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Samsung Year-End Promo 2024: Big Savings, Free Gifts, and More!

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KUALA LUMPUR, Malaysia, Nov. 7, 2024 /PRNewswire/ — The holiday season is just around the corner, and Samsung Malaysia is kicking it off with its Year-End Promo (YEP) Campaign from 1 November 2024 to 31 December 2024. This is the opportunity to upgrade your home entertainment and appliances at discounted prices, while also scoring some fantastic freebies worth up to RM1,999[1] when you purchase selected products.

During this campaign period, customers can enjoy promotional prices on a range of TVs, audio-visual, and digital appliances. On top of that, with every qualifying purchase of selected products, you may redeem a specific free gift[2], such as Samsung’s Music Frame, a Samsonite 20″ luggage[3], or a Stanley Quencher Tumbler[4] with every qualifying purchase!

But that’s not all! With the purchase of selected products, customers can also collect the AI Icon points which can be used to redeem TNG eWallet credits worth up to RM800[5], adding even more value to your Year-End purchases. Be sure to check the list of eligible products in the appendix below to take advantage of this offer.

The redemption period for the promotion runs from 1 November 202415 January 2025, so make sure to redeem your TNG credits before the deadline[6]!

Audio Visual (AV) 2024 Year-End Purchase with Purchase (PWP) Promotion[7]

Customers who purchase any selected items listed in Appendix 1 to 3 will also be eligible for a Purchase-with-Purchase (PWP) promotion on selected Samsung sound devices[8]. With this offer, you can enhance your home entertainment experience by adding a sound device at an exclusive price[9]. Check out the list of selected sound devices and their exclusive PWP prices below.

Promotional AV Products

Recommended Retail Price of PWP Item (RM)

Promo Price for PWP Item (RM)

Q-series Soundbar

HW-Q990D/XM

6,499

4,999

Q-series Soundbar

HW-Q930D/XM

4,999

3,699

Q-series Soundbar

HW-Q800D/XM

3,999

2,999

Q-series Soundbar

HW-Q700D/XM

2,999

2,299

Lifestyle Soundbar

HW-S801D/XM

2,999

2,699

Sound Tower

MX-T70/XM

1,999

1,699

Sound Tower

MX-ST50B/XM

1,699

1,299

Digital Appliances (DA) 2024 Year-End Purchase with Purchase (PWP) Promotion[10]

With every purchase of selected Samsung vacuum cleaners, you’ll unlock an exclusive Purchase with Purchase (PWP) deal as listed below.

Promotional DA Products

PWP Item

Recommended Retail Price of PWP Item (RM)

Promo Price for PWP Item (RM)

Bespoke Jet™ Plus Premium

VS20B958F3B/ME

Jet Dual Brush (VCA-TABA95)

399

299

Bespoke Jet™ Plus Pet

VS20B95823W/ME

Slim LED Brush (VCA-SABC95)

499

399

Spray Spinning Sweeper (VCA-WBA95/GL)

599

399

Jet™ 75E Multi

VS20B75AER4/ME

Clean Station (VCA-SAE903/ME)

699

399

Jet™ 65 Pet VS15A60AGR5/ME

Clean Station (VCA-SAE903/ME)

699

399

AI Icon Point Promotion: The More You Buy, the More You Save![11]

Samsung’s AI Icon Point Promotion makes it even easier to save this holiday season. Here’s how it works:

Buy more, save more: Collect AI Icon Points for any purchase of selected promotional product models (refer to Appendix 1, 2, 3, and 4 for eligible products)[12].Collect and Redeem: Purchase at least two (2) products with the AI Icon, and collect a minimum of five (5) points to be eligible for bonus TNG eWallet credits[13]. The more AI Icon points you collect, the greater your bonus (refer to the table below for redemption details).

AI Point(s)

Bonus TNG eWallet Credit (RM)

5 AI points

500

6 AI points

600

7 AI points

700

8 & above AI points

800

For more information on the campaign, please visit: https://www.samsung.com/my/offer/season-of-gifting-2024

[1] First come first served basis, and while stocks last. Terms and conditions apply.

[2] First come first served basis, and while stocks last. Terms and conditions apply.

[3] Will be provided in random colours, subject to availability.

[4] Will be provided in random colours, subject to availability.

[5] First come first served basis, and while stocks last. Terms and conditions apply.

[6] While stocks last. Terms and Conditions apply.

[7] While stocks last. Terms and Conditions apply.

[8] While stocks last. Terms and Conditions apply.

[9] While stocks last. Terms and Conditions apply.

[10] While stocks last. Terms and Conditions apply.

[11] While stocks last. Terms and Conditions apply.

[12] While stocks last. Terms and Conditions apply.

[13] While stocks last. Terms and Conditions apply.

 

About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For the latest news, please visit the Samsung Newsroom at news.samsung.com.

“SAMSUNG MALAYSIA ELECTRONICS (SME) SDN BHD [Company No. 200301026766(629186-D)]”.

APPENDIX 1

Category

Model Code

RRP (RM)

SmartThings (YES / NO)

AI Icon Point

Free Gift

Free Gift RRP (RM)

TV

QA85QN900DKXXM

46,999

YES

3

Music Frame

1,999

TV

QA85QN800DKXXM

32,999

YES

3

Music Frame

1,999

TV

QA75QN900DKXXM

30,999

YES

3

Music Frame

1,999

TV

QA75QN800DKXXM

24,999

YES

3

Music Frame

1,999

TV

QA85QN87DAKXXM

20,999

YES

3

Music Frame

1,999

TV

QA85QN85DBKXXM

18,599

YES

3

Music Frame

1,999

TV

QA75QN87DAKXXM

13,999

YES

3

Music Frame

1,999

TV

QA75QN85DBKXXM

11,999

YES

3

Music Frame

1,999

TV

QA65QN87DAKXXM

9,899

YES

2

Tumbler

199

TV

QA65QN85DBKXXM

8,299

YES

2

Tumbler

199

TV

QA98Q80CAKXXM

33,999

YES

3

Music Frame

1,999

TV

QA65Q80DAKXXM

7,099

YES

2

TV

QA85Q70DAKXXM

14,199

YES

3

Tumbler

199

TV

QA75Q70DAKXXM

10,199

YES

3

Tumbler

199

TV

QA65Q70DAKXXM

6,199

YES

2

TV

QA85Q60DAKXXM

10,999

YES

3

TV

QA75Q60DAKXXM

6,799

YES

2

TV

QA77S95DAKXXM

32,999

YES

3

Music Frame

1,999

TV

QA77S90DAEXXM

28,999

YES

3

Music Frame

1,999

TV

QA65S95DAKXXM

17,999

YES

3

Tumbler

199

TV

QA65S90DAKXXM

15,999

YES

3

Tumbler

199

TV

QA85LS03DAKXXM

19,799

YES

3

Music Frame

1,999

TV

QA75LS03DAKXXM

12,399

YES

3

Tumbler

199

TV

QA65LS03DAKXXM

8,399

YES

2

TV

UA98DU9000KXXM

23,999

YES

3

Music Frame

1,999

TV

UA85DU8000KXXM

8,999

YES

2

Tumbler

199

TV

UA85DU7000KXXM

8,299

YES

2

Tumbler

199

TV

UA75DU8000KXXM

5,199

YES

2

Tumbler

199

TV

QA55LS03DAKXXM

6,199

YES

2

TV

QA55Q70DAKXXM

4,999

YES

2

TV

QA85Q65DAKXXM

10,999

YES

3

TV

QA75Q65DAKXXM

6,999

YES

2

TV

QA65Q65DAKXXM

4,699

YES

2

TV

QA55Q65DAKXXM

3,699

YES

1

TV

QA65Q60DAKXXM

4,499

YES

2

TV

QA55Q60DAKXXM

3,699

YES

1

TV

QA50Q60DAKXXM

3,299

YES

1

TV

UA65DU8500KXXM

3,699

YES

1

TV

UA55DU8500KXXM

2,999

YES

1

TV

UA65DU8000KXXM

3,599

YES

1

TV

UA55DU8000KXXM

2,899

YES

1

TV

UA75DU7000KXXM

4,899

YES

1

Tumbler

199

TV

UA65DU7000KXXM

3,399

YES

1

TV

UA55DU7000KXXM

2,699

YES

1

TV

UA50DU7000KXXM

2,399

YES

1

TV

UA43DU7000KXXM

1,799

YES

1

APPENDIX 2

Category

Model Code

RRP (RM)

PWP Price (RM)

SmartThings (YES / NO)

AI Icon Point

Free Gift

Free Gift RRP (RM)

AV

HW-Q990D/XM

6,499

4,999

YES

2

Tumbler

199

AV

HW-Q930D/XM

4,999

3,699

YES

2

Tumbler

199

AV

HW-Q800D/XM

3,999

2,999

YES

2

AV

HW-Q700D/XM

2,999

2,299

YES

2

AV

HW-S801D/XM

2,999

2,699

YES

2

AV

MX-T70/XM

1,999

1,699

YES

2

AV

MX-ST50B/XM

1,699

1,299

YES

1

APPENDIX 3

Category

Model Code

Model

RRP (RM)

Promo Price (RM)

SmartThings (YES / NO)

AI Icon Point

Free Gift

Free Gift RRP (RM)

Refrigerator

RS62T5F01B4/ME

SBS

9,399

YES

3

Luggage

1,499

Refrigerator

RH62A50E16C/ME

SBS

6,599

NO

0

Luggage

1,499

Refrigerator

RF59CB0T08A/ME

FDR

7,999

YES

3

Luggage

1,499

Refrigerator

RF59CB0T03P/ME

FDR

7,999

YES

3

Luggage

1,499

Refrigerator

RS63R5591B4/ME

SBS

5,999

5,499

NO

0

Refrigerator

RS57DG4000B4ME

SBS

4,199

YES

2

Tumbler

199

Refrigerator

RF48A4000M9/ME

FDR

4,799

3,799

NO

0

Refrigerator

RF48A4000B4/ME

FDR

4,999

4,099

NO

0

Refrigerator

RB45DG600EB1ME

BMF

3,699

3,399

YES

2

Tumbler

199

Refrigerator

RB50DG632EB1ME

BMF

4,399

4,099

YES

2

Tumbler

199

Refrigerator

RT62K7005BS/ME

TMF

4,199

3,599

NO

0

Refrigerator

RT53DG7A64B1ME

TMF

3,699

YES

2

Tumbler

199

Refrigerator

RT47CB66448CME

TMF

3,399

YES

1

Tumbler

199

Refrigerator

RT47CB66448JME

TMF

3,399

YES

1

Tumbler

199

Refrigerator

RT47CB664422ME

TMF

3,399

YES

1

Tumbler

199

Refrigerator

RT47CB66448AME

TMF

3,399

YES

1

Tumbler

199

Refrigerator

RT42CB664412ME

TMF

3,199

YES

1

Refrigerator

RT42CB66443VME

TMF

3,199

YES

1

Refrigerator

RT42CB6644C3ME

TMF

3,199

YES

1

Refrigerator

RT42CB66443PME

TMF

3,199

YES

1

Refrigerator

RT38CB66448AME

TMF

3,199

YES

1

Refrigerator

RT47CG6444B1ME

TMF

3,199

2,899

NO

0

Refrigerator

RT42CG6444B1ME

TMF

2,999

2,699

NO

0

Refrigerator

RT38CG6444B1ME

TMF

2,799

2,499

NO

0

Refrigerator

RT35CG5442B1ME

TMF

2,599

2,149

NO

0

Refrigerator

RT31CG5022B1ME

TMF

2,399

1,999

NO

0

Washing Machine

WD21T6500GV/SP

Drum

7,999

YES

3

Luggage

1,499

Washing Machine

WD17T6300GP/SP

Drum

5,799

4,399

YES

2

Tumbler

199

Washing Machine

WD13BB944DGBFQ

Drum

5,699

YES

3

Tumbler

199

Washing Machine

WF24B9600KV/FQ

Drum

6,899

YES

3

Luggage

1,499

Washing Machine

WF17T6000GW/FQ

Drum

4,999

3,999

YES

2

Tumbler

199

Washing Machine

WW13BB944DGMFQ

Drum

4,799

YES

3

Tumbler

199

Washing Machine

WW13BB944DGBFQ

Drum

4,799

YES

3

Tumbler

199

Washing Machine

DF10A9500CG/FQ

Air Dresser

8,799

YES

3

Luggage

1,499

Washing Machine

DV90BB9440GMFQ

Dryer

4,499

YES

2

Tumbler

199

Washing Machine

DV10BB9440GBFQ

Dryer

4,699

YES

2

Tumbler

199

Washing Machine

DV17B9750CV/FQ

Dryer

7,499

YES

3

Luggage

1,499

Washing Machine

WD12DB8B85GBFQ

Drum

5,299

3,999

YES

3

Tumbler

199

Washing Machine

WD12DG5B15BBFQ

Drum

4,599

3,599

YES

0

Tumbler

199

Washing Machine

WA23A8377GV/FQ

Top Load

3,699

3,399

YES

2

Tumbler

199

Washing Machine

WA19CG6886BVFQ

Top Load

3,499

2,499

YES

1

Tumbler

199

Washing Machine

WA17CG6886BVFQ

Top Load

3,099

2,149

YES

1

Washing Machine

WA15CG5745BDFQ

Top Load

2,649

1,949

NO

0

Washing Machine

WA13CG5745BVFQ

Top Load

2,449

1,799

NO

0

Washing Machine

WA12CG5745BDFQ

Top Load

2,099

1,749

NO

0

Washing Machine

WA11CG5745BYFQ

Top Load

1,949

1,499

NO

0

Washing Machine

WW10T634DLH/FQ

Drum

3,449

YES

3

Tumbler

199

Washing Machine

DV90T6240LH/FQ

Dryer

3,999

YES

2

Tumbler

199

Washing Machine

WW10TP44DSX/FQ

Washer

3,899

YES

3

Tumbler

199

Washing Machine

DV90T8240SX/FQ

Dryer

4,199

YES

2

Tumbler

199

Washing Machine

WD25DB8995BZFQ

Drum

14,999

12,999

YES

6

Luggage

1,499

Air Conditioner

AR10BYEAAWKNME

WindFree

2,639

2,439

YES

1

Tumbler

199

Air Conditioner

AR13BYEAAWKNME

WindFree

2,939

2,739

YES

1

Tumbler

199

Air Conditioner

AR18BYEAAWKNME

WindFree

4,239

3,939

YES

2

Tumbler

199

Air Conditioner

AR24BYEAAWKNME

WindFree

4,839

4,439

YES

2

Tumbler

199

Air Conditioner

AR10BYFAMWKNME

WindFree

2,239

2,039

YES

1

Air Conditioner

AR13BYFAMWKNME

WindFree

2,539

2,339

YES

1

Air Conditioner

AR18BYFAMWKNME

WindFree

3,839

3,539

YES

2

Air Conditioner

AR24BYFAMWKNME

WindFree

4,339

4,039

YES

2

Air Purifier

AX46BG5000GSME

Air Purifier

2,199

1,999

YES

1

Tumbler

199

Vacuum

VS20B958F3B/ME

Stick

4,199

3,499

NO

0

Tumbler

199

Vacuum

VS20B95823W/ME

Stick

3,899

3,199

NO

0

Tumbler

199

Vacuum

VS20C852FTB/ME

Stick

2,899

2,249

NO

0

Vacuum

VS20B75AER4/ME

Stick

1,999

1,799

NO

0

Vacuum

VS15A60AGR5/ME

Stick

1,549

1,399

NO

0

Microwave Oven

MC35R8088LV/SM

Convection

1,959

1,899

NO

0

Tumbler

199

Microwave Oven

MC35R8088LC/SM

Convection

1,959

1,899

NO

0

Tumbler

199

Microwave Oven

MC28A5135KK/SM

Convection

1,199

NO

0

Microwave Oven

MG30T5018CV/SM

Grill

799

779

NO

0

Microwave Oven

MG30T5018CK/SM

Grill

799

779

NO

0

Microwave Oven

MG30T5018CP/SM

Grill

799

779

NO

0

Microwave Oven

MG23T5018CK/SM

Grill

639

619

NO

0

Microwave Oven

MG23T5018CP/SM

Grill

639

619

NO

0

Microwave Oven

MS32DG4504AGSM

Solo

699

649

NO

0

Microwave Oven

MS20A3010AL/SM

Solo

309

259

NO

0

APPENDIX 4

Category

Model Code

Combo

RRP (RM)

Promo Price (RM)

SmartThings (YES / NO)

AI Icon Point

Free Gift

Free Gift RRP (RM)

Washing Machine

WF24B9600KV/FQ

Washer + Dryer Set

6,899

12,999

YES

3

Luggage

1,499

Washing Machine

DV17B9750CV/FQ

7,499

3

Luggage

1,499

Washing Machine

WW13BB944DGMFQ

Washer + Dryer Set

4,799

7,499

YES

3

Tumbler

199

Washing Machine

DV90BB9440GMFQ

4,499

2

Tumbler

199

Washing Machine

WW13BB944DGBFQ

Washer + Dryer Set

4,799

7,599

YES

3

Tumbler

199

Washing Machine

DV10BB9440GBFQ

4,699

2

Tumbler

199

Washing Machine

WW10TP44DSX/FQ

Washer + Dryer Set

3,899

6,899

YES

3

Tumbler

199

Washing Machine

DV90T8240SX/FQ

4,199

2

Tumbler

199

Washing Machine

WW10T634DLH/FQ

Washer + Dryer Set

3,449

6,499

YES

3

Tumbler

199

Washing Machine

DV90T6240LH/FQ

3,999

2

Tumbler

199

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/samsung-year-end-promo-2024-big-savings-free-gifts-and-more-302298379.html

SOURCE Samsung Electronics

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Technology

STARTRADER Launches SKHY as SK Hynix Makes Its US Market Debut, Giving Clients Timely Access to a Key AI Memory Name

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SKHY gives clients direct exposure to a key supplier of high-bandwidth memory at the heart of the AI acceleration market.

DUBAI, UAE, July 23, 2026 /PRNewswire/ — STARTRADER today announced the launch of SK Hynix Inc. (SKHY) as a US Stock CFD on its trading platform, available from July 22, 2026. Moving swiftly following SK Hynix’s recent US listing, which raised approximately $26.5 billion, STARTRADER is ensuring clients can engage with this name at the earliest opportunity.

This is precisely the type of occasion STARTRADER builds its product strategy around. As significant names enter the US market and begin drawing institutional attention, STARTRADER moves decisively to ensure clients have access when it carries the most relevance. For a company of SK Hynix’s standing in the AI memory supply chain, its US debut represents exactly that kind of opportunity.

The decision reflects a product philosophy centred on anticipation. As the boundary between global and US-listed equities continues to narrow, STARTRADER intends to remain consistently at that intersection, connecting clients to names the global investment community is beginning to follow closely and providing the access needed to engage with both confidence and context.

“Clients who follow the AI infrastructure story understand that the opportunity runs through the entire supply chain, including the memory and bandwidth that make large-scale AI possible. SK Hynix’s arrival on the US market made this the right moment to act, and acting early on behalf of our clients is exactly what we intend to keep doing.”

Peter Karsten, Chief Executive Officer, STARTRADER

SKHY marks the latest addition in a product offering designed to keep clients directly connected to the names and sectors defining the next phase of global market development, with the breadth and precision to engage with structural investment themes as they take shape.

Trading CFDs involves a significant risk of loss and may not be suitable for all investors. Please ensure you fully understand the risks before trading.

About STARTRADER
STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STAR-APP, and STAR-COPY. Regulated infive jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

View original content to download multimedia:https://www.prnewswire.com/news-releases/startrader-launches-skhy-as-sk-hynix-makes-its-us-market-debut-giving-clients-timely-access-to-a-key-ai-memory-name-302833143.html

SOURCE STARTRADER

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FORD AND GEELY AUTO JOIN FORCES IN EUROPE TO PRODUCE NEXT-GENERATION MULTI-ENERGY VEHICLES IN SPAIN

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The global automakers plan to form a manufacturing joint venture at Ford’s Valencia, Spain, plant, combining scale and factory utilization, to build Ford and Geely vehiclesThe partnership, built on a foundation of trust and shared business principles, secures the future of the Valencia plant, provides long-term stability and creates the potential for future high-tech manufacturing job growthThe joint venture addresses the new realities of the European market — intense global competition, relentless cost pressure and tightening regulation — resetting Valencia to build at the industry’s emerging cost benchmarkThe Valencia plant will produce a new generation of low- and zero-emission vehicles for European markets, offering customers an outstanding technology experienceThe joint venture is expected to produce an all-new multi-energy crossover for Ford, in addition to a new member of the Bronco family, plus two electric Geely SUVs, with production starting in 2028. Kuga production continues uninterruptedThe collaboration accelerates Geely Auto’s European expansion, and supports Ford’s product offensive to bring five new passenger vehicles to European showrooms by 2029

VALENCIA, Spain, July 23, 2026 /PRNewswire/ — Ford Motor Company and Geely Automobile Holdings (hereafter “Geely Auto”) today announced an agreement to form a Europe-focused joint venture (JV) at Ford’s Valencia, Spain, manufacturing hub.

The new JV will manufacture Ford and Geely multi-energy passenger vehicles for the European market, driving greater choice and value for European drivers.

Europe is home to one of the fiercest competitive battles in the global automotive industry today. Tightening regulation, high operating costs and a new generation of global competitors have reset the industry’s benchmark for manufacturing cost, vehicle technology and software experience.

By pooling production volume, Ford and Geely will maximize the capacity of the Valencia plant, lower the cost of every vehicle built there, and compete at this emerging cost standard while delivering world-class multi-energy vehicles and strengthening the local Valencia economy in the process.

Pending regulatory approvals, the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028. The Valencia plant will continue to produce the Ford Kuga in the meantime.

“This JV with Ford in Europe reflects our commitment to open, collaborative product development as part of our growth strategy, deepening our local presence and commitment to customers in Europe”, said Alex Nan, Vice President of Geely Auto Group. “We are dedicated to delivering vehicles that European customers will choose on merit: on industry leading features, on high-quality and on actively contributing to Europe’s green future. Put simply: we are building cars in Europe, for Europe, alongside a trusted partner.”

Ford’s partnership with Geely is built on a foundation of trust and respect stretching back to 2010 when Ford sold Volvo Cars to Geely and watched it protect and revitalize the brand. Both companies share a commitment to quality, cost-efficient sourcing and continuous improvement, as well as a belief that customers should be able to choose their own path through the energy transition.

Transforming Valencia into a Powerhouse for Low-CO2 Mobility

The JV will transform Ford’s Valencia facility – already one of Europe’s most productive and advanced plants, with a potential annual capacity of about 500,000 vehicles – into a shared, high-tech manufacturing hub built to compete at the industry’s new global cost standard. The plant has been at the leading edge of the European market since it opened in 1976, when it built the original Ford Fiesta, Ford’s first global front-wheel-drive car, and a major success. Ford was the first non-Spanish automaker to build in Valencia, the start of a partnership with Spain and its people that remains as strong today.

Under the proposed ownership structure, Ford will own 66% of the new entity and Geely Auto 34%.

An Exciting Vehicle Lineup

“For nearly 50 years, Valencia has built some of the most-loved cars in our history, and now this team will help build our future”, said Jim Baumbick, President, Ford of Europe. ” That’s why we’re building a flexible, cost-effective industrial system with a capable partner in Geely Auto. Together we can fully utilize a best-in-class plant with a great workforce and match the industry’s new cost benchmark. This is all part of Ford’s vision to give European drivers rally-bred handling, true off-road capability and multi-energy technology, with a distinct Blue Oval DNA.”

The JV will combine the engineering, manufacturing and development know-how of two of the world’s leading automakers to build both Ford and Geely low- and zero-emission passenger vehicles. The cars will be tailored for European drivers and will offer them choice in powertrain technology, as well as outstanding digital experiences.

Ford Models:

The Popular Ford Kuga: Production of the Ford Kuga — one of Europe’s favorite plug-in hybrids — will continue uninterrupted in Valencia.A Rugged New Bronco: Valencia will also produce a new member of the global Bronco family – a tough, compact, adventure-ready SUV built for European roads, with production starting in 2028.An All-New Crossover: A multi-energy family crossover, designed by Ford and jointly developed with Geely will arrive in 2028. Engineered with Ford’s signature capabilities and driving dynamics, it is part of an aggressive product offensive that will bring five new multi-energy vehicles to Europe by 2029.

Geely Models:

Sleek Electric SUVs: Geely Auto plans to produce two electric SUVs at the Valencia facility in full support of their European focus and growth strategy. The first Geely-branded models to be manufactured under this joint venture are scheduled to roll off the production line in 2028.

The venture supports Geely Auto’s international expansion, following overseas sales of 474,228 vehicles in the first half of the year, while advancing Ford’s strategy of using partnerships to compete with speed, efficiency and scale in Europe.

“This partnership shows how automakers are strengthening Europe’s industrial base, but we can’t do it alone,” said Jim Baumbick. “What we’ve achieved in Valencia, with the ongoing support of Spain’s national and regional governments, is a masterclass in public-private partnership that sets the benchmark for the rest of Europe.”

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities, and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The company offers freedom of choice through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles (“EVs”) along with embedded software that defines always-on digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, the company provides financial services through Ford Motor Credit Company. Ford employs about 168,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.

About Geely Auto Group

Geely Auto Group is a leading global automotive company headquartered in Hangzhou, China. Part of Zhejiang Geely Holding Group, Geely Auto Group develops and manufactures passenger vehicles under the Geely, Lynk & Co, and Zeekr brands.

Geely Auto achieved cumulative sales of 3,024,567 units in 2025, exceeding the full-year sales target with a year-on-year growth of 39%. New energy vehicle (NEV) sales reached 1,687,767 units, a year-on-year increase of 90%.

With a strong focus on technology innovation, electrification, and sustainable mobility, Geely Auto Group operates world-class R&D centers and manufacturing facilities across China, Europe, and key international markets. The Group is committed to delivering safe, high-quality, and intelligent vehicles enabled by advanced technologies such as hybrid powertrains, full-electric architectures, smart connectivity, and autonomous driving systems.

As a global company, Geely Auto Group continues to expand its international presence through strategic partnerships, localized operations, and industry-leading platforms. Geely strives to create mobility solutions that are greener, smarter, and more accessible, driving forward the future of sustainable transportation.

Ford news releases, related materials, photos and video, visit From the Road, www.fordmedia.eu or www.media.ford.com.
Follow www.linkedin.com/company/ford-in-europe, www.youtube.com/FordNewsEurope, www.instagram.com/FordNewsEurope,
www.threads.net/@fordnewseurope and www.tiktok.com/@FordNewsEurope

 

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ford-and-geely-auto-join-forces-in-europe-to-produce-next-generation-multi-energy-vehicles-in-spain-302833121.html

SOURCE Ford

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K25.ai Secures Series A Investment with Strategic Support from Amber Group, Valuation Doubles to US$200 Million

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Series A follows K25.ai’s oversubscribed Pre-A round and accelerates its vision to make prediction markets native to live digital content

SINGAPORE, July 23, 2026 /PRNewswire/ — K25.ai, the AI-native prediction market transforming livestreams into real-time interactive markets, today announced the closing of its Series A investment round, with strategic support from Amber Group, at a post-money valuation of US$200 million, doubling the company’s valuation in under 60 days.

The Series A marks another major milestone for K25.ai as it builds a new category at the convergence of artificial intelligence, live digital content, creator economies and prediction markets.

K25.ai enables audiences to predict what happens next across live sports, esports, entertainment and creator content. Its proprietary AI infrastructure supports real-time market generation, content monitoring and outcome resolution, powering a seamless watch-to-predict experience.

The investment and strategic collaboration will accelerate K25.ai’s product development, global expansion, institutional liquidity infrastructure and creator ecosystem.

“We’re building the category where AI meets live content and real-money prediction. Amber Group’s backing — and the doubling of our valuation — confirms the market is ready. We’re moving fast,” said Andy Cheung, Founder and CEO of K25.ai.

Amber Group will support K25.ai across market infrastructure, liquidity strategy, ecosystem development and related digital asset expertise.

“K25.ai is creating a differentiated platform at the intersection of AI, real-time content and prediction markets,” said Haoyu, Portfolio Director of amber.ac. “We are excited to support its experienced team as it scales a new generation of interactive financial and entertainment experiences.”

The Series A follows K25.ai’s recently closed Pre-A round led by Nasdaq-listed NewGenIVF Group Limited (Nasdaq: NIVF). The Series A support from Amber Group doubles K25.ai’s valuation from its Pre-A round and adds a second institutional backer alongside NewGenIVF Group, extending K25.ai’s strategic support across both public markets and digital assets.

About K25.ai

K25.ai is an AI-native livestreaming prediction market transforming passive audiences into active participants. By combining live content, creator-led markets and AI-powered resolution, K25.ai is building the infrastructure for the next generation of interactive information markets.

About Amber Group

Amber Group is a global leader in digital assets, headquartered in Singapore. Amber Group is the parent company of Amber International Holding Limited (Nasdaq: AMBR), which operates as a separate publicly traded company. Since 2017, Amber Group has developed full-stack solutions that bridge traditional finance and digital assets, offering end-to-end services including wealth management, asset management, market making, advisory, investment, and infrastructure. These products and services are offered across various entities within Amber Group. Certain products, services, technologies, and initiatives described in this press release are developed or carried out by subsidiaries or affiliates of Amber Group other than Amber International Holding Limited, and are not necessarily conducted by or attributable to the listed entity.

Backed by top investors and equipped with deep expertise in both digital and traditional markets, Amber Group leverages AI, blockchain, and quantitative research to deliver personalized, cutting-edge solutions. The company focuses on servicing a diverse global clientele—comprising HNW individuals, institutions, funds, exchanges, and projects—to optimize returns safely across all market conditions.

Learn more at www.ambergroup.io.

Media and Investor Contacts

K25.ai Media Contact
media@k25.ai 

K25.ai Investor Relations Contact
ir@k25.ai 

K25.ai Partnership Contact
partnership@k25.ai 

View original content:https://www.prnewswire.com/news-releases/k25ai-secures-series-a-investment-with-strategic-support-from-amber-group-valuation-doubles-to-us200-million-302833151.html

SOURCE K25.ai

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