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NamiBox and Tencent Cloud Announce Strategic Partnership with Sichuan Education Press to Launch AI-Powered Writing Solution

“AI Writing Companion” Marks Industry-First Integration of AI Technology and Traditional Composition Materials
Projected to Generate Over 5 million USD in Revenue in 2025

SHANGHAI, March 31, 2025 /PRNewswire/ — Jinxin Technology Holding Company (Nasdaq: NAMI), a leading provider of AI-driven digital content and interactive communication technologies, today announced a major strategic partnership between its flagship platform NamiBox, Tencent Cloud, and Sichuan Education Press. Together, the three parties unveiled AI Writing Companion, an innovative product that represents a breakthrough in AI-powered educational publishing.

This collaboration is expected to generate over  5 million USD  in revenue in 2025, driven by nationwide adoption across schools and strong demand for intelligent learning tools. The product is already being integrated into key educational regions, with wide-scale rollout planned through existing distribution networks.

Built on the Huixue AI Cloud platform co-developed by NamiBox and Tencent Cloud, AI Writing Companion transforms traditional paper-based writing workbooks into intelligent, interactive tools that guide students through the entire composition process. It offers personalized writing support, AI-powered feedback, and natural language interaction—creating a virtual tutor experience for K-12 learners.

“Our collaboration with Tencent Cloud and Sichuan Education Press is a milestone in smart education publishing,” said Jin Xu, CEO of Jinxin Technology. “This product is not only a technological achievement but also a real-world application of how AI can enhance core learning experiences for students across China. We are excited about its growth potential and revenue contribution in the coming year.”

Unlike general-purpose writing apps, AI Writing Companion is built around new AI publishing standards developed jointly by the three companies. These include AI tutoring models, evaluation systems, and composition correction protocols—all aimed at delivering high-quality, curriculum-aligned support in Chinese language learning.

This strategic partnership also reflects NamiBox’s broader commitment to advancing AI in education. By combining Tencent Cloud’s technical infrastructure with NamiBox’s expertise in digital education content, the Huixue AI Cloud ecosystem continues to grow—enabling more personalized, scalable, and efficient educational solutions nationwide.

About Jinxin Technology Holding Company

Headquartered in Shanghai, China, Jinxin Technology Holding Company is an innovative provider of digital content and interactive communication services. Through its flagship platform NamiBox, the Company delivers intelligent, engaging, and curriculum-aligned products powered by advanced AI, AR, and digital human technologies.

Jinxin Technology works closely with China’s leading textbook publishers and educational platforms, providing AI-generated digital content for primary and middle school students. Its distribution channels include:

NamiBox, the Company’s flagship learning app
Telecom and broadcast operators
Third-party educational devices

For more information, please visit the Company’s website at https://ir.namibox.com.

Safe Harbor Statements

This press release contains forward-looking statements as defined under the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions, involve risks and uncertainties, and may differ materially from actual results. For further discussion of these risks and factors, please refer to the Company’s filings with the U.S. Securities and Exchange Commission.

For Investor and Media Inquiries, Please Contact:
Jinxin Technology Holding Company
Investor Relations Department
Email: ir@namibox.com

NYSE Content advisory: Pre-market update + NYSE Texas opens for business with DJT as its first listing

NEW YORK, March 31, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

Pre-market update + NYSE Texas opens for business with DJT as its first listing

Kristen Scholer delivers the pre-market update on March 31st

  • It’s the final trading day of the first quarter with President Donald Trump’s reciprocal tariffs due Wednesday, April 2. 
  • NYSE Texas opens for business as the first securities exchange to be incorporated in the Lone Star State. “This new offering will allow companies to capitalize on the pro-business dynamics in Texas,” NYSE President Lynn Martin said.
  • Trump Media and Technology Group is set to become the first company to trade on NYSE Texas in a dual listing for the firm with ticker symbol DJT.

Click here to learn more about NYSE Texas

Video – https://mma.prnasia.com/media2/2654069/NYSE_March_31_Market_Update.mp4

 

m-FINANCE and CBCX Markets Form Strategic Partnership to Enhance Liquidity Network

HONG KONG, March 31, 2025 /PRNewswire/ — m-FINANCE Limited (“m-FINANCE”), a wholly owned subsidiary of mF International Limited (Nasdaq: MFI) and a provider of forex and bullion trading solutions in Asia, today announced a new strategic partnership with CBCX Markets Limited (“CBCX”), a multi-asset liquidity provider. This partnership is expected to strengthen m-FINANCE’s liquidity network by granting brokerage clients deeper market access, improved execution, and advanced trading conditions.

The collaboration between m-FINANCE and CBCX is driven by a shared commitment to deliver cutting-edge liquidity solutions tailored for brokers. With CBCX’s institutional-level liquidity, brokers can enjoy enhanced market access with tighter spreads and deeper liquidity, for advanced trading conditions. m-FINANCE anticipates that this optimized execution will leverage deep liquidity pools to enhance efficiency, reducing slippage and minimizing costs for end clients.

With CBCX’s liquidity solutions (cbcx.com) and m-FINANCE’s infrastructure, m-FINANCE anticipates its broker clients will experience rapid execution with minimal latency, as it will provide its customers access to its proprietary feature that it believes will allow brokers to capture advantageous spread when hedging orders and maintaining full STP (straight-through processing, an automated electronic workflow that allows for a seamless processing of transactions) connectivity.

The partnership with CBCX is expected to enable brokers to offer institutional-level trading experiences to their clients, backed by deep liquidity, reduced trading costs, and cutting-edge infrastructure. This also marks another step in m-FINANCE’s ongoing commitment to delivering continuous innovation and world-class trading solutions to clients. With CBCX’s liquidity and m-FINANCE’s advanced trading technology, brokers may access to a more competitive, transparent, and efficient trading environment.

Mr. Chi Weng (Dick) Tam, the Executive Director and Chief Executive Officer of m-Finance, commented, “We are proud to collaborate with CBCX to enhance our liquidity solutions. With over 20 years of experience in the forex and bullion markets, we understand the critical importance of market-leading liquidity in driving execution speed, pricing efficiency, and superior trading performance. We believe that CBCX has built a strong reputation for delivering institutional-level liquidity, and we look forward to working closely with their team to provide our clients with unique trading opportunities.”

Echoing this enthusiasm, Bilaal Adam, a Director of CBCX, reinforced CBCX’s  commitment to delivering advanced liquidity solutions and pursuing market excellence:

“At CBCX Markets, we are dedicated to providing brokers, hedge funds and traders with deep liquidity, customized solutions, and ultra-low latency execution. We believe partnering with m-FINANCE will allow us to extend our expertise to a broader network of brokers, hedge funds, and institutional clients. By integrating m-FINANCE’s cutting-edge technology with CBCX Markets’s deep liquidity pools and customized liquidity offerings, we expect to create a more dynamic and flexible trading environment. Our tailored liquidity solutions enable brokers to benefit from tight spreads, reduced slippage, and a high-performance trading ecosystem. In the future, we look forward to working closely with m-FINANCE to continue driving innovation, transparency, and efficiency in global trading markets.”

About mF International Limited

mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong. The Company’s principal Hong Kong subsidiary, m-FINANCE, is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. With clients located over mainland China, Hong Kong and Southeast Asia, m-FINANCE provides customers with the mF4 Trading Platform, Trader Pro, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. For more information, please visit the Company’s website: https://ir.m-finance.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “views,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

mF International Limited
Investor Relations Department
Email: ir@m-finance.net

ICR, LLC
Robin Yang
Email: mFInternational.IR@icrinc.com
Phone: (646) 308-1475

SF Holding Delivered Record High 2024 Financial Results

  • Record-high annual revenue: RMB284.4 billion, up 10.1% year-over-year
  • Record-high annual net profit attributable to owners of the company: RMB10.2 billion, up 23.5% year-over-year
  • Delivered total shareholder return of RMB10.7 billion

SHENZHEN, China, March 31, 2025 /PRNewswire/ — S.F. Holding Co., Ltd. (‘SF Holding’ or ‘SF’ or ‘the Company’, 002352.SZ; 06936.HK), the largest integrated logistics service provider in Asia, has announced 2024 financial results, demonstrating strong growth in both revenue and profitability.

The Company has an efficient and reliable logistics network infrastructure rooted in China, radiating Asia, and connecting the world. Focusing on its logistics ecosystem, SF Holding has continued to enhance its portfolio of product and service capabilities to provide customers with domestic and international one-stop integrated logistics services.

Commenting on the Company’s 2024 results, Mr. Alex Ho, SF Holding’s Executive Director and Chief Financial Officer, said: “2024 stands as a defining milestone for SF Holding – crowned by high customer satisfaction, record total revenue and profitability, as well as our successful listing on the Hong Kong Stock Exchange in November 2024. Through disciplined capital allocation and operational excellence, we generated robust operating cash flows, translating into sustainable free cash flow growth.”

2024 Operational Highlights

In 2024, the Company achieved strong growth by focusing on its key strategy, “Unite for Shared Goals, Pioneer with Steadfast Drive.” As part of this strategy, SF Holding strengthened organizational vitality by upgrading incentive systems and granting greater business authority to frontline employees. Additionally, the Company enhanced the role of headquarters in supporting business regions, aligning interests across all levels to foster entrepreneurship throughout the organization.

Domestically, the Company achieved business growth by further penetrating customers’ upstream and downstream supply chain scenarios across multiple industries. Logistics revenue in the high-tech, automotive, and industrial manufacturing sectors all grew by over 20% year-over-year. As a result, the main express logistics business achieved revenue of RMB205.8 billion, representing a year-over-year increase of 7.7%.

Internationally, Asia is the Company’s top priority. SF Holding provides customized integrated end-to-end logistics solutions, delivering both cost-efficiency and premium services to customers, and achieved 0-to-1-to-N breakthroughs in international supply chain projects across countries, industries, and business scenarios. Over 45% of Fortune China 500 companies utilize SF Holding’s international logistics services. In its 2024 international operations, the Company won bids for over 100 overseas supply chain projects. As a result of these initiatives, the supply chain and international business achieved RMB70.5 billion in revenue, representing a 17.5% year-over-year increase, effectively securing the Company’s second growing curve.

Alongside business expansion, the Company has achieved sustained profitability growth through continuous improvements in backbone logistics network efficiency and operational model reforms, which combined have driven cost reductions and efficiency enhancements.

Reaffirming Shareholder Commitment

Since 2024, SF Holding has returned a total of RMB10.7 billion to shareholders through cash dividends and share repurchase programs, demonstrating its strong confidence in sustainable cash flow generation and commitment to creating long-term shareholder value.

Notably, on March 28, the Company proposed a final cash dividend distribution of RMB2.2 billion. Together with interim dividends, SF Holding’s total shareholder returns from dividends for 2024 amounted to RMB4.1 billion, representing an annual dividend payout ratio of 40% – an increase of 5 percentage points year-over-year.

Additionally, prior to its November 2024 listing on the Hong Kong Stock Exchange, SF Holding distributed a special one-off cash dividend of RMB4.8 billion. This brought the Company’s 2024 dividend payout ratio to a record-high 87%.

To demonstrate its commitment to shareholder value, SF Holding has allocated RMB4.8 billion in various share repurchase programs since 2022, including RMB1.8 billion worth of shares that were repurchased since 2024.

2024 Key Financial Results

  • For the fiscal year ended December 31, 2024, SF Holding reported total revenue of RMB284.4 billion, representing a 10.1% year-over-year increase.
  • The profit attributable to owners of the Company in 2024 was RMB10.2 billion, representing a year-over-year increase of 23.5%, and the net profit margin increased to 3.6%.
  • In 2024, net cash generated from operating activities of the Company was RMB32.2 billion, representing an increase of 21.1% compared with the same period in 2023, mainly due to the combined effect of the Company’s profit growth and optimized operating cash flow management. Free cash flow surged 70% to RMB22.3 billion, demonstrating significant improvement in cash generation.
  • In 2024, the Company recorded a parcel volume of 13.3 billion, representing an 11.3% year-over-year increase, or 15.3% year-over-year increase, excluding volumes from Fengwang Express (Fengwang), the Company’s franchise model business disposed in June 2023.
  • SF Holding’s flagship product time-definite express recorded 5.8% revenue growth to RMB122.2 billion. Annual parcel volume for this segment increased 12% year-over-year.
  • The Company’s economy express continued to capitalize on its competitive edge to serve e-commerce customers in the year. The segment’s parcel volume (excluding volumes from Fengwang) increased 18% year-over-year, while its revenue increased by 11.8%.
  • Revenue for the freight segment increased by 13.8% to RMB37.6 billion with significantly improved profitability. The structural cost-saving initiatives enabled competitive pricing strategies, driving over 20% annual growth in shipment volume.
  • SF Holding’s intra-city segment achieved 22.4% revenue growth with net profit surging by 162%.

Business Outlook

Building on its leadership in Asia, SF Holding is rapidly applying its proven expertise to further develop its market presence. By deepening its “The One in Asia” strategy, the Company remains committed to seamlessly connecting Asia and the world with its international logistics and supply chain capabilities.

Looking ahead, as the demand for integrated end-to-end logistics solutions continues to rise, SF Holding aims to become the go-to logistics partner of our business and retail customers in Asia. SF Holding plans to leverage its well-recognized brand, cost advantages, and integrated logistics service capabilities, driving sustainable and healthy growth of business to foster shared success and create enduring value together.

About SF Holding

Founded in 1993, S.F. Holding Co., Ltd. (002352.SZ; 06936.HK) is the largest integrated logistics service provider in Asia and the fourth largest globally. Listed on the Shenzhen Stock Exchange and the Hong Kong Stock Exchange, SF Holding is the constituent stock in the CSI 300 Index and MSCI Emerging Market Index. Demonstrating a commitment to being fast, reliable, and customer-centric, the Company possesses digital technology to promote the development of intelligent and green supply chains.

For further information, please visit https://ir.sf-express.com/en/.    

Paradise Found: oneworld welcomes Fiji Airways to global alliance

Fiji Airways adopts award-winning AAdvantage® as its travel rewards programme

FORT WORTH, Texas, April 1, 2025 /PRNewswire/ — oneworld® alliance today welcomes Fiji Airways, the flag carrier of Fiji and the South Pacific, as its newest member airline, with a full suite of oneworld benefits available to customers around the world beginning 01 April 2025.

Fiji Airways joins oneworld alliance
Fiji Airways joins oneworld alliance

Fiji Airways will provide top tier customers with a full suite of oneworld benefits as a full member airline:

  • Access to a network of nearly 700 airport lounges globally, including recently opened oneworld branded lounges in Amsterdam’s Schiphol and Seoul’s Incheon airports
  • Priority check-in and boarding
  • Earning and redeeming miles
  • Earning Tier Points

“The introduction of Fiji Airways marks an important strategic step for our alliance as we connect even more people, places and experiences than ever before,” said Nat Pieper, CEO of oneworld. “Fiji Airways customers will benefit from oneworld’s global reach of more than 900 destinations, priority services and premium lounge access, and we’re thrilled to welcome them to the oneworld family.”

Fiji Airways, with its hub at Nadi International Airport, serves 25 destinations in 14 countries and territories globally, including oneworld hubs in Hong Kong, Tokyo, Sydney and its newest global destination, Dallas-Fort Worth, further connecting the airline into the oneworld network.

“Becoming a full member of the oneworld alliance is a proud and momentous milestone for Fiji Airways. This achievement reflects our commitment to providing world-class service and expanding our global reach, while showcasing the warmth and hospitality of Fiji to the world, said Andre Viljoen, Managing Director and CEO of Fiji Airways. “As a full member, we are excited to offer our customers even greater benefits and seamless connectivity across the extensive oneworld network. We look forward to welcoming more oneworld customers onboard to experience the beauty of Fiji and the exceptional service of Fiji Airways.”

Fiji Airways has also adopted the American Airlines award-winning AAdvantage® travel rewards programme as their frequent flyer programme, ensuring its most frequent travellers can now enjoy all the benefits of oneworld alliance as AAdvantage® members.

Taking to the skies on 1st September 1951, Fiji Airways now boasts a fleet of 23 state-of-the art aircraft, including its flagship A350-900s, offering customers warm and welcoming Fijian hospitality on all flights.

Fiji Airways continues to be recognised for its excellence, earning a Five Star Major Airline rating from APEX for the third consecutive year and multiple Skytrax 2024 awards, including Best Airline, Best Business Class Onboard Catering, and Best Cabin Crew in Australia/Pacific. As part of its oneworld integration, Fiji Link joins as an affiliate airline, further expanding the alliance’s reach with domestic services across Fiji and regional connections to Tonga, Samoa, Tuvalu, and Vanuatu.

To learn more about oneworld and its member airlines, visit oneworld.com

For media queries, please contact press@oneworld.com

About oneworld
oneworld brings together 14 world-class airlines – Alaska Airlines, American Airlines, British Airways, Cathay Pacific, Fiji Airways, Finnair, Iberia, Japan Airlines, Malaysia Airlines, Qantas, Qatar Airways, Royal Air Maroc, Royal Jordanian and SriLankan Airlines, and more than 20 of their affiliates. oneworld member airlines work together to consistently deliver a superior, seamless travel experience, with special rewards and privileges for its frequent flyers, including earning and redeeming miles and points across the entire alliance network, access to airport lounges, priority check in and boarding and extra baggage allowances and more. Learn more about the the oneworld® alliance at oneworld.com. Follow us on FacebookInstagramX and LinkedIn.

About Fiji Airways:
Founded in 1951, the Fiji Airways airline group comprises Fiji Airways, Fiji’s international airline, and its wholly owned domestic and regional subsidiary, Fiji Link. Fiji Airways is a member of the oneworld® alliance, whose members serve more than 900 destinations around the globe. From its hubs at Nadi and Suva International Airports, Fiji Airways and Fiji Link serve 101 destinations in over 14 countries (including codeshare). Destinations include Fiji, Australia, New Zealand, the US, Canada, the UK, Hong Kong (SAR China), Singapore, India, Japan, China, Samoa, Tonga, Tuvalu, Kiribati, Vanuatu and Solomon Islands. The Fiji Airways Group brings in 70 percent of all visitors who fly to Fiji, employs over 2000 employees, and earned revenues of over FJD$1.7 billion (USD $770m) in 2023. Fiji Airways rebranded from Air Pacific in June 2013. Visit www.fijiairways.com for more information.

About American Airlines
As a leading global airline, American Airlines offers thousands of flights per day to more than 350 destinations in more than 60 countries. The airline is a founding member of the oneworld® alliance, whose members serve more than 900 destinations around the globe. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. Learn more about what’s happening at American by visiting news.aa.com and connect with American @AmericanAir and at Facebook.com/AmericanAirlines. To Care for People on Life’s Journey®.

Photo – https://laotiantimes.com/wp-content/uploads/2025/03/fj_release_hero_image.jpg
Logo – https://laotiantimes.com/wp-content/uploads/2025/03/oneworld_logo.jpg

MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users

VICTORIA, Seychelles, March 31, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, confirms the upcoming listing of GUNZ (GUN) on March 31, 2025(UTC). To celebrate this listing, MEXC is launching a special event with a prize pool of 180,000 USDT for new and existing users.

MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users
MEXC Confirms Listing of GUNZ (GUN), Launches 180,000 USDT Prize Pool for Users

GUNZ (GUN) is a Layer-1 blockchain developed by Gunzilla Games, designed to power AAA Web3 gaming. Originally created to support the community-driven economy for Gunzilla’s flagship title, Off The Grid (OTG), GUNZ has evolved into a full-featured platform offering blockchain-native infrastructure essential for modern game development. By leveraging blockchain technology, GUNZ aims to provide both developers and players with the tools needed for a decentralized, secure gaming ecosystem.

To celebrate the listing of GUNZ (GUN) on MEXC, the exchange has launched an exclusive Airdrop+ event with substantial rewards for participants:
Event Period:  Mar 28, 2025, 11:00 (UTC) – Apr 11, 2025, 11:00 (UTC)
Benefit 1: Deposit and share 90,000 USDT in Futures bonus (New user exclusive)
Benefit 2: Spot Challenge — Trade to share 10,000 USDT in Futures bonus (For all users)
Benefit 3: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 4: Invite new users and share 30,000 USDT in Futures bonus (For all users)

The listing of GUNZ (GUN) not only broadens MEXC’s asset portfolio but also underscores MEXC’s first-mover advantage in bringing innovative blockchain projects to its users. MEXC has solidified its position as an industry leader through its efficient asset listing strategy and broad selection of trend tokens. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings.

According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.

MEXC will continue to provide users with early access to promising projects, while leveraging platform advantages such as low fees, deep liquidity, and daily airdrops to ensure an optimal trading experience.

For full event details and participation rules, please visit here.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website X Telegram |How to Sign Up on MEXC

Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

 

Yanolja Reports 2024 Financial Results

Record Aggregate TTV Growing 186% Year-Over-Year

Enterprise Solutions Revenue Grew 62% Year-Over-Year

NEW YORK, March 31, 2025 /PRNewswire/ — Yanolja Co., Ltd., (“Yanolja”) a global travel technology company, today announced its full-year 2024 results under Korean International Financial Reporting Standards (K-IFRS).

Sujin Lee, Chairman and CEO of Yanolja, shared, “We concluded the year with record-breaking financial performance across both our Enterprise Solutions and Consumer Platform, engaging with more travel enterprises and travelers than ever before. Particularly, our Enterprise Solutions reported an impressive 62% year-over-year increase in revenue, highlighting the substantial scale and growth potential of this segment globally.” He continued, “I am incredibly proud of Yanolja and our teams for their relentless dedication and innovative spirit in driving our customers’ success. As we advance our mission to revolutionize the travel industry, our recent strategic partnerships with Google Cloud and Amazon Web Services in addition to our collaboration with OpenAI mark a significant step forward as these collaborations will drive the development of a next-generation, AI-powered data enablement platform, further solidifying Yanolja’s position as a global travel technology leader.”

Full Year 2024 Highlights

  • Aggregate TTV[1] reached Won 27.0 trillion (USD 18.3 billion)[2], up 186% compared to 2023.
  • Consolidated operating revenue reached Won 924.5 billion (USD 625.6 million), up 22% compared to 2023.
    • Enterprise Solutions revenue[3] was Won 292.6 billion (USD 198.0 million), up 62% compared to 2023
    • Consumer Platform revenue[3] was Won 671.2 billion (USD 454.2 million), up 6% compared to 2023.
  • Consolidated Adjusted EBITDA[4] was Won 114.7 billion (USD 77.6 million), up 68% compared to 2023, and Adjusted EBITDA Margin[4] was 12.4%.
    • Enterprise Solutions Adjusted EBITDA was Won 67.7 billion (USD 45.8 million), up 295% compared to 2023, and Adjusted EBITDA Margin was 23.1%.
    • Consumer Platform Adjusted EBITDA was Won 88.4 billion  (USD 59.8 million), up 4% compared to 2023, and Adjusted EBITDA Margin was 13.2%.

Jeff Kim, CEO of Yanolja Cloud, added, “Our Enterprise Solutions have reached significant size and scale, now serving over 1.3 million travel businesses and more than 21,000 sales channels globally. We established our position as a leading global travel technology with our unique data and AI technologies and are accelerating the shift toward fully automated, personalized and AI-powered end-to-end travel services. As we continue to advance our capabilities and expand our global footprint, we remain focused on driving sustainable growth and profitability.”

Following the completed integration of the company’s consumer channels at the end of 2024 under NOL Universe, Bo-chan Bae, CEO of NOL Universe remarked, “NOL Universe dreams of a complete ecosystem that connects all moments of daily life beyond travel, accommodation, and entertainment. To do this, we will revolutionize the way we consume leisure, providing a more intuitive and immersive experience for our travelers.”

2024 Business Highlights

  • Aggregate TTV grew by 186% year-over-year, driven by strong performance across both our Enterprise Solutions and Consumer Platform. [5] Aggregate TTV serves as a key metric reflecting the scale and growth of transactions across Yanolja’s businesses. Leveraging proprietary transaction data, Yanolja analyzes global travel trends and delivers AI-powered, tailored services through its advanced data platform. This growth highlights the platform’s reliability and technological sophistication. The strong[5] aggregate TTV performance reinforces Yanolja’s continued global expansion and strengthens its position as a leading and trusted provider of innovative, data-driven solutions in the travel industry.
  • Enterprise Solutions revenue increased 62% year-over-year, driven by strong performance across our businesses, supported by global expansion, enhanced product offerings, increased customer wallet share, and strategic inorganic initiatives. Adjusted EBITDA margin reached 23.1%, representing a 14-percentage-point improvement from 2023, reflecting the growing operating leverage of our solutions business. Notably, the proportion of AI Data Solution revenue within Enterprise Solutions increased from 14% in Q1 2024 to 25% in Q4 2024.
  • Consumer Platform revenue increased 6% year-over-year, supported by stable growth in both inbound and outbound travel compared to the prior year, despite macroeconomic uncertainty, domestic political and economic challenges, and unfavorable FX headwinds in the second half of 2024. In addition, we completed the integration of our consumer channels — Yanolja Platform and InterparkTriple Corp. — forming NOL Universe, a unified platform that offers users a comprehensive range of travel and leisure services, enhanced personalization, and a more rewarding customer experience.

1 Aggregate TTV (Total Transaction Value) consists of two components: Direct TTV, which includes transactions where we earn a fee, and Indirect TTV, which reflects the transaction value associated with our Subscription and Data Solutions — indicative of the data we have access to, even if we don’t directly handle the transactions. TTV includes intercompany transactions; as a result, individual components may not sum precisely to the total.

2 Figures stated in USD are based on December 31, 2024, FX rate where $1 USD = 1,477.86 KRW.

3 Revenue excludes intercompany transactions, holdings and others, portions may not add up to total.

4 Yanolja reports Adjusted EBITDA, a non-K-IFRS financial measure. As it is not defined under K-IFRS, comparisons with similarly titled metrics reported by other companies may not be meaningful. Segment figures may not sum to the consolidated total due to holding company and other corporate-level adjustments. Adjusted EBITDA for a given period is defined as profit or loss for the period adjusted for (i) income tax expense; (ii) depreciation and amortization; (iii) equity settled share based payment; (iv) impairment loss on intangible assets; (v) commission incurred outside ordinary course of business and other expenses; (vi) finance income and expenses, net; (vii) gains or losses on investments in associates, net; and (viii) profit (loss) from discontinued operations, net of tax. Adjusted EBITDA margin is defined as Adjusted EBITDA divided by operating revenue.

5 Year-over-year fluctuations are presented in constant currency, as Yanolja reports its results in Korean Won. U.S. dollar comparisons are provided for convenience and may be subject to calculation adjustments.

Non-IFRS Financial Measures

To supplement Yanolja’s consolidated results prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), this press release includes certain unaudited non-IFRS financial measures, such as total transaction value, revenue, adjusted EBITDA and adjusted EBITDA margin, for the corresponding period. These measures should be considered as supplementary information and not as substitutes for financial results prepared under K-IFRS.

It is important to note that K-IFRS may differ from International Financial Reporting Standards (IFRS), and as a result, these non-IFRS financial measures may not be directly comparable to similar metrics reported by companies following IFRS. Additionally, these non-IFRS financial measures may exclude certain non-cash items and the impact of investment-related transactions to better reflect the performance of the company’s core operations. Non-IFRS adjustments may also include relevant adjustments for the company’s major associates based on publicly available financials or management estimates.

Yanolja’s management believes these non-IFRS measures provide valuable insights into the company’s operational performance by excluding items that may obscure underlying trends. However, investors are advised to consider the limitations of these measures when evaluating the company’s overall financial performance.

About Yanolja Co., Ltd.

Yanolja Co., Ltd. is a leading AI-powered data enablement platform redefining the global travel ecosystem to deliver personalized travel experiences and uncover operational efficiencies for travel enterprises. Built on the vision that hyper-connects people to their unique travel dreams and fully automates travel enterprise operations, Yanolja has developed advanced AI data technologies and transformed the entire travel industry. Operating in more than 200 countries, Yanolja provides integrated transaction solutions, including a leading consumer platform in Korea, as well as subscription and AI data solutions, to provide connectivity, efficiency, and personalization that redefines the future of the travel industry for both travelers and travel enterprises.

For Press Information:

Christina Kim, Corporate PR Manager
Christina.kim@yanolja.com
+1 206-245-7392

For Investor Relations:

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Lunit Announces Partnership with the National Cancer Institute to Advance AI-Powered Biomarker Research

Collaboration to apply Lunit’s AI technologies across NCI’s broad spectrum of cancer studies, aiming to accelerate personalized cancer care

SEOUL, South Korea, March 31, 2025 /PRNewswire/ — Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today announced a collaboration with the National Cancer Institute (NCI), part of the U.S. National Institutes of Health (NIH), to explore innovative applications of AI in cancer research. This collaboration aims to advance research into the tumor microenvironment and immune phenotyping, analyzing NCI data to uncover insights that could drive personalized cancer care.

Lunit and the National Cancer Institute (NCI) join forces to advance AI-powered biomarker research and accelerate personalized cancer care.
Lunit and the National Cancer Institute (NCI) join forces to advance AI-powered biomarker research and accelerate personalized cancer care.

Under the agreement, Lunit tools will be made available to NCI Center for Cancer Research (CCR) investigators, across NCI CCR’s portfolio of clinical trials. Lunit will analyze whole-slide images obtained from NCI’s clinical studies, using Lunit AI-powered biomarker technologies, including Lunit SCOPE® IO and Lunit SCOPE universal IHC. This broad collaboration will enable image-analysis AI to become a core part of cancer research practice.

The two parties plan to jointly prepare publications, presentations, and reports. The primary objective of this partnership is to develop data-driven insights that can help personalize treatment approaches for cancer patients. By applying Lunit’s AI solutions across NCI’s extensive cancer research portfolio, the collaboration seeks to accelerate discoveries that optimize immunotherapy strategies, improve patient outcomes, and pave the way for more targeted cancer care.

“This collaboration with the NCI is a testament to the power and potential of Lunit’s AI-driven solutions in advancing the frontier of cancer research,” said Brandon Suh, CEO of Lunit. “By applying our technologies across NCI’s unparalleled research expertise and clinical data, we aim to uncover meaningful insights that can transform cancer treatment and deliver more personalized care to patients worldwide. We are honored to work with one of the world’s leading cancer research institutions to tackle some of the toughest challenges in oncology.”

About Lunit

Founded in 2013, Lunit (KRX:328130.KQ) is a medical AI company on a mission to conquer cancer through AI. Lunit harnesses AI-powered medical image analytics and biomarker analysis to ensure accurate diagnosis and optimal treatment for each cancer patient. The FDA-cleared Lunit INSIGHT suite for cancer screening serves over 4,800 medical institutions across 55+ countries. Lunit clinical studies have been published in top journals, including the Journal of Clinical Oncology and the Lancet Digital Health, and presented at global conferences such as the ASCO and RSNA. Headquartered in Seoul, South Korea, with a network of offices worldwide, Lunit leads the global fight against cancer. Discover more at lunit.io.