atfx-officially-launched-two-new-analytical-tools

ATFX Officially Launched Two New Analytical Tools

 

Recently, ATFX officially announced the launch of two new analytics tools for its clients: the market buzz and panoramic views. These two new tools are both from Trading Central. ATFX is working closely with Trading Central to leverage the two firm’s strengths in fintech data.

Supported by the natural language algorithms developed by Trading Central Labs, Market Buzz provides investors with a daily collection of professional news articles, social media posts, and online personal blogs. The different data sources help create a balanced perspective of the markets supplying investors with critical information. Furthermore, the tool can detect 300 real-time market events such as financial reports, changing yields and price fluctuations, providing investors with comprehensive data analysis and a basis for their next steps.

Another tool called Panoramic Views covers the technical, fundamental, news and sentiment analysis to dissect a specific product through multi-dimensional market analysis. The results provide investors with a panoramic view of financial market to facilitate their investments. Additionally, this tool is complemented by a range of accessibility features that allow users to make optimal investment decisions.

ATFX believes that the launch of these two new data analysis tools will further enrich our company’s news layout in the big data environment. Having powerful tools can also bring greater convenience to our investors, which ATFX hopes to achieve.

ATFX
ATFX is an award-winning FX/CFD broker with a global presence offering customer support in over 15 languages. With over 300 tradable financial assets, including currency pairs, commodities, energy, indices, stocks CFDs, and ETF CFDs.  ATFX is regulated by the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. In addition, ATFX is licensed by the Financial Services Commission (FSC) in Mauritius and registered by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.

SOURCE ATFX

synthetic-paper-market-worth-$1,286-million-by-2027-–-exclusive-report-by-marketsandmarkets

Synthetic Paper Market worth $1,286 million by 2027 – Exclusive Report by MarketsandMarkets™

 

According to the new market research report Synthetic Paper Market by Raw Material (BOPP, HDPE, PET, and PVC), Application (Printing, Labels & Tags, Packaging), End-use Industry (Industrial, Institutional, and Commercial/Retail) and Geography – Global Forecast to 2027″, published by MarketsandMarkets™, the global Synthetic Paper Market size is estimated at USD 766 million in 2021 and is projected to reach USD 1,286 million by 2027, at a CAGR of 9.2%, between 2022 and 2027. The growth of the global synthetic paper market is directly related to the strict government regulation against deforestation which results in high demand for conventional resources. For over more four decades, the global demand for paper has increased by 400%, with harvested trees accounting for 35% of all paper produced. The environmentally friendly manufacturing and recyclable nature of synthetic paper will help it gain market share in the forecasted period. The increasing population and urbanization in different world regions are the major determinants of the global synthetic paper market growth. The rise of China as a global manufacturing powerhouse has increased the demand for synthetic paper globally.

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Browse in-depth TOC on “Synthetic Paper Market”
279 – Tables
43 – Figures
203 – Pages

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BOPP is the largest raw material segment of the synthetic paper market

Based on raw materials, the synthetic paper market includes BOPP, HDPE, PET, and PVC. The BOPP raw material segment led the application segment of the market in terms of both value and volume. BOPP is extensively used in applications that require heat stabilities, water and fatigue resistance, high tensile strength, and ease of printing. Due to the ability to be manufactured into a thin transparent substrate, BOPP can be used for labels and printing applications. BOPP can be environmentally friendly and low in toxicity, making this synthetic paper used to pack food items and beverages.

Printing is the largest applications segment of the synthetic paper market

Based on applications, the synthetic paper market is divides into printing, labels & tags, packaging, and others. Printing is the largest application of synthetic paper. It has micropores on the surface, enabling better affinity for ink holding and providing a high-quality finish. Its properties such as durability, tear resistance, water resistance, scratch resistance, and abrasion resistance make it an important substrate against conventional papers. The synthetic paper has a lower static surface, which prevents double feeding and eases the printing process, making synthetic papers suitable with various printers for several printing applications. These printing applications include menus, personalized marketing materials, point of purchase displays, wrist bands, cards/envelopes, tickets/passes, and labels for various end-use industries.

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Asia Pacific is the largest market for synthetic paper market

The Asia Pacific region is projected to be the largest market, in terms of value. Asia Pacific is expected to grow at a CAGR of 9.4% during the forecast period. The growth of Asia-Pacific region can be attributed to the high economic growth rate and various eating habits, packaging & printing preferences of people across different countries of the region. Also, the multiplying population of the region presents a huge customer base for fast-moving consumer goods (FMCG) products and packaged food & beverages, which is expected to lead to the growth of the synthetic paper market during the forecast period. Asia Pacific is the largest and the most promising synthetic paper market and is expected to continue during the forecast period. Rising population, growth in disposable income, rapid industrialization, and increased urbanization are driving the synthetic paper market in Asia Pacific. The market in the region is mainly driven by various end-use industries, such as foods & beverages, cosmetics, pharmaceuticals, chemicals, and manufacturings.

PPG Industries, Inc. (US), Seiko Epson Corporation (Japan), Agfa-Gevaert Group (Belgium), Yupo Corporation (Japan), and Arjobex SAS (France) are key players in synthetic paper market.

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Browse Adjacent Markets: Resins and Polymers Market Research Reports & Consulting

Related Reports:

Specialty Paper Market by Type (Decor Paper, Release Liner Paper, Packaging Paper, and Printing Paper), Application (Building & Construction, Industrial, Packaging & Labeling, and Printing & Writing), Raw Material (Pulp, Fillers & Binders, Additives, and Coatings), & by Region – Global Trends & Forecasts to 2020

https://www.marketsandmarkets.com/Market-Reports/specialty-paper-market-47052108.html

jianpu-technology-inc.-reports-second-six-months-and-fiscal-year-2021-unaudited-financial-results

Jianpu Technology Inc. Reports Second Six Months and Fiscal Year 2021 Unaudited Financial Results

 

Jianpu Technology Inc. (“Jianpu,” or the “Company”) (NYSE: JT), a leading independent open platform for discovery and recommendation of financial products in China, today announced its unaudited financial results for the six months and fiscal year ended December 31, 2021.

Second six months 2021 Operational and Financial Highlights:

  • The credit card volume and number of domestic loan applications for recommendation services respectively increased by 75.0% to approximately 2.1 million and 118.4% to approximately 8.3 million in the second six months of 2021. As a result, total revenues of recommendation services for the second six months of 2021 resumed growth, increasing by 71.4% to RMB320.3 million (US$50.3 million) from RMB186.9 million in the same period of 2020.
  • Revenues from big data and system-based risk management services decreased by 10.4% to RMB67.3 million (US$10.6 million) in the second six months of 2021 from RMB75.1 million in the same period of 2020. The number of paying customers decreased by 27.5% in the second six months of 2021, compared with the same period of 2020.
  • Revenues from advertising and marketing services and other services increased by 240.6% to RMB73.9 million (US$11.6 million) in the second six months of 2021 from RMB21.7 million in the same period of 2020. The increase was mainly attributable to the growth of insurance brokerage services and initiatives of other new businesses.
  • Net loss was RMB108.3 million (US$17.0 million) in the second six months of 2021, compared with RMB186.9 million in the second six months of 2020. Net loss margin was
  • 23.5% in the second six months of 2021, compared with 65.9% in the same period of 2020.
  • Non-GAAP adjusted net loss[1] was RMB96.7 million (US$15.2 million) in the second six months of 2021, compared with Non-GAAP adjusted net loss of RMB215.1 million in the second six months of 2020. Non-GAAP adjusted net loss margin[1] was 21.0 % in the second six months of 2021, compared with 75.8% in the same period of 2020.

Fiscal year 2021 Operational and Financial Highlights:

  • The credit card volume and number of domestic loan applications for recommendation services respectively increased by 32.1% to approximately 3.7 million and 94.3% to approximately 13.6 million in the fiscal year of 2021. As a result, total revenues of recommendation services for the fiscal year of 2021 resumed growth, increasing by 42.2% to RMB575.2 million (US$90.3 million) from RMB404.4 million in the prior year.
  • Revenues from big data and system-based risk management services decreased by 9.6% to RMB130.4 million (US$20.5 million) in the fiscal year of 2021 from RMB144.2 million in the prior year. The number of paying customers decreased by 12.2% in the fiscal year of 2021, compared with the prior year.
  • Revenues from advertising and marketing services and other services increased by 167.2% to RMB99.4 million (US$15.6 million) in the fiscal year of 2021 from RMB37.2 million in the prior year. The increase was mainly attributable to the growth of insurance brokerage services and initiatives of other new businesses.
  • Net loss was RMB204.1 million (US$32.0 million) in the fiscal year of 2021, compared with RMB312.1 million in the prior year. Net loss margin was 25.4% in the fiscal year of 2021, compared with 53.3% in the prior year.
  • Non-GAAP adjusted net loss[1] was RMB186.7 million (US$29.3 million) in the fiscal year of 2021, compared with Non-GAAP adjusted net loss of RMB333.4 million in the prior year. Non-GAAP adjusted net loss margin[1] was 23.2% in the fiscal year of 2021, compared with 56.9% in the prior year.

Mr. David Ye, Co-founder, Chairman, and Chief Executive Officer of Jianpu, commented, “We are pleased to announce that we successfully turned our business around in 2021, with total revenue up 37.4% year-on-year. We managed this via a more diversified and balanced revenue structure. By leveraging our integrated marketing capabilities, we have improved our business efficiency, whilst also expanding our business into other Non-financial categories. We continued to expand our efforts in empowering financial institutions’ digital transformation, and now cooperate with 46 banks and have helped the issuance of over 23 million credit cards cumulatively. There were significant client wins for our big data and system-based risk management services, and our cost optimization initiatives drove margin improvements resulting in a narrowing of Non-GAAP adjusted net loss by 44%.

“These results were primarily driven by our experience navigating through turbulence, our readiness to make changes and adapt to a dynamic environment, and the effective execution of strategies and solid technological capabilities. As part of our vision of “Becoming everyone’s financial partner”, we are continuously innovating our technologies and exploring new growth drivers as we push forth our mission of empowering users and enabling the digital transformation of financial service providers to better serve them.”

Mr. Oscar Chen, Chief Financial Officer of Jianpu, said, “Our second-half and full year results reflect our continuous efforts in business development and optimization, as we continue to capitalize on the ongoing digitization of the financial industry. Despite the tightening macro environment and ongoing pandemic, our business made a turnaround with second-half total revenue up 62.7% year-on-year to RMB461.5 million and fiscal year 2021 revenue up 37.4% to RMB805.0 million. As we continue to make solid progress on our business optimization strategy, our Non-GAAP adjusted net loss continued to narrow. We are also pursuing new opportunities to further diversify our business through leveraging our existing foundation and technologies. The application of omnichannel marketing solutions towards other adjacent categories have delivered strong revenue growth. We believe the scalability and resilience of our business model, as well as our team’s capability to navigate through and adapt to the dynamic environment, will ultimately drive long-term value to our shareholders.”

Second six months 2021 Financial Results

Total revenues for the second six months of 2021 increased by 62.7% to RMB461.5 million (US$72.4 million) from RMB283.6 million in the same period of 2020.

Total revenues from recommendation services increased by 71.4% to RMB320.3 million (US$50.3 million) in the second six months of 2021 from RMB186.9 million in the same period of 2020.

Revenues from recommendation services for credit cards increased by 84.2% to RMB228.0 million (US$35.8 million) in the second six months of 2021 from RMB123.8 million in the same period of 2020. Credit card volume in the second six months of 2021 and 2020 were approximately 2.1 million and 1.2 million, respectively. The average fee per credit card increased to RMB109.9 (US$17.3) in the second six months of 2021 from RMB106.1 in the same period of 2020.

Revenues from recommendation services for loans increased by 46.4% to RMB92.4 million (US$14.5 million) in the second six months of 2021 from RMB63.1 million in the same period of 2020, primarily due to the increase in number of loan applications on our platform. The number of domestic loan applications on the Company’s platform was approximately 8.3 million in the second six months of 2021, representing an increase of approximately 118.4% from the same period of 2020. The average fee per domestic loan application decreased to RMB10.5 (US$1.6) in the second six months of 2021 from RMB12.7 in the same period of 2020. The recommendation revenue of loans generated from overseas markets accounted for 5.4% of total loan recommendation revenues in the second six months of 2021, less contribution than the same period of 2020. The global COVID-19 pandemic and the associated inability to travel globally has negatively impacted our overseas business.

Revenues from big data and system-based risk management services decreased by 10.4% to RMB67.3 million (US$10.6 million) in the second six months of 2021 from RMB75.1 million in the same period of 2020, primarily due to the decrease of the number of paying customers in the second six months of 2021.

Revenues from advertising and marketing services and other services increased by 240.6% to RMB73.9 million (US$11.6 million) in the second six months of 2021 from RMB21.7 million in the same period of 2020, primarily due to the growth of insurance brokerage services and initiatives of other new businesses.

Cost of promotion and acquisition[3] increased by 72.5% to RMB334.9 million (US$52.5 million) in the second six months of 2021 from RMB194.2 million in the same period of 2020. The increase was in line with the growth of our revenue from recommendation services, advertising and marketing services and other services.

Cost of operation decreased by 11.4 % to RMB45.1 million (US$7.1 million) in the second six months of 2021 from RMB50.9 million in the same period of 2020. The decrease was primarily attributable to the decrease in depreciation expenses, payroll costs and bandwidth and server costs, partially offset by the increase in data acquisition costs.

Sales and marketing expenses increased by 9.0% to RMB68.8 million (US$10.8 million) in the second six months of 2021 from RMB63.1 million in the same period of 2020. The increase was primarily due to the increase in sales and marketing staff for new businesses.

Research and development expenses decreased by 21.2% to RMB62.4 million (US$9.8 million) in the second six months of 2021 from RMB79.2 million in the same period of 2020, primarily due to the continued cost optimization measures.

General and administrative expenses decreased by 0.4% to RMB72.2 million (US$11.3 million) in the second six months of 2021 from RMB72.5 million in the same period of 2020, primarily due to the decrease in professional fees and allowance for credit losses, partially offset by the increase in share-based compensation expenses and payroll expenses.

Others, net increased by 137.9% to RMB15.7 million (US$2.5 million) in the second six months of 2021 from RMB6.6 million in the same period of 2020. The increase was primarily from the realized investment gain of RMB11.1 million from the investment in Conflux Global, a decentralized applications blockchain solution provider.

Net loss was RMB108.3 million (US$17.0 million) in the second six months of 2021 compared with RMB186.9 million in the same period of 2020. Net loss margin was 23.5% in the second six months of 2021 compared with 65.9% in the same period of 2020.

Non-GAAP adjusted net loss, which excluded share-based compensation expenses and impairment loss from net loss, was RMB96.7 million (US$15.2 million) in the second six months of 2021, compared with RMB215.1 million in the same period of 2020.

Non-GAAP adjusted EBITDA[2], which excluded share-based compensation expenses, impairment loss, depreciation and amortization, interest income and expenses, and income tax benefits from net loss, for the second six months of 2021 was a loss of RMB94.6 million (US$14.8 million), compared with a loss of RMB207.4 million in the same period of 2020.

Fiscal Year 2021 Financial Results

Total revenues for the fiscal year of 2021 increased by 37.4% to RMB805.0 million (US$126.3 million) from RMB585.8 million in the prior year.

Total revenues from recommendation services increased by 42.2% to RMB575.2 million (US$90.3 million) in the fiscal year of 2021 from RMB404.4 million in the prior year.

Revenues from recommendation services for credit cards increased by 38.4% to RMB407.8 million (US$64.0 million) in the fiscal year of 2021 from RMB294.6 million in the prior year. Credit card volume in the fiscal year of 2021 and 2020 were approximately 3.7 million and 2.8 million, respectively. The average fee per credit card increased to RMB109.8 (US$17.2) in the fiscal year of 2021 from RMB106.8 in the prior year.

Revenues from recommendation services for loans increased by 52.6% to RMB167.5 million (US$26.3 million) in the fiscal year of 2021 from RMB109.8 million in the prior year, primarily due to the increase in number of loan applications on our platform. The number of domestic loan applications on the Company’s platform was approximately 13.6 million in the fiscal year of 2021, representing an increase of approximately 94.3% from fiscal year 2020. The average fee per domestic loan application decreased to RMB11.4 (US$1.8) in the fiscal year of 2021 from RMB13.3 in the prior year. The recommendation revenue of loans generated from overseas markets was 7.6% of total loan recommendation revenues in the fiscal year of 2021, less contribution than prior year. The global COVID-19 pandemic and the associated inability to travel globally has negatively impacted our overseas business.

Revenues from big data and system-based risk management services decreased by 9.6% to RMB130.4 million (US$20.5 million) in the fiscal year of 2021 from RMB144.2 million in the prior year, primarily due to the decrease of the number of paying customers in the fiscal year of 2021.

Revenues from advertising and marketing services and other services increased by 167.2% to RMB99.4 million (US$15.6 million) in the fiscal year of 2021 from RMB37.2 million in the prior year, primarily due to the growth of insurance brokerage services and initiatives of other new businesses.

Cost of promotion and acquisition[3] increased by 48.2% to RMB562.1 million (US$88.2 million) in the fiscal year of 2021 from RMB379.4 million in the prior year. The increase was primarily in line with the growth of our revenue from recommendation services, advertising and marketing services and other services.

Cost of operation decreased by 4.2% to RMB88.0 million (US$13.8 million) in the fiscal year of 2021 from RMB91.9 million in the prior year. The decrease was primarily attributable to the decrease in depreciation expenses, and bandwidth and server costs, partially offset by the increase in data acquisition costs.

Sales and marketing expenses increased by 11.6% to RMB143.5 million (US$22.5 million) in the fiscal year of 2021 from RMB128.6 million in the prior year. The increase was primarily due to the increase in sales and marketing staff for new businesses.

Research and development expenses decreased by 14.5% to RMB132.4 million (US$20.8 million) in the fiscal year of 2021 from RMB154.8 million in the prior year, primarily due to the continued cost optimization measures.

General and administrative expenses increased by 0.7% to RMB137.5 million (US$21.6 million) in the fiscal year of 2021 from RMB136.6 million in the prior year. The increase was primarily attributable to the increase in payroll expenses and share-based compensation expenses, partially offset by the decrease in professional fees and allowance for credit losses.

Others, net increased by 417.9% to RMB58.0 million (US$9.1 million) in the fiscal year of 2021 from RMB11.2 million in the prior year. The increase was primarily from the realized investment gain of RMB51.2 million from the investment in Conflux Global, a decentralized applications blockchain solution provider.

Net loss was RMB204.1 million (US$32.0 million) in the fiscal year of 2021 compared with RMB312.1 million in the prior year. Net loss margin was 25.4% in the fiscal year of 2021 compared with 53.3% in the prior year.

Non-GAAP adjusted net loss, which excluded share-based compensation expenses and impairment loss from net loss, was RMB186.7 million (US$29.3 million) in the fiscal year of 2021, compared with RMB333.4 million in the prior year.

Non-GAAP adjusted EBITDA[2], which excluded share-based compensation expenses, impairment loss, depreciation and amortization, interest income and expenses, and income tax benefits from net loss, for the fiscal year of 2021 was a loss of RMB179.2 million (US$28.1 million), compared with a loss of RMB315.8 million in the prior year.

As of December 31, 2021, the Company had cash and cash equivalents, time deposits, restricted cash and time deposits and short-term investment of RMB762.8 million (US$119.7 million), and working capital of approximately RMB424.9 million (US$66.7 million). Compared to as of December 31, 2020, cash and cash equivalents, restricted cash, time deposits and investment and short-term investment decreased by RMB233.2 million (US$36.6 million), which was attributable to net cash used in operating activities.

nerdytec-launches-sonic-the-hedgehog-2-couch-master-in-collaboration-with-paramount-pictures

nerdytec Launches Sonic the Hedgehog 2 Couch Master in Collaboration With Paramount Pictures

Reading Time: 2 minutes

 

The Sonic The Hedgehog 2 limited edition Couchmaster is a lap desk that speaks to younger generations of Sonic fans who prioritize comfort while gaming.

nerdytec, the lap desk company that revolutionized gaming from your couch, is excited to announce its partnership with the recognized movie studio Paramount Pictures to create the Couchmaster® CYCON² – SONIC the Hedgehog 2 Edition.

Limited to 200 products, exclusive to Germany, Austria, and Switzerland (streichen), the Sonic Edition of the Couchmaster CYCON² will be available from March 2022 at an MSRP of 199 euros on Amazon Germany and directly in the nerdytec store. This product includes a free ticket (exclusively for German cinemas) to Paramount Pictures’ new movie, Sonic the Hedgehog 2. The first 100 people to order will also receive a free Sonic the Hedgehog Blu-ray in German.

In 1991, Sega designed Sonic the Hedgehog video game that inspired the new film series released this year. nerdytec has created the Couchmaster CYCON² Sonic the Hedgehog 2 limited Edition lap desk to be as fun as the game series while maintaining the ergonomics and comfort to help fans enjoy some of their most beloved gaming icons without sacrificing performance.

The Couchmaster’s playful design includes favorite characters Sonic, Knuckles, and Tails. And like every Couchmaster, it comes with 6 USB 3.0 ports, including a quick charge port, easy cable management on the inside, a mouse, a side bag, and patented ergonomics through side support cushions.

Gamers, movie fans, and hardcore Sonic fans alike will all be able to experience the game-changing product that is the Couchmaster. The days of cluttered desk space and back pain are gone for gamers. With its multitasking features, users can watch movies, play games, work, or both, from the comfort of their favorite sofa.

nerdytec’s founder is thrilled with their latest collaboration: “We are very proud of our first movie collaboration with Paramount Pictures and look forward to future opportunities.” Chris Mut, founder of nerdytec.

deepmarkit-gains-access-to-global-carbon-credits-via-referral-arrangement

DeepMarkit Gains Access to Global Carbon Credits via Referral Arrangement

 

DeepMarkit Corp., (“DeepMarkit or the “Company”) (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on democratizing access to the voluntary carbon offset market by minting credits into non-fungible tokens (“NFTs“), is pleased to announce that it has advanced its previously announced letter of intent (“LOI“) with Radiance Assets Berhad (“Radiance“) to a binding definitive agreement (the “Definitive Agreement“). Based in Malaysia, Radiance is a diverse investment holding company with a focus on innovative and technologically driven businesses in the areas of Cleantech, Meditech and Fintech. Radiance also has a focus on the environment and solutions that better peoples’ lives. Radiance has several classes of funds including a new Agritech fund being launched with an asset value of USD 250 million. As previously announced, Radiance is currently a shareholder of DeepMarkit via recent private placements.

The Definitive Agreement between DeepMarkit and Radiance is an arrangement under which Radiance will introduce carbon credit projects for onboarding through DeepMarkit’s MintCarbon.io platform which is being developed to mint carbon offset credits into NFTs. Any minting and royalty-based revenues earned by DeepMarkit via Radiance’s referrals will result in a percentage-based sharing arrangement with Radiance. The fees payable to Radiance under the Definitive Agreement shall be payable in cash, common shares of DeepMarkit (“Common Shares“), or a combination thereof, at the sole discretion of DeepMarkit, and subject, where applicable, to TSX Venture Exchange (“TSXV“) approval and applicable securities laws for any given payment made in Common Shares. In the event DeepMarkit elects to make any payment or portion thereof in Common Shares, the applicable price at which such Common Shares shall be deemed to be issued shall be the greater of (i) the Discounted Market Price, and (ii) the volume-weighted average price of the Common Shares trading on the TSXV for the ten (10) trading days prior to the effective date of such payment, subject to a pricing floor equal to CAD 0.82. Payment in Common Shares is subject to TSXV approval, and in the event DeepMarkit elects to make a payment to Radiance in Common Shares that would result in Radiance holding greater than 20% of the issued and outstanding Common Shares of DeepMarkit at any time, DeepMarkit will be required to obtain specific TSXV approval for Radiance to become a “Control Person”, which will require approval from DeepMarkit’s shareholders in accordance with TSXV policies. The completion of any transaction with a carbon credit project introduced to DeepMarkit by Radiance is subject to the entering into of an agreement among DeepMarkit and the customer, and DeepMarkit’s ability to complete the minting transaction in accordance with applicable regulations.

“We are pleased to have finalized the Definitive Agreement with Radiance so quickly and believe that it will act as a major building block for DeepMarkit and its MintCarbon.io platform. Radiance’s confidence in MintCarbon.io further validates our thesis that utilizing blockchain technology is the best pathway to accessibility, transparency and the international achievement of carbon neutrality,” stated Ranjeet Sundher, Interim CEO of DeepMarkit. “Radiance’s introduction of new users and their carbon projects is also expected to bring significant transaction volume to our platform. We are grateful to have Radiance as a shareholder and collaborator and are looking forward to working with them to expand our global presence,” added Mr. Sundher.

“Radiance has the business connections and financial capacity to support DeepMarkit in the execution of its corporate goals. Our recent investment in DeepMarkit and the execution of this agreement are a testament to our belief in the company and the sector,” commented Jamie Stevenson, CEO of Radiance.

The MintCarbon.io platform creates NFTs that are deposited into the originator’s blockchain wallet, whereby the NFT or Token will become a traceable, liquid asset capable of being listed for trading on nearly any decentralized exchange in the world. MintCarbon.io enables anyone to access information about carbon credit-based NFTs or Tokens, including a link to their respective trading platforms (e.g. OpenSea.io) through an easy-to-use interface.

guidehouse-insights-estimates-more-than-1.2-million-automated-trucks-and-buses-will-be-deployed-globally-each-year-by-2032

Guidehouse Insights Estimates More Than 1.2 Million Automated Trucks and Buses Will be Deployed Globally Each Year by 2032

 

A new report from Guidehouse Insights explores the size of global and regional markets for medium- and heavy-duty commercial vehicles in various segments with highly automated driving capability.

One of the many secondary effects of the pandemic has been a shortage of labor in many areas including truck drivers. Development of automated driving systems (ADS) technology has continued throughout the now two-year-old global pandemic and in many market segments is seen as more essential than ever. According to a new report from Guidehouse Insights, more than 1.2 million automated trucks and buses are expected be deployed globally each year by 2032.

“Multiple pilot deployments of automated trucks and buses of various types are already occurring in numerous countries around the world,” says Sam Abuelsamid, principal research analyst with Guidehouse Insights. “All are still relying on safety operators although a few driverless tests have occurred.”

However, many of these are expected to become commercialized driverless operations, primarily for long-haul trucking, last-mile deliveries, and middle-mile deliveries by 2025. Truck-driving applications are in many ways much more predictable than robotaxis or personal vehicles, so deploying ADS is expected to be easier because the operational design domains (ODD) are more restricted, according to the report.

The report, Market Data: Automated Trucks and Buses, evaluates the potential sales and fleet deployments of Level 4 and Level 5 (as defined by SAE International standard J3016) automated trucks and buses through 2032. These are vehicles that can be operated without continuous human supervision or intervention while within their ODD. The projections are split between goods delivery vans, rigid trucks, semi tractors, transit and coach buses, and shuttle buses. An executive summary of the report is available for free download on the Guidehouse Insights website.

securrency-capital-secures-financial-services-permission-from-abu-dhabi-global-market

Securrency Capital secures Financial Services Permission from Abu Dhabi Global Market

 

Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), today announced that it has secured a Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) to deal in investments as a matched principal and provide custody for those investments. The license enables Securrency Capital to provide trading of digital assets to a variety of clients, including retail clients.

“We are honored to have been granted an FSP by ADGM as a Category 3A brokerage,” said Amir Tabch, Chairman and CEO of Securrency Capital. “With this license, we will be able to leverage Securrency’s unparalleled proprietary asset tokenization technology, which automates multi-jurisdictional compliance and financial services and enables the movement of regulated value at the speed of tomorrow.”

Securrency Capital is a wholly-owned subsidiary of Securrency, Inc., a US-based global financial markets infrastructure technology company that has developed best-in-class proprietary digital asset technology supporting the issuance, governance, and life cycle management of regulatory-compliant tokens, including clawback of value in the event of theft or fraud. Securrency, Inc. works closely with world-class institutional banking partners and leading asset managers to enable their seamless transition into the digital assets space. Securrency’s deep technology stack, coupled with Securrency Capital’s on-chain identity services, allows for secure, transparent ownership of tokenized assets.

“Being based in the ADGM has allowed us to leverage the wealth of knowledge from the regional firms, as well as the sophistication of our regulator, the FSRA, to deliver a global marketplace and distribution network for finding and trading all types of digital assets,” explained Phil Langton, COO at Securrency Capital. “Securrency Capital is now at the forefront of migrating traditional trading on blockchain networks and opening up new distribution channels to the multichain ecosystem and the metaverse. We are confident that we have built a strong foundation on which to grow and look forward to expanding our global footprint with the implementation of our partnership framework and our technology partnership with Securrency.”

“ADGM is a rapidly growing world-class financial center,” added John Hensel, Chief Operating Officer of Securrency, Inc. “Securrency Capital will be at the center of the dynamic and rapidly-growing digital assets marketplace in ADGM for which retail and institutional clients have been waiting. We are proud of Amir and his team at Securrency Capital and look forward to supporting their rapid growth.”

ADGM has built and aims to maintain an accessible and secure international financial center that nurtures innovation, promotes market transparency and trust, and encourages sustainable growth and stability. The receipt of its FSP from the ADGM’s responsible and pragmatic regulator affirms Securrency Capital’s commitment to be a trusted partner who can provide quality and reliable digital asset services in this ecosystem and globally.

Securrency Capital’s FSP will enable it to achieve its goal of offering a transparent and reliable platform through which global investors can trade digital assets. As a firm founded with an ethos of responsibility and compliance, Securrency Capital consistently interacts with regulatory bodies to firmly establish the level of trust needed to assure those new to the digital financial assets market.

“ADGM’s regulatory approval is a significant milestone for us,” said Praveer Pinto, Compliance Director at Securrency Capital. “We intend to use this as a foundation to further our commitment to achieving compliance with our regulatory requirements and playing our part in maintaining the integrity of the financial services ecosystem for our clients and the community.”

Securrency Capital’s platform is expected to go live soon after securing additional approvals from the FSRA.

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ZWC Partners’ SEA investee GOTO surge 13.2% on first day trading reaching above USD 30bn

 

GoTo Group, officially debuted its Initial Public Offering (IPO) on the Indonesian Stock Exchange (IDX), with the stock code GOTO. The group raised USD 1.1 billion after issuing 46.7 billion shares at IDR 338 per share, making it one of biggest IPO in the world year-to-date.  After market close, GOTO shares surge 13.2%, reaching a market capitalization of USD 31.5 bn.

Andre Soelistyo, the CEO of GoTo said, “As Indonesia’s market leader, with an ecosystem that can solve two-thirds of household consumption. Our business has grown from one of the world’s most promising regions and we are proud to lead the technology of Indonesian. Goto’s platform had more than 55 million users, 14 million merchants and 2.5 million drivers as of September last year, bringing out a more convenient mobile Internet life experience to society in Indonesia.”

Vivian Xu, partner of ZWC Partners said, “Congratulations to GoTo Group and its team.  As an investor, we have witnessed GoTo/Tokopedia throughout its journey from a start-up into a technology giant in Southeast Asia. Today we have seen the flourishment of our initial investment thesis. With our long term and systematic research on Southeast Asia technology development landscape, we have been impressed by the team’s deep local insight, excellent operating experience and determination to drive significant impacts in the Southeast Asia digital ecosystem. Today’s milestone is a good testimony of the GoTo team’s vision and entrepreneurship. With huge growth potential of the Internet economy in both Southeast Asia and Indonesia, we are very optimistic about the future prospect of GoTo Group.

As the fourth most populous country with relatively young demographic, Indonesia has a high mobile internet penetration rate (approximately 80%). Indonesian is one of the fastest growing e-commerce markets in the world while still having a large room for growth within its e-commerce penetration. Formed from the merger of the two unicorns, Tokopedia and Gojek, GoTo Group is currently the largest digital platform in Indonesia with annual transaction volume exceeding USD 28 bn last year. The combined synergies of one-stop shopping, instant on-demand services, and fintech services like e-wallet have nurtured an ecosystem supporting every-day needs of the 270 million and counting Indonesians.

ZWC Partners is a private equity firm specializing in investment opportunities in emerging markets across Asia. ZWC Partners has offices in ShanghaiBeijingShenzhenSingapore, and Jakarta. ZWC Partners invested over 15 unicorns including GoTo, Kanzhun, Xpeng Motor, and 4 Paradigm. Through the establishment of Zynergy Entrepreneurship Accelerating Camp, ZWC Partners has been driving impacts region wide across Asia by enabling innovation technologies together with local expertise within Asian emerging markets.

SOURCE ZWC Partners

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Innovative new AdTech provider Interact makes a splash with charity: water partnership

Reading Time: 3 minutes

 

Interact, a pioneering new AdTech platform that offers immersive in-game advertising solutions for brands, has announced that its innovative new technology raised awareness of the ‘Clean Water Pledge’ by charity: water. The display campaign resulted in hundreds of thousands of impressions, with one in four [27.5%] users tapping on the interactive in-game billboards.

The success of this partnership marks a strong start to the year for Interact. Launched in December 2021 by leading video game publisher Playstack, Interact is a new form of advertising technology. Interact seamlessly places brands into games in a non-disruptive way, making them part of the play. Its unique approach makes in-game brand engagement easy, accessible and relevant to developers, brands and players alike.

Interact prides itself on delivering non-intrusive ads that encourage engagement without disrupting gameplay in any way. Building on years of knowledge and gaming industry experience, Interact’s SDK integrates easily into games, using simple tools to deliver advertising solutions. The expert team works with top brands, building bespoke ads with multiple touch points, that work for developers, players and brands.

The perfect partnership for Idle Aquarium and Idle Sea Park, the charity: water interactive billboards integrated seamlessly into the mobile game in locations, just like those where they would be seen in real life – such as beside exhibitions. Over the course of 15 days, the billboards were watched for over 180 hours, with an impressive 27.5% of viewers tapping to find out more.

Peter Griffin, Head of Brand Partnerships at Interact, said: “At Interact, we are really passionate about creating campaigns that really make brands part of the play – adding to in-game player experience rather than disrupting it. We focus on finding the right brand partnerships and ensuring that our ads make sense, resulting in lifelike experiences in games, that are just like you would see in the real world. We work closely with developers, making it easy for them to integrate our SDK into their games in a way that benefits everyone.

“Supporting charity: water to deliver in-game ads in Idle Aquarium and Idle Sea Park was a collaboration that just made sense. It fitted so well with the games, and was such a relatable brand for players. We are really happy with the results the campaign achieved, especially for such a worthy cause.”

The charity: water campaign, which was launched in partnership with Walk-In Media to coincide with World Water Day [Tuesday 22 March], saw groundbreaking interactive ads served in Playstack’s Idle Aquarium and Idle Sea Park mobile games. Using cutting edge new technology from Interact, interactive water-themed billboards were placed into the in-game parks, which players could then click on to find out more about charity: water and the ‘Clean Water Pledge’.

Ellie Scouller, Brand & Communications Senior Manager, charity: water, said: “It’s been a great experience working with the Playstack team to test this new form of in-game advertising. We’re always looking for innovative and engaging ways to tell more people about the water crisis and our work.

“There are currently 771million people living without access to clean water, that’s 1 in 10 or ten times the population of the UK. It’s a massive problem but one we know how to fix, we just need more people to help. A big thank you to Playstack for their support of our World Water Day campaign. We look forward to working more with them in the future!”

Interact places great importance on measurement across its campaigns, offering the best possible value for its clients. Giving prominence to accuracy, Interact calculates impressions by a number of set criteria including viewing angle, screen space and visibility duration.

With Interact, brands really are part of the play.

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The Mill Adventure Enters Dutch Online Gambling Market

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The Mill Adventure (TMA) has entered the recently-regulated Dutch online gambling market after securing the required certification for its proprietary gaming platform.

Licensed and aspiring operators in the Netherlands can now leverage TMA’s full-service platform which features tools including casino management, tournaments, automated withdrawals, fraud and risk management, CRM and promotions, business intelligence, player management, and more. Operators will have access to an expansive library of content from leading game studios, such as slots, table games, live casino, virtuals and sportsbook.

TMA’s platform is designed to optimise efficiency and cut down operational resources by automating manual processes such as casino management through their AI-powered SmartLobbies. Serverless and event-based, the platform is built to scale with a brand as needed, provides operators with high-quality data and performance, and accelerates innovation — all while saving on costs.

“Being amongst the first companies to secure the certification of its gaming platform for the newly established Dutch online gambling market shows our commitment to entering new, profitable markets. Our team takes pride in our platform being quick to adapt to the requirements of new jurisdictions. This market offers great potential and we’re excited to help operators bring rewarding and meaningful gaming experiences to their players,” Robert Bowell, Director of Technical Operations at The Mill Adventure, said.