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2024 Malaysia E-Commerce Product Selection Expo Attracts International Delegations

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Targets RM60 Million in Deals with 200+ Malaysia & China Exhibitors

KUALA LUMPUR, Malaysia, Dec. 2, 2024 /PRNewswire/ — The highly anticipated 2024 Malaysia E-Commerce Product Selection Expo officially launched at MITEC, marking a significant milestone for Malaysia’s growing trade relations with China. With over 200 leading Chinese and local brands showcasing their products, the Expo is poised to strengthen bilateral economic ties and expand business opportunities across Southeast Asia. The event, which carries a transaction volume projection of RM60 million, celebrates the 50th anniversary of diplomatic relations between Malaysia and China this year.

“As the famous Chinese saying goes: ‘The predecessors plant trees, and the next generation enjoys the shade.’ This reminds us that the efforts of past leaders have laid a strong foundation, upon which we continue to build our shared prosperity and collaborative growth. Now, it is our responsibility to carry forward and expand upon that legacy,” stated Albert Chan, Managing Director of JMM Holding and JMM Exhibition, the Expo organiser, in his opening remarks.

Diverse Exhibitor Participation Reflects Growing Bilateral Engagement

The Expo stands out for its diverse participation, featuring nearly 200 exhibitors from both Malaysia and China, spanning a wide range of sectors including new energy solutions, smart electrical technologies, fashion, lifestyle products, and home innovations. Chan emphasized the transformative potential of this event as a platform where bilateral business connections can flourish and local consumers benefit.

“With 80% of exhibitors from China and 20% from Malaysia, this distribution clearly highlights the strong interest from China-based companies seeking to leverage Malaysia as a strategic gateway to Southeast Asia,” Chan noted.

The presence of international business delegations from China and Pakistan further underscores the significance of the inaugural Expo, highlighting Malaysia’s pivotal role as a multicultural and multilingual hub for regional trade across Southeast Asia.

A Strong Commitment to Bilateral Collaboration

The Malaysia E-Commerce Product Selection Expo arrives at a time of heightened cooperation between Malaysia and China, particularly as the two nations celebrate the 50th anniversary of their diplomatic ties in 2024. The event also coincides with China’s recent announcement of a 30-day visa-free policy extension for Malaysian citizens, which is expected to further boost cross-border partnerships.

“This initiative reflects the deepening ties between our two nations and signals greater opportunities for collaboration in the months and years ahead,” Chan remarked.

He emphasized that the Expo symbolizes decades of mutual trust and shared goals, offering a key opportunity for businesses to connect, exchange ideas, and explore new avenues for growth.

Supporting Malaysia’s ESG Vision

Aligned with Malaysia’s national commitment to environmental, social, and governance (ESG) priorities, as outlined in the National Energy Transition Roadmap (NETR) and the 2025 National Budget, which allocates over RM300 million to the transition of the local energy sector, the Expo showcases cutting-edge green technologies. These innovations include solar photovoltaics (PV), energy storage systems, charging piles, lighting, domestic appliances, and other eco-friendly solutions, in line with the Malaysian government’s goal of achieving 31% renewable energy by 2025 and net-zero emissions by 2050.

Expo Anticipates RM60 Million in Trade Transactions and 15,000 Visitors

As a landmark inaugural event, the 2024 Malaysia E-Commerce Product Selection Expo is expected to attract more than 15,000 visitors and facilitate RM60 million in trade transactions over the course of its three-day run.

The positive outlook for the event reflects the growing role of Malaysia–China collaboration in driving economic growth, innovation, and sustainability. The success of this year’s Expo is expected to pave the way for broader participation in future editions, further strengthening bilateral trade ties and positioning Malaysia as a key regional business hub.

Looking Ahead: A Strong Outlook for Future Growth

The 2024 Malaysia E-Commerce Product Selection Expo is jointly organized by the Malaysia Guangdong Chamber of Commerce (MGCC) and supported by several prominent organizations, including the Malaysia-China Friendship Association (PPMC), The Electrical and Electronics Association of Malaysia (TEEAM), and the Standards and Industrial Research Institute of Malaysia (SIRIM), etc. On top of that, recognizing shifts in consumer behaviour post-pandemic, JMM Exhibition has also extended the event’s reach through partnerships with over 120 local multiracial live-streamers throughout the 3 days exhibition, blending online and offline shopping experiences to boost trade volumes. This strong backing from key industry associations reinforces the event’s credibility and bolsters the organizers’ confidence in its success.

“With Kuala Lumpur marking the first step in this journey, this Expo serves as a pivotal milestone, and we look forward to expanding our footprint across Southeast Asia in the years to come,” Chan added.

The opening ceremony was attended by YB Tuan Ng Chin Tsai, Member of the Negeri Sembilan State Legislative Assembly for Temiang, Dato’ Tang Zhi Nian, President of the Malaysia Guangdong Chamber of Commerce, and Dato’ Sri Foo Yong Hing, Deputy President of the organization.

For the latest updates on the 2024 Malaysia E-Commerce Product Selection Expo, please stay tuned to:

Website: www.jmmexhibition.com.my  

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SOURCE JMM Holding Sdn Bhd

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De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

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NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

View original content:https://www.prnewswire.co.uk/news-releases/de-introduces-tokenized-asset-world-on-bnb-chain-developing-financial-intelligence-across-the-full-rwa-financial-landscape-302912966.html

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Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

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The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

View original content:https://www.prnewswire.com/news-releases/plata-reaches-1-billion-arr-milestone-becoming-the-fastest-digital-bank-ever-302912970.html

SOURCE Plata

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

View original content to download multimedia:https://www.prnewswire.com/news-releases/trends-international-announces-kenneth-smith-as-president-and-chief-executive-officer-302912992.html

SOURCE Trends International

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