HONG KONG SAR – Media OutReach – 8 April 2022– Arup, a leading global built environment consultant, and Venturous Group, China’s first Citytech™ Group, have jointly launched Neuron Digital Group (“Neuron”) in a quest to make buildings smarter. Neuron will leverage the power of data and technology to decarbonise building assets and facilitate the transformation towards digital property management.
Buildings are one of the least digitalised sectors in the world. They use 30% of the world’s energy and contribute 28% of global carbon dioxide emissions, according to the International Energy Agency. With the unique domain knowledge and competencies of Arup and Venturous Group, Neuron is in the best position to develop a powerful technology platform for smart and sustainable buildings.
Originally incubated by Arup, utilising its world-leading domain knowledge in the built environment, Neuron embraces data technology to serve modern-day buildings, including energy management, tenant wellness and satisfaction, automation and indoor air quality. It will also help reduce maintenance costs and equipment downtime, and optimise asset management. The Neuron solutions have been implemented in different projects in Asia, resulting in a significant improvement in building energy and operation efficiency. With Venturous Group’s capital, strategy and technology capabilities, Neuron will further develop into a cloud-based integrated technology platform with Digital Twin, AI and big data capabilities that will meet the needs of building owners, operators and users.
Dr. Andy Lee, Co-Chairman of Neuron and East Asia Chief Operating Officer of Arup, said: “Neuron is a powerful demonstration of our commitment to a sustainable future. It offers a systematic approach to decarbonising the built environment by unlocking the potential of data and technology. With this joint venture, we aim to scale up the accessibility and usability of Neuron via cloud platforms, facilitating the industry to accelerate the journey to net zero.”
Mr. Benson Tam, Co-Chairman of Neuron and Founder & Chairman of Venturous Group, said: “Neuron is proudly a ‘child of Hong Kong’. We are so excited to launch it here. Neuron is an infrastructure key to Smart Cities, which is at the core of our firm’s mission. At Venturous Group we not only invest, but also build and operate Citytech. Neuron is a perfect example of what we can achieve together with best-in-class, long-term strategic partners such as Arup.”
Headquartered in Hong Kong, Neuron is already serving several prominent clients in the local market. With a global reach, Neuron has won numerous domestic as well as international innovation and environmental awards to date. Neuron will continue to work in close collaboration with Arup to broaden its service offerings for the built environment, both in breadth and depth. The company also has plans to expand from its research and development base in Hong Kong and establish operating hubs in mainland China and other key leading Smart Cities in the region.
On a final note, Mr. Thomas Pang, the acting CEO of Neuron, added: “At Neuron, we are thrilled by the launch and optimistic about our future. Apart from the support from Arup and Venturous Group, we are encouraged by the enthusiasm shown by our clients and business partners.”
About Neuron Digital Group
Neuron Digital Group is a technology company that focuses on the development and application of the best available technologies for the built environment with an emphasis on efficiency, sustainability and ESG principles. The Neuron platform is the future technology infrastructure that makes buildings smart by using a powerful digital brain and an open platform for integration.
Dedicated to sustainable development, Arup is a collective of 16,000 designers, advisors and experts working across 140 countries. Founded to be both humane and excellent, we collaborate with our clients and partners using imagination, technology and rigour to shape a better world.
Venturous Group is China’s first Citytech™ Group. Powering Smart City economies, it is an investor, business builder and operator of Smart Citytech infrastructure companies. Creating value by transforming the future of city living, Venturous leverages the latest deep Citytech, strategic partnerships and digital transformation to make cities more liveable, sustainable and productive, in China and beyond.
By reducing inventory risk, Peeba helps independent retailers expand quickly and confidently
HONG KONG SAR – Media OutReach – 7 April 2022 –Peeba, the online B2B wholesale platform, has secured US$4.2 million in seed funding to help Asian retailers thrive amid pandemic-induced pressure. The funding round was led by Headline Ventures. Hong Kong-based Peeba will use the funds to deepen its localization efforts across 11 APAC countries, as well as to further build out the machine learning technologies underlying its platform.
Digitizing Asia‘s Antiquated B2B Wholesale Market
Asia’s antiquated B2B retail wholesale market was heavily impacted by pandemic lockdowns. Currently, most independent Asian retailers rely on trade shows and in-person sales visits to source new brands and products. This approach is slow and arduous, involving significant legwork even without the added complication of COVID-19 interrupting in-person meetings.
In response, Peeba has created its B2B wholesale online platform to connect unique brands from around the world – including Asia – with independent retailers across APAC. The company has already onboarded 25,000 retail users (10x growth in the last year), and 1,500 unique brands (3x growth in the last year), with over 100,000 products currently listed on the platform.
With the closing of its seed funding round, Peeba’s next steps are to use the funds to deepen localization. The company is expanding its local offices and ramping up hiring to improve local language support across 11 APAC countries and regions, including Taiwan, Singapore, and Malaysia. In addition, Peeba is continuing to improve the platform’s underlying tech, which includes automated credit checks and credit risk analysis, and its machine learning-driven recommendations engine.
“Our mission is to transform how independent retailers discover and connect with unique brands, and bring Asia’s B2B wholesale retail supply chain into the modern era in the process. Peeba’s major value-add is how we reduce inventory risk for retailers, through our 60-day returns policy and “sell first, pay later” model. That allows retailers to quickly adjust to post-pandemic realities with greater confidence,” said Jacky Lai, CEO of Peeba.
Asia‘s Noticeable Lack of B2B Wholesale Tech Infrastructure
As Asia’s retailers were forced online amid pandemic-related lockdowns, it became obvious the region had insufficient tech infrastructure to streamline new brand discovery. This near total lack of B2B-focused online wholesale solutions resulted in a highly manual process, meaning inefficiency and risks hamper business growth, innovation, and new channel and/or market entries, even despite the pandemic. In addition, there’s the sheer complexity of the fragmented Asian market. There are high barriers to entry and expansion for brands seeking growth in APAC, due to the wide range of languages, currencies, regulatory environments, and business practices across the region.
Peeba has set out to solve all these issues. The platform significantly reduces inventory risk for Asian retailers, who can return unsold goods within 60 days, no questions asked, encouraging them to test and adapt their product offerings with peace of mind. Peeba also offers favorable payment terms to retailers based on an automated in-house credit assessment, meaning retailers can “sell first, pay later.” By bringing the wholesale process onto one platform, Peeba is leveling the playing field for Asia’s SME/SMB retailers, who individually have low bargaining power to gain access to unique brands. And the platform also lowers barriers to entry and expansion for unique brands seeking growth in Asia, by providing a single platform through which to attract and manage new channels, clients, and orders.
“We digitize new brand discovery, automate the negotiation and client management process, and streamline logistics and shipping by pooling orders. All this contributes to improving operational efficiency and lowering costs for all parties. Retailers love the smooth discovery to ordering process, and higher margins they get by sourcing products through Peeba,” said Kevin Cho, Co-founder of Peeba.
“Peeba is bringing about the next stage of global retail innovation. The platform brings both emerging and traditional brands to the world of local retail in Asia. We are excited to become Peeba’s partner to help expand their reach into more markets in Asia,” said Akio Tanaka, partner & co-founder at Headline VC.
About Peeba
Founded in 2020, Peeba is a fast-growing online B2B wholesale marketplace that provides independent retailers across Asia access to a curated catalog of unique brands, reduced inventory risk, higher operational efficiency, and lower costs. With the vision to help companies “Buy Smart, Sell More,” Peeba is set to transform the way Asia’s retailers discover and connect with unique brands, with cutting-edge machine learning technology and innovative supply chain management systems.
The issuer is solely responsible for the content of this announcement.
Customers can receive up to HK$600 Shopping and Dining e-Coupons upon spending of designated amount every week
HONG KONG SAR – Media OutReach – 7 April 2022 –Hang Lung Properties Limited (stock code: 00101) (“the company” or “Hang Lung”) has always adhered to its spirit of customer-centricity. To provide customers with more thoughtful and more convenient shopping experiences, Hang Lung launched the “hello Hang Lung Malls Rewards Program” in March last year, bringing customers the latest offers and promotional information for more than 600 merchants under Hang Lung’s malls in a single platform, with points gained able to be used across its shopping malls. On the first anniversary of the “hello Hang Lung Malls Reward Program”, and coinciding with the government’s launch of the Consumption Voucher Scheme, Hang Lung is launching the “hello Anniversary Reward” from today, giving a boost to the retail market. Customers who accumulate spends of every HK$1,500 within a week in the malls of Hang Lung will receive a HK$100 Shopping e-Coupon and two HK$50 Dining e-Coupons. During the promotional period, newly registered hello members who complete the time-limited mission can receive up to HK$50 of designated Merchant e-Coupons.
Bringing vitality to the retail market and stimulating consumption
Since the beginning of this year, Hong Kong has been hit hard by the fifth wave of COVID-19. The retail industry not only missed out on the golden period of Lunar New Year, but business was also affected in the months following.
Ms. Helen Lau, Deputy Director (Head of Hong Kong Business Operation) of Hang Lung Properties, said, “The fifth wave of COVID-19 led to a negative impact on the overall consumption intention of the retail market. Concurrent to the first anniversary of the ‘hello Hang Lung Malls Rewards Program’, the government is also issuing a new round of Consumption Voucher Scheme, so Hang Lung is launching a cross-mall promotion – ‘hello Anniversary Reward’ – to bring synergies and create more business opportunities for its shopping malls in Hong Kong and Kowloon. We hope the promotion can stimulate local consumption intention, bringing vitality to the retail market, and leading the industry out of its current challenging predicament.”
Last year, the government launched the Consumption Voucher Scheme and advocated the development of electronic payment in Hong Kong. At the same time, “hello Hang Lung Malls Reward Program” benefited from the scheme. Helencontinued, “we expect that the ‘hello Anniversary Reward’ campaign and the new round of the Consumption Voucher Scheme can bring about approximately 10% of the membership base of the Program; therefore, we can provide a more considerate and convenient shopping experience as well as further privileges to a wider group of customers.”
Customers’ accumulative spending upon designated amount every week can earn Shopping and Dining e-Coupons
Under the “hello Anniversary Reward” campaign, customers need only to register as a member of “hello Hang Lung Malls Rewards Program”, and achieve accumulative electronic spending of every HK$1,500 each week from April 1 to May 15 at Fashion Walk, Peak Galleria, Grand Plaza, Hollywood Plaza, Gala Place, Amoy Plaza, Kornhill Plaza, and Central properties (1 Duddell Street, Baskerville House, Printing House and Standard Chartered Bank Building). Customers will receive a HK$100 Shopping e-Coupon and two HK$50 Dining e-Coupons through Hang Lung Malls App, and each member can redeem a maximum of three Shopping e-Coupons and six Dining e-Coupons per week. In addition, Hang Lung also launches its “Welcome Offer for hello New Members”. Customers who register as a member of “hello Hang Lung Malls Rewards Program” and complete the time-limited mission during the promotion period can receive a designated Merchant e-Coupon of up to HK$50 (for more details please refer to the below table).
A raft of thoughtful and rewarding surprises for hello members
Starting from April 1, 2022, Hang Lung presents a selection of surprise rewards, and members can redeem with fewer hello points via the Hang Lung Malls App. Considering that many people are currently working from home, Hang Lung has selected a series of household appliances, consumer products and exciting experiences for customers to redeem, providing a welcome change to the usual work-from-home routine! Gifts include Apple HomePod Mini Wireless Speaker (space gray), Nespresso D40-SG-BK-NE4 Coffee Machine (black), Yohome RG-W40 Tea Thinking Retro Instant Hot Water Dispenser (white), Mi BHR5058EN Smart Air Purifier 4 Pro (white), Sony SRS-XB13 EXTRA BASS Portable Wireless Speaker (black), Nintendo Switch Joy-Con Set (L+R) Neon Green/Neon Pink Game Controllers, Francfranc Stainless Pot & Server (white) and Francfranc Go Table Pot & Pan 5 Piece (pink).
In addition, hello members can also redeem weekly limited gifts, including HK$1,000 Broadway Gift Card, HK$1,000 Decathlon Gift Card (members can redeem through the Hang Lung Malls App), hotel accommodation package for two, plus Apple Watch and Japanese Omakase Set for Two at ODDS. Gifts are in limited offer, so customers should stay connected to the Hang Lung Malls App for the latest information.
“hello Anniversary Reward”
Promotion period:
April 1 to May 15, 2022
Applicable malls:
Fashion Walk, Peak Galleria, Grand Plaza, Hollywood Plaza, Gala Place, Amoy Plaza, Kornhill Plaza, and Central properties (1 Duddell Street, Baskerville House, Printing House and Standard Chartered Bank Building)
Promotion details:
Customers who achieve accumulative e-spending of every HK$1,500 every week can receive:
a HK$100 Shopping e-Coupon
two HK$50 Dining e-Coupons
Notes: Each member can redeem a maximum of three Shopping e-Coupons AND six Dining e-Coupons per week (Please refer to the attachment for the redemption method and terms and conditions).
“Welcome Offer for hello New Member”
Promotion period:
April 1 to May 15, 2022
Applicable malls:
Fashion Walk, Peak Galleria, Grand Plaza, Hollywood Plaza, Gala Place, Amoy Plaza, Kornhill Plaza, and Central properties (1 Duddell Street, Baskerville House, Printing House and Standard Chartered Bank Building)
Promotion details:
Customers who register as a member of “hello Hang Lung Malls Reward Program” and complete the mission can receive:
Up to HK$50 designated Merchant e-Coupon
Welcome offer: To receive HK$25 Merchant e-Coupon after first successful receipt registration.
1. Mission: Get an extra HK$25 Merchant e-Coupon after uploading 3 receipts spending in different dates from merchants in 60 days.
Point Rewards
Starting from April 1, 2022, Hang Lung presents a curation of surprise rewards which members can redeem with fewer hello points via Hang Lung Malls App. Considering that so many people are currently working from home, Hang Lung has selected a collection of household appliances and daily products for customers’ redemption. Featured promotional items include HK$1,000 Broadway Gift Card, Apple Watch, Apple HomePod Mini Wireless Speaker (space gray), Nespresso D40-SG-BK-NE4 Coffee Machine (black) etc.
Fashion Walk, Peak Galleria, Grand Plaza, Hollywood Plaza, Gala Place, Amoy Plaza and Kornhill Plaza and Central properties (1 Duddell Street, Baskerville House, Printing House and Standard Chartered Bank Building)
Promotion details:
Starting from April 1 to May 15, 2022, customers who achieve accumulative e-spending of every HK$1,500 every week can receive a HK$100 Shopping e-Coupon and two HK$50 Dining e-Coupons through Hang Lung Malls App, and each member can redeem a maximum of three Shopping e-Coupons and six Dining e-Coupons per week.
Starting from April 1 to May 15, 2022, customers who register as a member of “hello Hang Lung Malls Reward Program” and complete the time-limited mission can receive a designated Merchant e-Coupon of up to HK$50.
Remarks:
1. Each customer has to download Hang Lung Malls App from https://www.hanglungmalls.com/download/7 and register as a hello member for the Hang Lung Malls Rewards Program before enjoying the shopping privilege. 2. hello members must spend through designated electric payment methods and upload receipts through Hang Lung Malls App to receive the rewards; accumulation of same week machine-printed receipts of electronic payments applies. Minimum spending is required for using a HK$50 Dining e-Coupon. Each HK$50 Dining e-Coupon can be used upon spending HK$150 or more at a Dining e-Coupon Participating Merchant for a single transaction and a maximum of ten (10) HK$50 Dining e-Coupons can be used for each such single transaction (i.e. the transaction amount must be at least HK1,500). Minimum spending is required for using a HK$100 Shopping e-Coupon. Each HK$100 Shopping e-Coupon can be used upon spending HK$300 or more at a Shopping e-Coupon Participating Merchant for a single transaction and a maximum of ten (10) HK$100 Shopping e-Coupons can be used for each such single transaction (i.e. the transaction amount must be at least HK3,000).Shopping e-Coupons or Dining e-Coupons cannot be used in conjunction with other e-coupons issued by Hang Lung, except Hang Lung e-Shopping Coupon. 3. Weekly quotas apply to Shopping e-Coupon and Dining e-Coupon; available on a first-come-first-served basis, while stocks last. 4. Terms and conditions apply.
1. Each customer has to download Hang Lung Malls App from https://www.hanglungmalls.com/download/7 and register as a hello member for the Hang Lung Malls Rewards Program before enjoying the shopping privilege.
2. Each customer shall only be entitled to receive Merchant e-Coupon once during the event period.
3. Available on a first-come-first-served basis, while stocks last.
4. Terms and conditions apply.
About Hang Lung Properties
Hang Lung Properties Limited (stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.
hello Hang Lung Malls Rewards Programme, along with the Hang Lung Malls App, will bring you the latest promotions and event information of over 600 merchants within our malls, including Fashion Walk, Peak Galleria, Grand Plaza, Hollywood Plaza, Gala Place, Kornhill Plaza, Amoy Plaza and Central Properties (including 1 Duddell Street, Printing House, Baskerville House and Standard Chartered Bank Building). Members can earn 1 hello point for every HK$1 spent and redeem exclusive privileges and extraordinary experiences available at our malls. Discover a world of excitement on one platform – brought to you by Hang Lung malls.
MRC Secretariat Chief calls for urgent action in first Mekong Day address.
Mekong River Commission Secretariat CEO Dr. Anoulak Kittikhoun sounded the alarm about the unprecedented challenge now facing the river on “Mekong Day.”
Expected boost of retail spending with Consumption Voucher Scheme roll-out
HONG KONG SAR – Media OutReach – 7 April 2022– The fifth wave of the pandemic outbreak stalled the recovery of leasing activities and dragged the rental downwards in the Hong Kong office and retail markets since the second half of Q1 2022. Despite this, the overall Grade A office rental level dropped by less than 1% q-o-q. With the pandemic situation starts winding down, and with new development projects due to complete, we expect the office leasing market to regain its momentum in the second half of the year. For the retail market, local retail sales in the first two months of 2022 dropped to a record low since the beginning of the outbreak, subsequently pulling down rents in the major retail districts by 3% q-o-q. However, with social distancing measures set to be eased in phases, combined with the beneficial knock-on effects of the Consumption Voucher Scheme, retail leasing activity is expected to recover after Q2 2022.
Office Market – Slight rental decline, net absorption recorded positive for three consecutive quarters
Office market rents demonstrated overall stable performance in January 2022. With the pandemic situation becoming more severe in February, leasing activities substantially slowed down, with overall rents dropped by 0.9% q-o-q and 3.1% y-o-y. In submarket terms, Hong Kong East and Hong Kong South showed notable drops in rental levels, falling by 2.2% and 1.5% q-o-q respectively (Chart 1). Nonetheless, the pandemic is expected to come under control, with social distancing measures set to be eased progressively. Given that office rental levels have now dropped with an accumulated plunge of circa 27% from the peak of 2019, we expect there is little room for further steep falls. We now anticipate a downward adjustment of 50 to 100 bps in Q2 2022, followed by a gradual recovery of leasing activities in 2H 2022 with subsequent stabilization in rental levels.
In terms of absorption, a number of leasing transactions were recorded in the first half of Q1. Yet, the subsequent tightening of anti-pandemic measures suspended site inspection activities by landlords and tenants, resulting in fewer transactions. Overall, the city recorded positive net absorption over three consecutive quarters as of Q1, amounting to 245,100 sf (Chart 2). The banking & finance sector (34.7%) accounted for the lion’s share of new transactions in Q1, followed by consumer products & manufacturing at 12.8% of the total. The government and transportation & logistics sectors were more active than before (Chart 3). With a new project in the pipeline in Q1, overall availability was maintained at 13.6%.
John Siu, Managing Director and Head of Project & Occupier Services, Hong Kong, Cushman & Wakefield stated, “We estimate a total net absorption of 300,000 to 500,000 sf in 2022, with the banking & finance sector leading demand for office space, while the professional services and logistics sectors will also remain active. From the supply perspective, three flagship projects in non-core areas are due to complete in 2H 2022, bringing 2.3 million sf of new floor area to the market. We believe these new completions will help fuel office expansion and relocation, although the influx of space will inevitably ramp up the overall availability rate to around 16% to 17%.”
Retail Market – Supermarkets; Medicine & Cosmetics sectors show positive growth
As the city braces for the fifth wave of the pandemic, it prompted widespread curtailment of consumption and resulted in an inactive retail market. In January and February 2022, total local retail sales fell by 4.9% y-o-y, with jewellery & watches (13.1%) and fashion & accessories (15.5%) dropping the most. On the other hand, supermarkets and the medicine & cosmetics sectors were beneficiaries, with retail sales growing by 8.2% and 5.0% respectively (Chart 4). The unfavorable factors have led to downward adjustments of retail rents in multiple districts, with drops ranging from 2.7% to 4.5%. As the pandemic situation gradually comes under control and social distancing measures expected to be progressively relaxed, we now anticipate little room for further overall rent reductions, and the market is expected to gradually recover from Q3 2022 onwards.
The F&B sector has suffered most severely from the fifth wave of the pandemic, subsequently seeing rental level falls of around 3% in multiple districts (Chart 5). However, with the gradual stabilization of the pandemic situation, combined with the expected relaxation of dining restrictions and a new round of the Consumption Voucher Scheme, we believe the F&B sector will be on the way to steady recovery.
Kevin Lam, Executive Director and Head of Retail Services, Agency and Management, Hong Kong, Cushman & Wakefield, highlighted, “Retail vacancy rates in key districts have been impacted by the pandemic to different extents. Mongkok and Tsimshatsui have suffered the most, with vacancy rates at 16.4% and 14.3% respectively. Responses from landlords can be broadly classified into three approaches. The first group prefers to leave the space idle, pending quality long-term tenants; the second tends to take a lease term of two to three years from large reputable brands; while the third group will lease the space to short-term tenants, such as those selling face masks and anti-epidemic products. In fact, short-term leases are better received by tenants, and so some landlords are willing to follow such market trends and accommodate lease terms accordingly.”
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Left: Kevin Lam, Executive Director and Head of Retail Services, Agency and Management, Hong Kong, Cushman & Wakefield Right: John Siu, Managing Director and Head of Project & Occupier Services, Hong Kong, Cushman & Wakefield
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. Across Greater China, 22 offices are servicing the local market. The company won four of the top awards in the Euromoney Survey 2017, 2018 and 2020 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2021, the firm had revenue of $9.4 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).
The issuer is solely responsible for the content of this announcement.
Former Senior Leader of McKinsey and Co. and IQVIA brings business acumen to drive Appier’s next phase of growth and innovation
TAIPEI, TAIWAN – Media OutReach – 7 April 2022 –Appier, a leading artificial intelligence (AI) software-as-a-service (SaaS) company, announces today the appointment of Dr. Che-hsu “Joe” Chang as its Chief Strategy Officer. Dr. Chang, a business veteran with more than 12 years of experience across business strategy, product management and management consulting, will help drive the company’s growth, strengthen its strategic deployment in the AI market, and accelerate its strong momentum in new market expansion and vigorous market-driven product innovation.
Appier Appoints Dr. Che-hsu Chang as Chief Strategy Officer
In this capacity, Dr. Chang will lead Appier’s mergers and acquisitions (M&A), partnership and corporate strategy, as well as oversee Appier’s overall business health and growth opportunities globally. He is based in New York and New Jersey, US, and will be partnering with Appier’s senior leaders across business units and regions, strategizing for global opportunities that can propel Appier’s growth, especially in new markets.
“I am delighted to welcome Dr. Joe Chang to Appier. Joe’s multifaceted experience in corporate strategy makes him the best fit to lead Appier’s growth strategy and accelerate our success,” said Dr. Chih-han Yu, CEO and Co-founder of Appier. “With Joe on our team, I believe we will be able to explore more business possibilities to help us stay competitive and enhance our overall capacity for rapid growth in 2022 and beyond.”
“Appier is a rapidly growing AI SaaS company with a strong focus on customer-centric marketing solutions. I’m thrilled to be part of Appier and look forward to working with world-class talents to drive business and organizational growth as well as efficiency,” said Dr. Chang. “I am eager to bring my experiences in industries, businesses and technologies to the new role to build upon Appier’s success and sustain long-term growth.”
Dr. Chang was most recently the Senior Principal of Real World Technology Solutions Strategy at IQVIA. During his tenure he led corporate strategy, co-led M&A and partnership initiatives, as well as drove innovation in product development and commercialization of artificial intelligence/machine learning-based products and services.
Dr. Chang began his career at McKinsey and Co. in the US, where he co-led and grew the company’s healthcare and business technology practices as an Associate Partner. He also led research operations and product development at Flatiron Health, a startup acquired by Roche in 2018. Dr. Chang’s expertise is focused on the intersections between business strategy, technology and analytics.
Dr. Chang holds a Doctor of Science degree in Public Health from Harvard University and a Master of Science and Bachelor of Science degrees from National Taiwan University.
Appier (TSE: 4180) is a software-as-a-service (SaaS) company that uses artificial intelligence (AI) to power business decision-making. Founded in 2012 with a vision of democratizing AI, Appier now has 17 offices across APAC, Europe and U.S., and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information and visit ir.appier.com/en/ for more IR information.
#Appier
The issuer is solely responsible for the content of this announcement.