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Rising on the top: elevator industry leader KONE uses IBM Cloud platform to build IoT-based maintenance services

[Sponsored Article]In Hong Kong, packed with high-rise buildings, elevators play a crucial role in transportation. According to government figures, at the end of 2017 there were 66,200 elevators in Hong Kong, but 53 percent of them (35,200) were more than 20 years old.There is an urgent need for modernisation solutions, bringing existing elevators up to the required safety standards and ensuring the safety of passengers and other building users.Companies that adapt to change quickly and… Source link

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London Stock Exchange is in talks to acquire the Refinitiv financial data and trading platform in a deal valued at US$27 billion

London Stock Exchange Group is in talks to acquire Refinitiv, the financial data and trading platform provider, in a deal that could be valued at US$27 billion and would add fuel to the bourse’s fastest-growing business.The exchange would issue shares as part of the transaction and Refinitiv holders may receive a stake of approximately 37 per cent, LSE said early Saturday in London in a statement.The effort is the first major strategic move by LSE Chief Executive Officer David Schwimmer, who… Source link

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Vietnam 

P2P lending platform signs co-operation deal with Vietinbank Insurance – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Representatives of Vay Mượn Joint Stock Company and Vietinbank Insurance Corporation sign the co-operation agreement. — VNS Photo Vũ Hoa HÀ NỘI — Vaymuon.vn – the largest peer-to-peer (P2P) lending platform in Việt Nam – on Thursday signed a strategic co-operation agreement with Vietinbank Insurance Corporation to protect loans.  According to the agreement, both borrowers and lenders will be protected from unpredictable risks that prevent them from paying or collecting debts. With the insurance policy, lenders should find it easy to provide loans to borrowers. P2P lending is a new way of debt financing that allows people…

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Alibaba to take on Amazon, launching new business-to-business platform for US companies

Alibaba Group launched a business-to-business (B2B) online marketplace for US companies on Tuesday, taking on its US rival Amazon.com as part of the Chinese e-commerce giant’s plan to grow its market share internationally.In a further push for Alibaba to grow its business outside China, the new Alibaba.com platform will let US manufacturers, distributors and wholesalers sell their products and services to other American and global businesses and wholesalers.Alibaba shareholders approve one-to… Source link

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Singapore 

SingPost launches new platform to rate postmen, Digital, Singapore News

SINGAPORE – From Tuesday (July 16), residents of Yishun and Bukit Timah will know who their postman is and can rate him or her through a new feedback channel SingPost is launching to improve service standards and address letterbox-related issues more quickly. Residents in postal districts beginning with 58, 59, 65 and 76 can now enter them on the mypostman.sg website to read short biographies of their neighbourhood postman. They can also leave a rating and comments that will be shared with them, SingPost said on Tuesday. This is available now just to…

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AngelHub, Hong Kong’s first equity crowdfunding platform, shortlists five start-ups for fundraising

AngelHub, Hong Kong’s first equity crowdfunding platform, has selected five start-ups out of 250 candidates to raise funds just two months after it was licensed by the city’s Securities and Futures Commission, its chief executive said last week.Karen Contet Farzam, the company’s co-founder and CEO, said AngelHub aimed to help 100 start-ups raise funds over the next three years. While, on average, these deals are expected to raise between US$500,000 to US$2 million, some would also net up to US… Source link

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China healthcare platform Waterdrop raises 1 billion yuan in funds from investors including Boyu Capital

Waterdrop, a Chinese online insurance platform backed by Tencent, has raised more than a billion yuan (US$145 million) in a funding round led by private equity firm Boyu Capital.Other backers of the series C round include CICC Capital, while earlier investors including Tencent and Gaorong Capital also took part, the Beijing-based start-up said in a release on Wednesday.Founded by former Meituan Dianping executive Shen Peng in 2016, Waterdrop started as a health care crowdfunding platform for… Source link

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No commissions? How Hong Kong’s office market will face a challenge from Singaporean leasing platform GorillaSpace

Singaporean workspace platform GorillaSpace believes it can disrupt Hong Kong’s office leasing market by allowing landlords and tenants to transact directly with each other online, a model they say has been used successfully with co-working and office space in the city state.The start-up, founded by a husband and wife team, recently won an undisclosed amount of seed funding from Japanese real estate developer Mitsubishi ­Estate.It said the model had been well received by growing companies… Source link

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Vietnam 

E-commerce: profitable platform for Vietnamese exports – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Innovative Hub and ITPC signed an MoU at a conference held in HCM City on Wednesday on e-commerce and international exports on Alibaba.com. — VNS Photo Việt Dũng HCM CITY — Vietnamese businesses should take advantage of e-commerce to export to global markets, experts said at a conference on e-commerce and international exports via Alibaba.com held in HCM City on Wednesday. Innovative Hub Pte Ltd, a Singapore company focusing on e-commerce advisory services, and Alibaba.com’s official service partner in Việt Nam, helps exporters build e-commerce sites on Alibaba.com and offers guidance on how…

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CITIC Securities Brokerage HK strengthens its wealth management platform

[Sponsored Article] “In the past six months, we have shifted our focus towards wealth management services,” says Tony Leung, Chief Executive Officer of CITIC Securities Brokerage HK. “As the market evolves, we have seen growing number of clients with greater demand on sophisticated wealth management products.  As such, client demands lead us to gradually transform the company from traditional securities brokerage business to wealth management.” Strong demand for wealth management services … Source link

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