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At the 137th Canton Fair: Suofeiya Expands Global Reach with Innovative Design & Quality Intelligent Manufacturing


GUANGZHOU, CHINA Media OutReach Newswire – 29 April 2025 – Amidst a profound reshuffling of the global manufacturing landscape, China’s manufacturing is marching towards “intelligent manufacturing in China” driven by innovation and intelligence, leading the world’s industrial transformation. As the barometer of China’s foreign trade, the 137th Canton Fair has attracted extensive attention from around the world. Numerous Chinese brands have showcased their advantages in innovative technology, premium quality and favorable cost, demonstrating China’s status and influence in the global industrial chain.

At the 137th Canton Fair: Suofeiya Expands Global Reach with Innovative Design & Quality Intelligent Manufacturing

On April 23rd, the 2nd Phase of the 137th Canton Fair officially kicked off. It is the first time that the Canton Fair focuses on “Quality Home”. For the global visitors and buyers, it provides a one-stop home product purchasing platform. For the exhibitors, it offers an opportunity to fully display the innovative achievements of China’s building materials industry in environmental protection and intelligent technology,improving the brands’ competitiveness in the international market. As the leading brand in the customized home furnishing industry, Suofeiya demonstrated a brand-new one-stop living space solution featuring “Quality & Intelligent Manufacturing” with its 2025 new series on site. During the Fair, Suofeiya’s booth saw a continuous surge in visitors and buyers, highlighting its brand awareness and product competitiveness in the global market.

Smart Home Unveiled: New Series Debuts Worldwide

Suofeiya’s 2025 global debut of Alpha Pro Series, Fayven Master Series and Riemann Series impresses visitors and buyers with aesthetic design and cutting-edge process. Inspired by Niemeyer curves, the Riemann Series creates a minimalist kitchen with metal lacquer doors and wing craved arc handles, integrating an intelligent island with streamlined lighting; Capturing the trendy quiet luxury style, the Alpha Pro bathroom vanity adopts PP skin-feel material that is both stain-resistant and durable, and a suite-style design that optimizes storage; Maintaining the Italian minimalism style, the Fayven Master wine cabinet is a masterpiece of complicated processes, including a harmonious blend of various materials, the same-color wrapping process of back-to-back crescent handles, and invisible zoned design. Behind this series of complex processes lies Suofeiya’s powerful digital Industry 4.0 system and flexible manufacturing capabilities. Supported by a globally leading intelligent production system, Suofeiya achieves efficient, accurate, and stable delivery, continuously creating an ideal paradigm for global high-end customers.

Suofeiya has always been at the forefront of intelligence and digitalization, becoming a focus of the industry and attracting media attention. In a recent China Daily interview, Hao Jiang, Senior General Manager of Suofeiya Cabinet Manufacturing Center, said that, as early as 2016, Suofeiya successfully built Asia’s first flexible manufacturing production line for whole-home customization and set up 8 production bases globally. Currently, Suofeiya’s intelligent factory in Jiashan, Zhejiang, has completed the 5th iteration of the Industry 4.0, which means the entire procedure, involving design, production and installation, has been fully digitalized. With strong intelligent manufacturing capabilities and a comprehensive supply chain system, Suofeiya has successfully overcome the core challenges of high labor costs, low production efficiency, long supply cycles, and unstable product quality in the customized home furnishings industry.

Strong Delivery Strength Empowers Efficient Completion of Global Projects

As the leading brand in the global customized home furnishing industry, Suofeiya has always adhered to the customer-centric approach, continuously improving its global service system. So far, Suofeiya has completed and delivered over 15,000 projects in more than 70 countries and regions, winning widespread praise with high-quality products and one-stop services.

At this year’s Canton Fair, Suofeiya gained high recognition from the industry and media with its outstanding intelligent whole-house solutions and strong global delivery capabilities, further strengthening its leadership in the custom cabinetry sector. Relying on a world-leading intelligent manufacturing system, Suofeiya demonstrated strong advantages in production efficiency and delivery capacity. Chen Wei, Vice President of Suofeiya Home Collection Co.,Ltd, said in an interview with Yangcheng Evening News that China’s home furnishing industry has now entered the global top tier in intelligent manufacturing. As an early mover in digital transformation, Suofeiya has built several smart factories in China meeting Industry 4.0 standards, giving it a clear edge in global competition——Suofeiya’s production efficiency is 125% higher than comparable German production lines, and its robotic panel sorting accuracy is nearly 100%. Experts have rated its intelligent application level as internationally advanced and leading.

During the 137th Canton Fair, Suofeiya won high recognition from the industry and media for its excellent smart whole-home solutions and strong global delivery capabilities, further consolidating its leading position in the whole-home customization field. Ann An, Director of the Overseas Business Division, said in an interview with Guangdong Radio and Television that the Canton Fair sets up the “Quality Home” for the first time this year. Suofeiya provides overseas buyers with a new experience of one-stop all-category purchasing through its full-category, intelligent, and systematic whole-home customization solutions. This significantly improves purchasing efficiency and fully demonstrates the new advantages of Chinese home furnishing brands in the field of advanced technology and intelligent manufacturing.

2025 Overseas Franchise Summit Successfully Held

Growing Confidence in Overseas Business

April 25th witnessed the success of the 2025 Overseas Franchise Summit & Evening Banquet. The summit gathered many key potential customers to discuss Suofeiya’s global strategy, share overseas market development trends and industry insights, focusing on industry pain points and seeking cooperation opportunities to jointly draw a new blueprint for global development.

John Wang, President of Suofeiya Home Collection Co.,Ltd, pointed out in his speech that in the next five years, Suofeiya will increase investment and continue to accelerate its global layout to promote high-quality development of overseas businesses. Over the past three years, the scale and sales volume of the overseas business division have both grown by more than 50% annually. As for delivery capabilities, Suofeiya has strengthened its design, production technology, logistics, and other service systems to ensure the smooth delivery and completion of each project, committing to efficient delivery and worry-free cooperation.

Susan Pan, Vice President of Suofeiya Home Collection Co.,Ltd, introduced Suofeiya’s operation in China, emphasizing the company’s core competitiveness comes from “optimal product strength, leading manufacturing capability, and excellent innovation power.” With continuous investment in R&D and innovation, combined with world-leading production equipment and a mature operational system in China, Suofeiya believes that cooperating with partners from all over the world is the key to exploring overseas market and achieving long-term development.

Rico Jia, Project Director of the Overseas Business Division, combined practical experience of overseas projects to systematically analyze common industry pain points, comprehensively explaining the significant advantages of Suofeiya’s strong supply chain system and one-stop solution in project implementation. Cloris Xiao, Franchise Manager of the Overseas Business Division, provided a detailed interpretation of the overseas franchise policy.

During the summit, the guests have also been invited to visit the 4,500㎡exhibition hall where display all categories such as wardrobes, cabinets, whole cases, home products, and vanities. The guests spoke highly of Suofeiya’s cutting-edge design concepts, innovative processes, and materials, as well as its one-stop whole-home solution. The global layout and future prospects of China’s home furnishing industry were also met with high recognition and expectations at the summit.

Looking to the future, Suofeiya will continue to fully tap into the potential of the overseas market, step up efforts to explore overseas business models, and strengthen project delivery and service capabilities. More importantly, Suofeiya will empower the high-quality development of global home furnishing industry guided by the “Quality & Intelligent Manufacturing” strategy, creating a new chapter for a better life with global partners.

Global cooperation is always welcome
Feel free to contact us

Website: https://global.suofeiya.com/
Email: sales@suofeiyahome.com
WhatsApp: +8619966202249; +8618098179372
Facebook / Instagram / LinkedIn: Suofeiya Home
Hashtag: #Suofeiya

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

PAObank Announces FY2024 Annual Results Achieves Record-Breaking Performance Amplifies Resources to Expand Retail Banking Services

Loan Assets Reach a Record High of HK$3.13 billion Customer Deposits Have Significant Growth of 74% Net Interest Income Surged 70% to over HK$130 million

  • In 2024, PAObank achieved outstanding performance across key operational indicators, with net interest income increasing significantly by 70% year-on-year to over HK$130 million.
  • Dedicated to empowering SMEs, PAObank remains committed to supporting their upgrade and transformation. In 2024, total loans and advances to customers sustained an upward trend to over HK$3.13 billion, representing a year-on-year increase of 49%.
  • PAObank became a subsidiary of Lufax Holding Ltd., embarking on a new business strategy. PAObank is further expanding its retail banking services. The Bank offers attractive deposit interest rates by passing cost savings on to individual customers, total customer deposits for the year have increased significantly by 74% to HK$4.35 billion. Following the launch of bancassurance products this year, PAObank will roll out more retail banking services to create greater value for individual customers.

HONG KONG SAR – Media OutReach Newswire – 29 April 2025 – PAO Bank Limited (“PAObank”), announced its annual results for the year ended 31 December 2024. As Hong Kong navigates a period of economic transformation, SMEs are confronted with significant funding needs to facilitate their upgrades and transitions. PAObank, as the first digital bank dedicated to SMEs in Hong Kong, has remained a steadfast presence to its clients. In 2024, PAObank achieved substantial business growth, reflected in its sustained improvements in core profitability. Net interest income for the year surged by 70% year-on-year to over HK$130 million, with a net interest margin increased to 3.17%.

Leveraging our forward-looking market strategies and solid business management, key operational indicators of PAObank in 2024 have shown significant growth. During the year, total loans and advances to customers increased by 49% year-on-year, surpassing HK$3.13 billion. Total customer deposits for the year rose by 74% to HK$4.35 billion, with loan-to-deposit ratio remaining at a stable level of 72%. In April 2024, PAObank officially became a subsidiary of Lufax Holding Limited (“Lufax”) (06623.HK, NYSE LU), embarking on the next phase of its business direction and strategy. PAObank is now focusing on expanding retail banking services while channelling more resources into product development and technology advancement. Meanwhile, the Bank passes cost savings on to individual customers in the form of attractive deposit interest rates. The related investments are reflected in the FY24 annual results.

Despite increased credit loss among SME customers due to economic instability last year, PAObank remains committed to its mission of supporting SMEs. The Bank has introduced more loan products to alleviate financial burdens of SMEs. Following the launch of the “Business Secured Loans” in the fourth quarter of 2024, which offers instalment loans and revolving loans for SMEs to facilitate their business growth and transformation, PAObank introduced “Cross-border e-Commerce Revolving Loan” in early 2025. This product targets the rapidly growing e-commerce market and supports SMEs in expanding their e-commerce business presence. Besides, PAObank proactively participated in the Government’s SME support measures and The Taskforce on SME Lending, contributing to broader efforts that support SMEs. PAObank is proactively addressing SME financing needs, our robust risk management system manages to maintain assets quality at healthy level. As of 31 December 2024, about 25%[1] of SMEs borrowing from PAObank have not obtained bank loans before, and about 8.2%[2] of start-ups operating for less than 3 years received unsecured loan, reflecting that PAObank is assisting SMEs in unlocking their full potential.

In addition, PAObank is proactively expanding its retail banking services and investing resources in products enhancement and development. In March 2025, PAObank obtained an Insurance Agency Licence and officially ventured into the insurance sector. PAObank has established strategic partnership with China Ping An Insurance (Hong Kong) Company Limited and FWD Hong Kong to provide general and life insurance respectively. By utilising cutting-edge fintech and Application Programming Interface (API) technology, PAObank integrates with the platform of insurance companies to offer seamless online bancassurance experience. PAObank will continue to broaden its range of financial services for individual customers this year by introducing more offerings beyond time deposits and insurance, and providing attractive deposit interest rates to reward customers, thereby fully advancing its retail banking business.

Looking ahead, leveraging its leading fintech advantages, PAObank is dedicated to providing more comprehensive and personalised financial solutions to both SMEs and individual customers. Amid global market volatility, PAObank will continue to closely monitor the portfolio’s credit performance and maintain robust credit quality. Staying true to the original mission of promoting financial inclusion, PAObank remains committed in delivering innovative solutions to address the service gaps in banking sectors and thus promotes the development of financial inclusion both locally and across the Greater Bay Area.

For the full report of PAObank’s 2024 financial statements, please visit www.paob.com.hk


[1] As of 31 December 2024, about 25% of SMEs borrowing from PAObank have not obtained bank loans before amongst the approved loan cases of PAObank.

[2] As of 31 December 2024, about 8.2% of SMEs were start-ups operating for less than 3 years amongst the approved loan cases of PAObank.

Hashtag: #PAObank

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

PAO Bank Limited

PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via virtual channels. PAObank is expanding diverse business segments including retail banking and SME banking.

Laos Expands Vocational Training to Curb Labor Shortage

Lao labors working in a silk factory (Photo: KPL)

The Lao government will introduce new vocational education programs in the 2024–2025 academic year as part of efforts to modernize education and address labor shortages through improved human resource development.

HKSTP Tech Companies Shine at GITEX Asia 2025 in Singapore

i2Cool won First Place at the Supernova Pitch Challenge


HONG KONG SAR – Media OutReach Newswire – 29 April 2025 – Hong Kong Science and Technology Parks Corporation (HKSTP) has triumphantly wrapped up its high-impact delegation to GITEX Asia 2025 (GITEX Asia) in Singapore, highlighted by park company i2Cool Limited (i2Cool) won first place at the prestigious Supernova Pitch Competition in AI Everything Abu Dhabi Award.

HKSTP led a delegation of 15 innovative tech companies to exhibit at the HKSTP Pavilion, showcasing I&T achievements across three major innovation categories: AI, Telecommunications, and Green and Construction.
HKSTP led a delegation of 15 innovative tech companies to exhibit at the HKSTP Pavilion, showcasing I&T achievements across three major innovation categories: AI, Telecommunications, and Green and Construction.

The exhilarating three-day GITEX Asia served as an international platform on which HKSTP tech companies could shine. At the HKSTP Pavilion, 15 of HKSTP’s tech companies showcased market-ready breakthroughs spanning AI, telecommunications, green technologies, and construction tech to a global audience representing more than 60 countries and regions. During the Supernova competition and Expand North Star Dubai Pitch Competition, tech companies impressed judges and audiences with their groundbreaking technologies, as they competed against many global innovators for recognition and investment opportunities and gained the experience and exposure that will help them accelerate their growth.

i2Cool won first place in the Supernova Pitching Competition at Abu Dhabi Award. The company received US$5,000 as well as opportunities for international exposure, networking, and meetings with top-tier investors and partners.
i2Cool won first place in the Supernova Pitching Competition at Abu Dhabi Award. The company received US$5,000 as well as opportunities for international exposure, networking, and meetings with top-tier investors and partners.

Representative from i2Cool mentioned, “We are deeply honored to receive the AI Everything Global Award at GITEX Asia. This recognition highlights the innovation behind our electricity-free cooling technology. At i2Cool, we not only deliver superior cooling materials but also integrate AI-driven optical theory predictions and using AI to provide comprehensive pre-assessment and post-verification energy-saving reports. This prestigious award empowers us to further enhance our AI calculation system, particularly in the accuracy of complex climate factor analysis across different regions. We remain committed to delivering the highest level of service to our existing clients and look forward to expanding our presence in the Middle East and ASEAN markets.”

Leaders from the built environment and innovation ecosystem gathered to announce the partnership for The GEAR by Kajima Startup CoLab Programme (From left): Beth Henderson, Lead, Startup Programmes of The GEAR by Kajima; Prof Winston Chow, Professor of Urban Climate at Singapore Management University and Co-Chair of Working Group II, Intergovernmental Panel on Climate Change; Albert Wong, CEO of HKSTP; Luke Wu, Managing Director of The GEAR by Kajima; Heng Teck Thai, Deputy CEO of Building and Construction Authority; Christine Wong, Assistant CEO of Cluster Group, JTC Corporation; Magdalene Loh, Deputy Executive Director of Manufacturing, Enterprise Singapore; and Patrick Lim, CEO of Action Community for Entrepreneurship.
Leaders from the built environment and innovation ecosystem gathered to announce the partnership for The GEAR by Kajima Startup CoLab Programme (From left): Beth Henderson, Lead, Startup Programmes of The GEAR by Kajima; Prof Winston Chow, Professor of Urban Climate at Singapore Management University and Co-Chair of Working Group II, Intergovernmental Panel on Climate Change; Albert Wong, CEO of HKSTP; Luke Wu, Managing Director of The GEAR by Kajima; Heng Teck Thai, Deputy CEO of Building and Construction Authority; Christine Wong, Assistant CEO of Cluster Group, JTC Corporation; Magdalene Loh, Deputy Executive Director of Manufacturing, Enterprise Singapore; and Patrick Lim, CEO of Action Community for Entrepreneurship.

GITEX Asia also saw the official debut of The GEAR by Kajima’s Startup CoLab Programme 2025. As the programme’s sole overseas technology ecosystem partner, HKSTP is spearheading an international platform that connects cutting-edge tech companies with industry leaders to accelerate innovation in construction sustainability and smart building solutions. This vibrant platform enables HKSTP to spotlight Hong Kong’s technological prowess, turbocharging I&T enterprises’ market expansion across Southeast Asia and energising Hong Kong’s thriving innovation ecosystem.

As part of its strategic partnership with The GEAR by Kajima, HKSTP will nominate promising tech innovators to the Startup CoLab Programme 2025. Eight companies will be selected from global applicants to receive expert mentorship, business advisory support, networking opportunities, and access to key Southeast Asian markets. This initiative aims to fast-track their growth, enable effective scaling, and create a lasting impact on the region’s smart city landscape, exemplifying HKSTP’s commitment to fostering innovation and expanding tech companies’ market reach in the built environment ecosystem.

Panel session “From Local to Global: How HKSTP Facilitates Market Expansion for Hong Kong Startups” moderated by Albert Wong, CEO of HKSTP (1st from Right), featured insights from panellists Vriko Yu, CEO of Archireef Limited (2nd from Right); Kiki Zhang, CFO of FJDynamics International Limited (1st from Left); and Prof. Samuel Au, Founder & CEO of Cornerstone Robotics Limited (2nd from Left).
Panel session “From Local to Global: How HKSTP Facilitates Market Expansion for Hong Kong Startups” moderated by Albert Wong, CEO of HKSTP (1st from Right), featured insights from panellists Vriko Yu, CEO of Archireef Limited (2nd from Right); Kiki Zhang, CFO of FJDynamics International Limited (1st from Left); and Prof. Samuel Au, Founder & CEO of Cornerstone Robotics Limited (2nd from Left).
Archireef announced a new nature-based coral restoration research project in Singapore, partnering with Swire Bulk Pte Ltd, Singapore’s National Parks Board, and the Reef Ecology Lab at the National University of Singapore.
Archireef announced a new nature-based coral restoration research project in Singapore, partnering with Swire Bulk Pte Ltd, Singapore’s National Parks Board, and the Reef Ecology Lab at the National University of Singapore.



Albert Wong, CEO of HKSTP,
remarked, “HKSTP is dedicated to driving innovation in the built environment and shaping sustainable, resilient smart cities. Our partnership with The GEAR by Kajima creates vital pathways for Hong Kong tech companies to expand across the region and develop impactful solutions that address real-world challenges. This collaboration also attracts tech innovators from neighbouring nations to join HKSTP’s comprehensive and diverse innovation and technology ecosystem – offering access to R&D expertise, talent development programmes, and market expansion support. Looking ahead, we’re empowering tech companies to accelerate innovation and grow from Hong Kong’s international I&T hub into Mainland China and global markets.”

At GITEX Asia, HKSTP showcased its commitment to fostering innovative tech companies, spotlighting Archireef, one of the exhibiting park companies specialising in marine ecosystem restoration. Archireef announced a new nature-based coral restoration research project in Singapore, partnering with Swire Bulk Pte Ltd, Singapore’s National Parks Board (NParks), and the Reef Ecology Lab at the National University of Singapore (NUS). The project utilises Archireef’s 3D-printed terracotta Reef Tiles™ to restore coral reefs, enhance biodiversity, and strengthen ecosystem resilience through nature-based solutions. This initiative underscores HKSTP’s dedication to supporting deep tech ventures that drives sustainable environmental impact and global expansion.

HKSTP’s successful participation at GITEX Asia has not only showcased Hong Kong’s leading-edge innovations in AI, telecommunications, green tech, and construction technologies but also strengthened its role as a gateway for tech companies to access Southeast Asian and global markets.

Appendix: List of 15 exhibiting park companies at GITEX Asia 2025

No. Category Company Name
1 AI HairCoSys Limited
2 Neufast Limited
3 Neuron Operations Limited
4 On-us Company Limited
5 Pantheon Lab Limited
6 Radica Systems Limited
7 TaoTaro Group Limited (Materia Logic)
8 Green and Construction Tech EC Innovation Limited
9 FJ Dynamics International Limited
10 Green Vigor Limited
11 Hong Kong Center for Construction Robotics
12 i2Cool Limited
13 Zence Object Holding (Hong Kong) Limited
14 Telecommunications Altai Technologies Limited
15 eSIX Limited

Hashtag: #HKSTP

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

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 14 unicorns, more than 15,000 research professionals and over 2,200 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at .

Omdia ranks Infobip as a Leader in the CPaaS Universe report for the third time

Infobip has strengthened its leadership position in the 2025 report

KUALA LUMPUR, Malaysia, April 29, 2025 /PRNewswire/ — Global communications platform Infobip has been ranked as a leader in the Omdia CPaaS Universe report 2025. Infobip has been recognized as a leader for the third time, improving its overall ranking in 2025 compared to the previous report in 2023. Infobip’s robust Communication Platform-as-a-Service (CPaaS) services, RCS Business Messaging (RBM) campaigns, connection to the emerging Network API ecosystem, and innovation through AI and Gen AI are key factors highlighted in the Omdia report.

The Omdia CPaaS Universe report is a comprehensive analysis of the CPaaS market, drawing on the firm’s forecasting and enterprise insights survey data. The report provides a forward-looking matrix of capabilities, attributes, and features that are important within the market.

Omdia recognizes Infobip as a leading CPaaS provider, delivering exceptional communication services to enterprises, developers, hyperscalers, partners, and telcos.

Pamela Clark-Dickson, Principal Analyst at Omdia, said: Infobip provides an extensive range of communication channels and APIs. One of its key differentiators from other vendors in this Universe is that it is also at the forefront of adding emerging channels for business messaging, such as RCS Business Messaging and communications, which are crucial growth drivers for the industry and the company. Infobip enhances the developing Network API ecosystem and assists customers in achieving their business objectives through innovative AI and Gen AI features.”

Silvio Kutić, CEO at Infobip, said: “We are driving innovation within the communications platform ecosystem. With more than 9,700 connections to telco companies, our CPaaS platform is a leading option for various communication and customer engagement solutions. Omdia emphasizes our incorporation of AI and Gen AI features in the CPaaS solution, which promotes innovation, develops new use cases, and enhances existing ones. Combined, this has enabled us to strengthen our leadership position in the market this year.”

See Omdia CPaaS Universe report 2025 here: https://www.infobip.com/analyst-reports/omdia-ranks-infobip-as-a-leader 

ENDS

About Infobip

Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

Recent award wins include:

  • Infobip ranked an Established Leader in the Juniper Research Conversational AI Leaderboard (Feb 2025)
  • Infobip named a CPaaS Leader for the third time in the IDC MarketScape (Feb 2025)
  • Infobip named one of the top CPaaS providers in Metrigy’s CPaaS MetriRank Report (Dec 2024)
  • Infobip named number one among Established Leaders in RCS Business Messaging in Juniper Research’s RCS Business Messaging Competitor Leaderboard 2024 (Nov 2024)
  • Infobip recognized as the number one provider in the AIT Fraud Prevention market by Juniper Research (Oct 2024)
  • Infobip named a Leader in the Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) 2024 for the second year running (June 2024)
  • Infobip named to Fast Company’s Annual List of the World’s Most Innovative Companies (March 2024)
  • Omdia Ranks Infobip as Leader for the second year running in its CPaaS Universe Report (Nov 2023)

Asia Pacific’s AI Ambitions Hinge on Next-Generation Networks, Reveals IDC Report


SINGAPORE – Media OutReach Newswire – 29 April 2025 – A new IDC InfoBrief* commissioned by Expereo shows Asia Pacific (APAC) businesses pursuing artificial intelligence (AI) strategies are facing a critical turning point. The IDC InfoBrief, sponsored by Expereo, “Enterprise Horizons 2025: Technology Leaders Priorities: Achieving Digital Agility”, highlights that limitations in current network infrastructure are a significant barrier to realizing AI’s transformative potential in the region. However, these findings also present an opportunity for APAC organizations as they strive to maintain their competitive edge in the AI-driven economy.

This IDC InfoBrief, based on a survey of 650 technology leaders across Europe, the US and APAC, opens with a striking finding: Networking/Connectivity has emerged as the top technology priority for APAC organizations, with 43% of those surveyed planning increased investment in this area over the next 12 months. This surge in network investment shows companies now recognize that strong, flexible connectivity is fundamental for AI success. APAC businesses realize that their AI ambitions will be held back if their underlying network infrastructure cannot adequately manage the demands of AI workloads.

However, the report also delivers a stark reality: 94% of companies surveyed report that their networks limit their ability to run large data and AI projects. This alarming statistic highlights a significant disconnect between APAC’s AI ambitions and the reality of their existing network capabilities. Organizations find that their current networks lack the agility, capacity, and performance necessary to support the intensive demands of AI, effectively creating a bottleneck that can result in lost productivity, increased costs, and missed business opportunities.

“This prioritization of networking reflects a critical shift in perspective. APAC businesses understand that AI success depends on the ability to move data, connect systems, and deliver applications with speed and reliability,” says Eric Wong, President of Asia Pacific, Expereo. “With 9 out of 10 companies in APAC see their networks as a limiting factor, organizations must embrace more dynamic and agile solutions that can adapt to the evolving demands of AI. APAC has the ambition to lead in AI, but network infrastructure is the key to unlocking that potential. Organizations that prioritize network modernization will lead in the AI-driven future.”

Additional takeaways from the IDC InfoBrief include:

1. Half of the surveyed companies face financial losses from unreliable, outdated networks.
This finding highlights the vulnerability of APAC businesses to network disruptions, which can have a cascading effect on AI-driven operations. In an AI-centric world, where applications are often mission-critical, network downtime can lead to significant revenue loss, damage to reputation, and erosion of customer trust.

2. Critical network improvements increasingly outsourced to partners.
As networks grow more complex and skilled talent becomes scarcer, APAC organizations are turning to managed service providers for expertise and support. This trend underscores the importance of collaboration and highlights the value of partnering with experienced providers that can help businesses navigate the complexities of network transformation.

3. Networks and connectivity must improve sustainability impact to maintain competitive advantage.
APAC, with its focus on sustainable development, faces a unique challenge and opportunity. Modernizing network infrastructure can help contribute to sustainability goals by improving energy efficiency, reducing carbon emissions, and supporting environmentally responsible business practices.

For the full *IDC InfoBrief, Enterprise Horizons 2025: Technology Leaders Priorities: Achieving Digital Agility, doc #EUR253271325​, March 2025, please visit: https://www.expereo.com/enterprise-horizons-2025

Hashtag: #Expereo

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

About Expereo

Expereo is a world-leading Managed Network as a Service provider that connects people, places, and things anywhere. Solutions include Global Internet, SD-WAN/SASE, and Enhanced Internet. With an extensive global reach, Expereo is the trusted partner of 60% of Fortune 500 companies. It powers enterprise and government sites in more than 190 countries, with the ability to connect to any location worldwide, working with over 2,300 partners to help customers improve productivity and empowering their networks and cloud services with the agility, flexibility, and value of the Internet, with optimal network performance.

Expereo was acquired in Feb 2021, by Vitruvian Partners which acquired a majority shareholding from Seven2.

Agoda Invites Hoteliers to Join Milestone Campaign Celebrating Its 20th Birthday

Accommodation providers will have standout opportunity to participate in a major promotional event gaining exposure to millions of travelers

SINGAPORE, April 29, 2025 /PRNewswire/ — Celebrating 20 years of Agoda, the digital travel platform is inviting hoteliers and accommodation providers across the region to participate in a landmark 20th Birthday sales campaign leading up to the special occasion on May 19.

Agoda - 20 Years of Bridging The World Through Travel
Agoda – 20 Years of Bridging The World Through Travel

The celebration promises to be the platform’s most ambitious strategic promotion yet, uniting partners and travelers through a raft of exclusive deals across accommodation, flights and activities. The special birthday sale will offer travelers worldwide exceptional savings of up to 60% from May 7-20, with exclusive discounts up to 70% on May 21.

Partners will be offered a significant opportunity to increase property visibility, attract and drive demand from high-intent guests, boost occupancy rates and capitalize on Agoda’s two decades of market expertise.

This initiative comes as Agoda customers show strong interest for international travel. 87% of travelers expect to take the same number of trips or more compared to 2024, with most of those journeys involving crossing international borders (52%).

“For 20 years, Agoda’s mission has been to make travel more accessible while delivering greater value to our partners who have been with us from the beginning and as we grew,” said Andrew Smith, Senior Vice President, Supply at Agoda. “This campaign is not just a celebration, it’s another way for our hotelier partners to connect with international travelers through our world-class technology and deep understanding of local markets.”

Over the years, Agoda’s journey has been defined by strong partnerships, with around 95,000 accommodations joining the platform in its early years, many of which remain active to this day. This reflects the trust placed in Agoda by its partners, as the platform has expanded to host over 5 million accommodation listings worldwide.

Smith added, “By generating excitement for this campaign, we aim to help hoteliers convert the buzz around our birthday into measurable results.”

Agoda’s partners are still growing decades later

From its first listing of a boutique hotel in Pattaya to today’s global network of 5 million properties, Agoda’s growth mirrors the ambition of its partners. The platform now connects customers with over 130,000 flight routes and 360,000 activity providers.

Agoda has spent the past decade building tools that help accommodation partners work smarter, not harder. Through its PartnerHub platform, properties now get access to a range of digital tools designed to help them fulfil their potential. On average, properties using tools like Agoda Intelligence secure 30% more bookings than competitors. By turning complex data into clear business strategies, Agoda helps partners stay visible, save time while growing revenue.

Daren Lee, Director of Revenue at Sunway Putra Hotel in Kuala Lumpur, Malaysia said: “With 650 rooms to fill, we rely on partners who deliver results—and Agoda has done just that since we started working with them. From starting with just a few thousand nights, we’ve grown 16 times over the decade. Agoda’s consistent performance, data-driven campaigns and dedicated local team support have helped us scale significantly and stay competitive, including during COVID-19 when strong domestic support was critical.”

The engine behind the growth 

Behind every partner’s growth story lies Agoda’s digital infrastructure, a constantly evolving system processing vast amounts of data to achieve optimal results for accommodation providers including:

  • 1 trillion daily price checks to match demand with the best deals.
  • Analyzing over 2 billion user interactions daily to refine personalized travel recommendations.
  • 12 petabytes of monthly data analyzed to forecast trends and tailor offers.

Over the past two decades, Agoda has redefined travel by empowering its partners and unlocking unforgettable experiences for explorers worldwide. This milestone celebrates the partnerships that have shaped its legacy and the technology driving its progress, ensuring that every journey remains effortlessly smooth and convenient.

Hoteliers interested in participating in Agoda’s 20th Birthday Campaign can enroll here.

 

United Imaging Healthcare Releases 2024 ESG Report, Driving Sustainable Development Through Innovation

SHANGHAI, April 29, 2025 /PRNewswire/ — United Imaging Healthcare (SSE: 688271) has released its 2024 Environmental, Social, and Governance (ESG) Report, reaffirming its mission to bring Equal Healthcare for All. The report outlines continued progress in sustainability, compliance, and corporate responsibility, emphasizing how the company integrates long-term social value with global business growth.

In 2024, the company achieved an “A” rating in the MSCI ESG evaluation and ranked in the top 15% of companies assessed by the S&P Global Corporate Sustainability Assessment (CSA), reflecting its consistent performance in ESG integration.

United Imaging Healthcare continued to promote global health equity by expanding access to advanced medical technologies and services. In China, it launched large-scale public screening campaigns in underserved areas, supporting early detection and local health system improvement. Globally, it deployed digital imaging solutions in countries including Mexico, Malawi, and Ethiopia, improving diagnostic capabilities and healthcare accessibility in resource-constrained settings. Regional operations in the Middle East and Asia-Pacific continued to scale innovation delivery across more than 30 countries.

United Imaging Healthcare maintained a strong focus on quality and compliance. In 2024, it updated 184 quality management documents and passed 38 audits from regulators and third-party certifiers with a 100% success rate. ERP upgrades and digital transformation projects at its Shanghai and Wuhan campuses helped improve cross-functional efficiency across R&D, manufacturing, and supply chain operations.

Sustainable development remained a strategic priority. The company advanced responsible sourcing, strengthened supplier oversight, and expanded ESG governance across its global operations. In 2024, over 17,000 employee attendances in anti-bribery and anti-fraud training sessions were recorded, supporting a culture of integrity and ethical conduct.

In workforce development, the company continued to promote diversity, equity, and inclusion. By the end of 2024, the company employed over 8,000 people across more than 30 locations worldwide. Over 4,000 employees have benefited from its equity incentive programs, reflecting its commitment to shared growth and long-term value creation.

Environmentally, by 2035, the company has committed to reducing Scope 1 and 2 carbon emissions intensity by 50% using 2023 as the baseline year. In 2024, the company earned a “B” rating in both climate and water assessments under the CDP framework, affirming its progress in carbon management and environmental responsibility.

The management reaffirmed United Imaging Healthcare’s long-term commitment to driving innovation and expanding access to high-quality healthcare—fulfilling its mission of Equal Healthcare for All.