Technology

Custom Ink Names Former Realtor.com CEO David Doctorow as New CEO

Published

2 months ago

July 19, 2024

Co-Founder and Outgoing CEO Marc Katz to Remain as Chairman

FAIRFAX, Va., July 19, 2024 /PRNewswire/ — Custom Ink, the online leader in custom wearables and other swag for organizations, groups, and communities, today named former Realtor.com CEO David Doctorow as the company’s new CEO. Doctorow will take the reins and join the company’s Board of Directors in August, while co-founder and outgoing CEO Marc Katz will remain Chairman of the Board.

“Leading Custom Ink and working with such great people has been an amazing 25-year experience,” said Katz. “We’ve undertaken major changes since the pandemic to refocus on our digital roots, and now it’s time for a new CEO to lead us to new heights. David is a proven leader with an impressive track record building digital business. He’s also a terrific person, and the Board and I have enormous confidence in him to lead Custom Ink.”

Over a thirty-year career, Doctorow has helped transform and grow some of the world’s best known technology businesses in the travel, e-commerce, and real estate industries. He most recently served as CEO of Realtor.com, where he led the business to record revenue, profit, and consumer satisfaction, while also earning “Best CEO” recognition from Comparably.com based on employee surveys. Earlier, he led significant growth in eBay’s customer acquisition & retention as head of Global Growth and helped Expedia double its sales and profit as Chief Marketing & Strategy Officer.

“What Marc and team have accomplished over the last 25 years is remarkable, and I’m honored and excited to step into the CEO role and lead Custom Ink going forward,” said Doctorow. “This is a great company, built on a foundation of strong values, and I feel deeply aligned with its mission to help people create a stronger sense of community and connection. I also see tremendous potential for further growth and look forward to working with my fellow Inkers and our partners to keep wowing customers and building the business.”

Katz and his co-founders began working on the business in 1999 and formed the company in early 2000. In the years since, Custom Ink has helped millions of people foster and celebrate lasting connections among their friends, family, teammates, and colleagues with inspired custom products people are proud to wear and use.

Michael Kumin, Managing Director of Great Hill Partners, the company’s primary growth equity backer, added, “We’re grateful to Marc for all he’s done to build the business to this point, as well as his continued support as Chairman. He’s handing off a great brand, streamlined operating model, and the strongest profitability in the company’s history, and we’re thrilled to have David leading us forward from here.”

About David Doctorow

From early 2020 to mid-2023, Doctorow served as CEO and led the transformation of Move Inc., a portfolio of real estate brands that includes Realtor.com. During his tenure, the business achieved all-time highs in revenue, EBITDA, and audience, consistently out-pacing competitors and increasing employee engagement. In that role, Doctorow was recognized among the top 50 “Best CEOs” by employee review site Comparably based on millions of survey ratings across 70,000 companies.

Prior to Move Inc., Doctorow spent four years at eBay, where he led Global Growth from 2016 to 2020. Under his leadership, the company transformed its marketing product, technology, and data science, resulting in major increases in Global Growth-driven revenue, audience, and active buyers.

Before joining eBay, Doctorow spent five years from 2011 to 2016 as Chief Marketing and Strategy Officer at Expedia, the leading travel technology company, where he helped guide the overall reacceleration of the business and an industry consolidation that included Orbitz, Travelocity, and a number of international brands. At Expedia, David’s team drove significant increases in revenue and EBITDA. In that role, he was named one of “Top 50 CMOs to Watch” by Boardroom Insiders and a Forbes “Top 50 Most Influential CMO.”

Earlier in his career, Doctorow worked in management consulting with McKinsey & Co., marketing, sales, and operations with Hewlett-Packard, and investment banking with Deutsche Bank and Dillon, Read & Co. Inc.

Doctorow holds a bachelor’s degree in International Relations from the University of Pennsylvania and an MBA from Stanford University Graduate School of Business.

About Custom Ink

Custom Ink is the online leader in custom wearables and other swag for organizations, groups, and communities. The company helps people bring their families, friends, teammates, and colleagues together with inspired products they are proud to wear and use. Custom Ink makes the customization process fun and easy with innovative design tools, caring customer service, creative design inspiration, and high-quality merchandise. Custom Ink owns Swag.com, the most recognizable provider for corporate swag, Printfection, a leading swag platform for enterprise buyers, and Swag Space, an end-to-end white-label platform for promotional product distributors. It also offers Custom Ink Fundraising, a platform to raise money and awareness for charities and personal causes through the sale of custom t-shirts and other apparel.

Media Contact:
Andrew Weinstein
202-667-4967
380622@email4pr.com

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SOURCE Custom Ink

Technology

Firstsource positioned as a ‘Leader’ in Lending Services Operations PEAK Matrix® Assessment 2024 by Everest Group

Published

45 mins ago

September 27, 2024

MUMBAI, India, Sept. 27, 2024 /PRNewswire/ — Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has been positioned as a Leader in the Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.

The Lending Services Operations PEAK Matrix ® Assessment 2024 evaluated and classified 30 lending service providers based on their market impact, and vision, and capability, as well as scalability and client references into the three categories of Leaders, Major Contenders, and Aspirants. Firstsource was positioned as a ‘Leader’ among service providers for achieving growth, despite challenging market conditions, offering a balanced range of services across the lending value chain—commercial, consumer, mortgage, and auto lending – providing a diverse set of clients with a complete experience, driving innovation, and investing to augment their Al-based in-house solutions suite.

Vivek Sharma, President – BFS, CMT, and Emerging Geos, Firstsource, shared, “Being recognized as a Leader in the 2024 Lending Services Operations PEAK Matrix® Assessment is a powerful validation of our focused strategy. We have deliberately chosen to limit our domains and deepen our expertise in those areas, and this recognition reinforces that commitment. Our comprehensive operations, supported by Collection and Lending Innovation Labs in the U.S. and U.K., leverage AI-driven solutions and a strategic global reach to enhance customer experience, drive operational excellence, and deliver innovation—all under one roof.

“As the lending services industry continues to evolve, our emphasis on innovation and value creation across the entire lending value chain positions us as a trusted partner for organizations seeking to future-proof their business. This acknowledgment highlights our role in driving the future of the industry and solidifies our leadership in delivering cutting-edge solutions that meet the complex needs of our clients.”

Sahil Chaudhary, Practice Director, Everest Group, shared, “Firstsource’s impetus on innovation and digital solutions has helped it to drive growth, as well as making it a preferred BPS partner amid the challenging economic landscape in the lending operations market. Their well-diversified clientele across the lending value chain, combined with strategic investments in in-house AI-based solutions, has established it as a Leader in Everest Group’s Lending Services Operations PEAK Matrix® Assessment 2024.”

To download a copy of the assessment, please visit: Firstsource Named a Global Leader by Everest Group Peak Matrix 2024 – Firstsource

About Firstsource

Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: FISO.BO) (Bloomberg: FSOL:IN), is a specialized global business process services partner, providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes. (www.firstsource.com)

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Technology

TRIBIT will launch its 200W Bluetooth Speaker StormBox Blast 2 in mid-October

Published

45 mins ago

September 27, 2024

This time, immerse yourself in the music, live for live

NEWARK, Calif., Sept. 26, 2024 /PRNewswire/ — TRIBIT, a global audio brand, targets the mid-October launch of the upgraded StormBox Blast 2 portable Bluetooth speaker. Following on from the success of its predecessor, StormBox Blast, the StormBox Blast 2 now has upgraded features including a higher IP67 waterproof rating, Bluetooth 5.4 and a huge 200W output power.

Explosive 200W* Output

Featuring an 80W subwoofer with diamond reinforcement ribs, dual 45W mid-range drivers, and two 15W silk dome tweeters, the StormBox Blast 2 delivers precise beats and notes. Its 2.1 channel design, powered by two advanced Ti amplifiers, ensures balanced and dynamic sound, while dual large passive radiators enhance the bass for deeper resonance.
*AC Power: 200W; Battery Power: 180W

Fun & Interactive Karaoke

Host a karaoke party with the TRIBIT speaker which boasts the professional-grade karaoke function with an adjustable Reverb effect! Supporting dual wired or wireless microphone connections, this party speaker enables you to sing solo or in a duet. Better still, state-of-the-art Bluetooth 5.4 ensures an optimal listening experience with TWS connectivity. What’s more fun than getting friends or family together for a good old sing song?

Customized Dynamic Lighting

The StormBox Blast 2 also features customizable dynamic lighting for a fantastic light show! The speaker can be synced to the pulse and rhythm of the song playing or users can pick a favorite color in the TRIBIT App to add a stunning touch to bars, weddings, festivals, and everything in between.

Unstoppable 30hrs Playtime

Worried about the tunes suddenly stopping mid-event? The StormBox Blast 2 has a 30-hour playtime to ensure there’s enough power to keep party goers dancing into the night! Thanks to the colossal battery capacity, the speaker can also be used to charge phones or other electric gadgets to be certain nothing will run out of juice!

About TRIBIT:

Back in 2017, TRIBIT was born with one singular focus: to inspire outdoor exploration while embracing the beauty of nature and the magic of sound. Just like stepping into a journey where melodies of innovation resonate with your soul, TRIBIT decodes the music mystery with the notes of “do re mi”.

We strive to make high-quality audio accessible to all, orchestrating auditory brilliance. So now turn up the volume on your TRIBIT and treat yourself with better beats!

Contact:
Miriam Lin
media@tribit.com

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SOURCE TRIBIT

Technology

Linglong’s European Factory Has Achieved Mass Production

Published

45 mins ago

September 27, 2024

BELGRADE, Serbia, Sept. 26, 2024 /PRNewswire/ — In the middle of September, 2024, Linglong International Europe d.o.o., the first Chinese tire factory in Europe, officially started mass production. Another important project in Linglong Tire’s “7+5” global strategic blueprint has come to fruition, and the global strategic layout has started a new journey!

Serbian President Aleksandar Vučić led government departments at all levels, together with Chinese Ambassador to Serbia Li Ming, industry authorities, well-known experts from universities, as well as Linglong’s global partners and media friends, to attend this grand event.

Since its launch in 2019, Linglong Europe has attracted global attention with its grand blueprint of a total investment of US$990 million and an annual production capacity of 13.62 million high-performance radial tires.

During its construction, Linglong’s European factory has deeply integrated cutting-edge technologies such as artificial intelligence, mobile sensing, industrial big data, and industrial robots. It is committed to becoming a benchmark for tire production that is safe, environmentally friendly, intelligent, automated, and green, and becoming one of the leading digital factories in the global tire industry. It has achieved full automation and digital management from the warehousing of raw materials to the delivery of finished products, greatly improving product quality and production efficiency.

Furthermore, the “green, clean, civilized, and lean” new factory model advocated by Linglong Europe will lead the industry towards a more environmentally friendly, efficient, and intelligent direction.

During their in-depth visit to the production workshops of Linglong Europe, the visiting leaders and guests all expressed sincere admiration for the factory’s high level of intelligence, unanimously acknowledging it as a model in the tire manufacturing industry that they have personally witnessed, and an “incredible factory” beyond their imagination in terms of intelligence. President Vučić emphasized during his visit, “It’s unbelievable and incredible. I feel so proud and happy.”

With the official mass production of its European project, Linglong has taken an important step in its globalization strategy in the European market. The factory will provide European and surrounding market users with an excellent driving experience through high-performance products featuring green, low-carbon, low rolling resistance, and strong handling capabilities, as well as superior services. This milestone achievement not only promotes the construction and improvement of Linglong’s overseas OE system, but also significantly enhances the competitiveness and influence of Chinese tire makers in the global market.

In August 2024, with the Linglong Europe developing rapidly, Linglong announced the launch of the Linglong Phase II expansion project in Europe. After the expansion project is completed, it will add an annual production of 1.1 million high-performance radial tires of various types, including 800,000 sets of commercial vehicle tires, 50,000 sets of engineering radial tires, 150,000 sets of agricultural radial tires, 100,000 sets of retreaded tires, and liquid reclaimed rubber, photovoltaic power generation and other projects.

At the mass production ceremony, Linglong Tire signed an additional investment memorandum with the Serbian government. The signing of this agreement is not only a full affirmation of the previous cooperation results, but also lays the foundation for the smooth progress of the European Linglong expansion project.

In the future, Linglong Tire will take the project’s mass production as an opportunity, aim at the high-quality joint construction of the “Belt and Road” between China and Serbia, strengthen compliance operations and safety production management, and promote future project construction with high standards and strict requirements. At the same time, the company will actively fulfill its social responsibilities, establish an excellent corporate culture image, and contribute more to promoting China-Serbia economic and trade cooperation to a higher level and promoting Chinese manufacturing to the world stage!

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SOURCE Shandong Linglong Tyre Co., Ltd.