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Zeekr Group Announces March 2025 Delivery Update

HANGZHOU, China, April 1, 2025 /PRNewswire/ — ZEEKR Intelligent Technology Holding Limited (“Zeekr Group” or the “Company”) (NYSE: ZK), the world’s leading premium new energy vehicle group, today announced its delivery results for March 2025.

In March, Zeekr Group delivered a total of 40,715 vehicles from its two brands, Zeekr and Lynk & Co, thanks to the trust and support of over 1.86 million users. The Zeekr brand delivered 15,422 vehicles, representing increases of 18.5% year-over-year and 9.9% month-over-month. Meanwhile, Lynk & Co brand delivered 25,293 vehicles, recording growth of 28.6% year-over-year, with 56.3% of deliveries coming from NEV models.

On March 18, Zeekr Group unveiled its Zeekr G-Pilot intelligent driving system, powered by AI, big data, advanced SoCs, and a robust E/E architecture. The solution reinforces Zeekr Group’s industry leadership in safety and autonomous driving innovation, featuring industry-first technologies like the General Automated Evasion System (G-AES) and Full-Capacity Vehicle-to-Parking (V2P) intelligent drive.

About Zeekr Group

Zeekr Group, headquartered in Zhejiang, China, is the world’s leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain. Zeekr Group’s values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider.

For more information, please visit https://ir.zeekrgroup.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “future,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

In China:
ZEEKR Intelligent Technology Holding Limited
Investor Relations
Email: ir@zeekrlife.com

Piacente Financial Communications
Tel: +86-10-6508-0677
Email: Zeekr@thepiacentegroup.com

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: Zeekr@thepiacentegroup.com

Media Contact

Email: Globalcomms@zeekrgroup.com

Capella Taipei Partners with Aiello to Revolutionize Hospitality with AI Voice Technology

Indulging in a Data-Driven Evolution of Guest Experiences

TAIPEI, April 1, 2025 /PRNewswire/ — The leading AI solutions brand Aiello has partnered with Capella Taipei, under the acclaimed Capella Hotels and Resorts brand, to celebrate the grand opening of its first property in Taiwan. Each of the 86 guest rooms and suites at Capella Taipei is now equipped with the Aiello Voice Assistant (AVA), offering an unparalleled guest experience powered by cutting-edge AI technology. This collaboration not only underscores Capella Taipei’s innovative vision in smart hospitality but also reinforces Aiello’s leadership in the luxury hospitality market, showcasing the transformative potential of AI in elevating guest satisfaction and operational efficiency.

Aiello announces full implementation of Aiello Voice Assistant (AVA) in 86 guest rooms and suites at Capella Taipei
Aiello announces full implementation of Aiello Voice Assistant (AVA) in 86 guest rooms and suites at Capella Taipei

Capella Taipei is redefining luxury hospitality with a visionary approach to digital innovation. Aiello Voice Assistant (AVA) offers 24/7 concierge services, allowing guests to immerse themselves in a luxurious and comfortable stay. Debuting in an elegant smoked walnut finish, AVA blends naturally into the room’s refined aesthetic, while digital instruction cards replace traditional paper, reinforcing Capella Taipei’s commitment to sustainability.

Aiello Voice Assistant (AVA) enhances guest experience with intuitive voice-activated features. Guests can effortlessly adjust lighting, control the television, and access personalized recommendations to explore Taipei’s rich cultural and natural attractions. Integrated with the hotel’s Property Management System (PMS) and Task Management System (TMS), AVA optimizes hotel operations by automating guest requests, ensuring an exceptional, intelligent, and sustainable stay.

“Aiello Voice Assistant’s multilingual capabilities and round-the-clock service provide guests with an instant, personalized experience, perfectly aligning with the core value of Capella Hotels and Resorts,” said Dennis Laubenstein, General Manager of Capella Taipei. He added, “This enables our team to focus on providing unparalleled service and fostering unforgettable moments for our guests.”

As labor shortages challenge the hospitality industry, digital transformation and AI-driven solutions have become a key trend. Aiello developed AielloOne, an all-in-one SaaS management platform leveraging advanced AI and data-driven insights to optimize hotel operations and drive revenue growth. Building on the success of the Aiello Voice Assistant, Aiello recently introduced Aiello GuestWeb, a multilingual AI-powered digital concierge available as a mobile-friendly web portal. Supporting 58 languages, it allows travelers to instantly access hotel information, request services, and explore personalized recommendations. By reducing call volume by up to 60% and increasing ancillary revenue from room service orders, Aiello GuestWeb makes digital transformation more accessible than ever. Meanwhile, Aiello Voice Translator (AVT) provides real-time translation in 75 languages, enabling front desk staff to communicate effortlessly with international guests. By breaking language barriers, AVT enhances both service efficiency and the overall guest experience.

Aiello CEO and Co-founder Vic Shen remarked, “We’ve developed a tailored AI-driven data solution for hotels, empowering operational teams with precise insights into guest behavior and preferences. This enables them to refine strategies and boost revenue growth.” He emphasized that through AielloOne, hotels can seamlessly integrate key touchpoints across the entire guest journey—from pre-arrival planning to post-checkout experiences. “We are paving the way for a more efficient and competitive future in the hospitality industry,” Shen said. The collaboration with Capella Taipei further strengthens Aiello’s presence in the high-end hospitality sector. Aiello aims to expand its global footprint and lead innovations in intelligent hospitality solutions worldwide.

About Aiello

Aiello is a leading AI solutions brand renowned for its AielloOne platform—an all-in-one SaaS management solution tailored for the hospitality industry. AielloOne covers key touchpoints throughout the entire guest journey, from pre-arrival planning to post-checkout experiences, empowering hoteliers to boost operational efficiency and unlock new revenue streams. The flagship product, Aiello Voice Assistant (AVA), has received numerous accolades. Since 2019, AVA has been deployed in over 210 hotels, covering 20,000 rooms, and has handled over 14 million inquiries from 2.5 million users in Chinese, Japanese, Thai, Korean, and English. By leveraging AI technology, Aiello is driving digital transformation in hospitality, creating a more efficient and competitive future for hoteliers worldwide.

For more information, please visit https://aiello.ai/.

About Capella Taipei

Capella Taipei is a transcendent blend of contemporary elegance with timeless sophistication in the heart of Taiwan’s dynamic capital. Nestled in the vibrant Songshan district, Capella Taipei fuses tradition with a modern-day narrative of the city, capturing André Fu’s personal interpretation of a “modern mansion” concept. 86 exquisitely crafted rooms and suites offer sweeping views of the city skyline, highlighting the Taipei 101 landmark and surrounding mountains, while culinary excellence abounds with five dining venues and a tri-level destination bar complex. The Glasshouse. Capella Wellness offers bespoke treatments for those seeking rejuvenation, and the signature Living Room, where Capella Culturists curate personalized experiences, rounds out this urban retreat— a haven designed to indulge and inspire.

For further information, please contact:

Aiello Inc

Patty Chen  

Marketing Director
Mobile: +886 955-660-701 

Email: patty.chen@aiello.ai

Aiello Inc

Patricia Wang 
PR/Event Marketing Manager
Mobile: +886 933-839-219 

Email: patricia.wang@aiello.ai

Capella Taipei

Wendy Hung

wendy.hung@capellahotels.com

 

UnionPay Expands Payment Network in Australia with MyDeal Integration, Enhancing Payment Convenience for Australian Shoppers

SYDNEY, April 1, 2025 /PRNewswire/ — Recently, UnionPay International (UPI or the Company) continues to expand its footprint in Australia with the integration of UnionPay acceptance on MyDeal, one of the country’s leading online retail marketplaces. This partnership enhances shopping convenience and streamlines the payment experience for UnionPay users, reinforcing UPI’s commitment to secure, seamless, and efficient digital transactions worldwide.

MyDeal is a premier Australian online retail platform known for its wide selection of home and lifestyle products and a strong base of loyal customers. With this collaboration, MyDeal shoppers can now easily select UnionPay as their preferred payment method at checkout, benefiting from a smooth, intuitive, and secure transaction process. This marks another milestone in UPI’s efforts to broaden payment accessibility and improve the digital shopping experience for Australian users.

UnionPay has established an extensive payment network in Australia, offering several benefits to long-term UnionPay cardholders. UnionPay’s extensive online payment network spans various sectors, including department stores, supermarkets, hotels, and bill payments. With the UnionPay App’s Australian payment feature, UnionPay cardholders can conveniently pay tuition fees, utility bills, and other living expenses via BPAY.

Beyond online payments, UnionPay has also built a strong offline payment network in Australia. Nearly 95% of offline merchants and 99% of ATMs nationwide accept UnionPay. Additionally, 90% of UnionPay-accepting merchants support UnionPay QuickPass, which facilitates fast, contactless transactions. The synergy between UnionPay’s online and offline payment capabilities ensures that Cardholders benefit from a seamless, all-encompassing payment experience across different scenarios.

By expanding its e-commerce footprint with MyDeal, UnionPay continues to enhance digital payment convenience for Australian consumers. This collaboration underscores UPI’s dedication to advancing secure and seamless payment experiences, further strengthening its role in the evolving digital economy.

About MyDeal

Established in 2011 in Melbourne, MyDeal is a premier online retail marketplace in Australia, offering a carefully curated selection of high-quality home and lifestyle products from trusted retailers. MyDeal has become a preferred destination for value-conscious shoppers, delivering competitive prices, top brands, and an outstanding customer experience. Committed to making life more affordable for all Australians, MyDeal strives to provide the best deals and a seamless shopping journey. For more information, visit www.mydeal.com.au.

About UnionPay International

UnionPay International (UPI) is dedicated to expanding and supporting UnionPay’s global business. With partnerships across more than 2,600 institutions worldwide, UnionPay cards are accepted in 183 countries and regions, with issuance in 84 of them. UPI delivers high-quality, cost-effective, and secure cross-border payment solutions to the world’s largest cardholder base, ensuring seamless local services for global cardholders and merchants.

 

Artificial intelligence advances green solutions

BEIJING, April 1, 2025 /PRNewswire/ — A news report from China Daily: Experts highlighted the role of artificial intelligence and digital technologies in accelerating green industrial upgrades and advancing global sustainable development at the 2025 Zhongguancun Forum.

Speaking at the Carbon Peak and Carbon Neutrality Science and Technology Forum, Ding Chibiao, vice-president of the Chinese Academy of Sciences, said AI is reshaping energy systems and driving China’s dual carbon goals.

“AI is a cornerstone of innovation for future energy structures, driving green transitions,” Ding said. China aims to peak carbon emissions before 2030 and reach carbon neutrality before 2060.

Ding noted that AI adoption has already improved efficiency in high-carbon industries such as chemicals, aligning with the academy’s strategic action plan for science and technology supporting carbon peak and carbon neutrality released in 2022. He pledged deeper interdisciplinary collaboration to advance AI-enabled low-carbon energy solutions.

Ye Mao, a researcher at the academy’s Dalian Institute of Chemical Physics and head of its intelligent chemical engineering team, detailed progress in AI-driven chemical engineering.

Since 2016, a team led by Liu Zhongmin, the institute’s director and an academician at the Chinese Academy of Engineering, has pioneered AI applications in the field. Last year, they launched Chem-ELLM, a large model for autonomous chemical process design, followed by an upgraded Chem-ELLM 2.0 in November.

“The new version significantly improves capabilities in catalysis, safety and foundational chemistry, broadening industrial applicability,” Ye said.

More than 50 chemical companies have tested the model, with adoption growing steadily. However, Ye said traditional engineering and AI-human collaboration will continue during the transition.

“Building an intelligent chemical ecosystem requires time, but it will boost efficiency, safety and support China’s energy revolution,” he said.

At the International Forum on Sciences for Sustainable Development — part of UNESCO’s International Decade of Sciences for Sustainable Development (2024-2033) — global experts examined digital technology’s role in achieving the United Nations’ 2030 Agenda for Sustainable Development.

Guo Huadong, an academician at the Chinese Academy of Sciences and director of the International Research Center of Big Data for Sustainable Development Goals, unveiled the Beijing Initiative on Digital Science and Technology for Sustainable Development. The plan calls for scaling AI, big data, the internet of things and space technology to combat climate change, biodiversity loss and poverty.

“Digital tools are key to optimizing energy use, cutting emissions and improving resource management,” Guo said. The initiative also advocates global platforms for sharing digital resources, integrating technology into policymaking and boosting public sustainability literacy.

Highlighting China’s contributions, Guo said SDGSAT-1, the world’s first science satellite dedicated to the 2030 agenda, has delivered more than 420,000 datasets to 104 countries since its 2021 launch. The data aids in monitoring urban heat islands, assessing emissions and disaster response.

Bybit x Block Scholes: BTC fell after touching $88K but bearish derivatives trend holds

DUBAI, UAE, April 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report in collaboration with Block Scholes. The report provides insights into macroeconomic developments, the state of crypto spot and derivatives markets, and emerging trading signals.

Key insights

Since bottoming out on March 11, crypto asset prices have climbed steadily over a two-week period, with BTC briefly surpassing $87,000 and ETH recovering above $2,000. XRP has remained relatively stable, while BTC, ETH, and SOL continue to trade below their year-opening levels. SOL, which hit an all-time high in January following Cboe’s Solana Spot ETF filing, also remains down year-to-date. While the broader market has shown signs of recovery, derivatives activity reflects lingering caution. Demand for BTC and ETH put options remains elevated, signaling ongoing hedging behavior.

Cautious rebound in perpetuals

Perpetual open interest stayed flat for most of the week, underscoring a cautious, risk-off tone. A brief market rebound saw BTC rise to $88,000 — a two-week high — triggering modest increases in perpetual trade volume, primarily driven by BTC. Still, volumes remain significantly below those recorded earlier this month, when U.S. President Donald Trump proposed a national crypto reserve centered on the four largest tokens.

Sources: Bybit, Block Scholes
Sources: Bybit, Block Scholes

Funding rates suggest persistent bearish sentiment

Despite lower realized volatility and positive price movement among major assets, BTC and ETH perpetual contracts continued to post negative funding rates. This indicates that short sellers are still paying long positions, an ongoing sign of bearish sentiment. In contrast, large-cap altcoins showed more mixed positioning, with funding rates fluctuating between positive and negative without a clear directional bias.

Volatility retreats to yearly lows

Implied volatility declined by 3 to 5 points over the past week, with 30-day options now trading at their lowest levels since the beginning of the year. Realized volatility is also nearing the 30% floor last seen in February. As typically observed in low-volatility periods, options market activity has slowed, with open interest remaining low and relatively balanced between puts and calls. Around $40 million in options expired during the week.

Access the full report

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk /#BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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UK project-based businesses see AI as key to meeting ambitious 2025 targets, Deltek research finds

  • Technology and automation seen as potential top drivers of profitability for UK project-based businesses
  • Digital transformation is being fast-tracked, with many professional services firms already achieving a level of digital maturity that they had not expected to reach until 2027
  • 76% of project-based UK businesses entered 2025 planning to expand their workforce

LONDON, April 1, 2025 /PRNewswire/ — New research released today from Deltek, the leading global provider of software and solutions for project-based businesses, finds the UK’s project-based businesses started the year optimistic about how technology can help them reach their growth targets in 2025. Despite economic headwinds, firms are ambitious, with 83% looking to increase profit growth this year and 42% expecting to increase headcount significantly. In terms of predicted gross profit margins (GPM) this year, engineering firms started 2025 the most confident about GPM increases, with 60% predicting increases of 10% or more compared to 2024.

UK project-based businesses see AI as key to meeting ambitious 2025 targets, according to Deltek research
UK project-based businesses see AI as key to meeting ambitious 2025 targets, according to Deltek research

The research, conducted across UK-based architecture, engineering and consultancy firms, identifies technology and automation as the top potential drivers of attaining these goals. The top two priorities for firms are investing in new technology e.g. adopting AI (39%) and the effective implementation of new innovations e.g. AI (37%).

Consultancy firms are most likely to tie profitability to the successful implementation of AI, with 64% anticipating increased profits following successful AI implementation. However, architecture firms are leading the way in the focus of automation and robotic process automation (RPA), with over half (53%) of architecture firms placing it as imperative to the success of UK firms. Cybersecurity is also a high priority, with over a third (36%) of project-based firms now citing it as a top three priority for their business, compared to less than a quarter (23%) last year.

As a result of the focus on technology advancements, over half of UK project-based firms (56%) are now at a “Mature” or “Advanced” stage of their digital transformation development, up from less than a third (32%) in 2024. This indicates that firms are prioritising digital transformation and maturing more rapidly. In fact, compared to 2024 predictions on how fast they would achieve maturity in digital transformation, timelines have been brought forward two years with many professional services already achieving a level of digital maturity that they had not expected to reach until 2027. Again, Architecture firms are currently leading the way in digital transformation with nearly two-thirds (64%) at a mature or advanced stage of their journey.

The use of AI and automation are also pivotal this year in attaining key performance indicators (KPIs) for project-based businesses in the UK. Rising competition for talent (30%) and project complexity (28%) in 2025 are key pressures identified for project management in the next three years. However, 40% of firms are addressing this by prioritising the adoption of AI and automation for streamlining project processes. In 2025, confidence in tracking key project metrics (profitability, budget, and client satisfaction) has risen to 75% in 2025, up from 59% in 2024.

Neil Davidson, Group Vice President, Professional Services Sector at Deltek comments, “Professional services firms are already recognising the efficiency savings and growth opportunities provided by digital transformation. This year is a pivotal time for realising the benefits technology can bring, as firms still look to grow in 2025.”

“It’s promising to see that the shift in the use of technology is also underpinning greater  confidence in tracking project metrics – something we have not seen in our past Clarity reports. The strides professional services firms have made in implementing advancements in technology, ahead of schedule, are further improving their ability to manage the factors that contribute to attaining KPIs. Successful tracking is vital for providing insight into core business metrics, the optimisation of processes, and supporting productivity to help firms ensure they stay on-track to meet their goals.

As well as investing in technology, project-based UK businesses are also expanding their workforce, with 76% planning to increase headcount in 2025. This is a significant increase from last year, where just 58% of firms expected to expand their workforce. Engineering firms are the most ambitious in this area in terms of significant headcount increase, with 42% planning to igrow their talent pool by more than 10% this year (compared to the average 34% expecting the same level of growth across all professional services firms). However, organisations are conscious that a lack of upskilling investment (48%) and a lack of employee engagement (34%) are still detrimentally impacting their organisation. To address this and empower young professionals in 2025, firms are concentrating on promoting a culture of collaboration and innovation in the workplace (51%), encouraging continuous learning (49%), and providing access to advanced technologies (45%).

To download the full report, visit deltek.com/en-gb/clarity-report-emea.

Methodology

  • Based on an independent, self-completion online survey, conducted by 3Gem Media Group in January 2025, with 200 senior strategic decision-makers in UK Architecture, Engineering or Consulting firms.
  • To qualify, respondents had to be at a senior level including CEOs/Managing Directors (MDs), C-suite level directors, and heads of relevant departments such as finance, operations, delivery and projects, and work in firms of 20+ employees.
  • The sample consisted of 37% Architecture or A/E (architecture-led engineering), 26% Engineering (or engineering-led architecture) and 37% Consulting (management/market research) firms, and was made up of 6% small (20-50 employees), 29% medium (51-250 employees), 25% large (251 to 500 employees) and 40% very large (501+ employees) sizes of organisations.

Company Type:
This year’s survey included architecture, engineering, and consulting firms. The term ‘architecture and engineering’ (A&E) refers to all architecture, engineering, and allied firms. The term ‘consulting’ refers to management consulting and market research companies. Throughout this report, the total sample results are referred to as professional services firms.

About Deltek
Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. Learn more at www.deltek.com.

CONTACT: Deltek Media Relations Team, press@Deltek.com 

YOFC Unveils Game-Changing Hollow-Core Fibre Advances at OFC 2025

SAN FRANCISCO, April 1, 2025 /PRNewswire/ — At the OFC Conference, from March 30 to April 3, 2025, at San Francisco’s Moscone Center, Yangtze Optical Fibre and Cable Joint Stock Limited Company (YOFC) (stock tickers: 601869. SH, 06869.HK) highlighted several new developments in hollow-core fibre technology. During a workshop entitled “How will future submarine systems look like”, Dr. LUO Jie, YOFC’s Chief Technology Officer, presented groundbreaking advances in the field of hollow-core fibre technology.

YOFC’s presentation focused on its latest strides in reducing attenuation to a record-low of 0.05dB/km and extending the manufacturing length of single fibres to over 20 kilometers—achievements that not only set new global benchmarks but also starkly outperform traditional solid-core fibres. These technological advancements were demonstrated through a 21.7 km long hollow-core fibre with a proprietary supporting tube structure (ST-HCF). This drew considerable attention at the exhibition for its potential implications in optical communications.

Hollow-core fibre technology represents a paradigm shift in optical communications, enabling light to be transmitted through an air core. The design facilitates a 47% increase in transmission speed and a 31% reduction in latency compared to conventional fibres, showcasing the significant potential for applications requiring rapid and efficient data transmission such as in data centers, AI models, and financial trading. Additionally, the technology’s exceptionally low attenuation and nonlinearity could potentially address the capacity bottlenecks faced by submarine communication networks and long-distance terrestrial communication lines.

In his presentation, Dr. LUO Jie explored both the practical and theoretical enhancements that hollow-core fibres could bring to submarine cable systems, emphasizing their ability to increase data throughput and reduce transmission times in future deployments.

YOFC has been at the forefront of hollow-core fibre technology development, leveraging its comprehensive research capabilities and autonomous raw material research system to overcome significant industrial challenges. As the digital economy grows, YOFC’s continued innovation in hollow-core fibre technology is set to play a crucial role in supporting the evolution of global digital infrastructure, ensuring it is robust, efficient, and equipped to meet future demands.

Synagistics and HKT Unveil ShopHK: Empowering Hong Kong SMEs and Enterprises To Target Southeast Asia’s Thriving E-commerce Market

  • Tapping Southeast Asia’s USD 600 Billion E-Commerce Boom: Southeast Asia’s e-commerce market is projected to reach USD 295 billion in 2025 and on track to hit USD 600 billion by 2030, creating significant opportunities for Hong Kong brands seeking international expansion.
  • AI-Powered, Seamless Cross-Border Solutions: ShopHK, www.synagie.com/shophk combines AI-powered Synagie’s SaaS and CaaS tech, over 50 on-demand digital commerce services and cross-border logistics. This is further enhanced by HKT’s client network, providing robust, end-to-end support for Hong Kong businesses.
  • Expansion Goals: ShopHK aims to attract the 200,000 SMEs in Hong Kong currently actively seeking overseas expansion, targeting to onboard at least 500 brands by the end of this year.
  • Try Now for Free. Take advantage of Synagie’s exclusive 30-day free trial from April 1 to April 15 2025.

HONG KONG and SINGAPORE, April 1, 2025 /PRNewswire/ — Synagie, the digital commerce arm of Synagistics Limited (HKEX: 2562.HK), has launched ShopHK with the support of HKT. ShopHK is a cutting-edge platform that enables Hong Kong brands to tap into Southeast Asia’s booming e-commerce market. ShopHK leverages Synagie’s AI-powered technology, 50+ on-demand services, cross-border logistics, and HKT’s client network to help businesses scale globally.

Left to Right: Catherine Chung, Vice-President, SME Market, Commercial Group, HKT; Olive Tai, Co-Founder & CEO, Synagistics Ltd; Clive Chow, Chief Operating Officer, The Club, HKT
Left to Right: Catherine Chung, Vice-President, SME Market, Commercial Group, HKT; Olive Tai, Co-Founder & CEO, Synagistics Ltd; Clive Chow, Chief Operating Officer, The Club, HKT

Seizing Southeast Asia’s USD 600 Billion E-Commerce Opportunity

Southeast Asia’s e-commerce market is poised for explosive growth, projected to reach approximately USD 295 billion in 2025 and on track to hit USD 600 billion by 2030. This is driven by the region’s tech-savvy population, rising incomes, and widespread smartphone ownership. Indonesia leads as the primary growth market with Vietnam, Thailand and the Philippines, expected to double their e-commerce market values by 2030.

ShopHK: Empowering Hong Kong Businesses to Expand Globally

“The Synagie-HKT collaboration is a game-changer for Hong Kong businesses looking to expand globally,” said Olive Tai, Co-Founder and CEO of Synagistics Limited. “As someone originally from Hong Kong, I’m especially proud of ShopHK’s mission, to help businesses of all sizes reach new customers in Southeast Asia.

She added,Hong Kong’s SME sector is known to be incredibly diverse and vibrant. According to various surveys over 60%, or about 200,000 SMEs, in Hong Kong are actively seeking expansion overseas. The launch of ShopHK by Synagie, with the support of HKT, is a major step in supporting these Hong Kong SMEs to thrive in the Southeast Asian marketplace.”

ShopHK aims to onboard at least 500 brands by the end of 2025. To encourage businesses to try the program and experience the benefits of the platform, Synagie is offering an exclusive 30-day free trial from 01 Apr – 15 Apr 2025.

Synagistics first made history in Hong Kong in 2024 as the first successful De-SPAC listing on the Hong Kong Stock Exchange. In 2025, Synagistics launched Geene, an innovative AI platform that integrates Generative AI, Blockchain, and Big Data, establishing the company as a leader in enterprise AI innovation.

ShopHK is also proud to receive support from key organisations including the Hong Kong Science and Technology Parks Corporation (HKSTP), a close ecosystem partner and Hong Kong’s largest Innovation & Technology hub, home to over 2,200 pioneering tech companies.

“This partnership underscores our shared commitment to strengthening Hong Kong’s position as a global innovation gateway,” said Gladys Oon, Director of Partnerships and Account Management at HKSTP. “By aligning HKSTP’s vibrant tech community – especially Green-tech and Health-tech products and services – with ShopHK, we can accelerate cross-border growth for Hong Kong’s most promising tech startups and SMEs.

Rising Demand for Hong Kong Products in Southeast Asia

Discerning consumers across Southeast Asia’s are increasingly drawn to Hong Kong brands. According to a recent Hong Kong Trade Development Council (HKTDC) report, nearly 70% of online shoppers in the region have purchased Hong Kong-sourced products in the past year. Hong Kong brands are particularly popular among younger ASEAN consumers (ages 18-29), who value their affordability (35%), unique blend of Chinese and Western elements (33%), and trendiness (32%).

Ready Support and Early Adoption for ShopHK

The HKSAR Government has also recently announced plans in its 2024 Policy Address, to expand its E-Commerce Easy initiative to cover all ASEAN countries within Southeast Asia. This initiative, part of the BUD Fund, further facilitates SME growth by expanding into the 10-nation ASEAN bloc.

“The potential to reach millions of tech-savvy Southeast Asian consumers is incredible. We’re excited to be among the first local brands to join ShopHK,” said Joseph Tsang, Founder and Managing Director at FSL Group.

Henry Poon, Sales & Marketing Manager at On Kee Dry Seafood Co. Ltd, another early brand adopter of ShopHK, added “As a Hong Kong-based brand with a strong local presence, expanding into Southeast Asian markets has always been a priority for us. ShopHK’s affordable, no-fuss and one-stop platform provides the tools and solutions for us to scale our business rapidly across Southeast Asia.”

Ready to take your Hong Kong Brand Global?

Visit www.synagie.com/shophk today to join ShopHK and start your digital commerce expansion into one of the world’s fastest growth markets.

About Synagistics Limited (HKEX: 2562.HK)

Synagistics is a Singapore-based AI & big data company listed on the Main Board of The Stock Exchange of Hong Kong Limited, recognised for completing the first-ever De-SPAC transaction in Hong Kong. With Alibaba, Gobi Partners and HKT as its key strategic shareholders, Synagistics benefits from strong industry backing, enabling it to drive innovation and expand its influence in Asia’s rapidly evolving digital ecosystem. Synagistics is recognised as one of the top digital solutions provider in Southeast Asia and has provided its data-driven digital commerce platform Synagie to over 600 enterprises and renowned brands in the Southeast Asian market. With the launch of Geene in early March 2025, Synagistics has firmly established itself as a frontrunner in the rapidly evolving field of artificial intelligence, solidifying its position as a key leader in the global Al ecosystem and accelerating enterprise Al adoption and innovation. The Company continues to expand its footprint across multiple markets including the Greater China region while championing digital and artificial intelligence transformation.