Category: Retail & eCommerce

Nayax and A2Z Cust2Mate Unveil Disruptive On-Cart Payment Solution for Retail Shoppers

Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, and A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ)(FRA – WKN:A3CSQ), a global leader in innovative technology solutions, today announced a strategic partnership to pair Nayax’s convenient automated self-service retail mobile payment system with A2Z Cust2Mate’s innovative smart cart platform for smart retail stores.

Nayax and A2Z Cust2Mate will allow customers to complete their entire shopping journey from the comfort of their smart cart, with no need to waste time in long checkout lines. A2Z’s Cust2Mate 3.0 can transform any shopping cart into a powerful shopping platform, integrating a sleek touchscreen panel, with computer vision and a powerful algorithm to provide an effective, interactive, and personalized shopping experience. Incorporating Nayax’s innovative on-cart comprehensive hardware and software payment solution, A2Z Cust2Mate 3.0 will allow customers to simply “pick-and-go”, providing a more convenient shopping experience.

Nayax and A2Z Cust2Mate will collaborate to sell the Cust2Mate 3.0 smart cart system with integrated Nayax payment technology as a unified, end-to-end solution for retailers around the world. The first smart carts with Nayax’s payment solution will be deployed in France, with the goal to deploy tens of thousands of payments enabled smart carts globally.

“Relocating the point of sale from the checkout lane to the shopping cart is an ingenious way to improve a retailer’s operational efficiency and the shopper’s experience,” says Yair Nechmad, CEO and Chairman of Nayax. “Nayax is thrilled to partner with A2Z Cust2Mate to offer an integrated, state-of-the-art shopping and payment solution for retailers and their customers.”

“This partnership expands our sales reach and strengthens our presence in the retail market,” commented Gadi Graus, CEO of A2Z Cust2Mate. “By integrating Nayax’s seamless payment solution with our smart carts, we’ve created a game-changing innovation that boosts retailer revenue, cuts operational costs, and enhances the shopping experience.”

About Nayax Ltd.

Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. As a global leader in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers’ growth across multiple channels. As of June 30, 2024, Nayax has 11 global offices, approximately 1,100 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax’s mission is to improve its customers’ revenue potential and operational efficiency. For more information, please visit www.nayax.com.

About A2Z Cust2mate Solutions Corp.

A2Z Cust2Mate Solutions Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is the world’s first proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and other technologies, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply “pick & go”, and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers

For more information on A2Z Cust2mate Solutions Corp. (NASDAQ: AZ) ($AZ)(FRA – WKN:A3CSQ) and its subsidiary, Cust2mate Ltd., please visit www.cust2mate.com.

Nayax Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate” and “potential,” among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID 19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; Moshe Shmaryahu’s success as the Company’s new Chief Information Officer; and other risk factors discussed under “Risk Factors” in our annual report on Form 20-F filed with the SEC on February 28, 2023 (our “Annual Report”). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under “Risk Factors” in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.

A2Z Cust2mate Forward-Looking Statements

Matters discussed in this press release may contain forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the on SEDAR and with the Securities and Exchange Commission. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. Forward-looking statements contained in this announcement are made as of this date, and the company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein.

Issued By: Swan Consultancy Sdn. Bhd. on behalf of A2Z Cust2mate Solutions Corp. and Nayax Ltd.

For more information, please contact:
Mandy Tan
Tel: +60 16-477 2257
Email: m.tan@swanconsultancy.biz

Inaugural Hong Kong Shopping Festival ends successfully

– Enthusiastic response from local SMEs, HKTDC actively preparing for the next edition

– The inaugural Hong Kong Shopping Festival, organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully in August with total impressions exceeding 90 million on e-commerce discussion forums and official website
– The festival helped local SMEs increase brand awareness and gain practical experience in expanding into the mainland market via e-commerce. Hong Kong companies received numerous enquiries and orders from potential customers during the event
– The event collaborated with more than 30 renowned mainland KOLs on three major e-commerce platforms, with live-streaming e-commerce promotions for more than 60 Hong Kong brands, demonstrating mainland consumers’ strong confidence in the city’s goods
– The HKTDC is actively preparing for the next edition of the Hong Kong Shopping Festival to help more local SMEs enter the mainland e-commerce market

The Hong Kong Shopping Festival, organised by the Hong Kong Trade Development Council (HKTDC) and fully supported by the Government of the Hong Kong Special Administrative Region (HKSAR), concluded successfully in late August, helping local small and medium-sized enterprises (SMEs) increase brand awareness and gain practical experience in expanding into the mainland market via e-commerce channels. The event received an enthusiastic response, with more than 90 million impressions on e-commerce discussion forums and official website.

Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR Government, said: “The global e-commerce market continues to grow rapidly. In particular, the mainland has been the leading online retail market for 11 consecutive years, becoming an engine of growth for Hong Kong SMEs to expand their businesses. The HKSAR Government put forward a number of initiatives in the 2023 Policy Address to encourage and assist local SMEs in developing e-commerce businesses and seizing market opportunities. We are delighted that the inaugural Hong Kong Shopping Festival was well received and gained the robust support of local businesses, motivating more SMEs to participate in e-commerce businesses. The Government will continue to support SMEs through various measures, including the SME Export Marketing Fund and ‘E-commerce Easy’, so as to encourage SMEs to upgrade and restructure their operations and develop e-commerce businesses, thereby promoting the development of new quality productive forces.”

Stephen Liang, Assistant Executive Director of the HKTDC, said: “The inaugural Hong Kong Shopping Festival has concluded after a successful one-month run, providing local SMEs with a practical platform to master the art of e-commerce.  The event has also significantly enhanced SMEs’ brand awareness, building a solid foundation for their future development in the mainland e-commerce market. Following the event, many SMEs have expressed interest in participating in future Hong Kong Shopping Festivals, demonstrating their strong interest in the e-commerce sector and willingness to tap into the enormous potential of the mainland market. This positive response has given us the impetus to organise the event again next year.”

Throughout August, the HKTDC, led by Paul Chan, Financial Secretary of the HKSAR Government, collaborated with celebrities and influencers to promote the Hong Kong Shopping Festival through various strategically planned digital marketing channels, including Xiaohongshu, Douyin, Taobao, JD and others, boosting visits to the official website and, in turn, to the SMEs’ own online stores.

Understanding live-streaming and other techniques in mainland market
During the festival, several SMEs kickstarted live-streaming e-commerce in the mainland market, including Markwill Solutions Limited, the exclusive distributor of Gold Energy Snail Synergy, a Korean skincare and cosmetic brand, in Hong Kong. The company applied to run promotions on JD as the starting point. “The procedures were slightly complex, but luckily the HKTDC was on hand to help,” said Markwill Solutions Manager Man Leung.

As a beginner in the mainland e-commerce field, Mr Leung watched numerous live-streaming sessions to explore the broadcast style of KOLs, learn the industry jargon and understand the discount strategies in the mainland market. He found out that while the popular term in Hong Kong is “buy 2 get 1 free”, the mainland market uses terms such as “expected paid price”, which was completely new to him. He also became aware that a key factor in driving sales of skincare and cosmetic products is the location of consumers.

“The weather in the southern, middle and northern regions [of Mainland China] is different, as is the people’s need for cosmetics,” Mr Leung said. He also noticed that the KOLs who partnered with the brand were all from the northern regions, while customers were mainly from the northern and central regions. This made him realise the importance of the company conducting more research into how regional and seasonal factors could influence the shopping desires of customers.

Cross International Limited runs First Edible Nest, which sells dried seafood. The company had already begun exploring e-commerce, hiring KOLs to conduct live-streaming sessions in the mainland market since the pandemic in 2020. However, owing to its limited budget, the company found it hard to invite renowned KOLs to work with them. “This time, the HKTDC was able to connect us with top-tier KOLs,” said Manager Eddy Lo. During the festival period, six live-streaming sessions on Tmall and Douyin were conducted. “Two of the sessions on Tmall were excellent, generating RMB300,000 in revenue. I was pleased with the sales figures.”  

Kiu Fung Hong Limited, which sells food products such as potato chips, also achieved encouraging sales figures during the Hong Kong Shopping Festival. CEO Ellis Wong said the company had been selling its products on JD. When it came to the Hong Kong Shopping Festival in August, “comparing our average monthly orders from January to July, the August orders soared by 135 times,” he said. This demonstrates the effectiveness of the promotions run during the festival and Mr Wong said he hoped the event could be held regularly to continue the momentum. He encouraged other SMEs to participate in the next Hong Kong Shopping Festival to gain experience in how to develop the mainland market via e-commerce channels.

Promotion boost online impressions, influencers showcase Hong Kong
The Hong Kong Shopping Festival promoted online-offline integration with 10 million impressions on the Xiaohongshu platform. The Hong Kong Shopping Festival partnered with a diverse group of celebrities and influencers for engaging promotional activities, with the likes of Moses Chan, Grace Chan, Kenneth Ma and Hu Ke adding vibrancy to the event. In addition, more than 30 renowned mainland KOLs, including Li Jiaqi and Chen Jie Kiki, conducted over 30 live-streaming e-commerce sessions on three major platforms, endorsing over 60 brands by planting seeds to boost brand awareness. Influencers also showcased Hong Kong’s cultural customs, distinctive foods and urban landscapes through offline city walks, drawing significant interest and generating discussions. Food and health supplement products garnered particular attention during the promotional campaign, reflecting the strong confidence of mainland consumers in the reputation and quality assurance of Hong Kong goods.

The Hong Kong Shopping Festival aligns with a measure in the 2023 Policy Address to assist Hong Kong’s SMEs in expanding into the Mainland China market via e-commerce channels with the slogan “Unveiling a New Lifestyle, Curated by Hong Kong“. “Unveiling a New Lifestyle” refers to launching new products in the market and the aspiration to enrich people’s lives through these products. “Curated by Hong Kong”, meanwhile, reflects the meticulously selected quality products from Hong Kong that are being made available to mainland consumers.

The first Hong Kong Shopping Festival gathered more than 230 brands, showcasing 500 products and exclusive discounts in six major categories: apparel and accessories, personal care and cosmetics, home and living, classic food, smart gadgets and health supplements. The event not only helped Hong Kong’s SMEs leverage the customer base and traffic on mainland e-commerce platforms and increase brand awareness, but also helped them gain practical experience in how to expand into the huge mainland e-commerce market.

Hong Kong Shopping Festival Website: https://bit.ly/4fR29cl

Photo download: https://bit.ly/4dUZvBd

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Media enquiries
Yuan Tung Financial Relations:
Agnes Yiu               Tel: (852) 3428 5690      Email: ayiu@yuantung.com.hk
Tiffany Leung           Tel: (852) 3428 2361      Email: tleung@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:
Katy Wong               Tel: (852) 2584 4524      Email: katy.ky.wong@hktdc.org
Sunny Ng                Tel: (852) 2584 4357      Email: sunny.sl.ng@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com

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

CleverTap Launches Product Experiences for Optimizing App and Web User Experience

  • New solution enables product managers and marketers to collaborate seamlessly and experiment effortlessly

CleverTap, the all-in-one engagement platform, today announced the launch of Product Experiences – a one-stop solution to effortlessly experiment and elevate customer experiences across web and apps to help maximize lifetime value. With a no-code approach, user-friendly UI, and advanced segmentation capabilities and analytics, Product Experiences allows product and growth managers to effortlessly personalize as well as optimize app and website user experiences.

In today’s competitive app landscape, the stakes are higher than ever for businesses. With 50% of users uninstalling an app within 30 days and 25% abandoning it after just one use, the pressure is on the brand to deliver personalized experiences. Any issue in user experiences can lead to swift abandonment given the ease of access to other alternatives. According to studies by McKinsey, a staggering 70% of drop-offs are due to sub-par in-app experiences, while 76% of customers express frustration when brands fail to provide personalized interactions.

That’s where CleverTap Product Experiences steps in to address these critical challenges. It empowers product managers and growth teams to effortlessly experiment and make swift changes to the app’s design, functionality, and workflows with minimal technical dependency—be it A/B testing onboarding, add-to-cart flow variants, updating banners, showing dynamic pricing, and other content. Thus democratizing app and web experience management by enabling growth teams to independently manage in-app monetization and personalization without the need for additional app updates. This drives operational efficiency, ensuring your business remains agile and responsive to market demands.

The key components of Product Experiences include Remote Config and Product A/B Testing. Remote Config allows marketers and product managers to effortlessly map app and web functionalities to Remote Config’s user friendly interface, enabling seamless control and personalization of the user experience. They can create precise segments with zero-code and override variable values to tailor the experience for specific audiences directly from the CleverTap dashboard.

With Product A/B Tests, marketers can set up experiments with multiple variants related to UI, functionality, and workflows. Through precise measurement of results based on key performance indicators (KPIs), businesses can analyze performance with detailed analytics and seamlessly deploy the most successful version to their user base.

Anand Jain, Co-Founder and Chief Product Officer, CleverTap said, “Businesses are continuously striving to push out newer features and updates to benefit the end user. The app updates that bring these changes are often the result of a complex, time-consuming and resource-intensive process. App release cycles are not scalable, cost-effective or agile enough to respond to market demands and keep up with the rapidly changing business environment. Product Experiences addresses these industry pain points by empowering businesses to take control of their app and web experiences with minimum technical dependency. Its unique capabilities offer CleverTap customers an all-in-one solution that redefines campaign management and performance and app and web experience management, proving to be a complete platform for future digital engagement success.” 

About CleverTap
CleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.

Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/  
X: https://twitter.com/CleverTap  

Forward-Looking Statements
Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Communications, CleverTap
+91 9820900036
sony@clevertap.com  

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co 

Gome Retail Continue to Focuses on Main Business, Actively Innovates and Transforms to Reduce Costs and Increase Efficiency

– Take Multiple Measures to Optimize Business Strategies and New Business Models Have Achieved Iinitial Results

Gome Retail Holdings Limited (HKG: 493, Gome Retail or the Company, together with its subsidiaries, the Group) announced its unaudited six-month results for the six months ended June 30, 2024 (the Reporting Period).

Focusing on the main industry to consolidate the border, take multiple measures to actively resolve the debt problem

In the first half of 2024, the domestic economy was affected by the severe and complex international environment and cyclical adjustments of domestic policies, and recovery was still slow. From an industry perspective, real estate market declined significantly, and the income growth of local governments and households slowed down. The home appliance industry has been affected by these factors, and the retail sales growth of all types of home appliances has slowed to varying degrees in the first half of the year. In the first half of 2024, the Group recorded revenue of approximately RMB169 million; and loss attributable to owners of the parent was approximately RMB4,432 million.

In the first half of 2024, the Group continued to focus on its core retail business, activate the  “Home‧Living” omni-retail ecosystem, actively and extensively explore a variety of procurement  channels and methods, and focus on the retail of home appliances, consumer electronic products,  groceries and various types of daily necessities. It also promoted offline upgrades and strengthened  new operating methods such as online live streaming. In addition, it accelerated the development of franchising business and the GOME Automobile Experience Hall commenced its operation, creating new growth opportunities. In respect of dealing with its debt issues, the Group has continued to divest from serious lossmaking businesses and non-core assets. Furthermore, it also disposed some of its long-term assets to settle debts, and actively negotiated with creditors for debt settlements.

Reshape the retail business, promote single store franchises, and continue to optimize and upgrade new model business strategies

Gome’s new retail model business strategy continues to be optimized and upgraded. On the one hand, Gome uses live broadcast as the fulcrum to promote the focus on its main business, tap new increments through short videos, live broadcast and other marketing models, and consolidate online business; on the other hand, the Company actively promotes single-store franchises As the core asset-light joint venture and cooperation model, we get rid of “heavy assetoperation” and open up “single store franchise” with the “light asset”, “heavy operation” and “strong management” operating model. The Company fully opens brand authorization to franchisees, focuses on supply chain model innovation, and shifts from electrical appliance franchises to all-industry franchises, quickly forming a franchise network of different models and different formats. Based on maintaining the original franchise equity cooperation, single stores are encouraged to join similar franchise equity form of cooperation.

During the reporting period, the single-store franchise joint venture cooperation model has entered the substantive operation stage and achieved rapid development, attracting the attention of many investors. At present, dozens of companies have signed contracts, and nearly a hundred companies are in the process of signing contracts.

Actively exploring new business growth curves, the GOME Automobile Experience Hallhas received enthusiastic response from the market

Gome Retail focuses on the experience of its main business, at the same time, actively thinks about changes and strives for progress, explores new growth models, and builds offline automoblie experiencehall. Gome Automobile Experience Hall is OMO’s one-stop car selection, car purchase, and car use platform with product closed-loop empowerment capabilities. It uses a solid store expansion model to empower the automoblie  product market and solve the problem of individual car dealers’ purchase difficulties and expensive purchases. Meanwhile, it also ensures that consumers in various regional markets can buy new car products with clear channels, low prices and transparency, bringing consumers a new car buying experience. With its unique business model and enabling support including vehicle source channels, logistics and warehousing, Gome Automobile Experience Hall has received cooperation intentions from many well-known domestic and overseas automobile brands. During the Reporting Period, the Gome Automobile Experience Hall has started substantial operations and has received good market feedback.

Looking ahead, the government emphasized the active expansion of domestic demand, further clarified the comprehensive relaxation of real estate controls, and emphasized that “the focus of economic policies will shift more to benefiting people’s livelihood and promoting consumption.” It is believed that more positive policies will be introduced in the second half of this year to support the economy. With a steady recovery, the industry environment is expected to improve.

Gome Retail management said: “In the future, the retail industry will face more new opportunities and challenges, Gome has never forgotten its original intention of serving the people’s better life and its responsibility as a listed company. The Company’s management will still work hard, lean management, integrate resources and business collaboration, and create direct operational contributions; at the same time, we also look forward to continuing to work with more partners to empower each other and jointly help the retail industry to upgrade and iterate, to satisfy Chinese families’ pursuit of a better life.”

– End –

About GOME RETAIL HOLDINGS LIMITED
GOME RETAIL HOLDINGS LIMITED was listed on the Hong Kong Stock Exchange in July 2004 (HKG: 493). Founded in 1987 in China, GOME is committed to building China’s leading technology-based, experiential, entertainment-oriented and socialized home-life technology retailer. With the strategy of “Home Living”, Gome Group focuses on retailing of electrical appliances and consumer electronics products, and builds a closed-loop ecosystem for the entire product line.

Please visit our website for more information: www.gome.com.hk

Issued by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED for and on behalf of GOME Retail Holdings Limited. For further information, please contact:

EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED
Ms Wu Xiaoyue / Ms Isla Gu
Tel:(852) 3468 8874  Fax:(852) 2111 1103
Mail:xiaoyue.wu@everbloom.com.cn/jin.gu@everbloom.com.cn

Celeb-red our Nation’s Birthday with LAC!

The last few years have been tumultuous, marked by rising inflation, job market fluctuations and housing market volatilities, among other challenges. Despite these difficulties, Singaporeans have shown remarkable resilience, navigating adversity with unwavering strength and determination.

Mental resilience aside, the pandemic has also highlighted the importance of maintaining our health resilience, prompting a growing emphasis on enhancing and safeguarding physical health in its aftermath. In fact, a recent Yougov survey found that three out of five residents in Singapore plan to place emphasis on their physical health as their top new year resolution in 2024.

In line with this year’s National Day theme of “Together, As One United People,” LAC (pronounced L-A-C) is dedicated to playing its part in supporting Singaporeans’ immunity and health resilience. With a wide range of speciality supplements made conveniently available to people across all walks of life, LAC aims to help individuals tide through current and future health challenges, reinforcing our collective strength, unity and well-being.

Formulated with Traditional Chinese Medicine ingredients such as Lingzhi and Cordyceps, LAC ACTIVATED® Zhi® Immunity serves as a natural booster of the immune system. These well-known ingredients help strengthen the body’s natural resilience, accelerate recovery and boost energy levels to safeguard against illnesses caused by the fatigue of daily life. Additionally, the natural energy boosters found in LAC ACTIVATED® Zhi® Immunity also help to improve focus and alertness without relying on the need for stimulants such as caffeine.

For busy individuals looking to enhance their immunity, multivitamins can be a convenient addition to daily routines. LAC Women’s Mega Multi Active and LAC Men’s Mega Multi Active are designed with essential ingredients like Zinc and Vitamin C to support immune health, making them perfect for those with demanding schedules. These supplements also cater to the different nutritional needs of men and women with calcium to combat osteoporosis in women and Branched-Chain Amino Acids to enhance exercise performance and muscle growth in men, serving as an effective and convenient all-in-one solution to help bolster the body’s natural immunity and safeguard against potential illnesses.

As the nation celebrates shared identities and resilience this National Day, it is crucial to prioritise physical health amidst current societal challenges, so as to be fully present to spend quality time with people who matter.

Rockbird Media Triumphs with Inaugural Vietnam Edition of the Retail and E-Commerce Summit Asia

The much-anticipated Retail & E-Commerce Summit Asia (RESA) 2024 made history as it concluded its inaugural event in Vietnam, following its remarkable success across other countries in Southeast Asia. Held on August 22, 2024, at Mai House, Ho Chi Minh City, this landmark summit welcomed retail and e-commerce leaders seeking to capitalize on digital expansion.

Attendees, including C-level executives, industry innovators, and emerging entrepreneurs, engaged in a day of transformative discussions and networking opportunities that set the stage for the future of digital retail growth.

With the theme “Retail Revolution: Solidifying Growth Through Digital Expansion,” the event offered unparalleled insights into the dynamic intersection of retail and technology in burgeoning markets such as Vietnam. Participants gained access to cutting-edge strategies and exclusive content aimed at navigating the complexities of today’s e-commerce landscape, ensuring they were left equipped with actionable knowledge and essential connections.

On the valuable insights from the first-ever RESA Vietnam, it’s all about personalization for Le Huynh Phuong Thuc, Managing Director of Guardian Vietnam and one of the event speakers. “The more personalization that we can have, the more we understand about the customer and have the customized offers to the customers at the right timing, with the right value, with the right products.”

With Vietnam’s market experiencing robust growth, fueled by the potential of digital expansion and increasing foreign investment in retail and e-commerce, RESA offered a prime opportunity to enhance industry knowledge and network. The summit’s unique format fostered a collaborative environment where industry leaders could exchange ideas and explore future opportunities.

“Given this is the first time that you organized an event here, I say it’s impressive,” Huyen Trinh-Thanh, Co-Founder and CGO of Piktina, and another speaker, noted of the event. “I enjoyed the quality of the discussions today. I’ve got to meet a lot of good people as well as C-suite or C-level people, all of the decision-makers are in the room. The discussions were thoughtful and insightful.”

For more information, you can visit: https://rockbirdmedia.com

About rockbird media

Rockbird media is an international business media company that produces B2B events and offers business solutions.

Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.

Media contact:
annjubelle@rockbirdmedia.com

CleverTap’s AI-based Recommendation Engine helps Eatigo achieve 100% growth in reservations

Award-winning online restaurant reservation platform Eatigo, collaborates with CleverTap – the all-in-one engagement platform, to enhance customer engagement and boost reservations. Through CleverTap’s AI-powered recommendations engine, Eatigo was able to offer its users relevant and timely recommendations with precision, ensuring higher conversions. The platform’s orchestration and analytics capabilities enabled Eatigo to coordinate complex, multi-channel marketing campaigns at scale and track the performance of its campaigns. 

Set up in 2013 with a mission to “connect empty tables with empty stomachs”, Eatigo is a leading online reservation platform. The brand has expanded rapidly, seating over 6 million diners, and accumulated over 6000 restaurants across Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.

By harnessing CleverTap’s AI/ML-powered capability suite: Clever.AI, Eatigo was able to hyper-personalize its engagement through more than 10 automations and nearly 100 journeys. As a result, Eatigo’s users were 2X more likely to make reservations. Additionally, CleverTap’s Liquid tag and journey features enable Eatigo to create omni-channel experiences capturing diner’s attention and driving reservations. 

Commenting on the collaboration, Surakan Kittiperakorn, Regional Marketing Lead, Eatigo said, “Collaborating with CleverTap has granted us access to their comprehensive and dynamic suite of capabilities, enabling us to achieve our goals and grow our business in the Southeast Asia region. Utilizing CleverTap for local campaigns has helped us craft personalized marketing campaigns and messaging that resonates deeply with our users. The precision and efficiency of their AI-powered recommendations have significantly boosted our engagement metrics, allowing us to connect diners with the perfect dining experiences. We are excited about the future and look forward to continuing to innovate and grow with the support of CleverTap’s robust platform.”

Sidharth Pisharoti, Chief Revenue Officer, CleverTap, said, “In today’s highly competitive restaurant industry, customer engagement and personalized experiences are crucial for success. At CleverTap, we understand the unique challenges faced by businesses in this sector and are committed to providing innovative solutions that drive growth and customer satisfaction. Our AI-powered platform enables companies like Eatigo to harness the power of data to create tailored marketing strategies that resonate with their audience. We are thrilled to support Eatigo in their mission to enhance the dining experience and are excited to see the impact our collaboration has had on their reservation rates.” 

Eatigo leveraged CleverTap’s AI-based recommendation engine to tackle a few obstacles. When the customer cancels their reservation, the engine comes up with 5 other options to increase conversion rates. If another user scrolls through the options but doesn’t make a reservation, the engine offers custom suggestions to convince them. Furthermore, CleverTap’s engine proactively reaches out to customers who made their last reservation a month ago, via a multi-channel approach to increase the chances of their return to the app. 

About Eatigo

Eatigo, founded in 2013, is committed to connecting “empty tables with empty stomachs” by providing a rich selection of dining options through its online reservation platform. With a strong presence in Southeast Asia, Eatigo serves regions such as Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.

By offering time-based discounts of up to 50%, Eatigo enables diners to enjoy high-quality dining experiences at affordable prices. Its unique, time-slot-based yield management solution also helps restaurants increase revenue during off-peak hours. In 2023, Eatigo merged with FunNow, joining the FUNNOW Group and further solidifying its leadership in the lifestyle booking and digital services sector.

About CleverTap

CleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.

Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/ 
X: https://twitter.com/CleverTap 

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Communications, CleverTap
+91 9820900036
sony@clevertap.com  

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co  

Retail Revolution in the Age of AI: Rockbird Media Launches 12th Retail and E-Commerce Summit Asia in Singapore

A clear testament to the success of its past editions, Rockbird Media is thrilled to announce the 12th Retail & E-Commerce Summit Asia, set to unfold on September 26, 2024, at the One Farrer Hotel in Singapore. Themed “Retail Revolution: The Limitless Growth in the Age of AI,” this premier event is poised to dive deep into the seismic shifts reshaping the retail and e-commerce landscape.

Despite its smaller population compared to regional neighbors, Singapore is on track to achieve a remarkable US$5,901 million in retail and e-commerce revenue by 2024. This impressive growth highlights the city-state’s burgeoning role in the global digital economy and underscores the urgent need for businesses to adapt and thrive in this dynamic environment.

The summit will offer an unparalleled opportunity for industry professionals to explore the latest trends and technologies driving the retail revolution. Attendees will benefit from keynote presentations, interactive breakout sessions, and panel discussions featuring leading experts. Personalized agendas, 1-on-1 meetings, and vibrant networking sessions will also be integral to the event, ensuring that each participant gains actionable insights and valuable connections.

Singapore stands at the forefront of e-commerce innovation, and this summit will provide crucial insights into harnessing AI and technology for limitless growth, bringing together 100+ industry leaders and experts to shape the future of retail.

For more information, including registration details, the in-depth agenda, speaker updates, pricing, and more, please visit https://rockbirdmedia.com/all_b2b/resa-singapore-2024/.

About rockbird media

Rockbird media is an international business media company that produces B2B events and offers business solutions.

Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.

Media contact:
annjubelle@rockbirdmedia.com

Cross-channel marketing strategies boost conversion rates by up to 31%; CleverTap Report

CleverTap, the all-in-one engagement platform, today released its market research report on “Unraveling the Cross-Channel Marketing Strategy”. The report highlights the necessity of tailoring marketing approaches to resonate with regional audiences while maintaining a cohesive global presence. It underscores the importance of understanding local and industry-specific nuances to optimize cross-channel strategies as businesses grow. 

The report has looked at more than 600 businesses across the globe and examined factors that could influence or shape the omni-channel strategy such as business growth stage, geographical nuances, industry dynamics, customer lifestyle milestones, and user retention.  The cross-channel strategy of a business involves selecting the right number of channels and the right mix – depending on the stage of growth the business will be in at any given point in time and where the customer is in their lifecycle. A key indicator of the stage of growth a company is at is the number of monthly active users. It is observed that businesses witness up to 49% increase in conversion rates by using four or more channels as part of their omni-channel strategies. 

While email remains dominant in markets like the US and UK, SMS holds significant sway in regions like China and the US, and WhatsApp emerges as a powerhouse in South America and Asia. The report found that adopting an omni-channel marketing strategy impacted the following key areas: app stickiness, conversion rates, and onboarding rates. Key highlights include- 

Engagement: 

  • 23% uptick in engagement on Fintech platforms with email, push notifications and in-app messages.
  • 16% increase in engagement for Subscription platforms with email, while combining it with other channels can take it beyond  20% 
  • 13% elevated engagement in Gaming platforms with a combination of email, push-notifications, in-app messages and app inbox.

Conversion rates:

  • Up to 31% conversion rates in Fintech apps, where email, push notifications, and in-app messages are pivotal.
  • 16% uptick in conversions in Subscription apps from push notifications and in-app messages
  • 10% increase in conversion in the Gaming industry from push notifications and in-app messages.
  • 6% increase in conversions in Ecommerce as a result of a cross-channel strategy incorporating in-app, app inbox, email and push notifications.

App-stickiness: 

  • Over 28% increase for Fintech platforms with more than three channels. 
  • 30% to 70% increase stickiness in Subscription platforms, such as streaming platforms,or grocery shopping, with two to four channels. 
  • 32% increase in stickiness in Gaming platforms, with more than three channels.
  • 26% increase in stickiness in E-commerce platforms, with more than three channels.

Commenting on the report, Jacob Joseph, VP – Data Science, CleverTap said, “Many organizations often dive into customer engagement with a narrower focus, which, while important, can limit their effectiveness. Our latest report highlights the crucial need for a holistic approach to truly drive impactful results. By strategically utilizing a mix of channels, businesses can significantly enhance their engagement efforts. The findings demonstrate that a comprehensive, all-in-one MarTech stack is vital for marketers who must navigate the complexities of diverse channels. This approach not only addresses the numerous challenges but also amplifies overall engagement and effectiveness, ensuring that no customer touchpoint is overlooked and every interaction is optimized for success.”

For more information and insights on cross-channel marketing across the industry types, download the report here.

About CleverTap

CleverTap is the all-in-one engagement platform that helps brands unlock limitless customer lifetime value by helping them create personalized experiences to retain their most valuable customers. The platform empowers businesses to orchestrate experiences for individuals across their lifecycles and design personalized journeys that span a lifetime. It offers analytics that encompasses every aspect of the lifecycle, enabling businesses to measure and optimize each experience in real-time. Its unique AI capability is insightful, empathetic, and prescriptive, facilitating smarter and faster decisions. The all-in-one platform unifies experiences from every touchpoint, paving the way for a new era of customer engagement.

The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering both speed and economies of scale.

CleverTap is trusted by 2000 customers, including TiltingPoint, Gamebasics, MobilityWare, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa John’s, and Tesco.

Backed by leading investors such as Peak XV Partners, Tiger Global, Accel, CDPQ, and 360 One, the company is headquartered in San Francisco, California, with presence in New York, São Paulo, Bogota, Mexico City, London, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Delhi, Singapore, Jakarta, and Ho Chi Minh. 

For more information, visit clevertap.com or follow us on:
LinkedIn: https://www.linkedin.com/company/clevertap/ 
X: https://twitter.com/CleverTap 

Forward-Looking Statements

Some of the statements in this press release may represent CleverTap’s belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.

Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.

For more information:
SONY SHETTY
Director, Communications, CleverTap
+91 9820900036
sony@clevertap.com  

IPSHITA BALU
Consultant
Archetype
+91 9590111798
ipshita.balu@archetype.co 

USA Defeats France in the 2024 Paris Games Polo Challenge Presented by U.S. Polo Assn.

Historic Game to Broadcast Internationally on ESPN2, Sunday, August 11, at 10 a.m. ET

U.S. Polo Assn., the official brand of the United States Polo Association (USPA), and the Polo Club du Domaine Chantilly were proud to present the Paris Games Polo Challenge 2024, a tribute match between the USA and France on Wednesday, August 7. Defending its win from 100 years ago in 1924 Paris, the USA Team defeated France in a hard-fought game that ultimately ended in a score of 10-7.

USA Team
USA Team

The Paris Games Polo Challenge 2024 was a sanctioned tribute match between the USA and France, in partnership with the Federation of International Polo (FIP), the Federation Française de Polo (FFP), and the USPA. This historic match, which received unprecedented media coverage for its significance, was the centennial celebration and tribute to the last time France hosted the Olympics, exactly 100 years ago.

Fans around the world can capture the greatest moments from the memorable centennial match this Sunday, August 11, on ESPN2 at 10 a.m. ET.

The Game
On the pitch representing the United States were Quinn Evans (1), Hope Arellano (3), Nicolas “Nico” Escobar (5), and Cody Ellis (5), with USPA Polo Hall of Famer Julio Arellano as Coach and Luis Escobar as Assistant Coach. Representing France were Elena Venot (2), Dorian Bulteau (3), Julien Reynes (4), and Clément Delfosse (5), with Clément Delfosse as captain, alongside National Coach Matthieu Delfosse.

The Paris Games Polo Challenge came to a breathtaking conclusion, with the USA overtaking France in a score of 10 to 7, confirming the Team’s 100-year triumphant history. Clément Delfosse of France opened the scoring with a breakaway, and Quinn Evans of the USA quickly matched him in the first chukker. At the third chukker, the score was 5-5 before the USA took the lead in the fourth, with Nico Escobar catapulting the USA Team to win 10-7.

The USA Team received custom-designed gold medals with the Paris Games Polo Challenge logo, and the France Team received custom logo silver medals, as well as other gifts.

The MVP of the game was Escobar who scored nine goals for the USA Team, an award that was presented by J. Michael Prince, President and CEO, of USPA Global, the company that manages and oversees the global, multi-billion-dollar U.S. Polo Assn. brand, alongside Patrick Guerrand-Hermès, founder of the Polo Club du Chantilly and descendant of the Hermès luxury brand family. The Best Playing Pony Award was won by Amapola, a 12-year-old chestnut mare played by Escobar, which was presented by Stewart Armstrong, Chairman of the USPA.

In a rare sport where men and women play on the same international teams together, the Paris Games Polo Challenge featured 21-year-old Hope Arellano for the USA Team, who is currently the only U.S. women’s 10-goal handicap player and the winner of the ‘ultimate’ women’s tournament, the Women’s Argentine Open. Playing for the France Team was 7-goal player Elena Venot, who is a two-time winner of the female Open de France, a 2023 Polo Nations Cup winner, and a 2024 Polo Nations Cup finalist.

Equestrian events at the 2024 Paris Olympics are having a ‘moment,’ generating sell-out crowds at Versailles where the competitions have taken place. The excitement has grown around the world as Germany, Denmark, and Great Britain won Team Dressage Gold, Silver, and Bronze respectively; Great Britain, United States, and France medaled in Team Jumping; and Great Britain, France, and Japan took home Gold, Silver and Bronze in Team Eventing.

The Celebration
More than 2,000 fans attended this notable Olympic-inspired polo game, including Olympic Committee members, Olympic athletes, members of multiple equestrian federations, influencers, and celebrities. All rushed the field for the half-time divot stomp to help repair the field and to receive a complimentary glass of champagne and commemorative hat. Other highlights of the very special Olympic tribute day, beyond the obvious athleticism of the USA and France Teams, included a glamorous red-carpet entrance, as well as a VIP post-game party featuring a traditional Argentinian grilled asado meal and international specialty food in honor of both the USA and France.

The History
France was in fact seeking redemption at the 2024 Paris Games Polo Challenge for the VIII Olympiad which was held in Paris for the second time in the modern era. On June 28, 1924, in St. Cloud, France, before the official opening ceremony, the match between the United States and France took place. It ended with France losing 15-1. USA concluded the overall tournament with the silver medal, losing to Argentina, who remained unbeaten and took home Olympic gold. The last Olympics to include polo was held in 1936 in Berlin, Germany.

With the 2024 Summer Olympics taking place in Paris from July to August and equestrian events concluding on August 6 at Versailles, U.S. Polo Assn. invited sports fans to continue the equestrian celebration with polo, just 40 minutes outside Paris city center at the Polo Club du Domaine Chantilly. Chantilly is the home of the Great Stables of Prince de Conde and Chateau de Chantilly, and is, of course, the namesake of Chantilly lace, the famous silk laces that date back to 17th century France. The city also features Europe’s largest racehorse training centers, with 2,800 horses trained daily on grass and sand track facilities, as well as a racecourse that hosts the classic and renowned Prix de Diane.

“History has been made today with the support of so many, and the USPA is grateful for the opportunity to be part of such an incredible event and partnership with FIP and FFP,” said Stewart Armstrong, Chairman of the USPA. “This was a hard-fought game by both USA and France teams and though only one winner can ultimately prevail on behalf of the USPA, I congratulate both teams for their outstanding efforts today.”

The Brand
“The Paris Games Polo Challenge 2024 was a once-in-a-lifetime event with the USA and France Teams in a very special and historic competition that has brought the fast-paced sport of polo to sports fans in Chantilly, Paris, and around the world,” said Prince. “U.S. Polo Assn. was proud to partner with the prestigious Polo Club du Domaine Chantilly and to support bringing the FIP, FFP, and the USPA together for only the second time in 100 years.”

“U.S. Polo Assn. congratulates both the USA and France Teams for their incredible athleticism and commitment to the sport throughout this remarkable event,” he added.

As the Title and Apparel Sponsor, U.S. Polo Assn. provided apparel for the USA and France Teams with performance jerseys, practice jerseys, and an assortment of U.S. Polo Assn. custom-designed country apparel to wear off the field, featuring the global sports brand’s iconic double horsemen logo. Both Teams wore custom USPA Pro whites. U.S. Polo Assn. also provided saddle pads, as well as groom and staff outfitting for the Polo Club du Domaine Chantilly. VIP gifts for the event included limited edition Paris Games Polo Challenge 2024 caps, scarves, or pocket squares, as well as U.S. Polo Assn. branded duffle bags.

About U.S. Polo Assn. and USPA Global
U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country’s oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.

For more information, visit uspoloassnglobal.com and uspashop.com, and follow @uspoloassn.

USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.

About The Federation of International Polo
The Federation of International Polo (FIP) is the international federation representing the sport of polo, officially recognized by the International Olympic Committee. The FIP was founded in 1982 by representatives of eleven national polo associations, and it represents the national polo associations of more than 80 countries. Its principal aim is to enhance the international image and status of polo.

In addition to organizing international tournaments, the FIP develops international tournaments for children, conducts umpiring and coaching seminars, encourages participation in the sport at all levels and ages, and makes the international rules of polo through a cooperative agreement with the Asociación Argentina de Polo, the Hurlingham Polo Association of Great Britain and Ireland, and the United States Polo Association (USPA). Visit fippolo.com.

About the French Federation of Polo (FFP)

The Fédération Française de Polo (FFP) was created to make polo accessible to all, to promote the sport throughout France, and to support the common interests of its member clubs in every way possible. The FFP organizes national and international polo competitions and championships, sets the technical rules for competitions by harmonizing them with foreign rules, and organizes the training and teaching of the equestrian discipline. Today, the FFP has over 30 affiliated clubs and more than 800 players within its organization. For more information, please visit francepolo.com.

About the United States Polo Association®(USPA)
The United States Polo Association (USPA) was organized and exists for the purposes of promoting the game of polo, coordinating the activities of its Member Clubs and Registered Players, arranging and supervising polo tournaments, competitions, and games, and providing rules, handicaps, and conditions for those tournaments, competitions, and games including the safety and welfare of participants and mounts. Founded in 1890, the USPA is the national governing body for the sport of polo. The USPA is currently comprised of almost 200 member clubs with thousands of individual members and oversees 40 national tournaments. For more information, please visit uspolo.org.

Contact Information
Stacey Kovalsky, VP Global PR and Communications, skovalsky@uspagl.com, +001.561.790.8036
Shannon Stilson, VP, Sports Marketing & Media, sstilson@uspagl.com, +001.561.227.6994

Related Images

SOURCE: USPA Global Licensing Inc.