Trade platform – Exarnet http://exarnet.org/ Sun, 05 Dec 2021 12:14:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://exarnet.org/wp-content/uploads/2021/10/icon-1-120x120.png Trade platform – Exarnet http://exarnet.org/ 32 32 Market share gains in view of the commercial platform ICICI open to non-customers https://exarnet.org/market-share-gains-in-view-of-the-commercial-platform-icici-open-to-non-customers/ Tue, 23 Nov 2021 11:27:00 +0000 https://exarnet.org/market-share-gains-in-view-of-the-commercial-platform-icici-open-to-non-customers/ After gaining market share in retail banking and credit cards, ICICI Bank plans to open its business platform to non-bank customers in order to gain a larger share of the market. On Tuesday, it launched a new business platform that will allow exporters and importers to access services such as letter of credit, bank guarantee, […]]]>
After gaining market share in retail banking and credit cards, ICICI Bank plans to open its business platform to non-bank customers in order to gain a larger share of the market. On Tuesday, it launched a new business platform that will allow exporters and importers to access services such as letter of credit, bank guarantee, forex, payment and collections, as well as value services. added such as credit bureaus and booking shipments.

Executive Director Vishakha Mulye said the bank improved its market share to 7.5% this fiscal year from 6% the previous year and expects to continue adding new customers this year.

“India Inc has rebounded from the pandemic and it shows in the trade figures. There are various estimates that place the total investment related to production-linked incentive programs (PLIs) announced by the government at $ 520 billion over the next five years. 60% of it for export from the directed sectors. The technology will help us tap into this growing market, ”said Mulye.

The bank will open its new platform called Trade Emerge even to non-ICICI Bank customers, as it has done for its retail bank.

The new business platform is close to the success the bank has had in its retail banking platform which has been able to convert users into bank customers holding deposits or accepting loans.

The bank has already seen 45 lakhs of downloads, but more importantly, it has managed to sell a loan or deposit account to 10% of those customers, ET reported last week.

The bank has increased its market share in the credit card business over the past year, after RBI banned market leader HDFC Bank in December of last year. The ban was then lifted in August, but not before ICICI closed the gap with HDFC in terms of cards issued.

Mulye said the bank is confident to add new customers with the variety of services it offers to merchants.

The bank will partner with companies like India Filings to help traders obtain key registrations and licenses such as business license, importer and exporter code (IEC), GST registration.

It will also help customers to verify counterparty credibility through trade information reports provided by CRIF and Dun & Bradstreet or to seek shipping related support from logistics companies like Shipsy and Shipwaves.


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Trustana, a cross-border commerce platform founded by Temasek, appoints Rebecca Xing as CEO https://exarnet.org/trustana-a-cross-border-commerce-platform-founded-by-temasek-appoints-rebecca-xing-as-ceo/ Thu, 18 Nov 2021 08:00:00 +0000 https://exarnet.org/trustana-a-cross-border-commerce-platform-founded-by-temasek-appoints-rebecca-xing-as-ceo/ SINGAPORE, November 19, 2021 / PRNewswire / – Trustana, a cross-border commerce and procurement platform founded by Temasek, today announced that it has appointed Rebecca xing, as Chief Executive Officer (CEO) with immediate effect. As CEO of Trustana, Rebecca will lead the overall strategy and growth as the business grows to enable cross-border commerce for […]]]>

SINGAPORE, November 19, 2021 / PRNewswire / – Trustana, a cross-border commerce and procurement platform founded by Temasek, today announced that it has appointed Rebecca xing, as Chief Executive Officer (CEO) with immediate effect. As CEO of Trustana, Rebecca will lead the overall strategy and growth as the business grows to enable cross-border commerce for SMEs around the world.

Trustana logo

Based at Singapore with a hub in Shanghai, Trustana is a cross-border commerce and sourcing platform enabling buyers and suppliers to grow their businesses internationally with confidence by connecting them with trusted business partners and supporting them throughout of their end-to-end business journey.

As a founding member of the Trustana team when the company was incorporated in march 2020, Rebecca has helped oversee Trustana’s enormous success in her former role as Trustana’s Managing Director and Product Manager. Under his leadership, Trustana achieved key milestones in expanding the company’s global presence through South East Asia and China, including the strategic partnership agreements signed under the Singapore-Chongqing Connectivity Initiative in April 2021, and in June 2021, through the integration of OneSME, a digital cross-border commerce platform into the Trustana platform.

Rebecca xing, CEO, Trustana, said: “I am honored and delighted to lead the Trustana team. Cross-border trade is a massive industry with a lot of complexity, and we are uniquely positioned with the right foundations, the right people and the right technology to lead the disruption. Since our launch, we have lived and breathed the challenges our clients face as they approach international expansion, and we are delighted to have been able to make a difference in the lives of ASEAN SMEs and China. It is truly a privilege to be able to serve Trustana in its next evolution. “

Glenn gore, CEO of LemmaTree Group and member of the Board of Directors of Trustana, said, “Technology continues to be a key catalyst for transformation and growth in the cross-border commerce industry, and Trustana has a bold mission to bring this technology to businesses of all sizes. I am pleased to announce the appointment of Rebecca as CEO of Trustana. Through her exceptional leadership and unwavering commitment, Rebecca has led the doubling of Trustana’s business month after month over the past year. I am confident that Trustana will continue to advance our ultimate vision of democratizing access to international import and export markets for our partners and customers in Asia, and globally. “

Prior to Trustana, Rebecca was Product Manager at BCG Digital Ventures, where she served as Interim Managing Director and Product Manager for several companies in the operations space, including Ware2Go, an on-demand warehousing and logistics network, and Beema, a car insurance offer by the kilometer Middle East. She was previously a consultant with the Boston Consulting Group, focusing on digital transformation in the technology, media and telecommunications industry.

About Trustana

Trustana is a verifiable international merchant cross-border trade and sourcing platform focused on the food and beverage industry. Founded by Temasek, Trustana empowers buyers and suppliers to grow their businesses with confidence by connecting them with trusted business partners and supporting them throughout their end-to-end business journey.

Trustana currently serves more than 5,000 SMEs in China and APAC, with the ambition to expand globally. In April 2021, Trustana signed a memorandum of understanding with 5 suppliers Chongqing, officially launching the “Singapore China (Chongqing) overseas aid program for agricultural products “promoted by the Chongqing China-Singapore Demonstration Project Management Office. More recently, in June of this year, Trustana formed a strategic collaboration with OneConnect Financial Technology (Singapore), a partner of Ping An Group, which will enable SMEs to Singapore and ASEAN to access a larger pool of buyers in China. Trustana is built using Affinidi, an open and interoperable technology that gives users control over their auditable data.

For press inquiries, please contact:

Sandpiper Communications on behalf of Trustana: Trustana@sandpipercomms.com

Rebecca Xing, CEO, Trustana

Rebecca Xing, CEO, Trustana

SOURCE Trustana


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GMEX launches trading and post-trade platform for crypto https://exarnet.org/gmex-launches-trading-and-post-trade-platform-for-crypto/ Wed, 17 Nov 2021 14:25:46 +0000 https://exarnet.org/gmex-launches-trading-and-post-trade-platform-for-crypto/ MultiHub provides global access to turnkey solutions for the exchange, custody and governance of digital assets. The platform facilitates credit allocation and verification, collateral management and margin trading, order routing, clearing and settlement across multiple trading platforms, custodians and participants. GMEX opened a new business unit, Gmex MultiHub Limited, and with it launched a new […]]]>

MultiHub provides global access to turnkey solutions for the exchange, custody and governance of digital assets. The platform facilitates credit allocation and verification, collateral management and margin trading, order routing, clearing and settlement across multiple trading platforms, custodians and participants.

GMEX opened a new business unit, Gmex MultiHub Limited, and with it launched a new solution: the Digital MultiHub.

The solution is a digital trading and post-trade market infrastructure platform that facilitates third-party trading and post-trade services in traditional and digital asset markets.

Marketed as a platform-as-a-service microservices distribution model, MultiHub enables capital market participants to easily access regulated digital assets and market infrastructure.

GMEX Group CEO, Hirander Misra, commented: “MultiHub is a unique network of multi-asset network services that enables trading, clearing and settlement between sites and participants of traditional and digital assets with a single point connectivity for both sectors, eliminating the need to integrate all sites. This complements our mission to cost-effectively drive accelerated institutional adoption of digital assets by facilitating their exchange, clearing, settlement and pledging alongside traditional assets, heralding the new era of Exchange 4.0. “

Alex Batlin, Founder and CEO of Trustology, the London-based digital asset custodian, added: “This marks an important development in capital markets. The GMEX MultiHub will drive digital transformation within the space and at the same time enable accelerated execution and custody for institutional players as they launch or expand their digital asset business ”.

Lars Holst, CEO of digital asset broker GCEX, said: “I am now in a position to enable a wider range of clients to more effectively access our execution capabilities and convert that speed gain into an increase. confidence in liquidity for our partners and their clients within the GMEX MultiHub community.

Anoop Nannra, Global Blockchain Lead at AWS, commented: “The portability of digital assets has become a growing challenge impacting trade and volumes. He added, “GMEX MultiHub makes it easier for customers to access, trade and pay for digital assets with a reduced carbon footprint, compared to businesses that use blockchain. Indeed, digital assets can be pledged by custodians without going to a blockchain. This alone means that the carbon created by trade is considerably reduced compared to trades that use the computationally intensive blockchain.

Hugh Richards, MD, Products & Solutions, Luxoft, added: “As institutions increasingly embrace digital assets as part of their digital transformation agenda, the need for hybrid settlement and custody solutions (at the both traditional and digital) is needed to simplify this adoption. Luxoft is pleased to be the development support partner of GMEX MultiHub, responding to the growing demand for such decentralized trading solutions.

Digital assets are becoming increasingly relevant in capital market portfolios. According to a recent study by Fidelity Digital Assets, 84% of US and European institutional investors are interested in purchasing institutional investment products that hold digital assets. However, a lack of standards, platform interoperability, and time-to-market persist in many blockchains and traditional infrastructures. MultiHub addresses this fragmentation by offering the growing global market of institutional participants a faster and more secure clearing and settlement solution for digital and traditional hybrid trading.

GMEX’s MultiHub is powered by AUS Cloud and core accounting technology and was developed in partnership with Luxoft.

AWS and GMEX jointly developed the business case and together created a go-to-market plan to help GMEX grow its business.

Trustology (an FCA registered digital asset custodian in the UK), GCEX (a UK regulated traditional and digital asset broker), SECDEX Group (a securities, commodities and derivatives exchange licensed from Seychelles) and Arabian Bourse, (a crypto-based global Abu Dhabi asset exchange and custodian) also participated as partners, backers and clients.

GMEX Digital Multi-Hub will be available worldwide through AWS Marketplace, with plans to expand regional coverage to meet the needs of different jurisdictions.


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Korea-founded motorcycle trading platform dominating Vietnam to move to other SE markets https://exarnet.org/korea-founded-motorcycle-trading-platform-dominating-vietnam-to-move-to-other-se-markets/ Fri, 05 Nov 2021 07:00:00 +0000 https://exarnet.org/korea-founded-motorcycle-trading-platform-dominating-vietnam-to-move-to-other-se-markets/ [Photo by Kim Jae-hoon] Vietnam’s first used motorcycle trading mobile platform, OKXE, founded by an aspiring South Korean priest, has pinpointed the market where two-wheelers are expected to remain intact as the primary means of transportation even after the migration to electric scooters and is ready to expand. to other Southeast Asian markets. Kim Woo-seok, […]]]>

[Photo by Kim Jae-hoon]

Vietnam’s first used motorcycle trading mobile platform, OKXE, founded by an aspiring South Korean priest, has pinpointed the market where two-wheelers are expected to remain intact as the primary means of transportation even after the migration to electric scooters and is ready to expand. to other Southeast Asian markets.

Kim Woo-seok, who founded OKXE in September 2019, in an interview with the Maeil Business Newspaper, predicted that the number of users of his app would increase to 10 million by the end of 2022 and to 20 million. by 2023, compared to 3.5 million currently.

“Our main goal is to absorb smartphone users in big cities like Hanoi, Ho Chi Minh and Danang, and to monopolize the market which has 62 million units of motorcycles on the road at the fastest possible pace,” Kim said. “We will enter Indonesia and Malaysia to become No. 2 in the world and compete with No. 1 company in India. ”

Kim woo-seok

Kim woo-seok

Its platform connects buyers and sellers of motorcycles in partnership with 1,500 offline stores in this Southeast Asian country. Each year, around 8.1 million motorcycles are traded in the second-hand market, valued at 9 trillion won. OKXE is expected to represent more than 15% of the market in 2022. OKXE recently secured 10 billion won ($ 8.4 million) in funding, with investors recognizing its potential for growth as a dominant player in Vietnam.

“OKXE is the first company in Vietnam to offer online financial brokers and loans,” Kim said, adding that when the number of users exceeds 10 million, the sales of financial brokers, advertising revenue and commissions will increase.

He said the company also got a huge amount of data on customer assets, as motorcycles are used as collateral for loans. Many Vietnamese borrow money from a pawnshop by offering their motorbike as collateral. OKXE has developed a mobile loan service that uses a motorcycle registration card as collateral, in collaboration with Korean lender Shinhan Vietnam Finance.

[Source: OKXE]

[Source: OKXE]

The Covid-19 pandemic has also brought an unexpected new business opportunity for the company, Kim said. Many people are returning to their hometowns and transactions for used motorcycles have increased significantly. Online commerce has also increased due to the pandemic.

Motorcycles are often blamed for air pollution in big cities, but Kim said they will remain the main mode of transportation in Vietnam for quite a long time due to the country’s poor road conditions and lack of parking. .

“The motorcycle market is expected to see some changes due to the rise of the middle class and state-led environmental policies, but they would likely be replaced by electric scooters rather than subways or cars,” a- he declared.

By Chun Beom-joo and Choi Mira

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]


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Launch of the Cainiao Aeropolis electronic global commerce platform (eWTP) hub at KLIA https://exarnet.org/launch-of-the-cainiao-aeropolis-electronic-global-commerce-platform-ewtp-hub-at-klia/ Mon, 01 Nov 2021 07:00:00 +0000 https://exarnet.org/launch-of-the-cainiao-aeropolis-electronic-global-commerce-platform-ewtp-hub-at-klia/ PETALING JAYA: A regional e-commerce order fulfillment center has been launched at Kuala Lumpur International Airport (KLIA), which can position the airport as a regional e-commerce distribution center (DRC). Cainiao Aeropolis’ Electronic Global Commerce Platform (eWTP) was chaired by Datuk Seri Transport Minister Dr Wee Ka Siong. “The creation of the e-commerce hub is part […]]]>

PETALING JAYA: A regional e-commerce order fulfillment center has been launched at Kuala Lumpur International Airport (KLIA), which can position the airport as a regional e-commerce distribution center (DRC).

Cainiao Aeropolis’ Electronic Global Commerce Platform (eWTP) was chaired by Datuk Seri Transport Minister Dr Wee Ka Siong.

“The creation of the e-commerce hub is part of the action plans defined as part of the National Transport Policy 2030 to make KLIA a leading regional freight hub and maintain its competitiveness in freight operations aerial, ”he wrote in a Facebook post on Monday (November 1st). ), after the launch of the eWTP Cainiao Aeropolis hub at KLIA.

Dr Wee added that it now only takes an hour and a half to complete customs clearance at KLIA.

“Cainiao Aeropolis’ eWTP hub at KLIA, in collaboration with Royal Customs Malaysia, has set up a customs clearance system that will only take an hour and a half.

“It’s a big improvement over the previous 24 to 48 hours,” he added.

Chinese Ambassador to Malaysia Ouyang Yujing, Secretary General of the Ministry of Transport Datuk Isham Ishak, General Manager of Malaysia Airports Bhd Datuk Iskandar Mizal Mahmood and General Manager of Alibaba KLIA Aeropolis, Tim Fan, were also present at the the event.


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Canadian Noah Digital Group and China-EU Business Platform Joint Venture https://exarnet.org/canadian-noah-digital-group-and-china-eu-business-platform-joint-venture/ https://exarnet.org/canadian-noah-digital-group-and-china-eu-business-platform-joint-venture/#respond Wed, 27 Oct 2021 15:32:16 +0000 https://exarnet.org/canadian-noah-digital-group-and-china-eu-business-platform-joint-venture/ Breadcrumb Links GlobeNewswire Author of the article: Content of the article Toronto, ON, Oct. 27, 2021 (GLOBE NEWSWIRE) – The signing ceremony for the joint venture between Canadian group Noah Digital and China-EU Trade Platform was held simultaneously in Toronto, Canada, and Qingdao, China, October 21, 2021. With a registered capital of 10 million Canadian […]]]>

Content of the article

Toronto, ON, Oct. 27, 2021 (GLOBE NEWSWIRE) – The signing ceremony for the joint venture between Canadian group Noah Digital and China-EU Trade Platform was held simultaneously in Toronto, Canada, and Qingdao, China, October 21, 2021.

With a registered capital of 10 million Canadian dollars and a total investment of 30 million Canadian dollars, the project further promotes friendly exchanges and cooperation between China and Canada in the economic, technological, commercial, cultural and other fields, attracts outstanding Canadian companies to invest in Qingdao, and brings China’s quality products and services to Canada.

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Content of the article

Speaking at the signing ceremony, Dr Bin Tang, Chairman of Noah Digital Group, expressed the hope that through close cooperation with the China-EU business platform, Noah Digital Group will be able to leverage leveraged its digital marketing, big data analytics, e-commerce platform and artificial intelligence advertising to provide cross-border e-commerce businesses in China and Canadian businesses with multiple competitive advantages.

In cooperation with the City of Niagara Falls, Ms. Lena Xu, CEO of Noah Digital Group, said her company is preparing to establish a cross-border e-commerce industrial park in the Niagara Foreign Trade Zone which will serve as a single platform. to promote trade between Canada and China.

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Content of the article

Speaking at the ceremony, Noah Digital Group Director John Kuhn said, “Our superior e-commerce platform, combined with extraordinary digital marketing and fulfillment capabilities, will meet the challenges facing SMEs. pandemic and will meet all business and consumer demands. “

He stressed that Noah’s vision is to enable businesses to operate successfully on a global scale by giving them the digital tools to create a customer-centric buying and shopping experience.

Kuhn added, “Essentially, we are creating a democratization of the e-commerce platform. Regardless of the size, you will have the opportunity to compete in the world of the Internet of Things.

The Noah Prime e-commerce platform will allow Canada and China to present quality products to millions of consumers around the world.

Advertising

Content of the article

In the wave of e-commerce globalization, the signing of Noah Digital Group and the China-EU Trade Platform joint venture will foster closer ties between Canada, China and other countries in the fields of economy, trade , science, technology, education, etc. It will build an economic and business ecosystem with cooperative exchange, resource sharing and win-win cooperation.

Noah Digital Group Chairman Bin Tang, CEO Lena Xu, Trustees John Kuhn, William Zhai and Gary Zhou, Chairman of China-EU Business Platform Ping Hou, General Manager Xia Yang, Chairman of China Federation of overseas of Qingdao Zuo Cui, President of Canada-China E-Commerce Alliance Tony Wang, President of Hamilton Chinese Business Association Lilian Guo, and other distinguished guests attended the meeting in Toronto and Qingdao in person and virtually.

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Content of the article

About Noah Digital Group:

Noah Digital Group is a Canadian company located in the Greater Toronto Area in Ontario. Noah Digital Group owns the Noah Prime e-commerce platform, Noah Digital Marketing, and Noah Trading Corp. Leveraging the advantages of cutting-edge digital marketing technology, big data analytics, cross-border e-commerce platform, blockchain technology and artificial intelligence advertising platform, Noah Digital Group provides a One-stop personalized digital marketing e-commerce solution for Canadian and Chinese cross-border e-commerce businesses. Noah Digital Group’s team of Chinese and Western digital marketing and e-commerce experts help cross-border e-commerce companies to expand into the overseas market and build international brands. To learn more about Noah Digital Group’s e-commerce platform and digital marketing services, visit NoahPrime.ca and NoahDigital.ca.

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Content of the article

About China-EU Trade Platform:

The China-EU Business Platform is an “Internet + Innovative Foreign Trade” service platform founded under the leadership of China’s “One Belt and One Road” policy. It is a multinational trading company focused on the European market. Based in Warsaw, Poland, and Qingdao, China, it provides one-stop services for cross-border e-commerce businesses, from disembarkation orders, customs clearance, overseas warehousing logistics to halls of ‘exhibition abroad, visits to European exhibitions, etc. It helps companies to rationalize their exports, reduce costs, increase efficiency and profits.

Attachments

Mary Wang Noah Digital Group mary.wang@noahdigital.ca 

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The Canadian group Noah Digital and the China-EU business platform https://exarnet.org/the-canadian-group-noah-digital-and-the-china-eu-business-platform/ Wed, 27 Oct 2021 15:28:45 +0000 https://exarnet.org/the-canadian-group-noah-digital-and-the-china-eu-business-platform/ Toronto, ON, Oct. 27, 2021 (GLOBE NEWSWIRE) – The signing ceremony for the joint venture between Canadian group Noah Digital and China-EU Trade Platform was held simultaneously in Toronto, Canada, and Qingdao, China , October 21, 2021. With a registered capital of 10 million Canadian dollars and a total investment of 30 million Canadian dollars, […]]]>

Toronto, ON, Oct. 27, 2021 (GLOBE NEWSWIRE) – The signing ceremony for the joint venture between Canadian group Noah Digital and China-EU Trade Platform was held simultaneously in Toronto, Canada, and Qingdao, China , October 21, 2021.

With a registered capital of 10 million Canadian dollars and a total investment of 30 million Canadian dollars, the project further promotes friendly exchanges and cooperation between China and Canada in the economic, technological, commercial, cultural and other fields, attracts outstanding Canadian companies to invest in Qingdao, and brings China’s quality products and services to Canada.

Speaking at the signing ceremony, Dr Bin Tang, Chairman of Noah Digital Group, expressed the hope that through close cooperation with the China-EU business platform, Noah Digital Group will be able to leverage leveraged its digital marketing, big data analytics, e-commerce platform and artificial intelligence advertising to provide cross-border e-commerce businesses in China and Canadian businesses with multiple competitive advantages.

In cooperation with the City of Niagara Falls, Ms. Lena Xu, CEO of Noah Digital Group, said her company is preparing to establish a cross-border e-commerce industrial park in the Niagara Foreign Trade Zone which will serve as a single platform. to promote trade between Canada and China.

Speaking at the ceremony, Noah Digital Group Director John Kuhn said, “Our superior e-commerce platform, combined with extraordinary digital marketing and fulfillment capabilities, will meet the challenges for SMEs. pandemic and will meet all business and consumer demands. “

He stressed that Noah’s vision is to enable businesses to operate successfully on a global scale by giving them the digital tools to create a customer-centric buying and shopping experience.

Kuhn added, “In essence, we are creating a democratization of the e-commerce platform. Regardless of its size, you will have the opportunity to compete in the world of the Internet of Things. “

The Noah Prime e-commerce platform will allow Canada and China to present quality products to millions of consumers around the world.

In the wave of e-commerce globalization, the signing of Noah Digital Group and the China-EU Trade Platform joint venture will foster closer ties between Canada, China and other countries in the fields of economy, trade , science, technology, education, etc. It will build an economic and business ecosystem with cooperative exchange, resource sharing and win-win cooperation.

Noah Digital Group Chairman Bin Tang, CEO Lena Xu, Trustees John Kuhn, William Zhai and Gary Zhou, Chairman of China-EU Business Platform Ping Hou, General Manager Xia Yang, Chairman of China Federation of overseas of Qingdao Zuo Cui, President of Canada-China E-Commerce Alliance Tony Wang, President of Hamilton Chinese Business Association Lilian Guo, and other distinguished guests attended the meeting in Toronto and Qingdao in person and virtually.

About Noah Digital Group:

Noah Digital Group is a Canadian company located in the Greater Toronto Area in Ontario. Noah Digital Group owns the Noah Prime e-commerce platform, Noah Digital Marketing, and Noah Trading Corp. Leveraging the advantages of cutting-edge digital marketing technology, big data analytics, cross-border e-commerce platform, blockchain technology and artificial intelligence advertising platform, Noah Digital Group provides a One-stop personalized digital marketing e-commerce solution for Canadian and Chinese cross-border e-commerce businesses. Noah Digital Group’s team of Chinese and Western digital marketing and e-commerce experts help cross-border e-commerce companies to expand into the overseas market and build international brands. To learn more about Noah Digital Group’s e-commerce platform and digital marketing services, visit NoahPrime.ca and NoahDigital.ca.

About China-EU Trade Platform:

The China-EU Trade Platform is an “Internet + Innovative Foreign Trade” service platform founded under the leadership of China’s “One Belt and One Road” policy. It is a multinational trading company focused on the European market. Based in Warsaw, Poland, and Qingdao, China, it provides one-stop services for cross-border e-commerce businesses, from disembarkation orders, customs clearance, overseas warehousing logistics to halls of commerce. ‘exhibition abroad, visits to European exhibitions, etc. It helps companies to rationalize their exports, reduce costs, increase efficiency and profits.

  • The signing ceremony of the joint venture between the Canadian group Noah Digital and the China-EU business platform in Qingdao

  • Signature of a joint venture agreement in Toronto

        


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Canadian digital group Noah and the China-EU business platform https://exarnet.org/canadian-digital-group-noah-and-the-china-eu-business-platform/ https://exarnet.org/canadian-digital-group-noah-and-the-china-eu-business-platform/#respond Wed, 27 Oct 2021 15:28:45 +0000 https://exarnet.org/canadian-digital-group-noah-and-the-china-eu-business-platform/ Toronto, ON, Oct. 27, 2021 (GLOBE NEWSWIRE) – The signing ceremony for the joint venture between Canadian group Noah Digital and China-EU Trade Platform was held simultaneously in Toronto, Canada, and Qingdao, China , October 21, 2021. With a registered capital of 10 million Canadian dollars and a total investment of 30 million Canadian dollars, […]]]>

Toronto, ON, Oct. 27, 2021 (GLOBE NEWSWIRE) – The signing ceremony for the joint venture between Canadian group Noah Digital and China-EU Trade Platform was held simultaneously in Toronto, Canada, and Qingdao, China , October 21, 2021.

With a registered capital of 10 million Canadian dollars and a total investment of 30 million Canadian dollars, the project further promotes friendly exchanges and cooperation between China and Canada in the economic, technological, commercial, cultural and other fields, attracts outstanding Canadian companies to invest in Qingdao, and brings China’s quality products and services to Canada.

Speaking at the signing ceremony, Dr Bin Tang, Chairman of Noah Digital Group, expressed the hope that through close cooperation with the China-EU business platform, Noah Digital Group will be able to leverage leveraged its digital marketing, big data analytics, e-commerce platform and artificial intelligence advertising to provide cross-border e-commerce businesses in China and Canadian businesses with multiple competitive advantages.

In cooperation with the City of Niagara Falls, Ms. Lena Xu, CEO of Noah Digital Group, said her company is preparing to establish a cross-border e-commerce industrial park in the Niagara Foreign Trade Zone which will serve as a single platform. to promote trade between Canada and China.

Speaking at the ceremony, Noah Digital Group Director John Kuhn said, “Our superior e-commerce platform, combined with extraordinary digital marketing and fulfillment capabilities, will meet the challenges facing SMEs. pandemic and will meet all business and consumer demands. “

He stressed that Noah’s vision is to enable businesses to operate successfully on a global scale by giving them the digital tools to create a customer-centric buying and shopping experience.

Kuhn added, “In essence, we are creating a democratization of the e-commerce platform. Regardless of its size, you will have the opportunity to compete in the world of the Internet of Things. “

The Noah Prime e-commerce platform will enable Canada and China to present quality products to millions of consumers around the world.

In the wave of e-commerce globalization, the signing of Noah Digital Group and the China-EU Trade Platform joint venture will foster closer ties between Canada, China and other countries in the fields of economy, trade , science, technology, education, etc. It will build an economic and business ecosystem with cooperative exchange, resource sharing and win-win cooperation.

Noah Digital Group Chairman Bin Tang, CEO Lena Xu, Trustees John Kuhn, William Zhai and Gary Zhou, Chairman of China-EU Business Platform Ping Hou, General Manager Xia Yang, Chairman of China Federation of overseas of Qingdao Zuo Cui, President of Canada-China E-Commerce Alliance Tony Wang, President of Hamilton Chinese Business Association Lilian Guo, and other distinguished guests attended the meeting in Toronto and Qingdao in person and virtually.

About Noah Digital Group:

Noah Digital Group is a Canadian company located in the Greater Toronto Area in Ontario. Noah Digital Group owns the Noah Prime e-commerce platform, Noah Digital Marketing, and Noah Trading Corp. Leveraging the advantages of cutting-edge digital marketing technology, big data analytics, cross-border e-commerce platform, blockchain technology and artificial intelligence advertising platform, Noah Digital Group provides a One-stop personalized digital marketing e-commerce solution for Canadian and Chinese cross-border e-commerce businesses. Noah Digital Group’s team of Chinese and Western digital marketing and e-commerce experts help cross-border e-commerce companies to expand into the overseas market and build international brands. To learn more about Noah Digital Group’s e-commerce platform and digital marketing services, visit NoahPrime.ca and NoahDigital.ca.

About China-EU Trade Platform:

The China-EU Trade Platform is an “Internet + Innovative Foreign Trade” service platform founded under the leadership of China’s “One Belt and One Road” policy. It is a multinational trading company focused on the European market. Based in Warsaw, Poland, and Qingdao, China, it provides one-stop-shop services for cross-border e-commerce businesses, from disembarkation orders, customs clearance, overseas warehousing logistics to exhibition halls abroad, visits to European exhibitions, etc. It helps companies to rationalize their exports, reduce costs, increase efficiency and profits.

  • The signing ceremony of the joint venture between the Canadian group Noah Digital and the China-EU business platform in Qingdao

  • Signature of a joint venture agreement in Toronto

        


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HSBC launches post-trade platform for third-party services https://exarnet.org/hsbc-launches-post-trade-platform-for-third-party-services/ https://exarnet.org/hsbc-launches-post-trade-platform-for-third-party-services/#respond Fri, 15 Oct 2021 07:50:13 +0000 https://exarnet.org/hsbc-launches-post-trade-platform-for-third-party-services/ HSBC announced the launch of a post-trade platform called HSBC MarketSpace which would be a digital ecosystem to deliver post-trade services and solutions to its clients. Until now, customers have not had access to third party service providers, but with this new platform, customers could choose which service providers they want and also choose which […]]]>

HSBC announced the launch of a post-trade platform called HSBC MarketSpace which would be a digital ecosystem to deliver post-trade services and solutions to its clients.

Until now, customers have not had access to third party service providers, but with this new platform, customers could choose which service providers they want and also choose which products and services they have. need. This would eliminate the need to maintain separate relationships with everyone involved in the post-trade chain and help eliminate the complexity and delays involved in such a process. On the other hand, service providers could develop solutions directly on the platform, which would give them a new distribution channel to work with, and they could also test and bring their products to market much faster. .

“With the launch of HSBC MarketSpace, we have redesigned the post-trade landscape and created an innovative digital ecosystem,” said Stephen Pemberton, Global Head of Product Management, Direct Custody and Clearing, Markets and Clearing. securities services at HSBC.

“By capitalizing on our unique strengths, we have built a single entry platform that enables our clients to access the best post-trade services available from HSBC and others. We reduce the cost of experimentation, enabling rapid innovation and commercialization.

The development of this platform is in line with the changes we have seen in the trading scenario, with custodians being more open to working with third parties and different sources and fintechs as long as they can get the kind of services and solutions they want. ‘they are. looking for. This development also shows that HSBC has already started the transition of its existing systems to the new digital world and is starting to realize that the use of digital systems is helping to open up various other possibilities in the commercial and banking sector that it continues to develop. ‘to explore. It had recently launched a digital wallet capable of handling multiple currencies, which had reduced its service costs and passed the benefits on to its end customers. By offering more choices to customers, the bank hopes to be able to attract more customers, which will offset the likely loss of business for some of its services due to increased competition.


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Intello Labs launches a commercial platform for agrifood products; monthly GTV clocks of USD 40mn https://exarnet.org/intello-labs-launches-a-commercial-platform-for-agrifood-products-monthly-gtv-clocks-of-usd-40mn/ Thu, 14 Oct 2021 07:00:00 +0000 https://exarnet.org/intello-labs-launches-a-commercial-platform-for-agrifood-products-monthly-gtv-clocks-of-usd-40mn/ Outlook October 14, 2021 6:21 PM IST Intello Labs launches a commercial platform for agrifood products; monthly GTV clocks of USD 40mn OutlookIndia.com 1970-01-01T05: 30: 00 + 0530 New Delhi, October 14 (PTI) Inello Labs, an agro-tech start-up for quality analysis, announced on Thursday that it had launched the agricultural commodity trading platform “Praman” and […]]]>


Intello Labs launches a commercial platform for agrifood products; monthly GTV clocks of USD 40mn







OutlookIndia.com

1970-01-01T05: 30: 00 + 0530

New Delhi, October 14 (PTI) Inello Labs, an agro-tech start-up for quality analysis, announced on Thursday that it had launched the agricultural commodity trading platform “Praman” and achieved a gross transaction value monthly (GTV) of $ 40 million.

Intello has announced the launch of its Praman business which has been in stealth mode for the past few months.

Praman is a revolutionary agricultural commodity trading platform with integrated quality assessment. It facilitates cash trading and electronic auctions in agricultural products, including cardamom, onion, garlic, pomegranate, apple, potato and tomato.

“In a few months since its launch, Praman has already achieved a monthly GTV of $ 40 million,” the company said in a statement.

Praman said he redesigned auctions and commerce through AI-powered quality assessment, making them digital and data-driven.

A true digital exchange platform, Praman breaks the limits of current manual processes by automatically generating quality reports that are directly integrated into the exchange platform.

In addition to automating the workflow, Praman makes data on the quality of agricultural products accessible remotely, allowing traders to participate in real time from anywhere, without the need to be physically present at auctions or auctions. markets.

“We are excited to give the entire trading process a digital makeover, fostering geographic expansion and market awareness. This initiative is one more step in establishing Intelli Labs as a leader in agrotech and innovation, ”said Milan Sharma, co-founder and CEO of Intelli Labs.

The platform expects to achieve a monthly GTV of US $ 100 million over the next two quarters.

Present in India, the United States, Europe and Southeast Asia, Inello Labs uses computer vision, machine learning and AI to digitize food quality assessment and control. PTI MJH MJH ANU

ANU


Disclaimer: – This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI



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