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Forbes Travel Guide Announces First and Only Star Rating System for River Cruises

ATLANTA, July 23, 2025 /PRNewswire/ — Forbes Travel Guide (“FTG”)—the only independent, global rating system for luxury hotels, restaurants, spas, ocean cruises and ocean cruise restaurants—today announced it will begin rating river cruises, a cruise industry first.

FTG will announce its inaugural river cruise ratings in 2027, when it unveils its highly anticipated annual Star Ratings in more than 100 countries.

“River cruising has quickly become one of the most sought-after ways to explore the world in comfort and style,” said Amanda Frasier, President of Ratings for Forbes Travel Guide. “We’re seeing an exciting evolution in the category, with river cruise lines delivering elevated service and specializing in immersive itineraries and refined onboard experiences that appeal to today’s discerning traveler. As demand grows for slower-paced luxury, FTG is proud to bring our trusted ratings to this flourishing segment.”

FTG’s inaugural river cruise ratings will honor cruises on the Danube, Rhine, Nile and Mekong rivers, potentially including brands such as AmaWaterways, Aqua Expeditions, Avalon Waterways, Riverside Luxury Cruises, Scenic Luxury Cruises & Tours/Emerald Cruises, Uniworld Boutique River Cruises and Viking River Cruises.

FTG awards more than 2,000 properties annually with Five-Star, Four-Star and Recommended accolades. Every Star Rating is earned through FTG’s in-person, incognito inspections based on hundreds of objective standards with an emphasis on exceptional service. No one can buy a rating, and no fees, commissions, or business relationships are required. The company’s 2026 Star Ratings will be announced on forbestravelguide.com on February 11, 2026.

Connect with Forbes Travel Guide:
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X: www.twitter.com/ForbesInspector
Facebook: www.facebook.com/ForbesTravelGuide

About Forbes Travel Guide:
Forbes Travel Guide is the only global rating system for luxury hotels, restaurants, spas and ocean cruises and their restaurants. Our anonymous professional inspectors evaluate based on hundreds of exacting standards, with an emphasis on exceptional service, to help discerning travelers select the world’s best experiences. The only way to get a Five-Star, Four-Star, or Recommended rating is by earning it through our independent inspection process. For more information about Forbes Travel Guide, please visit ForbesTravelGuide.com.

 

PitPat’s 2025 Strategy: Pioneering a “New Home Sports Ecosystem” and Leading the Global Virtual Fitness Movement

HOUSTON, July 23, 2025 /PRNewswire/ — PitPat, the world’s leading online competition platform, today announced a strategic collaboration with smart fitness equipment brand DeerRun. At the upcoming product launch event, the two companies will showcase the latest developments in building a “New Home Sports Ecosystem.” This marks a pivotal shift as PitPat expands its role from a virtual competition platform to a pioneer in personalized competitive fitness experiences.

Through seamless integration with DeerRun’s innovative smart fitness devices, PitPat empowers users to join immersive, motivation-driven online competitions right from home—ushering in a new era of personalized athletic training.

With years of experience and technological expertise in smart fitness, DeerRun continues to launch cutting-edge products tailored to the evolving needs of modern households. By focusing on diverse user scenarios—from space-constrained apartments to fitness enthusiasts demanding professional-grade experiences—DeerRun emphasizes foldable, space-saving designs alongside advanced chipsets capable of supporting high-level competition sensors. The result is a more intelligent and inclusive home fitness environment.

One of the featured highlights of the event is the DeerRun X20 Treadmill, a high-performance yet home-friendly cardio solution designed to elevate indoor running. Equipped with a brushless motor, the X20 operates quietly with extended durability, delivering consistent power output ideal for medium- to high-intensity training. Its 15% auto incline simulates varied terrain, promoting full-body and cardiovascular conditioning. With speeds up to 7.5 mph (approximately 12 km/h) and a 3.0 HP motor, it balances robust performance and lightweight convenience, weighing only 33 kg. This compact all-in-one solution makes the X20 an ideal choice for home users looking to diversify and intensify their training.

Also in development is the AP01 Race-Grade Treadmill, engineered for high-intensity workouts and virtual racing. With a 3.5 HP continuous-duty motor and a top speed of 12 mph (approx. 19 km/h), it supports everything from aerobic sessions to sprint training. Despite its 42 kg lightweight build, the AP01’s optimized structure delivers high stability and safety. A wide running belt and advanced shock absorption system protect joints, making it ideal for frequent, long-term use. Integrated incline adjustments and smart connectivity allow users to engage in real-time races via PitPat, monitor rankings, and follow personalized training plans—combining speed, competition, and social interaction in one powerful package.

DeerRun AP01 Indoor Foldable High-Speed Smart Treadmill
DeerRun AP01 Indoor Foldable High-Speed Smart Treadmill

DeerRun also introduced the S500 Smart Cycling Bike, crafted for immersive indoor cycling. Supporting Apple Vision Pro, the S500 brings a VR-enhanced experience to indoor rides, simulating lifelike outdoor routes. With 32 magnetic resistance levels, users can train across a full intensity spectrum—from warm-ups to sprints. Despite its professional features, the bike weighs just 19 kg, making it easy to move and store at home.

Committed to making competitive fitness accessible to households worldwide, PitPat continues to innovate the home sports experience. With full system compatibility across DeerRun treadmills, cycling bikes, and other smart gear, PitPat enables users to join a variety of virtual events—including ranked matches, mileage milestones, and 1v1 PK battles—anytime, anywhere. The platform enhances engagement through reward systems, point stores, and achievement incentives, making fitness more fun and sustainable.

In parallel, PitPat is advancing personalized training algorithms, performance tracking, and motivational programs to create a closed-loop experience that spans training, competition, and reward—all within the home environment.

“Our vision is simple: fitness should never be limited by time, space, or equipment,” said Kevin Zhang, Founder of PitPat. “By combining the world’s leading virtual competition platform with DeerRun’s cutting-edge smart fitness devices, we’re bringing the joy of competitive exercise into every household. Our new ‘Home Sports Ecosystem’ not only redefines the home workout experience but gives every individual their own race track—right in their living room. Through tech innovation and platform integration, we aim to inspire more people to move and create a fitness environment that’s fair, engaging, and purpose-driven.”

Looking Ahead: Expanding the Global Reach of Virtual Sports

PitPat remains committed to advancing the integration of virtual competitions and home-based fitness. The platform plans to launch a series of global events and themed fitness seasons over the next year, empowering users to achieve more meaningful milestones and redefining the future of fitness competition for a worldwide audience.

Big Data Expo 2025 to open in Guiyang on August 28

BEIJING, July 23, 2025 /PRNewswire/ — A news report by Huanqiu.com: 

On July 22, the press conference of the China International Big Data Industry Expo 2025 (Big Data Expo 2025 in short) was held at the media conference hall of the National Data Administration.

On July 22, the press conference of the Big Data Expo 2025 was held at the media conference hall of the National Data Administration.
On July 22, the press conference of the Big Data Expo 2025 was held at the media conference hall of the National Data Administration.

The Big Data Expo 2025 is hosted by the National Data Administration, and organized by the Guizhou Provincial People’s Government. Themed “Data Gathers Industrial Momentum, Intelligence Initiates New Development”, the annual expo this year will be staged in Guiyang, Guizhou Province from August 28 to 30.

The Big Data Expo 2025 will closely follow the latest industrial trends and cutting-edge technological progress, and focus on professional exhibitions, along with an opening ceremony, industrial exchanges, competitions and serial characteristic activities, aiming to advance the efficient aggregation, development and utilization of data resources, and inject strong impetus into industrial transformation and upgrading, and high-quality economic development.

Regarding the professional exhibitions, six thematic pavilions will be available on site, including Data Intelligence Navigation, Data Intelligence Infrastructure, Data Intelligence Service, Data Intelligence Application, Data Intelligence Innovation and Data Intelligence Experience, to showcase a number of new technologies, products, solutions and applications of digital economy. At the opening ceremony, government officials, renowned experts, scholars and entrepreneurs from home and abroad will be invited to interpret the most updated industrial policies and share insights on industrial development. The industrial exchanges are scheduled to include more than 20 exchange activities in five sections i.e. Data Elements, Data Industry, Data Economy, Data Infrastructure and International Cooperation. During the industrial competitions, the event organizer plans to work with domestic leading enterprises and professional competition organizers, and set competition topics concerning the in-depth integration of real economy and digital economy, artificial intelligence, homemade software, etc., and organize several enterprise and industrial competitions. The serial characteristic activities will include supply and demand matchmaking, business negotiation, enterprise-featured activity, etc.

The expo this year will uphold the principle of “simple but high-end, concise but impressive”, and highlight the “internationalized, professionalized, and industrialized” features. Under the internationalized feature, an innovative exhibition area dedicated for international supply and demand matchmaking will be provided, along with international matchmaking and exchange activities, to provide digital solutions and experience references for all countries, and jointly boost the coordinated development of digital economy globally. Under the professionalized feature, the event organizer will concentrate on the main thread of “reform on market-oriented allocation of data elements”, set special professional exhibition areas for data infrastructure, data trading, AI and etc., design and organize brainstorming sessions including “a unified national data market”, and release a batch of new policies and regulations, typical cases and pilot demonstrations, as useful attempts to resolve industrial bottlenecks and pain points as well as barriers on the market- and value-oriented development path of the data element market. Under the industrialized feature, various market players will be invited to present debuts of their innovation outcomes at the expo, and sessions like “exchange on data industry development” and “seminar for private enterprises engaged in digital economy” will be organized to promote industrial collaboration, ecological formation and outcome transformation.

PitPat’s 2025 Strategy: Pioneering a “New Home Sports Ecosystem” and Leading the Global Virtual Fitness Movement

HOUSTON, July 23, 2025 /PRNewswire/ — PitPat, the world’s leading online competition platform, today announced a strategic collaboration with smart fitness equipment brand DeerRun. At the upcoming product launch event, the two companies will showcase the latest developments in building a “New Home Sports Ecosystem.” This marks a pivotal shift as PitPat expands its role from a virtual competition platform to a pioneer in personalized competitive fitness experiences.

Through seamless integration with DeerRun’s innovative smart fitness devices, PitPat empowers users to join immersive, motivation-driven online competitions right from home—ushering in a new era of personalized athletic training.

With years of experience and technological expertise in smart fitness, DeerRun continues to launch cutting-edge products tailored to the evolving needs of modern households. By focusing on diverse user scenarios—from space-constrained apartments to fitness enthusiasts demanding professional-grade experiences—DeerRun emphasizes foldable, space-saving designs alongside advanced chipsets capable of supporting high-level competition sensors. The result is a more intelligent and inclusive home fitness environment.

One of the featured highlights of the event is the DeerRun X20 Treadmill, a high-performance yet home-friendly cardio solution designed to elevate indoor running. Equipped with a brushless motor, the X20 operates quietly with extended durability, delivering consistent power output ideal for medium- to high-intensity training. Its 15% auto incline simulates varied terrain, promoting full-body and cardiovascular conditioning. With speeds up to 7.5 mph (approximately 12 km/h) and a 3.0 HP motor, it balances robust performance and lightweight convenience, weighing only 33 kg. This compact all-in-one solution makes the X20 an ideal choice for home users looking to diversify and intensify their training.

Also in development is the AP01 Race-Grade Treadmill, engineered for high-intensity workouts and virtual racing. With a 3.5 HP continuous-duty motor and a top speed of 12 mph (approx. 19 km/h), it supports everything from aerobic sessions to sprint training. Despite its 42 kg lightweight build, the AP01’s optimized structure delivers high stability and safety. A wide running belt and advanced shock absorption system protect joints, making it ideal for frequent, long-term use. Integrated incline adjustments and smart connectivity allow users to engage in real-time races via PitPat, monitor rankings, and follow personalized training plans—combining speed, competition, and social interaction in one powerful package.

DeerRun AP01 Indoor Foldable High-Speed Smart Treadmill
DeerRun AP01 Indoor Foldable High-Speed Smart Treadmill

DeerRun also introduced the S500 Smart Cycling Bike, crafted for immersive indoor cycling. Supporting Apple Vision Pro, the S500 brings a VR-enhanced experience to indoor rides, simulating lifelike outdoor routes. With 32 magnetic resistance levels, users can train across a full intensity spectrum—from warm-ups to sprints. Despite its professional features, the bike weighs just 19 kg, making it easy to move and store at home.

Committed to making competitive fitness accessible to households worldwide, PitPat continues to innovate the home sports experience. With full system compatibility across DeerRun treadmills, cycling bikes, and other smart gear, PitPat enables users to join a variety of virtual events—including ranked matches, mileage milestones, and 1v1 PK battles—anytime, anywhere. The platform enhances engagement through reward systems, point stores, and achievement incentives, making fitness more fun and sustainable.

In parallel, PitPat is advancing personalized training algorithms, performance tracking, and motivational programs to create a closed-loop experience that spans training, competition, and reward—all within the home environment.

“Our vision is simple: fitness should never be limited by time, space, or equipment,” said Kevin Zhang, Founder of PitPat. “By combining the world’s leading virtual competition platform with DeerRun’s cutting-edge smart fitness devices, we’re bringing the joy of competitive exercise into every household. Our new ‘Home Sports Ecosystem’ not only redefines the home workout experience but gives every individual their own race track—right in their living room. Through tech innovation and platform integration, we aim to inspire more people to move and create a fitness environment that’s fair, engaging, and purpose-driven.”

Looking Ahead: Expanding the Global Reach of Virtual Sports

PitPat remains committed to advancing the integration of virtual competitions and home-based fitness. The platform plans to launch a series of global events and themed fitness seasons over the next year, empowering users to achieve more meaningful milestones and redefining the future of fitness competition for a worldwide audience.

Big Data Expo 2025 to open in Guiyang on August 28

BEIJING, July 23, 2025 /PRNewswire/ — A news report by Huanqiu.com: 

On July 22, the press conference of the China International Big Data Industry Expo 2025 (Big Data Expo 2025 in short) was held at the media conference hall of the National Data Administration.

On July 22, the press conference of the Big Data Expo 2025 was held at the media conference hall of the National Data Administration.
On July 22, the press conference of the Big Data Expo 2025 was held at the media conference hall of the National Data Administration.

The Big Data Expo 2025 is hosted by the National Data Administration, and organized by the Guizhou Provincial People’s Government. Themed “Data Gathers Industrial Momentum, Intelligence Initiates New Development”, the annual expo this year will be staged in Guiyang, Guizhou Province from August 28 to 30.

The Big Data Expo 2025 will closely follow the latest industrial trends and cutting-edge technological progress, and focus on professional exhibitions, along with an opening ceremony, industrial exchanges, competitions and serial characteristic activities, aiming to advance the efficient aggregation, development and utilization of data resources, and inject strong impetus into industrial transformation and upgrading, and high-quality economic development.

Regarding the professional exhibitions, six thematic pavilions will be available on site, including Data Intelligence Navigation, Data Intelligence Infrastructure, Data Intelligence Service, Data Intelligence Application, Data Intelligence Innovation and Data Intelligence Experience, to showcase a number of new technologies, products, solutions and applications of digital economy. At the opening ceremony, government officials, renowned experts, scholars and entrepreneurs from home and abroad will be invited to interpret the most updated industrial policies and share insights on industrial development. The industrial exchanges are scheduled to include more than 20 exchange activities in five sections i.e. Data Elements, Data Industry, Data Economy, Data Infrastructure and International Cooperation. During the industrial competitions, the event organizer plans to work with domestic leading enterprises and professional competition organizers, and set competition topics concerning the in-depth integration of real economy and digital economy, artificial intelligence, homemade software, etc., and organize several enterprise and industrial competitions. The serial characteristic activities will include supply and demand matchmaking, business negotiation, enterprise-featured activity, etc.

The expo this year will uphold the principle of “simple but high-end, concise but impressive”, and highlight the “internationalized, professionalized, and industrialized” features. Under the internationalized feature, an innovative exhibition area dedicated for international supply and demand matchmaking will be provided, along with international matchmaking and exchange activities, to provide digital solutions and experience references for all countries, and jointly boost the coordinated development of digital economy globally. Under the professionalized feature, the event organizer will concentrate on the main thread of “reform on market-oriented allocation of data elements”, set special professional exhibition areas for data infrastructure, data trading, AI and etc., design and organize brainstorming sessions including “a unified national data market”, and release a batch of new policies and regulations, typical cases and pilot demonstrations, as useful attempts to resolve industrial bottlenecks and pain points as well as barriers on the market- and value-oriented development path of the data element market. Under the industrialized feature, various market players will be invited to present debuts of their innovation outcomes at the expo, and sessions like “exchange on data industry development” and “seminar for private enterprises engaged in digital economy” will be organized to promote industrial collaboration, ecological formation and outcome transformation.

BuzzFeed’s Digital Asset Treasury Strategy and Monetization Efforts Proposed By Edge One Capital

RALEIGH, N.C., July 23, 2025 /PRNewswire/ — Edge One Capital discloses its proposal for BuzzFeed by Varun Gupta.

BuzzFeed is at a crucial moment, where it has the chance to create sustainable, long-lasting value. Despite possessing a formidable brand equity, a substantial media footprint, and a wealth of underutilized intellectual property, BuzzFeed has dramatically underperformed relative to its potential. The public markets have lost confidence, not because of a lack of opportunities, but due to missed execution, governance inefficiencies, and strategic inertia.

BuzzFeed can unlock substantial shareholder value through a bold, modern transformation across four key areas:

1. Establish a Digital Asset Treasury Strategy

BuzzFeed’s current balance sheet position, combined with its cultural cache and brand resonance among digital-native audiences, makes it a unique candidate to lead the next era of media and crypto convergence. A growing number of public companies—from MicroStrategy to Strive Asset Management—have adopted digital asset strategies not merely as hedges, but as capital appreciation tools and balance sheet enhancers.

BuzzFeed can allocate a portion of its treasury to Bitcoin or Solana, establishing a Digital Asset Treasury (DAT). This would:

  • Signal strategic forward-thinking to investors
  • Tap into new asset appreciation trends while diversifying the balance sheet.
  • Attract a new demographic of crypto-native retail and institutional shareholders.

BuzzFeed could pursue partnerships with firms aligned with these goals, such as Strive Asset Management, co-founded by Vivek Ramaswamy. Strive is currently going public via Asset Entities, offering a potential alignment of interests. Additionally, BuzzFeed could look to Michael Saylor’s playbook at MicroStrategy, whose Bitcoin-centric capital allocation has radically transformed its investor base and market perception.

Solana presents a unique opportunity not only to grow asset value but also to create staking rewards, which can generate cash flow.

BuzzFeed can go further: acquiring or merging with smaller, cash-rich, or crypto-native companies to consolidate treasury capital while entering new ecosystems and monetizing community engagement through NFTs, creator-based DAOs, or crypto rewards.

2. Immediate Corporate Governance Reforms Are Needed

BuzzFeed’s current corporate governance model has been criticized for its dual-class share structure, lack of board independence, and inadequate capital allocation discipline. As activist investors, we see this not only as a risk but as a problem that can be solved.

We urge the Board to:

  • Sunset or significantly reform the dual-class structure to restore voting equality
  • Appoint independent directors with experience in digital finance, tokenomics, AI, and blockchain strategy.
  • Tie executive compensation more directly to shareholder returns and operational milestones, without immediate vesting.
  • Improve transparency on strategic decisions and resource allocations, particularly regarding BuzzFeed, HuffPost, and new AI initiatives.

If these changes are not made proactively, BuzzFeed risks continued stagnation in its stock price and potential shareholder revolt. One of the unspoken challenges in fixing BuzzFeed’s corporate governance is that any meaningful reform could put Jonah Peretti and other insiders at personal risk—risk of losing control, influence, or even their positions entirely. It’s understandable why there might be hesitation.

Addressing corporate governance challenges will help restore investor confidence and expand access to capital markets for new investors, while also creating opportunities for BuzzFeed. Even a start or attempt to address corporate governance challenges will bolster investor confidence. BuzzFeed has chosen to remain silent on many of the issues that investors, such as Bill Pulte, have brought up. Craven avoidance of engagement must be replaced with open and constructive dialogue with all investors.

3. Monetize Intellectual Property Through Products and Tokenization

BuzzFeed has decades of IP, formats, and viral characters that remain underutilized. From Tasty and Quiz brands to BuzzFeed Unsolved, this content has potential far beyond ad revenue.

The Company should explore:

  • Tokenizing digital IP via NFTs, limited edition creator access passes, or interactive Web3 fan experiences
  • Licensing characters, brands, and formats for physical product lines, games, or metaverse integrations
  • Exploring blockchain-based revenue sharing with creators to deepen loyalty and unlock new monetization models
  • Launching a BuzzToken or TastyCoin tied to exclusive content access, physical merchandise, or fan voting

Additionally, partnering with platforms like Solana could give BuzzFeed a first-mover advantage in media-token convergence, with minimal upfront cost and maximum community upside.

4. Repair Investor Relations

In the last three quarters, the company’s earnings calls have been alarmingly short and uninformative, with one lasting under nine minutes. This level of engagement is simply not enough—if BuzzFeed wants investor support, it must demonstrate that it is putting in the effort to earn it.

To repair credibility and expand its valuation multiple, BuzzFeed must start by holding substantial quarterly calls, providing full Q&A time, discussing financials, AI investments, the BF Island timeline (which has been delayed), and monetization efforts. These changes will rebuild investor confidence and revive support for the stock.

BuzzFeed is a brand with extraordinary cultural cache and financial upside—if bold action is taken. Through a digital asset treasury strategy, governance reform, IP monetization, and improved investor relations, BuzzFeed can shift from stagnation to revival. This is not a media company in decline; it is a modern digital brand waiting to be reborn through better leadership and sharper strategic execution.

Previous Press Releases:

Edge One Capital Sends Letter to BuzzFeed Demanding Overhaul of Governance and Corporate Board

Edge One Capital Highlights Concerns about BuzzFeed’s Governance in Series of Letters to Management

Edge One Capital Takes Stake in BuzzFeed

Previous Letters:

To view the First Letter, click here.
To view the Second Letter, click here.
To view the Third Letter, click here.

About Edge One Capital:
Edge One Capital is an investment firm based in Raleigh, North Carolina, with an emphasis on deep long-term value for all of its investments. For more information, please contact info@edgeonecapital.com or visit www.edgeonecapital.com

BuzzFeed’s Digital Asset Treasury Strategy and Monetization Efforts Proposed By Edge One Capital

RALEIGH, N.C., July 23, 2025 /PRNewswire/ — Edge One Capital discloses its proposal for BuzzFeed by Varun Gupta.

BuzzFeed is at a crucial moment, where it has the chance to create sustainable, long-lasting value. Despite possessing a formidable brand equity, a substantial media footprint, and a wealth of underutilized intellectual property, BuzzFeed has dramatically underperformed relative to its potential. The public markets have lost confidence, not because of a lack of opportunities, but due to missed execution, governance inefficiencies, and strategic inertia.

BuzzFeed can unlock substantial shareholder value through a bold, modern transformation across four key areas:

1. Establish a Digital Asset Treasury Strategy

BuzzFeed’s current balance sheet position, combined with its cultural cache and brand resonance among digital-native audiences, makes it a unique candidate to lead the next era of media and crypto convergence. A growing number of public companies—from MicroStrategy to Strive Asset Management—have adopted digital asset strategies not merely as hedges, but as capital appreciation tools and balance sheet enhancers.

BuzzFeed can allocate a portion of its treasury to Bitcoin or Solana, establishing a Digital Asset Treasury (DAT). This would:

  • Signal strategic forward-thinking to investors
  • Tap into new asset appreciation trends while diversifying the balance sheet.
  • Attract a new demographic of crypto-native retail and institutional shareholders.

BuzzFeed could pursue partnerships with firms aligned with these goals, such as Strive Asset Management, co-founded by Vivek Ramaswamy. Strive is currently going public via Asset Entities, offering a potential alignment of interests. Additionally, BuzzFeed could look to Michael Saylor’s playbook at MicroStrategy, whose Bitcoin-centric capital allocation has radically transformed its investor base and market perception.

Solana presents a unique opportunity not only to grow asset value but also to create staking rewards, which can generate cash flow.

BuzzFeed can go further: acquiring or merging with smaller, cash-rich, or crypto-native companies to consolidate treasury capital while entering new ecosystems and monetizing community engagement through NFTs, creator-based DAOs, or crypto rewards.

2. Immediate Corporate Governance Reforms Are Needed

BuzzFeed’s current corporate governance model has been criticized for its dual-class share structure, lack of board independence, and inadequate capital allocation discipline. As activist investors, we see this not only as a risk but as a problem that can be solved.

We urge the Board to:

  • Sunset or significantly reform the dual-class structure to restore voting equality
  • Appoint independent directors with experience in digital finance, tokenomics, AI, and blockchain strategy.
  • Tie executive compensation more directly to shareholder returns and operational milestones, without immediate vesting.
  • Improve transparency on strategic decisions and resource allocations, particularly regarding BuzzFeed, HuffPost, and new AI initiatives.

If these changes are not made proactively, BuzzFeed risks continued stagnation in its stock price and potential shareholder revolt. One of the unspoken challenges in fixing BuzzFeed’s corporate governance is that any meaningful reform could put Jonah Peretti and other insiders at personal risk—risk of losing control, influence, or even their positions entirely. It’s understandable why there might be hesitation.

Addressing corporate governance challenges will help restore investor confidence and expand access to capital markets for new investors, while also creating opportunities for BuzzFeed. Even a start or attempt to address corporate governance challenges will bolster investor confidence. BuzzFeed has chosen to remain silent on many of the issues that investors, such as Bill Pulte, have brought up. Craven avoidance of engagement must be replaced with open and constructive dialogue with all investors.

3. Monetize Intellectual Property Through Products and Tokenization

BuzzFeed has decades of IP, formats, and viral characters that remain underutilized. From Tasty and Quiz brands to BuzzFeed Unsolved, this content has potential far beyond ad revenue.

The Company should explore:

  • Tokenizing digital IP via NFTs, limited edition creator access passes, or interactive Web3 fan experiences
  • Licensing characters, brands, and formats for physical product lines, games, or metaverse integrations
  • Exploring blockchain-based revenue sharing with creators to deepen loyalty and unlock new monetization models
  • Launching a BuzzToken or TastyCoin tied to exclusive content access, physical merchandise, or fan voting

Additionally, partnering with platforms like Solana could give BuzzFeed a first-mover advantage in media-token convergence, with minimal upfront cost and maximum community upside.

4. Repair Investor Relations

In the last three quarters, the company’s earnings calls have been alarmingly short and uninformative, with one lasting under nine minutes. This level of engagement is simply not enough—if BuzzFeed wants investor support, it must demonstrate that it is putting in the effort to earn it.

To repair credibility and expand its valuation multiple, BuzzFeed must start by holding substantial quarterly calls, providing full Q&A time, discussing financials, AI investments, the BF Island timeline (which has been delayed), and monetization efforts. These changes will rebuild investor confidence and revive support for the stock.

BuzzFeed is a brand with extraordinary cultural cache and financial upside—if bold action is taken. Through a digital asset treasury strategy, governance reform, IP monetization, and improved investor relations, BuzzFeed can shift from stagnation to revival. This is not a media company in decline; it is a modern digital brand waiting to be reborn through better leadership and sharper strategic execution.

Previous Press Releases:

Edge One Capital Sends Letter to BuzzFeed Demanding Overhaul of Governance and Corporate Board

Edge One Capital Highlights Concerns about BuzzFeed’s Governance in Series of Letters to Management

Edge One Capital Takes Stake in BuzzFeed

Previous Letters:

To view the First Letter, click here.
To view the Second Letter, click here.
To view the Third Letter, click here.

About Edge One Capital:
Edge One Capital is an investment firm based in Raleigh, North Carolina, with an emphasis on deep long-term value for all of its investments. For more information, please contact info@edgeonecapital.com or visit www.edgeonecapital.com

Asia Pacific Enterprise Awards and Asia Responsible Enterprise Awards 2025 China Chapter Celebrates Exemplary Business Excellence and Responsible Leadership


SHANGHAI, CHINA – Media OutReach Newswire – 23 July 2025 – The Asia Pacific Enterprise Awards (APEA) and Asia Responsible Enterprise Awards (AREA) China Chapter successfully concluded its latest edition, honoring the nation’s most exceptional enterprises and visionary business leaders at the forefront of innovation, resilience, and sustainable growth in an increasingly dynamic economy. Organized by leading regional NGO, Enterprise Asia, the prestigious dual awards ceremony took place at Grand Hyatt Shanghai on 11 July 2025.

The joint awards ceremony recognized outstanding enterprises and entrepreneurs who exemplify business excellence, leadership, and social responsibility in navigating disruption and embracing the green, inclusive economy of tomorrow.

A rigorous evaluation process, led by a distinguished panel of judges, assessed over 150 nominees across eight categories for the AREA and four categories for the APEA. The AREA recognized exemplary leaders and enterprises that have demonstrated an unwavering commitment to sustainability and responsible business practices. In parallel, the APEA honored exceptional organizations and entrepreneurs who exhibited exceptional business performance, strategic foresight, and visionary leadership in navigating today’s dynamic business landscape.

In his welcome address, Datuk William Ng, Vice Chairman of Enterprise Asia, stated, “In an era marked by unprecedented challenges and transformation, it is the enterprises and leaders who dare to innovate, uphold responsible business values, and commit to sustainable progress that will define the future. Tonight, we are here to celebrate not just their business success, but their resilience, foresight, and positive impact on society and the environment.”.

Among the outstanding AREA award recipients, Town Ray Electrical (Huizhou) Limited received the award under the Green Leadership category for its exemplary environmental stewardship. The company achieved significant results by upgrading waste gas treatment, using low-VOC coating materials, adopting energy-saving equipment, and installing photovoltaic systems. These efforts reduced VOC emissions by 3.699 tons, saved 480 tons of standard coal, cut carbon emissions by 2,792 tons, reduced hazardous waste by 15%, and achieved 100% packaging recycling. The above achievements have also enabled the company to make contributions to society in the field of sustainable development.

E.SUN Bank (China) Company, Ltd.’s strong governance, transparency, and accountability have earned it a two-time win in the Corporate Governance category. The bank leads with practices exceeding regulatory standards, including fully recorded Board meetings, independent performance reviews, and a well-indexed annual report. It has received favorable evaluations three times in corporate governance assessments among banks and insurers and maintained over 98% customer satisfaction for three consecutive years.

Demonstrating its strong commitment to responsible banking, Bank of China (Hong Kong) Limited (“BOCHK”) earned dual honours in the Social Empowerment and Corporate Sustainability Reporting categories. Since 2016, the ‘BOCHK x Food Angel’ initiative has benefited over 210,000 people, recycled 8,800 tonnes of surplus edible food, and produced over 2.1 million meals. These efforts have reduced food waste and supported community dignity through innovations such as the ‘Self-serve Station’. Meanwhile, BOCHK’s has also established a robust sustainability governance framework and its Sustainability Reports strictly align with GRI standards, HKEX’s ESG Guide and follow guidelines such as TCFD, SASB and SDGs. The Reports have also been verified by an independent third party with reasonable assurance.

One of the world’s leading aluminum producers, China Hongqiao Group Co., Ltd., also marked a key milestone in its ESG journey with its win in the Corporate Sustainability Reporting category. Guided by a robust ESG governance framework, its latest sustainability report outlines the ambitious ‘2555 dual carbon’ targets—peaking emissions by 2025 and achieving net-zero by 2055—alongside goals such as increasing green electricity usage to 70% by 2030 and reducing aluminum carbon intensity by 40%. The report highlights extensive stakeholder engagement, reinforcing the Group’s commitment to transparency, accountability, and long-term value creation.

Further exemplifying leadership in social responsibility, Techtronic Industries (TTI) was recognized under the Social Empowerment category for its transformative initiative, ‘Building Resilience, Empowering Communities’. In partnership with Habitat for Humanity, the project addressed environmental, poverty, and infrastructure challenges by building eight new homes, renovating 20 others in Go Cong and Thai Nguyen, and improving WASH infrastructure for more than 1,800 individuals. Through the Participatory Approach for Safe Shelter Awareness (PASSA) and active employee volunteerism, TTI embedded sustainable development into its core strategy while fostering lasting community impact.

Meanwhile, other esteemed winners of the AREA included industry leaders such as Alibaba’s Taobao Tmall Group: Xianyu Platform; China Construction Bank Corporation; JD.com, Inc.; Ping An Bank Co., Ltd.; Qisda Corporation, among others. In the APEA segment, notable winners included Kaishan Group Co., Ltd. and CTF Services Limited, recognized for their unparalleled achievements in business excellence.

The APEA and AREA 2025 China Chapter were co-organized by Enterprise Accelerator Co., Ltd. and proudly supported by the Hong Kong Young Industrialists Council Limited (HKYIC), International Chamber of Commerce – Hong Kong (ICC-HK), MayCham China in Shanghai, Shanghai Chamber of Commerce in Guangzhou, SingCham Shanghai, and Strategic Public Relations Group. PR Newswire is the official news release distribution partner, with Dailywire.asia as the official media partner and Osin Au Pty Ltd as the official beverage sponsor.

AWARD RECIPIENT LIST OF THE ASIA RESPONSIBLE ENTERPRISE AWARDS (AREA) 2025 CHINA CHAPTER
SOCIAL EMPOWERMENT CATEGORY
ORGANIZATION WINNING ESG PROGRAM
BANK OF CHINA (HONG KONG) LIMITED BOCHK X FOOD ANGEL: INNOVATIVE FOOD ASSISTANCE FOR COMMUNITY
JD.COM,INC. JD.COM HELPS RURAL REVITALIZATION WITH DIGITAL SUPPLY CHAIN
KINGNET NETWORK CO., LTD. KAIXIN PHILANTHROPHY – RURAL CHILDREN GUARDIANSHIP PROGRAM
TECHTRONIC INDUSTRIES COMPANY LIMITED BUILDING RESILIENCE, EMPOWERING COMMUNITIES
INVESTMENT IN PEOPLE CATEGORY
ORGANIZATION WINNING ESG PROGRAM
CHINA CONSTRUCTION BANK CORPORATION CHINA CONSTRUCTION BANK HUMAN RESOURCES DEVELOPMENT PRACTICES

GREEN LEADERSHIP CATEGORY
ORGANIZATION WINNING ESG PROGRAM
GUANGZHOU LIBY ENTERPRISE GROUP CO., LTD. “GREEN FUTURE ⋅ NET ZERO LIBY” CLIMATE ACTION
KAISHAN GROUP CO.,LTD. CONSERVING OUR PLANET
PING AN BANK CO., LTD. PING AN BANK’S FINANCING SUPPORT FOR HBIS GREEN TRANSFORMATION PROGRAM
TOWN RAY ELECTRICAL (HUIZHOU) LIMITED SMART INNOVATION FOR A LOW-CARBON FUTURE
ZHENSHI HOLDING GROUP GREEN ENERGY SURGES — BOUNDLESS POTENTIAL
CORPORATE GOVERNANCE CATEGORY
ORGANIZATION WINNING ESG PROGRAM
AUTOHOME INC. AUTOHOME SUSTAINABLE CORPORATE GOVERNANCE
BUDWEISER BREWING COMPANY APAC LIMITED GOVERNANCE FRAMEWORK
E.SUN BANK (CHINA) COMPANY,LTD. THOROUGH CORPORATE GOVERNANCE & EASY-TO-BE UNDERSTOOD AND DETAILED DISCLOSURE OF INFORMATION

CIRCULAR ECONOMY LEADERSHIP CATEGORY
ORGANIZATION WINNING ESG PROGRAM
ALIBABA’S TAOBAO TMALL GROUP: XIANYU PLATFORM XIANYU LEVERAGES TECHNOLOGY TO PROMOTE CIRCULAR ECONOMY AND SHAPE SUSTAINABLE CONSUMPTION FOR THE NEXT GENERATION
BUDWEISER BREWING COMPANY APAC LIMITED CIRCULAR PACKAGING
GRANDBLUE ENVIRONMENT CO., LTD. GRANDBLUE MODEL EMPOWERS WASTE-FREE CITIES TO CREATE A CIRCULAR ECONOMY BENCHMARK
QISDA CORPORATION FROM WASTE TO WEALTH: QISDA’S CIRCULAR TRANSFORMATION

CORPORATE SUSTAINABILITY REPORTING CATEGORY
ORGANIZATION WINNING ESG PROGRAM
BANK OF CHINA (HONG KONG) LIMITED SUSTAINABILITY REPORT 2024
CHINA HONGQIAO GROUP LIMITED SMART ALUMINUM FUTURE: INTELLIGENT AI FACTORY LEADS GREEN TRANSFORMATION

AWARD RECIPIENT LIST OF THE ASIA PACIFIC ENTERPRISE AWARDS (APEA) 2025 CHINA CHAPTER
CORPORATE EXCELLENCE CATEGORY
COMPANY INDUSTRY
CTF SERVICES LIMITED CONSTRUCTION
KAISHAN GROUP CO.,LTD. MANUFACTURING

Hashtag: #Business #Sustainability #ESG




Wechat: Enterprise Asia 亚洲企业商会

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About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. Please visit for more information.