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The Shortest Path, The Golden Route: Huawei Cloud Announced Six Collaborative Initiatives for Chinese Enterprises to Thrive in Asia Pacific

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CHONGQING, China, March 27, 2025 /PRNewswire/ — On March 25, 2025, Huawei Cloud hosted its Asia-Pacific Forum at the Go-Global Summit in Chongqing Shancheng International Conference Center, bringing together nearly 200 industry leaders from entertainment, social media, gaming, digital finance, retail, e-commerce logistics, and Web 3.0 sectors. Keynote speakers delved into the current state and future directions of Chinese enterprises’ globalization efforts, while also showcasing success stories of companies that have established a strong presence in the Asia Pacific region, highlighting Huawei Cloud’s dedication to collaborative innovation with customers and partners in this dynamic market.

Six Collaborative Initiatives for Rapidly Expanding Brands in Asia Pacific

In her welcome address, Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, outlined the company’s significant strides in the Asia Pacific region. She mentioned that this region is the largest market for Huawei Cloud outside the Chinese mainland, with Singapore, Hong Kong (China), and Thailand consistently ranking among the top three in terms of revenue creation. This vast region, with Singapore, Hong Kong (China), and Thailand as the top three revenue-generating markets, has solidified its position as the largest market outside China for Huawei Cloud. With the digital economy booming, Asia Pacific has become a hotbed of business opportunities, making it the preferred destination for Chinese enterprises looking to expand their business reach.

However, Jacqueline cautioned that success in this dynamic market requires more than just cutting-edge technology; businesses must also prioritize cost efficiency and adapt to local market nuances to win the trust of customers, partners, and users. To thrive, companies need a deep understanding of each country’s unique landscape and conduct targeted market analysis to establish robust market intelligence. By doing so, they can capitalize on emerging opportunities and unlock growth potential over the coming decade.

Shang Haifeng, President of Huawei Cloud Asia Pacific, highlighted the region’s unique appeal for Chinese enterprises, citing its cultural, linguistic, demographic, and economic affinities with China. The Asia Pacific market has proven particularly fertile for Huawei Cloud, which has expanded 30-fold over the past five years, making it the fastest-growing cloud service provider in the region.

At the forum, Huawei Cloud unveiled six collaborative initiatives for enterprises venturing into Asia Pacific:

Cloud infrastructure: Providing unified access to robust cloud resources, which enables worldwide business operations.

Technology: Assisting customers and partners in co-creating competitive solutions with cutting-edge technologies.

Sales: Assisting partners in expanding new international markets through shared market opportunities.

Ecosystem: Sharing local ecosystem resources to support customers and partners in achieving business success.

Market: Enabling customers and partners to expand their businesses and increase brand awareness through co-marketing campaigns.

Platform: Opening Huawei’s over 20 years of experience in local business, commercial, legal, finance, tax, and compliance operations, supporting enterprises to easily entering the Asia Pacific market.

At the event, Mr. Shang unveiled the “Asia-Pacific Acceleration Program”, where Huawei Cloud Asia Pacific will commit USD10 million in dedicated funding to provide six tailored support packages: strategic consulting, solution development, co-marketing initiatives, cloud migration assistance, joint business expansion, and access to industry networks. He stated that this program aims to empower Chinese enterprises to expand their regional footprint by leveraging Huawei Cloud’s extensive partner ecosystem in Asia Pacific. With this program, Huawei Cloud stands ready to help customers and partners navigate the complexities of globalization.

Sharing on Business Environments and Talent & Investment Attraction Strategies in ASEAN and Hong Kong (China)

Dr. Piti Srisangnam, Executive Director of ASEAN Foundation, underlined that within the next 10 years, ASEAN will comprehensively upgrade its digital infrastructure, foster digital innovation, and lay a solid foundation for becoming a significant global digital economy. Cloud services act as a catalyst for ASEAN’s digital growth, offering stable support for a diversified digital economy. He called for continued collaboration, innovation, and investment to empower ASEAN miracle.

Samson Cheung, Deputy Head of Business and Talent Attraction / Investment Promotion at the Hong Kong Economic and Trade Office in Chengdu (CDETO), noted that the Chinese mainland excels globally in innovation, digital advancements, and untapped market opportunities. Meanwhile, Hong Kong’s robust, diversified financial and capital markets, seamless zero-tariff trade facilitation, and esteemed professional services have solidified its position as the hub for businesses expanding beyond China into the Asia-Pacific region. As a cosmopolitan hub connecting East and West, Hong Kong seamlessly integrates global and Chinese strengths, drawing in top-tier businesses and exceptional talent from around the globe.

Success Stories from Chinese Enterprises

Li Jianggan, founder and CEO of MomentumWorks, drew upon his company’s extensive global operations experience to share valuable insights on going global. He highlighted Southeast Asia’s vast online retail potential, currently at just 12%, significantly lower than China’s 30%. To thrive, businesses must harmonize local relevance with global expansion, creating a model that resonates with local customers and partners. Notably, he argued that a high threshold for global expansion is not inherently negative; rather, it drives enterprises to enhance their internal capabilities before expanding, laying a solid foundation for long-term growth.

According to Shou Dong, co-founder and chairman of ADVANCE.AI, the digital payment penetration rate in Southeast Asia leaped from under 10% in 2015 to a remarkable 75% in 2025, while the digital economy scaled up exponentially from USD32 billion to a whopping USD3 trillion. Mr. Shou attributed his company’s success to three key factors: early market entry, demand for inclusive finance, and market competition itself. He astutely observed, “While others mine gold, you need to prepare your shovel and uncover your unique, irreplaceable value proposition.” Notably, he expressed gratitude towards Huawei Cloud, highlighting their collaborative spirit, saying, “Our first partner wasn’t Huawei Cloud, but they were willing to share business opportunities with us without expecting a transaction.”

Jin Xiaoxu, Director of Business Globalization at Yonyou, stated in his keynote speech that in 2023, Yonyou launched the strategy of helping Chinese enterprises go global and they aim to upgrade this strategy to version 2.0 by 2026, serving over 2 million enterprises to build IT systems and striving to be the top platform in the Asia-Pacific region. With a decade-long partnership with Huawei Cloud, Yonyou has yielded numerous success stories across the Asia Pacific. As Chinese enterprises expand globally, their demands for digital and intelligent upgrades have become increasingly sophisticated, particularly when it comes to localized operations. To meet this need, Yonyou plans to deepen its roots in the Asia Pacific market, driving localized partnerships and operations while continuing to facilitate smart management for enterprises.

During the panel discussion, the host facilitates a discussion where four guests shared their experiences of expanding into the Asia-Pacific market and the challenges they overcame in this journey, while also exploring how AI empowers or transforms their respective industries.

Tian Ye, founder and CEO of Delivery Chinatown, highlighted the Southeast Asia market’s severe fragmentation, particularly emphasizing the difficulties faced by food delivery platforms. Singapore was their first stop in global expansion, despite its high consumption level and relatively small scale, which posed significant regulatory differences. They expressed gratitude towards Huawei Cloud for providing robust support in connecting them with local partners and customers.

Bi Peng, CTO of Island Credit Solution, expressed optimism that the partnership with Huawei Cloud would help address Southeast Asia’s unique challenges, particularly the availability of comprehensive localized technologies and services, and optimize data verification and processes by employing AI. Huawei Cloud’s infrastructure and AI capabilities will be instrumental in driving their innovation forward.

Jennifer Zhang, President of WIZ.AI, highlighted the talent acquisition as the greatest challenge for expanding globally. She emphasized that AI technology plays a pivotal role in streamlining business processes and boosting efficiency.

Cai Yi, CTO of NXCLOUD, expressed that with Huawei Cloud’s backing, they have successfully entered the local market and achieved notable milestones. As the market evolves, it becomes essential to delve into customer needs and continually generate value. With Huawei Cloud’s open AI platform, they are able to leverage foundation models at low cost and high efficiency, an efficient way to maintain technological leadership and capitalize on industry transformation opportunities.

Looking ahead, Huawei Cloud will empower Chinese enterprises to gain a competitive edge in the global market through its holistic support and innovative solutions, fostering closer collaboration with customers, partners, and industry peers to drive the globalization of Chinese businesses.

 

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SOURCE Huawei Cloud APAC

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Recast Revolutionises Digital Monetisation with RecastPay, a Universal Media Wallet

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A frictionless, digital wallet enabling media owners to sell any media direct-to-consumer at any price—without subscriptions

EDINBURGH, Scotland, April 3, 2025 /PRNewswire/ — Today, Recast is redefining the way consumers access digital media through the launch of RecastPay – a universal wallet that empowers media owners to sell any digital item – videos, podcasts, articles, AI tools and beyond – directly to any consumer at any price, from £0.01 to £100 per transaction. 

With the introduction of Recast’s API, RecastPay can be integrated into any platform, enabling media owners to offer consumers seamless, flexible access to any digital item directly from their platforms, offering a subscription-free alternative that complements existing monetisation strategies.

Recast’s Affiliate & Content Syndication engine empowers media owners to amplify their reach and revenue by incentivising affiliates, brands, and consumers to promote their content. What sets Recast apart is its unique affiliate engine, which allows anyone—from fans and influencers to celebrities—to promote destinations or specific products, while permitted third parties can act as sellers. Both the promoters and sellers earn an instant share of each referred transaction. In today’s crowded direct-to-consumer market, this model enables media owners to expand marketing and distribution at no cost, all while retaining full control over their inventory and revenue streams.

“This marks a turning point for the media industry,” said Andy Meikle, Founder & CEO of Recast. “Consumers are demanding flexibility, and the traditional ‘all-or-nothing’ subscription model is failing. RecastPay empowers media owners to adapt — unlocking new revenue streams across all formats, from video and articles to AI tools and interactive experiences — with a solution that meets audiences where they are: ready to engage, and ready to pay on their own terms.”

Since 2018, Recast has led the charge in micropayment technology, helping sports and entertainment rights holders unlock new revenue from video content. The problem was clear: rising subscriptions were locking out fans, and traditional paywalls weren’t working, but this challenge extends beyond sports. Across all media, a small fraction of users convert via subscriptions—39% of people in the UK will cancel a subscription this year. With subscriptions and ad models under pressure, media owners need a smarter way to monetise content. RecastPay provides a solution, enabling media owners to capitalise on the booming micropayment economy, which Statista predicts will reach £323 billion by 2028.

“The demand for flexible content access is accelerating,” Meikle added. “Media owners using Recast’s media monetisation solution have seen an average 15.2% conversion-to-cash rate—proving that consumers are willing to pay when given the choice. RecastPay extends this success across all media types, enabling businesses to maximise reach, revenue, and audience engagement.”

With RecastPay, media owners can monetise fan consumption at any price point, from microtransactions to high-value purchases,creating new revenue opportunities without relying on rigid paywalls or ad saturation.

The significance of RecastPay’s growth potential for media owners has already been recognised with a recent shortlisting for Technology Company of the Year at the British Business Awards 2025 amongst global multinationals like Dell and Hewlett Packard. This recognition further demonstrates Recast’s innovative technology and scalable business model.

Recast Highlights and Features:

Monetise Any Digital Asset – Whether it’s articles, sports streams, premium videos, AI-powered tools, or educational content, RecastPay enables instant revenue generation from £0.01 to £100 per transaction. Earnings are instantly distributed (net of tax and fees) to relevant stakeholders based on predefined rules on each inventory item, ensuring fair, transparent and immediate revenue sharing with partners and collaborators.Increase Conversions & Engagement – Attract younger, digital-native audiences with a low-friction, pay-as-you-go model designed to drive engagement and retention.Affiliate & Syndication Engine – Anyone – fans, influencers, celebrities etc – can promote a destination or specific product and earn an instant share of each referred transaction. Permitted third parties can act as sellers on behalf of others, also earning instantly per transaction.Engineered For Data & Marketing Insights – Brands can fund users’ wallets to offer discounted access to content in exchange for solicited actions, such as data sharing or opting into marketing. This creates new opportunities for audience engagement and monetisation while strengthening relationships between brands, creators, and consumers.

As Recast continues to pioneer the future of media monetisation, RecastPay empowers media owners to thrive in a rapidly evolving digital landscape by offering consumers the flexibility they demand. With its frictionless, subscription-free model, Recast is setting a new standard for how content is accessed, valued, and monetised.

About Recast

Recast is a premium fintech solution offering media monetisation options that unlocks new revenue for media owners by enabling them to sell any digital media or asset direct-to-consumers, on their own platforms or via affiliates, at any price – from £0.01 to £100. Every transaction is powered by RecastPay — a universal media wallet that integrates seamlessly into any platform with no upfront costs, providing consumers with flexible, subscription-free purchasing power.

Recast’s proprietary affiliate and syndication engine allows media owners to incentivise approved third parties to promote and sell their media, with revenue instantly distributed to all stakeholders. Recast’s integrated data and marketing tools, help media owners understand audience behaviour, optimise content performance, and engage directly with consumers to drive maximum value.

Based in Edinburgh and backed by US VC Morpheus Ventures, Recast is redefining how media is valued and monetised.

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View original content:https://www.prnewswire.co.uk/news-releases/recast-revolutionises-digital-monetisation-with-recastpay-a-universal-media-wallet-302418981.html

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ION Treasury announces launch of its Enterprise Payment Hub to centralize payment processing

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LONDON, April 3, 2025 /PRNewswire/ — ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, announces the launch of its Enterprise Payment Hub, a new solution, to centralize, automate, and secure payment processing.

The Enterprise Payment Hub is ideal for businesses with multiple payment source systems and numerous points of connection to their banks. Many companies lack end-to-end visibility of their payments and require consistent processes that comply with their control frameworks. The Enterprise Payment Hub consolidates the end-to-end payment process into a single platform, ensuring system-controlled security, consistency of payment workflows, file encryption, reliable connectivity, cut-off time management, and payment monitoring. The solution’s connectivity facilitates transfers of payment files between upstream systems and banks through various channels.

Real-time visibility and automation

The Enterprise Payment Hub ensures that companies never lose track of any payments as they move through the payment lifecycle. With API integration and support for SWIFT GPI, users gain real-time visibility of global payments through on-screen monitors. It is designed to maximize productivity through automation and sends alerts for any items that require timely actions.

Demonstrating ION Treasury’s commitment to supporting CFOs through their digital transformation, the Enterprise Payment Hub brings finance teams closer to their objectives. It centralizes data for use in AI applications and reduces costs by optimizing liquidity positions and lowering bank fees. It also ensures robust payment security standards to prevent fraud and tighten control of payments.

Flexibility without customization

Businesses that manage multiple payment source systems will benefit from configurable workflows that support straight-through processing (STP) for various payment types. This flexible solution can be deployed either on-premises or in the cloud and interacts with any Treasury Management System (TMS), Enterprise Resource Planning (ERP) system, and multiple payment source systems. This makes it ideal for organizations looking to centralize their payments landscape. Enterprise Payment Hub seamlessly integrates with ION Treasury’s leading solutions Wallstreet Suite, Reval, and IT2 for an enhanced TMS experience.

Michael Kolman, Chief Product Officer at ION Treasury, says: “We are excited to bring this new innovation to CFOs and Treasurers. Visibility and controls around payment management are increasing in criticality. Enterprise Payment Hub addresses the vital need for centralized controls and enables digital transformation, while also providing businesses the potential to reduce operating costs.”

Learn more about the Enterprise Payment Hub and ION Treasury’s payment solutions.

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/

About ION Treasury

ION Treasury delivers unique treasury and risk management solutions to organizations of all sizes, offering both on-premises and cloud options. Our award-winning solutions help manage liquidity and mitigate operational, financial, and reputational risk. Together with a global community of over 1,100 clients, we are shaping the future of treasury and risk management technology. For more information, visit https://iongroup.com/treasury/

All product and company names herein may be trademarks of their registered owners. 

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SOURCE ION

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JSAUX announces its first Nintendo Switch 2 accessories

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HONG KONG, April 3, 2025 /PRNewswire/ — Tech manufacturer JSAUX has announced its line up of Nintendo Switch 2 accessories after yesterday’s Nintendo Direct. With the console launching on June 5 and pre-orders opening April 9, this first batch is just a glimpse of more to come.

After successfully positioning itself as a market leader for handheld PC accessories, especially amongst Steam Deck players thanks to its docking stations and other gaming solutions, JSAUX has now revealed its first batch of Nintendo Switch 2 accessories, further solidifying its commitment to creating the most comprehensive accessory ecosystem for the Switch 2. You can find the list below:

Switch 2 Colorful Ultra-thin Carrying Case – Sleek, lightweight, available in blue and orange.Switch 2 Carrying Case – Stores up to 10 games, with shoulder and hand straps.Switch 2 Split Transparent Ergonomic Protective Case – Protects against scratches, dust, and fingerprints, dock-friendly.Switch 2 Integrated Soft TPU Protective Case – Nearly invisible protection with full port access.Switch 2 Multi-Mode Joystick Caps – Set of six for customizable grip.Switch 2 Anti-glare Tempered Glass Screen Protector – Enhances visibility in bright settings.

Besides these first accessories, JSAUX will also launch the ModCase for Switch 2, with an anticipated release in the near future.

Designed to enhance the experience for Switch 2 users, these accessories will be ready as soon as the console arrives. To celebrate the launch, JSAUX will offer exclusive discounts, including $50 off $20 and $30 off $10 coupons for all the Switch 2 accessories, available on the official website from today until June 5th.

At the moment, the company is also working on more add-ons such as Protection & Storage Accessories, Controllers & Gaming Accessories, Charging & Power Accessories, and Console Expansion & Connectivity (Docking Stations) that will be announced shortly.

About JSAUX

JSAUX is a global tech innovator known for its quality and forward-thinking design. Since 2016, the brand has grown to serve over 20 million customers in 100+ countries. Initially recognized for its Amazon best-sellers, JSAUX quickly became a leader in the Steam Deck accessories market and has since diversified its portfolio. From gaming peripherals and portable monitors to premium iPhone accessories, JSAUX continues to deliver solutions that prioritize customer needs and innovation.

Follow JSAUX on social media for updates.

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SOURCE JSAUX

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