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Eros Media World Announces Association with Ministry of Investment in Kingdom of Saudi Arabia (MISA)
~ The two entities formalized their association at Future Investment Initiative (FII) being held in Riyadh from 25-27 October 2022Honda Begins Sales of “Honda Power Pack Exchanger e:” Battery Swapping Station
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Product website: www.honda.co.jp/mobilepowerpack/exchanger (Japanese)
Honda is striving to realize carbon neutrality for all products and corporate activities Honda is involved in by 2050. Electrification of mobility products, which is indispensable to achieve this goal, has three challenges that need to be addressed: short range, long charging time and high battery cost. By addressing such challenges with swappable batteries and their sharing service, Honda is striving to contribute to the acceleration of electrification and expansion of the use of renewable energy.
Honda Power Pack Exchanger e: is a battery swapping station that simultaneously charges multiple units of Honda Mobile Power Pack e: (MPP e:) and enables smooth battery swapping for users of electric motorcycles and other mobile products equipped with MPP e:. The users will have access to fully-charged MPP e: whenever needed at battery swapping stations in the city, which enables efficient use of electrified mobility products without waiting for the batteries to get charged.
Developed as a battery infrastructure which can achieve widespread use inside and outside of Japan, Honda Power Pack Exchanger e: features an exterior design that blends in well with the cityscape and adopts the Honda Power Pack Cloud system that centrally manages all information necessary for a battery sharing service operation in the cloud. Moreover, Honda pursued the convenience and user-friendliness for both battery sharing service businesses and the users of electrified mobility products.
In India, through its local subsidiary, Honda Power Pack Energy India Pvt. Ltd. (HEID), Honda has already started a battery sharing service for electric tricycle taxis ("rickshaws"), using Honda Power Pack Exchanger e:.
By offering the products and operating system for customers who are interested in battery sharing, Honda will continue supporting electrification of their mobility products and contributing to the realization of a low-carbon society.
For more information about the joint battery sharing service of Tokyo Metropolitan Government and Gachaco Inc., please visit the website of Tokyo Metropolitan Government.
www.metro.tokyo.lg.jp/tosei/hodohappyo/press/2022/10/12/05.html (Japanese)
For more details about this battery sharing service, please contact Gachaco Ins.
https://gachaco.co.jp/contact (Japanese)
For more information, visit global.honda/newsroom/news/2022/p221025eng.html.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHonda Motor Co., Ltd. today announced that it has begun sales of the Honda Power Pack Exchanger e: battery swapping station in Japan, with the first unit delivered to Gachaco Inc., a battery sharing service joint venture.
JCB, IDEMIA and Soft Space launch JCBDC pilot to test CBDC in-store payments
Over the past few years, central banks in many countries and regions have been testing CBDCs that should soon be widely accepted by consumers and merchants. However, merchants might be reluctant to accept them, and mass-market rollout may be held up by people without smartphones, like children and the elderly, who could find the user interfaces and payment systems hugely challenging.
As a result, JCB will have CBDC acceptance tested using existing JCB Contactless (JCB's EMV(R) based contactless payment) merchants, POS terminals and plastic card-based user interfaces, with guidance from IDEMIA and Soft Space.
JCB, IDEMIA and Soft Space will conclude payment system development by late 2022 and conduct the pilot test with Tokyo merchants until March 2023.
"It gives me great honour to announce our collaboration with IDEMIA and Soft Space on this project," said Koremitsu Sannomiya, Board Member, Senior Executive Officer of JCB. "This project proves that we can use existing payment acceptance hardware for new CBDC payment systems, which is a huge benefit for both consumers and merchants."
"We at IDEMIA firmly believe that CBDCs are redefining the very fundamentals of the payment ecosystem. We're proud that our ability to innovate has enabled CBDC payments with existing card and POS terminal hardware. IDEMIA's, JCB's and Soft Space's joint payment system expertise will usher in worldwide CBDC growth," said Romain Zanolo, IDEMIA Managing Director APAC Financial Institutions.
"We're thrilled to be first in the world to trial CBDC acceptance on SoftPOS alongside our partners JCB and IDEMIA. Although CBDCs are still in their infancy, this pilot takes us forward from theory to reality, by harnessing our in-store payment experience and existing payment platform expertise," said Soft Space CEO Joel Tay.
*EMV(R) is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC.
About JCB
JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/
JCB Contact
Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: [email protected]
About IDEMIA
As a leader in identity technologies, IDEMIA is on a mission to unlock the world and make it safer. Backed by cutting-edge R&D, IDEMIA provides unique technologies, underpinned by long-standing expertise in biometrics, cryptography, data analytics, systems and smart devices. IDEMIA offers its public and private customers payment, connectivity, access control, travel, identity and public security solutions. Every day, around the world, IDEMIA secures billions of interactions in the physical and digital worlds. With nearly 15,000 employees, IDEMIA is trusted by over 600 governmental organizations and more than 2,300 enterprises spread over 180 countries, with an impactful, ethical and socially responsible approach. For more information, visit www.idemia.com and follow @IDEMIAGroup on Twitter.
About Soft Space
Founded in 2012, Soft Space is the world's leading SoftPOS player headquarters in Kuala Lumpur, Malaysia. Soft Space simplified the complexity of financial infrastructure and creates value-added features for businesses to expand their business growth. With over 50 financial institutions and partners across 23 global markets adopting its payment solutions, Soft Space is supported by MDEC's Global Acceleration and Innovative Network (GAIN) programme and received financial support through MIDA's Domestic Investment Strategic Fund in 2022. In 2018, Soft Space ranked 66th out of 1000 companies in Financial Times 'FT 1000: High Growth Companies in Asia Pacific' Special Report. Subsequently in 2020, Soft Space is also recognise as one of IDC's Fastest Growing Company. For more information, please visit: https://www.softspace.com.my
Nuraqilah Ibrahim
Marketing Associate
Tel: +603 7494 1222
Email: [email protected]
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comJapan's only international payment brand JCB Co., Ltd. ("JCB") has launched "JCBDC" (JCB Digital Currency) pilot project with identity technologies no. 1 IDEMIA and the world's leading fintech company Soft Space Sdn. Bhd. ("Soft Space"). JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution and conduct a pilot test with Tokyo merchants.
Fastbase Stock Has Strong Potential to Soar in 2022
Deloitte's baseline scenario anticipates the pandemic jump-starting the widespread adoption of technology leading to faster growth. Morgan Stanley is also positive about the potential growth of tech stocks given the recent underperformance.
Heading into Q2 of 2022, it's time to look at the next greater investments for 2022.
For investors seeking to enter the market before the rest of the world catches up, we have found a prospering young tech firm with a strong growth potential in 2022.
For investors looking for tech stocks with extraordinary growth potential, we suggest taking specific notice of one of the SaaS web analytics leaders, Fastbase Inc. (OTC:FBSE). Launched in 2016, Fastbase Inc. embodies one of the top public companies that we believe will have the strongest share price upside in 2022. Fastbase Inc. (www.fastbase.com) already achieved massive market success by providing more than 1 million companies, including Fortune 500 businesses and global brands, with invaluable website visitor data and consequently attracting the attention from large investment firms.
In the past 2 years the visionary company launched tech solutions to satisfy uncovered needs in the market. Only last year Fastbase launched Trustfeed.com, one of the biggest internet ventures within the field of customer experience and product review. This year Fastbase is squaring the circle by launching Leads Navigator, an ultimate leads generation solution. Leads Navigator will be a catalyst for financial growth in 2022 with a very strong revenue model.
Fastbase Inc recently announced acquiring 24.5% of Etheralabs LLC, (www.etheralabs.io) a New York City based Venture Lab and Ecosystem that is investing in, creating, and implementing disruptive technologies across the Blockchain landscape. This acquisition allows Fastbase to access the latest blockchain advances to empower its data distribution business and support the new Leads Navigator solution.
Contact:
StepStone Capital
Banzeit 4A
BPM 382535
6921 Roodt-sur-Syre
Luxembourg
www.StepStoneCapital.com
Forward-Looking Statements
Certain information set forth in this presentation contains "forward-looking information", including "future-oriented financial information" and "financial outlook", under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company's current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are informational only and not guarantees of future performance and undue reliance should not be placed on them.
Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comDeloitte's United States Economic Forecast Q1 2022 examines the impact of the crisis in Ukraine, persisting inflation, and the lingering effects of COVID-19 on the US economy.
This Algorithm Designs Proteins From Scratch to Accelerate Drug Discovery
Toyobo and MC Agree to Establish New Joint Venture in Functional Materials
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Background and Aims of this Joint Venture
Business environments have been changing quite dramatically in recent years, as evidenced by global moves to decarbonize and expedite the development of new technologies. These changes are driving up demand for functional materials and resulting in a significant restructuring of the related industries, and both Toyobo and MC are committed to capturing opportunities that may arise. Over the last two years, we have been pursuing strategic, cross-industry collaborations to ensure the sustainable growth and development of our operations, and our agreement signed today, on 24th March 2022, represents our latest venture together. Toyobo and MC share similar corporate values. We are both dedicated to addressing challenges faced by modern communities and helping to realize a sustainable society, and we are pleased that working together in functional materials will afford us another opportunity to do so.
Our new joint venture company shall inherit Toyobo's functional materials business(2), and by combining our companies' respective strengths, it shall endeavor to achieve two aims. The first of those aims is to grow our presence in global markets, and the second is to provide customers with solutions that meet the evolving needs of the industry, which are growing increasingly diverse and sophisticated by the day. Together, we are confident that we can achieve both of these aims, as MC's broad industry know-how and network promise to be the perfect complement to Toyobo's technological expertise.
Post-establishment Work
(Laying of Robust Management Foundation)
By combining Toyobo's business foundations with MC's management expertise and functions, our new joint venture company shall strive to offer high value-added solutions to its customers. Immediately following its establishment, work shall commence to lay down a firm-yet-flexible management foundation that is capable of adapting swiftly to the dynamically changing business environment.
(Creation of Business Opportunities in New Growth Regions and Fields)
Another of our objectives in establishing this new company is to leverage MC's network to facilitate the global expansion of Toyobo's materials and technologies. Furthermore, by marrying work to meet that objective with efforts dedicated to decarbonization and the achievement of the UN's sustainable development goals, our new company shall pave the way forward for future collaborations between Toyobo and MC. We look forward to facilitating our construction of new business models that extend beyond functional materials, discussions on global alliances, and other ways to ensure the sustainable growth and development of our operations.
(1) MC will invest in the new company following its acquisition of certain Toyobo operations through an absorption-type demerger.
(2) Business related to planning, development, manufacturing and sales of functional materials in Japan and overseas (Business related to Polymerization Development, VYLON and HARDLEN, Photo Functional Materials, Fine Chemicals, Engineering Plastics, Water Treatment Membranes, Environment Solution Devices, Activated Carbon Products, Activated Carbon Filters, Spunbond Nonwoven Fabrics, Lifestyle Materials, High-Performance Fibers), and ancillary operations will be inherited by the new joint venture company.
For more information, visit https://www.mitsubishicorp.com/jp/en/pr/archive/2022/html/0000048902.html.
Contact:
Toyobo Co., Ltd.: Public Relations Group, Corporate Communication Department: +81-6-6348-4210
Mitsubishi Corporation: Corporate Communications Dept., Press Relations Team: +81-3-3210-2171
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comToyobo Co., Ltd. (Toyobo) and Mitsubishi Corporation (MC) are pleased to announce our agreement to establish a new joint venture company that will specialize in the planning, development, manufacturing and sales of functional materials.
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