Distribution

Cloudbeds reveals highest revenue-generating OTAs for independent properties

Retrieved on: 
Thursday, February 8, 2024

The findings, featured in Cloudbeds’ 2023 ‘Big Book of OTAs’, underscore the robust resurgence of OTAs, with the highest revenue-generating platforms experiencing a remarkable hold in the market.

Key Points: 
  • The findings, featured in Cloudbeds’ 2023 ‘Big Book of OTAs’, underscore the robust resurgence of OTAs, with the highest revenue-generating platforms experiencing a remarkable hold in the market.
  • Meanwhile, regional OTAs across Asia have been rising in popularity, signaling the return of Asian travelers to the market.
  • The analysis follows extensive research by Cloudbeds involving tens of thousands of independent properties globally, including hotels, inns, motels, hostels, short-term rentals, and serviced apartments.
  • “For independent properties, building a comprehensive channel mix is integral to securing a steady stream of reservations, yet navigating the complex world of OTAs is no easy feat.

Cummins Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 6, 2024

Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2023 results.

Key Points: 
  • Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2023 results.
  • The fourth quarter of 2022 included $19 million, or $0.11 per diluted share, of costs related to the separation of Atmus.
  • The tax rate in the fourth quarter of 2023 was negative 13.3% due primarily to the non-deductible costs related to the agreement to resolve U.S. regulatory claims.
  • EBITDA for the fourth quarter of 2023 and the fourth quarter of 2022 included the costs noted above.

Qatar Lubricants Market Set for Sustainable Growth, Projected CAGR of 4.2% by 2027

Retrieved on: 
Tuesday, February 6, 2024

Related Reports by Ken Research: –

Key Points: 
  • Related Reports by Ken Research: –
    According to Ken Research estimates, the Netherlands Lubricants market is growing at a steady rate with a CAGR at ~3% owing to the country's high oil imports.
  • Up-scaling Manufacturing Industry, Escalating Construction, Automotive and Marine Industries are major growth drivers for Netherlands Lubricants Market.
  • Moreover, an ever-evolving e-commerce sector & demand for renewable energy serve as major opportunities for the market.
  • According to Ken Research estimates, the Nigeria Lubricants Market which grew at a CAGR of ~% from 2017-2022P & is forecasted to grow at a CAGR of ~% from 2023F-2027F owing to an increasing demand for expanding wind energy sector & rising demand for high performance lubricants.

Bright Pattern, the AI Powered Contact Center Leader, Announces Partnership with Value-Added Solutions Distributor emt Distribution

Retrieved on: 
Monday, February 5, 2024

SOUTH SAN FRANCISCO, Calif., Feb. 5, 2024 /PRNewswire/ -- Bright Pattern is proud to announce a partnership with solutions distributor emt Distribution. At its core, emt Distribution's primary goals are to provide value to channel partners through positive engagement, enablement, and other support activities by finding new and emerging technologies that lead to automation and self-sufficiency. emt Distribution's sole focus is to become the leading IT Value Added Distributor across EMEA and the world.

Key Points: 
  • Bright Pattern is announcing an official partnership with leading solutions provider and distributor emt Distribution.
  • SOUTH SAN FRANCISCO, Calif., Feb. 5, 2024 /PRNewswire/ -- Bright Pattern is proud to announce a partnership with solutions distributor emt Distribution.
  • Bright Pattern will provide industry-leading omnichannel contact center solutions and various tools and services that make it a top-rated software solutions provider recognized by Frost & Sullivan and TrustRadius.
  • With world-class solutions such as Omni-Enterprise CX (Bright Pattern Mobile), Bright Pattern has the fastest ROI and fastest implementation time in the industry.

Bright Pattern, the AI Powered Contact Center Leader, Announces Partnership with Value-Added Solutions Distributor emt Distribution

Retrieved on: 
Monday, February 5, 2024

SOUTH SAN FRANCISCO, Calif., Feb. 5, 2024 /PRNewswire/ -- Bright Pattern is proud to announce a partnership with solutions distributor emt Distribution. At its core, emt Distribution's primary goals are to provide value to channel partners through positive engagement, enablement, and other support activities by finding new and emerging technologies that lead to automation and self-sufficiency. emt Distribution's sole focus is to become the leading IT Value Added Distributor across EMEA and the world.

Key Points: 
  • Bright Pattern is announcing an official partnership with leading solutions provider and distributor emt Distribution.
  • SOUTH SAN FRANCISCO, Calif., Feb. 5, 2024 /PRNewswire/ -- Bright Pattern is proud to announce a partnership with solutions distributor emt Distribution.
  • Bright Pattern will provide industry-leading omnichannel contact center solutions and various tools and services that make it a top-rated software solutions provider recognized by Frost & Sullivan and TrustRadius.
  • With world-class solutions such as Omni-Enterprise CX (Bright Pattern Mobile), Bright Pattern has the fastest ROI and fastest implementation time in the industry.

Gate.io Announces Launch of Innovative Inscription Launchpad and Navigation Services

Retrieved on: 
Tuesday, January 30, 2024

Panama City, Panama, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gate.io , a leading digital asset trading platform, is proud to announce the launch of its innovative Inscription Launchpad and Navigation service.

Key Points: 
  • Panama City, Panama, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Gate.io , a leading digital asset trading platform, is proud to announce the launch of its innovative Inscription Launchpad and Navigation service.
  • The Inscription Launchpad is a platform for launching and subscribing to inscription projects, supporting various blockchain protocols, including Bitcoin NFTs, BRC-20 tokens, and Ethscriptions.
  • Inscription Launchpad is initially focused on the Bitcoin and Ethereum ecosystem while planning to expand to Litecoin, Dogecoin, and Ton.
  • Significant competitive advantage: Compared to other inscription platforms, the Inscription Launchpad stands out for its transparency, fairness, and convenience.

FLEX REPORTS THIRD QUARTER FISCAL 2024 RESULTS

Retrieved on: 
Wednesday, January 31, 2024

AUSTIN, Texas, Jan. 31, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its third quarter ended December 31, 2023.

Key Points: 
  • AUSTIN, Texas, Jan. 31, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced results for its third quarter ended December 31, 2023.
  • "Overall, fiscal Q3 was another quarter of strong execution," said Revathi Advaithi, CEO of Flex.
  • In addition, we are providing fiscal year 2024 guidance for Core Flex to provide further transparency in our core business trends.
  • The Flex management team will host a conference call today at 1:30 PM (PT) / 4:30 PM (ET), to review third quarter fiscal 2024 results.

Northern Star Investment Corp. II Announces Determination to Continue Corporate Existence

Retrieved on: 
Thursday, January 25, 2024

New York, New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Northern Star Investment Corp. II (the “Company”) today announced that, because it will not be able to consummate an initial business combination as described in the Company’s amended and restated certificate of incorporation (“Charter”) by the current January 28, 2024 deadline, it has determined to commence the process of liquidating the trust account established in connection with the Company’s initial public offering (“IPO”) and distributing funds to holders of the Company’s shares of Class A Common Stock sold in the IPO (the “Public Shares”). Additionally, as the Company has not consummated an initial business combination by the January 28, 2024 deadline, the Company expects the NYSE American to take delisting action with regard to the Company’s securities.

Key Points: 
  • The Company has further determined to continue its corporate existence following the distribution of funds in the trust account in an effort to acquire a business or entity.
  • Accordingly, the Company will be liquidating the funds held in the trust account and making a distribution payment therefrom.
  • This press release includes “forward-looking statements” as such term is defined in the Private Securities Litigation Reform Act of 1995.
  • The Company has no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.

Global Educational Furniture Market Analysis & Forecast to 2028, Featuring Steelcase, MillerKnoll, Vitra, Falcon, OfficeLine, Hertz Furniture & Metalliform - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 24, 2024

The global educational furniture market was valued at US$4.85 billion in 2022.

Key Points: 
  • The global educational furniture market was valued at US$4.85 billion in 2022.
  • The educational furniture market is projected to grow at a CAGR of 4.36% over the years 2023-2028.
  • The global educational furniture market is poised for significant expansion, projected to soar at an accelerating pace.
  • Collectively, these catalysts drive the anticipated growth, reflecting a robust trajectory for the global educational furniture market.

Revolutionizing Connectivity: E-Rate Eligible Solutions from Extreme Networks Unleash the Power of Secure Networking and AI for K-12 Schools

Retrieved on: 
Thursday, January 18, 2024

Extreme Networks , Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced an expanded list of E-Rate eligible solutions for K-12 schools and public libraries in the U.S.

Key Points: 
  • Extreme Networks , Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced an expanded list of E-Rate eligible solutions for K-12 schools and public libraries in the U.S.
  • The E-Rate program gives educators access to flexible, simple and secure networking solutions which drive more efficient operations and deliver better experiences for students and faculty.
  • E-Rate is a U.S. program that makes telecommunications and information services more affordable for K-12 schools and libraries.
  • Sustainable, Next-Generation Wired and Wireless Solutions: All Extreme Wi-Fi access points and Universal switches are eligible for E-Rate, delivering high-bandwidth Wi-Fi solutions designed for indoor and outdoor use, as well as powerful switching solutions for secure wired connectivity.