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RedDrop Wins the $1 Million Dollar Grand Prize from Pharrell Williams’ Black Ambition to Empower Period Care Innovation in Teen-Focused Wellness

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ATLANTA, Nov. 25, 2024 /PRNewswire/ — RedDrop, a rising star in the wellness industry for its innovative period care products for tweens, is proud to announce that it won the $1 Million Dollar Grand Prize from Black Ambition.

In 2020, Pharrell Williams founded the non-profit organization Black Ambition to support Black and Hispanic Entrepreneurs to fuel future founders. This year celebrates its 4th Annual Black Ambition Demo Day, where over 250 guests gathered to hear eight finalists’ pitches and celebrate the brilliance of Black and Hispanic entrepreneurs. The event was supported by Visa, Comcast, Lennar Foundation, Louis Vuitton and Adidas. The panel of four judges, which included Lisa Price, Founder of Carol’s Daughter; Pinky Cole, Founder of Slutty Vegan; Matt Story, Vice President, Global Brand Integrated Marketing at Visa; and Erik Moore, Founder & Managing Director, Base Ventures determined the top winners to an enthusiastic audience.

As one of the few brands chosen for this highly competitive program, RedDrop will benefit from Black Ambition’s extensive mentorship network, funding, and resources to amplify Black and Hispanic founders and their brands. With a focus on providing personalized wellness solutions and empowering tween girls, RedDrop is excited to partner with industry leaders to scale its impact and reach new audiences. 

“We’re beyond thrilled to be the grand prize winners of this year’s Black Ambition Prize Competition! Having $1 million to invest in our business is life-changing and will give us opportunities to grow and continue to impact our community,” said Dr. Monica Williams, Co-Founder and CEO of RedDrop. “And while the prize money is great, the mentorship and network provided by Black Ambition is priceless and will allow us to open doors that were previously closed and to start building our own table so we can invite others to have a seat.”

One of Black Ambition’s key initiatives is to encourage and support Black and Hispanic founders with funding, mentorship, and network support as each founder develops their footprint in their industries. Black Ambition has awarded over $2.7 million to 30 trailblazing founders across AI, Consumer Products and Services, Healthcare, Media & Entertainment, and Tech. In addition to the $1 Million grand prize, RedDrop will have access to industry veterans, office hours with investors and senior leaders, exclusive invitations to retail partnership meetings, wellness and executive coaching, and more for the next six months. 

Through access to industry veterans, strategic insights, and capital support, RedDrop is poised to take its mission to new heights while promoting wellness solutions that resonate with diverse and underrepresented communities. RedDrop’s inclusion in the Black Ambition network marks a significant milestone in the company’s journey to revolutionize how tween girls connect with wellness products that align with their unique needs and values.

To connect and learn more about RedDrop, please visit www.tryreddrop.com. Follow us on  Instagram (@reddrop), Facebook (@reddropco), Youtube (@tryreddrop), X (@reddrop) and TikTok (@reddropco) to stay up to date with us.

About RedDrop
RedDrop is a wellness brand committed to creating inclusive and innovative period products for tween girls to feel their best during their new stage of life. With a focus on properly sized period products and education-backed solutions, RedDrop is revolutionizing the way consumers approach health, wellness, and self-care.

Media Contact
Sterling Jones
Marketing and Communications Specialist
media@reddrop.co
www.tryreddrop.com

Photos: Getty ImagesJason MendezBlack Ambition

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SOURCE RedDrop

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State Grid Zhenjiang Power Supply Company Establishes the Province’s First Integrated Station for Green Electricity, Green Certificates, and Carbon Electricity Services

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ZHENJIANG, China, Nov. 26, 2024 /PRNewswire/ — Recently, the first integrated station for green electricity, green certificates, and carbon electricity services in Jiangsu was officially inaugurated at the State Grid Zhenjiang Power Supply Company’s Danyang City district service hall.

In recent years, green electricity has emerged as a crucial factor influencing foreign trade and the construction of green industrial chains. From January to October this year, Zhenjiang’s total green electricity trading volume reached 113 million kilowatt-hours, marking a 39% increase year-on-year. To address the growing demand for green electricity consumption among enterprises, the State Grid Zhenjiang Power Supply Company utilizes its service hall as a public service window to offer “one-stop” comprehensive services. These include consultations on green electricity and green certificate policies, supply and demand trading, bill interpretation, green electricity consumption and carbon footprint certification, as well as the construction of zero-carbon parks and intelligent microgrids.

Distinguished from other green electricity and green certificate service stations, this company has expanded its services to include carbon electricity. It incorporates the company’s self-developed “Carbon Electricity” management and service platform to facilitate green electricity traceability. Collaborating with domestic and international carbon service organizations such as the CQC, it provides unified certification services for green electricity and green certificates, thereby assisting more local export enterprises and bridging the “last mile” in electricity carbon emission calculations on the user side.

According to statistics, this service station has already enabled the province’s first government park-side photovoltaic project to secure green certificates. It has also launched Zhenjiang’s inaugural “Green Electricity Loan,” aiding entities like Ji Kai En (Danyang) Industrial Co., Ltd. and five other export-oriented enterprises to purchase approximately 340 megawatt-hours of green electricity each month. Moreover, it has supported Danyang City Jinlong Energy Technology Co., Ltd., and other companies, in selling 47 megawatt-hours of distributed photovoltaic green electricity. Through its one-stop, full-chain green and low-carbon services, the station aids enterprises in achieving sustainable, low-carbon, high-quality development.

 

View original content:https://www.prnewswire.com/apac/news-releases/state-grid-zhenjiang-power-supply-company-establishes-the-provinces-first-integrated-station-for-green-electricity-green-certificates-and-carbon-electricity-services-302316265.html

SOURCE State Grid Zhenjiang Power Supply Company

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BNP Paribas, AXA and Bloomberg’s former executive joins fintech Premialab

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Diane Lansard, further expands Premialab’s marketing footprint bringing in her extensive banking and asset management expertise to the fintech dedicated to quantitative investment strategies.

LONDON, Nov. 26, 2024 /PRNewswire/ — Premialab announces the appointment of Diane Lansard, as Head of Marketing. Based in London, Ms. Lansard will lead the marketing strategy of the leading independent platform dedicated to quantitative strategies. Before joining PremiaLab, Ms. Lansard served a wide range of institutional clients in buy-and sell-side leadership roles at BNP Paribas, AXA, Bloomberg, and M&G Investments.

Ms. Lansard has over 15 years’ experience in banking, asset management and fintech solutions. She will be responsible to execute and scale Premialab’s marketing initiatives, providing data and analytics solutions to asset managers, pension funds, insurance companies and sovereign wealth funds globally.

Adrien Geliot, CEO of Premialab, said: “We are thrilled to welcome Diane to our team as we continue to scale our presence globally. Her extensive experience in finance and innovative approach to marketing, will play a pivotal role in driving our growth efforts. Diane’s expertise will further strengthen our position as a leader in data and analytics for institutional investors.”

The announcement follows recent senior appointments at Premialab including John Macpherson, former Managing Director at Goldman Sachs, Citibank, and Nomura; Marc Fisher, former Managing Director at Citibank with a prior position at Deutsche Bank; and Georgios Sittas, former Managing Director at HSBC, Standard Chartered, and previously a director at Lehman Brothers.

Recognized as the leading independent platform for data and analytics on quantitative strategies, Premialab’s capital markets infrastructure is currently used by leading institutional investors, accelerating their digitalization and enhancing performance and risk control while reducing costs. The Platform is already providing data to institutional clients representing over $20 Trillion of assets under management.

Notes to Editors

About PremiaLab

Premialabis the leading independent platform providing data, analytics and risk solutions on quantitative and multi-asset strategies in collaboration with leading investment banks and institutional investors globally. Combining intelligent technology with a unique source of information the platform empowers asset allocators to make better investment decisions whilst achieving utmost time and cost efficiency.

With offices in London, Paris, New York, Hong Kong, Sydney, and Dubai, its international team is dedicated to supporting a global client base with the most up-to-date QIS dataset, advanced portfolio construction, performance and risk analytics. The firm has established strong partnerships with the top 18 investments banks, global asset managers, pensions funds and insurance companies.

For more information please visit: www.premialab.com

View original content:https://www.prnewswire.co.uk/news-releases/bnp-paribas-axa-and-bloombergs-former-executive-joins-fintech-premialab-302315533.html

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Singapore auto market stays bright with tech injection from Sgcarmart

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SINGAPORE, Nov. 26, 2024 /PRNewswire/ — Sleepy showrooms filled with dubious characters used to be the defining feature of Singapore’s used car trade, but the sector has seen rapid change in the past years.

Founded as an online car classifieds page, Sgcarmart’s arrival brought much needed light to consumers shopping in an otherwise opaque market. Those looking to purchase a used car could now see just what alternatives were available, all at clearly stated prices, with the simple click of a few buttons. The firm had finally corrected the long unaddressed discrepancy of market knowledge back in favour of the everyday consumer, and with this, came fairer prices for all looking to purchase a set of wheels.

But Sgcarmart did not rest content with what it had achieved. As consumer habits and expectations evolved in the rapidly growing city-state, so too did the firm evolve.

On the front-end, the firm has embraced new programming languages, integrating it across its projects even as the dominance of the programming language only started to become apparent. Alongside this, Sgcarmart also made the transition to more modern frameworks, moves that have enabled it to create more efficient and user-friendly applications.

The changes have been a welcome beacon for all in Singapore. Today, the Sgcarmart website and accompanying app is packed with prices and details of new and used cars alike (information that is much needed in this market). Users can also easily obtain information on vehicle care and maintenance, and there’s a host of resources for individuals to obtain parts and accessories for their vehicles.

More recently, Sgcarmart has also taken to integrate AI into its workflows, allowing it to enhance staff productivity while ensuring it remains ready to tackle future challenges with confidence.

Propelling this most recent embrace of technology is Sgcarmart’s GM of Product Development, Mrs. Paustina Chou, who recently won the Tech Talent Assembly award for “Tech Talent Builders”.  Together with the team, she has designed and developed a multifaceted strategy designed to foster tech talent growth at Sgcarmart, building the people that have stood at the centre of the firm’s innovation.

With the goal of ensuring that talents are up to date with the latest emerging market trends including the growth of modern development frameworks, widespread use of generative AI, as well as the maturing of cloud computing and machine learning, she has worked closely with the teams under her care to ensure all within the firm stay updated in a rapidly evolving tech landscape.

Shahrul Tahir, CEO of Sgcarmart, said, “At Sgcarmart, we continue to cement our position as Singapore’s no.1 automotive platform by our continuous pursuit on improvement, both on technology and on talent development.”

There’s still more work to be done, of course. 2024 saw car prices in the country skyrocket, while a multi-day failure of one of the nation’s oldest train lines has led to renewed doubts about how the state ought to manage its public transport infrastructure.

Addressing these will no doubt require clever solutions from the world of public policy and urban planning. But the nation can at least rest easy with the knowledge that when it comes to applying new tech, the (head) lights at Sgcarmart are shining brighter than ever.

About SGCM Pte Ltd

As the first choice car site with over 30,000 listings, Sgcarmart offers the largest database of new and used cars, with an average of 10 cars sold every hour, helping to drive approximately 70% of all second-hand car transactions in Singapore. The platform receives more than 1.6 million users every month, offering the highest level of support for drivers with its suite of value-added car ownership & transactional services.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/singapore-auto-market-stays-bright-with-tech-injection-from-sgcarmart-302316211.html

SOURCE Sgcarmart

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