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24th Busan International Film Festival Unveils the Actor & Actress of the Year Award Jurors: BAE Jong-ok, JUNG Jae-young
The 24th Busan International Film Festival unveils Bae Jong-ok and Jung Jae-young as jury members for the Actor & Actress of the Year Awards. The Actor & Actress of the Year Awards are presented to promising actors and actress who will lead the future of Korean film. The awards are given to the actor and actress with the most impressive performance in Korean independent films among the ‘New Currents’ and ‘Korean Cinema Today – Vision’ section. Sitting on the jury for the Actor & Actress of the Year Awards are Bae Jong-ok and Jung Jae-young, who have shown inimitable performances in a wide range of genres. The prior winners of the Actor & Actress of the Year Awards, launched in 2014, are Choi Woo-shik in Set Me Free (2014), Cho Soohyang in Wild Flowers (2014), Lee Ju-won in Alone (2015), Jang Sun in Communication & Lies (2015), Lee Minji and Koo Kyohwan in Jane (2016), Jeon Yeobeen in After My Death (2017), and Park Jonghwan in Hit the Night (2017). Past awardees of the Actor & Actress of the Year Awards at the 23rd Busan International Film Festival include Lee Juyeong in Maggie (2018) and Moon Choi in Our Body (2018), who has presented a delicate expression and characteristic charm. The 24th Actor & Actress of the Year Award recipients will be revealed at the Closing Ceremony on October 12. Awardees will be selected by jury members and awarded with a cash prize of 5,000,000 KRW each.
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Weibo Reports Second Quarter 2019 Unaudited Financial Results
BEIJING, Aug. 19, 2019 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the second quarter ended June 30, 2019. "Weibo delivered strong user performance this quarter," said Gaofei Wang, CEO of Weibo. "We are delighted to see a notable acceleration in user growth from prior quarter and robust user engagement trends, underpinned by our strengthened social network effect as well as the consistent efforts in user product upgrade and optimization. On monetization, we continued to showcase unique value proposition to advertisers, leveraging the ongoing ad product evolution to mobile, social and video," said Mr. Wang. Second Quarter 2019 Highlights Net revenues increased 1% year-over-year to $431.8 million, representing an increase of 7% on a constant currency basis [1]. Advertising and marketing revenues were $370.7 million, flattish year-over-year. Value-added service ("VAS") revenues increased 8% year-over-year to $61.2 million. Net income attributable to Weibo was $103.0 million, compared to $140.9 for the same period last year, and diluted net income per share was $0.46, compared to $0.62 for the same period last year. Non-GAAP net income attributable to Weibo was $156.4 million, and non-GAAP diluted net income per share was $0.68, both flat year-over-year. Monthly active users ("MAUs") were 486 million in June 2019, a net addition of approximately 55 million users year-over-year. Mobile MAUs represented approximately 94% of MAUs. Average daily active users ("DAUs") were 211 million in June 2019, a net addition of approximately 21 million users year-over-year. [1] On a constant currency (non-GAAP) basis, we assume that the exchange rate in the second quarter of 2019 had been the same as it was in the second quarter of 2018, or RMB6.40=US$1.00. Second Quarter 2019 Financial Results For the second quarter of 2019, Weibo's total net revenues were $431.8 million, an increase of 1% compared to $426.6 million for the same period last year. Advertising and marketing revenues for the second quarter of 2019 were $370.7 million, compared to $369.9 million for the same period last year. Advertising and marketing revenues from small & medium-sized enterprises ("SMEs") and key accounts ("KAs") were $346.5 million, representing an increase of 2% compared to $338.7 million for same period last year. VAS revenues for the second quarter of 2019 were $61.2 million, an increase of 8% year-over-year compared to $56.6 million for the same period last year. The increase was mainly attributable to the revenues derived from the live streaming business acquired in the fourth quarter of 2018, and was partially offset by the decrease in gaming revenues. Costs and expenses for the second quarter of 2019 totaled $280.6 million, compared to $271.7 million for the same period last year. Non-GAAP costs and expenses were $265.6 million, compared to $259.3 million for the same period last year. Income from operations for the second quarter of 2019 was $151.3 million, compared to $154.9 million for the same period last year. Non-GAAP income from operations was $166.2 million, compared to $167.3 million for the same period last year. Non-operating loss for the second quarter of 2019 was $24.0 million, compared to an income of $10.9 million for the same period last year. Non-operating loss for the second quarter of 2019 included investment related impairment of $31.7 million, which is excluded under non-GAAP measures. Income tax expenses for the second quarter were $26.1million, compared to $25.1 million for the same period last year. Net income attributable to Weibo for the second quarter of 2019 was $103.0 million, compared to $140.9 million for the same period last year. Diluted net income per share attributable to Weibo for the second quarter of 2019 was $0.46, compared to $0.62 for the same period last year. Non-GAAP net income attributable to Weibo for the second quarter of 2019 was $156.4 million, compared to $156.1 million for the same period last year. Non-GAAP diluted net income per share attributable to Weibo for the second quarter of 2019 was $0.68, compared to $0.68 for the same period last year. As of June 30, 2019, Weibo's cash, cash equivalents and short-term investments totaled $1.56 billion. For the second quarter of 2019, cash provided by operating activities was $132.8 million, capital expenditures totaled $3.2 million, and depreciation and amortization expenses amounted to $6.7 million. Other Development On July 5, 2019, the Company completed the offering of US$800 million in aggregate principal amount of senior notes due 2024 (the "Notes"). The Notes were issued at par value and bear annual interest at a rate of 3.500% per year, payable semiannually in arrears on January 5 and July 5 of each year, beginning on January 5, 2020. The Notes will mature on July 5, 2024, unless previously repurchased or redeemed in accordance with their terms prior to maturity. Business Outlook For the third quarter of 2019, Weibo estimates its net revenues to increase 6% year-over-year to 9% year over year on a constant currency basis. This forecast reflects Weibo's current and preliminary view, which is subject to change. Conference Call Weibo's management team will host a conference call from 7AM – 8AM Eastern Time on August 19, 2019 (or 7PM – 8PM Beijing Time on August 19, 2019) to present an overview of the Company's financial performance and business operations. A live webcast of the call will be available through the Company's corporate website at http://ir.weibo.com. The conference call can be accessed as follows: US Toll Free: +1 866-519-4004 Hong Kong Toll Free: 800-906-601 China: 400-620-8038 International: +65 6713-5090 Passcode for all regions: 7349347 A replay of the conference call will be available from 22:00 China Standard Time on August 19, 2019 to 21:59 China Standard Time on August 27, 2019. The dial-in number is +61 2-8199-0299. The passcode for the replay is 7349347. Non-GAAP Financial Measures This release contains the following non-GAAP financial measures: non-GAAP costs and expenses, non-GAAP income from operations, non-GAAP net income attributable to Weibo, non-GAAP diluted net income per share attributable to Weibo and adjusted EBITDA. These non-GAAP financial measures should be considered in addition to, not as a substitute for, measures of the Company's financial performance prepared in accordance with U.S. GAAP. The Company's non-GAAP financial measures exclude stock-based compensation, amortization of intangible assets, net results of impairment on, gain/loss on sale of and fair value change of investments, non-GAAP to GAAP reconciling items on the share of equity method investments, non-GAAP to GAAP reconciling items for the income/loss attributable to non-controlling interests, provision for income tax related to the amortization of intangible assets (other non-GAAP to GAAP reconciling items have no tax effect), and amortization of convertible debt issuance cost. Adjusted EBITDA excludes interest income, net, income tax expenses, and depreciation expenses. The Company's management uses these non-GAAP financial measures in their financial and operating decision-making, because management believes these measures reflect the Company's ongoing operating performance in a manner that allows more meaningful period-to-period comparisons. The Company believes that these non-GAAP financial measures provide useful information to investors and others in the following ways: (i) in comparing the Company's current financial results with the Company's past financial results in a consistent manner, and (ii) in understanding and evaluating the Company's current operating performance and future prospects in the same manner as management does, if they so choose. The Company also believes that the non-GAAP financial measures provide useful information to both management and investors by excluding certain expenses, gains (losses) and other items (i) that are not expected to result in future cash payments or (ii) that are non-recurring in nature or may not be indicative of the Company's core operating results and business outlook. Use of non-GAAP financial measures has limitations. The Company's non-GAAP financial measures do not include all income and expense items that affect the Company's operations. They may not be comparable to non-GAAP financial measures used by other companies. Accordingly, care should be exercised in understanding how the Company defines its non-GAAP financial measures. Reconciliations of the Company's non-GAAP financial measures to the nearest comparable GAAP measures are set forth in the section below titled "Unaudited Reconciliation of Non-GAAP to GAAP Results." About Weibo Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream. Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. The Company generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Designed with a "mobile first" philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. To support the mobile format, we have developed and continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness. Safe Harbor Statement This press release contains forward-looking statements that relate to, among other things, Weibo's expected financial performance and strategic and operational plans (as described, without limitation, in the "Business Outlook" section and in quotations from management in this press release. Weibo may also make forward-looking statements in the Company's periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology, such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "confidence," "estimates" and similar statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, Weibo's limited operating history in certain new businesses; failure to grow active user base and the level of user engagement; the uncertain regulatory landscape in China; fluctuations in the Company's quarterly operating results; the Company's reliance on advertising and marketing sales for a majority of its revenues; failure to successfully develop, introduce, drive adoption of or monetize new features and products; failure to compete effectively for advertising and marketing spending; failure to successfully integrate acquired businesses; risks associated with the Company's investments, including equity pick-up and impairment; failure to compete successfully against new entrants and established industry competitors; changes in the macro-economic environment, including the depreciation of the Renminbi; and adverse changes in economic and political policies of the PRC government and its impact on the Chinese economy. Further information regarding these and other risks is included in Weibo's annual report on Form 20-Fs and other filings with the SEC. All information provided in this press release is current as of the date hereof, and Weibo assumes no obligation to update such information, except as required under applicable law. Contact: Investor RelationsWeibo CorporationPhone: +86 10 5898-3336Email: ir@staff.weibo.com WEIBO CORPORATION UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) Three months ended Six months ended June 30, March 31, June 30, 2019 2018 2019 2019 2018 Net revenues: Advertising and marketing $ 370,660 $ 369,942 $ 341,141 $ 711,801 $ 672,891 Value-added service 61,176 56,647 58,036 119,212 103,581 Net revenues 431,836 426,589 399,177 831,013 776,472 Costs and expenses: Cost of revenues (1) 81,972 61,790 82,817 164,789 124,692 Sales and marketing (1) 106,405 139,977 106,151 212,556 245,840 Product development(1) 70,368 60,613 69,853 140,221 121,136 General and administrative(1) 21,825 9,313 17,287 39,112 20,529 Total costs and expenses 280,570 271,693 276,108 556,678 512,197 Income from operations 151,266 154,896 123,069 274,335 264,275 Non-operating income (loss): Impairment on, gain/loss on sale of and fair value change of investments, net (41,954) (1,535) 37,797 (4,157) (3,034) Interest and other income , net 17,999 12,481 10,781 28,780 21,609 (23,955) 10,946 48,578 24,623 18,575 Income before income tax expenses 127,311 165,842 171,647 298,958 282,850 Income tax expenses (26,073) (25,148) (21,073) (47,146) (43,445) Net income 101,238 140,694 150,574 251,812 239,405 Less: Net income (loss) attributable to non-controlling interests (1,758) (220) 132 (1,626) (594) Net income attributable to Weibo $ 102,996 $ 140,914 $ 150,442 $ 253,438 $ 239,999 Basic net income per share attributable to Weibo $ 0.46 $ 0.63 $ 0.67 $ 1.13 $ 1.08 Diluted net income per share attributable to Weibo $ 0.46 $ 0.62 $ 0.66 $ 1.12 $ 1.06 Shares used in computing basic net income per share attributable to Weibo 225,262 223,542 224,924 225,094 223,224 Shares used in computing diluted net income per share attributable to Weibo 226,277 232,768 232,894 226,210 225,995 (1) Stock-based compensation in each category: Cost of revenues $ 1,118 $ 1,445 $ 1,112 $ 2,230 $ 2,456 Sales and marketing 2,129 2,831 2,039 4,168 4,799 Product development 6,618 6,064 6,058 12,676 11,115 General and administrative 4,269 1,908 3,686 7,955 4,892 WEIBO CORPORATION UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) June 30, December 31, 2019 2018 Assets Current assets:
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Highlights of CIOE 2019 in Shenzhen this September
SHENZHEN, China, Aug. 16, 2019 /PRNewswire/ -- As a comprehensive exhibition covering the entire optoelectronic supply chain, CIOE (China International Optoelectronic Exposition) has been devoting in optoelectronic industry for 21 years to build a high-efficient and high-quality communication platform for global professionals. CIOE 2019, will be kicking-off in less than 2 weeks in Shenzhen Convention and Exhibition Center on September 4-7. The opening of the exhibition is just around the corner. Let's have a preview for 7 highlights of world's leading optoelectronic event. Highlights of China International Optoelectronic Exposition 2019 Highlight 1: The one and only optoelectronic exhibition with 110,000 square meters exhibition area 2,000 leading optoelectronics companies, more than 4,000+ optoelectronic brands, are expected to gather at CIOE 2019. This year more than 70,000 industry professionals are expected to participate and source at CIOE. CIOE is the best optoelectronic platform to look for high-quality products, reliable suppliers and to learn about market trends. It's also the ideal communication platform to network with industry peers and to expand your business network. Highlight 2: Six sub-expos to cover the entire industry CIOE 2019, consisting of 6 concurrent sub-expos, will cover the entire optoelectronic industry chain. Optical Communications Expo will focus on optical chips, optical components, optical modules, system equipment and 5G applications. Precision Optics Lens and Camera Module Expo is formed by two main clusters for Precision Optical Component Processing and Lens Manufacturing. Lasers Technology & Intelligent Manufacturing Expo will display from laser materials to laser equipment, showing the entire laser industry chain. Infrared Applications Expo shows the top-notched infrared materials, devices, equipment and application products. Optoelectronic Sensor Expo brings together the world's leading LiDAR companies, as well as the latest technologies and products such as 3D sensing and optoelectronic sensing. Photonics Innovation Pavilion gathers the top universities and research institutes in China to showcase the national scientific research frontier products in optoelectronic field. In a word, CIOE 2019 will focus on a wide range of industry hotspot products and technologies, including hottest products in the market such as optical chips, optical modules, optical lenses, data centers, lens modules, machine vision, VCSEL, laser radar, millimeter wave terahertz, laser cleaning, etc. Highlight 3: Terahertz Zone and Forum CIOE will collaborate with Millimeter Wave and Terahertz Alliance to organize Terahertz Zone showcasing such as chips, devices, materials, test and system applications for terahertz technology at 1D52 in Hall 1. 2019 Terahertz Detection Technology Application Forum will be also held to gather infrared industry research institutes, laboratories, well-known enterprises, and well-known analytical institutions to jointly discuss the market prospects of infrared detection technology and terahertz technology in many application fields. Highlight 4: Seven International Pavilions to display global technologies International pavilions including Germany, Demark, Canada, USA, Japan, Korea and Taiwan (China) will showcase the top-notch products and cutting-edge technologies. Highlight 5: Four Application visitor guide for higher efficient sourcing at CIOE Optoelectronic technologies have great demand in application filed like data center, mobile phone, automotive electronics and defense & security. These visitor guides are power tools for professionals to prepare and visit CIOE and it's strongly recommend to save one copy in the mobile phone. Highlight 6: Concurrent confront connecting you to the future of optoelectronic China International Optoelectronic Conference (CIOEC) is a professional symposium held concurrently with CIOE. 60+ conferences covers the hottest topics in the optoelectronic field including optical communications, precision optics, laser, infrared, AR, intelligent driving, 3D sensing, block chain, mobile phones, etc. Highlight 7: VIP Match-making services accelerating your sourcing efficiency CIOE VIP Buyer Program is designed for key buyers and senior-level decision makers from the optoelectronic industry. CIOE will offer exclusive privileges and amenities to enhance your experience and to facilitate your high-end commercial opportunities at the event. The program serves as a one-on-one platform to connect buyers and exhibitors, and enhance your show visit efficiency. Sign up and date up your target supplier now. CIOE 2019 is the last time of CIOE being held at the Shenzhen Convention and Exhibition Center. CIOE is moving to the Shenzhen World Exhibition & Convention Center in 2020. So don't miss the last global industrial gathering at the downtown of Shenzhen and meet with your old business acquaintances. CIOE 2019 will be expecting 70,000 visitors to visit and source and explore together the future of optoelectronic industry. To avoid the long queue onsite please kindly pre-register in advance. Photo - https://photos.prnasia.com/prnh/20190816/2554284-1?lang=0 Related Links :http://www.cioe.cn
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Fast Company Names Jiang Bin, VP at iQIYI, as One of China's 100 Most Creative People in Business 2019
BEIJING, Aug. 16, 2019 /PRNewswire/ -- Jiang Bin, the Vice President and General Manager of the Program Development Center at iQIYI ("iQIYI" or the "Company"), an innovative market-leading online entertainment service in China, has been recognized by the Chinese Edition of Fast Company as one of China's 100 Most Creative People in Business 2019 ("China MCP 100"). Covering every business field including science, fashion, arts and more, the list recognizes visionary leaders who have been instrumental in transforming their industries and broader societies over the past year. Other leading business figures including Hou Hongliang, Chairman of production firm Daylight Entertainment, and Lu Zhengyao, Chairman of Luckin Coffee and CAR Inc., were also selected by China MCP 100. Fast Company Names Jiang Bin, VP at iQIYI, as One of China’s 100 Most Creative People in Business 2019 Fast Company is the world's leading progressive business media brand, with a unique editorial focus on innovation in technology, leadership, and design. Fast Company selected Jiang due to his accomplishments and contributions to China's entertainment industry. Over the past year, he has produced many culturally-significant online programs which have played an influential role in shaping not only the Chinese entertainment industry, but also China's youth and pop culture. At iQIYI, Jiang created multiple hit variety shows including Idol Producer, Qing Chun You Ni, I Actor and I Supermodel. Since their release, these shows have become known to the industry and public as successful platforms that cultivate promising talents and foster pop culture trends. Hit variety shows produced by Jiang Bin (clockwise from left): Idol Producer, I Actor and Qing Chun You Ni "I am honored to be recognized by the prestigious Fast Company as an innovative leader in China's entertainment industry," said Jiang. "Not only has iQIYI's innovation in content creation and technology application enabled itself to become a market-leading figure, but it also has played a monumental role in spurring the development of the entire Chinese entertainment industry. As we lead the transformation of China's entertainment industry, we strive to revolutionize the way China's youth and consumers perceive entertainment." As an entertainment company that attaches great importance to innovation and technology, iQIYI is committed to incorporating both elements to all aspects in its productions. Under this commitment, the Company has steered its focus to large scale online dramas and variety shows, created a favorable environment for paid content, as well as released pioneering industry standards such as the Interactive Video Guideline and the Revenue-Sharing Content Production Model, which have been widely adopted by the entertainment industry in China. These market leading achievements have led iQIYI to be recognized by Fast Company multiple times, including as one of China's 50 Most Innovative Companies of 2017 and for the 2018 China Innovation by Design Awards. About iQIYI, Inc. iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI's platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, partner-generated content and user-generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, live broadcasting, online games, IP licensing, online literature and e-commerce. View original content to download multimedia:http://www.prnewswire.com/news-releases/fast-company-names-jiang-bin-vp-at-iqiyi-as-one-of-chinas-100-most-creative-people-in-business-2019-300902910.htmlRelated Links :www.iqiyi.com
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TIDAL Releases Exclusive Performance Footage From Iggy Azalea's Album Release Concert
Fans Can Get a First Look at Azalea's In My Defense Comeback Performances NEW YORK, Aug. 16, 2019 /PRNewswire/ -- Last month, following the release of her second studio album, In My Defense, Grammy nominated rapper, Iggy Azalea, and global music streaming and entertainment platform, TIDAL, hosted an intimate concert for fans at The Fonda Theater in Los Angeles, CA. Today, TIDAL is releasing an exclusive video, Iggy Azalea Live At The Fonda, showcasing Azalea's stellar performance of classic hits and recent tracks. Fans can get an exclusive look at I-G-G-Y as she owns the stage, performing new tracks like, "F It Up," "Started" and "Sally Walker" as well as fan favorites such as "Fancy" and "Black Widow." TIDAL members can watch the fiery concert clips on TIDAL.com/IggyAzalea. Media can embed the performance using the code here: http://tdl.sh/IggyAzaleaLive Iggy Azalea has previously collaborated with TIDAL to perform at its annual philanthropic concert, TIDAL X: Brooklyn, and TIDAL X: Mercedez-Benz. Fans can explore Azalea's party rap repertoire with the Iggy Azalea Essentials playlist curated by TIDAL's expert editorial team. Iggy Azalea Live At The Fonda adds to the growing list of exclusive content and unique experiences available for TIDAL members. The video further solidifies the platform's commitment to elevating the connection between artists and their fans by providing subscribers with more than just great music. About TIDAL TIDAL is an artist-owned global music and entertainment platform that brings artists and fans closer together through unique original content and exclusive events. Available in 53 countries, the streaming service has more than 60 million songs and 250,000 high quality videos in its catalog along with original video series, podcasts, thousands of expertly curated playlists and artist discovery via TIDAL Rising. With the commitment of its owners to create a more sustainable model for the music industry, TIDAL is available in premium and HiFi tiers—which includes Master Quality Authenticated (MQA) recordings. Logo - https://mma.prnewswire.com/media/551889/TIDAL_Logo.jpg
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Nintex Announces New Electronic Forms Capabilities Within the Nintex Process Platform
New designer makes it fast, easy, and intuitive to create next-generation digital forms to power automated workflows leveraging Nintex for Office 365 and Nintex Workflow Cloud MELBOURNE, Australia, Aug. 16, 2019 /PRNewswire/ -- Nintex, the global standard for process management and automation, today announced the release of its new digital forms designer to quickly and easily create modern, sophisticated electronic forms that simplify the collection of information anytime, anywhere and seamlessly kick-off cloud-based process workflows. "Nintex is committed to transforming the way people work," said Nintex Chief Technology Officer Alain Gentilhomme. "Our new Nintex Forms designer is fast and intuitive by design, helping enterprises accelerate digital transformation and reduce their reliance on paper forms and manual processes with digital forms powered by automated workflows." This new forms designer is part of the powerful Nintex Process Platform, which enables enterprises to manage, automate and optimise simple to sophisticated business processes — by drag-and-drop configuring rather than complex coding. Nintex Forms built with the new designer are "responsive" and automatically adapt to the size and shape of the device screen on which they are rendered, making them clearer and more user friendly. Nintex users can also quickly apply sophisticated business logic, rich formatting, and custom branding to any digital form. Nintex customers and partners submit millions of Nintex Forms each month, often at the start of workflows that automate critical business processes. The new forms designer includes an enhanced drag-and-drop interface, support for sophisticated business rules and complex formulas, geolocation controls, and support for multi-page forms and e-signatures. "Nintex is proud to help everyone create engaging forms that are easy to read and complete," said Nintex Senior Product Manager Euan Gamble, who leads development of Nintex Forms. "Leveraging rules and formulas, it's never been easier to create forms that dynamically change based on user behaviour and inline formula validation, so the user isn't burdened with unnecessary fields or information." Gamble added, "We appreciate that IT departments continually face growing demands from business groups and that many organisations still struggle with slow, cumbersome, and error-prone paper processes." "In the past, I felt like I spent much of my time trying to make forms look user friendly and consistent," said Michael Campbell, Systems Application Support Analyst with Meat & Livestock Australia. "With the new Nintex Forms designer, I can concentrate more on functionality, as the designer makes it so easy to develop and use digital forms." "The new forms designer delivers a lot of value to companies who weren't previously ready to open their forms to citizen developers due to the complexity that certain functions could have, such as configuring panels and using functional rules," said Rhia Wieclawek, Director of Business Process Automation with Elantis. "The new designer provides a seamless experience for users." Customers may adopt the new designer now or continue to use Nintex's "classic" forms designer within Nintex for Office 365 and Nintex Workflow Cloud. An on-premises version of the new designer will be available in the coming months. To experience Nintex Forms, sign up for trial at www.nintex.com. Media Contacts Kristin Treat Nintex kristin.treat@nintex.com cell: +1 (215) 317-9091 Laetitia Smith Nintex laetitia.smith@nintex.com cell: +64 21 154 7114 About Nintex Nintex is the global standard for process management and automation. Today more than 8,000 public and private sector clients across 90 countries turn to the Nintex Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA). Product or service names mentioned herein may be the trademarks of their respective owners. Logo - https://mma.prnewswire.com/media/700078/Nintex_Logo.jpg Related Links :http://www.nintex.com
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Nintex Announces New Electronic Forms Capabilities Within the Nintex Process Platform
New designer makes it fast, easy, and intuitive to create next-generation digital forms to power automated workflows leveraging Nintex for Office 365 and Nintex Workflow Cloud AUCKLAND, New Zealand, Aug. 16, 2019 /PRNewswire/ -- Nintex, the global standard for process management and automation, today announced the release of its new digital forms designer to quickly and easily create modern, sophisticated electronic forms that simplify the collection of information anytime, anywhere and seamlessly kick-off cloud-based process workflows. "Nintex is committed to transforming the way people work," said Nintex Chief Technology Officer Alain Gentilhomme. "Our new Nintex Forms designer is fast and intuitive by design, helping enterprises accelerate digital transformation and reduce their reliance on paper forms and manual processes with digital forms powered by automated workflows." This new forms designer is part of the powerful Nintex Process Platform, which enables enterprises to manage, automate and optimise simple to sophisticated business processes — by drag-and-drop configuring rather than complex coding. Nintex Forms built with the new designer are "responsive" and automatically adapt to the size and shape of the device screen on which they are rendered, making them clearer and more user friendly. Nintex users can also quickly apply sophisticated business logic, rich formatting, and custom branding to any digital form. Nintex customers and partners submit millions of Nintex Forms each month, often at the start of workflows that automate critical business processes. The new forms designer includes an enhanced drag-and-drop interface, support for sophisticated business rules and complex formulas, geolocation controls, and support for multi-page forms and e-signatures. "Nintex is proud to help everyone create engaging forms that are easy to read and complete," said Nintex Senior Product Manager Euan Gamble, who leads development of Nintex Forms. "Leveraging rules and formulas, it's never been easier to create forms that dynamically change based on user behaviour and inline formula validation, so the user isn't burdened with unnecessary fields or information." Gamble added, "We appreciate that IT departments continually face growing demands from business groups and that many organisations still struggle with slow, cumbersome, and error-prone paper processes." "In the past, I felt like I spent much of my time trying to make forms look user friendly and consistent," said Michael Campbell, Systems Application Support Analyst with Meat & Livestock Australia. "With the new Nintex Forms designer, I can concentrate more on functionality, as the designer makes it so easy to develop and use digital forms." "The new forms designer delivers a lot of value to companies who weren't previously ready to open their forms to citizen developers due to the complexity that certain functions could have, such as configuring panels and using functional rules," said Rhia Wieclawek, Director of Business Process Automation with Elantis. "The new designer provides a seamless experience for users." Customers may adopt the new designer now or continue to use Nintex's "classic" forms designer within Nintex for Office 365 and Nintex Workflow Cloud. An on-premises version of the new designer will be available in the coming months. To experience Nintex Forms, sign up for trial at www.nintex.com. Media Contacts Kristin Treat Nintex kristin.treat@nintex.com cell: +1 (215) 317-9091 Laetitia Smith Nintex laetitia.smith@nintex.com cell: +64 21 154 7114 About NintexNintex is the global standard for process management and automation. Today more than 8,000 public and private sector clients across 90 countries turn to the Nintex Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA). Product or service names mentioned herein may be the trademarks of their respective owners. Logo - https://mma.prnewswire.com/media/700078/Nintex_Logo.jpg Related Links :http://www.nintex.com
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Clear Media Announces 2019 Interim Results
HONG KONG, Aug. 15, 2019 /PRNewswire/ -- Clear Media Limited ("Clear Media" or the "Company", together with its subsidiaries, the "Group"; SEHK Stock Code: 100), the largest bus shelter advertising panel operator in China, is pleased to announce its interim results for the six months ended 30 June 2019. During the period, the Group's total turnover decreased by 13.4% to RMB742.2 million due to challenging operating environment. Earnings before interest, tax, depreciation and amortisation ("EBITDA") increased by 27.8% to RMB396.1 million due to the effect of adoption of HKFRS 16. Excluding the effect of the adoption of HKFRS 16, EBITDA would have decreased by 54.9% to RMB139.6 million. Net loss[1] was RMB58.2 million as compared to the net profit[1] of RMB76.2 million in the same period last year. Excluding the effect of adoption of HKFRS 16, net loss would have decreased to RMB41.4 million which was mainly due to the decrease in revenue. Basic loss per share was RMB10.76 cents (1H2018: basic earnings per share of RMB14.09 cents). As of 30 June 2019, Clear Media operated the most extensive, standardised bus shelter advertising network in Mainland China, with a total of more than 54,000 panels (as of 30 June 2018: 54,000 panels) covering 24 cities. The Company's bus shelter advertising revenue, net of value added tax, decreased by 13.5% year on year to RMB738.0 million. The average number of bus shelter panels increased by 3.0%. Yield per bus shelter before value added tax ("yield") decreased by 16.0% year on year. The decrease was mainly caused by the decline in overall occupancy rate. For the six months ended 30 June 2019, the revenue from the top three cities Shanghai, Guangzhou and Beijing decreased by 17.4% to RMB451.9 million (1H2018: RMB547.0 million), driven by a lower average occupancy rate of bus shelter panels 43.5% (1H2018: 61.9%). The revenue from all mid-tier cities also decreased by 7.5% to RMB330.4 million (1H2018: RMB357.1 million). As of 30 June 2019, the Company operated a total of 247 digital panels in Nanjing (as of 30 June 2018: 251). Total sales generated from the digital panel advertising operation, net of value added tax, amounted to RMB4.2 million (1H2018: RMB4.3 million). Mr. Han Zi Jing, Chief Executive Officer of the Group, said, "Management expects the operating environment for the second half of 2019 to remain challenging as uncertainties continue in the external environment and the overall China economy. The majority of key customers from the e-commerce and IT industries are expected to remain cautious with their spending." Mr. Joseph Tcheng, Chairman of the Group, said, "The Group is intensifying its efforts to broaden the customer base, realign the sales organisation to improve effectiveness and implement cost savings initiatives. Despite the above strategies, if the revenue trend of the first half of 2019 continues into the second half of 2019, the Group expects to record a net loss for the full year of 2019." [1] Net profit/(loss) attributable to owners of the parent About Clear Media Limited Clear Media is the largest bus shelter advertising panel operator in China, with leading market position in top-tier cities, and also a broad presence in the fastest growing cities across the country. We provide one-stop solutions for countrywide advertising campaigns for our customers. Listed on the Main Board of The Stock Exchange of Hong Kong since 2002 under the stock code 100, Clear Media's largest shareholder is Clear Channel Outdoor (NYSE: CCO), one of the world's largest outdoor media companies. For more information on Clear Media, please visit: www.clear-media.net. Related Links :www.clear-media .netwww.clear-media.net
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Badanamu Cadets Captivates Families Across China
British Children's Animation Ranked at the Top on CCTV-14LONDON, Aug. 15, 2019 /PRNewswire/ -- On August 1, 2019, Calm Island's Badanamu Cadets aired on China's top children's entertainment channel, CCTV-14. Badanamu Cadets received an overwhelming response from families across the nation, topping at number one in ratings on CCTV-14 and number two in ratings among all children's channels in China. In addition, the animation received more than 6 million likes on CCTV's streaming channel over a span of 4 days. Badanamu Cadets reaches number one in ratings on CCTV-14. Badanamu Cadets is an educational children's animation that introduces the exciting world of science, technology, engineering, and math (STEM). The series follows Bada, the main protagonist, and his fellow Cadets on their missions to keep the world of Badanamu safe from mischief and destruction. Each thrilling adventure is full of action, humor, and surprises. Courageous and determined, the Cadets teach young viewers moral lessons as they surpass every challenge they face. The series targets children ages 4 to 8 and is currently dubbed and aired in select countries including, China, France, Vietnam, South Korea, and Indonesia. All the episodes are also available in English on both the Google Play Store and Apple App Store through the Badanamu Cadets application. Calm Island looks forward to continuing the action-packed series with new seasons planned for production in early 2020. About Calm Island Co., Ltd. Calm Island is an education technology company that pairs emotionally engaging content with science and data to improve early childhood reading and literacy levels. Through its educational brand, Badanamu, Calm Island provides learning solutions in over 30 countries across the globe. View original content to download multimedia:http://www.prnewswire.com/news-releases/badanamu-cadets-captivates-families-across-china-300902172.htmlRelated Links :https://www.calmid.com/
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IBC2019: TVU Networks Announces Advances in AI, 4K60fps and HDR Transmission, and Remote Production
New Internet-Based Encoder TVU G-Link 4K and 4K HDR Version of TVUNOIDA, India, Aug. 15, 2019 /PRNewswire/ -- TVU Networks the global technology and innovation leader in live IP solutions, will showcase 4K, HDR, 5G and AI advances for live video acquisition, cloud and remote production at its stand at the IBC (International Broadcasting Convention) this fall. TVU Networks will exhibit in Hall 2, Stand B28 during the show 4K HDR H.265 Video and 5G Live Transmission Featuring a newly developed H.265 hardware encoding chip, TVU One 4K delivers full broadcast quality 4K, 10-bit true 60 fps HDR video at as low as 3mbps with proven patented Inverse StatMux Plus technology, IS+. TVU One 4K is able to transmit 4K P60 HDR video reliably over mobile infrastructure at merely 0.5 second latency. Designed for broadcasters requiring mobility, TVU One 4K delivers speed, reliability and picture quality in a compact unit using technology that's been proven in the most demanding cellular environments. TVU One 4K and TVU G-link 4K TVU will also display its newest IP based rack-mount point-to-point contribution encoder, the TVU G-Link 4K. Combining one of the most advanced HEVC contribution encoders with the proven technology of IS+, TVU G-Link is able to transmit a 4K P60 4:2:2 HDR video signal over a normal Internet connection at as high as 50mbps. TVU G-Link is designed to meet the most demanding requirements for the highest picture quality available. Media Supply Chain Platform: Powered by MediaMind TVU MediaMind is central to a story-centric workflow and ensuring an efficient and integrated media supply chain. MediaMind helps to make video content visible throughout the supply chain process, allowing all media to become enabled. CNN Newsource has successfully used TVU Grid to distribute live HD feeds to affiliate stations globally. CNN Newsource is also taking advantage of a part of the MediaMind workflow with the use of metadata descriptions tagged to each of the feeds. Extreme Remote Mobile Production TVU Remote Production System (RPS) enables synchronized multi-camera remote production using a broadcaster's existing studio control room and a public Internet connection from the field. Camera feeds are transmitted from a remote location back to the studio over IP, reducing the need for extensive on-site production trucks or large crews. Transmissions can be sent straight to the cloud. Events can be produced using cloud-based TVU Producer, a solution whose user-friendly web interface allows producers to make quick cuts, insert graphic overlays from Singular.live's library, switch between multiple sources, manage audio, compile highlights and instant replays, capture slow-motion clips, and push finalized content to TV and the Internet - all over IP. For more information about TVU Networks solutions, please visit www.tvunetworks.com. Photo - https://photos.prnasia.com/prnh/20190815/2553200-1?lang=0 Related Links :http://www.tvunetworks.com
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Badanamu Cadets Peaks at Number One on China's Top Children's Animation Channel
British Education Company Encourages STEM Learning on CCTV-14LONDON, Aug. 15, 2019 /PRNewswire/ -- On August 1, 2019, Calm Island's Badanamu Cadets aired on China's top children's entertainment channel, CCTV-14. Badanamu Cadets received an overwhelming response from families across the nation, topping at number one in ratings on CCTV-14 and number two in ratings among all children's channels in China. In addition, the animation received more than 6 million likes on CCTV's streaming channel over a span of 4 days. Badanamu Cadets reaches number one in ratings on CCTV-14. Badanamu Cadets is an educational children's animation that introduces the exciting world of science, technology, engineering, and math (STEM). The series follows Bada, the main protagonist, and his fellow Cadets on their missions to keep the world of Badanamu safe from mischief and destruction. Each thrilling adventure is full of action, humor, and surprises. Courageous and determined, the Cadets teach young viewers moral lessons as they surpass every challenge they face. The series targets children ages 4 to 8 and is currently dubbed and aired in select countries including, China, France, Vietnam, South Korea, and Indonesia. All the episodes are also available in English on both the Google Play Store and Apple App Store through the Badanamu Cadets application. Calm Island looks forward to continuing the action-packed series with new seasons planned for production in early 2020. About Calm Island Co., Ltd. Calm Island is an education technology company that pairs emotionally engaging content with science and data to improve early childhood reading and literacy levels. Through its educational brand, Badanamu, Calm Island provides learning solutions in over 30 countries across the globe. Photo - https://photos.prnasia.com/prnh/20190814/2551779-2?lang=0
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Vipshop Reports Unaudited Second Quarter 2019 Financial Results
Conference Call to Be Held at 8:00 A.M. U.S. Eastern Time on August 15, 2019GUANGZHOU, China, Aug. 15, 2019 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced its unaudited financial results for the second quarter ended June 30, 2019. Second Quarter 2019 Highlights Total net revenue for the second quarter of 2019 increased by 9.7% year over year to RMB22.7 billion (US$3.3 billion) from RMB20.7 billion in the prior year period. GMV[1] for the second quarter of 2019 increased by 11% year over year to RMB35.1 billion from RMB31.6 billion in the prior year period. Gross profit for the second quarter of 2019 increased by 25.9% year over year to RMB5.1 billion (US$741.3 million) from RMB4.0 billion in the prior year period. Net income attributable to Vipshop's shareholders for the second quarter of 2019 increased by 19.3% year over year to RMB813.5 million (US$118.5 million) from RMB681.6 million in the prior year period. Non-GAAP net income attributable to Vipshop's shareholders[2] for the second quarter of 2019 increased by 84.2% year over year to RMB1.1 billion (US$154.8 million) from RMB576.9 million in the prior year period. The number of active customers[3] for the second quarter of 2019 increased by 11% year over year to 33.1 million from 29.8 million in the prior year period. Total orders[4] for the second quarter of 2019 increased by 33% year over year to 147.8 million from 111.3 million in the prior year period. Mr. Eric Shen, Chairman and Chief Executive Officer of Vipshop, stated, "We are delighted to have finished the second quarter of 2019 with strong operational and financial results. During the quarter, we continued to demonstrate healthy growth momentum in our total active customers, which increased by 11% year over year. In addition, we recently announced our strategic acquisition of Shan Shan Outlets, aiming to further enhance our ecosystem and explore opportunities in online-and-offline integration. Since we refocused on discount apparel and our profitability, we have seen substantial improvement in our financial results and key operating metrics, proving our strategy is very effective. We remain committed to executing on our merchandising strategy and further expanding our market share in China's discount apparel sector. We are confident that we can continue to deliver steady profitability improvement in the future." Mr. Donghao Yang, Chief Financial Officer of Vipshop, further commented, "We delivered solid financial results this quarter with a substantial improvement in our bottom-line both sequentially and on a year-over-year basis. Additionally, we generated robust free cash flow of RMB1.2 billion during the quarter, which increased by RMB2.2 billion from the prior year period. We continue to focus on our merchandising strategy, particularly in apparel–related categories, in which the GMV grew by 19% year over year in this quarter. The focus on the high margin apparel category has and will enable us to deliver continuous improvement in our gross margin and overall profitability. Going forward, we will continue to closely monitor the return on investment from all our businesses, especially that of our investment in offline stores. We aim to achieve balanced top- and bottom-line growth and are committed to delivering long-term, sustainable shareholder return." Second Quarter 2019 Financial Results REVENUE Total net revenue for the second quarter of 2019 increased by 9.7% year over year to RMB22.7 billion (US$3.3 billion) from RMB20.7 billion in the prior year period, primarily driven by the growth in the number of total active customers. GROSS PROFIT Gross profit for the second quarter of 2019 increased by 25.9% year over year to RMB5.1 billion (US$741.3 million) from RMB4.0 billion in the prior year period. Gross margin for the second quarter of 2019 increased to 22.4% from 19.5% in the prior year period. OPERATING EXPENSES Total operating expenses for the second quarter of 2019 were RMB4.2 billion (US$612.5 million), as compared with RMB3.9 billion in the prior year period. As a percentage of total net revenue, total operating expenses for the second quarter of 2019 decreased to 18.5% from 18.9% in the prior year period. Fulfillment expenses for the second quarter of 2019 were RMB2.2 billion (US$320.3 million), as compared with RMB1.9 billion in the prior year period. As a percentage of total net revenue, fulfillment expenses for the second quarter of 2019 were 9.7%, as compared with 9.1% in the prior year period, primarily attributable to a write-down of RMB275.5 million related to the Zhaoqing warehouse due to land subsidence during construction. Excluding the write-down, fulfillment expenses as a percentage of total net revenue for the quarter were 8.5%. Marketing expenses for the second quarter of 2019 decreased to RMB877.6 million (US$127.8 million) from RMB899.6 million in the prior year period. As a percentage of total net revenue, marketing expenses for the second quarter of 2019 decreased to 3.9% from 4.3% in the prior year period. Technology and content expenses for the second quarter of 2019 decreased to RMB422.3 million (US$61.5 million) from RMB510.6 million in the prior year period. As a percentage of total net revenue, technology and content expenses for the second quarter of 2019 decreased to 1.9% from 2.5% in the prior year period. General and administrative expenses for the second quarter of 2019 were RMB706.3 million (US$102.9 million), as compared with RMB615.2 million in the prior year period. As a percentage of total net revenue, general and administrative expenses for the second quarter of 2019 were 3.1%, as compared with 3.0% in the prior year period. INCOME FROM OPERATIONS Income from operations for the second quarter of 2019 increased by 141.2% year over year to RMB965.4 million (US$140.6 million) from RMB400.3 million in the prior year period. Operating margin for the second quarter of 2019 increased to 4.2% from 1.9% in the prior year period. Non-GAAP income from operations[5] for the second quarter of 2019, which excludes share-based compensation expenses and amortization of intangible assets resulting from business acquisitions, increased by 97.6% year over year to RMB1.2 billion (US$171.2 million) from RMB594.8 million in the prior year period. Non-GAAP operating income margin[6] for the second quarter of 2019 increased to 5.2% from 2.9% in the prior year period. NET INCOME Net income attributable to Vipshop's shareholders for the second quarter of 2019 increased by 19.3% year over year to RMB813.5 million (US$118.5 million) from RMB681.6 million in the prior year period. Net margin attributable to Vipshop's shareholders for the second quarter of 2019 increased to 3.6% from 3.3% in the prior year period. Net income attributable to Vipshop's shareholders per diluted ADS[7] for the second quarter of 2019 increased to RMB1.21 (US$0.18) from RMB0.99 in the prior year period. Non-GAAP net income attributable to Vipshop's shareholders for the second quarter of 2019, which excludes (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from business acquisitions and equity method investments, (iii) tax effect of amortization of intangible assets resulting from business acquisitions, (iv) investment gain and revaluation of investments excluding dividends, (v) tax effect of investment gain and revaluation of investments excluding dividends, and (vi) share of gain in investment of limited partnership that is accounted for as an equity method investee, increased by 84.2% year over year to RMB1.1 billion (US$154.8 million) from RMB576.9 million in the prior year period. Non-GAAP net margin attributable to Vipshop's shareholders[8] for the second quarter of 2019 increased to 4.7% from 2.8% in the prior year period. Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS[9] for the second quarter of 2019 increased to RMB1.58 (US$0.23) from RMB0.84 in the prior year period. For the quarter ended June 30, 2019, the Company's weighted average number of ADSs used in computing diluted income per ADS was 673,241,463. BALANCE SHEET AND CASH FLOW As of June 30, 2019, the Company had cash and cash equivalents and restricted cash of RMB7.8 billion (US$1.1 billion) and short term investments of RMB238.3 million (US$34.7 million). For the quarter ended June 30, 2019, net cash from operating activities was RMB3.4 billion (US$500.9 million), and free cash flow[10], a non-GAAP measurement of liquidity, was as follows: For the three months ended Jun 30, 2018 RMB'000 Jun 30, 2019 RMB'000 Jun 30, 2019 US$'000 Net cash from operating activities (502,235) 3,438,809 500,919 Add: Impact from Internet financing activities[11] 469,515 (1,254,977) (182,808) Less: Capital expenditures (870,103) (936,124) (136,362) Free cash flow (out)/in (902,823) 1,247,708 181,749 For the trailing twelve months ended Jun 30, 2018 RMB'000 Jun 30, 2019 RMB'000 Jun 30, 2019 US$'000 Net cash from operating activities 187,270 10,207,552 1,486,898 Add: Impact from Internet financing activities[11] 1,990,180 (1,829,324) (266,471) Less: Capital expenditures (2,901,367) (3,954,839) (576,087) Free cash flow (out)/in (723,917) 4,423,389 644,340 Business Outlook For the third quarter of 2019, the Company expects its total net revenue to be between RMB17.8 billion and RMB18.7 billion, representing a year-over-year growth rate of approximately 0% to 5%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which is subject to change. Exchange Rate The Company's business is primarily conducted in China and the significant majority of revenues generated are denominated in Renminbi. This announcement contains currency conversions of Renminbi amounts into U.S. dollars solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars are made at a rate of RMB6.8650 to US$1.00, the effective noon buying rate for June 28, 2019 as set forth in the H.10 statistical release of the Federal Reserve Board. No representation is made that the Renminbi amounts could have been, or could be, converted, realized or settled into U.S. dollars at that rate on June 28, 2019, or at any other rate. Conference Call Information The Company will hold a conference call on Thursday, August 15, 2019 at 8:00 am Eastern Time or 8:00 pm Beijing Time to discuss its financial results and operating performance for the second quarter 2019. United States: +1-845-675-0437 International Toll Free: +1-866-519-4004 China Domestic: 400-6208-038 Hong Kong: +852-3018-6771 Conference ID: #9137629 The replay will be accessible through August 23, 2019 by dialing the following numbers: United States Toll Free: +1-855-452-5696 International: +61-2-8199-0299 Conference ID: #9137629 A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.vip.com. About Vipshop Holdings Limited Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit www.vip.com. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Vipshop's strategic and operational plans, contain forward-looking statements. Vipshop may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Vipshop's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Vipshop's goals and strategies; Vipshop's future business development, results of operations and financial condition; the expected growth of the online discount retail market in China; Vipshop's ability to attract customers and brand partners and further enhance its brand recognition; Vipshop's expectations regarding demand for and market acceptance of flash sales products and services; competition in the discount retail industry; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Vipshop's filings with the SEC. All information provided in this press release is as of the date of this press release, and Vipshop does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Use of Non-GAAP Financial Measures The condensed consolidated financial information is derived from the Company's unaudited interim condensed consolidated financial statements prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), except that comparative consolidated statements of income and cash flows for the period presented and detailed footnote disclosures required by Accounting Standards Codification 270, Interim Reporting ("ASC270"), have been omitted. Vipshop uses non-GAAP net income attributable to Vipshop's shareholders, non-GAAP net income attributable to Vipshop's shareholders per diluted ADS, non-GAAP income from operations, non-GAAP operating income margin, non-GAAP net margin attributable to Vipshop's shareholders, and free cash flow, each of which is a non-GAAP financial measure. Non-GAAP net income attributable to Vipshop's shareholders is net income attributable to Vipshop's shareholders excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from business acquisitions and equity method investments, (iii) tax effect of amortization of intangible assets resulting from business acquisitions, (iv) investment gain and revaluation of investments excluding dividends, (v) tax effect of investment gain and revaluation of investments excluding dividends, and (vi) share of gain in investment of limited partnership that is accounted for as an equity method investee. Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS is computed using non-GAAP net income attributable to Vipshop's shareholders divided by weighted average number of diluted ADS outstanding for computing diluted earnings per ADS. Non-GAAP income from operations is income from operations excluding share-based compensation expenses and amortization of intangible assets resulting from business acquisitions. Non-GAAP operating income margin is non-GAAP income from operations as a percentage of total net revenue. Non-GAAP net margin attributable to Vipshop's shareholders is non-GAAP net income attributable to Vipshop's shareholders as a percentage of total net revenue. Free cash flow is net cash from operating activities adding back the impact from Internet financing activities and less capital expenditures, which include purchase and deposits of property and equipment and land use rights, and purchase of other assets. Impact from Internet financing activities added back or deducted from free cash flow contains changes in the balances of financial products, which are primarily consumer financing and supplier financing that the Company provides to customers and suppliers. The Company believes that separate analysis and exclusion of the non-cash impact of (a) share-based compensation, (b) amortization of intangible assets, (c) investment gain and revaluation of investments excluding dividends, and (d) share of gain in investment of limited partnership that is accounted for as an equity method investee adds clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses these non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of (1) non-cash share-based compensation expenses, (2) amortization of intangible assets, (3) investment gain and revaluation of investments excluding dividends, and (4) share of gain in investment of limited partnership that is accounted for as an equity method investee. Free cash flow enables the Company to assess liquidity and cash flow, taking into account the impact from Internet financing activities and the financial resources needed for the expansion of fulfillment infrastructure and technology platform. Share-based compensation expenses and amortization of intangible assets have been and will continue to be significant recurring expenses in its business. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. One of the key limitations of free cash flow is that it does not represent the residual cash flow available for discretionary expenditures. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Vipshop Holdings Limited Reconciliations of GAAP and Non-GAAP Results" at the end of this release. [1] "Gross merchandise value (GMV)" is defined as the total Renminbi value of all products and services sold through the Company's online sales business, online marketplace platform, and offline stores during the relevant period, including through the Company's websites and mobile apps, third-party websites and mobile apps, as well as Vipshop offline stores and Vipmaxx offline stores that were fulfilled by either the Company or its third-party merchants, regardless of whether or not the goods were delivered or returned. GMV includes shipping charges paid by buyers to sellers. For prudent considerations, the Company does not consider products or services to be sold if the relevant orders were placed and canceled pre-shipment and only included orders that left the Company's or other third-party vendors' warehouses. [2] Non-GAAP net income attributable to Vipshop's shareholders is a non-GAAP financial measure, which is defined as net income attributable to Vipshop's shareholders excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from business acquisitions and equity method investments, (iii) tax effect of amortization of intangible assets resulting from business acquisitions, (iv) investment gain and revaluation of investments excluding dividends, (v) tax effect of investment gain and revaluation of investments excluding dividends, and (vi) share of gain in investment of limited partnership that is accounted for as an equity method investee. [3] "Active customers" is defined as registered members who have purchased from the Company or the Company's online marketplace platforms at least once during the relevant period. [4] "Total orders" is defined as the total number of orders placed during the relevant period, including the orders for products and services sold through the Company's online sales business and the Company's online marketplace platforms, net of orders returned. [5] Non-GAAP income from operations is a non-GAAP financial measure, which is defined as income from operations excluding share-based compensation expenses and amortization of intangible assets resulting from business acquisitions. [6] Non-GAAP operating income margin is a non-GAAP financial measure, which is defined as non-GAAP income from operations as a percentage of total net revenues. [7] "ADS" means American depositary share, each of which represents 0.2 Class A ordinary share. [8] Non-GAAP net margin attributable to Vipshop's shareholders is a non-GAAP financial measure, which is defined as non-GAAP net income attributable to Vipshop's shareholders, as a percentage of total net revenues. [9] Non-GAAP net income attributable to Vipshop's shareholders per diluted ADS is a non-GAAP financial measure, which is defined as non-GAAP net income attributable to Vipshop's shareholders, divided by the weighted average number of diluted ADS outstanding for computing diluted earnings per ADS. [10] Free cash flow is a non-GAAP financial measure, which is defined as net cash from operating activities adding back the impact from Internet financing activities and less capital expenditures, which include purchase and deposits of property and equipment and land use rights, and purchase of other assets. [11] Impact from Internet financing activities represents net cash flow relating to the Company's financial products, which are primarily consumer financing and supplier financing that the Company provides to customers and suppliers. Vipshop Holdings Limited Unaudited Condensed Consolidated Statements of Income and Comprehensive Income (In thousands, except for share and per share data) Three Months Ended June 30, 2018 March 31, 2019 June 30, 2019 June 30, 2019 RMB'000 RMB'000 RMB'000 USD'000 Product revenues 20,103,555 20,459,633 21,721,951 3,164,159 Other revenues(1) 634,820 858,983 1,021,767 148,837 Total net revenues 20,738,375 21,318,616 22,743,718 3,312,996 Cost of revenues (16,694,602) (16,962,283) (17,654,577) (2,571,679) Gross profit 4,043,773 4,356,333 5,089,141 741,317 Operating expenses: Fulfillment expenses(2) (1,897,097) (1,761,770) (2,198,543) (320,254) Marketing expenses (899,581) (780,920) (877,573) (127,833) Technology and content expenses (510,603) (382,956) (422,314) (61,517) General and administrative expenses(3) (615,169) (668,920) (706,252) (102,877) Total operating expenses (3,922,450) (3,594,566) (4,204,682) (612,481) Other operating income 278,960 101,404 80,904 11,785 Income from operations 400,283 863,171 965,363 140,621 Investment gain and revaluation of investments 309,059 214,085 15,012 2,187 Interest expense (39,003) (31,983) (12,194) (1,776) Interest income 62,272 70,560 41,732 6,079 Foreign exchange gain(loss) 79,557 (41,631) 30,920 4,504 Income before income tax expense and share of gain of equity method investees 812,168 1,074,202 1,040,833 151,615 Income tax expenses(4) (125,486) (243,897) (213,392) (31,084) Share of gain (loss) of equity method investees 2,092 46,659 (9,572) (1,394) Net income 688,774 876,964 817,869 119,137 Net gain attributable to noncontrolling interests (7,130) (4,682) (4,351) (634) Net income attributable to Vipshop's shareholders 681,644 872,282 813,518 118,503 Shares used in calculating earnings per share(5): Weighted average number of Class A and Class B ordinary shares: --Basic 132,138,434 133,037,380 133,403,777 133,403,777 --Diluted 140,270,995 139,290,699 134,648,293 134,648,293 Net earnings per Class A and Class B ordinary share Net income attributable to Vipshop's shareholders -- Basic 5.16 6.56 6.10 0.89 Net income attributable to Vipshop's shareholders -- Diluted 4.97 6.33 6.04 0.88 Net earnings per ADS (1 ordinary share equals to 5 ADSs) Net income attributable to Vipshop's shareholders -- Basic 1.03 1.31 1.22 0.18 Net income attributable to Vipshop's shareholders -- Diluted 0.99 1.27 1.21 0.18 (1) Other revenues primarily consist of revenues from third-party logistics services, product promotion and online advertising, fees charged to third-party merchants which the Company provides platform access for sales of their products, interest income from microcredit and consumer financing services, and inventory and warehouse management services to certain suppliers. (2) Fulfillment expenses include shipping and handling expenses, which amounted RMB 1.14 billion, RMB 1.1 billion and RMB 1.21 billion in the three month periods ended June 30,2018, March 31,2019 and June 30,2019, respectively. (3) General and administrative expenses include amortization of intangible assets resulting from business acquisitions, which amounted to RMB 0.6 million, RMB 0.6 million and RMB 0.5 million in the three month periods ended June 30,2018, March 31,2019 and June 30,2019, respectively. (4) Income tax expenses include income tax benefits of RMB 0.2 million, RMB 0.2 million and RMB 0.1 million related to the reversal of deferred tax liabilities, which was recognized on business acquisitions for the three month periods ended June 30,2018, March 31,2019 and June 30,2019, respectively. (5) Authorized share capital is re-classified and re-designated into Class A ordinary shares and Class B ordinary shares, with each Class A ordinary share being entitled to one vote and each Class B ordinary share being entitled to ten votes on all matters that are subject to shareholder vote. Three Months Ended June 30, 2018 March 31, 2019 June 30, 2019 June 30, 2019 RMB'000 RMB'000 RMB'000 USD'000 Share-based compensation expenses included are as follows Fulfillment expenses 21,217 19,466 37,497 5,462 Marketing expenses 11,501 10,843 10,970 1,598 Technology and content expenses 62,542 52,605 58,010 8,450 General and administrative expenses 98,658 89,813 103,048 15,011 Total 193,918 172,727 209,525 30,521 Vipshop Holdings Limited Unaudited Condensed Consolidated Balance Sheets
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Victory Hill Exhibitions Launches 2nd Largest LED Digital Display Along Las Vegas Strip
Opportunity for advertisers to reach 45 million visitors Curved LED display at Treasure Island to be 2nd largest on the Las Vegas Strip Display system to utilize latest 5k+ media display technology LED Project 3 Years in the making by Cityneon Project Team New Incremental Revenue & Profit stream for Cityneon, parent company of Victory Hill Exhibitions LAS VEGAS, Aug. 14, 2019 /PRNewswire/ -- Victory Hill Exhibitions, a subsidiary of Cityneon Holdings, announces it is currently constructing one of the highest resolution displays in Las Vegas along Las Vegas Blvd. Scheduled for completion in early 2020, the iconic display measuring 45 feet high and more than 175 feet long is being built by Media Resources and Hight Impacts Signs and will replace the iconic Marvel's Avengers Station static sign. Victory Hill Exhibitions Launches 2nd Largest LED Digital Display Along Las Vegas Strip Three years in the making, the curved LED digital display system will utilize 5k+ media display technology designed with ultra-high reliability, top-level components and industry-leading redundancy and uptime. The display will be supported with real-time monitoring and alerts offering a very high level of performance for advertisers, providing the opportunity to share messaging with the millions of passengers that drive and walk by the heavily traveled intersection. "This project is three years in the making. We are delivering, yet again, on another promise we made when we first opened the Marvel's Avengers Station exhibition in 2016 at Treasure Island in Las Vegas. This is a break-through opportunity for Victory Hill Exhibitions that will provide a fresh, new and immediate incremental revenue stream for our company," said Ron Tan, Executive Chairman & Group CEO of Cityneon Holdings. "The second largest curved LED screen in Las Vegas, the display will provide untapped potential for advertisers to share their brand and messages with the 45 million annual visitors who travel into and along the Las Vegas Strip." Big Outdoor is chosen as the media partner to handle the sales and marketing for the screen. Big Outdoor owns and operates iconic OOH signage nationwide and continues to expand their digital signage footprint in high profile urban areas with projects such as Victory Park in Dallas and Santa Monica Place. Brad Berkley, Chief Executive Officer of Big Outdoor, said, "Big Outdoor is excited to partner with Victory Hill Exhibitions to bring this iconic digital asset to the Las Vegas market. This location will not only create value for our real estate partners but will also allow our clients to connect brands and advertisers with a truly unique signage opportunity on the Las Vegas Strip." Victory Hill Exhibitions is the exhibition production company behind two popular interactive exhibits on the Las Vegas Strip, Marvel's Avengers Station located at Treasure Island Hotel & Casino and The Hunger Games: The Exhibition at MGM Grand Hotel & Casino. Victory Hill ExhibitionsVictory Hill Exhibitions is a subsidiary of Cityneon Holdings, and is an exhibition production company which strives to create interactive exhibits that attract visitors and have educational value. With 25 years of experience and cooperation with pioneers in technology from around the world, Victory Hill is able to create astounding interactive experiences, and can adapt based on our clients' needs to satisfy each and every unique need. Cityneon HoldingsWith its global reach and international partnerships, Cityneon has the capability to serve its clients anywhere in the world. Cityneon was listed on the Mainboard of the Singapore Stock Exchange since 2005, and was privatised on February 2019 by West Knighton Limited, a company wholly owned by Cityneon's Executive Chairman & Group CEO Ron Tan together with Hong Kong veteran entrepreneur and investor Johnson Ko Chun Shun. Johnson is a capital markets veteran and has held controlling interests and directorships in many listed companies. On 14 May 2019, Cityneon welcomed CITIC Capital as a new shareholder whom holds 10.61% shares in Cityneon. CITIC Capital is part of CITIC Group, one of China's largest conglomerates, and has over US$25 billion of assets under its management across 100 funds and investment products globally. For more information, please visit www.cityneon.net. Big OutdoorWith offices in Los Angeles, Dallas and New York, Big Outdoor has established itself as a fully integrated, privately-held outdoor advertising company. Its primary focus is to build relationships with key real estate partners while enhancing the value of their properties through highly visible advertising solutions. For more information, please visit www.bigoutdoor.com. Photo - https://photos.prnasia.com/prnh/20190814/2549241-1?lang=0 Related Links :https://cityneon.net/http://www.cityneon.net
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This Independence Day, Give India's Children The Childhood They Deserve
NEW DELHI, Aug. 14, 2019 /PRNewswire/ -- India gained independence 72 years ago, and is currently on a trajectory of development that will hopefully lead her to become a roaring economy of $5 trillion by the next five years. Over the past 7 decades, the country has witnessed astounding progress and achieved some milestones one can truly boast of. But a closer look at the reality suggests that while the country has grown by leaps and bounds, a large section of India's children are still denied of their basic rights – their rights to education, to health and nutrition, to safety or to be free from exploitation. While the Government has taken quite a few measures to address the reality, recent statistics show that 1 in every 3 children in India are still under-nourished (NFHS-4), 1 in 10 are engaged in child labour (Census 2011), 3 in 10 complete age-appropriate education (U-DISE 16-17), and 1 in every 3 child brides in the world is a girl from India (UNICEF). Puja Marwaha, CEO of CRY – Child Rights & You observes, "Amidst India's fast-paced growth, a large section of our children is denied of childhood which is free of challenges. As we celebrate our 73rd Independence Day, it's imperative to recognize that for them the struggle for freedom still continues." "This was the reason the organization set off in its journey four decades ago," Puja recollects. "Since 1979, we have been working relentlessly to bridge the gap between people who work to bring change for children at the grassroots, and people who have resources to make it possible." "Celebration of India's independence is incomplete when children, one-third of the country's total population, are struggling for freedom from various social challenges. To change the status and empower them, individuals from all factions of the society and from all walks of life should come forward and contribute in bringing the perspective shift for children," Puja Marwaha adds. CRY - Child Rights and You is an Indian NGO that believes in every child's right to a happy, healthy and creative childhood. For the last 40 years, CRY through its 850 initiatives have worked to ensure lasting change in the lives of more than 3 million underprivileged children, across 19 states in India. For more information please visit us at http://www.cry.org/ . For media queries contact Abhik Bhattacharya at abhik.bhattacharya@crymail.org
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Bangkok Dusit Medical Services Plc. Champions Awareness
Around Healthy Living Through Sponsorship of CNN's Vital Signs HONG KONG, Aug. 13, 2019 /PRNewswire/ -- Bangkok Dusit Medical Services Public Company Limited (BDMS), Thailand's largest private healthcare group strengthens its partnership with CNN International Commercial (CNNIC) with the sponsorship of 'Vital Signs' hosted by multiple Emmy award-winning chief medical correspondent Dr. Sanjay Gupta. 'Vital Signs' launched its 2019 series in August and includes five 30-min episodes airing monthly with a final episode in December as Dr. Sanjay Gupta unearths the most important medical stories and the secrets for longer and more healthy living. In a new offering for 2019 'Vital Signs' will dedicate a segment in each episode for CNN's 'Live Longer' in which Dr. Gupta will examine how, through activities and practices, people around the world are living longer. Additionally, a series of digital stories will launch on CNN Health that helps users learn more about living a healthier life, based around key health issues that Dr. Gupta will explore in 'Vital Signs'. Through this sponsorship and advertising campaign with CNN, BDMS aims to champion and enable healthy living by aligning with content on how health issues can be prevented, detected and treated effectively. This mission is in line with Thailand's high ranking in medical tourism destinations, as shown by the country's #3 global ranking in the 2018 International Medical Travel Journal. ''We are excited to support BDMS on their mission of inculcating a culture of healthy living,'' said Sunita Rajan, Senior Vice President, Advertising Sales, Asia Pacific, CNN International Commercial. "This partnership is aimed at delivering impactful content by aligning the BDMS brand and positioning its wealth of expertise amongst CNN's global audiences. We are confident that through this strong cross-platform partnership BDMS and CNN will help deliver world-class content to create awareness around health topics brought to the forefront by medical experts." Mrs. Narumol Noi-am, Acting President, Bangkok Dusit Medical Services Public Company Limited said, "BDMS is committed towards creating an environment that promotes healthy living and awareness around medical conditions. We are confident that this collaboration will provide a global perspective on how health issues are detected and treated while sharing innovations around medical science which organisations like ours are committed towards. It is important that we remain at the forefront of healthcare excellence to showcase Thailand's medical prowess that makes the country a leading destination for quality medical care." This partnership also continues BDMS' sponsorship of flagship news program ' Anderson Cooper 360 ' on CNN International's Asia feed. Digital videos of AC360 TV content will run across CNN.com. BDMS also extends sponsorship of the 'Live Longer' digital specials page for a second year. The first episode of Vital Signs aired on CNN International's Asia feed on August 10. BDMS is one of the most prestigious hospital networks in the Asia-Pacific region, with 26 hospitals and clinical programs out of a total of 47 hospitals across the BDMS network in Thailand and Cambodia that have been accredited by the Joint Commission International (JCI). BDMS offers world-class medical care and treatment for both local and international patients, complemented by the latest medical technology and Thai hospitality . About CNN International Commercial CNN International Commercial (CNNIC) is responsible for the business operations of CNN's properties outside of the United States. All commercial activities for brands such as CNN International, CNN en Español, CNN Arabic, CNN Style, CNN Business and Great Big Story are aligned within the division. This encompasses the advertising sales, sponsorship partnerships, commercial content development, content sales, brand licensing, distribution and out-of-home operations, business development and marketing for the world's leading international news provider. CNNIC is a recognised industry leader in international advertising sales and its use of award-winning commercial content, produced through its Create unit and driven by its advanced data usage and digital capabilities, has resulted in strong and enduring partnerships with many of the world's most recognised brands. Its Content Sales and Licensing unit has relationships with more than 1,000 affiliates ranging from licensing the CNN brand through to content supply contracts as well as offering consultancy services. CNNIC has offices across the world, with key hubs in London, Hong Kong and Miami. For more information visit http://commercial.cnn.com. About Bangkok Dusit Medical Services Bangkok Dusit Medical Services Public Company Limited (BDMS) is Thailand's largest-network, medical service operator and is the leader of healthcare solutions provider. Today, BDMS owns and manages six major hospital groups (Bangkok Hospital-, Samitivej Hospital-, BNH Hospital, Phyathai Hospital, Paolo Hospital and the Royal Hospital) with 45 medical facilities located in Thailand's popular destinations nationwide, including 2 hospitals in the neighboring country of Cambodia. BDMS also established BDMS Wellness Clinic, the prestigious preventive healthcare services with the usage of advanced technology in genetic and molecular science to fully explore the physical condition down to its root cause. Among BDMS's subsidiaries providing healthcare solutions, there are National Healthcare Systems -- largest blood diagnosis centre in Thailand and ranks No.1 in Asia Pacific, A.N.B. Laboratories & MedicPharma - laboratory and pharmaceutical product manufacturers, BDMS Medevac Center (BMC) is fully equipped to facilitate long-haul air repatriation worldwide, and our doctors and nurses are trained to provide the highest level of emergency assistance by land, sea and air. For further information, please visit http://www.bdms.co.th/ Related Links :http://commercial.cnn.comhttp://www.bdms.co.th/
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Higher Levels of Automation Expand Revenue Potential for Analytical Instrumentation Manufacturers
Pharmaceuticals, biotechnology, and academics emerge major adopters of analytical equipment, finds Frost & Sullivan SANTA CLARA, California, Aug. 13, 2019 /PRNewswire/ -- The rise of the Industrial Internet of Things (IIoT) has given a significant boost to the global analytical instrumentation market, making it more automated, data centric, and production oriented. This trend, along with customer demand for efficient analyzers, are prompting analytical equipment manufacturers to offer new solutions that simplify the analytical process, improve automation, store data, and enable access to this data for common use cases. Driven by clients' high throughput and efficiency needs, the total market is expected to grow from $19.58 billion in 2018 to $20.81 in 2019. "Analytical equipment, including liquid chromatographs and mass spectrometers, will be increasingly used as diagnostic equipment due to the sensitivity and efficiency requirements of diagnostic applications," said Janani Balasundar Research Analyst Measurement & Instrumentation. "Pharmaceuticals, biotechnology, academics, and food testing will be the primary end users of analytical instrumentation. However, there will be a dip in demand for gas chromatographs and gas analyzers due to the slowdown in the chemicals & petrochemicals and oil & gas markets because of fluctuating oil prices and resource scarcity." Frost & Sullivan's recent analysis, Outlook of Global Analytical Instrumentation Market, 2019, is segmented by the product sectors of chromatography, molecular analysis spectroscopy, elemental analysis spectroscopy, mass spectrometry (MS), analytical microscopes, gas analyzers, liquid analyzers, and analytical x-ray instrumentation. It covers the geographic regions of North America, Europe, Asia-Pacific, and Rest-of-World. For further information on this analysis, please visit: http://frost.ly/3on "The market will be bolstered by the strong demand from Asia-Pacific, particularly, India and China," noted Balasundar. "Analytical equipment manufacturers providing training, awareness, and application knowledge will experience considerable expansion in the emerging markets." For additional revenue opportunities in the global market, instrumentation manufacturers will look to: Develop a common data platform that can store and retrieve data in a common format for complex analytical processes. Simplify the user interface and functionality of the equipment to make them easy-to-use for laboratory technicians. Offer predefined templates and method documentation solutions. Provide a simple push and play operation for operators with inadequate training or skills. Outlook of Global Analytical Instrumentation Market, 2019 is part of Frost & Sullivan's global Test & Measurement Growth Partnership Service program. About Frost & Sullivan For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Outlook of Global Analytical Instrumentation Market, 2019K38A-30 Contact:Jaylon BrinkleyE: jaylon.brinkley@frost.com http://ww2.frost.comRelated Links :http://www.frost.com
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iKala Provides Google Cloud Marketing Analytics Solutions for EC Industry
TAIPEI, Taiwan, Aug. 12, 2019 /PRNewswire/ -- Drawing from its rich experience in data-driven marketing and digital transformation solutions, iKala GCP.expert has invented a Cloud for Marketing (C4M) strategic structure. Utilizing its Big Data Lake solution, and with Google Cloud's powerful data analytics and AI technology at its core, iKala can help customers quickly implement four smart marketing strategies to efficiently complete their digital transformation, while increasing the revenue and value of the company brand. iKala C4M (Cloud for Marketing) strategic blueprint. Four core strategies -- performance ads, omni-channel customer journey optimization, scenario-oriented recommendation, AI powered persona for contextual marketing -- are integrated on the iKala Big Data Lake solution. Trust the Data: Four E-Commerce Marketing Tips from iKala Strategy #1: Performance Ads First, measure the quantitative result of every advertisement placed by establishing a media evaluation mechanism. Then, perform a multifaceted comprehensive evaluation that offers insight on the audience overlap of different media ads. By identifying which media platforms complement or detract from one another, it will raise the efficacy of the ad placements. Strategy #2: Omni-Channel Customer Journey Optimization Track the customer's journey, improve their perceived value, and create a suitable user scenario. By tracking the consumer across multiple devices (whether it's smart phone, tablet, or computer) in real-time, users can gain insight on the customer's behavior, and optimize the buyer's journey. By recommending products in a customized scenario, it can dramatically decrease websites' bounce rate, maximize conversion rate, and ultimately achieve the goal of increasing sales. Strategy #3: Scenario-Oriented Recommendation Gain insight on your client by improving customer intimacy. Utilize the process of feature engineering to build a precise profile of your customer. Construct a data mining model and predictive analytics model to better understand user habits, life cycles, retention and repurchase projections, etc. The ultimate goal is to build a long-term customer relationship by accurately grasping the principle of the 5 Ws: Who is your user group? When are they exposed to your message? What is the content of your message? Which part of your message takes top priority? Where will you place this message for users to see? Strategy #4: AI Powered Persona for Contextual Marketing Using machine learning to construct analytics and predictive models offers a more multifaceted view of the big picture. In the past, the RFM model was widely used. This model measures the recency, frequency, and monetary value of customer spending; however, a marketing strategy boxed in by these three dimensions fails to take other users' behaviors into account, and so it may be inadequate to respond to market needs. Intelligent empowerment uses AI to enhance the model, allowing branded e-commerce companies to see a complete customer profile in real time, thus achieving the objective of precision marketing. As Traffic Growth Tapers Off, Marketing Becomes More Fragmented As the cost of digital advertising continues to rise, and more and more providers enter the market, internet users' growth has not only slowed down, but the user population is also showing signs of shrinkage. The era when traffic growth could be boosted by the increasing number of people going online has officially come to an end. And there is more for digital marketing teams in branded e-commerce companies to fret about. As consumers gain access to an increasing number of different devices, they are inundated by information. Digital marketing campaigns are not just competing with one another; they must wrest the users' attention from other distractions, such as social media. Fragmentary marketing data is spread across multiple channels. If these valuable puzzle pieces cannot be collected and cobbled together a complete story, the companies will never get a comprehensive picture of who they are selling to. iKala GCP.expert Retail & EC Solution PageiKala GCP.expert Customer Success StoriesA look back: iKala Propels Big Data-Driven Precision Marketing with Google Cloud Combine Technology with Creativity to Enhance Brand Experience As digital marketing and the e-commerce industry continue to transform, marketing specialists must remain flexible and make full use of the latest technology. They must use analytics tools to better understand the customer, and they must deliver the right message to the right audience through diverse channels, so their creative marketing content could have the intended effect. Based on this concept, iKala has been successful in creating many products that combine technology with creativity. For instance, KOL Radar, the biggest internet influencer matchmaking platform in Taiwan, uses AI technology to optimize its influencer recommendation database. Conceived in Taiwan but operating in Southeast Asia, Shoplus is an online community e-commerce tool that uses intelligent chatbots to meet social sellers' needs. StraaS is a commercial streaming service that combines cloud streaming with AI technology for audio and video application purposes. PicaaS uses AI deep-learning to automatically touch up photos. GCP.expert provides data analytics services for marketing. These are all examples of how an intimate brand experience for customers can be achieved with the support of cutting-edge technology. Learn more about iKala marketing technology: https://ikala.tv/ Media ContactYvonne Yenyvonne.yen@ikala.tv+886-2-8768-1110#326 About iKala GCP.expert iKala GCP.expert is a Google Cloud Premier Partner and Technology Partner with over 40 data scientists and cloud technical specialists on its staff. It is certified as a "Google Cloud Infrastructure", "Data Analytics" and "Marketing Analytics" partner. Helping over 270 enterprises in the Asia-Pacific region using Google Cloud to undergo digital transformation and develop applications for artificial intelligence. Its client base covers multiple industries, including e-commerce, media, finance, gaming, and digital advertisement. Official website: https://gcp.expert/ Official tech blog: https://blog.gcp.expert/ Google Cloud premier partner certification: https://reurl.cc/X7gVa About iKala iKala is a Human-centered AI company that provides Digital Transformation and Data-Driven Marketing solutions for enterprises. Its technology products and marketing services include Shoplus, KOL Radar, GCP.expert, StraaS, Picaas, and CloudAD. Headquartered in Taiwan and operates in Singapore, Japan, Thailand, Vietnam, and Hong Kong, iKala solutions are recognized and used by international brands, including Fortune 500 companies. Over 10,000 advertisers and brands are already using technology developed by iKala to engage in precision marketing. iKala is Google Cloud's biggest partner in the Asia-Pacific region and a Facebook Global Marketing Solution Partner. Photo - https://photos.prnasia.com/prnh/20190806/2544407-1-a?lang=0Related Links :https://ikala.tv
