Year: 2021

SHANGHAI, China, Nov. 26, 2021 (GLOBE NEWSWIRE) — Pinduoduo Inc. (NASDAQ: PDD), China’s largest agriculture platform, said it will promote more young leaders to encourage creativity and innovation. The company, which turned six in October, is seeing the younger generation maturing quickly as leaders, and will be giving them more opportunities to take on responsibilities so they can gain experience, according to Chen Lei, Chairman and Chief Executive Officer. “Young talent constantly innovate and bring creativity and vigor. They are shaping the future of this company,” Chen said. “You will see more of them taking on critical roles in the next six to 12 months as we continue to create opportunities for them to step up.” Chen was appointed CEO on July 1, 2020, and Chairman on March 17, 2021. He made the comments as Pinduoduo reported...

SHANGHAI, China, Nov. 26, 2021 (GLOBE NEWSWIRE) — Pinduoduo Inc. (NASDAQ: PDD), China’s largest agriculture platform, pledged to deepen its investment in research and development (R&D) and agricultural technology to raise productivity and promote long-term sustainable development. The company posted 21.5 billion yuan ($3.3 billion) in revenue for the three months ended September, while the number of users who placed orders in the trailing 12-month period rose to 867.3 million. “We are placing more focus on investments in R&D, away from the previous emphasis on sales and marketing in our first five years,” said Chen Lei, Chairman and Chief Executive Officer of Pinduoduo. “We want to leverage our strength in technology to deepen our digital inclusion efforts in agriculture, and will allocate all profits from the third quarter...

Comment on the interview for the journal Dienas Bizness The Management Board of  “Olainfarm” got acquainted with the interview with Roberts Tavjevs, Member of the Board of the largest shareholder AS “AB CITY”, who controls 50.93% of the company’s voting capital, for the journal Dienas Bizness, which provides information on future plans for “Olainfarm”, including the perspective of profit distribution, namely, that no dividends are planned to be paid in the next five years. The Management Board of “Olainfarm” informs that the above-mentioned is contrary to the dividend policy approved by the Council of “Olainfarm”. At the same time, it should be noted that only the shareholders’ meeting has the right to decide on the amount of dividends to be paid to “Olainfarm” shareholders. Changes to the dividend policy, if necessary, shall be...

Helsinki, Finland, November 26, 2021 at 12.00 p.m. – QPR has signed an agreement to deliver QPR ProcessAnalyzer SaaS solution to a multinational pharmaceutical corporation. To understand their actual business processes, the customer has selected QPR ProcessAnalyzer as their preferred process mining technology. QPR ProcessAnalyzer will support their understanding of business processes within the complex IT system landscape in which they operate. The objective is to, already before the end of 2021, analyze several different end-to-end processes and to then continue using process mining technology as one of their core business process management tools. Furthermore, the customer plans to harmonize and standardize business processes as well as related IT systems, which QPR enables by providing fact-based process insights. The customer...

CNH INDUSTRIAL N.V.GDA IVECO TWAYCNH INDUSTRIAL N.V.GDA Steyr Terrus CVTThe German Design Council has named the STEYR Terrus CVT tractor and the IVECO T-WAY truck as “Excellent Product Design” Winners. The German Design Awards series is one of the most prestigious in the design landscape across all industries. London, November 26, 2021 CNH Industrial (NYSE: CNHI / MI: CNHI) has been recognized with two “Excellent Product Design Winner” distinctions for its STEYR and IVECO brand products in the German Design Awards, the premier award of the German Design Council (est. 1953). The winning designs were determined by a jury of 37 eminent design experts spanning 10 nationalities and representing the design industry, business, academia, and science. The Terrus CVT tractor from the company’s agricultural specialist...