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Gig Economy Game-Changer: Hallo Helper’s 2.0 Strategy Spurs Unprecedented 6-Month Surge!

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Hallo Helper, the democratized peer-to-peer gig economy platform, launched a 2.0 Strategy in the Last Quarter of 2022 that Achieved a Remarkable 66% Surge in User Base at a -50% Reduction in monthly Platform Operating Costs. The company is set to deploy 100% of its 2.0 strategies by 2024 to continue its growth and success in both web2 and web3 spaces. To deploy strategies, a Community Round Global Growth Campaign is scheduled for August 31, 2023 on wefunder.com/halloapp.

San Juan, Puerto Rico, July 27, 2023 /PRNewswire-PRWeb/ — Hallo Helper, the democratized peer-to-peer gig economy platform, announces its comprehensive mid-year progress report for the year 2023, highlighting significant milestones achieved under the transformative Hallo Helper 2.0 Strategy.

The results offer valuable insights into strategic initiatives, operational improvements, and key performance indicators that have driven the organization forward. With a commitment to transparency and accountability, this report serves as a vital resource for the public seeking a comprehensive understanding of Hallo Helper’s progress and trajectory.

The Hallo 2.0 Strategy, introduced in the final quarter of 2022, is a strategic response to core issues identified through thorough analysis of user data, feedback, and management reports spanning from 2021 to 2023. The strategy prioritizes six essential areas for improvement to ensure sustainable growth and elevate the platform’s position in the gig economy:

Discovery: Hallo Helper recognizes the significance of consistent brand and product messaging and is now focusing on highlighting the Social Features of its Peer-to-Peer Platform. By streamlining its brand messaging, the company aims to attract a wider audience and reinforce its unique value proposition.Acquisition: To reduce the High Customer Acquisition Cost (CAC) and promote organic growth, Hallo Helper sets deploy strategic measures to optimize its acquisition channels. The goal is to expand its user base using cost-effective methods, ensuring a steady influx of new users.User Activity: Enhancing in-app engagement and user sessions is a key focus area for Hallo Helper. By providing a compelling and interactive user experience, the platform aims to increase user activity and time spent on the app.Transactions: Hallo Helper is streamlining its transaction processes and facilitating seamless peer-to-peer interactions to encourage organic transaction volume. This approach uses AI technology geared towards making the platform more conducive to transactions, boosting user satisfaction.User Retention: The company places significant importance on retaining app users and has invested efforts in implementing effective user retention strategies. By addressing user needs and preferences, Hallo Helper aims to ensure that users remain engaged while using its end-user app products.Global Growth: As part of its ambitious growth plans, Hallo Helper intends to deploy funds strategically to facilitate demand-based global user growth. Focused on expanding its presence in micro-markets, the platform seeks to cater to a diverse user base worldwide.

Hallo Helper Surpasses Expectations in the First Half of 2023

In an impressive transformation, Hallo Helper, the Peer-to-Peer Platform, achieved remarkable success in the first half of 2023, outperforming previous records and setting new milestones. The company’s 2023 Mid-year results report unveiled a series of significant accomplishments that highlight its growth and financial health.

One of the key highlights of the report was the notable reduction of monthly operating costs by 50%. By leveraging data automations and Machine-learning AI Technology, Hallo Helper improved resource allocation, leading to enhanced financial stability and efficiency within its product ecosystem.

The platform experienced a surge in its user base, with Monthly Active Users (MAUs) increasing by an impressive +66%. This growth indicates a rapidly expanding and engaged customer community. The number of Hallo Helper users surpassed 4,500, demonstrating growing trust and satisfaction among its clientele. Thousands of global users are signing up for their demand-based initiative app waitlist page (hallopr.com/app-waitlist)

In terms of user growth, the company excelled with a remarkable increase of +180% compared to the previous year. This achievement showcased substantial market penetration and adoption of its end-user apps. Additionally, new user registrations skyrocketed by an incredible +223% over the same period last year, illustrating the successful implementation of growth strategies.

Hallo Helper’s efforts to captivate and retain users were also evident through a remarkable increase of +70% in user engagement compared to the previous year. The platform’s ability to keep users engaged speaks volumes about its appeal and relevance.

Furthermore, the in-app experience proved highly effective, as in-app conversions witnessed an impressive surge of +190% compared to the previous year.

In addition to user-related achievements, Hallo Helper excelled in search engine optimization (SEO), achieving a perfect 100% SEO Website Score. This success translated into enhanced organic traffic and improved visibility in search engines, further bolstering the platform’s reach and influence.

Looking Ahead: Remaining 65% of 2.0 Strategy Deploys

Hallo Helper has exciting plans for the remainder of 2023 and beyond. The tech-based platform is set to deploy more 2.0 strategies and boost its growth metrics. To fuel this initiative, a Community Round Global Growth Campaign is scheduled for August 31, 2023, with the goal of deploying Growth Funds to continue the strategy’s implementation by the end of the year. More details about the campaign can be found on their page at wefunder.com/halloapp.

Hallo Helper has already published its strategy documentation to merge into the Web3 space by positioning itself as a Web2.5 platform for a peer-to-peer gig economy. Through this, Hallo Helper aims to build a wider community encompassing both Web2 and Web3 spaces. Information about this initiative can be found at hallohelper.gitbook.io/usdhallo-coin.

The outcome of the upcoming community growth fund campaign will be pivotal in shaping the company’s trajectory. The Mid-year report suggests that the best-case scenario envisions a one million dollar growth fund deployment in 2023, while the worst-case scenario projects a zero dollars. Reportedly, any funds raised beyond $100k will be instrumental in supporting Hallo Helper’s ongoing path to exponential growth.

Company Chief Executive Officer, Jan Reese Rondina, expressed his utmost confidence in the platform’s strategic positioning and autonomous operations. Emphasizing its cost-efficiency at any scale via proprietary tech and AI/ML algorithms. A highly lucrative selling point for acquisition or mergers with high-cost operating overhead platforms such as TaskRabbit or Angi.

To stay updated on Hallo Helper’s progress and future endeavors, interested parties can visit www.hallopr.com.

With its strong performance in the first half of 2023 and ambitious plans for the future, Hallo Helper is poised to continue making waves in the peer-to-peer gig economy industry. Access to the 2023 Mid-year report is available on the company page at: company.hallopr.com/resources/investors

––

About Hallo Helper

Hallo Helper is a globally available peer-to-peer gig economy platform, enabling local users to post daily jobs for skilled individuals ready to offer their expertise within their community. With a mission to create a seamless and rewarding experience for both customers and gig workers, Hallo Helper is at the forefront of driving innovation in the gig economy. Hallo Helper is a registered product trademark of Hallo Technologies LLC.

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At -50% reduced costs, Hallo Helper achieved a +223% surge of new users in 2023. Be a part of our journey in becoming the most cost-efficient and globally available gig economy platform. We’ve currently just deployed 35% of our full 2.0 strategy.

Media Contact

Jan Reese Rondina, Hallo Technologies, 1 7876131068, press@hallohelper.com, https://company.hallopr.com

Alan Burke, BR Squared Ventures, alan@brsquaredventures.com, https://www.brsquaredventures.com

Twitter, LinkedIn

 

SOURCE Hallo Technologies

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Nagarro releases audited FY 2024 and unaudited Q1 2025 results, confirms existing guidance for 2025

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MUNICH, May 15, 2025 /PRNewswire/ — Nagarro, a global digital engineering leader, today announced its audited financial numbers for its full year ended December 31, 2024, and its unaudited financial numbers for the three months ended March 31, 2025. The Management Board and the Supervisory Board will propose to the Annual General Meeting a dividend of €1 per share.

Manas Human, Co-founder, said, “We are pleased to announce our robust results and confirm that we remain confident in our existing guidance for 2025. We have several growth and maturity initiatives now in motion, and we are excited about their potential to lift our trajectory in the months to come.”

2024 results

Revenue grew to €972.0 million in 2024, up from €912.1 million in 2023, a YoY growth of 6.6%. The constant currency growth in annual revenue was 7.2%. Gross profit grew to €295.8 million (as per the current method) and €253.9 million (as per the previous method) in 2024 from €235.7 million (as per the previous method) in 2023. As per the previous method, gross margin was 26.1% in 2024 compared to 25.8% in 2023. Adjusted EBITDA grew to €147.5 million in 2024 from €126.1 million in 2023. Adjusted EBITDA margin grew to 15.2% in 2024, up from 13.8% in 2023. EBITDA grew to €134.1 million in 2024 from €118.6 million in 2023. EBIT grew to €96.7 million in 2024 from €83.2 million in 2023. Net profit remained at €49.2 million in 2024, as in 2023. The number of clients doing more than €1 million in annual revenue with Nagarro rose from 181 in 2023 to 186 in 2024.

Operating cash flow grew to €86.5 million in 2024 from €79.7 million in 2023. Factoring utilization under the non-recourse factoring program was reduced by €3.5 million in 2024. Days of sales outstanding, calculated based on the quarterly revenue and including both contract assets and trade receivables, increased from 84 days on December 31, 2023, to 88 days on December 31, 2024.  

Nagarro’s cash balance at the end of 2024 was €192.6 million as against €110.1 million at the end of 2023. Nagarro’s loans and borrowings at the end of 2024 were €329.6 million as against €274.7 million at the end of 2023. The company reported 17,695 professionals as of December 31, 2024.

The Management Board and Supervisory Board will, for the first time, propose to the Annual General Meeting the distribution of a dividend of €1.00 per share. The proposed dividend marks an important milestone and underlines the company’s long-term value creation strategy.

As part of its commitment to strong corporate governance, the company will propose to the Annual General Meeting to expand the Supervisory Board. The newly proposed candidates – Martin Enderle, Hans-Paul Bürkner, and Jack Clemons – bring deep expertise in digital transformation, platform scaling, professional services, and finance and accounting. The company will also propose to reinstate Carl Georg Dürschmidt as a board member.

Q1 2025 results

Revenue grew to €246.9 million in 3M 2025, against €238.3 million in 3M 2024, a YoY growth of 3.6%. Gross profit was €75.5 million in 3M 2025, against €73.6 million in 3M 2024. Gross margin was 30.6% in 3M 2025, against 30.9% in 3M 2024. Adjusted EBITDA was €30.2 million in 3M 2025, against €39.2 million in 3M 2024. EBITDA was €33.0 million in 3M 2025, against €36.0 million in 3M 2024. EBIT was €24.1 million in 3M 2025, against €26.6 million in 3M 2024. Net profit was €11.2 million in 3M 2025, against €16.6 million in 3M 2024. The number of clients doing more than €1 million in annual revenue in the last 12 months with Nagarro rose from 181 on March 31, 2024, to 186 on March 31, 2025.

Operating cash flow grew to €29.8 million in 3M 2025, against €25.9 million in 3M 2024. Factoring utilization under the non-recourse factoring program was reduced by €6.7 million in 3M 2025 from December 31, 2024. Days of sales outstanding, calculated based on the quarterly revenue and including both contract assets and trade receivables, reduced to 81 days on March 31, 2025, from 88 days on December 31, 2024.

Nagarro’s cash balance at the end of March 31, 2025, was €162.2 million as against €192.6 million at the end of December 31, 2024. Nagarro’s loans and borrowings at the end of March 31, 2025, were €302.5 million as against €329.6 million at the end of 2024. The company reported 17,496 professionals as of March 31, 2025.

The summarized table for the twelve month period ended December 31, 2024, is as follows:

2024

2023

Growth

mEUR

mEUR

Revenue

972.0

912.1

6.6% YoY

7.2% YoY in constant currency

Gross profit (current method)

295.8

Gross profit (previous method)

253.9

235.7

7.7% YoY

Gross margin (current method)

30.4 %

Gross margin (previous method)

26.1 %

25.8 %

Adjusted EBITDA

147.5

126.1

16.9% YoY

Adjusted EBITDA margin

15.2 %

13.8 %

EBITDA

134.1

118.6

13.1% YoY

EBIT

96.7

83.2

16.3% YoY

Net profit

49.2

49.2

 

The summarized table for the three month period ended March 31, 2025, is as follows:

Q1

Q1

2025

2024

Growth

mEUR

mEUR

Revenue

246.9

238.3

3.6% YoY

2.4% YoY in constant currency

Gross profit

75.5

73.6

2.6% YoY

Gross margin

30.6 %

30.9 %

Adjusted EBITDA

30.2

39.2

Negative 22.8% YoY

Adjusted EBITDA margin

12.2 %

16.4 %

EBITDA

33.0

36.0

Negative 8.2% YoY

EBIT

24.1

26.6

Negative 9.5% YoY

Net profit

11.2

16.6

Negative 32.2% YoY

Nagarro SE will hold its analyst and investors meeting as a video call to discuss FY 2024 and Q1 2025 on May 15, 2025, at 1:00 pm CEST (4:00 am PT / 6:00 am CT / 7:00 am ET / 12:00 pm BST / 3:00 pm GST / 4:30 pm IST / 7:00 pm SGT / 8:00 pm JST).

 Nagarro SE will hold its retail investors call to discuss FY 2024 and Q1 2025 on May 15, 2025, at 2:30 pm CEST (5:30 am PT / 7:30 am CT / 8:30 am ET / 1:30 pm BST / 4:30 pm GST / 6:00 pm IST / 8:30 pm SGT / 9:30 pm JST).

To attend, please register in advance at https://www.nagarro.com/en/investor-relations/quarterly-statement-call-q1-2025 

About Nagarro

Nagarro, a global digital engineering leader, helps clients become fluidic, innovative, digital-first companies and thus win in their markets. The company is distinguished by its entrepreneurial, agile, and global character, its CARING mindset, and its Fluidic Enterprise vision. Nagarro employs around 17,500 people in 39 countries. For more information, please visit www.nagarro.com.

(FRA: NA9) (ISIN DE000A3H2200, WKN A3H220)

For inquiries, please contact press@nagarro.com.

Logo: https://mma.prnewswire.com/media/844192/3850575/Nagarro_Logo.jpg 

 

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SOURCE Nagarro Software Private Limited

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Tianma introducing new AMOLED display technologies at Display Week 2025

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Tianma, a leading global manufacturer of flat panel displays, is exhibiting its family of AMOLED technologies and solutions at Display Week 2025, Booth #416, San Jose, California, May 13-15.

SAN JOSE, Calif., May 15, 2025 /PRNewswire-PRWeb/ — Tianma, a leading global manufacturer of flat panel displays, is exhibiting its family of AMOLED technologies and solutions at Display Week 2025, Booth #416, San Jose, California, May 13-15. Tianma is introducing the following AMOLED products:

6.51″ HOI – This display – the world’s first three-in-one photosensitive functional screen – is equipped with Tianma’s self-developed HOI (Hybrid Optoelectronic Integration) technology. This HOI technology incorporates three essential functions through its innovative embedded sensor design: fingerprint recognition, ambient light and color temperature sensing, and OLED emitter monitoring. Compared to traditional fingerprint solutions, our display offers a larger sensing area and faster recognition speed, significantly enhancing the user experience. The integrated ambient light and color temperature sensor continuously monitors environmental lighting conditions, allowing the system’s SoC to dynamically adjust display parameters for optimal visual comfort in real time. Additionally, the OLED emitter monitoring function tracks brightness data and leverages intelligent compensation algorithms to ensure consistently high display performance throughout the product’s lifecycle.

6.67″ Switchable Privacy Display – Based on Tianma’s own switchable privacy display technology, this module allows for independent switching between share and privacy display modes to cater to users’ needs for rapid sharing/privacy switching in different application scenarios. The process that allows for switchable privacy is built into the AMOLED construction, using a black matrix in the pixel definition layer (PDL), combined with a novel structure at the subpixel level. In share mode, it offers clearer and brighter picture quality along with a wide viewing angle. When switched to privacy mode, the viewing angle is narrowed, eliminating users’ concerns about screen information leakage and safeguarding their privacy.

6.78″ New Fluorescent Tech AMOLED Display – This 6.78-inch AMOLED display utilizes Tianma’s own Fluorescent materials innovation: a New Fluorescent Blue (NFB), and a Phosphor-Sensitized Fluorescent (PSF) green AMOLED. Combining these techniques allows the device to achieve an internal quantum efficiency (IQE) approaching the theoretical limit. This technique overcomes traditional technology limitations through an innovative approach to emissive OLED materials driving the next generation of ultra-efficient displays. These new materials enable the latest evolution of AMOLED devices with richer colors, reduced power consumption, and extended lifetimes.

More information about the innovative new display solutions being displayed by Tianma is available at Booth 416 at Display Week and in the Tianma press kits, accessible online at usa.tianma.com/press

Additional information can be found at usa.tianma.com.

About Tianma America, Inc.

Tianma America (TMA) is the leading provider of small- to medium-size display solutions to the Americas market utilizing advanced technologies and manufacturing resources of the Tianma Group Companies, which includes R&D and manufacturing locations in Chengdu, Wuhan, Xiamen, Wuhu, Shenzhen and Shanghai China. Tianma America technologies can be found in automotive cockpit and rear seat entertainment devices, smartphones, tablet PCs, industrial and medical instrumentation, wearables, home automation, household appliances, and office equipment. Additional applications include test and measurement systems, instrumentation equipment, point-of-sale and ATM systems, gaming systems, global positioning systems, radio-frequency identification devices and barcode scanners.

Tianma America’s technology portfolio comprises: Micro-LED; a-Si, LTPS and Oxide-TFT LCD; rigid, flexible and transparent AM-OLED; 3D, PCAP and In-cell/On-cell integrated touch. With a network of best-in-class distributors and value-added partners, Tianma America provides complete display module solutions for a broad base of customers and applications. For more information, visit us at usa.tianma.com or connect with us on LinkedIn.

The content in this press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.

Media Contact

Dale Maunu, Tianma America, Inc., 1 (408) 816-7003, Dale.Maunu@tianma.com, usa.tianma.com

Bill Maurer, Macrovision, 1 215-348-1010, bill@macrovis.com, www.macrovis.com

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SOURCE Tianma America, Inc.

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KuCoin EU CEO Oliver Stauber Champions Trust and Innovation at HODL Summit 2025

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VICTORIA, Seychelles, May 15, 2025 /CNW/ — KuCoin, a leading global cryptocurrency exchange, proudly participated in the HODL Summit 2025, held on May 14-15 in Dubai. Oliver Stauber, CEO of KuCoin EU, joined distinguished panelists Gracy Chen, CEO of Bitget, Nils Andersen-Röed, Global Head of FIU at Binance, and moderator Nic Watson, Host of Encrypted Podcast, to discuss “Crypto‘s Trust Crisis: Navigating Security, Innovation & Adoption Post-Hacks.” During the panel, Oliver emphasized KuCoin’s commitment to security and trust, highlighting the industry’s resilience and unity in the face of challenges.

Strengthening Crypto‘s Foundation

“Innovation drives growth, but trust secures the future,” Oliver stated. “Security is the bedrock of KuCoin’s operations, paired with sustainable growth as our guiding principle.” KuCoin balances rapid global expansion with user asset safety through a focus on compliance and cutting-edge technology. The exchange has invested heavily in rebuilding its core systems, ensuring technical excellence and scalability for the long term.

Industry Unity and Resilience

During the panel, Oliver contrasted the crypto industry’s response to security challenges with the 2008 financial crisis. “When Lehman Brothers collapsed, trust among banks evaporated, leading to years of suffering for clients and the broader economy,” he said. “In contrast, when hacks occur in crypto, industry leaders collaborate swiftly. This unity ensures no user or the market as a whole suffers long-term damage, fostering trust from both users and the market.”

Rebuilding for a Secure Future

Oliver shared KuCoin’s proactive approach to security, noting that over the past years, the exchange has undertaken a comprehensive rebuild of its core systems. This initiative focuses on enhancing security protocols, improving scalability, and ensuring reliability to meet the demands of its growing user base while maintaining the highest standards of asset protection. These efforts reflect KuCoin’s commitment to staying ahead of threats and delivering a robust platform for its 40 million users worldwide.

Building Trust in the Crypto Ecosystem

“Exchanges are the backbone of crypto‘s future, built on transparency and trust. Our ISO 27001:2022 certification is a testament to our unwavering commitment to security,” Oliver asserted. KuCoin reinforces reliability with maintaining over 100% Proof of Reserves audited monthly by a third party, SOC 2 Type II certification, and the newly earned ISO 27001:2022 certification, announced May 13, 2025, as part of its efforts to build a more secure and trustworthy crypto ecosystem. Further, KuCoin recently announced its $2 billion Trust Project, aiming to set new benchmarks for security and compliance.

With five global regulatory licenses in hand, KuCoin plans to launch compliant platforms in Europe and Australia by late 2025, while expanding the KCS ecosystem to deliver greater value to its global community.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/

 

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SOURCE KuCoin

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