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StockX Sets Cyber Weekend Records

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— The company saw record trades on Cyber Monday —

— Asics, Fear of God, Pop Mart, and Timberland set new trade records throughout the week —

— Best-selling products across categories included Travis Scott’s latest Jordan collab, sneakers from Asics and adidas, Fear of God apparel, Ugg Lowmel boots, and Labubu collectibles from Pop Mart —

DETROIT, Dec. 3, 2024 /PRNewswire/ — StockX today reports a strong Cyber Week performance, with Monday breaking previous trade records. Between Wednesday and Monday, the platform saw record trades from brands including Asics, Fear of God, Pop Mart, and Timberland. Additionally, adidas, Yeezy, Lego, Stanley, Vans, and Denim Tears saw year-over-year trade growth. During the same time period, the company also set a new trade record for apparel sales, with the category achieving double-digit growth compared to 2023. Shoppers flocked to the platform earlier than ever, with year-over-year trades on Wednesday and Thursday up nearly 40% and 50% respectively, and StockX closing the six-day shopping week with more trades than it saw in the same time period last year. The platform also saw record use of Xpress Ship – StockX’s quicker shipping feature – setting single-day sales records from Wednesday through Cyber Monday. Xpress Ship items are pre-verified by StockX verification experts and ready to ship as soon as a purchase is made.

“This Cyber Weekend was a testament to the continued demand for sought-after products around the globe. Though many consumers remain price-conscious this year, we saw record trades on Cyber Monday and multiple brands achieved triple-digit growth over 2023. These results reflect the trust our community has in StockX and the power of our vast product catalog of sought-after items,” said StockX co-founder, President, and COO Greg Schwartz. “We expect this momentum to continue through the holiday season, and our team will be ready to deliver a best-in-class experience for both buyers and sellers.”

Just between Friday and Monday, StockX facilitated tens of millions of dollars in sales worldwide. In preparation for the weekend, StockX rolled out new features to provide even more value to holiday shoppers. The platform made hundreds of thousands of products available for quicker shipping via Xpress Ship, giving customers the opportunity to shop through Thursday, December 19, and still get their items before Christmas. The company also introduced returns, allowing shoppers in the United States to return eligible items within 14 days of delivery for a full refund in the form of StockX credit, minus the original cost of shipping. For orders placed between November 27 and December 31, StockX extended the return window through January 15, 2025. Additionally, StockX gift cards are available to U.S. customers for the first time this holiday season. 

Top Movers on StockX During Cyber Weekend: 

Sneakers

Asics: Multiple releases from Asics ranked among the top 100 best-selling products throughout Cyber Weekend. Asics is one of the fastest-growing sneaker brands on StockX, and will set a new sales record in 2024. Collabs with Kith and JJJJound boast big price premiums, but the brand’s general release models are also very popular. Top picks throughout the weekend included the Asics Gel-1130 Black Pure Silver and the Asics Gel-Kayano 14 Cream Black Metallic Plum.New Drops from Jordan Brand: Unsurprisingly, Travis Scott’s latest collab was highly sought after, ranking among the top-traded sneakers despite it boasting an average resale price of more than $400. The recently released Jordan 11 Retro Legend Blue (2024) was also a top pick throughout the weekend.Adidas Spezials: For the first time ever, an adidas Spezial ranks among the top 100 products on Cyber Weekend. Born in 1979 as an indoor training shoe, the silhouette has seen a resurgence over the past couple of years after adidas reintroduced it with splashy collaborations and a slew of new colorways. Two colorways – the adidas Handball Spezial Earth Strata Gum (Women’s) and the adidas Handball Spezial Navy Gum – ranked in the top 100.

Shoes

Ugg: Ugg delivered unprecedented growth on StockX during the holiday season of 2023, and the brand remains a popular pick this year. While classic slippers like the Tazz and Tasman are carryover favorites, a new release is competing as a holiday favorite: the Ugg Lowmel Boot. Debuted late last year, the Lowmel ranked among the top 30 best-selling products on StockX this Cyber Weekend.Yeezy Slides: Multiple Yeezy slides ranked among the top-traded products on Cyber Weekend, with favorite colorways being Slate Grey and Dark Onyx. Boasting an average price of around $100, slides are a popular option for shoppers looking for lower-priced items.Timberland: Renewed demand for a winter classic, Timberland’s 6″ Boot, helped the American outdoor brand see triple-digit growth on Black Friday. Timberland may be more than 50 years old, but it has stayed at the center of current culture with collaborations with the likes of Supreme and Louis Vuitton.

Apparel

Fear of God: The Jerry Lorenzo-led label took center stage this weekend, with hoodies from Fear of God’s ESSENTIALS line taking the top three spots on StockX’s ranking of best-selling products. The black, light oatmeal, and dark oatmeal colorways were favorites among shoppers.Denim Tears: Denim Tears remains the fastest-growing apparel brand on StockX in 2024, so it’s no surprise the buzzy label was a top pick over Cyber Weekend. The brand’s cotton wreath sweatshirts were popular picks over the weekend.

Collectibles

Labubu from Pop Mart: Pop Mart was the No. 1 top-traded collectibles brand on StockX in November, thanks to the viral success of the brand’s Labubu character. Pop Mart features the character across a range of collectibles, from figures to keychains. With the popularity of bag charms taking off in the second half of the year, shoppers are desperate to get their hands on Labubu collectibles. Top picks on StockX include the Pop Mart Labubu The Monsters Tasty Macarons Vinyl Face Blind Box Whole Set and Pop Mart Labubu The Monsters Fall In Wild Vinyl Plush Doll Pendant Keychain.

Electronics

PlayStation 5 Pro and the PlayStation 30th Anniversary Collection: Nostalgia fueled demand in the electronics category this holiday season, led by the new PlayStation 5 Pro and the 30th Anniversary Collection. The new design celebrates the release of the original PlayStation in 1994, featuring the brand’s iconic grey color and design on the latest devices including the Sony Playstation PS5 DualSense 30th Anniversary Limited Edition Wireless Controller and Sony PlayStation Portal Remote Player 30th Anniversary Limited Edition.

StockX welcomed millions of visitors to its website and app and awarded more than $2 million in prizes to customers throughout Cyber Weekend. Prizes included coveted grails like the Jordan 1 Retro High Dior, Louis Vuitton Nike Air Force 1 Low By Virgil Abloh White Red, and Nike Air Yeezy 2 Solar Red, as well as the Sony PlayStation 5 PS5 Pro 30th Anniversary Limited Edition Bundle. The global marketplace served buyers and sellers in more than 100 different countries and territories, with multiple markets seeing year-over-year sales growth during the shopping period.

For more information about StockX, please visit www.stockx.com.

About StockX

StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, accessories, electronics, collectibles, trading cards, and more. StockX’s powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach affords access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from brands including LEGO, KAWS, Bearbrick, and Pop Mart; and electronics from industry-leading manufacturers Sony, Microsoft, Meta, and Apple. Launched in 2016, StockX employs 1,000 people across offices and verification centers around the world. Learn more at www.stockx.com.

View original content:https://www.prnewswire.com/news-releases/stockx-sets-cyber-weekend-records-302321322.html

SOURCE StockX

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Silicon Valley Investors Urge Taiwan Startups to Find Niches as AI Competition Intensifies

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OAKLAND, Calif., Oct. 19, 2026 /PRNewswire/ — Taiwanese startups seeking to compete in artificial intelligence must develop specialized expertise, strengthen distribution networks and identify markets overlooked by larger technology companies, investors said at a Silicon Valley gathering on Monday.

The discussion took place during Taiwan × Silicon Valley: Founders, Capital & the Next Wave of Innovation, organized by Startup Island TAIWAN Silicon Valley Hub and Taiwan Global Angels in partnership with Google Cloud as part of SF Tech Week.

Opening the event, Uly Su, director and head of Startup Island TAIWAN Silicon Valley Hub, emphasized the hub’s role in connecting Taiwanese startups with U.S. investors, corporations and business opportunities, strengthening ties between Taiwan’s technology ecosystem and Silicon Valley.

The Shrinking AI Advantage

Timothy Chen, managing partner at Essence VC, said the rapid evolution of AI models has made technological advantages increasingly short-lived, forcing investors to reassess how they identify promising startups.

Rather than focusing exclusively on technologies that could dominate over the next five years, Chen said investors are examining founders’ specialized knowledge, distribution capabilities and ability to execute. Even a three- to six-month advantage could prove valuable in a rapidly changing market.

The panelists also discussed how startups could compete against larger technology companies. They emphasized identifying underserved markets, developing specialized capabilities and moving quickly before established players enter emerging sectors.

Beyond Software: Space, Robotics and Physical AI

Poseidon Ho, founding partner and CEO of Outliers Fund, highlighted opportunities beyond conventional AI applications, particularly in space and defense, where government contracts and expanding infrastructure investment are creating markets for emerging companies.

Ho said the sector offers a different investment model from software, with longer development cycles and substantial technical requirements. He encouraged Taiwanese entrepreneurs to explore opportunities within the space industry’s supply chains, including government contracting.

Austin Hwang, principal at ADVentures, identified physical AI, robotics and medical technology as areas of interest, particularly where startups combine specialized hardware with software and proprietary technical capabilities.

Hwang said Taiwan’s experience in semiconductors, electronics and manufacturing could provide an advantage as AI increasingly moves beyond software into physical applications.

From Technology to Commercial Success

A second panel featuring experienced entrepreneurs shifted the discussion toward commercialization, acquisitions and the challenges of building companies across Taiwan and the United States.

Paul Hung, CEO of Taudia, emphasized that startups must begin with a clearly defined customer problem rather than technology development alone.

Hung said founders need to understand why customers would pay for their products and build teams and investor networks capable of supporting commercialization.

Terry Hsiao, managing partner at BonHope Capital, drew on his experience building and selling companies to discuss the decisions founders face when considering acquisitions.

He noted that venture capital firms can spread their risks across multiple investments, while first-time founders often have most of their financial interests tied to a single company. Securing an initial successful exit could therefore be an important consideration.

Medical technology entrepreneur Steve Wu discussed the challenges of developing regulated healthcare products, including lengthy development cycles, regulatory requirements and the importance of understanding the commercial potential of new technologies.

The speakers also highlighted cultural differences between Taiwan and Silicon Valley, where entrepreneurship and risk-taking are more widely encouraged and founders have greater exposure to experienced investors and business leaders.

For Taiwanese startups, the discussions underscored the importance of combining the island’s engineering and manufacturing capabilities with stronger commercialization strategies, international market access and the ability to compete in rapidly changing industries.

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SOURCE Startup Island TAIWAN Silicon Valley Hub

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Flexxon Partners with Tech4Biz Solutions to co-develop server infrastructure that is secure by default

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As organisations increasingly look to build their own servers to run AI systems, the two companies are working to ensure purpose-built infrastructure and security go hand-in-hand

SINGAPORE and BENGALURU, India, Oct. 20, 2026 /PRNewswire/ — Flexxon, a pioneer in secure memory storage and hardware-based cybersecurity solutions, today announced its strategic investment in Tech4Biz Solutions. The partnership will see the companies co-develop solutions that enable efficient and reliable deployment of secure server and data centre operations – a heightened need as enterprises move Artificial Intelligence (AI) workloads on-premises, onto infrastructure they own and must secure themselves.

The investment formalises the ongoing relationship between the two companies, and deepens joint development across the parties’ product lines: Flexxon’s X-PHY hardware security, and Tech4Biz’s Cloudtopiaa, its sovereign cloud and AI infrastructure platform.

X-PHY is Flexxon’s hardware-based cybersecurity brand. It puts AI-powered threat detection inside the drive’s own firmware and hardware, below the operating system. X-PHY’s hardware-based protection is designed to keep working even when the software above it has been compromised.

Cloudtopiaa designs, builds and operates public cloud, private cloud, HPC, GPU inference and AI data centre environments for organisations that want full control of their data, models and AI agents, in the jurisdiction they choose. 

Ms Camellia Chan, Co-founder and CEO of Flexxon, said: “Having worked with Tech4Biz for several years, I am glad to take this next step and deepen the partnership as we continue building towards more secure, more reliable standards together. We are building hardware that is secure by default, carrying that protection from devices into the servers and data centres enterprises now run themselves – the part of the stack where traditional security leaves the widest gaps.”

Ms Yasha Khandelwal, Co-founder and CEO of Tech4Biz Solutions, said, “When a company owns its whole AI stack, there is no hyperscaler behind it to absorb a mistake, so the design and the security have to be right from day one. We have spent years building and running sovereign infrastructure in production for enterprises and institutions, and bringing X-PHY into that design means every server we deliver will ship with protection built into the hardware itself.”

Where AI capability outruns protection

AI has quickly moved from pilots into systems that run on a company’s own data every hour of the day, and the data, models and agent memory involved are now among the most sensitive assets a company holds. More organisations want that capability on infrastructure they own, in the jurisdiction they choose. Accordingly, Gartner forecasts worldwide sovereign cloud infrastructure-as-a-service spending will reach US$80 billion in 2026, a 35.6 per cent increase on 2025, with mature Asia-Pacific markets among the fastest growing and governments the largest buyers. That shift moves the responsibility for securing the infrastructure back to the organisations running it.

These AI systems now work across enterprise data with valid credentials, often without a user approving each action. Software defences remain necessary, but they run on the same layers an attacker is trying to take over – and when those safeguards fail, there must be an immutable layer that protects the data.

What X-PHY and Cloudtopiaa will deliver

The parties will collaborate specifically on integrating Flexxon’s X-PHY hardware security expertise with Tech4Biz’s existing infrastructure capability through Cloudtopiaa, its cloud platform and infrastructure offering.

On the immediate horizon is the integration of X-PHY’s hardware security solutions into Cloudtopiaa environments, so that server estates are secured by default and protection arrives with the machine rather than being bolted on after. For enterprises, that means the security work no longer grows with every server added.

This includes the design, build and deployment of secure infrastructure that organisations can own and run outright. Development is already under way, with commercial deployment expected in 2027.

Cloudtopiaa already runs production workloads for customers including L&T Technology Services, which runs two production engineering platforms on it – a quality management platform for GxP-regulated industries and a multi-agent enterprise AI platform – and Cognitive PRISM. It is also building a three-year private cloud lab ecosystem for Vidyavardhaka College of Engineering, Mysuru.

The partnership will focus first on governments, regulated enterprises, research institutions and data centre operators in Singapore, India and North America.

View original content:https://www.prnewswire.com/in/news-releases/flexxon-partners-with-tech4biz-solutions-to-co-develop-server-infrastructure-that-is-secure-by-default-302913354.html

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SIEW 2026 Brings Together Global Energy Leaders to “Connect Energy Systems, Power Tomorrow”

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SINGAPORE, Oct. 20, 2026 /PRNewswire/ — The 19th Singapore International Energy Week (SIEW) will open on 26 October, bringing together global policymakers, industry leaders and innovators to navigate energy challenges and shape a more secure, connected and sustainable energy future.

Highlights of SIEW 2026

I. Opening: The Singapore Energy Lecture will be delivered by H.E. Dr Tan See Leng, Minister for Energy, Trade and Industry (Energy and Industry). YAB Datuk Amar Haji Fadillah bin Haji Yusof, Deputy Prime Minister and Minister of Energy Transition and Water Transformation, Malaysia, will deliver the Ministerial Keynote Address. Bernard Fontana, Chairman and Chief Executive Officer of Électricité de France (EDF), will share his perspectives at the SIEW Opening Keynote.

II. Ministerial and VIPs: Ministers from Australia, Bhutan, Brunei Darussalam, Finland, Lao People’s Democratic Republic, Oman, Philippines, and United States will be joined by H.E. Dr Kao Kim Hourn, Secretary-General of the ASEAN Secretariat, Dr Fatih Birol, Executive Director of the International Energy Agency, and Francesco La Camera, Director General of the International Renewable Energy Agency. Global industry leaders from Baker Hughes, China Huaneng Group, GE Vernova, Hitachi Energy, Petronas, Siemens Energy, State Grid Corporation of China, Tenaga Nasional Berhad, and Univers will share their insights impacting the energy landscape.

SIEW 2026 will host prominent decision-makers and visionaries from across government, international bodies, regulatory agencies, and industry. The list of speakers attending SIEW 2026 is available here.

Government

H.E. Dr Tan See Leng, Minister for Energy, Trade and Industry (Energy and Industry), Republic of SingaporeH.E. Gan Siow Huang, Minister of State, Ministry of Foreign Affairs & Ministry of Energy, Trade and Industry, Republic of SingaporeYAB Datuk Amar Haji Fadillah bin Haji Yusof, Deputy Prime Minister and Minister of Energy Transition and Water Transformation, MalaysiaH.E. Sonam Tashi, Minister for Energy and Natural Resources, BhutanDato Seri Setia Awang Haji Mohamad Azmi Bin Haji Mohd Hanifah, Minister at the Prime Minister’s Office (Energy, Upstream and Downstream), Brunei DarussalamH.E. Sakari Puisto, Minister of Economic Affairs, Republic of FinlandH.E. Malaithong Kommasith, Minister of Industry and Commerce, Lao People’s Democratic RepublicH.E. Eng. Salim Bin Nasser Al Aufi, Minister of Energy and Minerals, Vice Chairman of the Board of the Oman Investment Authority, OmanThe Honourable Sharon S. Garin, Secretary, Department of Energy, Republic of the PhilippinesH.E. Jean Barroca, Deputy Minister of State for Energy, PortugalDr Majid Al-Qwaiz, Deputy Minister of Development and Project Management, Kingdom of Saudi ArabiaThe Rt Hon Miatta Fahnbulleh MP, Secretary of State for Energy Security and Net Zero, United Kingdom of Great Britain and Northern IrelandChris Stark, Head of UK’s Mission for Clean Power, UK Department for Energy Security and Net Zero

International Organisations

Rafael Mariano Grossi, Director General, International Atomic Energy AgencyLin Yang, Deputy Executive Secretary for Programme, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)Hideaki Iwasaki, Director General, Sectors Department 1 (Energy and Transport Sectors), Asian Development Bank (ADB)Kim-See Lim, Chief Investment Officer, Public Sector (Region 1) & Financial Institutions and Funds (Global) Clients, Asian Infrastructure Investment Bank (AIIB)Stéphanie Guénot Bresson, Commissioner, Nuclear Safety and Radiation Protection Authority Dr Sama Bilbao y León, Director General, World Nuclear Association

Regulators and Utilities

Anna Collyer, Chair, Australian Energy Market CommissionClare Savage, Chair, Australian Energy RegulatorNarumi Hosokawa, Secretary General, Electricity and Gas Market Surveillance Commission, JapanErik Westergaard, Deputy Chair, Electricity Authority, New ZealandDato’ Sri Ir. Ts. Shamsul Bin Ahmad, President and Chief Executive Officer, Tenaga Nasional BerhadHon. Francis Saturnino C. Juan, Chairperson and Chief Executive Officer, Energy Regulatory Commission, PhilippinesTheodore J. Garrish, Assistant Secretary for Nuclear Energy, U.S. Department of EnergyJudy Chang, Commissioner, Federal Energy Regulatory Commission, United StatesEmmanuelle Wargon, Chair, French Energy Regulatory CommissionDr Narin Phoawanich, Governor, Electricity Generating Authority of Thailand Shao Guoyong, Board Director, State Grid Corporation of China

Industry

Gary Rose, Executive Vice President, Nuclear, Canada, AtkinsRéalis, and President, CANDU International, Candu Energy Inc.Allyson Anderson Book, Chief Sustainability Officer, Government Affairs & Public Policy Officer, Baker HughesYingying Zhou, Vice President, Organisation and Head of Asia, Cheniere EnergyJoseph Law, Managing Director, CLP Power Hong KongLi Rui, Vice President, China Southern Power GridLim Wee Seng, Group Head of Energy, Renewables & Infrastructure, Project Finance Strategic Advisory and Sustainability, Institutional Banking Group, DBS BankTham Chee Aun, Chief Executive Officer, Ditrolic EnergyEric Gray, Chief Executive Officer, Power, GE VernovaJames O’Reilly, Chief Executive Officer, Greenlink InterconnectorN Venu, MD and CEO, India and APAC Region, Member of Global Executive Team, Hitachi Energy, MD, Hitachi IndiaZhong Guodong, President, China Huaneng Group Co., Ltd.Dr Han-Gon Kim, President, Innovative SMR Development AgencyTadashi Maeda, Chairman of the Board, Japan Bank for International CooperationIzumi Kai, Managing Executive Officer, CEO of JERA AsiaStephanie McGregor, Chief Executive Officer, Marinus LinkEmmanuel V. Rubio, President and CEO, Meralco PowerGen Corporation (MGEN)Yasuhiro Kawabe, President & CEO of Mitsubishi Power, Ltd.Elaine Lam, Group Managing Director and Head of Global Corporate Banking, OCBCYM Tan Sri Tengku Muhammad Taufik Tengku Aziz, CEO, Petronas Thorbjörn Fors, Group Senior Vice President and President Asia Pacific, Siemens EnergyStanley Huang, Group Chief Executive Officer, SP GroupJeanne Soh, Managing Director, Head, Structured Finance, Asia, SMBC 

The SIEW week will feature high-level expert discussions across SIEW Summit, SIEW Energy Insights, SIEW TechTable and SIEW Thinktank Roundtables. Topics will include energy security, regional connectivity, system resilience and decarbonisation, including leading technologies and industrial capabilities on AI and digital grids, power interconnections, geothermal energy, and nuclear energy. More details can be found at siew.gov.sg. 

Register now at https://register.siew.gov.sg.

PR Newswire is the Official Press Release Distribution Partner of Singapore International Energy Week 2026.

About SIEW

The Singapore International Energy Week (SIEW) is an official trademarked event by the Energy Market Authority (EMA). It is an annual platform for energy professionals, policymakers and commentators to discuss and share best practices and solutions within the global energy space. 

The SIEW logo is an officially registered trademark, a symbol of credibility and prestige as the world’s leading energy event. 

About the Energy Market Authority

The Energy Market Authority (EMA) is a statutory board under the Singapore Ministry of Energy, Trade and Industry. Through our work, we seek to build a clean energy future that is resilient, sustainable, and competitive. We aim to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. Visit www.ema.gov.sg for more information. 

For media queries, please contact:

Ms Mahima Kathuria
FINN Partners for Singapore International Energy Week
Tel: +65 8022 6364
Email: SIEWMedia@finnpartners.com

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SOURCE Energy Market Authority

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