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FRESHA INVESTS IN YUV TO REVOLUTIONIZE HAIR COLORING WITH CUTTING-EDGE TECHNOLOGY

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LONDON, Oct. 21, 2024 /PRNewswire/ — Fresha, the world’s leading marketplace platform for beauty, wellness, and self-care, today announced a strategic investment and partnership with Yuv, a cutting-edge company specializing in AI-powered hair color technology. This collaboration sets the stage for Fresha to further cement its position as the go-to platform for salons and beauty professionals globally, offering unparalleled innovation and efficiency.

Fresha boasts a network of over 120,000 beauty businesses worldwide, with salons making up a large portion of its partners. Hair coloring is a significant revenue driver for salons but remains one of the most complex services to manage effectively. By integrating Yuv’s groundbreaking technology, Fresha is set to revolutionize the hair coloring process—enhancing precision, streamlining inventory management, and delivering personalized and consistent services for clients. This strategic move further reinforces Fresha’s position as an industry leader, providing salons and beauty businesses with the advanced tools they need to elevate both their service quality and operational efficiency.

Hair coloring is a complex service that requires precision and consistency. Yuv’s technology allows salons to save personalized hair color formulas directly in customer profiles, ensuring a consistent and tailored experience for every client. For salon owners, this means they can offer a high-quality, customized service every time, which not only strengthens client loyalty and drives repeat business but also contributes to environmental sustainability.

Beyond enhancing the client experience, Yuv’s technology significantly improves inventory management. Integrated into Fresha’s backend systems, the solution provides salons with real-time insights into product usage and automates restocking processes. This not only reduces waste and lowers costs but also ensures that salons always have the necessary products on hand, optimizing efficiency and profitability.

By addressing these critical pain points with an innovative solution, Fresha expects to increase platform stickiness and deepen merchant loyalty. The integration of Yuv’s technology further embeds Fresha into the day-to-day operations of its largest vertical, strengthening its competitive advantage in the beauty space.

“Investing in Yuv aligns with our mission to provide the most advanced tools to beauty professionals,” said William Zeqiri, Founder and CEO of Fresha. “Hair coloring is a cornerstone of the salon business, and by addressing the complexities of this service, we’re adding significant value to our platform. This partnership will transform how salons operate and positions Fresha as the most trusted and indispensable platform for beauty and wellness businesses worldwide, reinforcing our role as the industry leader.”

“We’re thrilled to join forces with Fresha,” said Francisco Gimenez, Founder and CEO of Yuv. “Partnering with Fresha provides us with the platform and reach we need to revolutionize the salon experience on a global scale. Together, we’re set to transform how professionals and clients approach hair coloring, creating a more efficient and personalized process that benefits everyone involved.”

To date, Fresha has raised over $185 million in venture capital funding, including a $150 million Series C round in 2021 led by General Atlantic. Fresha boasts a network of over 120,000 merchants, with a strong presence in the United States, United Kingdom, Canada, Australia, New Zealand, and Europe. The platform’s reach extends across 120 countries, where customers book tens of millions of appointments monthly. Fresha has facilitated transactions worth over $35 billion in gross merchandise volume, showcasing its significant impact on the global beauty and wellness industry.

About Fresha

Fresha is the leading marketplace platform for beauty and wellness trusted by millions of consumers and businesses worldwide. Fresha allows consumers to discover, book and pay for beauty and wellness appointments with local businesses via its marketplace, while beauty and wellness businesses and professionals use an all-in-one platform to manage their entire operations with an intuitive subscription-free business software and financial technology solutions. To learn more, visit fresha.com, download Fresha on the App Store and Google Play, or follow Fresha on Facebook and Instagram.

About YUV

Yuv is a beauty tech company focused on transforming the hair industry through innovation and sustainability. Its flagship product, the yuv Lab, is the world’s first smart device designed for freelancers and salons, offering customizable hair color formulations at the touch of a button. Compact, affordable, and efficient, the yuv Lab enhances precision in professional hair color services. yuv’s technology has been awarded two patents, and the company has developed the first refillable hair color cartridges, significantly reducing waste and promoting sustainability in the salon industry. By integrating advanced ingredient technology with eco-conscious solutions, Yuv aims to shape a more sustainable future for beauty professionals. For more information, visit www.yuv.co

 

SOURCE Fresha

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PROMISE Technology@Intersec Dubai 2025: AI-Driven Plugins & Storage Setups

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Highlights: streamlining AI video analytics, extensive VMS plugin ecosystem, and full compatibility across operating systems

DUBAI, UAE and HSINCHU, Jan. 13, 2025 /PRNewswire/ — PROMISE Technology, a leader in streaming data and surveillance storage solutions, is announcing several specialized solutions for security will be on display at the upcoming Intersec Dubai 2025 conference (Jan. 14-16, Booth SA-H15).

For a consultation and customized proposal, please contact PROMISE storage and integration experts: sales@mea.promise.com

Alice Chang, Chief Marketing Officer of PROMISE Technology, commented: “With over a decade of investing in the security industry, PROMISE storage is best for the most advanced AI surveillance applications, and we are pleased to be back at Intersec Dubai pushing the sector forward. This year, we will demonstrate how PROMISE storage optimizes AI applications and how our ecosystem of plugins seamlessly synchronize with video management systems.”

Leading innovation for top performance and seamless integration

The key value PROMISE brings security customers comes from industry-specific expertise and innovation, powered by the company’s leading-edge proprietary storage technologies — PromiseRAID and SmartBoost Technology.

In addition, PROMISE leads the way in the security industry by offering a wide variety of video management (VMS) plugins and partnering with key VMS providers, including Milestone, Network Optix and Digifort.

AI at the core, data secured by PROMISE

PROMISE’s surveillance storage ensures optimal performance, seamless analytics, and unmatched reliability with AI.

To showcase its latest capabilities, PROMISE will hold three demos:

Running AI facial recognition software on PROMISE storage New plugin for seamless synchronization between VMS and storageFull platform compatibility

VTrak J5960 with Green DNA

The company will also display the VTrak J5960 Green JBOD, featuring a PetaByte Grade Storage System powered by PROMISE and Toshiba. This offers expanded compatibility and flexibility with multiple server hosts to help consolidate and centralize hardware.

Visit Booth SA-H15 at Intersec Dubai 2025 to experience these demos.

About PROMISE Technology:

PROMISE Technology is a recognized global leader in streaming data storage with more than 30 years of experience. Powered by its proprietary PromiseRAID and Boost Family of technologies, the brand’s innovative solutions are tailored to the Surveillance, Rich Media, Cloud and IT markets’ unique needs. PROMISE’s highly experienced sales and engineering teams are strategically located throughout the Americas, EMEA, JAPAC, and China regions to provide unparalleled services and support to its customers around the globe.

For more information, please visit: https://www.promise.com/

Media Contact:
pr@promise.com

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Djibouti Ports Corridor Road, RapidCanvas, and 4C Solution Partner to Revolutionize Road Infrastructure with AI

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DJIBOUTI CITY, Djibouti , Jan. 13, 2025 /PRNewswire/ — Djibouti Ports Corridor Road SA (DPCR SA), RapidCanvas, and 4C Solution have launched the DPCR CorridorVision AI project to transform road infrastructure management using cutting-edge artificial intelligence. This initiative supports Djibouti’s National Vision 2035, aiming to establish the country as a vital logistics hub for East Africa and strengthen its role in regional trade.

The DPCR CorridorVision AI project uses the RapidCanvas AI platform to monitor road conditions and detect issues like cracks and potholes in real time, enabling faster maintenance and optimized resource allocation. By adopting a proactive approach, the project ensures safer, more durable routes connecting Djibouti with neighboring countries like Ethiopia, enhancing regional trade and economic stability.

“Partnering on this project represents a significant milestone in our mission to use AI to address infrastructure challenges,” said Rahul Pangam, CEO of RapidCanvas. “We aim to empower the teams tackling real-world problems like road infrastructure, delivering technology that enhances efficiency and supports sustainable growth.”

Mr. Abdi Ibrahim, CEO of DPCR SA, emphasized, “DPCR CorridorVision AI empowers us with proactive detection, enabling swift, efficient, and cost-effective maintenance responses. This capability secures safer, more resilient corridors that underpin Djibouti’s economic connectivity and ensures the uninterrupted flow of goods.”

4C Solution, as a key digital transformation partner, plays a crucial role in this project. “Partnering with RapidCanvas, we aim to help more African companies access AI, fostering digital transformation and innovation at scale,” stated Mr. Moumin Saleh, CEO of 4C Solution. “Our involvement in DPCR CorridorVision AI demonstrates our commitment to improving efficiency across the region.”

Aligned with Vision 2035, this initiative focuses on modernizing infrastructure and strengthening regional connectivity. By employing an AI-driven approach, it streamlines road maintenance and fortifies Djibouti’s economic resilience by ensuring dependable transportation links that support trade and regional integration.

About RapidCanvas

RapidCanvas is an AI platform that combines the precision and automation of AI agents with the deep domain knowledge of human experts to deliver reliable and measurable business outcomes. With RapidCanvas, enterprises create custom, high-performance, production-grade AI solutions 10X faster at 80% lower cost compared to traditional custom solutions.

RapidCanvas is recognized as a top 5 Data Science and Machine Learning platform by independent research firm G2 for customer satisfaction. RapidCanvas works with industry leaders in manufacturing, retail, and financial services to unlock the full potential of AI.

Visit www.rapidcanvas.ai for more information.

About DPCR SA

Founded in 2017, DPCR SA manages vital road networks linking Djibouti’s ports to neighboring countries, reinforcing the nation’s role as a regional logistics hub. Learn more at www.dpcr.dj

About 4C Solution

4C Solution is a leading East African digital transformation partner specializing in AI technologies to enhance efficiency in sectors like Ports, Transportation, and Supply Chain. As the African partner for RapidCanvas, 4C Solution is instrumental in delivering innovative digital solutions to support regional growth. Learn more at https://www.4csolution.com/

Contact :  Vinay Chaganti, vinay@rapidcanvas.ai 

Video – https://www.youtube.com/watch?v=2NCUYvGJhGU
Photo – https://mma.prnewswire.com/media/2594968/DPCR_RapidCanvas.jpg
Logo – https://mma.prnewswire.com/media/2594966/RapidCanvas_Logo.jpg
Logo – https://mma.prnewswire.com/media/2594967/5108793/DPCR_SA_Logo.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/djibouti-ports-corridor-road-rapidcanvas-and-4c-solution-partner-to-revolutionize-road-infrastructure-with-ai-302347752.html

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L’Oréal Hong Kong Wins Prestigious Gold Award at the Hong Kong Awards for Environmental Excellence

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Company Recognised for Outstanding Sustainability Achievements in the “Shops and Retailers” Sector

HONG KONG, Jan. 13, 2025 /PRNewswire/ — L’Oréal Hong Kong received the Gold Award in the “Shops and Retailers” sector at the annual Hong Kong Awards for Environmental Excellence (HKAEE). This esteemed award, organised by the Hong Kong Environmental Campaign Committee in collaboration with the Environment and Ecology Bureau and major chambers of commerce, highlights the company’s exceptional achievements in sustainability under its “L’Oréal For the Future” commitment.

As the beauty market leader in Hong Kong, L’Oréal has been accelerating sustainable transformation across its entire value chain, from product innovation, sourcing, transportation to retail and consumption.

Eva Yu, President and Managing Director of L’Oréal Hong Kong, expressed her gratitude for the recognition, “We are deeply honoured to receive the Gold Award at the Hong Kong Awards for Environmental Excellence. This is a testament to our unwavering commitment to sustainability. As the market leader, it is our responsibility to not only provide the best in beauty, but also lead in meaningful actions to protect the environment and contribute to the community we serve.”

The assessment of HKAEE award covered stringent criteria from green leadership, sustainability programs and performance, to partnerships. L’Oréal Hong Kong was recognised for the following sustainability achievements in the past year:

Green Office: L’Oréal Hong Kong’s office is LEED Platinum certified, uses 100% renewable energy, and has been reducing energy consumption year on year with different energy efficiency features.

Green Operations: All local packaging of L’Oréal products is plastic-free and all disposals from warehouse are recycled. The company also aims to minimise CO2 emissions in transportation by using sea and rail shipment as well as electric vehicle in local transport.

Green Retail: 100% of new stores under L’Oréal Hong Kong are eco-designed. The stores use sustainably sourced and certified materials, as well as reusable and recyclable materials.

Green Consumption: Through joint efforts by L’Oréal Hong Kong’s 17 brands, and its partnership with Watsons stores across the city, over 600,000 empty beauty bottles have already been collected from consumers for recycling. To further reduce packaging waste, the company is introducing more refillable beauty products to the Hong Kong market. Refillable products use less packaging, thus providing more sustainable options for environmentally conscious consumers.

L’Oréal Hong Kong continues to lead the beauty industry in sustainability efforts, proving that environmental responsibility and business success can go hand in hand.

For high-res photos, please see it here.

About L’Oréal

For 115 years, L’Oréal, the world’s leading beauty player, has devoted itself to one thing only: fulfilling the beauty aspirations of consumers around the world. Our purpose, to create the beauty that moves the world, defines our approach to beauty as essential, inclusive, ethical, generous and committed to social and environmental sustainability. With our broad portfolio of 37 international brands and ambitious sustainability commitments in our L’Oréal for the Future programme, we offer each and every person around the world the best in terms of quality, efficacy, safety, sincerity and responsibility, while celebrating beauty in its infinite plurality. With more than 90,000 committed employees, a balanced geographical footprint and sales across all distribution networks (e-commerce, mass market, department stores, pharmacies, perfumeries, hair salons, branded and travel retail), in 2023 the Group generated sales amounting to 41.18 billion euros. With 20 research centers across 11 countries around the world and a dedicated Research and Innovation team of over 4,000 scientists and 6,400 Digital talents, L’Oréal is focused on inventing the future of beauty and becoming a Beauty Tech powerhouse. More information on https://www.loreal.com/en/mediaroom

About L’Oréal For the Future

“L’Oréal For the Future” is L’Oréal’s global sustainability programme that outlines the company’s vision and commitments for 2030. The initiative focuses on transforming L’Oréal’s operations to respect planetary boundaries by addressing key environmental challenges. Commitments include achieving 100% renewable energy for all operated sites by 2025, ensuring that by 2030 all water used in industrial processes will be recycled and reused, and that 100% of biobased ingredients for formulas and packaging materials will be traceable and sourced sustainably, with none linked to deforestation. L’Oréal also aims to reduce greenhouse gas emissions across all scopes by 50% per finished product by 2030.

For more information on “L’Oréal For the Future,” please visit: www.loreal.com/en/commitments-and-responsibilities/for-the-planet/    

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SOURCE L’Oréal Hong Kong

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