Business

Leading Small Business Software Provider Thryv Holdings, Inc. Announces Closing of the Acquisition of Australia’s Sensis from Platinum Equity and Telstra

Tuesday, March 2, 2021 - 12:07am

Thryv Holdings, Inc. (NASDAQ:THRY), the provider of Thryv software, the end-to-end client experience platform for growing small businesses, today announced it has closed the acquisition of Sensis , Australias leading digital, marketing and directory services provider from Platinum Equity and Telstra Corporation Limited (ASX: TLS).

Key Points: 
  • Thryv Holdings, Inc. (NASDAQ:THRY), the provider of Thryv software, the end-to-end client experience platform for growing small businesses, today announced it has closed the acquisition of Sensis , Australias leading digital, marketing and directory services provider from Platinum Equity and Telstra Corporation Limited (ASX: TLS).
  • Thryv supports franchise operators and multi-location business owners with Hub by Thryv, a software console that enables businesses managers to oversee their operations using the Thryv software.
  • Small businesses account for 35 percent of Australias gross domestic profit and employ 44 percent of Australias workforce.
  • Of the 877,744 total employing businesses, 823,551 are small businesses (93.8%) Small Business Counts Survey 2019.

China We-Media Marketing Market Report 2021-2025: Use of We-Media in Fashion Industry / Short-Form Video Marketing / Rapid Growth of Performance Based We-Media Marketing

Monday, March 1, 2021 - 11:30pm

"China We-Media Marketing Market: Size & Forecasts with Impact Analysis of Covid-19 (2021-2025)" provides detailed analysis of China we-media marketing market by value.

Key Points: 
  • "China We-Media Marketing Market: Size & Forecasts with Impact Analysis of Covid-19 (2021-2025)" provides detailed analysis of China we-media marketing market by value.
  • Performance based we-media market can be further split into app marketing, e-commerce marketing, online promotion activities and HTML 5 related content marketing.
  • Use of we-media in the fashion industry, short-form video marketing and rapid growth of performance-based we-media marketing are some of the trends in the market.
  • China we-media marketing service providers witnessed growth in revenues mainly from performance-based we-media marketing service of online products.

TTEC's Board of Directors Declared an Increase in the Semi-Annual Cash Dividend

Monday, March 1, 2021 - 11:10pm

This semi-annual dividend represents a 7.5 percent increase over the dividend paid in October 2020 and 26.5 percent increase over the dividend paid in April 2020.

Key Points: 
  • This semi-annual dividend represents a 7.5 percent increase over the dividend paid in October 2020 and 26.5 percent increase over the dividend paid in April 2020.
  • TTEC Holdings, Inc.(NASDAQ: TTEC) is one of the largest, global CX (customer experience) technology and services innovators for end-to-end, digital CX solutions.
  • The Companydelivers leading CX technologyand operational CX orchestration atscale through its proprietary cloud-based CXaaS (Customer Experience as a Service) platform.
  • The Company's Engage business delivers digital customer engagement, customer acquisition & growth, content moderation, fraud prevention, and data annotation solutions.

TTEC Has Agreed to Acquire Avtex, a CX Technology Leader, Expanding Its Position as the Global Go-To-Partner for Next-Generation End-to-End Digital Customer Experience Solutions

Monday, March 1, 2021 - 11:00pm

With this acquisition, TTEC will further expand its position as one of the leading global CX technology innovators and largest providers of end-to-end digital customer experience solutions worldwide.

Key Points: 
  • With this acquisition, TTEC will further expand its position as one of the leading global CX technology innovators and largest providers of end-to-end digital customer experience solutions worldwide.
  • A proven leader in digital CX transformation, Avtex will enhance TTEC's proprietary CX technology portfolio and extensive global partnerships.
  • "This acquisition will be transformational for TTEC and will expand our position as the global go-to-partner for holistic, cloud-based customer experience solutions.
  • TTEC Holdings, Inc. (NASDAQ: TTEC) is one of the largest global CX (customer experience) technology and services innovators for end-to-end, digital CX solutions.

World Connection Announces New CEO; Former CEO and Founder Transitions to New Role as Executive Chairman of Board of Directors

Monday, March 1, 2021 - 10:13pm

Vignolo will transition to a new position as Executive Chairman, providing counsel and guidance to World Connections' leadership and supporting the ongoing successful execution of World Connections' long-term strategic plan.

Key Points: 
  • Vignolo will transition to a new position as Executive Chairman, providing counsel and guidance to World Connections' leadership and supporting the ongoing successful execution of World Connections' long-term strategic plan.
  • "Even in the mixt of a pandemic in 2020, we have seen strong achievement under Wu-Curtis' leadership," said Andy Salisbury, Board Member/Co-Founder.
  • "We believe it is time to empower our next generation to lead World Connection into its future.
  • World Connection S.A. and World Connection LLC is a privately-owned global provider of call center, back office, and business process outsourcing services.

GSX Provides Update on Its Internal Review

Monday, March 1, 2021 - 10:09pm

BEIJING, March 1, 2021 /PRNewswire/ --GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today provided an update on the status of its internal review.

Key Points: 
  • BEIJING, March 1, 2021 /PRNewswire/ --GSX Techedu Inc. (NYSE: GSX) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today provided an update on the status of its internal review.
  • As previously disclosed, following the publication of a number of short-seller reports about the Company from early- to mid-2020, the Company's independent audit committee engaged third-party professional advisers to conduct an independent review into these reports' key allegations (the "Internal Review").
  • The Internal Review is now substantially complete.
  • Based on the agreed upon scope and procedures performed, the Internal Review did not uncover evidence that would have a material impact on GSX's previously reported financial statements.

ACCO Brands Corporation Prices Private Offering of $575 Million of Senior Unsecured Notes

Monday, March 1, 2021 - 10:53pm

ACCO Brands Corporation (NYSE: ACCO), one of the worlds largest designers, marketers and manufacturers of branded academic, consumer and business products, today announced that it priced a private offering of $575 million in aggregate principal amount of 4.25% Senior Unsecured Notes due 2029.

Key Points: 
  • ACCO Brands Corporation (NYSE: ACCO), one of the worlds largest designers, marketers and manufacturers of branded academic, consumer and business products, today announced that it priced a private offering of $575 million in aggregate principal amount of 4.25% Senior Unsecured Notes due 2029.
  • The company intends to use the proceeds from the offering to redeem all $375 million outstanding principal amount of its 5.25% Senior Unsecured Notes due December 2024, to repay approximately $180 million in outstanding borrowings under the Companys secured revolving credit facility and to pay fees and expenses related to the offering of notes.
  • Offers of the notes will be made only by means of a private offering memorandum.
  • ACCO Brands Corporation is one of the worlds largest designers, marketers and manufacturers of branded academic, consumer and business products.

Genuine Parts Company Announces Officer Change

Monday, March 1, 2021 - 9:56pm

ATLANTA, March 1, 2021 /PRNewswire/ --Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors has appointed Napoleon B. Rutledge, Jr, Senior Vice President of Finance, to the additional role of Chief Accounting Officer of the Company.

Key Points: 
  • ATLANTA, March 1, 2021 /PRNewswire/ --Genuine Parts Company (NYSE: GPC) announced today that its Board of Directors has appointed Napoleon B. Rutledge, Jr, Senior Vice President of Finance, to the additional role of Chief Accounting Officer of the Company.
  • Paul Donahue, Chairman and Chief Executive Officer, stated, "Napoleon has been a key financial officer of the Company for more than 10 years, and he is well-qualified and deserving of his new leadership role.
  • At Genuine Parts Company, Mr. Rutledge has worked in a variety of financial management roles and has extensive experience in corporate finance, treasury, risk management, audit and SEC reporting.
  • Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts.

Delek US Holdings Names Todd O'Malley EVP and Chief Commercial Officer

Monday, March 1, 2021 - 9:15pm

BRENTWOOD, Tenn., March 1, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Todd O'Malley to EVP, Chief Commercial Officer effective March 1, 2021.

Key Points: 
  • BRENTWOOD, Tenn., March 1, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Todd O'Malley to EVP, Chief Commercial Officer effective March 1, 2021.
  • "We are pleased to welcome Todd to the Delek family" said Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US.
  • "Todd brings a wealth of private equity, trading, capital markets, operations, and management expertise in the energy and renewable sectors to his role at Delek.
  • He has previously held C-suite positions at Citizens Companies (President and CEO), Gulf Oil (EVP and Chief Commercial Officer), PBF Logistics (President), and PBF Energy (SVP and Chief Commercial Officer).

Kroger Announces Retirement of EVP and COO Mike Donnelly

Monday, March 1, 2021 - 9:05pm

CINCINNATI, March 1, 2021 /PRNewswire/ --The Kroger Co. (NYSE: KR) today announced the retirement of Mike Donnelly, executive vice president and COO, after more than 42 years of distinguished service, effective later this spring.

Key Points: 
  • CINCINNATI, March 1, 2021 /PRNewswire/ --The Kroger Co. (NYSE: KR) today announced the retirement of Mike Donnelly, executive vice president and COO, after more than 42 years of distinguished service, effective later this spring.
  • Donnelly was named president of the Ralphs division in 2007, and promoted to senior vice president of merchandising for Kroger in 2011.
  • Donnelly was promoted to executive vice president in 2015, and to his current role as COO in 2017.
  • As COO, he has responsibility for Operations, Merchandising, Marketing, Supply Chain, Manufacturing and Kroger Health.