Digitalization Archives - Page 49 of 50

SMEStreet Global Women Leadership Awards and International Forum for Economic Empowerment Through Women Entrepreneurship to be Organized

SMEStreet Foundation in association with WASME (World Association of SMEs) is all set to conduct Digital Forum For ECONOMIC EMPOWERMENT THROUGH WOMEN ENTREPRENEURSHIP- a Webinar with globally acclaimed women leaders. This global webinar on the topic of “Shaping up Entrepreneurship through Empowered Women and Women Workforce” is getting organized on digital platforms.

This webinar will happen along with the SMEStreet Global Women Leadership Awards 2021 in which over 20 Women leaders across the world are getting facilitated and recognized for their game-changing work towards creating opportunities around their respective horizons.

The webinar and the awards are likely to be conducted around the Second Week of October 2021.

The campaign of inviting nominations for the Global Women Leadership Awards was kickstarted from World Entrepreneurs Day on 21 August 2021. And nominations from around the world have come.

Supporting Partners for this webinar and awards are WASME (World Association of SMEs) and SAVE Foundation (Society for Advancement of Village Economy). And most importantly the initiative is also supported by the Ministry of MSME, Govt of India.

The Webinar is expected to host over 2000 Women Leaders across the world on that day through Digital and Social Media platforms and is expected to connect and educate over 50000 aspiring women entrepreneurs over the next few days through SMEStreet.in and its social media platforms.

On this occasion, SMEStreet-Women Leadership Forum (Pink Power Group) is also getting formed with an aim to discuss, develop and empower entrepreneurship through Women Leaders and influence the positivity for Women @ Workforce. This will be a consortium of Women Leaders from Entrepreneurial Backgrounds.

The outreach and impact partner for this initiative is SMEStreet Foundation and the organizing agency of this webinar is Vertical Business Media Pvt. Ltd.

Jury Members of the Awards

Jury Meeting SMEStreet-WICCI Global Women Leadership Awards The jury of the Global Women Leadership Awards is chaired by Shri MC Gupta, Former Chief Secretary Haryana Govt. and co-chaired by Shri Keshwar Janaki – Ambassador of Mauritius to Moscow, Russia. Other distinguished Jury members are Shri Amit Dua, Sr. VP, AXIS Bank, Smt. Sampa Banerjee, President -WICCI/Secretary- SAVE/Executive Director -WASME, Shri Faiz Askari, Founder & Chief Editor SMEStreet/Secretary-General SMEStreet Foundation and Ms Vaswati Mishra, Art & Culture Ambassador.

While maintaining social distancing the Jury meetings have happened over digital platforms and have evaluated the nominations and activity roadmap of the awards.

For any suggestions and nominations please connect with Faiz Askari on faiz@smestreet.in.

ST Telemedia Global Data Centres, Equinix, Oracle, Digital Realty and Cohesity to lead Datacentre and Cloud Summit 2021

With Southeast Asia becoming the global hotbed for Datacentres and Cloud Infrastructure, along with the region witnessing the emergence of the ASEAN Digital Masterplan 2025, over 1000 datacentre and cloud professionals from 200+ leading public and private enterprises across the ASEAN region will join the virtual edition of Datacentre and Cloud Summit (DCCI) 2021: ASEAN, organized by Tradepass on 28-29 September, 2021.

In an interview leading up to the summit, Jeremy Deutsch, President of Asia-Pacific, Equinix said, “With ASEAN leading the charge in data center and digital infrastructure growth, the virtual DCCI Summit ASEAN 2021 is the perfect platform for professionals and enterprises to connect and get updated on the latest trends and development in the data center and cloud segments.”

“Equinix is excited to be a part of this inaugural edition and we look forward to conversations with leaders and organizations, including how to support them in building a digital infrastructure that will accelerate their digital transformation and business growth,” he added.

Following the participation announcement, Sheena Chin, Managing Director of Cohesity ASEAN, Cohesity said, “Many organizations attempt to manage data through legacy products. However, legacy infrastructure is incredibly complex to manage and was not designed for the needs of modern businesses. What organizations need is a next-gen approach to data management that brings data workloads together on one platform spanning clouds, data centers, and the edge, managed through a single user interface – that’s what Cohesity provides.”

The distinguished speakers for the event will share key industry intelligence that will be highlighted by the many insightful presentations and ultra-rich panel discussions. In that light, DCCI 2021: ASEAN will cover the most pressing topics like:

– The Future of Data Centers: Delivering IT Infrastructure for the Digital Age in ASEAN
– Green Data Centers: Key to the Digital Economy Boom
– Cloud Security: Keeping IT Environments SECURE
– Edge computing: Changing the Future of Data Centers
– Importance of Data Center Architecture and Disaster Recovery

Recognizing the fastest-growing digital economy, Clement Goh, CEO, Southeast Asia, ST Telemedia Global Data Centres commented, “The ASEAN market is expected to be a bright spot for data centre growth with the confluence of increased digital connectivity led by the pandemic, growth of consumer digital adoption and Industry 4.0 that contributed to the significant industry growth. We look forward to participating at DCCI to share our insights on this populous region and how we can build better and smarter data centres to enable our digital future sustainably.”

Mark Smith, Managing Director – Asia Pacific, Digital Realty expressed his views about the summit, “Asia Pacific has been witnessing an explosive growth in data, driven by accelerated technological change with the emergence of AI, 5G, blockchain and IoT. Based on our Data Gravity Index DGx, APAC is expected to generate the fastest growth across all regions in terms of data gravity in the coming years. Key markets such as Singapore, Japan, South Korea are poised for an accelerated growth, resulting in even more demand for data center solutions.”

“At Digital Realty, we aim to balance growth with sustainability by building efficient and sustainable data centers in the APAC region and across the globe. We continue to extend coverage, capacity and connectivity options for enterprises to pursue their digital ambitions on PlatformDIGITAL, our global data center platform with over 4,000 participants in 47 metros across 24 countries,” he added.

Organiser and the CEO of Tradepass, Sudhir Jena expressed that “While we are always striving to keep our best foot forward to simplify the trending disruptions prevailing in the tech industry, DCCI 2021: ASEAN will be the most crucial to say the least as it deeply acknowledges the multi-billion-dollar Datacentre market along with the rapid mobilization of Cloud Infrastructure in Southeast Asia.”

Confirmed Sponsors: Equinix; Oracle; Cohesity; Digital Realty; ST Telemedia Global Data Centres; BDx Data Centers; Aryaka Networks; NetApp; Aerospike; Schneider Electric; 3M; Siemens; Snowflake.

For more information about the summit, log on to www.dccisummit.com

About Tradepass

Tradepass provides elite business networking platforms across the MEA, APAC and Europe that connects the world of tech buyers with market intelligence, insightful use-cases, and innovative solutions from global experts, investors, and business partners.

Shrinkhal Sharad
Tradepass Global
shrinkhals@tradepassglobal.com

Alpha DX Group Completes Acquisition of DiDi Academy

Alpha DX Group Limited, (“Alpha DX”, the “Company” and together with its subsidiaries, the “Group”), a premier learning and education solution company, is pleased to announce that it completed the acquisition of DiDi Academy as approved by the Company’s shareholders via an EGM held on 8 September 2021.

Separately, under the Addendum to the MOU (“Addedum”), DiDi Academy has been appointed as a service provider in “Next Generation” University – the Asnaro University of Uzbekistan (“PROJECT ASNARO”), the project Alpha DX entered into a memorandum of understanding (“MOU”) with the Republic of Uzbekistan (Ministry of Higher Education and Secondary Specialized Education of Uzbekistan) (“Uzbek MHSSE”) to build and operate together, as previously announced.

Furthermore, DiDi Academy will also develop collaborations and partnerships between Universities in Uzbekistan and Universities in Japan to facilitate various joint programs, including but not limited to, such as student exchange programs and joint degree programs among partner Universities in both countries.

Subject to the entry of binding agreements, Didi Academy is expected to receive agreed fees of no less than US$1.56 million over a five-year period to provide representations and campuses in Japan for Universities in Uzbekistan, on top of additional service fees from such joint programs.

DiDi Academy is also in advanced stage of negotiations for formal collaborations and partnership with several academic institutions and businesses in Japan to offer EduTrust certified educational and training programs to students and working professionals in Japan through a new licensing agreement that is in discussions with ERC Institute Pte. Ltd. (“ERCI”).

As one of the leading higher education & learning private institutions in Singapore, ERCI is engaged in the business of providing various EduTrust certified academic programs through collaborations with global institutions, which includes Advanced Diploma Programs, Bachelor’s Degree Programs, Master’s Degree Programs and corporate training services.

Alpha DX’s CEO, Mr Daiji Yamada, said, “As a pioneer in offering alternative choices in the academic path for students in Japan, DiDi Academy has the first mover advantage within Japan’s education market which has a combined market size of approximately S$91 billion per annum, comprising domestic education service of S$33 billion and higher education (Universities and Colleges) of S$58 billion.

Utilising our extensive range of digital technology to deliver the education and training programs will create a new emerging blue ocean segment within the massive education and learning market in Japan, hence DiDi Academy is expected to undertake a key strategic role in the Group’s growth plans ahead.”

The Company will continue to provide timely updates to shareholders as each new arrangement and partnership is being finalised and executed.

About Alpha DX Group Limited
(Bloomberg: ALEN:SP / Reuters: ALPH.SI/ SGX Stock Code: VVL)

Listed on the Singapore Stock Exchange, Alpha DX Group Limited (“Alpha DX”) is one of the region’s leading learning solution companies.

Led by the veterans in Technology, Education, Corporate Training and Business consultancy in both the Board of Directors and the management team, Alpha DX provides next generation Expanded Reality (XR)* integrated solutions in learning and education market that enable our customers to create engaging, fully immersive, super enhanced learning and training experiences of the future – next generation educational Institutions, multi-dimensional learning design methodologies, digital content conversion and creation platform, ubiquitous learning super platform and systems with the relevant technologies – all under one roof.

With a strategic focus on integrating XR technologies to create a personalised and digitally enhanced learning experience, Alpha DX aims to offer new value propositions, with its integrated ubiquitous learning solutions, to serve both today’s and the future needs of diverse learners across all genders, ages, cultures and purposes.

For more information, please visit www.alpha-dx.com.sg

Issued on behalf of Alpha DX Group Limited. by 8PR Asia Pte Ltd.
Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

This press release has been reviewed by the Company’s sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”) and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

AppsFlyer Launches Conversion Studio to Enable Single Source Mapping for SKAdNetwork Post-install Measurement

AppsFlyer’s latest SKAN innovation provides advertisers full control over metrics measurement in the era of iOS 14+

AppsFlyer, the marketing measurement and experience platform, today launched Conversion Studio, a hyper-flexible solution for conversion value measurement. Conversion Studio enables marketers to master conversion values by maximizing the lifetime value measurement for post-install activity simply and effectively within the limited capacity of the SKAN framework.

“With Conversion Studio, we set out to help marketers with a challenge that has plagued them in the post iOS 14 era: the difficulty in understanding how valuable their acquired users are in the long run,” said Roy Yanai, Head of Product, SKAdNetwork, AppsFlyer. “By design, SKAN limits advertisers to a single conversion value, which only captures one aspect of the user’s post-install activity. With Conversion Studio, AppsFlyer is giving marketers the power to master SKAdNetwork conversions and take back control over SKAN post-install measurement with insight into the lifetime value of their users.”

Conversion Studio provides marketers the ability to easily set their conversion value mapping with the flexibility to measure several metrics simultaneously. With visual cues that show the conversion value capacity and how each metric is measured, advertisers can easily fine-tune their mapping to make sure they’re making the most of virtually any post-install events, including metrics such as revenue, engagement, retention and conversion. Once the conversion value mapping is housed in AppsFlyer, it can be easily shared with all the SKAN integrated partners, serving as a single-source-of-truth for SKAN measurement.

With Conversion Studio, marketers will now be able to:

Split measurement metrics. Marketers can now customize their measurement, simultaneously measuring metrics that’s most important to them, such as revenue, in-app engagement, retention and more.
Extend the post-install user activity timer to a 72 hour window. By extending the activity timer, marketers will be able to measure longer lifetime value. In addition, marketers have an additional option of knowing when a user was last active, which facilitates the measuring of critical aspects like retention and cohorts.
Measure ranges within any specific metric. Defining flexible ranges within a specific metric enables marketers to be more efficient with the number of conversion values they implement.
Measure funnels to optimize the full capacity of lifetime value. By choosing the funnel function in Conversion Studio, advertisers can efficiently measure sequential events by using fewer values, optimizing the amount of in-app events measured.

“With AppsFlyer’s solution for custom conversion value mapping, we finally have the freedom in what and how we want to measure on iOS,” Michal Prokop Grno, Head of Marketing Analytics, Pixel Federation. “And all of that without the need to write a single line of code.”

More information on Conversion Studio is available here:
https://www.appsflyer.com/product-news/marketing-analytics/introducing-conversion-studio/

About AppsFlyer
AppsFlyer helps brands make good choices for their business and their customers through innovative, privacy-preserving measurement, analytics, fraud protection, and engagement technologies. Built on the idea that brands can increase customer privacy while providing exceptional experiences, AppsFlyer empowers thousands of creators and 8,000+ technology partners to create better, more meaningful customer relationships. To learn more, visit www.appsflyer.com.

Hundreds of Educators, Policymakers & Technology Leaders Assemble to Discuss the Future of Education in Thailand

On 14-15 September 2021, EDUtech Thailand will bring together the entire Thai education ecosystem to discuss new strategies, pedagogies and innovations to help inspire the next generation.

Over the two days, over 100 expert speakers from K-12 Schools and higher education Institutions across Thailand will be addressing key themes such as Digital Leadership, Digital Schools and Digital Campus in both English and Thai.

Setting the tone for the event is an inspiring opening keynote address by Kalaya Sophonpanich, Deputy Minister of Ministry of Education, Thailand. Following that, Banchong Mahaisavariya, President of Mahidol University, Chayaporn Wattanasiri, President of Mae Fah Luang University and Jirapon Sunkpho, Vice President on Information Technology of Thammasat University — Thailand will discuss about the strategies for transformation with leaders from Aruba and the Thai Programmer Association. Natcha Thawesaengskulthai, Vice President for Strategic Planning, Innovation and Global Engagement od Chulalongkorn University and Suchatvee Suwansawat, President of King Mongkut’s Institute of Technology Ladkrabang will also be delivering keynote addresses about their digital transformation journeys.

Headlining day 2 of the event is the exclusive keynote panel by lead by the Digital Economy Promotion Agency. Focused on the topic of “Upskilling on Coding, STEM, IoT and AI for schools”, the panel features Digital Economy Promotion Agency, Dr. Jakkanit Kananurak, Director of Digital Manpower Development and Promotion Department, Dr. Non Arkaraprasertkul, Senior Expert of Smart City Promotion Department, and their guests Associate Professor Dr. Tipparat Sittiwong, Faculty of Education, Naresuan University Dr. Preeyada Tapingkae, Senior Professional Level Teacher, Bansanpasak School, Assoc. Prof. Dr. Noawanit Songkram, Faculty of Education, Chulalongkorn University, and Dr. Sommai Khantong, Deputy Director of Digital Innovation Development Department, Mahasarakham University.

Additional featured speakers at EDUtech Thailand include:
– Dr.Ratthasart Korrasud, Senior Executive Vice President, Digital Economy Promotion Agency
– Laurent Goetschmann, Head of School & CEO, Concordian International School
– Dr Vorasuang (Michael) Duangchinda, Director – Office of Online Education, Sripatum University
– Dr Phumsit Sukontawong, Director, Potisarnpittayakorn School
– Dr Supan Tungjitkusolmun, President, CMKL University
– Kenneth Page, Primary Principal, Deputy Headmaster, British International School Phuket
– Assoc. Prof. Dr. Rattasit Sukhahuta, Director of Information Technology Services Center, Chiang Mai University
– Dr.Wisit Chaithaeng, Director, Bodindecha (Sing Singhaseni) School
– Asst. Prof. Dr. Anucha Somabut, Acting Director, Learning and Teaching Innovation Center, Khon Kaen University
– Chris Seal, Principal, Shrewsbury International School Bangkok Riverside
– Asst. Prof. Dr. Tanate Panrat, Assistant to President for Learning Innovation Development, Prince of Songkla University
– Thomas Banyard, Headmaster, King’s College International School
– Asst. Prof. Pongpith Tuenpusa, Vice President, Rajamangala University of Technology
– Adam Drew, Headmaster, HeadStart International School, Phuket
– Asst. Prof. Dr. Nadh Ditcharoen, Assistant to the President for Academic Affairs, Ubon Ratchathani University

Running alongside the conference, there will be a virtual exhibition hall showcasing the latest education technologies by edtech leaders including Google For Education, Lenovo Thailand, Amazon Web Services, Aruba, a Hewlett Packard Enterprise company and more
The two-day free-to-attend conference and exhibition is expected to gather education stakeholders from Thailand and beyond.

About EDUtech Thailand 2021
Date: 14-15 September 2021, LIVE ONLINE
Conference & Exhibition opening hours: 09:00 am ICT
Website: www.terrapinn.com/EDUtechThailand21
Register for a free pass here

About Terrapinn

Terrapinn is a business media company. Its products are trade exhibitions, conferences, training solutions and electronic and print publications. For more information, please visit www.terrapinn.com.

Note: Press registration for the conference is compulsory and advance scheduling for speaker/ sponsor interviews is recommended. Press passes are strictly reserved for reporters, journalists, editors only. Final issuance of press passes is subjected to Terrapinn’s discretion. For your complimentary press pass, please contact the following:

Jessica Foong
Marketing
Terrapinn Pte Ltd
Jessica.foong@terrapinn.com

Accounting & Finance Show Asia 2021: The largest technology event in Asia for accountants and finance professionals

On 21-22 September 2021, the Accounting & Finance Show Asia 2021 returns for its 4th edition, bringing together the region’s accounting and finance professionals.

In two years of disruption, businesses around the world have adapted quickly to rethink their processes and navigate the challenges. This largest gathering of the year for Asia’s accounting and finance professionals will help SMEs, enterprises and accounting firms to build on their digitalisation to date by sharing updates on the latest digital tools and technologies alongside expert advice on how to plan and prioritise for 2022 and beyond.

More than 100 accounting and finance leaders innovating and disrupting accounting and finance in Asia will take the virtual stage across 3 key channels, Digital Innovation: Keynotes & Tech Talks, Digital Practice and Accounting Tech: Adopt, Connect & Grow.

Opening the event on Day 1, Daniel Hustler, Education Manager – Asia, Xero will provide tips on how technology can be utilised to get paid faster and to better manage cashflow at the keynote session. Leaders from AirAsia, Tatler Asia, Motorola Solutions and Western Union Business Solutions will then take over with the first panel discussion on the most important insights, opportunities and risks for finance leaders in 2022 and beyond.

Day 2 kicks off with a keynote session presented by Kevin Fitzgerald, Managing Director – Asia, Xero who will share how accounting firms can shift to the cloud to attract and retain clients. In the afternoon, Cece Leung, Managing Partner, The Entrepreneur CFO, Jasmine Chung, Head of Finance, Foodpanda Hong Kong and Jeremy Li, Finance Director – APJ, Veeam Software will be leading a keynote panel on how some of Asia’s fastest-growing companies have planned for scalability with the right technology.

Other featured speakers at Accounting & Finance Show Asia 2021 include:
– Haroon Aslam, Finance Director, GETZ Healthcare
– Alan Wong, CFO, Olive Tree Estates
– Will Farnell, Founder, Farnell Clarke
– Sandra Blankson, Financial Controller, Luther LLP
– Richard Hayler, CFO, Nutrition Technologies
– Samuel Lim, Partner, Axios LLP
– Henry Tan, CEO, Nexius
– Charles Chen, Managing Partner, Charles & Partners
– Axel Hauke, Trader/Treasury Manager, Agrocorp International Pte Ltd
– Aly Garrett, Founder, All In Advisory
– Elaine Lim, Director, Agere Accounting
– Heather Smith, Accounting App Hype Girl, Anise Consulting

Running alongside the conference is a virtual exhibition hall where attendees can discover and demo the latest digital solutions. Our fantastic sponsors are ready to show how they can help businesses transform digitally. Meet Title Sponsor Xero, Gold Sponsors BlackLine, Gaviti, Jenji, Practice Ignition, Silver Sponsors Fathom, Inflo, Payoneer, SAP Concur, Unit4, Western Union Business Solutions and more, all at the click of a button.

“The last five years have seen the accounting industry become increasingly tech-savvy, with The Cloud sitting at the centre of innovation. Cloud accounting has enabled greater efficiency, accuracy, transparency, time and cost savings for businesses then ever before, giving accountants and bookkeepers more time to focus on strategic planning, business growth and creating greater value for their clients. We are delighted to be a part of this year’s Accounting & Finance Show Asia, and together with other industry experts share our learnings and insights to help practices across Asia achieve greater success,” said Kevin Fitzgerald, Managing Director – Asia at Xero.

The Accounting & Finance Show Asia 2021 is expected to gather over 2,000 accounting and finance stakeholders from Asia and beyond, and is set to be an event driving innovation, growth and collaboration within the industry.

Details of the 2-days virtual event are as follows:
Accounting & Finance Show Asia 2021
21-22 September 2021 | Virtual Free-to-Attend
Website: https://bit.ly/2WZqSaP
Register: https://bit.ly/3DPasm1 Agenda: https://bit.ly/3ySAZLr

About Terrapinn

Terrapinn is an international events media business with 30 years’ experience developing best in class conferences and exhibitions across a wide range of key industry verticals. With our global footprint and offices in London, New York, Singapore, Sydney, Dubai and Johannesburg, we’ve been sparking ideas, innovations and relationships that transform businesses. In Asia we run 17 pan Asian events; Telecoms, Enterprise Technology, Life Sciences, Transportation, Accounting, Logistics, Education and Renewable Energy sectors. In 2020, we ran over 80 virtual events and total attendance across all shows was in excess of 70,000.

For more information, please contact:– Lim Jia Le
Marketing Executive Terrapinn Pte Ltd Tel: (65) 8133 1705
Email: jiale.lim@terrapinn.com

Duiba’s Surprising 1H2021 Turnaround Supporting Bank SaaS Operations

Duiba Group (Hong Kong) Ltd, the well-known platform provider of management software, and interactive advertising platform operator founded by Xiao Liang Chen in 2014 and headquartered in Hong Kong, released its interim financial report on August 27, for the First Half 2021.

According to the report, Duiba (HKG:01753) recorded total revenues of RMB720 million, representing an increase of 53.82% from a year earlier, with profit attributable to owners of RMB62.804 million, representing a significant increase from a loss of RMB47.839 million in the First Half of 2020.

Significantly, Duiba recorded revenues on Software as a Service (SaaS) user management processes of RMB68.56 million, representing a sharp increase of 142%. We could guess from the report that Duiba achieved strong First Half 2021 financial results with its existing strategies. But what of Duiba’s potential future development?

Getting through tough times to turn around poor profitability
Founded in May 2014, Duiba is a SaaS user management systems provider and interactive advertising platform operator committed to providing enterprise customers with user acquisition, user activation and retention: realization covering the entire user lifetime.

With consideration to the COVID-19 situation, advances in digital technology and the influence of geopolitics have expedited the development of service companies in China, and the rapid growth of high-quality SaaS user management operators such as Duiba, and talk of an emerging SaaS unicorn:

On the one hand, for Chinese SaaS companies, the biggest pain point is the long profit-making cycle. Duiba acquired lots of customers by launching the free-of-charge SaaS user management platform in the early days, and began to offer paid services in April 2018 which led to a significant increase in its business performance.

From 2017 to 2019, Duiba recorded revenue of RMB650 million, RMB1.14 billion and RMB 1.65 billion and an adjusted net profit of RMB120 million, RMB210 million and RMB340 million, respectively, and achieved a three-year profit compound growth rate up to 69.4%.

The above data could tell that Duiba has gone through its no-profit period, and the financial data in the first half of 2021 could also tell that Duiba has come to the performance growth period. On the other hand, what many Chinese companies need from the SaaS industry are integrated solutions, instead of services for any single segment.

The user management services provided by Duiba are full-cycle management services and integrated solutions which cover user acquisition, user activation and retention, realization and other several aspects. Besides, in 2015, Duiba took the lead in conducting the interactive advertising business to reach target customers in non-first-tier cities, and achieved a win-win situation for advertisers, media providers and users through ad realization.

Support for banks with breakthrough offline strategies
The SaaS field is a big market. For SaaS service providers, whether or not they can seize market opportunities has nothing to do with their own strength, but their ability to take the best advantage when opportunity knocks. We find in a careful analysis of Duiba’s source of new customers that the increase in Duiba’s unit price and customer base mostly comes from offline sources, such as typical banking institutions.

For Duiba, providing SaaS services to banks is a great choice with vast potential opportunities:
First of all, banks are driven by the current trend to move their businesses online. According to a McKinsey survey, 40% of Chinese respondents expressed their preference for mobile banking, and 20% of Chinese respondents expressed their intention to use offline banking outlets less. In the context of the 5G technology and the coming era of 5G, banks will face great difficulties in acquiring new customers in the future and even lose their existing customers if they do not move their businesses online as soon as possible.

Furthermore, banks face challenges in moving their businesses online. Being accustomed to the comfortable days in the past, banks have no idea of Internet, and are too weak to confront Internet giants and fintech companies. Therefore, from the perspective of input-output ratio, banks desperately need outsiders such as SaaS service providers to help them move their businesses online.

Moreover, more and more customers prefer digital banking channels to traditional banking outlets in the context of COVID-19. According to a BCG survey, after COVID-19, the utilization rate of mobile banking is expected to further increase by 19%, and that of traditional banking outlets is expected to further decrease by 26%.

Duiba’s advantages in giving professional support to banks are described as below:
On the one hand, Duiba has run online since the beginning and has unique advantages online, and therefore, it can help banks to gradually convert customers who get banking services at offline banking outlets into online customers and include them in banks’ systems and to retain existing customers in face of the fierce horizontal competition.

On the other hand, Duiba focuses on user management and is familiar with “Gen Z”, and therefore can help banks acquire new customers including “Gen Z”.

In Duiba’s experience, Gen Z is more likely to participate in discussions on online social platforms and to focus on pan-entertainment information. In terms of daily consumption habits, Gen Z prefers to share membership to watch movies, place group orders for takeaways, search “price-cutting”, “coupons” and other discount information before shopping online, and the joy of “bargain hunting” in sales and shopping festivals.

Therefore, in view of Gen Z’s consumption habits, Duiba has helped banks to come up with many operation modes centring on user habits, such as IP pets, interactive games and mystery boxes.

According to the feedback from Duiba’s partners, with the help of Duiba, one out of four active users of bank cards can be converted on average to apply for instalment credit, with an event participation rate of 72.74% and a sharing rate of 53.8%. It can be seen that the SaaS services provided by Duiba can efficiently support banks in conducting their businesses.

In return, Duiba’s professional support to banks has also laid a foundation for its steady long-term business performance. On the one hand, key customers such as banks are very resilient to risks and are less likely to lose due to insolvency, and they are financially strong and have a strong willingness to renew.

On the other hand, key customers face high replacement costs. For banks, they will not change a SaaS service provider they have selected unless in unavoidable circumstances. This is because if they change, they will not only have to pay high costs of data transfer involving several divisions and businesses but also face the risk of data loss.

Generally speaking, key customers such as banks have a positive, long-term and sustainable impact on the growth of Duiba’s business performance. But in addition, Duiba has expanded its business since April 2018 to include offline companies with strong latent demand for user management solutions, a nimble strategy that led exactly to Duiba’s business outperformance.

Contact:
Jing Gao, Peanutmedia
E-mail: gaojing@czgmcn.com
Website: www.Peanutmedia.com

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

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

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

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

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

New brands, New directions, New trends

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

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

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

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

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

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

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

About ZALL Smart Commerce Group

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

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

Alpha DX Advancing on its First Public-Private Partnership in Digital Learning & Education with Uzbekistan

Alpha DX Group Limited, (“Alpha DX”, the “Company” and together with its subsidiaries, the “Group”), a premier learning and education solution company, is pleased to provide updates on the Group’s first public-private partnership (“PPPs”) in digital learning and education.

Previously on 26 August 2021, the Group has entered into a Memorandum of Understanding (“MOU”) with the Ministry of Higher and Secondary-Specialized Education (“MHSSE”) of the Republic of Uzbekistan (“Uzbekistan”) that encompass various joint ventures, collaborations and key deliverables in relation to AUU. As such, the Company has announced that its subsidiary, ZioNext Pte. Ltd., will develop and implement the next generation ubiquitous learning platform for AUU.

Under the MOU, Alpha and MHSSE will also establish a joint venture with the primary purpose of establishing and managing the AUU, a next generation University that will be fully integrated with the ubiquitous learning platform developed by Alpha DX’s subsidiaries.

PPPs are widespread in both developing and developed countries and governments often see PPPs as a way of improving quality, access or cost-effectiveness in their education system.

Subsequent to entry of the MOU, further discussions have been undertaken, and the joint venture is expected to be funded with USD$50 million by the joint venture partners and it will primarily be channelled towards the development and growth of AUU. Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan. The establishment of the joint venture and its terms are subject to the entry into binding agreements.

Scheduled to open in the 3rd quarter of 2022, AUU will have two campuses in Uzbekistan with the main campus located in Tashkent, the capital city of Uzbekistan, and the second campus located in Andijan, the administrative, economic, and cultural center of Andijan Region.

The Company will provide timely updates to shareholders as each contract is being finalised and executed.

With a strategic focus on integrating wide range of digital technology in education and businesses through strategic collaborations and partnerships, Alpha DX aims to transform learning and education to a fully personalised and ubiquitous learning experience for all learners across the world.

Formerly known as Alpha Energy Holdings Limited, the Group has transformed itself in January 2021 with fund raising and restructuring initiatives under the leadership of technology and financial veterans in the learning and education industry.

Alpha DX’s CEO, Mr. Daiji Yamada, said, “The sheer scale to continuously improve the quality of education justifies the need for public-private partnership. Many verticals within the education industry have been disrupted by the pandemic and in fact, we are operating in a market that is growing at a dramatic rate. As such, we are well positioned to harness the opportunities with our growing track record and capabilities.

“This PPP joint venture with the Republic of Uzbekistan is a corporate milestone for Alpha DX and it fits well with our growth strategy, enabling us to further expand our technological and intellectual resources in the global digital Learning industry. We expect the joint venture to help facilitate the development of our existing pipeline of project opportunities and prospective projects for further diversification and growth.”

About Alpha DX Group Limited
(Bloomberg: ALEN:SP / Reuters: ALPH.SI/ SGX Stock Code: VVL)

Listed on the Singapore Stock Exchange, Alpha DX Group Limited (“Alpha DX”) is one of the region’s leading learning solution companies.

Led by the veterans in Technology, Education, Corporate Training and Business consultancy in both the Board of Directors and the management team, Alpha DX provides next generation Expanded Reality (XR)* integrated solutions in learning and education market that enable our customers to create engaging, fully immersive, super enhanced learning and training experiences of the future — next generation educational Institutions, multi-dimensional learning design methodologies, digital content conversion and creation platform, ubiquitous learning super platform and systems with the relevant technologies — all under one roof.

With a strategic focus on integrating XR technologies to create a personalised and digitaly enhanced learning experience, Alpha DX aims to offer new value propositions, with its integrated ubiquitous learning solutions, to serve both today’s and the future needs of diverse learners across all genders, ages, cultures and purposes.

For more information, please visit www.alpha-dx.com.sg

Issued on behalf of Alpha DX Group Limited. by 8PR Asia Pte Ltd.
Media & Investor Contacts:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

The contact person for the Sponsor is Ms Ng Shi Qing, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Mobility Leaders, Disruptors, Stakeholders and Partners to Re-imagine the Future of Smart Mobility Across Asia

On 7-9 September 2021, MOVE Asia brings together those driving change in urban mobility across Asia to explore the opportunities, strategies and developments to fast-track smart mobility across Asia.

Over the three days, over 130 expert speakers from across the region will be discussing and debating topics on MaaS, electric vehicles, city freight, smart cities, energy, charging, and battery tech.

Opening the event on day one, Michael Lohscheller, Global CEO, VinFast and Isao Sekiguchi, Regional Vice President, ASEAN, Nissan Motor will envision the Smart Mobility on their respective keynotes. Leaders from BCG Digital Ventures, Eurazeo, Momentum Ventures and VentureTECH will then take over with their keynote panel on Accelerating the investment for a greener transportation system

Headlining second day of the event are Andy Palmer, President and Group Chief Executive Officer of Switch Mobility, Amr Adel, Senior Vice President, Mobility East of Shell, Pradeep Parameswaran, President of Uber Mobility, APAC and Tom Elvidge, SVP Vehicle Programmes of Arrival who will be sharing about how they are leading their organisations toward becoming smarter, more customer-centric and more sustainable in their respective keynotes.

On day three, Noni Purnomo, President Director and CEO of Blue Bird Group will be showing you how you could be Driving into the future with mobility innovations while Arun Kumar, CFO of Ola Electric and Group CFO of Ola who will be reveals their developments in Building an EV ecosystem. Rounding up the keynotes is the much-anticipated keynote panel on “Propelling urban air mobility – Towards being technologically feasible, commercially viable, and socially acceptable” by Lionel Sinai-Sinelnikoff, Founder and Chief Executive Officer of ASCENT, Sanjay Suresh, Head of APAC Drone Deliveries of Skyports, Hon Lung Chu, Head of Singapore and BD SEA of Volocopter and Jeffrey Lowe, Chief Executive Officer of Asian Sky Group

Additional featured speakers at MOVE Asia include:
– Roger Jones, Executive General Manager Business Technology, Auckland Transport
– Nate Chanchareon, Head of Strategic Planning, Bangkok Mass Transit System Public Company Limited (BTS)
– Mark Steven Pastor, Assistant Secretary for Road Transport and Infrastructure, Department of Transportation (Philippines) 
– Dr Non A, Senior Expert in Smart City Promotion, Digital Economy Promotion Agency
– Dr. Akarin Suwannarat, Chief Technology Officer & Executive Vice President, Energy Absolute 
– Kirk James, Chief Brand Officer, Gogoro 
– Vikrama Dhiman, Head of Product, Mobility, Gojek 
– Philipp Kandal, Head of Engineering, Geo, Grab
– Piyush Prasad, National Business Head, HERO Electric 
– Juan Intan Kangrawan, Head of Data Analytic, Jakarta Smart City 
– Alistair Scott, Managing Director, Jaguar Land Rover Asia Pacific
– Liu Chien-Pang, Senior Engineer, Ministry of Transport and Communications Taiwan
– Dr. Lee Chen-Yu, Director, Taipei Smart City Project Management Office (TPMO) 
– Satya Widya Yudha, Member of the Board, The National Energy Council of the Republic of Indonesia
– Tessa Knox-Grant, Executive Director, Planning and Programs, Transport for NSW 
– Sardjono Jhony Tjitrokusumo, President Director, Transjakarta
– Wen Tung Chiu, Group Director (Research & Development), Strategic Planning Group, Urban Redevelopment Authority of Singapore

Running alongside the conference is a virtual exhibition hall showcasing the latest education technologies by mobility industry leaders including Shell, HERE Technologies, Geotab, ABB, Caburn Telecom, Cornerstone Technologies, Continental, Google Maps Platform, Gridwiz, iZeeM, LSC ECOSYSTEM CORPORATION, NextBillion.ai, Sendbird, TomTom and more.
The two-day free-to-attend conference and exhibition is expected to gather over 2,000 mobility stakeholders from APAC and beyond.

About MOVE Asia 2021

Date: 7-9 September 2021, LIVE ONLINE
Conference & Exhibition opening hours: 09:00 am SGT / GMT+8
Website: https://bit.ly/3yr4hAB
Regsister free pass: https://bit.ly/3kwE2E2

About Terrapinn

Terrapinn is a business media company. Its products are trade exhibitions, conferences, training solutions and electronic and print publications. For more information, please visit www.terrapinn.com.

Jessica Foong
Marketing
Terrapinn Pte Ltd
Jessica.foong@terrapinn.com