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NativeX, Vietnamese EdTech Startup Raises $4 Million in Just 8 Months to Revolutionize English Learning for Working Adults

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HO CHI MINH CITY, Vietnam, Feb. 23, 2024 /PRNewswire/ — NativeX, the innovative EdTech startup, has just secured $4 million in total funding within just 8 months since its launch. NativeX raised $1.5 million from angel investors through SAFE instruments in June 2023, and it now completes its seed round for an additional $2.5 million. The round is being co-led by Ansible Ventures and Blueprint Ventures, with the participation of Northstar Ventures and other investors. With this significant funding, NativeX is well-positioned to advance its mission of revolutionizing English learning for 10 million busy working professionals in Vietnam, before moving to other SEA markets.

Valerie Van V., Founding Partner at Ansible Ventures, emphasized the alignment between NativeX’s innovative approach and their investment thesis, stating, “Improving education through upskilling will be a crucial pillar in Vietnam’s EdTech market. Despite attracting international investments, Vietnam’s labour productivity lags behind other Asian countries, ranking 136th out of 185 countries as of 2021. This situation necessitates the development of training curricula and investment in top talent by local Vietnamese companies to remain competitive. As manufacturers strive to produce higher quality products, the demand for skilled labour will rise. Consequently, initiatives for transformation and upskilling, particularly on-the-job training, will receive increased investments and efforts from business owners in Vietnam. We are excited to co-lead this NativeX seed round and firmly believe in the company’s potential to empower top Vietnamese talents as they advance in their careers.”

Huiting Koh, Founding Managing Partner at Blueprint Ventures, highlights the hallmarks of building NativeX into a leading brand in the EdTech space, sharing, “The company solves a true pain point for Vietnam’s working professionals. The ability to get ahead in their careers is increasingly dependent on a good grasp of the English language – reading, writing, comprehension and verbal communication. NativeX delivers a product that has a strong product human-need fit, creates an emotional affinity with its end consumers by empowering them to reach their goals, and aligns with their values by helping them get ahead in life. These are elements of a strong foundation for NativeX to become a lasting brand. The strong user and engagement metrics at this early stage are equally impressive, combined with the market’s demand for their product. We are excited to partner with our esteemed co-investors and back this experienced management team to build a trusted and credible education technology brand for adult English learning in Vietnam.”

Introducing NativeX and Its Innovative Approach to English Learning for Professionals

NativeX believes that English proficiency is key to unlocking the career potential of working professionals, particularly for local tech talents aiming to compete in the global tech labour market. Founded in April 2023, NativeX aims to transform how working adults in Vietnam learn English by offering a comprehensive online platform. This platform includes live classes taught by experienced foreign teachers and provides flexible scheduling options to accommodate the busy lives of working professionals.

A standout feature of NativeX is its innovative and flexible group class model, allowing learners to book classes that suit their schedules. The collaborative and supportive learning environment is created by grouping learners with similar proficiency levels. This is proven to be effective. Ms. Ai Chau, Co-Founder and Head of the Academic team, highlights the company’s unique content-led approach to curriculum design and learning experience, ensuring scalability and consistency in teaching quality as they scale.

Success in the First Year: Transforming Careers Through English Proficiency

NativeX has already achieved significant success in its first year of operation, with learners reporting notable improvements in English communication skills. The platform attracts a diverse range of learners, including 50% managers and professionals in IT, healthcare, marketing, and business fields. Continuous learning and adaptation based on user feedback and market trends have been key principles guiding NativeX’s growth.

Trang Ly, Co-founder and Head of Growth and Engagement, proudly shares that 75% of MAU remains active on the platform after 7 months and those users typically spend 12-15 hours per month learning English. The platform has also gained trust from its user base which is reflected in the very high average order value, 2-3x compared to the EdTech industry average in Vietnam.

Founding Story and Future Plans: Building an Engaging Upskilling Education Platform

The founding of NativeX was inspired by the founders’ personal experiences and the recognition of the limitations of traditional learning methods. The team aims to build a highly engaging upskilling education platform for busy working adults, with English learning being the first vertical.

Looking ahead, NativeX plans to allocate 80% of the seed funding to accelerate product development. The company aims to launch a new conversational English program in June for intermediate-level users, incorporating soft skills training as well. Ms. Ai Chau emphasizes the uniqueness of their approach: “Why only English? Why can’t we learn English and something else useful at the same time?”

Vietnam has increasingly become an attractive destination for multinational corporations to outsource given its young population and political stability. This will certainly create many more higher paying jobs but also requiring a much higher English proficiency level to ensure higher quality of business and efficiency. In addition to support local workforce to capitalise on better employment opportunities in FMCG and Services sectors, NativeX also plans to collaborate closely with IT engineers to develop an ecosystem supporting their success in the global outsourcing IT market.

About NativeX

NativeX is a disruptive Vietnamese EdTech startup that aims to revolutionize English learning for working adults. Founded in April 2023, NativeX offers a comprehensive online platform that provides live classes taught by experienced foreign teachers. With its innovative and flexible group class model, NativeX creates a collaborative and supportive learning environment for professionals with busy schedules. The company is committed to helping working adults unlock their career potential through English proficiency. For more information, visit https://nativex.edu.vn/

Photo for press release: Link

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SOURCE NATIVE X EDUCATION TECHNOLOGY JOINT STOCK COMPANY

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Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

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HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

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SOURCE Leoguar Electric Bikes

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2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

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SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

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SOURCE Waton Securities

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Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

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SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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