Tao | Jotup

Yalla Group Limited Announces Unaudited Third Quarter 2023 Financial Results

Retrieved on:

Monday, November 20, 2023

Yalla, Yalla Ludo and Yalla Parchis have been our main mobile applications for the periods presented herein; YallaChat and 101 Okey Yalla have been our main mobile applications since the fourth quarter of 2022; WeMuslim has been our main mobile application since the second quarter of 2023; and Ludo Royal has been our main mobile application since the third quarter of 2023.

Key Points:

Yalla, Yalla Ludo and Yalla Parchis have been our main mobile applications for the periods presented herein; YallaChat and 101 Okey Yalla have been our main mobile applications since the fourth quarter of 2022; WeMuslim has been our main mobile application since the second quarter of 2023; and Ludo Royal has been our main mobile application since the third quarter of 2023.
"We were pleased to achieve strong results in the third quarter of 2023," said Mr. Yang Tao, Founder, Chairman and CEO of Yalla.
When calculating the ARPPU, we include revenues generated from Yalla, Yalla Ludo, Yalla Parchis, 101 Okey Yalla (since the fourth quarter of 2022) and Ludo Royal (since the third quarter of 2023) in a given period.
Non-GAAP net income attributable to Yalla Group Limited's shareholders represents net income attributable to Yalla Group Limited's shareholders, excluding share-based compensation.

Remark Holdings Announces Third Quarter 2023 Financial Results

Retrieved on:

Monday, November 20, 2023

LAS VEGAS, Nov. 20, 2023 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital video analytics, today announced its financial results for its quarter ended September 30, 2023. For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC (www.sec.gov).

Key Points:

For complete details of the consolidated financial statements and accompanying management's discussion and analysis, please see Remark's filings with the SEC ( www.sec.gov ).
"During the third quarter of 2023, our team continued its tireless efforts to develop strategic relationships with top-level channel partners and with the best systems integrators—relationships that will position Remark to both geographically diversify and then quickly scale up business," said Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings.
Revenue for the third quarter of 2023 totaled $0.2 million, compared to $2.8 million during the same quarter in 2022.
The company's operating loss decreased to $4.1 million in the 2023 third quarter compared to $6.7 million in the same period of 2022.

The "24-Hour Electricity Butler" for More Convenient Public Electricity Usage

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Thursday, November 16, 2023

Tao, Dai, Smart, Electricity, State, WeChat, Renewable energy

It was sunny, and the photovoltaic panels on the roof of Li Bingfeng's were constantly generating clean electricity.

Key Points:

It was sunny, and the photovoltaic panels on the roof of Li Bingfeng's were constantly generating clean electricity.
"It is very convenient to have these photovoltaic panels installed," said Li, "The 'electricity butler' in 'Rainbow Power Group' provides door-to-door service throughout the entire process."
"As long as I sent a text in the WeChat group," said Lu Guimei, "the 'electricity butlers' came immediately to solve electricity problems."
The staff on duty evaluate the information in customer messages, and promptly arrange the nearby linesman to solve electricity problems.

Huawei Cloud: Unleash Cloud and Boost Business Excellence in Europe

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Wednesday, November 15, 2023

CONNECT, Cloud, Tao, Organization, SLA, Most, Ecosystem, Marketing, Intelligence, HUAWEI, Summit, Speech, Growth, Football, Travel, Architecture, Network equipment provider, Video game

"Huawei Cloud is dedicated to building a strong local ecosystem and empowering European enterprises to grow globally through our cloud," she stated.

Key Points:

"Huawei Cloud is dedicated to building a strong local ecosystem and empowering European enterprises to grow globally through our cloud," she stated.
Tim Tao, President of Huawei Cloud Europe, presented a keynote speech titled "Translate Our Cloud Expertise to Your Business Excellence."
He shared Huawei Cloud's progress in Europe over the past year: Huawei Cloud has expanded its global footprint by launching cloud Regions in Ireland and Türkiye.
At the event, Ray, Vice President of Huawei Cloud Europe Marketing and Solutions, and Leon Yu, Vice President of Huawei Cloud Global Ecosystem, introduced Huawei Cloud's cloud native technologies and ecosystem services in their speeches "Make the Most of Cloud and Become a New Cloud Native" and "Driving Growth Through Cloud Ecosystem".

Alliance For Good's Business and Philanthropy Forum 2023 Converges World's Wealthiest for Positive Change

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Tuesday, November 14, 2023

SINGAPORE, Nov. 14, 2023 /PRNewswire/ -- The Business and Philanthropy Forum 2023, hosted by the Alliance For Good (AFG) in Singapore from November 9-10, successfully convened the world's most influential family business leaders and next-generation philanthropists to promote the fusion of wealth and philanthropy for a brighter future.

Key Points:

SINGAPORE, Nov. 14, 2023 /PRNewswire/ -- The Business and Philanthropy Forum 2023, hosted by the Alliance For Good (AFG) in Singapore from November 9-10, successfully convened the world's most influential family business leaders and next-generation philanthropists to promote the fusion of wealth and philanthropy for a brighter future.
AFG's "Asia Vision: Wealth and Purpose" initiative, unveiled at the forum, champions family businesses and family offices as forces for good.
Over 500 business leaders pledged to engage nonprofit and social enterprise leaders in the upcoming year to drive meaningful change.
AFG aims to organize various events leading up to 2024 Forum, scheduled for November 3-4, 2024 in Singapore.

Global Times: China's senior officials vow to have intensified regulations to prevent financial risks as FSF kicks off in Beijing

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Thursday, November 9, 2023

Pan said the financial sector will help local governments dissolve debt risks, and ensure stable and healthy development of the housing market.

Key Points:

Pan said the financial sector will help local governments dissolve debt risks, and ensure stable and healthy development of the housing market.
Yi Huiman, chairman of China Securities Regulatory Commission (CSRC), Li Yunze, head of the National Financial Regulatory Administration and other senior officials, also addressed the opening ceremony.
In practice, the reform has led to even stricter regulatory measures, most notably, the enhancement of transparency, Yi stressed.
As an international bank rooted in China for 165 years, Standard Chartered will play the role of a "connector."

KE Holdings Inc. Announces Third Quarter 2023 Unaudited Financial Results

Retrieved on:

Wednesday, November 8, 2023

BEIJING, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points:

BEIJING, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2023.
Mobile monthly active users (MAU)5 averaged 49.2 million in the third quarter of 2023, compared to 42.4 million in the same period of 2022.
Net income attributable to KE Holdings Inc.’s ordinary shareholders was RMB1,158 million (US$159 million) in the third quarter of 2023, compared to RMB723 million in the same period of 2022.
The Company will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on Wednesday, November 8, 2023 (8:00 P.M. Beijing/Hong Kong Time on Wednesday, November 8, 2023) to discuss the financial results.

CDB Aviation Leases Fleet of Six Boeing and Airbus Aircraft to Hainan Airlines

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Monday, November 6, 2023

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced on the sidelines of Airline Economics’ Growth Frontiers 2023 Singapore conference the signing of lease agreements for a fleet of three new Boeing 737 MAX 8 and three Airbus A320neo aircraft with its existing Chinese airline customer, Hainan Airlines Co. Ltd (“Hainan Airlines”).

Key Points:

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced on the sidelines of Airline Economics’ Growth Frontiers 2023 Singapore conference the signing of lease agreements for a fleet of three new Boeing 737 MAX 8 and three Airbus A320neo aircraft with its existing Chinese airline customer, Hainan Airlines Co. Ltd (“Hainan Airlines”).
“We are very pleased to be building on our long-standing relationship with Hainan Airlines as they position their airlines to expand into the coming decade, aiming to operate a 1,000-strong fleet by 2029,” said Jie Chen, CDB Aviation’s Chief Executive Officer.
“CDB Aviation is confident that Asia will experience a robust rebound in air travel between now and the end of 2024.
The placement of six new generation aircraft demonstrates the confidence and determination of both parties to further our strategic cooperation,” stated Zhu Tao, President and CEO, Hainan Airlines.

China Yuchai Announces Board Committee Changes

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Friday, November 3, 2023

Tao, Independent director, CYD, NYSE, Compensated emancipation, Committee, Audit committee, Audit

SINGAPORE, Nov. 3, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") today announced that the Board of Directors has appointed Mr. Wong Hong Wai as a member of Audit Committee and Mr. Xie Tao as a member of Compensation Committee.

Key Points:

SINGAPORE, Nov. 3, 2023 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") today announced that the Board of Directors has appointed Mr. Wong Hong Wai as a member of Audit Committee and Mr. Xie Tao as a member of Compensation Committee.
With Mr. Wong's appointment as an Audit Committee member, the Audi Committee of the Company shall consist of three independent members.
Mr. Xie Tao is an Independent Director of the Company and Guangxi Yuchai Machinery Company Limited, the Company's main operating subsidiary in China.
Mr. Xie is also the Chairman of the Audit Committee of the Company.

Jon Iwata, 35-Year IBM Veteran and Founding Executive Director of Yale School of Management's Data & Trust Alliance, to be Awarded the Harold Burson Award at PRSA-NY 2023 Big Apple Awards

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Thursday, November 2, 2023

Iwata will receive the honor at the 2023 Big Apple Awards gala at Tao Downtown in New York City on November 15.

Key Points:

Iwata will receive the honor at the 2023 Big Apple Awards gala at Tao Downtown in New York City on November 15.
The Harold Burson Award is PRSA-NY's first and only individual award dedicated to a non-agency practitioner for excellence in communications.
I am so proud that my friend and mentor Jon has been named the 2023 Harold Burson Award recipient."
In 2023 he was awarded the Larry Foster Award for Integrity in Public Communications by the Page Center at Penn State University.