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SF Intra-city(09699.HK) Expand Its on-demand Delivery Business in Hong Kong in July

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Rider App “SoFast Rider” Launched
Hourly Revenue Up to HKD $300

HONG KONG, June 26, 2024 /PRNewswire/ — Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city”, Stock Code: 9699.HK), China’s largest third-party on-demand delivery service provider, is pleased to announce that it will develop and expand its intra-city on-demand delivery services in Hong Kong, China in July 2024. Leverage its extensive industry experience and operational strengths of on-demand delivery industry accumulated over the years, SF Intra-city aims to provide better services to merchants and consumers.

Together with recent recruitment postings on various platforms, SF Intra-city is actively recruiting a large number of rider partners, including walkers, bicycle riders, drivers of motorcycle, passenger car, and van in Hong Kong. The rider-specific mobile application (App), “SoFast Rider”, for the Hong Kong region has been officially launched gradually and has been  available for public download on major mobile app stores. SF Intra-city will launch its services in Hong Kong under the “SoFast” brand.

The recruitment postings show that unlike food delivery services, the platform’s delivery tasks will primarily focus on documents, small parcels rather than food delivery. The per-kilometer income for deliveries is twice as high as other food delivery platforms, and the hourly revenue can reach up to HKD $300. Riders can choose delivery tasks based on their own schedules without any fixed online time limits, allowing them to freely decide how many tasks to accept. Additionally, they can participate in lucrative incentive programs.

It is reported that SF Intra-city has always regarded its riders as primary partners, placing the utmost efforts to protect their rights and interests, providing them income opportunities and long-term development. This initiative aims to offer Hong Kong riders the opportunity to “earn flexibly, accept orders freely, enjoy stable order volumes, and receive generous rewards,” fostering a mutual beneficial ecosystem.

SF Intra-city has introduced a range of equipment for Hong Kong riders featuring the “SoFast” logo, including T-shirts, vests, hand carry cases, backpacks, sun protection clothing, and rain gear. Currently, the first batch of registered riders will receive “SoFast” basic gear (T-shirt or vest) for free, and those who become pioneer riders would have the chance of receiving the  full “SoFast” gear set for free.

In recent years, the on-demand delivery market in mainland China has experienced rapid development. According to data from iResearch, the market size of on-demand delivery industry in mainland China is expected to maintain high growth from 2023 to 2028, and is projected to RMB 810 billion by 2028. Data from the Hong Kong Census and Statistics Department shows that revenue from local courier activities business in Hong Kong recorded a rapid growth of 116% to HKD 2,253 million during 2012 to 2020. This indicates significant room for penetration and commercial development in Hong Kong’s on-demand delivery market in the future.

The expansion of SF Intra-city’s on-demand delivery business to the Hong Kong market marks an important milestone for the Group in its overseas expansion development. Last year, the Group’s business continued to grow healthily, pioneering the industry in achieving profitability, fully demonstrating the release of the Gorup’s economies of scale and network effects in the mainland business. Moreover, the Group’s differentiated services attracted high-value orders while technology-driven comprehensive co-ordination and scheduling has boosted the efficiency of the delivery network. The continuous measures to refine management and improve operational quality have enhanced the efficiency of resource input-output.

The Group’s business integration in various markets in mainland China, including food delivery, instant retail, personal services and last-mile delivery have unlocked more exciting business opportunities, which will lead to a more even distribution of orders. This has driven improvements in the operational efficiency of riders around-the-clock, allowing the Group to increase business scale and rider order density.

SF Intra-city will strive to leverage its extensive and successful experience in on-demand delivery from the mainland China market, along with its leading technology and solutions, to offer high-quality on-demand delivery services to Hong Kong users. The third-party multi-scenario business model, proven in the mainland China market, is expected to be effectively applied in Hong Kong. By partnering with various e-commerce platforms and new retail brands, SF Intra-city will bring more momentum and growth opportunities to Hong Kong’s on-demand delivery market.

As the largest third-party on-demand delivery platform in China, SF Intra-city is actively exploring overseas expansion to find new growth opportunities. Entering the Hong Kong market will help SF Intra-city validate its business model in international markets, aiding the Group in discovering more opportunities abroad in the future. As SF Intra-city strives to fulfill its mission of “letting more people enjoy a close and beautiful life,” the Group looks forward to steady progress, high-quality growth, and delivering increased value to shareholders and investors.

View original content:https://www.prnewswire.com/news-releases/sf-intra-city09699hk-expand-its-on-demand-delivery-business-in-hong-kong-in-july-302183937.html

SOURCE SF Intra-city

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Azentio deepens regional commitment with new flagship offices in Dubai and Cairo

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DUBAI, UAE, April 24, 2025 /PRNewswire/ — Azentio Software, a leading technology enabler in the BFSI space, is proud to announce the opening of newly expanded and upgraded office spaces in Dubai, United Arab Emirates, and Cairo, Egypt, as part of its ongoing growth strategy in the Middle East and Africa region.

While Azentio has maintained a strong presence in both cities for many years, these new offices represent a significant milestone in the company’s regional evolution, reflecting its long-term commitment to closer client engagement, local innovation, and talent investment.

The new Dubai office, located in Business Central Towers in Dubai Internet City (DIC), will serve as Azentio’s Middle Eastern regional hub and a true Center of Excellence for the business, playing a critical role in accelerating growth, driving operational excellence, and supporting clients across the region with even greater proximity and efficiency.

In Cairo, the larger, more sophisticated office space will further strengthen Azentio’s ability to collaborate with financial institutions, insurers, and enterprises, while also supporting local hiring and delivery capabilities.

This regional investment follows closely on the heels of Azentio’s recently expanded offices in Bangalore and Chennai, India, which were also officially unveiled this year. Together, these developments underscore the company’s focus on expanding its operational footprint in high-growth markets and supporting customers with on-the-ground presence and expertise.

“We’ve always believed in being close to our customers, and this next chapter in Dubai and Cairo is a reflection of that philosophy,” said Sanjay Singh, CEO at Azentio Software. “These new spaces are more than just offices, they’re a signal of our intent to double down on our presence in the MEA region and continue to invest in the resources and environments that will help our teams, and our clients, thrive.”

About Azentio

Azentio is a leading provider of purpose-built, intelligence-driven technology solutions designed to transform the banking, financial services, insurance (BFSI), and enterprise resource planning (ERP) sectors. By combining cutting-edge innovation with deep domain expertise, Azentio empowers businesses to accelerate growth, enhance operational efficiency, and stay ahead in a rapidly evolving market. With a strong presence across the Middle East, Africa, and Southeast Asia, Azentio delivers world-class technology that streamlines processes and delivers tangible results, enabling organizations to achieve sustainable success. For more information on Azentio, please visit www.azentio.com.

Logo: https://mma.prnewswire.com/media/2670942/Azentio_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/azentio-deepens-regional-commitment-with-new-flagship-offices-in-dubai-and-cairo-302436000.html

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LianLian Global and 12 Victory partnering to offer Pay to China solution to the Thai market

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HANGZHOU, China, April 24, 2025 /PRNewswire/ — Addressing the demand for seamless and secure international transfers, LianLian Global and 12 Victory are proud to introduce a new generation in remittance services. This strategic partnership delivers a fast, reliable, and fully compliant channel for remitting funds from Thailand to mainland China, adhering to the State Administration of Foreign Exchange (SAFE) regulations.

This collaboration leverages LianLian Global’s innovative LianLian Global Payout Service (LGPS) to ensure that remittances are processed with SAFE approval, significantly reducing the risk of funds being frozen.

The solution facilitates seamless B2B, C2C, and B2C transfers to China, providing businesses and individuals with a remittance process that is efficient and transparent. The partnership aims to provide a secure and transparent channel that adheres to all SAFE regulations, ensuring funds are transferred quickly and efficiently with minimised risk.

LGPS offers a faster, more cost-effective and reliable method for automating international payments by leveraging LianLian Global’s extensive global payout network with over 60 licenses worldwide. This empowers financial institutions and PSPs to provide streamlined, transparent global payments to their clients, ensuring recipients receive the full intended amount while optimizing speed and cost.

LianLian Global, as a core cross-border payment brand of Lianlian DigiTech (Stock Code: 2598.HK), is a comprehensive and innovative enterprise in cross-border finance and services in China. LianLian Global, together with industry eco-partners, has created a one-stop cross-border trade service platform that integrates store opening assistance, global funds collection, global acquiring, global payout, Lianlian FX[1], Lianlian financing service platform[2], tax refund assistance and other services to help Chinese brands expand their overseas markets. 

[1] The exchange rate of LianLian Global FX business is provided by partner banks
[2] The financing products and corresponding contents displayed on the Lianlian financing service platform are provided by relevant licensed institutions

The Twelve Victory Group of Companies strives to be a leader in foreign exchange services by offering more than 30 different currencies to our customers at a very reasonable rate. In the currency exchange business, the Company is one of the key components to support the country’s economic growth. including education, exports, international trade, foreign investment and the tourism sector. The company has foreseen the massive inflow of foreign currencies into Thailand, hence our aspiration to extend our range of comprehensive services base to both domestically and internationally.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/lianlian-global-and-12-victory-partnering-to-offer-pay-to-china-solution-to-the-thai-market-302436918.html

SOURCE Lianlian

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Vietnam Pro Wrestling Hosts the Biggest Week in the Country’s Wrestling History at The Grand Ho Tram

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Vietnam Pro Wrestling just delivered the biggest week in Vietnamese wrestling history with two blockbuster events—an international showcase at The Grand Ho Tram and its 11th consecutive sellout in Ho Chi Minh City.

HO CHI MINH CITY, Vietnam   , April 24, 2025 /PRNewswire-PRWeb/ — While the wrestling world focused on WWE’s WrestleMania weekend in Las Vegas, halfway across the globe, Vietnam Pro Wrestling (VPW)—Southeast Asia’s fastest-growing promotion—was making history of its own.

“It’s been the thrill of a lifetime to work alongside our roster of homegrown stars and collectively build VPW into what it is today. The rise of VPW shines a global spotlight on Vietnam as a major player in the future of sports entertainment.” — Carey Wass, CEO of Vietnam Pro Wrestling

VPW just delivered the biggest week in Vietnamese pro wrestling history with back-to-back major events: Ho Tram Slam, the country’s first-ever international professional wrestling showcase held at the world-renowned The Grand Ho Tram, and Saigon Slam, its 11th consecutive sold-out show—a major milestone for Vietnam’s rapidly growing entertainment scene.

Founded in 2015 as a small wrestling club, VPW has grown into a premier destination for sports entertainment. On April 12, 2025, VPW hosted Ho Tram Slam at The Grand Ho Tram, Vietnam’s most iconic resort. The event drew fans from China, South Korea, and beyond, showcasing Vietnam’s rise as a new global hub for live events.

The event featured elite athletes from seven countries across four continents, including:

The Juicy Boyz (Malaysia)Aiden Rex (Singapore)Sunny Z (Chinese-Canadian)The British Horror (UK)The Natural Classics (Australia), brothers Tome and Stevie Filip, fresh off a tour with Japan’s New Japan Pro Wrestling

Vietnam’s top local talent also took centre stage, including founder “Awesome Taurus” Rocky Huynh, fan-favourite “The Unstoppable Force” Ares, and a guest appearance by beloved comedian Phương Nam from Saigon Tếu.

Just one week later, on April 19, VPW returned to Ho Chi Minh City for Saigon Slam at VAIB Studio—its 11th straight sold-out event. It marked the first time in company history that two flagship shows were successfully delivered on consecutive weekends.

This historic doubleheader comes as Vietnam cements its place as a cultural and economic leader in Southeast Asia. With a dynamic creative economy, a young, digital-native population, and growing demand for premium live entertainment, VPW is the undisputed home of professional wrestling in Vietnam—a national entertainment brand that’s redefining what’s possible in Southeast Asia.

With:

Millions of social media views,A newly launched bilingual website,And a feature-length U.S. documentary produced by AEW icon Chris Jericho, set for release in 2025,

…VPW is gaining momentum as a rising force in the international sports entertainment industry.

“It’s been the thrill of a lifetime to work alongside our roster of homegrown stars and collectively build VPW into what it is today,” said Carey Wass, CEO of Vietnam Pro Wrestling. “The rise of VPW shines a global spotlight on Vietnam as a major player in the future of sports entertainment.”

Looking forward, VPW will continue expanding its national tour, preparing Vietnamese talent for international appearances, and working toward a long-term vision that includes hosting Southeast Asia’s own WrestleMania-style weekend.

ABOUT VPW: Vietnam Pro Wrestling (VPW) is Southeast Asia’s fastest rising professional wrestling promotion. Founded in 2015, VPW has grown from a community club into a major live events brand, known for producing high-energy shows that combine athleticism, storytelling, and global appeal. Based in Ho Chi Minh City, VPW has delivered over a dozen sellout events and continues to develop talent, build partnerships, and expand its reach across Vietnam and beyond.

Media Contact

Carey Wass, Vietnam Pro Wrestling, 84 702037402, media@vietnamprowrestling.com, www.vietnamprowrestling.com

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SOURCE Vietnam Pro Wrestling

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