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ShengShu Technology Announces Updates to Vidu’s Model-as-a-Service (MaaS) API, with Lip Sync, Templates, and MCP

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Vidu MaaS now supports accurate lip syncing in 60+ languages, creative templates, and seamless Model Context Protocol (MCP) integration, which lets apps like Claude and Cursor create videos instantly without manual API calls

SINGAPORE, Aug. 20, 2025 /PRNewswire/ — Vidu, the flagship product of ShengShu Technology and a pioneer in generative AI video, today announced a major upgrade to its Vidu Model-as-a-Service (MaaS) API, bringing the visual appeal of avatar-driven content to e-commerce and advertising. The new release enables brands to launch cinematic, avatar-driven campaigns in record time at a fraction of traditional production costs thanks to built-in lip-sync, ready-made creative templates, and seamless MCP integration.

As consumers increasingly embrace short-form video shopping, live commerce, and personalized marketing, e-commerce platforms, advertisers and even entertainment brands face mounting pressure to deliver high-quality, localized video content faster than ever. ShengShu Technology’s upgraded Vidu MaaS API, a plug-and-play gateway for businesses to access ShengShu Technology’s foundational AI video model at scale, taps into the global cultural wave of virtual characters to meet this demand.

Where Avatars and Pop Culture Meet the Demands of Modern E-Commerce and Advertising

Avatars and virtual idols like PLAVE, Hatsune Miku, and K-pop Demon Hunters have captured massive fan bases, and now their storytelling power is inspiring commerce. With the Vidu MaaS API, brands can add avatar-like video elements to product launches, seasonal promotions, and interactive shopping experiences by blending pop culture appeal with performance-driven e-commerce that moves at the pace of shopping trends while staying consistent across regions and campaigns.

  • Lip Sync: Now available as a standalone API feature, Lip Sync generates natural-sounding lip-synced clips from text and video, with access to 324 preset voices, or from audio and video uploads. Lip Sync supports resolutions of up to 4K, videos up to 600 seconds, and 60+ languages, it also offers fine-tuned control over speech rate, volume, and voice style. The multi-lingual capability enables marketers to deliver culturally relevant content for every market.
  • Templates: Launching alongside Lip Sync, the new “Virtual Singer” template gives brands, artists, and influencers an easy way create short-form lip-synced performances from a single image that last between 8 and 15-seconds, at 720p resolution and 25 fps. With just an image and audio, users can produce high-quality, stylized video assets in less than four minutes.
  • Vidu MCP: The Vidu MaaS API now also supports Model Context Protocol (MCP) enabled applications like Claude and Cursor. Using conversational context, the API will automatically select the right video generation method for the video, be it text-to-video, image-to-video, or template-based instead of requiring manual API calls. This simplifies deployment across diverse workflows.

“E-commerce moves at the speed of culture, and virtual characters or generated content are becoming part of that culture,” said Yihang Luo, CEO at ShengShu Technology. “With our upgraded Vidu MaaS API, brands can merge the storytelling power of avatars with the performance demands of digital retail to deliver high-impact campaigns that are fast, localized, and consistent.”

Evolving Beyond the Groundwork Laid by Earlier Vidu Features

ShengShu Technology’s Vidu’s offers breakthroughs built on years of research. Its capabilities include Reference-to-Video, an industry-first feature delivering multi-image, multi-entity generational consistency, and First-to-Last Frame cinematic transitions that maintain visual coherence across complex scenes. With outputs up to 1080p, industry-leading frame-to-frame fidelity, and a library of optimized templates, the company also recently introduced support for audio, generating 48 kHz HD sound effects and background music in sync with visual content. These technical advances enable real-world applications such as one-click virtual try-ons for e-commerce, adaptive advertising creatives for global campaigns, and rapid localization for multi-language video training materials.

Global Growth and Milestones

These new updates come during a period of rapid international expansion for Vidu. ShengShu Technology recently hosted a global developers’ meetup in Turkey, engaging with a growing community of creators and enterprise partners eager to integrate Vidu into their pipelines. And since its launch, Vidu has achieved a series of milestones that reflect both market demand and platform scalability:

  • Reached 1 million users within its first month.
  • Surpassed 10 million users in three months.
  • Generated over 100 million videos by month four.
  • Reference-to-Video generation exceeded 100 million by month eight.
  • Total generated videos now exceed 300 million.

By bridging the emotional pull of virtual characters and features, purpose-built for commerce and entertainment, ShengShu Technology’s major update to Vidu’s MaaS API positions itself as the creative infrastructure for the next generation of e-commerce video marketing where engaging, localized, and cost-effective campaigns can be launched at the speed of culture.

Learn more about the Vidu MaaS video generation API here: https://platform.vidu.com/

About ShengShu Technology

Founded in March 2023, ShengShu Technology is a world-leading artificial intelligence company, specializing in the development of Multimodal Large Language Models. Driven by innovation, the company delivers cutting-edge MaaS and SaaS products that revolutionize creative production by enabling smarter, faster, and more scalable content creation. With its flagship video generation platform Vidu, ShengShu Technology’s solutions have reached more than 200 countries and regions around the world, spanning fields including interactive entertainment, advertising, film, animation, cultural tourism, and more.

 

Pudu Robotics Launches PUDU MT1 Max: AI-Powered 3D Perception Robotic Sweeper for Complex Large-Scale Environments

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SHENZHEN, China, Aug. 20, 2025 /PRNewswire/ — Pudu Robotics, a global leader in service robotics, today launched the PUDU MT1 Max, an AI-powered 3D Perception Robotic Sweeper designed for the challenges of expansive and complex cleaning scenarios. As the newest member of the MT1 series — following the PUDU MT1 and PUDU MT1 Vac — the MT1 Max delivers a significant leap forward with next-generation 3D spatial perception, enhanced AI intelligence, and upgraded safety systems, setting a new standard for large-scale indoor and semi-outdoor cleaning in environments such as underground parking garages and semi-open building atriums.

PUDU MT1 Max: AI-powered 3D Perception Robotic Sweeper
PUDU MT1 Max: AI-powered 3D Perception Robotic Sweeper

Next-Generation 3D Perception for Smarter Navigation

Equipped with 3D LiDAR and multi-sensor fusion, the MT1 Max can “understand” complex environments with centimeter-level accuracy and detect objects up to 150 meters away. It accurately recognizes and interprets diverse scenarios — from ultra-high ceilings and glass roofs to semi-open areas and low-light settings — and maintains stable mapping and positioning even in high-interference conditions such as heavy dust, fog, or sandstorms. Enhanced 3D perception also powers more intelligent, real-time path planning, allowing the robot to navigate dynamically, optimize cleaning routes, and proactively avoid vehicles or unexpected obstacles with speed and precision.

Enhanced AI Intelligence for Precision and Efficient Cleaning

Driven by a dual-chip architecture that doubles computing power, the MT1 Max delivers faster recognition, more efficient computation, and stable performance even under heavy load or parallel tasks. Its deep hardware-software integration — combining sensors, wheel-hub motors, side brushes, and roller brushes — enables:

  • Adaptive Cleaning Strategies — Adjusts cleaning mode to debris weight and optimizes body positioning to capture trash precisely between dual side brushes.
  • AI Trash Recognition — Identifies multiple waste types in real time, with a self-learning database for improved accuracy.
  • AI Spot Cleaning — Uses ultra-wide scanning and patrols to detect and remove waste quickly for smarter, more efficient cleaning.

Exceptional Cleaning Performance with Automated Filter Cleaning

Retaining the MT1’s ability to sweep everything from fine dust and cigarette butts to leaves and beverage bottles in a single pass, the MT1 Max adds an internal vibration system that keeps filters clear in real time. This preserves suction and filtration efficiency, extends component life, and reduces the need for frequent manual maintenance. Combined with its 70 cm cleaning width, 35 L waste bin, and precise edge-to-edge cleaning, the MT1 Max ensures consistently high cleaning performance while minimizing downtime in large-scale operations.

Upgraded Autonomous Obstacle Avoidance

The MT1 Max features a fully enhanced obstacle avoidance system powered by advanced 3D LiDAR, providing sharper dynamic perception and improved environmental awareness. It can identify various dynamic obstacles — from vehicles to pedestrians and small animals — and apply tailored avoidance strategies. It can stop at intersections, yield in traffic lanes, or pause in parking zones to ensure smooth operation without disrupting surrounding activity.

Multi-Dimensional Safety Enhancements

The MT1 Max is engineered for reliability in challenging environments. Its IP54-rated protection shields against dust and splashes, while a water-drop sensor triggers a protective avoidance mode in adverse weather. A 1.2-meter-high beacon with bright lights enhances visibility for pedestrians and drivers, helping actively reduce potential risks.

Building on the operational excellence of the MT1, the MT1 Max offers long run-time with 24/7 operation enabled by automatic recharging, IoT integration for seamless coordination with smart infrastructure, remote management tools for real-time monitoring, and exceptional maneuverability in tight or obstacle-prone spaces — ensuring comprehensive coverage in even the most challenging environments.

The launch of the PUDU MT1 Max marks the third model in the MT1 series, following the PUDU MT1 (2024) and PUDU MT1 Vac (2025). With each addition, Pudu Robotics continues to expand its intelligent cleaning portfolio, offering tailored solutions for different spaces, debris types, and operational needs — empowering businesses worldwide to maintain cleaner, safer, and more efficient environments.

Learn more about PUDU MT1 Max: https://www.pudurobotics.com/en/products/mt1-max?utm_source=news&utm_medium=organic&utm_campaign=pr

About PUDU

Pudu Robotics, a global leader in the service robotics sector, is dedicated to enhancing human productivity and living standards through innovative robot technology. With a focus on R&D, manufacturing, and sales of service robots, Pudu Robotics emphasizes three core technologies: mobility, manipulation, and artificial intelligence. Pudu Robotics has taken the lead in establishing a comprehensive range of specialized, semi-humanoid, and humanoid robotic products in the industry. Currently, Pudu Robotics offers three product lines: service delivery robots, commercial cleaning robots, and industrial delivery robots, which are deployed across ten major industries, including food and beverage, retail, hospitality, healthcare, entertainment and sports, industrial facilities, education, and more. To date, Pudu Robotics has successfully shipped over 100,000 units to a variety of markets, with a presence in more than 1,000 cities across 80+ countries and regions worldwide.  For more information on business developments and updates, follow PUDU on LinkedIn, Facebook, YouTube, Twitter and Instagram.

 

Known as China’s logistics capital, Linyi has become a development hotspot of the private economy, said the Linyi City Government

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LINYI, CHINA – Media OutReach Newswire – 20 August 2025 – Known as China’s logistics capital, Linyi has become a development hotspot of the private economy. By the end of June, the city had cultivated over 1.54 million market entities, ranking second in Shandong province, according to statistics from the Linyi Municipal Government.

Among them, there were more than 1.53 million private market entities, accounting for 99.3 percent of the total, contributing over 90 percent of the city’s business revenue, industrial tax revenue, and employment for residents. Private investment accounted for 75.9 percent, ranking third in the province, surpassing the provincial average by 14.3 percentage points.

As a major gathering for entrepreneurs from across China and abroad, the 2nd Linyi Entrepreneurs Convention was held in Linyi from Aug 18 to 20, with the tagline “choose Shandong, gather in Linyi for win-win future”, showcasing the city’s vibrant private economy and development potential to the public.

With an unprecedented scale, the event featured the release of Shandong top 100 private enterprises list. There were more than 900 attendees including representatives from local enterprises, leading figures of private enterprises, and renowned experts and scholars, gathering in Linyi to express their deep feelings for their hometown and discuss major development plans. It also highlighted new policies to support private businesses, offering both financial incentives and comprehensive services.

Linyi is an important birthplace of Dongyi culture, an important part of Shandong culture, with the phoenix serving as its symbolic totem. The event introduced the Phoenix List to recognize and motivate local enterprises, symbolizing advancement and cultural identity.

The event launched site visits to Linyi’s 13 iconic industry value chains, ranging from food processing and modern medicine to agricultural machinery and high-end equipment. Activities like the “Linyi enterprise experience tour” and six matchmaking conferences were organized to foster collaboration along key industry value chains, aiming to boost investment, attract talent, and drive high-quality development in the city.

Linyi’s private economy is the foundation of its development, and its entrepreneurs are the backbone of its growth. The Linyi Entrepreneurs Convention serves as a key platform for private business leaders to exchange ideas and innovate. Starting next year, Linyi will make the conference an annual event, aiming to create a distinctive symbol for the city’s private sector, a shared celebration for its entrepreneurs, and a prestigious brand for the city.

Hashtag: #Linyi

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

About The Linyi Municipal Publicity Department

The Linyi Municipal Publicity Department is a key division within the Linyi Municipal Government, dedicated to advancing cultural development and fostering the construction of a spiritual civilization.

Hong Leong Bank Wins Three Awards at Asian Banking & Finance Retail Banking Awards, Affirming its Transformative Journey Towards Becoming the Best Run Bank in Malaysia

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 20 August 2025 – Hong Leong Bank (“HLB” or the “Bank”) has won awards in three coveted categories at the Asian Banking & Finance (“ABF”) Retail Banking Awards 2025, a testament to the significant progress the Bank has made in its 5 year bankwide transformation journey.

HLB’s Head of SME Banking, Woon Siew Hoong [Pic 1, left] and HLB’s Head of Cash Management, Alina Grace Tan Kui Kwoon [Pic 2, left] receiving their awards at the Asian Banking & Finance Retail Banking Awards 2025
HLB’s Head of SME Banking, Woon Siew Hoong [Pic 1, left] and HLB’s Head of Cash Management, Alina Grace Tan Kui Kwoon [Pic 2, left] receiving their awards at the Asian Banking & Finance Retail Banking Awards 2025

Best SME Bank in Malaysia: Driving Innovation and Accessibility for SME Customers

A pivotal aspect of HLB’s bankwide transformation and success story is its established leadership as a prominent SME bank. For the fourth consecutive year, HLB has been named the Best SME Bank in Malaysia by ABF. This recognition directly reflects the Bank’s diverse product offerings, pioneering digital innovations, and personalized advisory services, all meticulously designed to cater to the varied needs of its customers. HLB’s unwavering commitment to customer-centricity has translated into tangible success, with the Bank’s SME loans and financing portfolios achieving an impressive 11.6% year-on-year (“y-o-y”) growth, nearly double the industry average of 6.7%. This significant growth not only reinforces HLB’s strong market position but also vividly demonstrates its dedication to providing a seamless banking experience through increased accessibility and convenience. The Bank achieves this through its extensive branch network, flexible out-of-branch account openings, and intuitive digital platforms, all serving as effective touchpoints to ensure a comprehensive and effortless banking journey for every customer.

Domestic Cash Management Bank of the Year

Continuing its strong performance within the corporate banking sector, HLB has also been recognized as the Domestic Cash Management Bank of the Year. This award underscores how the Bank empowers its corporate and financial institution clients with sophisticated cash management solutions that streamline operations and enhance financial control, further contributing towards HLB’s bankwide transformation plan. By leveraging the Bank’s real-time API integration, businesses can automate fund transfers to beneficiaries on a same-day basis, eliminating manual intervention and ensuring timely access to funds. The Bank’s cash consolidation services also enable clients to streamline cash management by centralizing funds into a single account for better liquidity oversight and easier reconciliation. This comprehensive suite of services has led to the Bank consistently managing over 700 corporate clients with their cash management needs, boasting a remarkable 95.52% customer retention rate and over 99% utilization rate of its cash management platform.

Digital Transformation of the Year: Revolutionizing Credit Collections with Innovative Solutions and Artificial Intelligence

Aligned with its 5 year bankwide transformation plan, HLB has invested significantly in its digital capabilities, leading to the strategic implementation of AI, effective data management, and innovative digital banking solutions. This commitment to digital excellence culminated in the Bank winning the Digital Transformation of the Year award for its groundbreaking collections platform.

Since 2018, HLB has embarked on a pervasive transformation journey within its Collections team, fundamentally reshaping the collections process with an industry-first, fully integrated, web-based collections platform. The platform provides the Bank with a 360-degree view of its customers, strengthened by real-time information sharing, a predictive dialing system, an AI humanized voice bot, and secured remote working capabilities. These innovations have resulted in a 47% surge in monthly call volume and allowed 20% of HLB’s collections officers to be redeployed to higher-value tasks, showcasing the tangible benefits of this digital leap.

HLB’s 5 Year Bankwide Transformation Plan

Kevin Lam, HLB’s Group Managing Director and CEO, commented, “This isn’t just about winning awards; it’s about reimagining the way we do banking. Two years ago, we set out on our bankwide transformation plan, and these three accolades prove that we are on the right track. This vision has defined our operating cadence, where we have reevaluated existing structures, reimagined the customer journey, and unleashed a wave of innovation throughout the Bank that is redefining what we can be to our customers. Looking ahead, we strive to continue on our transformation journey, implementing digital innovations while preserving that human touch to ensure we provide an elevated banking experience for all our customers.”

For more information on HLB’s business banking solutions, please visit: https://www.hlb.com.my/en/business-banking/home.html

Hashtag: #HongLeong #HLBB

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

About Hong Leong Bank Berhad

Please visit

OMOWAY Founder on CNBC, Shares E-Motor Industry Insight and Invites Partners to Pioneer Indonesia’s Smart Mobility Future

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JAKARTA, Indonesia, Aug. 20, 2025 /PRNewswire/ — OMOWAY, an innovative electric motorcycle technology startup, was recently featured on CNBC Indonesia’s popular program, “Autobizz”. During the segment, founder Todd He shared his vision and insights into the smart electric motorcycle industry. Following the interview, OMOWAY extended an invitation to prospective dealers, signaling a new phase of collaboration to pioneer Indonesia’s smart e-mobility future.


Todd He, also an original co-founder of the celebrated EV brand XPeng, highlighted that Indonesia’s market is in a “golden phase” for electric mobility much like China’s early EV growth. He explained that this imminent trend is fueled by falling battery costs, innovative players with superior products and a clear strategy, as well as strong momentum from both government support and a tech-savvy youth population.

“OMOWAY’s entry is perfectly timed,” stated Todd He. “We are bringing not only E-Motorcycle, but also a decade of successful experience and technological expertise from the smart EV market. We sincerely welcome local partners to join us in riding this historic wave.”

Demonstrating its commitment to local growth, OMOWAY expects to achieve a 50% local content rate (TKDN), with its production line and office block set to be operational by year-end. A strong partnership with local auto-grade suppliers will also guarantee the electric motorcycles deliver outstanding quality, reliability, and safety.

The Dealer Partnership Program is designed to build a robust distribution network and offers a comprehensive support system for partners to achieve their final goals – sales driving. It includes:

Exclusive product advantages: Adhering to higher auto-grade standards, OMOWAY’s smart E-Motorcycle adapts auto-grade components and a self-developed algorithm optimized for road conditions in Indonesia. The operational savings over five years can even offset the cost of a new traditional motorcycle. With a nearly 200 km range, a comprehensive charging network at dealerships and a dedicated app, OMOWAY provides a complete solution to address customer needs.

Complete Brand & Marketing Support: Top-tier localization team fully provides region-specific marketing strategies and support, as well as assistance in brand events.

Professional Training: Comprehensive training for sales, service, and technical maintenance to ensure your team is equipped for success.

Cutting-Edge Technology Empowerment: Integration with advanced dealer management systems to boost operational efficiency and customer service.

Since its launch, OMOWAY’s prototype OMO X has garnered widespread global attention, including the U.S., the Europe, the Middle East, Japan, Brazil etc., powerfully validating its international potential and market appeal. The invitation to appear on CNBC indonesia, a top financial media outlet in Indonesia, also reaffirms the immense international potential and market appeal of OMOWAY’s product.

Dealers are welcome to connect with OMOWAY. For more information, please visit www.omoway.com.

About OMOWAY:

OMOWAY is a mobility tech innovator founded by XPENG’s original co-founder and former executives. Driven by a mission to drive intelligence and sustainability globally, OMOWAY aims to provide next-generation smart mobility solutions by adapting its self-developed automotive-grade technology into e-motorcycles and wider areas, realizing its vision to deliver innovative smart experiences to every life. OMOWAY has secured tens of millions in funding from heavyweight backers including Hongshan (Sequoia China), ZhenFund, and HUI Capital. The founding team’s personal investment underscores their passionate belief.

HGC Appoints Argon Ho as Chief Commercial Officer of Group ICT Business

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HONG KONG SAR – Media OutReach Newswire – 20 August 2025 – HGC Global Communications (“HGC” or the “Group“), a fully-fledged ICT service provider and network operator with extensive global coverage, today announced the appointment of Argon Ho as Chief Commercial Officer – Group ICT Business, with immediate effect. In this role, Argon will oversee the Group’s ICT organisation and enhance ICT spread out — driving the Group horizontal growth across cybersecurity, digital solutions and cloud through AI, while pursuing project-based vertical penetration within existing accounts and into new markets, and concurrently expanding HGC’s international footprint.

Argon Ho, Chief Commercial Officer – Group ICT Business at HGC
Argon Ho, Chief Commercial Officer – Group ICT Business at HGC

With over 30 years in ICT, Argon is a widely recognised leader in Greater China’s technology market, especially in enterprise software and applications. His extensive expertise spans strategic planning, cyber security, and data governance. Prior to joining HGC, he honed through tenures as Managing Director of Check Point Software Technologies for the Greater China Region and General Manager at Cisco Hong Kong and Macau. Beyond his corporate achievements, Argon actively contributes to the community through advisory and directorial roles in organizations such as the Institute of Big Data Governance, the eHealth Consortium, and the Senior Citizen Home Safety Association, among others.

In his new role, Argon will champion the growth of ICT business by accelerating the adoption of cutting-edge technologies, simplifying digital transformation for clients, and delivering AI empowered ICT solutions and platform that meet the evolving needs of mass market, corporate and SME customers. Argon will also support corporate customers in expanding their business overseas seamlessly by leveraging the Group’s regional strengths. Additionally, he will drive the Group regional expansion by strengthening system integration and enhancing ICT and digital solutions locally and internationally.

Andrew Kwok, Chief Executive Officer of HGC, said, “We are delighted to welcome Argon to HGC. His expertise and leadership will help advance our ICT strategies and support the Group’s continuous growth in the region. Argon’s appointment reinforces our focus on expanding our ICT business and achieving our goal of advancing global connectivity and innovation. We are confident that, under Argon’s leadership, our ICT business will reach new heights, unlock future growth opportunities and further enhance our competitiveness in dynamic markets.”

Argon Ho, Chief Commercial Officer – Group ICT Business at HGC, said, “I am honored to join HGC and its dynamic and innovative team. Leveraging the Group’s robust regional infrastructure, strong ecosystem partnerships, and pool of top talent, we are well-positioned to harness emerging technologies like AI to deliver customized ICT solutions that empower clients at every level on their digital transformation journey. Moving forwards, we will focus on AI integration, cybersecurity, and regional expansion, to drive the continued growth of our ICT business and reinforce HGC’s reputation as a leading provider of innovative ICT solutions.”
Hashtag: #HGC #HGC環電 #Leadership #HGCInternationalBusiness #GlobalGrowth #ICT #DataStrategy #DigitalInfrastructure #CarrierCollaboration #Telecommunications #CloudCommunications #GoAhead #GotYourBack




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

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia.

To learn more, please visit HGC’s website at:

Accelerating Global Expansion! Yili Shines at FIBA Asia Cup in Saudi Arabia with Joyday and Cremo, Boosting Middle East Market Growth

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­JEDDAH, Saudi Arabia, Aug. 20, 2025 /PRNewswire/ –The 2025 FIBA Asia Cup captivated basketball fans in Jeddah from August 5-17, featuring 16 elite national teams in intense competition. As FIBA’s Global Partner, Yili Group brought its overseas ice cream brands Joyday and Cremo to the tournament, ­seizing the opportunity to amplify its Middle East expansion.

In August, temperatures in Jeddah soared to nearly 40°C, Joyday and Cremo set up four all-day ice cream stations along venue corridors, offering spectators and staff a diverse range of treats. During breaks, MC announcements echoed: “Attention fans! Joyday and Cremo are giving away free products at official concessions—first come, first served!”. From cones and sticks to cups and sandwiches, the various ice cream drew crowds from the Philippines, Saudi Arabia, Jordan, Lebanon, and beyond. Praise poured in for the brands’ “premium ingredients” and “innovative flavors,” making them a hit on the ground.

Fans enjoy ice cream from Yili’s Joyday and Cremo brands during FIBA Asia Cup 2025
Fans enjoy ice cream from Yili’s Joyday and Cremo brands during FIBA Asia Cup 2025

Saudi Arabia’s scorching summer drives strong demand for ice cream. In late 2023, Joyday brand quickly seized the opportunity of expansion into Saudi market. Leveraging the brand influence and product superiority, as well as the local distribution strength, Joyday ice-cream monthly sales surged from 40,000 to 500,000 pieces. Joyday’s hero product, Crunchy Chocolate Malt, gained popularity for its rich chocolate flavor and multi-layered texture.

In June 2025, Cremo, another ice cream brand of Yili, officially launched in Saudi Arabia, debuting in key cities including Riyadh, Jeddah, Dammam, Mecca, and Medina. Backed by strong local distribution, its differentiated Thai products like Choco Crush, Pilot, and Potong have reached supermarkets and community stores, offering Middle Eastern consumers exciting new options. “Cremo’s unique texture appeals to both adults and children—it’s a hit!” said local consumer.

Accelerating Global Expansion! Yili Shines at FIBA Asia Cup in Saudi Arabia with Joyday and Cremo, Boosting Middle East Market Growth
Accelerating Global Expansion! Yili Shines at FIBA Asia Cup in Saudi Arabia with Joyday and Cremo, Boosting Middle East Market Growth

The success of Joyday and Cremo in the Middle East reflects Yili Group’s extensive global capabilities. As a top five global dairy leader and Asia’s No.1 dairy company, Yili operates 15 innovation centers, 81 production bases­, and collaborates with over 2,000 partners worldwide. It has wide-ranging portfolio of liquid milk, milk powder, yogurt, cheese, and ice cream, which are now enjoyed in more than 60 countries and regions. Looking ahead, Yili will continue deepening its international presence by leveraging major sports events as cultural bridges for mutual communication and with the goal to deliver a healthier, brighter future for consumers worldwide.

Moomoo’s Parent Company Futu Releases Q2 2025 Results: Net Income up 105% YoY to US$339 Million

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JERSEY CITY, N.J., Aug. 20, 2025 /PRNewswire/ — Moomoo’s parent company Futu Holdings Ltd. (“Futu” or “the Company”) (Nasdaq: FUTU), a leading global tech-driven online brokerage and wealth management platform, announced its unaudited Q2 2025 earnings with US$676.6 million in revenues, up 69.7% year-over-year (“YoY”), and US$338.8 million in non-GAAP adjusted net income, up 105.2% YoY.

Moomoo's Parent Company Futu Releases Q2 2025 Results: Net Income up 105% YoY to US$339 Million
Moomoo’s Parent Company Futu Releases Q2 2025 Results: Net Income up 105% YoY to US$339 Million

As of June 30, 2025, the Company reported 27.12 million registered users, 5.24 million brokerage accounts and 2.88 million funded accounts. The Company’s total client assets surged to US$124 billion, demonstrating an accelerated growth of 17% quarter-over-quarter (“QoQ”) and 68% YoY. Notably, the Hong Kong market reported strong net inflows, with average client assets increasing QoQ by double digits, while the Singapore market posted robust user growth, with one in every two Singapore residents now a moomoo user [1].

In Q2, the Company’s total trading volume across its platforms grew by 12% QoQ and 121% YoY to US$457 billion, with US equities hitting US$343 billion, an all-time high. Singaporean, Australian, Japanese, and Canadian equities also recorded historical highs in quarterly trading volume.

Cryptocurrency and AI Lead Product Innovation

In the second quarter, cryptocurrency assets grew significantly by 43% QoQ across the Company’s platforms. As the Company charts an ambitious course for the future of fintech, it has placed cryptocurrency expansion at the forefront of its business strategy. Following successful launches in Hong Kong and Singapore, the Company has introduced Moomoo Crypto to US investors. It is actively exploring and accelerating the rollout of cryptocurrency trading services across its global markets, aiming to build a one-stop investment platform that seamlessly connects virtual assets with traditional finance.

At the same time, the Company is striving to build an end-to-end virtual asset infrastructure lifecycle. Leveraging multiple licenses obtained from regulators of various markets, the Company is set to provide a wide range of services including custody, matching and trading for virtual assets. The Company has launched cryptocurrency deposit and withdrawal services in Hong Kong, and has announced plans to explore offering around-the-clock on-chain tokenized money market fund trading services. In the future, the Company intends to offer more compliant crypto-related features to global investors.

In addition to cryptocurrency, Artificial Intelligence (“AI”) has been in the spotlight as more AI applications emerge in the fintech realm. In Q2, the Company introduced its self-developed blockbuster feature, Moomoo AI, an AI chatbot that empowers users worldwide to make smarter investment decisions with cutting-edge technologies. More advanced tech-driven functions are available in Moomoo Membership, which aims to provide exclusive premium benefits to members and provide value-added services.

The Company continues to upgrade its platform features and enrich its product selections to meet various investor demands. In Japan, moomoo further expanded its capabilities in US stock assets by launching US stock options trading. In Malaysia, moomoo introduced IPO financing and earnings calendar features, enhancing the Malaysian stock trading experience. Meanwhile, the Company is improving trading features across various platforms, including launching the Options Strategy Builder feature on mobile and enabling funds and bonds trading on desktop. The recent Bullish IPO attracted strong interest on moomoo US platform, with 100% of moomoo subscribers successfully securing the shares. The moomoo app maintained the top position in Q2 downloads among local stock trading apps in Australia, Malaysia, Singapore, and Hong Kong [2].

Localization Strategy Drives Long-Term Market Growth

In response to the rapid increase in demand for cryptocurrency and options related content from global users, moomoo introduced several dedicated educational sections within the in-app community. By the end of the second quarter, the community reported quarterly growth in daily active users, user generated content, and user engagement, with almost two million visits to the community’s free educational online courses.

In addition to online courses, moomoo also partnered with various organizations to promote financial literacy. In collaboration with Nasdaq and Japan Exchange Group, moomoo hosted its flagship offline event — MooFest in Japan, attracting around 3,000 investors. Moomoo Malaysia joined forces with Bursa Malaysia to promote financial literacy, advancing the development of the local investment market. In the US, Moomoo Foundation and W!se, an educational nonprofit, presented awards to 100 high schools for their educational excellence in finance. Additionally, moomoo made a bold new presence at Citi Field, home of the American professional baseball team the New York Mets, with a 36-foot high moomoo signage, which significantly amplifies moomoo’s brand visibility and recognition around the New York tri-state area. Moomoo also partnered with J.P. Morgan for the J.P. Morgan Corporate Challenge Singapore 2025 to promote wellness and an active lifestyle.

Moomoo’s dedicated localization efforts and product strengths garnered wide recognition across global markets, underscoring its growing influence in the fintech domain. In Malaysia, moomoo was honored by Bursa Malaysia with two prestigious awards – “Top Broker – Highest Number of New Accounts” and “Top Broker – Highest Traded Value”. In Australia, moomoo secured the “2025 Canstar Outstanding Value” awards for traders, active investors, and casual investors, a testament to its broad appeal and “customer-first” business philosophy. In Singapore, moomoo clinched the “Fintech – Private Wealth Management” award at the SBR Technology Excellence Awards 2025. With all these accolades, moomoo reaffirms its commitment to enhancing customer value. The Company will continue to widen the products and features on the platform while maintaining its first-class services.

[1] Refers to moomoo users among Singapore’s resident population aged 20–70, based on 2024 year-end demographic statistics from the Singapore Department of Statistics

[2] Source: data.ai

About moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by more than 27 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit moomoo’s official website at www.moomoo.com

CONTACT: pr@moomoo.com

 

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