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TerraPay Launches Xend – A Global Payments Interoperability Network to Power Borderless Payments for Billions of Wallet Users

DUBAI, UAE, Nov. 24, 2025 /PRNewswire/ — TerraPay, a leading global money movement company, today announced the launch of Xend, a first-of-its-kind Payments Interoperability Network designed to unify the fragmented world of wallets, banks, and cards into one seamless, borderless financial ecosystem.

Xend Partner Meet 2025, Dubai
Xend Partner Meet 2025, Dubai

Xend serves as a universal infrastructure layer, enabling wallet users to transact with 11,500 banks via the Swift network and access 150 million acceptance locations, all from their existing wallet apps. TerraPay’s collaboration with inclusion-led partners like Swift, powers Xend to unlock seamless global interoperability – allowing wallet users to receive funds from any bank worldwide and make payments across extensive merchant networks.

The Xend network, that is already live with over 200 million wallet users through leading global wallet players demonstrates its ability to scale rapidly to its existing 3.7 billion wallet endpoints, delivering real-time access to global banks, merchants, and other wallets.

The launch event in Dubai convened global payment leaders, mobile money providers, and digital wallet innovators, marking a pivotal moment in financial infrastructure. Xend is the first network to deliver universal payments interoperability – connecting wallets not only to each other, but to the formal financial system at scale.

“In mobile networks, roaming transformed how people connected, it made communication borderless. With Xend, we’re bringing that same freedom to money movement,” said Ambar Sur, Founder & CEO, TerraPay. “We want every wallet to roam globally, just like mobile phones do, to pay, receive, and spend anywhere, without friction or boundaries. By partnering with Swift, we’re building a truly open and interoperable financial fabric that connects the digital economy to the formal financial system – at scale.”

“Swift has long championed interoperability as a cornerstone of global financial connectivity,” said Juan Martinez, Global Head of Payments Services, Swift. “Working with TerraPay aligns with our mission to enable instant, secure, and inclusive cross-border transactions, bringing the power of the Swift network to millions of wallet users worldwide.”

Xend unlocks global utility, enabling wallet users to receive money from any bank in the world, pay at online and retail merchants across the globe, and send money to other wallets internationally. This transforms domestic wallets and super-apps into globally connected financial instruments, without requiring new infrastructure or bilateral integrations.

Through this collaboration, wallet providers on the Xend network can offer their users instant, compliant, and interoperable payments across banks, cards, and wallets – bridging the gap between traditional finance and the digital economy.

About TerraPay

TerraPay simplifies global money movement, providing a single connection to one of the most expansive cross-border payment networks, regulated across multiple markets. Our network enables payments to receiving and sending countries worldwide, reaching a vast network of mobile wallets, bank accounts, and cards.

On a mission to create a borderless financial world, TerraPay makes money transfers instant, reliable, transparent, and fully compliant for its partners, connecting them to 3.7Bn+ mobile wallets, 7.5Bn+ bank accounts, in over 150+ countries. We work behind the scenes as the trusted partners for some of the world’s most innovative financial players, from banks and digital wallets to MTOs, merchants and fintech platforms.

Since its founding, TerraPay has built a global interoperable wallet network that advances financial inclusion, even in hard-to-reach markets. TerraPay is headquartered in London, with offices in cities including Bangalore, Dubai, Bogotá, Dares Salaam, Kampala, and Singapore.

 

Model ML raises $75M In One of The Largest FinTech Series A Rounds In History to Transform Financial Services with AI Workflow Automation

NEW YORK, Nov. 24, 2025 /PRNewswire/ — Model ML, the leading global AI workflow automation platform for financial services, today announced a $75 million Series A financing led by FT Partners, the global leader in FinTech investment banking. The round also includes significant participation from Y Combinator, QED, 13Books, Latitude and LocalGlobe, and comes just six months after the company’s seed raise, led by LocalGlobe, and only twelve months after its launch.

“We’re thrilled to announce this round with such an exceptional group of investors as we continue our mission to transform how financial institutions work. This financing enables us to accelerate global expansion and advance our AI capabilities across key financial hubs as we scale to meet rapidly growing enterprise demand,” said Chaz Englander, CEO of Model ML. “We couldn’t imagine a better strategic partner for us than FT Partners – Steve McLaughlin and his team have long been pioneers in leveraging data and technology in investment banking, and our tight collaboration will show how AI can redefine the entire financial advisory workflow.”

“Model ML is setting a new standard for how financial institutions leverage AI to achieve superior client results,” said Steve McLaughlin, Founder & CEO of FT Partners. “While we expect significant efficiency gains, the true power of Model ML lies in the insights it will unlock for our clients, investors, and the broader FinTech ecosystem. We believe Model ML will fuel the next evolution of world-class service for our clients and transparency across all stakeholders in transactions.”

Addressing a Critical Market Need

Founded by brothers and repeat entrepreneurs Chaz and Arnie Englander, Model ML enables financial teams to build AI workflows that automate client-ready Word, PowerPoint, and Excel outputs directly from trusted data, in exact prior formats. This capability is applicable across entire organizations, driving group-wide deployments. It is now in use at several of the world’s largest banks, asset managers and consultancies, including two of the Big Four accounting firms.

High-stakes deliverables like pitch decks, investment memos, and diligence reports are still built through slow, manual processes that strain teams and stall business momentum. Entire deal teams across all levels of seniority lose time formatting outputs and chasing down inconsistencies across Word, Excel, and PowerPoint. These inefficiencies introduce reputational risk and slow decisions.

That’s the gap Model ML is built to close. Model ML’s agent workflows go far beyond simple data retrieval and chat interface flows. They interpret schemas, reason across multiple sources, write the code needed to extract or transform data, and generate finished, branded outputs—long PowerPoint decks, research reports, investment memos—with verification built in.

Model ML’s verification capabilities are a big differentiator. The company recently ran a verification workflow, testing the AI against consultants from McKinsey and Bain on real Word and PowerPoint outputs. The consultants took over an hour to complete the task. Model ML did it in under three minutes and still caught more errors. In other words, it wasn’t just 20x faster; it was more accurate.

Chaz continued, “High-stakes business runs on documents: pitch decks, diligence summaries, investment memos. But most firms still build them the hard way. Analysts spend entire weekends cross-checking numbers and formatting slides. Despite all that effort, mistakes still slip through because no one can realistically verify every data point in a 100-page deliverable. That’s why we built Model ML. Our agents reason across data sources, write the code to extract and transform what’s needed, and generate finished, branded outputs with verification built in. We’re eliminating the grunt work so teams can focus on the analysis that actually matters.”

Industry-Leading Advisors

Model ML is guided by a prestigious advisory board including:

  • Sir Noel Quinn (Former CEO, HSBC)
  • Axel Weber (Former Chairman, UBS)
  • Saul Nathan (Former Chairman, Capital Markets, Morgan Stanley)
  • Jeff McDermott (Former Global Co-Head of Investment Banking, UBS and Nomura)
  • Philip Rickenbacher (Former CEO, Julius Baer)
  • Keith Robinson (Chairman, Tech IB, Barclays EMEA; Ex-Chief Strategy Officer @ Sage)

“Model ML is creating the blueprint for how modern financial services firms will operate,” said Axel A. Weber, Former Chairman, UBS. “In today’s world, precision and speed are essential, reputation and innovation are a must. Model ML delivers this at scale.”

“Model ML is creating something remarkable that will transform financial services entirely,” Sir Noel Quinn, Former Group CEO at HSBC. “By seamlessly integrating an intuitive, user-friendly interface with cutting-edge AI, Model ML is empowering financial professionals to work smarter, extract deeper insights, and enhance efficiency.”

“Model ML has moved faster than almost any company we’ve seen,” Colin Evans, OpenAI “Their acute product–market fit, relentless product focus, and genuine care for their customers are setting them apart. They’re consistently pushing the boundaries of what’s possible with LLMs—and showing the world what AI in financial services can truly look like.”

Customer Traction

In less than a year, Model ML has grown its customer base to include several of the largest investment banks, asset managers, and consultants in the world.

“Model ML has been a bit of a game changer for us,” Fiona Satchell, Senior Managing Director, Three Hills Capital. “From automating monthly portfolio reporting updates to generating initial drafts of our investment memos, it has streamlined critical processes across the team. By removing much of the manual, repetitive work, it has freed our teams to dedicate more time to value-added analysis, sharper investment insights, and driving stronger outcomes across our portfolio.”

Big 4, Deal Advisory “Model ML is generating a lot of excitement in our team. Over my 25-year career, I’ve seen teams spend hours on repetitive tasks and fixing errors in client-deliverable decks. Model ML is enabling us to dramatically reduce the level of effort required to check deliverables, helping save much-needed time for our teams. Beyond the product, their flexible approach to developing a solution that works for us makes them incredibly easy to work with.

Big 4, Deal Advisory “We’ve been blown away by Model ML’s capabilities and their team. Their AI modules have not only freed up over 90% capacity during review and prep stages for our teams, but they’ve also demonstrated how they can achieve the same outputs with higher accuracy than if we performed the workflows manually. We know this is a crowded space, and we spent months doing our due diligence. We’re confident Model ML is the right team for our needs.”

Use of Investment Proceeds

This new financing will be used to accelerate global expansion and deepen AI capabilities across key financial hubs. The company will build out dedicated onboarding and customer success teams in San Francisco, New York, London, and Hong Kong to support rapid enterprise adoption.

In parallel, Model ML will scale its AI engineering and infrastructure teams in New York and London, focusing on advancing its proprietary agentic systems and workflow automation modules. These investments will ensure seamless deployment, integration, and scaling for the firm’s growing roster of global banking, private equity, and consulting clients.

About Model ML

Model ML is the AI workflow builder for financial services. It enables teams to build AI Modules that automate client-ready Word, PowerPoint, and Excel outputs directly from trusted data, in exact prior formats. Founded by brothers and repeat entrepreneurs Chaz and Arnie Englander, the company is guided by a world-class advisory board and is already working with some of the largest financial institutions globally.

About FT Partners

Financial Technology Partners and its affiliates (FT Partners) is the leading global investment bank focused exclusively on FinTech, providing world-class strategic and financial advisory services to CEOs, founders, and investors across the global FinTech landscape. Headquartered in San Francisco with offices in New York and London, the firm has advised on many of the most significant transactions in FinTech.

Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, Elected President of the 21st UNIDO General Conference

RIYADH, Saudi Arabia, Nov. 24, 2025 /PRNewswire/ — His Excellency Bandar bin Ibrahim Alkhorayef, Minister of Industry and Mineral Resources, was formally appointed President of the 21st UNIDO General Conference during its opening ceremony in Riyadh. The appointment reflects the Kingdom’s increasingly influential role in directing the global industrial development agenda.

H.E. Bandar bin Ibrahim Alkhorayef, newly elected President of the 21st UNIDO General Conference
H.E. Bandar bin Ibrahim Alkhorayef, newly elected President of the 21st UNIDO General Conference

The presidency was confirmed through the general conference, demonstrating strong international consensus for Minister Alkhorayef’s leadership. The outgoing president officially recognized the decision, declaring to the conference: “Distinguished delegates, we will now proceed to elect a President for the twenty-first session of the General Conference. I hereby put forward His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia. It is my pleasure to declare His Excellency Minister Alkhorayef elected by affirmation.”

Accepting the role, Minister Alkhorayef emphasized the critical importance of partnership and innovation in shaping industry’s future: “I am deeply honored by the confidence placed in me to serve as President of the twenty-first session of the UNIDO General Conference. I accept this responsibility with a firm commitment to strengthening global industrial cooperation, advancing inclusive and sustainable development, and ensuring that our collective work delivers real impact for all Member States. Together, we will build on the momentum of this session and shape a future where industrial progress supports prosperity, resilience, and opportunity across every region.”

As President, Minister Alkhorayef is now tasked with steering high-level negotiations to a successful conclusion at GC21 and ensuring the Riyadh Declaration’s objectives are translated into actionable outcomes. His role is to build consensus among Member States on critical issues, from sustainable supply chains to AI governance in industry. This leadership position climaxes with the responsibility to oversee the smooth handover of the presidency at the next General Conference, ensuring the continuity of UNIDO’s strategic agenda beyond the Riyadh session.

For more information, please contact:
Ahmed Mansour
M +966 54 186 9849
E ahmed.mansour@omc.com 

 

 

Kelun-Biotech Announces Phase III Trial of Sac-TMT in Combination with KEYTRUDA® (pembrolizumab) as First-Line Treatment for PD-L1-Positive NSCLC Met Primary Endpoint

CHENGDU, China, Nov. 24, 2025 /PRNewswire/ — Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. (the “Company”, 6990.HK) announced today that the Independent Data Monitoring Committee (IDMC) concluded that the Phase III clinical study (OptiTROP-Lung05) of the company’s TROP2 ADC sacituzumab tirumotecan (sac-TMT, also known as SKB264/MK-2870), in combination with MSD’s anti-PD-1 therapy KEYTRUDA®[1] (pembrolizumab), as a first-line treatment for PD-L1-positive advanced non-small cell lung cancer (NSCLC), has demonstrated a statistically significant and clinically meaningful improvement in progression-free survival (PFS), the study’s primary endpoint. A positive trend in overall survival was also observed. This is the first Phase III clinical trial of ADC combined with immune checkpoint inhibitor to achieve its primary endpoint in the first-line treatment of NSCLC.

OptiTROP-Lung05 is a randomized, open-label, multicenter Phase III clinical study evaluating the efficacy and safety profile of sac-TMT in combination with pembrolizumab versus pembrolizumab monotherapy as first-line treatment of patients with PD-L1-positive locally advanced or metastatic NSCLC with PD-L1 TPS ≥ 1%. At a pre-specified interim analysis, the sac-TMT combination therapy demonstrated a statistically significant and clinically meaningful improvement in PFS. Based on the results from the interim analysis, the Company plans to communicate with the Center for Drug Evaluation (CDE) of the National Medical Products Administration of China regarding the submission of a supplemental new drug application (sNDA) of sac-TMT.

Sac-TMT is already approved in China for the treatment of EGFR-mutant NSCLC in the second-line and later settings and has achieved dual benefits in PFS and overall survival (OS) in the EGFR-TKI-resistant lung cancer population, making it the first ADC to show statistically significant and clinically meaningful improvements in both PFS and OS compared to platinum doublet chemotherapy. These research findings have been published in internationally renowned journals, The New England Journal of Medicine and The BMJ.

Sac-TMT is currently being evaluated in ten registrational studies in lung cancer, including five registrational studies in China and five global multicenter Phase III studies.

About sac-TMT

Sac-TMT, a core product of the Company, is a novel human TROP2 ADC in which the Company has proprietary intellectual property rights, targeting advanced solid tumors such as NSCLC, BC, GC, gynecological tumors, among others. Sac-TMT is developed with a novel linker to conjugate the payload, a belotecan-derivative topoisomerase I inhibitor with a drug-to-antibody-ratio (DAR) of 7.4. Sac-TMT specifically recognizes TROP2 on the surface of tumor cells by recombinant anti-TROP2 humanized monoclonal antibodies, which is then endocytosed by tumor cells and releases the payload KL610023 intracellularly. KL610023, as a topoisomerase I inhibitor, induces DNA damage to tumor cells, which in turn leads to cell-cycle arrest and apoptosis. In addition, it also releases KL610023 in the tumor microenvironment. Given that KL610023 is membrane permeable, it can enable a bystander effect, or in other words kill adjacent tumor cells.

In May 2022, the Company licensed the exclusive rights to MSD (the tradename of Merck & Co., Inc, Rahway, NJ, USA) to develop, use, manufacture and commercialize sac-TMT in all territories outside of Greater China (which includes Mainland China, Hong Kong, Macao and Taiwan).

To date, three indications for sac-TMT have been approved and marketed in China for the treatment of adult patients with unresectable locally advanced or metastatic triple negative breast cancer (TNBC) who have received at least two prior systemic therapies (at least one of them for advanced or metastatic setting), EGFR mutation-positive locally advanced or metastatic non-squamous NSCLC following progression on EGFR-TKI therapy and platinum-based chemotherapy and EGFR mutant-positive locally advanced or metastatic non-squamous NSCLC who progressed after treatment with EGFR-TKI therapy. Sac-TMT is the first TROP2 ADC drug approved for marketing in lung cancer globally. In addition, the sNDA for sac-TMT for the treatment of adult patients with unresectable locally advanced, metastatic HR+/HER2- BC who have received prior endocrine therapy and other systemic treatments in the advanced or metastatic setting was accepted by the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA), and was included in the priority review and approval process.

As of today, the Company has initiated 9 registrational clinical studies in China. MSD has initiated 15 ongoing Phase 3 global clinical studies of sac-TMT as a monotherapy or with pembrolizumab or other anti-cancer agents for several types of cancer. These studies are sponsored and led by MSD.

About Kelun-Biotech

Kelun-Biotech (6990.HK) is a holding subsidiary of Kelun Pharmaceutical (002422.SZ), which focuses on the R&D, manufacturing, commercialization and global collaboration of innovative biological drugs and small molecule drugs. The company focuses on major disease areas such as solid tumors, autoimmune, inflammatory, and metabolic diseases, and in establishing a globalized drug development and industrialization platform to address the unmet medical needs in China and the rest of world. The Company is committed to becoming a leading global enterprise in the field of innovative drugs. At present, the Company has more than 30 ongoing key innovative drug projects, of which 4 projects have been approved for marketing, 1 project is in the NDA stage and more than 10 projects are in the clinical stage. The company has established one of the world’s leading proprietary ADC and novel DC platforms, OptiDC™, and has 2 ADC projects approved for marketing, and multiple ADC and novel DC assets in clinical or preclinical research stage. For more information, please visit https://kelun-biotech.com/.

 

[1] KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC (MSD), a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.

 

SuperX Appoints Former Intel GM Ken Lau as Chief Strategy Officer and Executive Director to Strengthen Global Supply Chain

Leveraging Ken’s 26 years of core leadership at Intel and Strategic Taiwan ecosystem alliances, SuperX is set to accelerate its deployment and ecosystem expansion.

SINGAPORE, Nov. 24, 2025 /PRNewswire/ — SuperX AI Technology Limited (NASDAQ: SUPX) (“the Company” or “SuperX”) today announced the appointment of Mr. Ken Lau as the Company’s Chief Strategy Officer (CSO) and Executive Director of the Board, concurrently serving as Chief Executive Officer (CEO) of its Singapore subsidiary, SuperX Industries Pte. Ltd. (“SuperX Industries”). The appointment will take effect on December 1, 2025.

A veteran leader with three decades of deep experience in the semiconductor and server sectors, Ken’s appointment marks a decisive step for SuperX in building a resilient, high-efficiency global supply chain. He will spearhead the Company’s long-term strategic planning and directly lead operations at SuperX Industries. His primary mandate is to deepen partnerships with top-tier ODMs, OEMs, and ecosystem partners in Taiwan and Asia Pacific, thereby accelerating the mass production and delivery of SuperX’s modular AI data center solutions.

A Vital Link Bridging Silicon Valley Innovation and Taiwan Manufacturing

Ken is a U.S. citizen with a distinguished career spanning 26 years at Intel Corporation from 1997 to 2023. He was long stationed in Taiwan, serving in core functions such as General Manager of Intel Taiwan and Managing Director of Technical Sales for the Asia-Pacific region, where he helped connect top-tier U.S. chip technology with Taiwan region‘s advanced manufacturing capabilities.

Deep Intel Heritage and Server Ecosystem Expertise 

During his tenure at Intel, Mr. Lau oversaw a workforce of over 1,500 professionals in his position as General Manager of Intel Taiwan and led the strategic migration of Intel’s server Reference Design development from the U.S. to Taiwan region. He pioneered the establishment of the Asia-Pacific data center engineering and customer support infrastructure, assembling a multidisciplinary team covering product management, hardware, firmware, BIOS, thermal, power, and marketing.

This strategic initiative optimized cost structures and system integration efficiency while expanding the design adoption of single and dual-socket Xeon™ processors. Under his leadership, Intel achieved a 97% customer satisfaction rate His efforts enhanced system integration efficiency and cost competitiveness, fostering deep collaborations with ODM giants on Rack-scale server development. He previously led the Chromebook engineering product line, establishing synergistic partnerships with OEMs and major cloud service providers to establish x86-based Chromebooks as advanced cloud client systems. Furthermore, Mr. Lau possesses a forward-looking strategic vision for next-generation AI inference products and Large Language Model (LLM) deployment.

Strategic Access to the Taiwan Supply Chain 

With over two decades of on-ground experience in Taiwan, Ken has cultivated profound trust and cooperative relationships with server/datacenter ODMs, chip IP partners, software vendors, and government agencies. As Taiwan seeks to be a global hub for AI server production, Ken’s leadership would be key to enabling SuperX to ship best-in-class AI DataCenter Systems while partnering with key strategic ODMs integrating the complete industrial value chain—from silicon to racks to full-scale AI factories.

Entrepreneurial and Transformational Leadership 

Prior to joining SuperX, from 2023 to 2025, Mr. Lau served as CEO of an AI ASIC (Application Specific IC) chip startup. This was where he garnered his deep experience in AI compute, Gen AI transformer model, technology commercialization, as well as knowledge of the equity and capital market. 

Dr. Chenhong Huang, Incoming Chairman and CEO of SuperX, commented: “I am thrilled to welcome Ken to the SuperX Board and executive team. In the race for AI infrastructure dominance, supply chain integration is the decisive competitive advantage. Ken is not just a technology and market expert; he is a deeply embedded industry insider within the Taiwan ecosystem. His tenure at Intel Corporation further strengthens the compliance and robustness of our global operations. With Ken at the helm of SuperX Industries, we expect to significantly strengthen our position in the ecosystem and accelerate the delivery of our modular AI factories.”

Ken Lau, Incoming CSO and Executive Director, stated: “The insatiable demand for compute power in the AI era is reshaping the global hardware supply chain. SuperX possesses an exciting, full-stack technology vision, and I am honored to join at this inflection point. I look forward to leveraging the industry experience and network resources I have built over the past thirty years to help SuperX bridge the world’s best technology with premier manufacturing resources, delivering AI infrastructure products that offer ultimate performance and cost competitiveness.”

About Mr. Ken Lau

Mr. Ken Lau is a seasoned technology executive with 30 years of industry experience. He previously served as CEO of AI ASIC chip company Neuchips from 2023 to 2025. Prior to that, from 1997 to 2023, he spent 26 years at Intel Corporation, serving in roles including General Manager of Intel Chrome Client Platform and Customer Engineering, and Managing Director of Technical Sales for the Asia-Pacific region. He successfully led the establishment and strategic transformation of multiple multinational engineering teams and made significant contributions to the development of the Taiwan server ecosystem. Mr. Lau holds a Master’s degree in Mechanical Engineering from The Ohio State University and a Bachelor’s degree in Materials Science and Engineering from the University of Michigan, Ann Arbor. He currently sits on the board of Kerry TJ Logistics (TWSE: 2609) and is a U.S. citizen.

About SuperX AI Technology Limited (NASDAQ: SUPX)

SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg

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This press release may contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

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Black Friday Must-Have: YESOUL G1 M PLUS Indoor Bike for Efficient Winter Home Workouts

HONG KONG, Nov. 24, 2025 /PRNewswire/ — As winter approaches, staying active can become a major challenge. Cold weather, shorter daylight hours, and busy schedules often make outdoor workouts inconvenient or even impossible. For fitness enthusiasts, athletes, or anyone looking to maintain a healthy lifestyle, having a reliable home workout solution is essential. The YESOUL G1 M PLUS Indoor Bike offers the perfect solution for winter home fitness, combining high-performance features, convenience, and affordability. With Black Friday just around the corner, this indoor cycling bike is a must-have for anyone serious about maintaining their fitness at home.


Train Like a Professional, Right at Home

One of the most compelling reasons to choose the YESOUL G1 M PLUS delivers professional-grade training in the comfort of your home. Suitable for athletes and casual fitness enthusiasts, it provides a low-impact, high-intensity cardio workout that engages quads, hamstrings, glutes, and calves. Unlike outdoor cycling, it removes distractions like traffic, weather, and uneven terrain, letting you focus on performance and goals.

Top-level athletes trust the YESOUL G1 M PLUS for serious training. Paralympic gold medallist Richard Whitehead uses it for low-impact endurance workouts that support recovery and peak performance. Tennis star Renata Zarazúa integrates the bike into her regimen to maintain fitness while managing knee rehabilitation. Olympian and marathon runner Genevieve Gregson, a mother of two, emphasizes that the bike was indispensable during her pregnancy and postpartum recovery, allowing her to stay active safely at home. Off-road racing professional Corbin Leaverton also praises the adjustable magnetic resistance and immersive HD screen, which help him prepare for challenging competitions like the Dakar Rally.

YESOUL works with professional athletes, trainers, and lifestyle influencers, highlighting the G1 M PLUS’s versatility and effectiveness. Whether maintaining fitness, recovering from injury, or adding consistent cardio, this bike delivers a professional-level home training experience.

Why Indoor Cycling Is Perfect for Winter

Winter presents unique challenges for maintaining a consistent workout routine. Cold temperatures, icy roads, and early nightfall can discourage outdoor exercise, while crowded gyms may feel uncomfortable, inconvenient, or even unsafe. Indoor cycling offers a convenient, weatherproof alternative, allowing users to exercise anytime, without worrying about environmental conditions or safety concerns.

The YESOUL G1 M PLUS provides a controlled, consistent training environment that maximizes endurance, strength, and cardiovascular health. Its magnetic resistance system can simulate flat roads, steep climbs, sprints, and high-intensity interval sessions, offering a complete and varied workout experience. Whether you’re training for endurance, building lower-body strength, or improving overall fitness, this indoor bike supports a comprehensive range of exercises.

Additionally, indoor cycling reduces the risk of injury commonly associated with running or outdoor workouts in winter conditions, such as slips, falls, or joint strain. By creating a safe and reliable exercise environment, the G1 M PLUS ensures that you can stay active and motivated even when the weather outside is less than ideal.

High-Quality Features for Maximum Performance

The YESOUL G1 M PLUS Indoor Bike is more than just a stationary bike—it’s a complete home training solution. Its thoughtful design and advanced features ensure that winter workouts are efficient, engaging, and comfortable.

1. Free and Unlimited Screen Mirroring

The G1 M PLUS features a 21.5-inch HD rotating screen that allows free and unlimited mirroring. Users can mirror their phone or tablet directly to the bike’s built-in screen, giving access to apps like Zwift, YouTube, Kinomap, and the Yesoul App. This means you can stream structured interval sessions, scenic rides, yoga, pilates, and strength training—all without mandatory Yesoul’s subscription fees. The freedom to choose your workout content ensures every session is personalized, engaging, and adaptable to your fitness goals.

2. Adjustable Magnetic Resistance

The bike’s magnetic resistance system allows users to easily adjust the intensity of their workouts. From gentle, steady rides to high-intensity interval training (HIIT), you can target endurance, strength, or cardiovascular performance. The smooth, quiet resistance also ensures a realistic and challenging cycling experience suitable for all fitness levels.

3. Real-Time Performance Tracking

The bike provides real-time tracking of time, distance, resistance level, and calories burned, enabling users to monitor progress, set measurable goals, and maintain accountability. This data-driven approach enhances motivation and helps users optimize their training outcomes.

4. Quiet and Compact Design

With its ultra-quiet design, workouts can be done early in the morning or late at night without disturbing family members or neighbors. Its compact footprint fits effortlessly into apartments, bedrooms, or home gym setups, making it a practical solution for spaces of all sizes.

Stay Motivated with Variety

Maintaining motivation during winter workouts can be challenging. The YESOUL G1 M PLUS addresses this by providing access to a virtually unlimited variety of workouts through its free and unlimited screen mirroring. Users can seamlessly switch between cycling sessions, yoga, pilates, and strength training, creating a well-rounded fitness program that keeps engagement high.

For runners, indoor cycling is an excellent cross-training tool, allowing them to maintain cardiovascular fitness while reducing joint impact. Precision athletes, like dart players or tennis players, can use the bike to improve endurance, focus, and reaction time. The versatility of the G1 M PLUS ensures it meets the needs of athletes of all disciplines, as well as anyone looking to maintain a healthy lifestyle at home.

Black Friday: The Perfect Time to Upgrade Your Home Gym

With Black Friday approaching, now is the ideal opportunity to invest in a home fitness solution that delivers professional-level training without leaving home. The YESOUL G1 M PLUS Indoor Bike combines convenience, quality, and affordability, making it an essential addition to any winter home workout routine.

Black Friday promotions make it easier than ever to bring this high-performance indoor bike into your home. Whether purchasing for yourself or gifting a loved one, the G1 M PLUS offers advanced features, professional-grade performance, and a safe, quiet, and engaging workout environment—all at an accessible price.

Why YESOUL G1 M PLUS Stands Out

Unlike traditional stationary bikes, the G1 M PLUS provides an immersive, interactive, and highly adaptable training experience. Its combination of quiet operation, adjustable magnetic resistance, and HD screen makes it suitable for a variety of users—from elite athletes to beginners seeking a convenient, effective winter workout.

YESOUL’s commitment to supporting athletes and home fitness enthusiasts through professional endorsements and ongoing product development ensures that every feature of the G1 M PLUS is designed to enhance performance, engagement, and comfort.

Benefits of Consistent Winter Workouts

Maintaining an active lifestyle during winter offers numerous physical and mental health benefits:

  • Improved Cardiovascular Health: Strengthens the heart and improves circulation.
  • Enhanced Endurance and Stamina: Structured workouts help build endurance and support muscle recovery.
  • Strength and Toning: Targeted resistance training improves lower-body strength and muscle tone.
  • Mental Well-Being: Exercise reduces stress and improves mood, helping combat winter blues.

With the G1 M PLUS, winter no longer means compromising on fitness. Its user-friendly design and versatile features make it easier than ever to maintain a consistent exercise routine, even during the coldest months.

Create Your Ultimate Home Fitness Experience

Pairing the G1 M PLUS Indoor Bike with complementary home workouts like yoga, pilates, or strength training enhances overall results. Its free and unlimited screen mirroring allows users to explore new content regularly, ensuring every session is engaging, dynamic, and effective.

Trusted by Professionals, Loved by Home Fitness Enthusiasts

The G1 M PLUS has received widespread acclaim from professional athletes and home users alike. Its combination of performance, versatility, and convenience makes it a standout product in the indoor cycling market. The support from athletes like Richard Whitehead, Renata Zarazúa, Genevieve Gregson, and Corbin Leaverton adds credibility, demonstrating its effectiveness for serious training while reinforcing its appeal to fitness enthusiasts at home.

Final Thoughts: Your Winter Fitness Solution

Winter does not have to mean giving up on your fitness goals. The YESOUL G1 M PLUS Indoor Bike provides a high-quality, professional-grade training experience in the comfort of your home. With its immersive HD screen, adjustable magnetic resistance, real-time performance tracking, and free and unlimited screen mirroring, it empowers users to maintain endurance, strength, and overall health—even during the coldest months.

Black Friday is the perfect time to invest in this essential winter workout companion. Whether for personal use or as a thoughtful gift, the YESOUL G1 M PLUS brings convenience, performance, and enjoyment to every home fitness routine.

Take advantage of Black Friday savings now! The YESOUL G1 M PLUS Indoor Bike is available with special discounts for a limited time. Discover more and elevate your winter home workouts today: www.yesoulfitness.com

CONTACT: support@yesoulfitness.com 

 

House of Dancing Water Premiere granted top honors at the 2025 TITAN Brand Awards


MACAU SAR – Media OutReach Newswire – 24 November 2025 – Melco Resorts & Entertainment is proud to announce that House of Dancing Water’s Premiere project has been honored at the 2025 TITAN Brand Awards with two major distinctions — the Platinum Award for Best Brand Awareness Campaign and the Gold Award for Best Integrated Marketing Campaign. These prestigious accolades celebrate Melco’s strategic marketing excellence and reinforce its ongoing commitment to elevating Macau as the ‘World Centre of Tourism and Leisure’.

House of Dancing Water

As an internationally-renowned spectacle that attracts audiences from across the globe, House of Dancing Water is an iconic once-in-a-lifetime aquatic show. Debuting in 2010, the show has continued to captivate millions of audiences and received rave reviews. Recreated under the artistic direction of Giuliano Peparini, Artistic Director of Peparini Studios, the reimagined show merges breathtaking aquatic stunts, advanced stage technology, and a 270-degree theater-in-the-round to deliver an immersive narrative that transcends traditional performance. The involvement of a cast and crew of nearly 300 professionals from over 30 countries embodies Melco’s commitment to global storytelling and cultural resonance, which is core to its vision of creating truly global and inclusive guest experiences.

Through an innovative and targeted brand campaign, the premiere of the reimagined House of Dancing Water has made substantial impact, capturing extensive attention globally. In the three days following the premiere, over 1.1 billion views across major social media platforms, including Weibo, WeChat, Rednote, Facebook and Instagram was achieved. Furthermore, engagement with associated social media content surpassed six million interactions. These results demonstrate the success of the campaign in enhancing visibility for the House of Dancing Water brand.

Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said, “We are deeply honored by this recognition from the TITAN Brand Awards. It celebrates more than a successful relaunch; it validates the power of Melco’s global brand narrative and affirms our commitment to creating world-class entertainment experiences for our guests from across the globe. We extend our sincere gratitude to our teams and creative partners for their passion and excellence, and we will continue to set new benchmarks in entertainment that bring pride and enduring value to Macau.”

The TITAN Brand Awards, organized by the International Awards Associate (IAA), are among the industry’s most respected global recognitions celebrating excellence in brand strategy, creative innovation, and market impact. Submissions are evaluated by an international jury of experts based on creativity, execution, and measurable effectiveness, honoring campaigns that successfully elevate brand awareness and engagement across worldwide audiences.

Hashtag: #melco #cityofdreams #houseofdancingwater #titanbrandawards





Wechat: 新濠博亚娱乐

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

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates City of Dreams () and Altira Macau (), integrated resorts located in Cotai and Taipa, Macau, respectively. Its business also includes the Mocha Clubs (), the only non-casino based operation of electronic gaming machines in Macau. In addition, the Company operates Studio City (), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, the Company operates and manages City of Dreams Manila (), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company operates City of Dreams Mediterranean, an integrated resort in Limassol, in the Republic of Cyprus () and licensed satellite casinos in other cities in Cyprus (the “Cyprus Casinos”). In South Asia, the Company operates the casino and manages the Nüwa hotel at City of Dreams Sri Lanka (), an integrated resort in Colombo, Sri Lanka. For more information about the Company, please visit .

The Company is majority owned by Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited, which is in turn majority owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

Byreal Platform Update Slashes LP Costs by 95%, Adds Social Sharing for Liquidity Farming

DUBAI, UAE, Nov. 24, 2025 /PRNewswire/ — Byreal, a decentralized exchange incubated by Bybit and built for the Solana ecosystem, announced a package of comprehensive platform upgrades designed to enhance liquidity efficiency and user experience. The upgrades include the introduction of Dynamic Tick Array technology, significant product and performance optimizations, and the recent launch of the social referral feature for Real Farmer, a social liquidity mining system.

Since its full public launch in October, Byreal has achieved significant milestones across key metrics. Currently ranking No. 5 by 30-day fees and 30-day revenue on DefiLlama’s DEX on Solana rankings, Byreal has recorded over $830 million in cumulative volume.

The platform has expanded to over 40 partners across RWA, AI, infrastructure, consumer applications, and DeFi. Byreal’s value delivery extends beyond conventional DeFi: as a first-day partner with xStocks, it currently supports 13 tokenized equities through an RFQ-based execution layer.

Key Highlights

  • Dynamic Tick Array: 95% Reduction in LP Position Opening Costs
    Byreal has completed a core upgrade to its Concentrated Liquidity Market Maker (CLMM) contract by introducing Dynamic Tick Arrays. This innovative feature shifts tick initialization from costly creation in bulk to efficient on-demand creation, reducing the on-chain cost of opening liquidity provider positions by about 95%. This breakthrough significantly lowers barriers to liquidity provision and boosts overall participation efficiency in the platform.
  • New Portfolio Dashboard: Comprehensive Asset and Performance Tracking
    The newly launched Portfolio Dashboard provides centralized asset management and strategy review capabilities, helping users evaluate their performance as liquidity providers with clarity. The refreshed interface offers intuitive tools for tracking real-time and cumulative PnL, accumulated and unclaimed fees, and additional earnings metrics such as Copy Bonus rewards. This enhancement empowers users with greater transparency and ease in reviewing their LP performance and revenue streams.
  • Elevated Performance: Faster Trades, Instant Sync
    Byreal has strengthened its core execution performance through optimization of key modules, enabling faster trade execution and lower-latency position and status synchronization. This enhancements deliver a smoother, lower-latency user interaction for all traders.
  • Real Farmer: One-Click Social Liquidity Mining With Copy Bonus Rewards
    Byreal’s Real Farmer is a social liquidity mining system that allows users to view, share, and replicate top liquidity providers’ strategies with a single click, lowering barriers to liquidity mining. The recently introduced social referral feature aims to enhance community engagement and boost participation through transparent strategy visualization. 

“Byreal is committed to perfecting the on-chain experience for every trader. Our recent upgrades serve to deepen Byreal’s decentralized liquidity infrastructure within the Solana ecosystem,” said Emily Bao, Head of Spot at Bybit and Founder of Byreal. “We’re accelerating our development of decentralized liquidity infrastructure to provide users with a more efficient and transparent on-chain market-making and trading experience,” she added.

Byreal is a decentralized exchange in the Solana ecosystem incubated by Bybit. The platform focuses on providing efficient, transparent liquidity solutions for decentralized trading.

For more information, users may visit: https://www.byreal.io

#Bybit / #CryptoArk / #Byreal

Byreal Platform Update Slashes LP Costs by 95%, Adds Social Sharing for Liquidity Farming
Byreal Platform Update Slashes LP Costs by 95%, Adds Social Sharing for Liquidity Farming

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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