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Tencent Ranks #1 across Asia Pacific by Revenue in the 2023 Gartner® Market Share Report for “Communications Platform as a Service”

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HONG KONG, May 31, 2024 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced its leading position in the Communications Platform as a Service (CPaaS) Market across the Asia-Pacific region and China. According to the Gartner research titled Market Share: All Software Markets, Worldwide, 2023, Tencent recorded an impressive total revenue of US$559 million, showcasing the highest growth rate globally at an impressive 21.8%.

In recent years, with the rapid development of information and communication technology, CPaaS has gradually become a key component of enterprise IT strategies. CPaaS offers remarkable flexibility and robust connectivity, enabling businesses from various industries to adopt cloud communication solutions for scenarios that require reaching end-users, such as contact centers and marketing. This adoption of CPaaS not only enables companies to innovate their operations, but also expedites their journey towards digital transformation.

Acceleration of enterprise digitalization through Tencent Cloud’s global leading technology and comprehensive CPaaS product portfolio

Tencent Cloud has been deeply involved in the CPaaS field for many years and has leveraged its long-standing expertise in instant messaging as well as audio & video technologies. As a result, it has built the most comprehensive CPaaS capability portfolio in the industry, encompassing core products such as Chat, Tencent Real-Time Communication (TRTC), Tencent Cloud Contact Center (TCCC), and more.

By harnessing industry-exclusive “Multi-Channel Quic” technology, global acceleration network, and public network quality evaluation center, Tencent Cloud’s Chat offers excellent communication quality even in challenging network conditions where packet loss rates reach 70%. Furthermore, Chat provides valuable features such as Chatbot and Agent Dashboard, empowering enterprises to swiftly implement chatbot conversations, FAQs, and seamless transfers to live customer service agents. Currently, Chat has successfully served over 200,000 enterprises, handling a staggering daily peak message volume exceeding 550 billion messages. Its international platform has garnered millions of users worldwide.

Tencent Cloud’s TRTC offers two major scenario-based solutions: multi-party audio & video calls and low-latency interactive live streaming. In real-world testing, TRTC demonstrates an over 80% packet loss resistance and can tolerate network jitter of over 1000ms. This means that users can maintain high-quality audio & video communication even in weak network conditions. Additionally, TRTC is available to developers through Tencent Cloud’s services, enabling them to quickly build low-cost, low-latency, and high-quality audio & video interactive solutions. As of today, TRTC has served over 5,000 customers across various industries, supporting up to 3 billion minutes of upstream duration daily.

Tencent Cloud’s TCCC serves as a customer contact platform that enables enterprises to quickly set up a unified system for phone calls, online communication, and audio & video calls. With advanced technology, TCCC significantly improves the efficiency and accuracy of intelligent customer service, which results in a reduction of over 90% in operational manpower costs for businesses.

Endeavored to expand global presence and empower enterprise innovation and growth in international business

It is worth mentioning that in response to the internationalization needs of both domestic and foreign enterprises, Tencent Cloud is continuously enhancing its global service capabilities to assist businesses in exploring new growth opportunities.

For example, Tencent Cloud has been continuously strengthening its Chat’s capabilities in overseas network transmission, offering exceptional global acceleration services. Serving more than 100 million monthly active users worldwide, Tencent Cloud’s Chat not only meets the compliance requirements of enterprises expanding internationally but also aligns closely with the usage habits of overseas users. Additionally, TRTC has established independent sites overseas, providing various products such as Call, Conference, and RTC Engine for different scenarios, enabling enterprises to quickly enter the market. Furthermore, TCCC has significantly enhanced its global access capabilities, connecting to high-quality number resources in over 120 countries and regions globally. It offers an integrated communication platform that combines voice calls, online messaging, and audio & video communication, covering customer service, sales expansion, and office collaboration scenarios.

Currently, Tencent Cloud has served numerous industries in the fields of gaming, live streaming, cross-border e-commerce, finance, and more, both for companies expanding overseas and local enterprises in overseas markets. These include Nexon, a gaming giant in the Asia-Pacific region, leading live streaming platform MIXCHANNEL in Japan, streaming service provider BeLive in Singapore, as well as Boomplay, a music streaming platform in Africa. Tencent Cloud has provided comprehensive, user-friendly, and stable audio & video communication solutions, supporting the international business expansion of these enterprises.

As an example, the music streaming platform Boomplay has rapidly established interactive live streaming capabilities in Africa with the help of Tencent Cloud’s customized Chat solution. This has made it a widely popular application in Africa. On one hand, Chat possesses a comprehensive network scheduling capability, addressing the transmission challenges of lag and latency for Boomplay overseas through node coverage and optimal scheduling strategies. On the other hand, the client-side weak network self-assessment model developed by Chat has effectively resolved message loss issues for Boomplay in weak network conditions overseas.

Today, digitalization has become a necessary path for enterprises to enhance their competitiveness, and internationalization has become an increasingly important strategic approach for businesses to expand their markets and achieve sustainable, high-quality development. In this process, the demand for CPaaS from enterprises will continue to grow. As a global leading vendor in the fied of CPaaS, Tencent Cloud will continue to innovate in technology, refine products and solutions, and support businesses from various industries in achieving digital transformation, empowering enterprises across different sectors to step onto the global stage.

Gartner, Market Share: All Software Markets, Worldwide, 2023, 22 April 2024

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

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View original content:https://www.prnewswire.co.uk/news-releases/tencent-ranks-1-across-asia-pacific-by-revenue-in-the-2023-gartner-market-share-report-for-communications-platform-as-a-service-302160282.html

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CHiQ at IFA 2026: From Global Expansion to Deeper Local Engagement

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BERLIN, Sept. 4, 2026 /PRNewswire/ — At IFA Berlin on September 4, CHiQ unveiled its new AI-powered home appliance range, covering TVs, refrigerators, air conditioners, and washer-dryer combos. Rather than emphasizing technical specifications in isolation, the brand demonstrated how AI integrates into real-life household routines, marking a shift from technological innovation to everyday experiences and reflecting parent company Changhong’s continued focus on localization across global markets.

To address diverse household needs, CHiQ is embedding AI into a growing number of everyday scenarios. Its RGB MiniLED AI TV lineup integrates an integrated AI Sports Platform, transforming the TV from a traditional display into an interactive hub for home fitness and shared activities. The air conditioner features AI Human Presence Radar, which detects users’ locations and habits to adjust airflow dynamically. Meanwhile, the AI-powered refrigerator and laundry care system employ intelligent sensing and monitoring to help users take a more proactive approach to managing food freshness and garment cleanliness.

On IFA’s opening day, Grundig, CHiQ’s strategic partner and a premium European home appliance brand, presented a new product lineup across TVs, refrigerators, washer-dryers, and air conditioners. This showcase represents a further extension of Grundig’s brand development and product strategy and points to a new direction for Grundig in European and global markets.

In recent years, CHiQ’s focus has centered on simplifying everyday household chores through smart innovation. The brand has introduced a virtual giant panda as an AI interactive assistant, adding warmth and personality to its smart TVs and other AI-enabled appliances while naturally incorporating distinctive elements of Chinese culture into the user experience.

Skiing has also become another bridge connecting CHiQ with European lifestyles. Over the same period, the brand has strengthened its European presence as an official data partner of the FIS Ski Jumping World Cup. These efforts have deepened CHiQ’s connections with consumers in Europe and around the world. At the same time, the brand incorporates the speed of skiing and the pristine character of winter sports into its products, bringing technology closer to users’ lifestyles.

Behind these initiatives lies a broader shift: CHiQ is advancing its localization efforts. From product experiences and brand messaging to sports, culture and other aspects of local life, the company is establishing more diverse touchpoints as it expands its presence in Europe. Moving beyond simply entering overseas markets toward becoming part of them, CHiQ is bringing its global expansion into closer alignment with the local markets it serves.

About CHiQ

CHiQ, one of the world’s leading manufacturers of consumer electronics and household appliances, is redefining industry standards with innovative products, intelligent technologies, and a growing commitment to corporate social responsibility. Its influence continues to grow across global markets, especially in Europe.

SOURCE CHiQ

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New Poll: Parents Overwhelmingly Support the Agreement Between the States & Meta To Keep Young People Safe Online

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More Than Four-in-Five Parents Want Other Platforms Such As TikTok, YouTube and Snapchat to Adopt Safeguards

WASHINGTON, D.C., Sept. 4, 2026 /PRNewswire/ — The Coalition to Empower our Future (CEF) today released new research finding overwhelming support among parents nationwide for the recent agreement between states across the country and Meta to strengthen protections for young people online and give parents additional tools to support their children. The findings show that parents not only support the agreement, but also want other social media platforms to follow Meta’s lead and implement similar protections so young people have consistent safeguards across platforms.

“Parents want practical tools that help them keep their kids safe online, and they want those tools no matter what platform their kids are on,” said Glen Weiner, executive director of the Coalition to Empower our Future. “This agreement is an important step forward that will help protect young people using Instagram and Facebook, but kids don’t spend all their time on one platform. To continue making progress, other social media platforms need to join these efforts and adopt the same policies. There’s no single solution to the challenges young people are facing, but giving parents more tools and helping young people build healthier habits with technology are important pieces of a broader, comprehensive approach.”

According to the survey, more than four-in-five parents across the country support the agreement between the states and Meta, including 82 percent of Democratic parents and 84 percent of Republican parents. Other key findings include:

Parents believe the new safety measures will have a positive impact on youth mental health, including expanded parental controls (82 percent), daily screen-time limits (80 percent), and muting notifications during school hours (77 percent) and overnight (76 percent).Overwhelming majorities of parents on both sides of the aisle want other platforms to adopt the same policies. More than four-in-five say other platforms should implement the same online safety measures, including 85 percent of Democratic parents and 86 percent of Republican parents.

Support is similarly strong when parents are asked about individual platforms, including:TikTok (85 percent);YouTube (84 percent); andSnapchat (82 percent).Parents want policymakers to take action. Four-in-five parents (80 percent) would support their state legislature putting these online safety measures into law, and more than two-thirds of parents (67 percent) would be more likely to vote for an elected official who advances these measures.

The new findings build on previous research from CEF showing that parents and voters want a comprehensive approach to youth mental health that gives families practical tools and teaches young people how to navigate technology safely and responsibly.

The full research findings can be found HERE.

The research, conducted between August 28 and August 31, 2026, in partnership with Mercury Analytics, included an online survey of 1,000 parents nationwide.

About the Coalition to Empower our Future

Coalition to Empower our Future is an organization bringing together a range of voices to fully inform solutions that empower youth, parents, communities, and society. The Coalition to Empower our Future supports solutions that are inclusive of the full spectrum of factors impacting youth mental health. Former Montana Governor Steve Bullock, former U.S. Representative Carlos Curbelo, and Dr. Caroline Carney, a board-certified psychiatrist and internist, serve on the board of directors of the Coalition to Empower our Future.

To learn more, visit empowerourfuturecoalition.com or follow Coalition to Empower our Future on Facebook, X and YouTube.

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-poll-parents-overwhelmingly-support-the-agreement-between-the-states–meta-to-keep-young-people-safe-online-302870113.html

SOURCE Coalition to Empower our Future

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Bybit On-Chain Earn Raises BTC Staking Yield by 50% to 1.2% APR

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DUBAI, UAE, Sept. 4, 2026 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce Bybit On-Chain Earn has partnered with Function (FBTC) to upgrade its BTC staking Vault product, raising the guaranteed annualized return from 0.8% to as much as 1.2%, a 50% increase of the evergreen offering.  With Bybit, BTC holders no longer need to sit on their idle asset as they navigate a range-bound BTC.

In early September 2026, BTC has been consolidating around the $80,000 level after rebounding from roughly $62,600 in August and briefly climbing above $81,000 in late August. The cryptocurrency continues to hold above its key moving averages, encouraging many long-term holders to maintain their position.

Bybit On-Chain Earn‘s new BTC staking solution comes with a guaranteed minimum return, distinguishing it from variable-rate products where yield fluctuates with market conditions. Eligible users may subscribe to a fixed 45-day term with no option for early redemption. A subscription cap of 200 BTC applies. Upon maturity, participants can opt into automatic renewal, allowing both principal and accrued returns to roll seamlessly into the next staking cycle without requiring manual reinvestment. This structure is designed to give BTC holders a straightforward way to generate yield on idle holdings while maintaining predictable, fixed-term commitments.

The partnership with Function, the protocol behind FBTC, extends Bybit’s collaboration with the DeFi and TradFi convergence space, diversifying user access to potential yield opportunities across the digital asset landscape.

The upgraded exclusive BTC vault is now live on Bybit. Terms and conditions apply. Users may visit Bybit On-Chain Earn for details on eligibility requirements and potential restrictions.

#Bybit  / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

View original content to download multimedia:https://www.prnewswire.com/news-releases/bybit-on-chain-earn-raises-btc-staking-yield-by-50-to-1-2-apr-302870204.html

SOURCE Bybit

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