Digital economy

Emerging Markets Report: Bigger and Better

Retrieved on: 
Wednesday, January 4, 2023

ORLANDO, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC: GOLQ), a global provider of mobile fintech solutions for digital transformation and consumer data analytics in Southeast Asia, announced its plans to join forces with GammaRey, a privately-held fintech ecosystem for the New World Digital Economy, in a merger valued at $320 million based on per share pricing of $3.00.

Key Points: 
  • We will make it simple: Bigger and Better.
  • Now, for 2022, this year could be potentially bigger.
  • Fintech Companies merge for many reasons with the ultimate goal of scaling and growing into a bigger and more resilient company.
  • As a publicly traded company with more favorable access to the capital markets, it affords our GammaRey shareholders, as well as those of GoLogiq, numerous benefits.

GoLogiq and GammaRey Sign Definitive Share Exchange Agreement for $320 Million Merger of the Two Fintech Companies

Retrieved on: 
Tuesday, January 3, 2023

NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive share exchange agreement with GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy.  

Key Points: 
  • As the result of the definitive agreement, privately-held GammaRey brings to GoLogiq (OTC:GOLQ):
    Profitable business with strong cash flow.
  • NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a definitive share exchange agreement with GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy.
  • Under the now definitive terms of the proposed agreement announced in December, GammaRey has merged with GoLogiq as a wholly owned subsidiary in an all-stock transaction.
  • GoLogiq will issue $320 million in common stock valued at $3.00 per share in exchange for 100% of GammaRey’s outstanding shares.

Thailand Cards and Payments Analysis Report 2022: KPIs for Credit Transfer, Cash, Mobile Wallets, Cards, Direct Debits, and Cheques - Opportunities and Risks to 2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 5, 2023

The "Thailand Cards and Payments - Opportunities and Risks to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Thailand Cards and Payments - Opportunities and Risks to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of market trends in the Thai cards and payments industry.
  • It provides values and volumes for a number of key performance indicators in the industry, including credit transfer, cash, mobile wallets, cards, direct debits, and cheques during the review-period (2018-22e).
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

Fintech Leaders, GoLogiq and GammaRey, Plan to Combine Forces in $320 Million Merger

Retrieved on: 
Thursday, December 15, 2022

NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) -- GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech and consumer data analytics, has signed a mutual non-binding letter of intent to acquire GammaRey, Inc., a privately-held fintech ecosystem for the New World Digital Economy.  

Key Points: 
  • Under the terms of the proposed agreement, GoLogiq will acquire GammaRey as a wholly owned subsidiary in an all-stock transaction.
  • GoLogiq would issue common shares to GammaRey shareholders valued at $320 million based on the pricing of $3.00 per share.
  • The transaction would follow GoLogiq’s spin-off of assets from Logiq, Inc. (OTCQX: LGIQ) which was completed earlier this year.
  • GoLogiq would also plan to apply for an uplisting to a listed exchange, such as Nasdaq or the NYSE.

Executives Give Enterprise Leaders Poor Marks for Strategically Executing Digital Transformation

Retrieved on: 
Wednesday, December 14, 2022

According to a new survey of senior corporate executives, entitled “Digital Enterprise Execution: Ailing or Excellent?” , there’s near-unanimous validation of the business gains from digital transformation, but it’s not entirely due to strategic leadership from the corner office.

Key Points: 
  • According to a new survey of senior corporate executives, entitled “Digital Enterprise Execution: Ailing or Excellent?” , there’s near-unanimous validation of the business gains from digital transformation, but it’s not entirely due to strategic leadership from the corner office.
  • An overwhelming 89 percent of survey respondents believe digital transformation is enabling enterprises to achieve greater business value, performance, and innovation.
  • The three biggest obstacles to effective digital transformation in the enterprise are: 1) Cultural resistance to change and application uptake in the organization 2) Lack of digital enterprise transformation strategy and roadmap 3) Insufficient skills, capabilities, and digital leadership resources internally.
  • Strategic understanding of customer needs and competitive market dynamics is viewed as the most important quality of a digital enterprise transformation partner or leader.

2022 World Broadband Association (WBBA) Official Launch Ceremony Held in Beijing

Retrieved on: 
Monday, December 12, 2022

HONG KONG, Dec. 12, 2022 /PRNewswire/ --On 9 December 2022, World Broadband Association (#WBBA) Official Launch Ceremony was held in Beijing.

Key Points: 
  • HONG KONG, Dec. 12, 2022 /PRNewswire/ --On 9 December 2022, World Broadband Association (#WBBA) Official Launch Ceremony was held in Beijing.
  • The World Broadband Association (#WBBA) is a multilateral, industry-led association, providing leadership for digital broadband across the next decade.
  • The mission of the WBBA is to unify broadband industry stakeholders to address and drive forward shared goals of maximizing the social and economic benefits of equality of broadband for all.
  • The event advocates that the industry stakeholders actively join hands to promote the prosperous development of cloud network broadband industry.

2022 World Broadband Association (WBBA) Official Launch Ceremony Held in Beijing

Retrieved on: 
Monday, December 12, 2022

HONG KONG, Dec. 12, 2022 /PRNewswire/ --On 9 December 2022, World Broadband Association (#WBBA) Official Launch Ceremony was held in Beijing.

Key Points: 
  • HONG KONG, Dec. 12, 2022 /PRNewswire/ --On 9 December 2022, World Broadband Association (#WBBA) Official Launch Ceremony was held in Beijing.
  • The World Broadband Association (#WBBA) is a multilateral, industry-led association, providing leadership for digital broadband across the next decade.
  • The mission of the WBBA is to unify broadband industry stakeholders to address and drive forward shared goals of maximizing the social and economic benefits of equality of broadband for all.
  • The event advocates that the industry stakeholders actively join hands to promote the prosperous development of cloud network broadband industry.

Fnatic Announces Strategic Partnership with Hivemind Capital to further Web3 ambitions

Retrieved on: 
Thursday, December 1, 2022

LONDON, Dec. 1, 2022 /PRNewswire/ -- Fnatic, the world's leading esports performance brand, today announced a strategic partnership and investment with Hivemind Capital, a leading crypto asset manager, in order to accelerate the Company's ability to partner as well as natively develop and scale Web3 applications across its award-winning esports platform.

Key Points: 
  • "We think that games are rapidly becoming platforms for their communities," said Sam Mathews, Founder and CEO of Fnatic.
  • The strategic partnership will allow Fnatic to expand beyond existing partnerships and further develop its own, native Web3 applications to enhance gamer performance.
  • Hivemind Capital Partners ("Hivemind") is a crypto-focused investment firm dedicated to blockchain technologies, crypto companies and the digital assets ecosystem.
  • Hivemind leverages a converging multi-strategy approach to create start-to-finish capital solutions for entrepreneurs, and provides category-leading infrastructure to institutionalize crypto investing.

Striim Introduces Striim Cloud on Amazon Web Services for Real-Time Streaming Data to accelerate AWS Cloud Modernization and Analytics

Retrieved on: 
Wednesday, November 30, 2022

Striim Cloud is the industrys first and only fully-managed, unified software-as-a-service (SaaS) platform for real-time streaming data integration and analytics from both on-premise or hybrid cloud mission-critical applications.

Key Points: 
  • Striim Cloud is the industrys first and only fully-managed, unified software-as-a-service (SaaS) platform for real-time streaming data integration and analytics from both on-premise or hybrid cloud mission-critical applications.
  • Striim Cloud delivers the simplicity, elasticity, and scalability of the cloud: Customers have a unified view of all data pipelines.
  • Striim Cloud Enterprise super-charges enterprise innovation: Building applications based on real-time data gives enterprises a competitive edge.
  • Striim, Inc. is the only supplier of unified, real-time data streaming and integration for analytics and operations in the Digital Economy.

USA Outdoor Payment Terminal Market Report 2022: Increased Adoption of Contactless and NFC Payments Fuels Growth

Retrieved on: 
Tuesday, November 29, 2022

This report provides a comprehensive analysis of the potential of Outdoor Payment Terminal Industry in USA.

Key Points: 
  • This report provides a comprehensive analysis of the potential of Outdoor Payment Terminal Industry in USA.
  • The report concludes with long term outlook assessing the market growth along with growth of Petroleum and Convenience Retail Stores and EV Charging Stations in the country.
  • USA Outdoor Payment Terminal market is moderately concentrated market with Gilbarco Veeder-Root and Wayne Fueling System as the market leaders owing to the high market share on the basis of installed base of OPTs; followed by other OPT providers such as NCR corporation, IDTECH and Invenco in the market.
  • Advanced retrofit POS system, 5G-enabled devices and other new payment modes are expected to drive the USA Outdoor Payment Terminal market in near future.