Home Blog Page 463

Youlife Group Inc. Reports Full Year 2025 Financial Results

  • Revenues up 16.9% year-over-year to RMB 1,854.3 million
  • Employee management services revenue increased by 24.4% over last year
  • Net Profit of RMB 42.7 million in fiscal 2025 vs a net loss in 2024
  • Cash and cash equivalents increased 14.0% in the year compared to the prior period

SHANGHAI, April 28, 2026 /PRNewswire/ — Youlife Group Inc. (“Youlife,” “we” or “our”) (NASDAQ: YOUL), a leading blue-collar lifetime service provider in China, today announced its financial results for the fiscal year of 2025 ended December 31, 2025.

Financial Highlights for the Fiscal Year 2025

  • Total revenues increased by 16.9% from RMB1,585.6 million for fiscal year 2024 to RMB1,854.3 million (US$265.2 million) in fiscal year 2025.
  • Gross margin was 10.4% in fiscal year 2025 vs. 14.5% in 2024.
  • Operating income was RMB6.8 million (US$0.9 million) for 2025 vs. RMB40.5 million for fiscal 2024.
  • Net profit was RMB42.7. million (US$6.1 million) for fiscal year 2025 vs. a net loss of RMB52.4 million for the prior fiscal year.

Recent Developments 

Strategic cooperation with Innova Tree:

On February 3, 2026, Youlife announced that it entered into a non-binding memorandum of understanding (“MOU”) for strategic cooperation with Innova Tree, a Kazakhstan-based limited liability company with strong local capabilities in vocational education operations and government coordination.

Under the MOU, Youlife and Innova Tree will pursue comprehensive collaboration across vocational education, skills training, workforce and talent services, and selected cultural tourism-related labor programs. This partnership aims to drive the bilateral mobility of professional talents between China and Kazakhstan, while facilitating a cross-border “training-certification-internship-employment” closed-loop to establish a new paradigm for Youlife’s international vocational education ecosystem.

Intention to joint develop Waas platform with VCI:  

On January 28, 2026, Youlife announced that it entered into a non-binding letter of intent, expressing the intention to jointly develop, deploy, and commercialize a robotics-enabled workforce-as-a-service (“WaaS”) platform in strategic collaboration with VCI Global Limited (“VCIG”).

The platform will integrate robotics, artificial intelligence and human workforce management to deliver a guaranteed productivity capacity to enterprises and industrial clients across ASEAN and selected international markets.

Intention to acquire Anlian HR:

On January 23, 2026, Youlife announced that it entered into a non-binding letter of intent, setting forth the parties’ preliminary intention for Youlife to acquire Anlian HR Limited (“Anlian HR”), a well-established OMO (Online-Merge-Offline) blue-collar recruitment platform provider in China.

This potential combination could support Youlife’s long-term strategy to build a comprehensive, full-cycle blue-collar talent services ecosystem by enhancing recruitment delivery capabilities, strengthening offline service execution, and advancing lifecycle workforce management.

Aquisition of Youhe HR:

On January 22, 2026, Youlife, YouheHR Group Inc., a company organized under the laws of the Cayman Islands (“YouheHR”), and Lightred Investment Co., Ltd., a company organized under the laws of British Virgin Islands (the “Seller”) entered into a share exchange agreement (the “Agreement”). Upon closing, YouheHR will become a wholly-owned subsidiary of Youlife.

Pursuant to the Agreement, Youlife has agreed to acquire all of the issued and outstanding shares of YouheHR from the Seller, in exchange for certain newly issued 4,967,810 Class A ordinary shares of Youlife. The transaction under the Agreement is expected to consummate in May 2026.

Strategic Partnership with Sealand:

On January 9, 2026, Youlife announced a strategic partnership with Sealand Maritime Service Co., Ltd. (“Sealand”) to build a new talent ecosystem for high-end cruise tourism services. Sealand is a leading cruise crew recruitment and dispatch company in China. The two parties have jointly established Xiamen Youlife Sealand International Cultural Tourism Development Co., Ltd., a joint venture dedicated to building an integrated talent development and placement platform for the global cruise and cultural tourism industries. The platform aims to align vocational training, certification, and international employment resources to meet the rapidly expanding demand for cruise service professionals.

Changes in Board of Directors and Management

On April 13, 2026, the board of directors of Youlife (the “Board”) appointed Mr. Tianshi Yang as the Chief Strategy Officer, immediately effective.

The Board nominated and appointed Ms. Liqun Yao as a Director on November 21, 2025, and Mr. Lidong Zhu resigned from the Board, effective from November 21, 2025. Ms. Yao was appointed as Youlife’s acting Chief Financial Officer to replace Mr. Zhu.

The Board also nominated and appointed Mr. Jianming Yan as an independent Director of the Board, a member and the chairman of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board, which took effect on November 21, 2025.

With these changes, the Board now consists of seven directors, including three independent directors.

Management Remarks

Mr. Yunlei Wang, Founder, Chief Executive Officer and Chairman of the Board of Youlife, commented on Youlife’s recent performance, “In fiscal 2025, we built a solid foundation and strategically positioned our business to help us achieve our expansion and growth strategy of our products and services throughout international markets. We advanced our discussions with future acquisition targets and continued our evaluation of how these target companies will benefit our business goals and initiatives. Additionally, we advanced our transition from a focus on organic growth to a dual-engine strategy that balances internal expansion with strategic acquisitions. In December, we announced our intention to acquire four regional human resources service companies, which we expect to broaden our geographic reach, enhance network density, and create opportunities for future operational synergies. Furthermore, during the latter half of fiscal year 2025, we made key changes to our management team and board of directors to put a team in place that best aligns with Youlife’s strategy and plans for future success.”

“As we look to fiscal 2026, we have continued to build on our momentum, with our January announcement of a joint venture agreement with Sealand, a leading cruise crew recruitment and dispatch company in China. The collaboration with Sealand represents a significant step forward in Youlife’s strategy to deepen its presence in specialized service sectors and to expand its global talent supply chain. We expect that this partnership will create a comprehensive, closed-loop model for talent development in the cruise and cultural tourism industries, spanning training, certification, international placement, and long-term service support. Later in the month, we entered into a letter of intention to acquire Anlian HR, a well-established Online-Merge-Offline blue-collar recruitment platform provider in China. Further, we expressed interest to jointly develop, deploy, and commercialize a robotics-enabled workforce-as-a-service platform in strategic collaboration with VCI Global Limited. The initiative will position us at the forefront of industrial automation and workforce transformation across ASEAN and emerging markets. The platform will integrate robotics, artificial intelligence and human workforce management to deliver a guaranteed productivity capacity to enterprises and industrial clients across ASEAN and selected international markets. I am excited about the opportunities that lie ahead for our business. We have an exciting pipeline of new acquisition targets that will give us the opportunity to expand our product and services to new overseas markets and allow us to diversify our revenue base and maximize market share penetration. We continue to focus on executing on our acquisitions and scaling the business efficiently to drive value for our shareholders,” Mr. Wang concluded.

Mr. Tianshi Yang, Chief Strategy Officer of Youlife, added, “We are pleased with our financial performance in fiscal year 2025. Revenues grew by 16.9% year-over-year and reported a net profit of RMB42.7 million or US$6.1 million compared to a net loss in the prior year period, and cash and cash equivalent increased by about 14.0% compared to last year. Looking ahead, we will be focused on executing our acquisition and integration strategy while emphasizing capital discipline and alignment, to allow Youlife to pursue expansion while preserving financial flexibility. In fiscal year 2026, we have found several acquisition targets that will be instrumental to maximizing revenue growth, margins, and profitability. By structuring the coming deals through an equity-based acquisition model with performance alignment, it will provide us the opportunity to aim to balance growth objectives with prudent financial management, while keeping our focus on long-term value creation.”

Financial Results for Fiscal Year 2025

Total revenues increased by 16.9% from RMB1,585.6 million for the year ended December 31, 2024, to RMB1,854.3 million (US$265.2 million) for the year ended December 31, 2025, due to increases in revenues generated from employee management services.

  • Vocational educational services. Revenues generated from vocational education services decreased by 9.8% from RMB50.0 million for the year ended December 31, 2024, to RMB45.1 million (US$6.5 million) for the year ended December 31, 2025, primarily due to termination of some education services which had long-term payback periods.
  • Employee management services. Revenues generated from employee management services increased by 24.4% from RMB1,382.6 million for the year ended December 31, 2024 to RMB1,719.6 million (US$245.9 million) for the year ended December 31, 2025. This growth was driven by an expanding corporate client base and rising demand for blue-collar labor. We captured this through optimized business controls and our integrated lifecycle value chain model. Furthermore, we successfully shifted our focus toward acquiring high-value clients in new industries and economies with significant outsourcing needs.
  • HR recruitment services. Revenues generated from HR recruitment services decreased by 27% from RMB24.2 million for the year ended December 31, 2024 to RMB17.7 million (US$2.5 million) for the year ended December 31, 2025. The decrease was primarily driven by a lower average service fee, as large-scale corporate clients opted for multi-settlement structures for high-fluidity roles. Additionally, a portion of our HR recruitment services was divested following the discontinuation of certain operations.
  • Marketing services and solutions. Revenues generated from marketing services decreased by 44.2% from RMB128.8 million for the year ended December 31, 2024, to RMB71.9 million (US$10.3 million) for the year ended December 31, 2025, primarily due the determination of selling goods through the online platform.

Cost of revenues increased by 22.5% from RMB1,356.5 million for the year ended December 31, 2024, to RMB1,662.2 million (US$237.7 million) for the year ended December 31, 2025, in line with the growth of the business scale.

Gross Margin

Gross margin decreased from 14.5% for the year ended December 31, 2024, to 10.4% for the year ended December 31, 2025, primarily due to the larger proportion of employee management service. 

Total operating expenses decreased from RMB188.59 million for the year ended December 31, 2024, to RMB185.3 million (US$26.50 million) for the year ended December 31, 2025, representing a decrease of 1.7%.

  • Selling and marketing expenses increased by 53.8% from RMB51.9 million for the year ended December 31, 2024, to RMB79.7 million (US$11.4 million) for the year ended December 31, 2025, primarily because we developed a number of strategic clients.
  • Administrative expenses decreased by 30.0% from RMB126.7 million for the year ended December 31, 2024, to RMB88.7 million (US$12.7 million) for the year ended December 31, 2025. This was primarily driven by management’s decision to streamline specific departments and reduce rental overhead.
  • Research and development expenses increased by 68.4% from RMB10.0 million for the year ended December 31, 2024, to RMB16.9 million (US$2.4 million) for the year ended December 31, 2025, primarily because we boosted R&D investment in innovative fields, such as industrial robotics.

Operating income was RMB6.8 million (US$0.9 million) for the year ended December 31, 2025, compared with profits from operation of RMB40.5 million for the year ended December 31, 2024, primarily due to business development and increased efficiency.

Net profit was RMB42.7 million (US$6.1 million) for the year ended December 31, 2025, compared to net loss of RMB52.4 million for the year ended December 31, 2024.

Balance sheet

Cash and cash equivalents were RMB144.2 million (US$20.6 million) as of December 31, 2025.

About Youlife Group Inc.

Youlife is a leading global provider of blue-collar lifecycle services, dedicated to modernizing blue-collar employment through data, training, and AI-driven workforce solutions. In the talent services sector, Youlife operates 180 domestic branches and over 10 overseas offices. By partnering with more than 10,000 renowned enterprises worldwide, Youlife provides stable and future-ready workforce infrastructure at scale. Under its “School-Enterprise Cooperation” model, Youlife maintains a nationwide network of vocational schools, including 37 schools and 146 curriculum development programs, covering 37 cities and counties across 16 provinces in China. For more information, please visit: https://ir.youlife.cn/.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding future events and the future results of Youlife current expectations, estimates, forecasts, and projections about the industry in which Youlife operates, as well as the beliefs and assumptions of Youlife’s management. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Youlife’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause Youlife’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements.

 

 

YOULIFE GROUP INC.

UNAUDITED CONSOLIDATED BALANCE SHEETS

(Amount in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”), except for share and per share data,
or otherwise noted)

As of December 31,

2024

2025

RMB

RMB

USD

ASSETS

Current assets

Cash and cash equivalents

126,531

144,219

20,623

Accounts receivables, net

287,860

342,783

49,017

Prepayments and other receivables, net

248,494

448,083

64,075

Inventories, net

3,704

2,086

298

Total current assets

666,589

937,171

134,013

Property and equipment

147,303

61,864

8,846

Right-of-use assets

43,156

37,048

5,298

Intangible assets

9,986

8,361

1,196

Long-term investment

96,738

13,833

Deferred tax assets

28,147

23,369

3,342

Other non-current assets

13,182

78,305

11,198

Total non-current assets

241,774

305,685

43,713

Total assets

908,363

1,242,856

177,726

LIABILITIES AND SHAREHOLDERS’ DEFICIT

Current liabilities

Contract liabilities

19,991

34,640

4,953

Trade payables

70,690

74,485

10,651

Other payables and accruals

141,888

212,849

30,437

Short-term borrowings

45,893

126,054

18,025

Lease liabilities

9,401

6,793

971

Tax payable

2,182

9,300

1,330

Total current liabilities

290,045

464,121

66,367

Lease liabilities-non current

27,902

25,491

3,645

Long-term borrowings

1,474

Total non-current liabilities

29,376

25,491

3,645

Total liabilities

319,421

489,612

70,012

Commitments and Contingencies

SHAREHOLDERS’ EQUITY

Ordinary shares (US$0.0001 par value; 500,000,000 shares
authorized as at December 31, 2024 and December 31,
2025; 70,000,000 shares and  76,048,501 shares issued
and outstanding as at December 31, 2024 and December
31, 2025, respectively)*

51

55

8

Treasury shares

(31)

(31)

(4)

Additional paid-in capital

1,181,993

1,303,581

186,410

Statutory surplus reserve

9,367

10,531

1,506

Accumulated losses

(621,794)

(579,876)

(82,921)

Total Youlife Group Inc. shareholders’ equity

569,586

734,260

104,999

Non-controlling interests

19,356

18,984

2,715

Total shareholders’ equity

588,942

753,244

107,714

Total liabilities, mezzanine equity and shareholders’ equity

908,363

1,242,856

177,726

 

   

YOULIFE GROUP INC.

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(Amount in thousands of Renminbi (“RMB”) and U.S. dollars (“USD”), except for share and per share data,
or otherwise noted)

For the Year Ended December 31,

2023

2024

2025

RMB

RMB

RMB

USD

Revenue

1,365,865

1,585,640

1,854,302

265,162

Cost of revenue

(1,165,446)

(1,356,511)

(1,662,236)

(237,697

Gross profit

200,419

229,129

192,066

27,465

Operating expenses

Selling and distribution expenses

(91,688)

(51,867)

(79,749)

(11,404

Administrative expenses

(115,367)

(126,705)

(88,683)

(12,682

Research and development expenses

(12,285)

(10,017)

(16,869)

(2,412

Total operating expenses

(219,340)

(188,589)

(185,301)

(26,498

(Loss)/income from operations

(18,921)

40,540

6,765

967

Other income/(expense)

Fair value gains/(losses)

36,500

(21,248)

3,524

504

Other incomes

2,815

11,611

50,270

7,188

Other expenses

(2,220)

(422)

(4,913)

(703

Gain/(loss) on dissolution of subsidiaries and branches

29,312

(8,820)

4,844

693

Loss from disposal of equity investment

(59,018)

Financial income/(expenses), net

1,530

(3,941)

(10,033)

(1,435

Total other income/(expense), net

67,937

(81,838)

43,692

6,247

(LOSS)/PROFIT BEFORE TAX

49,016

(41,298)

50,457

7,214

Income tax (expenses)/benefits

30,256

(11,090)

(7,747)

(1,108

Net profit/(loss) for the year from continuing operations

79,272

(52,388)

42,710

6,106

Net profit from discontinued operations

17,774

Net loss attribute to non-controlling interests

(2,217)

(12)

(372)

(53

Net profit/(loss) attribute to ordinary shareholders

99,263

(52,376)

43,082

6,159

Net earnings/(loss) per share:

Basic and diluted

Continuing operations

1.13

(0.75)

0.59

0.08

Discontinued operations

0.29

Basic net earnings/(loss) per share

1.42

(0.75)

0.59

0.08

Continuing operations

1.13

(0.75)

0.59

0.08

Discontinued operations

0.29

Diluted net earnings/(loss) per share

1.42

(0.75)

0.59

0.08

Shares used in net earnings per share computation

Basic

70,000,000

70,000,000

72,899,967

72,899,967

Diluted

70,000,000

70,000,000

72,899,967

72,899,967

TOTAL COMPREHENSIVE (LOSS)/INCOME FOR THE YEAR

97,046

(52,388)

42,710

6,106

Comprehensive loss attribute to non-controlling interest

(2,217)

(12)

(372)

(53

Comprehensive (loss)/income attribute to ordinary shareholders

99,263

(52,376)

43,082

6,159

 

Byreal Expands Agent-Native Trading to Perpetual Futures with Byreal Perps Agent Skills

DUBAI, UAE, April 28, 2026 /PRNewswire/ — Byreal, a decentralized exchange (DEX) incubated by Bybit and built for the Solana ecosystem, today announces the launch of Byreal Perps Agent Skills, extending its agent-native trading infrastructure to perpetual futures. Users can now trade perps through natural language commands via RealClaw — no manual order entry, no separate interfaces, and no bridging required.

Byreal Perps Agent Skills brings perpetual futures trading into the same conversational agent layer that RealClaw users already use for spot trading and liquidity management. Built on Hyperliquid’s perpetuals infrastructure and secured by Privy’s non-custodial wallet stack, the skill lets agents place and manage perps positions on behalf of users while they retain full custody of their funds at all times.

Getting started requires no new wallets or accounts. Users deposit USDC into their existing Solana Privy wallet and ask the agent to fund their perps account — RealClaw handles the full Solana-to-Hyperliquid bridging path automatically, with no manual steps. Once funded, users simply tell the agent what they want to do.

Byreal Perps Agent Skills covers the full trading workflow:

  • Market intelligence — scan the market for trading signals across conservative, moderate, and aggressive risk profiles, or ask for a detailed breakdown on any coin covering RSI, MACD, Bollinger Bands, EMA crossover, and funding rate
  • Order execution — place market or limit orders, long or short, with take-profit and stop-loss attached at entry
  • Position management — view open positions, adjust leverage, switch between cross and isolated margin, modify or cancel TP/SL, and close positions in full or partially
  • Account oversight — query account value, margin, PnL, withdrawable balance, and trade history on demand

“Perps have always been the domain of active traders willing to manage complexity manually,” said Emily Bao, Founder of Byreal. “With Byreal Perps Agent Skills, any RealClaw user can access the full range of perpetual futures tools through a conversation. The agent handles the execution, the bridging, and the position management — the user just expresses intent.”

Available on RealClaw

Byreal Perps Agent Skills is published as an OpenClaw skill and installs directly into any RealClaw setup with a single command. Existing RealClaw users can add perps trading to their agent without changing wallets, reconfiguring accounts, or leaving their existing setup.

Availability

Byreal Perps Agent Skills is now publicly available.

The launch continues Byreal’s expansion of its agent execution layer, following Byreal Agent Skills surpassing 2,000 users within six weeks of its debut. Byreal Perps Agent Skills adds a futures trading dimension to what is becoming a unified agent-native financial platform — one where users interact with the full onchain trading stack through conversation alone.

#Bybit / #CryptoArk / #IMakeIt

About Byreal

Byreal is a decentralized exchange (DEX) built on the Solana blockchain and incubated by Bybit. Byreal brings together trading, liquidity provision, and yield generation into one unified on-chain platform, with execution quality and infrastructure designed to match the standards of a professional trading venue. Built from the ground up as an AI agent native DEX, Byreal enables both human users and AI agents to trade, swap, and provide liquidity programmatically.

For more information about Byreal, please visit: www.byreal.io 

For updates, please follow Byreal’s social media: https://x.com/byreal_io 

For media inquiries, please contact: partnerships@byreal.io

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Hello Group Files Annual Report on Form 20-F for Fiscal Year 2025

BEIJING, April 28, 2026 /PRNewswire/ — Hello Group Inc. (NASDAQ: MOMO) (“Hello Group” or the “Company”), a leading player in Asia’s online social networking space, today filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2025. The annual report can be accessed on the Company’s investor relations website at https://ir.hellogroup.com/ or on the SEC’s website at https://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investors Relations Department via email at ir@hellogroup.com.

About Hello Group Inc.

We are a leading player in Asia’s online social networking space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which we added to our family of applications through acquisition in May 2018, is a leading social and dating application. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people. Since 2019, we have continuously expanded our portfolio through internal incubation and strategic acquisitions, adding apps such as Hertz, Soulchill, and Happn. These products target more niche markets and selective user demographics both domestically and internationally, further strengthening our global presence.

For investor and media inquiries, please contact:

Hello Group Inc. 

Investor Relations
Phone: +852-3157-1669
Email: ir@hellogroup.com  

Christensen 

In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com 

HoneyNaps Expands into Boston’s Kendall Square, Accelerating Global Partnerships in AI Sleep Healthcare

  • New office in Boston-Cambridge innovation hub to expand partnerships with healthcare and life sciences leaders
  • Supported through a Korea Health Industry Development Institute global expansion program
  • Strategic move expected to accelerate commercialization, clinical collaborations, and market access in the United States

BOSTON, April 28, 2026 /PRNewswire/ — HoneyNaps, an AI-powered sleep healthcare company specializing in sleep diagnostics and digital sleep medicine, announced that it has been selected for the Boston C&D Office Residency Program (Pharmaceutical & Medical Device Track) under South Korea’s 2026 Bio-health Global Expansion Support Program (K-VIP: Korea Bio-Health Value-up Innovation Program).

HoneyNaps Expands into Boston’s Kendall Square, Accelerating Global Partnerships in AI Sleep Healthcare
HoneyNaps Expands into Boston’s Kendall Square, Accelerating Global Partnerships in AI Sleep Healthcare

The initiative is administered by the Korea Health Industry Development Institute (KHIDI) under the Ministry of Health and Welfare and is part of the Korean government’s broader strategy to strengthen the global competitiveness of domestic bio-health companies and support overseas market expansion.

HoneyNaps will relocate its existing Boston office and establish operations at the Cambridge Innovation Center (CIC), located in Kendall Square, Cambridge, Massachusetts.

Strategic Presence in the World’s Leading Biotech Cluster
Kendall Square, located in the Boston-Cambridge area, is widely recognized as one of the world’s most concentrated biotech and healthcare innovation ecosystems. The district is home to leading pharmaceutical companies, biotech startups, hospitals, research institutions, and venture capital firms.

Anchored by institutions such as Massachusetts Institute of Technology, the area offers a uniquely integrated environment where research and development, clinical validation, commercialization, and investment are closely connected.

For HoneyNaps, the move is expected to provide direct access to potential partners across healthcare, life sciences, and digital health sectors, while creating new opportunities for proof-of-concept projects, joint research, and strategic collaborations.

Accelerating U.S. Market Expansion
Through its new presence in Kendall Square, HoneyNaps plans to deepen relationships with hospitals, sleep centers, pharmaceutical companies, and healthcare innovators across the U.S. East Coast.

The company also intends to expand clinical and commercialization partnerships in sleep medicine, leveraging the region’s globally connected healthcare network.

The residency program provides participating companies with office space, networking opportunities, local business events, and market-entry support. Additional services include consulting, strategic partnership development, and access to local innovation programs.

Executive Comment
Sean Ha (Taekyoung Ha), President of HoneyNaps USA, stated:
“We have been preparing for global expansion through our existing U.S. subsidiary in Boston and establishing a presence in Kendall Square marks an important next step in expanding both research collaborations and commercialization opportunities. Being part of the same ecosystem as companies such as Pfizer, Moderna, Novartis, and Eli Lilly and Company will help us accelerate partnerships in sleep disorder clinical trials and strengthen our global market position.”

About HoneyNaps
HoneyNaps is a South Korea-based digital health company specializing in AI-driven sleep diagnostics, sleep disorder analytics, and next-generation sleep healthcare solutions. The company develops technologies that improve access, efficiency, and clinical accuracy in sleep medicine through artificial intelligence and scalable healthcare platforms.

For further information, please contact:
HoneyNaps USA, Inc.
Christine Kwon / Managing Director
Email: sleep@honeynaps.com
Address: 14th Floor, One Broadway, Cambridge, MA 02142
Website: www.honeynaps.com

STARTRADER Posts $3.145 Trillion in Q1 2026 Trading Volume, Up 340% Year-on-Year

The record quarter marks a new growth phase for the global multi-asset broker.

DUBAI, UAE, April 28, 2026 /PRNewswire/ — STARTRADER has revealed its highest quarterly trading volume to date. The global multi-asset broker achieved $3.145 trillion in total trading volume during Q1, marking a 340% increase from the same period last year and a 56.7% jump from Q4 2025. Notably, client trading account openings increased by 280% year-on-year.

STARTRADER Posts $3.145 Trillion in Q1 2026 Trading Volume, Up 340 Percent Year-on-Year
STARTRADER Posts $3.145 Trillion in Q1 2026 Trading Volume, Up 340 Percent Year-on-Year

The results speak to the trust STARTRADER has earned through years of consistent execution. Now, its rebranding gives that trust a sharper identity, capturing its growing global ambitions. ‘Built on Trust. Driven by Growth.

On this milestone, the CEO of STARTRADER, Mr. Peter Karsten, commented:

“These numbers reflect what happens when a strong infrastructure is guided by a clear direction. Crossing $3 trillion in a single quarter is a milestone, but what matters most to us is that the growth is broad-based, consistent, and built to last.”

The first-quarter performance reflects the company’s sustained expansion, with monthly trading volume averaging $1 trillion throughout the quarter. This shows that clients’ activity remained consistent throughout the quarter, which reflects their deep confidence in its platforms and offers.

Key Q1 2026 metrics:

  • Total Q1 2026 trading volume: $3.145 trillion
  • Quarter-on-quarter growth: +56.7%
  • Year-on-year growth: +340%
  • Client trading accounts: +280% year-on-year
  • Average monthly trading volume: $1 trillion

Earlier in the year, STARTRADER introduced a refined brand identity that reflects the pillars on which the brand functions. As a broker regulated by CMA, ASIC, FSCA, FSA, and FSC, STARTRADER operates across five jurisdictions with a firm commitment to transparency and reliability. Advanced trading tools, competitive conditions, and a seamless multi-platform experience complete the picture of a broker built for the long term.

This rebranding unifies what STARTRADER has always stood for, making it more cohesive, more ambitious, and better aligned with where the company is headed.

The Q1 results offer early validation that this repositioning is resonating with both existing clients, deepening their activity, and with new traders choosing STARTRADER for the first time.

STARTRADER’s brand positioning extends beyond its trading platform. As an Official Partner of the NBA and the Porsche Carrera Cup Middle East, the company aligns itself with institutions defined by precision, performance, and global reach. These partnerships reflect the standard STARTRADER holds itself to, and signal its ambitions to a global audience.

About STARTRADER

STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STAR-APP, and STAR-COPY.

Regulated across five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

Ant International Launches Open-Sourced Agentic Mobile Protocol to Drive AI Commerce

  • Agentic Mobile Protocol (AMP) is the world’s first agentic payment framework designed for mobile interfaces, including digital wallets, super apps, and wearable devices.
  • Fully open-sourced, the protocol enables LLMs, platforms and merchants’ seamless agentic connection to 4.4 billion digital wallet users worldwide through simple and secure integration.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 April 2026 – Ant International is introducing the Agentic Mobile Protocol (AMP) for the agentic commerce industry to enable secure, AIOps-native agentic payment connection to mobile services including digital wallets, banking apps, super apps, and mobile portals from phones to wearable devices.

Ant International launches Agentic Mobile Protocol (AMP), the world’s first agentic payment framework designed for mobile interfaces, including digital wallets, super apps, and wearable devices.
Ant International launches Agentic Mobile Protocol (AMP), the world’s first agentic payment framework designed for mobile interfaces, including digital wallets, super apps, and wearable devices.

“We are deeply grateful for partners, acquirers and developers who contributed to this project. An agentic protocol for mobile commerce that ensures superior efficiency and security results will be key for businesses large and small expanding into the world’s fastest growing markets. We look forward to expanding our multi-layered partnerships to enable real-world successes of AI commerce,” said Jiang-Ming Yang, Chief Innovation Officer, Ant International.

Wallets and mobile payment key driver for agentic commerce

The global agentic commerce market could reach around USD 28 billion by 2030 with a 46% CAGR as the industry fast-forwards from pilot AI agent programs to full-scale autonomous transaction systems[1]. The number of global digital wallet users reached 4.4 billion in 2025, and is expected to exceed 6 billion – over 75% of the global population – by 2030[2].

While the new payment rails are positioned to become a primary interface for AI commerce, current AI payments protocols are designed largely for card rails. Merchants and digital wallets need to be able to offer smooth payment experience, authenticate trusted agents and verify credentials without disruption, as well as seamlessly handle post-checkout settlement and transaction management tasks in a mobile- and AI-native environment.

With the Agentic Mobile Protocol, merchants – LLMs, AI platforms, merchants with self-developed agents, and agent builders – and digital wallets can embed agentic payment functionality directly into their workflows, eliminating the need for system overhauls.

Ant International has open-sourced the AMP to help establish a universal, auditable standard to ensure that AI agents can transact securely and seamlessly across any global platform.

The AMP framework features:

  • A superior agentic checkout experience through:
    • Faster agent integration: reducing the number of steps required to link a payment agent to a digital wallet by 50% compared to traditional card-binding methods.
    • Money-back guarantee: every agent-initiated transaction is backed by a money-back guarantee mechanism for payment partners in cases of account takeovers.
    • Cross-device compatibility: payment agents can work on mobile interfaces across smartphones, smartwatches, AR glasses and in-car systems, a capability absent in card-based systems.
  • A more efficient and secure trust architecture for agent delegation to ensure secure and precise delegation of payment authority to AI agents — whether it is ordering coffee, booking a ride, or planning a trip – with full visibility and the ability to revoke or modify tasks at any time.
  • A high-frequency agent-to-agent (A2A) settlement mechanism enables automated, ultra-small transactions between AI agents. It’s capable of handling nano-transactions as small as $0.000001 between agents with real-time accounting and clearing. A2A settlement is crucial to agentic economy, which requires the capacity to process high-frequency, sub-cent agent transactions that traditional payment rails cannot support.
  • A full-spectrum Know Your Agent (KYA) framework establishes an agent’s digital identity and certifies its authorised capabilities. The proprietary Agent Trust Rating mechanism offers an additional layer of protection, a dynamic risk-management tool that determines whether an agent is trustworthy and controls the level of autonomy.

A 40 member-strong wallet ecosystem in cross-sector coordination

Ant International is working with wallet partners of Alipay+, the company’s global wallet gateway, to implement the AMP. Alipay+ now connects over 40 digital wallet partners, covering 1.8 billion user accounts and 150 million merchants globally.

Building on this payment partnership network that spans wallets, acquirers, super apps and cards, Ant International is among the first partners of Mastercard and Visa to pilot card-based transaction capabilities for AI agents, while collaborating with Google on its protocols for agentic commerce and payments.

Hashtag: #AntInternational

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

About Ant International

Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit

Build4Asia Returns this May, Elevating the Roles of Facility Management and Fire Safety within the Built Environment

HONG KONG, April 28, 2026 /PRNewswire/ — Build4Asia, organized by Informa Markets, will make its grand return from 6–8 May 2026 at Hong Kong Convention and Exhibition Centre, bringing renewed energy and bold new ambitions to the industry. Reimagined to address the industry’s critical needs, the expo spotlights key sectors across the wider construction landscape such as facility management, emergency response and smart workplace, offering targeted solutions that matter most to industry players today.

The three-day expo will host more than 600 exhibitors and brands, alongside 8,000 building stakeholders including contractors, architects, specifiers, engineers, housebuilders, developers, suppliers and government bodies. Building on core portfolios such as Asian Elenex, Buildtex and Securitex, new sectors and show elements will be introduced to showcase the full breadth of the industry.

Breaking New Ground in Property & Facility Management

This year Build4Asia is proud to present the brand-new Asian PropTech and Asian OfficeTech sectors, highlighting the rapid transformation of real estate and office buildings – two key pillars of Hong Kong’s built environment. Featuring innovations spanning space management solutions, virtual assistants and sustainable designs, the sectors connect construction with facility management and user experience, pulling every player across all building stages into one seamless, integrated ecosystem.

Adding to the excitement, Build4Asia will collaborate with the International Facility Management Association (IFMA) Hong Kong Chapter, bringing the World Workplace Asia-Pacific to Hong Kong for the first time. Recognised as a premier facility management event in the region, the conference explores the theme “Bridging the Gaps: Advancing Digital, Sustainable, and Resilient FM Across Asia Pacific”, convening industry leaders to shape the future of sustainable and resilient cities.

Powerful Line-Up Covering All Facets of the Industry

The expo presents a strong exhibitor showcase, offering a wide range of solutions from building materials, electrical engineering tools to security and facility management systems. Featured exhibitors include Grundfos Pumps Hong Kong Ltd, Ever Cool Refrigerating & Air Conditioning Company Limited, Aerotech Engineering & Trading Co. Limited, Assa Abloy Hong Kong Limited and Coit (HK) Limited and more.

The IFMA Pavilion is another major highlight, bringing industry expertise and an extensive member network together in one lively hub. It highlights how facility management is taking on a bigger and more important role, supported by practical case studies and trend-setting solutions.

High-Energy Events Driving Real Impact

The expo will run over three dynamic days, featuring a comprehensive event programme across key industry sectors. Each event is thoughtfully designed to take attendees straight to what they need most, whether it’s insights, innovations or connections.

Build4Asia Conference, co-organised with the Hong Kong Electrical Contractors’ Association, explores urban intelligence and sustainability in a responsive city through four key areas: City roadmap and policy; Mechanical, Electrical, and Plumbing (MEP) and construction; IoT, AI, sustainability, and smart building management. Together, these themes underscore Hong Kong’s commitment to evolving into a responsive city, powered by sustainable innovation.

Supported by eight leading industry organisations, the Asian Securitex Conference examines manpower and emergency response in the context of the recent fire incidents and safety concerns, exploring how manpower and technology can work together to strengthen security and safety.

Architecture & Design Dialogues, supported by media partner Archify, inspires architects and designers to go beyond function and form, reimaging floor plans as expressive works that carry emotion, celebrate everyday moments and strengthen human connection.

Build4Asia Awards, co-organised with PRC Magazine, recognise excellence in building and innovation, honouring developers, architects, interior designers, contractors, engineers and manufacturers who deliver high-quality, sustainable projects, while encouraging the sharing of best practices and knowledge across the region.

Build4Asia Forum gathers exhibitors, association representatives and industry experts to explore key industry challenges and exciting innovations. Featured sessions include the Hong Kong Green Building Council on smart energy transformation in the Greater Bay Area; the World Green Organisation on accelerating ESG transition through smart city innovation; and the Asia Pacific Urban Energy Association on APAC district cooling insights and its potential application in Hong Kong.

Where Changes Take Place

Built to tackle the challenges facing today’s construction professionals, Build4Asia 2026 is where solutions emerge and new possibilities unfold. Visitors can gain first-hand insights, connect with industry peers, and be fully empowered to make changes in their work and the built environment.

The show is open to trade professionals and media only and visitors must be aged 16 or above. For more information, please visit https://www.build4asia.com/.

About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

NAVEE Products Awarded Dual TÜV Rheinland Certifications for Superior Global Performance

NEW YORK, April 28, 2026 /PRNewswire/ — At a recent pan-European launch event at Motorworld Munich, NAVEE’s UT5 Max e-scooter secured dual certifications—High Reliability and High Shock Absorption—from TÜV Rheinland. By setting a new benchmark for smart outdoor mobility, NAVEE further underscores its technological prowess in the global smart manufacturing landscape.


As a TÜV Rheinland-certified e-scooter, the NAVEE UT5 Max has earned both High Reliability and High Shock Absorption certifications, demonstrating it has passed rigorous tests covering braking, acceleration, and performance on uneven terrain. By benchmarking its core capabilities against the highest international standards, the product effectively bridges the gap between “on-paper specifications” and “real-world performance”, giving users complete confidence in its true reliability.

The superior performance of the NAVEE UT5 Max is anchored by a trio of proprietary technologies. The NavUltrange long-range technology system optimizes the trifecta of energy supply, utilization, and riding resistance. By doing so, it delivers a real-world range over 20% greater than competitors with identical battery capacities, without compromising power or safety. In addition, NavMaxEffex, a tri-system coordination technology integrating the battery, motor, and electronic control system, improves transmission efficiency and reduces energy loss, ensuring that each unit of energy translates into more effective driving range. Completing this ecosystem, NavRollery high-efficiency tires further reduce rolling resistance while ensuring safety and durability, boosting the total range by an additional 10%. Together, these technologies deliver longer range, improved energy efficiency, and a more reliable riding experience.

Built on this integrated architecture, the NAVEE UT5 Max is positioned as a smart flagship, gaining strong market traction since launch. In terms of performance, the UT5 Max delivers dynamic acceleration and exceptional gradeability, powered by a high-performance motor with a 2400W peak output, and a maximum climbing capacity of 39%. The riding experience is equally refined: featuring an advanced high-speed stability control system, adjustable dual hydraulic suspension, and 12-inch self-healing tubeless tires, the scooter maintains precise handling and a comfortable ride across uneven terrain and at higher speeds, while balancing safety, performance, and craftsmanship.

As green mobility advances across Europe, demand for safety, reliability, and comfort continues to rise. The UT5 Max’s dual TÜV Rheinland certifications underscore NAVEE’s technical strength, offering a more trusted mobility choice worldwide. Moving forward, NAVEE will continue to drive innovation in smart outdoor mobility, working with leading institutions such as TÜV Rheinland to deliver high-performance e-scooters for safer, more efficient, and comfortable mobility.