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Babel Finance announces participation in Crypto Derivatives Platform Paradigm

SINGAPORE – Media OutReach – 15 February 2022 – Crypto financial service provider Babel Finance, recently announced its participation in the crypto derivatives platform Paradigm. Taking part in the US$35 million Series A funding round of Paradigm, Babel Finance’s crypto trading division can now access multi-asset, multi-protocol liquidity on demand. This can be done without compromising execution preferences, costs, or immediacy.

 

Paradigm is an institutional liquidity network for derivative traders. Babel Finance’s investment in Paradigm’s platform will allow Babel Finance’s financial services to bridge crypto finance with traditional finance. Babel Finance’s crypto lending services can easily facilitate multi-leg and multi-product strategies with underlying hedges via a single executable structure with access to Paradigm’s innovative workflow automation tools. 

 

Being one of the world’s largest crypto options traders and serving more than 500 institutional clients worldwide, Babel Finance expects its investment in Paradigm to add to its vision of making crypto finance mainstream in financial markets with institutional investors.

 

The investment will give Babel Finance increased trading precision, elimination of leg risk, and lower execution costs when trading derivatives are critical for the Babel Finance Singapore team. With these new capabilities, Babel Finance can progress and become a key service provider in crypto asset management, prime brokerage services, and crypto lending.

 

About Babel Finance

Babel Finance is a leading global crypto financial services provider that offers institutional and HNW investors professional services covering crypto lending and trading.

The company is backed by prominent investors, including Sequoia Capital China, Tiger Global Management, BAI Capital, Zoo Capital, Dragonfly Capital, and NGC Ventures.

With a business focus in Asia and a business headquarters in Singapore, Babel Finance has established close cooperative relationships with major global exchanges, custodians, investment funds, and mining institutions.

#BabelFinance

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

OctaFX opens the gates for weekend crypto trading

After having a good year with enthusiastic feedback from the trading community, OctaFX has finally opened its crypto trading offer for the weekends.

KUALA LUMPUR, MALAYSIA – Media OutReach – 15 February 2022 – The cryptosphere is rattling through a rough phase, to say it mildly.

 

 

Bitcoin reached its all-time high on 8 November with a price of 67,566 U.S. dollars and experienced a downtrend until recently. As of this writing, bitcoin has recovered to 42,458 U.S. dollars from a chilling 34,774 U.S. dollars (minus 48.53% from the previous all-time high), taking the entire altcoin market with it down this spiral. For some time, industry experts were beginning to expect a comprehensive bear market to unfold before turning bullish again.

 

Then again—from an investor’s mindset—this is exactly what most should be waiting for. The famous investor Warren Buffet made expert use of the bear market that unfolded in 1973–1974 by buying assets while most market participators were in fear of acting.

 

If one goes back even further in history, at the dawn of the 19th century, the prominent banker Baron Rothschild is reported to have said:  ‘Buy when there’s blood in the streets, even if the blood is your own’.

 

For Forex trading, this is irrelevant since one can trade the up- as well as the downside of the fiat and cryptocurrency markets.

 

And up until recently, the global Forex broker offered its cryptocurrency trading only Mondays through Fridays.

 

The fintech company went a step further for 2022’s first quarter by launching its new weekend time frame option—it officially started on 5 February.

 

These are the current cryptocurrencies pairs—all paired with the world reserve currency—touched by this service upgrade.

●      BCHUSD (Bitcoin Cash/U.S. dollar)

●      BTCUSD (Bitcoin/U.S. dollar)

●      ETHUSD (Ethereum/U.S. dollar)

●      LTCUSD (Litecoin/U.S. dollar)

●      XRPUSD (Ripple/U.S. dollar)

All of these pairs come with a ratio of 1:25 maximum leverage.

About OctaFX

OctaFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience and a top-notch service environment to over 7.5 million traders worldwide. In that sense, OctaFX has won more than 45 awards since its foundation, including the 2021 ‘Best Forex Broker Asia’ award and the 2020 ‘Most Transparent Broker’ award from Global Banking & Finance Review and Forex Awards, respectively. It’s also adamant in providing and upholding the best financial expertise, analytics, and educational programmes in the industry.

#OctaFX

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

No End In Sight for Trucks in Laos Stranded at Chinese Border

Trucks remain stranded at the Boten border with China in Luang Namtha
Thousands of trucks remain stranded at the Boten border with China in Luang Namtha

Authorities in Luang Namtha Province are scrambling to assist thousands of trucks and other vehicles stranded at the border with China in Boten.

Bybit Pledges Arboreal Support for Sustainability and Gender Equality in India

  • Bybit has pledged to plant and nurture 100,000 fruit trees in India through its partnership with One Tree Planted
  • Bybit recognizes the importance of giving back and responsibility towards the future generations in building a sustainable future
  • This initiative supports marginalized communities in India  — providing sustainable livelihoods and nutritious food to vulnerable families

NEW DELHI, INDIA – Media OutReach – 14 February 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, has pledged to plant and nurture 100,000 fruit trees across Haryana, Uttar Pradesh, Uttarakhand, Rajasthan, Maharashtra, Odisha and West Bengal in India, through its partnership with One Tree Planted.

 

Through supporting the “India 2022: Fruit Trees to Fight Hunger” project, which will run from Feb. 14, 2022 to Nov. 30, 2022, Bybit will be helping smallholder farmers in marginalized communities, by helping the participating farmers to create sustainable livelihoods and provide nutritious food for their families and community. The initiative also manifests long-term goals of  fighting pollution, conserving water and preventing soil erosion.

 

Three years after planting, each fruit tree will help generate an income of $10 per tree per year. The pledge will see through the plan to establish a steady source of income to fight hunger, malnutrition and poverty in vulnerable rural communities. The project will also create job opportunities for local women in the tree nurseries to alleviate gender inequality in underprivileged groups.

 

One Tree Planted will be building a new large-scale tree nursery in Mirzapur this year to reduce the need for sapling transportation (saving costs and carbon emissions), and improve the quality of the saplings as they are able to acclimatize to local conditions. These nurseries will employ a local workforce consisting of widowed and elderly women, who face many inequalities in already marginalized communities.

 

Bybit shares One Tree Planted’s deep-rooted vision for a greener future. In addition to economic benefits for local communities, the project will pilot a “plastic-free nursery” program, replacing plastic nursery bags with jute and paddy stalks to reduce tons of plastic waste. This will commence as a trial on a small portion of the trees in 2022, and will be rolled out further in future years. One Tree Planted has supported this project with its local partner Sustainable Green Initiative since 2017. Together, they have planted 3.5 million fruit trees across India to date. One Tree Planted has grown over 40 million trees in 43 countries since 2014.

“As Bybit expands globally, we recognize the importance of giving back to the wider society and our responsibility to ensure that future generations have the opportunity to experience a sustainable future. Issues of sustainability and inequality are close to our hearts, and that is why we are supporting organizations like One Tree Planted who are building solutions that will benefit millions in the years to come,” said Igneus Terrenus, Head of Communications at Bybit.

 

“We appreciate the support of Bybit, and all the great work we will be able to do as a result of this partnership. Through the Fruit Trees to Fight Hunger initiative we will be able to plant more trees to support the people, community, and biodiversity in India,” said Ashley Lamontagne, Forest Campaign Manager.

 

About One Tree Planted

One Tree Planted is a 501(c)(3) nonprofit on a mission to make it simple for anyone to help the environment by planting trees. Their projects span the globe and are done in partnership with local communities and knowledgeable experts to create an impact for nature, people, and wildlife. Reforestation helps to rebuild forests after fires and floods, provide jobs for social impact, and restore biodiversity. Many projects have overlapping objectives, creating a combination of benefits that contribute to the UN’s Sustainable Development Goals. Learn more at onetreeplanted.org.

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class.

For more information please visit: https://www.bybit.com/


For updates, please follow Bybit’s social media platforms on
https://discord.com/invite/bybit

https://www.facebook.com/Bybit

https://www.instagram.com/bybit_official/

https://www.linkedin.com/company/bybitexchange/

https://www.reddit.com/r/Bybit/

https://t.me/BybitEnglish

https://www.tiktok.com/@bybit_official

https://twitter.com/Bybit_Official

https://www.youtube.com/c/Bybit


#Bybit

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

Laos Confirms 216 New Cases of Covid-19, Three Deaths

Bolikhamxay Covid Update

Laos has recorded 216 cases of Covid-19 across the country today, with three new deaths.

Laos-China Railway Asks Govt Permission to Use Foreign Currency

Laos China Railway officially launched today

The Laos-China Railway Company has asked the government of Laos to allow it to use foreign currency for its transactions.

Appier closes out FY21 with revenue increase of 41% at 12.7 billion JPY

Annual EBITDA margin turned positive for the first time

Highlights and achievements of fiscal year 2021:

  • Achieved 12.7 billion JPY in annual revenue with a 41% year-over-year (YoY) growth rate in 2021, surpassing previous guidance of 12.3 million JPY – marks the consistent growth acceleration for the second consecutive year
  • Annual gross profit up 51% YoY. With an expanded gross margin, Appier’s gross profit growth acceleration outpaces revenue
  • Annual EBITDA profit reached 42 million JPY and marked the first year of full year positive EBITDA margin in Appier’s history. Annual EBITDA margin increased 13 percentage points YoY
  • Strong momentum in new market expansion via the U.S. with more than 50% quarter-on-quarter (QoQ) growth in the last 3 quarters


Highlights of fiscal year 2022 guidance:

  • Appier forecasts a 38% increase in YoY revenue growth to 17.5 billion JPY and gross profit is expected to surpass revenue at 45% YoY
  • A full-year positive EBITDA profit to 575 million JPY with 1259% YoY growth rate
  • Growth across regions and product lines are drivers of strong financial performance.

Highlight and Achievements of Q4 FY21:

  • Revenue increased by 40% YoY and hit a historical high to 3.9 billion JPY.
  • EBITDA margin achieved 3% with historical high EBITDA profit of 129 million JPY.
  • Achieved 32% YoY growth in customer numbers and a historical low churn rate of 0.73%

Closing out the year with a bang


TAIPEI, TAIWAN – Media OutReach – 14 February 2022 – Appier Group Inc (TSE: 4180), henceforth referred to as Appier, today announced its fiscal and fourth quarter earnings results for the year ended 31 December 2021. Appier closed out the fiscal year of 2021 with an annual revenue increase of 41% YoY at 12.7 billion JPY – a consecutive second year of growth rate acceleration. An increase in the adoption of Appier’s solutions and growth in all regions are main drivers of this consistent growth. Annual gross profit has grown 51% YoY and annual EBITDA turned positive for the first time in Appier’s history.

 

Appier is growing alongside its customers. A strong uplift of the Net Revenue Retention (NRR) at 123.8% for the year places Appier in a strong position entering 2022. The rate of net new customers reached 32% YoY in 2021 and Appier is now serving close to 1,100[1] customers across the Asia Pacific and U.S.. Customers in the e-commerce (48%) sector continued to show strong demand as they aim to strengthen their ability to connect with consumers in a digital-led environment.

 

Appier’s 2022 guidance comes with a forecasted annual revenue growth rate of 38% YoY and revenue at 17.5 billion JPY. The overall outlook for 2022 is optimistic with annual gross profit expected to surpass revenue at 45% YoY, as well as an expectation of a full-year positive EBITDA profit of 575 million JPY with 1259% YoY growth rate. Appier’s increasing growth across the regions and product lines are key drivers of this guidance for 2022.

 

Highlight and Achievements of Q4 FY21

 

Appier’s revenue grew at a rate of 40% YoY and recorded a historical high 3.9 billion JPY. EBITDA margin rose 3% to 129 million JPY, a historical high EBITDA profit. NRR maintained at a strong 123.8%, contributed by the growth from existing customers and the lowest customer churn rate of 0.73% in the company’s history.

 

“To close out the fiscal year with such achievements is something we are all incredibly proud of. Our tremendous growth signals that the industry is responding well to AI technology that is first-party-data centric, and helping our customers grow has fueled ours,” said Dr. Chih-Han Yu, Appier’s CEO and co-founder. “Our ethos on innovation and customer-centricity has allowed us to iterate our solutions at lightning speed to adapt to moving market conditions. Customers are pivoting to solutions like ours that can help unify and enrich first-party data for their marketing and business needs. Demand for such innovation will only continue to grow,” Dr Yu continued. “As our world becomes increasingly digital and consent-based, the demand for AI-powered technology and analytics will only continue to rise and we see Appier as a key leader in supporting our customers with their AI-powered digital transformation,” he concluded.

 

Adoption of AI and trend of first party data on the rise

 

This quarter’s strong performance reflects the growth of the industry and the demand for AI-powered solutions that are first-party-data centric among our customers. Appier’s commitment to innovation and customer-centricity where we continue to adapt fast to industry trends, and iterate our solutions to offer the latest innovation to our customers is one of the drivers for the financial performance.

 

Our relationships with customers continue to evolve as does the impact of our services on their business. Our momentum is also adapting to the ever-changing customer and business needs, and the growth of first-party-data centric consumer experiences.

 

Cross-product synergistic solutions that add value to customers drive growth

 

Now that BotBonnie, Appier’s omnichannel marketing platform acquired in May 2021 is integrating with AIQUA, their AI Personalisation Cloud, where customers will enjoy the benefit of unifying the first-party data across web apps and instant messaging to provide end-to-end personalised marketing and customer service while delivering interconnected personalised experiences to their customers and driving engagement at scale.

 

AIXON, Appier’s customer data science platform and AIXPERT, Appier’s automated app advertising assistant, helps customers optimise their advertising campaigns with a 24-hour AI-powered operation.

 

These cross-product synergies are a result of Appier’s ethos towards innovation. By continuously iterating and creating synergies across their solutions, they are able to add even more value to customers; help them make informed business decisions, overcome business challenges and ultimately achieve business growth.



[1] Net new customers increased by 261 to 1,088 in 2021 at 32% YoY which maintains a high organic incremental increase of customers.

 

About Appier

Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe and U.S., and is listed on the Tokyo Stock Exchange. Visitwww.appier.com for more company information and visit ir.appier.com/en/ for more IR information.

#Appier

Data-Driven SEO Company, Miron Digital Reveals Digital Marketing Channel with Highest ROI

SINGAPORE – Media OutReach – 14 February 2022 – Renowned SEO Agency with 5-star Google’s review, Miron Digital has recently revealed Search Engine Optimization (SEO) as the digital marketing channel with highest return-on-investment (ROI). Owing from several years of experience with past clients who have seen positive results, the agency establishes this new data finding as strong evidence.

Explaining why SEO is suitable for most businesses as one with the most ROI, the SEO agency points out that most consumers head to search engines such as Google and Bing for product & service research before purchasing. This means that if a business ranks well on prominent search engine results, the chances of converting leads to sales are likely higher than businesses who do not adopt SEO.

Due to the fact that Google is the most popular worldwide search engine, SEO helps business owners to constantly stay visible. With SEO, businesses can appear in front of their target audience and maximize their brand’s visibility. This in turn helps to increase organic traffic to their business’ website, improves brand awareness, and lead generation which can eventually lead to conversion and sales.

 

Miron Digital is able to give marketing information such as this because they are a data-driven SEO & SEM digital marketing agency in Singapore that specializes in driving profitable organic and paid traffic. With the recent COVID-19 pandemic impacting many small and medium sized businesses in Singapore, Miron Digital has seen a rise in business owners turning to SEO as a key marketing channel to brace through this difficult period.

 

In some cases, clients have attempted on SEO’s processes on their own in order to save marketing costs. Usually, it has been observed that results were not optimal, and some have even seen a drastic drop in their keywords’ rankings in the search engines. With these keywords rankings decline, the organic traffic will likely decrease, losing their search visibility eventually.

 

To solve this, Miron Digital also advocates the importance of education on the processes of SEO. With a strong focus on SEO and Search Engine Marketing (SEM), Miron Digital has helped its past clients achieved their business goals in the digital space. The digital marketing agency have worked with brands from a wide range of industries such as fitness, education, engineering, security, and more.

 

“We usually see our clients trying to perform SEO on their own without the help of a professional prior to engaging us. The problem with this is that some areas, for example the technical SEO aspect, may be neglected or not done according to the search engine’s guidelines. Also, they usually expect to see results in a very short amount of time, which is not how the search engine’s algorithm works. Eventually, they give up and start looking for professional help”, explained Mr Chris Cheng, lead SEO expert & strategist at Miron Digital.

 

According to Clarence, Co-Founder of Integral Learning Academy, “We have worked with Miron Digital to start optimising our website as we needed organic traction. Our business has since benefitted greatly from the SEO campaign that Chris managed for us. Not to mention, his report is very detailed yet clear for us to understand easily. My partner and I learnt a lot from him as he like to give us useful advice in approaching digital marketing.”

 

For more information on Miron Digital and their SEO expertise, visit https://www.mirondigital.com.sg/

About Miron Digital

Miron Digital Pte Ltd is a digital marketing agency based in Singapore, specializing in driving profitable organic & paid traffic. Through years of experience, Miron Digital developed processes that have helped many of its clients reach their goals. By carefully analyzing its clients’ brand and business profile, Miron Digital focuses on designing custom tailored marketing strategy that has been proven to achieve success.

Miron Digital works around the clock to ensure that with each task done, clients’ campaign advances, gaining top visibility and ranking authority. The SEO Agency prides in the quality of their work with 5-star rating customer reviews.

For more information on Miron Digital, visit

https://www.mirondigital.com.sg/

#MironDigital