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NYSE Content advisory: Pre-market update + NYSE Texas opens for business with DJT as its first listing

NEW YORK, March 31, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Pre-market update + NYSE Texas opens for business with DJT as its first listing

Kristen Scholer delivers the pre-market update on March 31st

  • It’s the final trading day of the first quarter with President Donald Trump’s reciprocal tariffs due Wednesday, April 2. 
  • NYSE Texas opens for business as the first securities exchange to be incorporated in the Lone Star State. “This new offering will allow companies to capitalize on the pro-business dynamics in Texas,” NYSE President Lynn Martin said.
  • Trump Media and Technology Group is set to become the first company to trade on NYSE Texas in a dual listing for the firm with ticker symbol DJT.

Click here to learn more about NYSE Texas

Video – https://mma.prnasia.com/media2/2654069/NYSE_March_31_Market_Update.mp4

 

m-FINANCE and CBCX Markets Form Strategic Partnership to Enhance Liquidity Network

HONG KONG, March 31, 2025 /PRNewswire/ — m-FINANCE Limited (“m-FINANCE”), a wholly owned subsidiary of mF International Limited (Nasdaq: MFI) and a provider of forex and bullion trading solutions in Asia, today announced a new strategic partnership with CBCX Markets Limited (“CBCX”), a multi-asset liquidity provider. This partnership is expected to strengthen m-FINANCE’s liquidity network by granting brokerage clients deeper market access, improved execution, and advanced trading conditions.

The collaboration between m-FINANCE and CBCX is driven by a shared commitment to deliver cutting-edge liquidity solutions tailored for brokers. With CBCX’s institutional-level liquidity, brokers can enjoy enhanced market access with tighter spreads and deeper liquidity, for advanced trading conditions. m-FINANCE anticipates that this optimized execution will leverage deep liquidity pools to enhance efficiency, reducing slippage and minimizing costs for end clients.

With CBCX’s liquidity solutions (cbcx.com) and m-FINANCE’s infrastructure, m-FINANCE anticipates its broker clients will experience rapid execution with minimal latency, as it will provide its customers access to its proprietary feature that it believes will allow brokers to capture advantageous spread when hedging orders and maintaining full STP (straight-through processing, an automated electronic workflow that allows for a seamless processing of transactions) connectivity.

The partnership with CBCX is expected to enable brokers to offer institutional-level trading experiences to their clients, backed by deep liquidity, reduced trading costs, and cutting-edge infrastructure. This also marks another step in m-FINANCE’s ongoing commitment to delivering continuous innovation and world-class trading solutions to clients. With CBCX’s liquidity and m-FINANCE’s advanced trading technology, brokers may access to a more competitive, transparent, and efficient trading environment.

Mr. Chi Weng (Dick) Tam, the Executive Director and Chief Executive Officer of m-Finance, commented, “We are proud to collaborate with CBCX to enhance our liquidity solutions. With over 20 years of experience in the forex and bullion markets, we understand the critical importance of market-leading liquidity in driving execution speed, pricing efficiency, and superior trading performance. We believe that CBCX has built a strong reputation for delivering institutional-level liquidity, and we look forward to working closely with their team to provide our clients with unique trading opportunities.”

Echoing this enthusiasm, Bilaal Adam, a Director of CBCX, reinforced CBCX’s  commitment to delivering advanced liquidity solutions and pursuing market excellence:

“At CBCX Markets, we are dedicated to providing brokers, hedge funds and traders with deep liquidity, customized solutions, and ultra-low latency execution. We believe partnering with m-FINANCE will allow us to extend our expertise to a broader network of brokers, hedge funds, and institutional clients. By integrating m-FINANCE’s cutting-edge technology with CBCX Markets’s deep liquidity pools and customized liquidity offerings, we expect to create a more dynamic and flexible trading environment. Our tailored liquidity solutions enable brokers to benefit from tight spreads, reduced slippage, and a high-performance trading ecosystem. In the future, we look forward to working closely with m-FINANCE to continue driving innovation, transparency, and efficiency in global trading markets.”

About mF International Limited

mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong. The Company’s principal Hong Kong subsidiary, m-FINANCE, is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. With clients located over mainland China, Hong Kong and Southeast Asia, m-FINANCE provides customers with the mF4 Trading Platform, Trader Pro, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. For more information, please visit the Company’s website: https://ir.m-finance.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “views,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

mF International Limited
Investor Relations Department
Email: ir@m-finance.net

ICR, LLC
Robin Yang
Email: mFInternational.IR@icrinc.com
Phone: (646) 308-1475

SF Holding Delivered Record High 2024 Financial Results

  • Record-high annual revenue: RMB284.4 billion, up 10.1% year-over-year
  • Record-high annual net profit attributable to owners of the company: RMB10.2 billion, up 23.5% year-over-year
  • Delivered total shareholder return of RMB10.7 billion

SHENZHEN, China, March 31, 2025 /PRNewswire/ — S.F. Holding Co., Ltd. (‘SF Holding’ or ‘SF’ or ‘the Company’, 002352.SZ; 06936.HK), the largest integrated logistics service provider in Asia, has announced 2024 financial results, demonstrating strong growth in both revenue and profitability.

The Company has an efficient and reliable logistics network infrastructure rooted in China, radiating Asia, and connecting the world. Focusing on its logistics ecosystem, SF Holding has continued to enhance its portfolio of product and service capabilities to provide customers with domestic and international one-stop integrated logistics services.

Commenting on the Company’s 2024 results, Mr. Alex Ho, SF Holding’s Executive Director and Chief Financial Officer, said: “2024 stands as a defining milestone for SF Holding – crowned by high customer satisfaction, record total revenue and profitability, as well as our successful listing on the Hong Kong Stock Exchange in November 2024. Through disciplined capital allocation and operational excellence, we generated robust operating cash flows, translating into sustainable free cash flow growth.”

2024 Operational Highlights

In 2024, the Company achieved strong growth by focusing on its key strategy, “Unite for Shared Goals, Pioneer with Steadfast Drive.” As part of this strategy, SF Holding strengthened organizational vitality by upgrading incentive systems and granting greater business authority to frontline employees. Additionally, the Company enhanced the role of headquarters in supporting business regions, aligning interests across all levels to foster entrepreneurship throughout the organization.

Domestically, the Company achieved business growth by further penetrating customers’ upstream and downstream supply chain scenarios across multiple industries. Logistics revenue in the high-tech, automotive, and industrial manufacturing sectors all grew by over 20% year-over-year. As a result, the main express logistics business achieved revenue of RMB205.8 billion, representing a year-over-year increase of 7.7%.

Internationally, Asia is the Company’s top priority. SF Holding provides customized integrated end-to-end logistics solutions, delivering both cost-efficiency and premium services to customers, and achieved 0-to-1-to-N breakthroughs in international supply chain projects across countries, industries, and business scenarios. Over 45% of Fortune China 500 companies utilize SF Holding’s international logistics services. In its 2024 international operations, the Company won bids for over 100 overseas supply chain projects. As a result of these initiatives, the supply chain and international business achieved RMB70.5 billion in revenue, representing a 17.5% year-over-year increase, effectively securing the Company’s second growing curve.

Alongside business expansion, the Company has achieved sustained profitability growth through continuous improvements in backbone logistics network efficiency and operational model reforms, which combined have driven cost reductions and efficiency enhancements.

Reaffirming Shareholder Commitment

Since 2024, SF Holding has returned a total of RMB10.7 billion to shareholders through cash dividends and share repurchase programs, demonstrating its strong confidence in sustainable cash flow generation and commitment to creating long-term shareholder value.

Notably, on March 28, the Company proposed a final cash dividend distribution of RMB2.2 billion. Together with interim dividends, SF Holding’s total shareholder returns from dividends for 2024 amounted to RMB4.1 billion, representing an annual dividend payout ratio of 40% – an increase of 5 percentage points year-over-year.

Additionally, prior to its November 2024 listing on the Hong Kong Stock Exchange, SF Holding distributed a special one-off cash dividend of RMB4.8 billion. This brought the Company’s 2024 dividend payout ratio to a record-high 87%.

To demonstrate its commitment to shareholder value, SF Holding has allocated RMB4.8 billion in various share repurchase programs since 2022, including RMB1.8 billion worth of shares that were repurchased since 2024.

2024 Key Financial Results

  • For the fiscal year ended December 31, 2024, SF Holding reported total revenue of RMB284.4 billion, representing a 10.1% year-over-year increase.
  • The profit attributable to owners of the Company in 2024 was RMB10.2 billion, representing a year-over-year increase of 23.5%, and the net profit margin increased to 3.6%.
  • In 2024, net cash generated from operating activities of the Company was RMB32.2 billion, representing an increase of 21.1% compared with the same period in 2023, mainly due to the combined effect of the Company’s profit growth and optimized operating cash flow management. Free cash flow surged 70% to RMB22.3 billion, demonstrating significant improvement in cash generation.
  • In 2024, the Company recorded a parcel volume of 13.3 billion, representing an 11.3% year-over-year increase, or 15.3% year-over-year increase, excluding volumes from Fengwang Express (Fengwang), the Company’s franchise model business disposed in June 2023.
  • SF Holding’s flagship product time-definite express recorded 5.8% revenue growth to RMB122.2 billion. Annual parcel volume for this segment increased 12% year-over-year.
  • The Company’s economy express continued to capitalize on its competitive edge to serve e-commerce customers in the year. The segment’s parcel volume (excluding volumes from Fengwang) increased 18% year-over-year, while its revenue increased by 11.8%.
  • Revenue for the freight segment increased by 13.8% to RMB37.6 billion with significantly improved profitability. The structural cost-saving initiatives enabled competitive pricing strategies, driving over 20% annual growth in shipment volume.
  • SF Holding’s intra-city segment achieved 22.4% revenue growth with net profit surging by 162%.

Business Outlook

Building on its leadership in Asia, SF Holding is rapidly applying its proven expertise to further develop its market presence. By deepening its “The One in Asia” strategy, the Company remains committed to seamlessly connecting Asia and the world with its international logistics and supply chain capabilities.

Looking ahead, as the demand for integrated end-to-end logistics solutions continues to rise, SF Holding aims to become the go-to logistics partner of our business and retail customers in Asia. SF Holding plans to leverage its well-recognized brand, cost advantages, and integrated logistics service capabilities, driving sustainable and healthy growth of business to foster shared success and create enduring value together.

About SF Holding

Founded in 1993, S.F. Holding Co., Ltd. (002352.SZ; 06936.HK) is the largest integrated logistics service provider in Asia and the fourth largest globally. Listed on the Shenzhen Stock Exchange and the Hong Kong Stock Exchange, SF Holding is the constituent stock in the CSI 300 Index and MSCI Emerging Market Index. Demonstrating a commitment to being fast, reliable, and customer-centric, the Company possesses digital technology to promote the development of intelligent and green supply chains.

For further information, please visit https://ir.sf-express.com/en/.    

Paradise Found: oneworld welcomes Fiji Airways to global alliance

Fiji Airways adopts award-winning AAdvantage® as its travel rewards programme

FORT WORTH, Texas, April 1, 2025 /PRNewswire/ — oneworld® alliance today welcomes Fiji Airways, the flag carrier of Fiji and the South Pacific, as its newest member airline, with a full suite of oneworld benefits available to customers around the world beginning 01 April 2025.

Fiji Airways joins oneworld alliance
Fiji Airways joins oneworld alliance

Fiji Airways will provide top tier customers with a full suite of oneworld benefits as a full member airline:

  • Access to a network of nearly 700 airport lounges globally, including recently opened oneworld branded lounges in Amsterdam’s Schiphol and Seoul’s Incheon airports
  • Priority check-in and boarding
  • Earning and redeeming miles
  • Earning Tier Points

“The introduction of Fiji Airways marks an important strategic step for our alliance as we connect even more people, places and experiences than ever before,” said Nat Pieper, CEO of oneworld. “Fiji Airways customers will benefit from oneworld’s global reach of more than 900 destinations, priority services and premium lounge access, and we’re thrilled to welcome them to the oneworld family.”

Fiji Airways, with its hub at Nadi International Airport, serves 25 destinations in 14 countries and territories globally, including oneworld hubs in Hong Kong, Tokyo, Sydney and its newest global destination, Dallas-Fort Worth, further connecting the airline into the oneworld network.

“Becoming a full member of the oneworld alliance is a proud and momentous milestone for Fiji Airways. This achievement reflects our commitment to providing world-class service and expanding our global reach, while showcasing the warmth and hospitality of Fiji to the world, said Andre Viljoen, Managing Director and CEO of Fiji Airways. “As a full member, we are excited to offer our customers even greater benefits and seamless connectivity across the extensive oneworld network. We look forward to welcoming more oneworld customers onboard to experience the beauty of Fiji and the exceptional service of Fiji Airways.”

Fiji Airways has also adopted the American Airlines award-winning AAdvantage® travel rewards programme as their frequent flyer programme, ensuring its most frequent travellers can now enjoy all the benefits of oneworld alliance as AAdvantage® members.

Taking to the skies on 1st September 1951, Fiji Airways now boasts a fleet of 23 state-of-the art aircraft, including its flagship A350-900s, offering customers warm and welcoming Fijian hospitality on all flights.

Fiji Airways continues to be recognised for its excellence, earning a Five Star Major Airline rating from APEX for the third consecutive year and multiple Skytrax 2024 awards, including Best Airline, Best Business Class Onboard Catering, and Best Cabin Crew in Australia/Pacific. As part of its oneworld integration, Fiji Link joins as an affiliate airline, further expanding the alliance’s reach with domestic services across Fiji and regional connections to Tonga, Samoa, Tuvalu, and Vanuatu.

To learn more about oneworld and its member airlines, visit oneworld.com

For media queries, please contact press@oneworld.com

About oneworld
oneworld brings together 14 world-class airlines – Alaska Airlines, American Airlines, British Airways, Cathay Pacific, Fiji Airways, Finnair, Iberia, Japan Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Air Maroc, Royal Jordanian and SriLankan Airlines, and more than 20 of their affiliates. oneworld member airlines work together to consistently deliver a superior, seamless travel experience, with special rewards and privileges for its frequent flyers, including earning and redeeming miles and points across the entire alliance network, access to airport lounges, priority check in and boarding and extra baggage allowances and more. Learn more about the the oneworld® alliance at oneworld.com. Follow us on FacebookInstagramX and LinkedIn.

About Fiji Airways:
Founded in 1951, the Fiji Airways airline group comprises Fiji Airways, Fiji’s international airline, and its wholly owned domestic and regional subsidiary, Fiji Link. Fiji Airways is a member of the oneworld® alliance, whose members serve more than 900 destinations around the globe. From its hubs at Nadi and Suva International Airports, Fiji Airways and Fiji Link serve 101 destinations in over 14 countries (including codeshare). Destinations include Fiji, Australia, New Zealand, the US, Canada, the UK, Hong Kong (SAR China), Singapore, India, Japan, China, Samoa, Tonga, Tuvalu, Kiribati, Vanuatu and Solomon Islands. The Fiji Airways Group brings in 70 percent of all visitors who fly to Fiji, employs over 2000 employees, and earned revenues of over FJD$1.7 billion (USD $770m) in 2023. Fiji Airways rebranded from Air Pacific in June 2013. Visit www.fijiairways.com for more information.

About American Airlines
As a leading global airline, American Airlines offers thousands of flights per day to more than 350 destinations in more than 60 countries. The airline is a founding member of the oneworld® alliance, whose members serve more than 900 destinations around the globe. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. Learn more about what’s happening at American by visiting news.aa.com and connect with American @AmericanAir and at Facebook.com/AmericanAirlines. To Care for People on Life’s Journey®.

Photo – https://laotiantimes.com/wp-content/uploads/2025/03/fj_release_hero_image.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/03/oneworld_logo.jpg

MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users

VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, confirms the upcoming listing of GUNZ (GUN) on March 31, 2025(UTC). To celebrate this listing, MEXC is launching a special event with a prize pool of 180,000 USDT for new and existing users.

MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users
MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users

GUNZ (GUN) is a Layer-1 blockchain developed by Gunzilla Games, designed to power AAA Web3 gaming. Originally created to support the community-driven economy for Gunzilla’s flagship title, Off The Grid (OTG), GUNZ has evolved into a full-featured platform offering blockchain-native infrastructure essential for modern game development. By leveraging blockchain technology, GUNZ aims to provide both developers and players with the tools needed for a decentralized, secure gaming ecosystem.

To celebrate the listing of GUNZ (GUN) on MEXC, the exchange has launched an exclusive Airdrop+ event with substantial rewards for participants:
Event Period:  Mar 28, 2025, 11:00 (UTC) – Apr 11, 2025, 11:00 (UTC)
Benefit 1: Deposit and share 90,000 USDT in Futures bonus (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 10,000 USDT in Futures bonus (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 USDT in Futures bonus (For all users)

The listing of GUNZ (GUN) not only broadens MEXC’s asset portfolio but also underscores MEXC’s first-mover advantage in bringing innovative blockchain projects to its users. MEXC has solidified its position as an industry leader through its efficient asset listing strategy and broad selection of trend tokens. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings.

According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.

MEXC will continue to provide users with early access to promising projects, while leveraging platform advantages such as low fees, deep liquidity, and daily airdrops to ensure an optimal trading experience.

For full event details and participation rules, please visit here.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 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

Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

 

Step Into Panem: SHEIN and Lionsgate Drop The Hunger Games Collection

Pieces include statement outerwear and accessories inspired by the world of “The Hunger Games”

LOS ANGELES, March 31, 2025 /PRNewswire/ — Today, global fashion and lifestyle online retailer SHEIN,  announced the launch of its The Hunger Games franchise collection in collaboration with Lionsgate. The limited-edition collaboration fuses fashion, fandom and pop culture making it a must-have for any The Hunger Games films fan enthusiast.

The collection includes bold apparel and accessories for both women and men, including elements inspired by the iconic franchise. From Capitol chic to District daring, these extraordinary pieces let fans rebel against the ordinary. Fans can expect vibrant designs, symbolic imagery, and artwork inspired by the world of The Hunger Games. Celebrating the themes of survival, resilience, and revolution, The Hunger Games x SHEIN collection brings fans a fresh way to showcase their love for the series.

“We are excited to collaborate with SHEIN to bring The Hunger Games fans a collection that lets them wear their fandom with pride,” said Debbie Olshan, Director, Global Consumer Products at Lionsgate. “This collaboration blends fashion and film, enabling fans to express their connection to the story in a stylish and meaningful way.”

The Hunger Games franchise encompasses four critically-acclaimed novels that have sold over 100 million copies worldwide and been translated into 52 languages as well as a blockbuster film franchise that has grossed more than $3.4 billion at the worldwide box office. Suzanne Collins’ latest Hunger Games novel, the eagerly-anticipated Sunrise on the Reaping, was launched by Scholastic on March 18, 2025 and will be adapted into a major motion picture event to be released by Lionsgate on November 20, 2026. Lionsgate also just announced the October debut of The Hunger Games stage play in London.


The collection is available on SHEIN’s website, with prices ranging from USD$5$20. SHEIN invites customers to share their fun finds on social media by tagging @SHEIN_US with hashtag #TheHungerGamesxSHEIN on all social platforms.

For more information on The Hunger Games x SHEIN collaboration and to explore the collection, please visit:https://us.shein.com/campaigns/thehungergames2025ss?onelink=9/4hfbnd6at83a&requestId=olw-4hwmpua0ahos&url_from=onelink590197771464048693.

About SHEIN

SHEIN is a global online fashion and lifestyle retailer offering SHEIN-branded apparel and products from a global network of vendors, all at affordable prices. Headquartered in Singapore, SHEIN is committed to making the beauty of fashion accessible to all, promoting its industry-leading, on-demand production methodology for a smarter, future-ready industry. To learn more about SHEIN, visit www.sheingroup.com.

About Lionsgate Global Products & Experiences

Lionsgate Global Products & Experiences is a division within Lionsgate Studios Corp. (Nasdaq: LION), one of the world’s leading standalone, pure play, publicly-traded content companies. By leveraging the studios’ world-class portfolio of film and television brands and franchises, the division drives incremental revenue and builds consumer engagement via live shows and experiences, location-based entertainment destinations, games, physical and digital merchandise, and select strategic partnerships and investments.

The group has announced multiple stage productions (Dirty Dancing, La La Land, Wonder and Nashville for Broadway, and The Hunger Games for London), integrations with marquee games (Call of Duty, Dead By Daylight, Roblox, and Fortnite), and collaborations with best-in-class consumer products licensees (LEGO, American Classics, Hot Toys, Funko, and more). Attractions based on Lionsgate’s top franchises The Hunger Games, John Wick, SAW and other iconic IP can be found at theme parks and destinations in Asia, the United States, the United Kingdom, and the Middle East, with the highly anticipated John Wick Experience now open in Las Vegas.

 

Yanolja Reports 2024 Financial Results

Record Aggregate TTV Growing 186% Year-Over-Year

Enterprise Solutions Revenue Grew 62% Year-Over-Year

NEW YORK, March 31, 2025 /PRNewswire/ — Yanolja Co., Ltd., (“Yanolja”) a global travel technology company, today announced its full-year 2024 results under Korean International Financial Reporting Standards (K-IFRS).

Sujin Lee, Chairman and CEO of Yanolja, shared, “We concluded the year with record-breaking financial performance across both our Enterprise Solutions and Consumer Platform, engaging with more travel enterprises and travelers than ever before. Particularly, our Enterprise Solutions reported an impressive 62% year-over-year increase in revenue, highlighting the substantial scale and growth potential of this segment globally.” He continued, “I am incredibly proud of Yanolja and our teams for their relentless dedication and innovative spirit in driving our customers’ success. As we advance our mission to revolutionize the travel industry, our recent strategic partnerships with Google Cloud and Amazon Web Services in addition to our collaboration with OpenAI mark a significant step forward as these collaborations will drive the development of a next-generation, AI-powered data enablement platform, further solidifying Yanolja’s position as a global travel technology leader.”

Full Year 2024 Highlights

  • Aggregate TTV[1] reached Won 27.0 trillion (USD 18.3 billion)[2], up 186% compared to 2023.
  • Consolidated operating revenue reached Won 924.5 billion (USD 625.6 million), up 22% compared to 2023.
    • Enterprise Solutions revenue[3] was Won 292.6 billion (USD 198.0 million), up 62% compared to 2023
    • Consumer Platform revenue[3] was Won 671.2 billion (USD 454.2 million), up 6% compared to 2023.
  • Consolidated Adjusted EBITDA[4] was Won 114.7 billion (USD 77.6 million), up 68% compared to 2023, and Adjusted EBITDA Margin[4] was 12.4%.
    • Enterprise Solutions Adjusted EBITDA was Won 67.7 billion (USD 45.8 million), up 295% compared to 2023, and Adjusted EBITDA Margin was 23.1%.
    • Consumer Platform Adjusted EBITDA was Won 88.4 billion  (USD 59.8 million), up 4% compared to 2023, and Adjusted EBITDA Margin was 13.2%.

Jeff Kim, CEO of Yanolja Cloud, added, “Our Enterprise Solutions have reached significant size and scale, now serving over 1.3 million travel businesses and more than 21,000 sales channels globally. We established our position as a leading global travel technology with our unique data and AI technologies and are accelerating the shift toward fully automated, personalized and AI-powered end-to-end travel services. As we continue to advance our capabilities and expand our global footprint, we remain focused on driving sustainable growth and profitability.”

Following the completed integration of the company’s consumer channels at the end of 2024 under NOL Universe, Bo-chan Bae, CEO of NOL Universe remarked, “NOL Universe dreams of a complete ecosystem that connects all moments of daily life beyond travel, accommodation, and entertainment. To do this, we will revolutionize the way we consume leisure, providing a more intuitive and immersive experience for our travelers.”

2024 Business Highlights

  • Aggregate TTV grew by 186% year-over-year, driven by strong performance across both our Enterprise Solutions and Consumer Platform. [5] Aggregate TTV serves as a key metric reflecting the scale and growth of transactions across Yanolja’s businesses. Leveraging proprietary transaction data, Yanolja analyzes global travel trends and delivers AI-powered, tailored services through its advanced data platform. This growth highlights the platform’s reliability and technological sophistication. The strong[5] aggregate TTV performance reinforces Yanolja’s continued global expansion and strengthens its position as a leading and trusted provider of innovative, data-driven solutions in the travel industry.
  • Enterprise Solutions revenue increased 62% year-over-year, driven by strong performance across our businesses, supported by global expansion, enhanced product offerings, increased customer wallet share, and strategic inorganic initiatives. Adjusted EBITDA margin reached 23.1%, representing a 14-percentage-point improvement from 2023, reflecting the growing operating leverage of our solutions business. Notably, the proportion of AI Data Solution revenue within Enterprise Solutions increased from 14% in Q1 2024 to 25% in Q4 2024.
  • Consumer Platform revenue increased 6% year-over-year, supported by stable growth in both inbound and outbound travel compared to the prior year, despite macroeconomic uncertainty, domestic political and economic challenges, and unfavorable FX headwinds in the second half of 2024. In addition, we completed the integration of our consumer channels — Yanolja Platform and InterparkTriple Corp. — forming NOL Universe, a unified platform that offers users a comprehensive range of travel and leisure services, enhanced personalization, and a more rewarding customer experience.

1 Aggregate TTV (Total Transaction Value) consists of two components: Direct TTV, which includes transactions where we earn a fee, and Indirect TTV, which reflects the transaction value associated with our Subscription and Data Solutions — indicative of the data we have access to, even if we don’t directly handle the transactions. TTV includes intercompany transactions; as a result, individual components may not sum precisely to the total.

2 Figures stated in USD are based on December 31, 2024, FX rate where $1 USD = 1,477.86 KRW.

3 Revenue excludes intercompany transactions, holdings and others, portions may not add up to total.

4 Yanolja reports Adjusted EBITDA, a non-K-IFRS financial measure. As it is not defined under K-IFRS, comparisons with similarly titled metrics reported by other companies may not be meaningful. Segment figures may not sum to the consolidated total due to holding company and other corporate-level adjustments. Adjusted EBITDA for a given period is defined as profit or loss for the period adjusted for (i) income tax expense; (ii) depreciation and amortization; (iii) equity settled share based payment; (iv) impairment loss on intangible assets; (v) commission incurred outside ordinary course of business and other expenses; (vi) finance income and expenses, net; (vii) gains or losses on investments in associates, net; and (viii) profit (loss) from discontinued operations, net of tax. Adjusted EBITDA margin is defined as Adjusted EBITDA divided by operating revenue.

5 Year-over-year fluctuations are presented in constant currency, as Yanolja reports its results in Korean Won. U.S. dollar comparisons are provided for convenience and may be subject to calculation adjustments.

Non-IFRS Financial Measures

To supplement Yanolja’s consolidated results prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), this press release includes certain unaudited non-IFRS financial measures, such as total transaction value, revenue, adjusted EBITDA and adjusted EBITDA margin, for the corresponding period. These measures should be considered as supplementary information and not as substitutes for financial results prepared under K-IFRS.

It is important to note that K-IFRS may differ from International Financial Reporting Standards (IFRS), and as a result, these non-IFRS financial measures may not be directly comparable to similar metrics reported by companies following IFRS. Additionally, these non-IFRS financial measures may exclude certain non-cash items and the impact of investment-related transactions to better reflect the performance of the company’s core operations. Non-IFRS adjustments may also include relevant adjustments for the company’s major associates based on publicly available financials or management estimates.

Yanolja’s management believes these non-IFRS measures provide valuable insights into the company’s operational performance by excluding items that may obscure underlying trends. However, investors are advised to consider the limitations of these measures when evaluating the company’s overall financial performance.

About Yanolja Co., Ltd.

Yanolja Co., Ltd. is a leading AI-powered data enablement platform redefining the global travel ecosystem to deliver personalized travel experiences and uncover operational efficiencies for travel enterprises. Built on the vision that hyper-connects people to their unique travel dreams and fully automates travel enterprise operations, Yanolja has developed advanced AI data technologies and transformed the entire travel industry. Operating in more than 200 countries, Yanolja provides integrated transaction solutions, including a leading consumer platform in Korea, as well as subscription and AI data solutions, to provide connectivity, efficiency, and personalization that redefines the future of the travel industry for both travelers and travel enterprises.

For Press Information:

Christina Kim, Corporate PR Manager
Christina.kim@yanolja.com
+1 206-245-7392

For Investor Relations:

Alexander Hagens, Corporate IR Manager
Alexander.hagens@yanolja.com
+1 832-661-7125

Best AI-Powered Video Conference Camera: Video Bar Insta360 Connect is Here to Upgrade Your Hybrid Meetings

LOS ANGELES, March 31, 2025 /PRNewswire/ — With remote and hybrid work rapidly becoming the new normal, high-quality video conferencing tools are essential for any workplace. Enter Insta360 Connect, a dual-4K AI video bar that eliminates the grainy visuals, awkward angles, and poor audio that so often dominate online meetings, instead delivering crystal-clear image quality and seamless communication for both in-room and remote participants.

Insta360 Connect's 8K Gallery Mode displays up to eight participants in individual windows.
Insta360 Connect’s 8K Gallery Mode displays up to eight participants in individual windows.

Drawing on Insta360’s expertise in imaging and audio technology and following the success of the Insta360 Link webcam series, Connect aims to redefine hybrid meetings. The sleek video bar directly connects to your device via USB-C or wirelessly and acts as your camera, microphone, and speaker. It works with all major platforms, including Microsoft Teams, Zoom, and Google Meet.

Advanced Imaging, Unmatched Visuals

Insta360 Connect boasts dual 4K cameras—a wide-angle camera with a 1/1.3″ CMOS sensor and a telephoto gimbal camera. Working seamlessly together, they ensure clear, detailed visuals for both group views and individual close-ups, so no one is left out or lost due to blurry image quality. AI Resolution+ enhances clarity and improves color accuracy with machine-learning algorithms, highlighting the speaker in double resolution for faster identification. Blending cutting-edge hardware with innovative AI algorithms, Connect provides remote participants with interactions that feel like the real thing.

Superior Audio

An industry-leading 14-microphone array captures voices up to 33 feet away, and a 3A audio algorithm eliminates reverb and echoing, ensuring everyone can be heard clearly, no matter their distance from the device. Unlike built-in computer microphones that struggle to filter out background noise, Connect’s adaptive audio system analyzes and adjusts to the environment in real-time, muting distractions like typing or air conditioning.

“Insta360 Connect does a great job of picking up audio from near the speaker and across the room…with noise reduction technology. Audio was also clear on the other end of the calls… The single 25W speaker was loud and clear in our medium-sized conference room, even at 50% volume.”

-Abcom Distribution

Intelligent Features for Seamless Collaboration

Connect offers several advanced features to improve meeting dynamics, including 8K Gallery Mode, which displays up to eight participants in individual windows, and Group Framing, which automatically adjusts the view to present all participants for balanced, inclusive meetings.

Advanced Speaker Tracking follows the speaker as they move around the room, ideal for presentations and online classes. While regular cameras can only identify the general direction of the speaker, Connect creates individual profiles through intelligent voiceprint, and face, body, and lip recognition technologies, ensuring they always remain center stage.

Additionally, Connect includes:

  • Multi-Person Tracking for seamless transitions between participants.
  • Whiteboard Mode for clear visibility during lessons and brainstorms, even if the whiteboard is blocked from view.
  • Speakerphone Mode for professional audio via Bluetooth.
  • Privacy Mode that instantly conceals the lens and mutes the microphone.

Available Now

Basic audio and visuals have made hybrid meetings unbearable for too long. For flawless communication, Insta360 Connect is available today from the Insta360 Official Store and trusted retailers such as Amazon, starting from US$1,999.

About Insta360

With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360° cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

For more details visit: http://www.insta360.com
About Insta360 Enterprise: https://www.insta360.com/enterprise
About the Think Bold Fund: https://www.insta360.com/ThinkBoldFund
Read our blog: https://www.insta360.com/blog
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Follow us on Instagram: http://www.instagram.com/insta360
Follow us on Insta360 Conferencing Account: https://www.instagram.com/insta360conferencing/
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