SEVEN STARS CLOUD GROUP, INC.

Ideanomics continues to drive growth and increase its revenue offerings by naming financial and technology expert Kate Lam as Managing Director of Digital Products

Retrieved on: 
Wednesday, September 26, 2018

Kate Lam brings more than 25 years of financial markets experience in marketing multiple asset classes to institutional investors across Asia and the US.

Key Points: 
  • Kate Lam brings more than 25 years of financial markets experience in marketing multiple asset classes to institutional investors across Asia and the US.
  • "Bringing new digital products to market under these new technologies is revolutionary as digital innovation continues to disrupt the marketplace."
  • Ideanomics customizes its technology platform for various business use cases, operates the Platform-as-a-Service (PaaS), and partners with businesses that deliver core digital asset products.
  • Ideanomics is focused on delivering a global multi-layer technology infrastructure ecosystem that issues, trades, and settles digital asset transactions.

Seven Stars Cloud Acquires Grapevine, a Leading Influencer Marketing Company

Retrieved on: 
Tuesday, September 4, 2018
Influencer marketing

NEW YORK, Sept. 4, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (to be renamed Ideanomics) (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, has today announced its acquisition of Grapevine Logic Inc. , a world leading end-to-end influencer marketing platform.

Key Points: 
  • NEW YORK, Sept. 4, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (to be renamed Ideanomics) (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, has today announced its acquisition of Grapevine Logic Inc. , a world leading end-to-end influencer marketing platform.
  • Additionally, Grapevine provides a white glove Agency model where the Company works closely with big brands to deliver high quality marketing results with leading influencers.
  • Grapevine is the world's leading end-to-end influencer marketing platform that enables collaboration between advertisers and social media content creators to produce promotional content at scale.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Clarification of Recent News Regarding Company Filing

Retrieved on: 
Monday, August 27, 2018
Stock market, Security, Forward-looking statement, Corporate finance

NEW YORK, Aug. 27, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, today issued a statement to clarify recent news that was reported regarding a Company filing.

Key Points: 
  • NEW YORK, Aug. 27, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, today issued a statement to clarify recent news that was reported regarding a Company filing.
  • The S1A is not indicative of the Company issuing new shares in a financing, which would be dilutive.
  • All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Seven Stars Cloud Announces Business Name Change to Ideanomics

Retrieved on: 
Monday, August 27, 2018
Finance, Economy, Encodings, Stock market, Ticker symbol, Money, NASDAQ, Business

Shares of Ideanomics, will continue to trade on Nasdaq using the Company's existing ticker symbol, SSC until further notice.

Key Points: 
  • Shares of Ideanomics, will continue to trade on Nasdaq using the Company's existing ticker symbol, SSC until further notice.
  • The Company will launch a new corporate website and domain that reflects its updated Ideanomics branding following shareholder approval.
  • Ideanomics customizes its technology platform for various business use cases, operates the Platform-as-a-Service (PaaS), and partners with businesses that deliver core digital asset product creation.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Seven Stars Cloud Signs Exclusive, Ground-breaking, Three-Year $24B Deal with China's Largest Electric Bus Full-Service Operator

Retrieved on: 
Monday, August 20, 2018
Cryptocurrencies, Bitcoin, Blockchain, Encodings, Technology, Computing, Information

The market size for the mandatory replacements and upgrades to achieve fully-electric bus operations in China is estimated at 1 trillion RMB (approx.

Key Points: 
  • The market size for the mandatory replacements and upgrades to achieve fully-electric bus operations in China is estimated at 1 trillion RMB (approx.
  • NTS is the largest full-service operator for electric buses, with sales, lease financing, a charging station network, and real-time data services including media, payments, maps, and facial recognition.
  • For the China-based financing, SSC will conduct financing activities through the sale of fixed income products to raise 60 Billion RMB (approx.
  • Bruno Wu, Chairman and CEO of Seven Stars Cloud remarked: "This is a truly ground-breaking deal globally for blockchain-based fintech companies to gain such a large-scale, asset-backed, contract.

Seven Stars Cloud Reports Solid Second Quarter Operating Results; Exceeds Full Year 2018 Top Line Revenue Estimates During Q2

Retrieved on: 
Monday, August 13, 2018
Economy, Financial technology, Revenue, United States, World

Cost of revenue was approximately $131.5 million in Q2, as compared to $43.3 million for the same period in 2017, which is in line with revenue growth.

Key Points: 
  • Cost of revenue was approximately $131.5 million in Q2, as compared to $43.3 million for the same period in 2017, which is in line with revenue growth.
  • This decrease was mainly related to the decrease in auditing service fees in 2018 Q2.
  • Net loss for Q2 2018 was $8.3 million compared to a net loss of $3.8 million in the same period in 2017.
  • About Seven Stars Cloud Group, Inc. ( http://www.sevenstarscloud.com/ )
    Seven Stars Cloud (SSC) is a global fintech and asset digitization services company focused on digital asset production and distribution.

Seven Stars Cloud Raises $12 Million USD from Advantech Capital II Investment Limited and Restructures GT Dollar Private Placement

Retrieved on: 
Friday, August 10, 2018
Money, Finance, Economy, Cryptocurrencies, Corporate finance, Investment, Private equity, Blockchain, Cloud computing

Advantech Capital is a leading private equity fund focused primarily on high-growth and innovation-driven industry sectors.

Key Points: 
  • Advantech Capital is a leading private equity fund focused primarily on high-growth and innovation-driven industry sectors.
  • Advantech has taken a strong interest in SSC and its strategy to deliver leading AI and Blockchain solutions across industry verticals.
  • As part of its broader financing strategy, SSC has restructured and amended the Purchase Agreement to $10 million from its previous $40 million private placement.
  • About Seven Stars Cloud Group, Inc. ( http://www.sevenstarscloud.com/ )
    Seven Stars Cloud (SSC) is a global technology company focused on digital asset production and distribution.

Seven Stars Cloud Announces the Appointment of Mr. Chao Yang as an Independent Board Member

Retrieved on: 
Wednesday, August 8, 2018
SSC

NEW YORK, Aug. 8, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc.(NASDAQ: SSC) ("SSC" or the "Company"), a leading global technology firm focusing on digital asset production and distribution, today announced the election of Mr. Chao Yang as an independent member of the company's Board of Directors.

Key Points: 
  • NEW YORK, Aug. 8, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc.(NASDAQ: SSC) ("SSC" or the "Company"), a leading global technology firm focusing on digital asset production and distribution, today announced the election of Mr. Chao Yang as an independent member of the company's Board of Directors.
  • Commenting on the appointment, Bruno Wu, Chairman and CEO of SSC, said: "We are honored and delighted to add an independent member of the caliber of Chao Yang to the SSC board.
  • About Seven Stars Cloud Group, Inc. ( http://www.sevenstarscloud.com/ )
    Seven Stars Cloud (SSC) is a global technology company focused on digital asset production and distribution.
  • Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Seven Stars Cloud to Announce Second Quarter 2018 Results

Retrieved on: 
Monday, August 6, 2018
Fiction, Cloud Strife, Mental illness in fiction

NEW YORK, Aug. 6, 2018 /PRNewswire/ --Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), plans to announce second quarter 2018 financial results in a press release that will be issued on Monday August 13, 2018 prior to the opening of the U.S. market.

Key Points: 
  • NEW YORK, Aug. 6, 2018 /PRNewswire/ --Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), plans to announce second quarter 2018 financial results in a press release that will be issued on Monday August 13, 2018 prior to the opening of the U.S. market.
  • The Company's Form 10-Q will also be released at that time.The release will be disseminated via newswire as well as posted on Seven Stars Cloud's website.
  • SSC's senior management will discuss the company's second quarter results on a conference call at 8:00 A.M. Eastern Time on Monday, August 13 (8:00 P.M. Beijing/Hong Kong Time); prepared remarks will be followed by a short question and answer period.
  • About Seven Stars Cloud Group, Inc. ( http://www.sevenstarscloud.com/ )
    Seven Stars Cloud (SSC) is a global technology company focused on digital asset production and distribution.

Seven Stars Cloud Raises $26 Million USD from Various Strategic Investors

Retrieved on: 
Monday, July 30, 2018
Economy, Cryptocurrencies, Money, Finance, Financial technology, Blockchain

NEW YORK, July 30, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), is pleased to announce that the Company has successfully raised $26M from various leading strategic investors.

Key Points: 
  • NEW YORK, July 30, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), is pleased to announce that the Company has successfully raised $26M from various leading strategic investors.
  • These investors consist of notable parties such as the following:
    1.Star Thrive Group Limited - part of the well-known Changan Investment Group Company Ltd .
  • This represents significant strategic value and synergies to SSC, across its supply chain and blockchain strategy.
  • About Seven Stars Cloud Group, Inc. ( http://www.sevenstarscloud.com/ )
    SSC is aiming to become a next generation Artificial-Intelligence (AI) & blockchain-powered, fintech service company, focusing on digital asset production and distribution.