LOS ANGELES, Feb. 12, 2025 /PRNewswire/ — In an era where career shifts and lifestyle changes are increasingly common, furnishing a home is no longer a one-time endeavor. According to the U.S. Department of Labor, the average person will change careers 5-7 times during their working life, with approximately 30% of the workforce changing jobs annually. This dynamic lifestyle demands furniture that adapts to evolving needs—affordable, stylish, and designed for flexibility. This is the problem that LuxenHome would like to solve.

Affordability

For decades, this specific furniture market has been dominated by brands offering functional but generic solutions. While affordability has been a priority, many consumers now seek options that balance cost with character and contemporary appeal. LuxenHome addresses this gap by leveraging the direct-to-consumer (DTC) model, eliminating middlemen, showroom costs, and excessive overhead. This streamlined approach allows the brand to deliver high-quality furniture and décor at accessible prices.

LuxenHome aims to provide customers with versatile, trend-forward designs that deliver enduring value.

Made for Compact Living Space

Modern living often means maximizing space without compromising style. Research shows that homes in urban and suburban areas average under 1,500 square feet, requiring furniture that prioritizes functionality and adaptability. LuxenHome’s collections are designed to enhance compact spaces—think modular storage units, space-saving seating, and décor accents like mirrors and decorative objects that add depth and personality. Every piece is crafted to ensure seamless integration into smaller layouts, offering practicality without sacrificing aesthetic appeal.

LuxenHome carries the mentality to not only save space, but also utilize and create space for your living and everyday storage in their design, sourcing, and product curation process.

Up-to-Trend

Interior design trends move as swiftly as the runway—one season it’s all about rustic farmhouse charm, and the next, sleek minimalism takes center stage. Only online brands like LuxenHome have the capability to follow the constantly shifting trends. Being an online seller means the brand essentially lives in the digital world, enabling it to capture every shift in trends much earlier than conventional furniture sellers.

Not only that, online brands are inherently agile, operating with streamlined structures that allow them to adapt quickly to changes in market demand and consumer preferences. This flexibility makes it possible to test new designs and bring them to customers faster than traditional furniture retailers. The chain of operation and reaction is just so much shorter. Many beautiful designs can even be shown to customers before they are produced and distributed to traditional furniture showrooms.

Assembly. It’s All About Experience.

One key hesitation people have about online furniture shopping is the assembly process. LuxenHome has tackled this challenge head-on by ensuring that its products are not only easy to assemble but also designed to optimize the overall experience.

Each piece starts with a well-sorted assembly process, including clearly labeled components and minimal required tools. The carefully crafted assembly instructions are straightforward, with diagrams and steps that ensure even first-time customers can follow along with ease. Beyond this, LuxenHome offers always-on customer service to provide assistance whenever needed. Whether you have a question about a step or encounter a challenge, support is just a call or a click away.

Details Matter

Beyond their dedication to crafting furniture that reflects an individual’s character, LuxenHome is deeply convinced that the smallest details can make the boldest statements. This belief has led to an abundance of decorative items for customers to choose from, allowing them to fill gaps and shelves while complementing their unique vibes. Their decorative collection includes, but is not limited to, planters and pots made from durable materials designed to withstand outdoor elements, vases and vessels that blend modern or antique essences into any interior, and even fountains and birdbaths that bring soothing water sounds to get you into Zen.

About LuxenHome

Owned by Winsome House Inc.—a trusted supplier for major e-tailers since 2017—LuxenHome combines affordability, modern design, and ease of assembly to meet the needs of today’s lifestyles. By embracing the DTC model, the brand delivers furniture and décor that adapts to compact living spaces and ever-changing trends.

Explore the full collection at http://www.luxenhome.com.

• Champion of the HERO ESPORTS Asian Champions League Honor of Kings tournament will secure a spot at the Esports World Cup
• The Tournament is set to take place from May 5 to May 18 2025

SHANGHAI, Feb. 12, 2025 /PRNewswire/ — The HERO ESPORTS Asian Champions League (ACL), Asia’s premier multi-title esports tournament hosted by Asia’s leading Esports company Hero Esports, has unveiled comprehensive details about the Honor of Kings tournament. This includes information on tournament format, schedule, prize pool, and available entry slots for the prestigious Esports World Cup.

The confirmed collaboration between the King Pro League (KPL), the most prestigious Honor of Kings league in China, ACL and the Esports World Cup marks a significant milestone in the Esports realm. The champion of the KPL Spring 2025 will secure a direct qualification at the Esports World Cup 2025, while the runner-up will earn a spot at the ACL Honor of Kings 2025 Finals.

The champion of ACL Honor of Kings will also gain direct entry to the Esports World Cup 2025, representing Asia’s top esports talents on the global stage and competing against top players from around the world.

ACL Honor of Kings will kick off on May 5, with the finals set for May 18, featuring a total of 12 competing teams. The prize pool amounts to $200,000, taking up one-tenth of the ACL total prize pool of $2 million.

The event will be divided into three stages: the Qualifiers, the Knockout stage and the Finals, all to be hosted in Shanghai.

According to the rankings of the regular season of KPL Spring 2025, teams ranked A5 and A6 along with all teams from Group B will compete in the qualifiers on May 5, 6 and 13, with only one team advancing. The format of the first round, second round and the last round will feature best-of-three (BO3) single elimination, best-of-five (BO5) single elimination and best-of-seven (BO7) respectively.

In the Knockout stage from May 14 to 16, the advancing team from the Qualifiers will face off the teams ranked from the 3rd to 5th in the playoff of KPL Spring 2025 (In the event of a tie, the team with the higher ranking in the stage 3 of the KPL Spring 2025 will secure the qualification). The four teams will compete in the format of best-of-seven (BO7) single elimination.

Ultimately, one team will reach the finals and compete for the championship of ACL Honor of Kings against the KPL Spring 2025 runner-up. The Final will also follow a best-of-seven (BO7) format.

As a long-time partner of Honor of Kings, Hero Esports consistently leverages its extensive industry experience to deliver outstanding esports events. This time, the inclusion of 12 top KPL teams adds excitement, elevating the competition to new heights.

ACL has already revealed six exciting game titles, including Dota 2, Counter-Strike 2, Honor of Kings, Teamfight Tactics, Delta Force, and Crossfire, with more popular titles expected to be announced soon.

About Hero Esports

Founded in 2016, Hero Esports is the biggest esports company in Asia, producing more than 7,000 matches every year that captivate an online fan base of over 800 million. With a global presence encompassing 12 office locations and eight top-tier esports arenas, Hero Esports offers a comprehensive suite of esports services, including tournament organization, marketing solutions, community development, and more. As a private company, Hero Esports counts Savvy Games Group and Tencent, among others, as investors, with Kuaishou and Huya as strategic partners.

Headquartered in Shanghai and employing more than 1,100 employees, Hero Esports is a fully integrated operator of esports tournaments and creator of esports content with global reach. The company has helped produce many prestigious tournaments including the Olympic Esports Week, the Esports World Cup as well as the esports series featured at both the Jakarta Asian Games 2018 and the Hangzhou Asian Games 2023. Hero Esports also worked with the world’s top-tier game publishers such as Tencent and Krafton in organizing popular esports leagues such as the Honor of Kings’ KPL series and PUBG’s PGC series, among many others. In 2024, Hero Esports launched Esports Asian Champions League (ACL), Asia’s premier international, multi-title esports tournament. Hero Esports is a member of the Esports Integrity Commission (ESIC).

SHENZHEN, China, Feb. 12, 2025 /PRNewswire/ — CHINASHOP, Asia’s premier retail industry exhibition, will host its 25th edition at the Shenzhen World Exhibition & Convention Center from May 9-11, spanning a record-breaking 120,000 sqm.

Marking its 25th anniversary, the event will showcase China’s retail innovations ——from technologies, infrastructure, to commercial design, supply chain solutions, merchandising strategies, logistics, loss prevention, and asset protection solutions, alongside concurrent forums including the Consumer Goods Channel Selection Conference, Consumer Goods Channel Marketing Innovation Summit, China Supermarket Conference, and the debut of the All-Retail AI Spark Conference. The flagship CHINASHOP Golden Wings Awards will also spotlight industry excellence.

Why Shenzhen?

As China’s technology and manufacturing powerhouse, Shenzhen offers unparalleled insights into AI applications and smart supply chains. Its strategic proximity to Hong Kong, Macau, Taiwan, and Southeast Asia positions, the city as an ideal hub for global retail collaboration. CHINASHOP 2025 will emphasize AI integration, digital retail transformation, and supply chain optimization, aligning with Shenzhen’s role as a leader in tech-driven industry advancements.

Expanded Focus for 2025

• Product Innovation Hub: A 20,000-sqm dedicated pavilion will showcase trending goods—from private-label products and health-focused items to regional specialties and coffee—catering to China’s booming discount stores, membership clubs, and convenience chains.
• AI-Driven Retail: An AI Zone will debut live demonstrations of AI-powered tools, while the All-Retail AI Spark conference convenes 100+ tech leaders to share AI implementation strategies.

CHINASHOP 2025 expects over 900 exhibitors, 200+ industry experts, and 70,000+ attendees worldwide. Join us in Shenzhen from May 9-11 to explore the future of retail and source tomorrow’s best-selling products. CHINASHOP 2025 will redefine retail innovation.

KUALA LUMPUR, Malaysia, Feb. 10, 2025 /PRNewswire/ — 2025 China – ASEAN Innovation and Entrepreneurship Competition is now calling for applications.

Please find more information below.

CAIEC is an innovation platform and mechanism that welcomes innovators and entrepreneurs from China and ASEAN universities, institutes, start-ups and other social organizations. Based on the existing projects, the best projects will be selected and awarded according to the unified scoring criteria. Thus continuous efforts will be made to promote China-ASEAN innovation and entrepreneurship and foster a closer STI China-ASEAN community with a shared future. In collaboration with the ASEAN Secretariat, TusStar Malaysia and the Ministry of Science and Technology of the People’s Republic of China will host the 3rd China-ASEAN Innovation and Entrepreneurship Competition.

Theme: Innovation Cooperation for a Shared Dream

Enterprises and teams that meet the participating requirements can log on to the official website of the Competition (www.caiec.cattc.org.cn) to download the registration form and commitment letter. The completed registration form, commitment letter, and all relevant registration documents should be sent to the email: caiec2022@vip.163.com. 

The email subject should be “CAIEC Registration-Project Name-Contact Person”.

The registration should be submitted via email only. No registration fee is charged for the Competition.

Registration Period: December 31st, 2024 to March 1st, 2025.

Deadline for submission: March 1st, 2025

Participating Groups and Requirements

The Competition is open to universities, research institutes, enterprises, and other social organizations from China and ASEAN Member States. The participants are divided into Enterprise Group and Team Group.

1. Enterprise Group

• Legally registered in China or ASEAN Member States. The intellectual property rights of participating projects shall be dispute-free.Registered and established after January 1st, 2019 (inclusive).
• The registered capital does not exceed USD 4.5 million.The operating income of the enterprise in 2023 does not exceed USD 30 million.
• Non-listed enterprises that comply with local rules and have an excellent social reputation without bad records (enterprises listed on the NEEQ or the Regional Equities Exchange and Quotations are allowed to participate in the Competition).

2. Team Group

• Teams with technological innovation achievements and entrepreneurial plans that have not been registered as enterprises currently, such as entrepreneurs, excellent start-ups in the field of S&T, start-up groups from universities, etc.
• The products, technologies, and related intellectual property shall belong to the core members and be free from property rights disputes.

Field

The Competition is registered and competed in the field of green and low-carbon technologies, including but not limited to: energy conservation and environmental protection, new energy, new energy vehicles, new materials, carbon neutrality technologies and circular economy, etc.

Participation Requirements

a. All participating groups will be divided into Enterprise Group and Team Group. Each participating group should consist of at least three core members (including three), no more than 6 members in principle. Joint groups consisting of members from China, ASEAN  Member States and other countries are strongly encouraged. Among the core members, the proportion of Chinese or ASEAN team members should be no less than 50%.

b. Participants must strictly abide by the laws and regulations of the People’s Republic of China and AMS and follow both sides’ public order and good customs. (The Association of Southeast Asian Nations includes 10 countries, including Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam)

c. Projects that have won awards in previous China-ASEAN Innovation and Entrepreneurship Competitions are not eligible to participate in this Competition.

Language

The official language of the Competition is English. All registration documents, including the registration form, commitment letter, business plans, and presentation materials (like Pitch Deck) must be submitted in English. The presentation and Q&A of the Final will also be conducted in English.

Competition Sessions

The Competition consists of three sessions: Registration and Eligibility Check, Initial Selection and the Final, with evaluations conducted separately for the Enterprise Group and Team Group.

The more detailed information is available here: www.caiec.cattc.org.cn

SINGAPORE, Feb. 12, 2025 /PRNewswire/ — The increase in 2025 is expected to be across various types of financings including social trade loans, securitizations, co-financing partnerships with development agencies, term loans and revolving working capital facilities, as well as IPOs.

“The pipeline is across markets, products, and different sectors. We are also seeing increasing investor demand for access to invest in social finance, and it is increasingly becoming a key asset class,” said Jorge Rubio Nava, Global Head of Social Finance at Citi.

In 2024, Citi led social finance transactions raised over US$2 billion across Asia. These included areas across microfinance, food security and sustainable agriculture systems, healthcare, education, infrastructure and digital connectivity, and affordable housing for underserved and low-income communities.

• In 2024, Citi led 76 transactions across Asia.
• US$2.4 billion funds mobilized – over 50% of the bank’s total transactions and more than 40% of total funds making it largest region globally for Citi for social finance financings.
• 1.56 million underserved and low-income households reached, including 565,000 (36%) women.
• 9 countries – Bangladesh, China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam.
• Social Finance segments – Economic and financial inclusion, Healthcare, Food security and sustainable agricultural, Education, Affordable housing and basic infrastructure as well as Digital connectivity.

“We are confident that we can grow this further in 2025, supporting our clients on their journeys towards sustainable growth in their local economies,” added Jorge.