India to overtake China as world’s largest LPG residential market by 2030
IBA launches new guidebook on doing business in Asia Pacific
China Exports Hit $237.6bn Value in July, a 7.2% Jump Year-on-year
VisiConsult earns the Grand Prize for Medium-Sized Enterprises in Germany
CE China 2019: How to implement successful e-commerce strategies?
BITBOX Launches Rewards Festival
DECENT Updates Wallet Ecosystem, Reduces Transaction Fees by 80%
Austria’s First 100% Transparent Charity Project Token4Hope Holds First Public Event After Helping More Than 45 Households
China-Korea Yantai Industrial Complex Press Conference
Swiss Companies DECENT & bardicredit Announce Plans to Launch the First EU-approved Tokenized Investment Fund
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Citi Initiate BGBS with a Buy Rating and Target Price of HK$0.4
Citi issued a research report on Beijing Gas Blue Sky Holdings Limited ("the Company" or "Beijing Gas Blue Sky", together with its subsidiaries, the "Group", HKSE stock code: 6828) today, initiate it with a Buy rating and target price of HK$0.4. Citi expects BGBS to complete at least five acquisitions in 2019-20E and will gain superior profit growth in expansion. It expects that, BGBS EPS will grow at 60% CAGR in 2018-20E, driven by profit contribution from its 29% owned Caofeidian LNG terminal, and gas sales volume growing at 145% 2018-20E CAGR. With strong support from Beijing Gas Group, largest shareholder of BGBS, Citi expects more quality asset injections will happen in the future. It also expects that, Beijing Gas Group will consolidate BGBS as a subsidiary so that BGBS could obtain better financing terms with SOE connections. The report stated that, the recent share price volatility looks unrelated to its fundamentals. It is optimistic with BGBS's future development and expects the Company to issue a positive alert.
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Alibaba Group Announces Executive Chairman Succession Plan
Alibaba Group Holding Limited (NYSE: BABA) today announced that one year from today, September 10, 2019, chief executive officer Daniel Zhang will succeed Jack Ma as chairman of the board of Alibaba Group. Mr. Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition of the chairmanship to Mr. Zhang. Mr. Ma will complete his current term as a member of Alibaba Group’s board of directors until its annual general meeting of shareholders in 2020. Mr. Ma is a lifetime partner in the Alibaba Partnership and is a member of its partnership committee. The Alibaba Partnership is currently comprised of 36 partners who are also members of senior management of Alibaba Group or its affiliates. Pursuant to the articles of association of Alibaba Group, the Alibaba Partnership has the right to nominate a majority of the directors to the board of the company. Mr. Ma issued a letter to Alibaba’s customers, employees and shareholders, which is attached to this release. ... Letter from Jack Ma, founder and executive chairman of Alibaba Group Dear Alibaba customers, Aliren, and shareholders, Today, as we mark the 19th anniversary of Alibaba, I am excited to share some news with you: with the approval of our board of directors, one year from today on September 10, 2019 which also falls on Alibaba’s 20th anniversary, Group CEO Daniel Zhang will succeed me as chairman of the board of Alibaba Group. While remaining as executive chairman in the next 12 months, I will work closely with Daniel to ensure a smooth and successful transition. Thereafter, I will stay on the Alibaba board of directors until our annual shareholders meeting in 2020. I have put a lot of thought and preparation into this succession plan for ten years. I am delighted to announce the plan today thanks to the support of the Alibaba Partnership and our board of directors. I also want to offer special thanks to all Alibaba colleagues and your families, because your trust, support and our joint enterprise over the past 19 years have prepared us for this day with confidence and strength. This transition demonstrates that Alibaba has stepped up to the next level of corporate governance from a company that relies on individuals, to one built on systems of organizational excellence and a culture of talent development. When Alibaba was founded in 1999, our goal was to build a company that could make China and the world proud and one that could cross three centuries to last 102 years. However, we all knew that no one could stay with the company for 102 years. A sustainable Alibaba would have to be built on sound governance, culture-centric philosophy, and consistency in developing talent. No company can rely solely on its founders. Of all people, I should know that. Because of physical limits on one’s ability and energy, no one can shoulder the responsibilities of chairman and CEO forever. We asked ourselves this question 10 years ago – how could Alibaba achieve sustainable growth after Jack Ma leaves the company? We believed the only way to solve the problem of corporate leadership succession was to develop a system of governance based on a unique culture and mechanisms for developing consistent talent and successors. For the last 10 years, we kept working on these ingredients. Having been trained as a teacher, I feel extremely proud of what I have achieved. Teachers always want their students to exceed them, so the responsible thing to do for me and the company to do is to let younger, more talented people take over in leadership roles so that they inherit our mission “to make it easy to do business anywhere.” Carrying out this mission in order to help small businesses, young people and women around the world is my passion. This is not only our intent from day one but I feel blessed to have this opportunity. To realize the dream behind this mission requires participation by a lot more people than just Jack Ma and persistent effort by generations of Aliren. Alibaba is amazing not because of our business or scale or accomplishments. The best thing about Alibaba is that we come together under a common mission and vision. Our partnership system, unique culture and talented team have laid a strong foundation for the legacy of our company. In fact, since I handed over the CEO’s responsibilities in 2013, the company has run smoothly for five years on the back of these institutional ingredients. The partnership system we developed is a creative solution to good governance and sustainability, as it overcomes several challenges faced by companies of scale: continuous innovation, leadership succession, accountability and cultural continuity. Over the years, in iterating our management model, we have experimented with and improved on the right balance between systems and individuals. Simply relying on individuals or blindly following a system will not solve our problems. To achieve long-term sustainable growth, you need the right balance among system, people and culture. I have full confidence that our partnership system and efforts to safeguard our culture will in time win over the love and support from customers, employees and shareholders. Since the founding of the company in 1999, we have been of the view that Alibaba’s future will need to depend on “droves of talent” to enable us to iterate on our management succession plans. After years of hard work, today’s Alibaba has a world-class talent pool in quality and quantity. The teacher in me feels extremely proud of our team, our leadership and our unique mission-driven culture, as well as the fact that we continue to develop exceptional business leaders and professional talent like Daniel Zhang. Daniel has been with Alibaba Group for 11 years. Since he took over as CEO, he has demonstrated his superb talent, business acumen and determined leadership. Under his stewardship, Alibaba has seen consistent and sustainable growth for 13 consecutive quarters. His analytical mind is unparalleled, he holds dear our mission and vision, he embraces responsibility with passion, and he has the guts to innovate and test creative business models. Deservedly, China’s business news media has named him the No.1 CEO in 2018. For these reasons, he and his team have won the trust and support of customers, employees and shareholders. Starting the process of passing the Alibaba torch to Daniel and his team is the right decision at the right time, because I know from working with them that they are ready, and I have complete confidence in our next generation of leaders. As for myself, I still have lots of dreams to pursue. Those who know me know that I do not like to sit idle. I plan on continuing my role as the founding partner in the Alibaba Partnership and contribute to the work of the partnership. I also want to return to education, which excites me with so much blessing because this is what I love to do. The world is big, and I am still young, so I want to try new things – because what if new dreams can be realized?! The one thing I can promise everyone is this: Alibaba was never about Jack Ma, but Jack Ma will forever belong to Alibaba. Jack Ma September 10, 2018
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PChome Hosts First Investor Day of 2018 to Unveil New Management Team and Strategic Initiatives
PChome Online Inc., the largest ecommerce group in Taiwan and pioneer in 24-hour guaranteed delivery, held its first annual Investor Day on Monday, March 5 to highlight the company's focus on investment in artificial intelligence, open infrastructure, and mobile transactions. Joining Chairman Hung-Tze Jan to execute these new strategies are Yun Su, General Manager of PChomeStore, Kevin Tsai, General Manager of PChome Online, Vicky Tseng, General Manager of PChome eBay Co., and Eric Chung, General Manager of PChome Interpay. PChome's new management team at PChome's 2018 Investor Day. From left to right: Kevin Tsai, GENERAL MANAGER, PChome Online, Vicky Tseng, GENERAL MANAGER,PChome eBay Co., Hung-Tze Jan, CHAIRMAN,PChome Online, Yun Su, GENERAL MANAGER, PChomeStore, and Eric Chung, GENERAL MANAGER, PChome InterPay. Last year was filled with many achievements for PChome Online Group. Each selling channels demonstrated impressive growth in the following areas: Consolidated revenue from all channels reached NT$29.4 billion. B2C platform (include PChome24h Shopping), achieved double-digit performance for 10 consecutive months of growth. The 3C and appliance sales on this platform soared, with performance rising 23% in 2017, beyond the other online and physical channels' 6.2% and -1.7%. Ruten Auction reached more than 2 million sellers with NT$275.2 billion gross merchandise volume in 2017. PChome Stores, the B2B2C platform, counted 70,000 total vendors in 2017 compared to 24,000 vendors the previous year. This 192 percent YoY growth was possible due to the discontinuation of the shop set-up fee in 2016. In January 2017, PChome introduced Taiwan's largest mobile marketplace called Personal Store that allows consumers to shop on their smartphone for over 200 million products and pick up purchases in convenience stores as a direct competitive response to both big and small ecommerce players alike. Building upon the successes of 2017, PChome Online Group will continue to make each platform stronger individually as well as collectively building revenue opportunities in the upcoming year. To begin with, PChome Online Group will utilize a combination of big data and artificial intelligence to power its first core business model in 2018. For example, PChome's Ruten C2C marketplace has access to huge amounts of demographic data that can be sold to sellers and advertisers on the platform as eMarketing tools. Each transaction provides access to data such as age, location, gender, payment type, age group, etc. This data can also help create smarter chat bots, and personalize the shopping experience of consumers. To further expand on this, PChome will provide users with the option of an overall membership which will provide convenience to customers and allow the company to combine the data of every PChome platform (containing over 10 million active members) to provide a huge data pool and revenue stream. The second focus strategy PChome plans to roll out in 2018 is opening up its infrastructure to all players in the ecommerce ecosystem. The order system, applications, logistics, and payment options that PChome has spent nearly two decades building will be available for use on social media platforms, other external websites, and more. Finally, PChome will bolster its mobile commerce efforts to further its share of the growing m-commerce market in Asia-Pacific. According to the eMarketer Asia-Pacific Retail and Ecommerce Sales 2017 Report, Mcommerce sales in Asia-Pacific totaled USD $1.027 trillion in 2017 accounting for 76.1% of ecommerce sales. As of January 2018, PChome's personal store added 100 million new products in a year, and was up to 10 million convenience store pickup deliveries and NT$4 billion turnover in a single month. Additionally, the Ruten platform receives 47 percent of total orders from mobile devices and 51 percent of total traffic to the marketplace is mobile. PChome is dedicated to further expansion in the m-commerce space in 2018.
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Comviva’s mobiquity Money crosses 100 Million Mobile Money Customers
Comviva, the global leader in mobility solutions today announced that its flagship mobile money product, “mobiquity® Money”, has crossed the 100 million registered customers mark across 60 deployments in 45 countries. Moreover, the product processes 3.6 billion mobile money transactions, valuing over $60 billion annually. On the occasion of completing a decade of mobiquity® Money, the company also unveiled a coffee table book, chronicling the role the product has played in empowering customers and societies globally. The coffee table book provides a selection of human interest stories from mobile money deployments in Asia, Africa, Middle East and Latin America. The book was unveiled by Marc Rennard, Deputy Chief Executive Officer, Customer Experience and Mobile Banking, Orange Group at the Mobile World Congress, Barcelona. Speaking at the launch, Manoranjan Mohapatra, Chief Executive Officer, Comviva said, “When the history of mobile payments is written, it will be worth recognizing the efforts of the many who overcame multiple challenges, in terms of regulators, the merchant network, banks, consumer trust and behavior, to bring in over 300 million unbanked customers into the financial inclusion fold. In the years to come, as people access all kinds of financial services, it is likely that this group would have played an important part. On the occasion of ten years of transforming lives through mobiquity® Money, I would like to take the opportunity to congratulate our partners who have been with us through this journey.” Unveiling the coffee table book Marc Rennard, Deputy Chief Executive Officer, Customer Experience and Mobile Banking, Orange Group said: “Mobile money is a tremendous tool that improves the welfare of people in underbanked economies, and that can complement banking offers elsewhere in the world. Orange Money and other mobile money services are constantly breaking new grounds in fields as diverse as financial inclusion, women’s health, migrant’s welfare, access to energy, development of small businesses and the progressive building of a cash-light economy. I am delighted to launch this coffee table book that contains a selection of life transforming stories from mobile money deployments across the world.” mobiquity® Money enables a host of mobile money services that has transformed millions of lives across the globe by changing the way money is used, saved and distributed. For example, the facility to transfer and store money digitally on the mobile phone is very handy during emergencies. In Mali, it has helped in the socio-economic empowerment of women by bundling pre-natal care with savings and insurance. In Tanzania, it is allowing non-smartphone users to tap and pay at merchants using an NFC card linked to their mobile money account. In famine and drought hit areas of Africa, it is streamlining financial aid to the needy by streamlining donations. Similarly, mobiquity® Money, in Zimbabwe, is powering remittance services, making it easier for the diaspora to send money to their families.
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Comviva’s mobiquity Money crosses 100 Million Mobile Money Customers
Comviva, the global leader in mobility solutions today announced that its flagship mobile money product, “mobiquity® Money”, has crossed the 100 million registered customers mark across 60 deployments in 45 countries. Moreover, the product processes 3.6 billion mobile money transactions, valuing over $60 billion annually. On the occasion of completing a decade of mobiquity® Money, the company also unveiled a coffee table book, chronicling the role the product has played in empowering customers and societies globally. The coffee table book provides a selection of human interest stories from mobile money deployments in Asia, Africa, Middle East and Latin America. The book was unveiled by Marc Rennard, Deputy Chief Executive Officer, Customer Experience and Mobile Banking, Orange Group at the Mobile World Congress, Barcelona. Speaking at the launch, Manoranjan Mohapatra, Chief Executive Officer, Comviva said, “When the history of mobile payments is written, it will be worth recognizing the efforts of the many who overcame multiple challenges, in terms of regulators, the merchant network, banks, consumer trust and behavior, to bring in over 300 million unbanked customers into the financial inclusion fold. In the years to come, as people access all kinds of financial services, it is likely that this group would have played an important part. On the occasion of ten years of transforming lives through mobiquity® Money, I would like to take the opportunity to congratulate our partners who have been with us through this journey.” Unveiling the coffee table book Marc Rennard, Deputy Chief Executive Officer, Customer Experience and Mobile Banking, Orange Group said: “Mobile money is a tremendous tool that improves the welfare of people in underbanked economies, and that can complement banking offers elsewhere in the world. Orange Money and other mobile money services are constantly breaking new grounds in fields as diverse as financial inclusion, women’s health, migrant’s welfare, access to energy, development of small businesses and the progressive building of a cash-light economy. I am delighted to launch this coffee table book that contains a selection of life transforming stories from mobile money deployments across the world.” mobiquity® Money enables a host of mobile money services that has transformed millions of lives across the globe by changing the way money is used, saved and distributed. For example, the facility to transfer and store money digitally on the mobile phone is very handy during emergencies. In Mali, it has helped in the socio-economic empowerment of women by bundling pre-natal care with savings and insurance. In Tanzania, it is allowing non-smartphone users to tap and pay at merchants using an NFC card linked to their mobile money account. In famine and drought hit areas of Africa, it is streamlining financial aid to the needy by streamlining donations. Similarly, mobiquity® Money, in Zimbabwe, is powering remittance services, making it easier for the diaspora to send money to their families.
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SpherePay, Singapore FinTech Company Open Its Cryptocurrency ICO Today, Releasing 4 billion SAY Tokens For Sale
Singapore homegrown mobile payment app company SpherePay officially opens its Initial Coin Offering (ICO) or also known as Initial Token Sale today. Earlier this month, SpherePay announced that it will launch a total of 10 Billion SAY token, of which, 40% will be distributed for sale via ICO. According to their spokesperson, on the day of the announcement of its introduction of SAY, the official token for SpherePay' s cryptocurrency, the company has already received many inquiries from interested buyers from all over the world, from Japan to the United States and many more parts of the globe. "During our pre-sale period, we received many inquiries and show of interest through our Telegram Community Group, Facebook Messages and Emails. We are responding to all inquiries as fast as possible. We will increase the number of our service team immediately to better respond to all inquiries." Said Mr Joseph Chen, CEO of SpherePay. In recent years, the fintech industry have seen a booming growth in the number of cryptocurrencies launched and ICOs happening. SpherePay aims to be in a different ballgame altogether. Their company mission is to revolutionize the entire global peer-to-peer trading ecosystem by being the first in the world to link virtual currency assets to real life via a decentralized sharing economy. This meant that SpherePay's users can utilise their cryptocurrency SAY and others to make actual purchases via the mobile app. "One of objective of us introducing SAY is to solve a problem which has been around for quite some time, it is to transact cryptocurrency in real life. By having SAY on our mobile wallet app SpherePay, we allow users to use our SAY cryptocurrency and other cryptocurrencies to purchase any item in real life via our app. We will soon share with the public how this can be done, via our app. We plan a full "up and running" completion of this integration project by beginning of March, so its not that long from now. Public however can get the SAY token starting from today" Continued the CEO. Starting from today, interested buyers and investors can purchase SAY via exchanging Ethereum (ETH) tokens to SAY tokens on cryptocurrency digital wallet such as MyEtherWallet, ImToken or other wallets which are ERC20 compatible. Buyers and investors are advised not to use any other exchanges to transfer the ETH, only transfers via the digital wallets will be accepted. The current exchange rate of ETH to SAY is 1 ETH to 80,000 SAY and minimum contribution is 0.5 ETH with no personal cap. 50% of SAY purchased in this ICO will have a lock in period until 5th April 2018. The SoftCap for this ICO will be 2 Billion SAY and the ICO will end once it reaches their HardCap. Interested buyers who are not familiar with purchasing cryptocurrencies or have further questions can join the company's official Telegram Community Group at @SAYOfficial. All questions will be answered by the SAYOfficial admin. Alternatively, public could also visit the website at say.spherepay.com to find out more information about SAY token.
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JD.com and Fung Retailing Form Artificial Intelligence Partnership
Fung Retailing Limited, with a network of over 3,000 stores, and JD.com (Nasdaq: JD, JD.com or JD.COM), China's largest retailer, today announced a partnership to develop AI-driven retail solutions. According to the agreement signed today, the two companies will cooperate in using AI to transform the retail landscape, and to collaborate in areas including AI platform development and the application of AI to smart retail. The agreement calls for the establishment of an AI Boundaryless Retail Center that will oversee and manage cooperative research and development projects, and facilitate the sharing of information and expertise relating to AI technology. Leveraging AI, and combining JD.com's extensive online expertise and Fung Retailing's offline expertise, the two companies aim to develop a new retail format for China and Asia. This includes creating an AI-driven retail system that seamlessly integrates online and offline retail platforms; developing an end-to-end system that enables the management of products, pricing, storage, order and payment; and enhancing consumer experience through solutions such as AI-driven virtual fitting, unmanned stores and smart shopping assistants. Speaking at the signing, Sabrina Fung, Group Managing Director of Fung Retailing Limited said, "When it comes to the future of retail, and driving the customer experience, AI is an essential component. Across our retail portfolio, AI is a focal point and this co-operation with JD will, without doubt, accelerate our progress." Bowen Zhou, Vice President of JD.com and Head of JD's AI Platform and Research said, "As one of the largest retailers in the world, we believe that figuring out how to deploy AI solutions is critical to our future success. Drawing on Fung Retailing's global offline retail expertise, this partnership will be important for us as we deliver our retail vision." Other areas of focus within the agreement include cooperation on the construction of AI infrastructure, as well as smart retail, creating AI-driven solutions that break down the barriers between online and offline, and exploring the intersection of AI and fashion.
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SpherePay, Set To Launch Its Own Cryptocurrency called SAY In Partnership With ODYSSEY (OCN)
South East Asian leading mobile payment platform SpherePay is set to launch its own cryptocurrency in the coming few months. The Singapore founded, and homegrown company will introduce the world's first shared economy blockchain platform in working partnership with ODYSSEY (OCN). This sets another astonishing milestone for a Singapore based company to introduce a new technology on the global scale. Having earlier announced its biggest partnership with oBike that saw the company acquiring over 5 million users in South East Asia, SpherePay has up its game by venturing into the cryptocurrency arena. Within a week of its previous funding round, SpherePay has secured yet another strategic investment from ODYSSEY (OCN), a sharing economy blockchain project initiated by the founding members of Obike. ODYSSEY (OCN) is also the only provider in the shared economy of blockchain project in South East Asia for cryptocurrency transactions. The investment amount was not disclosed. According to SpherePay's development plan, the company will officially open the encrypted currency wallet and QR code payment function in March 2018. This new development will see SpherePay as the only mobile payment platform in the world that enables the virtual currencies to be transacted in real life. This means that users will be able to spend their cryptocurrencies to purchase everyday items via the SpherePay app. The app e-wallet will support various cryptocurrencies such as Bitcoin, ETH, SAY, OCN and others. Users will now have more mode of payment options from credit card, debit card, SpherePay's Advanced Credit to cryptocurrencies, all stored in one e-wallet. "We look forward to bringing premium cryptocurrencies to the real world with SpherePay's fast-paced ecosystem of blockchain and cryptocurrency which will cover over 400 million people in South East Asia. This innovation will enable our users to pay for their purchases using cryptocurrency whenever they need it." said Mr Joseph Chen, CEO of SpherePay. Accompanying this initiative, SpherePay will launch its own cryptocurrency and official token called SAY, with its ticker symbol as SAY. Its Whitepaper has been released on their official website. SAY is an ERC20 token and ETH ERC20 wallet compatible. The company will release a total of 10 Billion SAY tokens, within this, 40% will be offered on ICO. The company will announce SAY's Initial Coin Offering (ICO) within the next two days, releasing over 6 Billion tokens to the market. Public can subscribe to receive the token during its ICO via the official website at say.spherepay.com
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Arsenal Football Club signs world-first cryptocurrency partnership with CashBet Coin
CashBet has announced a landmark partnership with Premier League football club Arsenal FC ahead of the Initial Coin Offering (ICO) of its new cryptocurrency, CashBet Coin designed specifically for iGaming. The first-of-its-kind deal, which makes CashBet Coin the club’s exclusive and official Blockchain Partner, sees Arsenal become the first major team in world football to officially partner with a cryptocurrency. The agreement will give the CashBet Coin brand prominent placement via in-stadium advertising channels for Arsenal home Premier League games at Emirates Stadium. Vinai Venkatesham, Arsenal’s Chief Commercial Officer, said: “We are pleased to welcome CashBet Coin as our partner. We are looking forward to working with CashBet Coin as they launch their new cryptocurrency.” Dr. Mike Reaves, CEO and Founder of CashBet, said: “With our ICO for CashBet Coin, we are actively targeting a global, multi-billion dollar marketplace of iGaming content providers, operators and players. “We are delighted to do so in partnership with one of world football’s true giants in Arsenal, enabling us to build our brand and engage this audience in a meaningful way. “Designed specifically for iGaming, CashBet Coin will improve the online experience for real money, casino, social, skill-based, eSports and sports betting players through increased trust and transparency, faster payouts, reduced fees and dedicated player protection.” The ICO presale will begin on January 24, 2018 at 5:00PM GMT and end on February 20 at 5:00PM GMT, followed by the public sale beginning on March 20 at 5:00PM GMT and continuing until April 27 at 5:00PM GMT.
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Mid-summer tech trade show will move to the Jacob K. Javits Convention Center in June
CT Lab Global Media has just announced that its official mid-year conference and technology showcase, CE Week, will take place June 20th–21st at the Jacob K. Javits Convention Center in New York City. The change in venue was a decision made shortly after the creation of CT Lab Global Media, a new business entity. The new company is the result of a partnership between IFA, the world’s largest consumer electronics show, and NAPCO Media. In 2017, IFA hosted 250,000 visitors, more than 1,800 exhibitors in more than 1.7 million square feet of sold-out floor space at its annual Berlin-held exhibition, solidifying its role as the leading showcase for the global technology industry. CE Week producer NAPCO Media is a U.S. business-to-business media company and the publisher of Dealerscope, Technology integrator and Connected Design. The selection of the Javits Center, known as a top-tier U.S. venue for hosting many globally significant exhibitions, also signals a pivot in emphasis that is consistent with IFA’s longstanding mission as a world-renowned producer of buyers’ events. CE Week 2018, in line with that, will represent a transition from a predominantly media-oriented show with a retailer presence to a retailer-/distributor-oriented buying event with a media presence. CE Week powered by IFA will remain, as ever, geared towards leaders in the consumer electronics industry, but will now provide a midyear forum for the global retailing and distributor buying communities to conduct actual business with Vendors, in addition to being a gathering place that fosters new relationships. The tradeshow is also the ideal event to generate excitement around upcoming products for the back-to-school and holiday shopping seasons. “We are excited about the opportunity that creating this new alliance affords IFA, and about working with our U.S. partners, who have already established CE Week as a solid foundation. We look forward to building upon that foundation together, bringing to CE Week all of IFA’s strengths to create synergies that will leverage the expertise of our global reach, and that will serve the American CE retailing community even more effectively,” said Jens Heithecker, senior vice president of Messe Berlin Group and IFA Berlin executive director. As it always has in its 11 years, the event will give exhibitors the opportunity to showcase products to the tech industry’s most influential journalists and to meet with key industry partners, channel representatives, and investors. Participants in the show’s history have included LG, Sharp, Pioneer, Samsung, Sony, JVC, Epson, Harman, Kodak, Tiffen, Westinghouse, Onkyo – all of whom are now part of the CE Week Alliance, with right of first choice for premiere booth locations once the show layout is finalized next month. Along with exhibition of new products, the tradeshow showcases numerous conference sessions, awards ceremonies, and networking-themed events. “By way of the new partnership, CT Lab Global Media intends to enrich CE Week with IFA’s strategic show management style. Just as IFA is a core meeting place for key retailers, buyers, and distributors from the industry and the media, CE Week intends to follow the same mantra,” said Eric Schwartz, executive producer of CE Week. Last year, CE Week introduced the Retailer Meetups – a unique networking event that enabled leaders from across the consumer tech spectrum to connect, exchange ideas, and build relationships by way of one-on-one meetings. Of those surveyed at the event, 100 percent expected that some or all of the relationships forged at the CEWEEK Retailer Meetups would be useful to their business in the next 12 months. To add further growth to the Retailer Meetups, IFA said it will add key global retailers, distributors, and buying groups to the event. The Retailer Meetups will be held on June 19th, the day before CE Week exhibits open. CEWeek 2018 will take place at the Jacob K. Javits Convention Center, June 20th-21st, 2018. For more information, please visit www.ceweekny.com or call Eric Schwartz-Executive Producer +1 215-238-5420 or email: eschwartz@napco.com
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day ‘Company IR’ – SKYMAP
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. 'Company IR,' one of the main events of '2017 Startup Challenge Platform Demo Day', is prepared for the selected companies to introduce their outcomes, targeting domestic angel investors, accelerators, and VCs, and 6 companies participated. In this event, 6 start-up companies supported by Seoul Center for Creative Economy and Innovation are presented to their company and business items. SKYMAP (CEO: Daewook Jeong) introduced their ‘3D Web GIS Engine’ develop supported by Seoul Center for Creative Economy and Innovation. SKYMAP’s High Quality Three Demensional Web GIS Engine implements Repetive Pattern of Texture using computer vision and deep learning. This Web GIS engine will be used at Smart City Solution, 3D game and VR/AR ▲ SKYMAP introduced their 3D Web GIS engine through this ‘Company IR’ events. ▲ Already, they have some experience of develop 3D GIS engine for web services.
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day ‘Company IR’ – AMBITIONEM
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. 'Company IR,' one of the main events of '2017 Startup Challenge Platform Demo Day', is prepared for the selected companies to introduce their outcomes, targeting domestic angel investors, accelerators, and VCs, and 6 companies participated. In this event, 6 start-up companies supported by Seoul Center for Creative Economy and Innovation are presented to their company and business items. AMBITIONEM (CEO: SUNGBIN KIM) introduced ‘DIY backpack’ of their own ‘AMBITIONEM’ brand develop supported by Seoul Center for Creative Economy and Innovation. AMBITIONEM is a world map backpack which marks the countries you have been traveled. This product is available in two sizes, 60 liters and 40 liters, depending on the itinerary or body type. Customizable colors for the map on the backpack are gold, silver and national flag colors. ▲ AMBITIONEM introduced world map backpack which marks the countries you have been traveled.
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day ‘Company IR’ – LEEDEYEON
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. 'Company IR,' one of the main events of '2017 Startup Challenge Platform Demo Day', is prepared for the selected companies to introduce their outcomes, targeting domestic angel investors, accelerators, and VCs, and 6 companies participated. In this event, 6 start-up companies supported by Seoul Center for Creative Economy and Innovation are presented to their company and business items. LEEDEYEON (CEO: Yeontaek Lee) introduced their ‘Aromize’, the smart converged diffuser, develop supported by Seoul Center for Creative Economy and Innovation. Unlike the standard diffuser that only diffuse one kind of scent constantly, Aromize, the smart converged diffuser, is a device that users can choose the scent due to their mental state and moods. Aromize is a device that can be installed with various capsules of scent. If necessary, the scent can be easily changed by one button. ▲ LEEDEYEON introduced ‘Aromize’, the smart converged diffuser. ▲ LEEDEYEON’s products are displayed in showcase space of this demo day.
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day ‘Company IR’ - Axleless
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. 'Company IR,' one of the main events of '2017 Startup Challenge Platform Demo Day', is prepared for the selected companies to introduce their outcomes, targeting domestic angel investors, accelerators, and VCs, and 6 companies participated. In this event, 6 start-up companies supported by Seoul Center for Creative Economy and Innovation are presented to their company and business items. Axleless(CEO: Sir, Moonseek) introduced their ‘Axleless-motor’ develop supported by Seoul Center for Creative Economy and Innovation. The ‘Axleless motor’ which motor included impeller have most simplified structure and provide economical and efficiency. Also, it can be applied to a vacuum cleaner, pump, or electric boat propulsion device. ▲ Axleless introduced their ‘Axleless-motor’ included impeller. ▲ Axleless displayed their technologies through video materials in showcase space of this demo day.
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day ‘Company IR’ - VRANI
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. 'Company IR,' one of the main events of '2017 Startup Challenge Platform Demo Day', is prepared for the selected companies to introduce their outcomes, targeting domestic angel investors, accelerators, and VCs, and 6 companies participated. In this event, 6 start-up companies supported by Seoul Center for Creative Economy and Innovation are presented to their company and business items. VRANI (CEO: Hwi Young Chung) introduced to develop VR contents for kids business supported by Seoul Center for Creative Economy and Innovation. VRANI make kid-friendly VR games using UX/UI and game play dedicated for children aged 3 to 11, with adorable character TToring. Their business model is to expand into the location-based VR market, which is anywhere families with kids go, such as shopping malls, theme parks, movie theaters, family restaurants and more. Its plan is to expand our VR content into immersive education, movies, animation and merchandising business, and ultimately, building a VR platform for kids. ▲VRANI introduced VR contents for kids business ▲VRANI prepared the system to experience their VR contents in this demo day’s space.
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day ‘Company IR’ - UnitySoft
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. 'Company IR,' one of the main events of '2017 Startup Challenge Platform Demo Day', is prepared for the selected companies to introduce their outcomes, targeting domestic angel investors, accelerators, and VCs, and 6 companies participated. In this event, 6 start-up companies supported by Seoul Center for Creative Economy and Innovation are presented to their company and business items. UnitySoft(CEO: Youngsaem Ahn) introduced 'C2M', which synthesizes and generates MRI images with CT images, business supported by Seoul Center for Creative Economy and Innovation. ‘C2M’ is the software to generate MRI images based on CT images, and 'C2M' deep learning model that synthesizes MRI image with CT image is prepared and it is based on GAN (Generative Adversarial Network). UnitySoft has set a goal of 'C2M' as a secondary goal to provide information on whether to additionally take an MRI in the presence of only CT images, and it is developing tools to replace full CT or MRI. ▲ UnitySoft introduced 'C2M', which synthesizes and generates MRI images with CT images. ▲ They show demos to generate MRI picture from CT by their C2M system.
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[KITA KGSF 2017] 2017 Startup Challenge Platform Demo Day Selected Company Exhibition & Networking
On November 28, ‘10th Korea Grand Sourcing Fair 2017' was held at COEX D Hall in Gangnam-gu, Seoul. The ‘10th Korea Grand Sourcing Fair 2017', which will be held until the November 29th, will connect Korean with overseas and regional large distribution corporations, manufacturing companies, and consumer goods import vendors for both on-line and off-line to support the export of domestic products through a large global distribution network. The event, which will be held for the 10th time since 2008, is sponsored by Korea International Trade Association (KITA), sponsored by Ministry of Industry, Trade and Energy and the Ministry of SMEs and Startups and KB Kookmin Bank. In this event, 140 foreign big buyers, 20 WTC member companies, 900 domestic export companies and 100 PPL companies participate in consultation activities and incidental events. '2017 Startup Challenge Platform Demo Day', an incidental event of ‘10th Korea Grand Sourcing Fair 2017', is an exhibition as well as demo day of '6-month Challenge Platform' progressed by Seoul Center for Creative Economy and Innovation. It is prepared by Seoul Center for Creative Economy and Innovation to raise the opportunities of investment and business linkage by informing the accomplishments of the startups that were fostered through the project period to private accelerator and investing institutions. A total of 19 companies selected through the recruitment of participating companies participated in the event. Targeting domestic angel investors, accelerators, and VCs, incidental events including "Company IR", in which six companies conduct their own IR, "Selected prototype exhibition", which discloses the products produced as a result of the performance, "Startup representative lecture", which presents success stories of excellent startup representatives among graduate companies, and "Networking", held for exchanges among attendees such as selected company representatives, accelerators, investors, center employees, and visiting buyers. As a final event of "2017 Startup Challenge Platform Demo Day", the time for exhibition and networking of selectors and companies are prepared. In the exhibition space that was held together in the IR event hall, the introduction of products and business were conducted. Through the networking time provided at the last time of the event, the networking and consultation between the graduate companies and the selected company were conducted. ▲ A final event of "2017 Startup Challenge Platform Demo Day" was progressed with the time for business, product exhibition and networking of participant companies. ▲ It was time to inquire about the items that were interested and to plan networking. ▲ Since it was right after the lecture by graduate companies, their interests were high. ▲ The networking time of this event is noteworthy that not only companies but also various entities gathered. ▲ There was also a spaces where a brief introduction and demonstration of technology was possible. ▲ Technology that can not be exhibited directly was introduced through video. ▲ In some cases, the product was prepared to be experienced on the spot. ▲ The demonstration environment of VR contents which was popular in G-Star was prepared with considerable effort.
