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Luzern eCommerce Announces Strategic Acquisition of Tambo

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Positions as “Europe’s No.1 eCommerce Technology and Services provider”

DUBLIN, Nov. 13, 2024 /PRNewswire/ — Luzern eCommerce, Europe’s leading eCommerce Accelerator, today announced the acquisition of Tambo Marketplaces Limited (Tambo), the UK based award-winning technology and services provider renowned for helping brands gain a competitive edge on Amazon and beyond through innovative AMC (Amazon Marketing Cloud), advertising and retail optimisation solutions.

A key aspect of this acquisition is the combined strengths of both companies’ capabilities, now delivering a game-changing 1P/3P solution—uniquely combining Tambo’s 1P expert solutions with Luzern’s robust 3P capabilities.

By adding Tambo’s advanced consultancy, analytics, and Amazon Marketing Cloud expertise, Luzern eCommerce now delivers a powerful end-to-end solution.

The combination of cutting-edge technology and expert managed services, empowers brands to connect with and convert more buyers through solutions delivered at every stage of the value journey:

Targeted Advertising: Driving impactful customer engagement and conversions through sophisticated, data-powered insights.Strategic Content and Optimised Listings: Engaging customers with content designed to boost visibility and conversion, crafted from in-depth industry expertise.Automated Pricing Solutions: Leveraging intelligent pricing strategies to maximise sales, protect brand positioning, and maintain margins that drive profitability.AI-Driven Demand Forecasting: Enabling brands to anticipate stock needs, adapt supply strategies, and stay ahead of real-time market shifts.Streamlined Inventory and Fulfilment: Supporting brand growth with adaptive logistics and responsive inventory management to meet demand across channels.

Luzern eCommerce is a leader in driving profitable growth for brands, continually advancing market-leading innovations. The latest release of the company’s Channel Optimizer™ platform also introduces an enhanced Margin Optimizer. Powered by breakthrough Generative AI, this tool dynamically adjusts prices based on real-time market conditions, maximising both competitiveness and profitability. Unlike conventional repricers that often trigger a “race to the bottom” in pricing, our Margin Optimizer strategically maintains brand positioning and automates optimal price adjustments, granting brands exceptional control over their pricing.

Commenting on the announcement, Feargal Mooney, Executive Chair of Luzern eCommerce Group, said, “We’re delighted to announce the acquisition of Tambo. This acquisition reinforces our position as Europe’s No.1 eCommerce technology and services provider, enabling us to provide unmatched support to clients. With Tambo on board, we’re enabling brands to unlock new growth, optimise their Amazon strategies, and scale profitably across channels”.

Paul Adams, Tambo CEO, added, “Joining forces with Luzern eCommerce enables us to provide brands with an unmatched, all-encompassing eCommerce solution. Together, we’re giving brands everything they need to succeed on Amazon and beyond, from strategy and execution to measurable growth.”

The integration of Tambo’s expertise in Amazon Marketing Cloud (AMC) analytics with Luzern’s proprietary technology delivers advanced, multi-dimensional insights into customer acquisition. Through AMC, customer behaviour can be tracked and visualised across Amazon touchpoints, refining campaign strategies to boost ad spend efficiency. This enhanced capability supports a higher return on ad spend (ROAS) through precisely targeted engagement, setting a new standard for performance optimisation in eCommerce.

Pat Sherlock, Luzern eCommerce Co-Founder & Chief Product Officer, added: “With the combined power of Luzern’s Channel Optimizer™ and Tambo’s market leading eCommerce technology platform, Tambo Compass, brands now benefit from a single destination for tech-enabled services that deliver the insights and strategic tools needed to elevate performance and scale profitably.”

With this acquisition and a continued focus on innovation, Luzern eCommerce is reinforcing its position as the leading eCommerce accelerator for ambitious brands aiming to drive profitable growth in eCommerce. Luzern’s powerful combination of advanced technology, deep expertise, and strategic insight empowers brands to achieve sustainable success across Amazon, marketplaces, and direct-to-consumer channels.

About Tambo
Headquartered in London, Tambo is an eCommerce technology and services provider that helps ambitious brands outpace their competition on Amazon and other marketplaces in the UK and internationally. We offer a range of services, including consultancy, managed service (1P & 3P), content optimisation, advertising, and analytics. Our services are powered by Tambo Compass, a market-leading data, insight, and activation tool. Tambo is an Advanced Amazon Partner, AMC co-developer, and multiple award winner, most recently winning Gold at the Global Amazon Advertising Award.

About Luzern eCommerce
As Europe’s leading eCommerce Accelerator, Luzern eCommerce optimises sales, margins, and inventory across channels and geographies for brands worldwide. Through our proprietary technology, Channel Optimizer™, and deep domain expertise, we help brands connect with and convert customers on their channel of choice—whether that’s Amazon, other marketplaces, or direct-to-consumer (D2C) webstores. Renowned for excellence in execution, Luzern eCommerce brings speed and agility to ensure rapid time-to-value for our clients. Headquartered in Dublin, Ireland, Luzern eCommerce is trusted by brands such as Philips, Fossil, Petsafe, HTC, and Nestlé, and has a proven record of dramatically growing online revenues.

For media inquiries, please contact:

Lisa Perry
TechComms
lperry@techcomms.co.uk

Avani Gill
TechComms
agill@techcomms.co.uk

Photo – https://mma.prnewswire.com/media/2555765/Tambo_Luzern.jpg

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

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SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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