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Tineco Recognized as Global Leader in Emerging Floor Washer Category

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With over five million units sold globally in the past year, Tineco reinforces its leadership in the industry 

SEATTLE, Nov. 26, 2024 /PRNewswire/ — Today, Tineco is proud to announce that Euromonitor International, the world’s leading independent provider of strategic market research, has recognized the company as the #1 global leader in the household wet & dry vacuum cleaner category*. With over five million units sold between July 1, 2023, and June 30, 2024, the honor reflects Tineco’s commitment to innovation and quality in the home cleaning sector.

Harnessing more than two decades of industry innovation, Tineco began its journey with a single vacuum cleaner. Pioneering industry excellence, a notable moment in company history was the launch of the first-ever smart vacuum to market in 2018, quickly followed by an inaugural smart floor washer in 2019, and an intelligent carpet cleaner in 2022. Today, Tineco products are enjoyed by 14 million users across key markets worldwide, including regions in North America, Europe, and Asia.

Tineco is now a globally recognized market leader in smart home appliances across the floor care, kitchen, and personal care categories, with 975 patents and 577 registered trademarks across domestic and international markets. For three consecutive years, the company has also held the title of being the #1 wet & dry vacuum brand on Amazon in the United States, Canada, France, Italy, Australia, and Japan.

“At Tineco’s inception, we set out to simplify life and household tasks with the help of smart technology. Over the past 26 years, our robust R&D team has made significant investments and a steadfast dedication to setting the standard for excellence in floor care solutions,” said Ling Leng, CEO of Tineco. “The honor of being named the #1 global leader in the wet & dry vacuum cleaner category by Euromonitor International is an incredible milestone achievement. This recognition fuels our commitment to continuing to innovate and push boundaries to bring exceptional products to market that enhance the lives of our customers worldwide. Looking ahead, we are laser-focused on making Tineco more accessible by expanding into new markets, introducing new advanced technologies to simplify our customers’ lives, and expanding our product lineup to meet diverse needs.”

Tineco’s flagship models, including FLOOR ONE Stretch S6, PURE ONE Station 5, and Carpet One Cruiser, combine intelligent features with superior power and user-friendly capabilities to revolutionize cleaning. Tineco’s R&D team has carefully engineered each model to address real-world challenges and enhance user satisfaction by incorporating technological advancements and valuable consumer feedback. Specifically:

FLOOR ONE Stretch S6: Building off the incredible success of Tineco’s social-media viral Floor Washers, which vacuum and mop simultaneously, FLOOR ONE S6 offers exceptional maneuverability. Its 180° tilting design lets the floor washer lay completely flat, compressing its height to just 5.1 inches. Coupled with mini assistive wheels that swivel 45° to the left and right, this makes cleaning under furniture, beds, or in hard-to-reach areas effortless.PURE ONE Station 5: Setting a new standard in stick vacuums, the PURE ONE Station 5 provides a brand new vacuum after each and every clean. Its 3-in-1 Smart Station will entirely self-clean, charge, and store the unit, keeping it in pristine condition for subsequent use. Paired with 175W of powerful suction, this is an indispensable tool for households of all types and sizes.Carpet One Cruiser: The Carpet One Cruiser is designed to transform deep cleaning carpets into a regular household activity. It effectively deep cleans various carpet types and powerfully extracts water to reduce drying times by 50% or more than traditional models. Three levels of SmoothPower tech, bidirectional assist wheels, and repositioned water tanks lessen the unit’s weight, making the machine easy to maneuver, suitable for users of all ages and strengths, and ideal for frequent use.

A leader in the intelligent floor care category, Tineco smart models are equipped with Tineco’s proprietary iLoop technology that adjusts suction power in real-time based on the mess detected, which not only optimizes battery power but also allows the user to visualize cleaner floors on the unit’s display ring that will change from red to blue once the surface is clean. Guided by customer insights, all new Tineco models also feature self-cleaning capabilities that significantly streamline maintenance.

Tineco products are available globally, with distribution in North America on Amazon, Tineco’s official online store, and in over 10,000 major retail locations, including Target, Walmart, Best Buy, Costco, Home Depot, and Canadian Tire.

To learn more about Tineco and its entire portfolio of intelligent stick vacuums, floor washers, carpet cleaners, and more, please visit us.tineco.com.

*Source: Euromonitor International (Shanghai) Co., Ltd.; measured in terms of 2023 H2 and 2024 H1  retail sales volume in the world; household wet & dry vacuum cleaners are defined as household cleaners that dispense clean water (or cleaning solution) to wash hard floors and vacuum the dirty water and garbage thereafter; research completed in Nov. 2024.

About Tineco
Tineco was founded in 1998 with its first SKU as a vacuum cleaner and, in 2019, pioneered the first-ever smart vacuum. Today, the brand has innovated into a global leader offering intelligent appliances across home categories, including floor care, kitchen, and personal care. Tineco is dedicated to its brand vision of making life easier through smart technologies and consistently innovating new devices. For more information, visit us.tineco.com.

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A Report shows that stablecoins will be crucial for advancing Hong Kong’s position as a leading Web3 hub. Regulations are the key to mass adoption.

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November 27, 2024

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HONG KONG, Nov. 27, 2024 /PRNewswire/ — Quinlan & Associates and IDA Finance Hong Kong Limited (“IDA”) have co-published a thought leadership report that explores the potential for regulated stablecoins to evolve into trusted legal tender, gaining widespread acceptance for real-world applications, especially local and cross-border payments.

Report link: https://www.quinlanandassociates.com/from-digital-currency-to-legal-tender/ 

The report, titled, From Digital Currency to Legal Tender: The Role of Regulated Stablecoins in Driving Real-world Payments, examines the current stablecoin landscape, where usage remains largely within the Web3 ecosystem. The report also presents a forward-looking vision for a model stablecoin to be widely adopted in everyday real-world applications. A regulated and non-captive stablecoin is expected to offer robust user protection and foster trust, moving beyond the confines of the Web3 space into mainstream financial systems.

In today’s digital asset environment, stablecoins have gained immense popularity for their ability to maintain a stable representation of fiat currency values. “Paired with blockchain-enabled favourable features such as programmability, stablecoins can offer cost efficiency, enhanced transparency, 24/7 availability, and faster processing that traditional financial systems simply can’t match,” said Lawrence Chu, Co-Founder and CEO of IDA. “Due to these features, we see tremendous potential for stablecoins to play a pivotal role in the real-world financial economy.”

To capitalise on this potential, an increasing number of non-Web3 companies have begun issuing their own stablecoins. PayPal, a leading global online payment provider, has launched PYUSD, while Sony Bank is preparing to release a yen-backed stablecoin on the Polygon blockchain. Despite the growing supply, widespread adoption among merchants and consumers in the real economy remains limited.

“Although paying for goods online with digital currencies can be cheaper than using typical payment methods like e-wallets or credit cards, many users hesitate,” explained Benjamin Quinlan, CEO and Managing Partner of Quinlan & Associates. “This reluctance is largely driven by regulatory uncertainty, with 81% of merchants citing it as the primary barrier to accepting digital assets like stablecoin as a mainstream payment option.”

As a result, real-world applications of stablecoins exhibit limited utility.

“While prominent consumer brands such as Tag Heuer and Adidas have begun accepting crypto payments, they typically convert these transactions into fiat currency through third-party processors. This practice diminishes the potential advantages of using stablecoins, as merchants ultimately receive fiat rather than realising the benefits of digital assets,” continued Mr. Quinlan. “On top of this, the stablecoins issued by many financial institutions tend to remain confined within their own ecosystems, otherwise referred to as ‘walled gardens’.”

The report states the case for a trusted regulated, non-captive stablecoin to unlock wider real-world applications, starting from payments. The introduction of stablecoins has the potential to revolutionise Hong Kong’s domestic payment landscape, which currently faces high fees, inflexible options for users, and slow settlement times for merchants.

“Aligned with Hong Kong’s digital economy agenda, as outlined in the policy address, and push for regulated stablecoins, we believe their adoption can accelerate progress in this area,” stated Sean Lee, Co-Founder and Chief Strategy Officer of IDA, “We are planning to launch an HKD-based stablecoin product and are actively working to widen our partnership network to integrate stablecoins into existing financial infrastructure, ultimately striving to reinforce Hong Kong’s leadership in the global digital asset landscape.”

“We see a significant opportunity for a non-USD pegged stablecoin, as 83% of countries worldwide do not use the USD as their official or secondary currency for transactions. This means residents and visiting tourists primarily transact in their local currencies,” Mr. Lee added, “An HKD-based stablecoin could provide practical utility for a wide array of applications across various sectors, including retail and commercial payments, and contribute to an increasingly interconnected global economy.”

About Quinlan & Associates

Quinlan & Associates is one of Asia’s leading independent strategy consultancies. We are the first firm to offer end-to-end strategy consulting services. From strategy formulation to execution to ongoing reporting, communications, and training, we translate cutting-edge advice into commercially executable solutions. With our team of top-tier financial service and strategy consulting professionals and our global network of alliance partners, we give our clients the most up-to-date industry insights from around the world, putting them an essential step ahead of their competitors.

For more information, please visit www.quinlanandassociates.com.

About IDA

IDA is the premier digital asset technology company to spearhead the widespread adoption of blockchain finance and to empower businesses to seamlessly integrate between Web2 and Web3.

IDA will launch a stablecoin product which is designed to drive enhanced connectivity of digital currency for seamless commerce and payments between Hong Kong and global markets, 24/7/365. To maintain the highest level of security and stability, all circulating stablecoins will always be fully backed by at least 100% reserve assets in regulated Hong Kong based authorized institutions.

To maximize the network effect of the stablecoin project for domestic and cross-border usage, IDA is partnering with key industry players to facilitate the minting, redemption and widespread acceptance of stablecoins as a payment and settlement digital currency.

For more information, please visit www.idafi.xyz.

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PDRL Partners with Digital Quantum to Accelerate AeroMegh GeoAI’s Digital Transformation in Drone Technology

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November 27, 2024

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PDRL and Digital Quantum Unite to Drive Innovation and Expand the AeroMegh GeoAI Ecosystem

NASHIK, India, Nov. 27, 2024 /PRNewswire/ — PDRL, a leader in drone technology solutions, is thrilled to announce its partnership with Digital Quantum, a global technology consulting firm specializing in digital transformation. This strategic collaboration is set to enhance the capabilities of PDRL’s AeroMegh GeoAI platform, delivering next-generation digital solutions to a wider audience in the rapidly expanding drone industry.

About Indian GIS Industry 2024

The Indian Geographic Information System (GIS) industry in 2024 is experiencing substantial growth, fuelled by advancements in digital transformation and the increased adoption of drone and satellite technologies across sectors like agriculture, urban planning, infrastructure, and disaster management. Government initiatives, including the Digital India program, Smart Cities Mission, and the Geospatial Data Policy, have strengthened the GIS ecosystem, encouraging both innovation and cross-sector adoption of GIS-driven solutions. As cloud-based, AI-driven, and real-time GIS solutions become more prominent, the industry is evolving to support accurate, on-demand data and dynamic decision-making. Partnerships, such as that of PDRL and Digital Quantum, are pivotal in driving this growth by bringing advanced technology and streamlined data capabilities to the forefront.

About AeroMegh, A GeoAI Platform

AeroMegh combines pioneering AI and GIS technologies to enhance drone operations, geospatial intelligence, and data analytics. Its capabilities include comprehensive GIS features for data processing, importing, and workflow integration through APIs, allowing users to efficiently manage geospatial data and generate actionable insights. The platform’s AI-powered features deliver advanced image and video analytics, automating processes such as object detection and annotation to streamline aerial data analysis. AeroMegh also supports LiDAR integration and photogrammetry for high-precision mapping and 3D modeling, enabling applications in agriculture, construction, and urban planning. Collaboration features, including role-based access and real-time interaction, ensure seamless teamwork and data sharing, making it ideal for industries seeking unified solutions for drone missions and geospatial intelligence.

Driving Digital Transformation with AeroMegh GeoAI

Digital Quantum, renowned for its expertise in technology integration and digital transformation, enables organizations to adopt innovative, experience-led solutions for enhanced operational efficiency and growth. Through this partnership, AeroMegh GeoAI, a comprehensive platform for drone operations, data processing, and analytics will leverage Digital Quantum’s customer-centric design and advanced digital solutions. Together, they aim to streamline drone operations and data analytics across diverse industries such as agriculture, infrastructure, mining and more.

Digital Quantum’s unique approach combines design thinking with advanced technologies to deliver scalable, customer-centered solutions that will empower AeroMegh GeoAI to meet the evolving needs of India’s booming GIS industry. By utilizing Digital Quantum’s capabilities, AeroMegh GeoAI is set to expand its reach, enabling organizations to fully harness the potential of drone technology for accurate, data-driven decision-making.

Meeting the Needs of India’s Evolving GIS Landscape

In an era where GIS technology is reshaping industries, this partnership will enable AeroMegh GeoAI to evolve continuously, aligning with the dynamic demands of the GIS and drone technology sectors in India. With PDRL and Digital Quantum working together, the AeroMegh GeoAI ecosystem is poised to provide accessible, impactful digital transformation for businesses across sectors.

Anil Chandaliya, CEO, PDRL: “Our partnership with Digital Quantum comes at a pivotal moment in India’s GIS industry, where digital transformation and drone technology are rapidly converging. Together, we aim to drive innovation in AeroMegh GeoAI, empowering industries with groundbreaking capabilities.”

Amitabh Shukla, CEO, Digital Quantum: “We are excited to partner with PDRL and support AeroMegh GeoAI in advancing India’s GIS landscape. Our expertise in digital innovation and customer-focused solutions aligns perfectly with PDRL’s vision, and we look forward to redefining the drone technology landscape together.”

By joining forces, PDRL and Digital Quantum are poised to reshape the GIS and drone technology landscape, positioning AeroMegh GeoAI at the forefront of digital transformation and empowering industries across India to embrace a future of data-driven innovation and precision.

About PDRL:

Established in 2018, PDRL has swiftly risen as a dominant force in the Drone Technology, commanding a market share exceeding 50%. With three patents secured and three more in the pipeline, PDRL is committed to pioneering advancements that Create More Time to Live.

Central to PDRL’s mission is the development of cutting-edge drone technologies that streamline operations, boost efficiencies, and create more time to live.

At the heart of PDRL’s innovation is AeroMegh, a revolutionary drone SaaS solution integrating flight management, data capture, processing, and analytics. AeroMegh consists of: AeroGCS: Ensures seamless flight operations, AeroMegh GeoAI platform: Delivers precise photogrammetry solutions and provides advanced GeoAI data analytics. Together, these products empower users with actionable insights, simplifying drone operations and enhancing overall efficiency.

PDRL remains steadfast in its commitment to sustainability and responsible innovation. By leveraging eco-friendly drone solutions, PDRL aims to mitigate carbon footprints and promote environmentally conscious practices across various sectors.

Through continuous research and development, strategic partnerships, and unwavering customer focus, PDRL envisions leadership in the market and also a future defined by efficiency, sustainability, and enduring societal impact.

Contact Details: 
marketing@pdrl.in | +91-7770013322

Photo: https://mma.prnewswire.com/media/2567466/PDRL_Partners_with_Digital_Quantum.jpg

 

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Science Meets Romance: Chemical Engineer Caryn Davis is Flipping the Script and Helping People Find Their Ultimate Chemistry

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November 27, 2024

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Caryn Davis, founder of Exquisite Elite Matchmaking, blends science, expertise, and a personal touch to help busy professionals find lasting love and connection.

HOUSTON, Nov. 26, 2024 /PRNewswire/ — In a world where the complexities of love often rival the intricacies of science, one woman is bringing precision and expertise to the realm of relationships. Caryn Davis, a chemical engineer turned Certified Science-Based Dating Coach and Matchmaker, is using her personal experiences to redefine modern dating.

As the founder of Exquisite Elite Matchmaking, Davis blends her certified training, of what keeps couples together and what breaks them a part, along with a personal touch to help busy professionals find meaningful, long-term relationships. Drawing from her background in chemical engineering and an MBA, she uniquely combines logic and intuition to match clients based on physical attraction (i.e., no blind dates), compatibility, shared values, and relationship goals. Davis relates to her clients in the dating world because she knows what it feels like to be single, married, and divorced. Recognizing the challenges professionals face in finding genuine connections amidst hectic schedules, she decided to create a solution in a stress-free and relaxing manner. That solution became Exquisite Elite Matchmaking, a bespoke service that caters to men from their late 20s to mid 60s primarily in Texas (plans to expand in other states in the future) and offers date coaching to women nationwide.

Empowering BUSY Professionals Through Connection

Beyond the personal impact of her work, Davis is committed to helping BUSY professionals build meaningful relationships. Her approach focuses on addressing the unique challenges they face in dating, ensuring they find partners who complement their goals and values. Davis emphasizes that dating is an opportunity for individuals to grow, connect, and build a foundation for lasting happiness. She acknowledges that while BUSY professionals often excel in their careers, they may struggle to prioritize love, and she helps them bridge that gap with tailored strategies and guidance.

She understands her client’s needs, so she can find partners who genuinely complement them. Her holistic process includes personalized assessments, coaching sessions, and image consultations. As a licensed cosmetologist, she ensures her male and female clients present themselves in their best light. Although her background is in a STEM profession, her clientele have various professional backgrounds, approximately 40% STEM Professionals and 60% Business, Non-Profits, Education, Entrepreneurship, etc.

Exquisite Elite Matchmaking: A Cut Above the Rest

Exquisite Elite Matchmaking is more than just a matchmaking service; it’s a transformative experience. Davis takes pride in tailoring her services to each client’s unique needs, offering:

Personalized Matches: Based on physical attraction, compatibility, values, and goals.Date Coaching: Strategies to improve communication, self-growth, and connection.Image Consulting: Style tips to make lasting impressions.

This approach has earned Davis a reputation as a leader in modern matchmaking, providing a fresh, results-driven perspective on relationships.

Looking to the Future

As the holiday season approaches, Davis is dedicated to helping clients embrace love as a priority. Her matchmaking process inspires hope for those seeking genuine, lasting relationships by providing practical tools and a personalized approach. Drawing from her background as a chemical engineer, Davis applies her problem-solving mindset to help individuals find happiness in their personal lives. Her unique formula for success continues to pave the way for meaningful connections and enduring relationships.

For media inquiries, or to schedule an interview with Caryn Davis—please contact Innovating Marketing Group at info@innovatingmarketinggroup.com or call 346-980-9062.

About Exquisite Elite Matchmaking

Caryn Davis is the founder of Exquisite Elite Matchmaking, a Certified Science-Based Dating Coach, and Matchmaker. With a background in chemical engineering and an MBA, Davis blends her professional expertise with personal experience to help clients find meaningful relationships. Her work for her clients emphasizes compatibility and personal growth.

Press Contact:

LaToya F Hurley
3469809062
http://www.InnovatingMarketingGroup.com

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SOURCE Exquisite Elite Matchmaking

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