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Climate Change and the Shift to Cleaner Energy Push Southeast Asia to Finally Start Sharing Power

Power lines are seen near a power plant near Dengkil on the outskirt of Kuala Lumpur, Malaysia on 11 September 2023. (Photo: AP)

Hanoi, VIETNAM (AP) — The urgency for Southeast Asian nations to switch to clean energy to combat climate change is reinvigorating a 20-year-old plan for the region to share power.

Alibaba Cloud Launches Sustainability Web Application and Virtual Sign Language Interpreter for The Hangzhou Asian Games

The AI-powered tools aim to make the first Asian Games on the cloud more sustainable and inclusive

HANGZHOU, CHINA – Media OutReach – 28 September 2023 – In an effort to promote the sustainability and inclusiveness of the Asian Games and the Asian Paralympic Games in Hangzhou, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has launched a sustainability web application for athletes, journalists and staff members inside the three Asian Games villages to drive low-carbon behavior, as well as a virtual sign language interpreter to ensure individuals with hearing impairments could better participate in the Games.

“Cloud-based technology helps drive the sustainable and inclusive development of the Asian Games. We want to leverage the power of technology, in collaboration with our partners, to drive more individuals to participate in our efforts to make the Games greener and more accessible to all,” said Jingren Zhou, CTO of Alibaba Cloud Intelligence.

Interactive Web Application to Boost Eco-friendly Behaviors

To help the Hangzhou Asian Games honor its green mission, Alibaba Cloud has launched a sustainable lifestyle web application that helps participants of the Asian Games adopt low-carbon behaviors and reduce their carbon footprint through digital engagement.

The interactive web application rewards athletes, journalists and staff members of the Asian Games with carbon points for making eco-friendly lifestyle choices, such as taking public transport, waste recycling and reducing food waste. Across the Asian Games villages, participants can scan a QR code to record their low-carbon activities in the web application, ranging from opting out of using plastic bags at the supermarkets, to taking a photo of their clean plates at the dining hall in an effort to reduce food waste.

Behind the web application is a system that translates individual low-carbon activities into carbon points. Participants can accumulate the points and redeem for limited-edition Asian Games-themed pins and low-carbon products. The web application has attracted over 310,000 visits to participate in low-carbon activities across the Asian Games villages, and it has recorded over 7 tons of carbon reduction through the activities since the opening of the Asian Games villages on September 16.

“Alibaba Cloud has proven expertise in supporting organizations and sports events’ sustainability initiatives with digital technology. Through the innovative sustainable lifestyle web application, we want to encourage participants of the Asian Games to be more sustainable by recording their daily eco-friendly choices and helping them see the tangible impact of their choices,” said William Xiong, Vice President of Alibaba Cloud Intelligence and General Manager of Enterprise Service Cloud.

Alibaba Cloud tapped its AI-powered carbon management tool Energy Expert to measure and optimize the carbon footprint for the manufacturing of the Hangzhou Asian Games’ mascots. For example, according to the assessment from Energy Expert, one of the three mascots, Congcong, has a cradle-to-gate carbon footprint of 1.59 kg carbon dioxide equivalent (CO2e), with the emission from three major sources, including electricity use, packaging and raw materials.

By advising the factories to increase the use of solar power and adopt more eco-friendly designs, the sustainability platform helped slash the product’s carbon footprint by 0.15 kg CO2e per item.

To encourage a wider scale participation, Alibaba Cloud has partnered with 10 companies and brands, spanning across retail, transport to banking, to go sustainable inside the Asian Games villages. Its sustainability platform Energy Expert provided carbon footprint measurement, carbon neutrality calculation and certification services for the pin exchange center and low-carbon stores with energy-saving installations in one of the Asian Games villages.

As part of the sustainability initiatives during the Asian Games, Energy Expert helped Chinese dairy company Yili to identify the sources of the carbon emissions from its store at the Asian Games village and offered optimization plans for its electricity use to reduce its carbon footprint, including increasing the use of solar power and installing energy-saving lights and air-conditioner at the store. It also advised Yili to build a dedicated section for low-carbon products and roll out a recycling machine for milk cartons.

Digital Avatar to Facilitate Communication for Hearing-impaired Individuals

According to the World Health Organization (WHO[1]), currently more than 1.5 billion people (nearly 20% of the global population) live with hearing loss. To foster inclusivity at the Asian Paralympic Games to be held between October 22 to 28, Alibaba Cloud introduced its digital avatar, Xiaomo, serving as a sign language interpreter for individuals with hearing impairment.

The cloud pioneer integrates the digital avatar Xiaomo into a mini-app on payment platform Alipay. The mini-app supports two-way translation between sign language and Chinese spoken language. Users can input voice messages, which the virtual character will translate into sign language for hearing impaired individuals. Conversely, the mini-app can interpret sign language into spoken language, facilitating seamless communication between the hearing and hearing-impaired individuals.

Sign language, with its unique blend of gestures, expressions, and body movements, has its own phonetics, vocabulary, and grammar that differ from spoken language. To accommodate these complexities, Alibaba Cloud compiled a Chinese sign language translation dataset that contains 25,000 signs gathered and annotated from sign language practitioners and hearing-impaired people across the Zhejiang province in China.

Alibaba Cloud leveraged its advanced visual recognition algorithm and its motion tracking capabilities to capture the movements of the hearing impaired and translate sign language into natural language with a state-of-the-art language translation model. To convert natural language into sign language, Alibaba Cloud also developed a deep neural network and a lip movement generation module, enabling the virtual character to perform sign language gestures accurately.

“Through the integration of natural language processing, computer vision and machine learning technologies, we have developed a sign language translation system. This innovation aims to make the Asian Paralympic Games more inclusive and accessible to those with hearing loss,” said Matt Zhang, algorithm engineer at Alibaba Cloud.

The AI sign language interpreter, Xiaomo, was also incorporated into the news channel of the Asian Games to enhance the accessibility of its announcements. During the Asian Paralympic Games, Xiaomo can assist participants with hearing impairments in interacting with volunteers at the venues for various assistance, including asking for directions, seeking medical help, and getting assistance with game viewing.

Hashtag: #AlibabaCloud #AsianGames2023 #HangzhouAsianGames2023

The issuer is solely responsible for the content of this announcement.

About Alibaba Cloud

Established in 2009, Alibaba Cloud () is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. Alibaba maintained its position as the third leading public cloud IaaS service provider globally since 2018, according to IDC. Alibaba is the world’s third leading and Asia Pacific’s leading IaaS provider by revenue in U.S. dollars since 2018, according to Gartner.

Workato Automate Asia 2023 Shapes New Automation Mindset in Collaboration with Academia in Singapore, Focused on the Future of AI and Automation

The event will feature the launch of Workato CEO’s latest book, seamlessly integrated into local curriculum to empower the workforce with future-ready automation skills.

SINGAPORE – Media OutReach – 28 September 2023 – Workato, the leading AI-powered enterprise automation platform, announced that the groundbreaking new book, “The New Automation Mindset: The Leadership Blueprint for the Era of AI-For-All” authored by Vijay Tella, Workato co-founder and CEO, Massimo Pezzini, former Gartner analyst, and Scott Brinker, Vice President of Platform Ecosystem at HubSpot, will be integrated as part of the curriculum in several institutes of higher learning (IHLs) in Singapore, including Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic, Singapore University of Social Sciences, and Temasek Polytechnic. Recognizing the pivotal role automation plays in shaping the future workforce and building on the momentum of existing partnerships with institutes of IHLs in Singapore, Workato’s partnership with academic institutions aims to equip students with skills for in-demand careers in automation, ensuring they are well-prepared for the ever-evolving job landscape and the demands of an AI-driven world.

“Our partnership with industry leaders such as Workato represents our commitment to ensure our curriculum would be industry relevant and future ready, so as to empower both students and adult learners with skills and knowledge that align with current industry trends,” said David Pooi, Course Chair of Specialist Diploma in Enhanced Human Resource Skills at Singapore Polytechnic. “Amid a competitive global market, it is crucial that our graduates are not just academically proficient but also equipped with industry ready skills. Through such partnerships, our goal is to ensure that students not only find meaningful careers but also contribute to organizational success by unlocking unique value through the use of automation.”

“The New Automation Mindset” is currently on sale at Kinokuniya and provides invaluable insights on navigating the complex world of automation and technology in the age of artificial intelligence. The book will be formally launched at Automate Asia 2023, Workato’s third annual customer and partner conference and the first in-person Automate conference in Singapore. This event is held on October 3 at PARKROYAL COLLECTION Marina Bay.

Vijay Tella, co-founder, and CEO of Workato, said: “Last year, we introduced the idea of The New Automation Mindset, this end-to-end approach to automating at scale across the enterprise. Since then, The New Automation Mindset has evolved into a leadership blueprint for this era of AI-for-all.

“At this year’s Automate conference, we are thrilled to be bringing this new way of thinking about AI, Automation, and Integration to the main stage and learning directly from the people leading this movement. Automate 2023 will be a chance for us to put a focus on automation that helps innovate the future rather than automating the past.”

Automate Asia 2023 sets the stage for global leaders to discuss how their companies are approaching AI, Automation, and Integration and share stories around increasing organizational efficiency and agility, driving business impact across organizations, and more.

Automate will feature dozens of engaging sessions that will include customer case studies, panel discussions, product demos, and more. The sessions will include:

  • “The Future of Automation in Finance and Procurement” with:
    • Donald Bee, Director of Procurement at GoTo Group
    • Raymond Ong, Chief Finance Officer at MoneySmart
    • Vinu Rohit Krishnan, Head of Cloud Economics & CFO Advisory (ASEAN) at Amazon Web Services
    • June Lee, Vice President of Sales at Workato, Asia
  • “CIO Priorities Panel — Scaling Enterprise Automation in an Era of AI” with:
    • Alvin Lim, Chief Information Officer at Fullerton Health
    • Edwin Tan, Director, Data and Integration at Surbana Jurong Group
    • Harikrishnan Raguraman, Head Enterprise Technology at GXS Bank
    • Soobaek Jang, Chief Information Officer and Senior Vice President of Engineering at Wesang
    • Carter Busse, Chief Information Officer at Workato
  • “Building a Digital-first People Strategy for the Modern Enterprise” with:
    • Akarin Phureesitr, Chief People Officer at Central Pattana
    • Wendy Lim, Group Chief Operating Officer and Chief People Officer at Fullerton Health
    • Khoo Choon Yen, Director, Global People Operations and Technology at Workato
  • “Architecting the Enterprise of Today with Automation” with Alvin Pascual, Director of Enterprise Applications at Jollibee Worldwide Services.
  • “Transforming Healthcare Efficiency — Fullerton Health’s Automation Journey to Streamlined Business Operations” with Dr. Ethan Lim, Head, Clinical Strategy & Partnerships at Fullerton Health.

The event also features a panel, “The New Automation Mindset — Automation in a time of complexity and AI”, moderated by Grace Chng, Strategic Advisor and Editor-in-Chief of DeepTech Times. Panelists include:

  • Carter Busse, Chief Information Officer at Workato
  • Daniel Gericke, Automation Evangelist and Director at DNG Partners
  • Luiz Enriquez, Group Chief Technology Officer at Zuellig Pharmaceutical
  • Miguel Ho, Head of Process Automation at NTUC Enterprise Nexus Co-operative Limited

“Business leaders in Asia Pacific are recognizing the use of AI as a strategic imperative to stay ahead amid challenging economic conditions and fears of a recession,” said Amlan Debnath, Managing Director for Workato Asia Pacific & Japan. “The massive productivity, efficiencies, and innovations AI can bring to businesses are only limited by the scale with which companies adopt it. We’re thrilled by the opportunities that lie ahead, to see what can be achieved by the next generation workforce working in concert with the industry, united by the new automation mindset and the possibilities unleashed by emerging technologies like GenAI.”

For the full agenda of the in-person event in Singapore, please visit events.bizzabo.com/automate-2023-singapore/home.Hashtag: #Workato #Automation #Integration #AI #Digitalisation

The issuer is solely responsible for the content of this announcement.

About Workato

The leader in enterprise automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for Business and IT users, Workato is trusted by over 11,000 of the world’s top brands like Broadcom, Intuit, Box, Autodesk, and HubSpot. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures. For more information, visit or connect with us on social media:

Lao PM Urges Boten SEZ to Improve Infrastructure and Attract More Tourists

Lao Prime Minister Sonexay Siphandone met with operators of the Boten Special Economic Zone (SEZ) in northern Laos' Luang Namtha province to discuss tourism preparations. (Photo: Lao Security News)

Lao Prime Minister Sonexay Siphandone has met with operators of the Boten Special Economic Zone (SEZ) in northern Laos’ Luang Namtha province to discuss tourism-related preparations for Laos’ chairmanship of ASEAN and Visit Laos Year 2024.

Inaugural Medical Research Fund Launched by Tanoto Foundation to Drive Research into Range of Diseases Prevalent in Singapore

  • New fund to support research into cardiology, maternal and child health, diabetes, oncology, infectious diseases
  • Up to S$5 million per year set to be distributed to a range of medical research projects

SINGAPORE – Media OutReach – 28 September 2023 – Tanoto Foundation has today announced the launch of a new Medical Research Fund that will provide up to S$5 million per year in funding to support research into a range of diseases that are prevalent in Singapore, in the areas of cardiology, maternal and child health, diabetes, oncology and infectious diseases.

The Fund will prioritise research projects in the cardiology and maternal and child health areas in its first year of operation. Projects will be selected based on a number of specific criteria and will be reviewed and assessed by an external advisory panel comprised of clinical experts and medical professionals.

The clinical areas were selected based on their impact on local populations in Singapore and the wider region – e.g.: about one in three deaths in Singapore is due to heart disease or stroke and it is estimated that the number of people living with cancer will continue to increase, while improving maternal and newborn health remains a key focus of public policy in Singapore and in other countries in the region.

Belinda Tanoto, Member of the Board of Trustees, Tanoto Foundation, said: “We have set up this Fund as a way to consolidate our support for medical research. The Fund will focus on these five clinical areas, which affect the lives of thousands of people in Singapore and Asia”.

“We aim to support research projects that are first in their field and game-changing, potentially addressing healthcare concerns for diseases common in Singapore and the region, and to cultivate local research talent. In addition, we also aim to attract additional funding into medical research initiatives here in Singapore and in neighbouring countries,” said Ms. Tanoto.

The criteria which will be used to evaluate proposals submitted to the Fund include the following:

  • Potential for impact: potential to improve health outcomes, clinical practices and technical capabilities leading to clinical translation and innovation.
  • Robustness of approach: relevance and robustness of strategy, methodology and analyses to accomplish project aims and impact outcomes.
  • Track record of study team: the excellence and accomplishments of the study team and potential/plan for talent development.
  • Strength of collaboration: the collaborative effort of multi-disciplinary teams, ideally involving cross collaboration across Singapore healthcare clusters.

The new Fund, which is the first of its kind to be set up by a private philanthropic organisation in Singapore, will build on Tanoto Foundation’s existing support for medical research in Singapore. Since 2009, the Foundation has given more than S$20 million to support various medical research and healthcare programmes in Singapore.

The Foundation has partnered with SingHealth Duke-NUS Academic Medical Centre to establish Professorships and research initiatives in the areas of diabetes, medical oncology and cardiovascular medicine. Also, last year, in line with nationwide efforts to combat diabetes, Tanoto Foundation joined forces with the National Healthcare Group to set up a diabetes reversal programme in Singapore.

The Fund is also designed to encourage collaboration between medical institutions and to take advantage of Singapore’s standing as a regional hub for medical research.

“The Fund is not just focused on providing monetary support but encouraging collaboration between people, ideas and networks. We also want to strengthen Singapore’s medical research ecosystem by promoting research excellence and better healthcare here and in the wider region. In recent years, Singapore has been able to attract world renowned scientists and healthcare talent and is uniquely positioned to serve as a medical research hub for Asia,” said Ms. Tanoto.

Hashtag: #TanotoFoundation

The issuer is solely responsible for the content of this announcement.

About Tanoto Foundation

Tanoto Foundation is an independent philanthropic organisation founded in 1981 by Sukanto Tanoto and Tinah Bingei Tanoto based on the belief that every person should have the opportunity to realise his or her full potential. Tanoto Foundation programmes stem from the belief that quality education accelerates equal opportunity. We harness the transformative strength of education to realise people’s full potential and improve lives. Tanoto Foundation focuses on making an impact in three main areas: improving learning environments, future leader’s development, as well as medical research and sciences. More information is available at .

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Shift4 Payments, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – FOUR

New York, New York – Newsfile Corp. – September 27, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Shift4 Payments, Inc. (NYSE: FOUR) between November 10, 2021 and April 18, 2023, both dates inclusive (the “Class Period”), of the important October 19, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Shift4 securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Shift4 class action, go to https://rosenlegal.com/submit-form/?case_id=18626 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 19, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (2) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (3) accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements; (4) Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company’s performance, its underlying business quality, and its earnings power; (5) all the foregoing, once revealed, was likely to negatively impact Shift4’s reputation and business; and (6) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Shift4 class action, go to https://rosenlegal.com/submit-form/?case_id=18626 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

Silk Road Connects the World, Light and Shadow Shine for Ten Years. The 10th Silk Road International Film Festival Opens in Fuzhou.

FUZHOU, CHINA – Media OutReach – 27 September 2023 – The opening ceremony of the 10th Silk Road International Film Festival was held in Fuzhou, Fujian Province on the evening of September 25.

The Silk Road connects the world, light and shadow shine for ten years. 2023 marks the tenth anniversary of the Belt and Road Initiative (BRI) and the Silk Road International Film Festival. The film festival will highlight the theme of the “10th anniversary,” being committed to “Sharing Silk Road Stories in Collaboration with Partners from across the Globe,” telling the stories of the BRI and integration of civilizations with lens and images, and striving to create a grand event for global film and cultural exchange.

During the festival, nine main activities will be held, including the Golden Silk Road Awards, the “Decade of Silk Road, Blessed Movie” film achievement exhibition, a BRI national film exhibition, a film panorama, a film forum, and film market, and more. Among them, the BRI national film exhibition has invited countries and regions involved in the BRI to participate and build an international exchange platform that will effectively promote cultural exchanges and industrial cooperation in the film and television industry. The “Blessed Movie Echoed on Silk Road in Fujian and Shaanxi” activity vividly showcases the cultural achievements on brilliant Silk Road civilizations and films in Fuzhou and Xi’an.

Compared with previous film festivals, this year’s film festival has four highlights:

First, this festival highlights the theme of the “10th anniversary.” It will hold a series of activities centered around the theme, including the “Decade of Silk Road, Blessed Movie” exhibition, the “Blessed Movie Echoed on Silk Road in Fujian and Shaanxi” activity. With films as a bond, it systematically summarizes its glorious journey over the past decade to promote cultural cooperation, and development and inheritance of the Silk Road civilization, and vividly showcases the cultural achievements on brilliant Silk Road civilizations and films in Fuzhou and Xi’an.

Second, this festival focuses on the establishment of an international exchange platform. More than 140 foreign guests from 40 countries and 10 international sister cities (based on the actual situation on site) attended the festival. The Golden Silk Road Awards have received about 500 submissions from 84 countries and regions, among which 140 films will be selected for re-evaluation by the jury and shortlisted for ten Golden Silk Road Awards, including Best Film, Best Director, and Best Documentary Film. Besides, a BRI national film exhibition will be held, inviting countries and regions involved in the BRI to participate and promote cultural exchanges and industrial cooperation in the film and television industry.

Third, the festival strives to create a film feast for the people. It will adhere to the principle of putting people at the center, and closely align with the needs of the masses in event planning, film screenings, and other aspects, making every effort to create a feast of films and a festival for the people. With Fuzhou Strait Olympic Sports Center and Minyue River Town as main venues, and historical and cultural blocks such as the Three Lanes and Seven Alleys and Liangcuo as supporting venues, the city-wide film carnival consists of a series of dream-building themed cultural activities for the people, including a film culture fair, a film costume and prop exhibition, immersive performances, and a light and shadow show, creating a strong atmosphere of full participation and shared enjoyment for all.

Fourth, the festival will boost development driven by industrialization. It will help gather momentum and promote industrial development. By pooling superior resources at home and abroad, it will carefully organize the main forum on film exchange and cooperation among countries and regions along the Belt and Road, and two sub-forums on film investment and financing, and the integrated development of films and tourism along the Belt and Road. It will also hold six themed activities, including a project launch and investment conference, an international film screening, the Belt and Road film and tourism industry alliance, a youth film festival, the “Film and City,” and a themed night market. The festival will spare no effort in building a professional platform for film transactions, a main base for cultural exchanges, and an incubator for industrial projects, and cultivating a more promising market for the development of the film and television industry.

The 10th Silk Road International Film Festival will conclude on September 27 and the results of the Golden Silk Road Awards will be announced at that time.

The issuer is solely responsible for the content of this announcement.

Marketplacer Available On commercetools Connect

Marketplacer Will Be The First Marketplace Platform To Join Best-in-Breed Ecosystem

Denver – News Direct – 27 September 2023 – Marketplacer, a global technology platform that enables brands, retailers, suppliers, communities and innovators to build and grow successful online marketplaces at scale, today announced that it has been selected to be among the first connectors into the new commercetools integration framework, Connect, alongside other best-in-breed technology providers.

This new partnership centers around a pre-built Marketplacer Connector for commercetools that customers can download to quickly and easily integrate Marketplacer’s 3rd-party marketplace technology into the commercetools platform.

Switching on the Marketplacer connector in their commercetools environment gives enterprise customers the ability to streamline the process of launching a marketplace, which, in turn, enables them to accelerate and scale their 3rd-party product strategy, start tracking revenue growth and measure business impact much faster.

In addition, the new Connect product enables commercetools customers to link 3rd-party sellers from the Marketplacer platform into their ecosystem. This allows customers to share data such as product updates, seller information and alerts in real time. As a result, customers can launch their marketplace faster, at scale, and at a lower cost, resulting in an enhanced customer experience.

“We’re honored to be the first and preferred marketplace partner to be part of the new commercetools integration framework, Connect,” said Jason Wyatt, CEO and co-founder of Marketplacer. “This partnership will radically accelerate commercetools’ customers’ ability to enable range extension or curated marketplace capabilities, deliver them faster and still be able to take advantage of all of the flexibility of the commercetools platform.”

More About commercetools Connect:

In addition to accelerating time-to-market, commercetools Connect offers:

  • A curated set of pre-built, commercetools-certified connectors that provide out-of-the-box integrations between products;
  • A run-time environment for connectors, managed by commercetools as part of its infrastructure and provided as a paid service to customers; and,
  • The same run-time environment to build proprietary connectors by and for customers.

“Marketplacer is a great fit for commercetools Connect and we appreciate their investment in our shared customers,” said commercetools Chief Product Officer Mike Sharp. “Naturally, we are selective about the technology partners with whom we choose to go-to-market. We value the partnership we have with Marketplacer and commend them on their strong customer growth.”

Additional Benefits of the Marketplace Connector for commercetools

  • The ability to create and promote products on commercetools Frontend, increasing visibility and sales potential;
  • Improved workflow efficiency with a single source of truth for products, sellers and advertisers; and,
  • Alignment with key principles of the MACH® alliance, ensuring a high level of control and agility.

Hear more about the Marketplacer/commercetools Connect solution at the E-Commerce Expo in London, Sept. 27-28, stand F10.

About Marketplacer
Marketplacer is a global technology Software as a Service (SaaS) platform equipped with all the tools and functionality needed to build successful and scalable online marketplaces, at speed. To date, Marketplacer has helped build and deploy over 100 Marketplaces connecting over 13,000 businesses worldwide. The Marketplacer platform exists to make growth simple, from implementing marketplace strategies such as shipment from drop-ship sellers, adding new categories or third-party range extension, through to consolidating markets and rolling out modern revenue models such as recurring memberships that allow businesses to grow faster and beyond the constraints of capital inventory.

Born and bred from the award-winning BikeExchange, the biggest online marketplace for anything and everything bike, founders Jason Wyatt and Sam Salter saw the opportunity to license the online software platform and apply it to new marketplaces. Marketplacer is responsible for the creation of online e-commerce solutions and business transformations of companies around the world. Visit marketplacer.com for more information.

About commercetools
commercetools is the leading composable commerce platform, allowing companies to dynamically tailor and scale shopping experiences across markets. We equip some of the world’s largest businesses with tools to future-proof digital offerings, reduce risks and costs, and build outstanding experiences that drive revenue growth.

Headquartered in Munich, commercetools has led a global renaissance in digital commerce by combining cloud-native, technology-agnostic, independent components into a unique system that addresses specific business needs. We empower brands – including Audi, Danone, Eurorail, NBCUniversal, Sephora and Volkswagen Group – to stay ahead of changing consumer and buyer behavior. To learn more, visit commercetools.com.

Contact Details

Michael Herrera
michael.herrera@marketplacer.com

Company Website

https://www.marketplacer.com/

Hashtag: #Marketplacer

The issuer is solely responsible for the content of this announcement.