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Unlocking Success: How Newborn Town Dominates the MENA Social Networking Market

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HONG KONG, May 27, 2024 /PRNewswire/ — Newborn Town, a rising social networking company, has garnered significant attention in the Middle East and North Africa (MENA) market. Known for its innovation in live voice chat platforms and social entertainment products, this Hong Kong-based tech company has made remarkable strides. This article explores the secrets behind Newborn Town’s success in the MENA region.

MENA’s Social Media Craze Sparks Market Potential

The MENA region has become a focal point for several social media and entertainment companies, as the area’s high fertility rate and young demographic structure generate substantial demand for socialization. The statistics from OCED revealed that the average age of countries like Saudi Arabia, Türkiye, and the UAE is around 31 years, creating a vast user base for social and entertainment products. Religious restrictions have further driven young people to online social networking and entertainment, creating a significant market void.

MENA boasts the highest social media usage globally, with each person maintaining an average of 8.4 social media accounts and spending at least 3.5 hours daily on these platforms. This high level of social interaction and the users’ strong desire to flaunt their wealth present lucrative monetization opportunities for social applications.

Filling the Market Gap

A majority of foreign social media companies, including Newborn Town, have successfully filled this market gap by catering to the young population’s structure, high entertainment demands, keen interest in social networking, and willingness to pay. These companies have tailored their social products to meet market needs, resulting in rapid market performance improvements and demonstrating their global potential.

According to Newborn Town’s 2023 annual result, the company achieved a total revenue of approximately 3.308 billion yuan, an 18% year-over-year increase. The net profit was around 761 million yuan, a 165% year-over-year increase. Adjusted EBITDA reached 675 million yuan, up 80% year-over-year. The net profit attributable to shareholders was 513 million yuan, reflecting a 294% year-over-year increase.

Key Determinants to NBT’s Success

Innovation and localization strategies play a significant role in Newborn Town’s success. For instance, MICO, Newborn Town’s flagship social product, has its interface customized to reflect Middle Eastern cultural features, using symbols like falafel and hummus to encourage user engagement.

Additionally, Newborn Town has designed diverse paid features within its apps to meet the specific demands of Middle Eastern users. For example, TopTop allows users to chat and play Dominoes and Ludo with others in online virtual rooms, catering to their entertainment and socializing needs at once. These localized features have improved user interaction and increased customer retention.

Besides apps that combine social networking and gaming scenarios, live voice chat platforms are also viral in the MENA region. As of September 2023, eight voice chat room apps were among the top 100 global entertainment apps in terms of daily revenue.

YoHo, Newborn Town’s flagship audio-based social product, has gained immense popularity in the MENA region due to its tailored features. These features cater to some users’ unwillingness to show their faces during online social networking, providing a platform for interaction without compromising modesty.

Recognizing the “chatty” nature of MENA users, YoHo introduced the “family” function, enabling like-minded individuals to form online communities and interact more closely.

Future Prospects

Mordor Intelligence projects the Middle Eastern media and entertainment market to grow from $42.72 billion in 2024 to $66.99 billion in 2028. Undoubtedly, this trend has opened a new chapter for foreign tech companies like Newborn Town to pursue opportunities and capture market share in the MENA region.

Newborn Town’s success in the MENA region would not have been possible without its diverse and innovative product offerings. As technology evolves, Newborn Town will need to continue iterating its products to tackle future challenges and maintain its competitive edge.

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SOURCE Newborn Town

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Aleut Achieves Prestigious CMMI Level 3 Certification in Four Key Domains

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January 9, 2025

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RESTON, Va., Jan. 9, 2025 /PRNewswire/ — Aleut Federal LLC (Aleut) proudly announces it has earned Capability Maturity Model Integration (CMMI) Level 3 certification in four key domains: Development (CMMI-DEV), Services (CMMI-SVS), Security (CMMI-SEC), and People Management (CMMI-PPL). This significant achievement highlights Aleut’s commitment to operational excellence and its ability to deliver high-quality, efficient and secure solutions. It demonstrates Aleut’s strength in optimizing product development, improving service delivery, enhancing security, and aligning workforce management to drive performance and engagement. 

CMMI, developed by the globally recognized CMMI Institute, is a framework for assessing and improving organizational performance. Achieving Level 3 certification affirms that Aleut’s processes are clearly defined, consistently applied, and supported by robust standards, tools, and methodologies. This milestone underscores the company’s ongoing dedication to operational excellence, mitigating risk, and delivering measurable performance success.

“This certification shows our customers that Aleut doesn’t just meet their mission-critical needs – we excel at it,” said Nick Trzcinski, President of Aleut Federal. “We are committed to continuous improvement, innovation, and delivering exceptional value. Aleut is a partner our customers can trust.”

Aleut’s CMMI Level 3 certification enhances its ability to deliver high-quality outcomes across all projects while optimizing efficiency and minimizing risks. Complemented by the company’s ISO 9001 certification for quality management, these achievements reinforcing Aleut’s adherence to internationally recognized standards, solidifying its position as a reliable and innovative partner for federal clients.

To read Aleut Federal’s CMMI Appraisal, click here.

ABOUT ALEUT FEDERAL
Aleut Federal LLC, a holding company within The Aleut Corporation’s federal services portfolio, is an Alaska Native-owned enterprise delivering vital services to the U.S. government across four primary sectors: Technology, Mission Support, Environmental, and Construction. Established under the Alaska Native Claims Settlement Act (ANCSA) of 1971, The Aleut Corporation is one of 12 regional Alaska Native corporations. Aleut Federal’s subsidiaries, including Small Business Administration (SBA) certified 8(a) program participants and Small Disadvantaged Business (SDB) entities, bring specialized capabilities to meet the diverse needs of federal agencies.

By achieving CMMI Level 3 certification, Aleut Federal strengthens its standing as an industry leader, driving performance excellence while delivering mission-focused solutions with unmatched quality and efficiency.

Contact:
Berlyn Martin
Aleut Federal, LLC
Phone: 276-244-3319

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SOURCE Aleut Federal, LLC

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Lowell Observatory Scientists to Present New Research at American Astronomical Society Winter Meeting- Including New and Unexpected Insights on Planet Formation

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January 9, 2025

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Lowell Observatory researchers will join more than 3,000 astronomers at AAS245 in Maryland from January 12-16, 2025

FLAGSTAFF, Ariz., Jan. 9, 2025 /PRNewswire/ — The American Astronomical Society’s winter meeting is the largest annual gathering of astronomers in the United States, and Lowell Observatory will be well-represented this year. Executive Director Dr. Amanda Bosh and Director of Science Dr. Gerard van Belle—both of whom just stepped into their positions—lead a contingency of more than a dozen scientists and support staff attending the meeting.

Lowell Observatory will be in attendance at Exhibitor Booth 521, with its astronomers, postdocs, predocs, and other researchers available to discuss their latest science research. Of particular note, Postdoctoral Fellow Taylor Kutra will share unexpected new ways planets may form, based on a study of a binary star system in Taurus that she leads. Kutra will present her findings during both a Tuesday (January 14) science session and Thursday (January 16) press conference.

Other Lowell Observatory scientists will present on topics including comets, asteroids, the Sun and Sun-like stars, exoplanets, a variety of star types, dwarf irregular galaxies, and space-based interferometry.

Bosh says, “The winter meeting of the AAS is a critical opportunity for astronomers at all stages of their careers to share their latest research and interact with colleagues from around the world. Lowell Observatory is pleased to send a strong contingency of our science team to actively participate in this year’s meeting in National Harbor.”

Media are welcome to attend AAS245 in person. A limited virtual attendance option is also available, with live access to press conferences, plenary talks, select town halls, and a virtual oral session. See https://aas.org/meetings/aas245/press.

AAS245 website: https://aas.org/meetings/aas245

AAS245 Presentations by Lowell Observatory Scientists: Full Schedule Here

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts over 100,000 annual visitors for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

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SOURCE Lowell Observatory

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CRTC consults on market dynamics within Canada’s broadcasting system

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January 9, 2025

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OTTAWA, ON and GATINEAU, QC, Jan. 9, 2025 /CNW/ – Today, the CRTC is taking another step forward to implement the modernized Broadcasting Act (the Act) by launching a public consultation on market dynamics within Canada’s broadcasting system.

Through this consultation, the CRTC will explore the dynamics between small, medium and large broadcasters, television service providers and online streaming services. The goal is to help ensure that Canada’s broadcasting system is sustainable, fair and competitive.

The CRTC is welcoming comments until February 24, 2025. Interested persons can participate by:

filling out the online form;writing to the Secretary General, CRTC, Ottawa, Ontario K1A 0N2;sending a fax to 819-994-0218.

As part of this consultation, the CRTC will hold a public hearing starting on May 12, 2025.

All comments will form part of the public record and will inform the CRTC’s decision.

The launch of today’s consultation follows a number of recent actions the CRTC has taken to implement the modernized Act. To find out more, check out the CRTC’s regulatory plan.

Quick facts

The CRTC is an independent quasi-judicial tribunal that regulates the Canadian communications sector in the public interest. The CRTC holds public consultations on telecommunications and broadcasting matters and makes decisions based on the public record.First Nations, Inuit, and Métis peoples and Indigenous organizations requiring assistance submitting comments, including oral interventions, can contact the CRTC’s Indigenous Relations Team.

Associated links

Participate in the consultationRegulatory PlanModernizing Canada’s broadcasting framework

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SOURCE Canadian Radio-television and Telecommunications Commission

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