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Webull’s assets under management (AUM) in the region has grown by more than 100%

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Webull’s Group President, Anthony Denier visits Asia-Pacific

BANGKOK, Sept. 6, 2024 /PRNewswire/ — Webull Corporation, a world-leading digital investment platform is thrilled to announce the successful conclusion of a recent visit to the Asia-Pacific region by Group President, Anthony Denier. This trip underscores Webull’s growth in the APAC region, and Webull’s ongoing commitment to expanding its footprint in the region. Building on Webull’s success in the U.S. market, Webull entered Hong Kong in 2020, followed by expansions into Singapore and Australia in 2022. In 2023, Webull entered Japan and Indonesia and most recently in 2024, Malaysia and Thailand. Since establishing its presence in the APAC region through Hong Kong, Webull’s assets under management (AUM) in the region has grown by more than 100%.

“We are incredibly proud of Webull’s rapid expansion in the APAC region. Since we entered the APAC market in 2020, we have seen a steady increase in our user base, with investors leveraging Webull’s trading tools to develop a comprehensive and diversified investment portfolio across the U.S and APAC markets. In the next two years, Webull aims to be the top three broker-dealer in every region, and we remain committed to developing innovative solutions that will allow us to grow significantly while ensuring trading remains accessible and affordable for all retail investors,” said Anthony Denier, Group President of Webull Corporation.

Strong American genes, deeply rooted in the global market

Launched in the U.S. in 2018, Webull has since expanded its reach to Asia Pacific (APAC), Europe, and Latin America, achieving over 40 million downloads globally and surpassing 20 million registered users. In 2023, Webull’s average daily trading asset volume has a year-on-year increase of nearly 40%. The equity notional volumes of U.S. stock trades, reflecting platform user trading activity, reached US$371 billion, and the number of futures contracts traded reached 430 million. In Q4 of 2023, Webull achieved a user retention rate of 98%, and in the U.S. market alone the retention rate was as high as 94%. These performances demonstrate the smooth trading experience for users and the trust they have in Webull.

As one of the leading digital brokerages in the U.S., Webull continues to strengthen its presence across 13 global markets. Its strong foundation in the U.S. allows Webull to serve as a key gateway for local investors in APAC to access the U.S. market. In addition, Webull is committed to providing both the tools and knowledge needed to empower investors to better navigate U.S. securities, making Webull a trusted brokerage amongst local investors.

The recent launch of Webull Thailand has been a spotlight within the region. Anthony Denier has engaged Chonladet Khemarattana, CEO of Webull Thailand and a veteran in fintech industry, to discuss the accelerating growth in the area and the expansion of product offerings to cater to a burgeoning customer base.

With a number of industry firsts, entering the Thailand market powerfully

Webull is the first US brokerage in the country to get a license to operate in Thailand, as well as the first to launched 24-Hour US Stocks and ETFs Trading feature there.

Webull is also the first online broker to offer Nasdaq Total View Level 2 (LV2), an advanced market data feed that offers comprehensive insights into the United States stock market, specifically for stocks listed on the Nasdaq exchange. By having access to Total View data, Thai investors can gain a clearer understanding of the demand and supply dynamics for a stock at various price points, beyond just the best bid and ask. This transparency helps investors gauge the direction in which the price of a stock may move.

Additionally, Webull Thailand is the first online brokerage in the country to introduce index options trading, helping Thai investors to diversify their portfolios beyond individual stocks and/or hedge against the market downturn. In terms of platform capabilities, the Webull App equips Thai investors with sophisticated trading tools and the most extensive array of order types to enhance their trading strategies. Beyond its advanced products and features, Webull also dedicated to providing the local individual investors with efficient trading services, low-barrier, and more favourable commission rates to help them access global investment markets.

“Our proven operational model in the U.S. has allowed us to quickly meet the demands of Thai investors, offering them access to professional trading tools and the U.S. markets. We are committed to expanding our product line and continuously adding features that will empower our users to navigate the dynamic global financial landscape with confidence.” added Chonladet Khemarattana, CEO of Webull Thailand.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/webulls-assets-under-management-aum-in-the-region-has-grown-by-more-than-100-302240451.html

SOURCE Webull Securities (Thailand) Company Limited

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Eoptolink Releases OSFP 1.6T DR8 and 2FR4 Series Transceivers for AI/ML Clusters and Cloud Datacenter Networks

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September 20, 2024

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CHENGDU, China, Sept. 20, 2024 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, announces the release of its OSFP 1.6T DR8/DR8-2 and 2xFR4 transceivers enabling the next generation high bandwidth networks for AI/ML clusters and cloud datacenters.

Eoptolink 1.6T OSFP transceivers have 8 electrical host interfacing lanes and 8 optical lanes operating at 212.5Gb/s (106GB with PAM4). Equipped with the industry’s latest DSP, these modules support transmission distances of up to 2km without the need to regenerate the FEC. The 1.6T DR8 and DR8-2 modules comes with either one MPO-16 adapter for point-to-point (P2P) connections or two MPO-12 adapters for 2x800G breakout applications. The 1.6T 2xFR4 modules are designed with a dual duplex LC connector running with 2 pairs of fibers only, which could help users to save fiber resources compared to DR8 and DR8-2 versions.

The 1.6T DR8/DR8-2 and 2FR4 Portfolio consists of: – 

EOLO-13T-5H-XMX    OSFP 1.6T DR8, 1×1.6TbE, 500m, MPO-16
EOLO-13T-5H-XDX    OSFP 1.6T DR8, 2x800GbE, 500m, Dual MPO-12
EOLO-13T-02-XMX    OSFP 1.6T DR8-2, 1×1.6TbE, 2km, MPO-16
EOLO-13T-02-XDX     OSFP 1.6T DR8-2, 2x800GbE, 2km, Dual MPO-12
EOLO-16T-02-XXX     OSFP 1.6T 2FR4, 2x800GbE, 2km, Dual Duplex LC

Eoptolink OSFP 1.6T transceivers feature both EML and SiPh-based solutions, and testing has demonstrated excellent performance. “We are very proud of our optical and RF design teams, says Sean Davies, VP Sales, Eoptolink Technology Inc., Ltd. “Our 1.6T OSFP modules do not need an additional FEC on the optical side and this results in lower latency and power consumption of the modules simplifying the complete system and helping our AI and cloud customers in their work.”

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502), a publicly traded company in China, is a leading innovator and provider of advanced optical transceiver solution for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

China(HQ):   

No.510 Wulian Avenue, Chengdu 610200

USA:   

3191 Laurelview Court, Fremont, CA 94538

Thailand:   

390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110

E-mail:  

sales@eoptolink.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/eoptolink-releases-osfp-1-6t-dr8-and-2fr4-series-transceivers-for-aiml-clusters-and-cloud-datacenter-networks-302253858.html

SOURCE Eoptolink Technology Inc., Ltd.

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Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

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September 20, 2024

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COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.

With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.

Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.

By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.

As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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