where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all. About BlockpassBlockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network - a decentralized oracle solution - in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come. The Blockpass App is available from the App Store and Google Play. For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.orgAbout Bonuz MarketFounded by Blockchain Pioneer Matthias Mende in April 2021, Bonuz is a launchpad with an integrated social media platform that allows users to purchase exclusive access to their favorite celebrity's channel through owning blockchain-based tokens called $BONUZ. Celebrities will launch Celebrity Token Offerings and a fan that owns a Celebrity Token can enjoy such benefits as access to the private channel of the celebrity; receive pictures, video and voice content that is unavailable on other social media platforms, also on top of it this content comes as NFT without a extra cost to the fan a 50% discount in the Celebrity Webstore; and possibly even personalized media content from the celebrity they hold tokens of. This revolutionary ecosystem for creators, celebrities, brands and other people of fame allows fans to be closer to celebrities than ever before and gain access to more exclusive experiences..To find out more, explore the following: Website: https://bonuz.market/ Twitter: https://twitter.com/BonuzMarket Telegram: https://t.me/BonuzMarket Medium: https://bonuzmarket.medium.com/Instagram: https://www.instagram.com/bonuzmarketDiscord: https://discord.gg/VFrDNkGXjm Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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China Motorcycle & E-vehicle Brand appears at EICMA 2021

KUNSHAN, China, Nov 27, 2021 - (ACN Newswire via SEAPRWire.com) - EICMA 2021, The International Motorcycle & Accessories Exhibition, recognized as the world's top two-wheeler show, opened on November 23 in Milan, Italy, with two-wheeler brands from around the world gathering to showcase latest products. Among them, the "China Brand Fair" - ARIIC, CFMOTO, CYCLONE, DAYNG, DAYUN, QJMOTOR, SENKE, TAOMOTOR, TEYIN, VOGE, ZNEN, ZONTES, and other well-known electric vehicle brands including AIMA, OKAI, SUNRA, TAILG, TROMOX, and YADEA - has created a strong presence under the overall leadership of the Trade Development Bureau, Ministry of Commerce (MOFCOM), P.R.CHINA, presenting the graceful charm and demeanor of China's two-wheeler industry, while revealing the strength of China's intelligent manufacturing to the world.Event banner (above) & Group photo (below) of speakers and brand representatives at the "China Motorcycle and E-vehicle Brand" press conference in the main EICMA exhibition venue, Nov 24, Milan, Italy. [MEGA CHINAMOTOR]On November 24, a promotional event, "Cooperation and Mutual Benefits / Harmonious Development: China Motorcycle and E-vehicle Brand Walks in Milan and Approaches the World", sponsored by the MOFCOM and organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), kicked off with a press conference in the main EICMA exhibition venue.Ms. Shu Luomei, Commercial Counselor, Chinese Consulate General in Milan, Mr. Chen Huaming, Deputy Director General of the Trade Development Bureau, MOFCOM, Mr. Guo Kuilong, Secretary General of the CCCME, and Mr. Pietro Meda, President of the EICMA, among others attended the press conference and delivered speeches.In her speech, Ms. Luomei of the Consulate General said that in the face of the severe challenges posed by COVID-19, China and Italy have supported each other and worked together to fight the pandemic, deepening mutual trust and writing another great mark in the history of China-Italy relations.Mr. Huaming of the Trade Development Bureau said that China remains Italy's second-largest trading partner. The extensive participation of Chinese two-wheeler brands at EICMA 2021 was a practical, significant move to promote economic cooperation and trade exchange between China and Italy, against a post-pandemic backdrop.Mr. Guo Kuilong, Chinese Chamber of Commerce, pointed out China provides a large number of safe, reliable and high-quality two-wheeler vehicles for commuters around the world, with brands such as CFMoto, Loncin, Qianjiang, Sunra, Yadea and others springing to mind. He said the CCCME would actively play channel and industry advantages to promote exchange and cooperation between the enterprises of the two countries to a wider field.As the host, EICMA President Mr. Pietro Meda expressed his gratitude to the Consulate General of China in Milan and the leaders of the CCCME for their attention to EICMA. He hopes that more China two-wheeler enterprises can come to EICMA and share development opportunities with the Italian and even the global industry in the future.During the press conference, outstanding domestic two-wheeler brands such as YADEA, TROMOX, TEYIN and ARIIC also appeared on the stage to share the development ideas of their respective brands with the global industry and bring their flagship new products.- YADEA presented the Y1S all-round intelligent lithium electric vehicle for enterprise users. "As the world's leading brand of electric two-wheeler, Yadea has been committed to providing users with a comfortable riding experience. The launch of Y1S represents Yadea's relentless pursuit, specially designed and developed, to meet the needs of different commercial vehicle applications."- TROMOX, presenting two intelligent e-vehicle products, aims to take "product innovation + core technology R&D + international brand" as its model to "become a high-tech enterprise in the industry, and provide more people with intelligent, environmental-friendly and interesting ways of travel."- TEYIN brought the VOX125, a classic 125cc product that has been selling well in the European market for years. TEYIN will pursue "R&D and manufacturing of motorcycles with various displacement, from 50CC to 350CC, to bring more reliable motorcycle products to global users."- ARIIC brought the Chinf318, the first product to arrive on site, saying it would "pursue perfect design and a product philosophy of quality and detail to the extreme, so that consumers can feel the beauty of industrial design and the pleasure of quality from every product of ARIIC."China's two-wheeler tourism + transport industry, with the advantage of having the world's top industry supply chain, is bringing more creative, advanced and diversified product technology solutions to the new era of global transportation. During the exhibition, CCCME hired professional translators and service personnel to connect on-site during the exhibition, and will continue to promote online B2B supply/demand cross-matching, and business discussions via Zoom, which will encourage the enterprise demonstration effect.The pandemic has had a profound impact on economic and trade exchange between countries and regions around the world. The "China Motorcycle and E-vehicle Brand Walks in Milan and Approaches the World" promotional activity aims to build a communications bridge between China and Italy and the larger manufacturing industry in the aftermath of COVID. It will undoubtedly bring positive demonstration effects to the creation of new economic and trade exchange between countries in a post-pandemic world.Watch the "China Motor & E-vehicle Brands" video: https://youtu.be/FNOs68fTq0s.MEGA CHINAMOTOR covers China's motorcycle, electric bike and electric motorcycle news, reviews, videos, exhibitions, magazines, consulting services & more. Please join us at www.chinamotorworld.com.Facebook: https://www.facebook.com/chinamotormagazineInstagram: https://www.instagram.com/megachinamotor/Pinterest: https://www.pinterest.com/chinamotorworld_com/Media contact:Grace Guo, MEGA CHINAMOTORChenman Culture & Media (Suzhou) Co LtdE: chinamotor@chinamotorworld.comU: https://chinamotorworld.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Champion REIT Announces Opening of LANGHAM BEAUTY

HONG KONG, Nov 22, 2021 - (ACN Newswire via SEAPRWire.com) - Champion Real Estate Investment Trust ("Champion REIT" or "Trust") (Stock Code: 2778), owner of Three Garden Road and Langham Place, announced the opening of the brand-new beauty concept store - LANGHAM BEAUTY in Langham Place Mall. Located on level 1 of the mall and housing internationally renowned beauty brands, including ARMANI BEAUTY, DIOR BEAUTY, ESTEE LAUDER, LANCOME and SHISEIDO, LANGHAM BEAUTY represents a new presence of beauty in town and unveils an exquisite shopping experience with an immersive and dynamic forest-like interior design. LANGHAM BEAUTY at Langham Place MallWith the philosophy of "Be True in Life, Be Kind to Earth, Be a Beautiful You", LANGHAM BEAUTY has redefined beauty by bringing Humans, Nature and Technology together in a refined and balanced manner. It expresses the true beauty of individuals with a comprehensive understanding of the meaning of inner and outer beauty. Nature provides the best reference for beauty and harmony, while technology allows the essence of nature to be extracted. With direct relationships formed with premium cosmetics and beauty brands, Langham Place Mall endeavours to elevate customers' shopping experiences in a more diversified and individualised way. This does not only facilitate the tenant mix management of beauty segment, but also strengthens its leasing strategy with enhanced flexibilities, thus bringing new business opportunities and values to the Trust. Moreover, it gives a synergistic effect to Langham Place Office's beauty and wellness tenants and further reinforces the mall's positioning as a trendy retail destination. The Trust expects that the opening of LANGHAM BEAUTY will reap further benefits once the border is re-opened. Valuing sustainability of our mother earth, LANGHAM BEAUTY marks an important milestone in the Trust's sustainability journey and reinforces its commitment to achieving its 2030 ESG Targets. In view of this tremendous achievement, LANGHAM BEAUTY, debuted on 21 November 2021, has also prepared a series of exciting opening offers together with 20 beauty brands. During the opening period (from 21 November 2021 to 19 December 2021), LANGHAM BEAUTY will present over 100 exclusive makeup and skincare sets of attractive savings of up to 72% at its physical store, while 10 of which will be available on "Langham Place x LANGHAM BEAUTY eSTORE" as well. Information of such offers is available via:- LANGHAM BEAUTY eSTORE (https://popup.langhambeauty.com/ANewPresenceOfBeauty/en/)- Instagram (https://instagram.com/langhambeauty?utm_medium=copy_link) - Facebook (https://www.facebook.com/langhambeauty/?ti=as)About Champion REIT (Stock Code: 2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as joint venture stake in 66 Shoe Lane in Central London. Since 2015, the Trust has been included in the Constituent of Hang Seng Corporate Sustainability Benchmark Index of Hang Seng Indexes.Website: www.championreit.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Animoca Brands uses Blockpass’ On-chain KYC(TM) to verify NFT prize winners

HONG KONG, Sep 24, 2021 - (ACN Newswire via SEAPRWire.com) - Blockpass and Animoca Brands are delighted to announce their collaboration. Animoca Brands has selected Blockpass as its verification service provider and will use Blockpass' proprietary On-chain KYC(TM) to verify the winners of various events that feature NFT prizes.Animoca Brands and its various subsidiaries develop and publish a broad portfolio of blockchain games, traditional games, and other products, many of which are based on popular global brands, including MotoGP(TM), Marvel, WWE, Power Rangers, and Formula 1(R). Animoca Brands' mission is to deliver digital property rights to the world's gamers and Internet users, thereby creating a new asset class, play-to-earn economies, and a more equitable digital framework contributing to the building of the open Metaverse.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users."We're delighted to be working with the Animoca Brands and accelerate the growth of the NFT ecosystem," said Adam Vaziri, CEO of Blockpass. "Animoca Brands is a leader in the non-fungible tokens market and we're honored that it chose Blockpass to provide KYC and AML services. We're looking forward to working together and bringing compliance for its various products and brands."Yat Siu, co-founder and chairman of Animoca Brands, commented, "We selected Blockpass' On-chain KYC(TM) to verify our NFT prize winners because we are confident that Blockpass technology can bring a higher level of compliance to the entire industry and NFT ecosystem, which is a critical requirement for NFTs to go mainstream."Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass' On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Its recent integration with TrustSwap expands Blockpass' services to a whole new raft of businesses and solutions.About BlockpassBlockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network - a decentralized oracle solution - in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come. The Blockpass App is available from the App Store and Google Play.For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.orgAbout Animoca BrandsAnimoca Brands, ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification. Animoca Brands develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Formula 1(R), Marvel, WWE, Power Rangers, MotoGP(TM), and Doraemon. Animoca Brands' portfolio of blockchain investments and partnerships includes Sky Mavis (Axie Infinity), Dapper Labs (CryptoKitties and NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds. Its subsidiaries include The Sandbox, Quidd, Gamee, nWay, Pixowl, and Lympo. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.Animoca Brands global contact: press@animocabrands.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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New online platform helps local food brands grow reach

SINGAPORE - A new online e-commerce platform has been launched to showcase local food brands and help lesser-known food start-ups reach a wider market, both in Singapore and globally. Food Culture Singapore, which launched on National Day with about 30 brands, plans to grow to at least 100 brands by the end of the year. Consumers can buy products from these brands on the foodculture.sg website. Founder John Cheng, who is also the director of his family's sugar manufacturing business Cheng Yew Heng, said the Covid-19 pandemic has caused a dip in sales for its products. These include its Jewels line of rock candy, sales of which were heavily dependent on customer traffic at travel nodes such as the terminals at Changi Airport. He said: "Everyone we knew was affected by the Covid-19 pandemic... Rather than just focus on our own brands, we decided to help other brands." Start-up SOS Kitchen, which sells pastes, sauces and jams, said that through the platform, it managed to get its name out quickly and saw its sales grow. Founder Shilpa Sharma said: "Beyond sales, the platform helped us create a better product experience and now provides a pathway for expansion." Food Culture Singapore takes a commission from products sold. Mr Cheng said that the website will also share the story of each brand so it can better connect with consumers. Enterprise Singapore director of food manufacturing Bernice Tay noted that the pandemic has accelerated the push for e-commerce and digital marketing, with companies looking online to boost their sales and expand their customer base. She said: "To stand out, they need to start telling their heritage stories, so customers can relate to, and build affinity with, their brands." Enterprise Singapore provided funding and resources to help set up the platform, said Mr Cheng. Many of the start-ups on the new platform are also part of Innovate 360, a hub in Jurong for more than 40 food start-ups. The hub provides them with office space and kitchen and manufacturing facilities, as well as opportunities for networking, mentoring and collaboration with other firms. The start-ups include Confetti Snacks, which turns vegetables that look less than perfect into chips. Another start-up is Sachi, which produces wine made from soy whey, a by-product of tofu production. Mr Cheng, who founded Innovate 360 in 2018, said that many of the start-ups are focused on food innovation or sustainability - issues that are close to his heart. To give the start-ups a further boost, he plans to launch an Asian food venture capital fund by December this year to raise funds which will be invested in start-ups that are involved in deep tech, agritech, consumer-packaged goods and food sustainability. Innovate 360 now occupies two levels of a six-storey building at 9 Chin Bee Drive, which also houses the Cheng Yew Heng sugar factory. Mr Cheng plans to expand and provide more co-working office space, test kitchens, research and development laboratories, cloud kitchen and production spaces to help start-ups scale and reach target customers.

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Livestreaming Mogul Li Jiaqi, International Brands Partner to Showcase New Products in Chinese Market

HONG KONG, Aug 21, 2021 - (ACN Newswire via SEAPRWire.com) - The arrival and subsequent evolution of livestreaming technology, and its integration with e-commerce, has radically changed China's consumer market. Different from traditional online shopping, livestreaming e-commerce features better experience and more interaction that increasingly more consumers are gravitating toward. Amid this fast-growing medium, one man stands king: Li Jiaqi.Li, China's leading influencer in the livestreaming e-commerce space, has signaled his intentions for the future - the integration of online and offline elements. From August 19-22, Li will host a pioneering fashion show at the city's iconic Shanghai K11 Art Mall. The show, where Li Jiaqi WoW will be taken offline for the first time, will see Li invite five up-and-coming Chinese designers to interact with viewers. Aside from watching all the latest deals and products, viewers can also communicate with the participating designers via livestreaming screens, set behind interactive "doors." Li is China's most popular key opinion leader (KOL) in the livestreaming e-commerce industry - with nearly 170 million fans - and has driven sales of more than$430 million (RMB2.8 billion) in a single live broadcast. Since 2016, livestreaming e-commerce has grown in popularity in China. Outperforming all other shopping channels, its user scale reached 388 million till December 2020, 66.2% of whom bought products via this channel, China Internet Network Information Center (CNNIC) says.Compared to traditional online shopping, livestreaming e-commerce provokes a greater consumer response through lively visual demonstrations, greater convenience, and more affordable price during the nationwide lockdown caused by the COVID-19 pandemic. Livestreaming e-commerce is especially popular during China's e-commerce festivals, such as the 618 Festival - a June festival run by many of China's e-commerce companies -with 14.2 billion views and over 100,000 brands involved in livestreaming influencer marketing in 2021.At the heart of China's livestreaming e-commerce world as well as a contributor of such accomplishment, Li Jiaqi is a force of nature. Ever since entering the industry, Li has been a trendsetter, his opinions delivered with iconic style. A "Recommended by Li Jiaqi" endorsement can truly change a company's fortunes. Florasis, a Chinese makeup brand, was one such company, quadrupling its sales year-on-year to RMB 2.75 billion after partnering with Li, rocketing them the top of Chinese makeup brands for 2020. Leveraging his powerful influence, Li has led dozens of Chinese brands to nationwide popularity, leading to him being dubbed China's "top domestic product promoter."Behind Li's to rise to fame are tags such as "Made in China," "makeup," and "lipstick," but deep down, Li has always had a greater ambition. In August last year, Li Jiaqi's team launched China's first livestreaming shopping information and recommendation program, Li Jiaqi WoW, a confluence of information on new products, available globally, across a number of categories. This shift to a more global focus is all part of Li's efforts to import designer brands around the world into China's market. Since then, Li Jiaqi WoW has aired nearly 50 episodes, eliciting a strong response across China's social platforms, such as Weibo, TikTok (Douyin), and Xiaohongshu (RED). The program is expected to further integrate offline channels as it looks to provide designers and brands with better opportunities for promotion.Li's move of promoting international brands nationwide via his livestreaming channel has worked out favorably for most featured brands. In a Salvatore Ferragamo live broadcast, for example, two hundred Salvatore Ferragamo Creation handbags, priced at RMB 17,000 each, quickly sold out.Li Jiaqi's story is not simply one of commerce and consumption, but also one that reveals the ongoing change in brand marketing and promotion in China followed by technological development and changes in Chinese people's consumption behavior.As the "door" metaphorically implies in Li Jiaqi's new product launch, live streaming e-commerce breaks borders and boundaries of space via online and offline channels, and presents brands to the market at a minimum cost, maximizing benefits for both brands and consumers. The CNNIC stated in its report that livestreaming e-commerce users made up a mere 39% of China's netizen population as of December 2020. Given the country's total internet user population of 989 million, as well as its internet penetration rate of 70%, livestreaming e-commerce is certain to grow its market share in the coming years, with data analytics company iiMedia Research predicting that by 2025, China's livestreaming influencer-led e-commerce transaction volume will reach$1 trillion (RMB 6.4 trillion). Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Li Jiaqi and Livestreaming, Unbound by Time or Space

HONG KONG, Aug 20, 2021 - (ACN Newswire via SEAPRWire.com) - Li Jiaqi, the most influential figure in China's livestreaming e-commerce space, recently announced his latest move - his hosting of a new fashion show at the iconic Shanghai K11 Art Mall, to be held between August 19-22. The show will feature five up-and-coming Chinese designers, based throughout the world, who will interact with visitors on the scene. It may sound like fantasy, but such reality is made possible through the implementation of livestreaming technology.At the show, visitors can check out the 2021 autumn and winter collections, while at the same time interacting with the participating designers through opening relevant "doors." As an extension of Li Jiaqi WoW, Li Jiaqi's online live shopping information & recommendation program, the show promises an immersive experience unbound by time or space and different from the conventional live streaming studio partitioned by screens. Li is China's most popular key opinion leader (KOL) in the livestreaming e-commerce industry - with nearly 170 million fans - and has driven sales of more than$430 million (RMB2.8 billion) in a single live broadcast. Since 2016, livestreaming e-commerce has grown in popularity in China. Outperforming all other shopping channels, its user scale reached 388 million till December 2020, 66.2% of whom bought products via this channel, China Internet Network Information Center (CNNIC) says.Compared to traditional online shopping, livestreaming e-commerce provokes a greater consumer response through lively visual demonstrations, greater convenience, and more affordable price during the nationwide lockdown caused by the COVID-19 pandemic. Livestreaming e-commerce is especially popular during China's e-commerce festivals, such as the 618 Festival - a June festival run by many of China's e-commerce companies -with 14.2 billion views and over 100,000 brands involved in livestreaming influencer marketing in 2021.At the heart of China's livestreaming e-commerce world as well as a contributor of such accomplishment, Li Jiaqi is a force of nature. Ever since entering the industry, Li has been a trendsetter, his opinions delivered with iconic style. A "Recommended by Li Jiaqi" endorsement can truly change a company's fortunes. Florasis, a Chinese makeup brand, was one such company, quadrupling its sales year-on-year to RMB 2.75 billion after partnering with Li, rocketing them the top of Chinese makeup brands for 2020. Leveraging his powerful influence, Li has led dozens of Chinese brands to nationwide popularity, leading to him being dubbed China's "top domestic product promoter."Behind Li's to rise to fame are tags such as "Made in China," "makeup," and "lipstick," but deep down, Li has always had a greater ambition. In August last year, Li Jiaqi's team launched China's first livestreaming shopping information and recommendation program, Li Jiaqi WoW, a confluence of information on new products, available globally, across a number of categories. This shift to a more global focus is all part of Li's efforts to import designer brands around the world into China's market. Since then, Li Jiaqi WoW has aired nearly 50 episodes, eliciting a strong response across China's social platforms, such as Weibo, TikTok (Douyin), and Xiaohongshu (RED). The program is expected to further integrate offline channels as it looks to provide designers and brands with better opportunities for promotion.Li's move of promoting international brands nationwide via his livestreaming channel has worked out favorably for most featured brands. In a Salvatore Ferragamo live broadcast, for example, two hundred Salvatore Ferragamo Creation handbags, priced at RMB 17,000 each, quickly sold out.Li Jiaqi's story is not simply one of commerce and consumption, but also one that reveals the ongoing change in brand marketing and promotion in China followed by technological development and changes in Chinese people's consumption behavior.As the "door" metaphorically implies in Li Jiaqi's new product launch, live streaming e-commerce breaks borders and boundaries of space via online and offline channels, and presents brands to the market at a minimum cost, maximizing benefits for both brands and consumers. The CNNIC stated in its report that livestreaming e-commerce users made up a mere 39% of China's netizen population as of December 2020. Given the country's total internet user population of 989 million, as well as its internet penetration rate of 70%, livestreaming e-commerce is certain to grow its market share in the coming years, with data analytics company iiMedia Research predicting that by 2025, China's livestreaming influencer-led e-commerce transaction volume will reach$1 trillion (RMB 6.4 trillion). Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Li Jiaqi, China’s “King of E-commerce Livestreaming,” to Host Interactive Fashion Show

HONG KONG, Aug 20, 2021 - (ACN Newswire via SEAPRWire.com) - Li Jiaqi, known for his successes as a livestreaming e-commerce influencer, is set to host a fashion show at the iconic Shanghai K11 Art Mallon August 19-22. The show will feature both online and offline elements, in line with recent shopping trends in China. By taking Li Jiaqi WoW, his personal shopping information and recommendation channel, offline for the first time ever, Li will encourage viewers to interact with the five participating up-and-coming Chinese designers, based around the world, via livestreaming behind the "door" (in Li Jiaqi's new product launch, the word "door" metaphorically implies the bridge between online and offline channels). Different from conventional livestreaming shows, Li Jiaqi's team has created an immersive showcase of interconnected livestreaming and e-commerce elements.Li is China's most popular key opinion leader (KOL) in the livestreaming e-commerce industry - with nearly 170 million fans - and has driven sales of more than$430 million (RMB2.8 billion) in a single live broadcast. Since 2016, livestreaming e-commerce has grown in popularity in China. Outperforming all other shopping channels, its user scale reached 388 million till December 2020, 66.2% of whom bought products via this channel, China Internet Network Information Center (CNNIC) says.Compared to traditional online shopping, livestreaming e-commerce provokes a greater consumer response through lively visual demonstrations, greater convenience, and more affordable price during the nationwide lockdown caused by the COVID-19 pandemic. Livestreaming e-commerce is especially popular during China's e-commerce festivals, such as the 618 Festival - a June festival run by many of China's e-commerce companies -with 14.2 billion views and over 100,000 brands involved in livestreaming influencer marketing in 2021.At the heart of China's livestreaming e-commerce world as well as a contributor of such accomplishment, Li Jiaqi is a force of nature. Ever since entering the industry, Li has been a trendsetter, his opinions delivered with iconic style. A "Recommended by Li Jiaqi" endorsement can truly change a company's fortunes. Florasis, a Chinese makeup brand, was one such company, quadrupling its sales year-on-year to RMB 2.75 billion after partnering with Li, rocketing them the top of Chinese makeup brands for 2020. Leveraging his powerful influence, Li has led dozens of Chinese brands to nationwide popularity, leading to him being dubbed China's "top domestic product promoter."Behind Li's to rise to fame are tags such as "Made in China," "makeup," and "lipstick," but deep down, Li has always had a greater ambition. In August last year, Li Jiaqi's team launched China's first livestreaming shopping information and recommendation program, Li Jiaqi WoW, a confluence of information on new products, available globally, across a number of categories. This shift to a more global focus is all part of Li's efforts to import designer brands around the world into China's market. Since then, Li Jiaqi WoW has aired nearly 50 episodes, eliciting a strong response across China's social platforms, such as Weibo, TikTok (Douyin), and Xiaohongshu (RED). The program is expected to further integrate offline channels as it looks to provide designers and brands with better opportunities for promotion.Li's move of promoting international brands nationwide via his livestreaming channel has worked out favorably for most featured brands. In a Salvatore Ferragamo live broadcast, for example, two hundred Salvatore Ferragamo Creation handbags, priced at RMB 17,000 each, quickly sold out.Li Jiaqi's story is not simply one of commerce and consumption, but also one that reveals the ongoing change in brand marketing and promotion in China followed by technological development and changes in Chinese people's consumption behavior.As the "door" metaphorically implies in Li Jiaqi's new product launch, live streaming e-commerce breaks borders and boundaries of space via online and offline channels, and presents brands to the market at a minimum cost, maximizing benefits for both brands and consumers. The CNNIC stated in its report that livestreaming e-commerce users made up a mere 39% of China's netizen population as of December 2020. Given the country's total internet user population of 989 million, as well as its internet penetration rate of 70%, livestreaming e-commerce is certain to grow its market share in the coming years, with data analytics company iiMedia Research predicting that by 2025, China's livestreaming influencer-led e-commerce transaction volume will reach$1 trillion (RMB 6.4 trillion). Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Asia’s fashion spotlight CENTRESTAGE returns next month

HONG KONG, Aug 19, 2021 - (ACN Newswire via SEAPRWire.com) - CENTRESTAGE, Asia's premier fashion event, returns in September for its sixth edition, running in a physical format from 10 to 12 September at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by the Hong Kong Trade Development Council (HKTDC), the show features more than 200 brands from over 20 countries and regions and close to 30 fashion events, offering an ideal platform through which brands and designers can showcase their creativity in the fashion arena and demonstrate their resilience in overcoming the recent challenges. For the first time, the show will open to public visitors for the entire duration of the event.HKTDC Deputy Executive Director Benjamin Chau, speaking at today's press conference, said CENTRESTAGE has overcome limitations resulting from the pandemic to return in a physical format, featuring 200 brands from over 20 countries and regions.Panther Chan, ANSONBEAN and Hong Kong designer Calvin Chan [L-R]. The two celebrities wore outfits by The World Is Your Oyster at the CENTRESTAGE press conference.A fashion parade at the press conference presented designs by two of the featured brands from CENTRESTAGE ELITES and some of the other brands participating in CENTRESTAGE.HKTDC Deputy Executive Director Benjamin Chau said: "Last year's CENTRESTAGE was held virtually, but I am delighted that the event has been able to overcome limitations resulting from the pandemic and return in the physical format in 2021, helping to showcase more fashion brands and budding designers from Asia and across the globe. The show provides a comprehensive promotional platform through which fashion talents can present their latest collections and connect with global buyers and fashionistas. This year's CENTRESTAGE is particularly meaningful as designers have gone through so many challenges as a result of the pandemic. They are facing up to the new environment with fresh ideas and a spark of innovation in their creations."Overcoming pandemic challenges, fostering industry interactionCENTRESTAGE 2021 will have "Chapter Infinity" as its central theme, encouraging those in the fashion industry to take creative approaches and reignite their inspiration in the pandemic era, exploring the countless opportunities that lie ahead. The event will feature three thematic zones: ALLURE - representing craftsmanship, refinement and elegance; ICONIC - displaying avant-garde designs; and METRO - showcasing contemporary, minimalistic expressions of urban life. This year's event will feature over 200 fashion brands, including more than 120 brands from Hong Kong. Although travel restrictions remain in effect between Hong Kong and the rest of the world, some brands and industry organisations outside Hong Kong will send local representatives to participate in the event, including the Taiwan Textile Federation, Macau Productivity and Technology Transfer Center, Italian fashion promotion organisation Ente Moda Italia (EMI) and new joiner Chamber of Entrepreneurs of Amalty from Kazakhstan.In addition, overseas buyers that have been invited to conduct video business meetings with exhibitors include 3NY from the United States, Germany's Encode Fashion, Thailand's Bluepin and Vietnam's Runway. Local fashion buyers such as Club 21, D-mop, Harvey Nichols, I.T, Lane Crawford and online fashion store Farfetch have also been invited.CENTRESTAGE ELITES show boosted by XR, artiste Hins Cheung gives supportThe spotlight opening gala show on 10 September, CENTRESTAGE ELITES, will see the global launch of the latest 2022 Spring/Summer collections from local designers Calvin Chan and Joyce Kun's renowned brand The World Is Your Oyster, as well as acclaimed Korean designer Lee Mooyeol's brand, YOUSER. Lee Mooyeol won't be able to come to Hong Kong himself, but he is actively involved in the show's production. Celebrity singer and fashionista Hins Cheung will attend the event, which will use extended reality (XR) for added impact, and give his support to the designers. The show will be livestreamed through the CENTRESTAGE website and social media platforms Facebook and Instagram, employing augmented reality (AR) effects to enhance the online viewing experience.Wide array of fashion shows presented by local design talentsThe HKTDC has organised a series of activities around the world. With profound experience gained through international fashion weeks, a number of local designers will present their latest collections at Hong Kong Emerging Talents Show on 10 September and Fashion Go Places on 11 September.Another highlight of this year's CENTRESTAGE will be the final of the Hong Kong Young Fashion Designers' Contest 2021 (YDC) held on 12 September. The VIP judges will be Rushemy Botter and Lisi Herrebrugh, founders of menswear label BOTTER. The 10 shortlisted candidates will compete for four honours, including overall champion, the Excellence Award, Best Visual Presentation Award and My Favourite Collection Award. Members of the public can vote for their favourite collection online and stand the chance to win one of seven HK$2,000 Lee Gardens Area e-gift certificates sponsored by Hysan Development.Local online fashion hub FASHIONALLY.com will feature its FASHIONALLY Collection #17 fashion show on 10 September, presenting rising local fashion designers and labels. Other Hong Kong brands will combine a fashion short film with an onsite performance at FASHIONALLY Presentations on 10 September and 11 September, providing a creative showcase for their 2022 Spring/Summer collections.Fashion Summit (Hong Kong) 2021, an international forum focused on sustainable development in the fashion industry, will take place on 9 and 10 September with the theme "Design for the Future". Redress, a local non-governmental organisation promoting sustainable fashion, will present the Grand Final of the Redress Design Award 2021, the world's largest sustainable fashion design competition, on 11 September. Local fashion brands Sparkle by Karen Chan and The Sparkle Collection will launch their new collections at CENTRESTAGE. Well-known key opinion leader Lilian Kan will also showcase her designs at the fair for the first time. Other events include the Hong Kong Kids Fashion Show and "LEGO x Hong Kong Designers Parade" on 12 September, while the "Watch x Fashion" Lucky Draw Session will take place on the weekend of 11-12 September.CENTRESTAGE in Town citywide eventsCENTRESTAGE in Town features a series of fashion events beyond the CENTRESTAGE fairground, collaborating with some 100 Hong Kong boutiques, shopping malls and cultural landmarks to generate a fashion buzz across the city. Highlighted events include:Date (Year 2021) : Event : Venue- From today to 5 Jan 2022 : Exhibition - "NOT a fashion store!" : Hong Kong Museum of Art- From today to 31 Dec : PMQ Creative Workshop Series : PMQ- From today to 5 Sept : Fashion Walk HK Designers Concept Pop-up Store (inside Philip Gold Curation) : Fashion Walk, Kingston Street, Causeway Bay- 20 Aug to 12 Sept : JCCAC X PMQ Collaborative Exhibition: But Wing-ki : PMQ- 27 Aug to 6 Sept : CENTRESTAGE Fashion Showcase : Harbour City Gateway Arcade- 1-9 Sept : CENTRESTAGE Digital Gallery : D2 Place TWO- 1-9 Sept : CENTRESTAGE Pop-up Shop (Whitelisted by Novelty Lan & Fashion Farm Foundation) : D2 Place ONE- 4-5 Sept, 11-12 Sept, 18-19 Sept, 25-16 Sept : D2 Place Weekend Market : D2 Place ONE- 4-6 Sept : JCCAC Handicraft Fair : Jockey Club Creative Arts Centre (JCCAC)- 20 Sept to 3 Oct : JCCAC X PMQ Collaborative Exhibition: Chan Ting : PMQWebsites:- CENTRESTAGE: www.centrestage.com.hk- Hong Kong Young Fashion Designers' Contest (YDC): www.fashionally.com- CENTRESTAGE in Town: https://centrestage.hktdc.com/ex/centrestageintown/en- Photo download: https://bit.ly/3ATSnRtAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesHKTDC Communication & Public Affairs DepartmentSnowy Chan, Tel: +852 2584 4537, email: snowy.sn.chan@hktdc.orgAgnes Wat, Tel: +852 2584 4554, email: agnes.ky.wat@hktdc.org Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Activation Strategically Upgrades to Interactive Data Performance Marketing Group for Fashion Brands

HONG KONG, Aug 4, 2021 - (ACN Newswire via SEAPRWire.com) - A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited ("Activation" or the "Company", collectively, the "Group", stock code: 9919), today announced the Company has strategically upgraded itself as an Interactive Data Performance Marketing Group for Fashion Brands. Under this new upgrade and combining its newly set up livestreaming e-commerce and MCN/KOL business units with existing experiential marketing, digital marketing and public relations services, the Company will provide interactive data performance marketing services to premium brands to help them seize fast-growing digital opportunities in China. Activation strategically upgrades to interactive data performance marketing group for fashion brandsThe looming pandemic has seen more and more high-end and luxury brands expanding business online to attract generation Z customers with high spending power. To address the growing demand, Activation has set up the new e-commerce marketing and MCN/KOL business units to provide all-inclusive e-commerce services on platforms including Tmall, JD.com, Douyin, Secoo, Xiaohongshu, VIPS and WeChat Mini Program, and also MCN and KOL services on all social media platform covering livestreaming, short videos, TV commercials, endorsements and commercial cooperation activities. Those services will help brands seamless integrate online and offline marketing activities and, with more data-driven and sales-oriented marketing approaches, provide effective marketing solutions that can bring win-win to customers and the Group.To capture the best from its new strategic upgrades, the Group has implemented the following strategies:-- Established MCN business unit Avant Plus, drawing on its deep experiences and resources in fashion trends and style, it has built long-term cooperation with a list of trend-setting celebrities and KOLs, including famous actress Charmaine Sheh, the fashion blogger Jiangnan BoyNam and "Di Bai Nai Nai", helping them set up social media accounts for word-of-mouth marketing for luxury and fashion brands.-- Established a joint venture ("JV") company (Activation owns 51% stake) with Vision Entertainment to provide Douyin KOL livestreaming services and DouYin Partner business. Vision Entertainment is a leading MCN organization in livestreaming, game and e-commerce businesses on the Douyin platform. It has more than 100,000 contracted IPs in all categories including apparel, beauty, drama and comic short movies. It sells products via Douyin livestreaming and, formed an advertising + e-commerce closed-loop generating business traffic and shares sales earning with livestreaming hosts. As at July 31 this year, the JV had already completed more than 20 celebrity livestreaming shows, contributing GMV of over RMB100 million to brands. While the Group expects profit making, it expects the profit of the JV to climb and the business to grow quickly and continuously.-- Signed a cooperation agreement with Fosun Fashion Group ("FFG"), a subsidiary of Fosun International Limited (stock code: 00656.HK), to capture the emerging demand for luxury brands in China as well as to explore new brand expansion business models and solutions. Activation together with Baozun Inc. (stock code: 9991.HK) is also making a strategic investment in FFG. Activation will become the preferred one-stop platform for all brands in FFG's portfolio, and will also explore opportunities to introduce and nurture new brands in China.-- In addition, the Group is actively looking for acquisition and JV opportunities that can enhance its all-inclusive e-commerce services. That will help the Group strengthen its data technology capabilities and fully cover e-commerce platforms including Taobao, JD.Com and Douyin to form a huge e-commerce database. With those capabilities, it can help brands improve vertical penetration and boost e-commerce agency operation services and open up new revenue sources.-- In addition to digital services, Activation Group's subsidiary has recently signed a MOU of Cooperation Intent with Hong kong Land's affiliated company, under which the parties plan to establish a JV company to jointly operate the relevant venues in West Bund Financial Hub in Xuhui District, Shanghai. The West Bund Financial Hub will be a world-class waterfront landmark in Shanghai, featuring fashion & art, technology & finance, health & wellness, urban luxury travel and other themes, and will be a premier product launch venue for brands from around the worldMr. Steve Lau Kam Yiu, Joint-Chairman and Chief Executive Officer of Activation, said, "As their sales via e-commerce channels in China boom, the digital marketing needs of luxury brands in the China market have also kept changing. Activation has over the years gathered extensive experiences in integrated marketing of luxury and fashion brands and data of the spending behaviors of high-net-worth individuals. In its new strategical upgrade as an interactive data marketing group for fashion brands, the Group will make use of its wealth of marketing experiences and insights from those consumer behavior data and combine them with its new businesses such as the latest livestreaming e-commerce and MCN to help brands enhance interactions with target consumers and convert interaction into sales, thereby increase the revenue and profit of the brands and boosting our income and profit via profit-sharing with those brands."About Activation Group Holdings Limited Activation Group Holdings Limited is a leading Interactive Data Performance Marketing Group for Fashion Brands in Greater China, offering experiential marketing, digital and brand communication, and public relations services, digital marketing, e-commerce services as well as IP operations etc. It is the largest experiential marketing company serving luxury and trendy brands in Greater China, claiming a 7% share of the market. Its shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited on January 16, 2020. All businesses of the Company are driven by interactive data performance and the Company has kept accelerating the comprehensive deployment of its digital marketing capability, including setting up the MCN organization, providing effective marketing and live e-commerce services to brands, thereby build a closed loop - marketing to sales - system. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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FASHIONALLY Collection #16 – Fall/Winter 2021

HONG KONG, Apr 15, 2021 - (ACN Newswire via SEAPRWire.com) - The pandemic has led to a reset for traditional fashion events, with virtual fashion shows becoming the new normal. This gives fashion brands from around the world the opportunity to make their mark in the digital world and build new horizons for their brands. Eleven young Hong Kong fashion designers have been given the chance to unleash their creativity as they present their Fall/Winter 2021 collections in FASHIONALLY Collection #16 - an opportunity to connect with global fashion buyers and fashion lovers through the FASHIONALLY.com digital platform.ARTO., Charlotte Ng Studio and WHY's new collections are based on the theme of visions for the post-pandemic future.REDEMPTIVE, MODEMENT, Lapeewee and YMDH's new collections are inspired by classic Hong Kong films, including Young and Dangerous and Rouge.The latest collections from DEMO, KEVIN HO, FromClothingOf and LUKE CHAN demonstrate their brand aesthetics through different fashion techniques.FASHIONALLY Collection #16 - Fall/Winter 2021 showcases 11 fashion brands from the Hong Kong Young Fashion Designers' Contest (YDC), a competition organised annually as part of the Hong Kong Trade Development Council's CENTRESTAGE fashion event. The brands taking part in the latest FASHIONALLY showcase are ARTO. (designer Arto Wong), Charlotte Ng Studio (Charlotte Ng), DEMO (Derek Chan), FromClothingOf (Shirley Wong), KEVIN HO (Kevin Ho), Lapeewee (Yannes Wong), LUKE CHAN (Luke Chan), MODEMENT (Aries Sin), REDEMPTIVE (Wilson Choi), WHY (Kayan Lam) and YMDH (Jason Lee).The highly stylised photo shoot for the 11 collections took place in an industrial area of Hong Kong to highlight the creativity of the local fashion scene, with an interactive virtual reality 360-degree experience helping to showcase different aspects of the designs. The collections cover a wide range of themes, including visions for the post-pandemic future, a tribute to classic Hong Kong films, as well as designs that focus purely on demonstrating fashion aesthetics.Local designer brands continue to go from strength with a number of them achieving considerable success in overseas markets over the past year, including REDEMPTIVE, which was nominated as one of the finalists in the inaugural Yu Prize - an event launched in 2021 to support Chinese fashion and provide a platform for international exposure and collaboration. The brand was also selected among the top 10 emerging menswear labels in the "TRANOI x Not Just a Label 10 Take Ten" contest, while DEMO was nominated in Fashion Asia's list of the "10 Designers to Watch". Charlotte Ng Studio and MODEMENT, meanwhile, are now selling their designs through luxury department store Harvey Nichols, helping them to gain international exposure.Collection description and photo download: https://bit.ly/3sjmayyAbout HKTDCThe 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: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.Media enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.orgAgnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Rational Dynamic Brands Fund (HSUTX) Awarded 5-star Morningstar Rating

Walnut Creek, Calif., Apr 14, 2021 - (ACN Newswire via SEAPRWire.com) - Accuvest Global Advisors is pleased to announce multiple portfolios featured in its Alpha Brands(TM) U.S. equity suite have been recognized with Informa Top Guns awards. 'Alpha Brands Core Equity' and 'Dynamic Brands Equity' together won 10 PSN Top Guns designations for Q4 2020. Alpha Brands(TM) U.S. equity strategies is designed to help investors gain access to the primary driver of the economy: U.S. Household Consumption. Accuvest also proudly announces that as of February 28, 2021, the Rational Dynamic Brands mutual fund (Ticker: HSUTX), was awarded a 5-star Morningstar Rating, as well as an Investors Choice for "Best Equity Fund The Dynamic Brands strategy is anchored to a timeless and commonsense theme: Global Household Consumption. Accuvest believes that this $44 trillion a year investment opportunity is so large and predictable that it warrants a dedicated place in a portfolio. By investing in the most relevant consumer-facing brands and giving the maximum flexibility to adapt to changing market conditions it has been able to deliver significant outperformance for its clients. "Accuvest is thrilled to receive a 5-star Morningstar rating," said David Garff, President and CIO of Accuvest. "Since Accuvest took over the Dynamic Brands fund in October 2017, its team has worked tirelessly to deliver something unique in the marketplace. Combining the proprietary Brand Relevancy scoring system with deep sector and factor analysis, Accuvest has been able to achieve excellent results for its investors. As Accuvest moves forward we feel that it will be critical to continue being precise in exposure, but flexible in risk-taking."The Alpha Brands(TM) suite of equity strategies references a proprietary Index called The Alpha Brands Consumer Spending Index(TM). The Index tracks the 200 most relevant Brands, identifying the growth and innovation leaders across 70 consumer-facing industries. Alpha Brands 'Dynamic Brands Equity' strategy is an actively managed and focused portfolio of the brands best suited for the current macro environment. "Investors are chronically underweight in the single most important driver of every major economy namely consumption. In the consumption economy, companies that own strong brands tend to have better financial metrics which, in aggregate, tend to be predictors of strong stock performance," said Eric Clark, Portfolio Manager. "Our ambitious goal is to outperform the market over rolling 3-year periods on an absolute and risk-adjusted basis by monitoring the macro environment and anchoring our portfolio to companies that own strong brands."About Accuvest Global AdvisorsAccuvest Global Advisors, with a U.S. and international client base of institutions, financial advisors and high net worth investors, carefully navigates complex global capital markets. An SEC-registered advisor, Accuvest offers a wide range of investment solutions through an innovative, global investment philosophy. Discretionary portfolios include the global equity Country First(TM) ETF suite of products, the equity portfolio Alpha Brands(TM) suite of products, and ETF and mutual fund Custom Models designed for you.For more information please visit: Accuvest.com or Globalbrandsmatter.com.For media, please contact: Accuvest Global Advisors, marketing@accuvest.com.Or visit LinkedIn: https://www.linkedin.com/company/accuvest-global-advisors/Accuvest Global Advisors - Alpha Brands, at Morningstar: www.morningstar.com/funds/xnas/hsutx/quoteSOURCE: Accuvest Global Advisors Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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#ContinuumBlockLegs – March Continuum Blockchain Legislation Summit

SAN FRANCISCO, CA, Mar 16, 2021 - (ACN Newswire via SEAPRWire.com) - Continuum Market and Kristina Bruhahn present #ContinuumBlockLegs March Blockchain Legislation Summit, the global virtual summit monthly meeting series with upcoming dates kicking off Friday, March 19th, aims to foster U.S. State & Federal Bipartisanship and Global Cross-Border policy discussions and consensus to create safe harbors of commerce in blockchain. Bring your curiosity and connect with a global community through breakout sessions and networking receptions. Participate in main stage content and roundtables on blockchain policy, blockchain brands and product offerings, and the latest in blockchain and cryptocurrency investing.Participants will have the opportunity to listen to innovators, entrepreneurs, investors, and blockchain brands on the frontlines who have developed solutions to global issues at scale addressing payment gateway policy shaping the global economy, education, food security, climate change, space exploration, and more.United in the mission to create safe lanes of commerce faster than legislation has ever been crafted before, trusted blockchain brands actively want to work with State and Federal Legislators throughout the fast-paced 2021 docket.Continuum World Virtual Expo Hall and Virtual Reality networking ecosystems exist to expedite these critical conversations and connect to blockchain consumers.Expo Booths and Roundtables are available all weekend to foster discourse and collaboration.This Global Cross-Border and US Bipartisanship inclusive event is brought to you by #DoRealGood and #Continuum3000.Tickets are available at http://bit.ly/ContinuumBlockLegsMarch. Sign up today!Our audience consists of all levels of Blockchain Interested Consumers; Wall Street, Fund of Funds, Blockchain Brands, Blockchain Legislation & Thought Leaders, Crypto Celebrities, Blockchain Newbies, Blockchain Accredited Education and more.Continuum Market evaluates Blockchain products called Cryptocurrencies, identifying their underlying asset attributes and resulting behaviors in consumer adoption and trading markets. For three years, Continuum Markets has identified Crypto Correlations to Global & US economy indicators such as VIX, Nasdaq 100, SP 500, Libor, Nikkei 225, Futures & Open Interest, GDP for US, EU, Brexit, China, GCC/MENA, Precious Metals, Edible & Non-Edible Commodities. Dashboards & APIs coming in Q2 2021.Continuum uses data science and natural language processing to create beautiful and easy to understand dashboards and analytics so you can benefit from our insights.For more information visit www.continuum.market Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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