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Sgcarmart introduces Buysafe, a New Standard for Quality Pre-Owned Cars

SINGAPORE, Feb. 24, 2025 /PRNewswire/ — Buysafe, a new pre-owned vehicle certification programme has been launched by Singapore’s leading car platform, Sgcarmart. Designed to provide greater confidence to car buyers on their purchases, it is now available on the platform’s used car section and serves as a seal of approval on pre-owned vehicles listed by a panel of curated dealerships.

Ensuring a safer, confident buying experience

Vehicles under this programme must undergo a detailed inspection by certified assessors, followed by a refurbishment process to ensure compliance with strict quality standards. Each vehicle is also backed by a 12-month warranty covering major vehicle components such as the engine, transmission and more.

For enhanced quality and trust, Buysafe is exclusively offered through select local Authorized Distributors and trusted Dealerships. With its stringent certification process and comprehensive warranty, Buysafe vehicles stand out as a more reliable and assured choice compared to regular used cars.

“At Sgcarmart, we’re here to make sure you’re making an informed decision, no stress. Our Buysafe programme means every car goes through a detailed inspection, so you get no surprises. Plus, Buysafe cars come with warranties for that extra peace of mind. Basically, we’ve got you covered, so you can drive away knowing you’ve made the right choice.” said Mr Yau Fun Heng – Chief Operating Officer of Sgcarmart.

Buysafe comes with exclusive perks for buyers

Along with Sgcarmart’s seal of approval on every Buysafe pre-owned car, the programme goes a step further by providing exclusive car ownership perks for buyers – such as 24/7 roadside assistance, free servicing and bespoke financing options tailored to their individual needs.

Buysafe is now available on more than 450 used car listings on Sgcarmart, and is set to extend to more pre-owned cars on the platform. For more information about Buysafe, please visit sgcarmart.com/buysafe

About Sgcarmart

Sgcarmart is Singapore’s #1 car platform. With over 30,000 listings, it offers the largest database of new and used cars, with an average of 10 cars sold every hour, helping to drive approximately 70% of all second-hand car transactions in Singapore. The platform receives more than 1.6 million users every month, offering the highest level of support for drivers with its suite of value-added car ownership & transactional services.

Digital Edge Announces Leadership Updates

John Freeman, Group President Selected as Next CEO; Two Industry Veterans to Join Board

SINGAPORE, Feb. 24, 2025 /PRNewswire/ — Digital Edge (Singapore) Holdings Pte Ltd. (“Digital Edge”), a leading developer and operator of interconnection and hyperscale edge data centers across Asia and portfolio company of Stonepeak, today announced that Group President John Freeman will succeed Samuel Lee as Chief Executive Officer, effective as of the second quarter of 2025. In conjunction, Samuel will transition to the role of Senior Advisor to the Board. Digital Edge also announced that industry veterans Maile Kaiser and Eanna Murphy will join the Board as non-executive directors.

John Freeman, Newly Appointed CEO
John Freeman, Newly Appointed CEO

John is an experienced leader with more than two and half decades in the data center and TMT industry, leading global teams across Asia, the Americas, Europe and MEA. He is a founding executive of Digital Edge, serving on the company’s Board since its inception, and was previously Chief Legal & Compliance Officer before becoming Group President in 2024.

The Board’s two new non-executive directors, Maile Kaiser and Eanna Murphy, also have long-standing data center expertise. Maile is currently Chief Revenue Officer at CoreSite, having joined in 2012, and previously held roles at IO Data Centers, AboveNet, and Oracle. Eanna is a Senior Operating Partner at Stonepeak and was previously Chief Operating Officer of Yondr, where he founded Yondr’s platform in the Americas region, and previously spent more than ten years in senior roles on Google’s data center team. Their addition, paired with John’s appointment to CEO, further reinforces Digital Edge’s commitment to excellence in leadership and innovation, positioning the company for continued growth in the rapidly evolving digital infrastructure landscape.

Commenting on his appointment, John said, “I am honored to step into the role of CEO, and excited about the opportunity to continue working alongside our partners and the incredibly talented team at Digital Edge to provide timely and diverse AI- and cloud-ready data centers and connectivity solutions to our customers.”

Samuel Lee stated, “As I transition to the role of Senior Advisor, I do so with immense pride in what we have built and with great confidence in the future of Digital Edge. I am sincerely grateful for the support of our employees, customers, and partners throughout my tenure at Digital Edge. John is a visionary leader with a passion for the team, our customers, and the communities we serve, and I look forward to the company’s continued success under his leadership”.

Andrew Thomas, Senior Managing Director at Stonepeak and Chairman of the Board of Digital Edge, commented, “We are very thankful for Samuel’s stewardship over the past five years as the business has scaled, and are excited for John to lead the business into its next phase of growth. We are also thrilled to welcome Maile and Eanna to the Board, each of whom brings world-class industry expertise to the business as we continue to expand.”

Digital Edge recently secured more than $1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth. The growth capital will enable the company to accelerate its expansion and address the increasing and nuanced cloud and AI demands from customers across the region. Founded in early 2020, Digital Edge currently owns and operates 21 data centers, delivering over 500MW of critical IT load in service and under construction across Japan, Korea, India, Malaysia, Indonesia, and the Philippines. The company also holds an additional 300MW reserved for future development in strategic locations.

About Digital Edge

Headquartered in Singapore, Digital Edge is a trusted and forward-looking data center platform company, established to transform digital infrastructure in Asia. Through building and operating state-of-the-art, energy-efficient data centers rich with connectivity options, Digital Edge aims to bring new colocation and interconnect options to the Asian market, making infrastructure deployment in the region easy, efficient and economical.

Backed by leading alternative investment firm Stonepeak, Digital Edge has established itself as a market-leading pan-Asia data center platform. The company provides data center and fiber services across Asia, with a presence in Japan, Korea, India, Malaysia, Indonesia and the Philippines. You can visit the company’s website at www.digitaledgedc.com.

About Stonepeak

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $72 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, and Abu Dhabi. For more information, please visit www.stonepeak.com.

Wondershare Filmora Launches AI-Powered Music Challenge, Featured Prominently on Google Play’s Homepage

VANCOUVER, BC, Feb. 24, 2025 /PRNewswire/ — Wondershare Filmora, the leading video creativity software, has launched the “Can You Feel the Beat?” music challenge on its mobile app. With a diverse library of music and AI-powered editing tools, Filmora empowers global users to craft unique music-themed videos and share their creativity. Recognizing its innovative approach and strong user engagement, Google Play has selected the challenge for its global editorial recommendations. Starting February 14, Filmora earned a top banner placement on the Google Play homepage, making it one of the must-join creative challenges for users worldwide.

Google Play has selected Wondershare Filmora's
Google Play has selected Wondershare Filmora’s “Can You Feel the Beat?” music challenge for its global editorial recommendations.

Music is a universal language that transcends cultural and linguistic barriers. In response to the growing demand for accessible music and AI-powered video editing tools, Wondershare Filmora provides creators with a comprehensive library of licensed music and innovative editing features, including AI Beats and AI Music Generator. Participants can join the challenge by creating a 15s+ music-themed video using Filmora and sharing it on social media. By seamlessly combining cutting-edge AI technology with high-quality music resources, Filmora enhances the music video creation experience for users worldwide.

Google Play is a digital distribution service developed by Google, offering apps, videos, music, e-books, and other digital products. As of August 2024, it hosts over 2.3 million applications, maintaining its position as the largest app store globally. Filmora’s selection as a featured app on the Google Play homepage highlights its growing influence in the creative software landscape. Moving forward, Filmora remains committed to advancing AI-powered video creation tools and launching more engaging creative initiatives to inspire and empower users worldwide.

“We are honored to have Filmora featured on Google Play’s homepage. This recognition reinforces our belief that creative expression should be accessible to everyone, and it motivates us to keep pushing the boundaries of what’s possible with video editing,” said Envy, head of Brand Communication Center at Wondershare. “Through new feature and collaborations, we aim to provide tools that not only enhance creative workflows but also inspire users to discover new ways of storytelling through video.”

About Wondershare Filmora

Launched in 2015, Wondershare Filmora is designed with its user in mind, featuring smoother performance and an intuitive user interface, and has attracted a cumulative global user base of nearly 300 million across 150+ countries and regions.With advanced AI features boosting content generation and editing, over 2.3 million creative assets, commercially available music, 3D LUTs, effects, and pre-set templates, Filmora stands out as a leader in video editing software. Consistently introducing innovative tools, it enhances video creation and makes the process more efficient and accessible for all skill levels.

About Wondershare Technology

Wondershare is a globally recognized software company founded in 2003, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified”, Wondershare offers a range of tools, including Filmora, Virbo, and DemoCreator for video editing; PDFelement for document management; EdrawMax, EdrawMind for diagramming; and SelfyzAI, Pixpic, FaceHub for image recovery and editing. With over 1.5 billion users across 200+ countries and regions, Wondershare empowers the next generation of creators with intuitive software and trendy creative resources, continually expanding the possibilities of creativity worldwide.

Fangzhou Inc. Announces Inclusion as a Constituent of the Hang Seng Composite Index

HONG KONG, Feb. 24, 2025 /PRNewswire/ — Fangzhou Inc. (“Fangzhou” or the “Company”) (06086.HK), a leader in Internet healthcare solutions, announced today that the Company has been selected and will be included as a constituent of the Hang Seng Composite Index by Hang Seng Indexes Company Limited, with effect from March 10, 2025.

The Company is of the view that inclusion as a constituent of the Hang Seng Composite Index has the potential to elevate its profile among a broader spectrum of investors and enhance the Company’s recognition in the capital markets, while creating opportunities for customers, partners, and investors to engage with the Company’s innovative Internet healthcare solutions. For further details, please refer to the relevant index notice(s) published on the website of Hang Seng Indexes Company Limited (https://www.hsi.com.hk).

About the Hang Seng Composite Index
The Hang Seng Composite Index is a comprehensive Hong Kong market benchmark that covers about the top 95th percentile of the total market capitalization of companies listed on the Main Board of The Stock Exchange of Hong Kong Limited and can be used as a basis for index funds, mutual funds as well as performance benchmarks.

About Fangzhou Inc.
Fangzhou Inc. (06086.HK) is China’s leading online chronic disease management platform. With 45.6 million registered users and 217,000 registered doctors on its platform (as of June 30, 2024), the Company provides tailored medical care and precision medicine for a growing population of chronic disease patients. For more details, visit https://investors.jianke.com.

Media Contact
For inquiries or interview requests, please contact:
Xingwei Zhao
Associate Director of Public Relations
Email: pr@jianke.com

Disclaimer: This press release contains forward-looking statements. Actual results may differ materially from those anticipated due to various factors. Readers are cautioned not to place undue reliance on these statements

DBS NAMED WORLD’S BEST BANK FOR SUSTAINABLE FINANCE BY GLOBAL FINANCE

Recognised for leadership in sustainable finance, including innovative solutions that accelerate Asia’s transition agenda, drive cross-border impact, and empower corporates and SMEs

***

SINGAPORE, Feb. 24, 2025 /PRNewswire/ — DBS today announced that it has been named World’s Best Bank for Sustainable Finance by New York-based trade publication Global Finance. This is the first time the bank has received the global accolade, while retaining the title Best Bank for Sustainable Finance in Asia-Pacific for the second consecutive year. It was also named Best Bank for ESG-Related Loans and Best Bank for Transition/ Sustainability Linked Loans in the Asia-Pacific region. These wins underline DBS’ support of Asia’s transition to a more sustainable future not just through the mobilisation of traditional sources of capital but also via innovative financing solutions and public-private partnerships. It also recognises DBS’ role in supporting small and medium-sized enterprises (SMEs) in their sustainability journeys.

Now in its fifth year, the awards programme honours organisations demonstrating exemplary leadership in financing solutions that tackle environmental challenges and drive sustainability efforts worldwide.

Joseph Giarraputo, President and Editorial Director at Global Finance said: “Global Finance’s selection for best bank for sustainable finance globally has embedded environmental and social considerations into the fabric of their business. Singapore’s DBS is leading the way in financing Asia’s journey to net zero and has been instrumental in transition and sustainability-linked loans across the energy, industrials, transportation and real estate sectors across Asia-Pacific in 2024. The bank’s sustainable finance framework helps provide clear guidance for their clients’ decarbonisation and transition strategies.”

As an Asia-centric bank, DBS views enabling the region’s transition to net-zero as both a business and social imperative. In 2024, the bank led several innovative transactions across various markets in the region, as follows

  • Pioneered novel financing structures that blend public and private capital to de-risk sustainability projects and mobilise investment at scale. One example is the Karian Water Services project in Indonesia, a USD 286 million blended finance initiative to develop a freshwater supply system to serve two million people in Jakarta, Tangerang and South Tangerang. DBS was the sole financial adviser to Karian Water Services, playing a role in aligning diverse stakeholders – governments, multilateral agencies and private sector players. The project marked the first time a mix of public- and private-sector funds has been used in Indonesia’s water sector.
  • Facilitated access to sustainable capital across the region. DBS was the first Southeast Asian bank to leverage the People’s Bank of China’s (PBOC) Carbon Emission Reduction Facility, securing funding to issue a green loan to a key Chinese renewable energy player. DBS was also the only Singapore bank to be selected by PBOC for the landmark programme, which helps to subsidise China’s transition efforts.
  • Supported SMEs and mid-caps in transitioning to greener operations, recognising that these companies form the backbone of Asia’s economy. In November 2024, DBS announced it had extended a green loan to a Singapore-based SME to build Singapore’s first circular biomass power plant, through a bespoke project financing structure. Green electricity generated by the plant is used to power part of Google’s data centre operations in Singapore. The project contributes to Singapore’s circular economy and also demonstrates how DBS is helping smaller enterprises access green financing and play a role in the region’s energy transition.

Tan Su Shan, Deputy CEO of DBS said: “Climate change is one of the great challenges of our time that demands bold and collective action to solve. As a purpose-driven bank, DBS is committed to enabling a just transition in Asia, by providing essential financing for decarbonisation activities that balance the social, environmental and economic priorities of the region. Our approach must be pragmatic and impactful. We leverage our regional network, industry knowledge, sustainability advisory and expertise in structuring to deliver innovative financing solutions to businesses of all sizes. Being recognised as the World’s Best Bank for Sustainable Finance by Global Finance is a tremendous honour and reinforces our resolve to drive positive change in the communities we serve.”

[End]

About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia award by Global Finance for 16 consecutive years from 2009 to 2024.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

 

Huangshan emerges as top destination for overseas tourists exploring China

BEIJING, Feb. 24, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

The Guest-Greeting Pine in Mount Huangshan. [Photo/Mount Huangshan Scenic Area]
The Guest-Greeting Pine in Mount Huangshan. [Photo/Mount Huangshan Scenic Area]

Huangshan city, in East China’s Anhui province, with beautiful scenery, rich cultural heritages and friendly international services, stands out as the preferred destination for overseas tourists to explore China following the implementation of the 240-hour visa-free transit policy.

Huangshan is rich in cultural and tourism resources, with 56 tourist attractions at national grade A and above, and is home to two UNESCO World Heritage sites, “Mount Huangshan and Hongcun and Xidi villages”.

Huizhou Fish Lantern, as a provincial intangible cultural heritage item, was largely promoted by the Ministry of Culture and Tourism during the recent Spring Festival holiday, driving tourism orders in Shexian county to surge by 458 percent year on year.

Huangshan boasts convenient transportation, being one of the five major high-speed rail hub cities in the Yangtze River Delta, with an average of 250 trains running daily. Huangshan Tunxi International Airport has 25 operating routes, including five international routes, serving 28 cities.

In December 2024, Tunxi airport was newly designated as a 240-hour visa-free transit port, benefiting tourists from 54 countries.

In April 2024, in collaboration with Chinese technology company Ant Group, Mount Huangshan Scenic Area launched the first international visitor friendly scenic spot program. The scenic area has achieved payment convenience throughout the entire chain, from ticket booking to hotel accommodation, dining, and shopping, greatly enhancing the satisfaction of international tourists.

Across the city, 60 foreign exchange points and 302 foreign card ATMs are scattered in core scenic areas, with Tunxi Old Street becoming the first overseas payment service business area in Anhui. As a mainstream mobile payment method operated by Ant Group, Alipay’s scan-to-pay service covers major dining, accommodation, transportation, shopping, and entertainment scenes, providing international tourists with an extremely convenient payment experience.

“With just a mobile phone, you can pay, guide, translate, and more. It’s so convenient!” said Ahmed Jabar, a young man from Iraq. “After experiencing using Alipay for shopping and payments, I recommend more friends come to Huangshan to experience the beauty of China.”

Cyber Attacks on Manufacturers Up Globally, But Less Than Half Prepared in Security

Estimated downtime cost individual firms up to US$2Mtraditional “air gapping” no longer sufficient

SINGAPORE, Feb. 24, 2025  /PRNewswire/ — A global study by Omdia has found that 80% of manufacturing firms experienced a significant increase in overall security incidents or breaches last year, but only 45% are adequately prepared in their cyber security.  

Omdia surveyed over 500 technology executives worldwide on the convergence of Information Technology (IT) and Operational Technology (OT) – or physical systems – in their core operations, and how they managed cyber security challenges. The report for the study was produced in partnership with Telstra International, the global arm of leading telecommunications and technology company Telstra.

The heightened risk of cyber attacks comes as manufacturers move to leverage IT such as cloud, AI, and Internet of Things (IoT) as part of their digital transformation – a process defined as Industry 4.0. While the convergence of IT with traditional OT can increase scale, resilience and efficiency in operations, it also increases the attack surface for cyber threats. Critical industries are increasingly lucrative targets for cyber exploitation including ransomware.

Manufacturers affected by a cyber attack reported a resilience or availability issue that cost individual firms between US$200,000 and US$2 million, taking the biggest hit when incidents affected enterprise and corporate systems or production control.

Geraldine Kor, Telstra International’s Head of Global Enterprise Business, said: “Greater connectivity between IT and OT is necessary to harness advanced technology for manufacturing innovation, but it increases the risks of a breach. However, very few firms are mature in protecting and defending against such cyber risks.”

“Our study also uncovered a fragmented approach to security responsibility, which can leave manufacturing businesses without a clear direction. This responsibility must be clear and integrated so that one group or person will have the authority to act on security challenges for mission-critical systems. It is equally important to have the right people and security-focused culture as their absence will hinder security posture readiness, compounding technical challenges.”

Ganesh Narayanan, Telstra International’s Global Head of Cyber Security, noted that the manufacturing and other industrial sectors historically relied on air gapping for security, where OT systems are typically segregated from corporate IT systems to protect against external threats.

However, this approach is no longer sustainable with increasing IT-OT convergence, which expands the threat surface significantly.

He said: “IT and OT integration create enormous value for organisations across industries, although organisations must address risks to unlock its potential. Organisations should prioritise IT/OT and IoT security across six core areas: Collaboration and planning, defining a strategy, bolstering technical expertise, assign responsibility and accountability, leveraging the right tools, and expedite readiness with standards.”

Adam Etherington, Senior Principal Analyst at Omdia, said: “Our study illuminates critical attack vectors and lessons learned, and provides timely advice for any executive responsible for IT and OT.”

“More pervasive connectivity between IT and OT is essential across greenfield and brownfield manufacturing system design and enhancements. Step change improvements to innovation, availability, safety and security require firms to harness cloud, IoT, AI and private networks, with IT/OT convergence bringing these technologies to life.”

“However, most firms have been hit with expensive outages and security incidents while traditional security controls, policies and culture struggle to keep pace. Given the magnitude of downtime costs from any breach or network incident that impacted operations, it’s important to better understand the causes for proactive remediation.”

The Omdia report can be downloaded at the following link: https://www.telstrainternational.com/en/news-research/research/secure-manufacturing-the-challenges-of-IT-OT-convergence

Please see “Notes to Editor” below for additional details of the study 

#####

About Telstra International

Telstra is a leading telecommunications and technology company with a proudly Australian heritage and a longstanding, growing international business. Telstra International empowers enterprise, government, carrier, and OTT customers with innovative technology solutions. These services are underpinned by our wholly owned subsea cable network, which is the largest in Asia Pacific and includes more than 30 cable systems spanning over 400,000 km, with access to multiple cable landing stations and more than 2,000 points of presence around the world. For more information, please visit telstrainternational.com  

Notes to Editor

Key findings

1. Industry 4.0 is the biggest factor driving IT-OT convergence

86% of respondents said connecting IT with OT was important or very important to achieve business outcomes, acknowledging the vital, complementary roles they play. Industry 4.0 was the top factor driving IT-OT convergence in the past two years, with 47% of respondents citing it alongside cyber security, and increasing resiliency and availability.

2. Increase in overall OT security incident with significant financial loss as impact

Four in five, or 80% of respondents, indicated they saw a “significant increase” in overall security incidents or breaches in the past 12 months, with manufacturing firms of different sizes impacted. Respondents were not asked to quantify the level of this increase. 62% of manufacturing firms experienced a resilience or availability issue, typically costing US$200,000 to US$2 million. This cost impact was common across regions.

3. Most attacks started in IT, not OT

The study found Cyber-to-Physical security attacks, referring to IT attacks that impacted OT or operations, accounted for 75% of such incidents. Most attacks took place at the higher level of the IT/OT stack, namely the more advanced layers of the technology systems that are used to process or analyse data. Advanced persistent threats (APT), malware, and distributed denial of service (DDoS) were reported as the most prevalent attacks on OT systems.

4. Only a small percentage of manufacturing firms are ‘advanced’ in securing IT/OT

Omdia used the NIST and ISA95 frameworks to assess the current maturity of organisations in securing IT/OT convergence. Only 45% of all manufacturers were very prepared for IT/OT converged security across important areas that include securing networking, security awareness, supply chain risks, and cultural issues. 42% were ‘somewhat’ prepared and 13% were not at all prepared, with no formal process in place.

5. Responsibility for OT security increasingly coming under IT’s remit

While historically engineering-led production managers were directly responsible for production and operations in manufacturing, this model is changing as IT-OT convergence gathers momentum. The study shows OT security responsibility is increasingly falling into the remit of Chief Information Security Officers (CISO), and other executives from an IT security background. One in five respondents said their CISO was responsible for understanding and implementing IT/OT converged security in their organisation.

6. More manufacturing companies are outsourcing their IT/OT security

Respondents highlighted challenges in finding skilled and experienced staff who understand both IT and OT from a security perspective, especially in their industry context. As a result, most firms will engage a third party under an outsourcing agreement or with in-house teams to bolster IT/OT-specific security services. North American firms (51%) are most likely to outsource their IT/OT security in the next 18 months, followed by those in Asia Pacific (43%), Europe (37%) and Latin America (37%).

About the Survey

The Telstra International Global Manufacturing Security Services Market Study 2024 was carried out by Omdia in September 2024.

Respondents

  • 513 technology executives responsible for IT or OT security were surveyed
  • 51% were Technology or Security Executives e.g. CIO
  • 49% were Line of Business Directors

Sectors

  • Equipment and Other Discrete Manufacturing
  • Automotive and Vehicle Manufacturing
  • Industrial Process Manufacturing
  • Construction
  • Mineral and Metal Mining
  • Agriculture
  • Food and Other Consumer
  • Products Manufacturing

Organisation size

  • 45% with 500-999 employees
  • 55% with 1000+ employees

Regions

  • North America
  • Latin America
  • Europe
  • APAC

Cakebar Katong Unveils Singapore’s First 24/7 Self-Pickup Cake Kiosk


SINGAPORE – Media OutReach Newswire – 24 February 2025 – In a strategic move to reshape the dessert service landscape through the comprehension of local consumer needs, Cakebar Katong introduces Singapore’s first 24/7 self-pickup cake kiosk, marking a significant shift towards innovative unmanned store concepts. Setting a new standard in customer convenience, this pioneering initiative at its Katong outlet offers customers the freedom to order and collect artisan cakes and desserts around the clock from a dedicated, chilled pickup station. By integrating advanced IT and engineering solutions, Cakebar prioritises accessibility, holding its own in a competitive market increasingly dominated by online options.

Pioneering Singapore's first 24/7 self-pickup cake kiosk, Cakebar Katong revolutionises dessert accessibility for all occasions. This unmanned, fully integrated online ordering system eliminates the constraints of store hours and home refrigeration, catering to both spontaneous celebrations and planned events with unparalleled convenience and innovation.
Pioneering Singapore’s first 24/7 self-pickup cake kiosk, Cakebar Katong revolutionises dessert accessibility for all occasions. This unmanned, fully integrated online ordering system eliminates the constraints of store hours and home refrigeration, catering to both spontaneous celebrations and planned events with unparalleled convenience and innovation.

Redefining Cake Shopping with Advanced Technology

As retail trends shift towards technology-driven solutions, Cakebar emerges as a fresh contender with its automated cake kiosk, aiming to make a dent in the confectionery market. At its core, this transformative kiosk integrates advanced IT and engineering solutions with robust security measures, including long-distance remote monitoring, real-time alerts, and CCTV surveillance, along with continuous online tracking of refrigeration temperatures to ensure optimal food safety and quality.

Extending beyond the boundaries of typical cake shopping experiences, Cakebar’s technology-driven service is fully integrated with online ordering. Eliminating traditional shopping constraints, this self-pickup service offers unmatched convenience, allowing customers to skip the queues, order and pick up their cakes and desserts anytime—day or night. With a simple online ordering process, customers can choose the 24/7 pickup option at Cakebar Katong and retrieve their orders on-site in a few taps. Whether it’s a same-day pickup for orders placed before 2PM, or a next-day pickup, Cakebar ensures that every celebration or spontaneous craving is met with ease.

Enhancing Convenience with Future Service Innovations

Celebrated for its pioneering technology and creative solutions, Cakebar is set to further enhance its proprietary 24-hour service model by introducing a self-service vending machine. This future addition aims to provide not only cake pickups but also a selection of celebration essentials, such as party plates, flowers, and greeting cards—all available around the clock.

Anticipating future expansions, this Singaporean-run company is exploring ways to extend this innovative service model across its entire network of outlets, potentially offering the full customer experience 24/7 at all its locations—unmanned. This move highlights Cakebar’s ongoing efforts to marry baking with cutting-edge service innovation, anticipating new convenient ways to satisfy local customer needs in the confectionery space.



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

Cakebar

Cakebar is a distinguished artisan cake shop specialising in premium cakes and pastries that delight the senses with every bite. Renowned for its indulgent creations, Cakebar offers a diverse selection of desserts crafted with the finest ingredients. This online cake shop also ensures seamless home delivery across Singapore, catering to every celebration and craving, with four outlets offering either grab-and-go or dine-in options. For more information, please visit: https://cakebar.com.sg/