Connect with us

Technology

Temu and EMX Form Strategic Partnership to Elevate E-Commerce Fulfillment in the United Arab Emirates

Published

on

Introducing Sea Shipping and PUDO Services to Enhance Affordability, Flexibility, and Convenience for UAE Shoppers

DUBAI, UAE, Jan. 29, 2025  /PRNewswire/ — Temu, the direct-from-factory online marketplace, today announced a strategic partnership with EMX, the logistics arm of 7X, to enhance e-commerce fulfillment in the United Arab Emirates (UAE) and across the Middle East.

Under the partnership, Temu and EMX are expanding the sea shipping capability and introducing PUDO (Pick-Up and Drop-Off) services to ensure a seamless online shopping experience for Temu’s growing customers in the region.

Sea Shipping Capability: By managing logistics based on varying shipping needs, Temu can lower costs, ensuring customers enjoy even more affordable pricing. Expanding sea shipping with EMX also enables comprehensive logistics coverage across all Gulf countries, improving accessibility and delivery options for regional customers.

PUDO services: By integrating 7X’s PUDO services fulfilled by EMX, Temu provides customers with greater delivery flexibility. With convenient pick-up and drop-off options, customers can leave or retrieve their parcels at times and places of their convenience. This feature also minimizes delivery failures, offering peace of mind to consumers while reducing associated costs, all contributing to more efficient and sustainable logistics operations.

“Temu’s mission is to make quality products affordable to consumers of all walks of life. By partnering with reliable fulfillment partners like EMX, we are able to continuously optimize our logistics solutions, broaden product offerings and ensure a convenient and seamless shopping experience for customers,” a Temu spokesperson said.

Since launching services in the UAE in September 2023, Temu has rapidly expanded its footprint across the Middle East, including Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, and Jordan. Temu offers a diverse range of products across over 200 categories, from household essentials to electronics, catering to the unique needs of consumers in these markets.

“We are excited to partner with Temu to bring our reliable and high-quality delivery services to its online shoppers in the UAE and beyond, driving a strategic transformation in the regional logistics landscape. By leveraging our advanced sea shipping capabilities and scalable PUDO services, together with Temu, we aim to redefine affordability and flexibility in delivery operations, setting a new standard for convenience and customer satisfaction as well as elevating the fast-growing e-commerce fulfillment for the GCC region,” said Tariq Al Wahedi, General Manager at EMX.

The partnership is facilitated through MailAmericas. As a gold member of the Universal Postal Union (UPU) Advisory Committee, MailAmericas makes full use of its advantages in cross-border e-commerce to facilitate connections between both parties.

Temu is known for pioneering an innovative direct-from-factory model that streamlines the supply chain by eliminating unnecessary layers of intermediaries and their costs, passing on savings to consumers.

About Temu

Temu is a global e-commerce company that connects consumers with millions of business partners, manufacturers and brands with a mission to enable them to live a better life. Temu is committed to offering affordable products to enable consumers and business partners to realize their dreams in an inclusive environment. Temu began operations in the United States in September 2022 and is now available in 90 markets worldwide.

About EMX

EMX, the logistics arm of 7X, delivers bespoke logistics services and last-mile delivery solutions to meet the needs of government, banking, e-commerce, and corporate entities. EMX offers reliable domestic door-to-door delivery services in the UAE while fostering global business connections through its international network. Focused on tailored, efficient, and convenient solutions that empower businesses and bridge distances, EMX ensures a world within reach.

About MailAmericas

MailAmericas is a global logistics company specializing in customized international mail solutions. With over two decades of experience, the company helps postal operators and logistics companies strengthen their delivery capabilities, especially in emerging markets. MailAmericas has become a key player in consolidating international mail for over 60 countries across Latin America, Africa, Southeast Asia, and Eastern Europe. Focused on innovation and cutting-edge technology, MailAmericas is dedicated to providing reliable, cost-effective logistics services for eCommerce platforms, sellers, and businesses worldwide.

Photo – https://mma.prnewswire.com/media/2606460/EMX_Visual.jpg

View original content:https://www.prnewswire.co.uk/news-releases/temu-and-emx-form-strategic-partnership-to-elevate-e-commerce-fulfillment-in-the-united-arab-emirates-302362270.html

Continue Reading

Technology

BCE reports results of Series S and T preferred share conversions

Published

on

By

MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

Continue Reading

Technology

3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

Published

on

By

ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-announces-collaboration-with-gseo-to-advance-expanded-beam-optical-manufacturing-and-development-302913170.html

SOURCE 3M Company

Continue Reading

Technology

Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

Published

on

By

NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

View original content:https://www.prnewswire.com/news-releases/scott-vicknair-personal-injury-lawyers-announces-second-annual-operation-fur-ever-home-pet-adoption-event-at-lafreniere-park-302913183.html

SOURCE Scott Vicknair Personal Injury Lawyers

Continue Reading

Trending