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NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 29th

NEW YORK, Jan. 29, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 29th

Kristen Scholer delivers the pre-market update on January 29th

  • Federal reserve to announce first interest rate decision of 2025 today
  • Markets anticipate rates to remain unchanged
  • Fed Chair Jerome Powell to speak with reporters at 2:30 PM ET

Watch NYSE TV Live every weekday 9:00-10:00am ET 

Video – https://mma.prnasia.com/media2/2608748/NYSE_Jan_29_2025_Market_Update.mp4 

 

Moove Acquires Kovi, Strengthening its Position as a Global Leader in Mobility

  • Moove’s total global fleet now comprises 36,000 vehicles. 
  • As part of its long term strategy to meet growing demand, Moove will order no fewer than 15,000 vehicles annually across all its markets. 
  • The acquisition strengthens Moove’s ARR revenue to upwards of $275 Million (on a consolidated basis). 
  • Moove’s presence now spans 19 cities across 6 continents, showcasing its scale and reach as a global mobility leader. 
  • This acquisition strengthens Moove’s presence in LATAM, expanding its operational presence and economic impact in the region. 
  • Kovi’s proprietary IoT software and driver behaviour algorithm will strengthen Moove’s AI mobility strategy. 

DUBAI, UAE, Jan. 29, 2025 /PRNewswire/ — Moove, a global leader in mobility with a vision to build the largest rideshare fleet and best-in-class technologies powering mobility platforms, has announced the acquisition of Kovi, an urban mobility provider headquartered in São Paulo. 

This strategic acquisition aligns with Moove’s commitment to advancing mobility and expanding its footprint in the rapidly growing Latin American market. Launched in 2020, Moove has built the third side of mobility marketplaces by providing dedicated supply via Drive-to-Own, Taxi, and Autonomous fleets and continues to lead the transformation of mobility globally. 

The acquisition increases Moove’s total global fleet to 36,000 vehicles and operations to 19 cities across 6 continents. It not only strengthens the company’s position as one of the world’s largest rideshare fleet operators, but incorporates Kovi’s proprietary IoT software and advanced driver behaviour algorithm, which complement Moove’s existing focus on safety and efficiency. These innovations will strengthen Moove’s AI mobility strategy, further advancing its position as a global leader in mobility and autonomous vehicle innovation, while also reinforcing its commitment to driving economic growth in Latin America. 

Founded in 2018, Kovi has established itself as a pioneering force in making car ownership more accessible and efficient through innovative technology and financial solutions. With a robust fleet and a strong presence in Brazil and Mexico, Kovi has demonstrated impressive growth since inception. Its innovative approach to driver support and its strong foothold in Brazil bring significant value to Moove’s global operations, strengthening its ability to expand into high growth markets and drive impactful change in mobility. 

Kovi’s data-driven approach to vehicle management and user experience will complement Moove’s existing capabilities, enabling the company to offer superior services to its customers. 

Ladi Delano, Co-Founder and Co-CEO of Moove, said: 

“Kovi has built an impressive business with a robust presence in Brazil, one of the most dynamic mobility markets in the world. We’re thrilled to welcome them to the Moove family. This transaction not only strengthens our footprint in Latin America and reinforces our position as a dominant player in global mobility, but it also underscores our commitment to contributing to the Brazilian economy. Kovi’s proprietary IoT software and advanced driver behaviour models complement our existing capabilities, supporting our focus on safety, efficiency, and innovation in AI mobility.” 

Adhemar Milani Neto, CEO of Kovi, said: 

Today, we stand at the forefront of a new era in mobility, and we believe that Moove has done a fantastic job at scaling their business on a global scale and with the right strategic angles. I met the founders many years back when they were scaling their business in Africa, and I was immediately impressed by their purpose-driven approach, which is also a perfect match to our culture. Together, I believe we will become a truly global category-defining business and will leverage scale and deep expertise never seen in our market. We are also excited to continue our expansion across Latam now with robustness with such strong partners.” 

The completion of the transaction is subject to customary closing conditions, including approval from the Brazilian antitrust authority. 

About Moove 
Moove is building the world’s largest fleet and best-in-class technologies that power mobility platforms. Its flagship Drive-to-Own (DTO) product democratises access to vehicle ownership with a revolutionary revenue based financing model, enabling underserved mobility entrepreneurs to thrive. 

Moove’s growth has been fuelled by its global Uber partnership and support of leading investors and lenders, including Uber, Mubadala, BlackRock, MUFG, and many others. With operations now spanning 19 cities across 6 continents – Africa, Asia, Europe, North America, South America, and the Middle East –  Moove continues to expand its offerings through strategic acquisitions and partnerships with industry leaders, including Waymo and Uber. Moove is transforming mobility to make it safer, more efficient and accessible to all, while providing economic opportunities and supporting skills development in the mobility sector. 
 

Key Facts 

  • Launched and scaled to 19 cities across 6 continents in 4 years, since 2020 launch 
  • Over 100,000 lives positively impacted through job creation and mobility access 
  • 36,000 vehicles in Moove’s global fleet  
  • 50+ million trips completed in Moove-financed vehicles through its Uber partnership 
  • $500+ million in combined equity and debt funding raised from world-class investors including Uber, Mubadala, BlackRock, Franklin Templeton, Janus Henderson, and IFC (World Bank) 
     

Media Contact 
moove@zenogroup.com 

 

 

DAMAC Properties Unveils its First Launch of 2025: Riverside Views

  • Urban sophistication meets suburban tranquillity in Dubai’s newest development.
  • The project is part of the Riverside Community, the developer’s 6th master development.

DUBAI, UAE, Jan. 29, 2025 /PRNewswire/ — DAMAC Properties, the UAE’s largest private property developer with a global footprint, proudly announced the launch of Riverside Views, its first development of 2025, following an extraordinary year of achievements in 2024. Located within the newly launched DAMAC Riverside community, this project blends urban convenience with suburban charm, offering an unparalleled lifestyle experience. Amira Sajwani, MD, DAMAC Properties and senior executives from DAMAC headlined the press and partner event held in Coca-Cola Arena, gathering key DAMAC officials, agent partners and brokers, and regional and local media members. Globally acclaimed celebrities and influencers, including Indian Bollywood superstar Shahrukh Khan, were present at the launch. DAMAC ran a month-long campaign for Riverside Views in the UAE and its key target markets, such as India, Japan, China, Russia, and the US.

DAMAC Properties Launches Riverside Views in Dubai
DAMAC Properties Launches Riverside Views in Dubai

Amira Sajwani, commented: “We are proud to continue listening to our customers’ feedback and bringing truly desired products to the market. Riverside Views introduces a collection of stylish one- and two-bedroom apartments housed within eight uniquely themed clusters: Teal, Azure, Marine, Indigo, Royal, Capri, Sun and Pacific. Designed to connect residents to nature and community, the project features a mix of greenery and water scenery, enhancing a sense of well-being and connection with the environment. We will continue to shape Dubai’s luxury real estate landscape and bring iconic products.”

A New Standard in Wellness-based Living
Situated around 15 minutes each from Expo 2020 and Al Maktoum International Airport, Riverside Views promises easy accessibility with world-class amenities. Five signature dining options will be available, including Portofino Italian Restaurant, a floating island restaurant, a Zen Spa, and a hydroponic farm providing fresh greens daily. With a focus on health and wellness, fitness facilities by the water and a floating chess stage will be accessible to residents, as well as a floating opera, essential oil lakes, and Peace Rooms designed to encourage mindfulness and creativity.

With 1-bedroom apartments starting at AED 888,000 and 2-bedroom apartments from AED 1,420,000, Riverside Views offers an attractive 70/30 payment plan. The project is scheduled for handover on the 31st of May 2028.

A Year of Momentum and Expansion
The unveiling of Riverside Views follows a record-breaking year for DAMAC Properties, marked by the launch of three major community developments: Sun City, DAMAC Islands, and the announcement of DAMAC Riverside. Building on this momentum, DAMAC plans to introduce new projects and deliver significant construction updates throughout 2025.

About DAMAC Properties

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region and internationally, including in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States, as well as the United Kingdom.

Since then, the company has delivered more than 47,000 homes with over 40,000 more in diverse planning and development phases. Joining forces with some of the world’s most eminent fashion and lifestyle brands to create tremendous living experiences, such as with Versace, Roberto Cavalli, or de GRISOGONO. With a consistent vision and momentum, DAMAC is building the next generation of luxury living across the globe.

Live the Luxury.

Visit us at www.damacproperties.com

Follow DAMAC Properties on Facebook, X, Instagram, LinkedIn, and YouTube(@DAMACofficial).

DAMAC Properties Launches Riverside Views in Dubai
DAMAC Properties Launches Riverside Views in Dubai

 

DAMAC Properties Launches Riverside Views in Dubai
DAMAC Properties Launches Riverside Views in Dubai

 

DAMAC Properties Launches Riverside Views in Dubai
DAMAC Properties Launches Riverside Views in Dubai

 

 

China Moutai Unveils Cinematic Tribute to Chinese New Year and Cultural Heritage

GUIZHOU, China, Jan. 29, 2025 /PRNewswire/ — Here’s a report from Discover Guizhou: As the Chinese New Year approaches, China Moutai has released a celebratory film to rejoice in the Chinese New Year with friends around the globe. This film embodies the traditional Chinese understanding of the four seasons—spring, summer, autumn, and winter—and incorporates the philosophy of following the natural order and continuously striving for excellence.

China Moutai Unveils Cinematic Tribute to Chinese New Year and Cultural Heritage

Let us together, through this magnificent film, experience the allure of the Chinese New Year!

China Moutai wish you a happy Chinese New Year!

Here are the key highlights from the film:

Spring brings new lives.

Lives thrive in summer.

Autumn gives prolific harvest.

And in winter we rejuvenate.

We feel the pulse of the grand earth,

We pursue excellence in ourselves.

Only through the vicissitudes of time,

Will we attain lasting achievements.

In the year to come, let’s start a new journey together!

China Moutai wish you a happy Chinese New Year!

FlatFrog reveals range of new innovations at ISE 2025

FlatFrog will demonstrate the TeamTablet Flex at Integrated Systems Europe (ISE) 2025 along with its ecosystem partners. At the show, we will reveal the next generation Flex built for non-touch displays. In addition, we are launching advanced touchscreen platforms including a 27″ OLED touch monitor for personal video meetings, digital signage, automotive and industrial applications.

LUND, Sweden, Jan. 29, 2025 /PRNewswire/ — FlatFrog is thrilled to unveil the next wave of innovation, enabling enterprises to supercharge their meeting rooms with TeamTablet™ Flex appliances and next generation touchscreen solutions with their partners including Dell, Sharp, Logitech, HP Poly, Jabra, TCL, KTC, HiteVision, CVTE and Lango.

  1. Flex your meeting™ with TeamTablet™ Flex: The Flex solution from FlatFrog, offers unparalleled flexibility to extend collaboration use cases in team meetings, allowing companies to maximize the return on investment of their meeting room equipment using existing touch or non-touch front of room display
    • Run any video meeting: Fully compliant with existing Teams Rooms, Zoom Rooms, Meet, Webex or any other video conference appliance.
    • Use with any digital whiteboard: Use Miro, Microsoft Whiteboard or use built-in local FlatFrog whiteboard, it feels just like using a tablet.
    • Wireless presentation with inking: Share PowerPoint wirelessly, and easily annotate a presentation wirelessly on the touch display, with no latency.
    • Secure: Designed to be fully secure and private including ability to air-gap so data does not leave premise. User can manage their deployment and usage statistics.
  2. InGlass™ touch innovations: InGlass touch is the market leader for corporate touchscreen solutions with premier OEMs like Dell, Samsung, Sharp, Google, Clevertouch and others. At ISE 2025 FlatFrog will release further innovations with the launch of the M6 and M5L touch platforms. These platforms can also be used outside of meeting rooms for automotive, medical, and industrial applications.
    • M6 Premium touch: This represents a premium touch solution with unparalleled performance and natural handwriting with the best-in-class FlatFrog quality that OEMs have come to rely on. This solution provides industrial design with flush ID and thin and light chassis. It can be provided with or without cover glass. M6 is now available in sizes from 21-86″. FlatFrog is revealing a 27″ OLED and 65″ LCD touch at the show, designed with the M6 platform.
    • M5L Mainstream touch: For high volume budget conscious OEMs, FlatFrog is introducing M5L which is a cost down of their M5 platform.

Come meet with FlatFrog at ISE 2025, from 4-7 February, at booth 2S400 to experience TeamTablet™ Flex and the latest touchscreen platforms.

About FlatFrog

FlatFrog is the market leader in interactive meeting solutions, with high-performance TeamTablet™ appliances for both in-room, hybrid and virtual meetings and patented InGlass™ touch displays. FlatFrog has designed its award winning, InGlass™ touch display technology from the ground up, providing the best pen and touch input to mimic the intuitive feeling of a dry-erase board. FlatFrog is headquartered in Lund, Sweden, with locations in the U.S., Taiwan, China and South Korea. For more information, please visit www.flatfrog.com

For more information, contact:
Noemi Kubiak

VP Marketing
+46 765 200727
noemi.kubiak@flatfrog.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/flatfrog-laboratories-ab/r/flatfrog-reveals-range-of-new-innovations-at-ise-2025,c4097566

The following files are available for download:

Asia Book of Records Honors Cipla (Emerging Markets & Europe business unit) for Record-Breaking Doctor engagement on COPD Awareness Initiative

Cipla’s (EMEU BU) ‘Take Charge – I Pledge’ campaign engaged 4,350 doctors across six countries, setting a new benchmark in raising COPD awareness.

MUMBAI, India, Jan. 29, 2025 /PRNewswire/ — Cipla Limited (BSE: 500087) (NSE: CIPLA EQ) referred to as “Cipla” today announced that its Emerging Markets & Europe Business Unit (EMEU BU) has achieved a new milestone by being recognized in the Asia Book of Records. During COPD Awareness Month, Cipla successfully engaged 4,350 doctors from Nepal, Myanmar, Sri Lanka, Malaysia, Oman, and the UAE in a pledge campaign to raise awareness about Chronic Obstructive Pulmonary Disease (COPD). The initiative, titled ‘Take Charge – I Pledge,’ aimed to foster meaningful dialogue between healthcare professionals, patients, and caregivers, reinforcing Cipla’s commitment to respiratory disease awareness.

This achievement has been recognised by the Asia Book of Records for engaging the largest number of doctors in a COPD awareness campaign during COPD Awareness Month.

Commenting on this recognition, Swapn Malpani, CEO – Cipla EMEU said, “COPD is recognized as a progressive lung condition and ranks as the fourth leading cause of death worldwide. In 2021, it accounted for about 3.5 million deaths, which is roughly 5% of all deaths globally. By encouraging doctors to participate in the ‘Take Charge – I Pledge’ campaign, our aim was to highlight the significance of timely diagnosis and effective management in enhancing long-term health outcomes. The campaign aimed to strengthen the doctor-patient relationship by promoting open dialogue, which can result in better understanding and improved care for those living with COPD.”

About Cipla

Established in 1935, Cipla is a global pharmaceutical company focused on agile and sustainable growth, complex generics, and deepening portfolio in our home markets of India, South Africa, North America, and key regulated and emerging markets. Our strengths in the respiratory, anti-retroviral, urology, cardiology, anti-infective and CNS segments are well-known. Our 46 manufacturing sites around the world produce 50+ dosage forms and 1,500+ products using cutting-edge technology platforms to cater to our 80+ markets. Cipla is ranked 3rd largest in pharma in India (IQVIA MAT Dec’24), Largest in the pharma prescription market in South Africa (IQVIA MAT Nov’24), and 4th largest by prescription in the US Gx (Repulses + MDI) products (IQVIA MAT Nov’24). For more, please visit www.cipla.com, or click on TwitterFacebookLinkedIn.

Media Contact:
Investor Relations   
E-mail: Investor.Relations@cipla.com      

 

Spielwarenmesse recognises outstanding innovations with highly coveted ToyAward

  • Prizewinning toys in six product categories
  • All finalists on display at ToyAward stand in Hall 3A

NUREMBERG, Germany, Jan. 29, 2025 /PRNewswire/ — Day 2 of the Spielwarenmesse started off in celebratory mood as six particularly innovative product ideas were honoured with the highly coveted ToyAward on the Wednesday of the fair. In the Baby & Infant segment, first place was taken by Geomag Magicube Blocks Stacking Safari from Geomagworld. Buitenspeel/BS Toys won the PreSchool category with its 3 Shape Memo game, while RC Football Set – Bundesliga from Carrera Toys took first place in the SchoolKids category. Abfun came out top in the Teenager & Adults segment with its Moon Acrylic Jigsaw Puzzle. The sound box Qubitunes from Qubs took the prize in the Startup section. Finally, Plan Creations/PlanToys won in the Sustainability category with Wave Stacker.

These are the lucky winners of the ToyAward at the Spielwarenmesse 2025.
These are the lucky winners of the ToyAward at the Spielwarenmesse 2025.

This year’s prizewinners were selected by a 14-member international jury which included experts from the fields of retail, industry, market research, toy safety, sustainability and education. Jury members evaluated the new products entered for the prize according to the criteria of originality, safety, play enjoyment, potential for commercial success, comprehensibility of the product concept, production and quality. Exhibitors had submitted a total of 629 innovations for the Spielwarenmesse ToyAward. The prize is one of the toy industry’s most important awards and enjoys global recognition by toy retailers as a seal of quality. All of the finalists can be viewed during the Spielwarenmesse at the dedicated ToyAward Special Area in Hall 3A. Overview of the winners:

Category: Baby & Infant (0-3 years)
Geomag Magicube Blocks Stacking Safari, Geomagworld

With magical magnetic power, the ten-piece Geomag Magicube Blocks Stacking Safari set will inspire even the youngest builders. The magnetic building blocks consist of five cubes with colourful animal motifs, including an elephant, a lion, a hippo, a crocodile and a zebra. Five hemispheres increase the difficulty and develop dexterity when stacking. The jury’s judgement: “A cute, beautiful baby toy that does without technology or plush.”

Category: PreSchool (3-6 years)
3 Shape Memo, Buitenspeel/BS Toys

The innovative 3 Shape Memo game consists of easy-to-grip cards of different shapes and colours. If you place three inside each other, the result is a unique combination. All the cards are laid out face down so that the players still have to find the pair for the figure placed. Simple 3D shapes are turned into a complex game idea that teaches hand-eye coordination and strategic thinking. “This is a great, completely new memory game that awakens children’s ambition”, according to the jury members.

Category: SchoolKids (6-10 years)
RC Football Set – Bundesliga, Carrera Toys

Soccer meets remote-controlled cars: The RC Football Set brings the soccer feeling into the home. Two players use their remote-controlled cars to push a miniature soccer ball into the opponent’s goal within a set-up field. Each car can be decorated with the logo of your favourite club. The jury commented in its summary: “The successful combination of soccer and remote-controlled racing car, the attractive price and long-lasting fun promise the perfect family competition.”

Category: Teenager & Adults (10+ years)
Moon Acrylic Jigsaw Puzzle, Abfun

The Moon Acrylic Jigsaw Puzzle from Abfun is a tricky challenge for all puzzle lovers. A breathtaking depiction of the moon is created from 50 subtle acrylic pieces. Some of the puzzle pieces have special shapes. Among them is a small star, a telescope and Saturn with its characteristic moons. “The puzzle is unique, creative and can even be used as a decoration after solving it”, enthuses the expert jury.

Category: Startup
Qubitunes, Qubs

The round Qubitunes sound box transforms into an interactive audio adventure with matching figures. Whether conducting their own orchestra or discovering numbers, the box promotes children’s listening and creativity through play. Each of the lovingly designed cassettes opens up a new thematic world. “This versatile toy can easily be extended and appeals to kinaesthetic and auditory learners”, emphasises the jury in its conclusion.

Category: Sustainability
Wave Stacker, Plan Creations/PlanToys

The beautifully shaped Wave Stacker building block game has an appealing colour scheme and an unusual wave design. The special wave shape makes the blocks easy to grip, so that they fit perfectly in the hands of small children. The building blocks are made from a special wood compound and consist of rubber-tree wood chips, organic water-based pigments and harmless, formaldehyde-free glue. The jury members regard this as “a well-integrated application of waste management”.

Spielwarenmesse®

The world’s leading event for the sector – that’s the Spielwarenmesse®. At this B2B event, key players as well as startups present their innovations and trends to retailers from all over the globe, live in Nuremberg. Alongside the extensive range of products, participants also gain a wealth of inspiration for day-to-day business together with valuable knowledge and useful guidance on the market, at what is for them the most significant industry gathering. The event is complemented by year-round coverage of themes, analyses and insights from the multifunctional platform Spielwarenmesse® Digital and the e-journal ‘Spirit of Play’. Since 2013, the term Spielwarenmesse® has been a protected word mark in Germany.

Fair date: Spielwarenmesse®, Tuesday to Saturday, 28 Jan – 1 Feb 2025

 

 

 

Foreign Students in Chengdu Visit the Inaugural “Nihao Chengdu” Global Salon

CHENGDU, China, Jan. 29, 2025 /PRNewswire/ — In celebration of the upcoming Spring Festival, marking the first since it was inscribed on the Representative List of UNESCO’s Intangible Cultural Heritage of Humanity, GoChengdu invited folk culture experts and international students in Chengdu to visit a Haidilao hotpot restaurant. As the first partner of the “Nihao Chengdu” Global Salon, Haidilao offered a genuine taste of Chengdu’s festive flavors. During the event, journalists connected with guests in Singapore and Malaysia to discuss the upcoming Year of the Snake.

In December 2024, the Spring Festival’s successful inclusion on the Intangible Cultural Heritage list marked the recognition of this beloved Chinese tradition as a cultural treasure for all of humanity—celebrated and cherished by people of diverse races and cultures. A foreign student in Chengdu shared with reporters, “I deeply appreciate the spirit of reunion and happiness that the Spring Festival represents. Regardless of where we are, the desire for love and togetherness is universal.”

Video – https://www.youtube.com/watch?v=YmFB1GutjpY