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Tencent Cloud Named as a Major Player in IDC MarketScape for Edge Delivery

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HONG KONG, Nov. 29, 2024 /PRNewswire/ — Tencent was recognized as a Major Player in the IDC MarketScape: Worldwide Edge Delivery Services 2024 Vendor Assessment (doc #US51812424, November 2024) report. Tencent Cloud, as a representative vendor, has made a strategic move with its integrated edge platform, EdgeOne, positioning itself to capitalize on opportunities presented by edge services.

Strategy- and technology-driven, a truly one-stop edge cloud security and acceleration platform

Tencent Cloud’s globally launched EdgeOne solution is a truly one-stop cloud security and acceleration platform. It continuously refines its advantages in edge acceleration and edge security capabilities, catering to the needs of developer communities, media, and other industries, thereby driving digital transformation and rapid business growth across various sectors.

Specifically, in terms of edge acceleration, EdgeOne optimizes HTTP/HTTPS, TCP/UDP network transmissions, and combines dynamic and static content to provide efficient acceleration services for a diverse range of business content in a simple and streamlined manner.

On edge security, EdgeOne offers comprehensive security protection capabilities such as DDoS/WAF/Bot/rate limiting through a distributed architecture, further democratizing security capabilities and providing users with normalized protection.

The report notes, “Tencent Cloud supports flexible pricing that includes free access for developers and basic, advanced, and custom models for enterprise customers.” To encourage more developers to participate, collaborate, and improve edge applications, EdgeOne has created the OpenEdge, an open co-creation technology platform for developers to build the next generation of edge AI Serverless applications. Additionally, in September of this year, the platform launched the “Pages” feature designed for modern web development, assisting developers in rapidly building and deploying static sites and serverless applications.

Furthermore, EdgeOne is actively integrating AI technology to develop AI@Edge capabilities. It supports enterprises in deploying computing resources at the edge, offer runtime environments for LLM training and inference, and enables AI applications for video and image generation and processing, as well as for AI-generated content storage and caching.

Top choice for enterprise global business development, with comprehensive industry services for gaming, e-commerce, media, etc.

While continuously refining its technology, EdgeOne is also actively implementing solutions across various industries. The report indicates that Tencent possesses extensive expertise in e-commerce, media, and gaming, with these market segments poised for good growth in the foreseeable future. At present, EdgeOne has already served top clients and typical scenarios in various industries globally, including gaming, e-commerce, media, and finance.

In the gaming sector, EdgeOne’s global nodes, combined with innovative architecture, have accelerated game server access by over 30%, improved download speeds for game developers by an average of 50%, and increased first-day user activity by 20%. Currently, EdgeOne has served over 500 gaming clients globally, providing services for Tencent’s self-developed strategic games like Honor of Kings international edition. Additionally, EdgeOne supports global operations for companies such as Kuro Games’s “Wuthering Waves” and BluePoch’s “Reverse 1999”, ensuring both security and performance.

In e-commerce, leveraging its highly scalable architecture and edge computing capabilities, EdgeOne can meet the customized configuration needs of cross-border e-commerce clients, supporting agile business iterations. Its integrated architecture of one-stop security acceleration ensures smooth website access, sustains high traffic volumes during major promotions, and provides comprehensive security protection, preventing fraudulent activities and malicious attacks.

Through Tencent’s deep expertise in the media sector, especially its networking and audio-video technologies accumulated over more than 20 years, EdgeOne further extends media capabilities to edge nodes and has launched the “Edge Media” section. It offers one-click configuration for audio-video on-demand scenarios, enhancing playback experiences through capabilities such as video preloading and chunk optimization. Additionally, it provides real-time transcoding, encryption, screenshot capabilities, enabling instant access to media processing results, reducing transcoding and storage costs, and enhancing efficiency for multimedia businesses.

The report noted Tencent’s strength as a growing global footprint beyond its domestic market. We believe EdgeOne has become one of the top choices for global business scenarios going overseas, and also a preferred option for international companies entering the Chinese market. In the international market, EdgeOne is highly recognized by customers, achieving deep coverage in Northeast Asia gaming markets with a coverage rate of 80% among the top 10 revenue-generating gaming companies in South Korea.

In addition to its rich industry experience, since its launch, EdgeOne’s technological and product capabilities have been highly recognized across various sectors. It has been selected as a representative vendor in Gartner’s “Market Guide for DDoS Mitigation Solutions”, “Market Guide for Cloud Web Application and API Protection”, and “Market Guide for Edge Distribution Platforms”. According to Omdia’s “DDoS Prevention Technology Market Tracker”, Tencent Cloud EdgeOne holds the top market share for DDoS solutions in the Asia-Pacific region.  In the evaluation of edge computing functions conducted by the China Academy of Information and Communications Technology (CAICT), EdgeOne has demonstrated superior performance compared to its competitors. Moreover, Tencent Cloud with its EdgeOne is the only vendor that fully meets the standards set by CAICT in terms of edge security acceleration capabilities, making EdgeOne the pioneering case study of CAICT’s edge computing. In collaboration with CAICT, Tencent Cloud has also fully engaged in the standard development process by jointly publishing a white paper on the Edge Serverless domain.

In the future, Tencent Cloud’s EdgeOne will continue to promote technological innovation and product optimization to meet the significant acceleration demand and security challenges faced by enterprises in the process of digital transformation in the global market. It aims to drive business innovation and enterprise development to a higher level in various industries.

Note:
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. The Capabilities score measures supplier product, go-to-market and business execution in the short-term. The Strategy score measures alignment of supplier strategies with customer requirements in a 3-5-year timeframe. Supplier market share is represented by the size of the icons.

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel and transportation.

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SOURCE Tencent Cloud

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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SOURCE InstaMall

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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