VICTORIA, Seychelles, June 3, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, will participate as one of the Major Sponsors at the upcoming Solana Summit APAC 2025, taking place June 5-7 in Da Nang, Vietnam. The summit will showcase MEXC’s deepening commitment to the Solana ecosystem and introduce innovative community engagement initiatives designed to strengthen partnerships with builders and developers across the region.

Building Strategic Partnerships in the SOL Ecosystem

MEXC’s participation at Solana Summit APAC will reinforce the exchange’s position as a trusted partner for Solana builders and innovators. The company’s presence at the summit embodies their core message: “Build on SOL, grow with MEXC.” This strategic positioning will set the stage for an upcoming SOL ecosystem promotion campaign scheduled to launch in late July 2025.

The three-day summit will attract developers, founders, venture capitalists, and crypto enthusiasts from across the global Solana ecosystem, providing MEXC with a premier platform to engage with key stakeholders and expand its presence within the developer community.

Interactive On-Site Activations and Community Engagement

MEXC will launch an innovative Treasure Hunt Activation during the summit, featuring five unique sticker designs incorporating the MEXC logo and QR codes linking to the company’s official social media channels. Participants who locate all five stickers hidden throughout the event venue will be eligible to redeem exclusive co-branded merchandise at the MEXC booth. This gamified approach reflects MEXC’s commitment to fostering meaningful community interactions and creating memorable experiences for summit attendees while amplifying the company’s regional presence.

Thought Leadership and Industry Expertise

On June 5, Yuky Tran, COO of MEXC Vietnam, will participate in a panel discussion addressing critical industry challenges. The session, scheduled from 11:05-11:35 AM, will explore “What roles do DEX’s or launchpads play in protecting retail investors from scams?” Tran will join industry leaders including representatives from Outlaw, HawkFi, SecondSwap, and Meteora to discuss investor protection strategies and platform responsibilities.

Additionally, YY, Head of Listing of MEXC Ventures, will be at the exclusive VC Demo Day on June 7, a curated four-hour event designed to explore Vietnam’s emerging role as a launchpad for Decentralized Physical Infrastructure Networks (DePIN). The invite-only gathering will bring together 70-100 attendees, including DePIN builders, Solana ecosystem leaders, venture capitalists, and Web2 companies from AI, IoT, energy, logistics, and XR sectors seeking to integrate real-world DePIN applications.

Strengthening the Global Solana Community

MEXC’s major sponsorship of the Solana Summit APAC demonstrates the exchange’s strategic commitment to supporting the broader Solana ecosystem while establishing stronger connections with the developer community across Asia-Pacific markets. The summit participation will serve as a launching pad for expanded regional initiatives and partnerships throughout 2025.

The Solana Summit APAC 2025 will bring together the region’s most innovative blockchain projects, developers, and industry leaders, making it an ideal venue for MEXC to showcase its dedication to fostering growth within the Solana ecosystem.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website ｜ X ｜ Telegram ｜How to Sign Up on MEXC

The company is being recognized for its technological innovation, customer-centric approach, and market-leading on-premises DDoS defense solutions across the Asia-Pacific cybersecurity landscape.

SAN ANTONIO, June 3, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that NSFOCUS has been recognized with the 2025 Asia-Pacific Competitive Strategy Leadership Award in the Anti-DDoS industry for its outstanding achievements in delivering cutting-edge, scalable, and cost-effective DDoS protection solutions. This recognition highlights NSFOCUS’s continued leadership in driving intelligent innovation, enhancing customer experience, and solidifying its competitive positioning in an increasingly complex threat environment.

This recognition highlights NSFOCUS’s continued leadership in driving intelligent innovation, enhancing customer experience, and solidifying its competitive positioning in an increasingly complex threat environment.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. NSFOCUS excelled in both, demonstrating an exceptional ability to translate strategic foresight into scalable, impactful action. “Driven by a steadfast focus on customer success, NSFOCUS consistently enhances its solutions to deliver exceptional experiences across all touchpoints. Its flexible pricing models cater to businesses of every scale, while dedicated product teams continually refine both hardware and virtual offerings to ensure high performance at competitive costs. With strategically located scrubbing centers across APAC, NSFOCUS boosts mitigation capacity and reduces latency and downtime for WAAP services, supporting seamless and uninterrupted operations,” said Vivien Pua, senior industry analyst, cybersecurity, at Frost & Sullivan.

Guided by a long-term strategy centered on innovation, regional partnerships, and customer empowerment, NSFOCUS has displayed remarkable agility in addressing shifting cyberthreats while elevating value for enterprises of all sizes. Through sustained investment in next-generation threat detection and mitigation capabilities, the company has successfully scaled its presence across APAC, enabling faster and more reliable protection in diverse, high-risk network environments.

Innovation remains a central tenet of NSFOCUS’s approach. Its flagship On-Premises DDoS Defenses suite—including the Network Traffic Analyzer (NTA), Anti-DDoS System (ADS), and ADS Manager (ADS-M)—empowers organizations to swiftly identify, neutralize, and monitor the most sophisticated volumetric and application-layer attacks.

NSFOCUS’s commitment to delivering a superior customer experience further distinguishes it in the market. By integrating AI-driven threat detection, automation, and real-time reporting through systems like ADS-M and the Active Defense Business Operating System (ADBOS), the company simplifies network defense operations while enhancing accuracy and efficiency. Its customer-centric portal design and flexible deployment models reflect a deep understanding of the operational and economic realities faced by enterprises today.

Frost & Sullivan commends NSFOCUS for setting a benchmark in strategic execution and market responsiveness. The company’s relentless focus on innovation, client success, and regional collaboration exemplifies best-in-class leadership in cybersecurity. With a robust pipeline of intelligent technologies and a culture rooted in proactive adaptation, NSFOCUS continues to redefine anti-DDoS protection in Asia-Pacific.

Each year, Frost & Sullivan presents the Competitive Strategy Leadership Award to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The award recognizes forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Tarini Singh
E: Tarini.Singh@frost.com 

Average travel spending on holiday activities grew by 8.8% YoY

HANGZHOU, China, June 3, 2025 /PRNewswire/ — Fliggy, a leading online travel services platform and a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), has released insights into travel trends for the 2025 Dragon Boat Festival holiday, highlighting a sustained demand for high-quality travel experiences. Data shows that bookings for domestic customized tours surged by over 50% year-on-year (YoY), while domestic hotel packages combining accommodation with entertainment and dining options grew by 20%.

Travelers demonstrated increased spending power, with average expenses on tickets, camping experiences, and chartered tours rising by 8.8% compared to last year’s holiday period.

Staycations and cultural experiences on the rise

This year, many travelers opted for visits to theme parks or resorts with family and friends. Ticket sales for major attractions and theme parks on the first day of the holiday increased by 25% YoY, while comprehensive packages that included dining and entertainment experienced a remarkable 140% surge in bookings.

With southern China entering its rainy season, the hot and humid weather led many travelers to enjoy hotel-based retreats. Properties enhanced their offerings with traditional festival activities, such as making zongzi (glutinous rice dumplings), handcrafting five-color bracelets, and creating aromatic sachets, attracting guests seeking cultural experiences. Among all accommodation types, luxury resorts and boutique homestays recorded particularly strong booking growth during the holiday period.

Short-distance travel dominates holiday plans

During the three-day holiday, travelers favored short-distance road trips and nearby getaways. According to Fliggy data, domestic car rental bookings jumped by approximately 30% YoY, with flexible pickup and return options proving particularly popular. Top self-drive destinations included Urumqi, Chengdu, Sanya, Haikou, and Beijing.

The most popular domestic destinations included Shanghai, Beijing, Hangzhou, Chengdu, Guangzhou, Shenzhen, Nanjing, Chongqing, Xi’an, and Wuhan. Meanwhile, emerging locations such as Beitun (Xinjiang), Jincheng (Shanxi), Qiongzhong (Hainan), Qingyuan (Guangdong), Wuwei (Gansu), Nujiang (Yunnan), Dezhou (Shandong), Fangchenggang (Guangxi), and Kaifeng (Henan) showed the fastest booking growth, alluring travelers with their unique cultural and natural attractions in less crowded environments.

For outbound travel, the most sought-after destinations included Japan, South Korea, Hong Kong SAR, Thailand, Malaysia, Vietnam, Singapore, France, Indonesia, and the United States, with short-haul flights (under four hours) being particularly popular. Notably, countries such as Poland, Iceland, Finland, Bhutan, Uzbekistan, Laos, Azerbaijan, Kazakhstan, Tanzania, and Georgia experienced substantial growth in bookings, drawing travelers with their pleasant climates and distinctive cultural offerings.

About Fliggy

Fliggy is a wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter)), and is one of the leading online travel platforms in China. Fliggy places a strong emphasis on innovation in its products and services, catering to the increasingly personalized and diversified needs of consumers in both China and overseas markets.

Leveraging Fliggy’s advantage as part of the Alibaba ecosystem, merchants can benefit from the vast user base within the Group. Fliggy also collaborates with partners through a full-service management format, helping more merchants, especially small and medium-sized ones, easily and efficiently share opportunities enabled by digitalization.

Fliggy’s long-term strategy is to promote the digital transformation of the tourism industry, using an open platform and mechanisms to help the industry make better use of digital business infrastructure for their operations.

HONG KONG, June 3, 2025 /PRNewswire/ — Tiger Brokers (HK) Global Limited (“Tiger Brokers (HK)”), a leading global online brokerage firm, proudly celebrated the grand opening of its new office today on the 23(rd) floor of Li Po Chun Chambers, 189 Des Voeux Road Central, Hong Kong. This opening marks a significant milestone in the Company’s local market development. The new office integrates innovative technology and professional financial services, further solidifying Tiger Brokers’ position as a financial technology leader in Asia and demonstrating its long-term commitment and strategic investment in Hong Kong.

During the opening ceremony, Wu Tianhua, Founder and Chief Executive Officer of Tiger Brokers, presided over the ribbon-cutting and delivered a speech. He stated: “Tiger Brokers has always been committed to driving financial innovation through technology. Hong Kong, as an international financial hub, possesses superior market depth and professional talent, making it an indispensable part of our global strategic layout. In the first quarter of 2025, our performance in the Hong Kong market was outstanding, with new funded clients averaging over USD30,000 in net deposits, fully validating the market’s potential.”

Also present at the event, John Zeng, Chief Financial Officer of Tiger Brokers, added: “This office upgrade is not just an expansion of our physical space; it represents a comprehensive enhancement of our business model and user experience. Moving forward, the Company plans to increase hiring and further expand the Hong Kong team to support business development and innovation projects, consolidating our leading position in the global fintech brokerage sector.”

The new office spans nearly 10,000 square feet, integrating core departments including technology R&D, prime brokerage, clearing and trading, customer service, operations, and marketing teams. The design incorporates ESG principles, utilizing energy-saving materials and green lighting. It features a customer interaction experience zone with an open layout to host various investment education activities, including seminars, financial lectures, and high-end client events. Through a combined online and offline investment teaching model, such as market analysis live streams and professional workshops, the office aims to help investors precisely grasp market dynamics and enhance their wealth management capabilities.

To celebrate the new office opening, Tiger Brokers (HK) is launching the following limited-time offers:

• New User Welcome Gift: From today until June 30, 2025, new users who register and open an account can receive a gold ETF stock worth HKD 168.
• Retention Reward: New users who maintain an asset level of HKD 50,000 for 60 days following account opening will receive an additional HKD 450 trading cash voucher.

The Tiger Brokers (HK) team will continue to advance financial technology innovation, including leading innovative projects that merge Web3 and Web2, exploring blockchain technology applications in financial services, and providing customers with safer and more convenient investment tools. This commitment aims to meet diverse customer needs while steering the future direction of the industry.

Following the opening, the customer service address and details for Tiger Brokers (HK) are as follows, with the customer service hotline remaining unchanged:

Address: 23/F, Li Po Chun Chambers, 189 Des Voeux Road Central, Hong Kong

Business Hours: 9:30am-5:30pm (Monday to Friday)

Customer Service Hotline: +852 2127 0666

About Tiger Brokers (HK)

Tiger Brokers (HK) Global Limited (Central number: BMU940) holds type 1, 2, 4, 5 and 9 licenses of the Securities and Futures Commission. Starting from November 30, 2022, with Tiger Trade, Tiger Brokers’ flagship app, Hong Kong users can trade financial products from major markets around the world, such as Hong Kong stocks, warrants, options, US stocks, US fractional shares and ETFs, among others, providing a one-stop solution to their investment needs. In the future, we will continue to expand our trading markets and categories to better serve Hong Kong investors.