KUALA LUMPUR, Malaysia, July 25 (Bernama-BUSINESS WIRE) -- Multi-award-winning, leading technology solutions provider Fusionex was chosen as the Pinnacle Technology Partner for the biggest online sale in Malaysia – FPX #MYCYBERSALE 2019. Fusionex technology will help this sixth annual sale to take flight and fulfill its ambitions of boosting e-commerce regionally with a #MYCYBERSALE ASIA event.
This year’s sale is going beyond borders and targeting Asian economies including Taiwan, Thailand, Indonesia, and Singapore. With Taiwan joining as the first Regional Partner, a #MYCYBERSALE ASIA event will be held in Taiwan concurrently with the FPX #MYCYBERSALE 2019 event in Malaysia from September 27 to October 3.
FPX #MYCYBERSALE 2019 offers a wide variety of products that are up for grabs with exclusive deals that shoppers can only get during this sale. The event is organized by the National Technology Association of Malaysia (PIKOM) and supported by the Malaysia Digital Economy Corporation (MDEC). The event this year also includes Title Partner PayNet, operator of FPX, an online payments provider.
This year, #MYCYBERSALE forecasts revenue of RM500 million, with export revenue forecasted at RM80 million. In turn, it hopes to attract around 1,500 registered participants with at least 750 exporting to 40 overseas markets. The event is an initiative to catalyze the growth of the national e-commerce industry, increase domestic e-commerce revenue, and accelerate the adoption of e-commerce among merchants.
Fusionex Founder and Group CEO Dato’ Seri Ivan Teh said: “We are excited to be playing a part in making FPX #MYCYBERSALE 2019 and the first ever #MYCYBERSALE ASIA a great success. We hope merchants will leverage on this robust, flexible, and easy-to-use platform, to reach more customers and boost sales. The #MYCYBERSALE events, championed by PIKOM and supported by MDEC, will benefit businesses immensely, especially with today’s increase in competition and tech-savvy consumers. It is our hope that Fusionex’s technology platform, via #MYCYBERSALE will be a stepping stone for business to succeed in the e-commerce space.”
About Fusionex
Fusionex is an established multi-award winning data technology provider specializing in Analytics, Big Data, IR 4.0, Machine Learning, and Artificial Intelligence. Its offerings are focused on helping clients unlock value and derive insights from data. Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison and Huffington Post, Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs)) that spans across the United States, Europe as well as Asia Pacific. Fusionex is also an MDEC GAIN company as well as an MGS recipient.
Gartner’s 2018 report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been as identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.
http://mrem.bernama.com/viewsm.php?idm=35075
Friday, 26 July 2019
Thursday, 25 July 2019
OKEX DONATES $4.5 MILLION TO FOSTER PERPETUAL SWAP MARKET
VALLETTA, Malta, July 25 (Bernama-GLOBE NEWSWIRE) -- OKEx, a world-leading cryptocurrency exchange, has donated $4.5 million-worth of Bitcoin to its perpetual swap market insurance fund to foster customers’ confidence in trading cryptocurrencies.
Last year, OKEx introduced perpetual swap trading along with the new risk management system which their customers widely benefited from. Since the adoption of the new risk management system, the exchange has recorded zero clawback for the futures and perpetual swap markets, even under extreme volatility. The donation to the perpetual swap insurance fund will now provide an extra layer of protection to the customers, further ensuring that all customers’ interests are safeguarded.
“We strive for developing a healthy trading environment. No clawback has occurred on OKEx perpetual swap since its launch. We introduced a new risk management system to strike a better balance between avoiding early liquidation and maximizing traders’ benefits,” said Andy Cheung, Head of Operations of OKEx. “We believe the $4.5 million donation can give extra confidence for customers trading on our platform. Developing a robust crypto marketplace where everyone can trade freely in a fair manner is something that has always been our mission."
OKEx’s world-leading crypto marketplace serves millions of users globally, offering hedging and arbitrage instruments, such as futures and perpetual swaps, to help traders optimize their trading strategies. With a comprehensive security system, no major security issues, hacks, and asset losses have ever taken place on OKEx.
“Customer satisfaction is the core of our service. The key to delivering the best user experience to our customers is security,” added Andy Cheung. “Our founding members and executives are all tech and internet experts, allowing us to lead in product and technology development. As believers in Bitcoin and blockchain, we are dedicated to bringing more positive changes to the existing financial system, bridging the traditional and crypto markets with our technologies.”
Please stay tuned to OKEx’s Press Room and Twitter for latest updates.
About OKEx
OKEx is a world-leading digital asset exchange headquartered in Malta, offering comprehensive digital asset trading services including fiat-to-token trading, spot trading, futures trading, and perpetual swap trading to traders globally with blockchain technology. Currently, the exchange offers over 400 token and futures trading pairs enabling users to optimize their strategies.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44976272-2390-48f8-974a-3bd991292751
media@okex.com
Source: OKEx
--BERNAMA
Last year, OKEx introduced perpetual swap trading along with the new risk management system which their customers widely benefited from. Since the adoption of the new risk management system, the exchange has recorded zero clawback for the futures and perpetual swap markets, even under extreme volatility. The donation to the perpetual swap insurance fund will now provide an extra layer of protection to the customers, further ensuring that all customers’ interests are safeguarded.
“We strive for developing a healthy trading environment. No clawback has occurred on OKEx perpetual swap since its launch. We introduced a new risk management system to strike a better balance between avoiding early liquidation and maximizing traders’ benefits,” said Andy Cheung, Head of Operations of OKEx. “We believe the $4.5 million donation can give extra confidence for customers trading on our platform. Developing a robust crypto marketplace where everyone can trade freely in a fair manner is something that has always been our mission."
OKEx’s world-leading crypto marketplace serves millions of users globally, offering hedging and arbitrage instruments, such as futures and perpetual swaps, to help traders optimize their trading strategies. With a comprehensive security system, no major security issues, hacks, and asset losses have ever taken place on OKEx.
“Customer satisfaction is the core of our service. The key to delivering the best user experience to our customers is security,” added Andy Cheung. “Our founding members and executives are all tech and internet experts, allowing us to lead in product and technology development. As believers in Bitcoin and blockchain, we are dedicated to bringing more positive changes to the existing financial system, bridging the traditional and crypto markets with our technologies.”
Please stay tuned to OKEx’s Press Room and Twitter for latest updates.
About OKEx
OKEx is a world-leading digital asset exchange headquartered in Malta, offering comprehensive digital asset trading services including fiat-to-token trading, spot trading, futures trading, and perpetual swap trading to traders globally with blockchain technology. Currently, the exchange offers over 400 token and futures trading pairs enabling users to optimize their strategies.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/44976272-2390-48f8-974a-3bd991292751
media@okex.com
Source: OKEx
--BERNAMA
Come September, MRO Asia-Pacific and AeroEngines Asia-Pacific take off in Singapore
KUALA LUMPUR, July 25 (Bernama) -- The three-day MRO Asia-Pacific and AeroEngines Asia-Pacific, a conference and exhibition for the Maintenance Repair and Overhaul industry will be held, beginning Sept 24, at the Singapore Convention and Expo Centre.
Organised by Aviation Week Network, the event targets key decision makers, airline buyers and industry leaders with currently more than 5,000 registered attendees, according to a statement.
The event will offer peer-to-peer learning with case studies, proven methodologies and realistic approaches, as well as an open platform for OEMs, airlines, MROs, suppliers and buyers to build contacts and exchange ideas.
The conference portion will include separate tracks for MRO and AeroEngines, with both featuring industry leaders providing valuable insights on maintenance, engines, digital solutions, new technology and supply chain.
Among the event’s highlights include Comprehensive Forecast Analysis (panel discussion), Engine Aftermarket Analysis and Trends, New Wave of Digital Solutions and MRO Data Analytics for Intelligent Decision Making.
Aviation Week Network is the largest multimedia information and services provider for the global aviation, aerospace, and defence industries, serving 1.7 million professionals worldwide. For more information, contact https://mroasia.aviationweek.com.
-- BERNAMA
-- BERNAMA
Virgin Hyperloop One to build world´s longest hyperloop test track in Saudi Arabia
KUALA LUMPUR, July 23 (Bernama) -- Virgin Hyperloop One recently announced a development partnership with Saudi Arabia’s Economic City Authority (ECA) to conduct a study to build the world’s longest test and certification hyperloop track.
The world’s only hyperloop company to successfully test its hyperloop technology at scale will also build a research and development centre, as well as hyperloop manufacturing facility in north Jeddah.
The study will focus on the King Abdullah Economic City (KAEC), located 100km north of the Red Sea port of Jeddah.
The project will include a 35km test and certification track and create opportunities for the development of specific hyperloop technologies and develop local expertise in Saudi Arabia.
The study will also facilitate the development of localised hyperloop supply chains and acceleration of innovation clusters across the Kingdom.
Secretary-General, Mohanud A. Helal said: “Having hyperloop at KAEC is going to act as catalyst for a Saudi Silicon Valley effect and galvanise our software development, high technology research and manufacturing industries.”
Virgin Hyperloop One chief executive officer, Jay Walder said a hyperloop system could enable Saudi Arabia to become a global transportation powerhouse, nurture the nation’s innovation and entrepreneurial culture, and grow an innovative knowledge workforce.
The company’s technology features depressurised tubes that carry on-demand passenger or cargo ‘pods’ at speeds of up to 1,080km per hour.
With speeds three times faster than high-speed rail and on-demand, direct to destination experience, hyperloop technology can reduce journey time across Saudi Arabia.
-- BERNAMA
Wednesday, 24 July 2019
AMINVESTMENT WON TOP HONOURS AT THE ASSET TRIPLE A ISLAMIC FINANCE AWARDS 2019
KUALA LUMPUR, July 24 (Bernama) -- AmInvestment Bank Berhad (“AmInvestment Bank”) receives further recognition from The Asset as they won six awards at The Asset Triple A Islamic Finance Awards 2019. The awards were presented at the Four Seasons Hotel in Kuala Lumpur on Thursday, 4 July 2019.
The full list of awards won by AmInvestment Bank is as follows:
1. Best Islamic Loan Adviser
2. Best Structured Finance Sukuk
MBSB Bank Berhad’s RM2.295 billion structured covered Sukuk facility
Our roles: Joint Solicitation Agent, Joint Principal Adviser, Joint Lead Arranger and Joint Lead Manager
3. Best Government-Guaranteed Sukuk
Pengurusan Air SPV Bhd’s RM2.1 million Government-Guaranteed Sukuk issuance
Our role: Joint Lead Manager
4. Best Corporate Hybrid Sukuk
Yinson TMC Sdn Bhd’s RM950 million perpetual sukuk issuance
Our roles: Joint Principal Adviser, Joint Lead Arranger, Joint Lead Manager and Joint Shariah Adviser.
5. Best Local Currency Sukuk
Cagamas Berhad’s RM1.5 billion Sukuk issuance
Our role: Joint Lead Manager
6. Best Islamic Project Finance Deal
DanaInfra Nasional Berhad’s RM2.5 billion Government-Guaranteed Sukuk issuance
Our role: Joint Lead Manager
Commenting on the awards, Seohan Soo, Chief Executive Officer, AmInvestment Bank said,”We thank our clients for their continued trust in AmInvestment Bank and we share these awards with them. These awards will spur us on to continue delivering customised and innovative investment banking solutions for our clients.”
“We’re delighted to be recognised once again by The Asset with six accolades that celebrate our position as a leading investment organization and underline our investment expertise. These achievements demonstrate our continuous commitment to provide the best investment solutions to our corporate, sovereign and institutional clients,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.
About AmBank Group
AMMB Holdings Berhad is the holding company of AmBank Group and has been listed on the Main Market of Bursa Malaysia since 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM13.7 billion and assets of RM158.8 billion as at 31 March 2019.
AmBank Group is one of Malaysia’s premier financial solutions groups with over 43 years of experience in supporting Malaysians in their economic development. AmBank Group offers a wide range of both conventional and Islamic financial solutions and services, including wholesale banking, retail banking, investment banking, underwriting of general insurance, life assurance and takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.
The Australia and New Zealand Banking Group (ANZ) is the biggest shareholder in the AmBank Group with a 23.8% holding and provides support with Board, risk and financial governance, product offerings and new business developments. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (IAG). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc (MetLife). The Group benefits in terms of expertise transfer from IAG and MetLife.
For more information, please visit www.ambankgroup.com
The full list of awards won by AmInvestment Bank is as follows:
1. Best Islamic Loan Adviser
2. Best Structured Finance Sukuk
MBSB Bank Berhad’s RM2.295 billion structured covered Sukuk facility
Our roles: Joint Solicitation Agent, Joint Principal Adviser, Joint Lead Arranger and Joint Lead Manager
3. Best Government-Guaranteed Sukuk
Pengurusan Air SPV Bhd’s RM2.1 million Government-Guaranteed Sukuk issuance
Our role: Joint Lead Manager
4. Best Corporate Hybrid Sukuk
Yinson TMC Sdn Bhd’s RM950 million perpetual sukuk issuance
Our roles: Joint Principal Adviser, Joint Lead Arranger, Joint Lead Manager and Joint Shariah Adviser.
5. Best Local Currency Sukuk
Cagamas Berhad’s RM1.5 billion Sukuk issuance
Our role: Joint Lead Manager
6. Best Islamic Project Finance Deal
DanaInfra Nasional Berhad’s RM2.5 billion Government-Guaranteed Sukuk issuance
Our role: Joint Lead Manager
Commenting on the awards, Seohan Soo, Chief Executive Officer, AmInvestment Bank said,”We thank our clients for their continued trust in AmInvestment Bank and we share these awards with them. These awards will spur us on to continue delivering customised and innovative investment banking solutions for our clients.”
“We’re delighted to be recognised once again by The Asset with six accolades that celebrate our position as a leading investment organization and underline our investment expertise. These achievements demonstrate our continuous commitment to provide the best investment solutions to our corporate, sovereign and institutional clients,” said Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer, AmBank Group.
About AmBank Group
AMMB Holdings Berhad is the holding company of AmBank Group and has been listed on the Main Market of Bursa Malaysia since 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM13.7 billion and assets of RM158.8 billion as at 31 March 2019.
AmBank Group is one of Malaysia’s premier financial solutions groups with over 43 years of experience in supporting Malaysians in their economic development. AmBank Group offers a wide range of both conventional and Islamic financial solutions and services, including wholesale banking, retail banking, investment banking, underwriting of general insurance, life assurance and takaful, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.
The Australia and New Zealand Banking Group (ANZ) is the biggest shareholder in the AmBank Group with a 23.8% holding and provides support with Board, risk and financial governance, product offerings and new business developments. In the general insurance business, the Group has partnered with Insurance Australia Group Ltd (IAG). In the life assurance and family takaful businesses, the Group has a partnership with MetLife International Holdings Inc (MetLife). The Group benefits in terms of expertise transfer from IAG and MetLife.
For more information, please visit www.ambankgroup.com
THERAPYLINE, THE CULTURALLY SENSITIVE ONLINE THERAPY SERVICE FOR MUSLIMS LAUNCHES IN THE UNITED STATES TODAY
DETROIT, July 24 (Bernama-GLOBE NEWSWIRE) -- TherapyLine enters the United States market today to help bring online professional Therapy to the more than 3.4 million Muslims that currently live in the country. TherapyLine is an online platform which launched in Canada a few months back that provides unlimited anonymous direct messaging therapy from professionally licensed Muslim counselors. Users can go to the site, sign up, choose a therapist then pay a monthly fee of $179 per month to receive therapy for depression, anxiety, addiction, marriage counseling etc from a Muslim Counselor all month long by text via the TherapyLine website www.therapyline.org.
The United States is the first market TherapyLine enters outside of Canada and is a market that TherapyLine plans on expanding in quickly, “This is a very important market for us and although a majority of Muslims live in large metropolitan areas there are a good number of those that live in remote places where there are very little Muslims with little to no chance to be able to see a Muslim counselor,” says Founder and former fortune 500 financial analyst Faisal Khan.
Depression has been on the rise in the Muslim world over the past 10 years only to be exasperated by the 2016 elections in the US and rising xenophobia world wide. In 2016, 60% of Muslims reported some sort of discrimination based on religion which was more than every other religious group in the United States and data from Basit and Hamid shows that 43% of Muslims suffer from adjustment disorder which has lead many Muslims to seek some sort of mental support. Hotlines manned by Muslim volunteers throughout North America receive thousands of calls per year but many times are overwhelmed providing Mental Health for Muslims and Islamic Counseling which shows just how many Muslims are looking for help.
Although there are many who need help, there is also a reluctancy for Muslims to actually go and seek mental help due to the stigma attached to seeing a counselor. “Muslim Mental Health is something that is rarely addressed in the Muslim world and even considered taboo but is very important. Connecting with a Licensed Therapist who can relate to the unique circumstances, religious and cultural beliefs that only a Muslim can understand is a very important aspect of this service, that coupled with anonymity and you open up Therapy to many Muslims who would not have sought it before,” says Khan.
The first State TherapyLine will enter is Michigan than there are plans to expand to New York, Illinois and Minnesota.
Faisalkhan@therapyline.org
734 407 9626
www.therapyline.org
Source: Therapyline Technologies Inc.
--BERNAMA
The United States is the first market TherapyLine enters outside of Canada and is a market that TherapyLine plans on expanding in quickly, “This is a very important market for us and although a majority of Muslims live in large metropolitan areas there are a good number of those that live in remote places where there are very little Muslims with little to no chance to be able to see a Muslim counselor,” says Founder and former fortune 500 financial analyst Faisal Khan.
Depression has been on the rise in the Muslim world over the past 10 years only to be exasperated by the 2016 elections in the US and rising xenophobia world wide. In 2016, 60% of Muslims reported some sort of discrimination based on religion which was more than every other religious group in the United States and data from Basit and Hamid shows that 43% of Muslims suffer from adjustment disorder which has lead many Muslims to seek some sort of mental support. Hotlines manned by Muslim volunteers throughout North America receive thousands of calls per year but many times are overwhelmed providing Mental Health for Muslims and Islamic Counseling which shows just how many Muslims are looking for help.
Although there are many who need help, there is also a reluctancy for Muslims to actually go and seek mental help due to the stigma attached to seeing a counselor. “Muslim Mental Health is something that is rarely addressed in the Muslim world and even considered taboo but is very important. Connecting with a Licensed Therapist who can relate to the unique circumstances, religious and cultural beliefs that only a Muslim can understand is a very important aspect of this service, that coupled with anonymity and you open up Therapy to many Muslims who would not have sought it before,” says Khan.
The first State TherapyLine will enter is Michigan than there are plans to expand to New York, Illinois and Minnesota.
Faisalkhan@therapyline.org
734 407 9626
www.therapyline.org
Source: Therapyline Technologies Inc.
--BERNAMA
ALIBABA.COM OPENS PLATFORM TO EMPOWER U.S. SMALL BUSINESSES TO SELL TO THE WORLD
Leading Global B2B Ecommerce Platform Introducing New Seller Enablement Functions, Including U.S.-to-U.S. Transactions, New Ecosystem Participants, and a Nationwide Tour of “Build Up” Events to Help Small Businesses Go Live
NEW YORK, July 24 (Bernama-BUSINESS WIRE) -- Alibaba.com, one of the world’s largest B2B ecommerce marketplaces and a business unit of Alibaba Group (NYSE: BABA), today opened its platform to empower U.S. businesses to sell their products to millions of Alibaba.com buyers in the U.S. and around the globe. Now, the nearly 30 million Small and Medium-sized Businesses (SMBs) in the U.S.– especially manufacturers, wholesalers and distributors – can better access the $23.9 trillion global B2B ecommerce market, an opportunity that is six times larger than the global B2C ecommerce market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190723005345/en/
The company is also unveiling an enhanced ecosystem of participants. These include anchor sellers and B2B service providers who share Alibaba.com’s mission to make it easier for SMBs to do business.
To help U.S. SMBs successfully access the $23.9 trillion B2B ecommerce opportunity, Alibaba.com is also co-producing a series of “Build Up” workshops and webinars with local chambers of commerce and B2B organizations across the country, including SCORE, one of the nation’s largest non-profit network of volunteer, expert business mentors.
“Alibaba aims to empower entrepreneurs and help them succeed on their own terms,” said John Caplan, Head of North America B2B at Alibaba Group. “With 10 million active business buyers in over 190 countries and regions, we are reshaping B2B commerce by providing the tools and services needed for U.S. SMB companies to compete and succeed in today’s global marketplace.”
KEY NEW PLATFORM ENHANCEMENTS
Alibaba.com has added key features that enable U.S. SMBs to do business locally (U.S.-to-U.S.) and globally:
NEW YORK, July 24 (Bernama-BUSINESS WIRE) -- Alibaba.com, one of the world’s largest B2B ecommerce marketplaces and a business unit of Alibaba Group (NYSE: BABA), today opened its platform to empower U.S. businesses to sell their products to millions of Alibaba.com buyers in the U.S. and around the globe. Now, the nearly 30 million Small and Medium-sized Businesses (SMBs) in the U.S.– especially manufacturers, wholesalers and distributors – can better access the $23.9 trillion global B2B ecommerce market, an opportunity that is six times larger than the global B2C ecommerce market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190723005345/en/
The company is also unveiling an enhanced ecosystem of participants. These include anchor sellers and B2B service providers who share Alibaba.com’s mission to make it easier for SMBs to do business.
To help U.S. SMBs successfully access the $23.9 trillion B2B ecommerce opportunity, Alibaba.com is also co-producing a series of “Build Up” workshops and webinars with local chambers of commerce and B2B organizations across the country, including SCORE, one of the nation’s largest non-profit network of volunteer, expert business mentors.
“Alibaba aims to empower entrepreneurs and help them succeed on their own terms,” said John Caplan, Head of North America B2B at Alibaba Group. “With 10 million active business buyers in over 190 countries and regions, we are reshaping B2B commerce by providing the tools and services needed for U.S. SMB companies to compete and succeed in today’s global marketplace.”
KEY NEW PLATFORM ENHANCEMENTS
Alibaba.com has added key features that enable U.S. SMBs to do business locally (U.S.-to-U.S.) and globally:
* On-platform payment will be available for transactions within the U.S – except in New York and Nevada, beginning on July 25 2019.
“We recognized the opportunity to expedite global growth through Alibaba.com early on,” said Evan Gettinger, Co-Founder of Gett Clean, a U.S.- based professional cleaning products manufacturer who has seen a significant uptick in inquiries about its products on the platform. “With the new combination of platform tools available and the addition of major, name-brand sellers, we expect a faster path to our growth targets.”
ALIBABA.COM BUILDS ITS U.S. B2B ECOSYSTEM WITH NEW PARTICIPANTS
Alibaba.com is bringing on a number of brands and organizations that share a passion for supporting SMBs, including major U.S. businesses and service providers.
In March, Alibaba.com announced a strategic collaboration with Office Depot, and today Robinson Fresh, a division of C.H. Robinson, is joining the platform. Both are committed as “Anchor Sellers” to provide extensive product catalogs to meet the expanding interests of the platform’s huge audience of buyers. The participation of Anchor Sellers is intended to bring significant benefits, including generating new buyer interest that occurs when product selection expands.
“We’re proud to expand our strategic collaboration with Alibaba.com,” said Gerry Smith, chief executive officer for Office Depot, Inc. “By becoming an anchor seller, we can reach a larger small business audience and provide them with the products and services they need to compete on a global scale.” Additionally, Alibaba.com customers will now have access to member-exclusive offers, discounts and premium content from an expanding ecosystem of leading business service providers including:
● 71lbs
● BigCommerce
● Indeed
● ShipStation (NASDAQ: STMP)
● Skuvault
● TeamViewer
● Wellbots
● Xometry
NATIONAL TOUR OF LOCAL “BUILD UP” EVENTS TO SUPPORT SMB GROWTH
The first in-person Alibaba.com Build Up event will be held today in Brooklyn at Industry City – a community of innovative industrial and manufacturing businesses – along with co-hosts, the Brooklyn Chamber of Commerce and Industry City. Each Build Up event will provide attendees an in-depth workshop, the opportunity for one-on-one training and consultation from Alibaba.com experts as well as exclusive discounts, incentives, and support from the ecosystem of brands and organizations.
The Brooklyn Build Up will be closely followed by events in Los Angeles on July 26 with the Los Angeles Chamber of Commerce at California Market Center and Chicago on July 30 with the Illinois Chamber of Commerce at M Hub. Additional Build Ups around the country are planned throughout the year with support from local and national business organizations, including local SCORE chapters, Food Export USA – Northeast, and Food Export Association of the Midwest USA. In addition, Alibaba.com is co-producing digital Build Up content with SCORE.
“Small businesses are the engine of the U.S. economy, but they face challenges,” said Ken Yancey, CEO of SCORE. “SCORE and our network of mentors is excited about helping U.S. businesses learn about the huge opportunity in ecommerce at these physical and virtual Build Up workshops available to communities across the U.S.”
To learn more about the enhanced Alibaba.com platform, new collaborators or to register for a Build Up workshop near you, please visit Alibaba.com/BuildUp.
About Alibaba.com
The first business unit of Alibaba Group, Alibaba.com is a leading platform for global B2B e-commerce that aims to make it easy to do business anywhere. Launched in 1999, Alibaba.com is engaged in services covering all aspects of commerce, including providing businesses with tools that help reach a global audience for their products and helping buyers discover products, find suppliers, and place orders online fast and efficiently. It serves millions of buyers and suppliers from over 190 countries and regions around the world.
About Alibaba Group
Alibaba Group’s (NYSE: BABA) mission is to make it easy to do business anywhere and the company aims to achieve sustainable growth for 102 years.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190723005345/en/
Contact
Media Contacts
Alibaba Group
Brion Tingler
brion.tingler@alibaba-inc.com
Alibaba Group
Roger Zhang
roger.zhang@alibaba-inc.com
Source : Alibaba.com
--BERNAMA
“We recognized the opportunity to expedite global growth through Alibaba.com early on,” said Evan Gettinger, Co-Founder of Gett Clean, a U.S.- based professional cleaning products manufacturer who has seen a significant uptick in inquiries about its products on the platform. “With the new combination of platform tools available and the addition of major, name-brand sellers, we expect a faster path to our growth targets.”
ALIBABA.COM BUILDS ITS U.S. B2B ECOSYSTEM WITH NEW PARTICIPANTS
Alibaba.com is bringing on a number of brands and organizations that share a passion for supporting SMBs, including major U.S. businesses and service providers.
In March, Alibaba.com announced a strategic collaboration with Office Depot, and today Robinson Fresh, a division of C.H. Robinson, is joining the platform. Both are committed as “Anchor Sellers” to provide extensive product catalogs to meet the expanding interests of the platform’s huge audience of buyers. The participation of Anchor Sellers is intended to bring significant benefits, including generating new buyer interest that occurs when product selection expands.
“We’re proud to expand our strategic collaboration with Alibaba.com,” said Gerry Smith, chief executive officer for Office Depot, Inc. “By becoming an anchor seller, we can reach a larger small business audience and provide them with the products and services they need to compete on a global scale.” Additionally, Alibaba.com customers will now have access to member-exclusive offers, discounts and premium content from an expanding ecosystem of leading business service providers including:
● 71lbs
● BigCommerce
● Indeed
● ShipStation (NASDAQ: STMP)
● Skuvault
● TeamViewer
● Wellbots
● Xometry
NATIONAL TOUR OF LOCAL “BUILD UP” EVENTS TO SUPPORT SMB GROWTH
The first in-person Alibaba.com Build Up event will be held today in Brooklyn at Industry City – a community of innovative industrial and manufacturing businesses – along with co-hosts, the Brooklyn Chamber of Commerce and Industry City. Each Build Up event will provide attendees an in-depth workshop, the opportunity for one-on-one training and consultation from Alibaba.com experts as well as exclusive discounts, incentives, and support from the ecosystem of brands and organizations.
The Brooklyn Build Up will be closely followed by events in Los Angeles on July 26 with the Los Angeles Chamber of Commerce at California Market Center and Chicago on July 30 with the Illinois Chamber of Commerce at M Hub. Additional Build Ups around the country are planned throughout the year with support from local and national business organizations, including local SCORE chapters, Food Export USA – Northeast, and Food Export Association of the Midwest USA. In addition, Alibaba.com is co-producing digital Build Up content with SCORE.
“Small businesses are the engine of the U.S. economy, but they face challenges,” said Ken Yancey, CEO of SCORE. “SCORE and our network of mentors is excited about helping U.S. businesses learn about the huge opportunity in ecommerce at these physical and virtual Build Up workshops available to communities across the U.S.”
To learn more about the enhanced Alibaba.com platform, new collaborators or to register for a Build Up workshop near you, please visit Alibaba.com/BuildUp.
About Alibaba.com
The first business unit of Alibaba Group, Alibaba.com is a leading platform for global B2B e-commerce that aims to make it easy to do business anywhere. Launched in 1999, Alibaba.com is engaged in services covering all aspects of commerce, including providing businesses with tools that help reach a global audience for their products and helping buyers discover products, find suppliers, and place orders online fast and efficiently. It serves millions of buyers and suppliers from over 190 countries and regions around the world.
About Alibaba Group
Alibaba Group’s (NYSE: BABA) mission is to make it easy to do business anywhere and the company aims to achieve sustainable growth for 102 years.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190723005345/en/
Contact
Media Contacts
Alibaba Group
Brion Tingler
brion.tingler@alibaba-inc.com
Alibaba Group
Roger Zhang
roger.zhang@alibaba-inc.com
Source : Alibaba.com
--BERNAMA
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