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XTransfer Attends 2024 Dalian Summer Davos

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The Only Chinese Payment Company in the Unicorn Community

HONG KONG, June 24, 2024 /PRNewswire/ — XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is pleased to announce its participation in the “15th Annual Meeting of the New Champions” (Summer Davos) of the World Economic Forum, which will be held from June 25 to 27 in Dalian, Liaoning Province. The company will attend as a member of the Unicorn and Innovator communities and is the only Chinese payment company in attendance. After five years, Summer Davos returns to Dalian. Founder and CEO of XTransfer, Bill Deng, is excited and looks forward to fostering more collaborations with China and worldwide innovative enterprises.

The theme of this year’s meeting is “Next Frontiers for Growth”, with six key themes including A New Global Economy, China and the World, Entrepreneurship in the Age of AI, New Frontiers for Industries, Investing in People and Connecting Climate, Nature and Energy. The event will gather over 1,500 high-level leaders from business, government, civil society and international organisations, as well as prominent entrepreneurs, innovators, academics and media.

The Dalian Davos Conference is an important international economic forum aimed at promoting global economic cooperation and innovative development. As a global leader in cross-border payment fintech, XTransfer has been invited to attend this grand event and share its expertise and experience in the field of financial technology.

Bill Deng, Founder and CEO of XTransfer, will be actively involved in various thematic meetings and dinners at the conference, engaging with global political, business, and financial leaders. As one of the guest speakers, Bill will discuss key issues from fraud prevention to anti-money laundering strategies. The panel will also discuss the regulatory hurdles faced by payment providers in different markets, aiming to enhance collaboration between the private and public sectors to support SMEs in cross-border e-commerce.

Bill added, “We are honoured to be invited to the Dalian Summer Davos. It is an excellent opportunity for us to exchange ideas with global business leaders and government representatives and jointly explore strategies to promote global trade development. At the same time, we look forward to meeting with leaders from various banks, financial institutions, and technology companies, and we hope to reach more collaboration to accelerate our global development.”

XTransfer’s participation in the World Economic Forum aligns with its mission to drive innovation and enhance financial inclusion for Micro & SMEs worldwide. XTransfer also supports Micro & SMEs with generative AI tools, fostering their competitiveness and growth, and reducing potential inequality.

About XTransfer
XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing SMEs with secure, compliant, fast, convenient and low-cost foreign trade payment & fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Japan, Australia, and Singapore. XTransfer has obtained local payment licenses in Hong Kong, the United Kingdom, the United States, Canada, and Australia. With more than 450,000 enterprise clients, XTransfer has become the industry No.1 in China.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, Internet-based and intelligent anti-money laundering risk control infrastructure centred on small and medium enterprises. XTransfer uses technology as a bridge to link large financial institutions and small and medium enterprises around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information: https://www.xtransfer.com/

 

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SOURCE XTransfer

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KORE, Robo, Ericsson, and Winnebago Redefine the Open Road with Winnebago Connect™

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A Seamless, Smarter RV Experience Powered by IoT Innovation 

ATLANTA, May 12, 2025 /PRNewswire/ — KORE, a global leader in Internet of Things (“IoT”) Solutions and IoT Connectivity provider, has collaborated with Winnebago and Robo to unveil Winnebago Connect™, a groundbreaking platform that transforms the recreational vehicle (RV) experience through advanced connectivity, intelligent automation and intuitive design.

Powered by KORE, Robo, and Ericsson Enterprise Wireless Solutions, Winnebago Connect integrates cutting-edge technologies to deliver a seamless intelligent RV platform. KORE’s managed IoT services provide the global connectivity backbone, ensuring reliable access no matter the destination. Robo delivers the software platform that powers the intuitive user interface and intelligent features, while Ericsson contributes high-performance network solutions with dual-carrier Wi-Fi and edge computing.

Together, these innovations create an unparalleled ecosystem that empowers RV owners to travel smarter, safer and with greater convenience.

“Our work with Winnebago and Robo showcases the potential of IoT to revolutionize industries and enable people to explore the world,” said Ron Totton, KORE President and CEO. “Winnebago Connect is more than a product, it is a complete ecosystem that empowers RV owners to travel with confidence and convenience. We cannot wait to see where Winnebago Connect takes RV owners.”

Winnebago Connect is designed to simplify RV ownership and enhance the travel experience. Its smart notifications and GPS tracking features, powered by software developed by Robo, keep RV owners informed about their vehicle’s location and provide real-time alerts to enhance safety and convenience. Remote climate control capabilities allow travelers to adjust their cabin’s temperature from anywhere, ensuring comfort for both passengers and pets. Smart energy management optimizes off-grid power usage through intelligent monitoring and automation, enabling extended boondocking adventures. Ericsson’s industry-leading Cradlepoint routers power the always-on connectivity of Winnebago Connect.

“With Winnebago Connect, we are redefining what it means to explore the open road,” said Michael Happe, Winnebago President and CEO. “This platform combines the expertise of Winnebago with Robo’s intelligent software and KORE’s connectivity to deliver a fully integrated and scalable solution that meets the evolving needs of our customers.”

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. For more information, visit Korewireless.com

About Robo
Robo is a technology company that specializes in intelligent, user-centric software solutions for connected experiences. Focused on bridging the gap between smart devices and everyday life, Robo develops flexible, scalable platforms that bring automation, control, and personalization to a wide range of industries – from RVs to smart homes. For more information, visit Robo.us.

About Ericsson
Ericsson’s enterprise wireless solutions enable organizations to innovate, operate, and grow anywhere – without constraints. Ericsson NetCloud, Cradlepoint routers, and Enterprise 5G solutions provide the flexibility of public and private 5G, with the zero-trust security of simplified SASE. Visit Cradlepoint.com to learn more.

About Winnebago
Winnebago Industries, Inc. is a leading North American manufacturer of outdoor lifestyle products under the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds high-quality motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons, and commercial community outreach vehicles. Committed to advancing sustainable innovation and leveraging vertical integration in key component areas, Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota, and Florida. The Company’s common stock is listed on the New York Stock Exchange and traded under the symbol WGO. For access to Winnebago Industries’ investor relations materials visit Winnebago.com.

KORE Media Contact
Stephen Rana
Senior Marketing Manager
Email: sbell@korewireless.com

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SOURCE KORE

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CRTC consults on improving public interest participation in its proceedings

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GATINEAU, QC, May 12, 2025 /CNW/ – Today, the CRTC is launching a public consultation to make it easier to participate in its proceedings.

The CRTC is an independent quasi-judicial tribunal responsible for regulating the Canadian communications sector in the public interest. It encourages people with a diversity of perspectives to participate in its proceedings.

People that represent the public interest can apply for funding to cover some of their costs of participating in proceedings, for example to commission expert research, conduct surveys of Canadians, or receive legal advice. Through this public consultation, the CRTC aims to make funding more predictable and faster by simplifying the application process.  

The CRTC is accepting comments until September 9, 2025. Interested persons can participate by:

filling out the online form;writing to the Secretary General, CRTC, Gatineau, Quebec K1A 0N2;sending a fax to 819-994-0218; orfiling a link to a sign language video using the online form.

All comments will form part of the public record and will inform the CRTC’s decision. 

This consultation follows a number of recent actions the CRTC has taken to strengthen engagement, including the creation of an Indigenous Relations Team to better support Indigenous participation and an ongoing review of how the CRTC engages with official language minority communities.

Quick facts

The CRTC is committed to supporting the participation of individuals and groups that represent the public interest in its proceedings, including as part of its regulatory plan to modernize Canada’s broadcasting framework and its Consumer Protections Action Plan.First Nations, Inuit, and Métis peoples and organizations requiring assistance can contact the CRTC’s Indigenous Relations Team.Applications for funding for this proceeding will follow the telecommunications costs process.

Associated links

Regulatory PlanConsumer Protections Action Plan

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SOURCE Canadian Radio-television and Telecommunications Commission (CRTC)

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GIBO Launches USDG.net: Ushering in a New Era of Blockchain Payments for AI-Driven Animation

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HONG KONG, May 12, 2025 /PRNewswire/ — GIBO Holdings Ltd. (“GIBO”), Asia’s leading AI-generated content (AIGC) animation streaming platform, proudly announces the kickstart of USDG.net (GIBO Click), a groundbreaking blockchain payment engine designed to revolutionize transactions within GIBO’s ecosystem. This strategic move further solidifies GIBO’s position as a pioneer in AI-powered entertainment, following its successful listing on Nasdaq on May 9, 2025, under the ticker symbols “GIBO” and “GIBOW.”

GIBO has redefined content creation through its AI-powered tools, including voice synthesis, image generation, script writing, storyboard design, and audio-video synchronization. Building on this foundation of USDG.net, GIBO Click will be offering a secure, transparent, and efficient payment system for creators, viewers, and partners within GIBO’s vibrant community.

USDG.net: Empowering Creators Through Blockchain Innovation

USDG.net leverages blockchain technology to optimize payment processes as a key engine embedded to GIBO Click by offering near-instant transactions, reducing fees, and enhancing security through a decentralized ledger system. Key features include:

Seamless Creator Monetization: Content creators can receive payments directly from a global audience in USDG, a stable coin pegged to the U.S. dollar, ensuring stable earnings and protection from cryptocurrency volatility.

Transparency and Trust: Blockchain’s immutable records provide full transparency of transaction history, strengthening trust between users and advertisers.

Cross-Border Payment Efficiency: By eliminating intermediaries, USDG.net delivers a cost-effective payment solution to GIBO creators in regions such as Taiwan, Malaysia, Singapore, India, Bangladesh, Indonesia, Thailand, Vietnam, the Philippines, and Myanmar.

Seamless Integration with GIBO.ai: The payment system is fully integrated with GIBO’s AI-powered platform, allowing creators to monetize content using tools like GIBO Create while reducing production time and costs.

Zelt Kueh, CEO of GIBO Holdings Ltd., stated: “The launch of USDG.net marks a transformative step in empowering our global creator community. By embedding blockchain technology into our payment infrastructure, we’re not only enhancing efficiency but also setting a new standard for how the AI-driven entertainment industry monetizes digital content.”

About GIBO Holdings Limited

GIBO Holdings Limited operates GIBO.ai, an AI-generated content (AIGC) platform that revolutionizes animation and storytelling. It offers a comprehensive ecosystem for content creators, including tools for voice synthesis, image generation, and monetization. It supports creators from concept development to content distribution, with a strong focus on AI-driven animation.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, the Company’s ability to source and retain talent, and the Company’s cash position following closing of the Business Combination, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

Contact Information

Investor Relations:
Bill Zima
ICR, Inc.
William.zima@icrinc.com 

Media Relations:
Edmond Lococo
ICR, Inc.
Edmond.Lococo@icrinc.com 

 

 

View original content:https://www.prnewswire.com/news-releases/gibo-launches-usdgnet-ushering-in-a-new-era-of-blockchain-payments-for-ai-driven-animation-302452618.html

SOURCE GIBO Holdings Ltd.

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