CWNewsBreaks Archive - Page 16 of 18

ThursdayApr 08, 2021 9:23 am

ChineseNewsBreaks – Blue Hat Interactive (NASDAQ: BHAT) Releases FY 2020 Financial Numbers

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, released its audited financial numbers for the fiscal year ended Dec. 31, 2020. The company also announced that an April 8 conference call would discuss the results. Highlights of the financial report included total revenue for the company of $30.2 million, an increase of more than 26% over FY 2019; gross profit of $14 million; and cash equivalent of $15.8 million in cash and cash equivalents. The report also noted operational highlights for the year, including a three-year licensing…

WednesdayApr 07, 2021 2:18 pm

ChineseNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) Launches iSmartGo Smart Retail Solution

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has unveiled its newest product: iSmartGo. This new enterprise solutions offering is a SaaS-based, cross-border smart retail solution that allows international brands to access the purchasing power in China by building and operating their own private domain traffic marketplaces in the WeChat ecosystem. With the release of iSmartGo, iClick is expanding its standard product offerings and potential client base to brands that don’t have an established presence in China. The release also reinforces the company’s commitment to strengthen its enterprise solutions business and build its mid-tier client base.…

WednesdayApr 07, 2021 9:31 am

ChineseNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches CBD Product Line in Asia Through Tmall

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has received conditional approval to offer its proprietary CBD products on Tmall, the world’s largest cross-border online marketplace. This news follows the company’s recent announcement that its Probulin Probiotics would also be available on Alibaba Group Holding’s Tmall Global (“Tmall”). The third most-visited website in the world, Tmall represents more than 750 million potential new consumers living across mainland China, Hong Kong, Macau and Taiwan. The announcement noted that the site provides unique opportunities for HempFusion to raise…

ThursdayApr 01, 2021 1:44 pm

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Reschedules Planned Release of Year-End 2020 Results, Conference Call

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced the rescheduled release of its financial results for the year ended December 31, 2020. The results will be issued after the closing of the stock market on Wednesday, April 7, 2021. In addition, the company will discuss those results and its strategy in a conference call at 8:30 a.m. ET on Thursday, April 8, 2021. Interested parties may join the call by dialing (877) 407-9046 (U.S. and Canada/Toll-Free, (201) 689-8733 (International/Toll), (400)…

ThursdayApr 01, 2021 1:10 pm

ChineseNewsBreaks – iClick Interactive Asia Group Limited’s (NASDAQ: ICLK) Tailored Solutions Help Pechoin Achieve Extraordinary Results

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider, today shared its business success partnering with Pechoin, a leading nationally recognized skin care brand in China. Pechoin successfully promoted its new product, Pechoin Youth Active Resilience Repairing Cream, leveraging iClick's integrated private-domain e-commerce solutions. Resulting sales of the product grew to account for almost half of Pechoin’s total sales on the WeChat mini-program store. In addition, the brand's WeChat index increased by 600%, indicating an outstanding improvement in its exposure and popularity within the WeChat ecosystem. "We are always looking to discover innovative new…

ThursdayMar 25, 2021 9:50 am

ChineseNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Releases Q4 and Full-Year 2020 Unaudited Financial Results

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2020. "2020 was another record year for iClick, as we continue to evolve into an integrated Enterprise and Marketing Cloud Platform in China. Our business achieved record results in gross billings, revenues, gross profit and adjusted EBITDA. More importantly, for the first time ever, we reported positive full-year adjusted net income. This is a tremendous corporate achievement, and it occurred in a year when the COVID-19 pandemic greatly…

TuesdayMar 23, 2021 1:08 pm

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Has Signed Three-Year Framework Agreement with Leading Cloud Service Provider in China

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, has signed a three-year framework agreement with Kingsoft Cloud Holdings Limited (NASDAQ: KC). The agreement, which has been in place since August 2020, calls for Blue Hat to provide mainframe hosting, system maintenance, troubleshooting and other services for Kingsoft Cloud, which is a leading cloud service provider in China. The agreement follows Blue Hat’s late-2020 acquisition of Xunpusen Technology Co. Ltd. and is an indication of BHAT’s expanding internet data center ("IDC") business. IDC enables hosting enterprises, merchants,…

FridayMar 19, 2021 9:53 am

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Sale of First QuadSight Prototype

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has sold the first prototype of its QuadSight(R) four-camera vision system to the American division of a leading Japanese manufacturer of stereo vision systems for the automotive industry. The announcement noted that the Japanese company was evaluating the QuadSight’s potential to enhance its current stereo system capabilities; the tier-one supplier was specifically interested in the thermal stereo capabilities of the system. “This first prototype sale to an automotive stereo vision systems manufacturer validates the market need for Foresight’s innovative stereo technology and its added value to the…

ThursdayMar 18, 2021 10:35 am

ChineseNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches Probulin Probiotics in China Through World’s Largest Cross-Border Marketplace

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, through its wholly owned subsidiary Probulin Probiotics LLC, is offering products in China. The products are available on Alibaba Group Holding’s Tmall (“Tmall”) Global, the world’s largest cross-border online marketplace, with a reach of more than 750 million potential customers in China, Hong Kong, Macau and Taiwan. Calling the move a tremendous opportunity, the company plans to begin shipping product next week, with products available for purchase beginning March 29, 2021. The company anticipates having its Total Care…

WednesdayMar 17, 2021 1:04 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Enters Strategic Commercial Agreement

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has signed a commercial cooperation agreement with SaverOne 2014 Ltd. (TASE: SAVR), a leader in providing an effective solution to combat cell phone distracted driving. According to the update, Eye-Net will integrate its Eye-Net(TM) Protect solution in SaverOne’s product designed to prevent the use of texting applications by the driver while the vehicle is in motion. The integration is subject to certain tests and criteria to be determined by the parties. “Eye-Net is expanding its presence in…

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