Connect with us

Technology

Mobily, Tencent to Spearhead Global Digital Ecosystem in Saudi Arabia

Published

on

Tencent Cloud and Mobily are collaborating to launch a new enterprise cloud platform in Saudi Arabia. This platform aims to support the enterprise’s business sector digitally and contribute to the Kingdom’s vision of becoming a global hub for business and entertainment.

RIYADH, Saudi Arabia, March 6, 2024 /PRNewswire/ — Etihad Etisalat (Mobily), a leading digital enabler in the technology, media, and telecom (TMT) sector in the Kingdom of Saudi Arabia (KSA), and Tencent Cloud, the cloud business of global technology company Tencent, have joined forces to launch the ‘Go Saudi’ program, aimed at revolutionizing the digital landscape of the Kingdom as it grows into a global business and entertainment hub.

As one of the largest telcos by wireless network coverage in Saudi Arabia and the Middle East, Mobily’s partnership with Tencent Cloud allows it to strategically diversify its enterprise business solutions, tapping on new technologies ranging from Artificial Intelligence (AI), Cloud, Big Data, Immersive Convergence, to capture new opportunities in the TMT sector and beyond.

Supporting Mobily’s Aspirations to Create an All-compassing Digital Ecosystem 

The ‘Go Saudi’ program – which was announced and went live today at KSA’s flagship LEAP 2024 tech event – will take shape on several levels. Firstly, it provides a newly revolutionized enterprise cloud platform, built and powered by Tencent Cloud Enterprise (TCE), to provide integrated IT services, including Computing, Database, Network, Storage, Security, and other underlying digital fundamentals.

Mobily will utilize this platform to create a host of new, next-gen media and AI services, such as media processing capabilities, real-time communication and hosting for streaming and video-on-demand, digital human creation, and more, to benefit the company’s fast-growing portfolio of enterprise clientele. The enterprise-grade private cloud platform will prioritize user privacy and data security, with the aim to foster a trusted cloud environment, in order to appeal to businesses seeking a secure and reliable cloud solution to meet regulatory requirements and ensuring data protection. Mobily’s business revenues have doubled since 2018 to represent more than twenty percent of total revenue as of 2022.[1]

Secondly, in leveraging the TCE platform, Mobily will explore Tencent Cloud Mini Program Platform (TCMPP) capabilities, to offer integrated daily live services to connect subscribers and Internet users with enterprises and business communities, all within a single digital ecosystem.

Eng. Salman Bin Abdulaziz Al Badran, Mobily’s chief executive officer, said “Mobily’s collaboration with Tencent Cloud enable us not just to scale our enterprise business further, but to play a much more active role in raising the Kingdom of Saudi Arabia’s profile as the preferred hub for global businesses expanding into the region.”

Meanwhile, Senior Executive Vice President and Chief Executive Officer of Tencent Cloud and Smart Industries Group (CSIG), Dowson Tong, highlighted that the revamped enterprise cloud platform will give Mobily powerful new capabilities to grow its enterprise business across a much broader demographic of public and private sector customers.

“With more than 20 years of experience serving over a billion internet users with digital content, social communications, and gaming-related products and services, Tencent Cloud is confident in our knowhow and expertise to support the development and operation of the global business, entertainment, and media hub that is envisaged for Saudi Arabia. We look forward to supporting KSA’s aspirations to become a preferred launchpad for global enterprises in the region,” said Tong.

He added, “We see the partnership with Mobily as our first collaboration in Saudi Arabia, and it will foster an invaluable exchange of knowledge and innovation, while concurrently supporting the expansion of global and Chinese enterprises expanding into Saudi Arabia. We continue to seek more opportunities to support Saudi enterprises in their globalization efforts, promoting their businesses and offerings, by leveraging Tencent’s digital ecosystem.”

Tencent Cloud’s Innovation and Business Vision at LEAP 2024 Mainstage

This year, Tencent made its inaugural appearance on the LEAP 2024. Speaking at a fireside keynote, Dowson hailed the Kingdom’s highly engaged and tech-savvy population and noted their emergence as both powerful consumers and developers of high-end digital media services.

Tong shared, “Tencent Cloud is open to more local collaborations to build a supportive digital ecosystem and dynamic talent pool in the Kingdom, to address the technology demands from new and varied verticals, including content creation, live streaming of major sporting tournaments, gaming, and other opportunities in the business, media and entertainment sectors.

“Today, Tencent Cloud’s Global Partner Ecosystem is 11,000 partners strong, jointly serving clients worldwide, and has been a key driving force for Tencent Cloud’s international business. Similarly, the Go Saudi program can be a catalyst for the creation of an equally dynamic digital ecosystem right here,” concluded Tong.

The strategic collaboration between Mobily and Tencent Cloud comes amid the Kingdom’s broad based digital economic transformation, in line with its Vision 2030 strategy. Vision 2030 has set a target of 5.7% gross domestic product (GDP) and for KSA to be one of the top 10 economies of the world.

[1] https://www.mobily.com.sa/wps/portal/web/corporate/investor-relations/details/performance/financial-results

View original content:https://www.prnewswire.co.uk/news-releases/mobily-tencent-to-spearhead-global-digital-ecosystem-in-saudi-arabia-302081609.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

OMODA 4 Officially Rolls Off the Production Line: OMODA&JAECOO Sets Its Sights on a New Global Million-Unit Target

Published

on

By

KUALA LUMPUR, Malaysia and WUHU, China, April 27, 2026 /PRNewswire/ — On April 26, 2026, OMODA&JAECOO hosted the grand “From Million To Annual Million Launch Event and OMODA 4 Roll-off Ceremony”. As the flagship model for the brand’s Globalization 2.0 strategy, the official start of mass production for the OMODA 4 not only marks a milestone in the brand’s three-year journey to 1 million cumulative sales but also represents the launch of the core product powering the brand’s sprint to its 2027 sales target of annual million units. This event aligns with the Chery International Business Summit (IBS), together mapping a new blueprint for the brand’s global growth.

As a flagship model for the youth market and global layout, OMODA 4 precisely targets the “Cyber LOHAS tribe”. Grounded in deep insights into the consumption habits and lifestyles of young consumers, OMODA 4 adopts “Cyber Mecha”as its core positioning, building core product competitiveness in hyper-function, hyper-intelligence, and hyper-energy, serving as a key lever for the brand to capture the global youth market.

Hyper-Functional Design: CYBER MECHA Aesthetics Forge an Exclusive Visual Identity

OMODA 4 breaks away from conventional design logic with its class-exclusive Cyber Mecha supercar styling, forging a futuristic visual identity. The Cyber Lightning Headlights mimic the transient form of a lightning strike, using sharp lines and high-contrast light strips to create a highly recognizable design signature. The mecha-inspired light-flow body borrows from the structural elements of mecha armor, using sharp edges and geometric facets to generate 3D light and shadow effects beyond classic streamlined styling.

The interior features a starship-themed cockpit with a wraparound layout for an immersive mecha-command experience. Paired with a Lamborghini-style F1 supercar flip-start button, every departure is imbued with a sense of ceremony. Meanwhile, the model achieves the optimal drag coefficient within its stylistic class, balancing design with aerodynamic performance. A diverse palette of body colors caters to the individualized tastes of young users, making OMODA 4 a “mobile social card” for self-expression.

Ultra-Smart Features: A Class Benchmark Delivering a Warm Tech Experience

In terms of intelligent features, OMODA 4 leverages class-leading hardware and software capabilities to deliver a smart experience that integrates technology with a human touch, upgrading from “easy to use” to “intuitive”. Equipped with best-in-class hardware, it has 16 ADAS driver-assist features for easy driving and parking, greatly lowering driving barrier to driving and making every journey safer and more convenient.

The AI powered super voice assistant, built on a large language model, will soon be available in the vehicle. In the future, this technology is expected to support diverse function such as voice cloning and mood-based music recommendations, with the aim of accurately sensing the user’s emotional needs and delivering a personalized interactive experience. Additionally, features such as a 13.2-inch ultra-clear central screen, a 540° panoramic image, and 50W wireless charging and other features enrich smart car scenarios, fully addressing the tech demands of today’s youth.

High-Energy Ecosystem: An All-Scenario Setup Tailored to a Diverse Youth Lifestyle

To match young users’digital–physical lifestyle, OMODA 4 builds the best-in-class hyper-energy trendy ecosystem, redefining car scenarios and value as a connector of passion and life. As a mobile esports cockpit, the in-car system comes pre-loaded with over 20 casual and competitive games, supports wireless gamepad connection, turning waiting time into fun gaming moments anytime, anywhere. Building on this, OMODA 4 further expands the boundaries of in-car scenarios, creating a full-scene ecosystem that encompasses pet-friendly features, karaoke, camping, and multimedia entertainment. It is designed to fully accommodate the diverse lifestyle needs of young users and carry all their passions.

OMODA 4 will also launch an Ultra version, which offers class-exclusive factory performance modifications to deliver an exhilarating “supercar-like” experience for driving enthusiasts. The professional sports kit fully optimizes aerodynamics and body stance, boosting visual impact and high-speed stability. A launch control function unleashes peak torque at start for thrilling pushback, the tuned exclusive sports sound ignites drivers’ hearing on every acceleration. Professional sport tuning extends to the suspension, steering, and power response, resulting in more precise and sharper handling overall.

The official mass production rollout of the OMODA 4 represents a critical step in the execution of OMODA & JAECOO’s “New Million Strategy” and is a key component of the brand’s Globalization 2.0 blueprint. With strong tech heritage and a global innovation system, OMODA&JAECOO takes the OMODA 4 as its core model, paired with smart tech like the AiMOGA robot Mornine, to precisely target the global youth market. This shows the brand’s deep understanding of young users and strong R&D capabilities, as well as its commitment and breakthroughs in smart technology. Moving forward, the market launch of the OMODA 4 will further strengthen the brand’s position in the youth market and drive its premium and youthful evolution on the global stage.

About OMODA&JAECOO

In 2025, Chery Group, the parent company of OMODA&JAECOO, ranked 233rd in the Fortune Global 500, achieving the fastest ascent among global automakers, and maintained its position as China’s top passenger vehicle exporter for 23 consecutive years. OMODA & JAECOO takes “Co-Create A Beautiful Life With Young People” as its brand vision, while OMODA focuses on building “The World’s Leading Crossover Brand”, JAECOO adheres to the philosophy of “From Classic Beyond Classic” and is committed to building Global Elegant Off-Road Brand”, and building differentiated competitiveness through dual routes. By 2025, the OMODA & JAECOO brand has expanded into 64 markets worldwide, covering Europe, Asia, Australia, Africa, Latin America, the Middle East, and more,demonstrating strong global growth momentum, especially in the European market, becoming the fastest growing car brand in Europe and even the world. In the field of new energy vehicles, OMODA&JAECOO relies on the world’s leading SHS technology, with Super High Power, Super Low Efficiency, Super Long Combined Range,while providing efficient new energy solutions for global users, but also steadily advancing towards the objective of becoming the “The World’s Number One Hybrid Brand”. Notably, beyond its continuous breakthroughs in the core automotive sector, OMODA & JAECOO has extended its technological innovation into the field of intelligent technologies. The robot, jointly developed with the AiMOGA team, has entered real public service scenarios and made its official debut at the Asian Youth Para Games,representing a landmark practice in automakers’ intelligent transformation and further expanding the brand’s value boundaries.

In Malaysia, OMODA & JAECOO currently offers models including J5, J7, J7 PHEV, J8, C9 and C9PHEV, and will continue to introduce more new models that meet local market demand. Under the same group, OMODA & JAECOO has 3 sister brands in Malaysia – Chery, iCAUR and Lepas.

View original content to download multimedia:https://www.prnewswire.com/news-releases/omoda-4-officially-rolls-off-the-production-line-omodajaecoo-sets-its-sights-on-a-new-global-million-unit-target-302753991.html

SOURCE OMODA & JAECOO

Continue Reading

Technology

Broadridge Transforming Financial Literacy in Ireland Through AI-Powered Communication

Published

on

By

Helping Irish savers better understand investment products, Broadridge is developing innovative language simplification technology

DUBLIN, April 27, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc (NYSE: BR) today announced plans to support groundbreaking work in financial literacy in Ireland. Supported by IDA Ireland, the project will enable Broadridge to explore how artificial intelligence can be used to simplify the language in financial disclosures and make investment products more accessible to Irish retail investors.

“Ireland is a leading international centre for innovation in financial technology,” said Denis Curran, Head of International Financial Services, Emerging Business and Engineering & Green Economy at IDA Ireland. “We are delighted to support Broadridge in its mission to enhance financial literacy through the power of artificial intelligence. I wish the team at Broadridge every success with this innovative project.”

This collaboration addresses a critical challenge facing Ireland’s financial services sector. While Ireland hosts over €5 trillion in fund assets and is Europe’s ETF powerhouse, retail investor participation remains low. Research shows that dense, jargon-heavy disclosures create a significant barrier, with only 18% of EU citizens demonstrating high financial literacy according to the European Commission’s 2023 Eurobarometer Survey.

“This partnership with IDA Ireland positions Broadridge at the centre of a national initiative to leverage technology to make sophisticated investment products genuinely accessible to retail investors,” said Stephen Johnston, Senior Country Officer, Ireland, at Broadridge. “We’ve analysed investment disclosures from the 50 largest UK asset managers and found that nearly half were written at an academic level that would be difficult for most retail investors to understand. Across Europe, around €14 trillion sits in household savings accounts. At a time when purchasing power is eroding due to inflation, too many of these savers lack clarity and confidence in how best to realise their investment potential. By applying AI to create plain-language communications while maintaining regulatory compliance and accuracy, we can measurably boost engagement and help move Irish savers from deposit accounts into long-term investments that can support their financial futures.”

Broadridge’s research project will investigate how AI-driven plain-English communications can transform complex fund documentation into clear and simple information that empowers everyday Irish savers to make informed investment decisions. The initiative aligns with both the European Commission’s Financial Literacy Strategy and regulatory efforts such as the UK FCA’s Consumer Composite Investment framework to deliver simplified, user-friendly disclosures.

Broadridge’s Dublin team supports clients across Ireland’s financial services community, delivering a broad range of technology and operational solutions. With dedicated Dublin-based regulatory expertise, the team partners with leading global asset managers and fund administrators to navigate complex requirements, including PRIIPs, MiFID, Solvency II and the evolving UK–EU regulatory landscape.

Results from the study will be shared with industry stakeholders and regulators to inform best practices.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com

Broadridge Contacts:

Investors:
broadridgeir@broadridge.com

Media:
Gregg.Rosenberg@broadridge.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/broadridge-transforming-financial-literacy-in-ireland-through-ai-powered-communication-302753482.html

SOURCE Broadridge Financial Solutions, Inc.

Continue Reading

Technology

Fabpad Surpasses 12-Month Projections in 90 Days, Delivers 300% Growth Following Seed Round

Published

on

By

Achieves rapid scale within a quarter of funding—while keeping most capital undeployed—highlighting strong demand, repeat usage, and a scalable multi-channel model

HYDERABAD, India, April 27, 2026 /PRNewswire/ — Fabpad, India’s fast-growing menstrual hygiene brand, has achieved its 12-month post-seed projections within just three months of closing its funding round in December 2025. The company also reported a 300% year-on-year growth for FY 2025–26.

Fabpad has reached this milestone within the first quarter post funding, with a significant portion of the raised capital still undeployed, pointing to strong underlying demand and disciplined execution.

The company is now planning to raise its Pre-Series A round to support its next phase of growth, with a focus on expanding access and scaling operations across markets.

Fabpad’s product portfolio—including reusable period panties, cloth pads, biodegradable disposables, and intimate hygiene solutions-—is designed to serve both individual consumers and larger-scale use cases.

Fabpad operates as a direct-to-consumer (D2C) brand in India, where it has built strong user engagement through product performance and repeat usage. Alongside this, the company has scaled across multiple demand channels and markets, enabling it to grow rapidly without relying on a single growth engine.

The company’s growth has been driven by a combination of:

Strong repeat behaviour and customer retentionConsistent product performance across use casesExpansion across geographies

Commenting on the milestone, Dipesh Dhelia, CEO, Fabpad, said, “What stands out to us is not just the speed of growth, but how efficiently it has come together. We’ve been able to hit our projected numbers early while still keeping most of our capital undeployed. That’s a strong signal that we have built a strong scalable model.”

Commenting on product adoption, Shripriya Khaitan Dhelia, Co-Founder, Fabpad, said, “Our focus has always been on solving for real, everyday use. This isn’t a one-time purchase decision—it’s something customers evaluate every single month. That’s where trust gets built. If the product performs consistently, it earns credibility over time, and that’s what ultimately drives repeat usage and growth.”

About Fabpad

Fabpad is a personal hygiene brand founded by Shripriya Dhelia, focused on building high-performance, affordable, and sustainable hygiene solutions for modern consumers. The company has developed a diversified business model, combining its direct-to-consumer (D2C) presence in India with institutional partnerships, export markets, and B2B distribution channels, enabling it to scale across both individual and large-scale use cases.

Fabpad’s product portfolio spans reusable period panties, cloth pads, biodegradable disposables, and intimate hygiene products, designed to deliver consistent performance while addressing cost efficiency and environmental impact. Built with a strong focus on product quality, repeat usage, and real-world functionality, the brand has gained traction across multiple markets and customer segments.

Fabpad is building a capital-efficient hygiene platform designed to scale across markets, channels, and use cases—without compromising on performance or accessibility.

Website: https://fabpad.in/

Photo: https://mma.prnewswire.com/media/2966131/Shripriya_Dipesh_Fabpad.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/fabpad-surpasses-12-month-projections-in-90-days-delivers-300-growth-following-seed-round-302753999.html

Continue Reading

Trending