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The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

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CHONGQING, China, March 27, 2025 /PRNewswire/ — On March 25, 2025, Huawei Cloud hosted its Asia-Pacific Forum at the Go-Global Summit in Chongqing Shancheng International Conference Center, bringing together nearly 200 industry leaders from entertainment, social media, gaming, digital finance, retail, e-commerce logistics, and Web 3.0 sectors. Keynote speakers delved into the current state and future directions of Chinese enterprises’ globalization efforts, while also showcasing success stories of companies that have established a strong presence in the Asia Pacific region, highlighting Huawei Cloud’s dedication to collaborative innovation with customers and partners in this dynamic market.

Six Collaborative Initiatives for Rapidly Expanding Brands in Asia Pacific

In her welcome address, Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, outlined the company’s significant strides in the Asia Pacific region. She mentioned that this region is the largest market for Huawei Cloud outside the Chinese mainland, with Singapore, Hong Kong (China), and Thailand consistently ranking among the top three in terms of revenue creation. This vast region, with Singapore, Hong Kong (China), and Thailand as the top three revenue-generating markets, has solidified its position as the largest market outside China for Huawei Cloud. With the digital economy booming, Asia Pacific has become a hotbed of business opportunities, making it the preferred destination for Chinese enterprises looking to expand their business reach.

However, Jacqueline cautioned that success in this dynamic market requires more than just cutting-edge technology; businesses must also prioritize cost efficiency and adapt to local market nuances to win the trust of customers, partners, and users. To thrive, companies need a deep understanding of each country’s unique landscape and conduct targeted market analysis to establish robust market intelligence. By doing so, they can capitalize on emerging opportunities and unlock growth potential over the coming decade.

Shang Haifeng, President of Huawei Cloud Asia Pacific, highlighted the region’s unique appeal for Chinese enterprises, citing its cultural, linguistic, demographic, and economic affinities with China. The Asia Pacific market has proven particularly fertile for Huawei Cloud, which has expanded 30-fold over the past five years, making it the fastest-growing cloud service provider in the region.

At the forum, Huawei Cloud unveiled six collaborative initiatives for enterprises venturing into Asia Pacific:

Cloud infrastructure: Providing unified access to robust cloud resources, which enables worldwide business operations.

Technology: Assisting customers and partners in co-creating competitive solutions with cutting-edge technologies.

Sales: Assisting partners in expanding new international markets through shared market opportunities.

Ecosystem: Sharing local ecosystem resources to support customers and partners in achieving business success.

Market: Enabling customers and partners to expand their businesses and increase brand awareness through co-marketing campaigns.

Platform: Opening Huawei’s over 20 years of experience in local business, commercial, legal, finance, tax, and compliance operations, supporting enterprises to easily entering the Asia Pacific market.

At the event, Mr. Shang unveiled the “Asia-Pacific Acceleration Program”, where Huawei Cloud Asia Pacific will commit USD10 million in dedicated funding to provide six tailored support packages: strategic consulting, solution development, co-marketing initiatives, cloud migration assistance, joint business expansion, and access to industry networks. He stated that this program aims to empower Chinese enterprises to expand their regional footprint by leveraging Huawei Cloud’s extensive partner ecosystem in Asia Pacific. With this program, Huawei Cloud stands ready to help customers and partners navigate the complexities of globalization.

Sharing on Business Environments and Talent & Investment Attraction Strategies in ASEAN and Hong Kong (China)

Dr. Piti Srisangnam, Executive Director of ASEAN Foundation, underlined that within the next 10 years, ASEAN will comprehensively upgrade its digital infrastructure, foster digital innovation, and lay a solid foundation for becoming a significant global digital economy. Cloud services act as a catalyst for ASEAN’s digital growth, offering stable support for a diversified digital economy. He called for continued collaboration, innovation, and investment to empower ASEAN miracle.

Samson Cheung, Deputy Head of Business and Talent Attraction / Investment Promotion at the Hong Kong Economic and Trade Office in Chengdu (CDETO), noted that the Chinese mainland excels globally in innovation, digital advancements, and untapped market opportunities. Meanwhile, Hong Kong’s robust, diversified financial and capital markets, seamless zero-tariff trade facilitation, and esteemed professional services have solidified its position as the hub for businesses expanding beyond China into the Asia-Pacific region. As a cosmopolitan hub connecting East and West, Hong Kong seamlessly integrates global and Chinese strengths, drawing in top-tier businesses and exceptional talent from around the globe.

Success Stories from Chinese Enterprises

Li Jianggan, founder and CEO of MomentumWorks, drew upon his company’s extensive global operations experience to share valuable insights on going global. He highlighted Southeast Asia’s vast online retail potential, currently at just 12%, significantly lower than China’s 30%. To thrive, businesses must harmonize local relevance with global expansion, creating a model that resonates with local customers and partners. Notably, he argued that a high threshold for global expansion is not inherently negative; rather, it drives enterprises to enhance their internal capabilities before expanding, laying a solid foundation for long-term growth.

According to Shou Dong, co-founder and chairman of ADVANCE.AI, the digital payment penetration rate in Southeast Asia leaped from under 10% in 2015 to a remarkable 75% in 2025, while the digital economy scaled up exponentially from USD32 billion to a whopping USD3 trillion. Mr. Shou attributed his company’s success to three key factors: early market entry, demand for inclusive finance, and market competition itself. He astutely observed, “While others mine gold, you need to prepare your shovel and uncover your unique, irreplaceable value proposition.” Notably, he expressed gratitude towards Huawei Cloud, highlighting their collaborative spirit, saying, “Our first partner wasn’t Huawei Cloud, but they were willing to share business opportunities with us without expecting a transaction.”

Jin Xiaoxu, Director of Business Globalization at Yonyou, stated in his keynote speech that in 2023, Yonyou launched the strategy of helping Chinese enterprises go global and they aim to upgrade this strategy to version 2.0 by 2026, serving over 2 million enterprises to build IT systems and striving to be the top platform in the Asia-Pacific region. With a decade-long partnership with Huawei Cloud, Yonyou has yielded numerous success stories across the Asia Pacific. As Chinese enterprises expand globally, their demands for digital and intelligent upgrades have become increasingly sophisticated, particularly when it comes to localized operations. To meet this need, Yonyou plans to deepen its roots in the Asia Pacific market, driving localized partnerships and operations while continuing to facilitate smart management for enterprises.

During the panel discussion, the host facilitates a discussion where four guests shared their experiences of expanding into the Asia-Pacific market and the challenges they overcame in this journey, while also exploring how AI empowers or transforms their respective industries.

Tian Ye, founder and CEO of Delivery Chinatown, highlighted the Southeast Asia market’s severe fragmentation, particularly emphasizing the difficulties faced by food delivery platforms. Singapore was their first stop in global expansion, despite its high consumption level and relatively small scale, which posed significant regulatory differences. They expressed gratitude towards Huawei Cloud for providing robust support in connecting them with local partners and customers.

Bi Peng, CTO of Island Credit Solution, expressed optimism that the partnership with Huawei Cloud would help address Southeast Asia’s unique challenges, particularly the availability of comprehensive localized technologies and services, and optimize data verification and processes by employing AI. Huawei Cloud’s infrastructure and AI capabilities will be instrumental in driving their innovation forward.

Jennifer Zhang, President of WIZ.AI, highlighted the talent acquisition as the greatest challenge for expanding globally. She emphasized that AI technology plays a pivotal role in streamlining business processes and boosting efficiency.

Cai Yi, CTO of NXCLOUD, expressed that with Huawei Cloud’s backing, they have successfully entered the local market and achieved notable milestones. As the market evolves, it becomes essential to delve into customer needs and continually generate value. With Huawei Cloud’s open AI platform, they are able to leverage foundation models at low cost and high efficiency, an efficient way to maintain technological leadership and capitalize on industry transformation opportunities.

Looking ahead, Huawei Cloud will empower Chinese enterprises to gain a competitive edge in the global market through its holistic support and innovative solutions, fostering closer collaboration with customers, partners, and industry peers to drive the globalization of Chinese businesses.

 

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SOURCE Huawei Cloud APAC

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Ningbo’s “Eco+” Integration Practice showcased at SCO forum

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NINGBO, China, April 28, 2026 /PRNewswire/ — The Shanghai Cooperation Organization’s (SCO) Green and Sustainable Development Forum was held in Ningbo, Zhejiang province, April 28–30. At this international event focused on green, low–carbon transition, Ningbo showcased concrete examples of harmonious coexistence between people and nature.

An abandoned quarry has been converted into an international racetrack, whose engine roars have stimulated a growing cultural and tourism sector. A once–barren “firewood trail” has been upgraded into a national mountaineering route, spawning distinctive local industries now known as the “Hometown of China’s Sports Walking Sticks” and the “Capital of China’s Flashlights.” Ningbo continues to advance its “Eco+” integration model, turning ecological assets into industrial momentum, development potential and measurable gains in shared prosperity. The city has developed a practical path for realizing the value of lucid waters and lush mountains, offering a replicable “Ningbo model” for green, low–carbon urban transformation worldwide.

In Beilun, more than 500 species have been recorded, and the district has been designated a UN “Biodiversity Charming City.” From the revitalized Meishan Bay in Beilun to the misty expanse of Dongqian Lake in Yinzhou and the historic allure of Moon Lake in Haishu, local authorities are using the “golden key” of ecological governance to revive dormant green mountains and clear waters. Notably, Ningbo’s ecological governance goes beyond mountain repair and water treatment: it integrates “Eco+” development from the source through unified planning and coordinated implementation—protecting ecological foundations while preserving space for industry. This forward–looking approach has produced a win–win outcome for ecology and development; along Meishan Bay’s shore, cultural tourism and leisure industries have rapidly clustered, receiving more than 2 million visitors annually.

In Fenghua, the “Common Prosperity Studio” initiative has built a full–chain platform integrating “5G + IoT + Agriculture,” and introduced a model that combines village–collective fixed–rent leasing, professional enterprise operation and flexible farmer participation. In Yuyao, Hemudu pioneered China’s first ecological integrated farming of breeding soft–shelled turtles in water oat fields, balancing ecological protection, food security and farmers’ income growth. Zhenhai Refining & Chemical has established China’s first “Zero–Waste Petrochemical Base,” recognized as a national model case of a “Zero–Waste Industrial Park.”

Leveraging its mountain and sea resources, Ningbo has deepened chain–based integration of “Ecology + Cultural Tourism + Sports + Manufacturing,” continuously converting ecological value into tangible benefits for residents. Ninghai has transformed abandoned ancient paths into a 500–km national mountaineering trail and established a national sports–industry demonstration base. Xiangshan has used the Asian Games to invigorate coastal tourism and open channels for converting marine ecological value. Yinzhou and Haishu have developed biodiversity–friendly districts and townships, fostering new sectors such as educational tourism and cultural–creative industries.

To ensure green development proceeds steadily and sustainably, Ningbo is building a multi–stakeholder governance system that includes government, enterprises and the public. Ninghai has pioneered a “Soil and Forestland Bank,” using financial instruments to unlock the value of forestry resources. Yinzhou, Cixi and other areas have mobilized broad public participation in ecological protection, creating a co–construction and shared–benefits model that supports ongoing ecological value realization.

Photo – https://mma.prnewswire.com/media/2968174/Ningbo_Meishan_Port.jpg
Logo – https://mma.prnewswire.com/media/2968173/Ningbo_Logo.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ningbos-eco-integration-practice-showcased-at-sco-forum-302756146.html

SOURCE Ningbo International Communication Center

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Hyde Park Capital Advises DevRefactory on its Sale to Capacity

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TAMPA, Fla., April 28, 2026 /PRNewswire/ — Hyde Park Capital announced today that its client, DevRefactory, a leading customer experience software platform specializing in omnichannel journey orchestration, embedded middleware, and integrated managed services, has been acquired by Capacity. Hyde Park Capital served as the exclusive investment banker to DevRefactory for this transaction. Shumaker, Loop & Kendrick served as legal counsel to DevRefactory.

DevRefactory’s platform orchestrates customer interactions across voice, chat, web, and social channels, enabling seamless transitions while preserving context. It centralizes knowledge, powers self-service and chatbot experiences, and streamlines engagement across the customer lifecycle. These capabilities are complemented by a specialized managed services team supporting implementation, optimization, and ongoing performance improvement.

Marcus Alexander, CFO and Head of Corporate Development at Capacity, stated, “The DevRefactory team have built an incredible business in the telecom space and this acquisition allows us to scale that innovation across the entire Capacity platform. Together, we’re accelerating a future where contact centers can unify their customer interactions, reduce costs and deliver consistently better experiences, without the complexity of fragmented tools.”

James Ramey, Co-Founder and Managing Partner of DevRefactory, commented, “After rapidly establishing Refactory as a leader in AI enablement—delivering enterprise-grade solutions to Fortune 50 organizations—we are excited to announce that Refactory has been acquired by Capacity AI. This partnership will expand our ability to deliver true omnichannel AI experiences at scale, leveraging Capacity AI’s platform and reach across more than 20,000 customers worldwide.”

Ramey continued, “Following strong inbound acquisition interest, we partnered with Hyde Park Capital as our exclusive financial advisor to evaluate strategic opportunities. Their team brought exceptional focus, deep alignment with our vision, and a disciplined process that prioritized both enterprise impact and employee value. Hyde Park Capital curated a highly complementary group of potential partners and guided us through a transaction that positions our team and technology for long-term success. Together, we selected Capacity AI as the ideal partner to accelerate our mission and extend the reach of Refactory’s platform globally. We are incredibly grateful to the Hyde Park Capital team and the Capacity AI team for their partnership throughout this process, and we are excited for the next chapter as part of Capacity AI.”

Michael Johnson, Managing Director at Hyde Park Capital, reflected on the transaction, “It has been a privilege to advise JC, Brian, and Dustin, the founders of DevRefactory, throughout this process. From day one, it was clear that they built something truly differentiated, a platform rooted in deep technical expertise and a genuine passion for reimagining how enterprises engage with their customers. DevRefactory’s capabilities are a natural fit within Capacity’s platform, and we are excited to see the impact this combination will have for their clients and the broader customer experience market.”

Trevor Mumford, Vice President at Hyde Park Capital, added, “It was genuinely refreshing to work with a founding team that has been close friends since high school and has spent years building technology together. Working alongside entrepreneurs who combine that kind of personal conviction with serious technical innovation makes for a truly rewarding engagement. We’re proud of the outcome and confident Capacity is the right home to take DevRefactory’s mission to the next level.”

About DevRefactory

Founded in 2020, DevRefactory is a customer experience software platform that enables enterprises to deliver seamlessly connected, omnichannel customer journeys at scale. Through its OCX (Omnichannel Customer Experience) suite, DevRefactory provides embedded middleware, managed services, and practical AI frameworks that orchestrate engagement across voice, web chat, SMS, mobile apps, email, and social media. The Company’s solutions empower customers to interact on their own terms while eliminating the complexity of managing disparate channel technologies independently. Partnering with leading platforms, DevRefactory serves as an innovation accelerator, helping enterprises prove value rapidly and integrate modern omnichannel capabilities into their existing ecosystems. For additional information, please visit www.refactory.dev.

About Capacity

Founded in 2017, Capacity is an AI-powered support automation platform that gives organizations the capacity to do more with less. Its unified platform combines intelligent virtual agents, conversational AI, agent assist and live support tools, campaigns and workflow automation, and advanced analytics, enabling businesses to automate customer inquiries, reduce handle times, and drive consistent, high-quality experiences across every channel, including voice, chat, email, SMS, and web. Trusted by more than 20,000 organizations and powering over 36 billion automated interactions, Capacity serves leading brands across financial services, healthcare, retail, education, insurance, and more. With over 250 pre-built integrations and enterprise-grade security, Capacity delivers seamless deployment into existing technology ecosystems. Proudly headquartered in St. Louis, Missouri, Capacity is part of the Equity.com incubator. For additional information, please visit https://capacity.com/main.

About Hyde Park Capital

Hyde Park Capital is a boutique investment banking firm specializing in mergers and acquisitions of successful founder and family-owned companies. Hyde Park Capital’s principals have extensive investment banking experience, including managing sell-side and buy-side transactions, recapitalizations, financial advisory assignments, fairness opinions, raising growth and acquisition capital for companies, including equity, mezzanine, senior debt, and project finance. Hyde Park Capital has bankers who specialize in numerous industry sectors, including healthcare, industrials, business services, technology, consumer, and cleantech/power finance particularly in connection with data centers. This transaction represents another successful engagement closed by Hyde Park Capital within the technology sector. Hyde Park Capital is headquartered in Tampa, Florida, with additional offices in Nashville, Tennessee, and San Francisco, California, and is a member of FINRA and SIPC. For additional information, please visit www.hydeparkcapital.com.

Media Contacts:

Michael Johnson

Managing Director

johnson@hydeparkcapital.com

813-769-3284

Trevor Mumford

Vice President

mumford@hydeparkcapital.com

813-209-9071

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyde-park-capital-advises-devrefactory-on-its-sale-to-capacity-302756148.html

SOURCE Hyde Park Capital

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Micro Center Launches Retail Media Offering to Reach Tech Enthusiasts and Builders

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Powered by Epsilon, Micro Center Retail Media combines AI, person-level identity, and closed-loop measurement to deliver provable, measurable impact for advertisers.

HILLIARD, Ohio, April 28, 2026 /PRNewswire-PRWeb/ — Micro Center, a leading national retailer of computers and electronic devices, today announced the launch of its retail media offering, Micro Center Retail Media. The offering gives brands access to more than 20 million highly engaged Micro Center customers—tech enthusiasts including PC builders, small businesses, IT professionals and creators—audiences that are difficult to reach at scale through mass-market retail media networks. Using first party data and deep category insights, advertisers can influence purchase decisions where technical guidance, compatibility, and performance matter most.

“For more than 40 years, Micro Center has earned the trust of tech enthusiasts and builders by pairing deep expertise with an unmatched in-store experience,” said Steve Rado, Chief Marketing Officer of Micro Center. “Our retail media offering builds on that foundation, giving advertisers a powerful way to engage our customers with relevance, credibility and clear measurement.”

Developed in partnership with global technology, data, and services company Epsilon, Micro Center Retail Media couples AI with person level identity in the ad server to help advertisers engage high intent shoppers with greater precision. The offering intelligently determines when, where, and how often to engage customers, optimizing media investment to maximize performance.

Brands can activate campaigns across Micro Center’s digital and physical touchpoints to influence both online and in-store purchases. Available channels include onsite display and sponsored product placements as well as offsite display, video and CTV—all supported by closed-loop measurement that quantifies incremental sales across digital and physical environments.

“Micro Center Retail Media connects advertisers with some of the most knowledgeable, high-intent tech buyers in retail,” said Rado. “It’s a best-in-class offering designed to help advertisers engage serious tech buyers with confidence.”

Named PCMag’s Best Tech Retailer for three consecutive years, Micro Center is widely recognized for its expert-led customer experience and technical credibility. Instore offerings such as the Knowledge Bar, Insider credit card benefits, and exclusive instore only “loss leader” bundles create high-impact moments for brands at the point of decision. Customers rely on Micro Center associates to identify compatibility issues and recommend better builds—trust that translates directly to advertiser performance.

“Micro Center boasts one of the most informed and intentional audiences in retail,” said Chris Wissing, Chief Product Officer at Epsilon. “Our data and technology help identify more of these niche shoppers, follow their journey from online to in-store, and connect media directly to purchase outcomes for Micro Center and its brand partners.”

About Micro Center

Micro Center operates thirty large computer and electronics stores in major markets nationwide. Founded in 1979 in Columbus, Micro Center is designed to satisfy the dedicated computer and electronics user. Uniquely focused on computers and related products, Micro Center offers more computers and related items (more than 20,000 items in stock) than any other retailer. Micro Center is passionate about offering a high level of customer service, with a knowledgeable and tenured sales team. Customers can visit Micro Center’s 30 stores (with more locations coming soon) from coast-to-coast or microcenter.com for thousands of computer-related items, electronics, and other technology products.

Micro Center stores are located in:

Atlanta (2), Baltimore, Boston, Chicago (2), Charlotte, Cincinnati, Cleveland, Columbus, Dallas, Denver, Detroit, Houston, Indianapolis, Kansas City, Los Angeles, Miami, Minneapolis, New York (5), Philadelphia, Phoenix, St. Louis, Washington, D.C. (2), Santa Clara, and coming soon, Austin.

About Epsilon

Epsilon is a global technology, data, and services company that the world’s leading brands use to harmonize consumer engagement across their paid, owned, and earned channels.

The Epsilon PeopleCloud platform includes capabilities such as data, identity resolution, customer data platforms, clean rooms, digital media, retail media, site personalization, direct mail, loyalty, email marketing, and measurement. By applying artificial intelligence against privacy-centric identity resolution—embedded in data-enriched analytic, marketing, and media solutions and services—Epsilon allows marketers to bridge the divide between marketing and advertising technology, engaging consumers with 1 View, 1 Vision, and 1 Voice. For more information, visit www.epsilon.com.

Media Contact

Meg Adrion, Micro Center, 1 614-850-3000, madrion@microcenter.com, microcenter.com
Dan Ackerman, Micro Center, dackerman@microcenter.com, microcenter.com

View original content:https://www.prweb.com/releases/micro-center-launches-retail-media-offering-to-reach-tech-enthusiasts-and-builders-302755943.html

SOURCE Micro Center

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