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Revenue Cycle Management Market to be Worth $658.7 Billion by 2030: Grand View Research, Inc.

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Thursday, June 29, 2023

Partnership, RCM, Challenger, Software, USD, Organization, Patient, Machine learning, SAN, Algorithm, DRG, Hubble Space Telescope, Growth, Function, Pharmaceutical industry, Retail, Nursing, PRC

SAN FRANCISCO, June 29, 2023 /PRNewswire/ -- The global revenue cycle management market size is expected to reach USD 658.7 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points:

SAN FRANCISCO, June 29, 2023 /PRNewswire/ -- The global revenue cycle management market size is expected to reach USD 658.7 billion by 2030, according to a new report by Grand View Research, Inc.
Growing digitalization of healthcare is driving organizations to adopt healthcare IT solutions such as revenue cycle management (RCM) systems.
Read 130 page market research report, " Revenue Cycle Management Market Size, Share & Trends Analysis Report By Product (Software, Services), By Type, By Delivery Mode, By End-use, By Specialty, By Sourcing, By Function, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
For instance, in February 2020, Waystar Health inaugurated Hubble, which is an AI/RPA platform used for automating revenue cycle processes.

China International Small and Medium Enterprises Fair to be held in Guangdong

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Wednesday, June 21, 2023

SAR, International Small Business Journal, United Nations Industrial Development Organization, COVID-19, Information technology, Ministry, State Administration of Foreign Experts Affairs, Republic, UNIDO, SME, Mobile phone, Tourism, PRC

GUANGZHOU, China, June 21, 2023 /PRNewswire/ -- The press conference for the 18th China International Small and Medium Enterprises Fair and the 2nd SME International Cooperation Summit was held on June 15 in Beijing.

Key Points:

GUANGZHOU, China, June 21, 2023 /PRNewswire/ -- The press conference for the 18th China International Small and Medium Enterprises Fair and the 2nd SME International Cooperation Summit was held on June 15 in Beijing.
According to the press conference, the 18th China International Small and Medium Enterprises Fair (CISMEF) and the 2nd SME International Cooperation Summit (SMEICS) will take place in Guangzhou between June 26 and June 30, providing a strong platform for SMEs around the world to expand exchanges and cooperation.
Over 15,000 square meters of exhibition space was intended for overseas exhibitors, an increase of 50% over the previous edition.
A series of investment, trade and cooperation agreements are expected to be clinched during the five-day events, according to the organizers.

China International Small and Medium Enterprises Fair to be held in Guangdong

Retrieved on:

Wednesday, June 21, 2023

GUANGZHOU, China, June 21, 2023 /PRNewswire/ -- The press conference for the 18th China International Small and Medium Enterprises Fair and the 2nd SME International Cooperation Summit was held on June 15 in Beijing.

Key Points:

GUANGZHOU, China, June 21, 2023 /PRNewswire/ -- The press conference for the 18th China International Small and Medium Enterprises Fair and the 2nd SME International Cooperation Summit was held on June 15 in Beijing.
According to the press conference, the 18th China International Small and Medium Enterprises Fair (CISMEF) and the 2nd SME International Cooperation Summit (SMEICS) will take place in Guangzhou between June 26 and June 30, providing a strong platform for SMEs around the world to expand exchanges and cooperation.
Over 15,000 square meters of exhibition space was intended for overseas exhibitors, an increase of 50% over the previous edition.
A series of investment, trade and cooperation agreements are expected to be clinched during the five-day events, according to the organizers.

eSurfing Cloud Announces to Embark on Global Expansion

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Tuesday, June 20, 2023

HONG KONG, June 20, 2023 /PRNewswire/ -- eSurfing Cloud, the world's largest telco cloud service provider, successfully held "eSurfing Cloud Global Launch Event" and announced the official expansion of its global footprint, starting exclusively with its cloud service offerings available in Hong Kong.

Key Points:

HONG KONG, June 20, 2023 /PRNewswire/ -- eSurfing Cloud, the world's largest telco cloud service provider, successfully held "eSurfing Cloud Global Launch Event" and announced the official expansion of its global footprint, starting exclusively with its cloud service offerings available in Hong Kong.
He expressed his gratitude to eSurfing Cloud for strategically selecting Hong Kong as its first expansion point for global footprint development.
eSurfing Cloud adheres to the cloud-network integration strategy of China Telecom: "Cloud central, Network around, Network adaptive to cloud, Cloud and Network as one", eSurfing Cloud has evolved up to stage 3.0 of "Cloud-Network Integration" and will continue to explore new models to advance the potential of cloud.
Leveraging the global network resources of China Telecom, eSurfing Cloud have been providing a variety of cloud products to more than 3.35 million enterprise consumers, including SD-WAN, Cloud Exchange, iStack or ctStack, Cloud Laptop, and Cloud Disaster Recovery services.

eSurfing Cloud Announces to Embark on Global Expansion

Retrieved on:

Tuesday, June 20, 2023

HONG KONG, June 19, 2023 /PRNewswire/ -- eSurfing Cloud, the world's largest telco cloud service provider, successfully held "eSurfing Cloud Global Launch Event" and announced the official expansion of its global footprint, starting exclusively with its cloud service offerings available in Hong Kong.

Key Points:

HONG KONG, June 19, 2023 /PRNewswire/ -- eSurfing Cloud, the world's largest telco cloud service provider, successfully held "eSurfing Cloud Global Launch Event" and announced the official expansion of its global footprint, starting exclusively with its cloud service offerings available in Hong Kong.
He expressed his gratitude to eSurfing Cloud for strategically selecting Hong Kong as its first expansion point for global footprint development.
eSurfing Cloud adheres to the cloud-network integration strategy of China Telecom: "Cloud central, Network around, Network adaptive to cloud, Cloud and Network as one", eSurfing Cloud has evolved up to stage 3.0 of "Cloud-Network Integration" and will continue to explore new models to advance the potential of cloud.
Leveraging the global network resources of China Telecom, eSurfing Cloud have been providing a variety of cloud products to more than 3.35 million enterprise consumers, including SD-WAN, Cloud Exchange, iStack or ctStack, Cloud Laptop, and Cloud Disaster Recovery services.

QuantaSing Group Limited Announces up to US$20.0 Million Share Repurchase Program

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Friday, June 9, 2023

IPO, Repurchase agreement, Share repurchase, Policy, Prospectus, Growth, Annual report, PRC

BEIJING, June 09, 2023 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced that its board of directors (the “Board”) has authorized a share repurchase program under which the Company may repurchase up to US$20.0 million of its Class A ordinary shares in the form of American depositary shares (“ADSs”) during a twelve-month period commencing on June 9, 2023 (the “Share Repurchase Program”).

Key Points:

BEIJING, June 09, 2023 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading online learning service provider in China, today announced that its board of directors (the “Board”) has authorized a share repurchase program under which the Company may repurchase up to US$20.0 million of its Class A ordinary shares in the form of American depositary shares (“ADSs”) during a twelve-month period commencing on June 9, 2023 (the “Share Repurchase Program”).
“The Share Repurchase Program is well-aligned with our commitment to maximizing value for our shareholders and reflects the Board’s confidence in the Company’s continued growth and long-term prospects,” said Mr. Peng Li, QuantaSing’s Chairman and Chief Executive Officer.
Repurchases under the program may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means.
The Board will review the Share Repurchase Program periodically, and may authorize adjustment of its terms and size or suspend or discontinue the program.

Yiren Digital Reports First Quarter 2023 Financial Results

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Friday, June 9, 2023

Insurance, Small business, YRD, Marketing, ADS, M3, Policy, Head, GAAP, H.10, RMB, Sale, Delinquent, US, EBITDA, Investment, Translation, Growth, Digital, NYSE, Total, Federal Reserve Board of Governors, Cryptocurrency, Video game, Bank, PRC

BEIJING, June 9, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the quarter ended March 31, 2023.

Key Points:

BEIJING, June 9, 2023 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the quarter ended March 31, 2023.
Number of borrowers served in the first quarter of 2023 was 872,235 representing an increase of 1.2% from 862,226 in the fourth quarter of 2022 and compared to 508,746 in the same period of 2022.
Total net revenue in the first quarter of 2023 was RMB986.3 million (US$143.6 million), representing an increase of 40.0% from RMB704.8 million in the first quarter of 2022.
Sales and marketing expenses in the first quarter of 2023 were RMB106.2 million (US$15.5 million), compared to RMB176.2 million in the same period of 2022.

Trip.com Group Limited Reports Unaudited First Quarter of 2023 Financial Results

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Wednesday, June 7, 2023

SHANGHAI, June 7, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the first quarter of 2023.

Key Points:

SHANGHAI, June 7, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the first quarter of 2023.
Adjusted EBITDA margin was 31%, compared to 2% for the same period in 2022 and 6% for the previous quarter.
"During the first quarter of 2023, there has been an upsurge in both domestic and outbound travel activities in China," said James Liang, Executive Chairman.
Adjusted EBITDA margin was 31% for the first quarter of 2023, compared to 2% for the same period in 2022 and 6% for the previous quarter.

Nam Tai Property’s Leadership Obtains Corporate Chops and Business Licenses for PRC Subsidiaries

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Monday, June 5, 2023

Commercial Building & Real Estate, Construction & Property, State Administration for Market Regulation, PRC, Record, Cyprus Securities and Exchange Commission, Administration, Book, Law, Property management, Security (finance)

Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today announced that its reconstituted Board of Directors (the “Board”) and new management team have lawfully obtained the corporate chops and business licenses for all of the Company’s subsidiaries in the People’s Republic of China (“PRC”).

Key Points:

Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today announced that its reconstituted Board of Directors (the “Board”) and new management team have lawfully obtained the corporate chops and business licenses for all of the Company’s subsidiaries in the People’s Republic of China (“PRC”).
This was achieved with the support of Nam Tai’s independent legal counsels and advisors led by Jack Law of Hui Zhong Law Firm.
The Company is now in the process of registering its Chief Executive Officer, Yu Chunhua, as the Legal Representative for its subsidiaries with the Administration for Market Regulation of the PRC.
“Our reconstituted Board and new leadership team are pleased to have obtained the corporate chops and business licenses in a lawful, orderly manner.

MOGU Announces Unaudited Financial Results For the Six Months Ended March 31, 2023 and Fiscal Year 2023

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Friday, June 2, 2023

MOGU Inc. (NYSE: MOGU) (“MOGU” or the "Company"), a KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the six months ended March 31, 2023 and fiscal year 2023.

Key Points:

MOGU Inc. (NYSE: MOGU) (“MOGU” or the "Company"), a KOL-driven online fashion and lifestyle destination in China, today announced its unaudited financial results for the six months ended March 31, 2023 and fiscal year 2023.
Live video broadcast (“LVB”) associated GMV for the six months ended March 31, 2023 decreased by 34.7% period-over-period to RMB3,165 million (US$460.9 million2).
GMV for the six months ended March 31, 2023 was RMB3,241 million (US$471.9 million), a decrease of 38.0% period-over-period.
Financial Results For the Six Months Ended March 31, 2023
Total revenues for the six months ended March 31, 2023 decreased by 30.2% to RMB117.2 million (US$17.1 million) from RMB168.0 million during the same period of fiscal year 2022.