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OKX Ventures Report: Crypto and AI Convergence Will Lead to New Applications and Innovations in Digital Infrastructure

Retrieved on: 
Friday, March 29, 2024

SINGAPORE, March 28, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today published a report titled ' Unlocking the Infinite Potential of Crypto and AI .'

Key Points: 
  • SINGAPORE, March 28, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today published a report titled ' Unlocking the Infinite Potential of Crypto and AI .'
  • The report explores the convergence of AI and crypto, a major trend in the current market cycle that is giving rise to new applications and innovations encompassing areas like model training, AI agents, metaverse, gaming and robots as a service.
  • In addition, the report provides a detailed overview of the potential of crypto and AI, outlining the vast application scenarios of crypto for AI.
  • OKX Ventures Founder Dora Yue said: "This report underscores our strong belief in the transformative power of the convergence between AI and crypto.

Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth and 14-Fold Gross Profit Surge, Underpinning Upgraded Analytic Capabilities in Scale-up Connectivity

Retrieved on: 
Thursday, March 28, 2024

These results demonstrated the company's "exponential growth and expanding prowess in energy management and storage solutions" as stated by CEO Wang Yang.

Key Points: 
  • These results demonstrated the company's "exponential growth and expanding prowess in energy management and storage solutions" as stated by CEO Wang Yang.
  • As reported, NaaS' 2023 revenue reached RMB320.1 million (US$45.1 million), hitting a 245% YoY growth.
  • Gross margin increased noticeably from 6.6% to 27.7%, with the gross profit grew 14.4 times to RMB88.8 million (US$12.5 million) in 2023.
  • A 74% YoY growth of gross transaction value amounted to RMB4.7 billion (US$661.6 million) and a total of 213.8 million orders demonstrated 75% YoY growth.

AAC Technologies' Revenue in 2024 is Expected to Increase by 10-15%, PSS Automotive Business Revenue will Exceed RMB3 Billion

Retrieved on: 
Thursday, March 28, 2024

The overall revenue is expected to increase by 10% to 15% in 2024, and the comprehensive gross profit margin will also recover to over 20%.

Key Points: 
  • The overall revenue is expected to increase by 10% to 15% in 2024, and the comprehensive gross profit margin will also recover to over 20%.
  • It is expected that the automotive business will contribute RMB3 to 3.5 billion in revenue, achieving a net profit of around RMB0.2 billion.
  • PSS covers the majority of high-end European and American automotive brands and leads in both customer relations and product innovation.
  • "We expect PSS to contribute RMB3 to 3.5 billion in revenue this year, achieving around RMB2 billion in net profit," Ms. Guo said.

NetDragon Announces 2023 Annual Financial Results

Retrieved on: 
Wednesday, March 27, 2024

HONG KONG, March 27, 2024 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced its financial results for fiscal year 2023. NetDragon's management team will hold a results presentation and webcast at 10:00am Hong Kong time on March 28, 2024, to discuss the results and recent business developments.

Key Points: 
  • In 2023, our domestic and overseas gaming revenue increased by 10.5% and 4.5% YoY, respectively.
  • NetDragon continues to consolidate the 2023 financial statements of Mynd in its financials, as it holds 74.4% of the issued share capital of Mynd as of December 31, 2023.
  • NetDragon's management team will hold a results presentation and webcast at 10:00 am Hong Kong time on March 28, 2024 to discuss the results and recent business developments.
  • Participants of the live webcast should visit the aforementioned website 10 minutes prior to the call, then click on the icon for "2023 Annual Results Presentation and Webcast" and follow the registration instructions.

Sunlight Entertainment & Pocket.watch Announce Wide Theatrical Release For Their First Feature Film, 'Ryan's World The Movie: Titan Universe Adventure,' Premiering on Over 2,100 Screens Nationwide August 16th

Retrieved on: 
Wednesday, March 27, 2024

LOS ANGELES, March 27, 2024 /PRNewswire/ -- Pocket.watch, the leading kids and family creator content and IP company, and Sunlight Entertainment, the Kaji family owned production studio, announce today the wide theatrical release for their first feature film, Ryan's World the Movie: Titan Universe Adventure, premiering on 2,100 screens in theaters nationwide August 16th. The film artistically blends live-action sequences with captivating anime inspired by Ryan's World flagship series, Titan Universe. Here, viewers witness Ryan's thrilling metamorphosis into Red Titan, his beloved animated superhero persona. 

Key Points: 
  • The film artistically blends live-action sequences with captivating anime inspired by Ryan's World flagship series, Titan Universe.
  • Pocket.watch and Sunlight Entertainment, will release the independent film across the United States in all major markets.
  • In Ryan's World the Movie: Titan Universe Adventure, Ryan takes to the big screen for his most epic adventure yet.
  • Ryan's World the Movie: Titan Universe Adventure is produced by Sunlight Entertainment's Shion Kaji and Loann Kaji, along with pocket.watch's Albie Hecht, who also serves as director.

Sports, Media, and Entertainment Veterans Ariana Rae Diverio and Laura Miranda Launch B. Partners, a Revolutionary Revenue Strategy Consulting Firm

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 /PRNewswire/ -- Sports, media, and entertainment industry leaders Ariana Rae Diverio and Laura Miranda announce the formal launch of B. Partners, a boutique commercial strategy consulting firm, as part of the underdog & company family of next-gen sports and entertainment marketing agencies. underdog & company, backed by NewSpring Holdings, also includes Underdog Venture Team and Altius Sports Partners.

Key Points: 
  • Backed by underdog & company, client roster includes The Clippers's Intuit Dome,
    NEW YORK, March 26, 2024 /PRNewswire/ -- Sports, media, and entertainment industry leaders Ariana Rae Diverio and Laura Miranda announce the formal launch of B.
  • Partners , a boutique commercial strategy consulting firm, as part of the underdog & company family of next-gen sports and entertainment marketing agencies.
  • Partners excels in pioneering out-of-home media, sponsorship, and integrated marketing solutions that create substantial recurring revenue streams for sports, media, and entertainment enterprises.
  • "Our strategy goes beyond selling existing assets, we partner with our clients to develop creative solutions that drive revenue, engagement, and unprecedented returns."

commercetools Accelerates Global Momentum, Announces Strong 2023 Business Results

Retrieved on: 
Tuesday, March 26, 2024

2023 was a standout year for commercetools.

Key Points: 
  • 2023 was a standout year for commercetools.
  • Our robust business momentum and fiscal results are evidence of the value customers find in commercetools and composable commerce," said Dirk Hoerig, co-founder and CEO of commercetools.
  • Customer base is now equally split across EMEA and the Americas, solidifying commercetools' global expansion and underscoring the company's strong foothold in the American market as a European SaaS company.
  • In the last 18 months, the company announced six new products, including commercetools Connect , commercetools Checkout and commercetools Foundry , making it easier than ever to infuse composability into the modern commerce stack.

Tackling the Mental Health Crisis: 42% of Companies Plan to Offer New Employee Well-Being Benefits

Retrieved on: 
Friday, March 22, 2024

The survey also reveals that businesses are stepping up as mental health concerns continue taking a toll on workers throughout the nation: 42% of surveyed companies plan to offer new well-being benefits this year.

Key Points: 
  • The survey also reveals that businesses are stepping up as mental health concerns continue taking a toll on workers throughout the nation: 42% of surveyed companies plan to offer new well-being benefits this year.
  • Indeed, 36% say businesses are responsible for the well-being of their employees, with another 62% saying they are somewhat responsible.
  • As a result, they are ramping up their focus on employee wellness: In addition to those offering new well-being benefits, a quarter plan to increase spending on well-being initiatives.
  • Nearly half of CHROs plan to offer new well-being benefits, despite most keeping spending the same.

Yeahka Announces 2023 Annual Results

Retrieved on: 
Thursday, March 21, 2024

HONG KONG, March 21, 2024 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company," Stock Code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce its annual results for the twelve months ended December 31, 2023 (the "year" or the "2023").

Key Points: 
  • Brilliant growth momentum in one-stop payment services, GPV increased by 29.2% YoY,
    HONG KONG, March 21, 2024 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company," Stock Code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce its annual results for the twelve months ended December 31, 2023 (the "year" or the "2023").
  • Merchant solutions effectively strengthened commercialization, capitalized on cross-segment synergies and recovered offline consumption:
    Number of active merchant solutions merchants for the twelve months ended December 31, 2023, exceeded 1.6 million, an increase of 30.8% YoY.
  • Our domestic business grew steadily while our overseas initiatives began to yield tangible results.
  • Mr. Ben Zhao, Board Secretary and General Manager of Corporate Development, added, "For one-stop payment services, we achieved a remarkable 29.2% year-on-year growth in GPV in 2023.

WELL Health Reports Record Revenue, Adjusted EBITDA, and Net Income Results for Q4 and Full Year 2023 and Raises Revenue Guidance

Retrieved on: 
Thursday, March 21, 2024

For the full year, WELL achieved record annual Adjusted EBITDA(1) of $113.4 million, an increase of 8% as compared to 2022.

Key Points: 
  • For the full year, WELL achieved record annual Adjusted EBITDA(1) of $113.4 million, an increase of 8% as compared to 2022.
  • Hamed Shahbazi, Chairman and CEO of WELL commented, "We had an outstanding year in 2023 with record revenue, Adjusted EBITDA(1), Net Income and patient visits.
  • Adjusted Gross Profit(1) was $372.3 million in 2023, an increase of 23% as compared to Adjusted Gross Profit(1) of $303.3 million in 2022.
  • Adjusted Gross Margin(1) percentage was 48.0% in 2023, as compared to Adjusted Gross Margin(1) percentage of 53.3% in 2022.