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SKF launches updated brand to increase stakeholder value

GOTHENBURG, Sweden, March 5, 2025 /PRNewswire/ — For over 100 years, SKF is recognized as a leader in products and solutions that reduce friction. Now, the company is stepping up its efforts, not just reducing friction but actively fighting it to move the world forward. The aim is to make industry smarter, more competitive, and more energy-efficient, ultimately contributing to a more sustainable society where more can be done with less. 

To align the brand with today’s offering and values, SKF is making subtle but significant changes to its brand. The updated brand reflects the business SKF has become, helping the Group to further stand out in the industry, attract more customers, and drive profitable growth. 

“Our brand is the accumulation of everything we do – innovations, values, people, reputation, communication and our desired future state. From a business perspective, we are building favorability among current and potential customers, employees, investors, partners, and beyond. It is a way of earning our place in the world while staying true to our values and purpose,” says Rickard Gustafson, President and CEO. 

The new brand strategy builds on SKF’s historical, current, and future strengths, refining communication to tell a bigger story. This new direction aims to bridge the gap between SKF’s extensive impact on the world and public perception, which means highlighting the Group’s commitment to innovation, sustainability, and industry leadership.  

“Only a few companies in the world can reduce friction like SKF. Wherever there is rotation, we show up – from bicycles to high-speed trains, from paper mills to washing machines. A fantastic position to have, but also an inspiring story still to be told. We have been fighting friction since 1907 and today it is more relevant than ever before”, says Per Nilsson, Director Communication. 

The refreshed brand identity is bolder and more modern, yet unmistakably SKF. It includes a subtly redesigned logo, a fresher blue, a new typeface, and more distinctive photography. As part of the update, SKF will also provide better marketing support for distributors, including a redesigned distributor identity that is simpler, more consistent, and easier to recognize.  

“Through almost 120 years of innovation, we’ve developed products and solutions that reduce friction. Now we’re stepping that up. Not just reducing friction but actively fighting friction to move the world forward and telling the story about the difference we make,” says Rickard Gustafson, President and CEO. 

Facts  

These updates will be rolled out over the coming year across new marketing and communications materials, a refreshed website, and other digital channels. The logotype and other assets with the new brand identity could be found brandhub.skf.com 

We’re fighting friction to move the world forward – SKF

Explore the reinforced SKF brand

For further information, please contact: Press Relations: Karin Markhede, +46 70 758 87 30; karin.markhede@skf.com 

This information was brought to you by Cision http://news.cision.com

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Orange Money Burkina Faso expands Collaboration with Comviva for Next-Generation Mobile Money Services

  • Orange Money Burkina Faso upgrades to Next-Generation mobiquity® Pay leading a revenue growth driven by Comviva
  • The upgraded platform is driving the launch of innovative products and services, enabling an agile response to business needs, and accelerate time-to-market

BARCELONA, Spain, March 5, 2025 /PRNewswire/ — Orange, a key player in Burkina Faso’s mobile money landscape, today announced the successful upgrade of its mobile money platform to Comviva’s next-generation mobiquity® Pay. This strategic enhancement aims to foster innovation and ensure seamless service delivery for Orange Money users in Burkina Faso.

The advanced platform will empower Orange to rapidly scale its payment services while ensuring smooth integration within the broader ecosystem. With an open architecture and API-first approach, the platform enhances flexibility and interoperability. Additionally, its advanced security features—including robust authentication and authorization modules, as well as session management capabilities—strengthen fraud prevention measures, ensuring a secure environment for Orange Money users.

Christophe Baziemo, Chief Executive Officer at Orange Money Burkina Faso, commented on the partnership, stating, “Orange Money is one of our key growth drivers, contributing significantly to economic and social development in Burkina Faso. We are particularly impressed by Mobiquity® Pay’s microservices architecture, open design, and API-first philosophy, which will enable us to significantly expand the Orange Money ecosystem in the region and provide disruptive services to our customers.” 

Rajesh Chandiramani, Chief Executive Officer at Comviva, added, “For over a decade, Comviva has been a trusted partner to Orange, managing the design and technical operations of their platform. Recognizing the evolving landscape of mobile money, Orange’s decision to upgrade to mobiquity® Pay reflects its commitment to staying ahead. Comviva’s successful migration leading revenue growth approach, leveraging our extensive experience in large-scale and complex migrations, has successfully completed over 30 transitions in the past decade. This upgrade, the first of its kind at this scale in the region, paves the way for transformative advancements in digital payments. We are thrilled to continue our partnership with Orange on their digitization journey. The extensibility, configurability, and low-code features of mobiquity® Pay will enable them to launch new services at an accelerated pace.” 

The new platform represents a state-of-the-art, cloud-native solution offering a comprehensive suite for digital money, wallets, and payments. Its robust and scalable architecture ensures a secure and user-friendly experience, while enhanced modularity facilitates faster time-to-market for new services.

 

SanyouBio Launches 73 Whole-Series Bispecific Reference Antibody Products, Facilitating New Breakthroughs in Bispecific Drug Development

SHANGHAI, March 5, 2025 /PRNewswire/ — SanyouBio announced today the official launch of 73 whole-series bispecific antibody reference products, covering globally approved and representative clinical-stage bispecific antibody drugs. The launch of this product series will provide robust support for the development of bispecific antibody drugs, helping to overcome critical challenges in drug development.

The development of bispecific antibody drugs is at the forefront of antibody research. Compared to monoclonal antibodies, bispecific antibody drugs can simultaneously bind to two different antigens or epitopes, theoretically leveraging the synergistic effects of dual targets, thereby overcoming limitations such as drug resistance associated with single-target therapies. By the end of 2024, 19 bispecific antibody drugs have been approved globally, with hundreds more in development. This number is expected to continue growing by 2025. According to Market.us, the global bispecific antibody drug market is projected to grow at a compound annual growth rate (CAGR) of 37.5% from 2024 to 2033, reaching a market size of hundreds of billions of dollars by 2033.

Bispecific antibody drugs hold significant clinical value and market demand. Leveraging its self-developed high-quality bispecific antibody preparation platform, SanyouBio has successfully prepared 73 bispecific reference antibody products, covering all approved and representative clinical-stage bispecific antibody drugs. These products were officially launched on March 5, 2025.

As a core product of SanyouBio, the bispecific reference antibody products encompass dozens of configurations, including CrossMab, Duobody, BiTE, DRAT, and Fab. Each configuration has undergone rigorous quality control and data validation to ensure superior binding affinity and stability. These reference products are not only suitable for early-stage drug screening but also for preclinical efficacy evaluation.

In addition to bispecific antibody reference products, SanyouBio has developed a one-stop bispecific design application called OneClick+, which integrates over 150 antibody configuration diagrams, covering four major categories: classic bispecific antibodies, nanobodies, ScFv, and complex antibodies. This application meets the demanding needs of bispecific antibody design, providing strong technical support for the personalized design of bispecific antibody drugs.

Dr. Lang Guojun, CEO of SanyouBio, stated: “The launch of these bispecific antibody reference products marks a significant milestone in SanyouBio’s exploration of the bispecific drug development field, reflecting our commitment to advancing the global biopharmaceutical industry. SanyouBio will continue to dedicate itself to the research and innovation of bispecific antibody drugs, optimizing our products and services to support the growth of the global biopharmaceutical sector. In the future, SanyouBio plans to further expand the product line of bispecific antibody reference products and continuously upgrade bispecific antibody design applications like OneClick+ to provide more comprehensive and efficient solutions for our clients. Together, we will advance the clinical application and commercialization of bispecific antibody drugs, paving the way for a brighter future.”

About Sanyou Bio
Sanyou Biopharmaceuticals Co., Ltd. is a world-leading high-tech biotechnology enterprise focusing on R&D and services of innovative biologic drugs. Sanyou has built the 4C business patterns that integrate “differentiated CRO, integrated CDO, innovative CPO and characteristic CRS”, to accomplish the mission “to make the R&D easy for innovative biologics”.

Sanyou has established an integrated innovative biologic drug R&D laboratory with advanced facilities, and has a professional team with the majority holding a Ph.D. or master degree. Sanyou has built three industry-leading innovative technology platforms featured by “super-trillion, integration, and intelligence” , which are comprised of more than 50 sub-platforms with the core innovative super-trillion phage display platform, and supported by platforms of material preparation, biologics discovery, molecule optimization, in vitro and in vivo efficacy, production cell line construction, upstream and downstream process development, preclinical R&D, industrialization development, etc.

Sanyou’s business network has expanded to all parts of the world, including Asia, US and Europe, and established branches in Boston, Philadelphia, San Diego and London. Sanyou has established friendly business relationships with more than 1000 pharmaceutical companies, drug R&D institutions and diagnostics companies worldwide. Sanyou received National-level certification as a high-tech enterprise and a Specialized and Sophisticated enterprise, and passed the ISO9001 quality assurance certification and GB/T intellectual property management system certification.

 

Moatable Declares Special Cash Dividend of US$0.6057 per ADS and Ex-Dividend Date

PHOENIX, March 5, 2025 /PRNewswire/ — Moatable, Inc. (OTC Pink: MTBLY) (“Moatable” or the “Company”), an operator of several US-based SaaS businesses, today announced that its Board of Directors has declared a special cash dividend (the “Special Dividend”). The Special Dividend will be paid from the Company’s current cash position. 

The Special Dividend is expected to be paid on or about March 27, 2025 to all holders of Moatable’s ordinary shares (including those in the form of American Depositary Shares (“ADSs”), each one (1) ADS currently representing 45 Class A ordinary shares) of record as of 5:00 p.m. Eastern Time on March 17, 2025. The amount of the Special Dividend is US$0.01346 per ordinary share, or US$0.6057 per ADS, in each case, prior to deduction of applicable taxes, fees and expenses. Citibank, N.A., as depositary for the ADSs (the “Depositary”), will charge a cash distribution fee of US$0.05 per ADS held as of the record date.  The ADS distribution fee will be borne by the holders of ADSs and will be deducted from the Special Dividend amount.

The ADSs will trade with “due-bills” representing an assignment of the right to receive the Special Dividend up through and inclusive of the expected payment date of March 27, 2025. The ex-dividend date will be March 28, 2025, the first business day following the payment date. Investors who sell their ADSs on or before the payment date will not be entitled to receive the Special Dividend. Due-bills obligate a seller of ADSs to deliver the dividend payable on such ADSs to the buyer. The due-bill obligations are settled customarily between the brokers representing the buyers and sellers of the ADSs. Moatable and the Depositary have no obligation for either the amount of the due-bill or the processing of the due-bill. Buyers and sellers of the ADSs should consult their broker before trading to be sure they understand the effect of the due-bill procedures.

The tax treatment of holding ordinary shares or ADSs to any particular investor will depend on the investor’s particular tax circumstances. Moatable investors are urged to consult their tax advisor regarding the U.S. federal, state, local and foreign income and other tax consequences to them, in light of their particular investment or tax circumstances, of the receipt of the Special Dividend.

About Moatable Inc.

Moatable, Inc. (OTC Pink: MTBLY) operates two US-based SaaS businesses including Lofty and Trucker Path. Moatable’s American Depositary Shares, each of which currently represents forty-five Class A ordinary shares, trade on OTC Pink open market under the symbol “MTBLY”. For more news and information on Moatable, please visit Moatable.com.

Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Moatable’s beliefs and expectations, including statements on making investments and operating businesses that generate long-term returns for investors, and expectations for future growth and innovation are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Moatable’s goals and strategies; Moatable’s future business development, financial condition and results of operations; Moatable’s expectations regarding demand for and market acceptance of its services; Moatable’s plans to enhance user experience, infrastructure and service offerings. Further information regarding these and other risks is included in our recent annual and quarterly reports on Form 10-K and Form 10-Q and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and Moatable does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

The Laughing Cow – Southeast Asia Region Wins Prestigious Brand of Asia 2024-25 Award

SINGAPORE, March 5, 2025 /PRNewswire/ — The Laughing Cow has been honored with the Prestigious Brands of Asia 2024-25 award in the FMCG – Cheese category. This recognition, presented at the Global Business Symposium hosted by Herald Global & ERTC Media in Bangkok, Thailand, was bestowed after an intensive screening process. The recognition is a testament to The Laughing Cow’s remarkable achievements in expanding awareness and innovative product launches in the cheese category in Southeast Asia.

The Laughing Cow - Southeast Asia Region Wins Prestigious Brand of Asia 2024-25 Award
The Laughing Cow – Southeast Asia Region Wins Prestigious Brand of Asia 2024-25 Award

The Laughing Cow brand has a rich legacy of over 100 years, bringing happiness through its delicious and healthy snacking cheese products. The Southeast Asia region where the brand is present currently comprises Indonesia, Singapore, Malaysia, Thailand and Cambodia. The innovative range includes The Laughing Cow Creamy Cheese Triangles, Cheez Dippers, Belcubes, Cheese Slices. Other than that, Bel also has products like BabyBel and Kiri. With this range, Bel is starting to see a market share that ranks in the top 3 in some of the larger modern trade customers in these countries.

The Prestigious Brands of Asia Awards solidifies The Laughing Cow Cheese’s position as a market leader in healthy snacking. Alamjit Singh Sekhon, General Manager, Bel Southeast Asia, expressed his gratitude for the recognition, stating: “This award is a testament to The Laughing Cow’s unwavering commitment to providing healthier and more responsible snacking options. In Southeast Asia, we have worked in an entrepreneurial way to significantly increase the brand awareness. Additionally, we have launched innovative products like The Laughing Cow Sweet Cheez Dippers to address the healthy snacking opportunity. Our products are not only delicious but also fortified to address key micronutrient deficiencies in the region, making them even more nutritious. This aligns perfectly with our philosophy of ‘for all, for good’—ensuring that everyone has access to healthier and more responsible food choices. This recognition reaffirms our dedication to building consumer trust and confidence, and we are truly honored to be acknowledged among Asia’s most prestigious brands.”

As The Laughing Cow continues to expand its footprint, it remains committed to bringing joy to consumers across the region with our healthier snacking cheese products while continuing to expand our footprint and strengthen market leadership.

About
The Laughing Cow under Bel Group are global leaders in branded cheese and healthy snacking, committed to providing healthier and more responsible food.

Sigenergy Secures No.1 Spot in Global Stackable Energy Storage Market, Report Finds

SHANGHAI, March 5, 2025 /PRNewswire/ — Sigenergy, a leading energy innovator, has been named the global leader in the stackable all-in-one Distributed Energy Storage System (DESS) market, according to a recent report by Frost & Sullivan. Based on combined sales data from Q1 to Q3 2024, Sigenergy captured a 24.3% market share — a testament to the company’s rapid rise and leadership in clean energy innovation.

Global Expansion: SigenStor Gains Customer Trust Worldwide

The 5-in-1 SigenStor energy storage system has quickly become a customer favorite since its launch. According to Frost & Sullivan, Sigenergy shipped 231 MWh of stackable all-in-one DESS units between Q1 and Q3 2024, claiming the top market share of 24.3%. In the highly competitive all-in-one DESS market — where the top five players accounted for 74.5% of total shipments — Sigenergy ranked third overall with a 5.9% market share.

By February 2025, Sigenergy had partnered with 99 distributors across more than 60 countries, becoming a preferred brand in key regions like Europe, Asia-Pacific, and Africa. Strategic collaborations with leading distributors in Austria, Belgium, Sweden, and South Africa have showcased SigenStor’s outstanding performance and reliability. South African partner, the largest in the region, praised SigenStor’s effectiveness in alleviating load-shedding challenges. A 2024 customer satisfaction survey revealed that nearly 90% of end-users and installers rated SigenStor positively.

Sigenergy claimed the No.1 global market share (24.3%) in the stackable all-in-one DESS market from Q1–Q3 2024
Sigenergy claimed the No.1 global market share (24.3%) in the stackable all-in-one DESS market from Q1–Q3 2024

AI-Powered Innovation: Redefining Smart Energy Experience

Sigenergy is driving the digital transformation of energy management with advanced AI capabilities. The cloud-native SigenCloud platform enables large-scale management of distributed energy devices and integrates with top Virtual Power Plant (VPP) providers in Sweden, the Netherlands, Australia, and other markets. The platform automatically syncs with real-time dynamic tariffs from over 60 power companies in more than 20 countries. By leveraging AI and dynamic pricing, a Polish commercial and industrial (C&I) customer achieved a 42% reduction in electricity purchase costs and a 52% cut in total energy expenses compared to the previous month.

Meanwhile, the mySigen App, the self-developed energy application, provides real-time energy and battery monitoring, device management, and troubleshooting. Leading the industry by incorporating GPT-4o, the app delivers instant customer support, redefining the traditional after-sales service model with intelligent, responsive assistance.

Diversified Portfolio: Tailored Solutions for Every Scenario

Sigenergy remains at the forefront of energy innovation, offering a comprehensive product portfolio that addresses diverse application scenarios. For C&I segments, the company introduced SigenStack, a modular energy storage system that combines a hybrid inverter and battery pack, scalable to support multi-megawatt projects. Sigenergy is set to unveil more products in the coming months, further broadening its product ecosystem to cater to global customer needs.

Looking ahead, Sigenergy seeks to foster deeper collaboration with global partners, accelerating the transition toward a more sustainable energy future for all.

MEXC Partners with Hacken to Strengthen Platform Security

VICTORIA, Seychelles, March 5, 2025 /PRNewswire/ — MEXC, the world’s leading cryptocurrency trading platform, has announced a strategic partnership with Hacken, a premier blockchain security auditor, to further enhance the security of its platform. This collaboration reflects MEXC’s ongoing efforts to protect user assets and maintain a robust platform, ensuring security in a rapidly changing environment.

As the crypto space continues to evolve, security remains a top priority for MEXC. Hacken will conduct a comprehensive security assessment to ensure the platform’s infrastructure remains protected from vulnerabilities and cyber threats. The assessment will focus on various critical areas, including identifying and addressing vulnerabilities across web applications, mobile apps, and APIs, assessing encryption measures to prevent data leakage, safeguarding session management to prevent hijacking and fixation attacks, and verifying that user inputs are sanitized to prevent injection attacks.

Tracy Jin, COO of MEXC, commented, “At MEXC, the security of our users and their assets stands as our paramount priority. While we continuously strive to offer the most promising assets for trading, we are equally committed to providing a fortress of protection for our users’ investments. Through our strategic partnership with Hacken’s cybersecurity experts, we implement industry-leading security measures that evolve alongside emerging threats. This multi-dimensional approach ensures that MEXC remains both agile in responding to market opportunities and resilient against sophisticated security challenges.”

Dyma Budorin, CEO of Hacken, commented, “Security is the backbone of a reliable trading platform, and at Hacken, we are committed to raising the industry standard. Our partnership with MEXC reflects their strong commitment to protecting users and maintaining a secure ecosystem. Through a comprehensive security assessment, we will identify and address potential risks, strengthening MEXC’s defenses against emerging threats. In an industry built on trust, proactive security is essential for long-term success and user confidence.”

In addition, MEXC provides Proof of Reserves to ensure asset safety and maintain transparency for its users. This feature allows users to trade with confidence, free from concerns about withdrawal runs. The reserve rates are updated every two months, further demonstrating MEXC’s commitment to maintaining trust and transparency. Furthermore, as of February 28, 2025, MEXC has provided over $448 million through its Insurance Fund Account to cover deficits that occur when users’ losses during liquidation exceed their available margin.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 32 million users across 170+ countries and regions, MEXC is known for its broad selection of trending tokens, frequent 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.

For more information, visit: MEXC WebsiteXTelegramHow to Sign Up on MEXC

Z Grills Reinvents the Pellet Grill Market with its Game-Changing Reward Crowdfunding Model

ONTARIO, Calif., March 5, 2025 /PRNewswire/ — Z Grills is proud to announce a revolutionary business strategy that is reshaping the outdoor cooking industry. The company’s new Reward Crowdfunding initiative, a limited participation project, is designed not only to provide exceptional value to customers at the time of purchase but also to reward their support for decades to come. This unique model turns every grill purchase into a long-term investment in quality, community, and innovation.

Z Grills Reward Crowdfunding
Z Grills Reward Crowdfunding

A New Age in Customer Engagement and Value

The prime of ZGrills’ Reward Crowdfunding is a simple, bold promise: pledge $777, customers become “Gratitude Supporters” and immediately receive a premium ZGrills wood pellet grill valued at over $700. Unlike traditional one-time transactions, this model transforms the purchase into an ongoing relationship. Every five years, supporters receive a brand-new grill as a “Reward” for their continued trust in Z Grills– totaling an impressive 11 grills over 50 years, with only a nominal $100 shipping fee per unit after the first (or a free pickup option). This structure reinforces Z Grills’ commitment to creating lasting customer relationships and rewarding support.

How the Reward Crowdfunding Model Works

Instead of retaining all gross profit from each sale, Z Grills sees these proceeds as investments from customers who join the project. These funds will be put towards enhancing product features, expanding the wood pellet grills market, and ultimately delivering ongoing rewards. The Reward Crowdfunding program isn’t just about selling grills; it’s about building a community and sharing our success with every customer who supports our vision, explained a company spokesperson.

Key elements include:

  • Immediate Reward: A top-quality pellet grill delivered at the time of contribution.
  • Ongoing Rewards: A new grill sent every five years—no extra cost beyond a minimal shipping fee, ensuring supporters enjoy the latest innovations in grill technology.
  • Early Redemption Option: For those eager to access future models sooner, a small fee allows accelerated delivery of benefits.

Building on a Proven Track Record

With over 9,000 Gratitude Supporters already on board and a history of successful customer reward programs, including a fully refunded Five-Year Cashback initiative, Z Grills demonstrates both financial capability and unwavering commitment. With 30 years of manufacturing expertise and a decade of specialization in pellet grills, the brand has been a beacon of quality and innovation since its launch in 2016.

A Future Fueled by Innovation

Z Grills’ Reward Crowdfunding model signals a paradigm shift in how premium products are marketed and delivered. By reinvesting customer contributions into research, development, and market expansion, the company ensures that every new grill embodies the latest in performance and technology while remaining accessible to its most dedicated fans.

For more information about the Reward Crowdfunding program, full product specifications, and to join this innovative initiative, please visit:
https://www.zgrills.com/pages/reward-crowdfunding

Media Contact:
Gruel
support@zgrills.com