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QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special Adviser

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Expands global advisory team to further market leadership in enabling advanced encryption

CANBERRA, Australia and SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ — QuintessenceLabs, a pioneer and leader in enterprise-scale encryption orchestration, is proud to announce today that highly respected industry veteran Andy Penn has joined the company’s global advisory team as Special Adviser. The addition of Mr Penn, alongside other appointments, brings heightened expertise that will contribute to furthering our market leadership in the increasingly critical domain of advanced encryption solutions.

Andy has had an extensive career spanning over four decades across three industries – telecommunications and technology, financial services, and shipping. He was formerly the CEO of Telstra and before that the CEO of AXA Asia Pacific Holdings. He was also Chairman of the Australian Government’s Cyber Security Expert Advisory Board and a member of the Expert Advisory Panel for the Victorian State Electricity Commission.

“We are delighted to have the benefit of Andy’s deep experience and expertise from his many years leading two of Australia’s largest companies and his extensive Government policy work,” said QuintessenceLabs Founder and CEO, Dr Vikram Sharma. “Andy has deep experience in critical technologies and cybersecurity and in applying this practically both across business and government agencies and his insights will further our mission to enable advanced encryption capabilities, including quantum-resilient solutions, for our customers.”

Andy is a Member of the Advisory Board of REDSPICE a major program of the Australian Signal’s Directorate (ASD) to expand the range and sophistication of Australia’s intelligence, offensive and defensive cyber capabilities, a Member of the Quad Investors Network of the American Frontier Fund, and a Member of the Council of Trustees of the National Gallery of Victoria.  He is also a non-executive Director and Chair of the Audit and Risk Committee of the Coles Group.

“I am very pleased to be supporting the QuintessenceLabs team as they have developed unique capabilities in quantum key generation, crypto-agile key management, and quantum key distribution,” said Penn. “Encryption is a key resource in managing and mitigating the cybersecurity risks that we face as individuals, companies, and nations.”  

“Existing approaches to encryption management are becoming increasingly vulnerable as the technologies available to malicious actors become more sophisticated and powerful and quantum will take this to a whole new level. From all my work in cybersecurity, it is clear that encryption management has fallen way behind where it needs to be and we need to act urgently. QuintessenceLabs is at the forefront of helping solve this problem,” said Penn.

Also joining the QuintessenceLabs team as US Federal Adviser, is Bob Gourley, co-founder of OODA LLC. Bob is a seasoned enterprise technologist with expertise in cybersecurity, corporate governance, and strategy, having held leadership roles in U.S. defense and intelligence, including as former CTO for the Defense Intelligence Agency (DIA).

At OODA LLC, Bob leverages a global network to promote the use of advanced technologies in enterprises. Gourley, with significant experience as both a client and consultant, will guide QuintessenceLabs in building key strategic partnerships in North America.

Leading experts agree that enterprise-scale encryption is one of the critical pillars of a robust cybersecurity strategy for most organizations. QuintessenceLabs is primed to deliver global leadership in supporting customers to implement enterprise-scale encryption and achieve a quantum-resilient cybersecurity posture in a complex cyber threat environment. These appointments affirm our commitment to excellence and reflect our dedication to assembling a team of industry leaders and visionaries.

For more information visit: www.quintessencelabs.com/leadership.

About QuintessenceLabs

QuintessenceLabs is a global leader in post-quantum cybersecurity. The company offers a suite of solutions and services ranging from qStream, the world’s fastest quantum random number generator to qOptica a continuously variable quantum key distribution system which are underpinned by the Trusted Security Foundation (TSF), the industry’s most secure encryption key management platform. The company is currently working with governments and organizations worldwide to secure sensitive information today and into a post-quantum computing future. For more information, visit www.quintessencelabs.com or connect on LinkedIn.

View original content:https://www.prnewswire.co.uk/news-releases/quintessencelabs-appoints-andrew-andy-penn-ao-as-special-adviser-302059954.html

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LianLian Global and PayPal Power Cross-Border Payouts for Social Commerce, Marketplace, and eCommerce Customers

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Social commerce, marketplaces and eCommerce players served by LianLian Global can now pay creators, influencers, developers, and independent contractors directly to their PayPal and Venmo wallets.

NEW YORK, Oct. 22, 2026 /PRNewswire/ — LianLian Global  today announced it has partnered with PayPal (NASDAQ: PYPL) to enable its social commerce, marketplace and e-commerce clients to send payouts directly to PayPal accounts globally and to Venmo accounts in the U.S.

The creator and gig economy runs on fast, low-friction payouts. Brands are expected to spend $32.6 billion on creators in 2026 and roughly 50 million people worldwide create content professionally or semi-professionally (Gigapay Global Creator Economy Report 2026). Many of these recipients already hold a PayPal or Venmo account: PayPal had over 400 million active accounts across approximately 200 markets at the end of Q2 2026, and Venmo reached 67 million monthly active accounts in Q4 2025.

Paypal Payouts is live in 96 global markets and 24 currencies. It allows merchants to send to any email address, mobile number, or Venmo user handle, with or without an existing PayPal or Venmo account.

To support enterprises expanding globally, LianLian Global provides digital payment services including pay-in, pay-out, acquiring, foreign exchange, virtual cards and payment aggregation. To date, its parent company Lianlian DigiTech has served more than 13.3 million clients. Its services reach more than 200 countries and regions, support transactions and settlement in more than 140 currencies, and connect with more than 180 global e-commerce platforms.

The partnership combines LianLian Global’s cross-border collection, FX and compliance infrastructure with PayPal’s global wallet network. Key offerings include:

Pay to PayPal: Payouts from LianLian Global clients to PayPal account holders in 96 markets, using only the recipient’s email or phone numberPay to Venmo: Domestic U.S. payouts to Venmo users, including creators, influencers and independent contractorsPayPal Payouts for Platforms: Mass disbursements for social commerce, marketplaces and affiliate platforms paying large numbers of sellers, creators and contractorsSpeed to settle: Save time and money by eliminating check runs and postage; no need for routing numbers and bank accounts.

Sandra Lam, Deputy CEO of US at LianLian Global: “Social commerce is creating a new economy, where creators, influencers and independent sellers drive discovery and sales alongside the platforms they sell on. Paying these participants fast, across borders and in small amount is what powers the network effect of social commerce. We see our work with Paypal as a key step in building the payout rails for the global gig economy.”

The collaboration expands LianLian Global’s payout coverage and supports its growth in the U.S. and global markets as cross-border platforms scale their creator and contractor programs.

View original content:https://www.prnewswire.com/news-releases/lianlian-global-and-paypal-power-cross-border-payouts-for-social-commerce-marketplace-and-ecommerce-customers-302917635.html

SOURCE LianLian Global

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Crab2B Debuts as Hong Kong’s First Dedicated B2B Platform for Mobile Electronics

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HONG KONG, Oct. 23, 2026 /PRNewswire/ — With the global population surpassing 8 billion, mobile electronics have become essential to modern life, with smartphones now used by billions of people. Across approximately 13,861 cities worldwide, electronics wholesalers play a vital role in the supply chain. Among the world’s three major wholesale hubs for digital electronics, Dubai serves the Middle East and Africa, Miami connects markets across Latin America, and Hong Kong draws strength from its unique position linking mainland China with global markets. According to Hong Kong Customs data, re-exports of used mobile phones from Hong Kong reached 51.5 million units in 2025, while the total value of electronics exports hit HK$3.9216 trillion. Yet despite its value running into the trillions of Hong Kong dollars, it has long lacked a dedicated online platform.

Crab2B was created to fill this gap as Hong Kong’s first B2B platform dedicated to mobile electronics. Inspired by Alibaba’s online B2B marketplace model, the platform focuses on consumer electronics, bringing together hundreds of thousands of buyers and sellers worldwide and enabling them to connect directly.

Crab2B covers a broad range of products, including smartphones, tablets, laptops and other smart devices. Listings span brand-new and used devices, as well as certified pre-owned (CPO) and as-is products. The platform also connects buyers and suppliers with service providers offering product inspection, international logistics and repair services. Users can search for products by brand and model, while all merchants undergo rigorous verification before joining the platform. With these safeguards in place, Crab2B is designed to meet the needs of businesses across the value chain, protect the interests of both buyers and sellers, and facilitate mutually beneficial transactions.

Building on Hong Kong’s established trading network, Crab2B made its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, held at AsiaWorld-Expo from October 18 to 21, 2026, where it also launched the Crab2B app. Looking ahead, Crab2B will remain firmly rooted in Hong Kong while expanding its global reach, continuing to refine the platform to deliver a smarter, more comprehensive digital marketplace for mobile electronics. By helping international buyers identify suitable suppliers, simplifying cross-border sourcing and reducing transaction costs, Crab2B aims to support the continued growth of Hong Kong’s digital trade sector and contribute to the city’s long-term prosperity and stability.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/crab2b-debuts-as-hong-kongs-first-dedicated-b2b-platform-for-mobile-electronics-302917652.html

SOURCE CRAB 2B TECHNOLOGY INVESTMENT CO., LIMITED

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AiMOGA Launches Global Robot Innovation: Mobo Debuts from Wuhu, Empowering Homes and Businesses

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KUALA LUMPUR, Malaysia, Oct. 23, 2026 /PRNewswire/ — AiMOGA Robotics has officially launched Mobo, its first consumer-grade humanoid family companion robot, marking a new chapter in intelligent living for Malaysian households and enterprises. Unveiled globally from AiMOGA’s headquarters in Wuhu, China, during a joint international users summit with its sister brands, this groundbreaking product reflects the company’s commitment to worldwide innovation and technological excellence.

Standing 0.9 meters tall with 22 degrees of freedom, Mobo supports over 20 languages—including Bahasa Malaysia—and delivers rich, personalized interactions. Designed for family life, it offers children interactive learning, storytelling, and object recognition, while providing elders with conversational companionship and customizable reminders. Powered by MoAgent, AiMOGA’s embodied intelligence system, Mobo features a dual-brain architecture enabling real-time responses, multi-tasking capabilities, and adaptive learning through facial recognition and secure MogaCloud integration.

Peng Xia, AiMOGA Robotics Executive Vice President, said Mobo’s spatial perception, interaction, execution, decision-making, and cognition layers form a perception-decision-execution-feedback loop. Spatial memory enables object retrieval, while social navigation recognizes pedestrian paths and interaction zones. Multimodal technologies coordinate language, facial expressions, and movement for natural interaction.

Beyond home use, Mobo shows strong potential in professional settings—from customer service to logistics—supporting AiMOGA’s vision of integrating robotics into everyday workflows.

Since its debut in August 2026, Mobo has attracted over 10,000 prospective users. Thirty-five were selected as Global User Experience Officers, receiving one year of complimentary use to help shape future improvements.

At the event, Guibin Zhang, AiMOGA Robotics General Manager, outlined strategies in R&D, cost optimization, sales and leasing. The “Platform Institute + Scenario Institute” model drives validation for bipedal, quadruped, and wheeled robots. Plans include 300 global experience centers and “Jia Tian Xia”, a robot leasing brand launching in Wuhu. Leveraging Chery’s manufacturing and platform resources enhances cost efficiency and scalability.

Notably, AiMOGA’s impact in Malaysia is amplified through strategic collaboration with sister brands Chery, OMODA & JAECOO, iCAUR, and LEPAS. Their partnership extends far beyond vehicle showrooms and daily operations—jointly developing integrated smart ecosystems that span mobility, retail, smart offices, and connected living.

As part of a global rollout with over 3,000 units deployed across 60+ markets, this initiative aims to bring intelligent, accessible robotics to more Malaysian families and businesses—enhancing productivity, convenience, and quality of life.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aimoga-launches-global-robot-innovation-mobo-debuts-from-wuhu-empowering-homes-and-businesses-302917658.html

SOURCE AiMOGA Robotics

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