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Global Times: Xi urges healthy, high-quality development of private sector

BEIJING, Feb. 18, 2025 /PRNewswire/ — Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Monday urged efforts to promote the healthy and high-quality development of the country’s private sector, the Xinhua News Agency reported.

Xi, also Chinese president and chairman of the Central Military Commission, made the remarks when attending a symposium on private enterprises, where he delivered an important speech after listening to representatives of private entrepreneurs.

The private sector enjoys broad prospects and great potential on the new journey in the new era. It is a prime time for private enterprises and entrepreneurs to give full play to their capabilities, Xi said.

He urged reaching consensus and firming up confidence to promote the healthy and high-quality development of the private sector.

Huawei’s Ren Zhengfei, BYD’s Wang Chuanfu, New Hope’s Liu Yonghao, Will Semiconductor’s Yu Renrong, Unitree Robotics’ Wang Xingxing, and Xiaomi’s Lei Jun put forward their opinions and advice on the development of the private sector, Xinhua reported.

According to a report posted on its official Weibo account by Yuyuantantian, a social media account affiliated with CCTV, participating entrepreneurs also included Alibaba founder Jack Ma, DeepSeek founder Liang Wenfeng, Tencent’s board chairman and CEO Ma Huateng, and CATL chairman Zeng Yuqun, among others.

Unswerving support

Xi said the Party and the country are committed to unswervingly consolidating and developing the public sector and unswervingly encouraging, supporting and guiding the development of the non-public sector, Xinhua reported.

The Party and the country ensure that economic entities under all forms of ownership have equal access to factors of production in accordance with the law, compete in the market on an equal footing, and are protected by the law as equals, he said.

The new journey in the new era has provided abundant new opportunities and greater space for the development of the private sector, Xi said. He stressed that the current difficulties and challenges facing the private sector can be overcome and called for confidence in the future.

Xi urged resolutely dismantling obstacles that prevent enterprises from accessing production factors equally and competing in the market fairly, further opening the competitive areas of infrastructure to various business entities in a fair manner, and continuously making solid efforts to address the difficulties faced by private enterprises in obtaining affordable financing.

He also stressed the effective protection of the lawful rights and interests of private enterprises and entrepreneurs in accordance with the law. Private enterprises and entrepreneurs should embrace entrepreneurship and patriotism, focus on strengthening, optimizing, and expanding their businesses, and be firm contributors to building socialism with Chinese characteristics and advancing Chinese modernization, Xi said.

This symposium reflects the central government’s confidence in the development of the private economy and its unwavering determination to support its growth, Li Changan, a professor at the Academy of China Open Economy Studies at the University of International Business and Economics, told the Global Times on Monday.

“In technological advancement, the private economy is crucial. Particularly in the fields of digital economy and artificial intelligence, it has strong innovation capabilities, making it a crucial force in enhancing China’s international competitiveness in the tech sector,” Li said.

“Its positive role in areas such as job creation and driving technological innovation to spur economic growth will become even more prominent,” Li said.

In China’s economic policymaking, policymakers and economists often use a rather apt term to describe the integral role the private sector plays in the country’s social and economic development: “56789.” This refers to private firms’ contribution of more than 50 percent to national tax revenue, more than 60 percent to the national GDP, more than 70 percent to technological innovation achievements, more than 80 percent to urban employment, and 90 percent to the total number of enterprises in China, Xinhua previously reported.

According to the State Administration for Market Regulation, by the end of September 2024, the number of registered private enterprises nationwide exceeded 55 million, with private enterprises accounting for 92.3 percent of the total number of enterprises.

Great opportunities

Galaxy Space’s founder and CEO Xu Ming was among participants of Monday’s symposium, according to official account of Information Office of Wuxi municipal government. Xu told the Global Times on Monday that he was deeply honored to be invited to attend the symposium.

As a representative of private commercial aerospace enterprises, Xu said that he deeply felt President Xi’s high regard for the development of private enterprises and technological innovation. “Our confidence in the future of private enterprises has been greatly enhanced, and we are more determined than ever in our commitment to technological innovation and self-reliance,” Xu said, adding that he feels the private economy is ushering in new opportunities with great potential ahead.

“This symposium will further boost market confidence and emphasize the significant role that private enterprises play in the national economy, while also providing guidance for the future development of the private economy,” Hu Qimu, deputy secretary-general of the digital-real economies integration Forum 50, told the Global Times on Monday.

Private enterprises are playing an increasingly active and important role in areas such as job creation and technological innovation, Hu said, giving examples of DeepSeek and Unitree Robotics – both have sparked intensive discussion, which Hu said highlights the strong innovative vitality of private enterprises.

With the important messages from the symposium, private enterprises should seize this important opportunity and continue to explore new areas for growth, Hu said.

https://www.globaltimes.cn/page/202502/1328605.shtml

KONE awarded CDP’s ‘A’ score for climate action

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — KONE Corporation (HEL: KNEBV), a global leader in the elevator and escalator industry, has been awarded an ‘A’ score for environmental transparency and action for climate, by the global environmental non-profit CDP.

KONE recognized by CDP for its climate action for the 12th consecutive year
KONE recognized by CDP for its climate action for the 12th consecutive year

Based on data reported through CDP’s 2024 Climate Change questionnaire, KONE is among the few companies that have achieved an ‘A’ out of nearly 25,000 companies scored. KONE has reported through CDP since 2009, and 2024 marks the 12th consecutive year for KONE to receive a leadership score of A or A-.

“We are honored to receive a position on CDP’s prestigious A list for climate action. We are accelerating our efforts to cut our carbon emissions and help our customers decarbonize. Our innovative solutions, such as the regenerative drive technology, significantly reduce the elevator’s energy consumption, leading to a smaller carbon footprint. Playing an active role in Southeast Asia for over 45 years, we already see the impact our solutions make in both new and existing buildings. Together with customers and partners, we continue to lead the way to make this region’s cities smarter, more sustainable, and better places to live”, says Edward Loy, KONE Managing Director for Southeast Asia.

KONE was the first in its industry to set ambitious, science-based targets to reduce emissions. With its climate pledge, KONE is committed to a 50% reduction in the emissions from its own operations (scope 1&2), compared to a 2018 baseline and pledged to have carbon neutral operations by 2030. In addition, KONE targets a 40% reduction in emissions related to its products’ materials and lifetime energy consumption, relative to products ordered (Scope 3).

KONE’s dedicated efforts to reduce emissions are delivering meaningful results. In 2024, KONE reached a 29% reduction in absolute emissions from its own operations and a 12.8% reduction in scope 3 emissions, relative to products ordered, compared to a 2018 baseline. In the summer of 2023, KONE became the first company in the industry to achieve carbon neutral manufacturing units globally, 18 months ahead of schedule. Today, KONE’s various elevator and escalator products are recognized in four Southeast Asian countries[1] respectively with the leading industry-first green building product certifications.

CDP is a global non-profit that runs the world’s only independent environmental disclosure system. In 2024, a record number of nearly 25,000 companies disclosed data on environmental impacts, risks, and opportunities through CDP’s platform.

[1] The awarded certification schemes are Green Product Council Indonesia’s Green Label certification (Gold rating), Malaysia’s green recognition scheme MyHIJAU Mark, Singapore Green Building Product certification (Leader rating) and Vietnam’s LOTUS Green Product certification.

About KONE
At KONE, our purpose is to shape the future of cities. As a global leader in the elevator and escalator industry, we move two billion people every day, making their journeys safe, convenient, and reliable with smart and sustainable People Flow®.

 

Regulation of Cryptocurrency Market in 2025 and Beyond by Global Broker Octa


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 18 February 2025 – The global cryptocurrency market has seen unprecedented growth in the previous year, spearheaded by Bitcoin and Ethereum. Institutional participation was very important in driving prices higher, with Bitcoin reaching an all-time high above $100,000 in December 2024. With the spreading adoption of crypto assets, regulators have paid even more attention to the industry. Kar Yong Ang, a financial market analyst at Octa Broker, explains what regulation can be expected in 2025 and beyond.

Octa

Key Events Shaping the Cryptocurrency Market in 2024–2025
The cryptocurrency market has entered a new phase, defined by record-breaking milestones and regulatory shifts that are reshaping opportunities for traders and institutional investors. Bitcoin’s surge past $100,000 in December 2024 underlined the increasing mainstream acceptance of digital assets. Institutional adoption played a leading role in this rally. Companies such as MicroStrategy expanded their Bitcoin holdings, cementing the asset’s store-of-value status, while Bitcoin ETFs made access easier for retail and institutional investors alike, boosting liquidity and demand.

This trajectory is also framed through regulatory changes. The friendly crypto attitude taken by the Trump administration, from its Crypto Task Force to the plan for a national Bitcoin reserve, has put the grounds on a much friendlier landscape for institutional investments. Meanwhile, Europe has moved in a structured manner with the full implementation of the Markets in Crypto-Assets framework in January 2025, bringing legal clarity and market stability across EU member states. Yet, in Asia, the regulations are mixed: Hong Kong has been trying to reaffirm ambitions to be a digital-asset hub by issuing fresh licenses for new crypto exchanges, while China is tightening restrictions on crypto-related financial activities in its bid to cut high-risk transactions.

Factors Influencing Cryptocurrency Prices Factors Influencing Cryptocurrency Prices
Regulatory decisions, institutional involvement, and macroeconomic conditions will interact in complex ways to determine the prices of cryptocurrencies in 2025.

Regulatory Factors: Frameworks and Compliance Standards
Regulatory oversight has remained one of the most significant drivers of market sentiment. The FATF revised its guidelines on virtual assets to include a more robust framework toward compliance to mitigate illicit financial activity. While such efforts bring greater transparency, they simultaneously affect transaction privacy and how decentralised exchanges function, shifting how market participants operate.

Yet, in the United States, the SEC’s relaxing of restrictive accounting rules on cryptocurrency holdings has given corporations a clearer pathway for putting Bitcoin on their balance sheet. This, along with the expected acceleration of institutional adoption, will likely increase the presence of digital assets in corporate portfolios.

According to Kar Yong Ang, a financial market analyst at Octa Broker, ‘Regulation is going to make the difference to crypto market stability in 2025: even as clearer rules can boost investor confidence, rigid measures may affect liquidity and innovation’. Critical decisions on regulation, macroeconomic factors, and the rise of institutional investors’ participation in the digital asset space will shape the outlook for this year.

Macroeconomic Factors: Interest Rates, Inflation, and Monetary Policy
Besides regulation, broader economic trends are driving investor behaviour toward crypto assets. For example, the Federal Reserve’s monetary tightening in 2024 to contain inflation accelerated demand for alternative assets such as Bitcoin. Many investors now consider Bitcoin digital gold, a hedge against inflation and a store of value during periods of economic turmoil. This trend has been most pronounced in countries with weak fiat currencies, where crypto adoption has accelerated to preserve purchasing power.

Institutional Investors and Market Liquidity
With the increased participation of corporations and investment funds, crypto markets have become more liquid, thus increasing stability and raising concerns about over-centralisation and regulatory control.

With the launch of Bitcoin and Ethereum ETFs, BlackRock, the world’s largest asset manager, has further consolidated its position and opened up crypto assets to traditional investment channels. This has helped legitimise cryptocurrency further and fed demand for regulated crypto investments. Meanwhile, speculation continues to build over potential government Bitcoin accumulation. Some analysts say the U.S. Treasury could consider adding Bitcoin to its reserves, which would change market dynamics and speed up institutional adoption.

While institutional involvement strengthens market stability, it also concentrates Bitcoin holdings in fewer hands, increasing the risks of regulatory intervention and market manipulation and challenging the decentralised foundation of digital assets.

The Road Ahead for Crypto Markets
In 2025, the cryptocurrency market is defined by regulatory shifts, institutional expansion, and macroeconomic forces. Bitcoin’s surge past $100,000 reflects growing confidence, but its long-term trajectory depends on global policy decisions. The EU’s MiCA framework fosters stability, while the U.S. adopts a more crypto-friendly stance. Meanwhile, Asia remains divided between regulatory tightening and innovation. Institutional players like BlackRock continue to drive liquidity, but the industry must balance mainstream adoption with decentralisation. Staying adaptable will be key for investors looking to navigate and capitalise on emerging opportunities.

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Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.
Hashtag: #Octa

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

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Bluecrux recognized as a supply chain pioneer in multiple Gartner® reports

AALST and MECHELEN, Belgium, Feb. 18, 2025 /PRNewswire/ — Bluecrux, a leading value chain consulting and technology company, has been recognized as a pioneer in multiple Gartner® reports. This recognition highlights the company’s innovative approach to addressing complex supply chain challenges and its commitment to transforming traditional supply chains into smart, resilient value chains.

Gartner’s acknowledgment underscores Bluecrux’s role in delivering cutting-edge solutions through its proprietary technologies, Axon™, a digital supply chain twin, and Binocs™, a lab planning and scheduling platform. These tools are instrumental in reshaping supply chain strategies and optimizing operations for global businesses.

Recognized across multiple Gartner® market guides

Gartner® market guide for supply chain strategy, planning & operations

Recognized for its ability to bridge the gap between vision and execution, Bluecrux has been named one of the top 20 consulting partners globally for supply chain strategy, planning and operations. Gartner highlighted Bluecrux’s expertise in crafting digital roadmaps and integrating innovative solutions, such as Axon and Binocs, to enhance operational efficiency and strategic decision-making.

Gartner® market guide for supply chain planning solutions integrators

Identified as a boutique consulting firm, Bluecrux specializes in implementing leading digital supply chain planning solutions, including Anaplan, One Network (by Blue Yonder), Kinaxis, and OMP. Gartner emphasized Bluecrux’s tailored, end-to-end service approach, which aligns technology deployment with each client’s unique needs, goals, and operational maturity.

Gartner® market guide for analytics and decision-making platforms

Bluecrux was also named among key global vendors driving innovation in analytics and decision-making platforms. Both Axon and Binocs were recognized as significant technologies in this space, praised for their ability to deliver real-time visibility, predictive analytics, and AI-driven scenario modeling.

Driving innovation with emerging technologies

Gartner’s reports highlight Bluecrux’s strengths in master data management and its commitment to improving implementation quality and user adoption through emerging technologies, such as generative AI. By leveraging advanced analytics, AI-powered forecasting, and scenario planning, Bluecrux empowers businesses to navigate supply chain complexities with confidence.

A trusted partner in digital transformation

“As businesses face increasing complexity and uncertainty, our recognition in Gartner’s influential reports reaffirms Bluecrux’s position as a trusted partner in driving digital transformation across supply chain planning and execution,” said Koen Jaspers, CEO & Co-founder of Bluecrux. “We are honored by this acknowledgment, which reflects our dedication to delivering impactful, innovative solutions for our clients.”

About Bluecrux

Founded in 2011, Bluecrux is a leading value chain consulting and technology company that helps global organizations navigate and optimize their supply chains. With a presence in Europe, the US, and APAC, Bluecrux combines deep expertise with innovative technologies like Binocs™ and Axon™ to transform challenges into opportunities.

For more information, visit www.bluecrux.com.

Singapore’s Fastest-Growing Firm PFPFA Celebrates Four Years of Client-Centricity and Trust

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — PFPFA Pte. Ltd. proudly marks its fourth anniversary, celebrating a journey of rapid expansion and recent industry accolades. Having obtained its FA licence in 2021, PFPFA has swiftly risen to prominence as Singapore’s fastest-growing company, underscoring its unwavering commitment to excellence and client-centric services.

Most recently, PFPFA secured the Number One ranking in the prestigious Fastest Growing Companies 2025 list, a collaboration between The Straits Times and Statista that identifies the top 100 local businesses exhibiting significant revenue growth over recent years. Additionally, PFPFA was honored with the Promising Brands Award at the Singapore Prestige Brand Award (SPBA) ceremony, highlighting its dedication to building a trusted and reputable brand in the financial services sector.

PFPFA sets itself apart as Singapore’s first financial advisory firm to provide an integrated suite of services, including wealth management, legacy planning through PFP Legacy Singapore, and healthcare solutions via Assure Family Clinic. This comprehensive approach ensures clients receive tailored strategies that address their financial, estate, and health requirements.

Reflecting on this journey, Mr. Jeffrey Chow, Chief Executive Officer of PFPFA, stated, “Our rapid growth and industry recognition are a testament to our team’s dedication and our clients’ trust. We remain committed to delivering innovative and comprehensive financial solutions that meet the evolving needs of our clients.”

As a token of appreciation to its existing clients, PFPFA is offering complimentary health screenings and assistance with completing an Advance Medical Directive (AMD) through its sister company, Assure Family Clinic. This initiative underscores PFPFA’s commitment to holistic client well-being, integrating health and financial planning to provide comprehensive support.

Looking ahead, SingWealth Holdings, PFPFA’s parent company, will be introducing PFP Legacy in Shanghai, extending its estate planning services to a wider clientele across Asia. As part of its regional expansion, SingWealth Holdings will also be obtaining an insurance brokerage licence in Hong Kong, enabling the group to offer comprehensive financial services to clients across the Greater Bay Area.

As PFPFA celebrates this milestone, it remains committed to its mission of providing exceptional financial advisory services. The firm looks forward to continuing its trajectory of growth, innovation, and client satisfaction in the years to come.

About PFPFA

PFPFA Pte. Ltd., established in 2020 and obtained its MAS licence as a financial adviser in January 2021, has quickly become one of the leading players in Singapore’s financial services sector. Our solutions cover investment services, insurance solutions, estate and business succession planning.

At PFPFA, we are committed to building enduring relationships with individuals, families, and businesses across the region, spanning generations. Our ethos revolves around understanding our clients’ evolving needs and delivering tailored solutions that meet their unique financial goals. With a focus on excellence and innovation, we strive to empower our clients to navigate their financial journeys with confidence.

Aon appoints Jennifer Richards as CEO of Asia Pacific


DUBLIN, IRELAND – Media OutReach Newswire – 18 February 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today announced that Jennifer Richards has been selected as CEO of Asia Pacific, effective 1 March.

Jennifer Richards

Richards assumes the role from Anne Corona who has recently been named CEO of enterprise clients and global chief commercial officer. She will work alongside the Asia Pacific Executive Committee to enhance the firm’s capabilities across the region, create distinctive value for clients, deliver growth and strong financial performance, inspire colleagues and execute on the 3×3 Plan. Richards will report to CEO of Regions, Lori Goltermann, join the Aon Executive Committee and move from Australia to Singapore in the coming months.

Since joining Aon in Australia 13 years ago, Richards has been a dedicated and passionate colleague, supporting Australian, regional and global clients to make better decisions to address their risk and people challenges. She served most recently as head of Australia where she has a track record of success, fostering key client relationships and embedding the firm’s 3×3 Plan to accelerate growth and capabilities across all solution lines.

“The Asia Pacific region is critical to Aon’s strategy, representing significant growth opportunities across a diverse market,” said Goltermann. “Jennifer’s experience, Aon United mindset and ability to build and inspire high-performing teams position her to lead the Asia Pacific region to continued success.”

Prior to joining Aon, Richards held several senior management roles at AIG in its Financial Institutions and M&A businesses in North America. Before joining the insurance industry, Richards practiced corporate and securities law at Sidley Austin LLP in New York City.

Richards said, “I am excited to work even more closely with this exceptional team and look forward to collaborating with such talented colleagues across the region. There is so much opportunity in the Asia Pacific region, and together we will build on our existing momentum and accelerate our ability to help our clients navigate the multi-faceted, complex and interconnected challenges they face.”

Read more about Aon in the APAC region: aon.com/apac
Hashtag: #Aon

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

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on , , and . Stay up-to-date by visiting Aon’s and sign up for news alerts .

Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness, or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

Cloudsway Unveils DeepSeek-Powered AI Solutions: A Deep Integration to Drive Enterprise Innovation

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — Cloudsway, a trusted partner for distributed AI infrastructure, has announced its support for seamless integration of full-powered DeepSeek R1/V3 models enabling enterprise users to deploy cutting-edge AI solutions tailored to their specific needs.

As reported, Cloudsway provides standardized API interfaces for businesses looking to rapidly integrate with DeepSeek. Developers can seamlessly access the full capabilities of DeepSeek-R1/V3, enabling stable and efficient AI inference services. This streamlined approach ensures quick access without extensive setup or configurations.

For organizations seeking extensive integration with DeepSeek’s advanced capabilities, Cloudsway offers model hosting services. This end-to-end solution simplifies model inference and optimization, without the complexities of hardware management and environment configuration. Users can benefit from Cloudsway’s globally available resources, experiencing fast, stable, and advanced AI services supported by robust and secure networks.

In addition to API interfaces and model hosting services for DeepSeek-R1/V3, Cloudsway has enhanced DeepSeek with a powerful knowledge engine to introduce AI Search service. By leveraging Cloudsway’s globally distributed AI infrastructure and ultra-low latency network, DeepSeek enables not only real-time data queries but also the comprehensive gathering, summarization, and analysis of real-time information from across the internet. Furthermore, through the integration of Retrieval-Augmented Generation capabilities, DeepSeek enriches its knowledge base to provide precise, intelligent, and timely responses. This advancement supports a variety of applications, including empathetic AI-driven customer service and cutting-edge insights.

Users can access via Cloudsway API to develop AI applications combining intelligent Q&A, knowledge management, and real-time search functionalities.

“Our mission is to provide efficient and accessible AI that empowers innovators to thrive in the digital age,” said William Du, Chief Strategy Officer at Cloudsway. “By integrating DeepSeek’s powerful AI models with our robust distributed AI infrastructure, we are enabling enterprises to build and deploy high-performance AI applications with unprecedented speed and security.”

About Cloudsway

Cloudsway is a trusted partner for distributed AI infrastructure, delivering fast, reliable, and efficient AI solutions. Supported by secured and robust architecture, Cloudsway offers industry-leading AI services and high-performing distributed inference capabilities, as well as reliable network and security solutions, empowering accelerated AI adoption, enhanced operational efficiency and AI-driven business transformation.

To date, Cloudsway has collaborated with over 100 leading AI models and with business operations spanning across 80 countries. The company has successfully supported hundreds of enterprises in their AI transformation journey.

Media Contact:

marketing@cloudsway.ai
www.cloudsway.ai

Mobicom Corporation Partners with Circles to Elevate Customer Experience with AI-Powered Digital Innovation Platform Xplore

Developed with global telcos, Xplore is now live and transforming digital experiences in Central Asia after successful launches in 4 markets

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — Mobicom Corporation, Mongolia’s largest mobile network operator, today announced a strategic partnership with Circles, a global telco technology company. Central to this partnership is the launch of Xplore, an advanced AI-powered software-as-a-service (SaaS) platform co-developed by Circles and leading global telecom operators. Designed to personalize user interactions, boost engagement and unlock new digital opportunities, Xplore has successfully gone live in four markets and will transform digital experiences for Mobicom Corporation and its consumers in Central Asia.

Koji Kurushima (right), Chief Executive Officer of Mobicom Corporation and Sanjay Kaul (left), Chief Revenue Officer of Circles, signed a partnership agreement to elevate customer experience in Central Asia with AI-powered Digital Innovation Platform Xplore, witnessed by Rameez Ansar (center), Co-Founder and Chief Executive Officer of Circles
Koji Kurushima (right), Chief Executive Officer of Mobicom Corporation and Sanjay Kaul (left), Chief Revenue Officer of Circles, signed a partnership agreement to elevate customer experience in Central Asia with AI-powered Digital Innovation Platform Xplore, witnessed by Rameez Ansar (center), Co-Founder and Chief Executive Officer of Circles

The launch of Xplore accelerates Mobicom Corporation’s digital evolution, strengthening its telecom leadership in Mongolia and Central Asia with AI-powered solutions that enhance customer engagement and unlock new opportunities.

Xplore: A Key Enabler of Mobicom Corporation’s Digital Transformation Strategy

As part of its commitment to next-generation digital experiences, Mobicom Corporation will integrate Xplore to enhance its service offerings with AI-powered content, expand customer touchpoints, and create new revenue opportunities. Xplore’s suite of applications will drive user interactions, enhance digital engagement and provide differentiated services in a competitive telecom landscape.

Key Features of Xplore

Xplore revolutionizes digital engagement for users with personalized, interactive and rewarding experiences designed to enhance customer enjoyment and participation.

  • Gamification: Users can participate in interactive challenges and earn rewards, making their digital experiences on telco apps more engaging and enjoyable.
  • Horoscope & Quiz Apps: Personalized horoscopes and entertaining quizzes encourage frequent interactions and which keep users coming back.
  • News & Polls: Customers can stay informed with curated news and share their opinions through interactive polls.
  • Tokenization & Rewards: A gamified reward system allows users to earn tokens for their engagement, enhancing loyalty and participation.
  • Analytics: AI-driven insights help personalize user experiences by tailoring content and recommendations based on individual interactions.

With Xplore, Mobicom Corporation is poised to unlock significant revenue growth through improved customer retention, enhanced engagement, and reduced churn. Xplore’s ecosystem enables cost-efficient innovation, allowing Mobicom Corporation to rapidly deploy new digital services without the heavy investment typically required for in-house development.

The launch of Xplore in Mongolia marks the fifth market where the platform has been deployed, following successful launches in Singapore, Australia, Japan, and the Middle East. Circles is leveraging its experience from these markets to help Mobicom Corporation deliver next-level AI-powered engagement.

Unlocking New Revenue Streams for Mobicom Corporation

Koji Kurushima, Chief Executive Officer of Mobicom Corporation, said, “The future of telco lies in creating seamless, digital-first experiences that go beyond connectivity. At Mobicom Corporation, we see our partnership with Circles as more than just adopting new technology—it is about reimagining how we engage, entertain, and add value to our customers’ lives. With Circles, we are unlocking new possibilities that will set a new benchmark for digital innovation in Mongolia and inspire the next era of mobile experiences.”

Sanjay Kaul, Chief Revenue Officer of Circles, said, “We are excited to partner with Mobicom Corporation to transform digital engagement in Mongolia. Mobicom Corporation is redefining what it means to be a digital-first telco, and we’re proud to support this journey. With the launch of Xplore, an AI-powered platform developed by Circles with global telco operators, Mobicom Corporation is unlocking new opportunities to engage customers. This partnership highlights the growing demand for agile, AI-driven digital ecosystems. We are committed to helping Mobicom Corporation drive engagement, unlock new revenue streams and set new standards for digital innovation in Mongolia and beyond.”

About Mobicom Corporation

Mobicom group is the leading Mongolian telecommunication and information technology company. Mobicom group provides ICT services such as cellular, and satellite communications, high-speed internet, digital payment solutions, data centers, content and video streaming services, network infrastructure, intercity and international network services, and digital content to government, enterprises, and individuals. Mobicom group is leading the Digital Transformation and successfully localizing IoT, AI, ML, and 5G technologies in Mongolia.

About Circles

Founded in 2014, Circles is a global technology company reimagining the telco industry with its SaaS platform, helping telco operators launch and operate successful digital brands. Today, Circles is partnering with operators in 14 countries across 6 continents with the mission to deliver digital experiences to millions of people through our businesses.

With Circles.Life, our digital lifestyle brand, we empower and delight customers across the world by offering digital experiences that go beyond traditional telco services.

Circles is backed by global investors such as Peak XV Partners, Warburg Pincus, EDBI and Founders Fund – renowned institutions with a track record of backing industry-shaking innovators.

Media Contact: Dhanyasree Muraleedharan, dhanyasree@themarkway.com