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Busan Digital Asset Exchange and CertiK Reach Strategic Cooperation to Promote Security Upgrade of Digital Asset Transactions
GlobeNewswire· 2025-01-15 08:44
Cooperation Overview - CertiK will provide cutting-edge security technology and long-term support to Busan Digital Asset Exchange (Bdan) to help it become a core component of the global blockchain trading ecosystem [1] - CertiK and Bdan signed a memorandum of understanding (MOU) to jointly promote global business cooperation and security infrastructure, focusing on the security of digital assets and real-world asset (RWA) transactions [2] - CertiK will support Bdan in building a secure and transparent digital asset trading ecosystem [2] Strategic Goals - Bdan aims to build an exchange security system that meets international standards and become a benchmark for digital asset trading in South Korea [3] - Bdan is committed to investor protection and creating a fair and transparent trading environment [3] - CertiK will fully support Bdan in constructing a secure and transparent trading platform and leading the development of the digital asset industry [3] CertiK's Expertise - CertiK is a leading Web3 security company providing full life cycle security solutions, including auditing, security ratings, compliance, anti-money laundering, investment, and security-related services [3] - CertiK has safeguarded over $515.4 billion in digital assets and served more than 4,800 blockchain projects, including Aptos, Binance, Ripple, and TON [3] - CertiK has discovered and fixed critical vulnerabilities in Samsung and Apple systems, receiving official public recognition [3] Bdan's Development - Bdan has launched a new platform, "Bdan" beta version, with the official release scheduled for March 2025 [4] - Bdan has reached strategic cooperation with BitGo, ADDX, Osaka Digital Asset Exchange (ODX), GreenX, TokenX, and other companies [4] - Bdan is working toward achieving a global digital financial center and promoting blockchain innovation [4]
[Latest] Global GDPR Services Market Size/Share Worth USD 31,435 Million by 2033 at a 28.64% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
GlobeNewswire· 2025-01-15 08:30
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global GDPR Services Market size & share revenue was valued at approximately USD 2,010 Million in 2023 and is expected to reach USD 2,234 Million in 2024 and is expected to reach around USD 31,435 Million by 2033, at a CAGR of 28.64% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are IBM Corporation, Oracle, Microsoft, Micro ...
[Latest] India Refrigerator Market to Hit Valuation of US$ 12.09 Billion By 2033 | Astute Analytica
GlobeNewswire· 2025-01-15 08:30
Market Overview - The India refrigerator market is projected to reach a valuation of US$ 12.09 billion by 2033, growing from US$ 5.40 billion in 2024 at a CAGR of 9.37% [1] - The market is driven by robust manufacturing capabilities, rising household incomes, and improved electrification in rural areas [3] - Domestic factories produced around 17 million refrigerators by early 2024, with 3 million featuring inverter compressors [3] - Approximately 2 million rural families purchased their first refrigerator in 2023, indicating market expansion beyond urban areas [3] Key Market Segments - By Type: Top Freezer dominates with 50.65% market share [4] - By Capacity: 200-499 L refrigerators account for 63.68% of the market [4] - By Technology: Direct Cool models hold 77.52% market share [4] - By End Users: Residential segment leads with 87.68% market share [4] Market Drivers and Trends - Expanding cold-chain networks and rapid e-commerce growth are key drivers [4] - Rising disposable incomes encourage adoption of premium, feature-rich refrigerators [4] - Shift towards smart, IoT-enabled models and energy-efficient technologies are major trends [4] - Integration of aesthetic design is elevating refrigerators as luxury household decor assets [4] Frost-Free Refrigerators - Frost-free refrigerator demand is surging with a projected CAGR of 9.88% [7] - Over 6 million frost-free units were sold in the first nine months of 2023 [7] - Around 1 million first-time refrigerator buyers opted for frost-free models [7] - Manufacturers introduced 2,000 newly trained technicians to handle advanced repair needs [7] Mid-Capacity Refrigerators (200-499 L) - Over 63% of all refrigerators sold fall within the 200-499 L capacity range [23] - Around 12 million mid-capacity units were shipped in the first half of 2023 [23] - E-commerce platforms recorded over 2 million online orders for this category [23] - 500 local dealerships revamped showrooms to feature mid-capacity refrigerators [23] Top-Freezer Refrigerators - Top-freezer refrigerators are in high demand, especially in tier-2 and tier-3 cities [21] - 9 million top-freezer units were produced between 2023 and 2024 [21] - Online retailers shipped 340,000 top-freezer refrigerators in the first half of 2024 [21] - 6 out of 10 new buyers seeking mid-range appliances favored top-freezer designs [21] Key Players and Market Share - LG and Samsung control over 59% of the India refrigerator market [9] - Both brands introduced over 50 premium models in 2023 and shipped nearly 6 million mid-range units [9] - They maintain over 600 authorized service centers nationwide and processed 200,000 obsolete units through e-waste collection initiatives [10] - Other major players include Blue Star Limited, Robert Bosch GmbH, Croma, and Godrej Group [11] Technological Advancements - Advanced manufacturing plants with robotic assembly lines increased from 20 to 28 [3] - 7 next-generation compressor designs debuted in 2023, enhancing efficiency [8] - Convertible freezer setups and IoT-enabled controls are gaining popularity [19] - Government campaigns promoting energy-efficient appliances are driving innovation [19]
Yum China to Report Fourth Quarter and Fiscal Year 2024 Financial Results
Prnewswire· 2025-01-15 08:30
SHANGHAI, Jan. 15, 2025 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2024, before the U.S. market opens on Thursday, February 6, 2025 (after the trading hours of the Hong Kong Stock Exchange on Thursday, February 6, 2025). Yum China's management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time on Thursday, Feb ...
FinVolution's SVP Ming Gu speaks at Asian Financial Forum, highlighting opportunities in CreditTech for Southeast Asia's underserved
Prnewswire· 2025-01-15 08:22
HONG KONG, Jan. 15, 2025 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech service provider in the pan-Asian region, reaffirmed its commitment yesterday to advancing financial inclusion through cutting-edge credit technology and strategic partnerships at the Asian Financial Forum 2025 in Hong Kong.Dr. Ming Gu, Senior Vice President of FinVolution Group, shared his insights on how fintech innovation is transforming access to credit for underserved populations in Southeast Asia. FinVolutio ...
CallTower Appoints Andy Murphy as Sales Director for EMEA
GlobeNewswire· 2025-01-15 08:01
Seasoned Sales Leader to Drive Growth and Expansion in the EMEA RegionSALT LAKE CITY, UT, ROCHESTER, NY, MONTREAL, QC, LONDON, Jan. 15, 2025 (GLOBE NEWSWIRE) -- CallTower, a global leader in delivering unified communications, contact center, and collaboration solutions, including Microsoft Teams, Webex by Cisco, and Zoom, announced the appointment of Andy Murphy as the new Sales Director for Europe, the Middle East, and Africa (EMEA). Andy Murphy brings over two decades of experience in the telecommunicati ...
Stearman Signs Option to Acquire 100% of Brassie Creek Property in BC
GlobeNewswire· 2025-01-15 08:01
Acquisition and Exploration - The company has entered into an option agreement to acquire a 100% interest in the Brassie Creek Property, which consists of 9 mineral claims covering 1,862 hectares, located 48 km west of Kamloops, British Columbia, and is prospective for copper, gold, and silver [1] - The option agreement requires cash payments of $200,000, exploration expenditures of $54,000, and the issuance of 300,000 shares over a 4-year period, with $2,500 and 50,000 shares to be delivered initially [2] - The company plans to consider an exploration program for the Brassie Creek Property in the spring of 2025 [2] Location and Historical Context - The Brassie Creek Property is located in a prolific copper-producing area, 15 km from Teck Resources' Highland Valley Copper Mine, the largest open-pit mine in Canada, which has been producing copper, gold, and molybdenum since 1962 [4] - The New Afton Mine, producing copper and gold since 2012, is located 36 km east of the property, and Getty Copper's Getty North prospect is located 17 km south of the property [4] - The property has a history of exploration since 1970, including drilling from 1970 to 1976 and 1998 to 2000, and a geophysical program in 2020 that supports further exploration [6] Company Overview - The company is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in Canada and the USA [5] - The company currently holds an option on the Miniac Property in Quebec, which consists of 78 claims over 4,110 hectares, prospective for gold, zinc, copper, and silver [5] Corporate Actions - The company has granted stock options to directors and officers, exercisable for 400,000 common shares at $0.05 each for three years, in accordance with the company's Stock Option Plan [7]
Copenhagen Infrastructure Partners launches 800MW green hydrogen project in Northern Germany
GlobeNewswire· 2025-01-15 08:00
Project Overview - Project Anker is a green hydrogen production facility located in Sande, Lower Saxony, Germany, initiated by Copenhagen Infrastructure Partners (CIP) and Friesen Elektra Green Energy AG [4] - The project will have an initial electrolysis capacity of 400 MW, with plans to expand to 800 MW in the future [4] - It is strategically located near Wilhelmshaven, an important energy and industrial hub, and close to the future German hydrogen core network [8] Environmental Impact - Project Anker will be powered by renewable energy from the grid, supported by offshore and onshore wind, as well as solar energy [5] - The project can reduce CO₂ emissions by up to 2.4 million tons annually, equivalent to the emissions of approximately 340,000 households [5] Economic and Industrial Benefits - The project is projected to produce 80,000 tons of green hydrogen annually, benefiting key German industries such as steel, chemicals, and the transport sector [8] - It will bolster the regional economy in Lower Saxony by creating new jobs, fostering growth, and encouraging active community engagement [8] Company and Fund Details - CIP manages 12 funds and has raised approximately EUR 31 billion for investments in energy and associated infrastructure from over 180 international institutional investors [3] - CIP's Energy Transition Fund I (CI ETF I) is the largest dedicated greenfield green hydrogen fund worldwide, with a portfolio of Power-to-X projects totaling around 6.5 GW of electrolyser capacity globally [2] - CIP is the world's largest dedicated fund manager within greenfield renewable energy investments, focusing on offshore and onshore wind, solar PV, biomass, energy-from-waste, transmission, distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X [6] Strategic Collaboration - CIP and Friesen Elektra are collaborating to accelerate the energy transition and advance decarbonization by leveraging their combined strengths and expertise [1][4] - The collaboration aims to create one of Germany's premier hydrogen production sites, contributing significantly to the country's carbon-neutral future [1][4]
DataParser adds support for collecting Microsoft Teams custom emojis and reactions
GlobeNewswire· 2025-01-15 08:00
Teams custom emojis and reactions can now be archived with DataParser. Capturing users’ reactions along with chat content enables context in the Teams conversation.NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- 17a-4’s DataParser, the leading connector for bringing third-party data into archives and eDiscovery systems, has enhanced support for the collection of Microsoft’s Teams with capture of users’ custom emojis and reactions. Microsoft Teams is the hub for teamwork in Microsoft 365. The Teams service enabl ...
Kalmar and Maputo Port Development Company strengthen ties with new equipment order
GlobeNewswire· 2025-01-15 08:00
Core News Summary - Kalmar has signed an agreement with Maputo Port Development Company (MPDC) to supply five Kalmar T2i terminal tractors, four Kalmar heavy forklift trucks, and one Kalmar medium forklift truck [3] - The order includes MyKalmar INSIGHT coverage for all units and was booked in Kalmar's Q4 2024 order intake, with delivery scheduled for Q3 2025 [3] - MPDC is a private company formed as a partnership between the Mozambican Railway Company and Portus Indico, holding the concession for Maputo Port until 2058 [4] - MPDC's fleet already features close to 60 Kalmar terminal tractors and forklift trucks [4] Equipment and Technology - The MyKalmar INSIGHT performance management tool will enable MPDC to turn data into actionable insights, improving fleet operations and efficiency [5] - The new Kalmar machines are expected to help MPDC achieve higher volume throughput, given the port's record-breaking volumes [6] Company and Industry Context - Kalmar is a global leader in sustainable material handling equipment and services, operating in over 120 countries with approximately 5,200 employees [7] - In 2023, Kalmar's sales totaled approximately EUR 2.0 billion [7] - MPDC is one of Kalmar's most valued and long-standing customers in the Southern Africa region, with a strong relationship built on mutual respect and trust [6] Quotes from Key Stakeholders - David Pacule, Maintenance Manager, MPDC: "The Kalmar equipment in our fleet has proved to be exceptionally reliable and the after-sales support we receive is first class" [6] - Byron Meugens, Head of Sales, Southern Africa, Kalmar: "MPDC's commitment to excellence aligns seamlessly with our mission to provide innovative and efficient solutions" [6]