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MAC.BID Opens Second Location in San Antonio

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Pennsylvania-based online auction company expands retail and warehouse footprint in San Antonio, creating more than 50 additional local jobs

PITTSBURGH, March 20, 2025 /PRNewswire/ — Online retail liquidation company, MAC.BID, announced today the opening of a second warehouse and retail location in San Antonio, Texas. This expansion marks a significant milestone for the Pennsylvania-based company, further growing its presence in the Lone Star State. MAC.BID currently operates more than 24 locations across Pennsylvania, Ohio, North Carolina, South Carolina, Arizona, Colorado, Nevada, and Texas.

MAC.BID buys returned and overstocked goods by the truckload from top retailers like Amazon, Target, Walmart, Home Depot, and Wayfair and resells the items individually through their proprietary online auction platform. All products are put up for auction with an opening bid of $1, and are sold to the highest bidder with no reserve price. Winning bidders can expect to save up to 80% off retail while having fun participating in the online auction.

“Since we launched our first Texas location in Schertz a year ago, we’ve felt the love and support from the community,” said Kellen Campbell, co-founder and president at MAC.BID. “That success has enabled us to open a second location in San Antonio, providing more consumers with the opportunity to save money and stretch their hard-earned dollars further.”

San Antonio Locations:

4666 U.S. 90 Access Rd, San Antonio, TX 78237 (New)17745 Lookout Rd Suite 400, Schertz, TX 78154

MAC.BID currently employs nearly 1,500 people across more than 2 million square feet of warehouse space. The new San Antonio location adds 50 new jobs to the area, offering opportunities across a variety of roles and specialties.

At the heart of MAC.BID’s business is a deep commitment to providing second chances—not just for products but also for people and the communities it serves.

MAC.BID’s philosophy of second chances also extends to the spaces it occupies, with auction pickup locations often housed in repurposed big-box stores or aging warehouses, helping to revitalize underutilized commercial areas. The company’s commitment to sustainability ensures that many returned and overstocked items, which might otherwise be discarded, find a new home through its marketplace.

In October, MAC.BID announced the company expanded its operations in the Southwest, opening five warehouse and retail locations across Arizona, Colorado and Nevada.

ABOUT MAC.BID
MAC.BID (formerly known as M@C Discount) is an online retail liquidation company that buys returned and overstocked goods by the truckload from top retailers like Amazon, Target, Walmart, Home Depot, and Wayfair and resells them individually through its proprietary online auction platform. Founded by Shawn Allen and Kellen Campbell in 2018, the Butler, Pennsylvania-based company operates 24 locations across the U.S.

For more information, visit https://www.mac.bid/how-it-works.

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Hexaware’s Excellence in Sustainability Recognized at Net Zero Summit & Awards 2025

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The Tech Major Wins the Sustainable Organization of the Year Title for the Second Year in a Row

MUMBAI, India, April 9, 2025 /PRNewswire/ — Hexaware Technologies, a global leader in digital solutions, is thrilled to announce its back-to-back victory as the Sustainable Organization of the Year at the Net Zero Summit & Awards 2025. This award recognizes the company’s trailblazing efforts to redefine corporate sustainability. One of the summit’s most coveted honors, it applauds Hexaware’s climate strategy, circular economy innovations, and a clear focus on building a greener, more equitable future.

Hexaware’s win highlights its leadership in translating sustainability ambitions into measurable action. The company stood out for its holistic integration of ESG principles, from slashing carbon emissions and championing renewable energy to fostering workplace safety and gender equity. The evaluators praised Hexaware’s ability to balance planet-first initiatives with business growth.

Uma Thomas, Chief Risk Officer, Hexaware, said, “This back-to-back win is a testament to the passion of 32,000 Hexawarians who turn sustainability into action every day. From powering our campuses with 71% renewables to achieving zero waste-to-landfill, we’re proving that technology and responsibility can—and must—go hand in hand. Together, we’re scripting a greener future, one innovation at a time!”

Hexaware’s triumph was fueled by standout performances in multiple award criteria, showcasing its leadership in diverse sustainability domains:

1. Climate Action Champion (SBTi-Validated Leadership)
Hexaware’s science-based targets—approved by the Science Based Targets Initiative (SBTi)—earned accolades for aligning with the Paris Agreement’s 1.5°C goal. Key milestones include:

71% renewable energy adoption at owned campuses (up from 59% in 2023), avoiding 6,456 tons of CO2.57.5% green electricity Pan-India (vs. 39.7% in 2023) via solar, wind, and partnerships like Beta Wind Farm.Net-Zero Pledge: Targeting 70% renewables by 2030 and net-zero Scope 1 & 2 emissions by 2040.

2. Circular Economy Pioneer (Zero Waste, Maximum Impact)
The company’s zero-waste innovation stole the spotlight:

100% waste segregation with zero landfill contribution through partnerships like Earth Recyclers, upcycling food waste into compost[DS2] , and recycling e-waste responsibly.Single-use plastic ban across campuses, praised by clients and employees alike.Zero Liquid Discharge (ZLD) has been achieved at the Chennai and Pune campuses, and a third facility will be underway by 2027.

3. Workplace Wellness Warrior (Gold-Standard Safety & Inclusion)
Hexaware’s employee-centric initiatives were praised for:

Zero safety incidents in 2024, backed by ISO 45001 certification and cutting-edge air quality monitoring systems.Economic Times NOW Best Organizations for Women 2024 award for the second consecutive year, celebrating gender equity and inclusive policies.LEED Platinum/Gold workspaces with 33% energy savings, 56% water efficiency, and indoor air quality systems.

4. Industry Recognition Royalty (Top-Tier ESG Scores)
Hexaware’s global accolades underscored its ESG dominance:

EcoVadis Silver Medal (92nd percentile)—outperforming 92% of peers in sustainable procurement, ethics, and environmental stewardship.Achilles Sustainability Silver (Score: 91)—Silver stamp demonstrating commitment to sustainability.CDP Debut Success with a ‘B-‘ in Water Security and ‘C’ in Climate, signaling strong transparency in environmental reporting.

Hexaware’s sustainability journey continues to accelerate, with plans to:

Scale renewable energy partnerships globally.Expand water stewardship projects to 5 new communities by 2026.Achieve 100% renewable electricity across key offices by 2030.

R Srikrishna, Chief Executive Officer, Hexaware, shared, “This award isn’t just ours—it belongs to every partner, client, and employee who joined us on this journey. Whether reviving lakes in drought-prone regions or deploying AI-driven energy-saving tech, we’re committed to pushing boundaries. The best is yet to come!”

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.

Learn more about Hexaware at https://hexaware.com.

Safe Harbor Statement

Certain statements in this press release concerning our future growth prospects are forward-looking, which involve numerous risks and uncertainties that could cause actual results to differ materially from those in such statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases globally, our ability to attract and retain highly-skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Hexaware has made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.

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Fosun Wealth Holdings Strengthens Fintech Strategy as Finloop Becomes a Strategic Enterprise of OASES

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HONG KONG, April 9, 2025 /PRNewswire/ — Finloop Finance Technology Holding Limited (“Finloop”), an AI-driven one-stop institutional wealth management platform incubated by Fosun Wealth Holdings under Fosun, announced that it has become one of the strategic enterprises of the Office for Attracting Strategic Enterprises (“OASES”) of the Government of Hong Kong Special Administrative Region. This milestone represents a significant advancement in Fosun Wealth Holdings’ fintech strategy and a solid step forward for Finloop in deepening its foothold in wealth management market in Hong Kong.

OASES held the “OASES Enterprises Signing Ceremony” to welcome a new batch of strategic enterprises establishing or expanding their operations in Hong Kong on 8 April. In the presence of Financial Secretary, Mr. Paul Chan, Finloop and other 17 enterprises signed agreements to become strategic enterprise partners of the Government. These enterprises come from high-tech industries such as advanced manufacturing and new energy technology, AI and data science, fintech, and life and health technology.

Aligning with National Development Plan, Shaping Hong Kong’s Innovation and Technology Future

“We are honored to be recognized as a strategic enterprise partner of OASES and look forward to injecting new momentum into Hong Kong’s innovation and technology ecosystem, contributing to the development of its innovation and technology blueprint,” said Mr. Cheng Kang, CEO of Fosun Wealth Holdings and Chairman of Finloop. “Hong Kong has the unique advantage of ‘One Country, Two Systems’, serving as a bridge between mainland China and global markets. Finloop has also introduced a two-way empowerment strategy, which aligns perfectly with this position. The 14th Five-Year Plan clearly supports Hong Kong’s transformation into an international innovation and technology hub. In recent years, the HKSAR government has rolled out a series of policies to promote technology innovation. The 2025-26 Budget outlined multiple support measures, such as enhancing AI infrastructure and advancing R&D. These initiatives create a favorable environment for Finloop to expand business in Hong Kong.”

Finloop has set up its headquarters in Hong Kong during 2024. It has also become a tenant of Cyberport since March this year to facilitate deeper engagement with local innovation and technology community. As a one-stop institutional wealth management platform, Finloop delivers technology solutions to financial institution clients, covering a comprehensive range of wealth management products, including cash management, public funds, private funds, structured products, bonds, insurance, virtual assets (VA), and real-world assets (RWA). To seize opportunities in wealth management, Finloop has become one of the most impactful providers of financial products and technology solutions for Cross-boundary Wealth Management Connect 1.0 and 2.0, significantly enhancing the liquidity and dynamism of wealth management market in Hong Kong.

Empowering Clients with Comprehensive Technologies, Building a Benchmark for Wealth Management Platforms

Amid the era of digital transformation across wealth management industry, Finloop is intensifying its competitiveness with cutting-edge technologies, by embedding AI into its innovation core. Its proprietary middle-office system of wealth management, also known as “FinOne”, integrates deeply with AI technology to power three intelligent operating systems: AI Product Manager, AI Investment Advisor and AI Assistant. These systems significantly boost the operational efficiency for financial institution clients. To unlock opportunities in Web3.0, Finloop also taps into digital asset business, by offering one-stop technology solutions to help fund companies and licensed institutions of virtual asset dealing services provide technological services such as in-kind subscription and redemption of virtual asset ETFs and stablecoin dealings. At the same time, Finloop actively supports the development of tokenization in Hong Kong, promoting Hong Kong as a hub for RWA tokenization. Finloop provides comprehensive and advanced fintech solutions for RWA projects and deeply assists licensed institutions in participating in Hong Kong Monetary Authority’s sandbox projects. This helps traditional financial institutions upgrade their systems to adapt to the new framework and landscape of wealth management in the virtual assets world.

Looking ahead, Finloop will continue to harness its fintech strengths and actively engage with OASES’s resources in evaluation, connection, and funding schemes. Finloop aims to provide leading infrastructure solutions of wealth technology to financial institutions in Hong Kong, while maintaining a strong presence in Hong Kong, expanding throughout the Asia-Pacific region, and connecting to global markets. Mr. Cai Hua, CEO of Finloop, remarked: “Finloop will remain driven by ‘digital intelligence’, with a focus on AI to empower financial institution clients in achieving business growth and creating synergy across the wealth management industry—from technological R&D to financial scenario applications and market output. Simultaneously, we will strengthen cooperation with the HKSAR government and local incubation organizations, actively participate in regulatory sandbox programs, strengthen ties with academia, promote knowledge sharing and standardization, and work together to build an efficient, intelligent, and secure wealth management ecosystem.”

About Finloop Finance Technology Holding Limited

Finloop Financial Technology Holding Limited, along with its affiliates Finloop Finance Technology Services Limited and Finloop Finance Limited (collectively referred to as “Finloop”), is an AI-driven one-stop institutional wealth management platform headquartered in Hong Kong. It provides comprehensive wealth management products and technology solutions for various financial institutions, covering commercial banks, securities companies, cross-border e-commerce, family offices, wealth management companies, insurance brokerage companies, fund companies, etc. Through its proprietary technology platform, Finloop provides a full range of wealth management products including cash management, public funds, private funds, structured products, bonds, insurance and virtual assets. Finloop holds a leading position in the financial technology sector in Asia. It has industry-leading research and development capabilities and solution implementation capabilities. It is currently the only financial technology service provider that can provide a one-stop wealth management platform and solutions. Finloop is committed to becoming customers’ most trusted wealth management partner and helping promote innovation and development of the wealth management industry.

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With 36% growth, APRIL reaffirms its ambition to become Europe’s leading world-class insurance broker in the mass market

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LYON, France, April 9, 2025 /CNW/ —

One year after launching its strategic plan, Spring 27, APRIL has met the growth targets it set itself. 

Turnover of €860 million, an increase of 36% (7% of it organic).21% of turnover is recorded outside of France.€1.9 billion in negotiated premium volume, and €16 billion of assets under management.

The group’s four market segments – personal insurance, property and casualty insurance, international health insurance, and asset management – are growing.

Personal insurance activities – health and protection of consumers, professionals and businesses, and creditor insurance – grew by 2% to €358 million, affected by the property-market slowdown which hit La Centrale de Financement’s creditor-insurance and mortgage business. The consumer healthcare market recovered in the final quarter, and should sustain the high performance of the group’s business healthcare activities.

Property and casualty insurance – two-wheel vehicles, construction, cars, leisure, property. Turnover grew by 24% to €230 million, thanks to strong organic growth and the acquisition of UK insurer Lexham.

Savings and asset management is establishing itself as the group’s third pillar, following the purchase of DLPK, with turnover of €182 million.

Expatriate healthcare grew by 9% to €90 million in turnover. APRIL International’s ambition of having a single global information system will become a reality in 2025, delivering a major competitive advantage amid a phase of consolidation in the international-healthcare market.

After the successful integrations of DLPK, the French leader in savings and asset management, and Lexham Insurance, a leading player in two-wheeler insurance in the UK, which made a significant contribution to the company’s trading performance starting in 2024, APRIL is exploring various external-growth opportunities and greenfield investments in 10 further countries including Egypt, Abu Dhabi and Mexico, beginning in 2025.

The group has also regained a Net Promoter Score of +26 by leveraging its digital transformation: €140 million is being invested during the 2023-2026 period, including the rollout of several artificial-intelligence projects and heavy investment in data.

Some 400 employees will be hired in 2025, with the focus being customer-relationship, digital and IT roles.

Lastly, APRIL is continuing to open up its share capital to its employees. Worldwide, more than 50% of them became shareholders in 2024. Sharing value with its 3,000 employees is one of the group’s key goals.

“APRIL’s solid results reflect our partners’ and customers’ trust as well as our teams’ commitment. The first two years of our strategic partnership with KKR have proved a success that is consolidating our joint ambition of making APRIL a world-class European player. Our stable, long-term shareholder base gives us the latitude and resources to continue and accelerate the transformation and expansion that we’ve embarked on, and we fully intend to do this. More specifically, although France is our biggest market and we are enjoying sustained development there, our target is to generate 30% of our turnover internationally by 2027. This will involve large external-growth transactions in high-value-added business lines in addition to those where we already operate – and especially in international healthcare, where our development engine is powering up. One last point: we will remain a strong voice defending consumers’ interests, particularly in creditor insurance, where we will be making representations to the authorities and to members of parliament in the face of anti-competitive practices by certain bancassurance insurers.” – Eric Maumy, CEO of the APRIL Group.

About APRIL

APRIL’s 3 000 staff members aim to offer their customers and partners – individuals, professionals and businesses – an outstanding experience combining the best of humans and technology, in health and personal protection for individuals, professionals and VSEs, loan insurance, international health insurance (iPMI), property and casualty niche insurance and asset management. APRIL aspires to become a digital, omnichannel and agile operator, a champion of customer experience and leader in its markets, while committing to the societal responsibility issues set forth in its Oxygen approach. The APRIL Group operates in 20 countries and recorded a turnover of over €860M in 2024. www.april.com 

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APRIL
Mélanie Sutter – melanie.sutter@april.com 

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