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Bybit Web3 Livestream: Meme Lords and AI Masterminds to Face Off in Epic Roast Battle

DUBAI, UAE, Jan. 21, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is orchestrating an intellectual sparring match between Web3’s AI luminaries. The upcoming livestream “Web3 Roasts: Are AI Memes Just Hype or the Real Deal?” offers the perfect occasion for meme and AI skeptics: users in the audience may tune in to watch top projects make their case for AI’s role in Web3, and the robustness of GoPlus Security’s Web3 security solution, and join the “Debunk Squad” for a chance to win from a $1,000 prize pool in AI meme tokens.

When and Where

In what promises to be the spiciest Web3 livestream in 2025, the worlds of artificial intelligence and internet meme culture are about to collide on Jan. 23, 2024 at 5AM UTC on Bybit Livestream. MK Chin, Head of Marketing at Bybit Web3, will referee this virtual sparring match  and showcase both the triumph and folly of artificial intelligence in the memescape. The following speakers and creators will be braving the roast session:

  • Luna, AI Idol at Luna by Virtuals
  • Solomon, CMO at Moonpump
  • Patrick, Marketing Comms Lead at GoPlus Security
  • Victoria, Head of APAC at VANA

What to Expect

The audience will witness the hottest takes and the coldest burns exchanged between some of the most high profile AI projects in Web3. The cerebral interactive sessions will explore everything from accidental masterpieces to spectacular AI fails, challenging the synthetic minds that are shaping the meme culture of the times.

The agenda is a crash course in the AI meme evolution of 2024, featuring unsparing critique sessions that challenge the existential quandaries of AI agents and the occasionally questionable aesthetics of the meme economy. It is up to the projects to defend their honor and demystify their AI magic in front of a live audience. 

The audience will also get to defend their favorite project in the debate—$1,000 prize pool in AI meme tokens will be unlocked by the top 50 live chat participants with the wittiest commentary.

Utility, Community, Sustainability, and Security

Rising to the intellectual gauntlet, the speakers will be debunking common myths and take the audience on an adventure to AI’s tokenized future and security landscape. The discourse touches on real-world applications of trending AI tokens, heartwarming and inspiring tales of community triumph, and culminates in their ambitious visions for 2025 and beyond.

“AI has basked in glamor in the past year. We are keeping it real in Web3 by introducing it to the ruthless and chaotic energy of meme culture,” says MK Chin, Bybit Web3 Evangelist. “Expect plenty of ‘neural network walks into a bar’ jokes and maybe even AI Web3 mishaps that are too good not to share.”

To sign up for the livestream, users may visit the event page for a chance to debate and win AI tokens.

Bybit Web3 Livestream: Meme Lords and AI Masterminds to Face Off in Epic Roast Battle
Bybit Web3 Livestream: Meme Lords and AI Masterminds to Face Off in Epic Roast Battle

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit Web3, please visit Bybit Web3.

About Bybit

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

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

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ARMswap Launches its DeFi Platform

VILNIUS, Lithuania, Jan. 21, 2025 /PRNewswire/ — The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges.

Simplifying Cross-Chain Transactions

“The fragmentation of blockchain networks has been a critical issue, and users were compelled to navigate through various DEXs and third-party bridges to perform a single cross-chain transaction,” notes the CTO of ARMswap. “ARMswap’s launch represents a watershed moment in addressing this fragmentation that has constrained Defi’s evolution.”

ARMswap’s architecture, validated through rigorous security audits by the leading Blockchain security firm Hashlock, combines advanced cryptographic protection for user funds. ARMswap’s protocol delivers secure and rapid swap/bridge operations, setting new industry benchmarks for transaction processing efficiency.

The platform supports 31 blockchains and their native coins in its V1 launch in Jan 2025, with plans for expansion to include more blockchains every quarter.

In V2, ARMswap will integrate with protocols like Chainlink, Axelar network, Layer zero, Wormhole, etc., to provide extensive coverage of EVM & non-EVM chains. In V3, Armswap will introduce its own framework for relayers and oracles for seamless interoperability across Web3.

ARMSP Fair Launch

ARMswap is launching its utility token, ARMSP, in Jan 2025, incentivizing liquidity providers to actively participate in the ecosystem and to share platform and pool returns with the platform participants.

ARMswap is also releasing its DeFi Mobile App (IOS & Android) in March 2025, enabling users to connect their existing wallets and perform swap transactions and participate in liquidity pools and rewards.

Limited Supply 

Join the ARMswap V1 platform and participate in the ARMSP token Fair Launch on 13th Jan 2025, with a limited supply of 400 million tokens out of 1.25 billion max supplies. Early participants can enjoy bonuses and earn rewards through the ARMswap MVP program. After a 12-month vesting period, ARMSP will be listed on all major exchanges globally.

About ARMswap:

ARMswap UAB simplifies cross-chain asset transfers and brings the power of Web3 and the de-centralization of blockchains into our daily lives and businesses.

Website: www.armswap.com 

For Media Inquiries:
Contact Name: Husnain Aslam
Title: Chief Technology Officer
Email: media@armswap.com 

Gravity Announces $13M in Series A Funding to Automate Reporting and Accelerate Energy Optimization

Round led by Ansa Capital underscores industry need for an end-to-end carbon accounting platform that engages overlooked industries and drives business impact

SAN FRANCISCO, Jan. 21, 2025 /PRNewswire/ — Gravity, the leading enterprise carbon accounting and energy management platform, today announced a $13M Series A funding round, bringing the company’s total funding to over $20M. The round was led by Ansa Capital, with participation from existing investors Eclipse, Hanover, and Caffeinated Capital, along with new investors Communitas Capital, Buoyant Ventures, and WEX Venture Capital. As part of the round, Marco DeMeireles, Co-Founder and Managing Partner of Ansa Capital, will join Gravity’s board of directors.

Amidst a surge in carbon reporting requirements, sustainability teams are drowning in disclosure obligations, with little business impact to show for their efforts. With the majority of their time and resources spent on reporting and stakeholder engagement, there is little focus on action, which leads to companies leaving an estimated $2T on the table in energy efficiency savings alone. Gravity addresses this challenge head-on by delivering a carbon management solution that automates data collection and reporting, while empowering companies, even those in critical hard-to-abate industries, to reduce their energy consumption and costs.

“Too often, sustainable disclosure is a manual, time-consuming chore that’s detached from evergreen business priorities. Ultimately, behind every ton of emissions is a cost – whether it’s energy spend, logistics investments, or purchased goods and services,” says Saleh ElHattab, CEO and Co-Founder of Gravity. “Gravity taps into the fact that these cost centers are already well-tracked and can be measured automatically, while connecting the task of reporting back to every company’s core financial priorities of cost and risk mitigation. Reporting should be easy and connected to business value.”

Unlike other platforms that require manual data entry, Gravity automates data collection and calculates audit-ready sustainability reports, offering a frictionless experience that has convinced over 60% of Gravity’s customers to switch from other providers. Gravity’s industry-leading data collection capabilities seamlessly integrate with each customer’s existing energy tracking, supplier engagement, ESG measurement, and reporting modules, dramatically lowering their compliance burden and time spent on disclosure. One customer reported that Gravity’s AI-powered bill scanning saved them an estimated 4,600 hours — or 578 days of work — annually.

Gravity’s platform also turns the act of reporting into one of value creation. Through energy audits, financing partnerships, and a marketplace of trusted vendors, Gravity is a one-stop shop for companies to execute projects that improve balance sheets by enhancing energy efficiency and unlocking new electrification and energy storage opportunities. One Gravity project – an HVAC optimization for a Midwestern utility – saved the customer over $2M annually. Another project, for a vertically integrated developer in Nevada, secured over $1M in federal incentives for construction improvements that were both sustainable and modernizing.

“Gravity is the first platform we’ve seen successfully leverage LLMs to automate emissions reporting for large-scale organizations and turn carbon accounting into a value driver by identifying and executing cost-saving opportunities through their marketplace,” said Marco DeMeireles, Co-Founder and Managing Partner at Ansa Capital. “With a founding team that combines deep industrial expertise with world-class climate strategy and engineering excellence, we believe Gravity will be instrumental in helping the largest emitters move beyond emissions calculation to actively managing their energy costs through pragmatic, high-ROI actions on one convenient platform.”

The solution has struck a chord with the market, driving 400% year-over-year revenue growth. Gravity works with Fortune 500 companies, global enterprises, and leading private equity firms, including WM, Autodesk, and MiddleGround Capital. It is also supporting the companies that make up their supply chains and portfolios, including construction firms like McCarthy Holdings, Inc.; distributors like TTI, Inc., a Berkshire Hathaway Company; and metals suppliers like Wisconsin Aluminum Factory.

“We chose Gravity because it was the only solution that truly automated the data ingestion process and empowered us to go beyond reporting to reduce costs and increase business resilience,” explains Sachin Shivaram, CEO of Wisconsin Aluminum Factory. “Thanks to Gravity, we are executing energy projects that deliver over $400,000 in annual savings, more than paying for itself. The team consistently goes above and beyond to anticipate our business needs, shepherding us through a journey that would have otherwise been very difficult.”

Gravity plans to invest the Series A funds in product research and development as the company expands its carbon management solution and customer experience. In particular, Gravity will double down on its energy efficiency marketplace, making it easier for customers to identify and implement energy efficiency projects and introducing new decarbonization and financing partners. The company will also expand its team in the US and EU to deliver the platform to new markets and empower customers to meet new regulatory reporting requirements.

To learn about Gravity’s solution and see the platform, visit their website here.

About Gravity
Gravity is an end-to-end carbon accounting and energy management solution that aligns sustainability and business impact. Built for energy-intense operations and companies with complex supply chains, Gravity empowers the world’s makers and leading institutions to easily comply with emissions reporting requirements, win over customers, and reduce costs by optimizing energy use. With industry-leading technology, Gravity ensures customers can navigate the changing regulatory environment with confidence and execute projects that drive meaningful energy reductions, while protecting – and enhancing – their bottom line. Learn more and arrange a demo at www.gravityclimate.com.

About Ansa Capital
Ansa Capital makes high-conviction, thesis-driven investments in technology companies scaling from early venture to early growth. Backed by leading institutions, including Princeton and Accolade Partners, we focus on investing in new markets, innovative distribution models, and modern software tools—serving as the hub for tomorrow’s leading companies, operators, and ideas. We leverage our prior experience as partners to companies like CrowdStrike, Coinbase, Zscaler, and Peloton to support our operators’ evolution into category definers. Our commitment extends beyond capital: our team and network of advisors aid founders in operational scaling, while our Revenue Council of experienced go-to-market leaders provides indispensable tools and resources to accelerate the path to market leadership. Our ambition is to be your most aligned and impactful partner. Learn more at www.ansa.co

 

CommerceDotCom (CDC) Supports UiTM’s Hydrogen-Powered Urban Concept Vehicle for Shell Eco-Marathon 2025

CommerceDotCom: Championing Sustainable Innovation


SELANGOR, MALAYSIA – Media OutReach Newswire – 21 January 2025 – CommerceDotCom (CDC) is proud to collaborate with researchers from the College of Engineering, Universiti Teknologi MARA (UiTM), in their research to develop an innovative hydrogen-powered urban concept vehicle. Earlier today, a formal signing collaboration ceremony was held with the College of Engineering to initiate this partnership, marking a significant milestone in empowering the engineering field.

Hafidz Bin Ahmad Zehnun, VP of Corporate Planning & Communication, at CDC (center), with the UiTM team and their hydrogen-powered vehicle at the flag-off in UiTM Shah Alam for Shell Eco-Marathon 2025 in Doha, Qatar
Hafidz Bin Ahmad Zehnun, VP of Corporate Planning & Communication, at CDC (center), with the UiTM team and their hydrogen-powered vehicle at the flag-off in UiTM Shah Alam for Shell Eco-Marathon 2025 in Doha, Qatar

This collaboration builds upon a strong legacy of success. In 2014, CDC partnered with UiTM’s Faculty of Mechanical Engineering on the Eco-Planet team, which secured first place in the Hydrogen Fuel Cell Urban Concept category at the Shell Eco-Marathon Asia in Manila, Philippines. That same year, UiTM’s Faculty of Electrical Engineering, under the Eco-Sprint team, emerged as champions by securing first place in the Prototype category, further solidifying UiTM’s reputation for excellence in green innovation on an international stage.

Ten years later, in 2024, the research collaboration has come full circle. Led by senior lecturer Ts. Dr. Mohamad Farid Misnan, postgraduate student Syed Mohd Harussani and UiTM research team, with over a decade of experience in the Shell Eco-Marathon (SEM), is embarking on an exciting new chapter. The team’s latest innovation in fuel cell technology, an urban concept electric vehicle named the UITM-CDC H2 Truck, is set to redefine efficiency and sustainability in the Urban Concept category at SEM 2025, scheduled to take place from February 8–12 in Doha, Qatar. With this renewed partnership, CDC is proud to support UiTM in innovating research the UITM-CDC H2 Truck and showcasing their expertise on the global stage at SEM 2025.

According to Ts. Dr. Mohamad Farid Bin Misnan, “SEM 2025 is more than just a competition; it’s a platform for showcasing the complete research quadruple helix model and the potential of sustainable technology. Our participation not only reinforces UiTM’s reputation for innovation but also highlights our local Malaysia’s capability to lead advancements in green technology.

CommerceDotCom: Championing Sustainable Innovation
CDC’s involvement underscores its dedication to fostering environmentally friendly technologies and driving meaningful progress in clean energy. By supporting the development of the UITM-CDC H2 Truck, CDC aligns with initiatives that prioritise innovation, sustainability, and future-ready solutions.

“CommerceDotCom is proud to support UiTM’s research efforts to bring Malaysia’s engineering talent to the global stage,” said Hafidz Ahmad Zehnun, Vice President of Corporate Division. “Collaborations like this reflect the importance of industry-academia partnerships in creating a greener future.”

This project exemplifies the power of partnerships between academia, industry, and future engineers. As a strategic collaborator, CDC, alongside Myrenergy Sdn Bhd and Racing Boy, provides the resources and expertise needed to refine the UITM-CDC H2 Truck’s design and performance capabilities. With the support of committed partners like CDC, this initiative highlights how collaboration can inspire future generations of engineers and innovators while driving meaningful change.

Revolutionising Sustainable Transportation
The UITM-CDC H2 Truck is a groundbreaking hydrogen-powered vehicle designed to operate entirely on clean hydrogen energy, eliminating harmful emissions. Tailored to diverse applications, such as logistics, deliveries, and community services, the truck reduces reliance on fossil fuels and supports sustainable business practices.

With its lightweight build, optimised aerodynamics, and zero-emission operation, the UITM-CDC H2 Truck paves the way for cleaner cities and a healthier environment for future generations, showcasing the potential of hydrogen technology in sustainable transportation.
Hashtag: #commercedotcom #Innovation #Technologies #UiTM #SustainableTransportation #ShellEcoMarathon2025




The issuer is solely responsible for the content of this announcement.

About Commerce Dot Com Sdn Bhd

Established in 1999 as a procurement solutions provider, Commerce Dot Com Sdn. Bhd. (CDC), has established itself as among the leading procurement solutions providers in Malaysia and has a well-earned reputation for providing exceptional services through its innovative solutions. In 2024, CDC proudly celebrates its 25th anniversary, marking a quarter-century of excellence and commitment to advancing procurement practices in Malaysia.

As the premier procurement leader, CDC remains dedicated to upholding integrity, transparency, and efficiency in all its operations. Additionally, CDC distinguishes itself by offering comprehensive service training, ensuring that clients not only receive top-quality products but also benefit from ongoing support to maximise their utilisation.

For any enquires on trainings please contact +603 7985 7777. For more info, please visit .

About UITM-CDC H2 EV RESEARCH TEAM

The UITM-CDC H2 EV Research Team is led by Ts. Dr. Mohamad Farid Misnan. The team comprises members from the School of Electrical Engineering, the School of Mechanical Engineering, and the School of Chemical Engineering. Their research aims to develop an innovative hydrogen-powered urban concept vehicle, showcasing the complete research quadruple helix model and the potential of sustainable technology.

Their mission is to design and build energy-efficient vehicles that demonstrate the potential of sustainable transportation while inspiring the next generation of engineers with a strong focus on innovation.

The UITM-CDC H2 EV Research Team also supports student activities through the student club, which includes two main teams: Eco Planet and Eco Sprint. These teams are designed to provide a comprehensive skill set for engineering students, fostering practical experience and innovative thinking.

For any enquires on research collaboration please contact

HIGHWAY HOLDINGS REPORTS FISCAL YEAR 2025 THIRD QUARTER AND NINE MONTH RESULTS

  • 21% YoY Increase in Revenue for the Fiscal Year 2025 Nine Months

HONG KONG, Jan. 21, 2025 /PRNewswire/ — Highway Holdings Limited (Nasdaq: HIHO) (the “Company” or “Highway Holdings”) today reported financial results for its fiscal third quarter 2025 and fiscal nine months ended December 31, 2024, with a 21% increase in revenue and a $0.05 increase in diluted earnings per share for the nine months results of fiscal year 2025, compared to the year ago period.

Net revenue for the third quarter of fiscal year 2025 decreased 13.5% to $1.9 million compared with $2.2 million in the year ago period. Net income for the third quarter of fiscal year 2025 decreased to $92,000, or $0.02 per diluted share, compared with $348,000 or $0.08 per diluted share in the year ago period.

Net revenue for the first nine months of fiscal year 2025 increased 21% to $5.9 million, compared with $4.9 million in the year ago period. Net income for the first nine months of 2025 was $421,000, or $0.1 per diluted share, compared with a net income of $223,000, or $0.05 per diluted share for the year ago period.

Roland Kohl, chairman, president and chief executive officer of Highway Holdings, said, “While our revenue growth was healthy for the first nine months of fiscal year 2025, the overall near-term situation remains generally challenged as previously reported. Being an OEM manufacturer, we depend on the business health and quality of our customers. We are seeing some encouraging signs at specific customers, but the broader rebound has been slowed by the uncertain macro environment, following the fallout of COVID, as orders for customer products have been adversely impacted by the Russia/Ukraine war, the conflict in the Middle East, and uncertainty around potential policy changes from the incoming new administration in the U.S. It remains to be seen how much of the uncertainty and paused demand will be short-term in nature.”

“Longer-term, we see market changes as a positive and a better option than being stuck in neutral. We are optimistic and focused on leveraging the company’s strengths, customer relationships, highly valued experience and healthy financial position to benefit from the eventual uptick in demand and build value for shareholders. As noted last quarter, as part of our business growth strategy, we are evaluating numerous possible ventures, which could substantially improve the Company’s future. This includes diligently working a new restructured deal with Synova to reflect the significantly changed market situation. We are separately evaluating other potential strategic transactions regarding both direct and indirect manufacturing outside of Asia which may benefit our company and our customers. Lastly, we are working diligently on creating a new second line of business to help drive growth and diversification. We are confident that with our present efforts we will be less reliant on the business health our customers. In this respect, we are cautiously optimistic that the company is on the right track for a better future as we continue to build on our track record of success over the long-term.”

Select Additional Financial Results:

Gross margin for the third quarter of fiscal year 2025 was 34 percent, compared to 41 percent in the year ago period, mainly reflecting the impact of a different product mix with various margin levels particularly for a large game console customer. Gross margin for the first nine months of fiscal year 2025 increased 250 basis points to 36.5 percent, compared to 34 percent in the year ago period, with the improvement led by higher revenue and slight rebound in utilization levels.

The Company reported a $144,000 currency exchange gain for the first nine months of fiscal year 2025, compared with a $58,000 currency exchange gain in the year ago period, primarily due to the weakening of the Chinese RMB and Myanmar Kyat. The Company does not engage in currency exchange rate hedging, and the fluctuation in the exchange rate of the RMB and Kyat are expected to affect the Company’s future results.

The Company’s balance of cash at December 31, 2024 was approximately $5.2 million, or a balance of cash of approximately $1.19 per diluted share.

The Company’s current ratio was 2.56:1 at December 31, 2024.

About Highway Holdings 

Highway Holdings is an international manufacturer of a wide variety of quality parts and products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings’ administrative offices are located in Hong Kong and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. For more information visit website www.highwayholdings.com.

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements, which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company’s revenues, operations, markets, products and prices, the impact of the worldwide COVID-19 pandemic, and other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.

(Financial Tables Follow)

 HIGHWAY HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated Statement of Income

(Dollars in thousands, except per share data)

(Unaudited)

Three Months Ended

Nine Months Ended

December 31,

December 31,

2024

2023

2024

2023

Net sales

$1,929

$2,232

$5,925

$4,901

Cost of sales

1,259

1,310

3,760

3,219

Gross profit

670

922

2,165

1,682

Selling, general and administrative expenses

666

679

2,048

1,728

Operating income

4

243

117

(46)

Non-operating items

Exchange gain /(loss), net

48

27

144

58

Interest income

44

63

147

156

Gain/(Loss) on disposal of assets

3

16

Other income/(expenses)

4

8

16

14

Total non-operating income/ (expenses)

96

101

307

244

Net income before income tax and non-controlling
interests

100

344

424

198

Income taxes

1

7

Net income before non-controlling interests

100

345

424

205

Less: net gain attributable to non-controlling interests

(8)

3

(3)

18

Net income attributable to Highway

Holdings Limited’s shareholders

92

348

421

223

Net Gain/ (loss) per share – Basic                     

$0.02

$0.08

$0.10

$0.05

Net Gain/ (loss) per share – Diluted                    

$0.02

$0.08

  

$0.10

$0.05

Weighted average number of shares outstanding  

Basic

4,402

4,386

4,398

4,314

Diluted

4,402

4,396

4,398

4,323

HIGHWAY HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated Balance Sheet

(Dollars in thousands, except per share data)

(unaudited)

Dec 31,

(audited)

Mar 31,

2024

2024

Current assets:

Cash and cash equivalents

$5,235

$6,601

Accounts receivable, net of doubtful accounts

1,959

1,253

Inventories

1,469

1,566

Prepaid expenses and other current assets

402

226

Total current assets

9,065

9,646

Property, plant and equipment, (net)

53

Operating lease right-of-use assets

1,012

1,375

Long-term deposits

206

202

Long-term loan receivable

95

95

Investments in equity method investees

Total assets

$10,431

$11,318

Current liabilities:

Accounts payable

$953

$935

Operating lease liabilities, current

633

588

Other liabilities and accrued expenses

1,402

1,789

Income tax payable

490

480

Dividend payable

67

45

Total current liabilities

3,545

3,837

Long term liabilities:

Operating lease liabilities, non-current

351

803

Long term accrued expenses

40

40

Total liabilities

3,936

4,680

Shareholders’ equity:

Preferred shares, $0.01 par value

Common shares, $0.01 par value

44

44

Additional paid-in capital

12,169

12,117

Accumulated deficit

(5,124)

(5,015)

Accumulated other comprehensive income/(loss)

(590)

(501)

Non-controlling interest

(4)

(7)

   Total shareholders’ equity

6,495

6,638

Total liabilities and shareholders’ equity

$10,431

$11,318

Baleaf Unveils Freeleaf SS2025 Collection in Collaboration with Broadway Performers

NEW YORK, Jan. 21, 2025 /PRNewswire/ — Activewear brand Baleaf proudly launches its Freeleaf SS2025 Collection, a groundbreaking collaboration with Broadway performers, kicking off the new year with a celebration of creativity, self-expression, and empowerment. The collection, themed “Movement as Melody, Freedom as Art,” reimagines every moment of physical activity—from yoga to dance and fitness—as an opportunity for artistic expression. Inspired by the artistry of Broadway, Baleaf’s Freeleaf collection encourages individuals to embrace their strength, individuality, and confidence, blending activewear with artistic movement to celebrate personal freedom and fluidity.

This exclusive collaboration features a dynamic ensemble of Broadway performers, including Lorna A. Courtney, Emily Jeanne Phillips, Keri René Fuller, Jenny Mollet, Dabria Aguilar, Heather Klobukowski, and Youngsil Kim. These remarkable artists bring the collection to life with their mastery of storytelling through movement. Leading the campaign is Lorna A. Courtney, acclaimed for her breakout role as Juliet in the Tony-nominated musical & Juliet. A Tony Award nominee and Clive Barnes Award winner, Lorna’s emotional depth and graceful artistry set the perfect tone for this partnership. Joining her are Emily Jeanne Phillips, a celebrated dancer and choreographer, and Jenny Mollet, an accomplished actress and dancer known for her roles in The Color Purple and Jesus Christ Superstar.


“We are thrilled to collaborate with these incredibly talented Broadway performers whose artistry has inspired audiences around the world,” said Lefee Xu, Founder and CEO of Baleaf. “This partnership reflects our commitment to creativity and innovation, combining the passion of Broadway with our design philosophy to create a collection that empowers individuals to move confidently and express themselves freely.”

The Freeleaf SS2025 Collection showcases innovative designs crafted from fabrics that prioritize breathability, flexibility, and comfort. Each piece is designed to enhance natural body shapes while providing exceptional support, allowing wearers to feel confident, comfortable, and supported throughout their daily lives. The collection includes sizes ranging from 0 to 22, ensuring a diverse range of body types is represented. With a vibrant color palette that spans from the rich tones of winter to the lively hues of early spring, the collection offers a wide range of options for every style and preference.


Key pieces include:

  • Freeleaf Thin Strap Sports Bra: A harmonious blend of elegance and support, this sports bra features seamless construction, breathable mesh panels, and high-elasticity jelly glue technology for comfort and a secure fit. The chic back design and thin straps make it versatile for both active pursuits and backless outfits.
  • Freeleaf Seamless High-Waisted Leggings: These leggings offer a second-skin fit that provides ultimate comfort and performance. Perfect for yoga, running errands, or lounging, the seamless design ensures friction-free movement, while the high-waisted style offers gentle compression and secure coverage. Practical features such as a hidden back pocket and adjustable length add to their versatility.

The Freeleaf SS2025 Collection is now available on baleaf.com and Amazon. For more information on the Freeleaf Collection X Broadway, please visit Freeleaf Collection Page.

About Baleaf
Since its inception in 2014, Baleaf has been dedicated to delivering sophisticated, high-performance activewear designed to meet the diverse needs of sports enthusiasts. Baleaf provides a premium yet affordable alternative in the activewear market, with a focus on inclusivity, innovation, and performance. Guided by the ethos “Co-Creating a Better Active Lifestyle,” Baleaf embodies a positive, health-oriented approach to life, empowering individuals to integrate fitness seamlessly into their daily lives. With Baleaf, it’s simple: “Where there’s movement, there’s Baleaf.”

For media inquiries, please contact:
baleaf.media@gmail.com 

Follow Baleaf for the latest news and updates:
Instagram, Facebook, YouTube, Pinterest: @baleafsports
TikTok: @baleaf_sports

Stena RoRo takes delivery of RoRo ship Giuseppe Lucchesi

GOTHENBURG, Sweden, Jan. 21, 2025 /PRNewswire/ — Stena RoRo has expanded its fleet with the purchase of the RoRo ship Giuseppe Lucchesi. The ship will be renamed the Stena Shipper and fly the Danish flag. In connection with the transaction, Stena RoRo is taking over a contract with the Tunisian shipping company Cotunav for service on the Rades – Marseille route. The seller is CIN (Compagnia Italiana di Navigazione S.p.A), a company in the Moby Lines S.p.A group of companies.

The Stena Shipper was built in 2012 at the Danish shipyard Odense Yard.

“This acquisition is part of our continuing expansion of our fleet, broadening our offering and strengthening our position in the market,” says Per Westling, Managing Director, Stena RoRo. “The Stena Shipper is the last ship in a long series of sister ships built at the Danish Odense shipyard and has a large cargo capacity, which combined with a low fuel consumption, provides good environmental characteristics.”

Stena Shipper, basic specifications:
Length: 193 m
Draught: 7 m
Beam: 26 m
Capacity: 3,663 length meters, distributed on 4 decks
Speed: 21 knots

For more information, please contact

Per Westling, Managing Director, Stena RoRo AB
Tel: +46 31 85 51 54; +46 704 85 51 54
Email: per.westling@stena.com

Since 1977, Stena RoRo has led development of new marine RoRo, cargo and passenger concepts. We provide custom-built vessels, as well as standardized RoRo and RoPax vessels. The company leases about fifteen vessels to operators worldwide, both other Stena companies and third parties. Stena RoRo specializes above all in using its technical expertise for the design and production of new vessels and the conversion and technical operation of existing vessels in order to deliver tailor-made transport solutions to its customers. We call this “Stenability”. Since 2013, we have had responsibility for the design and completion of Mercy Ships’ new hospital vessel the Global Mercy – the world’s largest civilian hospital ship. The ship was delivered in 2021.
www.stenaroro.com

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Stena RoRo takes delivery of RoRo ship Giuseppe Lucchesi

https://news.cision.com/stena-roro/i/stena-shipper,c3369650

Stena Shipper

Reds Launch Second Official Retail Store in Indonesia


SURABAYA, INDONESIA – Media OutReach Newswire – 21 January 2025 – Liverpool FC continues to strengthen its international presence in Asia with the official opening of its second retail store in Indonesia.

Reds Launch Second Official Retail Store in Indonesia

LFC legend Emile Heskey led the official opening of the club’s new official retail store in Surabaya and hosted a meet & greet with fans on Saturday 18th January. He also spent time with the Official Liverpool Supporters’ Club- BigReds -afterwards at a live screening of LFC’s Premier League fixture with Brentford.

Located in the nation’s second-most populated city within Pakuwon Mall, the new store launch follows the club’s successful debut store opening in Jakarta in July 2024 at Pondok Indah Mall 2.

The launch event included a host of activities aimed at “inspiring belief” and fostering a sense of belonging amongst LFC fans, including a visit from the club’s official mascot, Mighty Red.

Mighty Red arrived after a brief stop in Jakarta where he hosted a community event alongside the Inspiration Factory Foundation (IFF) for underprivileged children.

The new Surabaya retail store, which was identified as a key location in collaboration with the club’s official retail partner, PT Kanmo Weston Retailindo, will echo the innovative design concept of the club’s flagship store in Liverpool’s city centre at Liverpool ONE showcasing the rich architectural history of Liverpool.

Fans visiting the new store can explore the full range of replica kits, exclusive Liverpool FC fashion and accessories, as well as unique souvenirs.

Lee Dwerryhouse, senior vice president of merchandising at Liverpool FC, said: “We have over 28 million LFC followers in Indonesia, and it’s great to bring our LFC brand closer to our supporters so they can feel a part of the club. This latest store opening extends our portfolio in Asia and underscores our ambitious plans to grow our international presence in key markets.”

Manoj Bharwani, co-founder and managing director of Kanmo Group: “Following the successful opening of the first Liverpool FC Store in Jakarta last year, we have been delighted by the overwhelming enthusiasm and positive response from the club’s loyal fans in Indonesia.

“Building on this momentum, we are excited to further expand Liverpool FC’s presence in Indonesia with our new store in Pakuwon Mall, Surabaya. We are confident that this initiative will deepen the bond between the club and its passionate fanbase in the region. We would like to thank Liverpool FC Retail team for trusting Kanmo Group for this expansion.”

This Surabaya opening brings Liverpool FC’s total number of retail locations to 18 globally, with an additional store planned for 2025 in Denmark, reflecting the club’s commitment to connecting with its passionate fan base around the world.

Rajbir Chopra, sales director, Weston Corporation added: ” The past few months have been incredibly exciting for us with the successful opening of our store in Jakarta. With the opening of our second LFC store in Surabaya, we are confident that this momentum will only continue, helping us to strengthen our connection with the fans in Indonesia.

“We are committed to building a long-term relationship with LFC’s Indonesia fanbase and offering more coveted merchandise from their favourite club!”
Hashtag: #LFC

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Liverpool Football Club

  • Founded in 1892, Liverpool FC is one of the world’s most historic and famous football clubs, having won 19 League Titles, including the Premier League, eight FA Cups, ten League Cups, six European Cups, three UEFA Cups, four European Super Cups, 16 Charity Shields, two Women’s Super League titles and one Women’s Championship.
  • As a socially responsible Club, Liverpool FC is proud of the work it does via the award-winning The Red Way, its ongoing commitment to creating a better future for its people, its planet and its communities. This includes efforts to improve club-wide sustainability, enhance Equality, Diversity & Inclusion in all areas, and create life changing opportunities for children and young people in Merseyside and beyond thanks to its official charity, LFC Foundation.