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Year: 2020

UP Fintech Holding Limited Reports Unaudited Third Quarter 2020 Financial Results

BEIJING, Nov. 25, 2020 (GLOBE NEWSWIRE) — UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the third quarter ended September 30, 2020.“I am pleased to announce solid results across multiple lines of our business in the third quarter of 2020,” stated Mr. Wu Tianhua, CEO and Director of UP Fintech. “Total revenues were US$38.0 million, a 148.2% increase from the third quarter of 2019. Our platform attracted a record number of new clients as we continued to innovate and add new features to enhance the user experience. I am delighted to announce that in late October 2020 we opened our one millionth client account, a major milestone for our firm. In the third quarter, we added 46,800 funded accounts,...

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Nokia, A1 provide private wireless connectivity for Siemens renewable energy microgrid

Press ReleaseNokia, A1 provide private wireless connectivity for Siemens renewable energy microgridIndustrial-grade private wireless network deployed on Siemens campus in Vienna, AustriaRenewables smartly managed within a microgrid are making an impact by offering energy cost savings and security of supply to industrial campusesPrivate wireless provides critical connectivity for control of all microgrid assets, helping to manage energy loads and lower the environmental footprint       25 November 2020Espoo, Finland – Nokia and A1 have joined forces to provide a private wireless network for Siemens’ microgrid, which is deployed at its Austrian headquarters in Vienna. The A1 campus solution demonstrates the advantages of using a private wireless solution to operate critical applications such as enterprise or utility microgrids, and how...

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Aurora Mobile Limited Announces Third Quarter 2020 Unaudited Financial Results

SHENZHEN, China, Nov. 25, 2020 (GLOBE NEWSWIRE) — Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading mobile developer service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2020.Third Quarter 2020 Financial Highlights (SAAS Businesses#only)Revenues were RMB65.6 million (US$9.7 million), an increase of 18% year-over-year.Gross profit was RMB49.0 million (US$7.2 million), an increase of 16% year-over-year.Gross margin was 75%, compared with 76% in the same quarter of 2019.#SAAS Businesses include both the Developer Services and Vertical Applications. SAAS Businesses will be the only business remaining starting from the first quarter of 2021.Third Quarter 2020 Financial Highlights (for the Group as a whole)Revenues were RMB108.6 million (US$16.0...

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Rainwood Capital Fundamental Research & Technical Analysis

The Research team at Rainwood Capital will always ensure specific criteria are clear and in evidence before any financial decision is made. Factors such as: *A Proprietary Product or Service*Superior Fundamentals*The stock’s ability to generate greater earnings*A management with a proven track record of success Along with varying other associated factors. At this point we will then seek confirmation from our Strategic team that we have indeed found the perfect asset vehicle to permit Rainwood Capital to be able to best preserve and grow our customer’s capital. The investments we participate in are more often than not in partnership with our client’s funds. Ultimately, we are seeking to ensure the company is continually moving forward, growing with the view to expansion and further development. This combined with a healthy dividend income...

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Private Placement Markets EquityLock Residential Value Protection Plans will again be available i

Steve Muehler, Founder and Senior Managing Member of Private Placement Markets, today announced that its popular “EquityLock Residential Value Protection Plans” program will again be available in all U.S. and Canadian Markets after being temporarily halted in July of 2020 amid the COVID-19 Pandemic and general global market uncertainty. Steve Muehler stated, “home price growth hit a six-year high here in September with a whopping 6.7% jump in prices over the year, and places like Idaho had a 12% jump while Maine and Arizona had 11% jumps. For us, we had to take a step back and let a lot of global medical issues playout, there was a lot of social issues at play, the presidential election capturing the emotions of may people, and general governmental uncertainty was at a level I have never seen before. The foreclosure moratoria thinned out...

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Unibail-Rodamco-Westfield (“URW”) announces a bond issuance and the launch of a tender offer

Paris, Amsterdam, November 25, 2020Press releaseUnibail-Rodamco-Westfield (“URW”) announces a bond issuance and the launch of a tender offerThe Group announces its intention to issue today a two-tranche senior offering, consisting of a long 6-year and an 11-year maturity bond.URW also launches a tender offer for an aggregate principal amount of up to €1 Bn across the following bonds, listed on Euronext Paris and / or the Luxembourg Stock Exchange:The tender offer will expire at 16:00 (CET) on December 1, 2020, and the results will be announced on December 2, 2020.The offer is subject to the terms and conditions set out in the Tender Offer Memorandum dated November 25, 2020, including the completion of today’s bond issuance.The net proceeds from this issuance will be used for general corporate purposes including the funding of the concurrent...

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Kalera Welcomes New Chief Human Resources Officer

ORLANDO, Fla., Nov. 25, 2020 (GLOBE NEWSWIRE) — Kalera (OSE ticker KAL-ME, Bloomberg: KSLLF), one of the fastest growing vertical farming companies in the United States, today announced Keri Gasiorowski as the company’s new Chief Human Resources Officer. This news comes as Kalera announces new locations across the United States, giving grocers, restaurants, theme parks, airports and other businesses throughout the country reliable access to clean, safe, nutritious, price-stable, long-lasting vertically-grown greens. Kalera currently operates two growing facilities in Orlando, and is constructing facilities in Atlanta, Houston and Denver which will open in 2021. The company also recently announced they raised $100 million in equity placement, bringing total equity raised in the company to around $150 million in 2021.“Keri joins Kalera...

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ZetaDisplay launches next generation global software platform

Malmö – ZetaDisplay AB (publ) (Nasdaq Stockholm: ZETA) announces the launch of its next-generation software platform for proprietary, cloud-based content scheduling and distribution. The upgraded ZetaDisplay Engage will be implemented with immediate effect with the Group’s international customer base.“Despite the uncertainty in the market, we have continued to invest in our software and services offer during 2020 to accelerate growth”, says CEO Per Mandorf. “After 5,000 manhours of development we are now ready to launch the latest version of our content management system steering our customers’ Digital Signage networks”, Mandorf continues.The upgrade will happen in two phases where the initial focus will be on a state-of-the-art user interface together with a future-proof cloud-based solution. The platform offers a broad range of...

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