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LianLian Global Unveils New Payment Platform, Partners with Cyberport at Hong Kong FinTech Week

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HANGZHOU, China, Oct. 30, 2024 /PRNewswire/ — The 2024 edition of Hong Kong FinTech Week, a premier financial technology event in Asia, was held on October 28 at the AsiaWorld-Expo in Hong Kong. Themed “Illuminating New Pathways in FinTech,” the event attracted over 30,000 attendees from more than 100 economies. It brought together key stakeholders from across the banking, securities, investment, insurance, and technology sectors to discuss the future intersections of finance and technology, as the industry enters a new era.

LianLian Global, a subsidiary of Hong Kong-listed Lianlian DigiTech, participated in the event as a Gold Sponsor and as a representative of the digital technology industry. The company showcased its pioneering solutions and innovative offerings in the global payment sector to an international audience.

At the outset of the conference, Lianlian unveiled its groundbreaking LianLian Global Accounts Service (LGAS). Designed for international trade merchants in Hong Kong, Southeast Asia, and beyond, LGAS provides a unified account for managing multi-currency funds and seamlessly addressing the complexities of global receipts.

LGAS enables merchants to receive sales payments in multiple currencies directly into their local accounts, eliminating the need for numerous international bank accounts. This guarantees rapid, secure, and cost-effective fund transfers, significantly reducing operational expenses and enhancing international competitiveness.

In recent years, global trade has experienced a resurgence, driven by the expansion of key economies such as China. The World Trade Organization’s Global Trade Outlook and Statistics report anticipates a 7.4% growth in Asian exports for 2024, outpacing other regions. Hong Kong and Southeast Asia have become favored destinations for traders due to their strategic locations and increasing consumer demand. However, foreign trade merchants, particularly small and medium-sized enterprises (SMEs) with frequent transactions, are confronted with a range of internal and external challenges. These include complexities related to multi-currency settlement, difficulties in opening accounts, delays in payment processing, and exchange rate risks.

Lianlian’s LGAS revolutionizes the conventional approach to foreign trade receipts: 

Unified Account for Global Fund Management

Previously, foreign trade companies were required to open several international bank accounts in multiple currencies, resulting in considerable management costs. LGAS’s unified account for streamlined global fund management supports all major currencies, enabling companies to handle multi-currency fund settlements through a single account, reducing administrative burdens and cutting management costs.

Improved Cost-Efficiency and Payment Speed 

LGAS enables foreign trade companies to receive payments directly into their local accounts, eliminating the need for multiple currency conversions. This feature results in reduced foreign exchange losses, lower handling fees by circumventing multiple intermediary banks, simplified cross-border payments, and accelerated repatriation of funds.

Enhanced Security and Compliance 

Lianlian holds over 60 payment service licenses and qualifications, in addition to proprietary anti-money laundering and fraud prevention systems. These capabilities enable us to provide reliable, compliant, end-to-end cross-border financial services, enhancing the safety and reliability of international transactions.

LianLian Global also announced its recent membership in the Cyberport Technology Network (CTN). As a part of the Cyberport community, Lianlian will work with the platform to offer exclusive discounts of up to HK$900,000 to CTN members during FinTech Week. These discounts apply to a range of products and services, including Lianlian’s recently launched B2B receipt solution, LGAS. This initiative allows Cyberport community members to access Lianlian’s payment solutions at reduced rates, providing Hong Kong-based foreign trade companies with seamless, reliable, and cost-effective fund management and global payment experiences, and assisting them in tapping into broader global market opportunities.

As a leading player in cross-border trade, Lianlian has established close partnerships with top global e-commerce platforms and licensed institutions by leveraging its multi-jurisdictional licensing qualifications, robust technology capabilities, and extensive resources. By providing an integrated digital solution encompassing collection, payment processing, merchant services, currency conversion, digital marketing, and operational support, Lianlian has facilitated the access to domestic and international funding channels. This addresses the challenges faced by cross-border e-commerce entities, foreign traders, service providers, platforms, and institutions as they scale internationally, particularly in areas related to financial transactions  and account management. In addition, Lianlian has served over 4.9 million clients, establishing a robust foundation for cross-border firms seeking to expand their global footprint. The company’s contributions to international trade are a testament to its commitment to advancing prosperity and growth in the global economic landscape.

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and close to 1,200 offsite startups and technology companies. Managed by Hong Kong Cyberport Management Company Limited, a wholly owned entity of the Hong Kong SAR Government, Cyberport aims to serve as a pivotal hub for digital technology and a new economic driver for Hong Kong. The facility is committed to nurturing a vibrant tech ecosystem by focusing on talent development, fostering youth entrepreneurship, supporting start-ups, and facilitating industry growth through strategic partnerships with local and international partners. It also integrates new and traditional economies by accelerating digital transformation initiatives in public and private sectors.

Shen Enguang, co-CEO of LianLian Global, noted that Hong Kong, as an international financial center and global super connector, serves as a bridge for companies to access the global market and a crucial platform for facilitating the flow of capital, innovation, and technology. In the process of globalization, Lianlian has consistently viewed Hong Kong as a key gateway for expanding into the Asia-Pacific market and establishing a global business ecosystem. Our strategic alliance with Cyberport to jointly market the LGAS product suite will enable foreign traders to leverage the robust resources and payment capabilities of both entities, expanding their global reach and capitalizing on opportunities with greater assurance. “Looking ahead, Lianlian will continue to prioritize user needs for value innovation and creation, optimizing and enhancing our product matrix. In line with our ecosystem approach to value sharing and co-creation, we will work with leading global partners to develop a new international payment ecosystem, ensuring that cross-border payments and international transactions are safer, more convenient, and barrier-free.”

Dr. Rocky Cheng, CEO of Cyberport, said, “Cyberport is pleased to welcome Lianlian to the ‘Cyberport Technology Network’ (CTN), a testament to our longstanding efforts to nurture a dynamic ecosystem. Lianlian’s expertise in payment solutions and extensive experience in  digitizing global trade will grant Cyberport community members access to a wide range of financial innovation solutions, enhancing cross-sector collaboration and contributing to the local fintech innovation ecosystem. As Hong Kong’s largest fintech and Web3.0 community, Cyberport’s CTN connects more than 40 leading technology service companies, offering technical training and dedicated support for Cyberport startups. Looking ahead, Cyberport aims to partner with leading financial institutions to drive transformation and implementation, fostering digital economy growth and reinforcing Hong Kong’s standing as an innovation hub.

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SOURCE LianLian Global

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CGI launches high-security sovereign AI platform in Finland for enterprise and public sector use

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April 27, 2026

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New KATAKRI-compliant service enabling AI development and deployment with data sovereignty, compliance, and scalable infrastructure

HELSINKI, April 27, 2026 /PRNewswire/ – CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has launched a high-security sovereign AI and data services platform in Finland. The service provides an KATAKRI-compliant (National Security Auditing Criteria) environment enabling organizations to develop and operate AI applications in a secure and compliant environment.

As clients accelerate AI adoption, organizations must address strict data protection, security, and sovereignty requirements. CGI’s new high-security sovereign AI platform offers a deployment model delivered from a Finland-based data center, supporting enterprise and public sector clients that require the highest levels of security aligned with KATAKRI standards and control over their data and workloads, while enabling scalable adoption.

“With CGI’s local proximity model, we are uniquely positioned to partner with clients across industry sectors as they address evolving data protection, security, and sovereignty requirements,” said Niraj Sood, President, Finland, Poland and Baltics operations at CGI. “Our consultants, experts and engineers work side by side with our clients here in Finland, enabling a deep understanding of their needs, while also drawing on our global capabilities. With the integration of Agentic AI into the enterprise a top-of-mind priority for clients, we act as a trusted advisor: helping clients assess and build the right solution for their specific context, whether in high-security, cloud, or on-premise environments. We are pleased to complement these options with a platform that supports secure and scalable AI adoption where enhanced control and compliance are required.”

The platform is delivered from CGI’s high-security hybrid service, one of the few data centers certified against Finland’s national KATAKRI security audit criteria, which assesses information, physical, and administrative security for environments handling classified and other sensitive workloads. It supports the secure deployment of modern AI applications, enabling multiple large language models, seamless integration with existing systems via an OpenAI-compatible API, and a standardized delivery model that provides cost efficiency and predictability for enterprise-scale use.

“CGI helps clients assess different AI implementation options and select the most suitable approach for each use case. Our sovereign AI platform complements this by enabling organizations to operate data and AI applications within CGI’s data centers in Finland, under client governance and control, in a KATAKRI-certified setting,” said Jenni Mikkola, Senior Vice-President and Business Unit Leader for Global Technology Operations, CGI Finland.

“Generative AI offers significant potential for innovation and efficiency, and organizations are currently evaluating different ways to integrate AI into their overall architecture. CGI’s high-security AI platform provides a trusted alternative to public cloud and hybrid solutions, enabling clients to adopt AI quickly and securely while maintaining strong control over their data and environment,” said Mikkola.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

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PATEO Joins Forces with AUMOVIO: AI-Driven Intelligent Driving Globalization to Jointly Expand the Global High-Computing SDV Market

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April 27, 2026

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BEIJING, April 27, 2026 /PRNewswire/ — On April 25, at the Beijing International Automotive Exhibition, PATEO CONNECT Technology (Shanghai) Corporation (Stock Code: 2889.HK) entered into a strategic cooperation memorandum of understanding with AUMOVIO Holding China Co., Ltd. on the joint development of high-performance cross-domain integration and artificial general intelligence technologies and global market expansion.

According to the cooperation agreement, PATEO and AUMOVIO Group will fully leverage their respective research capabilities in high-computing SoC platforms, integrated cockpit-driving domain controllers and AGI algorithm research and development, as well as their industry influence in global supply chains, OEM customer resources and intelligent manufacturing, to jointly promote the global implementation of high-computing SDV domain control and AGI automotive application demonstration projects, and jointly promote the sustainable development of intelligent mobility and SDV technologies.

Regarding the specific details of the cooperation, the parties will jointly develop cross-domain integrated product solutions based on high-computing SoCs that meet future market demands. Meanwhile, a joint team will be formed to focus on demonstration projects for artificial general intelligence (AGI) automotive application products. Furthermore, PATEO and AUMOVIO Group will combine their respective advantages in technology, products, customers, supply chain, production and quality to jointly expand global SDV domain control and AGI application businesses. Based on their respective advantageous fields, the parties will realize a strong alliance of “channel + product”. At the technical level, upholding the principles of joint investment and technology collaboration, the parties will develop technologically leading high-computing and intelligent SDV technologies and products.

The signing of this Strategic Cooperation Memorandum of Understanding reflects AUMOVIO Group’s high recognition of the Company’s AI-centric, integrated “Software-Hardware-Chip-Cloud” automotive and mobile terminal solutions and ecosystem construction. This also marks a critical step for PATEO under its “AI + Globalization” dual-wheel drive strategy.

As an AI-centric provider of automotive and mobile terminal solutions and an ecosystem builder with integrated “Hardware-Software-Chip-Cloud” capabilities, PATEO has more than 2,100 employees globally and an R&D team of over 700 people, with its number of registered invention patents ranking first in the industry. This strategic cooperation with AUMOVIO Group is not only a significant milestone in PATEO’s globalization layout but also a powerful testament to its technical strength in the fields of high-computing SDV domain control and AGI application.

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ebike Market worth $74.98 billion by 2035| MarketsandMarkets™

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April 27, 2026

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DELRAY BEACH, Fla., April 27, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global ebike market is projected to grow from USD 46.39 billion in 2026 to USD 74.98 billion by 2035 at a CAGR of 5.5%.3

Browse 380 market data Tables and 156 Figures spread through 570 Pages and in-depth TOC on ‘ebike Market’

ebike Market Size & Forecast:

Market Size Available for Years: 2026-20352026 Market Size: 46.39 billion2032 Projected Market Size: 74.98 billionCAGR (2026–2035): 5.5%

ebike Market Trends & Insights:

>250W–<450W battery capacity ebikes to hold the largest market share globally.Mid-drive motors are expected to be the fastest-growing ebike motor type during the forecast period.North America is expected to be the fastest-growing ebike market during the forecast period.

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The global ebike market is growing gradually, with each region exhibiting different patterns. Asia Pacific dominates by volume, accounting for over 90% of global demand, driven by China’s large-scale adoption, affordability, and a strong manufacturing ecosystem, making ebikes a mainstream daily mobility solution. In Europe and North America, ebike demand has declined mainly due to structural and economic headwinds. In Europe, sales declined across key markets from 2023–2025 as high inflation, reduced consumer spending, and excess inventory from the pandemic surge led retailers to cut new orders. Some countries, like the Netherlands, reported a drop in bike sales in 2025, from 409,467 units in 2024 to 391,300 units; France dropped from 565,225 units in 2024 to 558,442 units; and Switzerland dropped from 151,772 units in 2024 to 142,223 units. The ebike market in Europe and North America is expected to recover in the second half of 2027.

>250W–<450W battery capacity ebikes to hold the largest market share globally.

The 250–450W segment dominates the ebike market primarily because it is the standard configuration for city, trekking, and hybrid pedal-assist ebikes, which represent the largest use case globally. Also, ebikes in this range achieve optimal efficiency, with energy density, weight, and motor draw well matched to typical urban duty cycles. A 300–400 W pack paired with 250 W-class motors typically delivers ~40–90 km of real-world range at moderate-assist levels without pushing cells into high discharge rates that accelerate thermal stress and degradation, allowing simpler battery management systems and air cooling instead of heavier thermal controls. Keeping capacity below ~450 W also reduces pack mass by ~1–2 kg versus larger systems, preserving ride dynamics, frame integration, and braking performance while enabling standard charging (2–4 A) on household outlets.

This range has seen the highest adoption in Europe, where regulations cap motor power at 250W. This has led major manufacturers like Bosch, Yamaha, and Shimano to design their systems around this limit, ensuring mass-market compliance and efficiency. In the Asia Pacific region, the same range is widely used for its cost-effectiveness and suitability for short-distance daily commuting, while in North America it remains common in commuter models despite the availability of higher-power options. Overall, this segment leads because it offers the best balance of regulatory compliance, affordability, energy efficiency, and real-world usability, making it the most practical choice for large scale adoption.

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Mid-drive motors are expected to be the fastest-growing ebike motor type during the forecast period.

Mid-drive motors are widely preferred in Europe and North America for their higher torque, better weight distribution, and superior efficiency, which align with premium commuting and trekking needs. Leading OEM systems from Bosch eBike Systems, Shimano Inc., and Yamaha Motor Co., Ltd. are engineered for these performance-focused markets. In contrast, hub motors dominate in Asia Pacific, largely driven by cost-sensitive demand. Suppliers such as Bafang Electric specialize in affordable hub motor systems that are easier to mass-produce and integrate. Notably, while many APAC-based suppliers (e.g., Bafang, Ananda, Dapu) export mid-drive systems to Europe and North America, they still prioritize hub motors domestically because mid-drive integration requires higher R&D investment, complex frame redesign, and drivetrain engineering, whereas hub motors can be easily mounted on conventional bicycle frames at lower cost. Overall, the global motor supply is dominated by key players such as Bosch eBike Systems, Shimano Inc., Yamaha Motor Co., Ltd., Brose Fahrzeugteile SE & Co. KG, and Bafang Electric, with Bosch, Shimano, and Bafang alone holding significant global market share due to their extensive OEM networks and technological capabilities.

North America is expected to be the fastest-growing ebike market during the forecast period.

North America is emerging as the fastest-growing e-bike market, driven by policy support, shifting mobility preferences, and expanding use cases beyond recreation. Between 2024 and 2026, several US states introduced purchase incentives and rebate programs. California offered substantial statewide vouchers of up to USD 2,000 for qualifying residents, with a focus on safety certifications; Colorado provided a USD 225 instant, point-of-sale tax credit for qualifying electric bikes, with additional incentives for cargo bikes; and local and city programs, such as those in Denver, offered significant incentives of up to USD 1,400. These government incentives are promoting ebikes in North America. In addition, cities are investing in bike-lane infrastructure and safety regulations, alongside stricter standards for battery safety and UL certification, improving consumer confidence. At the same time, rising fuel costs and demand for last-mile and cargo mobility solutions are accelerating adoption, especially in urban areas, making e-bikes a practical alternative to cars rather than just a recreational product.

Meanwhile, mountain and trekking ebikes hold a dominant share in North America because of the region’s strong outdoor culture and diverse terrain, where consumers demand higher performance, durability, and longer range. These bikes are predominantly equipped with mid-drive motors from key players such as Bosch eBike Systems, Shimano Inc., and Yamaha Motor Co., Ltd., which provide greater torque, improved balance, and more efficient power transfer on steep or off-road terrain. This preference reinforces the premiumization trend in North America, where consumers increasingly prioritize performance-oriented ebikes over basic urban models.

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Top Companies in ebike Market:

The Top Companies in ebike Market are Giant Manufacturing Co., Ltd (Taiwan), Yamaha Motor Company (Japan), Accell Group NV (Netherlands), Yadea Group Holdings, Ltd. (China), and Pon Bicycle Holdings B.V. (Netherlands).

Browse Adjacent Market: Automotive and Transportation Market Research Reports & Consulting

Related Reports:

Electric Vehicle Market

Electric Two Wheeler Market

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MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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